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. [2]
Company | Established | Headquarters | Notes |
---|---|---|---|
Algoma Mutual Insurance Company | 1899 | Thessalon, Ontario | |
Allstate Canada | Canadian subsidiary of Allstate | ||
Amherst Island Mutual Insurance Company | 1894 | Stella, Ontario | |
Assumption Life | |||
Assurant Canada | |||
Aviva Canada | 1999 | Markham, Ontario | |
Axiom Mutual Insurance Company | 2021 | Zurich, Ontario | Created through the merger of Hay Mutual and Town and Country Mutual. |
Ayr Farmers' Mutual Insurance Company | 1893 | Ayr, Ontario | |
Bay of Quinte Mutual Insurance Co. | 1874 | Picton, Ontario | |
Beneva | 2020 | Quebec City, Quebec | Created through merger of La Capitale and SSQ Insurance |
Bertie and Clinton Mutual Insurance Company | 1970 | Welland, Ontario | Formed through the merger of Bertie and Willoughby Mutual and Clinton Mutual. |
Blanshard Mutual Insurance Company | 1876 | St Marys, Ontario | |
Brant Mutual Insurance Company | 1861 | Brantford, Ontario | |
CAA Insurance Company | 1974 | Markham, Ontario | Founded in Toronto as the Ontario Motor Insurance Company |
Canada Life | 1847 | Winnipeg, Manitoba | Founded in Toronto. Amalgamed in 2020 with Great-West Life and London Life under the ownership of Great-West Lifeco. Headquartered in Winnipeg at the former Great-West Life offices. |
Canada Protection Plan | 1992 | Toronto, Ontario | Subsidiary of Foresters Financial |
Canadian Association of Blue Cross Plans | |||
Canadian Premier [3] | 1916 | Toronto, Ontario | Operates under the brand name Securian Canada |
Caradoc Townsend Mutual | 2018 | Waterford, Ontario | Formed through the merger of Caradoc Delaware Mutual and Townsend Mutual. |
Cayuga Mutual Insurance Company | 1875 | Cayuga, Ontario | |
Combined Insurance Canada | Canadian subsidiary of Combined Insuranc | ||
Commonwell Mutual Insurance Group | 2014 | Lindsay, Ontario | Formed through the merger of the Farmers’ Mutual Insurance Company (Lindsay), Glengarry Mutual, and Lanark Mutual. |
The Co-operators Group | 1945 | Guelph, Ontario | Founded in Regina as the Co-operative Life Insurance Company. |
Desjardins Insurance | |||
Dufferin Mutual Insurance Company | 1895 | Shelbourne, Ontario | |
Economical Insurance | 1871 | Kitchener, Ontario | |
Edge Mutual Insurance Company | 1887 | Drayton, Ontario | Changed name from the Peel Maryborough Insurance Company in 2015. |
Empire Life | 1923 | Kingston, Ontario | |
Equitable Life Insurance Company of Canada | 1920 | Waterloo, Ontario | |
Erie Mutual Fire Insurance Company | 1871 | Dunnville, Ontario | |
Fenchurch General Insurance Company | 1981 | Toronto, Ontario | |
Federated Insurance Company of Canada | 1920 | Winnipeg, Manitoba | |
Foresters Financial | 1874 | Toronto, Ontario | |
Gore Mutual Insurance Company | 1839 | Galt, Ontario | |
Great American Insurance Company | |||
Green Shield Canada | 1957 | Windsor, Ontario | |
Grenville Mutual Insurance Company | 1892 | Kemptville, Ontario | |
HD Mutual Insurance | 2024 | Sheffield, Ontario | Formed through the merger of Halwell Mutual and Dumfries Mutual. |
Heartland Farm Mutual Inc. | 2016 | Waterloo, Ontario | Formed through the merger of North Waterloo Farmers Mutual and Oxford Mutual. |
Howick Mutual Insurance Company | 1873 | Wroxeter, Ontario | |
Humania [4] | |||
IA Financial Group | 1987 | Quebec City, Quebec | Formed through the merger of Alliance Nationale and Industrial Life. |
