Canadian Underwriter Statistical Issue 2015 by Annex Business Media

2015 STATISTICAL ISSUE

C A N A D A’ S I N S U R A N C E A N D R I S K M A G A Z I N E . C A N A D I A N U N D E R W R I T E R . C A

2015 STATISTICAL ISSUE ’Round N ’ Round By GlENN McGIllIvRAy

JU N E 2 0 1 5 A Business Information Group Publication #40069240

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VOL. VOL. 81, 81, NO. NO. 2, 2, FEBRUARY FEBRUARY 2014 2014

Canadian Canadian Underwriter’s Underwriter’s Insurance Insurance Media Media Group Group is is committed committed

VOL. VOL. 81, 81, NO. NO. 2, 2, FEBRUARY FEBRUARY 2014 2014 PROFILE PROFILE

to to providing providing the the most most timely timely and and relevant relevant news, news, information information

PROFILE PROFILE

Editor Editor

Senior Senior Publisher Publisher

Angela Wilson Angela Stelmakowich Steve Wilson and to insurance from all and resources resources toStelmakowich insurance professionals professionalsSteve from all segments segments of of Editor Senior Publisher Editor Senior Publisher

VOL. 82, NO. 6, JUNE 2015

astelmakowich@canadianunderwriter.ca steve@canadianunderwriter.ca astelmakowich@canadianunderwriter.ca steve@canadianunderwriter.ca Angela Steve Wilson Angela Stelmakowich Stelmakowich Steve Wilson Editor Art Director (416) 510-6793 Twitter: @InsuranceMedia (416) 510-6793 marketers Twitter: @InsuranceMedia the providing with a range of the industry, industry, providing marketers with a range of specialized specialized astelmakowich@canadianunderwriter.ca steve@canadianunderwriter.ca astelmakowich@canadianunderwriter.ca steve@canadianunderwriter.ca Cathy Donaghy Sandy MacIsaac (416) 510-6800 (416) 510-6800 (416) 510-6793 Twitter: @InsuranceMedia (416) 510-6793 Associate Editor cathy@canadianunderwriter.ca Twitter: @InsuranceMedia Associate Editor and marketing opportunities. Index To Company Tables 6, 8 effective and highly highly effective marketing communications communications opportunities. (416) Production Manager (416) 510-6800 Greg Meckbach (416) 510-6800 Art Director Greg510-6840 Meckbach Art Director Associate Associate Editor Editor Gary White Index To Reinsurance Companies 10 gmeckbach@canadianunderwriter.ca Gerald Heydens gmeckbach@canadianunderwriter.ca Gerald Heydens Greg Art Director Greg Meckbach Meckbach Art(416) Director Associate Publisher 510-6760 Twitter: @CU_Greg Twitter: @CU_Greg Editorial Summary 16 gmeckbach@canadianunderwriter.ca Gerald Heydens gmeckbach@canadianunderwriter.ca Gerald Heydens Art Consultation Art Consultation Paul Aquino (416) (416) 510-6796 510-6796 Twitter: @CU_Greg Twitter: @CU_Greg paul@canadianunderwriter.ca Subscriptions/Customer Service Sascha Hass Sascha Hass How The Private Companies Rank (Total Business) N.P.W. 30, 32 Art Consultation ArtBona Consultation Twitter: @InsuranceCanuk Lao (416) (416) 510-6796 510-6796 Online Editor Online Editor Sascha Hass Canadian Insurance Media Sascha Hass Production Manager Canadian Underwriter’s Underwriter’s Insurance Media Group Group isis committed committed Production Manager Companies Total Business N.P.W. By Company Name 34 Harmeet (416) 510-6788 blao@annexnewcom.ca Singh Harmeet Singh Online Online Editor Editor Gary White Gary White to providing the most timely and relevant news, information (416) 442-5600, Ext. 3552 to providing the mostProduction timely andManager relevant news, information hsingh@canadianunderwriter.ca Production Manager How The Private Companies Rank (Property) N.P.W. 36 hsingh@canadianunderwriter.ca Harmeet Singh Harmeet Singh (416) 510-6760 (416)professionals 510-6760 from Account Manager and resources resources to to insurance insurance professionals from all all segments segments of of Twitter: Gary White Twitter: @CU_Harmeet @CU_Harmeet and Gary White hsingh@canadianunderwriter.ca hsingh@canadianunderwriter.ca Michael Wells Circulation Manager How The Private Companies Rank (Automobile) N.P.W. 38 (416) 442-5600 ext. 3652 the industry, marketers with of (416) 510-6760 (416) 442-5600 ext. 3652 the industry, providing providing marketers with aa range rangeService of specialized specialized (416) 510-6760 Subscriptions/Customer National Subscriptions/Customer Service National michael@canadianunderwriter.ca Mary Garufi Twitter: Twitter: @CU_Harmeet @CU_Harmeet Gail Page 2014 Underwriting Results Table — General Companies 40, 42, 43 Associate Gail Page and highly communications opportunities. andClaims highly effective effective marketing marketing communications opportunities. (416) mgarufi@annexnewcom.ca (416) 442-5600 ext. Claims (416)510-5122 442-5600 ext. 3652 3652 Publisher Subscriptions/Customer Service Associate Publisher Subscriptions/Customer Service 14 14 Leading Leadingby byExample Example gpage@bizinfogroup.ca gpage@bizinfogroup.ca (416) 442-5600, Ext. 3545 Gail Paul Aquino Aquino Total Direct Written Business — By Province 44, 46, 47 Paul Gail Page Page Manual Manual Associate Publisher Associate Publisher James Cameron, president (416) James Cameron, president of of (416) 510-5187 510-5187 Account Manager 14 by 14 Leading Leading byExample Example paul@canadianunderwriter.ca gpage@bizinfogroup.ca paul@canadianunderwriter.ca gpage@bizinfogroup.ca InsuranceMarketer.com Direct Written Auto — By Province 48, 50 Paul Paul Aquino Aquino Christine Giovis Print InsuranceMarketer.com Production Manager Cameron & Associates Cameron & Associates Twitter: @InsuranceCanuk James (416) 510-5187 Twitter: @InsuranceCanuk James Cameron, Cameron, president president of of (416) 510-5187 Circulation Manager Circulation Manager christine@canadianunderwriter.ca Phyllis Wright paul@canadianunderwriter.ca paul@canadianunderwriter.ca Insurance Consultants Limited, Insurance Consultants Limited, Five Year & Record By Classes 53 (416) 510-6788 (416)510-5114 510-6788 Cameron Mary Cameron & Associates Associates Mary Garufi Garufi (416) Twitter: @InsuranceCanuk Twitter: @InsuranceCanuk Circulation Circulation Manager Manager was recognized by was recognized by the the CIP CIP mgarufi@bizinfogroup.ca mgarufi@bizinfogroup.ca Insurance Consultants Insurance Consultants Limited, President National National 2014 Reinsurance Results Limited, Table 54 Account (416) (416) 510-6788 510-6788 Manager Mary Garufi Account Manager Mary Garufi industry’s the theinsurance insurance industry’ssocial socialnetwork network Society when he received its Society when he received its Claims (416) Claims ext. (416) 442-5600 ext. 3545 3545 Account Manager Jim 442-5600 Glionna was was recognized recognized by by the the CIP CIP mgarufi@bizinfogroup.ca Michael Wells Wells mgarufi@bizinfogroup.ca Direct WrittenLeader PropertyAward. — By Province 56, 58 Michael Manual Manual Established Account Manager Established Leader Award. Account Manager Elliot Ford Society Society when when he he received received its its InsuranceMarketer.com michael@canadianunderwriter.ca InsuranceMarketer.com (416) 442-5600 ext. 3545 michael@canadianunderwriter.ca (416) 442-5600 ext. 3545 Print Print Production Manager eford@canadianunderwriter.ca ViceProduction President &Manager General Manager Michael Michael Wells Wells BY ANGELA STELMAKOWICH BY2014 ANGELA STELMAKOWICH Underwriting Profit Producers 59 (416) Established Leader Award. Established Leader Award. 510-5122 (416) 510-5122 Phyllis Wright Phyllis Wright (416) 510-5117 JoeProduction Glionna Manager michael@canadianunderwriter.ca michael@canadianunderwriter.ca Print Print Production Manager BY ANGELA STELMAKOWICH BY2014 ANGELA STELMAKOWICH the INSURANCE theinsurance insuranceindustry’s industry’ssocial socialnetwork network the insurance industry’s social network Underwriting Loss Producers 59INSURANCE (416) (416) 510-5122 510-5122 Account Manager Phyllis Account Manager Phyllis Wright Wright President President DIRECTORY Senior Publisher DIRECTORY Elliot Ford Elliot Ford 2014 Total Insurance In Canada By Nationality Of Company 68 Account Bruce Creighton Creighton insBlogs insBlogs Bruce Manager Account Manager Steve Wilson President President INSURANCE eford@canadianunderwriter.ca INSURANCE eford@canadianunderwriter.ca steve@canadianunderwriter.ca Elliot Elliot Ford Ford Bruce Creighton 2014 Automobile Insurance In Canada By Nationality Of Company 68 (416) Bruce Creighton Vice President DIRECTORY Vice President DIRECTORY (416) 510-5117 510-5117 Twitter: @InsuranceMedia eford@canadianunderwriter.ca eford@canadianunderwriter.ca Alex Papanou Alex Papanou Insurance by Insurance Blogshosted hosted byCanadian CanadianUnderwriter Underwriter 2014 Property Insurance In Canada By Nationality Of Company 68Blogs Insurance Blogs hosted by Canadian Underwriter Vice President President insBlogs (416) insBlogs Vice (416) 510-5117 (416)510-6800 510-5117 Property Property && Casualty Casualty Insurance Insurance Newswire Newswire SPECIAL SPECIAL FOCUS FOCUS Papanou Alex Papanou Property Newswire Property& CasualtyInsurance InsuranceAlex Newswire Property &&Casualty Casualty Insurance Newswire 2014 Remaining Coverages In Canada By Nationality Of Company 68 Photo: Patrick Thompson Thompson Photo: Patrick Patrick Thompson Photo: Patrick Photo: Thompson Photo: Patrick Thompson Photo: Patrick Thompson

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Total Insurance In Canada By Type Of Company 662014 Editorial Editorial Automobile Insurance In Canada By Type Of Company 662014 Editorial Editorial 882014 Marketplace Marketplace Property Insurance In Canada By Type Of Company 882014 Marketplace Marketplace Remaining 56 Views 56 Moves Moves& &Coverages Views In Canada By Type Of Company 2014 Moves Canadian Underwriting 56 Views 56 Moves& & Views Experience By Companies 58 Gallery 58 Gallery 2014 Reinsurance Companies Results 58 Gallery 58 GalleryGovernment Insurers 2014 Provincial

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69 69 70

116 130

LEADING COMPANIES — DIRECT WRITTEN BASIS

Accident & Sickness

67 Legal Expense

Aircraft

66 Liability

Boiler & Machinery

66 Marine

Credit

66 Mortgage

Credit Protection

66 Title

Fidelity

66 Other Approved Products

Hail

66 Surety

LEADING COMPANIES IN THE PROVINCES — DIRECT WRITTEN PREMIUMS

Total Business

60, 61

Canadian 44 Property Canadian Underwriter Underwriter February February 2014 2014

62, 63

Canadian 44 Automobile Canadian Underwriter Underwriter February February 2014 2014

64, 65

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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

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COMPANY INDEX ACE INA Insurance

Federal Insurance Company

Affiliated FM Insurance Company

Fundy Mutual Insurance Company

AIG Insurance Company of Canada

Gore Mutual Insurance Company

Alberta Motor Association Insurance Company

Great American Insurance Company

Allianz Global Risks US Insurance Company

The Guarantee Company of North America

Allstate Insurance Company Of Canada

Hartford Fire Insurance Company

American Road Insurance Company

Industrielle Alliance Compagnie D’Assurances Generales

Antigonish Farmers Mutual Insurance Company

Intact Financial Corporation

Arch Insurance Company

The Kings Mutual Insurance Company

Associated Electric & Gas Insurance Services Ltd.

Lawyers’ Professional Indemnity Company

Atradius Credit Insurance N.V.

Legacy General Insurance Company

Aviva Canada Inc.

Liberty Mutual Insurance Company

Berkley Insurance Company

Lloyd’s Underwriters

The Boiler Inspection & Insurance Company Of Canada

The Mearie Group

CAA Insurance Company (Ontario)

Mennonite Mutual Fire Insurance Company of Saskatchewan

Canadian Direct Insurance

Mitsui Sumitomo Insurance Company Limited

La Capitale Compagnie D’Assurance Generale

Motors Insurance Corporation

Chicago Title Insurance Company of Canada

The Mutual Fire Insurance Co. Of British Columbia

Chubb Insurance Company of Canada

Northbridge Financial Corporation

Clare Mutual Insurance Company

North Waterloo Farmers Mutual Insurance Company

CNA Canada Group

Old Republic Insurance Company of Canada

102

Omega General Insurance Company

Co-operative Hail Insurance Company Limited

Ontario Mutual Insurance Association

Co-operators General Insurance Company

Ontario School Board’s Insurance Exchange

Corepoint Insurance Company

Optimum General Inc

Cumis General Insurance Company

Pacific Coast Fishermen’s Mutual Marine Insurance Company

Das Legal Protection Insurance Company Limited

Pafco Insurance Company

Desjardins General Insurance Group

Peace Hills General Insurance Company

Echelon General Insurance Company

P.E.I. Mutual Insurance Company

The Economical Insurance Group

Pembridge Insurance Company

Le Groupe Estrie-Richelieu Compagnie D’Assurance

The Portage La Prairie Mutual Insurance Company

Euler Hermes North America Insurance Company

Protective Insurance Company

Everest Insurance Company Of Canada

RBC General Insurance Company

Factory Mutual Insurance Company

RBC Insurance Company of Canada

FCT

Coachman Insurance Company

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(Continued On Page 8)

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 11:01 AM

pariosciences.ca • 1.888.762.4667

ACCIDENT RECONSTRUCTION, FAILURE ANALYSIS

ENVIRONMENTAL PROJECT MANAGEMENT, EMERGENCY RESPONSE, LIABILITY CONTROL

Pario Engineering and Environmental Sciences is a multi-disciplinary team of specialists with the scientific analysis and technical expertise to get the job done. Engineering Services

Environmental Services

• • • • • • • • • • •

Accident Reconstruction Biomechanical Injury Assessment Chemical, Mechanical & Electrical Engineering Fire & Explosion Investigation Laboratory & Material Testing Metallurgical & Material Failure Analysis Slip, Trip & Fall Structural and Civil Engineering Evidence Protection, Control & Storage Product Failure Analysis Subrogation Support

Emergency Response Environmental Site Assessments Project Management Contaminated Sites Management Hydrology/Hydrogeology Forensic Chemistry Mould Investigation and Remediation Designated Substances Survey Peer Review & Subrogation Support Environmental Permitting Ecological Surveys

When knowing matters Rochon Engineering is now Pario Engineering and Environmental Sciences

CANADIAN UNDERWRITER STATISTICAL ISSUE 2011

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15-06-01 11:01 AM

COMPANY INDEX

(Continued From Page 6)

Red River Valley Mutual Insurance Company

100

The Tokio Marine & Nichido Fire Insurance Company Limited

107

RSA Canada Group

100

Travelers Canada

107

Saskatchewan Mutual Insurance Company

100

Trisura Guarantee Insurance Company

108

Security Insurance Company of Hartford

102

Triton Insurance

108

SGI Canada Group

103

Unica Insurance Inc.

108

SGI Canada Insurance Services

103

L’Unique Compagnie D’Assurances Generales

110

Sompo Japan Insurance Inc.

103

The Wawanesa Mutual Insurance Company

110

The Sovereign General Insurance Company

106

Western Financial Insurance

110

SSQ, Societe D’Assurances Generales Inc.

106

Western Surety Company

112

State Farm Fire & Casualty Company

104

Wynward Insurance Group

112

State Farm Insurance Company

106

XL Insurance Company SE

112

State Farm Mutual Automobile Insurance Company

106

Zurich Insurance Company Ltd (Canadian Branch)

114

Stewart Title Guaranty Company

106

TD Insurance, General Insurance

106

Temple Insurance Company

107

06-13_Index.indd 8

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CANADIAN UNDERWRITER STATISTICAL ISSUE 2011

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15-06-01 11:01 AM

REINSURANCE COMPANIES Alea (Bermuda) Ltd.

116

Sirius America Insurance Company

124

Aspen Insurance UK Limited

116

Swiss Reinsurance Company Ltd.

124

Caisse Centrale de Reassurance

116

Swiss Reinsurance Group

124

Everest Reinsurance Company

118

T.H.E. Insurance Company

126

Farm Mutual Reinsurance Plan

118

The Toa Reinsurance Company of America

128

General Reinsurance Corporation

118

Transatlantic Reinsurance Company

128

Hannover Ruckversicherung AG

119

Westport Insurance Corporation

126

MAPFRE Re Compania De Reaseguros, S.A.

119

XL Reinsurance America, Inc. Canadian Branch

128

Munich Reinsurance America Inc

119

Munich Reinsurance Company Of Canada

120

Munich Reinsurance Canada Group

120

Odyssey Reinsurance Company

120

PROVINCIAL GOVERNMENT INSURERS

Partner Reinsurance Company of the U.S.

122

Insurance Corporation of British Columbia

130

Promutuel Reassurance

122

Saskatchewan Auto Fund

130

Scor Canada Reinsurance Company

122

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ADVERTISERS’ INDEX ACE INA Insurance

Insurance Media Group - (Canadian Underwriter Magazine)

AIG Insurance Company of Canada

Insurance Technology Solutions

The ARC Group Canada Inc.

i-hire.ca 10

Assured Automotive

insPress.ca 99

Aviva Canada Inc.

inswire.ca 12

AXIS Reinsurance Company (Canadian Branch)

Liberty International Underwriters

Burns & Wilcox Canada

Munich Reinsurance Canada

Caisse Centrale De Reassurance (CCR)

117

91 121

NICC

CanadianUnderwriter.ca 127

On Side Restoration Services Ltd.

Canadian Underwriter Digital Edition

Ontario Insurance Directory

125

Canadian Litigation Counsel

Can-Sure Underwriting Ltd.

Premier Canada

CARSTAR Automotive Canada

Puroclean Canada

RSA – RSA Canada

101 123

Crawford & Company (Canada) Inc.

31, 41

Pario Engineering and Environmental Sciences (an SCM Company)

CRU Adjusters

SCOR Canada Reinsurance Company

DLS Group

SPECS – Specialized Property Evaluation Control Services Limited

The Economical Insurance Group

ServiceMaster of Canada Limited

Elliott Special Risk (ESR).

First General FirstOnSite Restoration

2 (IFC) 33 24,25

The Sovereign General Insurance Company TOA Re Travelers Canada

105 55, 129 Spine

Giffen Koerth Forensic Engineering

The Wawanesa Mutual Insurance Company

GroupOne Insurance Services

WICC

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The Guarantee Company of North America

Hagerty Insurance

Insurance Institute of Canada

06-13_Index.indd 12

Xpera Risk Mitigation and Investigation (an SCM company) Zurich Canada

111, 132 (OBC) 131 (IBC) 5 115

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UNDERWRITING PROFIT/LOSS IN CANADA 2004-2014 PrOPerTY/cAsuAlTY cOMPAnies

licensed reinsurers

+3366.4

+2720.6

+2381.8

+2374.4

+1842.3

+382.5 +323.5

+232.7 +661.6

+248.2

+172.9

+158.3 +142.7

+404.7 +69.4

+277.7 +29.4 2008 2004

2005

2006

2007

-82.5

2009 -3.3

2005

2010 -47.6

2011

2012

2013

2014

2004

2008 2006

2007

â&#x20AC;&#x201C;18.3

2009

2010

2011

2012

2013

2014

-58.9

All profits and losses indicated in millions of dollars

14-15_ProfitLossGraph.indd 14

All profits and losses indicated in millions of dollars

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’Round n ’Round

Some years — like 2013 — bring great change, huge crisis, or both, to the Canadian property and casualty insurance industry. Last year was not one of them.

Glenn McGillivray Managing Director, Institute for Catastrophic Loss Reduction

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ach year that I sit down and begin to plan this piece, and it has been many years, I lament how challenging it is given Canada’s largely lowkey, quiet approach to doing business (and, I guess, to living, in general). Regardless of what comes, we tend to just put our heads down and our shoulders to the wheel and work through it, with little to no fanfare or complaint. Canadians, it appears, take “May you live in interesting times” — what some, it seems incorrectly, claim is an

ancient Chinese curse — and twist it into, “May you live in boring times,” and make it a well-wish. But at least some fanfare is good every now and then, if anything, just to make for a more interesting article. That said, we may have used up our decadal ration of hoopla in 2013, when the industry had to deal with the country’s first back-to-back, billion-dollar-plus catastophe losses, along with a few other things (like Lac-Mégantic and the Ontario govern-

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15-06-01 3:22 PM

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COVER STORY

‘Round N ‘Round

ment’s mandated 15% rate reduction for auto insurance). But it is what it is. Economic outlook

Christian Mumenthaler, chief executive officer of reinsurance for Swiss Re Group, told attendees of Swiss Re’s 30th Annual Canadian Insurance Outlook Breakfast March 31 that economic growth in the United States is robust and supported by strong consumer spending, business investment and housing construction. But while the economy in Europe is growing, it is just barely moving forward, largely due to tight monetary policy. Conditions there are much weaker than they are in North America. Mumenthaler noted that growth in oil-importing emerging markets will likely improve and inflation will likely remain largely subdued. Inflation is below policy target in the U.S., largely as a result of falling oil prices (which had been containing inflation and boosting growth), weak labour market recovery and wage growth. Easing monetary policy in the U.S. and the United Kingdom is expected to shift to monetary tightening in mid- to late 2015, with tightening in Europe coming much later. Yields on U.S. and U.K. long-term government bonds are expected to rise later this year and into next year, he said. On the (re)insurance side, growth in exposure is robust in the U.S. and U.K., as well as in many developing markets, though it will remain modest in Europe. Claims inflation, for its part, is expected to remain benign. Insurers’ investment returns are expected to recover, but with a lag due to gradual portfolio turnover (particularly in Europe). Looking at the impact of lower oil prices on energy exporters, there is expected to be both lower incomes and lower investments in the sector in the short term. This will also translate into lower government rev18

16-33_CoverStory.indd 18

enues in oil-exporting countries. Oilimporting nations, on the other hand, are expected to benefit. The knockon effects of diving energy prices will translate into lower gasoline and heating bills for consumers, as well as lower production costs for manufacturing, transport, agriculture and other sectors. Interest rates should rise once oil prices stabilize. Overall, the positive impact on inflation from falling oil prices is considered to be only temporary. The low price of oil may have a silver lining for Canada’s property and casualty insurance industry, Gregor Robinson, senior vice president of policy and chief economist for Insurance Bureau of Canada (IBC), suggested at the Swiss Re event. Robinson reported that the dropping price of crude — which has lost about 47% of its value since September 2014 — may lead to an uptick in demand for p&c insurance products. The slide in the price of oil “is likely going to be the single biggest influence on the global and Canadian economies for the next two years,” Robinson said. However, the impacts are expected to vary across the country. For example, Alberta,

“So, despite the gloomy global outlook and uninspiring growth in Canada, there are some bright spots for the p&c industry. All the same, as in the past, insurers will need to stay focused on underwriting discipline,”

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15-06-01 3:22 PM

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COVER STORY

‘Round N ‘Round

Saskatchewan and Newfoundland & Labrador are seeing investment weakness, slower growth and government budget struggles, while in Alberta, the lower oil price may translate into lower demand for p&c products, he told attendees. The lower dollar — in part the result of lower oil prices and lower commodity prices — has served to

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impact will be uneven, with higher demand for the goods and services produced in central Canada versus the resource products of the west,” Robinson explained. Pointing out that Ontario may have the highest provincial growth in 2015 or 2016, Robinson said, “we think all this could be positive for the demand for commercial insurance products.” The other major development to consider has been the fall in interest rates, Robinson said. Lower interest rates have a “stimulative impact on Surprised? ARC isn’t. consumption and capital investment. This is also positive for p&c insurance,” he noted. despite the gloomy global ARC Group“So, Canada is a national network ofoutlook independent firms, andlawuninspiring growth in each intimately connected to Canada, there are some bright spots their local market. for the p&c industry. All the same, as Insurance and risk management in the past, insurers will need to stay experts. Regional strength. scope. focusedNational on underwriting discipline,” That is the cautioned. ARC Group. Robinson

make manufacturing exports less expensive. “This is important for Canada, as we are a small open market, with net exports expected to contribute 33% to GDP [gross domestic product] this year, according to the Bank of Canada,” Robinson said. Strong growth in the U.S., together with the lower dollar, “should eventually boost exports, although the

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The numbers — on one hand…

The Canadian property and casualty industry saw an improvement both in return on investment (ROI) and in underwriting, Robinson told attendees of the Swiss Re outlook breakfast. “Better underwriting results and improved ROI led to higher return on equity (ROE),” he reported. In addition, Robinson pointed out, there was an improvement in loss ARC Group Canada is a national network of independent law firms, and combined ratios, largely due to a each intimately connected to their local market. somewhat more subdued Cat year, at Insurance and risk management experts. Regional strength. least when compared to 2013. “The National scope. Go to AskARC.com fall in the overall loss ratio was mostly a reflection of improved property loss ratios in Alberta and Ontario followThe ARC Legal Reporter ing the flood losses in 2013,” he said. Winter Issue – Article #1numbers would have been betThe A National Network of Independent Law Firms ter had it not been for auto, with private passenger auto loss ratios deteWhen is a medical examination considered a second examination under Rule 36 of the New Brunswick Rules of Court? riorating across all of the private auto insurance markets, with a pronounced The ARC Legal Reporter Blyth v. Crowther and Kelly Reported Case: dip in Alberta, Robinson said. Winter IssueCitation: – Article #1 2009 NBCA 80 regard to personal property When both the plaintiff’s physical and mental condition are in issue in anWith action, and At Issue: the plaintiff undergoes a physical examination, will a subsequent application for a loss ratios, psychiatric examination be considered an application for a second medical improvements in Canada’s examination? west and central regions reflect an

dical examination considered a second examination ule 36 of the New Brunswick Rules of The Court? Court: ARC_Fleet ad_1/2 page.indd 1

Judgment Rendered: Factual Summary:

Should medical examinations that are ordered as part of the discovery process be characterized as ‘independent’ medical examinations? Court of Appeal of New Brunswick October 13, 2009 (Reasons delivered November 2015-02-14 26, 2009) 1:05 PM The plaintiff suffered injuries in a motor vehicle accident and commenced an action seeking damages. Both the plaintiff’s physical state and mental state were in issue in the action. The plaintiff submitted to a physical examination by the defendant’s expert, but subsequently refused to submit to a psychiatric examination.

yth v. Crowther and Kelly 09 NBCA 80 hen both the plaintiff’s physical and mental condition are in issue in an action, and The adefendant made a motion requesting an order that the plaintiff submit to the e plaintiff undergoes a physical examination, will a subsequent application for 16-33_CoverStory.indd 20 psychiatric examination. The motions judge granted the order. The plaintiff appealed, ychiatric examination be considered an application for a second medical

15-06-01 3:22 PM

improvement in Cat losses, but in the Prairies and in Atlantic Canada “loss ratios rose above the 10-year national average of 68%, largely a consequence of more frequent, although smaller, extreme weather events,” he noted. All in all, the p&c insurance industry booked net earned premium in 2014 of $40.640 billion in 2014 (up from $39.148 billion in 2013) and incurred net claims of $27.492 billion (in line with $27.338 billion in 2013). The industry’s loss ratio came in at 67.9% (compared to 69.8% in 2013) and its expense ratio at 31.4% (31.1% in 2013) for a combined ratio of 99.4% (compared to 101% the year prior). Broken down by line, the personal property loss ratio for 2014 at 61% (down from 73% in 2013); commercial property came in at 60% (down from 80% the year prior); personal

16-33_CoverStory.indd 21

auto at 76% (compared to 74% the year prior); and commercial liability at 50% (compared to 53% in 2013). All in, the industry recorded an ROI of 4.2% (3.2% in 2013), an ROE of 9.9% (6.1% in 2013) and a comprehensive ROE of 11.1% (5.8% in 2013). The industry’s change in equity remained steady at 4.2% over the year prior, although its minimal capital test (MCT) rose to 254.6% (compared to 242.8% in 2013). In his Quarterly Outlook Report for Q4-2014, Joel Baker, president and CEO of MSA Research Inc., noted that there was some modest top-line growth for the industry “which, for a change, was not outpaced by claims growth, reserve releases as well as slightly improved investment gains.” Baker pointed out that his analysis showed overall industry ROE cracked the elusive double-digit mark at 10.66%, up from 7.7% in 2013.

“Personal lines writers saw their ontario auto insurance book shrink in 2014, reflecting the mandatory auto rate rollbacks introduced by the Wynne government in 2013.”

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COVER STORY

‘Round N ‘Round

“But challenges remain” as the industry’s combined ratio for 2014 was only marginally better than for 2013, the year of the Cat, he advised. Baker also pointed out that results for Alberta auto appear to be deteriorating quite quickly, with third-party bodily injury (BI) loss ratios approaching what he calls “nosebleed territory,” and that current results for the highly competitive commercial property line, which has a combined operating ratio (COR) of over 100%, do “not bode well.” In its annual report for 2014, PACICC — the Property and Casualty Insurance Compensation Corporation — reported that the Canadian p&c sector is in “a sustained period of moderate earnings,” with the industry holding more than $44 billion in capital — the highest level ever reported. PACICC warns, however, that there is wide variability in the financial performance and health of individual insurers. Ontario auto — another wild card

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Again, Robinson suggested during the Swiss Re event, while overall 2014 industry results show some improvement, “the numbers would have been better had it not been for auto. Private passenger auto loss ratios deteriorated across all of the private auto insurance markets.” Noting how an extreme weather event can quite quickly make a good year a bad one, he called auto “another wild card” because of “the tendency for auto to fall victim to partisan and stakeholder politics.” Taking numbers calculated in early 2015, Robinson reported that Ontarians pay more for car insurance than anyone else in Canada, “including an average 26% more than in Alberta and 78% more than in the Atlantic.” “But there is cause for optimism,” he qualified, “with the commitment to reduce premiums an average of 15% between August 2013 and August 2015,” Robinson said. Baker seems less optimistic about the cuts: “Personal lines writers saw their Ontario auto insurance book shrink in 2014, reflecting the mandatory auto rate rollbacks introduced by the Wynne government in 2013. It is difficult to separate the decline in premiums from the general population growth as the net effect of both indicates a drop of 2%. The 2% is hurting insurers,” he wrote. “Despite the vociferous protestations of the authors of the recent study commissioned by the Ontario Trial Lawyers’ Association, the data does not support the notion that Ontario auto has been a bonanza for the insurance industry. It certainly isn’t looking like one now,” Baker continued. As for PACICC, it offers the following perspective: “There is uncertainty about whether insurers have legal clarity to accurately price this product, with recent studies showing that, at least in part, fraudulent claim practices and abuses of processes within the system are significantly contributing to the high cost of auto insurance in Ontario. Moreover, government interference in setting insurance prices increases solvency risk for insurers operating in that market.” The reinsurance side

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According to Baker, the only sector that saw dramatically better underwriting results in 2014 were reinsurers, “who gained the most from the milder Cat year and higher primary retentions.” His analysis shows the segment booked a COR of 74.4% and an ROE of 13.8% despite its “relatively large capital base.” The 20 entities that filed their results to Canada’s Reinsurance Research canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 3:22 PM

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15-06-01 3:22 PM

COVER STORY

‘Round N ‘Round Council (RRC) reported assumed premium of $2.1 billion in 2014 (down slightly from $2.2 billion in 2013), with an underwriting result of $359.7 million (up substantially from $13.2 million in 2013, the year of the Cat). The group reported a total loss ratio of 47.6% (down considerably from 69.8% in 2013) and an expense ratio of 30.2% (up only slightly from 29.1% the year prior) for a combined ratio of 77.5% (respectable after the 99.2% booked in 2013). Total investment income came in at $284.2 million (up from $232.3 million in 2013) for after-tax income of $520 million (up markedly from $160.8 million the year prior). On the facultative casualty side, one underwriter bemoans: “Another year, another Stat Issue and, sadly, little has changed from what I wrote last year on the casualty side. Primary company and reinsurance facultative rates are still pretty flat with the occa-

sional small (1% to 5%) rate increase — when you can get it. Competition remains fierce for Canadian casualty business and capacity is still plentiful. If anything, competition has increased this year with more new players entering the market, such as Berkshire Hathaway Specialty Insurance and CV Starr. In the U.S., writers are faring a little better on the casualty side. They are able to get rate increases more frequently than we can from what I hear, although typically similar size rate increases to what we see here — in the 1% to 5% range. There is no sign of any tightening in the Canadian casualty marketplace. I feel that the cycles, as we knew them in the past, soft for five to 10 years, and then hard for maybe 18 months to two years, have changed and we are into a very prolonged soft market. People have stopped talking about when the market is going to harden. This is the new reality. Companies, like ours, are trying to

maintain underwriting discipline over the cycle, but that becomes increasingly difficult in such an extended soft market with no end in sight.” Facultative reinsurance — which is negotiated separately for each insurance policy that is reinsured and is normally purchased for individual risks not covered, or insufficiently covered, by treaties (reinsurance agreements that cover a portfolio of risks that fall within the agreement) — has undergone many changes over the years. With a prolonged buyers’ reinsurance market (which some sources believe may be permanent) many risks once covered by facultative reinsurance certificates are being folded into treaties. Additionally, many reinsurers — particularly the largest players — now only write facultative business of a certain minimum premium, as writing small facultative certificates is too costly and not worth the dedication of costly resources.

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Asked whether there is a future for facultative reinsurance, the casualty facultative underwriter offered this view: “The need for facultative casualty is clearly lower today than five years ago, due to ceding companies having broader treaty protection and increased retentions. The type of casualty business being facultatively reinsured today is for higher-risk business. Ceding companies can retain the straightforward casualty risks, but want to place facultative for tougher, highhazard risks, such as certain kinds of high-risk consumer products (like toys); restaurants with high liquor sales; risks with high amounts of U.S. exposure; hazardous operations, such as heavy boiler installations; haulage of hazardous goods; and long-haul trucking into the U.S. So, while the need for casualty facultative may have shrunk over the years, the risks we are offered

are much higher today than in the past.” In the July 2001 issue of Canadian Underwriter, I wrote of the prematurely announced demise of the property and casualty insurance pricing cycle (What comes around… http://bit.ly/whatcomesaround) and quipped that it is “alive and well and living in p&c insurance and reinsurance markets across the globe.” But with Aon Benfield estimating global reinsurance capital to be hovering somewhere in the US$575 billion mark (up 6% from 2014) — the bulk of it traditional — I am not so sure that the cycle is breathing at all, let alone thrashing around on the floor. It appears, at this point, to be as lively as a door nail (or, perhaps more apt, a coffin nail). Looking at the global reinsurance picture, Mumenthaler noted at Swiss Re’s annual breakfast event this year that the segment has profited from two to three abnormally good years

that have largely been spared from significant catastrophe losses. But that will likely change, he cautioned, as higher combined ratios set in due to continued rate softening, fewer reserve releases and the resumption of “normal” cat losses. Segment mergers and acquisition, Mumenthaler noted, will likely continue. Such M&As, he maintains, are defensive in nature as a result of the following: a flood of new (alternative) capital entering the reinsurance industry; intense price pressure and competition; big insurance groups rationalizing their reinsurance programs to a much smaller number of bigger players; and value creation, mostly through cost synergies. All in all, however, he expressed the belief that the long-term outlook for the global reinsurance sector is positive, with strong growth forecast in emerging markets and new technologies requiring new covers and

Restoration Industry

16-33_CoverStory.indd 25

15-06-01 3:22 PM

COVER STORY

‘Round N ‘Round also helping to close the very large protection gap. In the courts

In the February/March 2015 issue of Claims Canada, Christopher Dunn and Josiah MacQuarrie of Dutton Brock, LLP again provided a very useful and concise run-down of the Top 10 coverage decisions from 2014 of interest to insurers. Dunn and MacQuarrie’s list is as follows: 1) Kozel v. The Personal Insurance Company (February 19, 2014, ONCA) (Auto insurance/relief from forfeiture) 2) Schmitz v. Lombard General Insurance Company of Canada (February 4, 2014, ONCA) (Auto insurance/ limitation period in OPCF 44R) 3) Coburn v. Zorkin Insurance Brokers Inc. (February 26, 2014, BCCA) (Homeowner’s policy/vacancy) 4) Hants Realty Ltd. v. Travelers Guarantee Co. of Canada (June 25, 2014, NSCA) (E&O policy/definition of “claim”)

5) Precision Plating Ltd. v. Axa Pacific Insurance Company (April 8, 2014, BCSC) (CGL policy/pollution exclusion) 6) Stewart v. TD General Insurance Company (March 4, 2014, Ont. Div. Ct) (Homeowner’s policy/marijuana plants) 7) O’Byrne v. Farmers’ Mutual Insurance Co. (July 11, 2014, ONCA) (“Allrisks” policy/pollution exclusion) 8) Acciona Infrastructure Canada Inc. v. Allianz Global Risks US Insurance Company (August 19, 2014, BCSC) (Builder’s risk/faulty Workmanship exclusion) 9) Willoughby v. Pilot Insurance Company (January 7, 2014, ONSC) (Homeowner’s policy/determination of “replacement cost”) 10) Intact Insurance Company v. Virdi (April 14, 2014, ONSC) (CGL policy/ description of insured business limiting coverage). The full article, complete with links to decisions, can be read at http://bit.ly/claimstop10of2014

Severe weather — the new wild card

Of frequent extreme weather events, IBC’s Robinson calls them “wild cards” that “can, overnight, turn a good year into a bad one.” He is right. In this space in 2013, I wrote: “So, with four consecutive billion-dollar loss years under our belt [i.e. 2009, 2010, 2011 and 2012] the question, of course, is whether we’ll make it five. We’ll have to wait out the year to find out.” The next year, in 2014, I wrote: “With $3.2 billion in insured losses from severe weather in 2014, we all now know how 2013 played out. The question now is: Are we going to make it six billion-dollar years in a row?” Today, I write: “The answer is ‘yes.’” Some have called 2014 a quiet — even a “reprieve” — year for Canadian catastrophe losses. But when the year’s $880+ million is put up against 2013’s $3.2 billion, of course, it will look like a quiet year (even

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COVER STORY

‘Round N ‘Round

“There certainly were some costly events [in 2014] — and that was reflected in the financial results for Canada’s property and casualty insurers.”

16-33_CoverStory.indd 28

a $2 billion year would seem relatively benign when placed against an unprecedented year like 2013). Granted, 2014 was not an “inyour-face” year for catastrophe losses like 2013 was. Still, when 2014’s Cat losses are compared to other recent years, it goes down as another significant annum as Canadian insurers have paid out close to, or more than, $1 billion for losses of $25 million or more every year since 2009. As noted by Baker in his 2014 round-up: “lt is truly notable that the magnitude of these losses seems out of whack with the ho-hum sentiment in the market. This might be because the reinsurers didn’t bear the brunt as much as they did in the old days when primary retentions were lower.” Regardless, such losses should not be taken lightly. As Robinson noted, “there certainly were some costly events [in 2014] — and that was reflected in the financial results for Canada’s property

and casualty insurers.” The total of such losses (2009 to 2014 inclusive) exceeds a whopping $8.52 billion, not including claims adjustment expenses. This is what has come to be known as “the new normal” for Canada. What generally happens in any given year in Canada is that there is one big loss and a number of other losses of various sizes, with the total closing in on or exceeding $1 billion. This formula was true of 2014, where the single big loss was a hailstorm in Airdrie, Alberta. Insured losses from that event currently exceed $530 million, MSA/CatIQ has reported. There were four other events that were classified as Cat events last year, with all being quite small. The year was like death by a thousand (well, five) cuts. Aside from Airdrie, other losses of note in 2014 include the June 17 tornado in Angus, Ontario. The EF-2 did not generate an exceptionally high claims total (tornadoes in Canada seldom do), but the event underscored the fact that damage from weaker tornadoes can be almost eliminated with the addition of just a few lowcost features incorporated into homes at initial construction. Of the 100+ homes damaged by the twister, 10 or 11 lost their roofs and needed to be bulldozed. For about $150 to $200 each, those roofs could have been kept on, saving homeowners and their insurers a lot of grief. The insurance industry can do better. Additionally, there was late-June flooding and wind in Manitoba and Saskatchewan, as well as the August 4 Ontario storm that saw more than 200 millimetres of rain fall in Burlington in just a few hours. More than 3,500 homeowners reported flood damage to the city as a result of that event. It is important to note that the aforementioned numbers reflect only those losses that meet or exceed $25 million insured, and do not include smaller events or isolated day-to-day losses (a sewer back-up here, a tree on a house there). These losses can easily add

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How The Private Companies Rank (Total Business) N.P.W. (Excluding Life & Purely A&S Companies) % of Market 1. Intact Financial Corporation.......................... 15.35 2. Aviva Canada Inc ............................................ 8.55 3. TD Insurance, General Insurance ................... 6.51 4. RSA Canada Group ........................................ 6.18 5. Lloyd’s Underwriters ....................................... 5.79 6. Co–operators General Insurance Co .............. 4.95 7. Desjardins General Insurance Group .............. 4.91 8. Wawanesa Mutual Insurance .......................... 4.62 9. Economical Insurance..................................... 4.19 10. State Farm Insurance Company ..................... 3.83 11. Travelers Canada ............................................ 3.24 12. Allstate Insurance Co of Canada .................... 2.81 13. Northbridge Financial Corporation ................. 2.38 14. Zurich Insurance Company Ltd ...................... 1.66 15. RBC General Insurance .................................. 1.64 16. AIG Insurance Co Of Canada ......................... 1.44 17. Chubb Insurance Co of Canada ..................... 1.38 18. La Capitale Assurances Gen Inc..................... 1.28 19. Ontario Mutual Insurance ............................... 1.27 20. SGI Canada Group ......................................... 1.23 21. Munich Reinsurance Cda Group .................... 0.77 22. Gore Mutual Insurance Company ................... 0.75 23. Guarantee Company Of North America .......... 0.70 24. Alberta Motor Association .............................. 0.68 25. CNA Canada ................................................... 0.58 26. Hannover Ruck SE .......................................... 0.54 27. Pembridge Insurance Company ..................... 0.52 28. Industrielle Alliance Compagnie ..................... 0.50 29. SSQ, Societe D’Assurances Gen.................... 0.48 30. Liberty Mutual Insurance ................................ 0.47 31. Allianz Global Risks US................................... 0.45 32. Factory Mutual Insurance Company............... 0.44 33. Portage La Prairie Mutual ............................... 0.43 34. L’Unique Assurances Generales..................... 0.39 35. CAA Insurance Company (Ontario) ................ 0.39 36. Echelon General Insurance ............................. 0.35 37. Promutuel Reassurance.................................. 0.35 38. Peace Hills General Insurance ........................ 0.31 39. SCOR Canada Reinsurance ........................... 0.30 40. Farm Mutual Reinsurance Plan ....................... 0.30 41. Canadian Direct Insurance ............................. 0.30 42. FCT ................................................................. 0.29 43. Swiss Reinsurance Group .............................. 0.28 44. Optimum General Inc ...................................... 0.28 45. Lawyers’ Professional Indemnity .................... 0.26 46. RBC Insurance Company Of Canada ............. 0.25 47. ACE INA Insurance ........................................ 0.25 48. Unica Insurance .............................................. 0.24 49. Boiler Inspection & Insurance Company ........ 0.24 50. Partner Reinsurance Company of the U.S...... 0.23 51. Cumis General Insurance................................ 0.21 52. Transatlantic Reinsurance .............................. 0.21 53. Stewart Title Guaranty Company.................... 0.21 54. XL Insurance Company SE ............................. 0.21 55. Pafco Insurance Company ............................. 0.21 56. Affiliated FM Insurance ................................... 0.19

2014 N.P.W.

2013 N.P.W.

6,875,276,000 3,828,980,000 2,915,195,000 2,765,167,000 2,594,228,000 2,215,781,000 2,196,398,000 2,070,278,000 1,877,801,000 1,715,373,000 1,452,587,000 1,257,591,000 1,067,709,000 744,723,000 735,350,000 643,053,000 617,085,000 571,304,000 569,070,000 549,857,000 343,406,000 335,156,000 314,278,000 305,812,000 261,065,000 241,927,000 231,529,000 222,420,000 213,754,000 210,765,000 202,084,000 195,745,000 190,934,000 175,853,000 175,255,000 156,328,000 156,209,000 139,958,000 136,048,000 133,120,000 132,337,000 131,629,000 124,663,000 123,695,000 114,920,000 111,544,000 110,064,000 107,643,000 105,684,000 103,461,000 96,121,000 95,740,000 95,066,000 94,242,000 93,893,000 86,439,000

6,790,103,000 3,622,441,000 2,839,453,000 2,790,693,000 2,396,862,000 2,095,955,000 2,073,475,000 2,027,851,000 1,803,586,000 1,784,388,000 257,801,000 1,147,475,000 1,062,111,000 693,440,000 561,552,000 587,332,000 593,601,000 562,202,000 551,716,000 522,181,000 309,522,000 318,238,000 290,599,000 279,218,000 284,229,000 216,646,000 211,009,000 156,188,000 203,094,000 162,727,000 146,034,000 234,019,000 194,516,000 157,494,000 197,246,000 157,008,000 132,747,000 124,159,000 160,353,000 135,476,000 130,516,000 128,154,000 147,072,000 111,639,000 106,510,000 336,705,000 118,318,000 93,495,000 92,206,000 90,214,000 92,931,000 84,998,000 91,548,000 90,246,000 91,226,000 91,687,000

% Change 1.25 5.70 2.67 –0.91 8.23 5.72 5.93 2.09 4.11 –3.87 463.45 9.60 0.53 7.40 30.95 9.49 3.96 1.62 3.15 5.30 10.95 5.32 8.15 9.52 –8.15 11.67 9.72 42.41 5.25 29.52 38.38 –16.36 –1.84 11.66 –11.15 –0.43 17.67 12.72 –15.16 –1.74 1.40 2.71 –15.24 10.80 7.90 –66.87 –6.98 15.13 14.62 14.68 3.43 12.64 3.84 4.43 2.92 –5.72

“From a solvency perspective, the outlook for Canada’s p&c insurance sector is healthy. Most… insurers have a strong and healthy capital base…” another $1 billion or so to the pile. So when it comes to catastrophe losses, it is important to maintain perspective and to be careful of comparisons, especially when statistical outliers are involved. 2014 was not a horrendous year for catastrophe losses in Canada, but it was significant, nonetheless. Looking forward

A paragraph form PACICC’s 2014 annual report sums up the state of Canada’s p&c industry in a nice little nutshell: “From a solvency perspective, the outlook for Canada’s p&c insurance sector is healthy. Most… insurers have a strong and healthy capital base supporting their operations. While significant variations in profitability and capital strength exist among companies, industry-wide measures show that the great majority of Canada’s p&c insurers are prepared to face future challenges from a position of financial strength.” This is, of course, good news. But it is important to underscore that things are never perfect; there are always challenges of various types and sizes — or blips, if you will.

(Continued On Page 32) 30

16-33_CoverStory.indd 30

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15-06-01 3:22 PM

(Continued From Page 30)

How The Private Companies Rank (Total Business) N.P.W. (Excluding Life & Purely A&S Companies) % of Market 57. North Waterloo Farmers Mutual ................... 0.19 58. Odyssey Reinsurance Company .................. 0.17 59. Red River Mutual .......................................... 0.17 60. Wynward Insurance Group ........................... 0.16 61. Trisura Guarantee Insurance......................... 0.14 62. Everest Reinsurance Company .................... 0.14 63. Old Republic Insurance Company ................ 0.13 64. General Reinsurance Corp............................ 0.12 65. Mutual Fire Insurance Co of BC ................... 0.12 66. Motors Insurance Corporation ...................... 0.11 67. Saskatchewan Mutual Insurance .................. 0.11 68. Western Financial Insurance ......................... 0.11 69. Berkley Insurance Company ......................... 0.10 70. XL Reinsurance America, Inc Canadian Branch....0.10 71. Caisse Centrale De Reassurance ................. 0.09 72. Great American Insurance ............................ 0.09 73. Ontario School Board’s Insurance ................ 0.09 74. Triton Insurance ............................................ 0.08 75. Le Groupe Estrie–Richelieu........................... 0.08 76. Tokio Marine & Nichido Fire.......................... 0.07 77. Toa Reinsurance Co of America ................... 0.07 78. Co–operative Hail Ins Co Ltd ........................ 0.06 79. Chicago Title ................................................. 0.06 80. Associated Electric & Gas Insurance ............ 0.06 81. Omega General Insurance ............................ 0.06 82. Mitsui Sumitomo Insurance .......................... 0.05 83. PEI Mutual Insurance Company ................... 0.04 84. Euler Hermes North America Insurance........ 0.04 85. MAPFRE Re Compania De Re, S.A. ............. 0.03 86. Hartford Fire Insurance ................................. 0.03 87. Western Surety Company ............................. 0.03 88. Sirius America Insurance .............................. 0.03 89. Arch Insurance (Canada) .............................. 0.03 90. Federal Insurance Company ......................... 0.03 91. Aspen Insurance UK Limited ........................ 0.03 92. DAS Legal Protection Insurance Company .. 0.03 93. Legacy General Insurance ............................ 0.02 94. Munich Reinsurance America, Inc. ............... 0.02 95. Mennonite Mutual Fire Ins Company of SK .. 0.02 96. The Mearie Group ......................................... 0.02 97. American Road Insurance Company ............ 0.02 98. Everest Insurance Co of Canada .................. 0.02 99. Kings Mutual Insurance Company ................ 0.02 100. Sompo Japan Nipponkoa ............................. 0.02 101. Pacific Coast Fishermen’s Mutual Marine .... 0.01 102. Antigonish Farmers’ Mutual .......................... 0.01 103. Atradius Credit Insurance N.V ...................... 0.01 104. Fundy Mutual Insurance ............................... 0.01 105. Clare Mutual Insurance Company ................ 0.00 106. Protective Insurance Company .................... 0.00 107. T.H.E. Insurance Company ........................... 0.00 108. Corepointe Insurance ................................... 0.00 109. Alea (Bermuda) Ltd ....................................... 0.00

2014 N.P.W.

2013 N.P.W.

% Change

83,881,000 77,653,000 74,915,000 69,447,000 63,423,000 61,267,000 58,707,000 53,739,000 52,945,000 50,808,000 50,009,000 48,979,000 43,980,000 43,266,000 41,240,000 40,900,000 39,326,000 36,445,000 33,838,000 32,292,000 31,543,000 29,015,000 26,256,000 26,033,000 25,187,000 20,198,000 17,795,000 16,814,000 15,481,000 14,414,000 13,669,000 13,444,000 13,065,000 12,844,000 12,622,000 12,600,000 9,969,000 9,069,000 8,773,000 7,843,000 7,830,000 7,482,000 7,460,000 6,737,000 5,643,000 4,625,000 3,848,000 2,753,000 1,856,000 1,771,000 825,000 53,000 50,000

77,979,000 83,650,000 68,698,000 58,090,000 55,502,000 62,495,000 60,520,000 44,358,000 43,918,000 54,983,000 51,616,000 46,008,000 44,715,000 67,217,000 39,467,000 41,219,000 37,093,000 40,874,000 32,025,000 29,422,000 43,956,000 34,021,000 26,027,000 22,245,000 20,222,000 20,029,000 16,306,000 9,751,000 15,271,000 12,247,000 13,500,000 15,925,000 17,956,000 10,870,000 12,053,000 0 10,929,000 14,109,000 7,955,000 7,768,000 7,417,000 4,774,000 6,992,000 5,660,000 5,470,000 4,388,000 3,727,000 2,403,000 1,872,000 1,818,000 548,000 43,000 62,000

7.57 –7.17 9.05 19.55 14.27 –1.96 –3.00 21.15 20.55 –7.59 –3.11 6.46 –1.64 –35.63 4.49 –0.77 6.02 –10.84 5.66 9.75 –28.24 –14.71 0.88 17.03 24.55 0.84 9.13 72.43 1.38 17.69 1.25 –15.58 –27.24 18.16 4.72 0.00 –8.78 –35.72 10.28 0.97 5.57 56.72 6.69 19.03 3.16 5.40 3.25 14.57 –0.85 –2.59 50.55 23.26 –19.35

TOTALS ...................................................... 44,776,220,000 42,148,368,000 32

16-33_CoverStory.indd 32

Lately, Canadian insurers have been putting a lot of time and effort looking into a number of issues that have become all the rage, with most coming from rapid changes in technology. Some of these emerging risks include telematics, autonomous cars, 3-D printing, drones and cyber liability. Countless organizations are running seminars and workshops and issuing reports and articles on these risks, and in many circles, the industry has been hearing how they “will change the industry forever.” Do not get me wrong. These issues are, indeed, significant, and have the real potential to both permanently change some of the ways the business of insurance is conducted as well as to inflict heavy damage on the claims side. That said, the industry needs to ensure it keeps an eye on the day-today challenges and the run-of-themill, bread-and-butter stuff that really drives the business. While drones, for example, may prove to be problematic for insurers in the years ahead, and major cyber claims may soon come rolling down the pipe on a regular basis, it is the auto and personal property products that are giving us a hard time here and now — and probably will continue to going forward. I have been around this business long enough to have heard how this event or that technological advance will “change the industry forever,” then see first-hand how the premonitions almost never come to pass, at least not how they are originally billed. The liability crisis, Hurricane Andrew, the property crisis, the Northridge earthquake, the Internet, 9/11, Hurricane Katrina, Super Storm Sandy, the cloud and many, many other things were all supposed to drive massive, permanent sea changes to the insurance industry, but never really did. Many proved to be nothing more than temporary blips. The industry deals with them, then moves on to deal with the next raft of coming “sea changes.” Maintaining perspective, focus and both feet on the ground is key to the industry’s ongoing success.

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Companies (Total Business) N.P.W. - By Company Name Company

% Market

ACE INA Insurance ...................................... 0.25 Affiliated FM Insurance ................................. 0.19 AIG Insurance Co Of Canada ....................... 1.44 Alberta Motor Association ............................ 0.68 Alea (Bermuda) Ltd ....................................... 0.00 Allianz Global Risks US ................................. 0.45 Allstate Insurance Co of Canada .................. 2.81 American Road Insurance Company ............ 0.02 Antigonish Farmers’ Mutual .......................... 0.01 Arch Insurance (Canada) ............................... 0.03 Aspen Insurance UK Limited ........................ 0.03 Associated Electric & Gas Insurance ............ 0.06 Atradius Credit Insurance N.V....................... 0.01 Aviva Canada Inc .......................................... 8.55 Berkley Insurance Company ......................... 0.10 Boiler Inspection & Insurance Company....... 0.24 CAA Insurance Company (Ontario) .............. 0.39 Caisse Centrale De Reassurance ................. 0.09 Canadian Direct Insurance ............................ 0.30 Chicago Title ................................................. 0.06 Chubb Insurance Co of Canada ................... 1.38 Clare Mutual Insurance Company ................ 0.00 CNA Canada ................................................. 0.58 Co–operative Hail Ins Co Ltd ........................ 0.06 Co–operators General Insurance Co ............ 4.95 Corepointe Insurance .................................... 0.00 Cumis General Insurance .............................. 0.21 DAS Legal Protection Insurance Company .. 0.03 Desjardins General Insurance Group ............ 4.91 Echelon General Insurance ........................... 0.35 Economical Insurance ................................... 4.19 Euler Hermes North America Insurance........ 0.04 Everest Insurance Co of Canada .................. 0.02 Everest Reinsurance Company ..................... 0.14 Factory Mutual Insurance Company ............. 0.44 Farm Mutual Reinsurance Plan ..................... 0.30 FCT .............................................................. 0.29 Federal Insurance Company ......................... 0.03 Fundy Mutual Insurance ............................... 0.01 General Reinsurance Corp ............................ 0.12 Gore Mutual Insurance Company ................. 0.75 Great American Insurance ............................ 0.09 Guarantee Company Of North America ........ 0.70 Hannover Ruck SE ........................................ 0.54 Hartford Fire Insurance ................................. 0.03 Industrielle Alliance Compagnie.................... 0.50 Intact Financial Corporation.........................15.35 Kings Mutual Insurance Company ................ 0.02 La Capitale Assurances Gen Inc ................... 1.28 Lawyers’ Professional Indemnity .................. 0.26 Le Groupe Estrie–Richelieu ........................... 0.08 Legacy General Insurance ............................ 0.02 Liberty Mutual Insurance .............................. 0.47 Lloyd’s Underwriters ..................................... 5.79 L’Unique Assurances Generales ................... 0.39

34_Alpha NPW 2013.indd 34

2014 N.P.W. 110,064,000 86,439,000 643,053,000 305,812,000 50,000 202,084,000 1,257,591,000 7,830,000 4,625,000 13,065,000 12,622,000 26,033,000 3,848,000 3,828,980,000 43,980,000 105,684,000 175,255,000 41,240,000 132,337,000 26,256,000 617,085,000 1,856,000 261,065,000 29,015,000 2,215,781,000 53,000 96,121,000 12,600,000 2,196,398,000 156,328,000 1,877,801,000 16,814,000 7,482,000 61,267,000 195,745,000 133,120,000 131,629,000 12,844,000 2,753,000 53,739,000 335,156,000 40,900,000 314,278,000 241,927,000 14,414,000 222,420,000 6,875,276,000 7,460,000 571,304,000 114,920,000 33,838,000 9,969,000 210,765,000 2,594,228,000 175,853,000

Company

% Market

2014 N.P.W.

MAPFRE Re Compania De Re, S.A. ............. 0.03 15,481,000 The Mearie Group ......................................... 0.02 7,843,000 Mennonite Mutual Fire Ins Company of SK .. 0.02 8,773,000 Mitsui Sumitomo Insurance .......................... 0.05 20,198,000 Motors Insurance Corporation ...................... 0.11 50,808,000 Munich Reinsurance America, Inc. ............... 0.02 9,069,000 Munich Reinsurance Cda Group................... 0.77 343,406,000 Mutual Fire Insurance Co of BC .................... 0.12 52,945,000 North Waterloo Farmers Mutual .................... 0.19 83,881,000 Northbridge Financial Corporation................ 2.38 1,067,709,000 Odyssey Reinsurance Company................... 0.17 77,653,000 Old Republic Insurance Company ................ 0.13 58,707,000 Omega General Insurance ............................ 0.06 25,187,000 Ontario Mutual Insurance.............................. 1.27 569,070,000 Ontario School Board’s Insurance ................ 0.09 39,326,000 Optimum General Inc .................................... 0.28 123,695,000 PEI Mutual Insurance Company ................... 0.04 17,795,000 Pacific Coast Fishermen’s Mutual Marine..... 0.01 5,643,000 Pafco Insurance Company............................ 0.21 93,893,000 Partner Reinsurance Company of the U.S .... 0.23 103,461,000 Peace Hills General Insurance ...................... 0.31 139,958,000 Pembridge Insurance Company ................... 0.52 231,529,000 Portage La Prairie Mutual ............................. 0.43 190,934,000 Promutuel Reassurance ................................ 0.35 156,209,000 Protective Insurance Company ..................... 0.00 1,771,000 RBC General Insurance ................................ 1.64 735,350,000 RBC Insurance Company Of Canada ........... 0.25 111,544,000 Red River Mutual .......................................... 0.17 74,915,000 RSA Canada Group ...................................... 6.18 2,765,167,000 Saskatchewan Mutual Insurance .................. 0.11 50,009,000 SCOR Canada Reinsurance.......................... 0.30 136,048,000 SGI Canada Group........................................ 1.23 549,857,000 Sirius America Insurance .............................. 0.03 13,444,000 Sompo Japan Nipponkoa ............................. 0.02 6,737,000 SSQ, Societe D’Assurances Gen .................. 0.48 213,754,000 State Farm Insurance Company ................... 3.83 1,715,373,000 Stewart Title Guaranty Company .................. 0.21 95,066,000 Swiss Reinsurance Group ............................. 0.28 124,663,000 T.H.E. Insurance Company ........................... 0.00 825,000 TD Insurance, General Insurance.................. 6.51 2,915,195,000 Toa Reinsurance Co of America.................... 0.07 31,543,000 Tokio Marine & Nichido Fire .......................... 0.07 32,292,000 Transatlantic Reinsurance ............................. 0.21 95,740,000 Travelers Canada .......................................... 3.24 1,452,587,000 Trisura Guarantee Insurance ......................... 0.14 63,423,000 Triton Insurance............................................. 0.08 36,445,000 Unica Insurance ............................................ 0.24 107,643,000 Wawanesa Mutual Insurance ........................ 4.62 2,070,278,000 Western Financial Insurance ......................... 0.11 48,979,000 Western Surety Company ............................. 0.03 13,669,000 Wynward Insurance Group ........................... 0.16 69,447,000 XL Insurance Company SE ........................... 0.21 94,242,000 XL Reinsurance America, Inc Canadian Branch .... 0.10 43,266,000 Zurich Insurance Company Ltd .................... 1.66 744,723,000 TOTALS .............................................. 44,776,220,000

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How The Private Companies Rank (Property) N.P.W. % Market

2014 N.P.W. 48. North Waterloo Farmers Mutual ..........

% Market

2014 N.P.W.

0.27

44,266,000

1. Intact Financial Corporation ................

14.76 2,431,635,000

2. Aviva Canada Inc ................................

8.06 1,327,507,000

49. General Reinsurance Corp ..................

0.25

40,519,000

3. Lloyd’s Underwriters ...........................

6.96 1,147,275,000

50. CAA Insurance Company (Ontario) ....

0.24

40,172,000

4. RSA Canada Group .............................

6.40 1,054,938,000

51. Cumis General Insurance ....................

0.24

39,862,000

5. Wawanesa Mutual Insurance ..............

5.64

928,662,000

52. Unica Insurance ..................................

0.23

38,430,000

6. Co–operators General Insurance Co...

5.45

898,170,000

53. Canadian Direct Insurance ..................

0.23

38,269,000

7. TD Insurance, General Insurance ........

5.19

854,430,000

54. Saskatchewan Mutual Insurance ........

0.22

36,325,000

8. Desjardins General Insurance Group ..

4.87

802,844,000

55. Liberty Mutual Insurance .....................

0.19

31,763,000

9. Economical Insurance .........................

3.96

651,834,000

56. XL Insurance Company SE .................

0.18

29,567,000

10. State Farm Insurance Company .........

2.74

451,071,000

57. Le Groupe Estrie–Richelieu .................

0.17

28,743,000

11. Travelers Canada ................................

2.66

438,589,000

58. Echelon General Insurance .................

0.16

26,065,000

12. Northbridge Financial Corporation ......

2.29

377,971,000

59. Everest Reinsurance Company ...........

0.16

25,817,000

13. Ontario Mutual Insurance ....................

1.89

311,919,000

60. ACE INA Insurance .............................

0.15

25,061,000

14. Allstate Insurance Co of Canada.........

1.79

295,183,000

61. Omega General Insurance ..................

0.15

24,305,000

15. Zurich Insurance Company Ltd ...........

1.69

278,908,000

62. Great American Insurance...................

0.12

20,234,000

16. Chubb Insurance Co of Canada..........

1.69

278,252,000

63. Caisse Centrale De Reassurance ........

0.12

19,551,000

17. SGI Canada Group ..............................

1.56

257,759,000

64. XL Re America Inc – Cdn Branch ........

0.10

17,128,000

18. AIG Insurance Co Of Canada ..............

1.35

222,765,000

65. PEI Mutual Insurance Company ..........

0.10

15,687,000

19. La Capitale Assurances Gen Inc .........

1.30

214,123,000

66. Ontario School Board’s Insurance ......

0.09

15,243,000

20. Munich Reinsurance Cda Group .........

1.10

180,741,000

67. MAPFRE Re Compania De Re, S.A. ...

0.09

14,520,000

21. RBC General Insurance .......................

1.09

179,017,000

68. Tokio Marine & Nichido Fire ................

0.09

14,121,000

22. Factory Mutual Insurance Company ...

0.96

157,719,000

69. Toa Reinsurance Co of America .........

0.09

14,054,000

23. Gore Mutual Insurance Company .......

0.84

138,532,000

70. RBC Insurance Company Of Canada .

0.07

11,894,000

24. Hannover Ruck SE ..............................

0.82

134,922,000

71. Sirius America Insurance.....................

0.07

11,111,000

25. Promutuel Reassurance ......................

0.77

126,807,000

72. Hartford Fire Insurance .......................

0.06

9,559,000

26. SCOR Canada Reinsurance ................

0.64

105,128,000

73. Triton Insurance ..................................

0.05

8,896,000

27. Portage La Prairie Mutual ....................

0.59

96,607,000

74. Mennonite Mutual Fire Ins Co of SK ...

0.05

7,882,000

28. Swiss Reinsurance Group ...................

0.56

92,436,000

75. Arch Insurance (Canada) .....................

0.05

7,443,000

29. Guarantee Company Of North America

0.56

92,146,000

76. Old Republic Insurance Company ......

0.04

6,902,000

30. Industrielle Alliance Compagnie ..........

0.55

89,945,000

77. Aspen Insurance UK Limited ...............

0.04

6,843,000

31. SSQ, Societe D’Assurances Gen ........

0.54

88,206,000

78. Kings Mutual Insurance Company ......

0.04

6,604,000

32. Allianz Global Risks US .......................

0.53

87,551,000

79. Boiler Inspection & Insurance Co ........

0.04

6,348,000

33. Peace Hills General Insurance ............

0.51

84,523,000

80. Mitsui Sumitomo Insurance.................

0.03

5,656,000

34. Affiliated FM Insurance........................

0.47

77,490,000

81. Berkley Insurance Company ...............

0.03

5,020,000

35. Farm Mutual Reinsurance Plan ...........

0.46

75,978,000

82. Munich Reinsurance America, Inc.......

0.03

4,407,000

36. Partner Reinsurance Company of the U.S

0.45

74,196,000

83. Antigonish Farmers’ Mutual ................

0.02

4,113,000

37. CNA Canada .......................................

0.44

72,486,000

84. Federal Insurance Company ...............

0.02

3,508,000

38. L’Unique Assurances Generales .........

0.43

70,812,000

85. Associated Electric & Gas Insurance ..

0.02

3,248,000

39. Red River Mutual .................................

0.43

70,619,000

86. Sompo Japan Nipponkoa ...................

0.02

2,880,000

40. Alberta Motor Association ...................

0.42

69,158,000

87. Fundy Mutual Insurance ......................

0.02

2,710,000

41. Optimum General Inc ..........................

0.42

68,514,000

88. Everest Insurance Co of Canada ........

0.01

1,857,000

42. Transatlantic Reinsurance ...................

0.33

54,227,000

89. Clare Mutual Insurance Company .......

0.01

1,815,000

43. Wynward Insurance Group .................

0.31

51,140,000

90. The Mearie Group ...............................

0.00

596,000

44. Mutual Fire Insurance Co of BC ..........

0.31

50,433,000

91. Trisura Guarantee Insurance ...............

0.00

287,000

45. Western Financial Insurance ...............

0.30

48,979,000

92. T.H.E. Insurance Company .................

0.00

41,000

0.00

46. Odyssey Reinsurance Company .........

0.29

48,111,000

93. Alea (Bermuda) Ltd..............................

47. Pembridge Insurance Company..........

0.29

47,424,000

TOTAL.................................................

