LIFE INSURANCE COMPANIES

 

ONTARIO BUSINESS TOTAL COMPANY
FINANCIAL
SUMMARY
Year ended December 31, 2016
(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 26 8 215,350 161,263 54,087 5,505
ASSUMPTION MUTUAL LIFE INSURANCE COMPANY 34,262 19,117 1,645,512 1,523,704 121,808 7,780
CANASSURANCE INSURANCE COMPANY 4,620 1,804 186,282 165,512 20,770 27
DESJARDINS FINANCIAL SECURITY LIFE ASSURANCE COMPANY 849,279 625,395 36,707,938 33,684,979 3,022,959 379,217
EXCELLENCE LIFE INSURANCE COMPANY, THE 6,795 947 246,374 197,070 49,304 7,046
FIRST CANADIAN INSURANCE CORPORATION 24,330 2,872 563,905 341,425 222,480 16,651
HUMANIA ASSURANCE INC. 3,822 190 534,906 460,450 74,456 4,628
INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES INC. 1,379,893 919,636 57,049,687 52,285,316 4,764,371 553,715
LA CAPITALE INSURANCE AND FINANCIAL SERVICES INC. 199,655 99,490 1,652,436 1,457,160 195,276 15,298
LS-TRAVEL INSURANCE COMPANY 7,382 2,598 22,043 13,632 8,411 931
NATIONAL BANK LIFE INSURANCE COMPANY 11,567 2,869 216,956 86,499 130,457 50,099
SSQ, LIFE INSURANCE COMPANY INC. 244,656 178,303 11,373,856 10,582,132 791,724 77,591
TRANS GLOBAL LIFE INSURANCE COMPANY 1,095 37 7,165 1,623 5,542 520
UNION LIFE MUTUAL ASSURANCE COMPANY, THE 7,853 2,186 2,104,773 1,866,507 238,266 13,608
2,775,235 1,855,452 112,527,183 102,827,272 9,699,911 1,132,616
FEDERAL
ALLSTATE LIFE INSURANCE COMPANY OF CANADA 0 0 3,751 17 3,734 -1
ASSURANT LIFE OF CANADA 133,803 61,062 1,785,040 1,662,489 122,551 14,233
BLUE CROSS LIFE INSURANCE COMPANY OF CANADA 61,900 49,086 1,073,695 931,146 142,549 6,814
BMO LIFE ASSURANCE COMPANY 455,262 305,146 8,910,285 7,932,123 978,162 81,785
BMO LIFE INSURANCE COMPANY 22,381 3,789 8,943,684 8,029,915 913,769 92,816
CANADIAN PREMIER LIFE INSURANCE COMPANY 84,366 16,853 215,102 140,114 74,988 11,307
CHUBB LIFE INSURANCE COMPANY OF CANADA 109,911 31,626 142,891 103,809 39,082 8,336
CIBC LIFE INSURANCE COMPANY LIMITED 19,861 5,520 122,036 -91,188 213,224 10,178
CIGNA LIFE INSURANCE COMPANY OF CANADA 33,675 27,237 125,686 41,967 83,719 18,847
COMPCORP LIFE INSURANCE COMPANY 0 0 10,000 755 9,245 -64
CO-OPERATORS LIFE INSURANCE COMPANY 250,376 157,296 7,699,581 6,546,181 1,153,400 33,613
CUMIS LIFE INSURANCE COMPANY 60,707 24,580 1,292,922 1,021,811 271,111 14,451
FORESTERS LIFE INSURANCE COMPANY 80,087 70,894 1,569,353 1,356,433 212,920 13,603
IVARI 304,644 180,101 12,421,137 10,988,857 1,432,280 36,335
LA CAPITALE FINANCIAL SECURITY INSURANCE COMPANY 27,618 18,996 519,445 386,384 133,061 6,762
LONDON LIFE INSURANCE COMPANY 1,545,219 979,876 93,447,882 89,635,568 3,812,314 500,474
MD LIFE INSURANCE COMPANY 0 0 3,287,459 3,276,259 11,200 2,628
PRIMERICA LIFE INSURANCE COMPANY OF CANADA 146,191 68,421 3,586,245 3,196,181 390,064 63,911
