What are the biggest insurance companies in Canada?
Manulife is Canada’s largest insurance company, collecting almost $40 B in premiums yearly. Canada Life, Sun Life, Desjardins, and Industrial Alliance (iA) are also some of the biggest names in Canadian insurance.
Who has the most satisfied auto insurance customers in Canada?
Among all its branches in Canada, the Alberta, Atlantic, and Ontario regions have the most satisfied customers – giving the insurer five stars in JD Power’s 2019 Canada Auto Insurance Satisfaction Study. The Co-operators is a multi-line insurance and financial services co-operative that boasts $47.4 billion in assets under administration.
How has the Canadian insurance industry changed in recent years?
Across the world, insurance companies in recent years have combined with brokerage companies, banks, and other financial institutions to offer their customers a wider range of services. That is certainly the case for the Canadian insurance industry, which has experienced a number of acquisitions and mergers in recent years.