LIFE INSURANCE COMPANIES

 

ONTARIO BUSINESS TOTAL COMPANY
FINANCIAL
SUMMARY
Year ended December 31, 2017
(in thousands)
Direct Written
Premiums 
Benefits and
Payments to
Policyholders
Total
Assets
Total
Liabilities
Excess of Assets
over
Liabilities
Net
Income / Loss
notes Name $ $ $ $ $ $
EXTRA PROVINCIAL
ACADIA LIFE 28 2 219,070 174,161 44,909 6,780
ASSUMPTION MUTUAL LIFE INSURANCE COMPANY 40,533 15,894 1,777,660 1,648,565 129,095 7,749
CANASSURANCE INSURANCE COMPANY 4,732 3,037 159,589 142,417 17,172 (3,416)
DESJARDINS FINANCIAL SECURITY LIFE ASSURANCE COMPANY 946,770 676,843 40,010,187 36,854,221 3,155,966 610,534
EXCELLENCE LIFE INSURANCE COMPANY, THE 9,048 1,486 265,540 209,182 56,358 7,815
FIRST CANADIAN INSURANCE CORPORATION 29,033 0 697,125 440,757 256,368 12,970
HUMANIA ASSURANCE INC. 4,886 1,788 595,383 517,697 77,686 4,963
INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES INC. 1,486,785 1,029,472 61,906,374 56,770,408 5,135,966 531,524
LA CAPITALE INSURANCE AND FINANCIAL SERVICES INC. 192,228 97,664 1,963,287 1,749,010 214,277 23,866
LS-TRAVEL INSURANCE COMPANY 7,982 4,579 21,621 12,965 8,656 235
NATIONAL BANK LIFE INSURANCE COMPANY 12,270 3,230 198,918 86,500 112,418 49,446
SSQ, LIFE INSURANCE COMPANY INC. 47,077 21,777 2,135,198 1,873,101 262,097 16,061
TRANS GLOBAL LIFE INSURANCE COMPANY 2,056 28 8,021 2,219 5,802 435
13 UNION LIFE MUTUAL ASSURANCE COMPANY, THE 0 0 0 0 0 0
2,783,428 1,855,800 109,957,973 100,481,203 9,476,770 1,268,962
FEDERAL
ALLSTATE LIFE INSURANCE COMPANY OF CANADA 0 0 3,689 14 3,675 (8)
ASSURANT LIFE OF CANADA 136,214 65,948 1,959,520 1,823,263 136,257 20,706
BLUE CROSS LIFE INSURANCE COMPANY OF CANADA 32,448 45,460 1,186,843 1,027,889 158,954 8,811
BMO LIFE ASSURANCE COMPANY 574,985 309,733 9,809,897 8,669,076 1,140,821 229,136
BMO LIFE INSURANCE COMPANY 49,143 4,848 9,838,013 8,764,114 1,073,899 236,796
CANADIAN PREMIER LIFE INSURANCE COMPANY 85,205 14,639 223,350 148,871 74,479 1,668
CHUBB LIFE INSURANCE COMPANY OF CANADA 123,248 40,365 168,880 120,564 48,316 9,955
CIBC LIFE INSURANCE COMPANY LIMITED 19,600 3,720 135,221 (88,516) 223,737 11,324
CIGNA LIFE INSURANCE COMPANY OF CANADA 26,095 25,506 132,011 43,627 88,384 4,904
COMPCORP LIFE INSURANCE COMPANY 0 0 10,000 825 9,175 (70)
CO-OPERATORS LIFE INSURANCE COMPANY 262,760 156,626 7,846,605 6,578,141 1,268,464 59,538
CUMIS LIFE INSURANCE COMPANY 58,850 24,355 1,352,858 1,052,130 300,728 27,597
FORESTERS LIFE INSURANCE COMPANY 88,947 86,839 1,602,669 1,334,136 268,533 36,362
IVARI 318,025 197,061 12,169,006 10,934,788 1,234,218 65,780
14 LA CAPITALE FINANCIAL SECURITY INSURANCE COMPANY 0 0 0 0 0 0
LONDON LIFE INSURANCE COMPANY 1,642,400 930,393 98,478,125 94,431,753 4,046,372 391,156
MD LIFE INSURANCE COMPANY 0 0 3,081,150 3,071,925 9,225 2,575
PRIMERICA LIFE INSURANCE COMPANY OF CANADA 151,431 67,507 3,808,269 3,365,226 443,043 81,775
