What are the top insurance companies in Canada?
This is a list of Canadian insurance companies . The top insurance providers in Canada are Manulife, Canada Life (subsidiary of Great-West Lifeco ), Sun Life Financial, Desjardins, and IA Financial Group (aka Industrial Alliance). [1] [2] Smaller insurers include those operating as subsidiaries of banks, such as CIBC Insurance and TD Insurance.
Who are the Canadian life insurers?
A number of Canadian life insurers are part of the global operations of foreign financial institutions. The Canadian life and health insurance industry provides a wide range of products including individual and group life insurance, individual and group annuities, and supplementary health insurance.
What is the second largest insurance company in Canada?
Great-West Lifeco, Inc., the second-largest insurer, operates as a holding company for six subsidiaries. Sun Life Financial, based in Toronto, is one of the oldest insurance providers, having been established in 1865. 1. Manulife Financial Corp. Manulife Financial (MFC) is the largest insurance provider in Canada and also offers financial services.