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What are the largest P&C insurance companies in Canada?

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What are the largest P&C insurance companies in Canada?

As of my last knowledge update in January 2024, the largest property and casualty (P&C) insurance companies in Canada were based on market share and overall industry presence. Keep in mind that rankings and market shares may change over time. Here are some of the largest P&C insurance companies in Canada:

  1. Intact Financial Corporation: Intact is one of the leading providers of P&C insurance in Canada. It offers a range of products, including home, auto, and business insurance.

  2. Desjardins General Insurance Group (DGIG): DGIG is part of the Desjardins Group and is one of the largest providers of P&C insurance in Canada. It offers various insurance products, including auto, home, and commercial insurance.

  3. Aviva Canada: Aviva is a global insurance company with a significant presence in Canada. It provides a wide range of P&C insurance products to individuals and businesses.

  4. The Co-operators Group: The Co-operators is a Canadian cooperative that offers P&C insurance, life insurance, and investment products. It has a strong presence in the cooperative and credit union sectors.

  5. RSA Canada: RSA is a multinational insurance company with operations in Canada. It provides P&C insurance solutions for individuals and businesses.

  6. TD Insurance: TD Insurance is a subsidiary of TD Bank Group and offers a variety of P&C insurance products, including home and auto insurance.

  7. Wawanesa Mutual Insurance Company: Wawanesa is a mutual insurance company that provides P&C insurance products, including auto, home, and business insurance.

  8. Economical Insurance: Economical is one of the largest P&C insurance companies in Canada, offering a range of insurance products for individuals, businesses, and farms.

  9. Northbridge Financial Corporation: Northbridge provides commercial and business insurance solutions across Canada. It specializes in commercial property and casualty insurance.

  10. Travelers Canada: Travelers is a global insurance company with a presence in Canada. It offers a range of P&C insurance products for individuals and businesses.

Please note that the rankings and market shares of these companies may have changed since my last update. For the most current information, you may refer to industry reports, financial statements, or consult reputable sources in the insurance industry.

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