Life and Health Insurance Boosts Manitoba Economy
Manitoba life and health insurers directly employ 3,520 people and invest heavily in the province. In 1981 residents paid 361 million in premiums with 239 million going to non Manitoba insurers, while 539 million from other provinces returned to Manitoba insurers. Investments funded housing, schools, roads, and public works, maintaining lower costs and expanding employment through indirect spin offs totaling about 11,000 Manitoba jobs.