AM Best report finds private equity investments rose just 3.3 per cent in 2022.
Canada home to 21 companies with gross direct premiums exceeding USD $1-billion.
Minimum required contributions for 2023 expected to go up by three per cent from 2022.
Regulator’s quarterly report also shows slowed profitability.
Experts point to mark-to-market investment losses among factors affecting reinsurance industry.
Annuity yields improve compared to provincial bond yields, fuelling fiercely competitive market.
Results vary widely, depending on data interpretation.