Intact Insurance | 1809 | Fire insurance company formed in Canada. Founded as the Nova Scotia Fire Insurance Association in 1809; incorporated as the Halifax Fire Insurance Company in 1819. Renamed the ING Insurance Company of Canada in 2002. Renamed the Intact Insurance Company in 2009. | |
Ivari | 1932 | Toronto, Ontario | |
Kent and Essex Mutual Insurance Company | 1888 | Chatham, Ontario | |
L&A Mutual Insurance Company | 1877 | Napanee, Ontario | Originally the Lennox and Addington Mutual Fire Insurance Company. |
Lambton Mutual Insurance Company | 1875 | Watford, Ontario | |
Maple Mutual Insurance Company | 1910 | Dresden, Ontario | |
Manulife | 1887 | Toronto, Ontario | |
Munich Re Canada | |||
North Blenheim Mutual Insurance Company | 1861 | Bright, Ontario | |
Peel Mutual Insurance Company | 1876 | Brampton, Ontario | |
The Personal Insurance Company | 1974 | Lévis, Quebec | Subsidiary of Desjardins |
Pilot Insurance Company | 1927 | Founded in Waterloo, Ontario as the Pilot Automobile and Accident Insurance Company. Acquired by the Standard Accident Insurance Company of Detroit in 1930. Now part of the Aviva group. | |
Primerica Canada | Canadian subsidiary of Primerica | ||
Quebec Assurance Company | 1816 | Toronto, Ontario | Second insurance company founded in Canada. Renamed the Quebec Assurance Company in 1963. Subsidiary of Intact Financial. |
Reliable Life | |||
Salus Mutual Insurance Company | 2023 | North Aylmer, Ontario | Formed through the merger of Howard Mutual and West Elgin Mutual. |
South Easthope Mutual Insurance Company | 1871 | Tavistock, Ontario | |
Sovereign General Insurance Company | 1953 | Toronto, Ontario | Subsidiary of the Co-operators |
Sun Life Financial | 1865 | Toronto, Ontario | |
Swiss Re | |||
Teachers Life | 1939 | ||
Tradition Mutual Insurance Company | 2002 | St Marys, Ontario | Formed through the merger of Blanshard Mutual and Downie Mutual. |
Trillium Mutual Insurance Company | 2004 | Listowel, Ontario | Formed through the merger of Formosa Mutual and Elma Mutual. |
UV Insurance | 1889 | Formerly the Union Life Mutual Assurance Company | |
Wawanesa Insurance | 1896 | Winnipeg, Manitoba | |
West Wawanosh Mutual Insurance Company | 1879 | Goderich, Ontario | |
Westminster Mutual Insurance Company | 1857 | Belmont, Ontario | |
Wilton Re | |||
Yarmouth Mutual Insurance Company | 1881 | St Thomas, Ontario |
Company | Established | Dissolved | Fate |
---|---|---|---|
Bertie and Willoughby Mutual | 1880 | 1970 | Merged with Clinton Mutual to form Bertie and Clinton Mutual |
Blanshard Mutual Insurance Company | 1876 | 2002 | Merged with Downie Mutual to form Tradition Mutual |
British America Assurance Company | 1833 | 1976 | Renamed the Royal Insurance Company of Canada in 1976 and the Royal & Sun Alliance Insurance Company of Canada (RSA) in 1996. Acquired by Intact in 2021. |
Caradoc Delaware Mutual Insurance Company | 1884 | 2018 | Merged with Townsend Mutual to form Caradoc Townsend Mutual. |
Central Fire Insurance Company of New Brunswick | 1836 | ||
Clinton Mutual Fire Insurance Company | 1898 | 1970 | Merged with Bertie and Willoughby Mutual to form Bertie and Clinton Mutual |
Commercial Union Life Assurance | 2001 | Manulife | |
Confederation Life Assurance Company | 1871 | 1995 | Acquired by Manulife and Maritime Life after bankruptcy |
Crown Life Assurance Company | 1900 | 1998 | Canada Life Assurance |
Dominion Life Assurance Company | 1889 | 1985 | Manulife |
Dominion of Canada General Insurance Company | 1887 | 2013 | The Travelers Companies |
Downie Mutual Insurance Company | 1884 | 2002 | Merged with Blanshard Mutual to form Tradition Mutual |
