2010 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
the insurance industry’s social network
2010 STATISTICAL ISSUE Déjà Vu All Over Again By GlENN McGIllIVrAy
JUNE 2010 A Business Information Group Publication #40069240
pg4,6ContentsMarch_v1_DG_VM
3/10/09
3:11 PM
Page 4
VOL. 77,76, NO.NO.3, 6, JUNE 20102009 VOL. MARCH PROFILE
Index To Company Tables
6, 8
Index To Reinsurance Companies
10
Index To Life Insurance Companies
12
Editorial Summary
16
How The Private Companies Rank (Total Business) N.P.W.
32, 34
How The Private Companies Rank (Property) N.P.W.
38
How The Private Companies Rank (Automobile) N.P.W.
40
2009 Underwriting Results Table — General Companies 12 Navigating Risk Total Direct Written Business By Province Marilyn Leonard and — Elizabeth
42, 44, 45 46, 48, 49
(Betty) Direct WrittenClarke, Auto — co-chairs By Province of the
50, 52
Risk and Insurance Five2009 Year Record By Classes
Management Society Canada 2009 Reinsurance Results Table Conference, say this year’s 2009 Underwritingwill ProfitbeProducers conference featuring a Maritime theme a broad 2009 Underwriting Loss and Producers selection of educational Direct Written Property — By Province seminars.
53 54 59 59 56, 58
Senior Publisher
Senior StevePublisher Wilson Steve Wilson steve@canadianunderwriter.ca steve@canadianunderwriter.ca (416) 510-6800 (416) 510-6800 Editor
David Gambrill Editor david@canadianunderwriter.ca Cathy Donaghy (416) 510-6796 cathy@canadianunderwriter.ca (416) 510-6840
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2009 BYTotal DAVIDInsurance GAMBRILL In Canada By Nationality Of Company
68
2009 Automobile Insurance In Canada By Nationality Of Company
68
2009 PropertyFOCUS Insurance In Canada By Nationality Of Company SPECIAL
68
2009 Total Insurance In Canada By Type Of Company
69
2009 Automobile Insurance In Canada By Type Of Company
69
2009 Insurance In Canada By Type Of Company 10Property Marketplace
69
2009 Remaining Coverages In Canada By Type Of Company
69
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Editorial
66 Moves & Views
2009 Reinsurance Companies Results
116
2009 Provincial Government Insurers
126
2009 Life Insurance In Canada
127
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LEADING COMPANIES — DIRECT WRITTEN BASIS
Accident & Sickness
66 Legal Expense
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Aircraft
67 Liability
67
Boiler & Machinery
66 Marine
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Credit
66 Other Approved Products
66
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66 Surety
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66 Title
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Hail
66
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LEADING COMPANIES IN THE PROVINCES — DIRECT WRITTEN PREMIUMS
Total Business
60, 61
Property
62, 63
Automobile
64, 65
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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
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COMPANY INDEX ACE INA Insurance
70
Great American Insurance Company
88
Affiliated FM Insurance Company
70
Green Shield Canada
88
Alberta Motor Association Insurance Company
70
The Guarantee Company of North America
88
Allianz Global Risks US Insurance Company
72
Hanover Insurance Company
90
Allstate Insurance Company Of Canada
72
Hartford Fire Insurance Company
90
American Bankers Insurance Company of Florida
72
ICAROM PLC
90
American Road Insurance Company
74
Industrielle Alliance Compagnie D’Assurances Generales
92
Antigonish Farmers’ Mutual Fire Insurance Company
76
Intact Financial Corporation
90
Arch Insurance Company
74
Jevco Insurance Company
92
Aviva Canada Inc.
74
The Kings Mutual Insurance Company
92
AXA Canada Inc. - Group of Companies
72
Legacy General Insurance Company
94
The Boiler Inspection & Insurance Company Of Canada
74
Liberty Mutual Insurance Company
92
British Aviation Insurance Company Limited
76
Lloyd’s Underwriters
94
CAA Insurance Company (Ontario)
76
Lombard Canada Group
96
Canadian Direct Insurance
76
Lumbermens Mutual Casualty Company
94
La Capitale Compagnie D’Assurance Generale
77
Lumbermen’s Underwriting Alliance
94
Chartis Insurance Company of Canada
78
Markel Insurance Company Canada
96
Centennial Insurance Company
80
Mennonite Mutual Fire Insurance Company
95
Chubb Insurance Company of Canada
78
Mitsui Sumitomo Insurance Company Limited
95
Clare Mutual Insurance Company
78
Motors Insurance Corporation
95
CNA Canada Group
77
The Mutual Fire Insurance Co. Of British Columbia
95
National Liability & Fire Insurance Company
98
Coachman Insurance Company
105
The Commonwealth Insurance Company
96
Northbridge Financial Corporation
96
Co-operative Hail Insurance Company Limited
78
North Waterloo Farmers Mutual Insurance Company
98
Co-operators General Insurance Company
80
Old Republic Insurance Company of Canada
98
Cumis General Insurance Company
80
Omega General Insurance Company
99
Desjardins General Insurance Group
80
Ontario Mutual Insurance Association
99
The Dominion Of Canada General Insurance Company
82
Ontario School Board’s Insurance Exchange
99
Eagle Star Insurance Company Limited
82
Optimum General Inc.
99
Echelon General Insurance Company
82
Pacific Coast Fishermen’s Mutual Marine Insurance Company
100
The Economical Insurance Group
82
Pafco Insurance Company
100
Employers Insurance Company Of Wausau
84
Peace Hills General Insurance Company
100
Le Groupe Estrie-Richelieu Compagnie D’Assurance
86
Pearl Assurance PLC
101
Euler Hermes American Credit Indemnity Company
84
P.E.I. Mutual Insurance Company
100
Everest Insurance Company Of Canada
84
Pembridge Insurance Company
101
Factory Mutual Insurance Company
84
Pool Insurance Company
101
Federated Insurance Company Of Canada
98
The Portage La Prairie Mutual Insurance Company
101
First Canadian Title
86
The Insurance Company Of Prince Edward Island
105
GCAN Insurance Company
86
RBC General Insurance Company
102
Gore Mutual Insurance Company
88
RBC Insurance Company of Canada
Grain Insurance & Guarantee Company 6
86
102 (Continued On Page 8)
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
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COMPANY INDEX
(Continued From Page 6)
Red River Valley Mutual Insurance Company
102
TIG Insurance Company
110
RSA Canada Group
102
The Tokio Marine & Nichido Fire Insurance Company Limited
110
St. Paul Fire and Marine Insurance Corporation
108
Travelers Guarantee Company of Canada
111
Saskatchewan Mutual Insurance Company
104
Trisura Guarantee Insurance Company
111
SecuriCAN General Insurance Company
104
Triton Insurance
111
Security Insurance Company of Hartford
104
L’Unique Compagnie D’Assurances Generales
111
SGI Canada
105
Utica Mutual Insurance Company Limited
112
SGI Canada Group
104
Virginia Surety Company Inc.
112
SGI Canada Insurance Services
105
The Wawanesa Mutual Insurance Company
112
Sompo Japan Insurance Inc.
106
Western Surety Company
112
The Sovereign General Insurance Company
106
XL Insurance
114
SSQ, Societe D’Assurances Generales Inc.
106
York Fire & Casualty Insurance Company
114
State Farm Fire & Casualty Company
108
Zurich Canada
114
State Farm Insurance Company
108
State Farm Mutual Automobile Insurance Company
108
Stewart Title Guaranty
106
TD Insurance
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110
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110
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REINSURANCE COMPANIES Alea (Bermuda) Ltd.
116
Promutuel Reassurance
122
American Agricultural Insurance Company
116
Scor Canada Reinsurance Company
122
Aspen Insurance UK Limited
116
Swiss Reinsurance Company Ltd.
124
Caisse Centrale de Reassurance
116
Swiss Reinsurance Group
124
Cousee Re
118
T.H.E. Insurance Company
125
Endurance Reinsurance Corporation Of America
118
The Toa Reinsurance Company of America
125
Everest Reinsurance Company
118
Transatlantic Reinsurance Company
125
Farm Mutual Reinsurance Plan
118
Westport Insurance Corporation
124
General Reinsurance Corporation
119
White Mountains Re America
125
Hannover Ruckversicherung AG
119
XL Reinsurance America, Inc. Canadian Branch
126
MAPFRE Re Compania De Reeaseguros, S.A.
119
Munich Reinsurance America Inc
119
Munich Reinsurance Company Of Canada
120
Munich Reinsurance Canada Group
120
Nipponkoa Insurance Company Limited
120
Odyssey America Reinsurance Corporation
120
Paris Re
122
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122
PROVINCIAL GOVERNMENT INSURERS Saskatchewan Auto Fund
126
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LIFE INSURANCE COMPANIES Aetna Life Insurance Company
127
SCOR Global Life
128
American Health & Life Insurance Company
127
State Farm International Life Insurance Company Ltd.
128
Assurant Life of Canada
127
Sun Life Assurance Company Of Canada
128
AXA Assurances Inc.
127
Transamerica Life Insurance Company Of Canada
129
Canadian Premier Life Insurance Company of Canada
127
L’Union-Vie, compagnie mutuelle d’assurance
129
Canassurance, compagnie d’assurance-vie inc.
127
The Wawanesa Life Insurance Company
129
Cigna Life Insurance Company Of Canada
127
Combined Insurance Company of America
127
Connecticut General Life Insurance Company
127
Faithlife Financial
127
General American Life Insurance Company
128
Gerber Life Insurance Company
128
Hartford Life Insurance Company
128
Life Insurance Company Of North America
128
Primerica Life Insurance Company Of Canada
128
Reliable Life Insurance Company
128
RGA Life Reinsurance Company Of Canada
128
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UNDERWRITING PROFIT/LOSS IN CANADA 1999-2009 PROPERTY/CASUALTY COMPANIES
LICENSED REINSURERS
+3366.4
+2720.6
+2381.8
+2374.4
+232.7
+248.2
+172.9 +116.4
+29.4
+90.0 2008 1999
2000
2001
2002
2003
2004
2005
2006
2007
-82.5
2009 -3.3
2008 1999
2000
2001
2002
2003
2004
2005
2006
2007
–18.3
2009
-58.9
-76.6
-184.8 -871.9
-223.2
-1339.0
-1396.0
-1940.6
-3117.9
All profits and losses indicated in millions of dollars
14
All profits and losses indicated in millions of dollars
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
12/7/09
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DÉJÀ VU ALL OVER AGAIN Like the movie Groundhog Day, Canada’s p&c insurers tend to get stuck in a perennial vicious circle of inadequate pricing, big hits on the auto side, volatile investment returns, growing cat losses and overcompetition. By Glenn McGillivray ManaGinG Director, institute for catastrophic loss reDuction
16 16 canadian underwriter statistical issue June 2010
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
CUW-Stat-2010 press.pdf
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cover story
Déjà Vu All Over Again
Glenn McGillivray
Managing Director, Institute for Catastrophic Loss Reduction Winmar-CC-Mag-Feb2010:CC
half-pg
For most people in this part of the world, time is time. A day is a day, a week is a week, a month is a month and a year is a year. In Western society we tend to take these methods of temporal measure for granted. But we shouldn’t because time means different things to different people, largely because it is conceptualized differently depending on where you are and to whom you speak. ad 2/11/2010 10:32 PM Page 1
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Essentially, there are two main theoretical ways of viewing time: the Abrahamic (i.e. Christian/Jewish/ Muslim)-based practice of time as a linear phenomenon, and the pantheistic (i.e. where the universe and God are viewed as one in the same) view of time as a cyclical phenomenon. With the former, time constantly marches forward; it does not speed up at times or slow (though often it seems to), it does not go backward, and it does not repeat. Time is infinite, and we move forward with the sole intent of improving our collective lot in life as we go; as time advances, we work to advance society. With the latter, time is a circle or a spiral. Here, time does not plod on, it is static, and we move through time like we may move through a valley. Further, the same events will repeat themselves in one form or another. Under this paradigm, because of the notion of cyclicality, there is no goal to progress or advance society; here, we are all just spectators, bystanders if you will. Think the pantheistic view of time is ridiculous? Soft markets, weak results, auto reform, catastrophe losses. Heard it before? Industry results PACICC – the Property and Casualty Insurance Compensation Corporation – notes in its 2009 annual report that results for the Canadian p&c industry continued to weaken in 2009 as insurers headed deeper into the challenging part of the insurance cycle: “Indeed, adjusted for the release of auto insurance reserves in Alberta, return on equity and the industry combined ratio were at their worst levels since 2002.” It noted that accident year data will eventually confirm that claims costs grew faster than premiums. “Increases in claims costs were largely related to Ontario auto insurance and catastrophe losses in property. Further a series of decisions by the courts and government will have an uncertain impact on the industry’s operating environment during 2010.”
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
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cover story
Déjà Vu All Over Again According to PACICC, while no Canadian carriers became financially distressed in 2009 as a result of either subprime-related investments or the
turmoil of the financial markets, going forward into 2010, interest rate risk is elevated: “The consensus forecast among bank economists foresees a
Summary Ratios
CombinedȱRatio
2009
2008
100.9%
101.4%
LossȱRatio
71.0%
71.3%
ExpenseȱRatio
29.9%
30.1%
ROI
4.3%
3.8%
ROE
7.1%
5.9%
10.8%
Ȭ3.5%
232.3%
220.9%
Changeȱinȱequity MCT
GAAPȱReporting Source:ȱIBCȱwithȱdataȱfromȱMSA
3
First On Site gradient.indd 2-3
full percentage point increase in interest rates. The correlation (73 percent) between such interest rate volatility and insolvency is high. Since 1970, interest rates have moved a full percentage point 19 times and an insurer failed in a majority of those years.” Overall, PACICC noted, industry underwriting profitability was down in 2009, driven by worsening loss ratios in many lines of business. Since 2007, the growth in claims costs has exceeded the growth in premiums. This has eroded the positive underwriting performance that occurred during the 2003 to 2007 period. In the key auto insurance segment, which represents nearly half of the industry by premium volume, PACICC noted that premiums in 2009 increased on par with claims costs. “This insurance cycle differs from the previous one in that claims costs have been stable or declining modestly in the liability segment of the automobile insurance product,” it said.
Auto reform According to PACICC, the accident benefits (AB) component of the auto insurance product – specifically in Ontario – has been worse than that of the previous cycle with the industry average accident benefit loss ratio exceeding 130 percent: “After stable or declining rates in 2007 and 2008, insurers began increasing rates during 2009. Entering 2010, risk in this segment remains as claims growth continues to exceed that of premium growth.“ In 2009, there was significant movement in the two key auto markets in the country, Alberta and Ontario. In December, the auto product situation in Alberta was clarified when the Supreme Court of Canada upheld Alberta’s $4,000 cap on minor auto injuries when it dismissed the application for leave to appeal the Alberta Minor Injury Regulation (MIR). This follows a previous decision in February 2008 where the MIR cap on non-
pecuniary damages for minor injuries was struck down as unconstitutional. In June 2009 the Alberta Court of Appeal overturned the decision made by the
lower court and the decision was subsequently appealed to the Supreme Court of Canada. The decision effectively closed the final avenue for appeal
Variability of ROE within the Industry
25% 21.4%
15%
5%
15.1%
6.6%
21.9%
22.0% 19.4%
13.7%
13.6%
7.3%
8.0%
12.5%
12.1%
12.3%
7.1%
7.2%
7.5%
Ȭ0.5%
1.7%
Ȭ5% 2004
2005
2006
2007
2008
2009
GAAPȱReporting Source:ȱIBCȱwithȱdataȱfromȱMSA
5
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wicc 19/02/10 5:00 PM
cover story
Déjà Vu All Over Again against an important component of the province’s 2004 auto reforms. In Ontario late last year, the Ontario Ministry of Finance released a package of reforms to the Ontario auto product that observers hope will help limit potential future claims growth. According to Barbara SulzenkoLaurie, IBC’s vice president of policy, at Swiss Re’s 25th annual Statistical Breakfast in Toronto March 30, the reforms may have come too late. She
noted that Canadian p&c insurers writing Ontario auto lost $907 million in 2009 and that the continued escalation of the “excesses and abuses” of Ontario’s no-fault SABS system resulted in a 23.5 percent increase in the direct loss ratio in AB lines. From 2008 to 2009, she noted that the loss ratio increased from 124 per cent to 148 percent. Ontario introduced the new regulations on March 2, 2010 and the
Underwriting Performance Adjusted for for Reserves
2.00
$ȱBillion
1.00 0.00 Ȭ1.00 Ȭ2.00
Ȭ$1.74
Ȭ3.00
Ȭ$2.77
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
“The notion that events repeat themselves and that we are all essentially innocent bystanders in the process implies that players in the p&c segment are at the mercy of some sort of mystical universal force that directs the fortunes of the industry. But things like bad underwriting and investment decisions, over-concentration of business, poor risk management, rapid growth, expansion into ill-understood lines of business and the like don’t just happen. We make them happen.”
GAAPȱReporting Source:ȱIBCȱwithȱdataȱfromȱMSA
8
Direct Loss Ratio by Line
100% 2008 75%
74%
77%
74% 65%
2009
76%
62%
59%
65%
70%
69%
50%
25%
0% PȱProp
CȱProp
Autoȱ
Liability
Totalȱ
GAAPȱReportingȱ Source:ȱIBCȱwithȱdataȱfromȱMSA
15
22
22 canadian underwriter statistical issue June 2010
changes will become effective on September 1. According to a Financial Services Commission of Ontario bulletin released on March 3 of this year (No. A-01/10, Changes to Automobile Insurance Regulations), the new SABS will include the following changes: • Capping medical/rehabilitation and assessment/examination expenses for minor injuries to $3,500. • Replacing the existing Pre-Approved Framework Guideline for Grade I and II Whiplash Associated Disorders with a new Minor Injury Guideline for accidents occurring on or after September 1, 2010. • Providing standard medical and rehabilitation coverage for non-catastrophic claims of $50,000, with optional coverage of $100,000 or $1,100,000.
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
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Déjà Vu All Over Again • Offering standard attendant care coverage for non-catastrophic claims of $36,000, with optional coverage of $72,000 or $1,072,000. • Supplying optional caregiver, housekeeping and home maintenance benefits for non-catastrophic claimants. • Capping each assessment to $2,000 – this applies for all assessments, whether they are requested by the claimant or insurer. • Providing payment for in-home
assessments only to claimants who have sustained more than a minor injury. • Eliminating rebuttal examinations. • Offering $2,500 for accounting reports to support income replacement benefits claims. • Merging treatment plans and applications for approval of assessments or examinations into one process. • Providing adjusters with discretion in the use of insurer examinations.
Auto Direct Loss Ratios by Province 100%
2008
91%
2009
84% 75%
75% 64%
61%
64%
61% 52%
50%
62%
60% 55%
54% 42%
39%
25%
0% NL
PEI
NS
NB
QC
ON
AB
GAAPȱReporting Source:ȱIBCȱwithȱdataȱfromȱMSA
16
Direct Loss Ratios in Ontario
150% 125%
2
ȱpp 3. 5
Autoȱlossȱestimatedȱtoȱbeȱ $907ȱmillionȱinȱ2009
148%
124%
2008
100% 84%
2009
91%
75%
77%
81%
50% 25% 0% AutoȱPA
AutoȱTotal
AllȱLines
GAAPȱReporting Source:ȱIBCȱwithȱdataȱfromȱMSA
17
24
24 canadian underwriter statistical issue June 2010
• Creating a definition for “incurred expense”. • Simplifying and consolidating the rules that govern claims processing. • Eliminating a number of approved forms. Reinsurance According to MSA’s Joel Baker: “Reinsurer results stayed level despite increases in assumed business of 10.6 per cent. The 2009 combined ratio came in at 98.7 percent which is identical to the 2008 result…Reinsurers were hammered by property losses in 2009 primarily from a series of midsized catastrophes that hit Canada during the year. the growth in assumed business can be partially attributed to capital relief that primary insurers sought out during 2008 renewal season amid the financial upheaval that occurred then. Since that time, the financial markets have calmed down and primary insurer financials have stabilized, leading us to believe that the growth the reinsurers experienced was short lived.” Aon-Benfield noted in its annual market survey that key issues in Canada at January 1 renewals were the release of Risk Management Solutions’ v9 seismic model which increased PMLs by 35 to 40 percent on average in Western Canada. According to the reinsurance intermediary, “Most companies increased their catastrophe limit and we estimate that the Canadian market purchased between $2.5 and $3 billion of additional catastrophe capacity for 2010. Pricing was generally stable to up slightly. Any increases were primarily based on loss activity and/or PMLs that grew over and above the impact of the RMS model change.” The broker noted that capacity was adequate but not abundant: “Property per risk treaties were impacted by a significant increase in both frequency and severity of losses in 2009. The results of many programs ended in a deficit position leading to a much harder market at renewal as reinsurers tried to recoup their losses. Casualty programs experienced a relatively
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Project1:Layout 1 5/5/10 1:58 PM Page 1
cover story
Déjà Vu All Over Again stable renewal with respect to both price and coverage.” Competitor Guy Carpenter noted that in Canada at 01/01 renewals
showed a slight softening of rates. “For working layers, much depended on the reinsured’s loss activity. Property per risk covers with little or
Importance of Ontario Auto DirectȱPremiumsȱEarned
RESTȱofȱ Canadaȱ 53%
AUTOȱisȱ responsibleȱ forȱ57%ȱofȱ ALLȱDEPȱinȱ Ontario
Ontario 47%
GAAPȱReporting Source:ȱIBCȱwithȱdataȱfromȱMSA
18
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“Indeed, basement flooding is a major concern for many (if not most) urban municipalities – and, thus, insurers – in Canada. Increases in the frequency and intensity of heavy rainfall events exacerbated by rising urbanization, deteriorating infrastructure and climate change will increase basement flood risk in the future. Effective management of flood risks requires improving sewer infrastructure, and also the cooperation of more informed homeowners.” no loss activity averaged reductions of 3 percent to 6 percent. Greater loss activity pushed rates up on average 5 percent to 10 percent. Casualty programs’ working and clash layers were generally flat, again depending on loss activity. If there were significant losses, working layers increased 3 percent to 5 percent. Clash layers were flat to declining 3 percent.” Regarding the new RMS release, Guy Carpenter estimated that an additional $2 billion to $3 billion of catastrophe capacity was purchased at renewal. The broker maintains that this occurred “because the changes to RMS’s earthquake model caused an increase in companies’ British Columbia probable maximum loss by 30 percent to 50 percent.”
