Segregated (except Pension) Funds

OVERVIEW

This class comprises funds that are separate investment accounts established by life insurers under the provisions of the Canadian and British Insurance Companies Act, or the corresponding sections of the Foreign Insurance Companies Act or a provincial act.

Setting up these funds allows life insurers’ policy holders to invest in funds that are not subject to the investment restriction in effect on the insurers’ portfolio as contained in the insurance act. Example Activities: Segregated funds (except pension), of life insurance carriers

The information on the number, size and location of establishments can be used to assess the existing level of competition within the industry in your province/territory. The table below shows the breakdown between employer and non-employer or indeterminate establishments for each province and territory as well as at the national level. For this industry, 5 of establishments are non-employers or indeterminate and 11 have one or more employees.