36_Rank Property 2013.indd 36

35,000 16,477,039,000

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How The Private Companies Rank (Automobile) N.P.W. % Market

2014 N.P.W.

% Market

2014 N.P.W.

1. Intact Financial Corporation .............. 18.85

3,990,650,000

43. Hannover Ruck SE ............................

0.13

26,483,000

2. TD Insurance, General Insurance ......

9.68

2,048,676,000

44. Promutuel Reassurance ....................

0.11

23,822,000

3. Aviva Canada Inc ..............................

9.47

2,005,091,000

45. SCOR Canada Reinsurance ..............

0.07

14,402,000

4. Desjardins General Insurance Group

6.44

1,362,894,000

46. ACE INA Insurance ...........................

0.07

14,013,000

5. RSA Canada Group ...........................

6.02

1,274,857,000

47. Transatlantic Reinsurance .................

0.06

11,657,000

6. State Farm Insurance Company .......

5.75

1,217,684,000

48. Odyssey Reinsurance Company .......

0.05

11,480,000

7. Wawanesa Mutual Insurance ............

5.19

1,099,214,000

49. Caisse Centrale De Reassurance ......

0.05

9,714,000

8. Co–operators General Insurance Co.

5.09

1,077,962,000

50. Saskatchewan Mutual Insurance ......

0.04

9,013,000

9. Economical Insurance .......................

5.01

1,060,414,000

51. Everest Reinsurance Company .........

0.04

8,259,000

10. Allstate Insurance Co of Canada.......

4.55

962,408,000

52. Toa Reinsurance Co of America .......

0.04

7,908,000

11. Travelers Canada ..............................

3.56

752,723,000

53. American Road Insurance Company

0.04

7,830,000

12. RBC General Insurance .....................

2.63

556,198,000

54. Tokio Marine & Nichido Fire ..............

0.03

7,334,000

13. Northbridge Financial Corporation ....

2.13

451,198,000

55. General Reinsurance Corp ................

0.03

5,591,000

14. La Capitale Assurances Gen Inc .......

1.60

338,300,000

56. Swiss Reinsurance Group .................

0.02

4,743,000

15. SGI Canada Group ............................

1.16

245,856,000

57. Partner Reinsurance Company of the U.S

0.02

4,246,000

16. Alberta Motor Association .................

1.11

235,363,000

58. Mitsui Sumitomo Insurance...............

0.02

3,714,000

17. Ontario Mutual Insurance ..................

1.00

211,535,000

59. Motors Insurance Corporation ..........

0.02

3,398,000

18. Pembridge Insurance Company........

0.87

184,105,000

60. Federal Insurance Company .............

0.01

2,050,000

19. Zurich Insurance Company Ltd .........

0.86

182,385,000

61. Protective Insurance Company .........

0.01

1,771,000

20. Gore Mutual Insurance Company .....

0.81

171,469,000

62. Sirius America Insurance...................

0.01

1,731,000

21. CAA Insurance Company (Ontario) ..

0.63

132,513,000

63. XL Re America Inc – Cdn Branch ......

0.01

1,461,000

22. Industrielle Alliance Compagnie ........

0.63

132,475,000

64. Ontario School Board’s Insurance ....

0.01

1,318,000

23. SSQ, Societe D’Assurances Gen ......

0.59

125,554,000

65. Sompo Japan Nipponkoa .................

0.01

1,234,000

24. Echelon General Insurance ...............

0.55

117,409,000

66. XL Insurance Company SE ...............

0.01

1,223,000

25. L’Unique Assurances Generales .......

0.46

97,880,000

67. Hartford Fire Insurance .....................

0.01

1,178,000

26. Pafco Insurance Company ................

0.44

93,893,000

68. Le Groupe Estrie–Richelieu ...............

0.00

864,000

27. Canadian Direct Insurance ................

0.44

92,129,000

69. The Mearie Group .............................

0.00

663,000

28. Portage La Prairie Mutual ..................

0.41

86,392,000

70. Everest Insurance Co of Canada ......

0.00

378,000

29. Guarantee Company Of North America .

0.40

84,796,000

71. Munich Reinsurance America, Inc.....

0.00

356,000

30. Chubb Insurance Co of Canada........

0.38

80,889,000

72. Mennonite Mutual Fire Ins Co of SK .

0.00

333,000

31. Unica Insurance ................................

0.30

63,467,000

73. Aspen Insurance UK Limited .............

0.00

124,000

32. Peace Hills General Insurance ..........

0.26

55,435,000

74. Great American Insurance.................

0.00

84,000

33. Old Republic Insurance Company ....

0.23

48,483,000

75. T.H.E. Insurance Company ...............

0.00

28,000

34. AIG Insurance Co Of Canada ............

0.22

45,826,000

76. Corepointe Insurance ........................

0.00

14,000

35. Munich Reinsurance Cda Group .......

0.21

44,880,000

77. Alea (Bermuda) Ltd............................

0.00

7,000

36. Cumis General Insurance ..................

0.20

42,123,000

78. Omega General Insurance ................

0.00

–2,000

37. Farm Mutual Reinsurance Plan .........

0.19

40,919,000

79. Berkley Insurance Company .............

0.00

–12,000

38. Lloyd’s Underwriters .........................

0.19

40,723,000

80. RBC Insurance Company Of Canada .

0.00

–206,000

39. Optimum General Inc ........................

0.18

38,085,000

81. Allianz Global Risks US .....................

0.00

–279,000

82. Arch Insurance (Canada) ...................

0.00

–287,000

40. North Waterloo Farmers Mutual ........

0.16

34,488,000

41. CNA Canada .....................................

0.14

30,133,000

42. Liberty Mutual Insurance ...................

0.13

28,482,000

38_Rank Auto 2013.indd 38

TOTAL............................................................ 21,173,594,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:26 AM

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assuredauto.ca 38_Rank Auto 2013.indd 39

15-06-01 9:26 AM

40-43_Gen Comp 2014.indd 40

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:26 AM

Desjardins General Insurance Group .......

Wawanesa Mutual Insurance ...................

Economical Insurance ..............................

State Farm Insurance Company ..............

Travelers Canada .....................................

Allstate Insurance Co of Canada .............

Northbridge Financial Corporation ...........

Zurich Insurance Company Ltd................

RBC General Insurance............................

AIG Insurance Co Of Canada ...................

Chubb Insurance Co of Canada ..............

10.

11.

12.

13.

14.

15.

16.

17.

SSQ, Societe D’Assurances Gen .............

Liberty Mutual Insurance..........................

Allianz Global Risks US ............................

Factory Mutual Insurance Company ........

27.

29.

30.

Industrielle Alliance Compagnie ...............

26.

28.

CNA Canada ............................................

Pembridge Insurance Company ..............

24.

Alberta Motor Association ........................

23.

25.

Gore Mutual Insurance Company ............

Guarantee Company Of North America ...

21.

22.

SGI Canada Group ...................................

Co–operators General Insurance Co........

20.

Lloyd’s Underwriters ................................

La Capitale Assurances Gen Inc ..............

RSA Canada Group..................................

Ontario Mutual Insurance .........................

TD Insurance, General Insurance .............

18.

Aviva Canada Inc .....................................

19.

Intact Financial Corporation .....................

195,745,000

202,084,000

210,765,000

213,754,000

222,420,000

231,529,000

261,065,000

305,812,000

314,278,000

335,156,000

549,857,000

569,070,000

571,304,000

617,085,000

643,053,000

735,350,000

744,723,000

1,067,709,000

1,257,591,000

1,452,587,000

1,715,373,000

1,877,801,000

2,070,278,000

2,196,398,000

2,215,781,000

2,594,228,000

2,765,167,000

2,915,195,000

3,828,980,000

201,880,000

178,985,000

185,644,000

214,504,000

215,735,000

222,094,000

278,820,000

292,521,000

303,662,000

322,427,000

517,263,000

564,469,000

535,069,000

603,053,000

609,857,000

649,856,000

726,391,000

1,040,367,000

1,198,221,000

1,489,993,000

1,720,067,000

1,845,282,000

2,045,854,000

2,132,834,000

2,164,429,000

2,435,418,000

2,795,072,000

2,861,836,000

3,731,330,000

6,900,072,000

6,875,276,000

Premiums Earned 100% Basis

Net Premiums Written

UNDERWRITING RESULTS

224,681,000

140,894,000

115,847,000

140,568,000

146,986,000

159,174,000

155,353,000

238,301,000

189,978,000

204,412,000

322,436,000

329,868,000

340,928,000

336,055,000

73,508,000

462,705,000

802,784,000

638,410,000

795,262,000

1,001,821,000

1,302,575,000

1,297,274,000

1,584,024,000

1,447,688,000

1,484,192,000

1,434,258,000

1,892,671,000

2,399,324,000

2,493,329,000

4,478,159,000

Net Claims & Adjusting Expenses

–16,640,000

11,997,000

5,730,000

7,166,000

5,661,000

43,045,000

56,704,000

34,102,000

76,663,000

65,542,000

118,349,000

112,421,000

60,958,000

98,853,000

56,079,000

62,954,000

164,958,000

103,515,000

264,938,000

240,362,000

356,919,000

374,540,000

31,993,000

294,567,000

568,123,000

426,375,000

343,098,000

747,110,000

1,141,017,000

Commissions

(Continued On Page 42)

111.29

78.72

62.40

65.53

68.13

71.67

55.72

81.46

62.56

63.40

62.34

58.44

63.72

55.73

12.05

71.20

110.52

61.36

66.37

67.24

75.73

70.30

77.43

67.88

68.57

58.89

67.71

83.84

66.82

64.90

Earned Loss Ratio

12,763,000

10,335,000

8,311,000

7,216,000

7,892,000

7,076,000

8,278,000

9,280,000

9,783,000

11,835,000

24,176,000

1,538,000

17,236,000

22,462,000

31,935,000

21,444,000

18,632,000

39,062,000

38,026,000

52,344,000

68,172,000

64,984,000

74,153,000

70,212,000

67,298,000

65,569,000

101,147,000

93,557,000

127,595,000

246,525,000

Taxes

44,699,000

29,831,000

34,423,000

50,492,000

52,290,000

21,933,000

30,764,000

35,697,000

55,554,000

37,439,000

64,727,000

112,621,000

118,353,000

92,008,000

70,789,000

154,107,000

113,725,000

167,245,000

195,836,000

232,533,000

213,018,000

206,098,000

156,906,000

491,779,000

348,237,000

9,196,000

351,133,000

315,769,000

286,442,000

775,369,000

General Expenses

20.22

29.14

26.11

30.24

30.52

32.44

34.34

27.03

46.76

35.61

40.07

40.14

36.73

35.37

26.04

27.01

26.89

35.69

28.16

36.90

30.32

34.03

29.60

27.85

32.81

26.40

31.44

26.29

31.12

31.35

Total Expense Ratio

131.51

107.86

88.51

95.77

98.65

104.11

90.06

108.49

109.32

99.01

102.41

98.58

100.45

91.10

38.09

98.21

137.41

97.05

94.53

104.14

106.05

104.33

107.03

95.73

101.38

85.29

99.15

110.13

97.94

96.25

Combined Loss & Exp. Ratio

–63,623,000

–14,072,000

21,333,000

9,062,000

2,941,000

–3,826,000

27,532,000

–15,755,000

–28,319,000

9,108,000

–5,541,000

19,206,000

–3,346,000

53,675,000

378,565,000

11,600,000

–256,462,000

35,478,000

92,773,000

–45,754,000

–99,001,000

–54,437,000

–111,738,000

81,957,000

–4,721,000

358,272,000

54,354,000

–289,912,000

76,854,000

334,084,000

Undrwtg. Profit or Loss

GENERAL COMPANIES (PRIVATE SECTOR) RESULTS

38,601,000

16,160,000

27,092,000

6,689,000

2,452,000

12,035,000

35,436,000

22,448,000

26,360,000

33,815,000

48,117,000

95,464,000

23,975,000

54,240,000

135,867,000

31,812,000

67,797,000

328,035,000

77,339,000

118,387,000

256,440,000

161,503,000

303,846,000

131,601,000

179,702,000

120,816,000

203,816,000

180,439,000

278,080,000

482,059,000

Inv. Income

(from figures supplied by the companies for 2014 business transacted in Canada)

–0.09

1.80

7.74

11.27

7.75

4.57

10.24

4.51

0.77

12.97

13.48

7.60

11.94

10.80

29.45

10.69

–19.57

18.49

17.86

3.56

6.37

5.17

5.60

12.90

9.57

27.08

24.12

10.09

3.05

12.32

Return on Equity

Stay focused on the big picture

While we manage the details

Partner with Crawford and streamline your business with our full suite of services catered to risk managers Crawford Risk Management Services (RMS) offers a range of services that meet the specific needs of the risk management community. Our services include: • Third Party Administration/ Program Management

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• Legal Services

• Trust Account Management

• Disability & Absenteeism Services

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• Subrogation

• Contractor Connection™ Vendor Management Program

• Audit Services

• Data Management • CLAIMSALERT®

www.crawfordandcompany.ca

40-43_Gen Comp 2014.indd 41

15-06-01 9:26 AM

40-43_Gen Comp 2014.indd 42

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:26 AM

Peace Hills General Insurance .................

Canadian Direct Insurance .......................

FCT...........................................................

Optimum General Inc ...............................

Lawyers’ Professional Indemnity .............

RBC Insurance Company Of Canada ......

ACE INA Insurance..................................

Unica Insurance .......................................

Boiler Inspection & Insurance Company ..

Cumis General Insurance .........................

Stewart Title Guaranty Company .............

35.

36.

37.

38.

39.

40.

41.

42.

43.

44.

45.

Great American Insurance........................

Ontario School Board’s Insurance ...........

Triton Insurance .......................................

Le Groupe Estrie–Richelieu ......................

Tokio Marine & Nichido Fire .....................

Co–operative Hail Ins Co Ltd ...................

59.

60.

61.

62.

63.

64.

Western Financial Insurance ....................

Berkley Insurance Company ....................

57.

58.

Motors Insurance Corporation .................

Saskatchewan Mutual Insurance .............

Mutual Fire Insurance Co of BC ...............

54.

55.

Old Republic Insurance Company ...........

53.

56.

Wynward Insurance Group ......................

Trisura Guarantee Insurance ....................

51.

Red River Mutual......................................

50.

52.

Affiliated FM Insurance ............................

North Waterloo Farmers Mutual ...............

48.

49.

XL Insurance Company SE ......................

Echelon General Insurance ......................

34.

Pafco Insurance Company .......................

CAA Insurance Company (Ontario) .........

33.

46.

L’Unique Assurances Generales ..............

32.

47.

Portage La Prairie Mutual.........................

31.

29,015,000

32,292,000

33,838,000

36,445,000

39,326,000

40,900,000

43,980,000

48,979,000

50,009,000

50,808,000

52,945,000

58,707,000

63,423,000

69,447,000

74,915,000

83,881,000

86,439,000

93,893,000

94,242,000

95,066,000

96,121,000

105,684,000

107,643,000

110,064,000

111,544,000

114,920,000

123,695,000

131,629,000

132,337,000

139,958,000

156,328,000

175,255,000

175,853,000

29,015,000

29,962,000

32,953,000

38,935,000

39,847,000

41,124,000

43,810,000

48,864,000

49,049,000

56,252,000

47,746,000

59,757,000

55,501,000

63,031,000

71,307,000

81,145,000

89,730,000

89,900,000

87,891,000

95,066,000

95,233,000

98,573,000

107,177,000

112,613,000

187,201,000

114,900,000

117,447,000

131,629,000

130,410,000

131,826,000

150,070,000

181,766,000

159,765,000

193,621,000

$ 190,934,000

Premiums Earned 100% Basis

Net Premiums Written

UNDERWRITING RESULTS

24,294,000

13,957,000

19,170,000

8,451,000

26,832,000

13,119,000

34,926,000

27,695,000

29,179,000

30,836,000

30,157,000

39,815,000

9,653,000

39,342,000

41,927,000

53,519,000

75,254,000

47,733,000

40,351,000

28,875,000

60,360,000

29,705,000

71,814,000

92,262,000

95,443,000

99,585,000

65,428,000

42,586,000

87,235,000

85,040,000

86,709,000

113,052,000

103,158,000

147,875,000

Net Claims & Adjusting Expenses

1,598,000

3,943,000

7,004,000

12,000

17,940,000

11,096,000

1,434,000

9,804,000

897,000

12,652,000

7,984,000

17,326,000

13,740,000

18,802,000

18,160,000

8,952,000

13,211,000

4,333,000

12,891,000

25,584,000

18,982,000

–7,020,000

16,538,000

–1,679,000

18,248,000

74,000

1,570,000

26,080,000

28,501,000

3,926,000

27,487,000

40,425,000

Commissions

(Continued On Page 43)

83.73

46.58

58.17

21.71

67.34

31.90

79.72

56.68

59.49

54.82

63.16

66.63

17.39

62.42

58.80

65.95

83.87

53.10

45.91

30.37

63.38

30.14

67.01

81.93

50.98

86.67

55.71

32.35

66.89

64.51

57.78

62.20

64.57

76.37

Earned Loss Ratio

1,409,000

848,000

919,000

1,206,000

2,753,000

1,542,000

2,453,000

2,659,000

2,963,000

1,604,000

2,381,000

2,663,000

3,196,000

3,432,000

2,723,000

5,589,000

2,806,000

4,988,000

2,972,000

4,890,000

1,128,000

3,353,000

10,656,000

4,755,000

3,665,000

5,062,000

4,371,000

5,353,000

6,957,000

5,236,000

5,941,000

5,615,000

8,799,000

Taxes

2,213,000

5,861,000

4,623,000

4,239,000

2,482,000

8,965,000

12,299,000

15,534,000

8,401,000

2,508,000

5,455,000

6,050,000

19,879,000

9,820,000

8,791,000

10,613,000

13,973,000

9,921,000

24,848,000

49,763,000

12,459,000

20,203,000

15,880,000

24,466,000

46,276,000

16,830,000

23,596,000

74,020,000

31,121,000

22,635,000

29,345,000

58,624,000

25,562,000

28,789,000

General Expenses

17.99

35.55

35.28

13.28

9.26

72.12

56.92

39.75

42.54

11.32

41.28

27.47

71.83

42.45

43.51

38.81

31.78

28.85

38.88

55.47

31.75

47.59

35.66

24.95

36.09

16.38

39.94

59.61

29.17

42.23

42.04

37.68

36.72

40.29

Total Expense Ratio

101.72

82.13

93.45

34.99

76.60

104.02

136.64

96.43

102.03

66.14

104.44

94.10

89.22

104.87

102.31

104.76

115.65

81.95

84.79

85.84

95.13

77.73

102.67

106.88

87.07

103.05

95.65

91.96

96.06

106.74

99.82

99.88

101.29

116.66

Combined Loss & Exp. Ratio

–500,000

5,414,000

2,156,000

25,314,000

9,327,000

8,019,000

–12,741,000

2,560,000

–567,000

19,055,000

–1,941,000

3,527,000

7,857,000

–3,067,000

–560,000

–2,741,000

–14,048,000

19,333,000

13,241,000

13,456,000

1,536,000

21,953,000

–480,000

–7,751,000

24,189,000

–3,501,000

5,103,000

10,578,000

6,958,000

–6,469,000

2,456,000

4,182,000

1,081,000

–28,623,000

Undrwtg. Profit or Loss

3,220,000

1,720,000

3,749,000

5,200,000

8,311,000

5,179,000

2,405,000

455,000

3,225,000

13,961,000

2,475,000

3,916,000

2,936,000

12,123,000

4,930,000

4,158,000

10,888,000

8,972,000

10,832,000

3,242,000

5,958,000

4,837,000

13,283,000

25,794,000

12,401,000

26,472,000

4,523,000

6,375,000

6,012,000

6,978,000

13,205,000

10,264,000

7,026,000

18,137,000

Inv. Income

(from figures supplied by the companies for 2014 business transacted in Canada)

GENERAL COMPANIES (PRIVATE SECTOR) RESULTS

(Continued From Page 40)

0.40

4.03

6.65

21.32

20.17

3.97

–4.21

9.60

5.49

4.62

1.60

9.67

14.27

17.46

5.73

2.41

–0.30

32.35

7.61

14.50

8.37

24.91

10.14

8.52

20.58

8.56

11.21

11.15

13.39

0.95

10.90

8.88

10.58

–5.01

Return on Equity

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

40-43_Gen Comp 2014.indd 43

15-06-01 9:26 AM

Arch Insurance (Canada) ..........................

Federal Insurance Company ....................

DAS Legal Protection Insurance Company

Legacy General Insurance .......................

Mennonite Mutual Fire Ins Company of SK

The Mearie Group ....................................

American Road Insurance Company .......

Everest Insurance Co of Canada .............

Kings Mutual Insurance Company ...........

Sompo Japan Nipponkoa ........................

Pacific Coast Fishermen’s Mutual Marine

Antigonish Farmers’ Mutual .....................

Atradius Credit Insurance N.V ..................

Fundy Mutual Insurance...........................

Clare Mutual Insurance Company............

Protective Insurance Company ................

Corepointe Insurance ...............................

Security Ins Co of Hartford ......................

73.

74.

75.

76.

77.

78.

79.

80.

81.

82.

83.

84.

85.

86.

87.

88.

89.

90.

53,000

1,771,000

1,856,000

2,753,000

3,848,000

4,625,000

5,643,000

6,737,000

7,460,000

7,482,000

7,830,000

7,843,000

8,773,000

9,969,000

12,600,000

12,844,000

13,065,000

13,669,000

14,414,000

16,814,000

17,795,000

20,198,000

25,187,000

26,033,000

26,256,000

42,305,786,000

60,000

1,765,000

1,850,000

2,657,000

3,894,000

4,472,000

5,652,000

6,319,000

7,190,000

5,685,000

7,830,000

7,735,000

8,700,000

8,306,000

6,576,000

13,485,000

17,089,000

14,516,000

14,142,000

11,805,000

17,021,000

19,817,000

24,943,000

21,900,000

26,256,000

TOTALS ................................................... 43,081,447,000

Hartford Fire Insurance ............................

Western Surety Company ........................

71.

72.

PEI Mutual Insurance Company...............

Euler Hermes North America Insurance ...

69.

70.

Omega General Insurance .......................

Mitsui Sumitomo Insurance .....................

67.

Associated Electric & Gas Insurance .......

66.

68.

Chicago Title ............................................

65.

Premiums Earned 100% Basis

Net Premiums Written

UNDERWRITING RESULTS

28,623,165,000

–611,000

–367,000

6,673,000

636,000

1,594,000

2,048,000

2,924,000

580,000

1,883,000

3,171,000

5,901,000

9,087,000

1,741,000

5,327,000

2,296,000

3,772,000

6,176,000

8,267,000

2,315,000

12,182,000

6,939,000

12,872,000

10,752,000

14,036,000

46,741,000

7,428,000

Net Claims & Adjusting Expenses

67.66

0.00

–611.67

378.07

34.38

59.99

52.59

65.38

10.26

29.80

44.10

103.80

116.05

22.51

61.23

27.64

57.36

45.80

48.38

15.95

86.14

58.78

75.62

54.26

56.27

213.43

28.29

Earned Loss Ratio

6,261,331,000

189,000

155,000

649,000

–1,160,000

735,000

888,000

1,470,000

–4,864,000

1,440,000

2,171,000

1,473,000

1,084,000

–14,917,000

17,692,000

768,000

–5,553,000

2,285,000

1,875,000

8,966,000

–2,367,000

10,758,000

Commissions

1,477,299,000

2,000

101,000

129,000

323,000

223,000

178,000

258,000

1,300,000

265,000

397,000

392,000

265,000

186,000

25,000

2,970,000

557,000

487,000

1,601,000

197,000

742,000

1,296,000

825,000

857,000

Taxes

5,615,913,000

274,000

109,000

335,000

1,075,000

1,413,000

4,355,000

1,098,000

957,000

1,975,000

2,792,000

7,626,000

557,000

2,167,000

2,061,000

2,155,000

5,219,000

3,112,000

24,548,000

1,916,000

2,771,000

8,180,000

3,547,000

3,440,000

1,205,000

5,948,000

2,021,000

General Expenses

31.57

0.00

185.00

35.41

66.49

82.46

90.34

45.97

16.93

48.12

62.87

71.45

10.50

33.15

44.75

55.27

104.59

31.30

73.74

138.92

28.47

35.82

35.42

30.56

45.97

20.12

51.93

Total Expense Ratio

99.22

0.00

–426.67

413.48

100.87

142.45

142.93

111.35

27.19

77.92

106.97

175.25

126.55

55.66

105.98

82.91

161.95

77.10

122.12

154.87

114.61

94.60

111.04

84.82

102.24

233.55

80.22

Combined Loss & Exp. Ratio

661,600,000

337,000

316,000

–5,533,000

88,000

–1,076,000

–1,489,000

–361,000

4,115,000

1,395,000

–862,000

–4,262,000

–2,079,000

3,818,000

–380,000

1,419,000

–4,074,000

3,088,000

–3,779,000

246,000

–2,066,000

2,048,000

–1,880,000

3,008,000

–560,000

–29,671,000

5,201,000

Undrwtg. Profit or Loss

3,807,756,000

1,042,000

758,000

189,000

83,000

970,000

131,000

942,000

421,000

1,487,000

1,347,000

1,274,000

393,000

3,981,000

431,000

375,000

152,000

2,215,000

4,254,000

1,232,000

2,992,000

1,401,000

3,574,000

2,093,000

640,000

1,156,000

638,000

Inv. Income

(from figures supplied by the companies for 2014 business transacted in Canada)

GENERAL COMPANIES (PRIVATE SECTOR) RESULTS

(Continued From Page 42)

3.11

8.11

–0.24

10.69

–0.13

–0.16

5.14

62.55

3.17

1.61

–4.72

0.06

12.56

0.47

0.00

–69.79

6.78

1.66

5.25

0.65

6.56

3.45

8.58

0.62

0.00

7.71

Return on Equity

44-47_Totl Dir Writ Bus 2013.indd 44

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:26 AM

Liberty Mutual Insurance ..........................

Pembridge Insurance Company...............

Industrielle Alliance Compagnie ...............

SSQ, Societe D’Assurances Gen .............

Peace Hills General Insurance .................

29.

30.

31.

32.

Alberta Motor Association ........................

24.

28.

Allianz Global Risks US ............................

23.

Factory Mutual Insurance Company ........

Gore Mutual Insurance Company ............

22.

27.

Guarantee Company Of North America ...

21.

ACE INA Insurance ..................................

La Capitale Assurances Gen Inc ..............

20.

CNA Canada.............................................

SGI Canada Group ...................................

19.

25.

Chubb Insurance Co of Canada...............

18.

26.

RBC General Insurance ............................

Ontario Mutual Insurance .........................

16.

17.

213,607,000

219,550,000

222,440,000

232,219,000

240,938,000

246,098,000

264,683,000

318,461,000

320,352,000

357,543,000

363,024,000

363,531,000

558,635,000

592,385,000

663,010,000

670,836,000

749,448,000

978,678,000

AIG Insurance Co Of Canada ................... 1,075,729,000

Northbridge Financial Corporation ........... 1,207,132,000

13.

Zurich Insurance Company Ltd ................

Allstate Insurance Co of Canada.............. 1,261,728,000

12.

14.

Travelers Canada ...................................... 1,570,650,000

11.

15.

Economical Insurance .............................. 1,958,769,000

Lloyd’s Underwriters................................. 2,124,425,000

State Farm Insurance Company............... 1,718,248,000

Wawanesa Mutual Insurance ................... 2,192,527,000

Desjardins General Insurance Group ....... 2,235,650,000

10.

RSA Canada Group .................................. 2,969,586,000

Co–operators General Insurance Co ........ 2,279,935,000

TD Insurance, General Insurance ............. 3,006,249,000

Intact Financial Corporation ..................... 7,328,429,000

Aviva Canada Inc...................................... 3,958,205,000

Totals $

Company

3,141,000

7,636,000

1,144,000

3,610,000

7,067,000

97,000

2,199,000

4,000

4,086,000

8,044,000

8,836,000

12,425,000

26,464,000

30,597,000

13,672,000

32,289,000

7,947,000

76,597,000

159,157,000

25,941,000

129,900,000

148,582,000

Nfld. $

313,000

946,000

133,000

596,000

673,000

1,000

1,482,000

336,000

3,147,000

991,000

1,350,000

4,975,000

17,851,000

5,744,000

4,845,000

10,559,000

4,358,000

18,542,000

8,678,000

8,274,000

16,014,000

8,485,000

P.E.I. $

14,515,000

2,711,000

4,689,000

2,058,000

4,377,000

4,926,000

299,000

6,185,000

3,078,000

16,281,000

11,296,000

17,292,000

26,080,000

36,031,000

50,691,000

60,641,000

39,125,000

71,402,000

29,673,000

67,775,000

132,951,000

78,701,000

121,853,000

173,583,000

N.S. $

219,550,000

222,440,000

1,722,000

53,102,000

43,520,000

37,124,000

40,151,000

51,932,000

52,272,000

558,635,000

5,000

100,319,000

30,816,000

170,554,000

142,448,000

185,554,000

96,119,000

47,626,000

123,814,000

330,756,000

59,188,000

1,210,242,000

86,445,000

381,841,000

188,550,000

468,227,000

1,988,143,000

Quebec $

(Continued On Page 46)

16,572,000

7,905,000

10,393,000

2,388,000

7,565,000

2,772,000

63,000

4,263,000

4,000

3,396,000

11,338,000

10,859,000

18,866,000

23,164,000

54,430,000

24,420,000

45,456,000

60,572,000

35,616,000

106,589,000

16,536,000

58,733,000

64,405,000

52,623,000

92,311,000

94,314,000

N.B. $

181,378,000

85,556,000

75,183,000

95,189,000

130,215,000

38,000

107,585,000

289,606,000

243,277,000

58,501,000

357,260,000

670,836,000

590,317,000

413,884,000

372,893,000

508,093,000

950,481,000

1,041,835,000

1,493,898,000

1,119,618,000

601,606,000

596,572,000

832,765,000

1,072,528,000

1,214,678,000

1,810,460,000

2,085,811,000

3,084,667,000

Ontario $

13,681,000

3,814,000

10,205,000

14,383,000

10,383,000

3,496,000

11,471,000

210,000

5,265,000

18,822,000

8,418,000

1,236,000

17,745,000

20,991,000

23,123,000

17,171,000

11,164,000

50,400,000

112,488,000

7,192,000

41,209,000

30,644,000

7,311,000

94,617,000

75,985,000

Manitoba $

(Excludes A&S and Reinsurance Companies)

By company – on a province by province basis

6,824,000

5,003,000

14,055,000

9,394,000

15,074,000

21,000

10,891,000

174,000

1,893,000

428,210,000

5,646,000

1,941,000

19,687,000

26,621,000

45,913,000

9,735,000

4,869,000

53,904,000

130,994,000

1,489,000

81,098,000

20,063,000

3,853,000

58,615,000

16,784,000

Sask. $

Alberta $

145,012,000

17,954,000

57,624,000

30,359,000

58,528,000

61,647,000

316,632,000

84,504,000

3,543,000

25,463,000

86,701,000

91,443,000

74,262,000

200,067,000

320,213,000

219,193,000

124,335,000

209,938,000

178,398,000

268,563,000

434,201,000

875,818,000

117,035,000

629,348,000

485,298,000

783,032,000

603,092,000

1,299,755,000

2014 TOTAL DIRECT WRITTEN BUSINESS

44,250,000

21,122,000

48,277,000

43,193,000

42,720,000

165,000

72,394,000

68,948,000

20,458,000

102,000

88,101,000

10,888,000

118,820,000

133,498,000

137,805,000

1,000

114,694,000

289,436,000

523,084,000

221,561,000

5,923,000

136,157,000

457,275,000

28,597,000

264,877,000

418,576,000

B.C. $

1,836,000

14,000

102,000

99,000

166,000

531,000

964,000

21,000

31,000

10,000

209,000

412,000

1,171,000

2,648,000

1,423,000

58,000

1,103,000

108,000

179,000

4,912,000

6,916,000

778,000

6,968,000

6,734,000

10,502,000

7,573,000

4,497,000

Yukon $

1,279,000

51,000

518,000

162,000

520,000

516,000

1,781,000

49,000

731,000

19,000

340,000

350,000

3,519,000

3,434,000

2,618,000

218,000

2,909,000

302,000

341,000

7,122,000

342,000

1,503,000

4,229,000

4,396,000

7,563,000

14,556,000

13,135,000

N.W.T. $

725,000

13,000

27,000

574,000

463,000

1,076,000

583,000

13,000

12,000

7,000

378,000

416,000

1,249,000

3,050,000

2,727,000

55,000

2,080,000

86,000

156,000

6,565,000

98,000

209,000

306,000

3,466,000

842,000

759,000

1,923,000

Nunavut $

BURNS & CONQUER THE HARDTO-PLACE WILCOX EXPERTISE IS OUR MIDDLE NAME. With our global expertise, you have the right solutions for all your hard-to-place risks. Ensure your success with Burns & Wilcox Canada.

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44-47_Totl Dir Writ Bus 2013.indd 45

15-06-01 9:26 AM

44-47_Totl Dir Writ Bus 2013.indd 46

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:26 AM

Optimum General Inc ...............................

37.

38.

Berkley Insurance Company ....................

Co–operative Hail Ins Co Ltd ...................

Le Groupe Estrie–Richelieu ......................

Euler Hermes North America Insurance ...

Ontario School Board’s Insurance............

Triton Insurance ........................................

Omega General Insurance........................

Boiler Inspection & Insurance Company ..

60.

61.

62.

63.

64.

65.

66.

67.

Tokio Marine & Nichido Fire......................

Western Financial Insurance ....................

59.

68.

Everest Insurance Co of Canada..............

Old Republic Insurance Company ...........

54.

Great American Insurance ........................

Arch Insurance (Canada) ..........................

53.

58.

Red River Mutual ......................................

52.

57.

Wynward Insurance Group .......................

51.

Mutual Fire Insurance Co of BC ...............

Motors Insurance Corporation .................

50.

Saskatchewan Mutual Insurance .............

Trisura Guarantee Insurance ....................

49.

56.

North Waterloo Farmers Mutual ...............

48.

55.

Stewart Title Guaranty Company .............

Pafco Insurance Company .......................

46.

47.

Cumis General Insurance .........................

Affiliated FM Insurance .............................

44.

Unica Insurance........................................

43.

45.

FCT ...........................................................

Lawyers’ Professional Indemnity..............

41.

42.

Canadian Direct Insurance .......................

Echelon General Insurance ......................

36.

XL Insurance Company SE.......................

RBC Insurance Company Of Canada ......

35.

39.

CAA Insurance Company (Ontario) .........

34.

40.

Portage La Prairie Mutual .........................

L’Unique Assurances Generales ..............

33.

Company

30,338,000

35,174,000

35,554,000

36,445,000

42,420,000

45,989,000

46,594,000

46,959,000

47,849,000

48,979,000

53,690,000

60,762,000

62,772,000

69,768,000

73,797,000

78,877,000

84,518,000

86,466,000

90,361,000

90,620,000

93,853,000

94,067,000

95,066,000

100,136,000

104,059,000

114,700,000

122,149,000

136,395,000

142,861,000

143,468,000

156,181,000

166,038,000

184,465,000

184,729,000

184,772,000

212,853,000

Totals $

(Continued From Page 56)

168,000

278,000

351,000

1,890,000

145,000

493,000

333,000

209,000

689,000

943,000

1,186,000

83,000

893,000

480,000

607,000

745,000

2,397,000

1,438,000

263,000

1,803,000

69,000

17,000

1,371,000

Nfld. $

63,000

66,000

50,000

270,000

119,000

97,000

128,000

186,000

47,000

48,000

187,000

259,000

112,000

311,000

373,000

929,000

5,000

396,000

74,000

765,000

695,000

1,479,000

3,870,000

P.E.I. $

217,000

960,000

444,000

1,357,000

530,000

532,000

2,061,000

935,000

1,451,000

136,000

2,307,000

3,690,000

48,000

1,502,000

3,499,000

1,849,000

775,000

2,941,000

5,000

2,341,000

3,755,000

16,297,000

3,562,000

4,377,000

195,000

38,937,000

N.S. $

62,000

916,000

253,000

1,135,000

379,000

137,000

576,000

494,000

1,466,000

1,092,000

1,998,000

2,288,000

41,000

1,707,000

2,100,000

1,245,000

274,000

4,922,000

2,899,000

4,454,000

841,000

1,827,000

4,879,000

244,000

12,702,000

N.B. $

2,600,000

7,010,000

460,000

6,262,000

13,952,000

46,594,000

8,542,000

2,235,000

12,116,000

1,770,000

481,000

7,235,000

1,882,000

230,000

9,133,000

20,960,000

3,620,000

45,025,000

4,000

7,632,000

18,653,000

33,908,000

13,059,000

25,576,000

182,815,000

Quebec $

16,216,000

12,644,000

11,705,000

12,914,000

42,420,000

26,362,000

22,628,000

21,570,000

23,425,000

18,474,000

1,481,000

60,817,000

34,151,000

18,656,000

74,764,000

38,616,000

93,853,000

67,499,000

76,438,000

32,868,000

63,815,000

114,677,000

121,945,000

80,501,000

58,769,000

47,910,000

94,783,000

84,076,000

170,296,000

416,000

46,896,000

Ontario $

243,000

439,000

153,000

1,375,000

291,000

5,292,000

815,000

1,543,000

1,018,000

2,494,000

7,240,000

3,555,000

119,000

3,624,000

76,396,000

8,986,000

248,000

3,421,000

1,100,000

1,852,000

12,283,000

67,000

5,661,000

3,903,000

6,672,000

609,000

7,359,000

1,825,000

18,000

52,425,000

Manitoba $

By company – on a province by province basis (Excludes A&S and Reinsurance Companies)

2014 TOTAL DIRECT WRITTEN BUSINESS

67,000

2,353,000

211,000

1,190,000

559,000

41,667,000

350,000

747,000

950,000

3,530,000

39,401,000

3,312,000

108,000

1,889,000

8,122,000

17,474,000

1,130,000

3,535,000

828,000

1,936,000

3,968,000

15,000

4,783,000

4,827,000

385,000

402,000

3,957,000

1,803,000

3,000

13,264,000

Sask. $

3,972,000

4,227,000

11,536,000

5,611,000

1,239,000

6,596,000

8,726,000

5,849,000

19,344,000

16,131,000

9,014,000

7,886,000

17,262,000

13,742,000

8,939,000

13,440,000

2,919,000

5,702,000

9,151,000

23,000

104,000

18,046,000

28,622,000

68,042,000

8,878,000

17,380,000

27,690,000

631,000

41,573,000

Alberta $

6,719,000

6,170,000

10,347,000

4,142,000

2,558,000

7,960,000

10,749,000

8,251,000

11,798,000

52,406,000

2,315,000

9,143,000

17,890,000

4,888,000

17,525,000

6,252,000

10,640,000

5,283,000

2,000

11,301,000

17,517,000

75,397,000

58,428,000

21,523,000

27,360,000

1,000

433,000

1,815,000

B.C. $

1,000

7,000

19,000

169,000

4,000

80,000

42,000

112,000

42,000

40,000

102,000

–2,000

458,000

1,000

3,000

178,000

202,000

5,000

44,000

203,000

Yukon $

10,000

74,000

23,000

130,000

43,000

64,000

55,000

67,000

42,000

33,000

311,000

–6,000

252,000

6,000

19,000

81,000

12,000

188,000

550,000

20,000

63,000

316,000

N.W.T. $

30,000

2,000

7,000

36,000

22,000

65,000

–2,000

26,000

2,000

5,000

3,000

6,000

72,000

97,000

4,000

9,000

41,000

Nunavut $

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

44-47_Totl Dir Writ Bus 2013.indd 47

15-06-01 9:26 AM

1,000 728,010,000

1,000

6,000

1,000

79,000

47,000

134,000

3,000

103,000

994,000

355,000

Nfld. $

39,000

Corepointe Insurance ...............................

87.

870,000

2,171,000

2,933,000

3,628,000

5,859,000

6,039,000

6,320,000

7,830,000

8,475,000

10,840,000

11,294,000

12,777,000

16,055,000

16,459,000

19,728,000

22,409,000

23,639,000

26,489,000

Totals $

Totals ....................................................... 46,070,278,000

Federal Insurance Company ....................

Sompo Japan Nipponkoa ........................

80.

Protective Insurance Company ................

American Road Insurance Company .......

79.

86.

Kings Mutual Insurance Company ...........

78.

85.

DAS Legal Protection Insurance Company

77.

Clare Mutual Insurance Company ............

Atradius Credit Insurance N.V ..................

76.

Fundy Mutual Insurance ...........................

The Mearie Group.....................................

75.

84.

Hartford Fire Insurance.............................

74.

83.

Mennonite Mutual Fire Ins Company of SK

73.

Pacific Coast Fishermen’s Mutual Marine

PEI Mutual Insurance Company ...............

72.

Antigonish Farmers’ Mutual .....................

Mitsui Sumitomo Insurance......................

71.

82.

Western Surety Company ........................

70.

81.

Chicago Title ............................................

69.

Company

148,644,000

2,000

3,000

6,000

19,000

1,000

19,728,000

7,000

5,000

51,000

P.E.I. $

1,090,241,000

1,000

40,000

2,933,000

5,859,000

3,000

246,000

8,472,000

157,000

26,000

240,000

690,000

658,000

N.S. $

879,624,000

1,000

5,000

33,000

3,628,000

2,000

114,000

–3,000

99,000

18,000

87,000

820,000

336,000

N.B. $

7,374,261,000

4,000

130,000

269,000

375,000

2,102,000

264,000

1,394,000

621,000

2,706,000

8,000

3,539,000

Quebec $

21,742,462,000

17,000

568,000

1,435,000

4,153,000

1,990,000

6,807,000

2,469,000

12,777,000

5,466,000

12,408,000

3,166,000

14,891,000

Ontario $

828,844,000

1,000

9,000

20,000

19,000

181,000

419,000

2,340,000

1,009,000

388,000

1,625,000

383,000

Manitoba $

By company – on a province by province basis (Excludes A&S and Reinsurance Companies)

2014 TOTAL DIRECT WRITTEN BUSINESS

1,162,199,000

2,000

11,000

14,000

99,000

435,000

1,336,000

39,000

2,059,000

16,459,000

174,000

5,675,000

379,000

Sask. $

8,212,313,000

9,000

25,000

253,000

907,000

2,023,000

557,000

3,565,000

5,670,000

4,074,000

7,503,000

3,494,000

Alberta $

3,738,322,000

3,000

119,000

97,000

6,039,000

761,000

609,000

1,086,000

1,353,000

1,180,000

2,003,000

2,974,000

2,363,000

B.C. $

61,795,000

1,000

12,000

2,000

78,000

4,000

20,000

Yukon $

75,255,000

39,000

46,000

2,000

119,000

174,000

19,000

N.W.T. $

28,308,000

1,000

22,000

1,000

Nunavut $

48-52_DW Auto 2013.indd 48

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:26 AM

1,082,196,000 1,075,690,000

Aviva Canada Inc ..............................

Desjardins General Insurance Group

RSA Canada Group...........................

State Farm Insurance Company .......

Wawanesa Mutual Insurance ............

Co–operators General Insurance Co

Economical Insurance .......................

Allstate Insurance Co of Canada ......

Travelers Canada ..............................

RBC General Insurance.....................

Northbridge Financial Corporation ....

La Capitale Assurances Gen Inc .......

10.

11.

12.

13.

14.

6,053,000

8,181,000

38,287,000

99,408,000 94,543,000

Alberta Motor Association .................

Zurich Insurance Company Ltd.........

Pembridge Insurance Company .......

Gore Mutual Insurance Company .....

CAA Insurance Company (Ontario) ..

Industrielle Alliance Compagnie ........

SSQ, Societe D’Assurances Gen ......

Echelon General Insurance ...............

Guarantee Company Of North America .

Canadian Direct Insurance ................

Pafco Insurance Company ................

Portage La Prairie Mutual..................

Chubb Insurance Co of Canada .......

Unica Insurance ................................

L’Unique Assurances Generales .......

Peace Hills General Insurance ..........

AIG Insurance Co Of Canada ............

Old Republic Insurance Company ....

17.

18.

19.

20.

21.

22.

23.

24.

25.

26.

27.

28.

29.

30.

31.

32.

33.

34.

259,417,000

60,584,000

70,990,000

72,019,000

80,317,000

80,533,000

81,401,000

88,525,000

94,067,000

123,201,000

125,833,000

129,460,000

138,264,000

180,406,000

184,447,000

192,636,000

241,058,000

250,382,000

Ontario Mutual Insurance ..................

SGI Canada Group ............................

15.

319,047,000

474,213,000

568,887,000

554,000

415,000

166,000

786,000

67,000

1,899,000

9,280,000

6,954,000

764,659,000 16,760,000

964,209,000

1,119,923,000

1,217,684,000

1,281,810,000 100,070,000

1,367,182,000

16.

Illustration by Scot Ritchie

18,803,000

98,959,000

Nfld. $

2,008,839,000 84,525,000

2,060,167,000

TD Insurance, General Insurance ......

3,998,567,000

Intact Financial Corporation ..............

Totals $

Company

26,000

329,000

5,000

3,086,000

401,000

718,000

1,162,000

162,000

1,960,000

2,816,000

11,385,000

3,018,000

10,213,000

8,951,000

4,336,000

3,574,000

10,352,000

7,127,000

4,329,000

P.E.I. $

18,000

1,394,000

124,000

24,569,000

3,499,000

1,489,000

15,333,000

2,749,000

9,826,000

4,746,000

10,402,000

10,859,000

25,630,000

25,082,000

29,832,000

30,015,000

47,371,000

58,822,000

19,439,000

67,657,000

53,266,000

86,171,000

N.S. $

122,000

6,892,000

80,622,000

6,616,000

20,960,000

4,178,000

10,643,000

125,833,000

129,460,000

1,000

28,325,000

319,047,000

57,888,000

16,062,000

2,481,000

58,837,000

44,373,000

19,551,000

33,957,000

122,242,000

559,557,000

225,760,000

87,172,000

918,312,000

Quebec $

(Continued On Page 50)

942,000

4,014,000

73,000

7,571,000

2,100,000

495,000

582,000

3,144,000

12,404,000

4,579,000

11,661,000

8,248,000

11,740,000

39,469,000

36,112,000

28,792,000

74,870,000

28,131,000

32,505,000

11,578,000

50,763,000

36,716,000

48,592,000

N.B. $

52,002,000

42,978,000

80,533,000

63,307,000

30,145,000

67,499,000

90,699,000

87,640,000

131,209,000

180,326,000

151,755,000

101,833,000

43,468,000

259,417,000

261,187,000

465,686,000

597,536,000

755,492,000

704,582,000

630,077,000

416,751,000

1,064,046,000

664,217,000

672,877,000

1,240,015,000

1,331,876,000

2,019,078,000

Ontario $

31,000

581,000

86,000

3,000

1,000

571,000

83,000

2,826,000

446,000

215,000

104,000

385,000

416,000

1,228,000

330,000

Manitoba $

(Excludes A&S and Reinsurance Companies)

2014 DIRECT WRITTEN AUTO

By company – on a province by province basis

22,000

560,000

148,000

976,000

1,000

1,498,000

155,373,000

2,779,000

427,000

255,000

3,000

7,473,000

488,000

6,044,000

1,618,000

Sask. $

6,693,000

11,558,000

70,439,000

10,628,000

21,392,000

52,276,000

2,006,000

6,192,000

10,383,000

41,301,000

241,058,000

51,422,000

99,079,000

54,433,000

95,720,000

84,998,000

156,366,000

311,483,000

533,148,000

125,011,000

242,390,000

92,232,000

310,923,000

511,598,000

796,887,000

Alberta $

68,000

2,185,000

–305,000

229,000

42,238,000

8,000

2,046,000

6,719,000

15,469,000

2,225,000

1,176,000

92,444,000

267,000

49,835,000

3,478,000

15,624,000

B.C. $

42,000

17,000

978,000

1,000

5,000

19,000

15,000

18,000

14,000

425,000

10,000

740,000

247,000

607,000

58,000

178,000

3,534,000

4,435,000

108,000

2,509,000

579,000

3,720,000

7,565,000

2,285,000

Yukon $

42,000

21,000

504,000

18,000

6,000

20,000

30,000

22,000

49,000

51,000

465,000

19,000

820,000

268,000

749,000

218,000

341,000

2,000,000

342,000

302,000

2,319,000

1,152,000

3,948,000

5,441,000

5,458,000

N.W.T. $

22,000

46,000

98,000

2,000

4,000

12,000

9,000

13,000

113,000

7,000

122,000

216,000

405,000

55,000

156,000

119,000

98,000

86,000

1,661,000

141,000

426,000

603,000

924,000

Nunavut $

Thank you to the thousands of stars that make up our CARSTAR universe â&#x20AC;&#x201D; our franchise, insurance and vendor partners, and our employees for helping us achieve Gold status.

Illustration by Scot Ritchie

Over 200 locations nationwide | carstar.ca

48-52_DW Auto 2013.indd 49

15-06-01 9:26 AM

48-52_DW Auto 2013.indd 50

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:26 AM

CU MED

Allianz Global Risks US .....................

Federal Insurance Company .............

Great American Insurance.................

Sompo Japan Nipponkoa .................

58.

59.

60.

Totals ................................................

Mennonite Mutual Fire Ins Co of SK .

Protective Insurance Company .........

49.

57.

Everest Insurance Co of Canada ......

48.

56.

Arch Insurance (Canada) ...................

47.

Le Groupe Estrie–Richelieu ...............

Motors Insurance Corporation ..........

46.

Hartford Fire Insurance .....................

Mitsui Sumitomo Insurance ..............

45.

55.

Tokio Marine & Nichido Fire ..............

44.

54.

American Road Insurance Company

43.

RBC Insurance Company Of Canada

Saskatchewan Mutual Insurance ......

42.

XL Insurance Company SE ...............

Liberty Mutual Insurance...................

41.

53.

CNA Canada .....................................

40.

52.

Lloyd’s Underwriters .........................

39.

The Mearie Group .............................

North Waterloo Farmers Mutual ........

38.

Ontario School Board’s Insurance ....

Optimum General Inc ........................

37.

50.

ACE INA Insurance...........................

36.

51.

Cumis General Insurance ..................

35.