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Déjà Vu All Over Again Guy Carpenter reported that catastrophe rates increased from 5 percent to 10 percent for programs with losses and generally declined 3 percent to 6 percent without losses. “Generally, rates were pushed this year to confine the level of oversubscription that has been typical of the market (for property per risk and cat business) for the past few years. This continued to occur in part because of the continuing trend of foreign-controlled insurers to incorporate
some or all of their Canadian property and cat exposures within global reinsurance programs controlled by the parent. This practice left a preponderance of long tail exposure in the domestic reinsurance market without the potentially desirable and diversifying short tail exposures.” Last year in this space, one facultative casualty underwriter was quoted as saying, “As far as the market overview is concerned, I think we are in transitional
Personal Property Direct Loss Ratios by Province
2008
2009
100% 75% 50% 25% 0% NL
PEI
NS
NB
QC
ON
MB
SK
AB
BC
GAAPȱReporting Source:ȱIBCȱwithȱdataȱfromȱMSA
20
Personal vs. Commercial Lines Insurers
PersonalȱLinesȱ Insurers
CommercialȱLinesȱ Insurers
CombinedȱRatio
105.3%
86.8%
LossȱRatio
75.5%
58.0%
ROI
3.8%
4.7%
ROE
3.5%
13.2%
ChangeȱinȱEquity
15.9%
4.4%
Companiesȱwithȱmoreȱthanȱ50%ȱDWPȱinȱeachȱsubgroup
Lloyd’sȱIncluded Source:ȱIBCȱwithȱdataȱfromȱMSA
21
28
28 canadian underwriter statistical issue June 2010
casualty market, it has not hardened, but is expected to be on the verge of hardening, if not later this year then in 1st quarter 2010. So, at the current time most accounts are being renewed with ‘as-is’ terms and pricing, although there are still accounts seeing price and rate decreases typically in the 5 to 15 percent range. The market remains competitive, particularly AIG, who are protecting their business at all costs and Lloyds and the London market are very competitive.” Musing that he thought, perhaps, that his timing was off, of 2009 he noted: “I still think we are in a transitional market and hope we will see things start to tighten later this year, if not very early in 2011 as the Canadian economy continues to improve and outperform the U.S. economy. Right now we are witnessing a very undisciplined casualty market, on the one hand, renewing ‘as-is’ is fairly typical, but on the other hand there are accounts being moved by primary brokers for as little as a 5 percent premium difference. So it is a very competitive environment right now. New players are pricing Canadian casualty business very aggressively, including many London market carriers. Average rate decreases remain in the 5 percent to 15 percent range. My sense is that the tightening will start in the tougher liability lines, like long haul trucking and spread to other casualty classes. I think this will not be a strong market correction, rather a brief flurry where rates may go up by up to 25 percent and then competition will creep back in and the long soft cycle will be back all too soon.” Catastrophes The year in review proved to be a heavy one from a catastrophe loss standpoint. Internationally, even with the absence of any major north Atlantic hurricanes, catastrophe losses came in at USD22 billion, the 11th worst year on record according to Swiss Re. Domestically, Canada got its share, with very close to a cool $1 billion in losses, the second such time in four
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
cover story
Déjà Vu All Over Again The Insurance Bureau of Canada (IBC) reported that an F2 tornado in Mont Laurier, Quebec on August 4 caused an estimated $6 million in damage. In the Atlantic provinces, Hurricane Bill caused an estimated $10 million on August 23 and Tropical Storm Danny caused about $25 million on August 29, according to Aon Benfield. Hailstorms in southern Manitoba from August 13 to 15 caused an
heaD OFFiCe Paul Davis Systems Canada · Ken Robinson · 416-299-8890 PDS of Belleville Howard Carveth 613-392-3338 PDS of Brampton/ Guelph Paul Gresham 905-796-6100 PDS of Brantford/ Woodstock Peter Overgaauw 519-751-1900 PDS of Cornwall Brendan Shoniker 613-936-1818 PDS of Durham Region Dave Ronson 905-666-7744 PDS of Etobicoke Russ Toering 416-626-7371 PDS of Halton/ HamiltonWentworth Paul Suddes 905-333-9288 PDS Huron-Perth Alan Berdan 519-482-7371 PDS of Kingston Doug Smith 613-531-7962 PDS of KitchenerWaterloo Glenn Wilkinson 519-570-0438 PDS of London Richard Berardi 519-685-9595 PDS of Mississauga Erwin Pototschnik 905-270-3399 PDS of Muskoka Norm Miners 705-645-5745 PDS of Niagara/ Haldimand Ron Souter 905-984-8200
PDS of North Bay and Nipissing Bob Clarke 705-494-1000 PDS of Orillia Stephane de Caen 705-325-8003 PDS of Ottawa Rick Green 613-822-2734 PDS of Owen Sound Richard Lauzon 519-376-8022 PDS of Peterborough and Kawartha Lakes Clint Hoyle 705-799-7777 PDS of Renfrew County Dean Fuisz 613-732-2335 PDS of Sarnia/ Lambton Marco Fracalanza 519-336-2000 PDS of Sault Ste. Marie Dave Ferguson 705-949-9631 PDS of Simcoe County Stephane de Caen 705-458-8001 PDS of Sudbury Manitoulin Eddie Burritt 705-522-3312 PDS of Thunder Bay Grant Murdoch 807-344-7566 PDS of Timmins and the Claybelt Ron Beaudry 705-360-1124 PDS of Toronto Carmen Siciliano 905-856-5737
PDS of Windsor and Essex County Bruce Jaques 519-776-4567 PDS of York Region Stacey Wicks 905-856-5737
British COlumBia PDS of South Vancouver Art Unruh 604-501-9992
alBerta PDS of Calgary John Hill 403-293-2200 PDS of Edmonton Marcel Lefebvre 780-454-4047 PDS of Red Deer Greg Davey 403-342-4666
saskatChewan PDS of Saskatoon Ken Spetz 306-374-7000
manitOBa PDS of Winnipeg Dale Dublin 204-586-1684
QueBeC SPD Charlesbourg Frédéric Langlois 418-653-6666 SPD des Laurentides Sylvain Marchand 450-226-8484 SPD de L'Outaouais Roch Gauthier 819-772-4040 SPD de Laval Inc. Eric Melancon 450-434-5858 SPD Montréal (Est) Stéphane Giroux 514-644-9955
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maritimes PDS of Fredericton Wayne Brown 506-457-9074 PDS of Moncton Chris Shannon 506-382-8285 PDS of Northeast New Brunswick Daniel Albert 506-826-3688 PDS of Northwest New Brunswick Marc Morin 506-473-4555 PDS of Saint John Micheal Hunter 506-633-1108 PDS of PEI Randy Benjamin 902-436-5960 PDS of St. John’s Chris Winsor 709-747-2648 PDS of Western Newfoundland Robin Sullivan 709-686-0726 PDS of Halifax/ Dartmouth Nelson Higgins 902-481-0874 PDS of New Glasgow Jeremy Sutherland 902-695-3223 PDS of Cumberland/ Colchester John Stoker 902-597-2155 PDS of Cape Breton Terry Shannon 902-567-3377
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years, as 2005 came in with like-numbers. All-in-all, cat losses added 2.4 points to the industry’s combined loss ratio for property last year, according to PACICC. As is usually the case, the country was hit by several relatively small events last year. Among these was a February 2 snowstorm in Ontario, which caused an estimated $25 million in insured damage, according to Aon Benfield.
estimated $50-$75 million in damage (mostly crop hail), Aon Benfield says. The Canadian Crop Hail Association commented on August 28 that storms produced hail around Niverville, Hamiota, Lasalle, Starbuck, Brandon, Miniota, Birtle, Somerset, Deloraine, Hartley, Melita, Boissevain, Oak River and Notre Dame De Lordes, and baseball-sized hail hit areas near Lasalle and Brandon, causing 100 percent crop loss in the heart of the storm. Moving up in scale, eighteen confirmed tornadoes – a record for the most in one day in Canada – tore across Southern Ontario on August 20, resulting in the tragic death of a young boy in Durham and damage to some 600 homes in Vaughan, just north of Toronto. Damage, concentrated largely in Woodbridge and Maple, was widespread, including smashed cars, utility poles and buildings. IBC pegged the insured damage at more than $76 million, a number that may appear low to many given the perceived size of the event. Just as occurred in 2005 with the August 19 ‘Freaky Friday’ event in the GTA and storms in Alberta, two events alone caused the lion’s share of the insured damage in 2009. On July 26 more than 100 millimetres of rain in under three hours inundated parts of Hamilton, Ontario, flooding thousands of basements – particularly in the city’s east end. Aon Benfield notes that providing accurate estimates of insured damage for this event is difficult, since many insurers suffered aggregate damage that fell within their retentions. The reinsurance intermediary estimated insured damage of $100 to $150 million. Other sources have put the range between $200 million and $300 million, and even as high as $325 million. IBC, however, pegs the damage figure at $196 million. The final numbers may not be known for some time. Just a few days later, from August 1-3, major wind and hail in Alberta caused more than $365 million in insured damage, according to IBC. Other sources place the insured
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How The Private Companies Rank (Total Business) N.P.W. (Excluding Life & Purely A&S Companies) % Of Market
2009 N.P.W.
2008 N.P.W.
% Change
1. Intact Financial Corporation .................... 11.15
4,151,289,000
4,072,139,000
2. Aviva Canada Inc .................................... 8.65
3,222,686,000
3,138,651,000
1.94 2.68
3. TD Insurance ........................................... 5.64
2,100,279,000
1,894,783,000
10.85
4. Co-operators General Insurance ............ 5.64
2,099,371,000
2,023,403,000
3.75
5. State Farm Insurance Company ............. 4.91
1,827,768,000
1,679,940,000
8.80
6. RSA Canada Group ................................ 4.89
1,820,486,000
1,732,533,000
5.08
7. AXA Canada Group Of Companies ........ 4.78
1,781,103,000
1,608,275,000
10.75
8. The Economical Insurance Group........... 4.69
1,747,468,000
1,862,711,000
–6.19
9. Lloyd’s Underwriters ............................... 4.64
1,729,476,000
1,630,629,000
6.06
10. Wawanesa Mutual Insurance Co ............ 4.55
1,694,037,000
1,554,461,000
8.98
11. Desjardins General Ins Group ................. 3.95
1,471,075,000
1,434,612,000
2.54
12. The Dominion Of Canada........................ 3.03
1,128,003,000
1,047,757,000
7.66
13. Northbridge Financial Corp ..................... 2.80
1,042,176,000
1,084,986,000
–3.95
14. Chubb Insurance Co of Canada ............. 1.63
607,834,000
575,132,000
5.69
15. Zurich Insurance Company Ltd .............. 1.56
579,006,000
615,151,000
–5.88
16. Chartis Insurance Co of Canada ............. 1.54
574,369,000
498,752,000
15.16
17. Allstate Insurance of Canada .................. 1.47
548,775,000
544,411,000
0.80
18. Ontario Mutual Insurance Assoc ............. 1.16
432,620,000
403,697,000
7.16
19. La Capitale Assurances Gen Inc ............. 1.14
423,955,000
406,120,000
4.39
20. SGI Canada Group .................................. 1.07
398,026,000
356,499,000
11.65
21. RBC General Insurance Company .......... 1.03
384,390,000
325,767,000
18.00
22. RBC Insurance Co of Canada ................ 0.83
310,394,000
201,588,000
53.97
23. Green Shield Canada .............................. 0.81
301,959,000
297,414,000
1.53
24. Munich Reinsurance Cda Group............. 0.78
291,861,000
289,581,000
0.79
25. Guarantee Co Of North America ............. 0.70
259,189,000
250,350,000
3.53
26. Gore Mutual Insurance Company ........... 0.65
242,928,000
208,477,000
16.53
27. Alberta Motor Association....................... 0.64
239,485,000
229,567,000
4.32
28. CNA Canada Group ................................ 0.61
225,350,000
237,887,000
–5.27
29. ACE INA Insurance.................................. 0.59
221,255,000
216,451,000
2.22
30. Factory Mutual Insurance Co .................. 0.59
218,564,000
200,944,000
8.77
31. St Paul Fire & Marine Ins Co ................... 0.53
198,602,000
207,581,000
–4.33
32. Jevco Insurance Company ..................... 0.46
171,767,000
203,979,000
–15.79
33. GCAN Insurance Company ..................... 0.43
161,459,000
147,012,000
9.83
34. Portage La Prairie Mutual Ins .................. 0.40
149,329,000
134,369,000
11.13
35. SCOR Canada Reinsurance Co .............. 0.40
148,508,000
87,396,000
69.93
36. SSQ, Societe d’assurances Gen............. 0.39
144,707,000
121,921,000
18.69
37. Allianz Global Risks US ........................... 0.39
143,586,000
130,462,000
10.06
38. Swiss Reinsurance Group ....................... 0.37
137,496,000
143,715,000
–4.33
39. National Liability & Fire Ins ...................... 0.37
136,268,000
42,813,000
218.29 34.09
40. Everest Reinsurance Company ............... 0.37
136,057,000
101,469,000
41. CAA Insurance (Ontario).......................... 0.35
130,203,000
124,077,000
4.94
42. Motors Insurance Corporation ................ 0.35
129,376,000
209,219,000
–38.16
43. Industrielle Alliance Co ............................ 0.35
128,683,000
116,894,000
10.09
44. York Fire & Casualty Ins Co .................... 0.34
128,172,000
77,677,000
65.01
45. Travelers Guarantee Co of Cda .............. 0.34
127,557,000
144,616,000
–11.80
46. Transatlantic Reinsurance Co ................. 0.32
119,105,000
88,261,000
34.95
47. First Canadian Title ................................. 0.31
114,833,000
126,367,000
–9.13
48. Echelon General Insurance Co ............... 0.30
112,326,000
136,341,000
–17.61
49. Peace Hills General Insurance ................ 0.30
111,717,000
111,297,000
0.38
50. Promutuel Reassurance .......................... 0.30
110,913,000
88,630,000
25.14
51. Canadian Direct Insurance ...................... 0.29
109,571,000
100,205,000
9.35
52. Pembridge Insurance Company ............. 0.29
109,367,000
114,669,000
–4.62
53. Liberty Mutual Insurance Co ................... 0.29
109,236,000
104,138,000
4.90
54. Farm Mutual Reinsurance Plan ............... 0.29
107,826,000
146,299,000
–26.30
55. Partner Reinsurance Europe Ltd ............. 0.28
103,292,000
104,629,000
–1.28
56. Hannover Ruckversicherung AG ............. 0.27
100,785,000
93,389,000
7.92
57. L’Unique Assurances Generales ............. 0.26
97,205,000
91,880,000
5.80
58. American Bankers of Florida ................... 0.25
94,156,000
94,585,000
–0.45
59. Boiler Inspection & Insurance ................. 0.24
90,670,000
89,935,000
0.82
(Continued On Page 34) 32
32 canadian underwriter statistical issue June 2010
damages from this event in the neighbourhood of $500 million, which would make it the second-most-costly natural catastrophe loss in Canadian history (pushing the August 19, 2005 GTA event to third place). In Alberta, one person was killed and 15 were injured — four critically — when high winds knocked down a stage at the Big Valley Jamboree in Camrose on August 1, 2009. The winds were also blamed for the death of a three-year-old girl in downtown Calgary after corrugated sheet metal fell from a construction site onto a family walking on 9 Avenue SW. Her father and seven-year old brother were sent to hospital with serious injuries. The strongest reported winds were clocked at 141 km/h at Three Hills and 125 km/h at Red Deer. Subsequently, overnight Sunday and into the wee small hours Monday, vicious winds clocked at 107 km/h, lightning and hail wracked Calgary and area, leaving a swath of downed trees, shattered windows and hail damage. According to David Phillips of Environment Canada, hail inside the main zone reached baseball size. In some places, hail measured 10 centimetres deep. Water losses According to PACICC, the disaster losses of 2009 highlight the impact of climate risks on the industry and a changing understanding of claims cost trends: “The very nature of claims costs in property coverages trends is changing. Historically, property insurance had been synonymous with fire insurance. However, since 2004, weather related (water and wind) claims costs have exceeded those of fire to become the largest source of property insurance claim costs.” Indeed, basement flooding is a major concern for many (if not most) urban municipalities – and, thus, insurers - in Canada. Increases in the frequency and intensity of heavy rainfall events exacerbated by rising urbanization, deteriorating infrastructure and climate change will increase basement flood risk in the future.
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
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TRANS Tree 2 AD.indd 1
5/13/10 8:41 AM
(Continued From Page 32)
How The Private Companies Rank (Total Business) N.P.W. (Excluding Life & Purely A&S Companies)
% Of Market
2009 N.P.W.
2008 N.P.W.
% Change
60. XL Insurance ........................................... 0.24
89,729,000
92,738,000
–3.24
61. Optimum General Inc .............................. 0.22
82,884,000
76,947,000
7.72
62. XL Re America Inc - Cdn Branch............ 0.20
72,641,000
90,912,000
–20.10
63. Stewart Title Guaranty Company ............ 0.19
68,976,000
74,142,000
–6.97
64. Aspen Insurance UK Limited .................. 0.18
65,449,000
0
0.00
65. Affiliated FM Insurance Co ...................... 0.17
65,091,000
49,064,000
32.67
66. Pafco Insurance Company ...................... 0.15
54,897,000
53,432,000
2.74
67. North Waterloo Farmers Mutual.............. 0.15
54,526,000
49,382,000
10.42
68. Paris Re ................................................... 0.14
51,802,000
40,779,000
27.03
69. General Reinsurance Corp ...................... 0.14
51,018,000
37,070,000
37.63
70. Red River Mutual..................................... 0.14
50,542,000
45,244,000
11.71 16.54
71. Caisse Centrale De Reassurance ........... 0.12
46,095,000
39,553,000
72. Odyssey America Rein Corp ................... 0.12
45,180,000
43,801,000
3.15
73. Grain Insurance & Guarantee Co ............ 0.11
41,504,000
39,902,000
4.01
74. Saskatchewan Mutual Ins Co ................. 0.11
40,611,000
35,435,000
14.61
75. Toa Reinsurance Co of America ............. 0.10
37,156,000
27,420,000
35.51
76. Arch Insurance (Canada) ......................... 0.10
36,494,000
23,938,000
52.45
77. Old Republic Insurance Company .......... 0.10
35,431,000
31,096,000
13.94
78. Cumis General Insurance Co .................. 0.09
34,087,000
33,097,000
2.99
79. Legacy General Insurance Co ................. 0.09
33,769,000
35,527,000
–4.95
80. Great American Insurance Co ................. 0.09
33,610,000
43,877,000
–23.40
81. Ontario School Board’s Ins Ex ................ 0.09
32,520,000
31,065,000
4.68
82. Le Groupe Estrie-Richelieu Co ............... 0.09
32,231,000
31,263,000
3.10
83. SecuriCAN General Insurance Co........... 0.09
32,059,000
26,647,000
20.31
84. Triton Insurance ...................................... 0.07
26,798,000
166,862,000
–83.94
85. Co-operative Hail Ins Co Ltd .................. 0.07
25,593,000
24,894,000
2.81
86. Tokio Marine & Nichido Fire .................... 0.07
25,345,000
29,364,000
–13.69
87. Trisura Guarantee Insurance Co ............. 0.07
25,003,000
22,157,000
12.84
88. Lumbermen’s Underwriting ..................... 0.06
22,735,000
34,232,000
–33.59 –10.99
89. Mitsui Sumitomo Ins Co Ltd ................... 0.06
22,230,000
24,974,000
90. Mutual Fire Insurance Co of BC ............. 0.05
19,058,000
15,163,000
25.69
91. Euler Hermes American Credit................ 0.05
16,765,000
21,520,000
–22.10
92. Munich Reinsurance America Inc ........... 0.04
14,444,000
14,844,000
–2.69
93. Hartford Fire Insurance Co ..................... 0.04
13,644,000
16,526,000
–17.44
94. PEI Mutual Insurance Company ............. 0.04
13,220,000
12,140,000
8.90
95. MAPFRE Re Compania De Re SA .......... 0.04
13,096,000
12,830,000
2.07
96. Western Surety Company ....................... 0.03
11,992,000
10,688,000
12.20
97. American Agricultural Ins Co .................. 0.03
9,818,000
9,170,000
7.07
98. White Mountains Reinsurance Co .......... 0.02
6,748,000
7,812,000
–13.62
99. Pacific Coast Fishermen’s Mut ............... 0.02
6,070,000
8,268,000
–26.58
100. Kings Mutual Insurance Company .......... 0.02
5,897,000
5,523,000
6.77
101. Mennonite Mutual Fire Ins Co ................. 0.02
5,601,000
5,488,000
2.06
102. Virginia Surety Company Inc................... 0.01
5,417,000
8,210,000
–34.02
103. American Road Insurance Co ................. 0.01
5,005,000
6,853,000
–26.97
104. Sompo Japan Insurance Inc ................... 0.01
4,891,000
4,655,000
5.07
105. Antigonish Farmers’ Mutual .................... 0.01
3,274,000
3,042,000
7.63
106. Omega General Insurance Co................. 0.01
1,993,000
2,269,000
–12.16
107. Pool Insurance Company ........................ 0.00
1,843,000
2,814,000
–34.51
108. Nipponkoa Insurance Co Ltd .................. 0.00
1,170,000
1,407,000
–16.84
109. Clare Mutual Insurance Company .......... 0.00
942,000
956,000
–1.46
110. Security Ins Co of Hartford ..................... 0.00
133,000
0
0.00
111. Endurance Reinsurance Corp Am .......... 0.00
96,000
0
0.00
112. Alea (Bermuda) Ltd ................................. 0.00
42,000
124,000
–66.13
113. T.H.E. Insurance Company ..................... 0.00
19,000
50,000
–62.00
114. Eagle Star Insurance Co Ltd ................... 0.00
12,000
–476,000
–102.52
115. British Aviation Insurance Co .................. 0.00
11,000
–25,000
–144.00
116. Lumbermens Mutual Casualty Co .......... 0.00
1,000
–23,000
–104.35
TOTALS ..................................................
34
34 canadian underwriter statistical issue June 2010
37,235,157,000 35,855,112,000
Effective management of flood risks requires improving sewer infrastructure, and also the cooperation of more informed homeowners. Damages from sewer backup can be extensive. In August 2005, a severe rainfall event in the Greater Toronto Area (GTA) caused extensive overland flood and sewer backup damages, resulting in more than 13,000 sewer backup insurance claims at a value of $247 million. Total damage from the event exceeded $500 million. The City of Edmonton was hit with two severe rainfall events in 2004, resulting in 9,500 sewer backup insurance claims valued at $143 million. Many other communities across Canada have experienced similar loss events, not the least of which was Hamilton this past summer (Ottawa was also hit with significant sewer backups last summer). In this spirit, last June ICLR released its Handbook for reducing basement flooding, which is designed to address the concerns of homeowners, local governments and homeowner insurers of the increasing instances of basement flooding. The handbook provides comprehensive information on how to prevent such a loss from occurring or, at the very least, mitigating the impacts of such an event. The handbook is meant to represent ICLR’s advice on preventing basement flooding. It is a substantial 56 pages in length, although ICLR will in the nearfuture produce a smaller guide that highlights some of the immediate steps homeowners can take to prevent basement flooding. Additionally, municipal governments and insurance companies can use the handbook to produce their own material for homeowners. The threat of fire to property has fallen from top position due to the concerted efforts of the insurance industry, municipal and provincial governments and homeowners to reduce the risk and impact of fire. The hope is that by providing information on basement flooding, ICLR – in partnership with local governments and insurance company members – can make the same happen with water-related claims.
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
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cover story
Déjà Vu All Over Again
Global Natural Catastrophes: Overall and Insured Losses with Trend 300
OverallȱLossesȱ(inȱ2009ȱvalues) InsuredȱLossesȱ(inȱ2009ȱvalues)
U.S.$�Billion
250 200 150
Overallȱ Lossesȱ Trend
100 50
Insuredȱ Lossesȱ Trend
0 1980
1983
1986
1989
1992
1995
1998
2001
2004
2007
Source:ȱBasedȱonȱchartȱbyȱMunichȱReȱwithȱdataȱfromȱGeoȱRisksȱResearch,ȱNatCatSERVICE.
27
Save the Date Xactware User Conference 2011 February 17th and 18th, 2011 Salt Lake City, Utah
For more information or to register, visit www.XactwareUserConference.com
36
36 canadian underwriter statistical issue June 2010
2010 and beyond From a solvency perspective the outlook for the p&c insurance industry for 2010 and 2011 is much weaker, and subject to greater uncertainty than the healthy improvement in performance recorded between 2003 and 2009, says PACICC. “The industry is entering a point in the insurance cycle where history signals an increased risk of insolvency and financial distress. The number of PACICC member insurers reporting underwriting losses has increased significantly, which combined with volatility in financial markets, and the threat of severe weather events represent some of the immediate risks to insurer solvency.” The good news, says PACICC, is that the industry has significantly built up its capital between 2003 and 2007, though there are important variations in capital strength between companies. Also there are important differences in degree of exposure to various risks. Nevertheless, industry-wide measures show that Canada’s p&c insurers are facing the current downturn in the cycle from a position of capital strength. Conclusion The different ways in which time is viewed is fascinating, and may give one much fodder for thought. However, as interesting and thoughtprovoking the pantheistic view of time is, the theory holds one great weakness, at least with regards to how we view time in the Canadian p&c industry. The notion that events repeat themselves and that we are all essentially innocent bystanders in the process implies that players in the p&c segment are at the mercy of some sort of mystical universal force that directs the fortunes of the industry. But things like bad underwriting and investment decisions, over-concentration of business, poor risk management, rapid growth, expansion into ill-understood lines of business and the like don’t just happen. We make them happen. And without this fundamental understanding history will, as Santayana forewarned, indeed repeat.
