List of Canadian insurance companies
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This is a list of Canadian insurance companies. The top
insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
providers in
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by to ...
are
Manulife Manulife Financial Corporation (also known as Financière Manuvie in Quebec) is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulif ...
,
Canada Life The Canada Life Assurance Company, commonly known as Canada Life, is an insurance and financial services company with its headquarters in Winnipeg, Manitoba. The current company is the result of the 2020 Consolidation (business), amalgamation of T ...
(subsidiary of
Great-West Lifeco Great-West Lifeco Inc. is a Canadian insurance-centered financial holding company that operates in North America (Canada and United States), Europe and Asia through five wholly owned, regionally focused subsidiaries. Many of the companies it has ...
),
Sun Life Financial Sun Life Financial Inc. is a Canadian financial services company. It is primarily known as a life insurance company. Sun Life has a presence in investment management with over CAD$1.3 trillion in assets under management operating in a number o ...
, Desjardins, and
IA Financial Group iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. It is one of the biggest public companies in Canada. The parent company, iA Financial Corporation Inc., is a portfo ...
(aka Industrial Alliance). Smaller insurers include those operating as subsidiaries of
banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becaus ...
, such as CIBC Insurance and TD Insurance.


Current insurance carriers

* Allstate Canada — Canadian subsidiary of
Allstate The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook since 1967. Founded in 1931 as part of Sears, Roebuck and Co., it was spun off in 1993 but still partially owned by ...
(US). *
Assumption Life Assumption Mutual Life Insurance Company, operating as Assumption Life (french: Assomption Vie), is a Canadian life insurance and asset management company based in Moncton, New Brunswick. History The company was established in 1903 by Acadians ...
*
Assurant Assurant, Inc. is a global provider of risk management products and services with headquarters in New York City. Its businesses provide a diverse set of specialty, niche-market insurance products in the property, casualty, extended device pro ...
Canada *
Aviva Canada Aviva Canada Inc. is a Canadian property and casualty insurance company and a wholly owned subsidiary of the UK-based Aviva plc. It provides home, personal, automobile, recreational vehicle, group and business insurance to more than three million ...
*
Beneva La Capitale Financial Group Inc. was a Canadian business that provided insurance products and financial services in Quebec, Canada. The company was headquartered in Quebec City and mainly active in Quebec, though extending its services into Ontar ...
(created through merger of La Capitale and SSQ Insurance) * CAA Insurance Company *
Canadian Association of Blue Cross Plans The Canadian Association of Blue Cross Plans (CABCP; french: Association canadienne des Croix Bleue) is a federation of regional not-for-profit insurance providers in Canada. All providers that are members of CABCP, called "member plans", are ind ...
**
Alberta Blue Cross The Canadian Association of Blue Cross Plans (CABCP; french: Association canadienne des Croix Bleue) is a federation of regional not-for-profit insurance providers in Canada. All providers that are members of CABCP, called "member plans", are ...
**
Canassurance Hospital Service Association The Canassurance Hospital Service Association, also called Blue Cross Canassurance, is a not-for-profit health insurance provider in Canada. It is a member of the Canadian Association of Blue Cross Plans, operating in Ontario under the brand Ont ...
***
Ontario Blue Cross Ontario Blue Cross is a registered trademark in Health Insurance. It is owned by Canassurance Hospital Service Association, a member of the Canadian Association of Blue Cross Plans. History The Blue Cross name was introduced in ...
***
Quebec Blue Cross Québec Blue Cross is a registered trademark in Health Insurance. It is owned by Canassurance Hospital Service Association, a member of the Canadian Association of Blue Cross Plans. History The Blue Cross Plan was intro ...
**
Manitoba Blue Cross Manitoba Blue Cross is a not-for-profit health benefits provider headquartered in Winnipeg, Manitoba. History Affiliated with the Canadian Association of Blue Cross Plans The Canadian Association of Blue Cross Plans (CABCP; french: Association ...
**
Medavie Blue Cross Medavie Blue Cross (French: Croix Bleue Medavie) is a not-for-profit Canadian medical care insurance company headquartered in Moncton, New Brunswick. Affiliated with the Canadian Association of Blue Cross Plans, Medavie Blue Cross traces its hist ...
**
Pacific Blue Cross PBC Health Benefits Society, operating as Pacific Blue Cross, is a not-for-profit health insurance provider headquartered in Burnaby, British Columbia, Canada. History Affiliated with the Canadian Association of Blue Cross Plans The Canadian ...
**
Saskatchewan Blue Cross The Canadian Association of Blue Cross Plans (CABCP; french: Association canadienne des Croix Bleue) is a federation of regional not-for-profit insurance providers in Canada. All providers that are members of CABCP, called "member plans", are in ...
*Canadian Premier *Combined Insurance Canada — Canadian subsidiary of
Combined Insurance Combined Insurance is a global provider of supplemental insurance, including accident insurance, life insurance and critical care coverage. Combined Insurance operates in North America, Latin America, Europe and the Pacific. The company is headqua ...
(US). * The Co-operators Group **
Sovereign General Insurance Company The Sovereign General Insurance Company, operating as Sovereign Insurance, is a Canadian property and casualty insurance company specializing in commercial lines. They offer full-service branches across Canada, including Vancouver, Calgary, Winn ...