Company

8,000

84,000

159,000

414,000

453,000

1,100,000

1,197,000

1,392,000

1,597,000

1,626,000

1,654,000

2,171,000

2,520,000

2,843,000

3,398,000

3,666,000

7,760,000

7,830,000

10,723,000

28,251,000

28,800,000

34,417,000

37,555,000

38,085,000

44,360,000

44,787,000

Totals $

4,000

3,000

7,000

6,000

36,000

83,000

16,000

33,000

79,000

230,000

21,000

182,000

585,000

154,000

Nfld. $

21,257,414,000 393,198,000

(Continued From Page 48)

74,728,000

4,000

3,000

9,000

–3,000

2,000

45,000

2,000

1,000

204,000

508,000

P.E.I. $

531,636,000

–38,000

24,000

74,000

19,000

40,000

39,000

81,000

48,000

23,000

90,000

246,000

281,000

100,000

697,000

961,000

658,000

N.S. $

24,000

1,100,000

210,000

266,000

269,000

362,000

11,000

230,000

334,000

472,000

2,102,000

2,497,000

1,705,000

11,032,000

5,533,000

3,844,000

Quebec $

462,482,000 2,908,882,000

15,000

43,000

19,000

33,000

18,000

41,000

21,000

23,000

114,000

548,000

167,000

1,314,000

3,441,000

1,604,000

N.B. $

12,391,610,000

7,000

84,000

111,000

622,000

597,000

314,000

879,000

1,626,000

1,654,000

1,435,000

1,192,000

2,044,000

63,000

2,655,000

6,648,000

1,990,000

13,340,000

13,771,000

8,686,000

37,555,000

29,385,000

22,141,000

38,580,000

Ontario $

(Excludes A&S and Reinsurance Companies)

2014 DIRECT WRITTEN AUTO

11,461,000

27,000

9,000

20,000

58,000

–4,000

248,000

34,000

3,000

181,000

1,692,000

99,000

246,000

611,000

916,000

15,000

Manitoba $

By company – on a province by province basis

1,000

14,000

–176,000

189,000

908,000

290,000

253,000

376,000

750,000

2,156,000

528,000

394,000

2,023,000

1,000

10,505,000

11,579,000

6,149,000

3,167,000

10,334,000

3,226,000

Alberta $

191,393,000 3,992,283,000

453,000

30,000

17,000

14,000

82,000

9,000

420,000

5,000

2,000

435,000

9,030,000

243,000

383,000

1,771,000

816,000

18,000

Sask. $

240,834,000

10,000

101,000

73,000

97,000

330,000

119,000

39,000

90,000

609,000

383,000

672,000

3,698,000

901,000

6,000

B.C. $

2,000

1,000

33,000

6,000

9,000

–18,000

–6,000

7,000

2,000

39,000

45,000

101,000

69,000

88,000

12,000

N.W.T. $

28,485,000 24,995,000

9,000

1,000

6,000

–18,000

–2,000

7,000

1,000

12,000

24,000

32,000

195,000

104,000

3,000

Yukon $

5,427,000

7,000

8,000

3,000

–12,000

–2,000

11,000

21,000

12,000

25,000

3,000

Nunavut $

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InsuranceMediaGroup.com 48-52_DW CU MEDIAAuto AD DEC2015.indd 2013.indd 51 1

15-06-01 15-05-25 9:26 9:26AM AM

CELEBRATING MORE THAN 80 YEARS of CANADIAN UNDERWRITER’s ANNUAL STATISTICAL ISSUE and related CONTENT AT CU80years.com

CUW 80th STAT COVER ad.indd 1 48-52_DW Auto 2013.indd 52

15-05-26 12:29 PM 15-06-01 9:26 AM

Experience Totals for Federal And Provincially Registered Companies On An “Earned” Basis Net Premiums Earned $

Net Losses Incurred $

Net Premiums Earned $

Loss Ratio %

PROPERTY TOTAL

AIRCRAFT 2010 199,674,000 117,584,000 2011 193,273,000 129,689,000 2012 129,564,000 58,380,000 2013 130,281,000 69,783,000 2014 163,137,000 273,009,000 Total 815,929,000 648,445,000 2014 Net Premiums Written: 201,518,000 2014 Direct Written Premiums: 265,829,000

58.89 67.10 45.06 53.56 167.35 79.47

AUTO TOTAL 2010 19,019,178,000 15,563,909,000 81.83 2011 19,611,406,000 14,428,363,000 73.57 2012 20,206,373,000 14,479,776,000 71.66 2013 20,706,932,000 14,889,452,000 71.91 2014 20,998,631,000 15,591,111,000 74.25 Total 100,542,520,000 74,952,611,000 74.55 2014 Net Premiums Written: 21,173,594,000 2014 Direct Written Premiums: 21,257,490,000

BOILER/MACH-EXCLD 2010 323,996,000 118,071,000 2011 336,724,000 173,365,000 2012 340,246,000 121,953,000 2013 355,532,000 140,787,000 2014 393,985,000 229,006,000 Total 1,750,483,000 783,182,000 2014 Net Premiums Written: 422,602,000 2014 Direct Written Premiums: 400,213,000

2010 201,608,000 48,552,000 2011 213,048,000 48,132,000 2012 218,243,000 47,721,000 2013 240,590,000 50,262,000 2014 256,507,000 74,167,000 Total 1,129,996,000 268,834,000 2014 Net Premiums Written: 256,507,000 2014 Direct Written Premiums: 256,752,000

0.00 0.00 24.93 29.95 45.96

2010 297,391,000 126,254,000 2011 272,986,000 159,817,000 2012 316,754,000 130,063,000 2013 321,938,000 169,097,000 2014 307,318,000 162,891,000 Total 1,516,387,000 748,122,000 2014 Net Premiums Written: 310,696,000 2014 Direct Written Premiums: 361,639,000

2010 25,257,000 6,605,000 26.15 2011 19,623,000 –2,611,000 –13.31 2012 21,772,000 4,936,000 22.67 2013 27,285,000 5,274,000 19.33 2014 36,182,000 18,294,000 50.56 Total 130,119,000 32,498,000 24.98 2014 Net Premiums Written: 43,415,000 2014 Direct Written Premiums: 77,032,000

2010 932,606,000 536,066,000 2011 594,959,000 258,176,000 2012 580,713,000 241,130,000 2013 580,765,000 279,405,000 2014 469,677,000 163,311,000 Total 3,158,720,000 1,478,088,000 2014 Net Premiums Written: 449,873,000 2014 Direct Written Premiums: 575,741,000

BOILER/MACH-EQUIP 2010 2011 2012 6,688,000 1,667,000 2013 16,843,000 5,045,000 2014 25,227,000 11,595,000 Total 2014 Net Premiums Written: 33,659,000 2014 Direct Written Premiums: 37,866,000

LEGAL EXPENSE 2010 9,538,000 8,519,000 89.32 2011 11,503,000 6,908,000 60.05 2012 11,830,000 8,759,000 74.04 2013 12,939,000 14,492,000 112.00 2014 20,979,000 14,919,000 71.11 Total 66,789,000 53,597,000 80.25 2014 Net Premiums Written: 27,048,000 2014 Direct Written Premiums: 25,659,000

LIABILITY 24.08 22.59 21.87 20.89 28.91 23.79

2010 4,776,613,000 2,827,897,000 59.20 2011 4,696,413,000 2,902,308,000 61.80 2012 4,531,953,000 2,550,352,000 56.27 2013 4,616,929,000 2,437,324,000 52.79 2014 4,607,863,000 2,461,512,000 53.42 Total 23,229,771,000 13,179,393,000 56.73 2014 Net Premiums Written: 4,698,367,000 2014 Direct Written Premiums: 5,306,004,000

42.45 58.54 41.06 52.52 53.00 49.34

2010 7,097,000 7,351,000 103.58 2011 43,580,000 34,236,000 78.56 2012 13,279,000 13,265,000 99.89 2013 2,196,000 1,408,000 64.12 2014 2,436,000 6,646,000 272.82 Total 68,588,000 62,906,000 91.72 2014 Net Premiums Written: 2,436,000 2014 Direct Written Premiums: 6,382,000

57.48 43.39 41.52 48.11 34.77 46.79

2010 133,000 5,000 3.76 2011 293,000 45,000 15.36 2012 345,000 –46,000 –13.33 2013 11,012,000 5,608,000 50.93 2014 242,000 7,000 2.89 Total 12,025,000 5,619,000 46.73 2014 Net Premiums Written: 46,000 2014 Direct Written Premiums: 32,000

MORTGAGE

OTHER APPROVED PRODUCTS

ALL CLASSES COMBINED 13.58 76.29 75.30 –0.66 22.07 23.18

2010 39,671,246,000 27,715,907,000 69.86 2011 40,399,689,000 27,746,074,000 68.68 2012 41,275,020,000 26,743,364,000 64.79 2013 42,643,951,000 29,223,274,000 68.53 2014 43,967,905,000 29,421,676,000 66.92 Total 207,957,811,000 140,850,295,000 67.73 2014 Net Premiums Written: 44,776,220,000 2014 Direct Written Premiums: 46,558,395,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

53_Five Yr Rec 2013.indd 53

HAIL

ACCIDENT & SICKNESS

CREDIT PROTECTION

36.38 18.07 37.79 39.06 132.41 52.22

2010 55,784,000 31,960,000 57.29 2011 55,967,000 23,665,000 42.28 2012 22,983,000 32,155,000 139.91 2013 57,281,000 18,932,000 33.05 2014 52,431,000 29,126,000 55.55 Total 244,446,000 135,838,000 55.57 2014 Net Premiums Written: 53,664,000 2014 Direct Written Premiums: 66,599,000

MARINE

CREDIT

2010 32,457,000 4,407,000 2011 3,990,000 3,044,000 2012 7,133,000 5,371,000 2013 11,296,000 –75,000 2014 2,637,000 582,000 Total 57,513,000 13,329,000 2014 Net Premiums Written: 2,013,000 2014 Direct Written Premiums: 12,729,000

2010 118,891,000 43,247,000 2011 115,770,000 20,920,000 2012 111,618,000 42,175,000 2013 108,238,000 42,281,000 2014 110,640,000 146,503,000 Total 565,157,000 295,126,000 2014 Net Premiums Written: 111,392,000 2014 Direct Written Premiums: 111,551,000

TITLE 36.44 51.49 35.84 39.60 58.13 44.74

Loss Ratio %

FIDELITY

FIVE YEAR RECORD BY CLASSES

2010 13,239,501,000 8,136,548,000 61.46 2011 13,781,178,000 9,485,469,000 68.83 2012 14,284,213,000 8,883,438,000 62.19 2013 14,984,419,000 10,902,670,000 72.76 2014 16,025,306,000 10,081,129,000 62.91 Total 72,314,617,000 47,489,254,000 65.67 2014 Net Premiums Written: 16,477,039,000 2014 Direct Written Premiums: 17,267,662,000

Net Losses Incurred $

SURETY 2010 431,522,000 138,932,000 2011 448,976,000 74,548,000 2012 471,313,000 122,269,000 2013 459,475,000 191,529,000 2014 494,707,000 157,868,000 Total 2,305,993,000 685,146,000 2014 Net Premiums Written: 512,351,000 2014 Direct Written Premiums: 529,215,000

32.20 16.60 25.94 41.68 31.91 29.71

15-06-01 9:25 AM

54_Reinsur Results 2014.indd 54

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:25 AM

Hannover Ruck SE ...................................

Promutuel Reassurance ...........................

SCOR Canada Reinsurance .....................

Farm Mutual Reinsurance Plan ................

Swiss Reinsurance Group ........................

Partner Reinsurance Company of the U.S

Transatlantic Reinsurance ........................

Odyssey Reinsurance Company ..............

Everest Reinsurance Company ................

General Reinsurance Corp .......................

XL Re America Inc – Cdn Branch .............

Caisse Centrale De Reassurance.............

Toa Reinsurance Co of America ..............

MAPFRE Re Compania De Re, S.A. ........

Sirius America Insurance..........................

Aspen Insurance UK Limited....................

Munich Reinsurance America, Inc. ..........

T.H.E. Insurance Company ......................

Alea (Bermuda) Ltd...................................

10.

11.

12.

13.

14.

15.

16.

17.

18.

19.

20.

TOTALS

Munich Reinsurance Cda Group ..............

1,694,773,000

50,000

825,000

9,069,000

12,622,000

13,444,000

15,481,000

31,543,000

41,240,000

43,266,000

53,739,000

61,267,000

77,653,000

95,740,000

103,461,000

124,663,000

133,120,000

136,048,000

156,209,000

241,927,000

343,406,000

Net Premiums Written $

1,662,119,000

50,000

708,000

11,533,000

13,322,000

13,770,000

14,957,000

33,588,000

40,243,000

50,839,000

51,050,000

61,295,000

79,460,000

91,874,000

98,348,000

129,668,000

133,175,000

134,648,000

147,579,000

225,488,000

330,524,000

Net Premiums Earned 100% Basis $

66.67

59.51

74.51

–10.49

50.82

63.46

49.29

51.34

–36.95

–46.23

50.19

42.20

39.80

9.30

69.08

59.20

68.50

76.05

55.72

Earned Loss Ratio %

798,511,000

48.04

–3,252,000 –6,504.00

472,000

6,863,000

9,926,000

–1,445,000

7,601,000

21,316,000

19,837,000

26,103,000

–18,863,000

–28,336,000

39,880,000

38,768,000

39,140,000

12,063,000

91,999,000

79,705,000

101,089,000

171,493,000

184,152,000

Net Claims & Adjusting Expenses $

310,284,000

3,000

63,000

1,367,000

–685,000

2,650,000

3,336,000

5,247,000

7,068,000

12,935,000

3,543,000

8,483,000

14,135,000

20,698,000

23,439,000

–3,753,000

10,506,000

34,122,000

36,447,000

47,705,000

82,975,000

Commissions $

14,787,000

29,000

40,000

474,000

212,000

840,000

40,000

–65,000

7,211,000

19,000

5,987,000

Taxes $

158,645,000

370,000

231,000

620,000

1,860,000

1,603,000

705,000

4,103,000

2,444,000

8,907,000

11,132,000

8,905,000

3,703,000

4,204,000

7,786,000

38,448,000

10,088,000

12,016,000

9,365,000

5,363,000

26,792,000

General Expenses $

2014 REINSURANCE RESULTS

29.10

746.00

45.62

17.58

12.38

30.89

27.02

27.84

24.16

44.62

28.82

28.37

22.45

27.03

31.75

32.32

15.46

34.27

31.06

23.53

35.02

Total Expense Ratio %

77.14

–5,758.00

112.29

77.09

86.89

20.40

77.84

91.30

73.45

95.96

–8.13

–17.86

72.64

69.23

71.55

41.62

84.54

93.47

99.56

99.58

90.74

Combined Loss & Exp. Ratio %

382,480,000

2,929,000

–87,000

2,643,000

2,824,000

10,962,000

3,315,000

2,922,000

10,682,000

2,054,000

57,509,000

72,243,000

21,742,000

28,269,000

27,983,000

75,699,000

20,582,000

8,805,000

–141,000

927,000

30,618,000

Undrwtg. Profit or Loss $

287,899,000

691,000

40,000

6,040,000

4,654,000

1,235,000

1,017,000

6,295,000

9,500,000

8,090,000

3,508,000

20,905,000

15,924,000

21,597,000

20,732,000

13,910,000

39,039,000

23,465,000

9,820,000

24,800,000

56,637,000

Inv. Income $

17.95

5.58

6.50

–0.57

14.63

0.00

7.65

22.50

5.36

27.46

16.55

6.71

7.26

7.42

19.31

16.05

15.41

7.61

0.02

15.41

Return on Equity %

ToaRe

Stability The Toa Reinsurance Company of America 200 King Street West Suite: 1001, P.O. Box 41 Toronto, Ontario, Canada M5H 3T4 Phone: 416-366-5888 Fax: 416-366-7444

Web Site: www.toare.com Tokyo • Morristown • Irvine • Toronto • London • Graubünden • Hong Kong • Kuala Lumpur • Singapore • Taipei

54_Reinsur Results 2014.indd 55

15-06-01 9:25 AM

56_dir writ prop 2013.indd 56

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:25 AM

ad right s

ad right

180,426,000 156,573,000

21. RBC General Insurance ................................

22. Allianz Global Risks US ................................

80,054,000 79,196,000 77,926,000 66,083,000 64,576,000

33. CNA Canada.................................................

34. Red River Mutual ..........................................

35. Alberta Motor Association ............................

36. Wynward Insurance Group ...........................

37. Mutual Fire Insurance Co of BC ...................

89,556,000

199,393,000

20. Factory Mutual Insurance Company ............

32. L’Unique Assurances Generales ..................

227,426,000

19. La Capitale Assurances Gen Inc ..................

91,736,000

289,544,000

18. SGI Canada Group .......................................

31. Affiliated FM Insurance.................................

297,519,000

17. Allstate Insurance Co of Canada..................

92,979,000

310,736,000

16. Chubb Insurance Co of Canada...................

93,719,000

349,755,000

15. Ontario Mutual Insurance .............................

30. Industrielle Alliance Compagnie ...................

395,861,000

14. Zurich Insurance Company Ltd ....................

29. SSQ, Societe D’Assurances Gen .................

453,946,000

13. State Farm Insurance Company...................

100,115,000

456,986,000

12. Northbridge Financial Corporation ...............

28. Optimum General Inc ...................................

468,352,000

11. AIG Insurance Co Of Canada .......................

102,942,000

521,188,000

10. Travelers Canada ..........................................

115,515,000

703,796,000

9. Economical Insurance ..................................

27. ACE INA Insurance ......................................

834,435,000

8. Desjardins General Insurance Group ...........

26. Guarantee Company Of North America .......

848,835,000

7. Lloyd’s Underwriters ....................................

116,210,000

933,993,000

6. TD Insurance, General Insurance .................

25. Portage La Prairie Mutual .............................

956,336,000

5. Co–operators General Insurance Co ............

152,378,000

1,020,454,000

4. Wawanesa Mutual Insurance .......................

141,588,000

1,207,677,000

3. RSA Canada Group ......................................

24. Peace Hills General Insurance .....................

1,417,795,000

23. Gore Mutual Insurance Company ................

2,571,277,000

2. Aviva Canada Inc..........................................

Totals $

1. Intact Financial Corporation .........................

Company

839,000

392,000

571,000

840,000

80,000

493,000

62,000

3,984,000

1,090,000

6,421,000

4,000

513,000

4,276,000

10,003,000

5,353,000

9,193,000

4,480,000

1,890,000

14,309,000

6,674,000

33,196,000

53,415,000

35,656,000

44,488,000

Nfld. $

177,000

69,000

363,000

98,000

260,000

701,000

1,000

77,000

331,000

755,000

88,000

539,000

1,576,000

570,000

5,378,000

2,116,000

784,000

2,055,000

1,147,000

6,392,000

1,424,000

2,996,000

3,883,000

3,000,000

P.E.I. $

2,514,000

1,336,000

703,000

546,000

1,121,000

12,963,000

213,000

1,428,000

5,422,000

3,869,000

10,949,000

833,000

3,391,000

8,948,000

8,863,000

20,031,000

25,614,000

10,228,000

14,776,000

25,435,000

30,169,000

22,388,000

53,580,000

43,153,000

76,416,000

N.S. $

1,501,000

5,488,000

89,556,000

41,201,000

92,979,000

93,719,000

23,760,000

7,942,000

30,511,000

9,102,000

14,673,000

34,476,000

227,426,000

5,000

37,282,000

49,512,000

98,552,000

66,379,000

57,036,000

16,396,000

63,565,000

617,125,000

119,669,000

100,445,000

48,746,000

25,178,000

174,646,000

185,915,000

812,393,000

Quebec $

(Continued On Page 58)

1,478,000

1,191,000

209,000

974,000

527,000

4,584,000

41,000

1,579,000

3,089,000

8,157,000

4,000

14,961,000

1,753,000

3,589,000

15,878,000

7,594,000

5,920,000

9,783,000

19,643,000

4,949,000

13,618,000

15,907,000

24,339,000

30,360,000

24,286,000

33,396,000

39,970,000

N.B. $

1,379,000

12,069,000

38,000

14,112,000

29,656,000

14,784,000

31,783,000

65,853,000

14,744,000

89,969,000

29,089,000

124,585,000

63,361,000

11,354,000

194,989,000

161,224,000

349,755,000

107,046,000

389,889,000

157,810,000

104,895,000

292,718,000

316,183,000

159,693,000

168,396,000

471,829,000

351,166,000

168,519,000

367,399,000

553,981,000

825,230,000

Ontario $

3,370,000

6,866,000

3,496,000

71,719,000

6,971,000

1,657,000

5,435,000

3,911,000

1,770,000

50,032,000

13,681,000

145,000

4,865,000

785,000

8,616,000

15,448,000

3,303,000

11,837,000

13,749,000

11,613,000

8,237,000

9,597,000

7,147,000

17,905,000

7,311,000

32,827,000

107,414,000

15,546,000

74,480,000

60,537,000

Manitoba $

(Excludes A&S and Reinsurance Companies)

By company – on a province by province basis

3,111,000

14,418,000

21,000

7,477,000

4,886,000

1,842,000

312,000

6,896,000

99,000

11,706,000

6,824,000

119,000

3,275,000

1,514,000

9,918,000

233,990,000

1,956,000

12,545,000

32,559,000

15,627,000

3,778,000

4,388,000

1,460,000

23,836,000

3,853,000

64,777,000

125,304,000

12,568,000

38,705,000

9,199,000

Sask. $

2014 DIRECT WRITTEN PROPERTY

8,553,000

10,869,000

74,206,000

25,195,000

5,270,000

4,855,000

25,895,000

4,854,000

19,316,000

74,573,000

2,545,000

54,746,000

19,828,000

21,807,000

28,666,000

39,337,000

36,719,000

77,953,000

48,179,000

74,519,000

174,636,000

70,699,000

90,196,000

24,680,000

188,450,000

267,497,000

255,328,000

327,441,000

176,122,000

222,607,000

392,399,000

Alberta $

48,163,000

14,998,000

165,000

19,803,000

10,182,000

50,969,000

22,662,000

10,440,000

1,671,000

44,250,000

59,280,000

47,120,000

8,662,000

41,340,000

73,000

1,000

54,702,000

73,446,000

79,638,000

78,233,000

82,306,000

168,013,000

5,864,000

278,291,000

28,597,000

104,544,000

210,032,000

320,924,000

214,905,000

301,680,000

B.C. $

77,000

41,000

3,000

242,000

858,000

3,000

68,000

165,000

75,000

16,000

710,000

424,000

1,460,000

290,000

1,000

198,000

1,098,000

2,937,000

2,833,000

2,394,000

3,219,000

3,091,000

1,451,000

Yukon $

277,000

266,000

79,000

235,000

775,000

974,000

82,000

146,000

86,000

852,000

1,354,000

1,958,000

1,492,000

349,000

2,865,000

2,122,000

1,876,000

1,491,000

8,014,000

3,928,000

N.W.T. $

304,000

918,000

627,000

266,000

200,000

452,000

31,000

1,125,000

2,433,000

2,188,000

887,000

68,000

3,567,000

239,000

143,000

1,485,000

9,000

586,000

Nunavut $

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15-06-01 9:25 AM 15-02-25 3:13 PM

56_dir writ prop 2013.indd 58

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:25 AM

49,203,000 48,997,000 48,979,000 47,772,000 46,956,000 46,192,000 45,215,000 43,455,000 41,853,000 41,821,000 39,929,000 36,988,000 33,423,000 29,627,000 25,423,000 17,557,000 16,728,000 16,592,000 14,590,000 13,013,000 10,334,000 9,734,000 8,896,000 8,650,000 7,225,000 6,741,000 4,973,000 4,646,000 3,873,000 3,337,000 3,251,000 2,567,000 2,327,000 434,000 290,000 17,048,467,000

39. North Waterloo Farmers Mutual ...................

40. Western Financial Insurance ........................

41. Pembridge Insurance Company...................

42. Canadian Direct Insurance ...........................

43. Saskatchewan Mutual Insurance .................

44. XL Insurance Company SE...........................

45. Cumis General Insurance .............................

46. Arch Insurance (Canada) ..............................

47. CAA Insurance Company (Ontario) .............

48. Le Groupe Estrie–Richelieu ..........................

49. Great American Insurance ............................

50. Omega General Insurance............................

51. Echelon General Insurance ..........................

52. Unica Insurance............................................

53. Tokio Marine & Nichido Fire .........................

54. PEI Mutual Insurance Company ...................

55. Ontario School Board’s Insurance ...............

56. Mennonite Mutual Fire Ins Company of SK .

57. Everest Insurance Co of Canada..................

58. RBC Insurance Company Of Canada ..........

59. Hartford Fire Insurance.................................

60. Triton Insurance ............................................

61. Old Republic Insurance Company ...............

62. Kings Mutual Insurance Company ...............

63. Mitsui Sumitomo Insurance..........................

64. Antigonish Farmers’ Mutual .........................

65. Boiler Inspection & Insurance Company ......

66. Sompo Japan Nipponkoa ............................

67. The Mearie Group.........................................

68. Fundy Mutual Insurance ...............................

69. Clare Mutual Insurance Company ................

70. Berkley Insurance Company ........................

71. Federal Insurance Company ........................

72. Trisura Guarantee Insurance ........................

Totals ...........................................................

Totals $

38. Liberty Mutual Insurance ..............................

Company

(Continued From Page 56)

242,099,000

3,000

1,000

14,000

92,000

144,000

161,000

16,000

135,000

34,000

313,000

31,000

48,000

629,000

335,000

298,000

493,000

1,129,000

Nfld. $

52,526,000

2,000

10,000

4,000

9,000

6,000

4,000

31,000

1,000

45,000

10,000

16,728,000

38,000

7,000

46,000

18,000

229,000

91,000

199,000

20,000

128,000

120,000

P.E.I. $

413,554,000

3,000

35,000

2,567,000

3,000

49,000

4,973,000

7,222,000

70,000

195,000

330,000

195,000

109,000

812,000

407,000

243,000

1,189,000

539,000

1,555,000

1,268,000

4,689,000

2,061,000

151,000

N.S. $

304,491,000

2,000

4,000

6,000

3,251,000

2,000

451,000

8,000

–3,000

112,000

158,000

3,000

177,000

52,000

26,000

63,000

199,000

242,000

1,305,000

1,232,000

2,154,000

1,865,000

4,168,000

576,000

659,000

N.B. $

3,213,820,000

134,000

44,000

741,000

241,000

664,000

470,000

26,000

64,000

3,953,000

1,898,000

962,000

387,000

190,000

39,929,000

5,162,000

2,000

2,986,000

1,721,000

2,235,000

6,833,000

Quebec $

5,952,070,000

119,000

247,000

1,012,000

3,337,000

2,150,000

2,164,000

3,866,000

7,458,000

4,978,000

1,792,000

4,640,000

4,246,000

16,592,000

5,830,000

25,405,000

4,362,000

10,746,000

11,069,000

35,421,000

12,491,000

21,142,000

18,370,000

29,623,000

21,570,000

48,997,000

10,945,000

Ontario $

6,000

12,000

18,000

59,000

20,000

5,000

168,000

972,000

479,000

124,000

230,000

158,000

120,000

1,985,000

1,825,000

2,808,000

9,746,000

715,000

4,868,000

1,543,000

1,451,000

Manitoba $

607,588,000

(Excludes A&S and Reinsurance Companies)

By company – on a province by province basis

2014 DIRECT WRITTEN PROPERTY

717,292,000

1,000

11,000

5,000

98,000

368,000

13,000

15,000

197,000

1,806,000

391,000

80,000

14,590,000

64,000

330,000

140,000

3,107,000

1,803,000

1,199,000

2,011,000

2,507,000

27,648,000

747,000

3,198,000

Sask. $

2,986,887,000

17,000

11,000

87,000

774,000

260,000

1,500,000

840,000

1,618,000

4,620,000

1,859,000

1,527,000

3,467,000

18,000

7,648,000

11,161,000

15,356,000

11,567,000

3,388,000

10,779,000

13,676,000

15,168,000

7,571,000

8,726,000

17,309,000

Alberta $

2,491,018,000

5,000

108,000

418,000

586,000

609,000

819,000

28,000

1,338,000

475,000

2,201,000

2,770,000

5,752,000

15,235,000

9,862,000

4,723,000

1,000

5,989,000

2,923,000

6,401,000

31,788,000

10,749,000

7,284,000

B.C. $

21,921,000

36,000

42,000

18,000

10,000

14,000

17,000

3,000

41,000

6,000

80,000

Yukon $

29,553,000

1,000

27,000

1,000

29,000

9,000

8,000

2,000

23,000

21,000

29,000

64,000

118,000

N.W.T. $

15,648,000

4,000

21,000

2,000

76,000

7,000

6,000

Nunavut $

Underwriting Profit Producers – 2014 (Excluding A & S) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34.

AIG Insurance Co Of Canada ........................................................ 378,565,000 Lloyd’s Underwriters ..................................................................... 358,272,000 Intact Financial Corporation .......................................................... 334,084,000 Allstate Insurance Co of Canada .................................................... 92,773,000 Desjardins General Insurance Group .............................................. 81,957,000 Aviva Canada Inc ............................................................................ 76,854,000 Swiss Reinsurance Group ............................................................... 75,699,000 Everest Reinsurance Company ....................................................... 72,243,000 General Reinsurance Corp .............................................................. 57,509,000 RSA Canada Group......................................................................... 54,354,000 Chubb Insurance Co of Canada ..................................................... 53,675,000 Northbridge Financial Corporation .................................................. 35,478,000 Munich Reinsurance Cda Group ..................................................... 30,618,000 Transatlantic Reinsurance ............................................................... 28,269,000 Partner Reinsurance Company of the U.S ...................................... 27,983,000 CNA Canada ................................................................................... 27,532,000 Triton Insurance .............................................................................. 25,314,000 RBC Insurance Company Of Canada ............................................. 24,189,000 Boiler Inspection & Insurance Company ......................................... 21,953,000 Odyssey Reinsurance Company ..................................................... 21,742,000 Liberty Mutual Insurance................................................................. 21,333,000 Farm Mutual Reinsurance Plan ....................................................... 20,582,000 Pafco Insurance Company .............................................................. 19,333,000 Ontario Mutual Insurance ................................................................ 19,206,000 Motors Insurance Corporation ........................................................ 19,055,000 Stewart Title Guaranty Company .................................................... 13,456,000 XL Insurance Company SE ............................................................. 13,241,000 RBC General Insurance................................................................... 11,600,000 Sirius America Insurance................................................................. 10,962,000 Caisse Centrale De Reassurance.................................................... 10,682,000 FCT.................................................................................................. 10,578,000 Ontario School Board’s Insurance .................................................... 9,327,000 Gore Mutual Insurance Company ..................................................... 9,108,000 SSQ, Societe D’Assurances Gen ...................................................... 9,062,000

35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67.

SCOR Canada Reinsurance .............................................................. 8,805,000 Great American Insurance................................................................. 8,019,000 Trisura Guarantee Insurance ............................................................. 7,857,000 Canadian Direct Insurance ................................................................ 6,958,000 Tokio Marine & Nichido Fire .............................................................. 5,414,000 Chicago Title ..................................................................................... 5,201,000 Optimum General Inc ........................................................................ 5,103,000 CAA Insurance Company (Ontario) .................................................. 4,182,000 Pacific Coast Fishermen’s Mutual Marine ........................................ 4,115,000 The Mearie Group ............................................................................. 3,818,000 Old Republic Insurance Company .................................................... 3,527,000 MAPFRE Re Compania De Re, S.A. ................................................. 3,315,000 Federal Insurance Company ............................................................. 3,088,000 Mitsui Sumitomo Insurance .............................................................. 3,008,000 Industrielle Alliance Compagnie ........................................................ 2,941,000 Alea (Bermuda) Ltd............................................................................ 2,929,000 Toa Reinsurance Co of America ....................................................... 2,922,000 Aspen Insurance UK Limited............................................................. 2,824,000 Munich Reinsurance America, Inc. ................................................... 2,643,000 Western Financial Insurance ............................................................. 2,560,000 Echelon General Insurance ............................................................... 2,456,000 Le Groupe Estrie-Richelieu ............................................................... 2,156,000 XL Re America Inc - Cdn Branch ...................................................... 2,054,000 Euler Hermes North America Insurance ............................................ 2,048,000 Cumis General Insurance .................................................................. 1,536,000 Legacy General Insurance ................................................................ 1,419,000 Sompo Japan Nipponkoa ................................................................. 1,395,000 L’Unique Assurances Generales ....................................................... 1,081,000 Hannover Ruck SE ............................................................................... 927,000 Security Ins Co of Hartford .................................................................. 337,000 Corepointe Insurance ........................................................................... 316,000 Western Surety Company .................................................................... 246,000 Clare Mutual Insurance Company.......................................................... 88,000

Underwriting Loss Producers – 2014 (Excluding A & S)

T.H.E. Insurance Company ................................................................... -87,000

23.

Promutuel Reassurance ...................................................................... -141,000

24.

Everest Insurance Co of Canada ..................................................... -4,262,000

Antigonish Farmers’ Mutual ................................................................ -361,000

25.

Co-operators General Insurance Co ................................................ -4,721,000

Mennonite Mutual Fire Ins Company of SK ........................................ -380,000

26.

Protective Insurance Company ........................................................ -5,533,000

Unica Insurance .................................................................................. -480,000

27.

SGI Canada Group ........................................................................... -5,541,000

Co-operative Hail Ins Co Ltd............................................................... -500,000

28.

Peace Hills General Insurance ......................................................... -6,469,000

Red River Mutual................................................................................. -560,000

29.

ACE INA Insurance.......................................................................... -7,751,000

Omega General Insurance .................................................................. -560,000

30.

Berkley Insurance Company .......................................................... -12,741,000

Saskatchewan Mutual Insurance ........................................................ -567,000

31.

Affiliated FM Insurance .................................................................. -14,048,000

10.

Kings Mutual Insurance Company ...................................................... -862,000

32.

Allianz Global Risks US .................................................................. -14,072,000

11.

Fundy Mutual Insurance................................................................... -1,076,000

33.

Alberta Motor Association .............................................................. -15,755,000

12.

Atradius Credit Insurance N.V .......................................................... -1,489,000

34.

Guarantee Company Of North America ......................................... -28,319,000

13.

PEI Mutual Insurance Company....................................................... -1,880,000

35.

Portage La Prairie Mutual............................................................... -28,623,000

14.

Mutual Fire Insurance Co of BC ....................................................... -1,941,000

36.

Associated Electric & Gas Insurance ............................................. -29,671,000

15.

Hartford Fire Insurance .................................................................... -2,066,000

37.

Travelers Canada ........................................................................... -45,754,000

16.

American Road Insurance Company ............................................... -2,079,000

38.

Economical Insurance .................................................................... -54,437,000

17.

North Waterloo Farmers Mutual ....................................................... -2,741,000

39.

Factory Mutual Insurance Company .............................................. -63,623,000

18.

Wynward Insurance Group .............................................................. -3,067,000

40.

State Farm Insurance Company .................................................... -99,001,000

19.

La Capitale Assurances Gen Inc ...................................................... -3,346,000

41.

Wawanesa Mutual Insurance ....................................................... -111,738,000

20.

Lawyers’ Professional Indemnity ..................................................... -3,501,000

42.

Zurich Insurance Company Ltd.................................................... -256,462,000

21.

Arch Insurance (Canada) .................................................................. -3,779,000

43.

TD Insurance, General Insurance ................................................. -289,912,000

22.

Pembridge Insurance Company ...................................................... -3,826,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

59_Undrwrit profit & loss 2013.indd 59

DAS Legal Protection Insurance Company...................................... -4,074,000

15-06-01 9:24 AM

Leading Companies In The Provinces Direct Written Premiums – TOTAL BUSINESS – 2014 Newfoundland 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

RSA Canada Group .................................. 159,157,000 Intact Financial Corporation..................... 148,582,000 Aviva Canada Inc ...................................... 129,900,000 Co–operators General Insurance Co ....... 76,597,000 Lloyd’s Underwriters ................................ 32,289,000 Travelers Canada ...................................... 30,597,000 Northbridge Financial Corporation .......... 26,464,000 TD Insurance, General Insurance ............ 25,941,000 Economical Insurance .............................. 13,672,000 AIG Insurance Co Of Canada................... 12,425,000 Zurich Insurance Company Ltd ............... 8,836,000 RBC General Insurance ............................ 8,044,000 Desjardins General Insurance Group ...... 7,947,000 Factory Mutual Insurance Company ....... 7,636,000 Allianz Global Risks US ............................ 7,067,000 Chubb Insurance Co of Canada .............. 4,086,000 ACE INA Insurance .................................. 3,610,000 Liberty Mutual Insurance.......................... 3,141,000 FCT ............................................................ 2,397,000 Guarantee Company Of North America .. 2,199,000 Triton Insurance ........................................ 1,890,000 RBC Insurance Company Of Canada...... 1,803,000 XL Insurance Company SE ...................... 1,438,000 Portage La Prairie Mutual ........................ 1,371,000 Wynward Insurance Group ...................... 1,186,000 CNA Canada ............................................. 1,144,000 Western Surety Company ........................ 994,000 Arch Insurance (Canada) .......................... 943,000 Trisura Guarantee Insurance.................... 893,000 Cumis General Insurance ......................... 745,000

Prince Edward Island 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

PEI Mutual Insurance Company .............. Co–operators General Insurance Co ....... Travelers Canada ...................................... Aviva Canada Inc ...................................... Wawanesa Mutual Insurance................... RSA Canada Group .................................. Intact Financial Corporation..................... TD Insurance, General Insurance ............ Economical Insurance .............................. Northbridge Financial Corporation .......... Lloyd’s Underwriters ................................ Desjardins General Insurance Group ...... Portage La Prairie Mutual ........................ RBC General Insurance ............................ Guarantee Company Of North America .. CAA Insurance Company (Ontario) ........ AIG Insurance Co Of Canada................... Zurich Insurance Company Ltd ............... Factory Mutual Insurance Company ....... Cumis General Insurance ......................... Echelon General Insurance ...................... RBC Insurance Company Of Canada...... Allianz Global Risks US ............................ ACE INA Insurance .................................. FCT ............................................................ Affiliated FM Insurance ............................ Chubb Insurance Co of Canada .............. Liberty Mutual Insurance.......................... Stewart Title Guaranty Company ............ Triton Insurance ........................................

19,728,000 18,542,000 17,851,000 16,014,000 10,559,000 8,678,000 8,485,000 8,274,000 5,744,000 4,975,000 4,845,000 4,358,000 3,870,000 3,147,000 1,482,000 1,479,000 1,350,000 991,000 946,000 929,000 765,000 695,000 673,000 596,000 396,000 373,000 336,000 313,000 311,000 270,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.

Intact Financial Corporation..................... 173,583,000 RSA Canada Group .................................. 132,951,000 Aviva Canada Inc ...................................... 121,853,000 TD Insurance, General Insurance ............ 78,701,000 Wawanesa Mutual Insurance................... 71,402,000 Co–operators General Insurance Co ....... 67,775,000 Economical Insurance .............................. 60,641,000 Travelers Canada ...................................... 50,691,000 Lloyd’s Underwriters ................................ 39,125,000 Portage La Prairie Mutual ........................ 38,937,000 Allstate Insurance Co of Canada ............. 36,031,000

Nova Scotia

60_2013 TOP 30.indd 60

12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Desjardins General Insurance Group ...... Northbridge Financial Corporation .......... AIG Insurance Co Of Canada................... Echelon General Insurance ...................... RBC General Insurance ............................ Pembridge Insurance Company .............. Zurich Insurance Company Ltd ............... Kings Mutual Insurance Company .......... Guarantee Company Of North America .. Antigonish Farmers’ Mutual ..................... Allianz Global Risks US ............................ Factory Mutual Insurance Company ....... CAA Insurance Company (Ontario) ........ ACE INA Insurance .................................. XL Insurance Company SE ...................... Wynward Insurance Group ...................... RBC Insurance Company Of Canada...... Pafco Insurance Company....................... Chubb Insurance Co of Canada ..............

29,673,000 26,080,000 17,292,000 16,297,000 16,281,000 14,515,000 11,296,000 8,472,000 6,185,000 5,859,000 4,926,000 4,689,000 4,377,000 4,377,000 3,755,000 3,690,000 3,562,000 3,499,000 3,078,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Wawanesa Mutual Insurance................... 106,589,000 Intact Financial Corporation..................... 94,314,000 Aviva Canada Inc ...................................... 92,311,000 RSA Canada Group .................................. 64,405,000 Economical Insurance .............................. 60,572,000 Co–operators General Insurance Co ....... 58,733,000 Allstate Insurance Co of Canada ............. 54,430,000 TD Insurance, General Insurance ............ 52,623,000 State Farm Insurance Company .............. 45,456,000 Lloyd’s Underwriters ................................ 35,616,000 Travelers Canada ...................................... 24,420,000 Northbridge Financial Corporation .......... 23,164,000 AIG Insurance Co Of Canada................... 18,866,000 Pembridge Insurance Company .............. 16,572,000 Desjardins General Insurance Group ...... 16,536,000 Portage La Prairie Mutual ........................ 12,702,000 RBC General Insurance ............................ 11,338,000 Zurich Insurance Company Ltd ............... 10,859,000 Factory Mutual Insurance Company ....... 10,393,000 Liberty Mutual Insurance.......................... 7,905,000 ACE INA Insurance .................................. 7,565,000 Cumis General Insurance ......................... 4,922,000 CAA Insurance Company (Ontario) ........ 4,879,000 XL Insurance Company SE ...................... 4,454,000 Guarantee Company Of North America .. 4,263,000 Fundy Mutual Insurance........................... 3,628,000 Chubb Insurance Co of Canada .............. 3,396,000 FCT ............................................................ 2,899,000 Allianz Global Risks US ............................ 2,772,000 CNA Canada ............................................. 2,388,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24.

Intact Financial Corporation.....................1,988,143,000 Desjardins General Insurance Group ......1,210,242,000 La Capitale Assurances Gen Inc ............. 558,635,000 Aviva Canada Inc ...................................... 468,227,000 RSA Canada Group .................................. 381,841,000 Lloyd’s Underwriters ................................ 330,756,000 Industrielle Alliance Compagnie .............. 222,440,000 SSQ, Societe D’Assurances Gen ............. 219,550,000 TD Insurance, General Insurance ............ 188,550,000 Northbridge Financial Corporation .......... 185,554,000 L’Unique Assurances Generales ............. 182,815,000 Zurich Insurance Company Ltd ............... 170,554,000 AIG Insurance Co Of Canada................... 142,448,000 Economical Insurance .............................. 123,814,000 Chubb Insurance Co of Canada .............. 100,319,000 Allstate Insurance Co of Canada ............. 96,119,000 Co–operators General Insurance Co ....... 86,445,000 Wawanesa Mutual Insurance................... 59,188,000 Liberty Mutual Insurance.......................... 53,102,000 Guarantee Company Of North America .. 52,272,000 Allianz Global Risks US ............................ 51,932,000 Travelers Canada ...................................... 47,626,000 Le Groupe Estrie–Richelieu...................... 46,594,000 Affiliated FM Insurance ............................ 45,025,000

New Brunswick

Québec

25. 26. 27. 28. 29. 30.

Factory Mutual Insurance Company ....... ACE INA Insurance .................................. CNA Canada ............................................. Optimum General Inc ............................... RBC General Insurance ............................ RBC Insurance Company Of Canada......

43,520,000 40,151,000 37,124,000 33,908,000 30,816,000 25,576,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Intact Financial Corporation.....................3,084,667,000 Aviva Canada Inc ......................................2,085,811,000 TD Insurance, General Insurance ............1,810,460,000 State Farm Insurance Company ..............1,493,898,000 RSA Canada Group ..................................1,214,678,000 Economical Insurance ..............................1,119,618,000 Co–operators General Insurance Co .......1,072,528,000 Travelers Canada ......................................1,041,835,000 Allstate Insurance Co of Canada ............. 950,481,000 Desjardins General Insurance Group ...... 832,765,000 Ontario Mutual Insurance......................... 670,836,000 Lloyd’s Underwriters ................................ 601,606,000 Wawanesa Mutual Insurance................... 596,572,000 RBC General Insurance ............................ 590,317,000 Northbridge Financial Corporation .......... 508,093,000 Zurich Insurance Company Ltd ............... 413,884,000 AIG Insurance Co Of Canada................... 372,893,000 Chubb Insurance Co of Canada .............. 357,260,000 Gore Mutual Insurance Company............ 289,606,000 Guarantee Company Of North America .. 243,277,000 Pembridge Insurance Company .............. 181,378,000 CAA Insurance Company (Ontario) ........ 170,296,000 ACE INA Insurance .................................. 130,215,000 Lawyers’ Professional Indemnity............. 121,945,000 Unica Insurance ........................................ 114,677,000 Allianz Global Risks US ............................ 107,585,000 CNA Canada ............................................. 95,189,000 Echelon General Insurance ...................... 94,783,000 North Waterloo Farmers Mutual .............. 93,853,000 Liberty Mutual Insurance.......................... 85,556,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Wawanesa Mutual Insurance................... 112,488,000 Aviva Canada Inc ...................................... 94,617,000 Red River Mutual ...................................... 76,396,000 Intact Financial Corporation..................... 75,985,000 Portage La Prairie Mutual ........................ 52,425,000 Lloyd’s Underwriters ................................ 50,400,000 Co–operators General Insurance Co ....... 41,209,000 RSA Canada Group .................................. 30,644,000 Northbridge Financial Corporation .......... 23,123,000 AIG Insurance Co Of Canada................... 20,991,000 SGI Canada Group ................................... 18,822,000 Zurich Insurance Company Ltd ............... 17,745,000 Travelers Canada ...................................... 17,171,000 CNA Canada ............................................. 14,383,000 Peace Hills General Insurance ................. 13,681,000 Cumis General Insurance ......................... 12,283,000 Allianz Global Risks US ............................ 11,471,000 Economical Insurance .............................. 11,164,000 ACE INA Insurance .................................. 10,383,000 Factory Mutual Insurance Company ....... 10,205,000 Wynward Insurance Group ...................... 8,986,000 Chubb Insurance Co of Canada .............. 8,418,000 RBC Insurance Company Of Canada...... 7,359,000 TD Insurance, General Insurance ............ 7,311,000 Saskatchewan Mutual Insurance ............ 7,240,000 Desjardins General Insurance Group ...... 7,192,000 Optimum General Inc ............................... 6,672,000 FCT ............................................................ 5,661,000 Co–operative Hail Ins Co Ltd ................... 5,292,000 Guarantee Company Of North America .. 5,265,000

1. 2. 3. 4.

SGI Canada Group ................................... 428,210,000 Wawanesa Mutual Insurance................... 130,994,000 Co–operators General Insurance Co ....... 81,098,000 Aviva Canada Inc ...................................... 58,615,000

Ontario

Manitoba

Saskatchewan

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:24 AM

Leading Companies In The Provinces Direct Written Premiums – TOTAL BUSINESS – 2014 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Lloyd’s Underwriters ................................ Northbridge Financial Corporation .......... Co–operative Hail Ins Co Ltd ................... Saskatchewan Mutual Insurance ............ AIG Insurance Co Of Canada................... RSA Canada Group .................................. Zurich Insurance Company Ltd ............... Wynward Insurance Group ...................... Intact Financial Corporation..................... Mennonite Mutual Fire Ins Co of SK ....... ACE INA Insurance .................................. Factory Mutual Insurance Company ....... Portage La Prairie Mutual ........................ Allianz Global Risks US ............................ Travelers Canada ...................................... CNA Canada ............................................. Red River Mutual ...................................... Peace Hills General Insurance ................. Western Surety Company ........................ Chubb Insurance Co of Canada .............. Liberty Mutual Insurance.......................... Economical Insurance .............................. XL Insurance Company SE ...................... FCT ............................................................ Cumis General Insurance ......................... RBC Insurance Company Of Canada......

53,904,000 45,913,000 41,667,000 39,401,000 26,621,000 20,063,000 19,687,000 17,474,000 16,784,000 16,459,000 15,074,000 14,055,000 13,264,000 10,891,000 9,735,000 9,394,000 8,122,000 6,824,000 5,675,000 5,646,000 5,003,000 4,869,000 4,827,000 4,783,000 3,968,000 3,957,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Intact Financial Corporation.....................1,299,755,000 Wawanesa Mutual Insurance................... 875,818,000 TD Insurance, General Insurance ............ 783,032,000 Co–operators General Insurance Co ....... 629,348,000 Aviva Canada Inc ...................................... 603,092,000 RSA Canada Group .................................. 485,298,000 Lloyd’s Underwriters ................................ 434,201,000 AIG Insurance Co Of Canada................... 320,213,000 Alberta Motor Association ....................... 316,632,000 Economical Insurance .............................. 268,563,000 Northbridge Financial Corporation .......... 219,193,000 Travelers Canada ...................................... 209,938,000 Zurich Insurance Company Ltd ............... 200,067,000 State Farm Insurance Company .............. 178,398,000 Peace Hills General Insurance ................. 145,012,000 Allstate Insurance Co of Canada ............. 124,335,000 Desjardins General Insurance Group ...... 117,035,000 Chubb Insurance Co of Canada .............. 91,443,000 SGI Canada Group ................................... 86,701,000 Allianz Global Risks US ............................ 84,504,000 RBC General Insurance ............................ 74,262,000 Canadian Direct Insurance....................... 68,042,000 ACE INA Insurance .................................. 61,647,000 CNA Canada ............................................. 58,528,000 Liberty Mutual Insurance.......................... 57,624,000 Portage La Prairie Mutual ........................ 41,573,000 Factory Mutual Insurance Company ....... 30,359,000 XL Insurance Company SE ...................... 28,622,000 RBC Insurance Company Of Canada...... 27,690,000 Guarantee Company Of North America .. 25,463,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17.

Lloyd’s Underwriters ................................ RSA Canada Group .................................. Intact Financial Corporation..................... Economical Insurance .............................. Aviva Canada Inc ...................................... Wawanesa Mutual Insurance................... Northbridge Financial Corporation .......... Co–operators General Insurance Co ....... AIG Insurance Co Of Canada................... Zurich Insurance Company Ltd ............... Travelers Canada ...................................... Chubb Insurance Co of Canada .............. Canadian Direct Insurance....................... Allianz Global Risks US ............................ Gore Mutual Insurance Company............ Optimum General Inc ............................... Mutual Fire Insurance Co of BC ..............

Alberta

British Columbia 523,084,000 457,275,000 418,576,000 289,436,000 264,877,000 221,561,000 137,805,000 136,157,000 133,498,000 118,820,000 114,694,000 88,101,000 75,397,000 72,394,000 68,948,000 58,428,000 52,406,000

18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Factory Mutual Insurance Company ....... Peace Hills General Insurance ................. CNA Canada ............................................. ACE INA Insurance .................................. TD Insurance, General Insurance ............ RBC Insurance Company Of Canada...... Echelon General Insurance ...................... Liberty Mutual Insurance.......................... Guarantee Company Of North America .. Wynward Insurance Group ...................... Trisura Guarantee Insurance.................... XL Insurance Company SE ...................... Great American Insurance .......................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

TD Insurance, General Insurance ............ Aviva Canada Inc ...................................... Co–operators General Insurance Co ....... Wawanesa Mutual Insurance................... RSA Canada Group .................................. Lloyd’s Underwriters ................................ Intact Financial Corporation..................... AIG Insurance Co Of Canada................... Peace Hills General Insurance ................. Northbridge Financial Corporation .......... Zurich Insurance Company Ltd ............... Travelers Canada ...................................... Allianz Global Risks US ............................ Desjardins General Insurance Group ...... ACE INA Insurance .................................. Trisura Guarantee Insurance.................... RBC General Insurance ............................ Chubb Insurance Co of Canada .............. RBC Insurance Company Of Canada...... XL Insurance Company SE ...................... Economical Insurance .............................. FCT ............................................................ Triton Insurance ........................................ CNA Canada ............................................. Great American Insurance ....................... State Farm Insurance Company .............. Liberty Mutual Insurance.......................... Wynward Insurance Group ...................... Factory Mutual Insurance Company ....... Western Financial Insurance....................

Yukon Territory 10,502,000 7,573,000 6,968,000 6,916,000 6,734,000 4,912,000 4,497,000 2,648,000 1,836,000 1,423,000 1,171,000 1,103,000 964,000 778,000 531,000 458,000 412,000 209,000 203,000 202,000 179,000 178,000 169,000 166,000 112,000 108,000 102,000 102,000 99,000 80,000

Nunavut 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28.

Lloyd’s Underwriters ................................ RSA Canada Group .................................. AIG Insurance Co Of Canada................... Northbridge Financial Corporation .......... Travelers Canada ...................................... Intact Financial Corporation..................... Zurich Insurance Company Ltd ............... ACE INA Insurance .................................. TD Insurance, General Insurance ............ Aviva Canada Inc ...................................... Peace Hills General Insurance ................. Allianz Global Risks US ............................ Factory Mutual Insurance Company ....... CNA Canada ............................................. RBC General Insurance ............................ Chubb Insurance Co of Canada .............. Co–operators General Insurance Co ....... Desjardins General Insurance Group ...... Economical Insurance .............................. Wawanesa Mutual Insurance................... XL Insurance Company SE ...................... State Farm Insurance Company .............. FCT ............................................................ Arch Insurance (Canada) .......................... Allstate Insurance Co of Canada ............. RBC Insurance Company Of Canada...... Everest Insurance Co of Canada ............. Boiler Inspection & Insurance Company.

6,565,000 3,466,000 3,050,000 2,727,000 2,080,000 1,923,000 1,249,000 1,076,000 842,000 759,000 725,000 583,000 574,000 463,000 416,000 378,000 306,000 209,000 156,000 98,000 97,000 86,000 72,000 65,000 55,000 41,000 36,000 30,000

Notes:

Northwest Territories 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

60_2013 TOP 30.indd 61

48,277,000 44,250,000 43,193,000 42,720,000 28,597,000 27,360,000 21,523,000 21,122,000 20,458,000 17,890,000 17,525,000 17,517,000 11,798,000

Aviva Canada Inc ...................................... Intact Financial Corporation..................... TD Insurance, General Insurance ............ Lloyd’s Underwriters ................................ RSA Canada Group .................................. Co–operators General Insurance Co ....... Zurich Insurance Company Ltd ............... AIG Insurance Co Of Canada................... Travelers Canada ...................................... Northbridge Financial Corporation .......... Allianz Global Risks US ............................ Desjardins General Insurance Group ...... Peace Hills General Insurance ................. Guarantee Company Of North America .. XL Insurance Company SE ...................... CNA Canada ............................................. Liberty Mutual Insurance.......................... ACE INA Insurance .................................. RBC General Insurance ............................ Wawanesa Mutual Insurance................... Economical Insurance .............................. Chubb Insurance Co of Canada .............. RBC Insurance Company Of Canada...... Wynward Insurance Group ...................... State Farm Insurance Company .............. Trisura Guarantee Insurance.................... Allstate Insurance Co of Canada ............. FCT ............................................................ Western Surety Company ........................ Factory Mutual Insurance Company .......

14,556,000 13,135,000 7,563,000 7,122,000 4,396,000 4,229,000 3,519,000 3,434,000 2,909,000 2,618,000 1,781,000 1,503,000 1,279,000 731,000 550,000 520,000 518,000 516,000 350,000 342,000 341,000 340,000 316,000 311,000 302,000 252,000 218,000 188,000 174,000 162,000 61

15-06-01 9:24 AM

Leading Companies In The Provinces Direct Written Premiums – PROPERTY – 2014 Newfoundland 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

RSA Canada Group .................................. Intact Financial Corporation..................... Aviva Canada Inc ...................................... Co–operators General Insurance Co ....... Lloyd’s Underwriters ................................ Northbridge Financial Corporation .......... Travelers Canada ...................................... TD Insurance, General Insurance ............ Factory Mutual Insurance Company ....... AIG Insurance Co Of Canada................... Economical Insurance .............................. Zurich Insurance Company Ltd ............... Allianz Global Risks US ............................ Desjardins General Insurance Group ...... Liberty Mutual Insurance.......................... RBC General Insurance ............................ ACE INA Insurance .................................. Wynward Insurance Group ...................... Arch Insurance (Canada) .......................... Affiliated FM Insurance ............................ Chubb Insurance Co of Canada .............. Western Financial Insurance.................... Portage La Prairie Mutual ........................ CNA Canada ............................................. Cumis General Insurance ......................... Omega General Insurance ....................... XL Insurance Company SE ...................... RBC Insurance Company Of Canada...... Triton Insurance ........................................ Tokio Marine & Nichido Fire .....................

53,415,000 44,488,000 35,656,000 33,196,000 14,309,000 10,003,000 9,193,000 6,674,000 6,421,000 5,353,000 4,480,000 4,276,000 3,984,000 1,890,000 1,129,000 1,090,000 840,000 839,000 629,000 571,000 513,000 493,000 493,000 392,000 335,000 313,000 298,000 161,000 144,000 135,000

Prince Edward Island 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

PEI Mutual Insurance Company .............. Co–operators General Insurance Co ....... Travelers Canada ...................................... Aviva Canada Inc ...................................... Intact Financial Corporation..................... RSA Canada Group .................................. Economical Insurance .............................. Lloyd’s Underwriters ................................ Northbridge Financial Corporation .......... Wawanesa Mutual Insurance................... TD Insurance, General Insurance ............ Desjardins General Insurance Group ...... Factory Mutual Insurance Company ....... Portage La Prairie Mutual ........................ AIG Insurance Co Of Canada................... Zurich Insurance Company Ltd ............... Affiliated FM Insurance ............................ RBC General Insurance ............................ Guarantee Company Of North America .. CAA Insurance Company (Ontario) ........ Cumis General Insurance ......................... Wynward Insurance Group ...................... Western Financial Insurance.................... Liberty Mutual Insurance.......................... ACE INA Insurance .................................. Arch Insurance (Canada) .......................... Chubb Insurance Co of Canada .............. Allianz Global Risks US ............................ CNA Canada ............................................. Omega General Insurance .......................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.

Intact Financial Corporation..................... RSA Canada Group .................................. Aviva Canada Inc ...................................... Co–operators General Insurance Co ....... Economical Insurance .............................. TD Insurance, General Insurance ............ Wawanesa Mutual Insurance................... Travelers Canada ...................................... Lloyd’s Underwriters ................................ Portage La Prairie Mutual ........................ Allstate Insurance Co of Canada .............

16,728,000 6,392,000 5,378,000 3,883,000 3,000,000 2,996,000 2,116,000 2,055,000 1,576,000 1,424,000 1,147,000 784,000 755,000 701,000 570,000 539,000 363,000 331,000 260,000 229,000 199,000 177,000 128,000 120,000 98,000 91,000 88,000 77,000 69,000 46,000

Nova Scotia

60_2013 TOP 30.indd 62

76,416,000 53,580,000 43,153,000 30,169,000 25,614,000 25,435,000 22,388,000 20,031,000 14,776,000 12,963,000 10,949,000

12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Desjardins General Insurance Group ...... Northbridge Financial Corporation .......... AIG Insurance Co Of Canada................... Kings Mutual Insurance Company .......... RBC General Insurance ............................ Antigonish Farmers’ Mutual ..................... Pembridge Insurance Company .............. Factory Mutual Insurance Company ....... Zurich Insurance Company Ltd ............... Clare Mutual Insurance Company ........... Wynward Insurance Group ...................... Western Financial Insurance.................... Cumis General Insurance ......................... Allianz Global Risks US ............................ CNA Canada ............................................. XL Insurance Company SE ...................... CAA Insurance Company (Ontario) ........ Guarantee Company Of North America .. Chubb Insurance Co of Canada ..............

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Intact Financial Corporation..................... Aviva Canada Inc ...................................... Wawanesa Mutual Insurance................... Co–operators General Insurance Co ....... RSA Canada Group .................................. Economical Insurance .............................. TD Insurance, General Insurance ............ State Farm Insurance Company .............. Allstate Insurance Co of Canada ............. Lloyd’s Underwriters ................................ Travelers Canada ...................................... Factory Mutual Insurance Company ....... Northbridge Financial Corporation .......... AIG Insurance Co Of Canada................... Desjardins General Insurance Group ...... Portage La Prairie Mutual ........................ Pembridge Insurance Company .............. Zurich Insurance Company Ltd ............... Fundy Mutual Insurance........................... RBC General Insurance ............................ Cumis General Insurance ......................... XL Insurance Company SE ...................... Chubb Insurance Co of Canada .............. Allianz Global Risks US ............................ Wynward Insurance Group ...................... CAA Insurance Company (Ontario) ........ Arch Insurance (Canada) .......................... CNA Canada ............................................. ACE INA Insurance .................................. Liberty Mutual Insurance..........................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24.

Intact Financial Corporation..................... Desjardins General Insurance Group ...... La Capitale Assurances Gen Inc ............. Aviva Canada Inc ...................................... RSA Canada Group .................................. Lloyd’s Underwriters ................................ TD Insurance, General Insurance ............ Zurich Insurance Company Ltd ............... SSQ, Societe D’Assurances Gen ............. Industrielle Alliance Compagnie .............. L’Unique Assurances Generales ............. Northbridge Financial Corporation .......... Economical Insurance .............................. AIG Insurance Co Of Canada................... Chubb Insurance Co of Canada .............. Co–operators General Insurance Co ....... Affiliated FM Insurance ............................ Le Groupe Estrie–Richelieu...................... Allstate Insurance Co of Canada ............. Factory Mutual Insurance Company ....... Guarantee Company Of North America .. Wawanesa Mutual Insurance................... Optimum General Inc ............................... Travelers Canada ......................................

10,228,000 8,948,000 8,863,000 7,222,000 5,422,000 4,973,000 4,689,000 3,869,000 3,391,000 2,567,000 2,514,000 2,061,000 1,555,000 1,428,000 1,336,000 1,268,000 1,189,000 1,121,000 833,000

New Brunswick 39,970,000 33,396,000 30,360,000 24,339,000 24,286,000 19,643,000 15,907,000 15,878,000 14,961,000 13,618,000 9,783,000 8,157,000 7,594,000 5,920,000 4,949,000 4,584,000 4,168,000 3,589,000 3,251,000 3,089,000 2,154,000 1,865,000 1,753,000 1,579,000 1,478,000 1,305,000 1,232,000 1,191,000 974,000 659,000

Québec 812,393,000 617,125,000 227,426,000 185,915,000 174,646,000 119,669,000 100,445,000 98,552,000 93,719,000 92,979,000 89,556,000 66,379,000 63,565,000 57,036,000 49,512,000 48,746,000 41,201,000 39,929,000 37,282,000 34,476,000 30,511,000 25,178,000 23,760,000 16,396,000

25. 26. 27. 28. 29. 30.

RBC General Insurance ............................ Allianz Global Risks US ............................ ACE INA Insurance .................................. Liberty Mutual Insurance.......................... CNA Canada ............................................. Arch Insurance (Canada) ..........................

14,673,000 9,102,000 7,942,000 6,833,000 5,488,000 5,162,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Intact Financial Corporation..................... Aviva Canada Inc ...................................... TD Insurance, General Insurance ............ State Farm Insurance Company .............. RSA Canada Group .................................. Co–operators General Insurance Co ....... Ontario Mutual Insurance......................... Economical Insurance .............................. Travelers Canada ...................................... Allstate Insurance Co of Canada ............. Wawanesa Mutual Insurance................... Lloyd’s Underwriters ................................ Chubb Insurance Co of Canada .............. Desjardins General Insurance Group ...... Northbridge Financial Corporation .......... RBC General Insurance ............................ Zurich Insurance Company Ltd ............... AIG Insurance Co Of Canada................... Gore Mutual Insurance Company............ Guarantee Company Of North America .. Factory Mutual Insurance Company ....... North Waterloo Farmers Mutual .............. CAA Insurance Company (Ontario) ........ ACE INA Insurance .................................. Affiliated FM Insurance ............................ Pembridge Insurance Company .............. Allianz Global Risks US ............................ Unica Insurance ........................................ Western Financial Insurance.................... Cumis General Insurance .........................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Wawanesa Mutual Insurance................... 107,414,000 Aviva Canada Inc ...................................... 74,480,000 Red River Mutual ...................................... 71,719,000 Intact Financial Corporation..................... 60,537,000 Portage La Prairie Mutual ........................ 50,032,000 Co–operators General Insurance Co ....... 32,827,000 Lloyd’s Underwriters ................................ 17,905,000 RSA Canada Group .................................. 15,546,000 SGI Canada Group ................................... 15,448,000 Northbridge Financial Corporation .......... 13,749,000 Peace Hills General Insurance ................. 13,681,000 Zurich Insurance Company Ltd ............... 11,837,000 AIG Insurance Co Of Canada................... 11,613,000 Cumis General Insurance ......................... 9,746,000 Economical Insurance .............................. 9,597,000 Factory Mutual Insurance Company ....... 8,616,000 Travelers Canada ...................................... 8,237,000 TD Insurance, General Insurance ............ 7,311,000 Desjardins General Insurance Group ...... 7,147,000 CNA Canada ............................................. 6,971,000 Wynward Insurance Group ...................... 6,866,000 Optimum General Inc ............................... 5,435,000 Saskatchewan Mutual Insurance ............ 4,868,000 Allianz Global Risks US ............................ 4,865,000 ACE INA Insurance .................................. 3,911,000 Alberta Motor Association ....................... 3,496,000 Mutual Fire Insurance Co of BC .............. 3,370,000 Chubb Insurance Co of Canada .............. 3,303,000 Arch Insurance (Canada) .......................... 2,808,000 Great American Insurance ....................... 1,985,000

1. 2. 3. 4.

