Current Table

Top 10 Life and Nonlife Insurance Companies, Canada, 2017

(US$ millions)

Life Nonlife
Rank Company Gross premiums written (1) Rank Company Gross premiums written (1)
1 The Manufacturers Life Insurance Company $28,020.9 1 Intact Insurance Company $5,240.6
2 The Great-West Life Assurance Company 26,537.0 2 Aviva Insurance Company of Canada 3,109.4
3 Sun Life Financial Inc. 15,255.3 3 Security National Insurance Company 2,306.8
4 RBC Life Insurance Company 1,593.4 4 The Wawanesa Mutual Insurance Company 2,277.5
5 Co-operators Life Insurance Company 915.4 5 Co-operators General Insurance Company 2,114.1
6 BMO Life Insurance Company 912.9 6 Economical Mutual Insurance Company 1,762.2
7 The Empire Life Insurance Company 743.3 7 Royal & Sun Alliance Insurance Company of Canada 1,388.8
8 The Equitable Life Insurance Company of Canada 696.3 8 Certas Home and Auto Insurance Company 1,309.8
9 Ivari Insurance Company 622.4 9 Allstate Insurance Company of Canada 1,136.3
10 Blue Cross Life Insurance Company of Canada 285.1 10 The Personal Insurance Company 1,104.7

(1) Gross premiums written: direct premiums written and reinsurance assumed premium before taking into account deductions for reinsurance and ceding commissions.

Source: Office of the Superintendent of Financial Institutions (www.osfi-bsif.gc.ca), sourced by Timetric. © Global Data.

 
Top 10 Life And Nonlife Insurance Companies, Canada, 2016

(US$ millions)

Life Nonlife
Rank Company Gross written
premium (1)
Rank Company Gross written
premium (1)
1 The Manufacturers Life Insurance Company $27,661.4 1 Intact Insurance Company $5,051.0
2 The Great-West Life Assurance Company 22,814.4 2 Aviva Insurance Company of Canada 2,521.9
3 Sun Life Financial Inc. 14,622.7 3 Security National Insurance Company 2,292.4
4 RBC Life Insurance Company 1,158.3 4 The Wawanesa Mutual Insurance Company 2,127.7
5 Co-operators Life Insurance Company 858.2 5 Co-operators General Insurance Company 1,937.5
6 The Empire Life Insurance Company 756.2 6 Economical Mutual Insurance Company 1,572.4
7 BMO Life Insurance Company 706.8 7 Certas Home and Auto Insurance Company 1,442.5
8 The Equitable Life Insurance Company of Canada 599.9 8 Royal & Sun Alliance Insurance Company of Canada 1,319.6
9 Ivari Insurance Company 589.1 9 Allstate Insurance Company of Canada 1,076.6
10 Blue Cross Life Insurance Company of Canada 255.6 10 The Dominion of Canada General Insurance Company 889.2

(1) Direct written premium and reinsurance assumed premium before taking into account deductions for reinsurance and ceding commissions.

Source: Office of the Superintendent of Financial Institutions (www.osfi-bsif.gc.ca), sourced by Timetric.