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
RIMS CANADA CONFERENCE
2010
Edmonton | September 26th - 29th
Plenary Speakers Peter Mansbridge
Sir Salman Rushdie
Last year this recipient of 12
Controversial, provocative, and
Geminis became the only Canadian
celebrated, British-Indian writer
TV journalist to have had a sit-down interview with a working U.S.
Salman Rushdie, 63, is uniquely Photo by Beowulf Sheehan
qualified to address the subject
president – Barack Obama.
of risk.
Leonard Brody
Jeff Rubin
A tech entrepreneur, venture
Canadian economist and energy
capitalist and author, Calgary-born
expert Jeff Rubin came to
Leonard Brody, at just 39, has already
prominence in the early 1990s with
been involved in the building and
his accurate prediction of a decline
financing/or sale of five companies.
in Ontario real estate prices.
Educational Sessions To complement these outstanding speakers, the conference will offer more than 20 concurrent educational sessions designed to appeal to delegates at every level and facet of industry. New this year will be a workshop and plant tour of a world class water treatment plant. Be sure to visit the technology showcase in the Exhibit Hall for the latest in programs and tools to assist risk managers. Early Registration ends August 1st. Visit us at www.rimscanada.ca
Discovery
Ingenuity
Resources
Integrity
Success
How The Private Companies Rank (Property) N.P.W. % Market
2009 N.P.W.
% Market
2009 N.P.W.
1. Intact Financial Corporation ............ 11.34 1,406,367,000
52. Grain Insurance & Guarantee Co ....
0.26
31,882,000
2. Aviva Canada Inc ............................
8.58 1,063,546,000
53. RBC Insurance Co of Canada .........
0.26
31,750,000
3. Co-operators General Insurance .....
6.40
793,474,000
54. North Waterloo Farmers Mutual ......
0.23
28,815,000
4. Lloyd’s Underwriters ........................
5.85
725,817,000
55. Saskatchewan Mutual Ins Co ..........
0.22
27,519,000
654,875,000
56. Odyssey America Rein Corp ...........
0.22
27,395,000
622,948,000
57. Le Groupe Estrie-Richelieu Co ........
0.22
27,007,000
5. Wawanesa Mutual Insurance Co .... 6. AXA Canada Group Of Companies .
5.28 5.03
7. The Economical Insurance Group ...
4.72
585,380,000
58. Canadian Direct Insurance ..............
0.21
26,561,000
8. RSA Canada Group ........................
4.42
548,195,000
59. Pembridge Insurance Company ......
0.21
26,376,000
9. Desjardins General Ins Group .........
4.16
515,920,000
60. XL Re America Inc - Cdn Branch ....
0.21
26,272,000
0.18
22,735,000
10. TD Insurance ...................................
4.05
501,925,000
61. Lumbermen’s Underwriting .............
11. State Farm Insurance Company .....
3.21
397,458,000
62. Aspen Insurance UK Limited ...........
0.17
20,912,000
326,161,000
63. Liberty Mutual Insurance Co ...........
0.15
19,137,000
0.15
18,624,000
12. The Dominion Of Canada ................
2.63
13. Northbridge Financial Corp .............
2.54
314,806,000
64. CAA Insurance (Ontario) .................
14. Chubb Insurance Co of Canada ......
2.13
263,756,000
65. Caisse Centrale De Reassurance ...
0.14
17,790,000
0.14
17,539,000
15. Ontario Mutual Insurance Assoc .....
1.88
233,418,000
66. Mutual Fire Insurance Co of BC ......
16. Zurich Insurance Company Ltd .......
1.61
199,341,000
67. Arch Insurance (Canada) ................
0.12
14,986,000
17. SGI Canada Group ..........................
1.55
192,214,000
68. Jevco Insurance Company ..............
0.11
13,369,000
18. Factory Mutual Insurance Co ..........
1.37
169,482,000
69. Great American Insurance Co .........
0.10
12,508,000
19. Allstate Insurance of Canada ..........
1.23
152,962,000
70. MAPFRE Re Compania De Re SA .
0.10
12,107,000
20. La Capitale Assurances Gen Inc .....
1.13
139,487,000
71. Toa Reinsurance Co of America .....
0.10
12,035,000
21. Munich Reinsurance Cda Group .....
1.07
132,360,000
72. PEI Mutual Insurance Company ......
0.10
11,996,000
22. Chartis Insurance Co of Canada .....
1.06
131,267,000
73. Cumis General Insurance Co ..........
0.09
10,612,000
23. SCOR Canada Reinsurance Co ......
0.83
102,674,000
74. Paris Re ...........................................
0.08
10,235,000
24. Gore Mutual Insurance Company ...
0.79
98,348,000
75. Echelon General Insurance Co .......
0.08
10,026,000
25. National Liability & Fire Ins ..............
0.78
97,252,000
76. Ontario School Board’s Ins Ex ........
0.08
9,984,000
26. Promutuel Reassurance ..................
0.66
81,564,000
77. Motors Insurance Corporation .........
0.08
9,947,000
27. Swiss Reinsurance Group ...............
0.64
79,359,000
78. American Agricultural Ins Co ...........
0.07
8,796,000
28. RBC General Insurance Company ..
0.61
75,559,000
29. Partner Reinsurance Europe Ltd .....
0.59
73,446,000
30. Transatlantic Reinsurance Co .........
0.59
72,956,000
31. Guarantee Co Of North America .....
0.56
68,909,000
32. Portage La Prairie Mutual Ins ..........
0.53
66,005,000
33. Affiliated FM Insurance Co ..............
0.51
63,816,000
34. St Paul Fire & Marine Ins Co ...........
0.51
62,750,000
35. Allianz Global Risks US ...................
0.48
59,009,000
79. Hartford Fire Insurance Co ..............
0.07
8,693,000
80. Triton Insurance ..............................
0.07
8,350,000
81. Munich Reinsurance America Inc ....
0.06
8,046,000
82. Tokio Marine & Nichido Fire ............
0.06
7,992,000
83. Mitsui Sumitomo Ins Co Ltd ............
0.05
6,761,000
84. XL Insurance ...................................
0.05
6,402,000
85. American Bankers of Florida ...........
0.04
5,278,000
86. White Mountains Reinsurance Co ...
0.04
5,262,000
87. Kings Mutual Insurance Company ..
0.04
5,235,000
88. Mennonite Mutual Fire Ins Co .........
0.04
5,180,000
89. Boiler Inspection & Insurance ..........
0.03
3,859,000
90. Old Republic Insurance Company ...
0.03
3,239,000
91. Antigonish Farmers’ Mutual .............
0.02
3,023,000
36. Peace Hills General Insurance ........
0.46
57,090,000
37. ACE INA Insurance .........................
0.45
56,360,000
38. SSQ, Societe d’assurances Gen .....
0.42
52,392,000
39. Everest Reinsurance Company .......
0.42
51,468,000
40. Alberta Motor Association ...............
0.41
50,624,000
41. Farm Mutual Reinsurance Plan .......
0.40
49,611,000
42. GCAN Insurance Company .............
0.40
49,593,000
94. Clare Mutual Insurance Company ...
0.01
887,000
43. Hannover Ruckversicherung AG .....
0.40
49,116,000
95. Legacy General Insurance Co .........
0.01
721,000
44. Red River Mutual .............................
0.39
48,571,000
96. Nipponkoa Insurance Co Ltd ...........
0.00
449,000
45. Industrielle Alliance Co ....................
0.38
46,816,000
97. Omega General Insurance Co ........
0.00
324,000
46. CNA Canada Group ........................
0.36
44,715,000
98. Travelers Guarantee Co of Cda ......
0.00
23,000
47. Optimum General Inc ......................
0.34
42,630,000
99. Alea (Bermuda) Ltd .........................
0.00
22,000
48. General Reinsurance Corp ..............
0.28
35,293,000
100. Trisura Guarantee Insurance Co .....
0.00
20,000
49. L’Unique Assurances Generales .....
0.28
35,219,000
101. Eagle Star Insurance Co Ltd ...........
0.00
–1,000
50. York Fire & Casualty Ins Co ............
0.26
32,069,000
102. Endurance Reinsurance Corp Am ...
0.00
51. SecuriCAN General Insurance Co ..
0.26
32,059,000
38
92. Pool Insurance Company ................
0.01
1,843,000
93. Sompo Japan Insurance Inc ............
0.01
1,791,000
TOTAL ............................................
–8,000 12,396,738,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
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21/07/09 10:11 AM
How The Private Companies Rank (Automobile) N.P.W.
TR1
% Market
40
% Market
2009 N.P.W.
2009 N.P.W.
1. Intact Financial Corporation ............ 13.56
2,425,680,000
43. Old Republic Insurance Company ...
0.16
29,125,000
2. Aviva Canada Inc ............................
9.79
1,751,229,000
44. Optimum General Inc ......................
0.16
28,449,000
3. TD Insurance ...................................
8.89
1,591,118,000
45. Promutuel Reassurance ..................
0.14
24,915,000
4. State Farm Insurance Company .....
7.72
1,380,809,000
46. North Waterloo Farmers Mutual ......
0.12
22,277,000
5. Co-operators General Insurance .....
6.19
1,106,981,000
47. SCOR Canada Reinsurance Co ......
0.12
21,916,000
6. The Economical Insurance Group ...
5.66
1,011,829,000
48. Paris Re ...........................................
0.12
21,314,000
7. RSA Canada Group ........................
5.65
1,010,691,000
49. Liberty Mutual Insurance Co ...........
0.11
19,934,000
8. Wawanesa Mutual Insurance Co ....
5.63
1,007,913,000
50. Lloyd’s Underwriters ........................
0.10
18,653,000
9. Desjardins General Ins Group .........
5.23
934,844,000
51. Allianz Global Risks US ...................
0.10
17,290,000
10. AXA Canada Group Of Companies .
4.70
840,690,000
52. Hannover Ruckversicherung AG .....
0.09
16,487,000
11. The Dominion Of Canada ................
4.02
718,711,000
53. CNA Canada Group ........................
0.09
15,761,000
12. Northbridge Financial Corp .............
2.73
488,223,000
54. Cumis General Insurance Co ..........
0.08
14,496,000
13. Allstate Insurance of Canada ..........
2.21
395,813,000
55. Transatlantic Reinsurance Co .........
0.07
12,849,000
14. RBC General Insurance Company ..
1.69
302,409,000
56. Toa Reinsurance Co of America .....
0.06
9,906,000
15. La Capitale Assurances Gen Inc .....
1.48
264,252,000
57. Caisse Centrale De Reassurance ...
0.05
8,358,000
16. Alberta Motor Association ...............
1.05
187,714,000
58. Saskatchewan Mutual Ins Co ..........
0.05
8,269,000
17. Zurich Insurance Company Ltd .......
1.01
180,610,000
18. SGI Canada Group ..........................
0.95
169,346,000
59. Swiss Reinsurance Group ...............
0.04
7,331,000
19. Ontario Mutual Insurance Assoc .....
0.93
167,109,000
60. General Reinsurance Corp ..............
0.04
7,177,000
20. Jevco Insurance Company ..............
0.78
138,755,000
61. GCAN Insurance Company .............
0.04
6,628,000
21. Gore Mutual Insurance Company ...
0.70
124,516,000
62. Odyssey America Rein Corp ...........
0.03
5,800,000
22. CAA Insurance (Ontario) .................
0.55
97,700,000
63. Tokio Marine & Nichido Fire ............
0.03
5,081,000
23. SSQ, Societe d’assurances Gen .....
0.52
92,315,000
64. American Road Insurance Co .........
0.03
5,005,000
24. York Fire & Casualty Ins Co ............
0.51
91,758,000
65. Aspen Insurance UK Limited ...........
0.03
4,625,000
25. Echelon General Insurance Co .......
0.47
84,017,000
66. Mitsui Sumitomo Ins Co Ltd ............
0.02
3,604,000
26. Pembridge Insurance Company ......
0.46
83,178,000
67. Arch Insurance (Canada) ................
0.01
2,395,000
27. Canadian Direct Insurance ..............
0.46
81,959,000
68. XL Re America Inc - Cdn Branch ....
0.01
2,047,000
28. Industrielle Alliance Co ....................
0.45
81,380,000
69. Partner Reinsurance Europe Ltd .....
0.01
1,810,000
29. Guarantee Co Of North America .....
0.45
80,951,000
70. Ontario School Board’s Ins Ex ........
0.01
1,286,000
30. Portage La Prairie Mutual Ins ..........
0.43
77,230,000
71. Sompo Japan Insurance Inc ............
0.01
1,102,000
72. Munich Reinsurance America Inc ....
0.01
1,007,000
31. RBC Insurance Co of Canada .........
0.35
62,149,000
32. Chubb Insurance Co of Canada ......
0.34
61,417,000
73. White Mountains Reinsurance Co ...
0.01
927,000
33. Motors Insurance Corporation .........
0.31
55,405,000
74. Hartford Fire Insurance Co ..............
0.01
902,000
34. L’Unique Assurances Generales .....
0.31
55,107,000
75. Le Groupe Estrie-Richelieu Co ........
0.00
794,000
35. Pafco Insurance Company ..............
0.31
54,897,000
76. XL Insurance ...................................
0.00
296,000
36. Peace Hills General Insurance ........
0.31
54,627,000
77. Nipponkoa Insurance Co Ltd ...........
0.00
295,000
37. ACE INA Insurance .........................
0.28
49,260,000
78. American Agricultural Ins Co ...........
0.00
263,000
38. St Paul Fire & Marine Ins Co ...........
0.25
44,405,000
79. Mennonite Mutual Fire Ins Co .........
0.00
144,000
39. Farm Mutual Reinsurance Plan .......
0.22
39,813,000
80. Alea (Bermuda) Ltd .........................
0.00
18,000
40. Chartis Insurance Co of Canada .....
0.19
34,228,000
81. Lumbermens Mutual Casualty Co ...
0.00
3,000
41. Munich Reinsurance Cda Group .....
0.18
32,303,000
82. T.H.E. Insurance Company .............
0.00
2,000
42. Everest Reinsurance Company .......
0.17
29,717,000
TOTAL ............................................
17,891,599,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
World Leaders In Automotive Finishes Š2010 PPG Industries www.ppgrefinish.com
LeanOnMeAd.indd 3
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42
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
11. 12.
13. 14.
15. 16.
17. 18.
19. 20.
21. 22.
23. 24.
25. 26.
27. 28.
29. 30.
31. 32.
33. 34.
7. 8.
5. 6.
9. 10.
3. 4.
1. 2.
Portage La Prairie Mutual Ins ................... SSQ, Societe d’assurances Gen ..............
Jevco Insurance Company ....................... GCAN Insurance Company ......................
Factory Mutual Insurance Co ................... St Paul Fire & Marine Ins Co ....................
CNA Canada Group ................................. ACE INA Insurance ..................................
Gore Mutual Insurance Company ............ Alberta Motor Association ........................
Green Shield Canada ............................... Guarantee Co Of North America ..............
RBC General Insurance Company ........... RBC Insurance Co of Canada ..................
La Capitale Assurances Gen Inc .............. SGI Canada Group ...................................
Allstate Insurance of Canada ................... Ontario Mutual Insurance Assoc ..............
Zurich Insurance Company Ltd ................ Chartis Insurance Co of Canada ..............
Northbridge Financial Corp ...................... Chubb Insurance Co of Canada ...............
Desjardins General Ins Group .................. The Dominion Of Canada .........................
Lloyd’s Underwriters ................................. Wawanesa Mutual Insurance Co .............
AXA Canada Group Of Companies .......... The Economical Insurance Group ............
State Farm Insurance Company .............. RSA Canada Group .................................
TD Insurance ............................................ Co-operators General Insurance ..............
Intact Financial Corporation ..................... Aviva Canada Inc .....................................
149,329,000 144,707,000
171,767,000 161,459,000
218,564,000 198,602,000
225,350,000 221,255,000
242,928,000 239,485,000
301,959,000 259,189,000
384,390,000 310,394,000
423,955,000 398,026,000
548,775,000 432,620,000
579,006,000 574,369,000
1,042,176,000 607,834,000
1,471,075,000 1,128,003,000
1,729,476,000 1,694,037,000
1,781,103,000 1,747,468,000
1,827,768,000 1,820,486,000
2,100,279,000 2,099,371,000
4,151,289,000 3,222,686,000
Net Premiums Written $
UNDERWRITING RESULTS
140,339,000 129,125,000
213,946,000 152,755,000
215,209,000 216,433,000
228,776,000 222,921,000
223,738,000 236,060,000
301,959,000 251,466,000
378,899,000 276,059,000
397,577,000 374,260,000
540,781,000 411,816,000
592,490,000 596,953,000
1,091,012,000 618,997,000
1,442,868,000 1,086,026,000
1,729,476,000 1,610,616,000
1,673,646,000 1,813,256,000
1,783,048,000 1,762,502,000
1,992,660,000 2,037,792,000
4,055,375,000 3,162,316,000
Premiums Earned 100% Basis $
88,136,000 81,516,000
175,340,000 71,689,000
12,743,000 93,566,000
121,169,000 150,679,000
148,977,000 165,448,000
255,101,000 195,086,000
316,981,000 136,567,000
262,009,000 196,280,000
380,705,000 259,307,000
448,912,000 444,808,000
742,947,000 351,432,000
991,955,000 903,431,000
820,366,000 1,265,024,000
1,089,771,000 1,400,291,000
1,823,105,000 1,186,595,000
1,652,516,000 1,435,749,000
2,877,237,000 2,280,725,000
Net Net Claims & Adjusting Expenses $
26,195,000 –241,000
45,087,000 21,736,000
–7,063,000 36,104,000
47,980,000 18,912,000
42,843,000 26,501,000
12,415,000 53,720,000
0 77,116,000
25,684,000 79,681,000
29,623,000 79,436,000
58,429,000 24,872,000
125,885,000 89,706,000
62,333,000 183,503,000
398,979,000 257,744,000
278,102,000 348,830,000
227,246,000 228,582,000
218,082,000 306,809,000
634,504,000 596,748,000
Commissions $
(Continued On Page 44)
62.80 63.13
81.96 46.93
5.92 43.23
52.96 67.59
66.59 70.09
84.48 77.58
83.66 49.47
65.90 52.44
70.40 62.97
75.77 74.51
68.10 56.77
68.75 83.19
47.43 78.54
65.11 77.23
102.25 67.32
82.93 70.46
70.95 72.12
Earned Loss Ratio %
6,139,000 4,426,000
6,500,000 7,922,000
11,476,000 8,049,000
8,323,000 9,455,000
7,966,000 7,449,000
4,887,000 6,443,000
11,970,000 6,316,000
13,603,000 17,686,000
17,221,000 1,174,000
28,725,000 33,358,000
43,606,000 21,638,000
48,639,000 37,279,000
88,116,000 54,002,000
56,911,000 62,710,000
61,367,000 60,336,000
63,514,000 72,167,000
140,355,000 108,931,000
Taxes $
19,931,000 32,263,000
24,884,000 22,987,000
40,096,000 26,236,000
21,434,000 19,200,000
25,338,000 27,034,000
20,962,000 32,686,000
97,245,000 54,504,000
79,615,000 49,583,000
138,094,000 76,503,000
82,343,000 54,012,000
154,219,000 82,006,000
258,616,000 119,676,000
6,618,000 135,089,000
210,816,000 145,282,000
172,627,000 231,590,000
153,578,000 285,444,000
390,929,000 329,657,000
General Expenses $
37.24 28.23
35.74 34.46
20.68 32.52
33.98 21.34
34.03 25.83
12.67 36.92
28.82 49.97
29.91 39.26
34.20 38.15
28.61 18.80
29.67 31.24
25.61 31.35
28.55 27.74
32.61 30.71
25.87 29.53
21.84 32.60
28.75 32.74
Total Expense Ratio %
100.04 91.36
117.70 81.39
26.60 75.75
86.94 88.93
100.62 95.92
97.15 114.50
112.48 99.44
95.81 91.70
104.60 101.12
104.38 93.31
97.77 88.01
94.36 114.54
75.98 106.28
97.72 107.94
128.12 96.85
104.77 103.06
99.70 104.86
Combined Loss & Exp. Ratio %
2,434,000 11,161,000
–37,865,000 28,421,000
157,957,000 52,478,000
29,870,000 24,675,000
1,525,000 16,054,000
2,086,000 –36,469,000
–48,979,000 1,556,000
15,412,000 3,016,000
–12,365,000 –2,105,000
–23,107,000 39,903,000
–34,109,000 74,215,000
81,325,000 –144,036,000
415,397,000 –77,114,000
38,046,000 –143,857,000
–495,851,000 54,022,000
–95,030,000 –62,377,000
12,350,000 –153,745,000
Undrwtg. Profit or Loss $
12,042,000 639,000
20,991,000 18,083,000
16,083,000 47,753,000
40,305,000 37,750,000
762,000 9,769,000
5,935,000 18,398,000
46,860,000 13,296,000
7,647,000 19,721,000
46,442,000 47,408,000
100,616,000 186,275,000
193,227,000 74,161,000
71,488,000 –72,715,000
56,959,000 147,997,000
157,762,000 165,106,000
201,166,000 155,059,000
191,145,000 161,541,000
110,115,000 271,852,000
Inv. Income $
(from figures supplied by the companies for 2009 business transacted in Canada)
GENERAL COMPANIES (PRIVATE SECTOR) RESULTS
9.26 19.94
–5.78 14.69
30.10 11.50
14.58 12.94
1.77 17.74
5.40 2.45
–0.43 6.88
9.99 23.10
12.48 4.70
9.19 6.98
11.60 14.02
17.50 –24.37
32.24 5.34
11.32 2.04
–11.12 9.54
7.49 6.53
4.60 4.76
Return on Equity %
Ad template
4/29/10
3:20 PM
Page 53
Excellence
Innovation
Enhancing the customer experience, every day. Expertise
Ben Brubacher, Supervisor, CLAIMSALERT®
Quality
Quality, service and expertise - that’s what you get when you work with Crawford & Company (Canada) Inc. Our professionals are committed every day to making our clients and their priorities our number one priority.
With a focus on enhancing our customers’ experience, we take pride in providing technology, quality metrics and workflows that incorporate our goal for excellence and customer satisfaction.
Teamwork
For more information on Crawford’s programs and services, please contact us at info@crawco.ca
Service
www.crawfordandcompany.com Crawford is an equal opportunity employer.
44
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
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. 68.
69. 70.
71. 72.
Trisura Guarantee Insurance Co .............. Lumbermen’s Underwriting ......................
Co-operative Hail Ins Co Ltd .................... Tokio Marine & Nichido Fire .....................
SecuriCAN General Insurance Co ........... Triton Insurance .......................................
Ontario School Board’s Ins Ex ................. Le Groupe Estrie-Richelieu Co .................
Legacy General Insurance Co .................. Great American Insurance Co ..................
Old Republic Insurance Company ............ Cumis General Insurance Co ...................
Saskatchewan Mutual Ins Co ................... Arch Insurance (Canada) .........................
Red River Mutual ...................................... Grain Insurance & Guarantee Co .............
Pafco Insurance Company ....................... North Waterloo Farmers Mutual ...............
Stewart Title Guaranty Company ............. Affiliated FM Insurance Co .......................
XL Insurance ............................................ Optimum General Inc ...............................
American Bankers of Florida .................... Boiler Inspection & Insurance ...................
Liberty Mutual Insurance Co .................... L’Unique Assurances Generales ..............
Canadian Direct Insurance ....................... Pembridge Insurance Company ...............
Echelon General Insurance Co ................ Peace Hills General Insurance .................
Travelers Guarantee Co of Cda ............... First Canadian Title ..................................
Industrielle Alliance Co ............................. York Fire & Casualty Ins Co .....................
CAA Insurance (Ontario) .......................... Motors Insurance Corporation ..................
Allianz Global Risks US ............................ National Liability & Fire Ins .......................