Dumfries Mutual Fire Insurance Company | 1856 | 2024 | Merged with Halwell Mutual to form HD Mutual. |
Dunwich Farmers' Mutual Fire Insurance Company | 1880 | 1979 | Merged with Southwold Farmers Mutual Fire Insurance to form West Elgin Mutual. |
East Williams Mutual Insurance Company | 1875 | 2001 | Merged with Ekfrid Mutual and Lobo Mutual to form Town and Country Mutual. |
Eaton Life Insurance | 1920 | 1986 | Originally the T. Eaton Life Assurance Company. Acquired in 1986 by Laurentian Life as part of the purchase of Eaton Financial. |
Ekfrid Mutual Insurance Company | 1891 | 2001 | Merged with Lobo Mutual and East Williams Mutual to form Town and Country Mutual. |
Elma Mutual Insurance Company | 1884 | 2004 | Merged with Formosa Mutual to form Trillium Mutual. |
Eramosa Mutual Fire Insurance Company | 1861 | 1968 | Merged with Halton Mutual and Puslinch Mutual to form Halwell Mutual. |
Excelsior Life Insurance Company | 1889 | 1999 | Purchased in 1960 by Aetna; changed name to Aetna Life Insurance Company of Canada in 1989. Acquired by Maritime Life in 1999. |
Family Life Assurance Company | 1963 | Merged into Sovereign Life. | |
Farmers' Mutual Insurance Company (Lindsay) | 1895 | 2014 | Merged with Glengarry Mutual and Lanark Mutual to form Commonwell Mutual. |
Federal Life Assurance Company | 1882 | 1915 | Acquired by Sun Life. |
Formosa Mutual Insurance Company | 1880 | 2004 | Merged with Elma Mutual to form Trillium Mutual. |
Glengarry Mutual Insurance Company | 1895 | 2014 | Merged with Farmers’ Mutual Insurance Company (Lindsay) and Lanark Mutual Insurance Company to form Commonwell Mutual. |
Great-West Life Assurance Company | 1891 | 2020 | Merged with Canada Life and London Life using the Canada Life name, under the ownership of Great-West Lifeco. |
Grey & Bruce Mutual Insurance Company | 1878 | 2014 | Merged into Howick Mutual. |
Halton Mutual Fire Insurance Company | 1890 | 1968 | Merged with the Puslinch Mutual and Eramosa Mutual to form Halwall Mutual. |
Halwell Mutual Insurance Company | 1968 | 2024 | Formed through the merger of the Puslinch Mutual, Eramosa Mutual, and the Halton Mutual. Merged with Dumfries Mutual to form HD Mutual. |
Hartford Steam Boiler Inspection and Insurance Company | Munich Re | ||
Hay Mutual Insurance Company | 1875 | 2021 | Merged with Town and Country Mutual to form Axiom Mutual. |
Home District Mutual Fire Insurance Company | 1837 | ||
Howard Mutual Insurance Company | 1892 | 2023 | Merged with West Elgin Mutual to form Salus Mutual. |
Imperial Life Assurance Company | 1896 | 2001 | Acquired by Desjardins in 1994, merged operations in 2001. |
Kings Mutual Insurance Company | 1904 | 2021 | Acquired by Heartland Farm Mutual. |
La Capitale | Merged with SSQ Insurance to form Beneva | ||
Lanark Mutual Insurance Company | 1896 | 2014 | Merged with Farmers’ Mutual Insurance Company (Lindsay) and Glengarry Mutual Insurance Company to form the Commonwell Mutual. |
Laurentian Life | 1993 | Imperial Life | |
Laurier Life Insurance Company | 1966 | 1998 | Merged into Imperial Life |
Liberty Health | 2003 | Maritime Life | |
Lobo Mutual Insurance Company | 1882 | 2001 | Merged with Ekfrid Mutual and East Williams Mutual to form Town and Country Mutual. |
London Life Insurance Company | 1874 | 2020 | Merged with Canada Life and Great-West Life using the Canada Life name, under the ownership of Great-West Lifeco. |
Maritime Life Assurance Company | 1922 | 2004 | Manulife |
