Following list shows the top 30 insurance companies in Canada in terms
of total assets. Manulife is the largest insurance company in Canada and
one of the largest life insurers in the world. The company offers life
insurance, health & dental insurance, travel insurance, pension
products, annuities, mutual funds, assets management and other services.
Power Financial Corporation is the second largest insurer in Canada
with assets of over C$400 billion. The company’s insurance subsidiaries
include Great-West Life, London Life and Canada Life Assurance Company.
In Canada, auto insurance is the largest product line segment in the
insurance market. According to the J.D. Power 2015 Canadian Auto
Insurance Satisfaction Study, The Co-operators, TD Insurance and The
Personal Insurance Company ranked highest in their respective region.
| S.NO |
Company |
| 1 |
Manulife Financial |
| 2 |
Power Financial |
| 3 |
Sun Life Financial |
| 4 |
Fairfax Financial |
| 5 |
Industrial Alliance Insurance |
| 6 |
Desjardins Insurance * (1) |
| 7 |
Intact Financial |
| 8 |
E-L Financial Corp |
| 9 |
RBC Insurance |
| 10 |
Meloche Monnex Group/TD Bank (2) |
| 11 |
The Co-operators Group * |
| 12 |
ivari |
| 13 |
SSQ Financial * |
| 14 |
BMO Life Insurance Company |
| 15 |
Wawanesa Mutual Insurance
Company |
| 16 |
RGA Life Reinsurance Company of
Canada |
| 17 |
Aviva Insurance Company of
Canada |
| 18 |
Genworth Financial Mortgage
Insurance |
| 19 |
La Capitale * |
| 20 |
Economical Mutual Insurance
Company |
| 21 |
AIG Insurance Company of Canada |
| 22 |
Royal & Sun Alliance
Insurance Company of Canada |
| 23 |
Zurich Insurance |
| 24 |
Dominion of Canada General
Insurance |
| 25 |
Equitable Life Insurance Company
of Canada |
| 26 |
Allstate Insurance Company of
Canada |
| 27 |
MD Life Insurance Company |
| 28 |
Primerica Life Insurance Company
of Canada |
| 29 |
Chubb Insurance Company of
Canada |
| 30 |
Assurant Life of Canada |
| 31 |
ACE INA Insurance |
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