25,003,000 22,735,000
25,593,000 25,345,000
32,059,000 26,798,000
32,520,000 32,231,000
33,769,000 33,610,000
35,431,000 34,087,000
40,611,000 36,494,000
50,542,000 41,504,000
54,897,000 54,526,000
68,976,000 65,091,000
89,729,000 82,884,000
94,156,000 90,670,000
109,236,000 97,205,000
109,571,000 109,367,000
112,326,000 111,717,000
127,557,000 114,833,000
128,683,000 128,172,000
130,203,000 129,376,000
143,586,000 136,268,000
Net Premiums Written $
UNDERWRITING RESULTS
21,362,000 24,099,000
25,593,000 26,786,000
32,096,000 54,065,000
32,960,000 31,610,000
31,357,000 47,098,000
32,028,000 32,856,000
37,719,000 32,147,000
47,848,000 40,082,000
51,709,000 52,339,000
68,976,000 64,446,000
89,226,000 79,564,000
92,878,000 90,010,000
111,662,000 89,665,000
104,063,000 109,947,000
118,082,000 109,999,000
137,931,000 114,833,000
122,513,000 98,390,000
128,923,000 183,782,000
132,687,000 119,989,000
Premiums Earned 100% Basis $
5,801,000 29,541,000
4,426,000 22,388,000
16,458,000 17,087,000
29,168,000 22,851,000
5,179,000 25,608,000
18,283,000 20,907,000
19,359,000 17,658,000
27,819,000 15,557,000
20,973,000 30,950,000
30,265,000 36,658,000
49,967,000 41,076,000
22,543,000 24,783,000
43,049,000 55,624,000
69,851,000 78,852,000
84,643,000 66,221,000
33,713,000 25,961,000
83,228,000 81,290,000
106,475,000 107,688,000
92,957,000 51,774,000
Net Net Claims & Adjusting Expenses $
4,233,000 –537,000
–764,000 3,791,000
550,000 10,240,000
0 7,259,000
4,432,000 2,969,000
5,984,000 3,587,000
7,889,000 –4,341,000
12,036,000 8,952,000
6,976,000 11,161,000
0 1,691,000
8,338,000 13,675,000
27,906,000 25,579,000
4,706,000 9,710,000
507,000 16,285,000
19,204,000 19,611,000
24,797,000 279,000
3,256,000 10,421,000
8,164,000 13,077,000
7,018,000 25,098,000
Commissions $
(Continued On Page 45)
27.16 122.58
17.29 83.58
51.28 31.60
88.50 72.29
16.52 54.37
57.08 63.63
51.32 54.93
58.14 38.81
40.56 59.13
43.88 56.88
56.00 51.63
24.27 27.53
38.55 62.04
67.12 71.72
71.68 60.20
24.44 22.61
67.93 82.62
82.59 58.60
70.06 43.15
Earned Loss Ratio %
950,000 2,429,000
1,106,000 669,000
1,685,000 1,449,000
1,040,000 0
841,000 2,475,000
1,629,000 1,426,000
1,710,000 1,960,000
2,340,000 2,045,000
1,575,000 1,701,000
2,173,000 3,311,000
4,152,000 3,419,000
12,812,000 1,501,000
5,840,000 3,172,000
4,428,000 3,745,000
4,533,000 5,103,000
5,613,000 3,687,000
4,493,000 3,150,000
3,774,000 6,281,000
7,344,000 605,000
Taxes $
8,556,000 18,347,000
1,838,000 4,641,000
8,927,000 5,487,000
1,871,000 3,787,000
16,977,000 6,755,000
3,448,000 5,450,000
6,406,000 10,776,000
5,277,000 6,938,000
9,463,000 7,482,000
34,486,000 12,299,000
16,582,000 20,402,000
25,529,000 21,634,000
25,851,000 16,435,000
24,246,000 17,219,000
16,972,000 18,401,000
26,585,000 62,570,000
23,047,000 16,679,000
36,025,000 11,301,000
10,632,000 923,000
General Expenses $
64.32 83.98
8.52 33.98
34.78 31.77
8.83 34.94
70.96 25.90
34.54 31.85
42.43 26.11
41.07 44.75
34.84 38.87
53.15 26.85
32.58 47.13
71.33 54.12
32.60 32.70
28.04 33.88
34.48 39.20
41.32 57.94
25.14 30.74
37.20 16.68
18.84 22.19
Total Expense Ratio %
91.48 206.56
25.81 117.56
86.06 63.37
97.33 107.23
87.48 80.27
91.62 95.48
93.75 81.04
99.21 83.56
75.40 98.00
97.03 83.73
88.58 98.76
95.60 81.65
71.15 94.74
95.16 105.60
106.16 99.40
65.76 80.55
93.07 113.36
119.79 75.28
88.90 65.34
Combined Loss & Exp. Ratio %
2,510,000 –25,967,000
18,987,000 –4,703,000
5,624,000 19,802,000
881,000 –2,287,000
3,928,000 –17,166,000
2,644,000 3,045,000
2,628,000 6,094,000
970,000 6,590,000
14,238,000 1,845,000
2,176,000 10,476,000
10,176,000 992,000
4,088,000 16,513,000
32,216,000 6,701,000
6,506,000 –3,500,000
–4,825,000 2,627,000
49,503,000 22,336,000
8,489,000 –10,748,000
–23,183,000 45,877,000
14,738,000 41,589,000
Undrwtg. Profit or Loss $
251,000 1,334,000
790,000 2,274,000
–41,000 10,305,000
3,301,000 3,536,000
861,000 7,413,000
4,057,000 984,000
55,000 3,009,000
2,967,000 3,890,000
9,134,000 2,086,000
9,052,000 3,008,000
2,114,000 5,939,000
10,612,000 4,425,000
32,736,000 2,474,000
5,965,000 20,011,000
16,409,000 2,017,000
22,118,000 5,484,000
2,783,000 9,847,000
13,471,000 35,278,000
11,273,000 7,166,000
Inv. Income $
(from figures supplied by the companies for 2009 business transacted in Canada)
GENERAL COMPANIES (PRIVATE SECTOR) RESULTS
(Continued From Page 42)
10.80 –69.67
55.63 –4.25
35.53 14.61
11.41 1.91
12.20 5.49
9.10 12.04
7.48 12.43
7.05 25.67
19.48 10.50
14.09 14.77
13.49 9.67
7.43 18.29
10.18 17.99
17.25 8.53
7.57 6.95
15.60 21.36
32.53 –0.72
–10.35 21.64
13.02 25.15
Return on Equity %
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
45
0 0 35,564,540,000
Pearl Assurance PLC ............................... ICAROM PLC ...........................................
Hanover Insurance Company ................... Centennial Insurance Company ...............
TOTALS ...................................................
77. 78.
79. 80.
81. 82.
83. 84.
85. 86.
87. 88.
89. 90.
91. 92.
93. 94.
95. 96.
97. 98.
99. 100.
Everest Insurance Co of Canada ............. Utica Mutual Insurance Co Ltd .................
TIG Insurance Company .......................... Employers Insurance Of Wausau .............
British Aviation Insurance Co ................... Lumbermens Mutual Casualty Co ............
Security Ins Co of Hartford ....................... Eagle Star Insurance Co Ltd ....................
Pool Insurance Company ......................... Clare Mutual Insurance Company ............
Antigonish Farmers’ Mutual ...................... Omega General Insurance Co .................
American Road Insurance Co .................. Sompo Japan Insurance Inc .....................
Mennonite Mutual Fire Ins Co .................. Virginia Surety Company Inc ....................
Pacific Coast Fishermen’s Mut ................. Kings Mutual Insurance Company ...........
PEI Mutual Insurance Company ............... Western Surety Company ........................
0 0
0 0
0 0
11,000 1,000
133,000 12,000
1,843,000 942,000
3,274,000 1,993,000
5,005,000 4,891,000
5,601,000 5,417,000
6,070,000 5,897,000
13,220,000 11,992,000
16,765,000 13,644,000
Euler Hermes American Credit ................. Hartford Fire Insurance Co .......................
75. 76.
22,230,000 19,058,000
Mitsui Sumitomo Ins Co Ltd ..................... Mutual Fire Insurance Co of BC ...............
73. 74.
Net Premiums Written $
UNDERWRITING RESULTS
34,920,053,000
0 0
0 0
0 0
0 0
11,000 1,000
133,000 12,000
2,180,000 914,000
3,281,000 1,524,000
5,005,000 4,665,000
5,441,000 3,942,000
5,986,000 5,799,000
12,656,000 11,082,000
19,492,000 14,405,000
24,080,000 16,972,000
Premiums Earned 100% Basis $
4.50 32.93
50.96 46.65
50.63 48.72
40.60 96.78
9.59 41.47
58.87 13.76
42.39 54.57
24.68 61.26
Earned Loss Ratio %
24,416,552,000
0 –76,000
3,000 12,000
48,000 –55,000
–105,000 301,000
69.92
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
17,000 154.55 –650,000 –65,000.00
–3,081,000 –2,316.54 –688,000 –5,733.33
98,000 301,000
1,672,000 711,000
2,534,000 2,273,000
2,209,000 3,815,000
574,000 2,405,000
7,450,000 1,525,000
8,263,000 7,861,000
5,944,000 10,397,000
Net Net Claims & Adjusting Expenses $
4,996,938,000
0 0
0 0
0 0
0 0
0 1,000
17,000 0
370,000 –42,000
598,000 636,000
0 693,000
68,000 524,000
0 1,158,000
1,728,000 6,210,000
–1,532,000 53,000
2,723,000 3,911,000
Commissions $
1,259,568,000
0 4,000
0 0
0 0
0 1,000
0 0
0 6,000
278,000 0
169,000 134,000
166,000 140,000
0 0
0 232,000
158,000 419,000
1,543,000 612,000
863,000 18,000
Taxes $
224.81 1,900.00
39.72 76.70
56.29 117.72
13.47 41.39
33.27 27.98
18.28 61.08
36.20 74.20
39.26 24.76
28.92 37.49
Total Expense Ratio %
4,224,231,000
91,000 216,000
60,000 91,000
123,000 183,000
270,000 82,000
30.01
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
180,000 1,636.36 208,000 20,900.00
282,000 222,000
218,000 743,000
1,080,000 1,024,000
508,000 1,098,000
1,742,000 579,000
1,094,000 2,152,000
2,695,000 1,594,000
7,642,000 2,901,000
3,379,000 2,433,000
General Expenses $
99.93
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
1,790.91 –44,100.00
–2,091.73 –3,833.33
44.22 109.63
107.25 164.37
64.10 90.11
73.87 124.76
27.87 102.55
95.07 87.96
81.65 79.33
53.60 98.75
Combined Loss & Exp. Ratio %
–3,250,000
–91,000 –144,000
–63,000 –103,000
–171,000 –128,000
0 –384,000
–186,000 442,000
2,915,000 472,000
–93,000 –18,000
–130,000 –981,000
1,797,000 461,000
1,499,000 –976,000
4,328,000 –614,000
625,000 1,334,000
5,260,000 2,978,000
11,171,000 246,000
Undrwtg. Profit or Loss $
2,889,827,000
18,000 180,000
9,000 34,000
13,000 149,000
1,468,000 947,000
107,000 58,000
3,213,000 216,000
94,000 36,000
735,000 423,000
826,000 851,000
270,000 790,000
598,000 274,000
2,301,000 261,000
2,110,000 9,833,000
3,077,000 910,000
Inv. Income $
(from figures supplied by the companies for 2009 business transacted in Canada)
GENERAL COMPANIES (PRIVATE SECTOR) RESULTS
(Continued From Page 44)
2.36 0.12
3.91 2.13
–3.98 0.97
4.62 2.19
–15.42 9.43
5.88 4.97
0.06 1.37
5.75 –7.48
9.97 2.78
39.00 0.71
71.97 –0.92
4.57 7.59
9.38 5.65
24.15 4.32
Return on Equity %
46
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Zurich Insurance Company Ltd ................ Chubb Insurance Co of Canada ...............
Allstate Insurance of Canada ................... Ontario Mutual Insurance Assoc ..............
La Capitale Assurances Gen Inc .............. SGI Canada Group ...................................
American Bankers of Florida .................... RBC General Insurance Company ...........
ACE INA Insurance .................................. Guarantee Co Of North America ..............
Green Shield Canada ............................... Factory Mutual Insurance Co ...................
Gore Mutual Insurance Company ............. Alberta Motor Association .........................
GCAN Insurance Company ...................... CNA Canada Group .................................
Allianz Global Risks US ............................ St Paul Fire & Marine Ins Co ....................
15. 16.
17. 18.
19. 20.
21. 22.
23. 24.
25. 26.
27. 28.
29. 30.
31. 32.
Wawanesa Mutual Insurance Co .............. Desjardins General Ins Group ..................
9. 10.
The Dominion Of Canada ......................... Chartis Insurance Co of Canada ..............
State Farm Insurance Company ............... The Economical Insurance Group ............
7. 8.
13. 14.
RSA Canada Group .................................. AXA Canada Group Of Companies ..........
5. 6.
Lloyd’s Underwriters ................................. Northbridge Financial Corp .......................
Co-operators General Insurance .............. TD Insurance ............................................
3. 4.
11. 12.
Intact Financial Corporation ...................... Aviva Canada Inc .....................................
1. 2.
Company
230,665,000 227,316,000
246,294,000 241,872,000
259,561,000 248,458,000
302,804,000 280,090,000
310,178,000 306,871,000
424,533,000 384,582,000
433,553,000 425,201,000
549,436,000 536,971,000
819,011,000 634,135,000
1,178,829,000 1,002,454,000
1,497,341,000 1,286,914,000
1,735,669,000 1,498,531,000
1,832,917,000 1,809,011,000
1,910,324,000 1,868,574,000
2,222,572,000 2,127,265,000
4,261,658,000 3,390,374,000
Totals $
2,007,000 2,806,000
1,509,000 1,156,000
28,000 0
2,771,000 6,253,000
2,281,000 2,112,000
5,171,000 1,893,000
0 6,000
0 0
5,280,000 1,198,000
39,839,000 8,641,000
16,871,000 23,149,000
0 3,701,000
0 19,831,000
118,238,000 53,481,000
76,802,000 10,786,000
1,058,000 91,558,000
Nfld. $
671,000 546,000
336,000 428,000
0 0
300,000 720,000
663,000 985,000
1,377,000 3,508,000
0 9,586,000
0 0
1,269,000 311,000
15,028,000 2,037,000
4,165,000 4,864,000
6,213,000 4,565,000
0 4,188,000
8,440,000 229,000
18,431,000 4,976,000
8,246,000 15,243,000
P.E.I. $
3,299,000 6,042,000
2,452,000 1,858,000
16,000 0
3,184,000 6,856,000
5,209,000 4,750,000
9,013,000 10,889,000
0 3,979,000
12,113,000 0
9,507,000 3,689,000
51,199,000 16,311,000
20,577,000 28,615,000
58,375,000 28,333,000
0 64,272,000
114,464,000 20,974,000
62,400,000 54,976,000
132,692,000 104,997,000
N.S. $
42,903,000 35,361,000
36,681,000 36,787,000
0 0
4,183,000 45,772,000
52,485,000 46,137,000
59,881,000 30,869,000
433,553,000 9,000
82,781,000 0
131,925,000 113,050,000
2,728,000 186,074,000
254,742,000 183,918,000
81,155,000 966,445,000
0 131,246,000
83,561,000 840,018,000
291,017,000 200,936,000
1,055,660,000 540,053,000
Quebec $
(Continued On Page 48)
4,238,000 3,339,000
1,919,000 2,088,000
33,000 0
1,386,000 10,596,000
9,020,000 5,099,000
7,218,000 9,263,000
0 6,695,000
28,305,000 0
10,852,000 3,999,000
22,182,000 20,507,000
20,660,000 26,669,000
93,449,000 13,641,000
45,959,000 57,136,000
42,163,000 49,910,000
59,480,000 38,176,000
45,797,000 86,800,000
N.B. $
87,752,000 76,301,000
89,006,000 91,449,000
207,300,000 108,000
203,406,000 87,131,000
127,939,000 203,629,000
160,194,000 286,665,000
0 32,162,000
348,347,000 536,971,000
350,399,000 334,475,000
824,317,000 393,430,000
442,549,000 683,549,000
495,803,000 426,004,000
1,623,949,000 1,108,224,000
911,317,000 471,144,000
945,017,000 1,257,341,000
1,914,974,000 1,762,203,000
Ontario $
6,576,000 9,446,000
8,163,000 12,215,000
198,000 9,151,000
7,707,000 8,550,000
10,789,000 5,237,000
12,554,000 602,000
0 16,032,000
0 0
14,309,000 8,566,000
1,925,000 21,636,000
33,060,000 17,262,000
89,132,000 4,617,000
0 7,279,000
16,192,000 10,369,000
43,635,000 2,536,000
57,385,000 63,076,000
Manitoba $
(Excludes A&S and Reinsurance Companies)
By company – on a province by province basis
10,066,000 9,696,000
11,582,000 6,466,000
81,000 14,000
2,198,000 11,536,000
10,659,000 2,423,000
11,748,000 663,000
0 325,224,000
0 0
13,524,000 5,625,000
1,779,000 24,724,000
24,554,000 23,582,000
81,435,000 797,000
0 1,287,000
11,388,000 6,699,000
64,235,000 1,891,000
2,352,000 48,371,000
Sask. $
Alberta $
38,643,000 48,598,000
57,268,000 49,213,000
1,189,000 239,099,000
23,609,000 38,198,000
61,272,000 23,282,000
54,259,000 34,076,000
0 31,336,000
77,027,000 0
165,017,000 78,024,000
145,962,000 217,108,000
293,962,000 167,879,000
661,399,000 46,428,000
162,205,000 192,475,000
320,163,000 196,838,000
514,564,000 533,253,000
799,389,000 409,395,000
2009 TOTAL DIRECT WRITTEN BUSINESS
31,956,000 31,480,000
36,425,000 39,309,000
50,629,000 86,000
53,503,000 62,139,000
27,701,000 12,303,000
99,078,000 5,438,000
0 128,000
626,000 0
110,375,000 84,734,000
69,775,000 105,900,000
371,536,000 123,662,000
162,204,000 2,440,000
0 222,307,000
275,889,000 214,260,000
133,595,000 12,832,000
231,772,000 248,702,000
B.C. $
1,386,000 767,000
218,000 166,000
20,000 0
240,000 236,000
495,000 85,000
699,000 308,000
0 11,000
42,000 0
898,000 193,000
1,916,000 881,000
3,321,000 993,000
5,884,000 379,000
150,000 175,000
2,925,000 1,348,000
5,465,000 5,416,000
3,521,000 6,418,000
Yukon $
989,000 1,672,000
663,000 487,000
53,000 0
297,000 927,000
820,000 815,000
2,931,000 265,000
0 27,000
159,000 0
5,508,000 271,000
1,696,000 3,591,000
7,256,000 2,320,000
492,000 1,103,000
528,000 451,000
3,729,000 3,079,000
7,255,000 3,865,000
8,036,000 12,864,000
N.W.T. $
179,000 1,262,000
72,000 250,000
14,000 0
20,000 1,176,000
845,000 14,000
410,000 143,000
0 6,000
36,000 0
148,000 0
483,000 1,614,000
4,088,000 452,000
128,000 78,000
126,000 140,000
1,855,000 225,000
676,000 281,000
776,000 694,000
Nunavut $
✔Priority Response ❑ ✔Superior Workmanship ❑ ✔Written Warranty ❑ ✔Faster Completion Times ❑ ✔ IICRC Standards ❑ The Result - A Satisfied Policyholder
Your one-call for national emergency response.
1 888 DKC-24HR 1 (888) 352-2447
Property Damage Emergency Response Line
DIATEE E M IM PONS RES
Head Office: 3190 Ridgeway Drive, Unit 10, Mississauga, ON L5L 5S8 – Tel: 1 (800) 461-6224 – Fax: (905) 820-0198 – www.dkc.ca
48
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Jevco Insurance Company ....................... Motors Insurance Corporation ..................
Liberty Mutual Insurance Co ..................... Portage La Prairie Mutual Ins ...................
Travelers Guarantee Co of Cda ............... Echelon General Insurance Co ................
Peace Hills General Insurance ................. SSQ, Societe d’assurances Gen ..............
Industrielle Alliance Co ............................. CAA Insurance (Ontario) ..........................
L’Unique Assurances Generales .............. Canadian Direct Insurance .......................
First Canadian Title .................................. York Fire & Casualty Ins Co .....................
Pembridge Insurance Company ............... XL Insurance ............................................
Optimum General Inc ............................... Affiliated FM Insurance Co .......................
Cumis General Insurance Co ................... Stewart Title Guaranty Company .............
Arch Insurance (Canada) ......................... North Waterloo Farmers Mutual ...............
Red River Mutual ...................................... Pafco Insurance Company .......................
Grain Insurance & Guarantee Co ............. Great American Insurance Co ..................
Old Republic Insurance Company ............ Triton Insurance ........................................
Legacy General Insurance Co .................. Lumbermen’s Underwriting .......................
Co-operative Hail Ins Co Ltd .................... Saskatchewan Mutual Ins Co ...................
Le Groupe Estrie-Richelieu Co ................. Trisura Guarantee Insurance Co ..............
Ontario School Board’s Ins Ex .................. Euler Hermes American Credit .................
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. 68.
Totals
33. 34.
Company
35,327,000 34,984,000
39,656,000 36,255,000
43,360,000 42,064,000
44,957,000 44,903,000
46,200,000 45,202,000
52,579,000 52,073,000
56,337,000 55,468,000
68,431,000 62,417,000
82,067,000 68,976,000
105,928,000 88,776,000
113,902,000 110,514,000
114,833,000 114,539,000
121,139,000 116,828,000
135,515,000 123,028,000
156,803,000 147,736,000
161,648,000 157,170,000
167,994,000 167,501,000
184,982,000 172,265,000
Nfld. $
(Continued From Page 46)
0 21,000
0 126,000
0 0
1,058,000 456,000
459,000 1,960,000
651,000 108,000
0 0
293,000 0
721,000 392,000
0 726,000
0 778,000
2,139,000 0
0 0
0 0
0 0
2,279,000 149,000
1,512,000 2,471,000
970,000 147,000
P.E.I. $
0 203,000
0 21,000
0 0
208,000 36,000
38,000 173,000
191,000 70,000
0 0
30,000 0
719,000 242,000
0 193,000
0 250,000
402,000 0
35,000 0
0 850,000
0 0
419,000 583,000
367,000 3,421,000
8,000 16,000
N.S. $
0 317,000
0 821,000
0 0
1,743,000 422,000
948,000 1,520,000
2,185,000 741,000
0 1,112,000
897,000 0
5,643,000 1,880,000
0 1,470,000
14,505,000 5,435,000
2,232,000 0
113,000 0
0 3,944,000
0 0
3,118,000 7,416,000
2,236,000 36,130,000
387,000 238,000
N.B. $
0 493,000
0 917,000
0 0
1,315,000 1,732,000
2,130,000 1,364,000
1,670,000 946,000
0 1,264,000
724,000 0
3,947,000 1,209,000
0 720,000
13,419,000 3,642,000
2,856,000 0
196,000 0
0 3,600,000
0 0
2,416,000 494,000
2,311,000 10,135,000
799,000 173,000
Quebec $
0 12,391,000
39,656,000 2,861,000
0 0
4,864,000 21,915,000
676,000 8,680,000
538,000 4,071,000
0 19,907,000
5,095,000 0
2,000 2,293,000
26,823,000 36,611,000
3,358,000 10,352,000
8,387,000 0
104,320,000 0
135,515,000 0
0 147,736,000
20,073,000 19,762,000
26,730,000 0
93,992,000 3,671,000
Ontario $
35,327,000 17,764,000
0 18,994,000
0 0
19,030,000 7,159,000
32,884,000 15,595,000
10,808,000 19,233,000
0 33,188,000
28,693,000 62,417,000
45,170,000 54,849,000
34,349,000 29,609,000
72,935,000 46,227,000
63,990,000 114,719,000
150,000 0
0 114,634,000
0 0
74,609,000 116,045,000
74,972,000 30,150,000
67,465,000 154,346,000
Manitoba $
0 209,000
0 884,000
8,114,000 5,514,000
1,927,000 532,000
65,000 2,236,000
6,123,000 1,705,000
52,092,000 0
2,237,000 0
8,131,000 766,000
5,179,000 3,062,000
0 3,195,000
5,603,000 0
0 0
0 0
10,402,000 0
4,610,000 608,000
2,651,000 42,355,000
306,000 392,000
Sask. $
By company – on a province by province basis (Excludes A&S and Reinsurance Companies)
2009 TOTAL DIRECT WRITTEN BUSINESS
0 89,000
0 572,000
35,246,000 27,106,000
2,040,000 287,000
34,000 1,250,000
11,926,000 2,352,000
4,245,000 0
3,502,000 0
4,090,000 419,000
145,000 1,401,000
0 1,902,000
4,762,000 0
0 0
0 0
5,033,000 0
4,813,000 563,000
4,041,000 9,657,000
193,000 1,079,000
Alberta $
0 721,000
0 4,429,000
0 9,444,000
7,727,000 2,014,000
6,255,000 7,834,000
7,129,000 11,033,000
0 0
21,081,000 0
8,225,000 1,622,000
5,199,000 6,269,000
9,615,000 19,347,000
15,274,000 –180,000
0 50,581,000
0 0
111,382,000 0
20,246,000 4,954,000
36,093,000 32,382,000
19,191,000 7,443,000
B.C. $
0 2,776,000
0 6,164,000
0 0
4,783,000 10,353,000
2,658,000 4,271,000
11,261,000 11,723,000
0 0
5,833,000 0
5,419,000 5,279,000
34,233,000 8,688,000
0 19,247,000
8,897,000 0
16,325,000 66,247,000
0 0
26,747,000 0
27,985,000 6,552,000
16,779,000 800,000
1,510,000 4,718,000
Yukon $
0 0
0 308,000
0 0
69,000 –3,000
17,000 129,000
65,000 61,000
0 –1,000
31,000 0
0 0
0 0
13,000 57,000
131,000 0
0 0
0 0
1,339,000 0
473,000 17,000
274,000 0
–20,000 10,000
N.W.T. $
0 0
0 64,000
0 0
170,000 0
20,000 190,000
32,000 26,000
0 –2,000
14,000 0
0 19,000
0 27,000
47,000 59,000
116,000 0
0 0
0 0
1,366,000 0
170,000 21,000
6,000 0
$
0 0
0 94,000
0 0
23,000 0
16,000 0
0 4,000
0 0
1,000 0
0 6,000
0 0
10,000 23,000
44,000 0
0 0
0 0
534,000 0
437,000 6,000
22,000 0
17,000 4,000
Nunavut
164,000 28,000
$
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
49
–4,000 38,117,768,000
Tokio Marine & Nichido Fire ..................... Western Surety Company ........................