SGI Canada Group ................................... 233,990,000 Wawanesa Mutual Insurance................... 125,304,000 Co–operators General Insurance Co ....... 64,777,000 Aviva Canada Inc ...................................... 38,705,000

Ontario 825,230,000 553,981,000 471,829,000 389,889,000 367,399,000 351,166,000 349,755,000 316,183,000 292,718,000 194,989,000 168,519,000 168,396,000 161,224,000 159,693,000 157,810,000 124,585,000 107,046,000 104,895,000 89,969,000 65,853,000 63,361,000 48,997,000 35,421,000 31,783,000 29,656,000 29,623,000 29,089,000 25,405,000 21,570,000 21,142,000

Manitoba

Saskatchewan

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:24 AM

Leading Companies In The Provinces Direct Written Premiums – PROPERTY – 2014 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Northbridge Financial Corporation .......... Saskatchewan Mutual Insurance ............ Lloyd’s Underwriters ................................ AIG Insurance Co Of Canada................... Mennonite Mutual Fire Ins Co of SK ....... Wynward Insurance Group ...................... RSA Canada Group .................................. Zurich Insurance Company Ltd ............... Portage La Prairie Mutual ........................ Factory Mutual Insurance Company ....... Intact Financial Corporation..................... Red River Mutual ...................................... ACE INA Insurance .................................. Peace Hills General Insurance ................. CNA Canada ............................................. Economical Insurance .............................. TD Insurance, General Insurance ............ Travelers Canada ...................................... Allianz Global Risks US ............................ Liberty Mutual Insurance.......................... Mutual Fire Insurance Co of BC .............. Great American Insurance ....................... XL Insurance Company SE ...................... Cumis General Insurance ......................... Chubb Insurance Co of Canada .............. Affiliated FM Insurance ............................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Intact Financial Corporation..................... Wawanesa Mutual Insurance................... TD Insurance, General Insurance ............ Co–operators General Insurance Co ....... Aviva Canada Inc ...................................... Lloyd’s Underwriters ................................ RSA Canada Group .................................. AIG Insurance Co Of Canada................... Economical Insurance .............................. Zurich Insurance Company Ltd ............... Peace Hills General Insurance ................. Northbridge Financial Corporation .......... Alberta Motor Association ....................... Travelers Canada ...................................... Allianz Global Risks US ............................ State Farm Insurance Company .............. Allstate Insurance Co of Canada ............. Chubb Insurance Co of Canada .............. SGI Canada Group ................................... ACE INA Insurance .................................. CNA Canada ............................................. Desjardins General Insurance Group ...... Factory Mutual Insurance Company ....... RBC General Insurance ............................ Portage La Prairie Mutual ........................ Liberty Mutual Insurance.......................... Great American Insurance ....................... Canadian Direct Insurance....................... Saskatchewan Mutual Insurance ............ Arch Insurance (Canada) ..........................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17.

RSA Canada Group .................................. Intact Financial Corporation..................... Lloyd’s Underwriters ................................ Aviva Canada Inc ...................................... Wawanesa Mutual Insurance................... Economical Insurance .............................. Co–operators General Insurance Co ....... Travelers Canada ...................................... Northbridge Financial Corporation .......... AIG Insurance Co Of Canada................... Zurich Insurance Company Ltd ............... Gore Mutual Insurance Company............ Chubb Insurance Co of Canada .............. Optimum General Inc ............................... Mutual Fire Insurance Co of BC .............. Allianz Global Risks US ............................ Peace Hills General Insurance .................

32,559,000 27,648,000 23,836,000 15,627,000 14,590,000 14,418,000 12,568,000 12,545,000 11,706,000 9,918,000 9,199,000 7,477,000 6,896,000 6,824,000 4,886,000 4,388,000 3,853,000 3,778,000 3,275,000 3,198,000 3,111,000 3,107,000 2,507,000 2,011,000 1,956,000 1,842,000

Alberta 392,399,000 327,441,000 267,497,000 255,328,000 222,607,000 188,450,000 176,122,000 174,636,000 90,196,000 77,953,000 74,573,000 74,519,000 74,206,000 70,699,000 54,746,000 48,179,000 39,337,000 36,719,000 28,666,000 25,895,000 25,195,000 24,680,000 21,807,000 19,828,000 19,316,000 17,309,000 15,356,000 15,168,000 13,676,000 11,567,000

British Columbia 320,924,000 301,680,000 278,291,000 214,905,000 210,032,000 168,013,000 104,544,000 82,306,000 79,638,000 78,233,000 73,446,000 59,280,000 54,702,000 50,969,000 48,163,000 47,120,000 44,250,000

18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Factory Mutual Insurance Company ....... Canadian Direct Insurance....................... TD Insurance, General Insurance ............ ACE INA Insurance .................................. CNA Canada ............................................. Echelon General Insurance ...................... Wynward Insurance Group ...................... Western Financial Insurance.................... Guarantee Company Of North America .. Affiliated FM Insurance ............................ Omega General Insurance ....................... RBC General Insurance ............................ Liberty Mutual Insurance..........................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

RSA Canada Group .................................. Aviva Canada Inc ...................................... TD Insurance, General Insurance ............ Co–operators General Insurance Co ....... Wawanesa Mutual Insurance................... AIG Insurance Co Of Canada................... Intact Financial Corporation..................... Lloyd’s Underwriters ................................ Peace Hills General Insurance ................. Zurich Insurance Company Ltd ............... Northbridge Financial Corporation .......... Travelers Canada ...................................... ACE INA Insurance .................................. Desjardins General Insurance Group ...... RBC General Insurance ............................ Western Financial Insurance.................... Wynward Insurance Group ...................... Factory Mutual Insurance Company ....... Allianz Global Risks US ............................ Triton Insurance ........................................ Arch Insurance (Canada) .......................... CNA Canada ............................................. Mitsui Sumitomo Insurance ..................... RBC Insurance Company Of Canada...... Omega General Insurance ....................... Chubb Insurance Co of Canada .............. Echelon General Insurance ...................... Everest Insurance Co of Canada ............. XL Insurance Company SE ...................... Great American Insurance .......................

Yukon Territory 3,219,000 3,091,000 2,937,000 2,833,000 2,394,000 1,460,000 1,451,000 1,098,000 858,000 710,000 424,000 290,000 242,000 198,000 165,000 80,000 77,000 75,000 68,000 42,000 41,000 41,000 36,000 18,000 17,000 16,000 14,000 10,000 6,000 3,000

Nunavut 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25.

Lloyd’s Underwriters ................................ Northbridge Financial Corporation .......... AIG Insurance Co Of Canada................... RSA Canada Group .................................. Zurich Insurance Company Ltd ............... ACE INA Insurance .................................. Travelers Canada ...................................... Peace Hills General Insurance ................. Intact Financial Corporation..................... Factory Mutual Insurance Company ....... CNA Canada ............................................. Allianz Global Risks US ............................ TD Insurance, General Insurance ............ RBC General Insurance ............................ Co–operators General Insurance Co ....... Arch Insurance (Canada) .......................... Desjardins General Insurance Group ...... Chubb Insurance Co of Canada .............. Everest Insurance Co of Canada ............. Aviva Canada Inc ...................................... Western Financial Insurance.................... Liberty Mutual Insurance.......................... RBC Insurance Company Of Canada...... Boiler Inspection & Insurance Company. Omega General Insurance .......................

3,567,000 2,433,000 2,188,000 1,485,000 1,125,000 918,000 887,000 627,000 586,000 452,000 304,000 266,000 239,000 200,000 143,000 76,000 68,000 31,000 21,000 9,000 7,000 6,000 4,000 4,000 2,000

Notes:

Northwest Territories 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

60_2013 TOP 30.indd 63

41,340,000 31,788,000 28,597,000 22,662,000 19,803,000 15,235,000 14,998,000 10,749,000 10,440,000 10,182,000 9,862,000 8,662,000 7,284,000

Aviva Canada Inc ...................................... Intact Financial Corporation..................... Lloyd’s Underwriters ................................ TD Insurance, General Insurance ............ AIG Insurance Co Of Canada................... Co–operators General Insurance Co ....... Travelers Canada ...................................... RSA Canada Group .................................. Northbridge Financial Corporation .......... Allianz Global Risks US ............................ Zurich Insurance Company Ltd ............... Peace Hills General Insurance ................. Desjardins General Insurance Group ...... Wynward Insurance Group ...................... CNA Canada ............................................. ACE INA Insurance .................................. Factory Mutual Insurance Company ....... Liberty Mutual Insurance.......................... Chubb Insurance Co of Canada .............. RBC General Insurance ............................ Affiliated FM Insurance ............................ Western Financial Insurance.................... RBC Insurance Company Of Canada...... Arch Insurance (Canada) .......................... Triton Insurance ........................................ Omega General Insurance ....................... Great American Insurance ....................... Everest Insurance Co of Canada ............. Tokio Marine & Nichido Fire ..................... Echelon General Insurance ......................

8,014,000 3,928,000 2,865,000 2,122,000 1,958,000 1,876,000 1,492,000 1,491,000 1,354,000 974,000 852,000 775,000 349,000 277,000 266,000 235,000 146,000 118,000 86,000 82,000 79,000 64,000 29,000 29,000 27,000 23,000 21,000 9,000 8,000 2,000 63

15-06-01 9:24 AM

Leading Companies In The Provinces Direct Written Premiums – AUTOMOBILE – 2014 Newfoundland 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

RSA Canada Group .................................. 100,070,000 Intact Financial Corporation..................... 98,959,000 Aviva Canada Inc ...................................... 84,525,000 Co–operators General Insurance Co ....... 38,287,000 TD Insurance, General Insurance ............ 18,803,000 Travelers Canada ...................................... 16,760,000 Northbridge Financial Corporation .......... 9,280,000 Economical Insurance .............................. 8,181,000 RBC General Insurance ............................ 6,954,000 Desjardins General Insurance Group ...... 6,053,000 Zurich Insurance Company Ltd ............... 1,899,000 Portage La Prairie Mutual ........................ 786,000 ACE INA Insurance .................................. 585,000 Old Republic Insurance Company........... 554,000 AIG Insurance Co Of Canada................... 415,000 Liberty Mutual Insurance.......................... 230,000 Lloyd’s Underwriters ................................ 182,000 Chubb Insurance Co of Canada .............. 166,000 Cumis General Insurance ......................... 154,000 Motors Insurance Corporation................. 83,000 American Road Insurance Company ...... 79,000 Guarantee Company Of North America .. 67,000 Everest Insurance Co of Canada ............. 36,000 Tokio Marine & Nichido Fire ..................... 33,000 CNA Canada ............................................. 21,000 Mitsui Sumitomo Insurance ..................... 16,000 XL Insurance Company SE ...................... 7,000 Protective Insurance Company ............... 6,000 Allianz Global Risks US ............................ 4,000 Hartford Fire Insurance ............................ 3,000

Prince Edward Island 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Travelers Canada ...................................... Aviva Canada Inc ...................................... Co–operators General Insurance Co ....... Wawanesa Mutual Insurance................... TD Insurance, General Insurance ............ RSA Canada Group .................................. Intact Financial Corporation..................... Desjardins General Insurance Group ...... Portage La Prairie Mutual ........................ Economical Insurance .............................. RBC General Insurance ............................ Northbridge Financial Corporation .......... CAA Insurance Company (Ontario) ........ Echelon General Insurance ...................... Cumis General Insurance ......................... Guarantee Company Of North America .. AIG Insurance Co Of Canada................... ACE INA Insurance .................................. Zurich Insurance Company Ltd ............... Liberty Mutual Insurance.......................... Old Republic Insurance Company........... Everest Insurance Co of Canada ............. Chubb Insurance Co of Canada .............. RBC Insurance Company Of Canada...... Protective Insurance Company ............... XL Insurance Company SE ...................... Tokio Marine & Nichido Fire ..................... CNA Canada ............................................. Lloyd’s Underwriters ................................ Mitsui Sumitomo Insurance .....................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.

Intact Financial Corporation..................... Aviva Canada Inc ...................................... RSA Canada Group .................................. TD Insurance, General Insurance ............ Wawanesa Mutual Insurance................... Co–operators General Insurance Co ....... Economical Insurance .............................. Travelers Canada ...................................... Allstate Insurance Co of Canada ............. Portage La Prairie Mutual ........................ Desjardins General Insurance Group ......

11,385,000 10,352,000 10,213,000 8,951,000 7,127,000 4,336,000 4,329,000 3,574,000 3,086,000 3,018,000 2,816,000 1,960,000 1,162,000 718,000 508,000 401,000 329,000 204,000 162,000 45,000 26,000 9,000 5,000 4,000 3,000 3,000 2,000 2,000 1,000 –3,000

Nova Scotia

60_2013 TOP 30.indd 64

86,171,000 67,657,000 58,822,000 53,266,000 47,371,000 30,015,000 29,832,000 25,630,000 25,082,000 24,569,000 19,439,000

12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Echelon General Insurance ...................... RBC General Insurance ............................ Northbridge Financial Corporation .......... Pembridge Insurance Company .............. Zurich Insurance Company Ltd ............... Pafco Insurance Company....................... CAA Insurance Company (Ontario) ........ Guarantee Company Of North America .. AIG Insurance Co Of Canada................... ACE INA Insurance .................................. Lloyd’s Underwriters ................................ Cumis General Insurance ......................... Liberty Mutual Insurance.......................... American Road Insurance Company ...... Chubb Insurance Co of Canada .............. CNA Canada ............................................. Tokio Marine & Nichido Fire ..................... Arch Insurance (Canada) .......................... RBC Insurance Company Of Canada......

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Wawanesa Mutual Insurance................... Aviva Canada Inc ...................................... Intact Financial Corporation..................... Allstate Insurance Co of Canada ............. TD Insurance, General Insurance ............ Economical Insurance .............................. RSA Canada Group .................................. Co–operators General Insurance Co ....... State Farm Insurance Company .............. Pembridge Insurance Company .............. Travelers Canada ...................................... Northbridge Financial Corporation .......... Desjardins General Insurance Group ...... RBC General Insurance ............................ Portage La Prairie Mutual ........................ Zurich Insurance Company Ltd ............... AIG Insurance Co Of Canada................... ACE INA Insurance .................................. CAA Insurance Company (Ontario) ........ Pafco Insurance Company....................... Cumis General Insurance ......................... Lloyd’s Underwriters ................................ Old Republic Insurance Company........... Echelon General Insurance ...................... Liberty Mutual Insurance.......................... Guarantee Company Of North America .. CNA Canada ............................................. American Road Insurance Company ...... Chubb Insurance Co of Canada .............. RBC Insurance Company Of Canada......

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24.

Intact Financial Corporation..................... Desjardins General Insurance Group ...... La Capitale Assurances Gen Inc ............. Aviva Canada Inc ...................................... Industrielle Alliance Compagnie .............. SSQ, Societe D’Assurances Gen ............. RSA Canada Group .................................. TD Insurance, General Insurance ............ L’Unique Assurances Generales ............. Allstate Insurance Co of Canada ............. Northbridge Financial Corporation .......... Economical Insurance .............................. Wawanesa Mutual Insurance................... Zurich Insurance Company Ltd ............... Pafco Insurance Company....................... Co–operators General Insurance Co ....... RBC General Insurance ............................ Lloyd’s Underwriters ................................ Echelon General Insurance ...................... AIG Insurance Co Of Canada................... Chubb Insurance Co of Canada .............. Optimum General Inc ............................... Guarantee Company Of North America .. ACE INA Insurance ..................................

15,333,000 10,859,000 10,402,000 9,826,000 4,746,000 3,499,000 2,749,000 1,489,000 1,394,000 961,000 697,000 658,000 281,000 246,000 124,000 100,000 90,000 81,000 74,000

New Brunswick 74,870,000 50,763,000 48,592,000 39,469,000 36,716,000 36,112,000 32,505,000 28,792,000 28,131,000 12,404,000 11,740,000 11,661,000 11,578,000 8,248,000 7,571,000 4,579,000 4,014,000 3,441,000 3,144,000 2,100,000 1,604,000 1,314,000 942,000 582,000 548,000 495,000 167,000 114,000 73,000 43,000

Québec 918,312,000 559,557,000 319,047,000 225,760,000 129,460,000 125,833,000 122,242,000 87,172,000 80,622,000 58,837,000 57,888,000 44,373,000 33,957,000 28,325,000 20,960,000 19,551,000 16,062,000 11,032,000 10,643,000 6,892,000 6,616,000 5,533,000 4,178,000 3,844,000

25. 26. 27. 28. 29. 30.

Liberty Mutual Insurance.......................... Travelers Canada ...................................... American Road Insurance Company ...... CNA Canada ............................................. Le Groupe Estrie–Richelieu...................... Tokio Marine & Nichido Fire .....................

2,497,000 2,481,000 2,102,000 1,705,000 1,100,000 472,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Intact Financial Corporation.....................2,019,078,000 TD Insurance, General Insurance ............1,331,876,000 Aviva Canada Inc ......................................1,240,015,000 State Farm Insurance Company ..............1,064,046,000 Allstate Insurance Co of Canada ............. 755,492,000 Economical Insurance .............................. 704,582,000 Desjardins General Insurance Group ...... 672,877,000 RSA Canada Group .................................. 664,217,000 Co–operators General Insurance Co ....... 630,077,000 Travelers Canada ...................................... 597,536,000 RBC General Insurance ............................ 465,686,000 Wawanesa Mutual Insurance................... 416,751,000 Northbridge Financial Corporation .......... 261,187,000 Ontario Mutual Insurance......................... 259,417,000 Gore Mutual Insurance Company............ 180,326,000 Pembridge Insurance Company .............. 151,755,000 CAA Insurance Company (Ontario) ........ 131,209,000 Zurich Insurance Company Ltd ............... 101,833,000 Guarantee Company Of North America .. 90,699,000 Echelon General Insurance ...................... 87,640,000 Unica Insurance ........................................ 80,533,000 Pafco Insurance Company....................... 67,499,000 Chubb Insurance Co of Canada .............. 63,307,000 Old Republic Insurance Company........... 52,002,000 SGI Canada Group ................................... 43,468,000 AIG Insurance Co Of Canada................... 42,978,000 Cumis General Insurance ......................... 38,580,000 North Waterloo Farmers Mutual .............. 37,555,000 Portage La Prairie Mutual ........................ 30,145,000 Optimum General Inc ............................... 29,385,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Northbridge Financial Corporation .......... Saskatchewan Mutual Insurance ............ Aviva Canada Inc ...................................... ACE INA Insurance .................................. Lloyd’s Underwriters ................................ AIG Insurance Co Of Canada................... Zurich Insurance Company Ltd ............... RBC General Insurance ............................ RSA Canada Group .................................. Co–operators General Insurance Co ....... Intact Financial Corporation..................... Motors Insurance Corporation................. CNA Canada ............................................. Travelers Canada ...................................... American Road Insurance Company ...... Economical Insurance .............................. Liberty Mutual Insurance.......................... Chubb Insurance Co of Canada .............. SGI Canada Group ................................... Everest Insurance Co of Canada ............. Mitsui Sumitomo Insurance ..................... Old Republic Insurance Company........... Hartford Fire Insurance ............................ Protective Insurance Company ............... Cumis General Insurance ......................... XL Insurance Company SE ...................... Guarantee Company Of North America .. Tokio Marine & Nichido Fire ..................... Echelon General Insurance ...................... Arch Insurance (Canada) ..........................

Ontario

Manitoba 2,826,000 1,692,000 1,228,000 916,000 611,000 581,000 571,000 446,000 416,000 385,000 330,000 248,000 246,000 215,000 181,000 104,000 99,000 86,000 83,000 58,000 34,000 31,000 27,000 20,000 15,000 9,000 3,000 3,000 1,000 –4,000

Saskatchewan 1. 2. 3. 4.

SGI Canada Group ................................... 155,373,000 Saskatchewan Mutual Insurance ............ 9,030,000 Co–operators General Insurance Co ....... 7,473,000 Aviva Canada Inc ...................................... 6,044,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:24 AM

Leading Companies In The Provinces Direct Written Premiums – AUTOMOBILE – 2014 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Northbridge Financial Corporation .......... Lloyd’s Underwriters ................................ Intact Financial Corporation..................... Zurich Insurance Company Ltd ............... Portage La Prairie Mutual ........................ ACE INA Insurance .................................. AIG Insurance Co Of Canada................... RSA Canada Group .................................. Mennonite Mutual Fire Ins Co of SK ....... American Road Insurance Company ...... RBC General Insurance ............................ Motors Insurance Corporation................. CNA Canada ............................................. Travelers Canada ...................................... Liberty Mutual Insurance.......................... Chubb Insurance Co of Canada .............. Everest Insurance Co of Canada ............. Hartford Fire Insurance ............................ Old Republic Insurance Company........... Cumis General Insurance ......................... XL Insurance Company SE ...................... Protective Insurance Company ............... Arch Insurance (Canada) .......................... Mitsui Sumitomo Insurance ..................... Economical Insurance .............................. Tokio Marine & Nichido Fire .....................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Intact Financial Corporation..................... Wawanesa Mutual Insurance................... TD Insurance, General Insurance ............ Co–operators General Insurance Co ....... Aviva Canada Inc ...................................... RSA Canada Group .................................. Alberta Motor Association ....................... Economical Insurance .............................. State Farm Insurance Company .............. Northbridge Financial Corporation .......... Travelers Canada ...................................... Desjardins General Insurance Group ...... Allstate Insurance Co of Canada ............. Peace Hills General Insurance ................. RBC General Insurance ............................ Canadian Direct Insurance....................... SGI Canada Group ................................... Zurich Insurance Company Ltd ............... Portage La Prairie Mutual ........................ CNA Canada ............................................. AIG Insurance Co Of Canada................... Chubb Insurance Co of Canada .............. Liberty Mutual Insurance.......................... Pembridge Insurance Company .............. ACE INA Insurance .................................. Old Republic Insurance Company........... Echelon General Insurance ...................... Lloyd’s Underwriters ................................ Cumis General Insurance ......................... Optimum General Inc ...............................

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17.

Economical Insurance .............................. RSA Canada Group .................................. Canadian Direct Insurance....................... Intact Financial Corporation..................... Northbridge Financial Corporation .......... Zurich Insurance Company Ltd ............... Lloyd’s Underwriters ................................ Aviva Canada Inc ...................................... RBC General Insurance ............................ AIG Insurance Co Of Canada................... Echelon General Insurance ...................... Travelers Canada ...................................... ACE INA Insurance .................................. CNA Canada ............................................. American Road Insurance Company ...... Liberty Mutual Insurance.......................... Everest Insurance Co of Canada .............

2,779,000 1,771,000 1,618,000 1,498,000 976,000 816,000 560,000 488,000 453,000 435,000 427,000 420,000 383,000 255,000 243,000 148,000 82,000 30,000 22,000 18,000 17,000 14,000 9,000 5,000 3,000 2,000

Alberta 796,887,000 533,148,000 511,598,000 311,483,000 310,923,000 242,390,000 241,058,000 156,366,000 125,011,000 99,079,000 95,720,000 92,232,000 84,998,000 70,439,000 54,433,000 52,276,000 51,422,000 41,301,000 21,392,000 11,579,000 11,558,000 10,628,000 10,505,000 10,383,000 10,334,000 6,693,000 6,192,000 6,149,000 3,226,000 3,167,000

British Columbia 92,444,000 49,835,000 42,238,000 15,624,000 15,469,000 6,719,000 3,698,000 3,478,000 2,225,000 2,185,000 2,046,000 1,176,000 901,000 672,000 609,000 383,000 330,000

18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Co–operators General Insurance Co ....... Chubb Insurance Co of Canada .............. Motors Insurance Corporation................. Hartford Fire Insurance ............................ Protective Insurance Company ............... Tokio Marine & Nichido Fire ..................... XL Insurance Company SE ...................... Old Republic Insurance Company........... Mitsui Sumitomo Insurance ..................... Federal Insurance Company .................... Guarantee Company Of North America .. Cumis General Insurance ......................... L’Unique Assurances Generales .............

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

TD Insurance, General Insurance ............ Wawanesa Mutual Insurance................... Aviva Canada Inc ...................................... Co–operators General Insurance Co ....... RSA Canada Group .................................. Intact Financial Corporation..................... Peace Hills General Insurance ................. Northbridge Financial Corporation .......... Travelers Canada ...................................... Desjardins General Insurance Group ...... Zurich Insurance Company Ltd ............... RBC General Insurance ............................ Lloyd’s Underwriters ................................ Economical Insurance .............................. State Farm Insurance Company .............. ACE INA Insurance .................................. Allstate Insurance Co of Canada ............. Old Republic Insurance Company........... CNA Canada ............................................. Liberty Mutual Insurance.......................... Guarantee Company Of North America .. Gore Mutual Insurance Company............ AIG Insurance Co Of Canada................... Echelon General Insurance ...................... Pembridge Insurance Company .............. American Road Insurance Company ...... SGI Canada Group ................................... RBC Insurance Company Of Canada...... Mitsui Sumitomo Insurance ..................... Everest Insurance Co of Canada .............

Yukon Territory 7,565,000 4,435,000 3,720,000 3,534,000 2,509,000 2,285,000 978,000 740,000 607,000 579,000 425,000 247,000 195,000 178,000 108,000 104,000 58,000 42,000 32,000 24,000 19,000 18,000 17,000 15,000 14,000 12,000 10,000 9,000 7,000 6,000

Nunavut 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

RSA Canada Group .................................. Intact Financial Corporation..................... TD Insurance, General Insurance ............ Aviva Canada Inc ...................................... Travelers Canada ...................................... RBC General Insurance ............................ Economical Insurance .............................. Desjardins General Insurance Group ...... Northbridge Financial Corporation .......... Co–operators General Insurance Co ....... Zurich Insurance Company Ltd ............... Peace Hills General Insurance ................. Wawanesa Mutual Insurance................... State Farm Insurance Company .............. Allstate Insurance Co of Canada ............. AIG Insurance Co Of Canada................... ACE INA Insurance .................................. Old Republic Insurance Company........... CNA Canada ............................................. Gore Mutual Insurance Company............ Pembridge Insurance Company .............. Guarantee Company Of North America .. Lloyd’s Underwriters ................................ Liberty Mutual Insurance.......................... Echelon General Insurance ...................... XL Insurance Company SE ...................... RBC Insurance Company Of Canada...... SGI Canada Group ................................... Canadian Direct Insurance....................... Everest Insurance Co of Canada .............

1,661,000 924,000 603,000 426,000 405,000 216,000 156,000 141,000 122,000 119,000 113,000 98,000 98,000 86,000 55,000 46,000 25,000 22,000 21,000 13,000 13,000 12,000 12,000 11,000 9,000 8,000 7,000 7,000 4,000 3,000

Notes:

Northwest Territories 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

60_2013 TOP 30.indd 65

267,000 229,000 119,000 101,000 97,000 90,000 73,000 68,000 39,000 10,000 8,000 6,000 –305,000

Intact Financial Corporation..................... TD Insurance, General Insurance ............ Aviva Canada Inc ...................................... RSA Canada Group .................................. Co–operators General Insurance Co ....... Desjardins General Insurance Group ...... Northbridge Financial Corporation .......... Travelers Canada ...................................... Peace Hills General Insurance ................. Zurich Insurance Company Ltd ............... Wawanesa Mutual Insurance................... Economical Insurance .............................. State Farm Insurance Company .............. RBC General Insurance ............................ Allstate Insurance Co of Canada ............. CNA Canada ............................................. ACE INA Insurance .................................. Lloyd’s Underwriters ................................ Pembridge Insurance Company .............. Gore Mutual Insurance Company............ Liberty Mutual Insurance.......................... Old Republic Insurance Company........... American Road Insurance Company ...... RBC Insurance Company Of Canada...... Guarantee Company Of North America .. Echelon General Insurance ...................... AIG Insurance Co Of Canada................... Canadian Direct Insurance....................... SGI Canada Group ................................... Chubb Insurance Co of Canada ..............

5,458,000 5,441,000 3,948,000 2,319,000 2,000,000 1,152,000 820,000 749,000 504,000 465,000 342,000 341,000 302,000 268,000 218,000 101,000 88,000 69,000 51,000 49,000 45,000 42,000 39,000 33,000 30,000 22,000 21,000 20,000 19,000 18,000 65

15-06-01 9:24 AM

2014 LEADINg CoMPANIES — DIRECT WRITTEN BASIS (Excludes outside of Canada) Aircraft

Boiler & Machinery - excld

% of Market

2014 D.W.P.

1. Lloyd’s Underwriters .........................

43.96

116,864,000

2. Allianz Global Risks US .....................

16.97

45,107,000

3. Munich Reinsurance Cda Group ........

9.27

24,655,000

4. AIG Insurance Co Of Canada .............

8.07

21,464,000

5. Swiss Reinsurance Group .................

7.50

19,941,000

6. Northbridge Financial Corporation .....

4.59

7. XL Insurance Company SE ................

Boiler & Machinery - equip

2014 D.W.P.

% of Market

2014 D.W.P.

1. Trisura Guarantee Insurance .............

50.03

18,946,000

2. Motors Insurance Corporation ...........

32.38

12,262,000

3. Lloyd’s Underwriters .........................

17.58

1. RSA Canada Group ...........................

15.40

61,635,000

2. Factory Mutual Insurance Company ..

11.67

46,705,000

3. Intact Financial Corporation ..............

11.11

44,448,000

4. Lloyd’s Underwriters .........................

10.80

43,208,000

5. Aviva Canada Inc ..............................

8.83

35,351,000

12,208,000

6. Boiler Inspection & Insurance Co.......

7.63

30,528,000

3.60

9,583,000

7. Zurich Insurance Company Ltd .........

4.81

19,260,000

8. Mitsui Sumitomo Insurance ..............

2.06

5,479,000

8. Allianz Global Risks US .....................

4.26

17,041,000

9. Liberty Mutual Insurance ..................

1.31

3,485,000

9. AIG Insurance Co Of Canada .............

3.26

13,048,000

10. ACE INA Insurance ...........................

1.24

3,289,000

10. Economical Insurance .......................

2.77

11,089,000

11. Intact Financial Corporation ..............

1.20

3,184,000

11. Travelers Canada ..............................

2.33

9,316,000

12. Berkley Insurance Company..............

0.22

587,000

12. Chubb Insurance Co of Canada .........

2.23

8,920,000

1. Chubb Insurance Co of Canada .........

19.46

21,704,000

13. SGI Canada Group.............................

0.02

66,000

13. Wawanesa Mutual Insurance ............

2.15

8,605,000

2. Guarantee Co Of North America ........

14.92

16,642,000

14. Old Republic Insurance Company......

0.01

39,000

14. Co–operators General Insurance Co ..

2.12

8,488,000

3. Travelers Canada ..............................

10.33

11,523,000

15. Aspen Insurance UK Limited .............

–0.05

–122,000

15. Northbridge Financial Corporation .....

1.91

7,626,000

4. AIG Insurance Co Of Canada .............

9.95

11,094,000

265,829,000

16. Affiliated FM Insurance .....................

1.67

6,684,000

5. Lloyd’s Underwriters .........................

9.86

10,998,000

17. Swiss Reinsurance Group .................

1.35

5,407,000

6. Liberty Mutual Insurance ..................

6.85

7,639,000

18. Munich Reinsurance Cda Group ........

1.02

4,065,000

7. Cumis General Insurance ..................

6.80

7,582,000

19. Gore Mutual Insurance Company ......

0.86

3,436,000

8. RSA Canada Group ...........................

3.46

3,862,000

2014 D.W.P.

20. Desjardins General Insurance Group .

0.78

3,116,000

9. Desjardins General Insurance Group .

2.48

2,772,000

21. SGI Canada Group.............................

0.61

2,440,000

10. Trisura Guarantee Insurance .............

2.26

2,519,000

0.57

2,267,000

11. Great American Insurance.................

2.16

2,413,000

TOTAL ..............................................

Marine % of Market

TOTAL ..............................................

6,658,000 37,866,000

Fidelity % of Market

2014 D.W.P.

1. RSA Canada Group ...........................

15.23

55,078,000

22. CNA Canada .....................................

2. Lloyd’s Underwriters .........................

13.08

47,313,000

23. Wynward Insurance Group ................

0.39

1,575,000

12. Economical Insurance .......................

2.05

2,290,000

0.21

846,000

13. Northbridge Financial Corporation .....

1.91

2,130,000

3. Aviva Canada Inc ..............................

11.83

42,778,000

24. Guarantee Co Of North America ........

4. AIG Insurance Co Of Canada .............

10.44

37,757,000

25. Optimum General Inc ........................

0.19

779,000

14. Intact Financial Corporation ..............

1.33

1,486,000

0.17

694,000

15. Zurich Insurance Company Ltd .........

1.30

1,446,000

5. CNA Canada .....................................

9.85

35,634,000

26. North Waterloo Farmers Mutual ........

6. Northbridge Financial Corporation .....

9.30

33,628,000

27. Le Groupe Estrie–Richelieu ...............

0.15

620,000

16. CNA Canada .....................................

0.90

1,008,000

0.11

442,000

17. Ontario School Board’s Insurance .....

0.90

1,003,000

7. Intact Financial Corporation ..............

6.77

24,486,000

28. Trisura Guarantee Insurance .............

8. Travelers Canada ..............................

4.03

14,584,000

29. Mitsui Sumitomo Insurance ..............

0.10

398,000

18. Co–operators General Insurance Co ..

0.84

934,000

0.09

373,000

19. Aviva Canada Inc ..............................

0.80

891,000

9. Allianz Global Risks US .....................

4.03

14,562,000

30. Cumis General Insurance ..................

10. Zurich Insurance Company Ltd .........

2.89

10,443,000

31. Ontario School Board’s Insurance .....

0.09

363,000

20. Berkley Insurance Company..............

0.40

451,000

0.08

307,000

21. Arch Insurance (Canada) ...................

0.37

418,000

11. ACE INA Insurance ...........................

2.66

9,637,000

32. Mutual Fire Insurance Co of BC .........

12. Co–operators General Insurance Co ..

2.08

7,518,000

33. Mennonite Mutual Fire Ins Co of SK ..

0.05

195,000

22. SGI Canada Group.............................

0.37

409,000

0.05

182,000

23. Mitsui Sumitomo Insurance ..............

0.10

109,000

13. Pacific Coast Fishermen’s Mutual Marine

1.67

6,039,000

34. Great American Insurance.................

14. Liberty Mutual Insurance ..................

1.63

5,897,000

35. Berkley Insurance Company..............

0.04

150,000

24. Tokio Marine & Nichido Fire ..............

0.07

80,000

0.04

148,000

25. Sompo Japan Nipponkoa ..................

0.05

60,000

15. Great American Insurance.................

1.27

4,608,000

36. Tokio Marine & Nichido Fire ..............

16. Chubb Insurance Co of Canada .........

0.64

2,307,000

37. Everest Insurance Co of Canada........

0.04

142,000

26. Hartford Fire Insurance .....................

0.04

43,000

0.03

108,000

27. Optimum General Inc ........................

0.03

37,000

17. XL Insurance Company SE ................

0.55

1,977,000

38. Saskatchewan Mutual Insurance ......

18. Berkley Insurance Company..............

0.51

1,855,000

39. Ontario Mutual Insurance ..................

0.03

107,000

28. Triton Insurance................................

0.03

34,000

0.02

68,000

29. Ontario Mutual Insurance ..................

0.03

29,000

19. Affiliated FM Insurance .....................

0.47

1,716,000

40. Sompo Japan Nipponkoa ..................

20. Guarantee Co Of North America ........

0.38

1,364,000

41. Federal Insurance Company..............

0.00

12,000

30. Federal Insurance Company..............

0.02

21,000

0.00

12,000

31. Saskatchewan Mutual Insurance ......

0.01

15,000

0.00

9,000

32. State Farm Insurance Company ........

0.01

12,000

400,213,000

33. Western Surety Company..................

0.01

7,000

34. Wynward Insurance Group ................

0.00

1,000

35. ACE INA Insurance ...........................

–0.10

–111,000

21. Tokio Marine & Nichido Fire ..............

0.27

991,000

42. ACE INA Insurance ...........................

22. Mitsui Sumitomo Insurance ..............

0.16

591,000

43. Hartford Fire Insurance ..................... TOTAL ..............................................

23. Sompo Japan Nipponkoa ..................

0.15

548,000

24. Aspen Insurance UK Limited .............

0.06

204,000

25. Associated Electric & Gas Insurance .

0.03

121,000

26. Hartford Fire Insurance .....................

0.00

3,000

TOTAL ..............................................

Title

361,639,000

Legal Expense % of Market

2014 D.W.P.

TOTAL .............................................. % of Market

111,551,000

2014 D.W.P.

1. FCT...................................................

50.64

130,013,000

2. Stewart Title Guaranty Company .......

37.03

95,066,000

3. Chicago Title.....................................

10.32

26,489,000

4. Lawyers’ Professional Indemnity .......

2.01

5,170,000

5. Arch Insurance (Canada) ...................

0.01

Hail % of Market

2014 D.W.P.

14,000

1. Co–operative Hail Ins Co Ltd .............

70.51

46,959,000

256,752,000

2. ACE INA Insurance ...........................

13.29

8,850,000

4,728,000

3. Northbridge Financial Corporation .....

11.34

7,553,000

6.40

1,642,000

4. Allianz Global Risks US .....................

4.14

2,760,000

5. Guarantee Co Of North America ........

6.19

1,588,000

5. North Waterloo Farmers Mutual ........

0.29

191,000

6. Echelon General Insurance................

1.96

502,000

6. Intact Financial Corporation ..............

0.24

163,000

7. Co–operators General Insurance Co ..

0.09

23,000

7. Ontario Mutual Insurance ..................

0.18

1. DAS Legal Protection Insurance Co ...

42.25

10,840,000

2. La Capitale Assurances Gen Inc ........

24.69

6,336,000

3. Intact Financial Corporation ..............

18.43

4. Lloyd’s Underwriters .........................

TOTAL ..............................................

66-67_LeadCos DWB 2013.indd 66

25,659,000

TOTAL ..............................................

Mortgage % of Market 1. FCT................................................... 100.00 TOTAL ..............................................

2014 D.W.P. 6,382,000 6,382,000

TOTAL ..............................................

123,000 66,599,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:24 AM

2014 LEADINg CoMPANIES — DIRECT WRITTEN BASIS (Excludes outside of Canada) Liability

other Approved Products

Liability (continued) % of Market

2014 D.W.P.

% of Market

2014 D.W.P.

% of Market

2014 D.W.P.

1. Lloyd’s Underwriters .........................

17.87

948,006,000

63. T.H.E. Insurance Company ................

0.02

813,000

2. Intact Financial Corporation ..............

10.71

568,475,000

1. Corepointe Insurance ........................

121.88

39,000

64. Promutuel Reassurance ....................

0.01

572,000

3. Aviva Canada Inc ..............................

7.06

374,845,000

2. Zurich Insurance Company Ltd .........

–21.88

–7,000

65. Fundy Mutual Insurance....................

0.01

377,000

4. AIG Insurance Co Of Canada .............

6.25

331,777,000

TOTAL ..............................................

66. Clare Mutual Insurance Company .....

0.01

366,000

5. Zurich Insurance Company Ltd .........

6.03

320,053,000

67. Federal Insurance Company..............

0.00

244,000

6. RSA Canada Group ...........................

4.31

228,739,000

68. RBC General Insurance .....................

0.00

135,000

7. Co–operators General Insurance Co ..

4.03

213,688,000

69. Industrielle Alliance Compagnie ........

0.00

1,000

8. Chubb Insurance Co of Canada .........

4.01

212,697,000

70. SSQ, Societe D’Assurances Gen........

–0.00

–2,000

9. Northbridge Financial Corporation .....

3.98

211,415,000

TOTAL ..............................................

10. Travelers Canada ..............................

3.44

182,614,000

2. Aviva Canada Inc ..............................

14.49

76,663,000

11. Economical Insurance .......................

3.09

164,086,000

3. Guarantee Co Of North America ........

13.52

71,536,000

12. Liberty Mutual Insurance ..................

2.52

133,472,000

4. Travelers Canada ..............................

12.62

66,766,000

13. ACE INA Insurance ...........................

2.43

129,030,000

5. Zurich Insurance Company Ltd .........

7.19

38,026,000

14. Lawyers’ Professional Indemnity .......

2.20

116,979,000

6. Trisura Guarantee Insurance .............

7.16

37,912,000

15. CNA Canada .....................................

2.08

110,366,000

7. Western Surety Company..................

4.47

23,632,000

8. Lloyd’s Underwriters .........................

3.65

19,341,000

9. Liberty Mutual Insurance ..................

2.45

12,991,000

10. Chubb Insurance Co of Canada .........

2.37

12,530,000

11. L’Unique Assurances Generales ........

2.23

11,810,000

12. ACE INA Insurance ...........................

2.06

10,888,000

13. Co–operators General Insurance Co ..

1.90

10,032,000

14. AIG Insurance Co Of Canada .............

1.41

7,479,000

15. CNA Canada .....................................

1.24

6,554,000

16. SGI Canada Group.............................

0.68

3,576,000

17. RSA Canada Group ...........................

0.43

2,258,000

18. Economical Insurance .......................

0.34

1,818,000

19. Northbridge Financial Corporation .....

0.25

1,348,000

20. Berkley Insurance Company..............

0.20

1,084,000

21. Desjardins General Insurance Group .

0.08

403,000

22. Aspen Insurance UK Limited .............

0.06

339,000

23. La Capitale Assurances Gen Inc ........

0.04

205,000

24. Wynward Insurance Group ................

0.03

145,000

25. XL Insurance Company SE ................

0.02

107,000

26. State Farm Insurance Company ........

0.01

58,000

27. Great American Insurance.................

0.01

47,000

28. Everest Insurance Co of Canada........

0.01

37,000

29. Hartford Fire Insurance .....................

0.00

5,000

30. Cumis General Insurance ..................

0.00

4,000

31. Mitsui Sumitomo Insurance ..............

0.00

3,000

32. Optimum General Inc ........................

0.00

5,306,004,000

Accident & Sickness % of Market

2014 D.W.P.

30.00

172,739,000

16. Munich Reinsurance Cda Group ........

1.60

84,656,000

1. RBC Insurance Company Of Canada..

17. XL Insurance Company SE ................

1.59

84,382,000

2. RSA Canada Group ...........................

22.32

128,527,000

17.92

103,180,000

18. Motors Insurance Corporation ...........

1.41

74,701,000

3. AIG Insurance Co Of Canada .............

19. Allianz Global Risks US .....................

1.20

63,644,000

4. Allianz Global Risks US .....................

9.98

57,442,000

7.18

41,347,000

20. Ontario Mutual Insurance ..................

1.15

61,103,000

5. Lloyd’s Underwriters .........................

21. Guarantee Co Of North America ........

1.00

53,047,000

6. Triton Insurance................................

4.78

27,515,000

2.21

12,715,000

22. Swiss Reinsurance Group .................

0.88

46,954,000

7. Chubb Insurance Co of Canada .........

23. State Farm Insurance Company ........

0.88

46,548,000

8. ACE INA Insurance ...........................

1.66

9,564,000

1.17

6,722,000

24. SGI Canada Group.............................

0.87

45,919,000

9. Legacy General Insurance.................

25. Wawanesa Mutual Insurance ............

0.82

43,545,000

10. Echelon General Insurance................

1.03

5,910,000

0.81

4,644,000

26. Berkley Insurance Company..............

0.78

41,319,000

11. CAA Insurance Company (Ontario)....

27. Everest Insurance Co of Canada........

0.71

37,638,000

12. Alberta Motor Association .................

0.24

1,368,000

0.18

1,043,000

28. Trisura Guarantee Insurance .............

0.58

30,511,000

13. Aviva Canada Inc ..............................

29. Associated Electric & Gas Insurance .

0.52

27,816,000

14. Zurich Insurance Company Ltd .........

0.17

960,000

0.13

720,000

30. Desjardins General Insurance Group .

0.52

27,742,000

15. Co–operators General Insurance Co ..

31. Arch Insurance (Canada) ...................

0.51

27,046,000

16. Everest Insurance Co of Canada........

0.06

340,000

0.05

310,000

32. Gore Mutual Insurance Company ......

0.50

26,771,000

17. Guarantee Co Of North America ........

33. XL Re America Inc – Cdn Branch ......

0.45

23,632,000

18. Ontario Mutual Insurance ..................

0.05

302,000

0.03

199,000

34. Ontario School Board’s Insurance .....

0.43

22,836,000

19. Cumis General Insurance ..................

35. Wynward Insurance Group ................

0.35

18,662,000

20. Berkley Insurance Company..............

0.01

76,000

0.01

49,000

36. Optimum General Inc ........................

0.32

17,162,000

21. SGI Canada Group.............................

37. Aspen Insurance UK Limited .............

0.32

17,045,000

22. Gore Mutual Insurance Company ......

0.01

33,000

0.00

25,000

38. Great American Insurance.................

0.31

16,440,000

23. Northbridge Financial Corporation .....

39. TD Insurance, General Insurance ......

0.23

12,089,000

24. North Waterloo Farmers Mutual ........

0.00

8,000

0.00

3,000

40. Unica Insurance ................................

0.16

8,744,000

25. Mennonite Mutual Fire Ins Co of SK ..

41. Portage La Prairie Mutual..................

0.15

8,118,000

TOTAL ..............................................

42. The Mearie Group .............................

0.15

7,786,000

43. Cumis General Insurance ..................

0.14

7,659,000

44. Echelon General Insurance................

0.13

6,708,000

45. North Waterloo Farmers Mutual ........

0.12

6,408,000

46. Saskatchewan Mutual Insurance ......

0.11

5,734,000

47. La Capitale Assurances Gen Inc ........

0.11

5,621,000

1. Euler Hermes North America Insurance

59.70

45,989,000

48. Mitsui Sumitomo Insurance ..............

0.10

5,422,000

2. Atradius Credit Insurance N.V ...........

14.66

11,294,000

49. Red River Mutual ..............................

0.10

5,322,000

3. AIG Insurance Co Of Canada .............

13.74

10,588,000

50. Hartford Fire Insurance .....................

0.10

5,064,000

4. Lloyd’s Underwriters .........................

7.52

5,796,000

51. Le Groupe Estrie–Richelieu ...............

0.09

4,945,000

5. Guarantee Co Of North America ........

4.25

3,275,000

52. Mutual Fire Insurance Co of BC .........

0.09

4,885,000

6. Echelon General Insurance................

0.12

53. Old Republic Insurance Company......

0.09

4,524,000

TOTAL ..............................................

54. Tokio Marine & Nichido Fire ..............

0.07

3,802,000

55. L’Unique Assurances Generales ........

0.06

3,089,000

56. PEI Mutual Insurance Company.........

0.06

3,000,000

57. Omega General Insurance.................

0.04

2,131,000

58. Canadian Direct Insurance ................

0.04

1,969,000

59. Sompo Japan Nipponkoa ..................

0.03

1,763,000

60. Kings Mutual Insurance Company .....

0.02

1,250,000

61. Mennonite Mutual Fire Ins Co of SK ..

0.02

1,218,000

62. Antigonish Farmers’ Mutual ..............

0.02

886,000

Surety % of Market 1. Intact Financial Corporation .............. 21.09

TOTAL ..............................................

2014 D.W.P. 111,615,000

3,000 529,215,000

Credit % of Market

2014 D.W.P.

90,000 77,032,000

Credit Protection % of Market

2014 D.W.P.

1. Arch Insurance (Canada) ...................

52.66

6,703,000

2. Legacy General Insurance.................

47.34

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

66-67_LeadCos DWB 2013.indd 67

575,741,000

32,000

TOTAL ..............................................

6,026,000 12,729,000

15-06-01 9:24 AM

2014

SUmmARy RESULTS By NATIoNALITy of CompANy IN CANADA

FFF

ToTAL INSURANCE Net premiums Written $ 27,568,246,000 1,853,797,000 9,295,239,000 6,058,938,000

Net premiums Earned $ 27,160,140,000 1,814,179,000 9,063,033,000 5,930,553,000

Net Claims and Adjusting Expenses $ 18,610,665,000 1,378,854,000 5,870,535,000 3,561,622,000

Earned Loss Ratio % 68.52 76.00 64.77 60.06

Total.............................. 44,776,220,000

43,967,905,000

29,421,676,000

66.92

Canadian ....................... Foreign .......................... U.K. ............................... U.S. ...............................

AUTomoBILE INSURANCE Net premiums Earned

Net Claims and Adjusting Expenses

Earned Loss Ratio

$ Canadian ....................... 15,076,471,000 Foreign .......................... 293,906,000 U.K. ............................... 3,322,018,000 U.S. ............................... 2,481,199,000

$ 14,937,301,000 288,425,000 3,327,217,000 2,445,688,000

$ 11,155,298,000 279,247,000 2,324,866,000 1,831,700,000

% 74.68 96.82 69.87 74.90

Total.............................. 21,173,594,000

20,998,631,000

15,591,111,000

74.25

Net premiums Written

pRopERTy INSURANCE Net premiums Written $ 10,107,029,000 874,449,000 3,566,130,000 1,929,431,000

Net premiums Earned $ 9,857,823,000 856,797,000 3,430,584,000 1,880,102,000

Net Claims and Adjusting Expenses $ 6,315,691,000 489,843,000 2,110,531,000 1,165,064,000

Earned Loss Ratio % 64.07 57.17 61.52 61.97

Total.............................. 16,477,039,000

16,025,306,000

10,081,129,000

62.91

Canadian ....................... Foreign .......................... U.K. ............................... U.S. ...............................

REmAINING INSURANCE

Canadian ....................... Foreign .......................... U.K. ............................... U.S. ...............................

Net premiums Written $ 2,384,746,000 685,442,000 2,407,091,000 1,648,308,000

Net premiums Earned $ 2,365,016,000 668,957,000 2,305,232,000 1,604,763,000

Net Claims and Adjusting Expenses $ 1,139,676,000 609,764,000 1,435,138,000 564,858,000

Earned Loss Ratio % 48.19 91.15 62.26 35.20

Total..............................

7,125,587,000

6,943,968,000

3,749,436,000

54.00

68_Smry by Nation 2013.indd 68

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:24 AM

2014

Summary reSultS By type Of COmpany In CanaDa

FFF

tOtal InSuranCe net premiums Written $

Brokerage .......................... Direct ................................. Reinsurance.......................

31,889,470,000 11,191,977,000 1,694,773,000

total ..................................

44,776,220,000

net premiums Written %

71.22 25.00 3.78

net premiums earned $

31,390,060,000 10,915,726,000 1,662,119,000

net premiums earned %

net Claims & adj. exps. $

net Claims & adj. exps. %

earned loss ratio %

71.39 24.83 3.78

21,023,544,000 7,599,621,000 798,511,000

71.46 25.83 2.71

66.98 69.62 48.04

43,967,905,000

29,421,676,000

66.92

autOmOBIle InSuranCe net premiums Written $

Brokerage .......................... Direct ................................. Reinsurance.......................

14,586,608,000 6,369,175,000 217,811,000

total ..................................

21,173,594,000

net premiums Written %

68.89 30.08 1.03

net premiums earned $

14,542,609,000 6,236,790,000 219,232,000

net premiums earned %

net Claims & adj. exps. $

net Claims & adj. exps. %

earned loss ratio %

69.26 29.70 1.04

10,916,030,000 4,590,859,000 84,222,000

70.01 29.45 0.54

75.06 73.61 38.42

20,998,631,000

15,591,111,000

74.25

prOperty InSuranCe net premiums Written $

Brokerage .......................... Direct ................................. Reinsurance.......................

11,795,708,000 3,634,759,000 1,046,572,000

total ..................................

16,477,039,000

net premiums Written %

71.59 22.06 6.35

net premiums earned $

11,506,001,000 3,508,371,000 1,010,934,000

net premiums earned %

net Claims & adj. exps. $

net Claims & adj. exps. %

earned loss ratio %

71.80 21.89 6.31

7,291,096,000 2,300,775,000 489,258,000

72.32 22.82 4.85

63.37 65.58 48.40

16,025,306,000

10,081,129,000

62.91

remaInInG InSuranCe net premiums Written $

Brokerage .......................... Direct ................................. Reinsurance.......................

5,507,154,000 1,188,043,000 430,390,000

total ..................................

7,125,587,000

CanaDIan unDerWrIter StatIStICal ISSue 2015

69_ Smry by Type 2013.indd 69

net premiums Written %

77.29 16.67 6.04

net premiums earned $

5,341,450,000 1,170,565,000 431,953,000 6,943,968,000

net premiums earned %

net Claims & adj. exps. $

net Claims & adj. exps. %

earned loss ratio %

76.92 16.86 6.22

2,816,418,000 707,987,000 225,031,000

75.12 18.88 6.00

52.73 60.48 52.10

3,749,436,000

54.00

15-06-01 9:22 AM

CANADIAN 2014 UNDERWRITINg ExPERIENCE COMPILED BY “CANADIAN UNDERWRITER” COMPANY TYPE: B — Brokerage D — Direct Writer R — Reinsurance Only L — Life Only g — Government

COMPANY OWNERShIP: C — Canadian US — United States UK — United Kingdom F — Foreign

ACE INA INSURANCE

Abraham Andrew Hollenberg, President & Chief Executive Officer 1400-25 York St Toronto ON M5J 2V5 416-368-2911 Fax:416-594-3000 www.acegroup.com

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Hail ......................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

25,061,000 25,061,000 537,000 9,308,000 226,000 4,479,000 14,013,000 1,000 –212,000 31,000 55,978,000 8,615,000 2,352,000 3,688,000 ——————— 110,064,000 118,318,000 220,896,000 210,713,000 208,123,000

Net Prems Earned

30,248,000 30,248,000 440,000 13,387,000 218,000 6,763,000 20,368,000 10,000 102,000 29,000 48,496,000 5,885,000 3,247,000 3,788,000 ——————— 112,613,000 118,063,000 212,616,000 208,000,000 212,380,000

Net Claims Incurred

–97,000 13,691,000 13,594,000 –370,000 16,213,000 380,000 5,486,000 22,079,000 2,000 –32,000 –4,000 54,996,000 –289,000 1,536,000 750,000 ——————— 92,262,000 108,996,000 172,828,000 151,440,000 144,148,000

Claims Ratio

0.00 45.26 44.94 –84.09 121.11 174.31 81.12 108.40 20.00 –31.37 –13.79 113.40 –4.91 47.31 19.80 ————— 81.93 92.32 81.29 72.81 67.87

2014 Direct Premiums Written: +318,461,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 46,463,000 Reinsurance Ceded ........................... 266,326,000 Net Premiums Written ....................... 110,064,000 Net Premiums Earned ....................... 112,613,000 Net Claims & Adj Exp .......................... 92,262,000 Commissions ....................................... –7,020,000 Taxes ................................................... 10,656,000 General Expenses ............................... 24,466,000 Undwrwtg. Profit/Loss......................... –7,751,000 Investment Income .............................. 25,794,000

Underwriting Result 2014: 2011:

–$77,751,000 +$129,000

2013: 2010:

Growth: –5.63% %

Growth Rate (NPW) .................................. –6.98 % of Market (NPW) .................................... 0.25 Earned Loss Ratio .................................... 81.93 Total Expense Ratio ................................. 24.95 Combined Loss & Exp. Ratio ................. 106.88 Return on Equity......................................... 8.52

–$24,730,000 +$13,117,000

2012:

AFFILIATED FM INSURANCE COMPANY

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Boiler/Mach-excld .................. Liability ................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

74,000 77,416,000 77,490,000 7,291,000

73,000 81,579,000 81,652,000 6,473,000

1,658,000 ——————— 86,439,000 91,687,000 97,600,000 82,822,000 76,948,000

1,605,000 ——————— 89,730,000 93,714,000 90,607,000 78,743,000 72,433,000

Net Claims Incurred

26,000 67,933,000 67,959,000 6,165,000 26,000 1,104,000 ——————— 75,254,000 106,196,000 102,718,000 38,193,000 39,968,000

Claims Ratio

35.62 83.27 83.23 95.24 0.00 68.79 ————— 83.87 113.32 113.37 48.50 55.18

2014 Direct Premiums Written: +100,136,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 23,988,000 Net Premiums Written ......................... 86,439,000 Net Premiums Earned ......................... 89,730,000 Net Claims & Adj Exp .......................... 75,254,000 Commissions ......................................... 8,952,000 Taxes ..................................................... 5,589,000 General Expenses ............................... 13,973,000 Undwrwtg. Profit/Loss....................... –14,048,000 Investment Income .............................. 10,888,000

Underwriting Result 2014: 2011:

–$14,048,000 +$24,386,000

2013: 2010:

–$17,196,000

B-US

Kenneth V Lavigne, Chief Agent 500-165 Commerce Valley Dr. W. Thornhill ON L3T 7V8 905-763-5555 Fax:905-763-5556 www.affiliatedfm.com

Class

B-US

Growth: –8.99% %

Growth Rate (NPW) .................................. –5.72 % of Market (NPW) .................................... 0.20 Earned Loss Ratio .................................... 83.87 Total Expense Ratio ................................. 31.78 Combined Loss & Exp. Ratio ................. 115.65 Return on Equity....................................... –0.30

–$33,983,000 +$16,698,000

2012:

–$29,776,000

ALBERTA MOTOR ASSOCIATION D-C Katzell, Vice-President & Chief Operating Officer INSURANCE COMPANY Robert 11220 109 St NW Edmonton AB T5G 2T6 780-341-7766 Fax:780-341-7890 www.amainsurance.ca Class

Net Prems Written

66,842,000 2,316,000 69,158,000 114,398,000 11,071,000 109,894,000 235,363,000 1,291,000 ——————— 305,812,000 279,218,000 260,653,000 251,083,000 241,770,000

70-115_2015 Stat Issue Cdn Underwriters.indd 70

Net Prems Earned

62,663,000 2,341,000 65,004,000 109,535,000 10,582,000 106,160,000 226,277,000 1,240,000 ——————— 292,521,000 268,459,000 254,398,000 246,754,000 238,785,000

Net Claims Incurred

43,576,000 1,124,000 44,700,000 132,382,000 7,305,000 53,695,000 193,382,000 219,000 ——————— 238,301,000 230,238,000 193,842,000 191,970,000 165,314,000

Claims Ratio

69.54 48.01 68.76 120.86 69.03 50.58 85.46 17.66 ————— 81.46 85.76 76.20 77.80 69.23

2014 Direct Premiums Written: +320,352,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 14,540,000 Net Premiums Written ....................... 305,812,000 Net Premiums Earned ....................... 292,521,000 Net Claims & Adj Exp ........................ 238,301,000 Commissions ....................................... 34,102,000 Taxes ..................................................... 9,280,000 General Expenses ............................... 35,697,000 Undwrwtg. Profit/Loss....................... –15,755,000 Investment Income .............................. 22,448,000

Underwriting Result 2014: 2011:

–$15,755,000 –$746,000

2013: 2010:

Growth: 9.41% %

Growth Rate (NPW) .................................... 9.52 % of Market (NPW) .................................... 0.70 Earned Loss Ratio .................................... 81.46 Total Expense Ratio ................................. 27.03 Combined Loss & Exp. Ratio ................. 108.49 Return on Equity......................................... 4.51

–$25,496,000 +$18,319,000

2012:

+$127,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

We are

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© 2015 ACE Group. In Canada, coverages are underwritten by ACE INA Insurance and ACE INA Life Insurance. © 2015Coverages ACE Group. underwritten oneareorsubject moretocompanies ACE Group. coverages jurisdictions. ACE®, ACE logo® and ACE insured.® are trademarks of ACE Limited. may Coverages not be available in all locationsbyand actual policy ofwording. ACE®, Not ACE all logo® and ACE available insured.® inareallregistered trademarks of ACE Limited.

