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2026 insurance industry report: In-depth analysis and trends
Our Insurance industry report will look under the bonnet of the $975bn-plus direct written premium U.S. P&C market. We’ll highlight the issues to watch, reveal the top players, share the industry statistics you need to know, and examine the trends shaping the sector. Our report will showcase Insurance Insider US’ expert coverage and in‑depth analysis of what’s happening now and what’s in the pipeline. Read on for factors driving the future of insurance.
The US P&C insurance market is enjoying a period of relative stability, with uderwriting profit generally holding up despite heavy catastrophe losses. The picture is, of course, mixed by company and by line. What’s more, shadows on the horizon include geopolitical and economic uncertainty, social inflation, casualty reserving, and climate change.... Read More
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Why critical illness insurance matters in Canadian financial planning
Out-of-pocket costs tied to critical illnesses in Canada, whether cancer, heart attack, or stroke, are rarely predictable or easily contained. The financial impact may extend well beyond clinical care, shaped by income disruption, travel for treatment, home adaptations, and therapies that can fall outside public coverage. For many households, the largest cost is not a single bill but the cumulative effect of expenses that arrive while earnings are reduced or paused altogether.
In a recent conversation with Dan Witzke, who holds a leadership role at Desjardins Insurance, he sets out a distinct view of how critical illness insurance should function in Canadian financial plans. He points to Desjardins Insurance’s scale as part of Canada’s largest financial cooperative and its internal culture as important enablers of a more deliberate, advisor-focused strategy.
His thesis is clear. Traditional planning has focused primarily on death and long-term disability, often leaving extended periods of serious illness under-addressed. Critical illness insurance, particularly in its current form at Desjardins Insurance, is presented as a source of recovery...Read More |
Visitors to Canada insurance: Why is it useful?
Foreign visitors don’t have access to Canada’s universal healthcare system. But visiting families, tourists, and foreign workers and students can purchase “visitors to Canada” insurance. It comes in very handy in the event of illness or an accident.
What is visitors to Canada insurance?
This type of travel insurance is available from various Canadian insurance providers for people visiting the country. It covers their medical expenses up to a predetermined amount.
In Quebec, a one-day hospitalization can cost more than $3,200, and that doesn’t include physicians’ fees. In intensive care, the cost for one day Increases to over $11,000! With this insurance, a traveller who is the victim of an accident or illness won’t have to pay these amounts out of pocket to receive care in a Canadian hospital—and they won’t leave the family members or friends they’re staying with their employer, or the Quebec healthcare system on the hook for the costs.
It’s also worth noting that some visitors insurance policies cover side trips—that is, travel by the insured person to another country besides Canada as part of their trip. They would be covered, for example, if the majority of their trip takes place in Quebec and they decide to spend a few days by the sea...Read More
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