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. |
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