Insurance Industry is shrinking ! By About Cash Flow Editor | 24 February, 2008 - 11:02 pm |22 July, 2014 Personal Finance We as consumers have a big problem , there are less and less insurance companies offering services in Canada . Why ? They are being bought out by the giant conglomerates like Manulife , Great West Life and Sun Life . … More: continued here Tagged life. Bookmark the permalink.