National Liability & Fire Ins ....................... Hartford Fire Insurance Co .......................
PEI Mutual Insurance Company ............... Mennonite Mutual Fire Ins Co ..................
Pool Insurance Company ......................... Pacific Coast Fishermen’s Mut .................
Kings Mutual Insurance Company ............ Virginia Surety Company Inc ....................
American Road Insurance Co .................. Sompo Japan Insurance Inc .....................
Antigonish Farmers’ Mutual ...................... Omega General Insurance Co ..................
Clare Mutual Insurance Company ............ Security Ins Co of Hartford .......................
Lumbermens Mutual Casualty Co ............ Eagle Star Insurance Co Ltd ....................
British Aviation Insurance Co ...................
TOTALS ...................................................
73. 74.
75. 76.
77. 78.
79. 80.
81. 82.
83. 84.
85. 86.
87. 88.
89. 90.
91.
1,000 –2,000
2,450,000 133,000
4,286,000 4,050,000
5,005,000 4,775,000
6,494,000 5,477,000
8,151,000 6,976,000
14,726,000 12,325,000
18,060,000 15,665,000
19,857,000 18,985,000
26,453,000 23,355,000
Mutual Fire Insurance Co of BC ............... Mitsui Sumitomo Ins Co Ltd ......................
71. 72.
32,170,000 32,059,000
Boiler Inspection & Insurance ................... SecuriCAN General Insurance Co ............
Totals $
69. 70.
Company
518,119,000
0
0 0
0 0
0 48,000
118,000 0
0 0
0 0
0 0
451,000 3,000
37,000 1,034,000
0 202,000
214,000 170,000
Nfld. $
141,046,000
0
0 0
0 0
0 2,000
0 0
5,000 0
0 0
14,726,000 0
164,000 –6,000
3,000 134,000
0 63,000
87,000 68,000
P.E.I. $
953,668,000
0
0 0
2,450,000 0
4,286,000 16,000
169,000 7,000
6,485,000 0
0 0
0 0
759,000 18,000
153,000 787,000
0 354,000
565,000 1,125,000
N.S. $
787,955,000
0
0 0
0 0
0 34,000
94,000 2,000
4,000 0
0 0
0 0
193,000 73,000
33,000 1,264,000
0 112,000
807,000 288,000
N.B. $
6,748,723,000
0
3,000 0
0 0
0 60,000
1,272,000 486,000
0 0
0 0
0 0
3,063,000 683,000
1,033,000 17,000
0 1,906,000
8,940,000 1,051,000
Quebec $
17,955,328,000
–4,000
–2,000 –2,000
0 133,000
0 3,253,000
1,454,000 3,212,000
0 3,000,000
106,000 0
0 0
5,474,000 5,588,000
11,589,000 2,467,000
0 11,984,000
12,524,000 16,186,000
Ontario $
674,410,000
0
0 0
0 0
0 104,000
155,000 4,000
0 0
1,323,000 0
0 0
670,000 1,159,000
6,000 1,868,000
0 340,000
688,000 996,000
Manitoba $
By company – on a province by province basis (Excludes A&S and Reinsurance Companies)
2009 TOTAL DIRECT WRITTEN BUSINESS
866,680,000
0
0 0
0 0
0 52,000
248,000 74,000
0 72,000
3,862,000 0
0 12,325,000
364,000 1,970,000
55,000 3,816,000
0 171,000
1,960,000 365,000
Sask. $
6,137,630,000
0
0 0
0 0
0 125,000
1,014,000 298,000
0 1,654,000
2,267,000 0
0 0
2,632,000 5,112,000
2,545,000 4,758,000
618,000 3,247,000
2,344,000 4,576,000
Alberta $
3,193,205,000
0
0 0
0 0
0 328,000
442,000 692,000
0 751,000
593,000 6,976,000
0 0
3,628,000 1,064,000
4,383,000 2,680,000
25,835,000 4,691,000
3,944,000 7,166,000
B.C. $
47,730,000
0
0 0
0 0
0 1,000
9,000 0
0 0
0 0
0 0
91,000 0
1,000 0
0 55,000
3,000 44,000
Yukon $
75,608,000
0
0 0
0 0
0 25,000
30,000 0
0 0
0 0
0 0
511,000 1,000
18,000 42,000
0 205,000
72,000 18,000
N.W.T. $
17,666,000
0
0 0
0 0
0 2,000
0 0
0 0
0 0
0 0
60,000 0
1,000 118,000
0 25,000
22,000 6,000
Nunavut $
50
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
17. 18.
19. 20.
21. 22.
23. 24.
25. 26.
27. 28.
29. 30.
31. 32.
33. 34.
35. 36.
37. 38.
11. 12.
9. 10.
15. 16.
7. 8.
5. 6.
13. 14.
3. 4.
1. 2.
Totals $
Motors Insurance Corporation ............ St Paul Fire & Marine Ins Co ..............
ACE INA Insurance ............................ Pafco Insurance Company .................
Peace Hills General Insurance ........... Chubb Insurance Co of Canada .........
Chartis Insurance Co of Canada ........ L’Unique Assurances Generales ........
Industrielle Alliance Co ....................... Portage La Prairie Mutual Ins .............
Guarantee Co Of North America ........ Canadian Direct Insurance .................
York Fire & Casualty Ins Co ............... Pembridge Insurance Company .........
CAA Insurance (Ontario) .................... SSQ, Societe d’assurances Gen ........
Gore Mutual Insurance Company ...... Echelon General Insurance Co ..........
SGI Canada Group ............................. Jevco Insurance Company .................
Zurich Insurance Company Ltd .......... Alberta Motor Association ..................
La Capitale Assurances Gen Inc ........ Ontario Mutual Insurance Assoc ........
Allstate Insurance of Canada ............. RBC General Insurance Company .....
The Dominion Of Canada ................... Northbridge Financial Corp ................
Desjardins General Ins Group ............ AXA Canada Group Of Companies ....
55,405,000 46,581,000
61,056,000 55,468,000
66,633,000 61,414,000
76,903,000 67,564,000
82,544,000 79,190,000
85,395,000 84,378,000
90,654,000 86,912,000
103,328,000 93,452,000
131,893,000 120,638,000
174,570,000 145,191,000
197,558,000 191,603,000
259,879,000 216,633,000
394,485,000 304,424,000
725,444,000 580,161,000
938,537,000 847,825,000
The Economical Insurance Group ...... 1,019,967,000 Wawanesa Mutual Insurance Co ....... 1,013,248,000
Co-operators General Insurance ........ 1,098,037,000 RSA Canada Group ........................... 1,020,280,000
TD Insurance ...................................... 1,597,677,000 State Farm Insurance Company ........ 1,380,825,000
Intact Financial Corporation ............... 2,435,184,000 Aviva Canada Inc ............................... 1,769,046,000
Company
147,000 758,000
382,000 0
0 75,000
558,000 0
0 1,757,000
61,000 0
0 0
0 0
0 0
0 36,000
792,000 0
0 0
0 1,478,000
31,714,000 9,344,000
2,813,000 38,651,000
13,689,000 0
44,622,000 82,673,000
7,525,000 0
2,000 60,464,000
Nfld. $
16,000 161,000
328,000 0
0 0
89,000 0
0 2,799,000
12,000 0
0 0
785,000 0
0 550,000
7,437,000 0
519,000 0
0 0
0 3,315,000
10,462,000 2,240,000
3,956,000 1,000
2,160,000 5,088,000
10,253,000 5,228,000
4,318,000 0
5,196,000 10,262,000
P.E.I. $
235,000 1,436,000
2,116,000 1,112,000
0 139,000
1,864,000 0
0 25,320,000
773,000 0
0 11,059,000
3,296,000 0
0 7,111,000
2,477,000 26,000
3,124,000 0
0 0
9,036,000 8,149,000
33,752,000 13,158,000
20,924,000 10,686,000
34,598,000 42,165,000
27,381,000 63,221,000
40,653,000 0
73,831,000 64,237,000
N.S. $
Ontario $
3,623,000 3,349,000
6,957,000 19,907,000
0 7,527,000
10,130,000 51,239,000
82,544,000 0
1,769,000 0
0 2,000
0 93,452,000
0 11,136,000
0 61,164,000
32,909,000 0
259,879,000 0
46,612,000 19,135,000
587,000 62,752,000
504,008,000 362,989,000
45,274,000 58,573,000
125,000,000 15,067,000
48,678,000 21,026,000
28,917,000 33,188,000
0 51,666,000
47,100,000 0
0 20,374,000
81,205,000 0
90,905,000 57,473,000
96,162,000 0
131,808,000 101,107,000
21,272,000 64,985,000
92,771,000 0
0 216,633,000
257,961,000 235,141,000
550,035,000 388,158,000
357,407,000 299,865,000
712,406,000 380,446,000
584,658,000 577,226,000
114,013,000 994,828,000 0 1,228,046,000
538,079,000 1,245,252,000 266,815,000 1,073,715,000
Quebec $
(Continued On Page 52)
172,000 1,570,000
4,199,000 1,264,000
0 55,000
2,327,000 0
0 6,515,000
544,000 0
0 10,331,000
3,085,000 0
0 205,000
4,426,000 283,000
5,610,000 0
0 0
22,244,000 7,500,000
14,135,000 15,521,000
10,679,000 34,533,000
35,693,000 72,864,000
30,648,000 24,433,000
29,541,000 29,975,000
22,996,000 53,784,000
N.B. $
388,000 178,000
1,268,000 0
0 113,000
719,000 0
0 0
0 0
0 0
0 0
0 0
52,000 0
358,000 0
0 0
0 278,000
92,000 924,000
0 4,000
7,000 0
711,000 88,000
0 0
1,179,000 1,192,000
Manitoba $
(Excludes A&S and Reinsurance Companies)
2009 DIRECT WRITTEN AUTO
1,140,000 0
0 0
0 214,000
14,000 2,391,000
0 123,000
0 0
8,183,000 259,000
0 0
28,000 5,427,000
Sask. $
438,000 703,000
610,000 0
0 65,000
640,000 0
0 1,083,000
1,000 0
0 0
0 0
0 0
118,578,000 0
By company – on a province by province basis
1,385,000 15,988,000
14,302,000 0
65,098,000 1,478,000
10,423,000 0
0 21,342,000
954,000 43,572,000
–251,000 7,977,000
0 0
0 498,000
20,286,000 18,649,000
55,096,000 191,603,000
0 0
58,395,000 27,038,000
81,685,000 81,100,000
37,427,000 94,669,000
115,326,000 449,550,000
261,431,000 208,508,000
399,569,000 122,000,000
527,829,000 225,025,000
Alberta $
286,000 481,000
1,350,000 0
0 255,000
2,975,000 16,325,000
0 0
3,000 40,806,000
0 0
0 0
0 0
3,000 0
3,994,000 0
0 0
0 1,646,000
913,000 3,134,000
0 5,060,000
60,048,000 0
115,000 38,311,000
0 0
13,896,000 1,866,000
B.C. $
5,000 315,000
281,000 –1,000
796,000 0
21,000 0
0 0
14,000 0
0 13,000
0 0
18,000 10,000
8,000 –28,000
614,000 0
0 0
42,000 223,000
1,175,000 407,000
328,000 314,000
175,000 3,942,000
2,582,000 1,639,000
4,099,000 150,000
2,470,000 2,506,000
Yukon $
28,000 365,000
281,000 –2,000
606,000 41,000
47,000 0
0 0
45,000 0
0 47,000
0 0
53,000 16,000
25,000 59,000
483,000 0
0 0
159,000 238,000
654,000 774,000
931,000 705,000
451,000 492,000
2,237,000 2,295,000
2,908,000 528,000
3,977,000 3,245,000
N.W.T. $
4,000 251,000
65,000 0
133,000 0
10,000 0
0 0
14,000 0
0 10,000
0 0
14,000 5,000
6,000 17,000
148,000 0
0 0
36,000 69,000
226,000 258,000
64,000 225,000
140,000 128,000
216,000 1,332,000
223,000 126,000
449,000 508,000
Nunavut $
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52
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
39. 40.
41. 42.
43. 44.
45. 46.
47. 48.
49. 50.
51. 52.
53. 54.
55. 56.
57. 58.
298,911,000
TOTALS ............................................. 17,995,735,000
3,000 0
0 0
14,000 6,000
21,000 118,000
134,000 0
70,000 34,000
0 88,000
0 331,000
403,000 148,000
Nfld. $
0 0
871,000 323,000
1,599,000 1,117,000
3,517,000 2,472,000
5,336,000 5,005,000
9,502,000 8,360,000
15,834,000 12,520,000
25,280,000 18,617,000
29,801,000 25,426,000
38,473,000 31,374,000
Totals $
323,000 3,000
Mennonite Mutual Fire Ins Co ............ Lumbermens Mutual Casualty Co ......
Hartford Fire Insurance Co ................. XL Insurance ......................................
Ontario School Board’s Ins Ex ........... Le Groupe Estrie-Richelieu Co ...........
Mitsui Sumitomo Ins Co Ltd ............... Arch Insurance (Canada) ...................
Tokio Marine & Nichido Fire ............... American Road Insurance Co ............
GCAN Insurance Company ................ Saskatchewan Mutual Ins Co .............
CNA Canada Group ........................... Lloyd’s Underwriters ...........................
North Waterloo Farmers Mutual ......... Allianz Global Risks US ......................
Optimum General Inc ......................... Liberty Mutual Insurance Co ..............
Old Republic Insurance Company ...... Cumis General Insurance Co .............
Company
(Continued From Page 50)
75,527,000
0 0
0 0
0 0
0 0
0 0
24,000 0
14,000 0
0 9,000
0 11,000
34,000 260,000
P.E.I. $
506,423,000
0 0
15,000 5,000
0 0
21,000 0
50,000 169,000
186,000 0
67,000 0
0 186,000
0 210,000
794,000 2,841,000
N.S. $
448,936,000
0 0
10,000 6,000
0 0
22,000 0
22,000 94,000
340,000 0
25,000 2,000
0 178,000
0 471,000
1,869,000 765,000
N.B. $
0 0
551,000 208,000
1,599,000 0
2,741,000 1,815,000
4,635,000 1,454,000
3,230,000 0
7,435,000 435,000
25,280,000 7,145,000
22,512,000 11,593,000
29,029,000 24,904,000
Ontario $
2,828,913,000 10,234,980,000
0 3,000
124,000 25,000
0 1,117,000
202,000 107,000
346,000 1,272,000
2,035,000 0
1,239,000 8,466,000
0 2,335,000
4,056,000 2,591,000
504,000 0
Quebec $
(Excludes A&S and Reinsurance Companies)
2009 DIRECT WRITTEN AUTO
9,758,000
0 0
7,000 10,000
0 0
1,000 0
1,000 155,000
24,000 1,321,000
422,000 8,000
0 72,000
0 130,000
37,000 19,000
Manitoba $
By company – on a province by province basis
148,416,000
323,000 0
9,000 0
0 0
0 0
1,000 248,000
78,000 7,038,000
69,000 181,000
0 204,000
0 336,000
18,000 14,000
Sask. $
3,199,072,000
0 0
102,000 55,000
0 0
487,000 544,000
198,000 1,014,000
3,081,000 1,000
5,968,000 1,970,000
0 7,648,000
3,233,000 8,871,000
5,529,000 2,419,000
Alberta $
0 0
0 0
0 0
1,000 0
1,000 9,000
31,000 0
12,000 148,000
0 33,000
0 28,000
17,000 0
Yukon $
195,806,000 22,398,000
0 0
50,000 14,000
0 0
24,000 0
58,000 442,000
310,000 0
448,000 1,276,000
0 669,000
0 841,000
203,000 4,000
B.C. $
21,854,000
0 0
0 0
0 0
3,000 0
2,000 30,000
25,000 0
50,000 0
0 30,000
0 6,000
20,000 0
N.W.T. $
4,741,000
0 0
0 0
0 0
1,000 0
1,000 0
4,000 0
15,000 0
0 20,000
0 7,000
16,000 0
Nunavut $
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
FIVE
13.50 49.38 40.21 65.40 48.79 44.87
AUTO TOTAL
2005 4,341,402,000 2,907,504,000 66.97 2006 4,402,996,000 2,398,237,000 54.47 2007 4,405,880,000 2,385,360,000 54.14 2008 4,353,904,000 2,505,807,000 57.55 2009 4,482,639,000 2,676,233,000 59.70 Total 21,986,821,000 12,873,141,000 58.55 2009 Net Premiums Written: 4,371,257,000 2009 Direct Written Premiums: 4,614,145,000
CLASSES
31.53 25.18 25.03 72.73 26.79 36.12
MORTGAGE 2005 0 2006 0 2007 1,000 2008 0 2009 0 Total 1,000 2009 Net Premiums Written: 0 2009 Direct Written Premiums: 0
MARINE
CREDIT 51.79 52.86 61.39 96.87 44.97 60.47
2005 247,929,000 122,219,000 2006 245,170,000 168,963,000 2007 241,349,000 114,188,000 2008 247,634,000 119,235,000 2009 253,825,000 137,371,000 Total 1,235,907,000 661,976,000 2009 Net Premiums Written: 252,371,000 2009 Direct Written Premiums: 294,923,000
49.30 68.92 47.31 48.15 54.12 53.56
CREDIT PROTECTION
ACCIDENT & SICKNESS
2005 8,888,000 –369,000 –4.15 2006 72,113,000 2,066,000 2.86 2007 45,281,000 2,010,000 4.44 2008 40,525,000 1,751,000 4.32 2009 33,921,000 –13,424,000 –39.57 Total 200,728,000 –7,966,000 –3.97 2009 Net Premiums Written: 34,750,000 2009 Direct Written Premiums: 218,472,000
2005 564,575,000 230,885,000 40.90 2006 540,453,000 169,962,000 31.45 2007 572,591,000 217,272,000 37.95 2008 842,508,000 457,019,000 54.25 2009 913,550,000 522,640,000 57.21 Total 3,433,677,000 1,597,778,000 46.53 2009 Net Premiums Written: 897,586,000 2009 Direct Written Premiums: 1,051,122,000
ALL CLASSES COMBINED
FIDELITY 2005 127,301,000 40,687,000 2006 115,464,000 58,140,000 2007 112,416,000 42,003,000 2008 110,180,000 63,195,000 2009 111,907,000 56,825,000 Total 577,268,000 260,850,000 2009 Net Premiums Written: 112,540,000 2009 Direct Written Premiums: 120,113,000
31.96 50.35 37.36 57.36 50.78 45.19
2005 32,999,236,000 21,344,638,000 64.68 2006 32,929,516,000 19,800,881,000 60.13 2007 33,663,815,000 21,261,911,000 63.16 2008 34,867,811,000 24,640,979,000 70.67 2009 36,380,301,000 25,478,116,000 70.03 Total 170,840,679,000 112,526,525,000 65.87 2009 Net Premiums Written: 36,999,845,000 2009 Direct Written Premiums: 38,437,317,000
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
52.72 8.48 32.54 41.30 44.31 32.47
LIABILITY
BY
BOILER & MACHINERY
86.35 80.00 79.75 96.52 17.73 71.72
LEGAL EXPENSE 2005 8,423,000 4,441,000 2006 21,821,000 1,850,000 2007 10,571,000 3,440,000 2008 16,347,000 6,751,000 2009 17,572,000 7,787,000 Total 74,734,000 24,269,000 2009 Net Premiums Written: 13,066,000 2009 Direct Written Premiums: 13,083,000
RECORD
2005 16,778,687,000 10,892,965,000 64.92 2006 16,341,650,000 10,993,556,000 67.27 2007 16,570,436,000 11,726,553,000 70.77 2008 16,953,984,000 13,030,584,000 76.86 2009 17,450,617,000 13,262,895,000 76.00 Total 84,095,374,000 59,906,553,000 71.24 2009 Net Premiums Written: 17,829,525,000 2009 Direct Written Premiums: 17,999,309,000
2005 33,571,000 17,385,000 2006 27,974,000 14,788,000 2007 27,223,000 16,713,000 2008 24,753,000 23,978,000 2009 27,169,000 12,218,000 Total 140,690,000 85,082,000 2009 Net Premiums Written: 28,264,000 2009 Direct Written Premiums: 50,094,000
2005 56,212,000 48,539,000 2006 35,156,000 28,125,000 2007 47,725,000 38,059,000 2008 55,132,000 53,215,000 2009 53,045,000 9,405,000 Total 247,270,000 177,343,000 2009 Net Premiums Written: 53,373,000 2009 Direct Written Premiums: 54,987,000
YEAR
AIRCRAFT
2005 281,173,000 88,642,000 2006 294,518,000 74,147,000 2007 291,383,000 72,938,000 2008 288,460,000 209,789,000 2009 301,550,000 80,782,000 Total 1,457,084,000 526,298,000 2009 Net Premiums Written: 292,504,000 2009 Direct Written Premiums: 340,487,000
Loss Ratio %
HAIL
2005 10,021,331,000 6,883,755,000 68.69 2006 10,217,480,000 5,706,094,000 55.85 2007 10,683,208,000 6,473,577,000 60.60 2008 11,184,786,000 7,914,327,000 70.76 2009 11,961,583,000 8,499,043,000 71.05 Total 54,068,388,000 35,476,796,000 65.61 2009 Net Premiums Written: 12,319,349,000 2009 Direct Written Premiums: 12,768,549,000 2005 161,470,000 21,797,000 2006 201,603,000 99,551,000 2007 193,309,000 77,735,000 2008 203,694,000 133,214,000 2009 223,835,000 109,214,000 Total 983,911,000 441,511,000 2009 Net Premiums Written: 215,939,000 2009 Direct Written Premiums: 270,203,000
Net Losses Incurred $
0 0 0 –67,000 0 –67,000
0.00 0.00 0.00 0.00 0.00 0.00
OTHER APPROVED PRODUCTS 2005 2,550,000 1,000 0.04 2006 0 0 0.00 2007 2,197,000 1,108,000 50.43 2008 1,152,000 200,000 17.36 2009 1,089,000 –1,114,000 102.30 Total 6,988,000 195,000 2.79 2009 Net Premiums Written: 617,000 2009 Direct Written Premiums: 3,508,000
SURETY 2005 262,678,000 65,215,000 2006 289,350,000 47,340,000 2007 312,178,000 53,122,000 2008 344,224,000 55,796,000 2009 364,137,000 61,939,000 Total 1,572,567,000 283,412,000 2009 Net Premiums Written: 394,842,000 2009 Direct Written Premiums: 454,466,000
24.83 16.36 17.02 16.21 17.01 18.02
TITLE 2005 103,046,000 20,972,000 2006 123,768,000 38,062,000 2007 148,067,000 37,833,000 2008 200,528,000 66,185,000 2009 183,862,000 56,302,000 Total 759,271,000 219,354,000 2009 Net Premiums Written: 183,862,000 2009 Direct Written Premiums: 183,856,000
20.35 30.75 25.55 33.01 30.62 28.89
53
54
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010 0
1,670,617,000
General Reinsurance Corp ....................... Caisse Centrale De Reassurance ............
