Insurance Company Ranking Canada
The company s gross premiums written amounted to eur 76 billion in last financial year.
Insurance company ranking canada. 6 sun life financial is a global financial services company with. The company provides property casualty insurance life health insurance asset management traditional and structured reinsurance and other services. Power financial corporation is the second largest insurer in canada with assets of over c 400 billion. With 142 000 employees it serves almost 90.
With over 86 million customers in 70 countries it is a global leader in property and casualty insurance life and health insurance travel insurance credit insurance corporate insurance and asset management. Manulife is the largest insurance company in canada and one of the largest life insurers in the world. Manulife financial is the largest insurance company in canada the second largest in north america and the world s fifth largest. Allianz group founded in 1890 is the largest insurer in the world with assets of us 1 06 trillion.
Great west lifeco inc headquartered in winnipeg is the second largest insurance company in. Below is our annual ranking of the world s largest insurance companies in terms of total assets. The company s insurance subsidiaries include. The company s shares are traded on the toronto hong kong and new york stock exchanges with a market capitalization of us 26 billion as of june 30 2020.
Check out our latest infographic on the top 10 life insurance companies based on revenue. Sun life financial inc. Intact group is once again the largest property casualty insurance company in canada representing 14 4 of the market and writing 8 6 billion in direct premiums 2 2 billion more than its. Slf ranks as a major life insurance company in canada reporting 30 billion in net income in 2019.
Although its global head office is located in toronto ontario manulife has worldwide operations most notably in the united states through its subsidiary john hancock insurance and in 19 unique asian countries and territories. Allianz group based in germany is the world s largest insurance company in terms of assets. Posted on january 6 2015 and updated december 4 2018 in canadian life insurance companies infographics life insurance canada news 1 min read. Mfc power financial tse.
The five biggest canadian insurance companies are manulife financial corp. Manulife financial manufacturers life insurance company is a major canadian insurance company and financial services provider. The top 10 life insurance companies in canada. Here is a list of the top insurance companies in canada ranked by assets.
Slf fairfax financial tse. Following list shows the top 30 insurance companies in canada in terms of total assets. Notably the top three are great west life manulife and sun life financial making over 40 million dollars.
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