*
Desjardins Insurance Desjardins Insurance is the insurance unit of Desjardins Group, the largest association of credit unions in Canada. Desjardins Insurance has two principal subsidiaries: Desjardins Financial Security (life, health and retirement insurance produ ...
**
Desjardins Financial Security Desjardins Financial Security (DFS) is the life and health insurance arm of Desjardins Group, the leading financial institution in Quebec and the largest cooperative financial group in Canada. DFS registered a record-breaking revenue data in 20 ...
**
The Personal The Personal Insurance Company, operating as The Personal (french: La Personelle), is a Canadian insurance company which specializes in group insurance, primarily home insurance and vehicle insurance. The Personal is a subsidiary of Desjardins Gen ...
*
Economical Insurance Economical Insurance, founded in 1871, is a Canadian Property & Casualty insurance company, offering automobile, property, liability, agriculture, and surety insurance. Its executive offices are located in Waterloo, Ontario, with regional offic ...
* FaithLife Financial *
Foresters Financial The Independent Order of Foresters, operating as Foresters Financial, is a fraternal benefit society headquartered in Toronto, Ontario, Canada that provides life insurance and other financial solutions in Canada, the United Kingdom, and the United ...
** Canada Protection Plan *
Empire Life The Empire Life Insurance Company, operating as Empire Life (french: Empire Vie), is a Canadian life insurance and financial services company headquartered in Kingston, Ontario. It was incorporated in 1923 and is a subsidiary of E-L Financia ...
* Equitable Life of Canada * FaithLife Financial * Federated Insurance Company of Canada * Gore Mutual Insurance Company * Great American Insurance Company *
Great-West Lifeco Great-West Lifeco Inc. is a Canadian insurance-centered financial holding company that operates in North America (Canada and United States), Europe and Asia through five wholly owned, regionally focused subsidiaries. Many of the companies it has ...
, Inc. — insurance-centered financial
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
**
Canada Life The Canada Life Assurance Company, commonly known as Canada Life, is an insurance and financial services company with its headquarters in Winnipeg, Manitoba. The current company is the result of the 2020 Consolidation (business), amalgamation of T ...
*
Green Shield Canada Green Shield Canada (GSC) is a not-for-profit benefits carrier that provides drug, dental, extended health care, vision, hospital and travel benefits for groups and individuals, as well as administration services. GSC is incorporated under a Fede ...
* Humania *
IA Financial Group iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. It is one of the biggest public companies in Canada. The parent company, iA Financial Corporation Inc., is a portfo ...
*
Intact Financial Intact Financial Corporation is a Canadian multinational property and casualty insurance company. Originally established in 1809 as the Halifax Fire Insurance Association, it was later acquired by Nationale-Nederlanden and from 1993 to 2009 was ...
ONTARIO *
Knights of Columbus The Knights of Columbus (K of C) is a global Catholic fraternal service order founded by Michael J. McGivney on March 29, 1882. Membership is limited to practicing Catholic men. It is led by Patrick E. Kelly, the order's 14th Supreme Knight. ...
*
Manulife Manulife Financial Corporation (also known as Financière Manuvie in Quebec) is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulif ...
**
John Hancock Financial John Hancock Life Insurance Company, U.S.A. is a Boston-based insurance company. Established April 21, 1862, it was named in honor of John Hancock, a prominent American Patriot. In 2004, John Hancock was acquired by the Canadian multinational li ...
(based in the US) * Munich Re Canada * Primerica Canada — Canadian subsidiary of Primerica (US). *Reliable Life *
Sun Life Financial Sun Life Financial Inc. is a Canadian financial services company. It is primarily known as a life insurance company. Sun Life has a presence in investment management with over CAD$1.3 trillion in assets under management operating in a number o ...
*
Swiss Re Swiss Reinsurance Company Ltd,
Swiss Re. Retrieved on 18 January 2011. "Swiss Reinsurance Company Ltd ("Swiss Re") ...
* Teachers Life *UV Insurance (formerly the Union Life Mutual Assurance Company, or UL Mutual) * Wawanesa Insurance **Wawanesa Life *Wilton Re **ivari


Bank-affiliated carriers

* BMO Life *CIBC Insurance *
National Bank In banking, the term national bank carries several meanings: * a bank owned by the state * an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) * in the United States, an ordinary p ...
Insurance * RBC Insurance * Scotia Life * TD Insurance


Government-owned insurance companies

*
Insurance Corporation of British Columbia The Insurance Corporation of British Columbia (ICBC) is a provincial Crown corporation in British Columbia providing insurance. ICBC was created in 1973 by the NDP government of Premier Dave Barrett. By law, any vehicle registered and driven ...
*
Manitoba Public Insurance Manitoba Public Insurance Corporation (MPI; french: Société d'assurance publique du Manitoba) is the non-profit Crown corporation which administers public auto insurance, motor vehicle registration, and driver licensing in Manitoba. Establishe ...
*
Saskatchewan Government Insurance Saskatchewan Government Insurance (SGI) is a Canadian insurance company and a Crown corporation wholly owned by the Government of Saskatchewan. SGI's operations consist of the Saskatchewan Auto Fund, the compulsory public auto insurance program f ...
** Coachman Insurance Company * Société de l'assurance automobile du Québec


Consolidation of former insurance carriers


References

{{Reflist
Insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
Canadian Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...