Odyssey America Rein Corp .................... Toa Reinsurance Co of America ..............
Munich Reinsurance America Inc ............. MAPFRE Re Compania De Re SA ..........
American Agricultural Ins Co .................... White Mountains Reinsurance Co ............
Nipponkoa Insurance Co Ltd .................... Endurance Reinsurance Corp Am ............
Alea (Bermuda) Ltd .................................. T.H.E. Insurance Company ......................
Cousee RE ...............................................
TOTALS ...................................................
15. 16.
17. 18.
19. 20.
21. 22.
23. 24.
25.
42,000 19,000
1,170,000 96,000
9,818,000 6,748,000
14,444,000 13,096,000
45,180,000 37,156,000
51,018,000 46,095,000
65,449,000 51,802,000
13. 14.
100,785,000 72,641,000
107,826,000 103,292,000
Aspen Insurance UK Limited .................... Paris Re ....................................................
Farm Mutual Reinsurance Plan ................ Partner Reinsurance Europe Ltd ..............
7. 8.
119,105,000 110,913,000
11. 12.
Transatlantic Reinsurance Co .................. Promutuel Reassurance ...........................
5. 6.
137,496,000 136,057,000
Hannover Ruckversicherung AG .............. XL Re America Inc - Cdn Branch .............
Swiss Reinsurance Group ........................ Everest Reinsurance Company ................
3. 4.
291,861,000 148,508,000
9. 10.
Munich Reinsurance Cda Group .............. SCOR Canada Reinsurance Co ...............
1. 2.
Net Premiums Written $
1,689,803,000
0
43,000 32,000
1,203,000 96,000
9,882,000 6,987,000
14,781,000 12,928,000
45,367,000 35,944,000
47,934,000 46,211,000
72,567,000 52,272,000
100,417,000 85,592,000
115,947,000 108,184,000
113,631,000 106,753,000
141,302,000 131,860,000
293,858,000 146,012,000
Net Premiums Earned 100% Basis $
76.03 15.33
168.33 59.99
61.04 73.04
19.00 70.46
85.74 92.18
89.21 70.49
93.08 67.37
61.51 66.43
54.33 61.91
62.88 73.08
Earned Loss Ratio %
1,186,468,000
19,948,000
399,000 –43,000
70.21
0.00
927.91 –134.38
112,000 9.31 –2,622,000 –2,731.25
7,513,000 1,071,000
24,881,000 7,756,000
27,690,000 26,253,000
9,108,000 32,561,000
62,219,000 48,183,000
89,586,000 60,338,000
107,924,000 72,885,000
69,895,000 70,919,000
76,769,000 81,632,000
184,787,000 106,704,000
Net Claims & Adjusting Expenses $
323,063,000
0
–25,000 3,000
253,000 290,000
1,546,000 1,655,000
2,789,000 3,393,000
9,362,000 6,489,000
4,642,000 11,355,000
6,875,000 4,627,000
21,019,000 19,816,000
9,418,000 29,280,000
23,740,000 21,497,000
17,748,000 26,553,000
67,059,000 33,679,000
Commissions $
11,422,000
0
0 1,000
29,000 0
0 0
70,000 0
0 0
–96,000 24,000
0 0
0 1,556,000
0 0
5,000 565,000
3,048,000 0
6,220,000 0
Taxes $
141,347,000
2,036,000
371,000 139,000
392,000 151,000
564,000 1,515,000
649,000 392,000
2,681,000 2,940,000
12,180,000 2,776,000
5,004,000 6,626,000
1,925,000 10,301,000
8,598,000 6,559,000
3,446,000 9,292,000
24,646,000 5,558,000
25,304,000 7,302,000
General Expenses $
2009 REINSURANCE RESULTS
28.16
0.00
804.65 446.88
56.03 459.38
21.35 45.37
23.73 29.28
26.55 26.23
34.89 30.63
16.37 21.53
22.85 37.00
15.54 33.13
23.93 29.37
32.16 24.35
33.55 28.07
Total Expense Ratio %
98.37
0.00
1,732.56 312.50
65.34 –2,271.87
97.38 60.70
192.06 89.27
87.59 99.27
53.89 101.09
102.11 113.71
112.06 107.49
108.62 100.50
85.44 95.80
86.49 86.26
96.43 101.15
Combined Loss & Exp. Ratio %
29,373,000
–21,984,000
–702,000 –68,000
417,000 2,277,000
259,000 2,746,000
–13,608,000 1,387,000
5,634,000 262,000
23,049,000 –505,000
–1,531,000 –7,164,000
–12,113,000 –5,497,000
–9,993,000 –540,000
16,545,000 4,480,000
19,091,000 18,117,000
10,487,000 –1,673,000
Undrwtg. Profit or Loss $
370,490,000
19,201,000
326,000 103,000
987,000 461,000
1,844,000 3,004,000
9,951,000 1,392,000
15,806,000 8,019,000
10,121,000 4,635,000
2,616,000 9,863,000
19,514,000 27,162,000
37,363,000 13,096,000
19,325,000 2,173,000
44,349,000 21,172,000
82,627,000 15,380,000
Inv. Income $
–13.61
–1.30 0.94
4.13 11.09
5.65 7.02
7.09 6.26
12.68 9.75
15.42 5.74
0.84 5.32
2.99 9.79
16.47 7.88
8.66 4.60
6.95 12.25
14.71 5.43
Return on Equity %
ToaRe STAT-AB-CUW
5/21/09
9:49 AM
Page 1
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 • Toronto • London • Switzerland • Hong Kong • Kuala Lumpur • Singapore • Taiwan
56
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
RSA Canada Group .................................. Lloyd’s Underwriters .................................
Desjardins General Ins Group .................. TD Insurance ............................................
State Farm Insurance Company ............... Chartis Insurance Co of Canada ..............
Northbridge Financial Corp ....................... The Dominion Of Canada .........................
Zurich Insurance Company Ltd ................ Chubb Insurance Co of Canada ...............
Ontario Mutual Insurance Assoc .............. Factory Mutual Insurance Co ...................
SGI Canada Group ................................... La Capitale Assurances Gen Inc ..............
Allstate Insurance of Canada ................... Gore Mutual Insurance Company .............
ACE INA Insurance .................................. GCAN Insurance Company ......................
Allianz Global Risks US ............................ Peace Hills General Insurance .................
St Paul Fire & Marine Ins Co .................... Guarantee Co Of North America ..............
Portage La Prairie Mutual Ins ................... Affiliated FM Insurance Co .......................
RBC General Insurance Company ........... Optimum General Inc ...............................
Alberta Motor Association ......................... SSQ, Societe d’assurances Gen ..............
Red River Mutual ...................................... CNA Canada Group .................................
Industrielle Alliance Co ............................. Lumbermen’s Underwriting .......................
Grain Insurance & Guarantee Co ............. L’Unique Assurances Generales ..............
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.
35. 36.
37. 38.
39. 40.
AXA Canada Group Of Companies .......... The Economical Insurance Group ............
Co-operators General Insurance .............. Wawanesa Mutual Insurance Co ..............
3. 4.
Intact Financial Corporation ...................... Aviva Canada Inc .....................................
1. 2.
Company
40,717,000 39,593,000
48,104,000 44,195,000
53,441,000 52,963,000
55,565,000 54,284,000
78,105,000 63,458,000
82,072,000 81,811,000
85,010,000 84,587,000
97,297,000 90,170,000
104,510,000 99,342,000
154,951,000 105,219,000
209,393,000 157,231,000
269,546,000 230,451,000
307,666,000 275,998,000
383,832,000 361,097,000
402,578,000 389,988,000
537,729,000 522,352,000
595,141,000 549,444,000
669,462,000 625,358,000
892,965,000 689,499,000
1,476,903,000 1,169,098,000
Totals $
393,000 0
0 456,000
0 99,000
0 0
415,000 0
609,000 697,000
939,000 89,000
774,000 0
816,000 735,000
0 18,000
6,000 0
0 5,211,000
2,886,000 313,000
6,996,000 6,716,000
0 4,204,000
888,000 3,125,000
30,547,000 6,897,000
12,578,000 4,456,000
28,033,000 0
200,000 22,191,000
Nfld. $
94,000 0
0 36,000
0 47,000
0 0
193,000 0
554,000 175,000
197,000 114,000
154,000 0
77,000 137,000
0 0
1,756,000 0
0 663,000
570,000 105,000
1,293,000 3,856,000
0 1,140,000
609,000 658,000
2,166,000 1,927,000
31,000 1,491,000
5,933,000 960,000
2,195,000 3,367,000
P.E.I. $
1,487,000 0
0 403,000
0 268,000
0 0
2,740,000 0
9,540,000 1,375,000
2,390,000 736,000
1,273,000 0
910,000 1,021,000
3,077,000 11,000
1,218,000 0
0 5,855,000
3,771,000 510,000
7,632,000 15,211,000
0 5,232,000
7,409,000 14,323,000
34,712,000 5,227,000
8,063,000 24,649,000
27,856,000 14,672,000
49,631,000 29,072,000
N.S. $
526,000 39,593,000
48,104,000 21,454,000
0 3,018,000
0 54,284,000
11,734,000 18,986,000
0 33,611,000
14,263,000 25,327,000
10,435,000 0
22,453,000 17,503,000
36,169,000 0
9,000 157,231,000
0 36,662,000
54,745,000 49,641,000
50,527,000 1,797,000
0 66,863,000
440,172,000 86,360,000
30,666,000 88,584,000
328,378,000 69,582,000
138,025,000 22,530,000
442,030,000 216,689,000
Quebec $
(Continued On Page 58)
1,157,000 0
0 1,713,000
0 915,000
0 0
1,763,000 0
3,181,000 674,000
628,000 415,000
3,096,000 0
1,571,000 919,000
6,061,000 24,000
1,742,000 0
0 8,162,000
2,832,000 1,929,000
5,861,000 6,185,000
14,456,000 6,383,000
2,962,000 8,635,000
12,756,000 9,814,000
12,157,000 17,314,000
23,485,000 19,344,000
18,005,000 25,370,000
N.B. $
7,124,000 0
0 7,083,000
0 8,968,000
108,000 0
49,471,000 9,105,000
8,430,000 27,052,000
23,096,000 52,373,000
39,181,000 0
30,651,000 30,703,000
90,386,000 60,825,000
8,596,000 0
269,546,000 74,338,000
102,408,000 143,077,000
163,216,000 214,009,000
352,753,000 97,787,000
68,597,000 258,381,000
209,501,000 104,712,000
125,360,000 303,778,000
285,526,000 108,394,000
501,422,000 459,634,000
Ontario $
4,691,000 0
0 525,000
49,427,000 5,054,000
9,151,000 0
324,000 4,004,000
40,418,000 2,710,000
5,684,000 1,492,000
3,257,000 10,402,000
4,572,000 2,689,000
0 132,000
13,740,000 0
0 7,037,000
9,573,000 3,240,000
8,858,000 1,124,000
0 11,008,000
4,617,000 2,536,000
7,610,000 14,338,000
2,658,000 6,077,000
37,211,000 85,991,000
47,902,000 46,288,000
Manitoba $
(Excludes A&S and Reinsurance Companies)
By company – on a province by province basis
9,571,000 0
0 287,000
4,014,000 3,157,000
14,000 0
449,000 112,000
8,138,000 1,268,000
4,872,000 115,000
6,899,000 5,033,000
5,341,000 4,588,000
0 58,000
173,634,000 0
0 9,479,000
9,132,000 1,643,000
14,027,000 1,448,000
0 13,627,000
797,000 1,891,000
6,714,000 11,262,000
2,854,000 935,000
49,322,000 77,992,000
1,591,000 30,012,000
Sask. $
2009 DIRECT WRITTEN PROPERTY
5,793,000 0
0 1,988,000
0 21,907,000
46,206,000 0
7,038,000 1,517,000
10,476,000 5,938,000
14,404,000 2,389,000
16,774,000 46,284,000
23,405,000 24,999,000
18,632,000 819,000
8,588,000 0
0 28,654,000
52,388,000 28,654,000
47,211,000 48,439,000
35,369,000 126,702,000
9,001,000 131,279,000
77,439,000 120,382,000
47,131,000 60,182,000
195,799,000 203,010,000
226,355,000 132,738,000
Alberta $
9,809,000 0
0 10,252,000
0 9,325,000
86,000 0
3,792,000 29,734,000
726,000 8,285,000
17,031,000 1,536,000
14,484,000 26,747,000
13,753,000 15,871,000
626,000 43,330,000
99,000 0
0 52,426,000
64,394,000 46,799,000
76,470,000 60,533,000
0 52,163,000
2,440,000 12,832,000
180,536,000 180,343,000
129,141,000 136,894,000
94,847,000 154,697,000
183,157,000 194,243,000
B.C. $
50,000 0
0 –2,000
0 10,000
0 0
85,000 0
0 0
266,000 0
835,000 543,000
29,000 75,000
0 2,000
3,000 0
0 196,000
246,000 31,000
371,000 635,000
0 909,000
51,000 1,317,000
997,000 1,039,000
506,000 0
2,374,000 1,909,000
909,000 2,952,000
Yukon $
22,000 0
0 0
0 44,000
0 0
27,000 0
0 26,000
692,000 1,000
125,000 760,000
158,000 40,000
0 0
2,000 0
0 814,000
4,721,000 56,000
1,238,000 918,000
0 2,444,000
172,000 957,000
1,046,000 2,134,000
605,000 0
4,192,000 0
3,214,000 6,529,000
N.W.T. $
0 0
0 0
0 151,000
0 0
74,000 0
0 0
548,000 0
10,000 401,000
774,000 62,000
0 0
0 0
0 954,000
0 0
132,000 226,000
0 1,526,000
14,000 58,000
451,000 2,785,000
0 0
362,000 0
292,000 13,000
Nunavut $
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58
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010 23,000 20,000 12,768,577,000
North Waterloo Farmers Mutual ............... Canadian Direct Insurance .......................
Arch Insurance (Canada) ......................... Saskatchewan Mutual Ins Co ...................
Pembridge Insurance Company ............... Mutual Fire Insurance Co of BC ...............
Great American Insurance Co .................. York Fire & Casualty Ins Co .....................
CAA Insurance (Ontario) .......................... Jevco Insurance Company .......................
Echelon General Insurance Co ................ Triton Insurance ........................................
PEI Mutual Insurance Company ............... Ontario School Board’s Ins Ex ..................
Motors Insurance Corporation .................. Mennonite Mutual Fire Ins Co ..................
Tokio Marine & Nichido Fire ..................... XL Insurance ............................................
Hartford Fire Insurance Co ....................... Pool Insurance Company .........................
American Bankers of Florida .................... Mitsui Sumitomo Ins Co Ltd ......................
Boiler Inspection & Insurance ................... Kings Mutual Insurance Company ............
Old Republic Insurance Company ............ Antigonish Farmers’ Mutual ......................
Sompo Japan Insurance Inc ..................... Clare Mutual Insurance Company ............
Omega General Insurance Co .................. Legacy General Insurance Co ..................
Travelers Guarantee Co of Cda ............... Trisura Guarantee Insurance Co ..............
TOTALS ...................................................
45. 46.
47. 48.
49. 50.
51. 52.
53. 54.
55. 56.
57. 58.
59. 60.
61. 62.
63. 64.
65. 66.
67. 68.
69. 70.
71. 72.
73. 74.
75. 76.
995,000 721,000
2,840,000 2,172,000
3,970,000 3,767,000
6,750,000 5,666,000
8,000,000 7,195,000
8,706,000 8,151,000
10,576,000 10,143,000
11,138,000 11,124,000
12,745,000 11,181,000
13,452,000 13,204,000
19,145,000 16,156,000
23,347,000 20,138,000
26,990,000 23,910,000
30,330,000 28,561,000
31,892,000 31,341,000
32,059,000 31,980,000
SecuriCAN General Insurance Co ............ Cumis General Insurance Co ...................
43. 44.
35,714,000 33,350,000
Liberty Mutual Insurance Co ..................... Le Groupe Estrie-Richelieu Co .................
Totals $
41. 42.
Company
(Continued From Page 56)
143,007,000
0 1,000
0 27,000
0 0
48,000 0
22,000 0
96,000 6,000
0 0
16,000 17,000
0 0
0 0
18,000 330,000
0 93,000
78,000 0
0 0
36,000 0
0 0
170,000 296,000
466,000 0
Nfld. $
43,840,000
0 0
0 5,000
0 0
3,000 0
9,000 5,000
34,000 0
0 0
3,000 0
0 0
12,745,000 0
13,000 42,000
58,000 7,000
55,000 0
0 0
8,000 0
0 0
68,000 183,000
104,000 0
P.E.I. $
302,125,000
0 0
1,000 35,000
6,000 2,172,000
130,000 3,767,000
28,000 5,657,000
162,000 1,000
5,000 0
92,000 1,398,000
3,000 0
0 0
52,000 305,000
588,000 222,000
132,000 0
3,446,000 0
343,000 0
0 0
1,125,000 2,019,000
162,000 0
N.S. $
227,224,000
0 0
–1,000 28,000
1,000 0
197,000 0
285,000 4,000
164,000 9,000
45,000 0
11,000 215,000
1,000 0
0 0
75,000 198,000
473,000 145,000
89,000 0
3,088,000 0
474,000 0
0 0
288,000 1,316,000
610,000 0
N.B. $
2,711,048,000
0 2,000
55,000 144,000
341,000 0
22,000 0
2,569,000 0
923,000 378,000
114,000 0
553,000 1,579,000
48,000 0
0 0
4,616,000 0
0 13,875,000
97,000 0
3,356,000 0
2,851,000 0
0 0
1,051,000 1,000
7,172,000 33,350,000
Quebec $
4,480,051,000
23,000 15,000
544,000 255,000
1,661,000 0
2,989,000 0
2,518,000 0
3,771,000 3,671,000
1,672,000 106,000
4,647,000 3,264,000
–54,000 0
0 11,181,000
1,910,000 5,421,000
18,026,000 1,018,000
9,801,000 20,068,000
15,462,000 0
6,464,000 0
31,892,000 0
16,186,000 14,043,000
7,906,000 0
Ontario $
(Excludes A&S and Reinsurance Companies)
472,744,000
0 0
85,000 31,000
2,000 0
8,000 0
140,000 0
321,000 33,000
1,149,000 1,323,000
5,000 352,000
4,000 0
0 0
261,000 1,033,000
0 175,000
1,415,000 0
0 0
791,000 3,605,000
0 0
996,000 6,144,000
531,000 0
Manitoba $
By company – on a province by province basis
2009 DIRECT WRITTEN PROPERTY
506,952,000
0 0
27,000 38,000
72,000 0
10,000 0
417,000 0
309,000 14,000
1,716,000 3,862,000
54,000 289,000
641,000 11,124,000
0 0
331,000 392,000
0 115,000
1,947,000 0
0 0
2,791,000 17,724,000
0 0
365,000 1,815,000
2,623,000 0
Sask. $
1,907,928,000
0 0
34,000 72,000
235,000 0
511,000 0
287,000 0
927,000 849,000
3,625,000 2,267,000
1,836,000 2,405,000
6,058,000 0
0 0
2,433,000 3,492,000
0 242,000
6,461,000 70,000
1,638,000 585,000
13,282,000 7,232,000
0 6,747,000
4,576,000 3,300,000
10,874,000 0
Alberta $
1,917,148,000
0 2,000
245,000 80,000
522,000 0
52,000 0
470,000 0
1,286,000 2,227,000
379,000 593,000
3,343,000 619,000
4,432,000 0
0 0
3,736,000 1,843,000
0 241,000
3,272,000 0
0 23,325,000
3,271,000 0
0 24,594,000
7,166,000 2,863,000
5,186,000 0
B.C. $
16,543,000
0 0
0 1,000
0 0
0 0
0 0
0 0
0 0
0 2,000
5,000 0
0 0
2,000 52,000
0 3,000
0 0
0 0
16,000 0
0 0
44,000 0
80,000 0
Yukon $
0 0
31,122,000
0 0
3,000 4,000
0 0
0 0
5,000 0
6,000 7,000
1,000 0
16,000 3,000
0 0
0 0
4,000 96,000
0 20,000
0 0
0 0
2,000 0
0 0
18,000 0
N.W.T. $
8,845,000
0 0
2,000 1,000
0 0
0 0
0 0
1,000 0
0 0
0 0
0 0
0 0
1,000 0
0 0
0 0
0 0
1,000 0
0 0
6,000 0
0 0
Nunavut $
Underwriting Profit Producers - 2009 (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. 35. 36. 37. 38.
Lloyd’s Underwriters .......................................................... Factory Mutual Insurance Co ............................................ Desjardins General Ins Group ........................................... Chubb Insurance Co of Canada ........................................ RSA Canada Group .......................................................... St Paul Fire & Marine Ins Co ............................................. Travelers Guarantee Co of Cda ........................................ Motors Insurance Corporation ........................................... National Liability & Fire Ins ................................................ Chartis Insurance Co of Canada ....................................... AXA Canada Group Of Companies ................................... Liberty Mutual Insurance Co ............................................. CNA Canada Group .......................................................... GCAN Insurance Company ............................................... ACE INA Insurance ........................................................... General Reinsurance Corp ................................................ First Canadian Title ........................................................... Triton Insurance ................................................................ Swiss Reinsurance Group ................................................. Co-operative Hail Ins Co Ltd ............................................. Everest Reinsurance Company ......................................... Transatlantic Reinsurance Co ........................................... Boiler Inspection & Insurance ............................................ Alberta Motor Association ................................................. La Capitale Assurances Gen Inc ....................................... Allianz Global Risks US ..................................................... Pafco Insurance Company ................................................ Intact Financial Corporation .............................................. Mitsui Sumitomo Ins Co Ltd .............................................. SSQ, Societe d’assurances Gen ....................................... Munich Reinsurance Cda Group ....................................... Affiliated FM Insurance Co ................................................ XL Insurance ..................................................................... Industrielle Alliance Co ...................................................... L’Unique Assurances Generales ....................................... Grain Insurance & Guarantee Co ...................................... Canadian Direct Insurance ................................................ Arch Insurance (Canada) ..................................................
415,397,000 157,957,000 81,325,000 74,215,000 54,022,000 52,478,000 49,503,000 45,877,000 41,589,000 39,903,000 38,046,000 32,216,000 29,870,000 28,421,000 24,675,000 23,049,000 22,336,000 19,802,000 19,091,000 18,987,000 18,117,000 16,545,000 16,513,000 16,054,000 15,412,000 14,738,000 14,238,000 12,350,000 11,171,000 11,161,000 10,487,000 10,476,000 10,176,000 8,489,000 6,701,000 6,590,000 6,506,000 6,094,000
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. 68. 69. 70. 71. 72. 73. 74. 75. 76.