70-115_2015 Stat Issue Cdn Underwriters.indd 71

15-06-02 9:58 AM

AIg INSURANCE COMPANY OF CANADA

B-US

Lynn Oldfield, Chief Executive Officer 1400 145 Wellington St. W. Toronto ON M5J 1H8 416-596-3000 Fax:416-977-2743 www.chartisinsurance.net

Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Credit ...................................... Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

222,765,000 222,765,000 15,894,000 23,264,000 11,159,000 11,403,000 45,826,000 9,656,000 7,124,000 9,740,000 234,645,000 2,794,000 5,869,000 88,740,000 ——————— 643,053,000 587,332,000 539,317,000 562,336,000 586,596,000

Net Prems Earned

207,382,000 207,382,000 13,001,000 20,559,000 8,989,000 10,382,000 39,930,000 7,900,000 6,525,000 9,972,000 225,905,000 6,352,000 4,615,000 88,275,000 ——————— 609,857,000 573,836,000 563,174,000 570,073,000 585,002,000

Net Claims Incurred

113,860,000 113,860,000 13,815,000 21,960,000 3,949,000 9,246,000 35,155,000 19,227,000 3,904,000 –8,394,000 –141,721,000 –10,346,000 2,874,000 45,134,000 ——————— 73,508,000 339,685,000 301,576,000 321,363,000 412,742,000

Claims Ratio

54.90 54.90 106.26 106.81 43.93 89.06 88.04 243.38 59.83 –84.18 –62.73 –162.88 62.28 51.13 ————— 12.05 59.20 53.55 56.37 70.55

2014 Direct Premiums Written: +1,075,729,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 31,866,000 Reinsurance Ceded ........................... 472,698,000 Net Premiums Written ....................... 643,053,000 Net Premiums Earned ....................... 609,857,000 Net Claims & Adj Exp .......................... 73,508,000 Commissions ....................................... 56,079,000 Taxes ................................................... 31,935,000 General Expenses ............................... 70,789,000 Undwrwtg. Profit/Loss....................... 378,565,000 Investment Income ............................ 135,867,000

Underwriting Result 2014: 2011:

+$378,565,000 +$118,096,000

2013: 2010:

Growth: 6.19% %

Growth Rate (NPW) .................................... 9.49 % of Market (NPW) .................................... 1.48 Earned Loss Ratio .................................... 12.05 Total Expense Ratio ................................. 26.04 Combined Loss & Exp. Ratio ................... 38.09 Return on Equity....................................... 29.45

+$78,746,000 +$51,075,000

2012:

ALLIANZ gLOBAL RISKS US INSURANCE COMPANY Kevin Leong, Chief Agent

+$134,908,000

D-US

1600 - 130 Adelaide St. W Toronto ON M5H 3P5 www.agcs.allianz.com kevin.leong@agcs.allianz.com

Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Liability ................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

87,551,000 87,551,000 27,640,000

76,019,000 76,019,000 26,902,000

–279,000 –279,000 33,654,000 43,313,000 10,205,000

–204,000 –204,000 25,744,000 41,870,000 8,654,000

——————— 202,084,000 146,034,000 174,385,000 167,156,000 169,676,000

——————— 178,985,000 163,024,000 177,961,000 163,711,000 157,041,000

Net Claims Incurred

65,123,000 65,123,000 29,631,000 –2,468,000 –818,000 –28,000 –3,314,000 13,109,000 32,483,000 3,879,000 –17,000 ——————— 140,894,000 160,060,000 150,673,000 138,425,000 111,143,000

Claims Ratio

85.67 85.67 110.14 0.00 0.00 13.73 1,624.51 50.92 77.58 44.82 0.00 ————— 78.72 98.18 84.67 84.55 70.77

2014 Direct Premiums Written: +357,543,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 40,822,000 Reinsurance Ceded ........................... 210,151,000 Net Premiums Written ....................... 202,084,000 Net Premiums Earned ....................... 178,985,000 Net Claims & Adj Exp ........................ 140,894,000 Commissions ....................................... 11,997,000 Taxes ................................................... 10,335,000 General Expenses ............................... 29,831,000 Undwrwtg. Profit/Loss....................... –14,072,000 Investment Income .............................. 16,160,000

Underwriting Result 2014: 2011:

–$14,072,000 –$1,574,000

2013: 2010:

Growth: 35.74% %

Growth Rate (NPW) .................................. 38.38 % of Market (NPW) .................................... 0.46 Earned Loss Ratio .................................... 78.72 Total Expense Ratio ................................. 29.14 Combined Loss & Exp. Ratio ................. 107.86 Return on Equity......................................... 1.80

–$40,255,000 +$15,441,000

2012:

ALLSTATE INSURANCE COMPANY OF CANADA

–$13,920,000

D-US

John O’Donnell, President & Chief Executive Officer 27 Allstate Parkway Suite 100 Markham ON L3R 5P8 905-477-6900 Fax:905-475-4991 www.allstate.ca

Class

Net Prems Written

Net Prems Earned

295,183,000

271,986,000

295,183,000 483,164,000 264,608,000 214,636,000 962,408,000

271,986,000 461,601,000 262,423,000 202,211,000 926,235,000

——————— 1,257,591,000 1,147,475,000 1,041,006,000 941,720,000 618,365,000

70-115_2015 Stat Issue Cdn Underwriters.indd 72

——————— 1,198,221,000 1,094,136,000 991,392,000 882,274,000 577,775,000

Net Claims Incurred

162,168,000 16,000 162,184,000 313,646,000 156,467,000 164,886,000 634,999,000 –1,968,000 47,000 ——————— 795,262,000 703,969,000 621,399,000 609,557,000 393,174,000

Claims Ratio

59.62 0.00 59.63 67.95 59.62 81.54 68.56 0.00 0.00 ————— 66.37 64.34 62.68 69.09 68.05

2014 Direct Premiums Written: +1,261,728,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 4,137,000 Net Premiums Written .................... 1,257,591,000 Net Premiums Earned .................... 1,198,221,000 Net Claims & Adj Exp ........................ 795,262,000 Commissions ..................................... 103,515,000 Taxes ................................................... 38,026,000 General Expenses ............................. 195,836,000 Undwrwtg. Profit/Loss......................... 92,773,000 Investment Income .............................. 77,339,000

Underwriting Result 2014: 2011:

+$92,773,000 +$36,022,000

2013: 2010:

Growth: 9.12% %

Growth Rate (NPW) .................................... 9.60 % of Market (NPW) .................................... 2.89 Earned Loss Ratio .................................... 66.37 Total Expense Ratio ................................. 28.16 Combined Loss & Exp. Ratio ................... 94.53 Return on Equity....................................... 17.86

+$93,977,000 +$19,080,000

2012:

+$112,996,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

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AIG Insurance Company of Canada is the licensed underwriter of AIG property casualty insurance products in Canada. Coverage may not be available in all provinces and territories and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. © American International Group, Inc. All rights reserved.

70-115_2015 Stat Issue Cdn Underwriters.indd 73

15-06-02 9:58 AM

AMERICAN ROAD INSURANCE COMPANY

D-US

Colleen Sexsmith, Chief Agent 1145 Nicholson Rd., Unit 2 Newmarket ON L3Y 9C3 905-853-0858 Fax:905-853-0183

Class

Auto. - Other........................... Auto - Total ............................ Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

7,830,000 7,830,000 ——————— 7,830,000 7,417,000 6,697,000 6,470,000 5,886,000

Net Prems Earned

7,830,000 7,830,000 ——————— 7,830,000 7,417,000 6,697,000 6,470,000 5,886,000

Net Claims Incurred

9,087,000 9,087,000 ——————— 9,087,000 6,825,000 6,708,000 6,376,000 5,934,000

Claims Ratio

116.05 116.05 ————— 116.05 92.02 100.16 98.55 100.82

2014 Direct Premiums Written: +7,830,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................................... Net Premiums Written ........................... 7,830,000 Net Premiums Earned ........................... 7,830,000 Net Claims & Adj Exp ............................ 9,087,000 Commissions ......................................................... Taxes ........................................................ 265,000 General Expenses .................................... 557,000 Undwrwtg. Profit/Loss......................... –2,079,000 Investment Income ................................... 393,000

Underwriting Result 2014: 2011:

–$2,079,000 –$577,000

2013: 2010:

Growth: 5.57% %

Growth Rate (NPW) .................................... 5.57 % of Market (NPW) .................................... 0.02 Earned Loss Ratio .................................. 116.05 Total Expense Ratio ................................. 10.50 Combined Loss & Exp. Ratio ................. 126.55 Return on Equity......................................... 0.06

–$242,000 –$713,000

2012:

ANTIgONISh FARMERS’ MUTUAL W.J. Chisholm, Manager INSURANCE COMPANY 188 Main St.

–$768,000

D-C

Antigonish NS B2G 2B9 902-863-3544 Fax:902-863-0664 www.antigonish-mutual.com wjc@antigonish-mutual.com

Class

Prop. - Personal ..................... Prop - Total ........................... Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2010...............................

Net Prems Written

4,113,000 4,113,000 512,000 ——————— 4,625,000 4,388,000 4,294,000 3,633,000

Net Prems Earned

3,965,000 3,965,000 507,000 ——————— 4,472,000 4,269,000 4,082,000 3,435,000

Net Claims Incurred

2,655,000 2,655,000 269,000 ——————— 2,924,000 2,831,000 1,889,000 2,589,000

Claims Ratio

66.96 66.96 53.06 ————— 65.38 66.32 46.28 75.37

2014 Direct Premiums Written: +5,859,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 1,234,000 Net Premiums Written ........................... 4,625,000 Net Premiums Earned ........................... 4,472,000 Net Claims & Adj Exp ............................ 2,924,000 Commissions ............................................ 735,000 Taxes ........................................................ 223,000 General Expenses ................................. 1,098,000 Undwrwtg. Profit/Loss............................ –361,000 Investment Income ................................... 942,000

Underwriting Result 2014:

–$361,000

2013:

Growth: 5.40% %

Growth Rate (NPW) .................................... 5.40 % of Market (NPW) .................................... 0.01 Earned Loss Ratio .................................... 65.38 Total Expense Ratio ................................. 45.97 Combined Loss & Exp. Ratio ................. 111.35 Return on Equity......................................... 5.14

–$410,000

2012:

ARCh INSURANCE (CANADA)

+$487,000

B-F

Hugh Sturgess, Chief Executive Officer 77 King St W, Suite 3600 PO Box 308 Toronto ON M5K 1K2 416-309-8100 Fax:416-309-8150 www.archinsurance.com Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Credit Protection .................... Fidelity .................................... Liability ................................... Surety ..................................... Title ......................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

1,496,000 5,947,000 7,443,000

1,810,000 7,651,000 9,461,000

–273,000 –74,000 60,000 –287,000 2,013,000 21,000 3,298,000 575,000 2,000

32,000 36,000 92,000 160,000 2,637,000 37,000 3,785,000 1,007,000 2,000

——————— 13,065,000 17,956,000 82,729,000 69,286,000 53,806,000

70-115_2015 Stat Issue Cdn Underwriters.indd 74

——————— 17,089,000 47,623,000 75,068,000 62,484,000 44,227,000

Net Claims Incurred

Claims Ratio

1,635,000 1,635,000 –66,000 183,000 –210,000 1,135,000 1,108,000 456,000 –38,000 3,484,000 1,695,000

21.37 17.28 0.00 571.88 –583.33 1,233.70 692.50 17.29 –102.70 92.05 168.32

–15,000 8,000 ——————— 8,267,000 63,584,000 66,355,000 46,972,000 23,311,000

0.00 0.00 ————— 48.38 133.52 88.39 75.17 52.71

2014 Direct Premiums Written: +78,877,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 37,944,000 Reinsurance Ceded ........................... 103,968,000 Net Premiums Written ......................... 13,065,000 Net Premiums Earned ......................... 17,089,000 Net Claims & Adj Exp ............................ 8,267,000 Commissions ..................................... –14,917,000 Taxes ..................................................... 2,970,000 General Expenses ............................... 24,548,000 Undwrwtg. Profit/Loss......................... –3,779,000 Investment Income ................................ 4,254,000

Underwriting Result 2014: 2011:

–$3,779,000 –$1,495,000

2013: 2010:

Growth: –11.95% %

Growth Rate (NPW) ................................ –27.24 % of Market (NPW) .................................... 0.03 Earned Loss Ratio .................................... 48.38 Total Expense Ratio ................................. 73.74 Combined Loss & Exp. Ratio ................. 122.12 Return on Equity......................................... 1.66

–$41,707,000 +$8,350,000

2012:

–$14,727,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

ASSOCIATED ELECTRIC & gAS INSURANCE SERVICES LTD.

D-F

J Brian Reeve, Chief Agent Jesse Benton, Contact 2100-40 King St W Toronto ON M5H 3C2 416-869-5745 Fax:416-350-6955

Class

Net Prems Written

Prop. - Commercial ................ Prop - Total ........................... Liability ................................... Marine.....................................

3,248,000 3,248,000 22,664,000 121,000 ——————— Total 2014 .............................. 26,033,000 Total 2013............................... 22,245,000 Total 2012............................... 16,821,000

Net Prems Earned

3,493,000 3,493,000 18,286,000 121,000 ——————— 21,900,000 20,027,000 19,546,000

Net Claims Incurred

14,494,000 14,494,000 32,275,000 –28,000 ——————— 46,741,000 17,594,000 9,530,000

Claims Ratio

414.94 414.94 176.50 –23.14 ————— 213.43 87.85 48.76

2014 Direct Premiums Written: +44,501,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 18,468,000 Net Premiums Written ......................... 26,033,000 Net Premiums Earned ......................... 21,900,000 Net Claims & Adj Exp .......................... 46,741,000 Commissions ....................................... –2,367,000 Taxes ........................................................ 825,000 General Expenses ................................. 5,948,000 Undwrwtg. Profit/Loss....................... –29,671,000 Investment Income ................................ 1,156,000

Underwriting Result 2014:

–$29,671,000

2013:

Growth: 10.77% %

Growth Rate (NPW) .................................. 17.03 % of Market (NPW) .................................... 0.06 Earned Loss Ratio .................................. 213.43 Total Expense Ratio ................................. 20.12 Combined Loss & Exp. Ratio ................. 233.55 Return on Equity................................................

–$2,646,000

2012:

ATRADIUS CREDIT INSURANCE N.V.

+$5,541,000

D-F

Ian Miller, Chief Agent for Canada Anthony Alfonso, Senior Accountant 83 Little Bridge St Unit 12 PO Box 1346 Almonte ON K0A 1A0 613-256-5035 Fax:613-256-9133

Class

Credit ...................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011...............................

Net Prems Written

3,848,000 ——————— 3,848,000 3,727,000 4,087,000 4,227,000

Net Prems Earned

3,894,000 ——————— 3,894,000 3,558,000 3,811,000 4,127,000

Net Claims Incurred

2,048,000 ——————— 2,048,000 1,817,000 175,000 –654,000

Claims Ratio

52.59 ————— 52.59 51.07 4.59 –15.85

2014 Direct Premiums Written: +11,294,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 7,446,000 Net Premiums Written ........................... 3,848,000 Net Premiums Earned ........................... 3,894,000 Net Claims & Adj Exp ............................ 2,048,000 Commissions ....................................... –1,160,000 Taxes ........................................................ 323,000 General Expenses ................................. 4,355,000 Undwrwtg. Profit/Loss......................... –1,489,000 Investment Income ................................... 131,000

Underwriting Result 2014: 2011:

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 75

–$1,489,000 +$2,815,000

2013:

Growth: 3.95% %

Growth Rate (NPW) .................................... 3.25 % of Market (NPW) .................................... 0.01 Earned Loss Ratio .................................... 52.59 Total Expense Ratio ................................. 90.34 Combined Loss & Exp. Ratio ................. 142.93 Return on Equity....................................... –0.16

–$1,349,000

2012:

+$1,087,000

15-06-02 9:58 AM

AVIVA CANADA INC. AVIVA INSURANCE COMPANY OF CANADA TRADERS gENERAL INSURANCE COMPANY SCOTTISh & YORK INSURANCE CO. LIMITED ELITE INSURANCE COMPANY S&Y INSURANCE COMPANY PILOT INSURANCE COMPANY

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

800,875,000 526,632,000 1,327,507,000 934,559,000 424,049,000 646,483,000 2,005,091,000 34,763,000 810,000 348,838,000 69,437,000 41,827,000 707,000 ——————— 3,828,980,000 3,622,441,000 3,437,983,000 3,291,024,000 3,132,910,000

Net Prems Earned

746,981,000 515,613,000 1,262,594,000 910,539,000 440,364,000 627,575,000 1,978,478,000 33,285,000 814,000 344,895,000 70,300,000 40,269,000 695,000 ——————— 3,731,330,000 3,534,974,000 3,388,615,000 3,218,052,000 3,178,768,000

Net Claims Incurred

530,986,000 383,138,000 914,124,000 622,589,000 311,272,000 446,309,000 1,380,170,000 7,950,000 140,000 155,545,000 14,846,000 19,961,000 593,000 ——————— 2,493,329,000 2,190,688,000 2,099,962,000 2,116,459,000 2,081,272,000

Claims Ratio

71.08 74.31 72.40 68.38 70.69 71.12 69.76 23.88 17.20 45.10 21.12 49.57 85.32 ————— 66.82 61.97 61.97 65.77 65.47

B-UK Greg Somerville, President & Chief Executive Officer 2206 Eglinton Ave. E. Scarborough ON M1L 4S8 416-288-1800 Fax:416-288-9756 www.avivacanada.com

2014 Direct Premiums Written: +3,958,205,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 1,157,000 Reinsurance Ceded ........................... 130,389,000 Net Premiums Written .................... 3,828,980,000 Net Premiums Earned .................... 3,731,330,000 Net Claims & Adj Exp ..................... 2,493,329,000 Commissions ..................................... 747,110,000 Taxes ................................................. 127,595,000 General Expenses ............................. 286,442,000 Undwrwtg. Profit/Loss......................... 76,854,000 Investment Income ............................ 278,080,000

Underwriting Result 2014: 2011:

+$76,854,000 +$87,209,000

2013: 2010:

Growth: 6.05% %

Growth Rate (NPW) .................................... 5.70 % of Market (NPW) .................................... 8.55 Earned Loss Ratio .................................... 66.82 Total Expense Ratio ................................. 31.12 Combined Loss & Exp. Ratio ................... 97.94 Return on Equity......................................... 3.05

+$204,569,000 +$52,202,000

2012:

BERKLEY INSURANCE COMPANY

+$166,046,000

B-US

Andrew P Steen, Chief Agent 145 King St W Suite 1000 Toronto ON M5H 1J8 416-304-1178 Fax:416-304-4108 www.berkleycanada.com Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

5,020,000 5,020,000 357,000 –12,000 –12,000 131,000 519,000 35,786,000 991,000 1,123,000 65,000 ——————— 43,980,000 44,715,000 43,244,000 40,767,000 25,830,000

Net Prems Earned

5,108,000 5,108,000 360,000 35,000 35,000 130,000 224,000 37,715,000 –903,000 1,136,000 5,000 ——————— 43,810,000 44,081,000 42,940,000 34,325,000 21,003,000

Net Claims Incurred

Claims Ratio

2,952,000 2,952,000 251,000

57.79 57.79 69.72

0 11,000 95,000 32,017,000 –612,000 197,000 15,000 ——————— 34,926,000 35,918,000 31,848,000 21,509,000 8,803,000

0.00 8.46 42.41 84.89 67.77 17.34 300.00 ————— 79.72 81.48 74.17 62.66 41.91

2014 Direct Premiums Written: +47,849,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 7,007,000 Reinsurance Ceded ............................. 11,181,000 Net Premiums Written ......................... 43,980,000 Net Premiums Earned ......................... 43,810,000 Net Claims & Adj Exp .......................... 34,926,000 Commissions ....................................... 11,096,000 Taxes ..................................................... 1,542,000 General Expenses ............................... 12,299,000 Undwrwtg. Profit/Loss....................... –12,741,000 Investment Income ................................ 2,405,000

Underwriting Result 2014: 2011:

–$12,741,000 –$5,207,000

2013: 2010:

Growth: –3.83% %

Growth Rate (NPW) .................................. –1.64 % of Market (NPW) .................................... 0.10 Earned Loss Ratio .................................... 79.72 Total Expense Ratio ................................. 56.92 Combined Loss & Exp. Ratio ................. 136.64 Return on Equity....................................... –4.21

–$15,603,000 +$331,000

2012:

–$9,547,000

ThE BOILER INSPECTION AND INSURANCE B-US COMPANY OF CANADA John Mulvihill, President & Chief Executive Officer 250 Yonge St Suite 3000 Toronto ON M5B 2L7 416-363-5491 Fax:416-363-0538 www.biico.com corporate@biico.com

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Boiler/Mach-excld .................. Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

980,000 5,368,000 6,348,000 99,336,000 ——————— 105,684,000 92,206,000 87,794,000 101,502,000 95,944,000

Net Prems Earned

938,000 3,925,000 4,863,000 93,710,000 ——————— 98,573,000 88,994,000 95,235,000 98,197,000 94,939,000

Net Claims Incurred

69,000 3,620,000 3,689,000 26,016,000 ——————— 29,705,000 28,336,000 24,910,000 25,592,000 21,624,000

Claims Ratio

7.36 92.23 75.86 27.76 ————— 30.14 31.84 26.16 26.06 22.78

2014 Direct Premiums Written: +35,174,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 74,646,000 Reinsurance Ceded ............................... 4,225,000 Net Premiums Written ....................... 105,684,000 Net Premiums Earned ......................... 98,573,000 Net Claims & Adj Exp .......................... 29,705,000 Commissions ....................................... 25,584,000 Taxes ..................................................... 1,128,000 General Expenses ............................... 20,203,000 Undwrwtg. Profit/Loss......................... 21,953,000 Investment Income ................................ 4,837,000

Underwriting Result 2014: 2011:

70-115_2015 Stat Issue Cdn Underwriters.indd 76

+$21,953,000 +$21,821,000

2013: 2010:

Growth: 12.02% %

Growth Rate (NPW) .................................. 14.62 % of Market (NPW) .................................... 0.24 Earned Loss Ratio .................................... 30.14 Total Expense Ratio ................................. 47.59 Combined Loss & Exp. Ratio ................... 77.73 Return on Equity....................................... 24.91

+$17,330,000 +$26,460,000

2012:

+$22,351,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

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Overflow from lakes and rivers

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70-115_2015 Stat Issue Cdn Underwriters.indd 77

15-06-02 9:58 AM

CAA INSURANCE COMPANY (ONTARIO)

D-C

Jay Woo, President 60 Commerce Valley Dr. E. Thornhill ON L3T 7P9 905-771-3000 Fax:905-771-3463

Class

Prop. - Personal ..................... Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

40,172,000 40,172,000 66,287,000 42,309,000 23,917,000 132,513,000 2,570,000 ——————— 175,255,000 197,246,000 183,875,000 168,742,000 145,862,000

Net Prems Earned

36,147,000 36,147,000 65,904,000 45,561,000 24,648,000 136,113,000 9,506,000 ——————— 181,766,000 192,014,000 179,955,000 156,531,000 138,648,000

Net Claims Incurred

24,602,000 24,602,000 35,734,000 32,815,000 16,851,000 85,400,000 3,050,000 ——————— 113,052,000 112,934,000 106,343,000 103,248,000 94,029,000

Claims Ratio

68.06 68.06 54.22 72.02 68.37 62.74 32.08 ————— 62.20 58.82 59.09 65.96 67.82

2014 Direct Premiums Written: +184,729,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. 400,000 Reinsurance Ceded ............................... 9,874,000 Net Premiums Written ....................... 175,255,000 Net Premiums Earned ....................... 181,766,000 Net Claims & Adj Exp ........................ 113,052,000 Commissions ......................................... 3,926,000 Taxes ..................................................... 5,941,000 General Expenses ............................... 58,624,000 Undwrwtg. Profit/Loss........................... 4,182,000 Investment Income .............................. 10,264,000

Underwriting Result 2014: 2011:

+$4,182,000 –$289,000

2013: 2010:

Growth: –10.25% %

Growth Rate (NPW) ................................ –11.15 % of Market (NPW) .................................... 0.40 Earned Loss Ratio .................................... 62.20 Total Expense Ratio ................................. 37.68 Combined Loss & Exp. Ratio ................... 99.88 Return on Equity......................................... 8.88

+$18,892,000 –$3,790,000

2012:

CANADIAN DIRECT INSURANCE

+$11,221,000

D-C

Suite 600-750 Cambie Street Vancouver BC V6B 0A2 604-699-3838 Fax:604-699-3860 www.canadiandirect.com insurancegeneral@canadiandirect.ca

Class

Prop. - Personal ..................... Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

38,269,000 38,269,000 35,162,000 3,576,000 53,391,000 92,129,000 1,939,000 ——————— 132,337,000 130,516,000 125,410,000 120,772,000 115,505,000

Net Prems Earned

36,717,000 36,717,000 34,718,000 3,473,000 53,564,000 91,755,000 1,938,000 ——————— 130,410,000 126,825,000 123,204,000 117,632,000 111,368,000

Net Claims Incurred

29,482,000 29,482,000 20,352,000 1,980,000 34,503,000 56,835,000 918,000 ——————— 87,235,000 88,216,000 84,592,000 76,221,000 69,791,000

Claims Ratio

80.30 80.30 58.62 57.01 64.41 61.94 47.37 ————— 66.89 69.56 68.66 64.80 62.67

2014 Direct Premiums Written: +143,468,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 11,131,000 Net Premiums Written ....................... 132,337,000 Net Premiums Earned ....................... 130,410,000 Net Claims & Adj Exp .......................... 87,235,000 Commissions ......................................... 1,570,000 Taxes ..................................................... 5,353,000 General Expenses ............................... 31,121,000 Undwrwtg. Profit/Loss........................... 6,958,000 Investment Income ................................ 6,012,000

Underwriting Result 2014: 2011:

+$6,958,000 +$8,102,000

2013: 2010:

Growth: 2.12% %

Growth Rate (NPW) .................................... 1.40 % of Market (NPW) .................................... 0.30 Earned Loss Ratio .................................... 66.89 Total Expense Ratio ................................. 29.17 Combined Loss & Exp. Ratio ................... 96.06 Return on Equity....................................... 13.39

+$2,916,000 +$10,068,000

2012:

LA CAPITALE ASSURANCES gENERALES INC.

+$4,855,000

D-C

Constance Lemieux, Presidente et chef de l’exploitation 625 St Amable 3e etage, CP Box 17100 Québec QC G1R 2G5 418-747-7575 Fax:418-643-6598

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Legal Expense ........................ Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

174,899,000 39,224,000 214,123,000 136,186,000 16,849,000 185,265,000 338,300,000 4,685,000 9,287,000 4,909,000 ——————— 571,304,000 562,202,000 516,810,000 500,498,000 448,792,000

70-115_2015 Stat Issue Cdn Underwriters.indd 78

Net Prems Earned

161,221,000 37,825,000 199,046,000 130,786,000 16,687,000 167,852,000 315,325,000 4,480,000 11,301,000 4,917,000 ——————— 535,069,000 514,051,000 482,373,000 463,159,000 421,999,000

Net Claims Incurred

102,236,000 20,625,000 122,861,000 66,659,000 12,731,000 120,061,000 199,451,000 2,687,000 9,240,000 6,689,000 ——————— 340,928,000 331,045,000 286,740,000 279,078,000 270,594,000

Claims Ratio

63.41 54.53 61.72 50.97 76.29 71.53 63.25 59.98 81.76 136.04 ————— 63.72 64.40 59.44 60.26 64.12

2014 Direct Premiums Written: +558,635,000 2014 Underwriting Performance Summary Reinsurance Assumed....................... 172,290,000 Reinsurance Ceded ........................... 159,621,000 Net Premiums Written ....................... 571,304,000 Net Premiums Earned ....................... 535,069,000 Net Claims & Adj Exp ........................ 340,928,000 Commissions ....................................... 60,958,000 Taxes ................................................... 17,236,000 General Expenses ............................. 118,353,000 Undwrwtg. Profit/Loss......................... –3,346,000 Investment Income .............................. 23,975,000

Underwriting Result 2014: 2011:

–$3,346,000 +$15,744,000

2013: 2010:

Growth: 2.51% %

Growth Rate (NPW) .................................... 1.62 % of Market (NPW) .................................... 1.31 Earned Loss Ratio .................................... 63.72 Total Expense Ratio ................................. 36.73 Combined Loss & Exp. Ratio ................. 100.45 Return on Equity....................................... 11.94

–$19,934,000 +$19,840,000

2012:

+$11,240,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

ChICAgO TITLE INSURANCE COMPANY CANADA B-US 55 Superior Blvd Mississauga ON L5T 2X9 www.ctic.ca

Class

Net Prems Written

Title .........................................

26,256,000 ——————— Total 2014 .............................. 26,256,000 Total 2013............................... 26,027,000

Net Prems Earned

26,256,000 ——————— 26,256,000 26,027,000

Net Claims Incurred

7,428,000 ——————— 7,428,000 9,139,000

Claims Ratio

28.29 ————— 28.29 35.11

2014 Direct Premiums Written: +26,489,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................................... Net Premiums Written ......................... 26,256,000 Net Premiums Earned ......................... 26,256,000 Net Claims & Adj Exp ............................ 7,428,000 Commissions ....................................... 10,758,000 Taxes ........................................................ 857,000 General Expenses ................................. 2,021,000 Undwrwtg. Profit/Loss........................... 5,201,000 Investment Income ................................... 638,000

Underwriting Result 2014:

+$5,201,000

2013:

Growth: 2.45% %

Growth Rate (NPW) .................................... 0.88 % of Market (NPW) .................................... 0.06 Earned Loss Ratio .................................... 28.29 Total Expense Ratio ................................. 51.93 Combined Loss & Exp. Ratio ................... 80.22 Return on Equity......................................... 7.71

+$3,288,000

ChUBB INSURANCE COMPANY OF CANADA

B-US

Ellen J. Moore, President 199 Bay St Suite 2500 PO Box 139 Commerce Court Toronto ON M5L 1E2 416-863-0550 Fax:416-863-3144 Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

210,193,000 68,059,000 278,252,000

206,205,000 66,471,000 272,676,000

39,436,000 9,792,000 31,661,000 80,889,000 7,999,000 20,661,000 204,553,000 12,604,000 1,363,000 10,764,000 ——————— 617,085,000 593,601,000 605,175,000 615,310,000 598,135,000

38,908,000 9,664,000 31,359,000 79,931,000 6,701,000 20,143,000 198,853,000 12,525,000 1,407,000 10,817,000 ——————— 603,053,000 598,760,000 609,830,000 605,021,000 601,292,000

Net Claims Incurred

132,328,000 39,129,000 171,457,000 –5,000 25,164,000 8,721,000 18,225,000 52,110,000 1,832,000 15,875,000 90,579,000 171,000 693,000 3,343,000 ——————— 336,055,000 446,869,000 285,927,000 351,212,000 197,092,000

Claims Ratio

64.17 58.87 62.88 0.00 64.68 90.24 58.12 65.19 27.34 78.81 45.55 1.37 49.25 30.91 ————— 55.73 74.63 46.89 58.05 32.78

2014 Direct Premiums Written: +663,010,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 6,116,000 Reinsurance Ceded ............................. 57,009,000 Net Premiums Written ....................... 617,085,000 Net Premiums Earned ....................... 603,053,000 Net Claims & Adj Exp ........................ 336,055,000 Commissions ....................................... 98,853,000 Taxes ................................................... 22,462,000 General Expenses ............................... 92,008,000 Undwrwtg. Profit/Loss......................... 53,675,000 Investment Income .............................. 54,240,000

Underwriting Result 2014: 2011:

+$53,675,000 +$54,046,000

2013: 2010:

Growth: 3.34% %

Growth Rate (NPW) .................................... 3.96 % of Market (NPW) .................................... 1.42 Earned Loss Ratio .................................... 55.73 Total Expense Ratio ................................. 35.37 Combined Loss & Exp. Ratio ................... 91.10 Return on Equity....................................... 10.80

–$50,951,000 +$211,083,000

2012:

CLARE MUTUAL INSURANCE COMPANY

+$121,663,000

D-C

Janice Belliveau, President Belliveau Cove Digby County NS B0W 1J0 902-837-4597 Fax:902-837-7745 Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

1,573,000 242,000 1,815,000 41,000 ——————— 1,856,000 1,872,000 1,113,000 994,000 944,000

Net Prems Earned

1,618,000 177,000 1,795,000 55,000 ——————— 1,850,000 1,842,000 1,075,000 922,000 907,000

Net Claims Incurred

626,000 45,000 671,000 –35,000 ——————— 636,000 842,000 876,000 592,000 481,000

Claims Ratio

38.69 25.42 37.38 –63.64 ————— 34.38 45.71 81.49 64.21 53.03

2014 Direct Premiums Written: +2,933,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 1,077,000 Net Premiums Written ........................... 1,856,000 Net Premiums Earned ........................... 1,850,000 Net Claims & Adj Exp ............................... 636,000 Commissions ............................................ 155,000 Taxes ..................................................................... General Expenses ................................. 1,075,000 Undwrwtg. Profit/Loss................................ 88,000 Investment Income ..................................... 83,000

Underwriting Result 2014: 2011:

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 79

+$88,000 –$94,000

2013: 2010:

Growth: 0.65% %

Growth Rate (NPW) .................................. –0.85 % of Market (NPW) .................................... 0.00 Earned Loss Ratio .................................... 34.38 Total Expense Ratio ................................. 66.49 Combined Loss & Exp. Ratio ................. 100.87 Return on Equity....................................... 10.69

–$151,000 –$131,000

2012:

–$691,000

15-06-02 9:58 AM

CNA CANADA

B-US

John Hennessy, President and Chief Operating Officer 250 Yonge St., Suite 1500 Toronto ON M5B 2L7 416-542-7300 Fax:416-542-7360 www.cnacanada.ca

CONTINENTAL CASUALTY COMPANY

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

882,000 71,604,000 72,486,000

316,000 69,267,000 69,583,000

17,834,000 3,128,000 9,171,000 30,133,000 197,000 1,009,000 115,087,000 5,767,000 36,386,000

17,122,000 3,031,000 9,055,000 29,208,000 162,000 1,153,000 135,870,000 5,619,000 37,225,000

——————— 261,065,000 284,229,000 281,226,000 244,604,000 236,489,000

——————— 278,820,000 278,242,000 265,810,000 241,470,000 233,840,000

Net Claims Incurred

92,000 42,417,000 42,509,000 –109,000 12,067,000 3,460,000 7,878,000 23,405,000 –13,000 1,130,000 68,485,000 1,747,000 18,181,000 18,000 ——————— 155,353,000 182,717,000 159,675,000 149,694,000 133,618,000

Claims Ratio

29.11 61.24 61.09 0.00 70.48 114.15 87.00 80.13 –8.02 98.01 50.40 31.09 48.84 0.00 ————— 55.72 65.67 60.07 61.99 57.14

2014 Direct Premiums Written: +264,683,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 9,158,000 Reinsurance Ceded ............................. 16,888,000 Net Premiums Written ....................... 261,065,000 Net Premiums Earned ....................... 278,820,000 Net Claims & Adj Exp ........................ 155,353,000 Commissions ....................................... 56,704,000 Taxes ..................................................... 8,278,000 General Expenses ............................... 30,764,000 Undwrwtg. Profit/Loss......................... 27,532,000 Investment Income .............................. 35,436,000

Underwriting Result 2014: 2011:

+$27,532,000 +$8,713,000

2013: 2010:

Growth: –7.65% %

Growth Rate (NPW) .................................. –8.15 % of Market (NPW) .................................... 0.60 Earned Loss Ratio .................................... 55.72 Total Expense Ratio ................................. 34.34 Combined Loss & Exp. Ratio ................... 90.06 Return on Equity....................................... 10.24

+$4,310,000 +$23,499,000

2012:

+$22,910,000

CO-OPERATIVE hAIL INSURANCE COMPANY LIMITED Nick S Gayton, Chief Executive Officer

D-C

Box 777, 2709-13th Ave. Regina SK S4P 3A8 306-522-8891 Fax:306-352-9130 ngaytom@coophail.com Class

Hail ......................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

29,015,000 ——————— 29,015,000 34,021,000 32,861,000 31,537,000 33,491,000

Net Prems Earned

29,015,000 ——————— 29,015,000 34,021,000 0 31,537,000 33,491,000

Net Claims Incurred

24,294,000 ——————— 24,294,000 13,959,000 25,015,000 20,446,000 21,889,000

Claims Ratio

83.73 ————— 83.73 41.03 64.83 65.36

2014 Direct Premiums Written: +46,959,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 17,944,000 Net Premiums Written ......................... 29,015,000 Net Premiums Earned ......................... 29,015,000 Net Claims & Adj Exp .......................... 24,294,000 Commissions ......................................... 1,598,000 Taxes ..................................................... 1,409,000 General Expenses ................................. 2,213,000 Undwrwtg. Profit/Loss............................ –500,000 Investment Income ................................ 3,220,000

Underwriting Result 2014: 2011:

–$500,000 +$3,927,000

2013: 2010:

Growth: –14.12% %

Growth Rate (NPW) ................................ –14.71 % of Market (NPW) .................................... 0.07 Earned Loss Ratio .................................... 83.73 Total Expense Ratio ................................. 17.99 Combined Loss & Exp. Ratio ................. 101.72 Return on Equity......................................... 0.40

+$15,731,000 +$6,021,000

2012:

+$2,734,000

CO-OPERATORS gENERAL INSURANCE COMPANY (CONSOLIDATED) Katherine Bardswick, President & C.E.O. Priory Square Guelph ON N1H 6P8 519-824-4400 Fax:519-837-0231

CO-OPERATORS gENERAL INSURANCE COMPANY CO-OPERATORS INSURANCE AgENCIES LIMITED COSECO INSURANCE COMPANY L’EqUITABLE COMPAgNIE D’ASSURANCES gENERALES SOVEREIgN gENERAL INSURANCE COMPANY Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Hail ......................................... Legal Expense ........................ Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

Net Claims Incurred

Claims Ratio

605,146,000 293,024,000 898,170,000

581,367,000 296,708,000 878,075,000

557,640,000 191,401,000 328,921,000 1,077,962,000 3,098,000 1,492,000

541,497,000 192,040,000 316,555,000 1,050,092,000 1,863,000 1,743,000

409,005,000 191,384,000 600,389,000 166,000 355,983,000 163,819,000 249,923,000 769,725,000 132,000 468,000 –8,000

70.35 64.50 68.38 0.00 65.74 85.30 78.95 73.30 7.09 26.85 0.00

–1,000 210,043,000 7,942,000 16,887,000 188,000 ——————— 2,215,781,000 2,095,955,000 2,023,203,000 2,229,026,000 2,131,290,000

–1,000 207,582,000 8,374,000 16,511,000 190,000 ——————— 2,164,429,000 2,048,093,000 1,995,585,000 2,174,264,000 2,099,662,000

70-115_2015 Stat Issue Cdn Underwriters.indd 80

102,745,000 –947,000 11,479,000 43,000 ——————— 1,484,192,000 1,460,126,000 1,254,318,000 1,413,273,000 1,476,167,000

49.50 –11.31 69.52 22.63 ————— 68.57 71.29 62.85 65.00 70.30

D-C

2014 Direct Premiums Written: +2,279,935,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 12,752,000 Reinsurance Ceded ............................. 77,570,000 Net Premiums Written .................... 2,215,781,000 Net Premiums Earned .................... 2,164,429,000 Net Claims & Adj Exp ..................... 1,484,192,000 Commissions ..................................... 294,567,000 Taxes ................................................... 67,298,000 General Expenses ............................. 348,237,000 Undwrwtg. Profit/Loss......................... –4,721,000 Investment Income ............................ 179,702,000

Underwriting Result 2014: 2011:

–$4,721,000 +$28,831,000

2013: 2010:

Growth: 4.95% %

Growth Rate (NPW) .................................... 5.72 % of Market (NPW) .................................... 5.09 Earned Loss Ratio .................................... 68.57 Total Expense Ratio ................................. 32.81 Combined Loss & Exp. Ratio ................. 101.38 Return on Equity......................................... 9.57

–$66,809,000 –$73,904,000

2012:

+$75,378,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

COREPOINTE INSURANCE COMPANY

D-US

Colleen Sexsmith, Chief Agent 1145 Nicholson Rd, Unit 2 Newmarket ON L3Y 9C3 905-853-0858 Fax:905-853-0183

Net Prems Written

Class

Auto. - Liability ....................... Auto - Total ............................ Other Apprvd. Prod. ............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011...............................

14,000 14,000 39,000 ——————— 53,000 43,000 52,000 –86,000

Net Prems Earned

14,000 14,000 46,000 ——————— 60,000 54,000 64,000 235,000

Net Claims Incurred

–373,000 –373,000 6,000 ——————— –367,000 –400,000 –1,264,000 –1,120,000

Claims Ratio

–2,664.29 –2,664.29 13.04 ————— –611.67 –740.74 –1,975.00 –476.60

2014 Direct Premiums Written: +39,000 2014 Underwriting Performance Summary

Reinsurance Assumed........................................... Reinsurance Ceded .................................. –14,000 Net Premiums Written ................................ 53,000 Net Premiums Earned ................................ 60,000 Net Claims & Adj Exp ............................. –367,000 Commissions ......................................................... Taxes ............................................................ 2,000 General Expenses .................................... 109,000 Undwrwtg. Profit/Loss.............................. 316,000 Investment Income ................................... 758,000

Underwriting Result 2014: 2011:

+$316,000 +$1,095,000

Growth: –9.30%

Growth Rate (NPW) .................................. 23.26 % of Market (NPW) .................................... 0.00 Earned Loss Ratio ................................ –611.67 Total Expense Ratio ............................... 185.00 Combined Loss & Exp. Ratio ............... –426.67 Return on Equity......................................... 8.11

2013:

+$301,000

2012:

CUMIS gENERAL INSURANCE COMPANY

+$982,000

D-C

Katherine Bardswick, President & Chief Executive Officer P.O. Box 5065, 151 North Service Rd. Burlington ON L7R 4C2 905-632-1221 Fax:905-632-9412 www.cumis.com Net Prems Written

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

27,530,000 12,332,000 39,862,000 18,815,000 12,937,000 10,371,000 42,123,000 –1,000 5,679,000 5,591,000 4,000 2,863,000 ——————— 96,121,000 92,931,000 92,205,000 91,975,000 104,008,000

Net Prems Earned

26,250,000 12,314,000 38,564,000 18,252,000 13,974,000 10,470,000 42,696,000 –1,000 5,511,000 5,662,000 4,000 2,797,000 ——————— 95,233,000 91,539,000 90,982,000 86,993,000 79,140,000

Net Claims Incurred

Claims Ratio

17,286,000 2,846,000 20,132,000 17,377,000 10,411,000 6,711,000 34,499,000 1,000 37,000 4,375,000

65.85 23.11 52.20 95.21 74.50 64.10 80.80 –100.00 0.67 77.27

1,316,000 ——————— 60,360,000 52,564,000 52,065,000 57,322,000 42,951,000

47.05 ————— 63.38 57.42 57.23 65.89 54.27

2014 Direct Premiums Written: +104,059,000 2014 Underwriting Performance Summary

Reinsurance Assumed........................... 2,664,000 Reinsurance Ceded ............................. 10,602,000 Net Premiums Written ......................... 96,121,000 Net Premiums Earned ......................... 95,233,000 Net Claims & Adj Exp .......................... 60,360,000 Commissions ....................................... 12,891,000 Taxes ..................................................... 4,890,000 General Expenses ............................... 12,459,000 Undwrwtg. Profit/Loss........................... 1,536,000 Investment Income ................................ 5,958,000

Underwriting Result 2014: 2011:

+$1,536,000 –$49,000

2013: 2010:

Growth: 3.62%

Growth Rate (NPW) .................................... 3.43 % of Market (NPW) .................................... 0.22 Earned Loss Ratio .................................... 63.38 Total Expense Ratio ................................. 31.75 Combined Loss & Exp. Ratio ................... 95.13 Return on Equity......................................... 8.37

+$13,685,000 +$3,328,000

DAS LEgAL PROTECTION INSURANCE COMPANY LIMITED

2012:

+$7,846,000

B-C

Barbara Haynes, President & Chief Executive Officer 390 Bay St., Suite 1610 Toronto ON M5H 2Y2 888-582-5586 www.das.ca

Class

Net Prems Written

Legal Expense ........................

12,600,000 ——————— Total 2014 .............................. 12,600,000

Net Prems Earned

6,576,000 ——————— 6,576,000

Net Claims Incurred

3,772,000 ——————— 3,772,000

Claims Ratio

57.36 ————— 57.36

2014 Direct Premiums Written: +10,840,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 1,807,000 Reinsurance Ceded .................................... 47,000 Net Premiums Written ......................... 12,600,000 Net Premiums Earned ........................... 6,576,000 Net Claims & Adj Exp ............................ 3,772,000 Commissions ......................................... 1,473,000 Taxes ........................................................ 186,000 General Expenses ................................. 5,219,000 Undwrwtg. Profit/Loss......................... –4,074,000 Investment Income ................................... 152,000

Growth: 0.00% %

Growth Rate (NPW) .................................... 0.00 % of Market (NPW) .................................... 0.03 Earned Loss Ratio .................................... 57.36 Total Expense Ratio ............................... 104.59 Combined Loss & Exp. Ratio ................. 161.95 Return on Equity..................................... –69.79

Underwriting Result 2014:

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 81

–$4,074,000

15-06-02 9:58 AM

DESJARDINS gENERAL INSURANCE gROUP INC.

D-C

Sylvie Paquette, Président 6300 Boul. De La Rive-Sud Levis QC G6V 6P9 418-835-4850 Fax:418-835-5599 www.desjardins.com

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

722,450,000 80,394,000 802,844,000 643,447,000 241,876,000 477,571,000 1,362,894,000 643,000 2,654,000 26,960,000 403,000 ——————— 2,196,398,000 2,073,475,000 1,944,721,000 1,801,808,000 1,618,806,000

Net Prems Earned

689,784,000 74,980,000 764,764,000 612,022,000 250,385,000 475,406,000 1,337,813,000 623,000 2,581,000 26,650,000 403,000 ——————— 2,132,834,000 2,005,440,000 1,874,511,000 1,708,966,000 1,524,262,000

Net Claims Incurred

416,468,000 32,796,000 449,264,000 427,967,000 201,282,000 359,850,000 989,099,000 50,000 715,000 8,480,000 80,000 ——————— 1,447,688,000 1,316,278,000 1,301,960,000 1,256,034,000 1,056,072,000

Claims Ratio

60.38 43.74 58.75 69.93 80.39 75.69 73.93 8.03 27.70 31.82 19.85 ————— 67.88 65.64 69.46 73.50 69.28

2014 Direct Premiums Written: +2,235,650,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 39,252,000 Net Premiums Written .................... 2,196,398,000 Net Premiums Earned .................... 2,132,834,000 Net Claims & Adj Exp ..................... 1,447,688,000 Commissions ....................................... 31,993,000 Taxes ................................................... 70,212,000 General Expenses ............................. 491,779,000 Undwrwtg. Profit/Loss......................... 81,957,000 Investment Income ............................ 131,601,000

Underwriting Result 2014: 2011:

+$81,957,000 +$28,651,000

2013: 2010:

Growth: 5.85% %

Growth Rate (NPW) .................................... 5.93 % of Market (NPW) .................................... 5.04 Earned Loss Ratio .................................... 67.88 Total Expense Ratio ................................. 27.85 Combined Loss & Exp. Ratio ................... 95.73 Return on Equity....................................... 12.90

+$163,597,000 +$81,421,000

2012:

+$105,801,000

EChELON gENERAL INSURANCE COMPANY

B-C

Steve Dobrony, Chief Executive Officer 2680 Matheson Blvd E Suite 300 Mississauga ON L4W 0A5 905-214-7880 Fax:905-214-7883 www.echelon-insurance.ca

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Credit ...................................... Legal Expense ........................ Liability ................................... Surety ..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

19,143,000 6,922,000 26,065,000 58,004,000 31,529,000 27,876,000 117,409,000 90,000 502,000 6,352,000 5,910,000 ——————— 156,328,000 157,008,000 166,409,000 152,585,000 135,324,000

Net Prems Earned

11,517,000 9,203,000 20,720,000 56,187,000 32,421,000 27,298,000 115,906,000 –19,000 483,000 6,751,000 146,000 6,083,000 ——————— 150,070,000 155,840,000 162,838,000 147,378,000 132,165,000

Net Claims Incurred

Claims Ratio

7,636,000 4,310,000 11,946,000 44,083,000 11,240,000 14,712,000 70,035,000 –7,000 239,000 3,748,000

66.30 46.83 57.65 78.46 34.67 53.89 60.42 36.84 49.48 55.52

748,000 ——————— 86,709,000 106,551,000 106,856,000 97,754,000 99,955,000

12.30 ————— 57.78 68.37 65.62 66.33 75.63

2014 Direct Premiums Written: +166,038,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 1,128,000 Reinsurance Ceded ............................. 10,838,000 Net Premiums Written ....................... 156,328,000 Net Premiums Earned ....................... 150,070,000 Net Claims & Adj Exp .......................... 86,709,000 Commissions ....................................... 28,501,000 Taxes ..................................................... 5,236,000 General Expenses ............................... 29,345,000 Undwrwtg. Profit/Loss........................... 2,456,000 Investment Income .............................. 13,205,000

Underwriting Result 2014: 2011:

+$2,456,000 +$5,208,000

2013: 2010:

Growth: –0.28% %

Growth Rate (NPW) .................................. –0.43 % of Market (NPW) .................................... 0.36 Earned Loss Ratio .................................... 57.78 Total Expense Ratio ................................. 42.04 Combined Loss & Exp. Ratio ................... 99.82 Return on Equity....................................... 10.90

–$1,005,000 –$10,180,000

2012:

+$5,192,000

ECONOMICAL INSURANCE ECONOMICAL MUTUAL INSURANCE COMPANY ThE MISSISqUOI INSURANCE COMPANY WATERLOO INSURANCE COMPANY PERTh INSURANCE COMPANY FEDERATION INSURANCE COMPANY OF CANADA

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

332,069,000 319,765,000 651,834,000 480,913,000 222,440,000 357,061,000 1,060,414,000 –24,000 2,287,000 161,719,000 1,571,000

323,649,000 316,579,000 640,228,000 456,607,000 235,011,000 348,819,000 1,040,437,000 –22,000 2,220,000 160,906,000 1,513,000

——————— 1,877,801,000 1,803,586,000 1,723,656,000 1,630,836,000 1,626,378,000

——————— 1,845,282,000 1,769,195,000 1,666,018,000 1,615,100,000 1,676,369,000

70-115_2015 Stat Issue Cdn Underwriters.indd 82

Net Claims Incurred

195,501,000 233,998,000 429,499,000 327,552,000 161,369,000 242,468,000 731,389,000 2,000 620,000 135,696,000 75,000 –7,000 ——————— 1,297,274,000 1,180,063,000 1,018,448,000 1,067,016,000 1,167,893,000

Claims Ratio

60.41 73.91 67.09 71.74 68.66 69.51 70.30 –9.09 27.93 84.33 4.96 0.00 ————— 70.30 66.70 61.13 66.07 69.67

B-C Karen Gavan, President & Chief Executive Officer 111 Westmount Rd. S. Waterloo ON N2J 4S4 519-570-8500 Fax:519-570-8389 www.economicalinsurance.com

2014 Direct Premiums Written: +1,958,769,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 4,274,000 Reinsurance Ceded ............................. 85,242,000 Net Premiums Written .................... 1,877,801,000 Net Premiums Earned .................... 1,845,282,000 Net Claims & Adj Exp ..................... 1,297,274,000 Commissions ..................................... 356,919,000 Taxes ................................................... 64,984,000 General Expenses ............................. 206,098,000 Undwrwtg. Profit/Loss....................... –54,437,000 Investment Income ............................ 161,503,000

Underwriting Result 2014: 2011:

–$54,437,000 –$8,142,000

2013: 2010:

Growth: 2.70% %

Growth Rate (NPW) .................................... 4.11 % of Market (NPW) .................................... 4.31 Earned Loss Ratio .................................... 70.30 Total Expense Ratio ................................. 34.03 Combined Loss & Exp. Ratio ................. 104.33 Return on Equity......................................... 5.17

+$6,086,000 –$55,681,000

2012:

+$69,983,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

property

auto

business

Because their story is ours too. When our policyholders feel good about their claims experience, so do we. That’s why we’re committed to providing quick, reliable and caring service, earning a reputation our broker partners have counted on since 1871. Watch real claims journeys at economicalinsurance.com/stories

The Economical brand includes the following property and casualty insurance companies: Economical Mutual Insurance Company, Perth Insurance Company, Waterloo Insurance Company, The Missisquoi Insurance Company, Federation Insurance Company of Canada. ©2015 Economical Insurance. All rights reserved. Economical® and related trademarks, names and logos are the property of Economical Mutual Insurance Company and are registered and/or used in Canada. All other trademarks are the property of their respective owners.

70-115_2015 Stat Issue Cdn Underwriters.indd 83

15-06-02 9:58 AM

LE gROUPE ESTRIE-RIChELIEU COMPAgNIE D’ASSURANCE

D-C

Stephane Bibeau, Président 770 Rue Principale Granby QC J2G 2Y7 450-378-0101 Fax:450-378-5189 www.ger.qc.ca info@ger.qc.ca

Class

Net Prems Written

9,030,000 19,713,000 28,743,000 299,000 16,000 549,000 864,000 310,000 3,921,000 ——————— 33,838,000 32,025,000 32,735,000 36,278,000 35,847,000

Net Prems Earned

9,005,000 19,037,000 28,042,000 267,000 13,000 495,000 775,000 303,000 3,833,000 ——————— 32,953,000 31,612,000 34,956,000 35,936,000 34,364,000

Net Claims Incurred

4,508,000 12,734,000 17,242,000 149,000 1,000 459,000 609,000 46,000 1,273,000 ——————— 19,170,000 21,386,000 19,857,000 21,459,000 22,684,000

Claims Ratio

50.06 66.89 61.49 55.81 7.69 92.73 78.58 15.18 33.21 ————— 58.17 67.65 56.81 59.71 66.01

2014 Direct Premiums Written: +46,594,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 12,756,000 Net Premiums Written ......................... 33,838,000 Net Premiums Earned ......................... 32,953,000 Net Claims & Adj Exp .......................... 19,170,000 Commissions ......................................... 7,004,000 Taxes ..................................................................... General Expenses ................................. 4,623,000 Undwrwtg. Profit/Loss........................... 2,156,000 Investment Income ................................ 3,749,000

Underwriting Result 2014: 2011:

+$2,156,000 +$2,707,000

2013: 2010:

Growth: 5.50% %

Growth Rate (NPW) .................................... 5.66 % of Market (NPW) .................................... 0.08 Earned Loss Ratio .................................... 58.17 Total Expense Ratio ................................. 35.28 Combined Loss & Exp. Ratio ................... 93.45 Return on Equity......................................... 6.65

–$542,000 –$283,000

2012:

+$3,622,000

EULER hERMES NORTh AMERICA INSURANCE COMPANY

D-US

Yves Gervais, Chef-agent 1155 Blvd. Rene-Levesque West, Suite 2810 Montréal QC H3B 2L2 514-876-9656 Fax:514-876-9658 www.eulerhermes.ca yves.gervais@eulerhermes.com

Class

Net Prems Written

16,814,000 ——————— 16,814,000 9,751,000 12,252,000 11,980,000 11,128,000

Net Prems Earned

11,805,000 ——————— 11,805,000 9,447,000 11,093,000 11,673,000 12,505,000

Net Claims Incurred

6,939,000 ——————— 6,939,000 5,500,000 3,291,000 5,494,000 –248,000

Claims Ratio

58.78 ————— 58.78 58.22 29.67 47.07 –1.98

2014 Direct Premiums Written: +45,989,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 29,175,000 Net Premiums Written ......................... 16,814,000 Net Premiums Earned ......................... 11,805,000 Net Claims & Adj Exp ............................ 6,939,000 Commissions ........................................-5,553,000 Taxes ..................................................... 1,601,000 General Expenses ................................. 8,180,000 Undwrwtg. Profit/Loss........................... 2,048,000 Investment Income ................................ 1,401,000

Underwriting Result 2014: 2011:

+$2,048,000 –$616,000

2013: 2010:

Growth: 15.02% %

Growth Rate (NPW) .................................. 72.43 % of Market (NPW) .................................... 0.04 Earned Loss Ratio .................................... 58.78 Total Expense Ratio ................................. 35.82 Combined Loss & Exp. Ratio ................... 94.60 Return on Equity......................................... 6.56

+$603,000 +$6,328,000

2012:

+$4,551,000

EVEREST INSURANCE COMPANY OF CANADA/LA B-C COMPAgNIE D’ASSURANCE EVEREST DU CANADA David Crozier, Chief Executive Officer/President 130 Bloor St W Suite 602 Toronto ON M5S 1N5 416-487-3900 Fax:416-487-0311 www.everestcanada.com pamela.jornacion@everestre.com Class

Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto - Total ............................ Boiler/Mach-excld .................. Liability ................................... Surety ..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

1,857,000 1,857,000 378,000 378,000

1,459,000 1,459,000 225,000 225,000

5,197,000 3,000 47,000 ——————— 7,482,000 4,774,000 4,401,000 4,817,000 0

3,942,000 2,000 57,000 ——————— 5,685,000 4,339,000 4,520,000 2,134,000 0

70-115_2015 Stat Issue Cdn Underwriters.indd 84

Net Claims Incurred

–629,000 –629,000 291,000 291,000 –1,000 6,236,000 11,000 –7,000 ——————— 5,901,000 5,330,000 4,232,000 1,622,000 0

Claims Ratio

–43.11 –43.11 129.33 129.33 0.00 158.19 550.00 –12.28 ————— 103.80 122.84 93.63 76.01

2014 Direct Premiums Written: +53,690,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 46,208,000 Net Premiums Written ........................... 7,482,000 Net Premiums Earned ........................... 5,685,000 Net Claims & Adj Exp ............................ 5,901,000 Commissions ....................................... –4,864,000 Taxes ..................................................... 1,300,000 General Expenses ................................. 7,626,000 Undwrwtg. Profit/Loss......................... –4,262,000 Investment Income ................................ 1,274,000

Underwriting Result 2014: 2011:

–$4,262,000 –$1,961,000

2013: 2010:

Growth: 86.22% %

Growth Rate (NPW) .................................. 56.72 % of Market (NPW) .................................... 0.02 Earned Loss Ratio .................................. 103.80 Total Expense Ratio ................................. 71.45 Combined Loss & Exp. Ratio ................. 175.25 Return on Equity....................................... –4.72

–$9,498,000 –$115,000

2012:

–$6,045,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

FACTORY MUTUAL INSURANCE COMPANY

D-US

Kenneth V Lavigne, Chief Agent 165 Commerce Valley Dr. W., Suite 500 Thornhill ON L3T 7V8 905-763-5555 Fax:905-763-5556 fmglobal.com

Class

Prop. - Commercial ................ Prop - Total ........................... Boiler/Mach-excld .................. Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

157,719,000 157,719,000 38,026,000 ——————— 195,745,000 234,019,000 241,168,000 239,090,000 249,786,000

Net Prems Earned

163,669,000 163,669,000 38,211,000 ——————— 201,880,000 228,137,000 250,205,000 238,077,000 242,663,000

Net Claims Incurred

197,615,000 197,615,000 27,066,000 ——————— 224,681,000 92,500,000 124,241,000 195,923,000 146,821,000

Claims Ratio

120.74 120.74 70.83 ————— 111.29 40.55 49.66 82.29 60.50

2014 Direct Premiums Written: +246,098,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 1,388,000 Reinsurance Ceded ........................... 117,876,000 Net Premiums Written ....................... 195,745,000 Net Premiums Earned ....................... 201,880,000 Net Claims & Adj Exp ........................ 224,681,000 Commissions ..................................... –16,640,000 Taxes ................................................... 12,763,000 General Expenses ............................... 44,699,000 Undwrwtg. Profit/Loss....................... –63,623,000 Investment Income .............................. 38,601,000

Underwriting Result 2014: 2011:

–$63,623,000 –$4,224,000

2013: 2010:

Growth: –14.21% %

Growth Rate (NPW) ................................ –16.36 % of Market (NPW) .................................... 0.45 Earned Loss Ratio .................................. 111.29 Total Expense Ratio ................................. 20.22 Combined Loss & Exp. Ratio ................. 131.51 Return on Equity....................................... –0.09

+$92,549,000 +$46,224,000

2012:

FCT

+$80,880,000

B-C 2235 Sheridan Garden Dr. Oakville ON L6J 7Y5 905-287-1000 Fax:905-287-2400 www.fct.ca

Class

Mortgage ................................ Title ......................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

1,616,000 130,013,000 ——————— 131,629,000 128,154,000 129,791,000 169,145,000 132,734,000

Net Prems Earned

1,616,000 130,013,000 ——————— 131,629,000 128,154,000 129,791,000 169,145,000 132,734,000

Net Claims Incurred

7,237,000 35,349,000 ——————— 42,586,000 24,716,000 39,866,000 60,694,000 33,238,000

Claims Ratio

447.83 27.19 ————— 32.35 19.29 30.72 35.88 25.04

2014 Direct Premiums Written: +136,395,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 3,325,000 Reinsurance Ceded ............................... 8,091,000 Net Premiums Written ....................... 131,629,000 Net Premiums Earned ....................... 131,629,000 Net Claims & Adj Exp .......................... 42,586,000 Commissions .............................................. 74,000 Taxes ..................................................... 4,371,000 General Expenses ............................... 74,020,000 Undwrwtg. Profit/Loss......................... 10,578,000 Investment Income ................................ 6,375,000

Underwriting Result 2014: 2011:

+$10,578,000 +$31,649,000

2013: 2010:

Growth: 28.85% %

Growth Rate (NPW) .................................... 2.71 % of Market (NPW) .................................... 0.30 Earned Loss Ratio .................................... 32.35 Total Expense Ratio ................................. 59.61 Combined Loss & Exp. Ratio ................... 91.96 Return on Equity....................................... 11.15

+$28,510,000 +$24,408,000

2012:

FEDERAL INSURANCE COMPANY

+$13,094,000

B-US

Ellen J. Moore, Chief Agent In Canada 199 Bay St Suite 2500 PO Box 139 Commerce Court Toronto ON M5L 1E2 416-863-0550 Fax:416-863-3144

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Credit ...................................... Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011...............................

