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.