Odyssey America Rein Corp ............................................. SecuriCAN General Insurance Co .................................... Euler Hermes American Credit .......................................... Promutuel Reassurance .................................................... Pacific Coast Fishermen’s Mut .......................................... American Bankers of Florida ............................................. Legacy General Insurance Co ........................................... Cumis General Insurance Co ............................................ SGI Canada Group ............................................................ Hartford Fire Insurance Co ................................................ Security Ins Co of Hartford ................................................ White Mountains Reinsurance Co ..................................... Old Republic Insurance Company ..................................... Saskatchewan Mutual Ins Co ............................................ Peace Hills General Insurance .......................................... Trisura Guarantee Insurance Co ....................................... Portage La Prairie Mutual Ins ............................................ Endurance Reinsurance Corp Am ..................................... Stewart Title Guaranty Company ...................................... Green Shield Canada ........................................................ North Waterloo Farmers Mutual ........................................ American Road Insurance Co ........................................... RBC Insurance Co of Canada ........................................... Gore Mutual Insurance Company ..................................... Mennonite Mutual Fire Ins Co ........................................... MAPFRE Re Compania De Re SA ................................... Western Surety Company ................................................. Optimum General Inc ........................................................ Red River Mutual ............................................................... Ontario School Board’s Ins Ex .......................................... PEI Mutual Insurance Company ........................................ Eagle Star Insurance Co Ltd ............................................. Sompo Japan Insurance Inc .............................................. Lumbermens Mutual Casualty Co ..................................... Nipponkoa Insurance Co Ltd ............................................. Toa Reinsurance Co of America ....................................... American Agricultural Ins Co ............................................. Mutual Fire Insurance Co of BC ........................................
5,634,000 5,624,000 5,260,000 4,480,000 4,328,000 4,088,000 3,928,000 3,045,000 3,016,000 2,978,000 2,915,000 2,746,000 2,644,000 2,628,000 2,627,000 2,510,000 2,434,000 2,277,000 2,176,000 2,086,000 1,845,000 1,797,000 1,556,000 1,525,000 1,499,000 1,387,000 1,334,000 992,000 970,000 881,000 625,000 472,000 461,000 442,000 417,000 262,000 259,000 246,000
Underwriting Loss Producers - 2009 (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.
Clare Mutual Insurance Company ..................................... Pearl Assurance PLC ........................................................ T.H.E. Insurance Company ............................................... Hanover Insurance Company ............................................ Pool Insurance Company .................................................. ICAROM PLC .................................................................... Utica Mutual Insurance Co Ltd .......................................... Antigonish Farmers’ Mutual ............................................... Centennial Insurance Company ........................................ Everest Insurance Co of Canada ...................................... British Aviation Insurance Co ............................................ Employers Insurance Of Wausau ...................................... Caisse Centrale De Reassurance ..................................... Partner Reinsurance Europe Ltd ....................................... Kings Mutual Insurance Company .................................... Alea (Bermuda) Ltd ........................................................... Virginia Surety Company Inc ............................................. Omega General Insurance Co .......................................... Aspen Insurance UK Limited ............................................. SCOR Canada Reinsurance Co ........................................ Ontario Mutual Insurance Assoc ....................................... Le Groupe Estrie-Richelieu Co .......................................... Pembridge Insurance Company ........................................ Tokio Marine & Nichido Fire ..............................................
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
–18,000 –63,000 –68,000 –91,000 –93,000 –103,000 –128,000 –130,000 –144,000 –171,000 –186,000 –384,000 –505,000 –540,000 –614,000 –702,000 –976,000 –981,000 –1,531,000 –1,673,000 –2,105,000 –2,287,000 –3,500,000 –4,703,000
25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48.
Echelon General Insurance Co ......................................... XL Re America Inc - Cdn Branch ...................................... Paris Re ............................................................................. Farm Mutual Reinsurance Plan ......................................... York Fire & Casualty Ins Co .............................................. Hannover Ruckversicherung AG ....................................... Allstate Insurance of Canada ............................................ Munich Reinsurance America Inc ...................................... Great American Insurance Co ........................................... Cousee RE ........................................................................ Zurich Insurance Company Ltd ......................................... CAA Insurance (Ontario) ................................................... Lumbermen’s Underwriting ............................................... Northbridge Financial Corp ............................................... Guarantee Co Of North America ....................................... Jevco Insurance Company ................................................ RBC General Insurance Company .................................... Co-operators General Insurance ....................................... Wawanesa Mutual Insurance Co ...................................... TD Insurance ..................................................................... The Economical Insurance Group ..................................... The Dominion Of Canada .................................................. Aviva Canada Inc .............................................................. State Farm Insurance Company .......................................
–4,825,000 –5,497,000 –7,164,000 –9,993,000 –10,748,000 –12,113,000 –12,365,000 –13,608,000 –17,166,000 –21,984,000 –23,107,000 –23,183,000 –25,967,000 –34,109,000 –36,469,000 –37,865,000 –48,979,000 –62,377,000 –77,114,000 –95,030,000 –143,857,000 –144,036,000 –153,745,000 –495,851,000 59
Leading Companies In The Provinces Direct Written Premiums – TOTAL BUSINESS – 2009 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 ................................... Aviva Canada Inc ....................................... Co-operators General Insurance ............... AXA Canada Group Of Companies ........... The Dominion Of Canada .......................... Northbridge Financial Corp ........................ The Economical Insurance Group ............. Lloyd’s Underwriters .................................. TD Insurance ............................................. Chartis Insurance Co of Canada ............... Factory Mutual Insurance Co .................... Zurich Insurance Company Ltd ................. American Bankers of Florida ..................... Desjardins General Ins Group ................... St Paul Fire & Marine Ins Co ..................... Green Shield Canada ................................ Portage La Prairie Mutual Ins .................... ACE INA Insurance .................................... Travelers Guarantee Co of Cda ................ First Canadian Title .................................... Guarantee Co Of North America ............... Allianz Global Risks US ............................. Triton Insurance ......................................... RBC General Insurance Company ............ Liberty Mutual Insurance Co ...................... GCAN Insurance Company ....................... Chubb Insurance Co of Canada ................ CNA Canada Group ................................... Legacy General Insurance Co ................... Intact Financial Corporation .......................
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.
Co-operators General Insurance ............... Aviva Canada Inc ....................................... The Dominion Of Canada .......................... PEI Mutual Insurance Company ................ SGI Canada Group .................................... RSA Canada Group ................................... Intact Financial Corporation ....................... Wawanesa Mutual Insurance Co............... TD Insurance ............................................. Northbridge Financial Corp ........................ Desjardins General Ins Group ................... The Economical Insurance Group ............. Lloyd’s Underwriters .................................. RBC General Insurance Company ............ Portage La Prairie Mutual Ins .................... Chartis Insurance Co of Canada ............... American Bankers of Florida ..................... Zurich Insurance Company Ltd ................. Guarantee Co Of North America ............... CAA Insurance (Ontario) ........................... Factory Mutual Insurance Co .................... Cumis General Insurance Co .................... Allianz Global Risks US ............................. ACE INA Insurance .................................... Echelon General Insurance Co ................. St Paul Fire & Marine Ins Co ..................... CNA Canada Group ................................... Travelers Guarantee Co of Cda ................ First Canadian Title .................................... Liberty Mutual Insurance Co ......................
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Intact Financial Corporation ....................... RSA Canada Group ................................... Aviva Canada Inc ....................................... The Economical Insurance Group ............. Co-operators General Insurance ............... Wawanesa Mutual Insurance Co............... TD Insurance ............................................. The Dominion Of Canada .......................... Portage La Prairie Mutual Ins .................... Northbridge Financial Corp ........................ Desjardins General Ins Group ...................
118,238,000 91,558,000 76,802,000 53,481,000 39,839,000 23,149,000 19,831,000 16,871,000 10,786,000 8,641,000 6,253,000 5,280,000 5,171,000 3,701,000 2,806,000 2,771,000 2,471,000 2,281,000 2,279,000 2,139,000 2,112,000 2,007,000 1,960,000 1,893,000 1,512,000 1,509,000 1,198,000 1,156,000 1,058,000 1,058,000
Prince Edward Island 18,431,000 15,243,000 15,028,000 14,726,000 9,586,000 8,440,000 8,246,000 6,213,000 4,976,000 4,864,000 4,565,000 4,188,000 4,165,000 3,508,000 3,421,000 2,037,000 1,377,000 1,269,000 985,000 850,000 720,000 719,000 671,000 663,000 583,000 546,000 428,000 419,000 402,000 367,000
Nova Scotia
60
132,692,000 114,464,000 104,997,000 64,272,000 62,400,000 58,375,000 54,976,000 51,199,000 36,130,000 28,615,000 28,333,000
12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.
AXA Canada Group Of Companies ........... Lloyd’s Underwriters .................................. Chartis Insurance Co of Canada ............... Pembridge Insurance Company ................ Allstate Insurance of Canada..................... RBC General Insurance Company ............ Zurich Insurance Company Ltd ................. American Bankers of Florida ..................... Echelon General Insurance Co ................. Factory Mutual Insurance Co .................... Kings Mutual Insurance Company............. St Paul Fire & Marine Ins Co ..................... Cumis General Insurance Co .................... XL Insurance .............................................. ACE INA Insurance .................................... Guarantee Co Of North America ............... Antigonish Farmers’ Mutual ....................... SGI Canada Group .................................... CAA Insurance (Ontario) ...........................
20,974,000 20,577,000 16,311,000 14,505,000 12,113,000 10,889,000 9,507,000 9,013,000 7,416,000 6,856,000 6,485,000 6,042,000 5,643,000 5,435,000 5,209,000 4,750,000 4,286,000 3,979,000 3,944,000
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 Co............... Aviva Canada Inc ....................................... Co-operators General Insurance ............... The Economical Insurance Group ............. AXA Canada Group Of Companies ........... State Farm Insurance Company................ Intact Financial Corporation ....................... RSA Canada Group ................................... TD Insurance ............................................. Allstate Insurance of Canada..................... Northbridge Financial Corp ........................ The Dominion Of Canada .......................... Lloyd’s Underwriters .................................. Chartis Insurance Co of Canada ............... Desjardins General Ins Group ................... Pembridge Insurance Company ................ Zurich Insurance Company Ltd ................. Factory Mutual Insurance Co .................... Portage La Prairie Mutual Ins .................... RBC General Insurance Company ............ ACE INA Insurance .................................... American Bankers of Florida ..................... SGI Canada Group .................................... Guarantee Co Of North America ............... Allianz Global Risks US ............................. Chubb Insurance Co of Canada ................ Cumis General Insurance Co .................... XL Insurance .............................................. CAA Insurance (Ontario) ........................... St Paul Fire & Marine Ins Co .....................
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 ....................... 1,055,660,000 Desjardins General Ins Group ................... 966,445,000 AXA Canada Group Of Companies ........... 840,018,000 Aviva Canada Inc ....................................... 540,053,000 La Capitale Assurances Gen Inc ............... 433,553,000 Co-operators General Insurance ............... 291,017,000 Lloyd’s Underwriters .................................. 254,742,000 TD Insurance ............................................. 200,936,000 Chartis Insurance Co of Canada ............... 186,074,000 Northbridge Financial Corp ........................ 183,918,000 SSQ, Societe d’assurances Gen ............... 147,736,000 Industrielle Alliance Co .............................. 135,515,000 Zurich Insurance Company Ltd ................. 131,925,000 The Economical Insurance Group ............. 131,246,000 Chubb Insurance Co of Canada ................ 113,050,000 L’Unique Assurances Generales ............... 104,320,000 Jevco Insurance Company ........................ 93,992,000 RSA Canada Group ................................... 83,561,000 Allstate Insurance of Canada..................... 82,781,000 Wawanesa Mutual Insurance Co............... 81,155,000 American Bankers of Florida ..................... 59,881,000 ACE INA Insurance .................................... 52,485,000 Guarantee Co Of North America ............... 46,137,000 Factory Mutual Insurance Co .................... 45,772,000
New Brunswick 93,449,000 86,800,000 59,480,000 57,136,000 49,910,000 45,959,000 45,797,000 42,163,000 38,176,000 28,305,000 26,669,000 22,182,000 20,660,000 20,507,000 13,641,000 13,419,000 10,852,000 10,596,000 10,135,000 9,263,000 9,020,000 7,218,000 6,695,000 5,099,000 4,238,000 3,999,000 3,947,000 3,642,000 3,600,000 3,339,000
Quebec
25. 26. 27. 28. 29. 30.
Allianz Global Risks US ............................. Le Groupe Estrie-Richelieu Co .................. CNA Canada Group ................................... GCAN Insurance Company ....................... Affiliated FM Insurance Co ........................ St Paul Fire & Marine Ins Co .....................
42,903,000 39,656,000 36,787,000 36,681,000 36,611,000 35,361,000
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 ....................... 1,914,974,000 Aviva Canada Inc ....................................... 1,762,203,000 State Farm Insurance Company................ 1,623,949,000 TD Insurance ............................................. 1,257,341,000 The Economical Insurance Group ............. 1,108,224,000 Co-operators General Insurance ............... 945,017,000 RSA Canada Group ................................... 911,317,000 The Dominion Of Canada .......................... 824,317,000 Northbridge Financial Corp ........................ 683,549,000 Ontario Mutual Insurance Assoc ............... 536,971,000 Wawanesa Mutual Insurance Co............... 495,803,000 AXA Canada Group Of Companies ........... 471,144,000 Lloyd’s Underwriters .................................. 442,549,000 Desjardins General Ins Group ................... 426,004,000 Chartis Insurance Co of Canada ............... 393,430,000 Zurich Insurance Company Ltd ................. 350,399,000 Allstate Insurance of Canada..................... 348,347,000 Chubb Insurance Co of Canada ................ 334,475,000 RBC General Insurance Company ............ 286,665,000 Gore Mutual Insurance Company.............. 207,300,000 Guarantee Co Of North America ............... 203,629,000 Green Shield Canada ................................ 203,406,000 American Bankers of Florida ..................... 160,194,000 Motors Insurance Corporation ................... 154,346,000 ACE INA Insurance .................................... 127,939,000 Echelon General Insurance Co ................. 116,045,000 York Fire & Casualty Ins Co ...................... 114,719,000 CAA Insurance (Ontario) ........................... 114,634,000 CNA Canada Group ................................... 91,449,000 GCAN Insurance Company ....................... 89,006,000
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 Co............... Aviva Canada Inc ....................................... Intact Financial Corporation ....................... Red River Mutual ....................................... Co-operators General Insurance ............... Portage La Prairie Mutual Ins .................... Lloyd’s Underwriters .................................. Chartis Insurance Co of Canada ............... Northbridge Financial Corp ........................ RSA Canada Group ................................... SGI Canada Group .................................... Zurich Insurance Company Ltd ................. American Bankers of Florida ..................... CNA Canada Group ................................... ACE INA Insurance .................................... Peace Hills General Insurance .................. AXA Canada Group Of Companies ........... St Paul Fire & Marine Ins Co ..................... Alberta Motor Association .......................... Chubb Insurance Co of Canada ................ Factory Mutual Insurance Co .................... GCAN Insurance Company ....................... Cumis General Insurance Co .................... Co-operative Hail Ins Co Ltd...................... Green Shield Canada ................................ The Economical Insurance Group ............. Allianz Global Risks US ............................. Grain Insurance & Guarantee Co .............. First Canadian Title .................................... Saskatchewan Mutual Ins Co ....................
1. 2. 3. 4.
SGI Canada Group .................................... Wawanesa Mutual Insurance Co............... Co-operators General Insurance ............... Aviva Canada Inc .......................................
Ontario
Manitoba 89,132,000 63,076,000 57,385,000 52,092,000 43,635,000 42,355,000 33,060,000 21,636,000 17,262,000 16,192,000 16,032,000 14,309,000 12,554,000 12,215,000 10,789,000 10,402,000 10,369,000 9,446,000 9,151,000 8,566,000 8,550,000 8,163,000 8,131,000 8,114,000 7,707,000 7,279,000 6,576,000 6,123,000 5,603,000 5,514,000
Saskatchewan 325,224,000 81,435,000 64,235,000 48,371,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Leading Companies In The Provinces Direct Written Premiums – TOTAL BUSINESS – 2009 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.
Co-operative Hail Ins Co Ltd...................... Saskatchewan Mutual Ins Co .................... Chartis Insurance Co of Canada ............... Lloyd’s Underwriters .................................. Northbridge Financial Corp ........................ Zurich Insurance Company Ltd ................. Mennonite Mutual Fire Ins Co ................... Grain Insurance & Guarantee Co .............. American Bankers of Florida ..................... GCAN Insurance Company ....................... Factory Mutual Insurance Co .................... RSA Canada Group ................................... ACE INA Insurance .................................... Allianz Global Risks US ............................. St Paul Fire & Marine Ins Co ..................... Portage La Prairie Mutual Ins .................... AXA Canada Group Of Companies ........... CNA Canada Group ................................... Chubb Insurance Co of Canada ................ Peace Hills General Insurance .................. Travelers Guarantee Co of Cda ................ First Canadian Title .................................... Red River Mutual ....................................... Cumis General Insurance Co .................... Liberty Mutual Insurance Co ...................... Pool Insurance Company ..........................
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 Co............... TD Insurance ............................................. Co-operators General Insurance ............... Aviva Canada Inc ....................................... RSA Canada Group ................................... Lloyd’s Underwriters .................................. Alberta Motor Association .......................... Chartis Insurance Co of Canada ............... AXA Canada Group Of Companies ........... The Economical Insurance Group ............. Northbridge Financial Corp ........................ Zurich Insurance Company Ltd ................. State Farm Insurance Company................ The Dominion Of Canada .......................... Peace Hills General Insurance .................. Chubb Insurance Co of Canada ................ Allstate Insurance of Canada..................... ACE INA Insurance .................................... GCAN Insurance Company ....................... American Bankers of Florida ..................... Canadian Direct Insurance ........................ CNA Canada Group ................................... St Paul Fire & Marine Ins Co ..................... Desjardins General Ins Group ................... Allianz Global Risks US ............................. Factory Mutual Insurance Co .................... Liberty Mutual Insurance Co ...................... RBC General Insurance Company ............ Portage La Prairie Mutual Ins ....................
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17.
Lloyd’s Underwriters .................................. RSA Canada Group ................................... Aviva Canada Inc ....................................... Intact Financial Corporation ....................... The Economical Insurance Group ............. AXA Canada Group Of Companies ........... Wawanesa Mutual Insurance Co............... Co-operators General Insurance ............... Northbridge Financial Corp ........................ Zurich Insurance Company Ltd ................. Chartis Insurance Co of Canada ............... American Bankers of Florida ..................... Chubb Insurance Co of Canada ................ The Dominion Of Canada .......................... Canadian Direct Insurance ........................ Factory Mutual Insurance Co .................... Green Shield Canada ................................
35,246,000 27,106,000 24,724,000 24,554,000 23,582,000 13,524,000 12,325,000 11,926,000 11,748,000 11,582,000 11,536,000 11,388,000 10,659,000 10,066,000 9,696,000 9,657,000 6,699,000 6,466,000 5,625,000 5,033,000 4,813,000 4,762,000 4,245,000 4,090,000 4,041,000 3,862,000
Alberta 799,389,000 661,399,000 533,253,000 514,564,000 409,395,000 320,163,000 293,962,000 239,099,000 217,108,000 196,838,000 192,475,000 167,879,000 165,017,000 162,205,000 145,962,000 111,382,000 78,024,000 77,027,000 61,272,000 57,268,000 54,259,000 50,581,000 49,213,000 48,598,000 46,428,000 38,643,000 38,198,000 36,093,000 34,076,000 32,382,000
British Columbia 371,536,000 275,889,000 248,702,000 231,772,000 222,307,000 214,260,000 162,204,000 133,595,000 123,662,000 110,375,000 105,900,000 99,078,000 84,734,000 69,775,000 66,247,000 62,139,000 53,503,000
18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.
Gore Mutual Insurance Company.............. CNA Canada Group ................................... GCAN Insurance Company ....................... Optimum General Inc ................................. Allianz Global Risks US ............................. St Paul Fire & Marine Ins Co ..................... Travelers Guarantee Co of Cda ................ ACE INA Insurance .................................... Peace Hills General Insurance .................. Mutual Fire Insurance Co of BC ................ XL Insurance .............................................. Liberty Mutual Insurance Co ...................... L’Unique Assurances Generales ...............
50,629,000 39,309,000 36,425,000 34,233,000 31,956,000 31,480,000 27,985,000 27,701,000 26,747,000 25,835,000 19,247,000 16,779,000 16,325,000
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.
Aviva Canada Inc ....................................... Wawanesa Mutual Insurance Co............... Co-operators General Insurance ............... TD Insurance ............................................. Intact Financial Corporation ....................... Lloyd’s Underwriters .................................. RSA Canada Group ................................... The Dominion Of Canada .......................... Allianz Global Risks US ............................. AXA Canada Group Of Companies ........... Peace Hills General Insurance .................. Northbridge Financial Corp ........................ Zurich Insurance Company Ltd ................. Chartis Insurance Co of Canada ............... St Paul Fire & Marine Ins Co ..................... American Bankers of Florida ..................... ACE INA Insurance .................................... Travelers Guarantee Co of Cda ................ Desjardins General Ins Group ................... Trisura Guarantee Insurance Co ............... RBC General Insurance Company ............ Liberty Mutual Insurance Co ...................... Green Shield Canada ................................ Factory Mutual Insurance Co .................... GCAN Insurance Company ....................... Chubb Insurance Co of Canada ................ The Economical Insurance Group ............. CNA Canada Group ................................... State Farm Insurance Company................ First Canadian Title ....................................
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.
Aviva Canada Inc ....................................... 12,864,000 Intact Financial Corporation ....................... 8,036,000 Lloyd’s Underwriters .................................. 7,256,000 Co-operators General Insurance ............... 7,255,000 Zurich Insurance Company Ltd ................. 5,508,000 TD Insurance ............................................. 3,865,000 RSA Canada Group ................................... 3,729,000 Chartis Insurance Co of Canada ............... 3,591,000 AXA Canada Group Of Companies ........... 3,079,000 American Bankers of Florida ..................... 2,931,000 Northbridge Financial Corp ........................ 2,320,000 The Dominion Of Canada .......................... 1,696,000 St Paul Fire & Marine Ins Co ..................... 1,672,000 Peace Hills General Insurance .................. 1,366,000 Desjardins General Ins Group ................... 1,103,000 Allianz Global Risks US ............................. 989,000 Factory Mutual Insurance Co .................... 927,000 ACE INA Insurance .................................... 820,000 Guarantee Co Of North America ............... 815,000 GCAN Insurance Company ....................... 663,000 State Farm Insurance Company................ 528,000 National Liability & Fire Ins ........................ 511,000 Wawanesa Mutual Insurance Co............... 492,000 CNA Canada Group ................................... 487,000 The Economical Insurance Group ............. 451,000 Green Shield Canada ................................ 297,000 Chubb Insurance Co of Canada ................ 271,000 RBC General Insurance Company ............ 265,000 Mitsui Sumitomo Ins Co Ltd ....................... 205,000 Triton Insurance ......................................... 190,000
Yukon Territory 6,418,000 5,884,000 5,465,000 5,416,000 3,521,000 3,321,000 2,925,000 1,916,000 1,386,000 1,348,000 1,339,000 993,000 898,000 881,000 767,000 699,000 495,000 473,000 379,000 308,000 308,000 274,000 240,000 236,000 218,000 193,000 175,000 166,000 150,000 131,000
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.
Lloyd’s Underwriters .................................. RSA Canada Group ................................... Chartis Insurance Co of Canada ............... St Paul Fire & Marine Ins Co ..................... Factory Mutual Insurance Co .................... ACE INA Insurance .................................... Intact Financial Corporation ....................... Aviva Canada Inc ....................................... Co-operators General Insurance ............... Peace Hills General Insurance .................. The Dominion Of Canada .......................... Northbridge Financial Corp ........................ Travelers Guarantee Co of Cda ................ American Bankers of Florida ..................... TD Insurance ............................................. CNA Canada Group ................................... AXA Canada Group Of Companies ........... Allianz Global Risks US ............................. Zurich Insurance Company Ltd ................. RBC General Insurance Company ............ The Economical Insurance Group ............. Wawanesa Mutual Insurance Co............... State Farm Insurance Company................ Western Surety Company ......................... Trisura Guarantee Insurance Co ............... Desjardins General Ins Group ................... GCAN Insurance Company ....................... National Liability & Fire Ins ........................ First Canadian Title .................................... Allstate Insurance of Canada.....................