Net Prems Written

Net Prems Earned

–42,000 3,550,000 3,508,000 1,664,000 102,000 284,000 2,050,000 337,000 1,000 328,000 7,035,000 –438,000

–26,000 2,763,000 2,737,000 1,403,000 93,000 250,000 1,746,000 309,000 4,000 306,000 6,456,000 1,870,000

23,000 ——————— 12,844,000 10,870,000 12,807,000 14,026,000

57,000 ——————— 13,485,000 12,268,000 15,756,000 14,336,000

Net Claims Incurred

Claims Ratio

123,000 1,079,000 1,202,000 2,428,000 42,000 256,000 2,726,000 77,000

–473.08 39.05 43.92 173.06 45.16 102.40 156.13 24.92

133,000 2,430,000 –394,000 3,000 –1,000 ——————— 6,176,000 2,943,000 2,638,000 6,395,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 85

43.46 37.64 –21.07 0.00 –1.75 ————— 45.80 23.99 16.74 44.61

2014 Direct Premiums Written: +870,000 2014 Underwriting Performance Summary Reinsurance Assumed................................ 26,000 Reinsurance Ceded ............................. 10,720,000 Net Premiums Written ......................... 12,844,000 Net Premiums Earned ......................... 13,485,000 Net Claims & Adj Exp ............................ 6,176,000 Commissions ......................................... 1,084,000 Taxes .......................................................... 25,000 General Expenses ................................. 3,112,000 Undwrwtg. Profit/Loss........................... 3,088,000 Investment Income ................................ 2,215,000

Underwriting Result 2014: 2011:

+$3,088,000 +$266,000

2013:

Growth: 18.37% %

Growth Rate (NPW) .................................. 18.16 % of Market (NPW) .................................... 0.03 Earned Loss Ratio .................................... 45.80 Total Expense Ratio ................................. 31.30 Combined Loss & Exp. Ratio ................... 77.10 Return on Equity......................................... 6.78

+$5,356,000

2012:

+$6,696,000

15-06-02 9:58 AM

FUNDY MUTUAL INSURANCE COMPANY

D-C

Jim Wilson, President 1022 Main St Sussex NB E2E 2M3 506-432-1535 Fax:506-433-6788 www.fundymutual.com

Class

Net Prems Written

2,710,000 2,710,000 43,000 ——————— 2,753,000 2,403,000 2,400,000 2,306,000 2,167,000

Net Prems Earned

2,614,000 2,614,000 43,000 ——————— 2,657,000 2,368,000 2,327,000 2,249,000 2,108,000

Net Claims Incurred

1,569,000 1,569,000 25,000 ——————— 1,594,000 1,007,000 869,000 1,141,000 661,000

Claims Ratio

60.02 60.02 58.14 ————— 59.99 42.53 37.34 50.73 31.36

2014 Direct Premiums Written: +3,628,000 2014 Underwriting Performance Summary

Reinsurance Assumed........................................... Reinsurance Ceded .................................. 875,000 Net Premiums Written ........................... 2,753,000 Net Premiums Earned ........................... 2,657,000 Net Claims & Adj Exp ............................ 1,594,000 Commissions ............................................ 649,000 Taxes ........................................................ 129,000 General Expenses ................................. 1,413,000 Undwrwtg. Profit/Loss......................... –1,076,000 Investment Income ................................... 970,000

Underwriting Result 2014: 2011:

–$1,076,000 –$702,000

2013: 2010:

Growth: 4.73%

Growth Rate (NPW) .................................. 14.57 % of Market (NPW) .................................... 0.01 Earned Loss Ratio .................................... 59.99 Total Expense Ratio ................................. 82.46 Combined Loss & Exp. Ratio ................. 142.45 Return on Equity....................................... –0.13

–$742,000 –$355,000

2012:

–$550,000

gORE MUTUAL INSURANCE COMPANY

B-C

Heidi Sevcik, President & Chief Executive Officer 252 Dundas St. N., P.O. Box 70 Cambridge ON N1R 5T3 519-623-1910 Fax:800-601-9773 www.goremutual.ca Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Liability ................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

103,681,000 34,851,000 138,532,000 79,942,000 53,060,000 38,467,000 171,469,000 563,000 24,559,000 33,000 ——————— 335,156,000 318,238,000 315,846,000 296,142,000 280,858,000

Net Prems Earned

97,468,000 31,963,000 129,431,000 82,050,000 47,091,000 41,776,000 170,917,000 104,000 21,941,000 34,000 ——————— 322,427,000 315,860,000 305,601,000 289,389,000 261,506,000

Net Claims Incurred

Claims Ratio

54,230,000 20,175,000 74,405,000 41,030,000 54,054,000 27,108,000 122,192,000 33,000 7,782,000

55.64 63.12 57.49 50.01 114.79 64.89 71.49 31.73 35.47

——————— 204,412,000 202,277,000 198,848,000 193,176,000 178,601,000

————— 63.40 64.04 65.07 66.75 68.30

2014 Direct Premiums Written: +363,024,000 2014 Underwriting Performance Summary

Reinsurance Assumed........................................... Reinsurance Ceded ............................. 27,868,000 Net Premiums Written ....................... 335,156,000 Net Premiums Earned ....................... 322,427,000 Net Claims & Adj Exp ........................ 204,412,000 Commissions ....................................... 65,542,000 Taxes ................................................... 11,835,000 General Expenses ............................... 37,439,000 Undwrwtg. Profit/Loss........................... 9,108,000 Investment Income .............................. 33,815,000

Underwriting Result 2014: 2011:

+$9,108,000 +$3,028,000

2013: 2010:

Growth: 5.04%

Growth Rate (NPW) .................................... 5.32 % of Market (NPW) .................................... 0.77 Earned Loss Ratio .................................... 63.40 Total Expense Ratio ................................. 35.61 Combined Loss & Exp. Ratio ................... 99.01 Return on Equity....................................... 12.97

+$7,301,000 –$1,892,000

2012:

+$4,939,000

ThE gUARANTEE COMPANY OF NORTh AMERICA

B-C

Alister Campbell, Chief Executive Officer 4950 Yonge St., Suite 1400, Madison Centre North York ON M2N 6K1 416-223-9580 Fax:416-223-6577 www.theguarantee.com Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Credit ...................................... Fidelity .................................... Legal Expense ........................ Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

83,417,000 8,729,000 92,146,000 40,337,000 22,917,000 21,542,000 84,796,000

80,913,000 5,999,000 86,912,000 38,419,000 24,352,000 21,389,000 84,160,000

1,578,000 14,354,000 784,000 25,951,000 93,152,000 1,364,000 153,000 ——————— 314,278,000 290,599,000 282,395,000 273,811,000 266,641,000

1,450,000 14,343,000 388,000 26,525,000 89,332,000 402,000 150,000 ——————— 303,662,000 283,931,000 278,424,000 274,217,000 263,882,000

70-115_2015 Stat Issue Cdn Underwriters.indd 86

Net Claims Incurred

59,541,000 3,965,000 63,506,000 51,979,000 19,649,000 10,616,000 82,244,000 69,000 332,000 7,355,000 27,000 15,143,000 21,099,000 201,000 2,000 ——————— 189,978,000 201,791,000 167,553,000 174,490,000 176,952,000

Claims Ratio

73.59 66.09 73.07 135.30 80.69 49.63 97.72 0.00 22.90 51.28 6.96 57.09 23.62 50.00 1.33 ————— 62.56 71.07 60.18 63.63 67.06

2014 Direct Premiums Written: +363,531,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 6,263,000 Reinsurance Ceded ........................... 108,053,000 Net Premiums Written ....................... 314,278,000 Net Premiums Earned ....................... 303,662,000 Net Claims & Adj Exp ........................ 189,978,000 Commissions ....................................... 76,663,000 Taxes ..................................................... 9,783,000 General Expenses ............................... 55,554,000 Undwrwtg. Profit/Loss....................... –28,319,000 Investment Income .............................. 26,360,000

Underwriting Result 2014: 2011:

–$28,319,000 –$15,985,000

2013: 2010:

Growth: 7.34% %

Growth Rate (NPW) .................................... 8.15 % of Market (NPW) .................................... 0.72 Earned Loss Ratio .................................... 62.56 Total Expense Ratio ................................. 46.76 Combined Loss & Exp. Ratio ................. 109.32 Return on Equity......................................... 0.77

–$35,951,000 –$10,829,000

2012:

–$5,483,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

ad right s

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WHAT WE KNOW You can depend on our 140 years of experience, ďŹ nancial strength, specialized underwriting and claims expertise as we partner with brokers and agents to deliver innovative solutions to target customers. Know more at theguarantee.com

Excellence, Expertise, Experience ... Every time

70-115_2015 Stat Issue Cdn Underwriters.indd 87 ad right size.indd 1

15-06-02 15-05-22 9:58 1:57 AM PM

gREAT AMERICAN INSURANCE COMPANY

B-F

2100-40 King St W Toronto ON M5H 3C2 416-869-5300 Fax:416-360-8877 www.greatamericaninsurancegroup.com

Class

Prop. - Commercial ................ Prop - Total ........................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

20,234,000 20,234,000 84,000 84,000

20,346,000 20,346,000 4,000 63,000 67,000

2,144,000 13,800,000 46,000 4,592,000 ——————— 40,900,000 41,219,000 41,545,000 46,810,000 20,073,000

2,241,000 14,135,000 86,000 4,249,000 ——————— 41,124,000 40,770,000 43,855,000 44,998,000 45,839,000

Net Claims Incurred

Claims Ratio

4,826,000 4,826,000

23.72 23.72

37,000 37,000 1,000 309,000 6,456,000 10,000 1,480,000 ——————— 13,119,000 12,303,000 32,939,000 37,147,000 34,005,000

58.73 55.22 0.00 13.79 45.67 11.63 34.83 ————— 31.90 30.18 75.11 82.55 74.18

2014 Direct Premiums Written: +60,762,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. –83,000 Reinsurance Ceded ............................. 19,779,000 Net Premiums Written ......................... 40,900,000 Net Premiums Earned ......................... 41,124,000 Net Claims & Adj Exp .......................... 13,119,000 Commissions ....................................... 17,940,000 Taxes ..................................................... 2,753,000 General Expenses ................................. 8,965,000 Undwrwtg. Profit/Loss........................... 8,019,000 Investment Income ................................ 5,179,000

Underwriting Result 2014: 2011:

+$8,019,000 –$10,311,000

2013: 2010:

Growth: 1.97% %

Growth Rate (NPW) .................................. –0.77 % of Market (NPW) .................................... 0.09 Earned Loss Ratio .................................... 31.90 Total Expense Ratio ................................. 72.12 Combined Loss & Exp. Ratio ................. 104.02 Return on Equity......................................... 3.97

+$8,754,000 +$42,206,000

2012:

hARTFORD FIRE INSURANCE COMPANY

–$11,366,000

B-US

Illona V. Kirsh, Chief Agent In Canada 121 King St. West Suite 1010 PO Box 112 Toronto ON M5H 3T9

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

9,559,000 9,559,000

9,575,000 9,575,000

864,000 7,000 307,000 1,178,000 –4,000 30,000 3,443,000 205,000 3,000 ——————— 14,414,000 12,247,000 11,793,000 12,668,000 12,935,000

715,000 2,000 263,000 980,000 2,000 21,000 3,335,000 227,000 2,000 ——————— 14,142,000 13,009,000 12,687,000 12,894,000 12,877,000

Net Claims Incurred

Claims Ratio

22,000 6,009,000 6,031,000 88,000 2,092,000 228,000 –599,000 1,721,000

0.00 62.76 62.99 0.00 292.59 11,400.00 –227.76 175.61

5,283,000 115,000 –1,056,000 ——————— 12,182,000 3,557,000 7,971,000 5,625,000 5,163,000

158.41 50.66 –52,800.00 ————— 86.14 27.34 62.83 43.62 40.09

2014 Direct Premiums Written: +16,055,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. 210,000 Reinsurance Ceded ............................... 1,851,000 Net Premiums Written ......................... 14,414,000 Net Premiums Earned ......................... 14,142,000 Net Claims & Adj Exp .......................... 12,182,000 Commissions ............................................ 768,000 Taxes ........................................................ 487,000 General Expenses ................................. 2,771,000 Undwrwtg. Profit/Loss......................... –2,066,000 Investment Income ................................ 2,992,000

Underwriting Result 2014: 2011:

–$2,066,000 +$3,734,000

2013: 2010:

Growth: 16.11% %

Growth Rate (NPW) .................................. 17.69 % of Market (NPW) .................................... 0.03 Earned Loss Ratio .................................... 86.14 Total Expense Ratio ................................. 28.47 Combined Loss & Exp. Ratio ................. 114.61 Return on Equity......................................... 0.65

+$5,734,000 +$4,635,000

2012:

–$48,000

INDUSTRIELLE ALLIANCE COMPAgNIE D-C D’ASSURANCES gENERALES Michel Laurin, President et chef de l’exploitation 925 Chemin St.-Louis, Suite 230 Quebec QC G1S 1C1 418-650-4601 Fax:418-650-4637 www.inalco.com serviceclient@iaah.ca

Class

Prop. - Personal ..................... Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

89,945,000 89,945,000 58,649,000 1,799,000 72,027,000 132,475,000 ——————— 222,420,000 156,188,000 271,618,000 218,527,000 151,461,000

Net Prems Earned

86,026,000 86,026,000 56,848,000 1,754,000 70,950,000 129,552,000 157,000 ——————— 215,735,000 209,135,000 222,768,000 181,846,000 138,162,000

Net Claims Incurred

53,577,000 53,577,000 31,679,000 217,000 61,415,000 93,311,000 98,000 ——————— 146,986,000 139,275,000 117,458,000 105,282,000 88,996,000

Claims Ratio

62.28 62.28 55.73 12.37 86.56 72.03 62.42 ————— 68.13 66.60 52.73 57.90 64.41

2014 Direct Premiums Written: +222,440,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded .................................... 20,000 Net Premiums Written ....................... 222,420,000 Net Premiums Earned ....................... 215,735,000 Net Claims & Adj Exp ........................ 146,986,000 Commissions ......................................... 5,661,000 Taxes ..................................................... 7,892,000 General Expenses ............................... 52,290,000 Undwrwtg. Profit/Loss........................... 2,941,000 Investment Income ................................ 2,452,000

Underwriting Result 2014: 2011:

70-115_2015 Stat Issue Cdn Underwriters.indd 88

+$2,941,000 +$4,362,000

2013: 2010:

Growth: –4.18% %

Growth Rate (NPW) .................................. 42.41 % of Market (NPW) .................................... 0.51 Earned Loss Ratio .................................... 68.13 Total Expense Ratio ................................. 30.52 Combined Loss & Exp. Ratio ................... 98.65 Return on Equity......................................... 7.75

–$3,719,000 +$12,081,000

2012:

+$8,214,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

INTACT FINANCIAL CORPORATION INTACT INSURANCE NORDIC TRAFALgAR JEVCO

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Hail ......................................... Legal Expense ........................ Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

1,511,695,000 919,940,000 2,431,635,000 –135,000 1,933,497,000 700,723,000 1,356,430,000 3,990,650,000 43,057,000 1,486,000 163,000 5,185,000 288,152,000 92,599,000 22,484,000 ——————— 6,875,276,000 6,790,103,000 6,290,072,000 4,340,614,000 4,352,337,000

Net Prems Earned

1,592,374,000 890,468,000 2,482,842,000 –135,000 1,928,183,000 696,006,000 1,341,993,000 3,966,182,000 41,862,000 1,388,000 163,000 5,850,000 285,756,000 92,948,000 23,169,000 47,000 ——————— 6,900,072,000 6,711,840,000 6,242,659,000 4,334,138,000 4,231,326,000

Net Claims Incurred

883,422,000 624,622,000 1,508,044,000 –427,000 1,298,658,000 569,192,000 927,795,000 2,795,645,000 13,885,000 496,000 –5,000 6,614,000 128,366,000 17,109,000 8,375,000 57,000 ——————— 4,478,159,000 4,478,826,000 3,881,221,000 2,880,688,000 2,802,014,000

Claims Ratio

55.48 70.15 60.74 316.30 67.35 81.78 69.14 70.49 33.17 35.73 –3.07 113.06 44.92 18.41 36.15 121.28 ————— 64.90 66.73 62.17 66.47 66.22

B-C

Charles Brindamour, President & C.E.O. 700 University Ave., 15th Floor Toronto ON M5G 0A1 416-341-1464 Fax:416-941-5320 www.intactfc.com

NOVEx BELAIRDIRECT INTACT FARM METRO

2014 Direct Premiums Written: +7,328,429,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. 357,000 Reinsurance Ceded ........................... 453,510,000 Net Premiums Written .................... 6,875,276,000 Net Premiums Earned .................... 6,900,072,000 Net Claims & Adj Exp ..................... 4,478,159,000 Commissions .................................. 1,141,017,000 Taxes ................................................. 246,525,000 General Expenses ............................. 775,369,000 Undwrwtg. Profit/Loss....................... 334,084,000 Investment Income ............................ 482,059,000

Underwriting Result 2014: 2011:

+$334,084,000 +$124,127,000

2013: 2010:

Growth: 0.31% %

Growth Rate (NPW) .................................... 1.25 % of Market (NPW) .................................. 15.77 Earned Loss Ratio .................................... 64.90 Total Expense Ratio ................................. 31.35 Combined Loss & Exp. Ratio ................... 96.25 Return on Equity....................................... 12.32

+$135,928,000 +$157,397,000

2012:

ThE KINgS MUTUAL INSURANCE COMPANY

+$407,168,000

B-C

Daniel R. Lister, CA, President & Chief Executive Officer P.O. Box 10 Berwick NS B0P 1E0 902-538-3187 Fax:902-538-7271 www.kingsmutual.ns.ca Class

Net Prems Written

6,448,000 156,000 6,604,000 856,000 ——————— 7,460,000 6,992,000 6,573,000 6,371,000 6,087,000

Net Prems Earned

6,184,000 155,000 6,339,000 851,000 ——————— 7,190,000 6,850,000 6,487,000 6,169,000 5,891,000

Net Claims Incurred

2,711,000 13,000 2,724,000 447,000 ——————— 3,171,000 2,429,000 2,278,000 1,495,000 3,643,000

Claims Ratio

43.84 8.39 42.97 52.53 ————— 44.10 35.46 35.12 24.23 61.84

2014 Direct Premiums Written: +8,475,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 1,015,000 Net Premiums Written ........................... 7,460,000 Net Premiums Earned ........................... 7,190,000 Net Claims & Adj Exp ............................ 3,171,000 Commissions ......................................... 1,470,000 Taxes ........................................................ 258,000 General Expenses ................................. 2,792,000 Undwrwtg. Profit/Loss............................ –862,000 Investment Income ................................ 1,347,000

Underwriting Result 2014: 2011:

–$862,000 –$369,000

2013: 2010:

Growth: 7.21% %

Growth Rate (NPW) .................................... 6.69 % of Market (NPW) .................................... 0.02 Earned Loss Ratio .................................... 44.10 Total Expense Ratio ................................. 62.87 Combined Loss & Exp. Ratio ................. 106.97 Return on Equity......................................... 1.61

–$496,000 –$1,410,000

2012:

–$682,000

LAWYERS’ PROFESSIONAL INDEMNITY COMPANY D-C Iveri Vv Boudville, Contact 250 Yonge St Suite 3101 Toronto ON M5B 2L7 416-598-5831

Class

Liability ................................... Title ......................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011...............................

Net Prems Written

109,750,000 5,170,000 ——————— 114,920,000 106,510,000 104,777,000 109,784,000

Net Prems Earned

109,730,000 5,170,000 ——————— 114,900,000 106,484,000 104,717,000 109,691,000

Net Claims Incurred

97,103,000 2,482,000 ——————— 99,585,000 96,703,000 106,106,000 100,989,000

Claims Ratio

88.49 48.01 ————— 86.67 90.81 101.33 92.07

2014 Direct Premiums Written: +122,149,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 7,229,000 Net Premiums Written ....................... 114,920,000 Net Premiums Earned ....................... 114,900,000 Net Claims & Adj Exp .......................... 99,585,000 Commissions ....................................... –1,679,000 Taxes ..................................................... 3,665,000 General Expenses ............................... 16,830,000 Undwrwtg. Profit/Loss......................... –3,501,000 Investment Income .............................. 26,472,000

Underwriting Result 2014: 2011:

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 89

–$3,501,000 –$9,783,000

2013:

Growth: 14.68% %

Growth Rate (NPW) .................................... 8.26 % of Market (NPW) .................................... 0.26 Earned Loss Ratio .................................... 86.67 Total Expense Ratio ................................. 16.38 Combined Loss & Exp. Ratio ................. 103.05 Return on Equity......................................... 8.56

–$8,422,000

2012:

–$18,331,000

15-06-02 9:58 AM

LEgACY gENERAL INSURANCE COMPANY

D-C

Isaac Sananes, B.A., A.L.H.C., President & C.E.O. 80 Tiverton Court, 5th Floor Markham ON L3R 0G4 905-948-2103 Fax:905-479-3224

Class

Prop - Total ........................... Credit Protection .................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

9,969,000 ——————— 9,969,000 10,929,000 12,082,000 13,893,000 29,288,000

8,306,000 ——————— 8,306,000 8,007,000 9,718,000 11,381,000 25,192,000

Net Claims Incurred

0 126,000 2,170,000 ——————— 2,296,000 3,815,000 2,687,000 5,596,000 3,841,000

Claims Ratio

0.00 26.13 ————— 27.64 47.65 27.65 49.17 15.25

2014 Direct Premiums Written: +12,879,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 3,330,000 Reinsurance Ceded ............................... 6,240,000 Net Premiums Written ........................... 9,969,000 Net Premiums Earned ........................... 8,306,000 Net Claims & Adj Exp ............................ 2,296,000 Commissions ......................................... 2,171,000 Taxes ........................................................ 265,000 General Expenses ................................. 2,155,000 Undwrwtg. Profit/Loss........................... 1,419,000 Investment Income ................................... 375,000

Underwriting Result 2014: 2011:

+$1,419,000 +$2,000

2013: 2010:

Growth: –14.92% %

Growth Rate (NPW) .................................. –8.78 % of Market (NPW) .................................... 0.02 Earned Loss Ratio .................................... 27.64 Total Expense Ratio ................................. 55.27 Combined Loss & Exp. Ratio ................... 82.91 Return on Equity................................................

–$513,000 +$1,804,000

2012:

LIBERTY MUTUAL INSURANCE COMPANY

+$2,204,000

D-US

Michael Molony, Chief Agent 181 Bay St., Suite 1000, Brookfield Place Toronto ON M5J 2T3 416-365-7587 Fax:416-307-4372 www.libertymutual.com Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

31,763,000 31,763,000 1,287,000 17,587,000 3,501,000 7,394,000 28,482,000 7,284,000 125,634,000 12,535,000 3,780,000 ——————— 210,765,000 162,727,000 128,892,000 122,119,000 117,575,000

Net Prems Earned

29,255,000 29,255,000 1,382,000 16,294,000 3,562,000 8,153,000 28,009,000 5,646,000 106,845,000 11,021,000 3,486,000 ——————— 185,644,000 146,078,000 126,138,000 117,070,000 116,994,000

Net Claims Incurred

–8,871,000 –8,871,000 377,000 13,747,000 4,113,000 6,635,000 24,495,000 3,709,000 89,921,000 2,277,000 3,939,000 ——————— 115,847,000 98,501,000 93,723,000 82,946,000 58,767,000

Claims Ratio

–30.32 –30.32 27.28 84.37 115.47 81.38 87.45 65.69 84.16 20.66 112.99 ————— 62.40 67.43 74.30 70.85 50.23

2014 Direct Premiums Written: +240,938,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 9,064,000 Reinsurance Ceded ............................. 84,993,000 Net Premiums Written ....................... 210,765,000 Net Premiums Earned ....................... 185,644,000 Net Claims & Adj Exp ........................ 115,847,000 Commissions ......................................... 5,730,000 Taxes ..................................................... 8,311,000 General Expenses ............................... 34,423,000 Undwrwtg. Profit/Loss......................... 21,333,000 Investment Income .............................. 27,092,000

Underwriting Result 2014: 2011:

+$21,333,000 –$3,098,000

2013: 2010:

Growth: 2.23% %

Growth Rate (NPW) .................................. 29.52 % of Market (NPW) .................................... 0.47 Earned Loss Ratio .................................... 62.40 Total Expense Ratio ................................. 26.11 Combined Loss & Exp. Ratio ................... 88.51 Return on Equity......................................... 7.74

+$8,153,000 +$28,475,000

2012:

LLOYD’S UNDERWRITERS Lloyd’s Underwriters is not a company. The Canadian Business of Members of the Society of Lloyd’s is federally regulated and they are licensed to transact most classes of P&C insurance in all provinces and territories.

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Boiler/Mach-equip .................. Credit ...................................... Fidelity .................................... Hail ......................................... Legal Expense ........................ Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

127,517,000 1,019,758,000 1,147,275,000 134,424,000 11,819,000 1,960,000 26,944,000 40,723,000 45,009,000 6,658,000 11,046,000 15,320,000 5,264,000 1,642,000 1,039,037,000 23,318,000 59,313,000 65,199,000 ——————— 2,594,228,000 2,396,862,000 2,093,962,000 2,206,620,000 1,959,781,000

70-115_2015 Stat Issue Cdn Underwriters.indd 90

Net Prems Earned

122,130,000 975,899,000 1,098,029,000 97,945,000 9,706,000 1,492,000 25,214,000 36,412,000 40,616,000 4,470,000 9,526,000 15,446,000 4,958,000 1,552,000 978,123,000 14,381,000 60,933,000 73,027,000 ——————— 2,435,418,000 2,319,337,000 2,051,838,000 2,206,620,000 1,959,781,000

Net Claims Incurred

60,337,000 371,265,000 431,602,000 214,993,000 6,925,000 1,630,000 18,201,000 26,756,000 69,158,000 4,022,000 4,540,000 113,308,000 2,247,000 610,000 546,058,000 18,669,000 32,245,000 –29,950,000 ——————— 1,434,258,000 1,369,392,000 1,042,907,000 1,397,802,000 1,148,320,000

Claims Ratio

49.40 38.04 39.31 219.50 71.35 109.25 72.19 73.48 170.27 89.98 47.66 733.58 45.32 39.30 55.83 129.82 52.92 –41.01 ————— 58.89 59.04 50.83 63.35 58.59

B-UK Sean Murphy, President, Lloyd’s Canada; Attorney In Fact, Lloyd’s Underwriters 1155 Rue Metcalfe, Suite 2220, Montreal QC H3B 2V6 514-861-8361 Fax:514-861-0470 www.lloyds.com info@lloyds.ca

2014 Direct Premiums Written: +2,124,425,000 2014 Underwriting Performance Summary Reinsurance Assumed....................... 390,325,000 Reinsurance Ceded ............................................... Net Premiums Written .................... 2,594,228,000 Net Premiums Earned .................... 2,435,418,000 Net Claims & Adj Exp ..................... 1,434,258,000 Commissions ..................................... 568,123,000 Taxes ................................................... 65,569,000 General Expenses ................................. 9,196,000 Undwrwtg. Profit/Loss....................... 358,272,000 Investment Income ............................ 120,816,000

Underwriting Result 2014: 2011:

+$358,272,000 +$206,868,000

+$1,253,000

2013: 2010:

Growth: 6.92% %

Growth Rate (NPW) .................................... 8.23 % of Market (NPW) .................................... 5.96 Earned Loss Ratio .................................... 58.89 Total Expense Ratio ................................. 26.40 Combined Loss & Exp. Ratio ................... 85.29 Return on Equity....................................... 27.08

+$338,773,000 +$289,144,000

2012:

+$451,914,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

70-115_2015 Stat Issue Cdn Underwriters.indd 91

15-06-02 9:58 AM

ThE MEARIE gROUP

D-C Charlie (C.C.) Macaluso, Chief Executive Officer, Attorney in Fact 3700 Steeles Ave. W., Suite 1100 Vaughan ON L4L 8K8 905-265-5300 Fax:905-265-5301 www.mearie.ca cmacaluso@mearie.ca

Class

Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

596,000 596,000 217,000 109,000 337,000 663,000 6,584,000 ——————— 7,843,000 7,768,000 5,768,000 6,772,000 4,846,000

Net Prems Earned

596,000 596,000 217,000 109,000 337,000 663,000 6,476,000 ——————— 7,735,000 7,768,000 5,768,000 6,772,000 4,846,000

Net Claims Incurred

Claims Ratio

–7,000 –7,000 64,000

–1.17 –1.17 29.49

4,000 68,000 1,680,000 ——————— 1,741,000 3,549,000 3,567,000 1,775,000 1,504,000

1.19 10.26 25.94 ————— 22.51 45.69 61.84 26.21 31.04

2014 Direct Premiums Written: +12,777,000 2014 Underwriting Performance Summary

Reinsurance Assumed........................................... Reinsurance Ceded ............................... 4,933,000 Net Premiums Written ........................... 7,843,000 Net Premiums Earned ........................... 7,735,000 Net Claims & Adj Exp ............................ 1,741,000 Commissions ......................................................... Taxes ........................................................ 397,000 General Expenses ................................. 2,167,000 Undwrwtg. Profit/Loss........................... 3,818,000 Investment Income ................................ 3,981,000

Underwriting Result 2014: 2011:

+$3,818,000 +$2,467,000

2013: 2010:

Growth: 9.71%

Growth Rate (NPW) .................................... 0.97 % of Market (NPW) .................................... 0.02 Earned Loss Ratio .................................... 22.51 Total Expense Ratio ................................. 33.15 Combined Loss & Exp. Ratio ................... 55.66 Return on Equity....................................... 12.56

+$1,822,000 +$978,000

2012:

MENNONITE MUTUAL FIRE INSURANCE COMPANY OF SASKATChEWAN

–$252,000

B-C

Valerie Fehr, President & Chief Executive Officer Box 190 Waldheim SK S0K 4R0 306-945-2239 Fax:306-945-4666 www.mmfi.com fehrv@mmfi.com Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Liability ................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

6,803,000 1,079,000 7,882,000 112,000 221,000 333,000 1,000 554,000 3,000 ——————— 8,773,000 7,955,000 7,019,000 6,472,000 6,058,000

Net Prems Earned

6,849,000 979,000 7,828,000 111,000 218,000 329,000 –3,000 543,000 3,000 ——————— 8,700,000 7,294,000 6,576,000 6,245,000 5,877,000

Net Claims Incurred

Claims Ratio

3,947,000 718,000 4,665,000

57.63 73.34 59.59

191,000 191,000

87.61 58.05

471,000

86.74

——————— 5,327,000 4,258,000 8,558,000 3,663,000 3,181,000

————— 61.23 58.38 130.14 58.65 54.13

2014 Direct Premiums Written: +16,459,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 7,686,000 Net Premiums Written ........................... 8,773,000 Net Premiums Earned ........................... 8,700,000 Net Claims & Adj Exp ............................ 5,327,000 Commissions ......................................... 1,440,000 Taxes ........................................................ 392,000 General Expenses ................................. 2,061,000 Undwrwtg. Profit/Loss............................ –380,000 Investment Income ................................... 431,000

Underwriting Result 2014: 2011:

–$380,000 +$859,000

2013: 2010:

Growth: 1.17% %

Growth Rate (NPW) .................................. 10.28 % of Market (NPW) .................................... 0.02 Earned Loss Ratio .................................... 61.23 Total Expense Ratio ................................. 44.75 Combined Loss & Exp. Ratio ................. 105.98 Return on Equity......................................... 0.47

+$815,000 +$766,000

2012:

+$428,000

MITSUI SUMITOMO INSURANCE COMPANY, LIMITED B-F Ellen J. Moore, Chief Agent For Canada Commerce Court Postal Station 199 Bay St, Suite 2500 PO Box 139 Toronto ON M5L 1E2 416-863-0550 Fax:416-863-3144 Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

119,000 5,537,000 5,656,000 5,329,000 3,675,000 12,000 27,000 3,714,000 311,000 109,000 4,869,000 3,000 207,000 ——————— 20,198,000 20,029,000 24,182,000 20,739,000 21,868,000

70-115_2015 Stat Issue Cdn Underwriters.indd 92

Net Prems Earned

127,000 5,487,000 5,614,000 5,170,000 3,575,000 26,000 42,000 3,643,000 320,000 110,000 4,762,000 3,000 195,000 ——————— 19,817,000 20,717,000 21,141,000 20,635,000 21,778,000

Net Claims Incurred

Claims Ratio

3,879,000 3,879,000 3,844,000 1,000,000 24,000 16,000 1,040,000 6,000

70.69 69.10 74.35 27.97 92.31 38.10 28.55 1.88

1,957,000

41.10

26,000 ——————— 10,752,000 15,412,000 9,479,000 15,145,000 14,171,000

13.33 ————— 54.26 74.39 44.84 73.39 65.07

2014 Direct Premiums Written: +22,409,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. 281,000 Reinsurance Ceded ............................... 2,492,000 Net Premiums Written ......................... 20,198,000 Net Premiums Earned ......................... 19,817,000 Net Claims & Adj Exp .......................... 10,752,000 Commissions ......................................... 1,875,000 Taxes ........................................................ 742,000 General Expenses ................................. 3,440,000 Undwrwtg. Profit/Loss........................... 3,008,000 Investment Income ................................ 2,093,000

Underwriting Result 2014: 2011:

+$3,008,000 –$866,000

2013: 2010:

Growth: 1.50% %

Growth Rate (NPW) .................................... 0.84 % of Market (NPW) .................................... 0.05 Earned Loss Ratio .................................... 54.26 Total Expense Ratio ................................. 30.56 Combined Loss & Exp. Ratio ................... 84.82 Return on Equity......................................... 8.58

–$877,000 +$1,405,000

2012:

+$5,112,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

MOTORS INSURANCE CORPORATION

D-US

C.W. Hastings, Director Canadian Operations 8500 Leslie St., Suite 400 Thornhill ON L3T 7M8 905-882-3900 Fax:905-882-3955

Class

Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-equip .................. Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

–290,000 –281,000 3,969,000 3,398,000 10,556,000 36,854,000 ——————— 50,808,000 54,983,000 56,008,000 134,752,000 136,151,000

Net Prems Earned

–48,000 –76,000 4,058,000 3,934,000 9,975,000 42,343,000 ——————— 56,252,000 90,984,000 129,661,000 153,871,000 160,488,000

Net Claims Incurred

1,401,000 –3,822,000 8,065,000 5,644,000 3,782,000 21,410,000 ——————— 30,836,000 50,556,000 83,951,000 97,513,000 115,206,000

Claims Ratio

–2,918.75 5,028.95 198.74 143.47 37.91 50.56 ————— 54.82 55.57 64.75 63.37 71.78

2014 Direct Premiums Written: +90,361,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 39,553,000 Net Premiums Written ......................... 50,808,000 Net Premiums Earned ......................... 56,252,000 Net Claims & Adj Exp .......................... 30,836,000 Commissions ............................................ 897,000 Taxes ..................................................... 2,963,000 General Expenses ................................. 2,508,000 Undwrwtg. Profit/Loss......................... 19,055,000 Investment Income .............................. 13,961,000

Underwriting Result 2014: 2011:

+$19,055,000 +$33,403,000

2013: 2010:

Growth: –5.32% %

Growth Rate (NPW) .................................. –7.59 % of Market (NPW) .................................... 0.12 Earned Loss Ratio .................................... 54.82 Total Expense Ratio ................................. 11.32 Combined Loss & Exp. Ratio ................... 66.14 Return on Equity......................................... 4.62

+$29,328,000 +$22,274,000

2012:

+$27,150,000

ThE MUTUAL FIRE INSURANCE COMPANY OF BRITISh COLUMBIA B-C Don Hooge, Chairman Darin Nessel, President & Chief Executive Officer 201-9366-200A Street Langley BC V1M 4B3 604-881-1250 Fax:604-881-1440 www.mutualfirebc.com dlnessel@mutualfirebc.com Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Boiler/Mach-excld .................. Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

19,019,000 31,414,000 50,433,000 92,000 2,420,000 ——————— 52,945,000 43,918,000 38,336,000 32,802,000 25,186,000

Net Prems Earned

15,967,000 29,438,000 45,405,000 92,000 2,249,000 ——————— 47,746,000 41,400,000 35,548,000 29,561,000 23,965,000

Net Claims Incurred

Claims Ratio

18,564,000 9,440,000 28,004,000

116.26 32.07 61.68

2,153,000 ——————— 30,157,000 20,608,000 22,285,000 15,862,000 8,874,000

95.73 ————— 63.16 49.78 62.69 53.66 37.03

2014 Direct Premiums Written: +69,768,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 16,823,000 Net Premiums Written ......................... 52,945,000 Net Premiums Earned ......................... 47,746,000 Net Claims & Adj Exp .......................... 30,157,000 Commissions ....................................... 12,652,000 Taxes ..................................................... 1,604,000 General Expenses ................................. 5,455,000 Undwrwtg. Profit/Loss......................... –1,941,000 Investment Income ................................ 2,475,000

Underwriting Result 2014: 2011:

–$1,941,000 +$1,534,000

2013: 2010:

Growth: 28.93% %

Growth Rate (NPW) .................................. 20.55 % of Market (NPW) .................................... 0.12 Earned Loss Ratio .................................... 63.16 Total Expense Ratio ................................. 41.28 Combined Loss & Exp. Ratio ................. 104.44 Return on Equity......................................... 1.60

+$3,750,000 +$4,956,000

2012:

NORTh WATERLOO FARMERS MUTUAL INSURANCE COMPANY Carlos A Rodrigues, President & C.E.O.

–$1,091,000

B-C

100 Erb St. E. Waterloo ON N2J 1L9 519-886-4530 Fax:519-746-0222 www.nwfm.com

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Hail ......................................... Liability ................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

Net Claims Incurred

Claims Ratio

28,467,000 15,799,000 44,266,000 12,363,000 9,365,000 12,760,000 34,488,000

27,259,000 15,049,000 42,308,000 11,931,000 9,572,000 12,649,000 34,152,000

23,061,000 2,614,000 25,675,000 5,543,000 10,180,000 9,328,000 25,051,000 1,000

84.60 17.37 60.69 46.46 106.35 73.74 73.35 0.00

191,000 4,930,000 6,000 ——————— 83,881,000 77,979,000 74,375,000 70,695,000 61,030,000

191,000 4,485,000 9,000 ——————— 81,145,000 74,949,000 72,592,000 65,525,000 57,090,000

2,784,000 8,000 ——————— 53,519,000 41,378,000 39,838,000 39,216,000 34,096,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 93

62.07 88.89 ————— 65.95 55.21 54.88 59.85 59.72

2014 Direct Premiums Written: +93,853,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 9,972,000 Net Premiums Written ......................... 83,881,000 Net Premiums Earned ......................... 81,145,000 Net Claims & Adj Exp .......................... 53,519,000 Commissions ....................................... 18,160,000 Taxes ..................................................... 2,723,000 General Expenses ............................... 10,613,000 Undwrwtg. Profit/Loss......................... –2,741,000 Investment Income ................................ 4,158,000

Underwriting Result 2014: 2011:

–$2,741,000 +$2,641,000

2013: 2010:

Growth: 6.73% %

Growth Rate (NPW) .................................... 7.57 % of Market (NPW) .................................... 0.19 Earned Loss Ratio .................................... 65.95 Total Expense Ratio ................................. 38.81 Combined Loss & Exp. Ratio ................. 104.76 Return on Equity......................................... 2.41

+$5,249,000 +$1,333,000

2012:

+$5,929,000

15-06-02 9:58 AM

NORThBRIDgE FINANCIAL CORPORATION Northbridge Financial Corporation financial data in this publication reflects an aggregation of subsidiary financial data prepared on a statutory basis. Financial data by class reflects subsidiary financial data transacted in all jurisdictions

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

62,819,000 315,152,000 377,971,000 227,655,000 61,666,000 161,877,000 451,198,000 7,301,000 2,129,000 196,607,000 490,000 32,013,000 ——————— 1,067,709,000 1,062,111,000 950,054,000 1,085,923,000 1,007,728,000

Net Prems Earned

61,850,000 300,579,000 362,429,000 223,848,000 62,233,000 153,460,000 439,541,000 6,178,000 2,083,000 197,309,000 593,000 32,234,000 ——————— 1,040,367,000 1,019,697,000 987,599,000 1,059,816,000 1,021,415,000

Net Claims Incurred

37,099,000 180,419,000 217,518,000 122,837,000 54,926,000 104,565,000 282,328,000 1,050,000 1,649,000 105,871,000 7,181,000 22,813,000 ——————— 638,410,000 604,773,000 751,831,000 760,109,000 772,929,000

Claims Ratio

59.98 60.02 60.02 54.88 88.26 68.14 64.23 17.00 79.16 53.66 1,210.96 70.77 ————— 61.36 59.31 76.13 71.72 75.67

B-C

Silvy Wright, President & Chief Executive Officer 105 Adelaide St W, Suite 700 Toronto ON M5H 1P9 416-350-4400 Fax:416-350-4307 www.nbfc.com

2014 Direct Premiums Written: +1,207,132,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 7,404,000 Reinsurance Ceded ........................... 157,567,000 Net Premiums Written .................... 1,067,709,000 Net Premiums Earned .................... 1,040,367,000 Net Claims & Adj Exp ........................ 638,410,000 Commissions ..................................... 164,958,000 Taxes ................................................... 39,062,000 General Expenses ............................. 167,245,000 Undwrwtg. Profit/Loss......................... 35,478,000 Investment Income ............................ 328,035,000

Underwriting Result 2014: 2011:

+$35,478,000 –$61,314,000

2013: 2010:

Growth: 3.00% %

Growth Rate (NPW) .................................... 0.53 % of Market (NPW) .................................... 2.45 Earned Loss Ratio .................................... 61.36 Total Expense Ratio ................................. 35.69 Combined Loss & Exp. Ratio ................... 97.05 Return on Equity....................................... 18.49

+$41,158,000 –$82,912,000

2012:

–$118,858,000

OLD REPUBLIC INSURANCE COMPANY OF CANADA D-US Paul Field, Chief Executive Officer Box 557, 100 King St W Hamilton ON L8N 3K9 905-523-5936 Fax:905-528-4685 pfield@orican.com Class

Net Prems Written

38,000 6,864,000 6,902,000 15,000 29,967,000 3,945,000 14,571,000 48,483,000 3,307,000 ——————— 58,707,000 60,520,000 55,801,000 49,764,000 45,920,000

Net Prems Earned

42,000 6,693,000 6,735,000 15,000 31,331,000 4,087,000 14,241,000 49,659,000 3,348,000 ——————— 59,757,000 63,288,000 52,189,000 46,880,000 41,661,000

Net Claims Incurred

12,000 5,908,000 5,920,000 47,000 19,845,000 364,000 13,577,000 33,786,000 62,000 ——————— 39,815,000 46,116,000 40,360,000 30,921,000 27,693,000

Claims Ratio

28.57 88.27 87.90 313.33 63.34 8.91 95.34 68.04 1.85 ————— 66.63 72.87 77.33 65.96 66.47

2014 Direct Premiums Written: +73,797,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 15,090,000 Net Premiums Written ......................... 58,707,000 Net Premiums Earned ......................... 59,757,000 Net Claims & Adj Exp .......................... 39,815,000 Commissions ......................................... 7,984,000 Taxes ..................................................... 2,381,000 General Expenses ................................. 6,050,000 Undwrwtg. Profit/Loss........................... 3,527,000 Investment Income ................................ 3,916,000

Underwriting Result 2014: 2011:

+$3,527,000 +$3,601,000

2013: 2010:

Growth: 0.94% %

Growth Rate (NPW) .................................. –3.00 % of Market (NPW) .................................... 0.13 Earned Loss Ratio .................................... 66.63 Total Expense Ratio ................................. 27.47 Combined Loss & Exp. Ratio ................... 94.10 Return on Equity......................................... 9.67

+$477,000 +$2,985,000

2012:

OMEgA gENERAL INSURANCE COMPANY

–$1,672,000

B-C

Philip Cook, Chief Executive Officer 34 King St E. Suite 1200 Toronto ON M5C 2X8 www.omegageneral.com contactus@omegageneral.com

Class

Net Prems Written

Net Prems Earned

Net Claims Incurred

Claims Ratio

24,207,000 98,000 24,305,000 –165,000

23,974,000 95,000 24,069,000 –165,000

13,753,000 –328,000 13,425,000 –235,000 –55,000

57.37 –345.26 55.78 142.42 0.00

–2,000 –2,000 5,000 1,032,000 12,000

–2,000 –2,000 5,000 1,024,000 12,000

——————— 25,187,000 20,222,000 17,927,000 18,437,000 14,568,000

70-115_2015 Stat Issue Cdn Underwriters.indd 94

——————— 24,943,000 20,169,000 18,747,000 18,430,000 13,696,000

–55,000 4,000 866,000 26,000 5,000 ——————— 14,036,000 10,335,000 13,387,000 12,617,000 6,749,000

2,750.00 80.00 84.57 216.67 0.00 ————— 56.27 51.24 71.41 68.46 49.28

2014 Direct Premiums Written: +35,554,000 2014 Underwriting Performance Summary Reinsurance Assumed.................................. 6,000 Reinsurance Ceded ............................. 10,373,000 Net Premiums Written ......................... 25,187,000 Net Premiums Earned ......................... 24,943,000 Net Claims & Adj Exp .......................... 14,036,000 Commissions ......................................... 8,966,000 Taxes ..................................................... 1,296,000 General Expenses ................................. 1,205,000 Undwrwtg. Profit/Loss............................ –560,000 Investment Income ................................... 640,000

Underwriting Result 2014: 2011:

–$560,000 –$1,344,000

2013: 2010:

Growth: 24.96% %

Growth Rate (NPW) .................................. 24.55 % of Market (NPW) .................................... 0.06 Earned Loss Ratio .................................... 56.27 Total Expense Ratio ................................. 45.97 Combined Loss & Exp. Ratio ................. 102.24 Return on Equity......................................... 0.62

–$249,000 +$2,340,000

2012:

–$2,652,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

ONTARIO MUTUAL INSURANCE ASSOCIATION John Taylor, BBA,FCIP,CHRP, President Allan Hedley, Chairman of Board 350 Pinebush Rd, Box 3187 Cambridge ON N3H 4S6 519-622-9220 Fax:519-622-9227 www.ontariomutuals.com

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Hail ......................................... Liability ................................... Other Apprvd. Prod. ............... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

265,880,000 46,039,000 311,919,000 100,132,000 55,226,000 56,177,000 211,535,000 6,000 29,000 113,000 45,182,000 10,000 276,000 ——————— 569,070,000 551,716,000 539,580,000 519,070,000 480,446,000

Net Prems Earned

259,402,000 44,883,000 304,285,000 100,542,000 56,376,000 58,571,000 215,489,000 –10,000 29,000 113,000 44,280,000 10,000 273,000 ——————— 564,469,000 549,461,000 529,416,000 498,344,000 452,410,000

Net Claims Incurred

Claims Ratio

179,646,000 23,997,000 203,643,000 59,622,000 25,157,000 27,372,000 112,151,000

69.25 53.47 66.93 59.30 44.62 46.73 52.04

12,000 13,897,000 –16,000 181,000 ——————— 329,868,000 295,211,000 269,369,000 297,307,000 242,526,000

10.62 31.38 –160.00 66.30 ————— 58.44 53.73 50.88 59.66 53.61

2014 Direct Premiums Written: +670,836,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 1,155,000 Reinsurance Ceded ........................... 102,920,000 Net Premiums Written ....................... 569,070,000 Net Premiums Earned ....................... 564,469,000 Net Claims & Adj Exp ........................ 329,868,000 Commissions ..................................... 112,421,000 Taxes ..................................................... 1,538,000 General Expenses ............................. 112,621,000 Undwrwtg. Profit/Loss......................... 19,206,000 Investment Income .............................. 95,464,000

Underwriting Result 2014: 2011:

+$19,206,000 +$17,161,000

2013: 2010:

B-C

Growth: 0.56% %

Growth Rate (NPW) .................................... 3.15 % of Market (NPW) .................................... 1.31 Earned Loss Ratio .................................... 58.44 Total Expense Ratio ................................. 40.14 Combined Loss & Exp. Ratio ................... 98.58 Return on Equity......................................... 7.60

+$46,795,000 +$28,505,000

2012:

ONTARIO SChOOL BOARD’S Jim H. Sami, Chief Executive Officer INSURANCE ExChANgE 91 Westmount Rd.

+$61,306,000

D-C

Guelph ON N1H 5J2 519-767-2182 Fax:519-767-0281

Class

Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

15,243,000 15,243,000 607,000 278,000 433,000 1,318,000 182,000 1,003,000 21,580,000 ——————— 39,326,000 37,093,000 35,934,000 34,832,000 33,131,000

Net Prems Earned

15,243,000 15,243,000 658,000 278,000 484,000 1,420,000 182,000 1,003,000 21,999,000 ——————— 39,847,000 37,614,000 36,417,000 35,297,000 33,571,000

Net Claims Incurred

5,536,000 5,536,000 706,000 451,000 37,000 1,194,000 –51,000 333,000 19,820,000 ——————— 26,832,000 28,794,000 30,863,000 23,681,000 26,413,000

Claims Ratio

36.32 36.32 107.29 162.23 7.64 84.08 –28.02 33.20 90.10 ————— 67.34 76.55 84.75 67.09 78.68

2014 Direct Premiums Written: +42,420,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 3,094,000 Net Premiums Written ......................... 39,326,000 Net Premiums Earned ......................... 39,847,000 Net Claims & Adj Exp .......................... 26,832,000 Commissions ......................................................... Taxes ..................................................... 1,206,000 General Expenses ................................. 2,482,000 Undwrwtg. Profit/Loss........................... 9,327,000 Investment Income ................................ 8,311,000

Underwriting Result 2014: 2011:

+$9,327,000 +$8,453,000

OPTIMUM gENERAL INC. OPTIMUM WEST INSURANCE COMPANY OPTIMUM SOCIETE DøASSURANCE INC OPTIMUM ASSURANCE AgRICOLE INC

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

47,827,000 20,687,000 68,514,000 19,779,000 7,978,000 10,328,000 38,085,000 1,000 37,000 17,055,000 3,000 ——————— 123,695,000 111,639,000 105,195,000 94,442,000 90,980,000

Net Prems Earned

43,384,000 19,660,000 63,044,000 20,131,000 8,095,000 10,016,000 38,242,000 1,000 40,000 16,122,000 –2,000 ——————— 117,447,000 108,307,000 102,818,000 92,592,000 87,320,000

Net Claims Incurred

Claims Ratio

26,436,000 7,768,000 34,204,000 10,646,000 7,136,000 8,097,000 25,879,000 2,000 4,000 5,339,000

60.93 39.51 54.25 52.88 88.15 80.84 67.67 200.00 10.00 33.12

——————— 65,428,000 56,360,000 50,651,000 48,460,000 46,039,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 95

————— 55.71 52.04 49.26 52.34 52.72

2013: 2010:

Growth: 5.61% %

Growth Rate (NPW) .................................... 6.02 % of Market (NPW) .................................... 0.09 Earned Loss Ratio .................................... 67.34 Total Expense Ratio ................................... 9.26 Combined Loss & Exp. Ratio ................... 76.60 Return on Equity....................................... 20.17

+$5,297,000 +$4,123,000

2012:

B-C

Anabelle Blondeau, President & Chief Executive Officer 425 de Maisonneuve Blvd. W Suite 1500 Montreal QC H3A 3G5 514-288-8725 Fax:514-288-0760

2014 Direct Premiums Written: +156,181,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 32,486,000 Net Premiums Written ....................... 123,695,000 Net Premiums Earned ....................... 117,447,000 Net Claims & Adj Exp .......................... 65,428,000 Commissions ....................................... 18,248,000 Taxes ..................................................... 5,062,000 General Expenses ............................... 23,596,000 Undwrwtg. Profit/Loss........................... 5,103,000 Investment Income ................................ 4,523,000

Underwriting Result 2014: 2011:

+$5,103,000 +$4,128,000

+$2,178,000

2013: 2010:

Growth: 11.26% %

Growth Rate (NPW) .................................. 10.80 % of Market (NPW) .................................... 0.28 Earned Loss Ratio .................................... 55.71 Total Expense Ratio ................................. 39.94 Combined Loss & Exp. Ratio ................... 95.65 Return on Equity....................................... 11.21

+$6,888,000 +$2,577,000

2012:

+$7,693,000

15-06-02 9:58 AM

P.E.I. MUTUAL INSURANCE COMPANY

D-C

Terrence Shea, General Manager 201 Water St. Summerside PE C1N 1B4 902-436-2185 www.peimutual.com protect@peimutual.com

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Legal Expense ........................ Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

9,025,000 6,662,000 15,687,000

8,531,000 6,423,000 14,954,000

2,108,000 ——————— 17,795,000 16,306,000 15,621,000 14,819,000 13,758,000

2,067,000 ——————— 17,021,000 16,198,000 14,952,000 14,229,000 13,040,000

Net Claims Incurred

8,416,000 3,632,000 12,048,000 –30,000 854,000 ——————— 12,872,000 12,468,000 8,869,000 9,871,000 9,140,000

Claims Ratio

98.65 56.55 80.57 0.00 41.32 ————— 75.62 76.97 59.32 69.37 70.09

2014 Direct Premiums Written: +19,728,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 1,933,000 Net Premiums Written ......................... 17,795,000 Net Premiums Earned ......................... 17,021,000 Net Claims & Adj Exp .......................... 12,872,000 Commissions ......................................... 2,285,000 Taxes ........................................................ 197,000 General Expenses ................................. 3,547,000 Undwrwtg. Profit/Loss......................... –1,880,000 Investment Income ................................ 3,574,000

Underwriting Result 2014: 2011:

–$1,880,000 –$805,000

2013: 2010:

Growth: 6.32% %

Growth Rate (NPW) .................................... 9.13 % of Market (NPW) .................................... 0.04 Earned Loss Ratio .................................... 75.62 Total Expense Ratio ................................. 35.42 Combined Loss & Exp. Ratio ................. 111.04 Return on Equity......................................... 3.45

–$2,039,000 –$1,291,000

2012:

+$608,000

PACIFIC COAST FIShERMEN’S MUTUAL MARINE INSURANCE COMPANY

D-C

3757 Canada Way Burnaby BC V5G 1G5 604-438-4240 Fax:604-438-5756 www.mutualmarine.bc.ca info@mutualmarine.bc.ca Class

Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

5,643,000 ——————— 5,643,000 5,470,000 5,470,000 6,070,000 5,916,000

Net Prems Earned

5,652,000 ——————— 5,652,000 5,467,000 5,603,000 6,161,000 5,927,000

Net Claims Incurred

580,000 ——————— 580,000 687,000 596,000 983,000 647,000

Claims Ratio

10.26 ————— 10.26 12.57 10.64 15.96 10.92

2014 Direct Premiums Written: +6,039,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded .................................. 396,000 Net Premiums Written ........................... 5,643,000 Net Premiums Earned ........................... 5,652,000 Net Claims & Adj Exp ............................... 580,000 Commissions ......................................................... Taxes ..................................................................... General Expenses .................................... 957,000 Undwrwtg. Profit/Loss........................... 4,115,000 Investment Income ................................... 421,000

Underwriting Result 2014: 2011:

+$4,115,000 +$4,241,000

2013: 2010:

Growth: –2.36% %

Growth Rate (NPW) .................................... 3.16 % of Market (NPW) .................................... 0.01 Earned Loss Ratio .................................... 10.26 Total Expense Ratio ................................. 16.93 Combined Loss & Exp. Ratio ................... 27.19 Return on Equity....................................... 62.55

+$3,817,000 +$4,430,000

2012:

PAFCO INSURANCE COMPANY

+$4,029,000

B-C

J.R.(Bob) Tisdale, President & C.O.O. 27 Allstate Parkway Suite 100 Markham ON L3R 5P8 905-477-6900 Fax:905-475-4991 www.pafco.ca

Class

Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

49,595,000 26,742,000 17,556,000 93,893,000 ——————— 93,893,000 91,226,000 99,033,000 99,320,000 77,415,000

Net Prems Earned

47,569,000 25,251,000 17,080,000 89,900,000 ——————— 89,900,000 96,785,000 99,918,000 88,639,000 64,365,000

Net Claims Incurred

30,510,000 6,250,000 10,973,000 47,733,000 ——————— 47,733,000 53,699,000 44,552,000 51,265,000 39,274,000

Claims Ratio

64.14 24.75 64.24 53.10 ————— 53.10 55.48 44.59 57.84 61.02

2014 Direct Premiums Written: +94,067,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded .................................. 174,000 Net Premiums Written ......................... 93,893,000 Net Premiums Earned ......................... 89,900,000 Net Claims & Adj Exp .......................... 47,733,000 Commissions ....................................... 13,211,000 Taxes ..................................................... 2,806,000 General Expenses ................................. 9,921,000 Undwrwtg. Profit/Loss......................... 19,333,000 Investment Income ................................ 8,972,000

Underwriting Result 2014: 2011:

70-115_2015 Stat Issue Cdn Underwriters.indd 96

+$19,333,000 +$14,377,000

2013: 2010:

Growth: 2.06% %

Growth Rate (NPW) .................................... 2.92 % of Market (NPW) .................................... 0.22 Earned Loss Ratio .................................... 53.10 Total Expense Ratio ................................. 28.85 Combined Loss & Exp. Ratio ................... 81.95 Return on Equity....................................... 32.35

+$18,250,000 +$7,455,000

2012:

+$31,015,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

PEACE hILLS gENERAL INSURANCE COMPANY

B-C

Diane Brickner C.I.P., President & CEO 300, 10709 Jasper Ave. Edmonton AB T5J 3N3 780-424-3986 Fax:780-424-0396 www.peacehillsinsurance.com phi@peacehillsinsurance.com

Class

Net Prems Written

58,540,000 25,983,000 84,523,000 28,188,000 2,147,000 25,100,000 55,435,000 ——————— 139,958,000 124,159,000 117,582,000 111,919,000 112,343,000

Net Prems Earned

53,803,000 24,735,000 78,538,000 27,156,000 2,092,000 24,040,000 53,288,000 ——————— 131,826,000 116,323,000 114,363,000 111,361,000 111,234,000

Net Claims Incurred

35,144,000 13,037,000 48,181,000 19,153,000 2,477,000 15,229,000 36,859,000 ——————— 85,040,000 77,142,000 70,853,000 73,985,000 60,229,000

Claims Ratio

65.32 52.71 61.35 70.53 118.40 63.35 69.17 ————— 64.51 66.32 61.95 66.44 54.15

2014 Direct Premiums Written: +213,607,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 73,649,000 Net Premiums Written ....................... 139,958,000 Net Premiums Earned ....................... 131,826,000 Net Claims & Adj Exp .......................... 85,040,000 Commissions ....................................... 26,080,000 Taxes ..................................................... 6,957,000 General Expenses ............................... 22,635,000 Undwrwtg. Profit/Loss......................... –6,469,000 Investment Income ................................ 6,978,000

Underwriting Result 2014: 2011:

–$6,469,000 –$5,247,000

2013: 2010:

Growth: 11.40% %

Growth Rate (NPW) .................................. 12.72 % of Market (NPW) .................................... 0.32 Earned Loss Ratio .................................... 64.51 Total Expense Ratio ................................. 42.23 Combined Loss & Exp. Ratio ................. 106.74 Return on Equity......................................... 0.95

–$9,274,000 +$10,454,000

2012:

PEMBRIDgE INSURANCE COMPANY

J.R.(Bob) Tisdale, President & C.O.O. 27 Allstate Parkway Suite 100 Markham ON L3R 5P8 905-477-6900 Fax:905-475-4991 www.pembridge.com

Class

Net Prems Written

Net Prems Earned

47,424,000

43,414,000

47,424,000 91,238,000 55,314,000 37,553,000 184,105,000

43,414,000 86,584,000 54,586,000 37,510,000 178,680,000

——————— 231,529,000 211,009,000 179,190,000 155,018,000 136,395,000

——————— 222,094,000 194,882,000 167,044,000 145,628,000 120,733,000

Net Claims Incurred

26,856,000 16,000 26,872,000 68,263,000 33,884,000 30,098,000 132,245,000 10,000 47,000 ——————— 159,174,000 133,309,000 105,341,000 102,279,000 83,778,000

Claims Ratio

61.86 0.00 61.90 78.84 62.07 80.24 74.01 0.00 0.00 ————— 71.67 68.40 63.06 70.23 69.39

2014 Direct Premiums Written: +232,219,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded .................................. 690,000 Net Premiums Written ....................... 231,529,000 Net Premiums Earned ....................... 222,094,000 Net Claims & Adj Exp ........................ 159,174,000 Commissions ....................................... 43,045,000 Taxes ..................................................... 7,076,000 General Expenses ............................... 21,933,000 Undwrwtg. Profit/Loss......................... –3,826,000 Investment Income .............................. 12,035,000

Underwriting Result 2014: 2011:

–$3,826,000 –$1,065,000

2013: 2010:

–$3,012,000

B-C

Growth: 9.28% %

Growth Rate (NPW) .................................... 9.72 % of Market (NPW) .................................... 0.53 Earned Loss Ratio .................................... 71.67 Total Expense Ratio ................................. 32.44 Combined Loss & Exp. Ratio ................. 104.11 Return on Equity......................................... 4.57

+$2,235,000 –$1,825,000

2012:

+$10,056,000

ThE PORTAgE LA PRAIRIE MUTUAL B-C John G Mitchell, President & Chief Executive Officer INSURANCE COMPANY PO Box 340 Portage La Prairie MB R1N 3B8 204-857-3415 Fax:204-239-6655 www.portagemutual.com

Class

Net Prems Written

88,611,000 7,996,000 96,607,000 39,615,000 15,832,000 30,945,000 86,392,000 7,935,000 ——————— 190,934,000 194,516,000 187,023,000 183,883,000 165,777,000

Net Prems Earned

87,555,000 7,995,000 95,550,000 40,875,000 16,782,000 32,299,000 89,956,000 8,115,000 ——————— 193,621,000 189,206,000 184,523,000 175,250,000 157,524,000

Net Claims Incurred

57,327,000 6,507,000 63,834,000 45,357,000 11,516,000 21,858,000 78,731,000 5,310,000 ——————— 147,875,000 141,320,000 126,088,000 126,247,000 119,255,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 97

Claims Ratio

65.48 81.39 66.81 110.97 68.62 67.67 87.52 65.43 ————— 76.37 74.69 68.33 72.04 75.71

2014 Direct Premiums Written: +212,853,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 21,919,000 Net Premiums Written ....................... 190,934,000 Net Premiums Earned ....................... 193,621,000 Net Claims & Adj Exp ........................ 147,875,000 Commissions ....................................... 40,425,000 Taxes ..................................................... 8,799,000 General Expenses ............................... 28,789,000 Undwrwtg. Profit/Loss....................... –28,623,000 Investment Income .............................. 18,137,000

Underwriting Result 2014: 2011:

–$28,623,000 –$15,640,000

2013: 2010:

Growth: –0.93% %

Growth Rate (NPW) .................................. –1.84 % of Market (NPW) .................................... 0.44 Earned Loss Ratio .................................... 76.37 Total Expense Ratio ................................. 40.29 Combined Loss & Exp. Ratio ................. 116.66 Return on Equity....................................... –5.01

–$19,664,000 –$13,118,000

2012:

–$5,728,000

15-06-02 9:58 AM

PROTECTIVE INSURANCE COMPANY

D-C

Mr. Phillip H Cook, Chief Agent for Canada 34 King St E Suite 1200 Toronto ON M5C 2X8 416-361-1728 Fax:416-361-6113

Class

Net Prems Written

Auto. - Liability ....................... Auto. - Other........................... Auto - Total ............................

