Life Insurance Companies In Canada Ranking
Pacific life scored highest in our rankings thanks to a substantial portion of its cash value life insurance products scoring 5 stars from veralytic and 85 of its products scoring 4 stars or.
Life insurance companies in canada ranking. Aig insurance company of canada. Economical mutual insurance company. Blue cross life insurance company of canada. Desjardins group counts as one of the biggest financial institutions in all of canada with its total asset holding standing at cad 295 5 billion last year.
Best canada life is one of the most stable life insurance companies in canada. Wawanesa mutual insurance company 5 7 977. Assumption life is one of the very few mutual companies i e. Genworth mi canada inc.
Primerica life insurance company of canada. The top life insurers in canada include great west lifeco manulife sun life ia financial and empire life insurance company. Great west lifeco is the second largest insurer in canada by assets and the largest by gross premiums written. Three canadian life and health insurance companies are among the world s 20 largest life insurers.
American bankers life assurance company of florida. Sun life financial inc. Equitable life insurance company of canada. Assumption life founded in 1903 is a moncton based mid size life and living benefits provider.
6 sun life financial is a global financial services company with. Intact desjardins aviva co operators and td insurance are the leading property casualty and car insurance companies in canada. Manulife financial is the largest life insurance company in canada with total revenue of 79 6. Owned by the policyholders with a good product mix of life critical illness group benefits and investment products.
The company s strong capitalization and diverse insurance offerings make it a provider of choice to millions of canadian life insurance consumers and businesses alike. The top 10 canadian insurers hold combined total assets of about c 2 0 trillion. Chubb insurance company of canada. Foresters life insurance company.
Ace ina life insurance. Assurant life of canada. Canadian premier life insurance company. Royal sun alliance insurance co.
Ssq and la capitale s merger will make them the 6th largest life insurer in the country. Slf ranks as a major life insurance company in canada reporting 30 billion in net income in 2019. The life insurance company reviews for canadian businesses often rank this company as an essential part of the discussion.