RBC LIFE INSURANCE COMPANY 803,319 412,354 14,061,861 12,049,641 2,012,220 164,024
RELIABLE LIFE INSURANCE COMPANY 6,912 5,533 25,864 17,536 8,328 244
SCOTIA LIFE INSURANCE COMPANY 23,753 4,329 187,827 (16,423) 204,250 28,103
SUN LIFE ASSURANCE COMPANY OF CANADA 5,659,036 3,822,251 265,922,150 248,984,021 16,938,129 1,578,514
SUN LIFE INSURANCE (CANADA) LIMITED 19,184 22,609 20,227,687 18,348,246 1,879,441 175,403
TD LIFE INSURANCE COMPANY 61,186 20,930 209,198 143,002 66,196 3,843
THE CANADA LIFE ASSURANCE COMPANY 2,251,579 1,456,058 212,683,729 200,727,251 11,956,478 1,660,125
THE EMPIRE LIFE INSURANCE COMPANY 450,624 319,719 16,746,749 15,026,168 1,720,581 178,505
THE EQUITABLE LIFE INSURANCE COMPANY OF CANADA 402,173 208,570 4,107,583 3,421,841 685,742 106,093
THE GREAT-WEST LIFE ASSURANCE COMPANY 3,101,603 2,291,255 341,365,250 318,810,996 22,554,254 2,473,965
THE MANUFACTURERS LIFE INSURANCE COMPANY 4,747,146 4,107,980 729,677,722 680,183,356 49,494,366 2,661,515
THE WAWANESA LIFE INSURANCE COMPANY 27,012 27,257 1,530,302 1,258,520 271,782 (639)
VSP CANADA VISION CARE INSURANCE 0 2 9,471 637 8,834 (43)
WESTERN LIFE ASSURANCE COMPANY 55,014 12,540 279,708 216,326 63,382 (5,292)
21,177,892 14,684,387 1,758,841,207 1,640,448,944 118,392,263 10,212,365
BRANCH
AETNA LIFE INSURANCE COMPANY 125 493 81,968 14,869 67,099 3,994
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA 13 102 47,030 25,637 21,393 290
AMERICAN BANKERS LIFE ASSURANCE COMPANY OF FLORIDA 133,893 15,329 217,126 112,648 104,478 6,190
AMERICAN HEALTH AND LIFE INSURANCE COMPANY 4,690 1,029 38,404 11,852 26,552 2,976
AMERICAN INCOME LIFE INSURANCE COMPANY 39,408 8,121 393,278 107,254 286,024 64,490
AXA EQUITABLE LIFE INSURANCE COMPANY 32 48 73,955 19,486 54,469 653
COMBINED INSURANCE COMPANY OF AMERICA 43,661 18,981 841,439 230,043 611,396 76,554
CONNECTICUT GENERAL LIFE INSURANCE COMPANY 2,097 1,039 157,613 105,904 51,709 (2,082)
GERBER LIFE INSURANCE COMPANY 1,576 363 50,343 35,504 14,839 (1,185)
HARTFORD LIFE INSURANCE COMPANY 0 0 6,647 1,019 5,628 644
JACKSON NATIONAL LIFE INSURANCE COMPANY 2 13 9,260 6,556 2,704 77
LIBERTY LIFE ASSURANCE COMPANY OF BOSTON 485 602 14,626 4,553 10,073 (1,081)
LIFE INSURANCE COMPANY OF NORTH AMERICA 32,555 12,520 203,588 109,319 94,269 (13,616)
METROPOLITAN LIFE INSURANCE COMPANY 0 0 108,516 1,802 106,714 407
NEW YORK LIFE INSURANCE COMPANY 36,451 9,513 496,982 143,221 353,761 (2,086)
PAVONIA LIFE INSURANCE COMPANY OF MICHIGAN 2,324 866 58,006 17,928 40,078 2,748
15 PHOENIX LIFE INSURANCE COMPANY 0 0 0 0 0 0
16 PRINCIPAL LIFE INSURANCE COMPANY 0 0 0 0 0 0
17 STATE FARM INTERNATIONAL LIFE INSURANCE COMPANY LTD 0 0 0 0 0 0
UNITED AMERICAN INSURANCE COMPANY 128 218 14,082 3,443 10,639 248
297,440 69,237 2,812,863 951,038 1,861,825 139,221
TOTAL 24,258,760 16,609,424 1,871,612,043 1,741,881,185 129,730,858 11,620,548