725,000 1,046,000 1,771,000 ——————— Total 2014 .............................. 1,771,000 Total 2013............................... 1,818,000 Total 2012............................... 1,244,000

Net Prems Earned

719,000 1,046,000 1,765,000 ——————— 1,765,000 1,819,000 1,245,000

Net Claims Incurred

6,414,000 259,000 6,673,000 ——————— 6,673,000 2,534,000 591,000

Claims Ratio

892.07 24.76 378.07 ————— 378.07 139.31 47.47

2014 Direct Premiums Written: +2,171,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded .................................. 400,000 Net Premiums Written ........................... 1,771,000 Net Premiums Earned ........................... 1,765,000 Net Claims & Adj Exp ............................ 6,673,000 Commissions ............................................ 189,000 Taxes ........................................................ 101,000 General Expenses .................................... 335,000 Undwrwtg. Profit/Loss......................... –5,533,000 Investment Income ................................... 189,000

Underwriting Result 2014:

–$5,533,000

2013:

Growth: 1.92% %

Growth Rate (NPW) .................................. –2.59 % of Market (NPW) .................................... 0.00 Earned Loss Ratio .................................. 378.07 Total Expense Ratio ................................. 35.41 Combined Loss & Exp. Ratio ................. 413.48 Return on Equity....................................... –0.24

–$1,285,000

2012:

+$184,000

RBC gENERAL INSURANCE COMPANY

D-C

Rino D’Onofrio, President & Chief Executive Officer 6880 Financial Dr West Tower Mississauga ON L5N 7Y5 905-606-1113 Fax:905-813-4850 www.rbcinsurance.com

Class

Prop. - Personal ..................... Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Liability ................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

Net Claims Incurred

Claims Ratio

179,017,000 179,017,000 240,858,000 183,974,000 131,366,000 556,198,000 135,000

158,642,000 158,642,000 192,768,000 180,551,000 117,755,000 491,074,000 140,000

110,446,000 110,446,000 176,625,000 80,970,000 94,676,000 352,271,000

69.62 69.62 91.63 44.85 80.40 71.73

——————— 735,350,000 561,552,000 537,307,000 528,837,000 476,188,000

——————— 649,856,000 533,261,000 536,272,000 500,767,000 422,762,000

–12,000 ——————— 462,705,000 383,209,000 377,239,000 382,993,000 393,060,000

0.00 ————— 71.20 71.86 70.34 76.48 92.97

2014 Direct Premiums Written: +749,448,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 14,098,000 Net Premiums Written ....................... 735,350,000 Net Premiums Earned ....................... 649,856,000 Net Claims & Adj Exp ........................ 462,705,000 Commissions ......................................................... Taxes ................................................... 21,444,000 General Expenses ............................. 154,107,000 Undwrwtg. Profit/Loss......................... 11,600,000 Investment Income .............................. 31,812,000

Underwriting Result 2014: 2011:

+$11,600,000 –$6,440,000

2013: 2010:

Growth: 30.43% %

Growth Rate (NPW) .................................. 30.95 % of Market (NPW) .................................... 1.69 Earned Loss Ratio .................................... 71.20 Total Expense Ratio ................................. 27.01 Combined Loss & Exp. Ratio ................... 98.21 Return on Equity....................................... 10.69

+$9,972,000 –$89,994,000

2012:

+$34,226,000

RBC INSURANCE COMPANY OF CANADA

D-C

Rino D’Onofrio, President & Chief Executive Officer 6880 Financial Dr. West Tower Mississauga ON L5N 7Y5 905-606-1113 Fax:905-813-4850 www.rbcinsurance.com Class

Net Prems Written

11,894,000 11,894,000 –29,000 –360,000 183,000 –206,000 99,856,000 ——————— 111,544,000 336,705,000 400,871,000 403,888,000 361,683,000

Net Prems Earned

28,256,000 28,256,000 20,356,000 19,699,000 10,464,000 50,519,000 108,426,000 ——————— 187,201,000 376,334,000 397,408,000 385,643,000 338,006,000

Net Claims Incurred

14,239,000 14,239,000 15,143,000 –1,523,000 6,952,000 20,572,000 60,632,000 ——————— 95,443,000 206,343,000 217,484,000 218,531,000 183,101,000

Claims Ratio

50.39 50.39 74.39 –7.73 66.44 40.72 55.92 ————— 50.98 54.83 54.73 56.67 54.17

2014 Direct Premiums Written: +184,465,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 3,881,000 Reinsurance Ceded ............................. 76,802,000 Net Premiums Written ....................... 111,544,000 Net Premiums Earned ....................... 187,201,000 Net Claims & Adj Exp .......................... 95,443,000 Commissions ....................................... 16,538,000 Taxes ..................................................... 4,755,000 General Expenses ............................... 46,276,000 Undwrwtg. Profit/Loss......................... 24,189,000 Investment Income .............................. 12,401,000

Underwriting Result 2014: 2011:

70-115_2015 Stat Issue Cdn Underwriters.indd 98

+$24,189,000 –$10,514,000

2013: 2010:

Growth: –46.94% %

Growth Rate (NPW) ................................ –66.87 % of Market (NPW) .................................... 0.26 Earned Loss Ratio .................................... 50.98 Total Expense Ratio ................................. 36.09 Combined Loss & Exp. Ratio ................... 87.07 Return on Equity....................................... 20.58

+$19,720,000 –$9,698,000

2012:

+$715,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

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inspress full page 70-115_2015 Stat JUN2015 Issue CdnFINAL.indd Underwriters.indd 1 99

15-05-25 9:58 15-06-02 9:46 AM AM

Class

Net Prems Written

47,537,000 23,082,000 70,619,000 4,296,000 ——————— 74,915,000 68,698,000 65,394,000 64,737,000 57,144,000

Net Prems Earned

45,445,000 21,960,000 67,405,000 3,902,000 ——————— 71,307,000 66,524,000 64,550,000 60,751,000 53,604,000

Net Claims Incurred

28,111,000 12,221,000 40,332,000 1,595,000 ——————— 41,927,000 42,507,000 36,246,000 38,216,000 33,583,000

Claims Ratio

61.86 55.65 59.84 40.88 ————— 58.80 63.90 56.15 62.91 62.65

Brian Esau, President & Chief Executive Officer 245 Centre Ave. E. Altona MB R0G 0B0 204-324-6434 Fax:204-324-1952 www.redrivermutual.com info@redrivermutual.com

2014 Direct Premiums Written: +84,518,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 9,603,000 Net Premiums Written ......................... 74,915,000 Net Premiums Earned ......................... 71,307,000 Net Claims & Adj Exp .......................... 41,927,000 Commissions ....................................... 18,802,000 Taxes ..................................................... 3,432,000 General Expenses ................................. 8,791,000 Undwrwtg. Profit/Loss............................ –560,000 Investment Income ................................ 4,930,000

Underwriting Result 2014: 2011:

–$560,000 –$1,096,000

2013: 2010:

Growth: 9.15% %

Growth Rate (NPW) .................................... 9.05 % of Market (NPW) .................................... 0.17 Earned Loss Ratio .................................... 58.80 Total Expense Ratio ................................. 43.51 Combined Loss & Exp. Ratio ................. 102.31 Return on Equity......................................... 5.73

–$3,219,000 –$1,286,000

2012:

+$1,846,000

RSA CANADA gROUP

B-UK

ROYAL & SUN ALLIANCE INSURANCE COMPANY OF CANADA qUEBEC ASSURANCE COMPANY WESTERN ASSURANCE COMPANY UNIFUND ASSURANCE COMPANY ASCENTUS INSURANCE LTD. CANADIAN NORThERN ShIELD INSURANCE COMPANY L’UNION CANADIENNE, COMPAgNIE D’ASSURANCE Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

664,399,000 390,539,000 1,054,938,000 583,801,000 244,574,000 446,482,000 1,274,857,000 57,714,000 3,173,000 210,119,000 916,000 35,427,000 128,023,000 ——————— 2,765,167,000 2,790,693,000 2,507,328,000 2,360,019,000 1,981,181,000

Net Prems Earned

646,642,000 397,025,000 1,043,667,000 –21,000 592,246,000 264,872,000 453,832,000 1,310,950,000 57,890,000 3,510,000 219,887,000 618,000 32,966,000 125,605,000 ——————— 2,795,072,000 2,734,387,000 2,466,612,000 2,259,975,000 1,879,987,000

Net Claims Incurred

476,625,000 279,152,000 755,777,000 35,000 434,811,000 201,995,000 280,527,000 917,333,000 21,199,000 1,915,000 111,577,000 –48,000 17,818,000 67,065,000 ——————— 1,892,671,000 1,960,058,000 1,677,070,000 1,515,636,000 1,228,091,000

Claims Ratio

73.71 70.31 72.42 –166.67 73.42 76.26 61.81 69.97 36.62 54.56 50.74 –7.77 54.05 53.39 ————— 67.71 71.68 67.99 67.06 65.32

Rowan Saunders, President & C.E.O. 18 York St Toronto ON M5J 0B2 416-366-7511 Fax:416-367-9869 www.rsagroup.ca

2014 Direct Premiums Written: +2,969,586,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 23,767,000 Reinsurance Ceded ........................... 257,157,000 Net Premiums Written .................... 2,765,167,000 Net Premiums Earned .................... 2,795,072,000 Net Claims & Adj Exp ..................... 1,892,671,000 Commissions ..................................... 426,375,000 Taxes ................................................. 101,147,000 General Expenses ............................. 351,133,000 Undwrwtg. Profit/Loss......................... 54,354,000 Investment Income ............................ 203,816,000

Underwriting Result 2014: 2011:

+$54,354,000 +$83,085,000

B-C

2013: 2010:

Growth: –2.65% %

Growth Rate (NPW) .................................. –0.91 % of Market (NPW) .................................... 6.35 Earned Loss Ratio .................................... 67.71 Total Expense Ratio ................................. 31.44 Combined Loss & Exp. Ratio ................... 99.15 Return on Equity....................................... 24.12

–$33,015,000 +$110,296,000

2012:

+$71,981,000

SASKATChEWAN MUTUAL INSURANCE COMPANY B-C L. M. Wiebe, President & C.E.O. 279-3rd Ave. N. Saskatoon SK S7K 2H8 306-653-4232 Fax:306-653-3260 www.saskmutual.com headoffice@saskmutual.com Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Fidelity .................................... Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

29,520,000 6,805,000 36,325,000 1,871,000 302,000 6,840,000 9,013,000 13,000 4,658,000 ——————— 50,009,000 51,616,000 51,300,000 47,508,000 43,012,000

100

70-115_2015 Stat Issue Cdn Underwriters.indd 100

Net Prems Earned

28,534,000 6,880,000 35,414,000 1,891,000 304,000 6,875,000 9,070,000 14,000 4,551,000 ——————— 49,049,000 53,557,000 49,039,000 44,797,000 41,287,000

Net Claims Incurred

18,896,000 4,387,000 23,283,000 –45,000 37,000 3,776,000 3,768,000 –2,000 2,130,000 ——————— 29,179,000 36,214,000 27,211,000 25,031,000 26,100,000

Claims Ratio

66.22 63.76 65.75 –2.38 12.17 54.92 41.54 –14.29 46.80 ————— 59.49 67.62 55.49 55.88 63.22

2014 Direct Premiums Written: +62,772,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 12,763,000 Net Premiums Written ......................... 50,009,000 Net Premiums Earned ......................... 49,049,000 Net Claims & Adj Exp .......................... 29,179,000 Commissions ......................................... 9,804,000 Taxes ..................................................... 2,659,000 General Expenses ................................. 8,401,000 Undwrwtg. Profit/Loss............................ –567,000 Investment Income ................................ 3,225,000

Underwriting Result 2014: 2011:

–$567,000 +$1,674,000

2013: 2010:

Growth: 3.46% %

Growth Rate (NPW) .................................. –3.11 % of Market (NPW) .................................... 0.11 Earned Loss Ratio .................................... 59.49 Total Expense Ratio ................................. 42.54 Combined Loss & Exp. Ratio ................. 102.03 Return on Equity......................................... 5.49

–$5,416,000 –$1,313,000

2012:

+$1,560,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

© 2015 Royal & Sun Alliance Insurance Company of Canada. All rights reserved. RSA, RSA & Design and related words and logos are trademarks and the property of RSA Insurance Group plc, licensed for use by Royal & Sun Alliance Insurance Company of Canada. RSA is a trade name of Royal & Sun Alliance Insurance Company of Canada.

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2015-04-23 9:43 AM 70-115_2015 Stat Issue Cdn Underwriters.indd 101

15-06-02 9:58 AM

SECURITY INSURANCE COMPANY OF hARTFORD D-US Colleen Sexsmith, Chief Agent 1145 Nicholson Rd., Unit 2 Newmarket ON L3Y 9C3 905-853-0858 Fax:905-853-0183

Class

Prop. - Commercial ................ Prop - Total ........................... Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

——————— 0 0 0 0 0

Net Claims Incurred

1,000 1,000 –612,000 ——————— –611,000 –333,000 –599,000 198,000 –5,785,000

Claims Ratio

0.00 0.00 —————

2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................................... Net Premiums Written ......................................... 0 Net Premiums Earned ......................................... 0 Net Claims & Adj Exp ............................. –611,000 Commissions ......................................................... Taxes ..................................................................... General Expenses .................................... 274,000 Undwrwtg. Profit/Loss.............................. 337,000 Investment Income ................................ 1,042,000

Underwriting Result 2014: 2011:

+$337,000 –$475,000

2013: 2010:

Growth Rate (NPW) .................................... 0.00 % of Market (NPW) .................................... 0.00 Earned Loss Ratio ...................................... 0.00 Total Expense Ratio ................................... 0.00 Combined Loss & Exp. Ratio ..................... 0.00 Return on Equity......................................... 3.11

+$13,000 +$5,508,000

2012:

+$291,000

SgI CANADA gROUP COAChMAN INSURANCE COMPANY INSURANCE COMPANY OF PRINCE EDWARD ISLAND SgI CANADA INSURANCE SERVICES LTD

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

144,587,000 113,172,000 257,759,000 66,000 75,230,000 25,645,000 144,981,000 245,856,000 155,000 409,000 43,776,000 1,815,000 21,000 ——————— 549,857,000 522,181,000 496,707,000 476,488,000 434,508,000

Net Prems Earned

135,388,000 106,279,000 241,667,000 67,000 69,483,000 25,461,000 137,440,000 232,384,000 158,000 966,000 40,916,000 1,085,000 20,000 ——————— 517,263,000 507,251,000 487,485,000 453,506,000 411,259,000

Net Claims Incurred

Claims Ratio

102,688,000 72,324,000 175,012,000

75.85 68.05 72.42

40,456,000 16,016,000 84,354,000 140,826,000 100,000 24,000 5,948,000 526,000

58.22 62.90 61.38 60.60 63.29 2.48 14.54 48.48

——————— 322,436,000 325,816,000 249,621,000 293,938,000 247,867,000

————— 62.34 64.23 51.21 64.81 60.27

B-C Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax:306-525-6040 www.sgi.sk.ca

2014 Direct Premiums Written: +592,385,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. 378,000 Reinsurance Ceded ............................. 42,918,000 Net Premiums Written ....................... 549,857,000 Net Premiums Earned ....................... 517,263,000 Net Claims & Adj Exp ........................ 322,436,000 Commissions ..................................... 118,349,000 Taxes ................................................... 24,176,000 General Expenses ............................... 64,727,000 Undwrwtg. Profit/Loss......................... –5,541,000 Investment Income .............................. 48,117,000

Underwriting Result 2014: 2011:

–$5,541,000 –$8,491,000

2013: 2010:

Growth: 5.04% %

Growth Rate (NPW) .................................... 5.30 % of Market (NPW) .................................... 1.24 Earned Loss Ratio .................................... 62.34 Total Expense Ratio ................................. 40.07 Combined Loss & Exp. Ratio ................. 102.41 Return on Equity....................................... 13.48

–$14,521,000 +$6,187,000

2012:

+$55,509,000

COAChMAN INSURANCE COMPANY

B-C

Paul MacDonald, Vice-President Operations 10 Four Seasons Place Suite 200 Toronto ON M9B 6H7 416-255-3417 Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

6,116,000 4,030,000 10,146,000 18,913,000 15,585,000 4,886,000 39,384,000 50,000 2,945,000 45,000 ——————— 52,570,000 51,653,000 56,808,000 63,832,000 45,502,000

102

70-115_2015 Stat Issue Cdn Underwriters.indd 102

Net Prems Earned

6,172,000 3,507,000 9,679,000 17,890,000 15,753,000 4,965,000 38,608,000 –1,000 42,000 2,584,000 42,000 ——————— 50,954,000 53,648,000 59,877,000 55,356,000 36,331,000

Net Claims Incurred

Claims Ratio

4,095,000 2,492,000 6,587,000 11,328,000 8,131,000 4,716,000 24,175,000

66.35 71.06 68.05 63.32 51.62 94.98 62.62

1,627,000 ——————— 32,389,000 30,850,000 37,890,000 39,994,000 27,567,000

62.96 ————— 63.57 57.50 63.28 72.25 75.88

2014 Direct Premiums Written: +58,274,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 5,704,000 Net Premiums Written ......................... 52,570,000 Net Premiums Earned ......................... 50,954,000 Net Claims & Adj Exp .......................... 32,389,000 Commissions ......................................... 9,399,000 Taxes ..................................................... 1,733,000 General Expenses ................................. 4,914,000 Undwrwtg. Profit/Loss........................... 2,871,000 Investment Income ................................ 8,424,000

Underwriting Result 2014: 2011:

+$2,871,000 +$532,000

2013: 2010:

Growth: 0.16% %

Growth Rate (NPW) .................................... 1.78 % of Market (NPW) .................................... 0.12 Earned Loss Ratio .................................... 63.57 Total Expense Ratio ................................. 31.49 Combined Loss & Exp. Ratio ................... 95.06 Return on Equity....................................... 13.97

+$7,386,000 –$3,038,000

2012:

+$6,153,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

SgI CANADA INSURANCE SERVICES LTD.

B-C

Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax:306-525-6040

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

31,436,000 17,809,000 49,245,000 1,000 41,356,000 17,110,000 30,776,000 89,242,000 24,000 82,000 11,534,000 256,000 ——————— 150,384,000 150,218,000 144,245,000 140,650,000 48,749,000

Net Prems Earned

27,666,000 15,065,000 42,731,000 1,000 37,056,000 17,081,000 27,964,000 82,101,000 24,000 70,000 10,065,000 211,000 ——————— 135,203,000 145,597,000 141,647,000 128,504,000 45,400,000

Net Claims Incurred

Claims Ratio

18,769,000 8,164,000 26,933,000

67.84 54.19 63.03

28,332,000 10,126,000 20,469,000 58,927,000 24,000 5,000 3,309,000 469,000 ——————— 89,667,000 97,375,000 81,799,000 91,891,000 28,258,000

76.46 59.28 73.20 71.77 100.00 7.14 32.88 222.27 ————— 66.32 66.88 57.75 71.51 62.24

2014 Direct Premiums Written: +162,419,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 12,035,000 Net Premiums Written ....................... 150,384,000 Net Premiums Earned ....................... 135,203,000 Net Claims & Adj Exp .......................... 89,667,000 Commissions ....................................... 25,975,000 Taxes ..................................................... 4,585,000 General Expenses ............................... 13,684,000 Undwrwtg. Profit/Loss........................... 2,624,000 Investment Income .............................. 15,229,000

Underwriting Result 2014: 2011:

+$2,624,000 –$3,740,000

2013: 2010:

Growth: –1.06% %

Growth Rate (NPW) .................................... 0.11 % of Market (NPW) .................................... 0.34 Earned Loss Ratio .................................... 66.32 Total Expense Ratio ................................. 32.72 Combined Loss & Exp. Ratio ................... 99.04 Return on Equity......................................... 9.02

+$1,502,000 +$1,057,000

2012:

+$14,744,000

SOMPO JAPAN NIPPONKOA INSURANCE INC.

D-F

Bruce Walker, Chief Agent In Canada 1400 - 25 York Street Toronto ON M5J 2V5 416-594-2590 Fax:416-594-3000

Class

Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

2,880,000 2,880,000 855,000 2,000 377,000 1,234,000 68,000 60,000 1,798,000 3,000 694,000 ——————— 6,737,000 5,660,000 5,379,000 5,103,000 5,968,000

Net Prems Earned

2,745,000 2,745,000 776,000 17,000 362,000 1,155,000 69,000 49,000 1,681,000 3,000 617,000 ——————— 6,319,000 5,748,000 5,200,000 5,890,000 5,053,000

Net Claims Incurred

Claims Ratio

927,000 927,000 913,000 –41,000 112,000 984,000

33.77 33.77 117.65 –241.18 30.94 85.19

7,000 –363,000

14.29 –21.59

328,000 ——————— 1,883,000 2,455,000 1,367,000 1,524,000 4,827,000

53.16 ————— 29.80 42.71 26.29 25.87 95.53

2014 Direct Premiums Written: +6,320,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 1,605,000 Reinsurance Ceded ............................... 1,188,000 Net Premiums Written ........................... 6,737,000 Net Premiums Earned ........................... 6,319,000 Net Claims & Adj Exp ............................ 1,883,000 Commissions ............................................ 888,000 Taxes ........................................................ 178,000 General Expenses ................................. 1,975,000 Undwrwtg. Profit/Loss........................... 1,395,000 Investment Income ................................ 1,487,000

Underwriting Result 2014: 2011:

+$1,395,000 +$2,186,000

2013: 2010:

Growth: 27.34% %

Growth Rate (NPW) .................................. 19.03 % of Market (NPW) .................................... 0.02 Earned Loss Ratio .................................... 29.80 Total Expense Ratio ................................. 48.12 Combined Loss & Exp. Ratio ................... 77.92 Return on Equity......................................... 3.17

+$1,231,000 –$1,796,000

2012:

+$1,976,000

SSq, SOCIETE D’ASSURANCES gENERALES INC.

D-C

Gilles Mourette, President & CEO 2515 boulevard Laurier CP 10530, succ. Sainte-Foy Quebec QC G1V 0A5 418-683-0554 Fax:418-683-3669 www.ssqgenerale.com Class

Net Prems Written

84,627,000 3,579,000 88,206,000 52,368,000 1,169,000 72,017,000 125,554,000 –6,000 ——————— 213,754,000 203,094,000 191,925,000 210,240,000 172,356,000

Net Prems Earned

78,299,000 3,307,000 81,606,000 43,693,000 559,000 82,364,000 126,616,000 6,282,000 ——————— 214,504,000 202,513,000 182,512,000 160,777,000 142,358,000

Net Claims Incurred

51,140,000 1,292,000 52,432,000 31,298,000 403,000 52,672,000 84,373,000 3,763,000 ——————— 140,568,000 134,505,000 114,586,000 105,245,000 86,758,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 103

Claims Ratio

65.31 39.07 64.25 71.63 72.09 63.95 66.64 59.90 ————— 65.53 66.42 62.78 65.46 60.94

2014 Direct Premiums Written: +219,550,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. 565,000 Reinsurance Ceded ............................... 6,361,000 Net Premiums Written ....................... 213,754,000 Net Premiums Earned ....................... 214,504,000 Net Claims & Adj Exp ........................ 140,568,000 Commissions ......................................... 7,166,000 Taxes ..................................................... 7,216,000 General Expenses ............................... 50,492,000 Undwrwtg. Profit/Loss........................... 9,062,000 Investment Income ................................ 6,689,000

Underwriting Result 2014: 2011:

+$9,062,000 +$9,105,000

2013: 2010:

Growth: 5.44% %

Growth Rate (NPW) .................................... 5.25 % of Market (NPW) .................................... 0.49 Earned Loss Ratio .................................... 65.53 Total Expense Ratio ................................. 30.24 Combined Loss & Exp. Ratio ................... 95.77 Return on Equity....................................... 11.27

+$6,297,000 +$15,526,000

2012:

+$12,970,000

103

15-06-02 9:58 AM

ThE SOVEREIgN gENERAL INSURANCE COMPANY B-C Kathy Bardswick, President & Chief Executive Officer 130 MacDonell St PO Box 3608 Guelph ON N1H 6P8 519-767-3082 Fax:519-824-0599 Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

7,960,000 113,725,000 121,685,000 30,779,000 7,968,000 21,389,000 60,136,000 3,090,000 343,000 87,678,000 7,645,000 16,240,000 ——————— 296,817,000 285,994,000 260,717,000 253,531,000 227,385,000

Net Prems Earned

15,977,000 113,104,000 129,081,000 29,748,000 8,331,000 19,279,000 57,358,000 1,844,000 429,000 85,546,000 8,100,000 15,738,000 ——————— 298,096,000 276,950,000 256,925,000 233,820,000 212,497,000

Net Claims Incurred

8,575,000 76,629,000 85,204,000 26,058,000 6,240,000 14,513,000 46,811,000 35,000 –32,000 38,051,000 –957,000 11,244,000 ——————— 180,356,000 175,337,000 140,426,000 119,772,000 117,236,000

Claims Ratio

53.67 67.75 66.01 87.60 74.90 75.28 81.61 1.90 –7.46 44.48 –11.81 71.44 ————— 60.50 63.31 54.66 51.22 55.17

2014 Direct Premiums Written: +321,820,000 2014 Underwriting Performance Summary

Reinsurance Assumed........................... 9,431,000 Reinsurance Ceded ............................. 35,098,000 Net Premiums Written ....................... 296,817,000 Net Premiums Earned ....................... 298,096,000 Net Claims & Adj Exp ........................ 180,356,000 Commissions ....................................... 75,000,000 Taxes ................................................... 11,580,000 General Expenses ............................... 35,164,000 Undwrwtg. Profit/Loss........................... 3,069,000 Investment Income .............................. 22,467,000

Underwriting Result 2014: 2011:

+$3,069,000 +$17,440,000

2013: 2010:

Growth: 2.52%

Growth Rate (NPW) .................................... 3.78 % of Market (NPW) .................................... 0.68 Earned Loss Ratio .................................... 60.50 Total Expense Ratio ................................. 40.84 Combined Loss & Exp. Ratio ................. 101.34 Return on Equity......................................... 8.60

–$3,642,000 +$7,315,000

2012:

STATE FARM INSURANCE COMPANY STATE FARM FIRE & CASUALTY COMPANY STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Fidelity .................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

Net Claims Incurred

Claims Ratio

414,690,000 36,381,000 451,071,000

418,808,000 36,149,000 454,957,000

535,694,000 460,461,000 221,529,000 1,217,684,000 12,000 46,548,000 58,000 ——————— 1,715,373,000 1,784,388,000 1,842,450,000 1,931,286,000 1,937,320,000

527,466,000 475,080,000 215,157,000 1,217,703,000 9,000 47,339,000 59,000 ——————— 1,720,067,000 1,804,440,000 1,870,839,000 1,940,465,000 1,905,784,000

248,185,000 23,887,000 272,072,000 2,000 315,259,000 498,547,000 184,283,000 998,089,000

59.26 66.08 59.80 0.00 59.77 104.94 85.65 81.96

32,371,000 41,000 ——————— 1,302,575,000 1,348,672,000 1,447,956,000 2,052,926,000 2,639,080,000

68.38 69.49 ————— 75.73 74.74 77.40 105.80 138.48

D-US

333 First Commerce Dr Aurora ON L4G 8A4 905-750-4620 www.statefarm.ca

2014 Direct Premiums Written: +1,718,248,000 2014 Underwriting Performance Summary

2014: 2011:

–$99,001,000 –$481,778,000

2013: 2010:

Growth: –3.89% %

Reinsurance Assumed........................................... Reinsurance Ceded ............................... 2,875,000 Net Premiums Written .................... 1,715,373,000 Net Premiums Earned .................... 1,720,067,000 Net Claims & Adj Exp ..................... 1,302,575,000 Commissions ..................................... 240,362,000 Taxes ................................................... 68,172,000 General Expenses ............................. 213,018,000 Undwrwtg. Profit/Loss....................... –99,001,000 Investment Income ............................ 256,440,000

Underwriting Result

+$14,464,000

Growth Rate (NPW) .................................. –3.87 % of Market (NPW) .................................... 3.94 Earned Loss Ratio .................................... 75.73 Total Expense Ratio ................................. 30.32 Combined Loss & Exp. Ratio ................. 106.05 Return on Equity......................................... 6.37

+$42,066,000 –$1,267,250,000

2012:

STATE FARM FIRE & CASUALTY COMPANY

+$18,631,000

D-US

333 First Commerce Dr Aurora ON L4G 8A4 905-750-4620 www.statefarm.ca

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Fidelity .................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

Net Claims Incurred

Claims Ratio

414,690,000 36,381,000 451,071,000

418,808,000 36,149,000 454,957,000

248,185,000 23,887,000 272,072,000 2,000

59.26 66.08 59.80 0.00

12,000 46,548,000 58,000 ——————— 497,689,000 506,331,000 501,515,000 505,390,000 496,319,000

9,000 47,339,000 59,000 ——————— 502,364,000 506,208,000 501,285,000 504,283,000 468,863,000

32,371,000 41,000 ——————— 304,486,000 291,869,000 276,448,000 307,457,000 272,583,000

68.38 69.49 ————— 60.61 57.66 55.15 60.97 58.14

2014 Direct Premiums Written: +500,564,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 2,875,000 Net Premiums Written ....................... 497,689,000 Net Premiums Earned ....................... 502,364,000 Net Claims & Adj Exp ........................ 304,486,000 Commissions ..................................... 100,835,000 Taxes ................................................... 26,277,000 General Expenses ............................... 70,777,000 Undwrwtg. Profit/Loss........................... 2,277,000 Investment Income .............................. 38,026,000

Underwriting Result 2014: 2011:

104

70-115_2015 Stat Issue Cdn Underwriters.indd 104

+$2,277,000 +$49,955,000

2013: 2010:

Growth: –1.80% %

Growth Rate (NPW) .................................. –1.71 % of Market (NPW) .................................... 1.14 Earned Loss Ratio .................................... 60.61 Total Expense Ratio ................................. 39.39 Combined Loss & Exp. Ratio ................. 100.00 Return on Equity......................................... 1.46

+$71,917,000 +$55,818,000

2012:

+$82,340,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

ad right

Open minds. Understand risk. â&#x20AC;&#x153;I take a collaborative approach when understanding a risk. Our brokers and accounts have their own set of needs. At Sovereign, I have the ability to be agile and flexible in our underwriting stance. I look at risks and get the full story to see how I can provide a better solution on different levels. Sovereignâ&#x20AC;&#x2122;s Technology and Cyber products challenge the status quo by using an innovative underwriting approach that can be tailored, as risks do not always fit into boxes, and neither should coverage.â&#x20AC;? Ivan Au Underwriting Specialist - Team Lead, Technology & Cyber Direct 416-673-5062 ivan.au@sovgen.com

sovereigngeneral.com

70-115_2015 ad right size.indd Stat Issue 1 Cdn Underwriters.indd 105

15-06-02 15-05-22 9:58 1:54AM PM

STATE FARm mUTUAL AUTomoBILE 333 First Commerce Dr INSURANCE ComPANy Aurora ON L4G 8A4

D-US

905-750-4620 www.statefarm.ca

Class

Net Prems Written

535,694,000 460,461,000 221,529,000 1,217,684,000 ——————— 1,217,684,000 1,278,057,000 1,340,935,000 1,425,896,000 1,440,911,000

Net Prems Earned

527,466,000 475,080,000 215,157,000 1,217,703,000 ——————— 1,217,703,000 1,298,232,000 1,369,554,000 1,436,182,000 1,436,921,000

Net Claims Incurred

315,259,000 498,547,000 184,283,000 998,089,000 ——————— 998,089,000 1,056,803,000 1,171,508,000 1,745,469,000 2,366,497,000

Claims Ratio

59.77 104.94 85.65 81.96 ————— 81.96 81.40 85.54 121.54 164.69

2014 Direct Premiums Written: +1,217,684,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................................... Net Premiums Written .................... 1,217,684,000 Net Premiums Earned .................... 1,217,703,000 Net Claims & Adj Exp ........................ 998,089,000 Commissions ..................................... 139,527,000 Taxes ................................................... 41,895,000 General Expenses ............................. 142,241,000 Undwrwtg. Profit/Loss..................... –101,278,000 Investment Income ............................ 218,414,000

Underwriting Result 2014: 2011:

–$101,278,000 –$531,733,000

2013: 2010:

Growth: –4.72% %

Growth Rate (NPW) .................................. –4.72 % of Market (NPW) .................................... 2.80 Earned Loss Ratio .................................... 81.96 Total Expense Ratio ................................. 26.58 Combined Loss & Exp. Ratio ................. 108.54 Return on Equity......................................... 8.25

–$29,851,000 –$1,323,068,000

2012:

STEWART TITLE GUARANTy ComPANy

–$61,027,000

D-US

Royal Bank Plaza, North Tower 200 Bay St, Suite 2600 Toronto ON M5J 2J2 416-307-3300 Fax:416-307-3305 www.stewart.ca

Class

Title ......................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

95,066,000 ——————— 95,066,000 91,548,000 91,741,000 79,852,000 75,971,000

Net Prems Earned

95,066,000 ——————— 95,066,000 91,548,000 91,741,000 79,852,000 75,971,000

Net Claims Incurred

28,875,000 ——————— 28,875,000 17,695,000 14,385,000 16,934,000 22,624,000

Claims Ratio

30.37 ————— 30.37 19.33 15.68 21.21 29.78

2014 Direct Premiums Written: +95,066,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................................... Net Premiums Written ......................... 95,066,000 Net Premiums Earned ......................... 95,066,000 Net Claims & Adj Exp .......................... 28,875,000 Commissions ......................................................... Taxes ..................................................... 2,972,000 General Expenses ............................... 49,763,000 Undwrwtg. Profit/Loss......................... 13,456,000 Investment Income ................................ 3,242,000

Underwriting Result 2014: 2011:

+$13,456,000 +$21,629,000

2013: 2010:

Growth: 3.84% %

Growth Rate (NPW) .................................... 3.84 % of Market (NPW) .................................... 0.22 Earned Loss Ratio .................................... 30.37 Total Expense Ratio ................................. 55.47 Combined Loss & Exp. Ratio ................... 85.84 Return on Equity....................................... 14.50

+$22,343,000 +$13,491,000

2012:

TD INSURANCE, GENERAL INSURANCE SECURITy NATIoNAL INSURANCE ComPANy PRImmUm INSURANCE ComPANy TD GENERAL INSURANCE ComPANy TD DIRECT INSURANCE INC TD HomE AND AUTo INSURANCE ComPANy

Class

Prop. - Personal ..................... Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

854,430,000 854,430,000 1,069,337,000 457,315,000 522,024,000 2,048,676,000 12,089,000 ——————— 2,915,195,000 2,839,453,000 2,646,002,000 2,519,036,000 2,323,947,000

Net Prems Earned

810,342,000 810,342,000 1,032,887,000 494,568,000 511,950,000 2,039,405,000 12,089,000 ——————— 2,861,836,000 2,730,375,000 2,563,041,000 2,417,427,000 2,200,681,000

Net Claims Incurred

457,239,000 457,239,000 825,645,000 645,905,000 461,504,000 1,933,054,000 9,031,000 ——————— 2,399,324,000 2,645,221,000 2,103,351,000 1,851,146,000 1,771,204,000

Claims Ratio

56.43 56.43 79.94 130.60 90.15 94.79 74.70 ————— 83.84 96.88 82.06 76.58 80.48

Reinsurance Assumed........................................... Reinsurance Ceded ............................. 91,054,000 Net Premiums Written .................... 2,915,195,000 Net Premiums Earned .................... 2,861,836,000 Net Claims & Adj Exp ..................... 2,399,324,000 Commissions ..................................... 343,098,000 Taxes ................................................... 93,557,000 General Expenses ............................. 315,769,000 Undwrwtg. Profit/Loss..................... –289,912,000 Investment Income ............................ 180,439,000 2014: 2011:

106

70-115_2015 Stat Issue Cdn Underwriters.indd 106

B-C

Kenneth W Lalonde, President & Chief Executive Officer 50 Place Cremazie Montréal QC H2P 1B6 www.tdinsurance.com service@tdinsurance.com

2014 Direct Premiums Written: +3,006,249,000 2014 Underwriting Performance Summary

Underwriting Result

–$289,912,000 +$14,564,000

+$26,439,000

2013: 2010:

Growth: 3.33% %

Growth Rate (NPW) .................................... 2.67 % of Market (NPW) .................................... 6.69 Earned Loss Ratio .................................... 83.84 Total Expense Ratio ................................. 26.29 Combined Loss & Exp. Ratio ................. 110.13 Return on Equity....................................... 10.09

–$624,762,000 –$65,268,000

2012:

–$152,509,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-03 12:07 PM

TEMPLE INSURANCE COMPANY

D-C

Philipp Wassenberg, President & Chief Executive Officer 390 Bay St., 22nd Floor Toronto ON M5H 2Y2 416-364-2851 Fax:416-361-1163 www.templeinsurance.ca Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto - Total ............................ Boiler/Mach-excld .................. Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

32,371,000 32,371,000 2,000 3,000 3,000 –13,000 72,880,000

30,838,000 30,838,000 2,000 3,000 3,000 –43,000 72,821,000

——————— 105,243,000 102,198,000 100,115,000 92,320,000 103,666,000

——————— 103,621,000 102,425,000 99,225,000 98,044,000 105,946,000

Net Claims Incurred

19,077,000 19,077,000 –5,000 –12,000 –12,000 161,000 46,374,000 –27,000 –1,000 –3,000 ——————— 65,564,000 68,541,000 60,767,000 66,624,000 59,212,000

Claims Ratio

61.86 61.86 –250.00 –400.00 –400.00 –374.42 63.68 0.00 0.00 0.00 ————— 63.27 66.92 61.24 67.95 55.89

2014 Direct Premiums Written: +182,206,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. 135,000 Reinsurance Ceded ............................. 77,098,000 Net Premiums Written ....................... 105,243,000 Net Premiums Earned ....................... 103,621,000 Net Claims & Adj Exp .......................... 65,564,000 Commissions ....................................... 23,981,000 Taxes ..................................................... 5,714,000 General Expenses ............................... 10,747,000 Undwrwtg. Profit/Loss......................... –2,385,000 Investment Income .............................. 16,621,000

Underwriting Result 2014: 2011:

–$2,385,000 –$7,803,000

2013: 2010:

Growth: 3.99% %

Growth Rate (NPW) .................................... 2.98 % of Market (NPW) .................................... 0.24 Earned Loss Ratio .................................... 63.27 Total Expense Ratio ................................. 39.03 Combined Loss & Exp. Ratio ................. 102.30 Return on Equity......................................... 7.47

+$247,000 –$136,000

2012:

+$1,327,000

TOKIO MARINE & NIChIDO FIRE INSURANCE CO., LTD. Craig Pinnock, Chief Agent

B-F

105 Adelaide St. W., P.O. Box 219A Toronto ON M5H 1P9 416-350-4400 Fax:416-350-4412

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

246,000 13,875,000 14,121,000 6,002,000 3,587,000 1,800,000 1,947,000 7,334,000 276,000 75,000 3,722,000 762,000 ——————— 32,292,000 29,422,000 27,303,000 25,460,000 26,081,000

Net Prems Earned

244,000 11,598,000 11,842,000 5,996,000 3,565,000 1,858,000 1,939,000 7,362,000 283,000 106,000 3,633,000 740,000 ——————— 29,962,000 28,004,000 27,534,000 24,680,000 25,416,000

Net Claims Incurred

Claims Ratio

19,000 2,098,000 2,117,000 5,042,000 2,511,000 970,000 1,349,000 4,830,000

7.79 18.09 17.88 84.09 70.43 52.21 69.57 65.61

–46,000 1,521,000 493,000 ——————— 13,957,000 13,900,000 13,596,000 12,129,000 19,411,000

–43.40 41.87 66.62 ————— 46.58 49.64 49.38 49.15 76.37

2014 Direct Premiums Written: +30,338,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 8,674,000 Reinsurance Ceded ............................... 6,902,000 Net Premiums Written ......................... 32,292,000 Net Premiums Earned ......................... 29,962,000 Net Claims & Adj Exp .......................... 13,957,000 Commissions ......................................... 3,943,000 Taxes ........................................................ 848,000 General Expenses ................................. 5,861,000 Undwrwtg. Profit/Loss........................... 5,414,000 Investment Income ................................ 1,720,000

Underwriting Result 2014: 2011:

+$5,414,000 +$3,717,000

2013: 2010:

Growth: 12.73% %

Growth Rate (NPW) .................................... 9.75 % of Market (NPW) .................................... 0.07 Earned Loss Ratio .................................... 46.58 Total Expense Ratio ................................. 35.55 Combined Loss & Exp. Ratio ................... 82.13 Return on Equity......................................... 4.03

+$4,281,000 –$3,419,000

2012:

+$4,058,000

TRAVELERS CANADA ThE DOMINION OF CANADA gENERAL INSURANCE COMPANY ST. PAUL FIRE & MARINE INSURANCE COMPANY TRAVELERS INSURANCE COMPANY OF CANADA

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Title ......................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

288,883,000 149,706,000 438,589,000

288,700,000 152,451,000 441,151,000

370,790,000 198,720,000 183,213,000 752,723,000 2,413,000 9,666,000 162,691,000 72,898,000

376,023,000 219,190,000 195,994,000 791,207,000 2,459,000 9,695,000 163,967,000 66,797,000

13,607,000 ——————— 1,452,587,000 1,441,421,000 1,474,758,000 1,509,113,000 1,524,656,000

14,717,000 ——————— 1,489,993,000 1,448,864,000 1,491,918,000 1,521,057,000 1,521,321,000

Net Claims Incurred

174,786,000 113,497,000 288,283,000 –1,000 330,300,000 159,007,000 126,404,000 615,711,000 1,456,000 6,285,000 75,839,000 6,691,000 33,000 7,524,000 ——————— 1,001,821,000 958,573,000 967,325,000 1,058,424,000 1,017,913,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

70-115_2015 Stat Issue Cdn Underwriters.indd 107

Claims Ratio

60.54 74.45 65.35 0.00 87.84 72.54 64.49 77.82 59.21 64.83 46.25 10.02 0.00 51.12 ————— 67.24 66.16 64.84 69.58 66.91

B-C Brigid Murphy, President & Chief Executive Officer 165 University Ave Toronto ON M5H 3B9 416-362-7231 Fax:416-362-9918 www.travelerscanada.ca

2014 Direct Premiums Written: +1,570,650,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 10,804,000 Reinsurance Ceded ........................... 128,876,000 Net Premiums Written .................... 1,452,587,000 Net Premiums Earned .................... 1,489,993,000 Net Claims & Adj Exp ..................... 1,001,821,000 Commissions ..................................... 264,938,000 Taxes ................................................... 52,344,000 General Expenses ............................. 232,533,000 Undwrwtg. Profit/Loss....................... –45,754,000 Investment Income ............................ 118,387,000

Underwriting Result 2014: 2011:

–$45,754,000 –$36,684,000

2013: 2010:

Growth: 412.21% %

Growth Rate (NPW) ................................ 463.45 % of Market (NPW) .................................... 3.16 Earned Loss Ratio .................................... 67.24 Total Expense Ratio ................................. 36.90 Combined Loss & Exp. Ratio ................. 104.14 Return on Equity......................................... 3.56

–$44,506,000 +$22,104,000

2012:

+$8,606,000

107

15-06-02 9:58 AM

TRISURA GUARANTEE INSURANCE COMPANY

B-C

Michael George, President & Chief Executive Officer Bay Adelaide Centre 333 Bay St, Suite 1610, Box 22 Toronto ON M5H 2R2 416-214-2555 www.trisura.com

Class

Prop. - Commercial ................ Prop - Total ........................... Boiler/Mach-excld .................. Boiler/Mach-equip .................. Fidelity .................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

287,000 287,000 442,000 16,445,000 2,140,000 17,982,000 26,127,000 ——————— 63,423,000 55,502,000 46,334,000 39,531,000 31,978,000

Net Prems Earned

247,000 247,000 442,000 10,809,000 2,075,000 17,473,000 24,455,000 ——————— 55,501,000 47,881,000 40,612,000 33,326,000 28,385,000

Net Claims Incurred

85,000 85,000 33,000 4,206,000 –515,000 3,500,000 2,344,000 ——————— 9,653,000 11,146,000 11,651,000 8,802,000 4,511,000

Claims Ratio

34.41 34.41 7.47 38.91 –24.82 20.03 9.58 ————— 17.39 23.28 28.69 26.41 15.89

2014 Direct Premiums Written: +90,620,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. 219,000 Reinsurance Ceded ............................. 27,719,000 Net Premiums Written ......................... 63,423,000 Net Premiums Earned ......................... 55,501,000 Net Claims & Adj Exp ............................ 9,653,000 Commissions ....................................... 17,326,000 Taxes ..................................................... 2,663,000 General Expenses ............................... 19,879,000 Undwrwtg. Profit/Loss........................... 7,857,000 Investment Income ................................ 2,936,000

Underwriting Result 2014: 2011:

+$7,857,000 +$4,794,000

TRITON INSURANCE

Class

Prop. - Personal ..................... Prop - Total ........................... Fidelity .................................... Liability ................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

8,896,000 8,896,000 34,000 27,515,000 ——————— 36,445,000 40,874,000 44,424,000 25,514,000 8,972,000

Net Prems Earned

10,592,000 10,592,000 34,000 28,309,000 ——————— 38,935,000 41,100,000 43,564,000 41,415,000 41,494,000

Net Claims Incurred

Claims Ratio

1,777,000 1,777,000

16.78 16.78

11,000 6,663,000 ——————— 8,451,000 8,122,000 9,303,000 9,575,000 11,254,000

0.00 23.54 ————— 21.71 19.76 21.35 23.12 27.12

2013: 2010:

Growth: 15.04% %

Growth Rate (NPW) .................................. 14.27 % of Market (NPW) .................................... 0.15 Earned Loss Ratio .................................... 17.39 Total Expense Ratio ................................. 71.83 Combined Loss & Exp. Ratio ................... 89.22 Return on Equity....................................... 14.27

+$5,768,000 +$5,530,000

2012:

D-F

Henryka Anderson, Chief Agent 355 Wellington St London ON N6A 3N7 519-680-4738 Fax:866-897-8985

2014 Direct Premiums Written: +36,445,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................................... Net Premiums Written ......................... 36,445,000 Net Premiums Earned ......................... 38,935,000 Net Claims & Adj Exp ............................ 8,451,000 Commissions .............................................. 12,000 Taxes ........................................................ 919,000 General Expenses ................................. 4,239,000 Undwrwtg. Profit/Loss......................... 25,314,000 Investment Income ................................ 5,200,000

Underwriting Result 2014: 2011:

+$25,314,000 +$27,777,000

2013: 2010:

+$4,502,000

Growth: –10.84% %

Growth Rate (NPW) ................................ –10.84 % of Market (NPW) .................................... 0.08 Earned Loss Ratio .................................... 21.71 Total Expense Ratio ................................. 13.28 Combined Loss & Exp. Ratio ................... 34.99 Return on Equity....................................... 21.32

+$27,239,000 +$22,053,000

2012:

UNICA INSURANCE INC.

+$28,420,000

B-C Martin Delage, President & COO 7150 Derrycrest Dr Mississauga ON L5W 0E5 905-677-9777 Fax:905-795-0887

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Legal Expense ........................ Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

29,073,000 9,357,000 38,430,000 30,739,000 7,736,000 24,992,000 63,467,000 663,000 4,130,000 953,000 ——————— 107,643,000 93,495,000 88,030,000 107,126,000 137,598,000

108

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Net Prems Earned

27,959,000 8,168,000 36,127,000 27,823,000 8,252,000 30,103,000 66,178,000 663,000 3,256,000 953,000 ——————— 107,177,000 96,787,000 97,920,000 125,601,000 123,549,000

Net Claims Incurred

18,090,000 5,058,000 23,148,000 16,072,000 6,360,000 21,626,000 44,058,000 406,000 2,900,000 1,302,000 ——————— 71,814,000 64,828,000 59,823,000 86,055,000 95,467,000

Claims Ratio

64.70 61.92 64.07 57.77 77.07 71.84 66.57 61.24 89.07 136.62 ————— 67.01 66.98 61.09 68.51 77.27

2014 Direct Premiums Written: +114,700,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 74,719,000 Reinsurance Ceded ............................. 81,776,000 Net Premiums Written ....................... 107,643,000 Net Premiums Earned ....................... 107,177,000 Net Claims & Adj Exp .......................... 71,814,000 Commissions ....................................... 18,982,000 Taxes ..................................................... 3,353,000 General Expenses ............................... 15,880,000 Undwrwtg. Profit/Loss............................ –480,000 Investment Income .............................. 13,283,000

Underwriting Result 2014: 2011:

–$480,000 –$4,260,000

2013: 2010:

Growth: 13.22% %

Growth Rate (NPW) .................................. 15.13 % of Market (NPW) .................................... 0.25 Earned Loss Ratio .................................... 67.01 Total Expense Ratio ................................. 35.66 Combined Loss & Exp. Ratio ................. 102.67 Return on Equity....................................... 10.14

–$3,084,000 –$7,132,000

2012:

+$4,084,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-03 12:07 PM

Markete

The Brokerâ&#x20AC;&#x2122;s Source for Specialty, Niche & Non-Standard Risk since 1973!

Search the Marketer Online at: InsuranceMarketer.com Order Extra Copies of Print Edition (published July): http://bit.ly/marketerorder For more than 40 years, Canadian Underwriter magazineâ&#x20AC;&#x2122;s Insurance Marketer has been the trusted source to assist insurance brokers in finding a market for the most unique risks. 70-115_2015 Stat Cdn Underwriters.indd 109 Marketer 2015 fullIssue page.indd 1

15-06-02 12:31 9:58 AM 15-05-25 PM

L’UNIqUE COMPAgNIE D’ASSURANCES B-C gENERALES Mario Cusson, President et chef de l’exploitation 625 Saint-Amable Québec QC G1R 2G5 418-683-2711 Fax:418-688-9684 mario.cusson@lunique.qc.ca

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Legal Expense ........................ Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

52,195,000 18,617,000 70,812,000 41,231,000 5,100,000 51,549,000 97,880,000 988,000 3,600,000 2,573,000 ——————— 175,853,000 157,494,000 141,302,000 123,386,000 111,782,000

Net Prems Earned

46,333,000 16,387,000 62,720,000 37,971,000 4,979,000 46,744,000 89,694,000 988,000 3,253,000 3,110,000 ——————— 159,765,000 142,897,000 126,227,000 111,426,000 106,834,000

Net Claims Incurred

30,296,000 9,415,000 39,711,000 20,160,000 3,588,000 33,091,000 56,839,000 594,000 3,459,000 2,555,000 ——————— 103,158,000 92,660,000 74,791,000 64,742,000 65,404,000

Claims Ratio

65.39 57.45 63.31 53.09 72.06 70.79 63.37 60.12 106.33 82.15 ————— 64.57 64.84 59.25 58.10 61.22

2014 Direct Premiums Written: +184,772,000 2014 Underwriting Performance Summary

Reinsurance Assumed....................... 103,688,000 Reinsurance Ceded ........................... 112,607,000 Net Premiums Written ....................... 175,853,000 Net Premiums Earned ....................... 159,765,000 Net Claims & Adj Exp ........................ 103,158,000 Commissions ....................................... 27,487,000 Taxes ..................................................... 5,615,000 General Expenses ............................... 25,562,000 Undwrwtg. Profit/Loss........................... 1,081,000 Investment Income ................................ 7,026,000

Underwriting Result 2014: 2011:

+$1,081,000 +$6,532,000

Growth: 12.23%

Growth Rate (NPW) .................................. 11.66 % of Market (NPW) .................................... 0.40 Earned Loss Ratio .................................... 64.57 Total Expense Ratio ................................. 36.72 Combined Loss & Exp. Ratio ................. 101.29 Return on Equity....................................... 10.58

2013: 2010:

–$2,134,000 +$4,034,000

2012:

+$6,278,000

ThE WAWANESA MUTUAL INSURANCE COMPANY

B-C

S Jeffrey Goy, President & Chief Executive Officer 191 Broadway Winnipeg MB R3C 3P1 204-985-3923 Fax:204-942-7724 www.wawanesa.com

Class

Net Prems Written

771,011,000 157,651,000 928,662,000 546,700,000 171,827,000 380,687,000 1,099,214,000 –2,000 42,404,000 ——————— 2,070,278,000 2,027,851,000 2,083,019,000 2,002,286,000 1,883,107,000

Net Prems Earned

748,283,000 146,415,000 894,698,000 546,290,000 185,878,000 378,250,000 1,110,418,000 –3,000 40,741,000 ——————— 2,045,854,000 2,030,244,000 2,039,766,000 1,930,568,000 1,789,221,000

Net Claims Incurred

568,802,000 111,872,000 680,674,000 440,981,000 169,441,000 272,128,000 882,550,000 24,000 20,776,000 ——————— 1,584,024,000 1,537,650,000 1,501,258,000 1,485,946,000 1,347,593,000

Claims Ratio

76.01 76.41 76.08 80.72 91.16 71.94 79.48 –800.00 51.00 ————— 77.43 75.74 73.60 76.97 75.32

2014 Direct Premiums Written: +2,192,527,000 2014 Underwriting Performance Summary

Reinsurance Assumed........................................... Reinsurance Ceded ........................... 122,249,000 Net Premiums Written .................... 2,070,278,000 Net Premiums Earned .................... 2,045,854,000 Net Claims & Adj Exp ..................... 1,584,024,000 Commissions ..................................... 374,540,000 Taxes ................................................... 74,153,000 General Expenses ............................. 156,906,000 Undwrwtg. Profit/Loss..................... –111,738,000 Investment Income ............................ 303,846,000

Underwriting Result 2014: 2011:

–$111,738,000 –$75,726,000

2013: 2010:

Growth: 1.92%

Growth Rate (NPW) .................................... 2.09 % of Market (NPW) .................................... 4.75 Earned Loss Ratio .................................... 77.43 Total Expense Ratio ................................. 29.60 Combined Loss & Exp. Ratio ................. 107.03 Return on Equity......................................... 5.60

–$92,814,000 –$40,078,000

2012:

–$36,735,000

WESTERN FINANCIAL INSURANCE

D-C

Rod Cunniam, President and Chief Operating Officer 300-600 Empress St Winnipeg MB R3G 0R5 204-942-2999 Fax: 866-322-5246 www.westernfic.com

Class

Prop. - Personal ..................... Prop - Total ........................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011...............................

Net Prems Written

48,979,000 48,979,000 ——————— 48,979,000 46,008,000 41,747,000 39,825,000

Net Prems Earned

48,864,000 48,864,000 ——————— 48,864,000 45,833,000 41,334,000 38,820,000

Net Claims Incurred

27,695,000 27,695,000 ——————— 27,695,000 25,922,000 22,480,000 19,627,000

Claims Ratio

56.68 56.68 ————— 56.68 56.56 54.39 50.56

2014 Direct Premiums Written: +48,979,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................................... Net Premiums Written ......................... 48,979,000 Net Premiums Earned ......................... 48,864,000 Net Claims & Adj Exp .......................... 27,695,000 Commissions ......................................... 1,434,000 Taxes ..................................................... 2,453,000 General Expenses ............................... 15,534,000 Undwrwtg. Profit/Loss........................... 2,560,000 Investment Income ................................... 455,000

Underwriting Result 2014: 2011:

110

70-115_2015 Stat Issue Cdn Underwriters.indd 110

+$2,560,000 +$3,802,000

2013:

Growth: 6.46% %

Growth Rate (NPW) .................................... 6.46 % of Market (NPW) .................................... 0.11 Earned Loss Ratio .................................... 56.68 Total Expense Ratio ................................. 39.75 Combined Loss & Exp. Ratio ................... 96.43 Return on Equity......................................... 9.60

+$2,062,000

2012:

+$2,436,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-02 9:58 AM

Contractor’s Choice Insurance for good measure Introducing our new Contractor’s Choice packages, customized and enhanced to fit contractors of every size. Contact your Wawanesa Insurance representative to learn about our innovative solutions.