RBC LIFE INSURANCE COMPANY 789,137 369,725 13,052,648 11,187,527 1,865,121 144,810
RELIABLE LIFE INSURANCE COMPANY 7,711 7,784 37,823 25,739 12,084 30
SCOTIA LIFE INSURANCE COMPANY 23,617 3,213 180,439 7,152 173,287 26,140
SUN LIFE ASSURANCE COMPANY OF CANADA 4,902,423 3,677,958 255,895,922 239,206,433 16,689,489 1,703,218
SUN LIFE INSURANCE (CANADA) LIMITED 33,495 21,692 19,395,141 17,694,867 1,700,274 181,637
TD LIFE INSURANCE COMPANY 58,597 20,585 206,493 143,524 62,969 3,664
THE CANADA LIFE ASSURANCE COMPANY 2,394,852 1,485,824 196,991,212 186,208,648 10,782,564 1,563,247
THE EMPIRE LIFE INSURANCE COMPANY 478,077 334,371 15,357,870 13,907,812 1,450,058 158,745
THE EQUITABLE LIFE INSURANCE COMPANY OF CANADA 346,656 204,064 3,700,091 3,122,839 577,252 79,959
THE GREAT-WEST LIFE ASSURANCE COMPANY 2,967,713 2,262,679 318,163,601 296,997,218 21,166,383 2,679,021
THE MANUFACTURERS LIFE INSURANCE COMPANY 5,018,540 4,149,779 730,095,778 682,346,471 47,749,307 3,597,340
THE WAWANESA LIFE INSURANCE COMPANY 26,358 18,922 1,147,586 995,365 152,221 1,893
VSP CANADA VISION CARE INSURANCE 93 108 9,517 640 8,877 -181
WESTERN LIFE ASSURANCE COMPANY 77,694 16,987 242,804 167,513 75,291 9,759
20,460,964 14,574,174 1,699,633,119 1,587,170,569 112,462,550 11,065,310
BRANCH
AETNA LIFE INSURANCE COMPANY 91 442 82,326 17,973 64,353 5,708
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA 16 35 69,869 28,777 41,092 -442
AMERICAN BANKERS LIFE ASSURANCE COMPANY OF FLORIDA 112,086 13,440 209,632 111,304 98,328 6,301
AMERICAN HEALTH AND LIFE INSURANCE COMPANY 4,016 798 35,403 11,433 23,970 3,406
AMERICAN INCOME LIFE INSURANCE COMPANY 36,124 7,757 351,951 111,900 240,051 65,208
AXA EQUITABLE LIFE INSURANCE COMPANY 33 61 74,680 19,579 55,101 7,563
COMBINED INSURANCE COMPANY OF AMERICA 41,079 17,419 840,982 299,619 541,363 84,914
CONNECTICUT GENERAL LIFE INSURANCE COMPANY 3,048 338 162,314 111,431 50,883 -409
GERBER LIFE INSURANCE COMPANY 1,592 420 46,838 30,674 16,164 1,323
HARTFORD LIFE INSURANCE COMPANY 0 0 7,147 2,115 5,032 260
JACKSON NATIONAL LIFE INSURANCE COMPANY 3 31 10,594 6,841 3,753 135
LIBERTY LIFE ASSURANCE COMPANY OF BOSTON 436 442 15,418 4,000 11,418 -361
LIFE INSURANCE COMPANY OF NORTH AMERICA 22,898 9,182 93,453 74,701 18,752 -22,304
METROPOLITAN LIFE INSURANCE COMPANY 0 0 108,705 1,141 107,564 651
NEW YORK LIFE INSURANCE COMPANY 35,539 9,825 504,191 146,286 357,905 2,558
PAVONIA LIFE INSURANCE COMPANY OF MICHIGAN 2,991 1,847 57,734 23,549 34,185 1,229
13 PHOENIX LIFE INSURANCE COMPANY 0 0 0 0 0 0
14 PRINCIPAL LIFE INSURANCE COMPANY 0 0 0 0 0 0
15 STATE FARM INTERNATIONAL LIFE INSURANCE COMPANY LTD 0 0 0 0 0 0
UNITED AMERICAN INSURANCE COMPANY 21 111 13,970 3,635 10,335 266
259,973 62,148 2,685,207 1,004,958 1,680,249 156,006
TOTAL 23,496,172 16,491,774 1,814,845,509 1,691,002,799 123,842,710 12,353,932