Mercantile Fire Insurance | 1875 | 1896 | Acquired by London and Lancashire Insurance |
Merchants Casualty Insurance Company | 1924 | 1936 | Acquired by Economical Insurance |
Monarch Life Assurance Company | 1904 | 1983 | Acquired by North American Life. |
Montreal Fire Insurance Company | 1818 | 1820 | Third insurance company founded in Canada. Failed in 1820. |
Montreal Life Insurance Company | 1908 | 1986 | Founded as the Travellers Life Assurance Company of Canada; name changed in 1924. Merged into Empire Life. |
Mutual Life Assurance Company | 1868 | 2002 | Renamed Clarica Life in 2000. Acquired by Sun Life in 2002. |
National Life Assurance Company of Canada | 1897 | 2005 | Merged into Industrial Alliance Insurance |
North American Life Assurance Company | 1881 | 1995 | Manulife |
North Waterloo Farmers Mutual | 1874 | 2016 | Merged with Oxford Mutual to form Heartland Farm Mutual |
North West Life Assurance Company of Canada | 1966 | 2000 | Became the Industrial-Alliance Pacific Life Insurance Company. |
Northern Life Assurance Company of Canada | 1894 | 1986 | Acquired by the Inland Financial Company. Individual operations integrated into Sovereign Life, group operations sold to Constellation Assurance. |
Ontario Blue Cross | 1995 | Liberty Health | |
Oxford Mutual Insurance Company | 1878 | 2016 | Merged with North Waterloo Farmers Mutual to form Heartland Farm Mutual |
Pictou County Farmers Mutual Fire Insurance Company | 1904 | 2016 | Merged into Kings Mutual |
Puslinch Mutual Fire Insurance Company | 1859 | 1968 | Merged with Eramosa Mutual and Halton Mutual to form Halwell Mutual. |
Quebec Fire Assurance Company | 1816 | ? | Canada's second insurance company, after the Halifax Fire Insurance Company. |
Queen City Fire Insurance Company | 1871 | 1960 | Liquidated? |
Southwold Farmers Mutual Fire Insurance Company | 1878 | 1979 | Merged with Dunwich Mutual to form West Elgin Mutual. |
SSQ Insurance | Merged with La Capitale to create Beneva | ||
State Farm | 2014 | Desjardins Financial Security | |
Toronto Mutual Life Insurance Company | 1934 | 2002 | Founded as the Ancient Foresters’ Mutual Life Insurance Company. Changed name in 1939. Merged with Western Life to form Unity Life of Canada (now Foresters Life). |
Town and Country Mutual Insurance Company | 2001 | 2021 | Formed through the merger of Lobo Mutual, Ekfrid Mutual and East Williams Mutual. Merged with Hay Mutual to form Axiom Mutual. |
Townsend Mutual Insurance Company | 1879 | 2018 | Merged with Caradoc Delaware Mutual to form Caradoc Townsend Mutual. |
United Investment Life Assurance Company | Merged into Sovereign Life. | ||
UnumProvident | 2004 | RBC Insurance | |
Waterloo Mutual Insurance Company | 1863 | 1980 | Acquired by Economical Insurance |
Wellington Insurance Company | 1840 | 2002 | Merged into the ING Insurance Company of Canada. |
West Elgin Mutual Insurance Company | 1880 | 2023 | Formed through the merger of Dunwich Mutual and Southwold Farmers Mutual. Merged with Howard Mutual to form Salus Mutual. |
Westbury Canadian Life | 2004 | RBC Insurance | |
Western Assurance Company | 1851 | 2025 | Merged into Intact Insurance. |
Western Life Assurance Company [5] | 2002 | Merged with Toronto Mutual Life to form Unity Life of Canada (now Foresters Life). | |
Western Union Insurance Company | 1940 | 2003 | Merged into the ING Insurance Company of Canada. |
Westmount Life Insurance Company | 1962 | Merged into Sovereign Life. | |
Zurich Life Insurance of Canada | 2001 | Manulife |
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