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70-115_2015 Stat Issue Cdn Underwriters.indd 111

BUSINESS

FARM

LIFE AND GROUP

15-06-02 9:58 AM

WESTERN SURETY COMPANY

D-C

Scott W Donald, President & Chief Executive Officer 2100-1881 Scarth St Regina SK S4P 4K9 306-791-3735 Fax:306-359-0929 www.westernsurety.ca sdonald@westernsurety.ca Class

Fidelity .................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

7,000 13,662,000 ——————— 13,669,000 13,500,000 13,038,000 13,340,000 13,910,000

Net Prems Earned

5,000 14,511,000 ——————— 14,516,000 13,297,000 13,204,000 13,131,000 12,961,000

Net Claims Incurred

2,315,000 ——————— 2,315,000 2,764,000 106,000 –50,000 5,226,000

Claims Ratio

15.95 ————— 15.95 20.79 0.80 –0.38 40.32

2014 Direct Premiums Written: +23,639,000 2014 Underwriting Performance Summary Reinsurance Assumed.............................. 191,000 Reinsurance Ceded ............................. 10,161,000 Net Premiums Written ......................... 13,669,000 Net Premiums Earned ......................... 14,516,000 Net Claims & Adj Exp ............................ 2,315,000 Commissions ....................................... 17,692,000 Taxes ........................................................ 557,000 General Expenses ................................. 1,916,000 Undwrwtg. Profit/Loss.............................. 246,000 Investment Income ................................ 1,232,000

Underwriting Result 2014: 2011:

+$246,000 +$2,495,000

2013: 2010:

Growth: –2.27% %

Growth Rate (NPW) .................................... 1.25 % of Market (NPW) .................................... 0.03 Earned Loss Ratio .................................... 15.95 Total Expense Ratio ............................... 138.92 Combined Loss & Exp. Ratio ................. 154.87 Return on Equity......................................... 5.25

–$55,000 –$2,406,000

2012:

+$3,223,000

WYNWARD INSURANCE GROUP

B-C

Darryl Levy, President & Chief Executive Officer 1240 One Lombard Place Winnipeg MB R3B 0V9 204-943-0721 Fax:204-943-6419 www.wynward.com

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

7,709,000 43,431,000 51,140,000 1,575,000 1,000 16,596,000 135,000 ——————— 69,447,000 58,090,000 50,748,000 45,863,000 42,427,000

Net Prems Earned

8,413,000 37,434,000 45,847,000 1,654,000 22,000 15,334,000 174,000 ——————— 63,031,000 54,203,000 46,606,000 44,167,000 41,859,000

Net Claims Incurred

4,576,000 30,899,000 35,475,000 223,000 –6,000 3,657,000 –7,000 ——————— 39,342,000 28,499,000 19,827,000 21,895,000 19,932,000

Claims Ratio

54.39 82.54 77.38 13.48 –27.27 23.85 –4.02 ————— 62.42 52.58 42.54 49.57 47.62

2014 Direct Premiums Written: +86,466,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................. 17,019,000 Net Premiums Written ......................... 69,447,000 Net Premiums Earned ......................... 63,031,000 Net Claims & Adj Exp .......................... 39,342,000 Commissions ....................................... 13,740,000 Taxes ..................................................... 3,196,000 General Expenses ................................. 9,820,000 Undwrwtg. Profit/Loss......................... –3,067,000 Investment Income .............................. 12,123,000

Underwriting Result 2014: 2011:

–$3,067,000 +$2,397,000

2013: 2010:

Growth: 13.17% %

Growth Rate (NPW) .................................. 19.55 % of Market (NPW) .................................... 0.16 Earned Loss Ratio .................................... 62.42 Total Expense Ratio ................................. 42.45 Combined Loss & Exp. Ratio ................. 104.87 Return on Equity....................................... 17.46

+$1,232,000 +$3,139,000

2012:

+$4,577,000

XL INSURANCE COMPANY SE

B-UK

Cindy Guyatt, Country Manager & Chief Agent 100 Yonge St, Suite 1802 Toronto ON M5C 2W1 416-928-8561 Fax:416-928-8858 www.xlinsurance

Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto - Total ............................ Boiler/Mach-excld .................. Boiler/Mach-equip .................. Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

29,567,000 29,567,000 6,981,000 1,223,000 1,223,000 55,064,000 87,000 1,320,000 ——————— 94,242,000 90,246,000 90,416,000 73,717,000 86,536,000

112

70-115_2015 Stat Issue Cdn Underwriters.indd 112

Net Prems Earned

22,734,000 22,734,000 7,175,000 1,239,000 1,239,000 –7,000 –27,000 55,100,000 50,000 1,627,000 ——————— 87,891,000 90,127,000 91,100,000 87,938,000 83,118,000

Net Claims Incurred

4,802,000 4,802,000 3,043,000 1,058,000 1,058,000 –95,000 –415,000 30,355,000 –10,000 1,613,000 ——————— 40,351,000 93,695,000 58,925,000 49,496,000 49,640,000

Claims Ratio

21.12 21.12 42.41 85.39 85.39 1,357.14 1,537.04 55.09 –20.00 99.14 ————— 45.91 103.96 64.68 56.29 59.72

2014 Direct Premiums Written: +142,861,000 2014 Underwriting Performance Summary Reinsurance Assumed........................... 1,698,000 Reinsurance Ceded ............................. 50,317,000 Net Premiums Written ......................... 94,242,000 Net Premiums Earned ......................... 87,891,000 Net Claims & Adj Exp .......................... 40,351,000 Commissions ......................................... 4,333,000 Taxes ..................................................... 4,988,000 General Expenses ............................... 24,848,000 Undwrwtg. Profit/Loss......................... 13,241,000 Investment Income .............................. 10,832,000

Underwriting Result 2014: 2011:

+$13,241,000 +$9,180,000

2013: 2010:

Growth: 13.94% %

Growth Rate (NPW) .................................... 4.43 % of Market (NPW) .................................... 0.22 Earned Loss Ratio .................................... 45.91 Total Expense Ratio ................................. 38.88 Combined Loss & Exp. Ratio ................... 84.79 Return on Equity......................................... 7.61

–$40,556,000 +$4,658,000

2012:

–$1,347,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-03 12:07 PM

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14-06-02 2:29 PM 15-06-02 9:58 AM

ZURICH INSURANCE COMPANY LTD Patrick Lundy, President (CANADIAN BRANCH) First Canadian Place

B-F

100 King St W, Suite 5500 Toronto ON M5X 1C9 416-586-3000 Fax:416-586-2990 www.zurichcanada.com Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Other Apprvd. Prod. ............... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

278,908,000 278,908,000

277,471,000 277,471,000

108,373,000 24,663,000 49,349,000 182,385,000 17,565,000 1,307,000 256,852,000 –3,000 1,000 6,748,000 960,000 ——————— 744,723,000 693,440,000 641,825,000 649,716,000 651,336,000

114

70-115_2015 Stat Issue Cdn Underwriters.indd 114

106,207,000 22,695,000 47,440,000 176,342,000 18,251,000 1,286,000 245,218,000 186,000 11,000 6,666,000 960,000 ——————— 726,391,000 679,917,000 641,342,000 639,906,000 644,229,000

Net Claims Incurred

230,323,000 230,323,000 85,000 182,185,000 10,802,000 33,800,000 226,787,000 15,867,000 –737,000 324,979,000 17,000 –102,000 5,641,000 –76,000 ——————— 802,784,000 497,381,000 426,831,000 376,132,000 461,501,000

Claims Ratio

83.01 83.01 0.00 171.54 47.60 71.25 128.61 86.94 –57.31 132.53 9.14 –927.27 84.62 –7.92 ————— 110.52 73.15 66.55 58.78 71.64

2014 Direct Premiums Written: +978,678,000 2014 Underwriting Performance Summary Reinsurance Assumed....................... 227,364,000 Reinsurance Ceded ........................... 470,902,000 Net Premiums Written ....................... 744,723,000 Net Premiums Earned ....................... 726,391,000 Net Claims & Adj Exp ........................ 802,784,000 Commissions ....................................... 62,954,000 Taxes ................................................... 18,632,000 General Expenses ............................. 113,725,000 Undwrwtg. Profit/Loss..................... –256,462,000 Investment Income .............................. 67,797,000

Underwriting Result 2014: 2011:

–$256,462,000 +$89,987,000

2013: 2010:

Growth: 6.79% %

Growth Rate (NPW) .................................... 7.40 % of Market (NPW) .................................... 1.71 Earned Loss Ratio .................................. 110.52 Total Expense Ratio ................................. 26.89 Combined Loss & Exp. Ratio ................. 137.41 Return on Equity..................................... –19.57

+$11,203,000 +$7,793,000

2012:

+$22,411,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-03 2:33 PM

70-115_2015 Stat Issue Cdn Underwriters.indd 115

15-06-02 9:58 AM

2014 REINSURANCE CoMPANIES RESULTS ALEA (BERMUDA) LTD

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto - Total ............................ Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

23,000 12,000 35,000 7,000 7,000 8,000 ——————— 50,000 62,000 44,000 4,000 22,000

Net Prems Earned

23,000 12,000 35,000 7,000 7,000 8,000 ——————— 50,000 63,000 45,000 7,000 24,000

Net Claims Incurred

–65,000 4,000 –61,000 –3,085,000 –3,085,000 –106,000 ——————— –3,252,000 –297,000 267,000 –214,000 –500,000

Claims Ratio

–282.61 33.33 –174.29 –44,071.43 –44,071.43 –1,325.00 ————— –6,504.00 –471.43 593.33 –3,057.14 –2,083.33

R-F

H. Steven Frye, Chief Agent 200 University Ave, 14th Floor Toronto ON M5H 3C6 416-368-7790, Ext 234 Fax:416-368-0886 sfrye@cwcagroup.com

2014 Underwriting Performance Summary Reinsurance Assumed................................ 50,000 Reinsurance Ceded ............................................... Net Premiums Written ................................ 50,000 Net Premiums Earned ................................ 50,000 Net Claims & Adj Exp .......................... –3,252,000 Commissions ................................................ 3,000 Taxes ..................................................................... General Expenses .................................... 370,000 Undwrwtg. Profit/Loss........................... 2,929,000 Investment Income ................................... 691,000

Underwriting Result 2014: 2011:

+$2,929,000 –$203,000

2013: 2010:

Growth Rate (NPW) ................................ –19.35 % of Market (NPW) .................................... 0.00 Earned Loss Ratio ............................. –6,504.00 Total Expense Ratio ............................... 746.00 Combined Loss & Exp. Ratio ............ –5,758.00 Return on Equity....................................... 17.95

+$10,000 +$105,000

2012:

ASPEN INSURANCE UK LIMITED

–$578,000

R-UK

Scotia Plaza 2100 40 King St W Toronto ON M5H 3C2

Class

Net Prems Written

6,843,000 6,843,000 –530,000 124,000 124,000 6,066,000 –13,000 132,000 ——————— 12,622,000 12,053,000 9,013,000 30,810,000 49,252,000

Net Prems Earned

3,560,000 3,560,000 265,000 138,000 138,000 9,168,000 56,000 135,000 ——————— 13,322,000 11,854,000 8,397,000 34,048,000 54,045,000

Net Claims Incurred

4,226,000 4,226,000 145,000 –451,000 –451,000 5,661,000 352,000 –7,000 ——————— 9,926,000 1,753,000 8,546,000 26,754,000 34,650,000

Claims Ratio

118.71 118.71 54.72 –326.81 –326.81 61.75 628.57 –5.19 ————— 74.51 14.79 101.77 78.58 64.11

2014 Direct Premiums Written: +20,593,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 19,146,000 Reinsurance Ceded ............................. 27,117,000 Net Premiums Written ......................... 12,622,000 Net Premiums Earned ......................... 13,322,000 Net Claims & Adj Exp ............................ 9,926,000 Commissions .......................................... –685,000 Taxes ........................................................ 474,000 General Expenses ................................. 1,860,000 Undwrwtg. Profit/Loss........................... 2,824,000 Investment Income ................................ 4,654,000

Underwriting Result 2014: 2011:

+$2,824,000 –$2,037,000

2013: 2010:

Growth: –16.46% %

Growth Rate (NPW) .................................... 4.72 % of Market (NPW) .................................... 0.03 Earned Loss Ratio .................................... 74.51 Total Expense Ratio ................................. 12.38 Combined Loss & Exp. Ratio ................... 86.89 Return on Equity....................................... –0.57

+$5,038,000 +$3,210,000

2012:

CAISSE CENTRALE DE REASSURANCE

–$6,751,000

Pierre Dionne, Senior Vice President & Chief Agent 150 York St., Suite 1010 Toronto ON M5H 3S5 416-644-0821 Fax:416-644-0822 www.ccr.fr pdionne@ccr.fr

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

9,710,000 9,841,000 19,551,000

9,485,000 9,786,000 19,271,000

4,453,000 2,924,000 2,337,000 9,714,000 363,000 341,000 8,533,000 2,507,000 231,000 ——————— 41,240,000 39,467,000 48,931,000 50,183,000 47,990,000

4,555,000 2,937,000 2,442,000 9,934,000 363,000 341,000 7,739,000 2,364,000 231,000 ——————— 40,243,000 42,949,000 50,868,000 52,656,000 47,407,000

116

116-129_2015 Stat Issue Reinsurance.indd 116

Net Claims Incurred

1,273,000 5,767,000 7,040,000 –66,000 –1,985,000 1,838,000 89,000 –58,000 35,000 –18,000 10,011,000 2,777,000 116,000 ——————— 19,837,000 32,406,000 36,819,000 44,794,000 29,813,000

Claims Ratio

13.42 58.93 36.53 0.00 –43.58 62.58 3.64 –0.58 9.64 –5.28 129.36 117.47 50.22 ————— 49.29 75.45 72.38 85.07 62.89

R-F

2014 Underwriting Performance Summary Reinsurance Assumed......................... 44,420,000 Reinsurance Ceded ............................... 3,180,000 Net Premiums Written ......................... 41,240,000 Net Premiums Earned ......................... 40,243,000 Net Claims & Adj Exp .......................... 19,837,000 Commissions ......................................... 7,068,000 Taxes ........................................................ 212,000 General Expenses ................................. 2,444,000 Undwrwtg. Profit/Loss......................... 10,682,000 Investment Income ................................ 9,500,000

Underwriting Result 2014: 2011:

+$10,682,000 –$7,108,000

2013: 2010:

Growth Rate (NPW) .................................... 4.49 % of Market (NPW) .................................... 0.09 Earned Loss Ratio .................................... 49.29 Total Expense Ratio ................................. 24.16 Combined Loss & Exp. Ratio ................... 73.45 Return on Equity....................................... 22.50

–$1,246,000 +$2,270,000

2012:

–$1,374,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:20 AM

116-129_2015 Stat Issue Reinsurance.indd 117

15-06-01 9:20 AM

EVEREST REINSURANCE CoMPANY

R-US

Russell Lewis, Chief Agent The Exchange Tower, P.O. Box 431 130 King St. W., Suite 2520 Toronto ON M5X 1E3 416-862-1228 Fax:416-366-5899

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto - Total ............................ Boiler/Mach-excld .................. Credit ...................................... Fidelity .................................... Hail ......................................... Liability ................................... Mortgage ................................ Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

7,566,000 18,251,000 25,817,000 67,000 4,824,000 3,435,000 8,259,000 456,000 770,000 2,921,000 19,697,000 820,000 2,160,000 234,000 66,000 ——————— 61,267,000 62,495,000 68,359,000 154,352,000 154,699,000

Net Prems Earned

7,601,000 17,265,000 24,866,000 70,000 4,888,000 3,422,000 8,310,000 476,000 1,000 1,085,000 2,916,000 20,018,000 820,000 2,356,000 285,000 92,000 ——————— 61,295,000 66,048,000 96,927,000 148,814,000 149,910,000

Net Claims Incurred

Claims Ratio

–1,038,000 6,238,000 5,200,000 28,000 –16,991,000 –2,437,000 –19,428,000 –10,000 173,000 208,000 129,000 –18,715,000 –591,000 4,744,000

–13.66 36.13 20.91 40.00 –347.61 –71.22 –233.79 –2.10 17,300.00 19.17 4.42 –93.49 –72.07 201.36

–74,000 ——————— –28,336,000 23,254,000 59,902,000 103,210,000 91,355,000

2014 Underwriting Performance Summary Reinsurance Assumed....................... 215,533,000 Reinsurance Ceded ........................... 154,266,000 Net Premiums Written ......................... 61,267,000 Net Premiums Earned ......................... 61,295,000 Net Claims & Adj Exp ........................ –28,336,000 Commissions ......................................... 8,483,000 Taxes ..................................................................... General Expenses ................................. 8,905,000 Undwrwtg. Profit/Loss......................... 72,243,000 Investment Income .............................. 20,905,000

Underwriting Result 2014: 2011:

+$72,243,000 +$5,166,000

2013: 2010:

Growth Rate (NPW) .................................. –1.96 % of Market (NPW) .................................... 0.14 Earned Loss Ratio .................................. –46.23 Total Expense Ratio ................................. 28.37 Combined Loss & Exp. Ratio ................. –17.86 Return on Equity....................................... 16.55

+$27,131,000 +$21,439,000

2012:

+$13,118,000

–80.43 ————— –46.23 35.21 61.80 69.36 60.94

FARM MUTUAL REINSURANCE PLAN

R-C

G.S. (Steve) Smith, President 350 Pinebush Rd, PO Box 3428 Cambridge ON N3H 4T3 519-740-6415 Fax:519-740-8852

Class

Prop. - Personal ..................... Prop - Total ........................... Auto. - Liability ....................... Auto - Total ............................ Boiler/Mach-excld .................. Liability ................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

75,978,000 75,978,000 40,919,000 40,919,000

75,661,000 75,661,000 41,541,000 41,541,000

16,192,000 31,000 ——————— 133,120,000 135,476,000 141,183,000 119,007,000 116,566,000

15,942,000 31,000 ——————— 133,175,000 138,787,000 142,422,000 113,090,000 113,988,000

Net Claims Incurred

59,625,000 59,625,000 33,292,000 33,292,000 4,000 –954,000 32,000 ——————— 91,999,000 82,204,000 74,623,000 101,034,000 115,325,000

Claims Ratio

78.81 78.81 80.14 80.14 0.00 –5.98 103.23 ————— 69.08 59.23 52.40 89.34 101.17

2014 Underwriting Performance Summary Reinsurance Assumed....................... 167,545,000 Reinsurance Ceded ............................. 34,525,000 Net Premiums Written ....................... 133,120,000 Net Premiums Earned ....................... 133,175,000 Net Claims & Adj Exp .......................... 91,999,000 Commissions ....................................... 10,506,000 Taxes ..................................................................... General Expenses ............................... 10,088,000 Undwrwtg. Profit/Loss......................... 20,582,000 Investment Income .............................. 39,039,000

Underwriting Result 2014: 2011:

+$20,582,000 –$1,251,000

2013: 2010:

Growth Rate (NPW) .................................. –1.74 % of Market (NPW) .................................... 0.30 Earned Loss Ratio .................................... 69.08 Total Expense Ratio ................................. 15.46 Combined Loss & Exp. Ratio ................... 84.54 Return on Equity....................................... 16.05

+$34,145,000 –$22,457,000

2012:

GENERAL REINSURANCE CoRPoRATIoN

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

10,000 40,509,000 40,519,000 748,000 4,728,000

18,000 38,710,000 38,728,000 621,000 4,472,000

863,000 5,591,000 516,000 1,211,000 3,675,000 10,000 1,469,000 ——————— 53,739,000 44,358,000 50,283,000 50,408,000 56,301,000

650,000 5,122,000 320,000 1,152,000 3,636,000 2,000 1,469,000 ——————— 51,050,000 46,069,000 48,812,000 51,915,000 55,484,000

118

116-129_2015 Stat Issue Reinsurance.indd 118

Net Claims Incurred

1,609,000 270,000 1,879,000 96,000 –6,583,000 473,000 49,000 –6,061,000 275,000 62,000 –14,842,000 –1,000 –271,000 ——————— –18,863,000 23,181,000 –5,329,000 –3,071,000 14,320,000

Claims Ratio

8,938.89 0.70 4.85 15.46 –147.20 0.00 7.54 –118.33 85.94 5.38 –408.20 –50.00 –18.45 ————— –36.95 50.32 –10.92 –5.92 25.81

+$42,989,000

R-US

Christopher Walton, Vice-President & Chief Agent For Canada 1 First Canadian Place Suite 5705, P.O. Box 471 Toronto ON M5X 1E4 416-869-0490 Fax:416-360-2020 www.genre.com

2014 Underwriting Performance Summary Reinsurance Assumed......................... 53,808,000 Reinsurance Ceded .................................... 69,000 Net Premiums Written ......................... 53,739,000 Net Premiums Earned ......................... 51,050,000 Net Claims & Adj Exp ........................ –18,863,000 Commissions ......................................... 3,543,000 Taxes .......................................................... 40,000 General Expenses ............................... 11,132,000 Undwrwtg. Profit/Loss......................... 57,509,000 Investment Income ................................ 3,508,000

Underwriting Result 2014: 2011:

+$57,509,000 +$43,482,000

2013: 2010:

Growth Rate (NPW) .................................. 21.15 % of Market (NPW) .................................... 0.12 Earned Loss Ratio .................................. –36.95 Total Expense Ratio ................................. 28.82 Combined Loss & Exp. Ratio ................... –8.13 Return on Equity....................................... 27.46

+$5,495,000 +$24,516,000

2012:

+$39,294,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:20 AM

HANNoVER RUCK SE.

Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto - Total ............................ Boiler/Mach-excld .................. Credit ...................................... Fidelity .................................... Hail ......................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

134,922,000 134,922,000 868,000 26,483,000 26,483,000 1,968,000 1,806,000 1,822,000 75,000 57,325,000 15,599,000 486,000 573,000 ——————— 241,927,000 216,646,000 177,277,000 138,874,000 118,613,000

Net Prems Earned

127,846,000 127,846,000 938,000 25,650,000 25,650,000 862,000 1,627,000 1,666,000 76,000 50,762,000 15,099,000 414,000 548,000 ——————— 225,488,000 207,303,000 171,170,000 131,214,000 113,999,000

Net Claims Incurred

Claims Ratio

88,755,000 88,755,000 623,000 20,105,000 20,105,000 –49,000 232,000 947,000

69.42 69.42 66.42 78.38 78.38 –5.68 14.26 56.84

39,634,000 20,641,000 511,000 94,000 ——————— 171,493,000 165,383,000 140,501,000 117,300,000 87,335,000

78.08 136.70 123.43 17.15 ————— 76.05 79.78 82.08 89.40 76.61

Laurel E Grant, General Manager and Chief Agent 220 Bay St Suite 400 Toronto ON M5J 2W4 416-867-9712 Fax:416-867-9728

R-F

2014 Underwriting Performance Summary Reinsurance Assumed....................... 287,050,000 Reinsurance Ceded ............................. 45,123,000 Net Premiums Written ....................... 241,927,000 Net Premiums Earned ....................... 225,488,000 Net Claims & Adj Exp ........................ 171,493,000 Commissions ....................................... 47,705,000 Taxes ..................................................................... General Expenses ................................. 5,363,000 Undwrwtg. Profit/Loss.............................. 927,000 Investment Income .............................. 24,800,000

Underwriting Result 2014: 2011:

+$927,000 –$17,989,000

2013: 2010:

Growth Rate (NPW) .................................. 11.67 % of Market (NPW) .................................... 0.54 Earned Loss Ratio .................................... 76.05 Total Expense Ratio ................................. 23.53 Combined Loss & Exp. Ratio ................... 99.58 Return on Equity......................................... 0.02

–$1,516,000 –$233,000

2012:

MAPFRE RE CoMPANIA DE REASEGURoS, S.A.

–$8,695,000

R-US

3650 Victoria Park Ave, Suite 201 Toronto ON M2H 3P7 416-496-1148

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Hail ......................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

8,712,000 5,808,000 14,520,000

8,396,000 5,597,000 13,993,000

778,000 91,000 92,000 ——————— 15,481,000 15,271,000 16,571,000 16,770,000 15,760,000

782,000 90,000 92,000 ——————— 14,957,000 15,355,000 17,691,000 16,463,000 15,470,000

Net Claims Incurred

4,219,000 2,813,000 7,032,000 42,000 293,000 45,000 189,000 ——————— 7,601,000 15,987,000 8,582,000 9,907,000 7,902,000

Claims Ratio

50.25 50.26 50.25 0.00 37.47 50.00 205.43 ————— 50.82 104.12 48.51 60.18 51.08

2014 Underwriting Performance Summary Reinsurance Assumed......................... 22,750,000 Reinsurance Ceded ............................... 7,269,000 Net Premiums Written ......................... 15,481,000 Net Premiums Earned ......................... 14,957,000 Net Claims & Adj Exp ............................ 7,601,000 Commissions ......................................... 3,336,000 Taxes ..................................................................... General Expenses .................................... 705,000 Undwrwtg. Profit/Loss........................... 3,315,000 Investment Income ................................ 1,017,000

Underwriting Result 2014: 2011:

+$3,315,000 +$1,476,000

2013: 2010:

Growth Rate (NPW) .................................... 1.38 % of Market (NPW) .................................... 0.03 Earned Loss Ratio .................................... 50.82 Total Expense Ratio ................................. 27.02 Combined Loss & Exp. Ratio ................... 77.84 Return on Equity................................................

–$4,409,000 +$3,739,000

2012:

MUNICH REINSURANCE AMERICA, INC.

+$5,749,000

R-US

Bernie Maingot, Chief Agent 390 Bay St, 22nd Floor Toronto ON M5H 2Y2 416-681-6944 Fax:416-591-8830 www.munichreamerica.com Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Credit ...................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

316,000 4,091,000 4,407,000

316,000 4,207,000 4,523,000

353,000

1,217,000

3,000 356,000 456,000 968,000 2,360,000 –292,000 509,000 305,000 ——————— 9,069,000 14,109,000 11,756,000 13,354,000 13,954,000

3,000 1,220,000 456,000 1,130,000 2,856,000 534,000 509,000 305,000 ——————— 11,533,000 13,438,000 11,250,000 15,856,000 12,904,000

Net Claims Incurred

144,000 6,448,000 6,592,000 1,000 1,892,000 366,000 –17,000 2,241,000 –40,000 95,000 –2,301,000 93,000 21,000 161,000 ——————— 6,863,000 20,313,000 9,599,000 4,286,000 4,362,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

116-129_2015 Stat Issue Reinsurance.indd 119

Claims Ratio

45.57 153.27 145.74 0.00 155.46 0.00 –566.67 183.69 –8.77 8.41 –80.57 17.42 4.13 52.79 ————— 59.51 151.16 85.32 27.03 33.80

2014 Underwriting Performance Summary Reinsurance Assumed........................... 9,069,000 Reinsurance Ceded ............................................... Net Premiums Written ........................... 9,069,000 Net Premiums Earned ......................... 11,533,000 Net Claims & Adj Exp ............................ 6,863,000 Commissions ......................................... 1,367,000 Taxes .......................................................... 40,000 General Expenses .................................... 620,000 Undwrwtg. Profit/Loss........................... 2,643,000 Investment Income ................................ 6,040,000

Underwriting Result 2014: 2011:

+$2,643,000 +$7,958,000

2013: 2010:

Growth Rate (NPW) ................................ –35.72 % of Market (NPW) .................................... 0.02 Earned Loss Ratio .................................... 59.51 Total Expense Ratio ................................. 17.58 Combined Loss & Exp. Ratio ................... 77.09 Return on Equity......................................... 6.50

–$10,395,000 +$3,970,000

2012:

–$1,442,000

119

15-06-01 9:20 AM

MUNICH REINSURANCE CANADA GRoUP MUNICH REINSURANCE CoMPANY oF CANADA TEMPLE INSURANCE CoMPANY

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

76,271,000 104,470,000 180,741,000 2,000 21,908,000 9,464,000 13,508,000 44,880,000 4,677,000 684,000 105,582,000 6,835,000 5,000

63,799,000 103,838,000 167,637,000 2,000 21,219,000 10,573,000 12,596,000 44,388,000 4,054,000 649,000 106,096,000 7,693,000 5,000

——————— 343,406,000 309,522,000 301,255,000 270,977,000 291,363,000

——————— 330,524,000 309,447,000 297,546,000 280,107,000 295,934,000

Net Claims Incurred

33,997,000 46,675,000 80,672,000 –6,000 10,623,000 7,030,000 5,626,000 23,279,000 3,856,000 –288,000 64,535,000 12,259,000 –152,000 –3,000 ——————— 184,152,000 203,465,000 184,478,000 198,645,000 182,634,000

Claims Ratio

53.29 44.95 48.12 –300.00 50.06 66.49 44.66 52.44 95.12 –44.38 60.83 159.35 –3,040.00 0.00 ————— 55.72 65.75 62.00 70.92 61.71

R-F

Philipp Wassenberg, President & CEO 390 Bay St., 22nd Floor Toronto ON M5H 2Y2 416-366-9206 Fax:416-366-4330

2014 Direct Premiums Written: +182,206,000 2014 Underwriting Performance Summary Reinsurance Assumed....................... 217,447,000 Reinsurance Ceded ............................. 56,247,000 Net Premiums Written ....................... 343,406,000 Net Premiums Earned ....................... 330,524,000 Net Claims & Adj Exp ........................ 184,152,000 Commissions ....................................... 82,975,000 Taxes ..................................................... 5,987,000 General Expenses ............................... 26,792,000 Undwrwtg. Profit/Loss......................... 30,618,000 Investment Income .............................. 56,637,000

Underwriting Result 2014: 2011:

+$30,618,000 –$11,738,000

2013: 2010:

Growth: 3.99% %

Growth Rate (NPW) .................................. 10.95 % of Market (NPW) .................................... 0.77 Earned Loss Ratio .................................... 55.72 Total Expense Ratio ................................. 35.02 Combined Loss & Exp. Ratio ................... 90.74 Return on Equity....................................... 15.41

+$11,270,000 +$8,849,000

2012:

+$16,954,000

MUNICH REINSURANCE CoMPANY oF CANADA

R-C

Philipp Wassenberg, President & Chief Executive Officer 390 Bay St., 22nd Floor Toronto ON M5H 2Y2 416-366-9206 Fax:416-366-4330 Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

76,271,000 72,099,000 148,370,000

63,799,000 72,999,000 136,798,000

21,905,000 9,464,000 13,508,000 44,877,000 4,690,000 684,000 32,702,000 6,835,000 5,000 ——————— 238,163,000 207,324,000 201,140,000 178,657,000 187,697,000

21,216,000 10,573,000 12,596,000 44,385,000 4,097,000 649,000 33,276,000 7,693,000 5,000 ——————— 226,903,000 207,022,000 198,321,000 182,063,000 189,988,000

Net Claims Incurred

33,997,000 27,598,000 61,595,000 –1,000 10,635,000 7,030,000 5,626,000 23,291,000 3,695,000 –288,000 18,161,000 12,286,000 –151,000 ——————— 118,588,000 134,924,000 123,711,000 132,021,000 123,422,000

Claims Ratio

53.29 37.81 45.03 0.00 50.13 66.49 44.66 52.47 90.19 –44.38 54.58 159.70 –3,020.00 ————— 52.26 65.17 62.38 72.51 64.96

2014 Underwriting Performance Summary Reinsurance Assumed....................... 267,074,000 Reinsurance Ceded ............................. 28,911,000 Net Premiums Written ....................... 238,163,000 Net Premiums Earned ....................... 226,903,000 Net Claims & Adj Exp ........................ 118,588,000 Commissions ....................................... 58,994,000 Taxes ........................................................ 273,000 General Expenses ............................... 16,045,000 Undwrwtg. Profit/Loss......................... 33,003,000 Investment Income .............................. 40,016,000

Underwriting Result 2014: 2011:

+$33,003,000 –$3,935,000

2013: 2010:

Growth Rate (NPW) .................................. 14.87 % of Market (NPW) .................................... 0.52 Earned Loss Ratio .................................... 52.26 Total Expense Ratio ................................. 33.19 Combined Loss & Exp. Ratio ................... 85.45 Return on Equity....................................... 19.33

+$11,023,000 +$8,985,000

2012:

oDYSSEY REINSURANCE CoMPANY

+$15,627,000

R-US

Debbie Irving, Senior Vice President & Chief Agent 55 University Ave., Suite 1600 Toronto ON M5J 2H7 416-862-0162 Fax:416-367-3248 www.odysseyre.com Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Hail ......................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

24,990,000 23,121,000 48,111,000 5,000 7,422,000 4,058,000 11,480,000 244,000 25,000 3,213,000 10,513,000 3,429,000 633,000 ——————— 77,653,000 83,650,000 83,937,000 65,677,000 62,137,000

120

116-129_2015 Stat Issue Reinsurance.indd 120

Net Prems Earned

26,095,000 22,641,000 48,736,000 6,000 8,196,000 4,048,000 12,244,000 239,000 25,000 3,213,000 11,103,000 3,428,000 466,000 ——————— 79,460,000 79,258,000 84,783,000 65,053,000 60,615,000

Net Claims Incurred

4,613,000 22,096,000 26,709,000 6,000 2,826,000 168,000 2,994,000 21,000 –126,000 1,862,000 5,397,000 3,011,000 6,000 ——————— 39,880,000 81,003,000 70,582,000 53,987,000 39,544,000

Claims Ratio

17.68 97.59 54.80 100.00 34.48 4.15 24.45 8.79 –504.00 57.95 48.61 87.84 1.29 ————— 50.19 102.20 83.25 82.99 65.24

2014 Underwriting Performance Summary Reinsurance Assumed......................... 88,724,000 Reinsurance Ceded ............................. 11,071,000 Net Premiums Written ......................... 77,653,000 Net Premiums Earned ......................... 79,460,000 Net Claims & Adj Exp .......................... 39,880,000 Commissions ....................................... 14,135,000 Taxes ..................................................................... General Expenses ................................. 3,703,000 Undwrwtg. Profit/Loss......................... 21,742,000 Investment Income .............................. 15,924,000

Underwriting Result 2014: 2011:

+$21,742,000 +$9,947,000

2013: 2010:

Growth Rate (NPW) .................................. –7.17 % of Market (NPW) .................................... 0.17 Earned Loss Ratio .................................... 50.19 Total Expense Ratio ................................. 22.45 Combined Loss & Exp. Ratio ................... 72.64 Return on Equity......................................... 6.71

–$17,740,000 +$6,874,000

2012:

–$3,969,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:20 AM

116-129_2015 Stat Issue Reinsurance.indd 121

15-06-01 9:20 AM

PARTNER REINSURANCE COMPANY OF THE U.S.

R-F

Patrick Li, Chief Agent Canadian Branch Canadian Branch 123 Front St W, Suite 909 Toronto ON M5J 2M2 416-861-0033 Fax:416-861-0200 www.partnerre.com

Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto - Total ............................ Hail ......................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

Net Claims Incurred

Claims Ratio

74,196,000 74,196,000

70,161,000 70,161,000

4,246,000

4,266,000 –259,000 4,007,000 8,582,000 10,570,000 5,028,000 ——————— 98,348,000 95,884,000 108,391,000 123,995,000 106,899,000

31,435,000 31,435,000 303,000 –1,060,000

44.80 44.80 0.00 –24.85

4,246,000 8,583,000 11,522,000 4,914,000 ——————— 103,461,000 90,214,000 107,478,000 110,005,000 102,301,000

–1,060,000 –578,000 5,674,000 3,366,000 ——————— 39,140,000 57,327,000 50,883,000 92,209,000 86,762,000

–26.45 –6.74 53.68 66.95 ————— 39.80 59.79 46.94 74.37 81.16

2014 Underwriting Performance Summary Reinsurance Assumed....................... 108,964,000 Reinsurance Ceded ............................... 5,503,000 Net Premiums Written ....................... 103,461,000 Net Premiums Earned ......................... 98,348,000 Net Claims & Adj Exp .......................... 39,140,000 Commissions ....................................... 23,439,000 Taxes ..................................................................... General Expenses ................................. 7,786,000 Undwrwtg. Profit/Loss......................... 27,983,000 Investment Income .............................. 20,732,000

Underwriting Result 2014: 2011:

+$27,983,000 –$3,030,000

2013: 2010:

Growth Rate (NPW) .................................. 14.68 % of Market (NPW) .................................... 0.23 Earned Loss Ratio .................................... 39.80 Total Expense Ratio ................................. 31.75 Combined Loss & Exp. Ratio ................... 71.55 Return on Equity......................................... 7.42

+$5,862,000 –$13,134,000

2012:

PROMUTUEL REASSURANCE

R-C

2000 boulevard Lebourgneuf bureau 400 Quebec QC G2K 0B6 418-840-1313 Fax:418-840-9900 www.promutuel.ca liliane.breton@promutuel.ca

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

68,623,000 58,184,000 126,807,000 8,767,000 595,000 14,460,000 23,822,000 5,355,000 225,000 ——————— 156,209,000 132,747,000 126,102,000 110,921,000 114,108,000

Net Prems Earned

63,285,000 55,484,000 118,769,000 8,616,000 611,000 14,117,000 23,344,000 5,256,000 210,000 ——————— 147,579,000 126,776,000 118,973,000 111,198,000 111,274,000

Net Claims Incurred

39,404,000 47,078,000 86,482,000 3,655,000 76,000 5,480,000 9,211,000 5,394,000 2,000 ——————— 101,089,000 79,839,000 80,811,000 86,690,000 58,218,000

Claims Ratio

62.26 84.85 72.82 42.42 12.44 38.82 39.46 102.63 0.95 ————— 68.50 62.98 67.92 77.96 52.32

2014 Direct Premiums Written: +573,000 2014 Underwriting Performance Summary Reinsurance Assumed....................... 182,682,000 Reinsurance Ceded ............................. 27,046,000 Net Premiums Written ....................... 156,209,000 Net Premiums Earned ....................... 147,579,000 Net Claims & Adj Exp ........................ 101,089,000 Commissions ....................................... 36,447,000 Taxes .......................................................... 19,000 General Expenses ................................. 9,365,000 Undwrwtg. Profit/Loss............................ –141,000 Investment Income ................................ 9,820,000

Underwriting Result 2014: 2011:

–$141,000 –$7,092,000

2013: 2010:

+$22,961,000

Growth: 8.94% %

Growth Rate (NPW) .................................. 17.67 % of Market (NPW) .................................... 0.35 Earned Loss Ratio .................................... 68.50 Total Expense Ratio ................................. 31.06 Combined Loss & Exp. Ratio ................... 99.56 Return on Equity......................................... 7.61

–$3,409,000 +$17,615,000

2012:

SCOR CANADA REINSURANCE COMPANY

–$993,000

R-C

Henry Klecan Jr., President & C.E.O. 199 Bay St Suite 2800 PO Box 329 Commerce Court Postal Station Toronto ON M5L 1G1 416-869-3670 Fax:416-365-9393

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Pers. Acc. ................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Fidelity .................................... Hail ......................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

17,021,000 88,107,000 105,128,000 12,357,000

16,231,000 87,823,000 104,054,000 12,121,000

2,045,000 14,402,000 81,000 65,000 99,000 11,024,000 5,114,000 135,000 ——————— 136,048,000 160,353,000 151,456,000 157,280,000 156,186,000

2,082,000 14,203,000 180,000 65,000 101,000 11,017,000 4,892,000 136,000 ——————— 134,648,000 158,741,000 147,427,000 162,190,000 160,345,000

122

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Net Claims Incurred

2,314,000 58,979,000 61,293,000 3,600,000 –1,033,000 3,051,000 5,618,000 –41,000 15,000 10,000 7,541,000 5,258,000 11,000 ——————— 79,705,000 108,334,000 112,375,000 148,127,000 120,282,000

Claims Ratio

14.26 67.16 58.90 29.70 0.00 146.54 39.56 –22.78 23.08 9.90 68.45 107.48 8.09 ————— 59.20 68.25 76.22 91.33 75.01

2014 Underwriting Performance Summary Reinsurance Assumed....................... 174,943,000 Reinsurance Ceded ............................. 38,895,000 Net Premiums Written ....................... 136,048,000 Net Premiums Earned ....................... 134,648,000 Net Claims & Adj Exp .......................... 79,705,000 Commissions ....................................... 34,122,000 Taxes ..................................................................... General Expenses ............................... 12,016,000 Undwrwtg. Profit/Loss........................... 8,805,000 Investment Income .............................. 23,465,000

Underwriting Result 2014: 2011:

+$8,805,000 –$30,116,000

2013: 2010:

Growth Rate (NPW) ................................ –15.16 % of Market (NPW) .................................... 0.31 Earned Loss Ratio .................................... 59.20 Total Expense Ratio ................................. 34.27 Combined Loss & Exp. Ratio ................... 93.47 Return on Equity....................................... 15.41

+$3,654,000 –$3,526,000

2012:

–$10,527,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-03 12:09 PM

â&#x20AC;˘ Photo credit: Getty Images

Over the past 50 years, the insurance and reinsurance industry has seen tremendous changes. From products, services and distribution networks to risk management, capital management and regulation, nothing is how it used to be. Far from slowing down, the pace of this change is accelerating. New technology is having a profound impact on the way in which we assess, model, price and reserve risks. At SCOR, we have the experience and expertise to stay at the cutting edge of these developments. By sharing the art and science of risk with our clients, we can adapt to a changing risk universe together.

scor.com

116-129_2015 Stat Issue Reinsurance.indd 123

The Art & Science of Risk 15-06-01 9:20 AM

SWISS REINSURANCE GRoUP SWISS REINSURANCE CoMPANY LTD WESTPoRT INSURANCE CoRPoRATIoN

Class

Net Prems Written

4,623,000 87,813,000 92,436,000 2,302,000 2,920,000 1,614,000 209,000 4,743,000 1,377,000 344,000 2,674,000 16,821,000 2,920,000 1,022,000 24,000 ——————— 124,663,000 147,072,000 142,567,000 152,279,000 152,062,000

Net Prems Earned

4,902,000 90,799,000 95,701,000 3,222,000 2,661,000 1,890,000 550,000 5,101,000 777,000 335,000 1,743,000 18,829,000 2,860,000 1,082,000 18,000 ——————— 129,668,000 147,197,000 139,475,000 147,927,000 154,843,000

Net Claims Incurred

4,635,000 5,222,000 9,857,000 1,735,000 –1,572,000 –317,000 –525,000 –2,414,000 391,000 –66,000 612,000 59,000 664,000 807,000 418,000 ——————— 12,063,000 73,288,000 36,503,000 73,839,000 53,699,000

Claims Ratio

94.55 5.75 10.30 53.85 –59.08 –16.77 –95.45 –47.32 50.32 –19.70 35.11 0.31 23.22 74.58 2,322.22 ————— 9.30 49.79 26.17 49.92 34.68

R-F

Veronica Scotti, President & Chief Executive Officer 150 King St. W, Suite 1000 Toronto ON M5H 1J9 416-947-3800 Fax:416-408-4222 www.swissre.com

2014 Direct Premiums Written: +202,840,000 2014 Underwriting Performance Summary Reinsurance Assumed....................... 479,111,000 Reinsurance Ceded ........................... 557,288,000 Net Premiums Written ....................... 124,663,000 Net Premiums Earned ....................... 129,668,000 Net Claims & Adj Exp .......................... 12,063,000 Commissions ....................................... –3,753,000 Taxes ..................................................... 7,211,000 General Expenses ............................... 38,448,000 Undwrwtg. Profit/Loss......................... 75,699,000 Investment Income .............................. 13,910,000

Underwriting Result 2014: 2011:

+$75,699,000 +$36,861,000

2013: 2010:

Growth: 17.22% %

Growth Rate (NPW) ................................ –15.24 % of Market (NPW) .................................... 0.28 Earned Loss Ratio ...................................... 9.30 Total Expense Ratio ................................. 32.32 Combined Loss & Exp. Ratio ................... 41.62 Return on Equity....................................... 19.31

+$29,597,000 +$59,746,000

2012:

SWISS REINSURANCE CoMPANY LTD

+$65,498,000

R-F

Veronica Scotti, Chief Agent 150 King St. W, Suite 1000 Toronto ON M5H 1J9 416-947-3800 Fax:416-408-4222 www.swissre.com Class

Net Prems Written

4,623,000 70,361,000 74,984,000 77,000 2,879,000 1,614,000 209,000 4,702,000 530,000 344,000 2,674,000 9,068,000 3,073,000 1,020,000 24,000 ——————— 96,496,000 110,469,000 81,114,000 100,288,000 99,114,000

Net Prems Earned

4,902,000 73,680,000 78,582,000 77,000 2,621,000 1,890,000 550,000 5,061,000 509,000 335,000 1,743,000 9,778,000 2,829,000 1,080,000 18,000 ——————— 100,012,000 103,793,000 86,518,000 94,856,000 99,846,000

Net Claims Incurred

4,635,000 5,998,000 10,633,000 –1,369,000 –1,522,000 –317,000 –525,000 –2,364,000 67,000 –66,000 612,000 –498,000 1,246,000 607,000 418,000 ——————— 9,286,000 47,936,000 8,009,000 44,222,000 33,091,000

Claims Ratio

94.55 8.14 13.53 –1,777.92 –58.07 –16.77 –95.45 –46.71 13.16 –19.70 35.11 –5.09 44.04 56.20 2,322.22 ————— 9.28 46.18 9.26 46.62 33.14

2014 Underwriting Performance Summary Reinsurance Assumed....................... 471,605,000 Reinsurance Ceded ........................... 375,110,000 Net Premiums Written ......................... 96,496,000 Net Premiums Earned ....................... 100,012,000 Net Claims & Adj Exp ............................ 9,286,000 Commissions ....................................... 10,572,000 Taxes ..................................................................... General Expenses ............................... 21,674,000 Undwrwtg. Profit/Loss......................... 58,480,000 Investment Income .............................. 10,383,000

Underwriting Result 2014: 2011:

+$58,480,000 +$21,933,000

2013: 2010:

Growth Rate (NPW) ................................ –12.65 % of Market (NPW) .................................... 0.22 Earned Loss Ratio ...................................... 9.28 Total Expense Ratio ................................. 32.24 Combined Loss & Exp. Ratio ................... 41.52 Return on Equity....................................... 18.24

+$23,177,000 +$37,746,000

2012:

WESTPoRT INSURANCE CoRPoRATIoN

+$51,938,000

R-US

Stephen J. Ritter, FCIP, CRM, Senior Vice President & Chief Agent In Canada 150 King St W, Suite 1000 Toronto ON M5H 1J9 647-777-5576 Fax:416-847-3698

Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto - Total ............................ Boiler/Mach-excld .................. Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

17,452,000 17,452,000 2,225,000 41,000 41,000 847,000 7,753,000 –153,000 2,000 ——————— 28,167,000 36,603,000 61,453,000 51,991,000 52,948,000

124

116-129_2015 Stat Issue Reinsurance.indd 124

Net Prems Earned

17,119,000 17,119,000 3,145,000 40,000 40,000 268,000 9,051,000 31,000 2,000 ——————— 29,656,000 43,404,000 52,957,000 53,071,000 54,997,000

Net Claims Incurred

–776,000 –776,000 3,104,000 –50,000 –50,000 324,000 557,000 –582,000 200,000 ——————— 2,777,000 25,352,000 28,494,000 29,617,000 20,608,000

Claims Ratio

–4.53 –4.53 98.70 –125.00 –125.00 120.90 6.15 –1,877.42 10,000.00 ————— 9.36 58.41 53.81 55.81 37.47

2014 Direct Premiums Written: +202,840,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 16,333,000 Reinsurance Ceded ........................... 191,006,000 Net Premiums Written ......................... 28,167,000 Net Premiums Earned ......................... 29,656,000 Net Claims & Adj Exp ............................ 2,777,000 Commissions ..................................... –14,325,000 Taxes ..................................................... 7,211,000 General Expenses ............................... 16,774,000 Undwrwtg. Profit/Loss......................... 17,219,000 Investment Income ................................ 3,527,000

Underwriting Result 2014: 2011:

+$17,219,000 +$14,928,000

2013: 2010:

Growth: 17.22% %

Growth Rate (NPW) ................................ –23.05 % of Market (NPW) .................................... 0.06 Earned Loss Ratio ...................................... 9.36 Total Expense Ratio ................................. 32.57 Combined Loss & Exp. Ratio ................... 41.93 Return on Equity....................................... 23.39

+$6,420,000 +$22,000,000

2012:

+$13,560,000

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15-06-01 9:20 AM

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116-129_2015 Stat Issue Reinsurance.indd 125

15-06-01 9:20 AM

SIRIUS AMERICA INSURANCE CoMPANY

R-US

John Game, Senior Vice-President & Chief Agent 80 Bloor St. W., Suite 1202 Toronto ON M5S 2V1 416-928-2430 Fax:416-928-2459 Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto. - Other........................... Auto - Total ............................ Hail ......................................... Liability ................................... Surety ..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

6,241,000 4,870,000 11,111,000 73,000 1,658,000 1,731,000 544,000 58,000

6,167,000 5,229,000 11,396,000 79,000 1,684,000 1,763,000 549,000 62,000

——————— 13,444,000 15,925,000 14,846,000 15,526,000 14,279,000

——————— 13,770,000 15,732,000 14,960,000 16,725,000 12,375,000

Net Claims Incurred

–310,000 564,000 254,000 –2,014,000 233,000 –1,781,000 262,000 –179,000 –1,000 ——————— –1,445,000 8,028,000 3,316,000 12,401,000 856,000

Claims Ratio

–5.03 10.79 2.23 –2,549.37 13.84 –101.02 47.72 –288.71 0.00 ————— –10.49 51.03 22.17 74.15 6.92

2014 Underwriting Performance Summary Reinsurance Assumed......................... 15,989,000 Reinsurance Ceded ............................... 2,545,000 Net Premiums Written ......................... 13,444,000 Net Premiums Earned ......................... 13,770,000 Net Claims & Adj Exp .......................... –1,445,000 Commissions ......................................... 2,650,000 Taxes ..................................................................... General Expenses ................................. 1,603,000 Undwrwtg. Profit/Loss......................... 10,962,000 Investment Income ................................ 1,235,000

Underwriting Result 2014: 2011:

+$10,962,000 –$1,718,000

2013: 2010:

Growth Rate (NPW) ................................ –15.58 % of Market (NPW) .................................... 0.03 Earned Loss Ratio .................................. –10.49 Total Expense Ratio ................................. 30.89 Combined Loss & Exp. Ratio ................... 20.40 Return on Equity....................................... 14.63

+$1,644,000 +$6,808,000

2012:

T.H.E. INSURANCE CoMPANY

+$6,390,000

R-US

Steven Frye, Chief Agent 200 University Ave, 14th Floor Toronto ON M5H 3C6 www.theinsco.com sfrye@cwcagroup.com

Class

Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto - Total ............................ Liability ................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

41,000 41,000 28,000 28,000 756,000 ——————— 825,000 548,000 160,000 88,000 88,000

Net Prems Earned

38,000 38,000 28,000 28,000 642,000 ——————— 708,000 251,000 109,000 95,000 54,000

Net Claims Incurred

0 –26,000 –26,000 498,000 ——————— 472,000 476,000 79,000 45,000 –27,000

Claims Ratio

0.00 –92.86 –92.86 77.57 ————— 66.67 189.64 72.48 47.37 –50.00

2014 Direct Premiums Written: +893,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded .................................... 68,000 Net Premiums Written .............................. 825,000 Net Premiums Earned .............................. 708,000 Net Claims & Adj Exp ............................... 472,000 Commissions .............................................. 63,000 Taxes .......................................................... 29,000 General Expenses .................................... 231,000 Undwrwtg. Profit/Loss.............................. –87,000 Investment Income ..................................... 40,000

Underwriting Result 2014: 2011:

126

116-129_2015 Stat Issue Reinsurance.indd 126

–$87,000 –$116,000

2013: 2010:

Growth: 51.87% %

Growth Rate (NPW) .................................. 50.55 % of Market (NPW) .................................... 0.00 Earned Loss Ratio .................................... 66.67 Total Expense Ratio ................................. 45.62 Combined Loss & Exp. Ratio ................. 112.29 Return on Equity......................................... 5.58

–$558,000 –$39,000

2012:

–$146,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:20 AM

CUW isla

Twitter twitter.com/CdnUnderwriter Facebook Facebook.com/CanadianUnderwriter LinkedIn Group http://linkd.in/CanadianUnderwriter LinkedIn Page LinkedIn.com/company/canadian-underwriter Google+ http://bit.ly/cugoogleplus e-News DAILY http://bit.ly/cuenews Online: CanadianUnderwriter.ca InsuranceMediaGroup.com

CUW island ad Stat 116-129_2015 2015Issue full pg.indd Reinsurance.indd 1 127

15-05-25 9:20 15-06-01 4:20 AM PM

THE ToA REINSURANCE CoMPANY oF AMERICA

R-F

Caroline Kane, Senior Vice-President & Chief Agent in Canada 55 University Ave Suite 1700 Box 53 Toronto ON M5J 2H7 416-366-5888 Fax:416-366-7444 www.toare.com Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Auto. - Liability ....................... Auto - Total ............................ Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

6,719,000 7,335,000 14,054,000 7,908,000 7,908,000 84,000 9,534,000

6,955,000 7,631,000 14,586,000 8,552,000 8,552,000 84,000 10,388,000

–37,000

–22,000

——————— 31,543,000 43,956,000 46,345,000 39,341,000 35,832,000

——————— 33,588,000 44,356,000 46,258,000 39,278,000 34,576,000

Net Claims Incurred

Claims Ratio

4,276,000 4,208,000 8,484,000 6,063,000 6,063,000 21,000 6,277,000 –160,000

61.48 55.14 58.17 70.90 70.90 25.00 60.43 0.00

631,000 ——————— 21,316,000 36,923,000 32,623,000 30,112,000 25,059,000

0.00 ————— 63.46 83.24 70.52 76.66 72.48

2014 Underwriting Performance Summary %

Reinsurance Assumed......................... 45,604,000 Reinsurance Ceded ............................. 14,061,000 Net Premiums Written ......................... 31,543,000 Net Premiums Earned ......................... 33,588,000 Net Claims & Adj Exp .......................... 21,316,000 Commissions ......................................... 5,247,000 Taxes ..................................................................... General Expenses ................................. 4,103,000 Undwrwtg. Profit/Loss........................... 2,922,000 Investment Income ................................ 6,295,000

Underwriting Result 2014: 2011:

+$2,922,000 +$78,000

2013: 2010:

Growth Rate (NPW) ................................ –28.24 % of Market (NPW) .................................... 0.07 Earned Loss Ratio .................................... 63.46 Total Expense Ratio ................................. 27.84 Combined Loss & Exp. Ratio ................... 91.30 Return on Equity......................................... 7.65

–$2,999,000 +$777,000

2012:

TRANSATLANTIC REINSURANCE CoMPANY

+$3,131,000

Cameron MacDonald, Chief Agent For Canada 145 Wellington St. W., 9th Floor Toronto ON M5J 1H8 416-649-5301 Fax:416-971-8782 www.transre.com cmacdonald@transre.com

Class

Prop. - Personal ..................... Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto. - Other........................... Auto - Total ............................ Boiler/Mach-excld .................. Credit ...................................... Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Accident & Sickness............... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

8,838,000 45,389,000 54,227,000 –176,000 10,686,000 971,000 11,657,000 322,000 140,000 231,000 17,083,000 12,083,000 169,000 4,000 ——————— 95,740,000 84,998,000 103,318,000 111,894,000 118,055,000

Net Prems Earned

7,288,000 44,089,000 51,377,000 –119,000 10,679,000 944,000 11,623,000 317,000 239,000 306,000 16,306,000 11,652,000 169,000 4,000 ——————— 91,874,000 89,051,000 109,661,000 114,293,000 119,891,000

Net Claims Incurred

2,749,000 –2,648,000 101,000 –95,000 11,590,000 2,562,000 14,152,000 –69,000 38,000 899,000 13,627,000 10,106,000 8,000 1,000 ——————— 38,768,000 73,589,000 90,751,000 68,180,000 82,592,000

Claims Ratio

37.72 –6.01 0.20 79.83 108.53 271.40 121.76 –21.77 15.90 293.79 83.57 86.73 4.73 25.00 ————— 42.20 82.64 82.76 59.65 68.89

R-US

2014 Underwriting Performance Summary %

Reinsurance Assumed......................... 97,820,000 Reinsurance Ceded ............................... 2,080,000 Net Premiums Written ......................... 95,740,000 Net Premiums Earned ......................... 91,874,000 Net Claims & Adj Exp .......................... 38,768,000 Commissions ....................................... 20,698,000 Taxes ........................................................ –65,000 General Expenses ................................. 4,204,000 Undwrwtg. Profit/Loss......................... 28,269,000 Investment Income .............................. 21,597,000

Underwriting Result 2014: 2011:

+$28,269,000 +$17,538,000

2013: 2010:

Growth Rate (NPW) .................................. 12.64 % of Market (NPW) .................................... 0.22 Earned Loss Ratio .................................... 42.20 Total Expense Ratio ................................. 27.03 Combined Loss & Exp. Ratio ................... 69.23 Return on Equity......................................... 7.26

–$9,981,000 +$10,003,000

2012:

XL REINSURANCE AMERICA, INC CANADIAN BRANCH Gordon F Goodman, Chief Agent

–$7,578,000

R-F

Scotia Plaza, 100 Yonge St., Suite 1702 Toronto ON M5C 2W1 416-598-1084 Fax:416-598-1980 www.xlre.com Class

Prop. - Commercial ................ Prop - Total ........................... Aircraft .................................... Auto. - Liability ....................... Auto - Total ............................ Fidelity .................................... Liability ................................... Surety ..................................... Marine..................................... Total 2014 .............................. Total 2013............................... Total 2012............................... Total 2011............................... Total 2010...............................

Net Prems Written

Net Prems Earned

17,128,000 17,128,000

19,996,000 19,996,000

1,461,000 1,461,000

2,057,000 2,057,000

24,717,000

28,792,000

–40,000 ——————— 43,266,000 67,217,000 61,102,000 56,657,000 67,687,000

128

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–6,000 ——————— 50,839,000 65,044,000 59,299,000 63,383,000 71,321,000

Net Claims Incurred

3,683,000 3,683,000 –9,000 1,631,000 1,631,000 8,000 21,077,000 –251,000 –36,000 ——————— 26,103,000 40,839,000 29,412,000 36,784,000 32,618,000

Claims Ratio

18.42 18.42 0.00 79.29 79.29 0.00 73.20 0.00 600.00 ————— 51.34 62.79 49.60 58.03 45.73

2014 Direct Premiums Written: +23,632,000 2014 Underwriting Performance Summary Reinsurance Assumed......................... 20,473,000 Reinsurance Ceded .................................. 839,000 Net Premiums Written ......................... 43,266,000 Net Premiums Earned ......................... 50,839,000 Net Claims & Adj Exp .......................... 26,103,000 Commissions ....................................... 12,935,000 Taxes ........................................................ 840,000 General Expenses ................................. 8,907,000 Undwrwtg. Profit/Loss........................... 2,054,000 Investment Income ................................ 8,090,000

Underwriting Result 2014: 2011:

+$2,054,000 +$1,455,000

2013: 2010:

Growth: –5.93% %

Growth Rate (NPW) ................................ –35.63 % of Market (NPW) .................................... 0.10 Earned Loss Ratio .................................... 51.34 Total Expense Ratio ................................. 44.62 Combined Loss & Exp. Ratio ................... 95.96 Return on Equity......................................... 5.36

–$2,688,000 +$11,318,000

2012:

+$8,906,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

15-06-01 9:20 AM

ToaRe

Stability The Toa Reinsurance Company of America 200 King Street West Suite: 1001, P.O. Box 41 Toronto, Ontario, Canada M5H 3T4 Phone: 416-366-5888 Fax: 416-366-7444

Web Site: www.toare.com Tokyo • Morristown • Irvine • Toronto • London • Graubünden • Hong Kong • Kuala Lumpur • Singapore • Taipei

116-129_2015 Stat Issue Reinsurance.indd 129

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2014 PROvINCIAL GOvERNMENT INSURERS INSURANCE CORPORATION G-C Mark Blucher, President & Chief Executive Officer OF BRITISH COLUMBIA 151 West Esplanade Ave North Vancouver BC V7M 3H9 604-661-2800 Fax:604-982-4733 www.icbc.com lindaj.mcdonal@icbc.com

Class

Net Prems Written

2,717,357,000 193,607,000 1,312,510,000 4,223,474,000 ——————— 4,223,474,000 4,041,195,000 3,910,077,000 3,692,836,000 3,679,367,000

Net Prems Earned

2,624,501,000 188,085,000 1,317,348,000 4,129,934,000 ——————— 4,129,934,000 3,974,594,000 3,811,387,000 3,673,211,000 3,667,324,000

Net Claims Incurred

2,956,564,000 185,701,000 752,201,000 3,894,466,000 ——————— 3,894,466,000 3,434,660,000 3,266,615,000 3,186,563,000 3,074,228,000

Claims Ratio

112.65 98.73 57.10 94.30 ————— 94.30 86.42 85.71 86.75 83.83

2014 Direct Premiums Written: +4,232,707,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 9,233,000 Net Premiums Written .................... 4,223,474,000 Net Premiums Earned .................... 4,129,934,000 Net Claims & Adj Exp ..................... 3,894,466,000 Commissions ..................................... 321,547,000 Taxes ................................................. 187,200,000 General Expenses ............................. 193,703,000 Undwrwtg. Profit/Loss..................... –368,718,000 Investment Income ............................ 862,426,000

Underwriting Result 2014: 2011:

–$368,718,000 –$188,647,000

2013: 2010:

Growth: 4.50% %

Growth Rate (NPW) .................................... 4.51 % of Market (NPW) .................................... 9.19 Earned Loss Ratio .................................... 94.30 Total Expense Ratio ................................. 17.01 Combined Loss & Exp. Ratio ................. 111.31 Return on Equity....................................... 10.26

–$183,993,000 –$36,464,000

2012:

SASKATCHEWAN AUTO FUND

–$77,305,000

G-C

Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax:306-525-6040 www.sgi.sk.ca

Class

Net Prems Written

19,254,000 407,658,000 459,532,000 886,444,000 ——————— 886,444,000 824,513,000 781,167,000 744,743,000 708,350,000

Net Prems Earned

18,819,000 398,260,000 446,897,000 863,976,000 ——————— 863,976,000 806,964,000 767,226,000 726,282,000 684,821,000

Net Claims Incurred

22,796,000 307,586,000 503,773,000 834,155,000 ——————— 834,155,000 739,103,000 740,528,000 806,924,000 604,418,000

Claims Ratio

121.13 77.23 112.73 96.55 ————— 96.55 91.59 96.52 111.10 88.26

2014 Direct Premiums Written: +889,210,000 2014 Underwriting Performance Summary Reinsurance Assumed........................................... Reinsurance Ceded ............................... 2,766,000 Net Premiums Written ....................... 886,444,000 Net Premiums Earned ....................... 863,976,000 Net Claims & Adj Exp ........................ 834,155,000 Commissions ....................................... 42,029,000 Taxes ................................................... 43,573,000 General Expenses ............................... 83,350,000 Undwrwtg. Profit/Loss..................... –139,131,000 Investment Income ............................ 151,104,000

Underwriting Result 2014: 2011:

130

–$139,131,000 –$228,680,000

2013: 2010:

Growth: 6.91% %

Growth Rate (NPW) .................................... 7.51 % of Market (NPW) .................................... 1.93 Earned Loss Ratio .................................... 96.55 Total Expense Ratio ................................. 19.56 Combined Loss & Exp. Ratio ................. 116.11 Return on Equity....................................... 28.12

–$93,197,000 –$58,109,000

2012:

–$123,824,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2015

27826_W 130-132_2015 Stat Issue Provincial.indd 130

15-06-02 9:59 AM

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Designed for business owners, the Select Series provides comprehensive commercial product packages with optional coverages offered at an exceptional value. Contact your Wawanesa Insurance representative to learn about our innovative solutions.

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