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Insurance Canada

Both life and health insurance play a significant role in Canadian insurance. Banks and other financial institutions have actively participated in the insurance business in the country, with the Office of the Superintendent of Financial Institutions acting as the regulatory body.
Statistics in 2003 stated that the total life insurance, including individual life and group life insurance, was at $ 2.484 billion.

Insurance Companies In Canada:

Leading insurance Companies in Canada including both life insurance and non-life insurance on the basis of their gross written premiums are as follows:

Major Life Insurance Companies:

  • Sun Life Insurance Canada
  • London Life Insurance
  • Great-West Life Insurance
  • Industrial Alliance
  • AIG Life Insurance
  • RBC Life Insurance

Major Non-Life Insurance Companies:

  • ING Insurance
  • Aviva Canada Insurance
  • Economical Ins Group
  • Royal & SunAlliance
  • Wawanesa Mutual
  • Meloche Monnex Group

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Last updated on : 16-Apr-2012 12:27 pm