4,088,000 1,855,000 1,614,000 1,262,000 1,176,000 845,000 776,000 694,000 676,000 534,000 483,000 452,000 437,000 410,000 281,000 250,000 225,000 179,000 148,000 143,000 140,000 128,000 126,000 118,000 94,000 78,000 72,000 60,000 44,000 36,000
Notes:
Northwest Territories
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
61
Leading Companies In The Provinces Direct Written Premiums – PROPERTY – 2009 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 ................................... Co-operators General Insurance ............... Aviva Canada Inc ....................................... AXA Canada Group Of Companies ........... Northbridge Financial Corp ........................ Lloyd’s Underwriters .................................. The Dominion Of Canada .......................... Factory Mutual Insurance Co .................... The Economical Insurance Group ............. Chartis Insurance Co of Canada ............... TD Insurance ............................................. Zurich Insurance Company Ltd ................. St Paul Fire & Marine Ins Co ..................... Desjardins General Ins Group ................... ACE INA Insurance .................................... Allianz Global Risks US ............................. GCAN Insurance Company ....................... Affiliated FM Insurance Co ........................ Portage La Prairie Mutual Ins .................... Liberty Mutual Insurance Co ...................... Lumbermen’s Underwriting ........................ RBC General Insurance Company ............ Grain Insurance & Guarantee Co .............. Triton Insurance ......................................... Chubb Insurance Co of Canada ................ Cumis General Insurance Co .................... Intact Financial Corporation ....................... SecuriCAN General Insurance Co............. CNA Canada Group ................................... American Bankers of Florida .....................
30,547,000 28,033,000 22,191,000 12,578,000 6,996,000 6,897,000 6,716,000 5,211,000 4,456,000 4,204,000 3,125,000 2,886,000 939,000 888,000 816,000 774,000 735,000 697,000 609,000 466,000 456,000 415,000 393,000 330,000 313,000 296,000 200,000 170,000 99,000 96,000
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.
PEI Mutual Insurance Company ................ 12,745,000 Co-operators General Insurance ............... 5,933,000 The Dominion Of Canada .......................... 3,856,000 Aviva Canada Inc ....................................... 3,367,000 Intact Financial Corporation ....................... 2,195,000 RSA Canada Group ................................... 2,166,000 Lloyd’s Underwriters .................................. 1,927,000 SGI Canada Group .................................... 1,756,000 The Economical Insurance Group ............. 1,491,000 Northbridge Financial Corp ........................ 1,293,000 Chartis Insurance Co of Canada ............... 1,140,000 Wawanesa Mutual Insurance Co............... 960,000 Factory Mutual Insurance Co .................... 663,000 TD Insurance ............................................. 658,000 Desjardins General Ins Group ................... 609,000 Zurich Insurance Company Ltd ................. 570,000 Portage La Prairie Mutual Ins .................... 554,000 St Paul Fire & Marine Ins Co ..................... 197,000 RBC General Insurance Company ............ 193,000 Cumis General Insurance Co .................... 183,000 Affiliated FM Insurance Co ........................ 175,000 Allianz Global Risks US ............................. 154,000 GCAN Insurance Company ....................... 137,000 Guarantee Co Of North America ............... 114,000 Chubb Insurance Co of Canada ................ 105,000 Liberty Mutual Insurance Co ...................... 104,000 Grain Insurance & Guarantee Co .............. 94,000 ACE INA Insurance .................................... 77,000 SecuriCAN General Insurance Co............. 68,000 CAA Insurance (Ontario) ........................... 58,000
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Intact Financial Corporation ....................... RSA Canada Group ................................... Aviva Canada Inc ....................................... Co-operators General Insurance ............... The Economical Insurance Group ............. The Dominion Of Canada .......................... Wawanesa Mutual Insurance Co............... TD Insurance ............................................. Portage La Prairie Mutual Ins .................... AXA Canada Group Of Companies ........... Northbridge Financial Corp ........................
Prince Edward Island
Nova Scotia
62
49,631,000 34,712,000 29,072,000 27,856,000 24,649,000 15,211,000 14,672,000 14,323,000 9,540,000 8,063,000 7,632,000
12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.
Desjardins General Ins Group ................... Factory Mutual Insurance Co .................... Kings Mutual Insurance Company............. Chartis Insurance Co of Canada ............... Lloyd’s Underwriters .................................. Zurich Insurance Company Ltd ................. Antigonish Farmers’ Mutual ....................... Pembridge Insurance Company ................ Allstate Insurance of Canada..................... RBC General Insurance Company ............ St Paul Fire & Marine Ins Co ..................... Clare Mutual Insurance Company ............. Cumis General Insurance Co .................... Grain Insurance & Guarantee Co .............. XL Insurance .............................................. Affiliated FM Insurance Co ........................ Allianz Global Risks US ............................. SGI Canada Group .................................... SecuriCAN General Insurance Co.............
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.
Aviva Canada Inc ....................................... Co-operators General Insurance ............... Wawanesa Mutual Insurance Co............... Intact Financial Corporation ....................... The Economical Insurance Group ............. State Farm Insurance Company................ RSA Canada Group ................................... AXA Canada Group Of Companies ........... Lloyd’s Underwriters .................................. TD Insurance ............................................. Factory Mutual Insurance Co .................... Chartis Insurance Co of Canada ............... The Dominion Of Canada .......................... Allstate Insurance of Canada..................... Northbridge Financial Corp ........................ Portage La Prairie Mutual Ins .................... Allianz Global Risks US ............................. Pembridge Insurance Company ................ Desjardins General Ins Group ................... Zurich Insurance Company Ltd ................. Chubb Insurance Co of Canada ................ RBC General Insurance Company ............ SGI Canada Group .................................... Lumbermen’s Underwriting ........................ ACE INA Insurance .................................... Cumis General Insurance Co .................... Grain Insurance & Guarantee Co .............. GCAN Insurance Company ....................... CNA Canada Group ................................... Affiliated FM Insurance Co ........................
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 Ins Group ................... AXA Canada Group Of Companies ........... Aviva Canada Inc ....................................... La Capitale Assurances Gen Inc ............... Co-operators General Insurance ............... Lloyd’s Underwriters .................................. TD Insurance ............................................. The Economical Insurance Group ............. Chartis Insurance Co of Canada ............... Zurich Insurance Company Ltd ................. SSQ, Societe d’assurances Gen ............... Northbridge Financial Corp ........................ Chubb Insurance Co of Canada ................ Industrielle Alliance Co .............................. L’Unique Assurances Generales ............... Factory Mutual Insurance Co .................... Allstate Insurance of Canada..................... Affiliated FM Insurance Co ........................ Le Groupe Estrie-Richelieu Co .................. RSA Canada Group ................................... Guarantee Co Of North America ............... Wawanesa Mutual Insurance Co............... ACE INA Insurance ....................................
7,409,000 5,855,000 5,657,000 5,232,000 5,227,000 3,771,000 3,767,000 3,446,000 3,077,000 2,740,000 2,390,000 2,172,000 2,019,000 1,487,000 1,398,000 1,375,000 1,273,000 1,218,000 1,125,000
New Brunswick 25,370,000 23,485,000 19,344,000 18,005,000 17,314,000 14,456,000 12,756,000 12,157,000 9,814,000 8,635,000 8,162,000 6,383,000 6,185,000 6,061,000 5,861,000 3,181,000 3,096,000 3,088,000 2,962,000 2,832,000 1,929,000 1,763,000 1,742,000 1,713,000 1,571,000 1,316,000 1,157,000 919,000 915,000 674,000
Quebec 442,030,000 440,172,000 328,378,000 216,689,000 157,231,000 138,025,000 88,584,000 86,360,000 69,582,000 66,863,000 54,745,000 54,284,000 50,527,000 49,641,000 48,104,000 39,593,000 36,662,000 36,169,000 33,611,000 33,350,000 30,666,000 25,327,000 22,530,000 22,453,000
25. 26. 27. 28. 29. 30.
Lumbermen’s Underwriting ........................ Optimum General Inc ................................. GCAN Insurance Company ....................... St Paul Fire & Marine Ins Co ..................... Jevco Insurance Company ........................ RBC General Insurance Company ............
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 ....................................... State Farm Insurance Company................ The Economical Insurance Group ............. Co-operators General Insurance ............... Ontario Mutual Insurance Assoc ............... TD Insurance ............................................. The Dominion Of Canada .......................... RSA Canada Group ................................... Northbridge Financial Corp ........................ Chubb Insurance Co of Canada ................ AXA Canada Group Of Companies ........... Wawanesa Mutual Insurance Co............... Lloyd’s Underwriters .................................. Zurich Insurance Company Ltd ................. Chartis Insurance Co of Canada ............... Allstate Insurance of Canada..................... Factory Mutual Insurance Co .................... Desjardins General Ins Group ................... Gore Mutual Insurance Company.............. Guarantee Co Of North America ............... RBC General Insurance Company ............ Allianz Global Risks US ............................. North Waterloo Farmers Mutual ................ GCAN Insurance Company ....................... ACE INA Insurance .................................... Affiliated FM Insurance Co ........................ St Paul Fire & Marine Ins Co ..................... York Fire & Casualty Ins Co ...................... CAA Insurance (Ontario) ...........................
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 Co............... Red River Mutual ....................................... Intact Financial Corporation ....................... Aviva Canada Inc ....................................... Portage La Prairie Mutual Ins .................... Co-operators General Insurance ............... Lloyd’s Underwriters .................................. SGI Canada Group .................................... Chartis Insurance Co of Canada ............... Peace Hills General Insurance .................. Zurich Insurance Company Ltd ................. Alberta Motor Association .......................... Northbridge Financial Corp ........................ RSA Canada Group ................................... Factory Mutual Insurance Co .................... Cumis General Insurance Co .................... The Economical Insurance Group ............. St Paul Fire & Marine Ins Co ..................... CNA Canada Group ................................... Grain Insurance & Guarantee Co .............. Desjardins General Ins Group ................... ACE INA Insurance .................................... Optimum General Inc ................................. Saskatchewan Mutual Ins Co .................... Allianz Global Risks US ............................. Chubb Insurance Co of Canada ................ Affiliated FM Insurance Co ........................ GCAN Insurance Company ....................... AXA Canada Group Of Companies ........... TD Insurance .............................................
1. 2. 3. 4.
SGI Canada Group .................................... Wawanesa Mutual Insurance Co............... Co-operators General Insurance ............... Aviva Canada Inc .......................................
21,454,000 18,986,000 17,503,000 14,263,000 13,875,000 11,734,000
Ontario 501,422,000 459,634,000 352,753,000 303,778,000 285,526,000 269,546,000 258,381,000 214,009,000 209,501,000 163,216,000 143,077,000 125,360,000 108,394,000 104,712,000 102,408,000 97,787,000 90,386,000 74,338,000 68,597,000 60,825,000 52,373,000 49,471,000 39,181,000 31,892,000 30,703,000 30,651,000 27,052,000 23,096,000 20,068,000 18,026,000
Manitoba 85,991,000 49,427,000 47,902,000 46,288,000 40,418,000 37,211,000 14,338,000 13,740,000 11,008,000 10,402,000 9,573,000 9,151,000 8,858,000 7,610,000 7,037,000 6,144,000 6,077,000 5,684,000 5,054,000 4,691,000 4,617,000 4,572,000 4,004,000 3,605,000 3,257,000 3,240,000 2,710,000 2,689,000 2,658,000 2,536,000
Saskatchewan 173,634,000 77,992,000 49,322,000 30,012,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Leading Companies In The Provinces Direct Written Premiums – PROPERTY – 2009 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.
Saskatchewan Mutual Ins Co .................... Northbridge Financial Corp ........................ Chartis Insurance Co of Canada ............... Lloyd’s Underwriters .................................. Mennonite Mutual Fire Ins Co ................... Grain Insurance & Guarantee Co .............. Factory Mutual Insurance Co .................... Zurich Insurance Company Ltd ................. Portage La Prairie Mutual Ins .................... Allianz Global Risks US ............................. RSA Canada Group ................................... ACE INA Insurance .................................... Peace Hills General Insurance .................. St Paul Fire & Marine Ins Co ..................... GCAN Insurance Company ....................... Red River Mutual ....................................... Pool Insurance Company .......................... CNA Canada Group ................................... AXA Canada Group Of Companies ........... Arch Insurance (Canada)........................... Liberty Mutual Insurance Co ...................... Great American Insurance Co ................... TD Insurance ............................................. Cumis General Insurance Co .................... Hartford Fire Insurance Co ........................ 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 ....................... Wawanesa Mutual Insurance Co............... Co-operators General Insurance ............... Aviva Canada Inc ....................................... TD Insurance ............................................. Chartis Insurance Co of Canada ............... Lloyd’s Underwriters .................................. RSA Canada Group ................................... The Economical Insurance Group ............. Zurich Insurance Company Ltd ................. The Dominion Of Canada .......................... Northbridge Financial Corp ........................ AXA Canada Group Of Companies ........... Peace Hills General Insurance .................. Alberta Motor Association .......................... State Farm Insurance Company................ Factory Mutual Insurance Co .................... Chubb Insurance Co of Canada ................ GCAN Insurance Company ....................... ACE INA Insurance .................................... CNA Canada Group ................................... Allstate Insurance of Canada..................... Allianz Global Risks US ............................. St Paul Fire & Marine Ins Co ..................... Arch Insurance (Canada)........................... Liberty Mutual Insurance Co ...................... Portage La Prairie Mutual Ins .................... Desjardins General Ins Group ................... SGI Canada Group .................................... Saskatchewan Mutual Ins Co ....................
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17.
Aviva Canada Inc ....................................... Intact Financial Corporation ....................... RSA Canada Group ................................... Lloyd’s Underwriters .................................. Wawanesa Mutual Insurance Co............... The Economical Insurance Group ............. AXA Canada Group Of Companies ........... Co-operators General Insurance ............... Northbridge Financial Corp ........................ Zurich Insurance Company Ltd ................. The Dominion Of Canada .......................... Factory Mutual Insurance Co .................... Chartis Insurance Co of Canada ............... Chubb Insurance Co of Canada ................ Gore Mutual Insurance Company.............. Optimum General Inc ................................. Peace Hills General Insurance ..................
17,724,000 14,027,000 13,627,000 11,262,000 11,124,000 9,571,000 9,479,000 9,132,000 8,138,000 6,899,000 6,714,000 5,341,000 5,033,000 4,872,000 4,588,000 4,014,000 3,862,000 3,157,000 2,854,000 2,791,000 2,623,000 1,947,000 1,891,000 1,815,000 1,716,000 1,643,000
Alberta 226,355,000 203,010,000 195,799,000 132,738,000 131,279,000 126,702,000 120,382,000 77,439,000 60,182,000 52,388,000 48,439,000 47,211,000 47,131,000 46,284,000 46,206,000 35,369,000 28,654,000 28,654,000 24,999,000 23,405,000 21,907,000 18,632,000 16,774,000 14,404,000 13,282,000 10,874,000 10,476,000 9,001,000 8,588,000 7,232,000
British Columbia 194,243,000 183,157,000 180,536,000 180,343,000 154,697,000 136,894,000 129,141,000 94,847,000 76,470,000 64,394,000 60,533,000 52,426,000 52,163,000 46,799,000 43,330,000 29,734,000 26,747,000
18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.
Canadian Direct Insurance ........................ Mutual Fire Insurance Co of BC ................ St Paul Fire & Marine Ins Co ..................... GCAN Insurance Company ....................... Allianz Global Risks US ............................. ACE INA Insurance .................................... TD Insurance ............................................. Lumbermen’s Underwriting ........................ Grain Insurance & Guarantee Co .............. CNA Canada Group ................................... Affiliated FM Insurance Co ........................ SecuriCAN General Insurance Co............. Liberty Mutual Insurance Co ......................
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.
Aviva Canada Inc ....................................... Co-operators General Insurance ............... Wawanesa Mutual Insurance Co............... TD Insurance ............................................. Lloyd’s Underwriters .................................. RSA Canada Group ................................... Intact Financial Corporation ....................... Chartis Insurance Co of Canada ............... Allianz Global Risks US ............................. The Dominion Of Canada .......................... Peace Hills General Insurance .................. AXA Canada Group Of Companies ........... Northbridge Financial Corp ........................ St Paul Fire & Marine Ins Co ..................... Zurich Insurance Company Ltd ................. Factory Mutual Insurance Co .................... RBC General Insurance Company ............ Liberty Mutual Insurance Co ...................... GCAN Insurance Company ....................... Triton Insurance ......................................... Desjardins General Ins Group ................... Grain Insurance & Guarantee Co .............. SecuriCAN General Insurance Co............. Chubb Insurance Co of Canada ................ ACE INA Insurance .................................... Arch Insurance (Canada)........................... CNA Canada Group ................................... Motors Insurance Corporation ................... SGI Canada Group .................................... Jevco Insurance Company ........................
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.
Aviva Canada Inc ....................................... Zurich Insurance Company Ltd ................. Co-operators General Insurance ............... Intact Financial Corporation ....................... Chartis Insurance Co of Canada ............... Lloyd’s Underwriters .................................. Northbridge Financial Corp ........................ RSA Canada Group ................................... TD Insurance ............................................. The Dominion Of Canada .......................... Factory Mutual Insurance Co .................... Peace Hills General Insurance .................. St Paul Fire & Marine Ins Co ..................... AXA Canada Group Of Companies ........... Desjardins General Ins Group ................... ACE INA Insurance .................................... Allianz Global Risks US ............................. Triton Insurance ......................................... Chubb Insurance Co of Canada ................ CNA Canada Group ................................... GCAN Insurance Company ....................... RBC General Insurance Company ............ Affiliated FM Insurance Co ........................ Grain Insurance & Guarantee Co .............. Jevco Insurance Company ........................ SecuriCAN General Insurance Co............. Tokio Marine & Nichido Fire ...................... Mitsui Sumitomo Ins Co Ltd ....................... American Bankers of Florida ..................... Boiler Inspection & Insurance ....................
24,594,000 23,325,000 17,031,000 15,871,000 14,484,000 13,753,000 12,832,000 10,252,000 9,809,000 9,325,000 8,285,000 7,166,000 5,186,000
Yukon Territory 2,952,000 2,374,000 1,909,000 1,317,000 1,039,000 997,000 909,000 909,000 835,000 635,000 543,000 506,000 371,000 266,000 246,000 196,000 85,000 80,000 75,000 52,000 51,000 50,000 44,000 31,000 29,000 16,000 10,000 5,000 3,000 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.
Lloyd’s Underwriters .................................. Chartis Insurance Co of Canada ............... Factory Mutual Insurance Co .................... ACE INA Insurance .................................... St Paul Fire & Marine Ins Co ..................... RSA Canada Group ................................... Peace Hills General Insurance .................. Co-operators General Insurance ............... Intact Financial Corporation ....................... The Dominion Of Canada .......................... CNA Canada Group ................................... Northbridge Financial Corp ........................ RBC General Insurance Company ............ GCAN Insurance Company ....................... TD Insurance ............................................. Desjardins General Ins Group ................... Aviva Canada Inc ....................................... Allianz Global Risks US ............................. SecuriCAN General Insurance Co............. Omega General Insurance Co ................... Legacy General Insurance Co ................... Arch Insurance (Canada)........................... American Bankers of Florida ..................... Echelon General Insurance Co .................
2,785,000 1,526,000 954,000 774,000 548,000 451,000 401,000 362,000 292,000 226,000 151,000 132,000 74,000 62,000 58,000 14,000 13,000 10,000 6,000 2,000 1,000 1,000 1,000 1,000
Notes:
Northwest Territories
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
6,529,000 4,721,000 4,192,000 3,214,000 2,444,000 2,134,000 1,238,000 1,046,000 957,000 918,000 814,000 760,000 692,000 605,000 172,000 158,000 125,000 96,000 56,000 44,000 40,000 27,000 26,000 22,000 20,000 18,000 16,000 7,000 6,000 5,000 63
Leading Companies In The Provinces Direct Written Premiums – AUTOMOBILE – 2009 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. 31. 32.
RSA Canada Group ................................... Aviva Canada Inc ....................................... Co-operators General Insurance ............... AXA Canada Group Of Companies ........... The Dominion Of Canada .......................... The Economical Insurance Group ............. Northbridge Financial Corp ........................ TD Insurance ............................................. Desjardins General Ins Group ................... Portage La Prairie Mutual Ins .................... RBC General Insurance Company ............ Zurich Insurance Company Ltd ................. St Paul Fire & Marine Ins Co ..................... Chartis Insurance Co of Canada ............... Old Republic Insurance Company ............. ACE INA Insurance .................................... Liberty Mutual Insurance Co ...................... Cumis General Insurance Co .................... Motors Insurance Corporation ................... GCAN Insurance Company ....................... American Road Insurance Co ................... Allianz Global Risks US ............................. Chubb Insurance Co of Canada ................ CNA Canada Group ................................... Guarantee Co Of North America ............... Jevco Insurance Company ........................ Lloyd’s Underwriters .................................. Tokio Marine & Nichido Fire ...................... Mitsui Sumitomo Ins Co Ltd ....................... Arch Insurance (Canada)........................... Hartford Fire Insurance Co ........................ Intact Financial Corporation .......................
82,673,000 60,464,000 44,622,000 38,651,000 31,714,000 13,689,000 9,344,000 7,525,000 2,813,000 1,757,000 1,478,000 792,000 758,000 558,000 403,000 382,000 331,000 148,000 147,000 134,000 118,000 88,000 75,000 70,000 61,000 36,000 34,000 21,000 14,000 6,000 3,000 2,000
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.
The Dominion Of Canada .......................... 10,462,000 Aviva Canada Inc ....................................... 10,262,000 Co-operators General Insurance ............... 10,253,000 SGI Canada Group .................................... 7,437,000 RSA Canada Group ................................... 5,228,000 Intact Financial Corporation ....................... 5,196,000 Wawanesa Mutual Insurance Co............... 5,088,000 TD Insurance ............................................. 4,318,000 Desjardins General Ins Group ................... 3,956,000 RBC General Insurance Company ............ 3,315,000 Portage La Prairie Mutual Ins .................... 2,799,000 Northbridge Financial Corp ........................ 2,240,000 The Economical Insurance Group ............. 2,160,000 CAA Insurance (Ontario) ........................... 785,000 Echelon General Insurance Co ................. 550,000 Zurich Insurance Company Ltd ................. 519,000 ACE INA Insurance .................................... 328,000 Cumis General Insurance Co .................... 260,000 St Paul Fire & Marine Ins Co ..................... 161,000 Chartis Insurance Co of Canada ............... 89,000 Old Republic Insurance Company ............. 34,000 GCAN Insurance Company ....................... 24,000 Motors Insurance Corporation ................... 16,000 CNA Canada Group ................................... 14,000 Guarantee Co Of North America ............... 12,000 Liberty Mutual Insurance Co ...................... 11,000 Allianz Global Risks US ............................. 9,000 AXA Canada Group Of Companies ........... 1,000
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Intact Financial Corporation ....................... Aviva Canada Inc ....................................... RSA Canada Group ................................... Wawanesa Mutual Insurance Co............... TD Insurance ............................................. The Economical Insurance Group ............. The Dominion Of Canada .......................... Co-operators General Insurance ............... Portage La Prairie Mutual Ins .................... Desjardins General Ins Group ................... Northbridge Financial Corp ........................
Prince Edward Island
Nova Scotia
64
73,831,000 64,237,000 63,221,000 42,165,000 40,653,000 34,598,000 33,752,000 27,381,000 25,320,000 20,924,000 13,158,000
12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.
Pembridge Insurance Company ................ 11,059,000 AXA Canada Group Of Companies ........... 10,686,000 Allstate Insurance of Canada..................... 9,036,000 RBC General Insurance Company ............ 8,149,000 Echelon General Insurance Co ................. 7,111,000 CAA Insurance (Ontario) ........................... 3,296,000 Zurich Insurance Company Ltd ................. 3,124,000 Cumis General Insurance Co .................... 2,841,000 SGI Canada Group .................................... 2,477,000 ACE INA Insurance .................................... 2,116,000 Chartis Insurance Co of Canada ............... 1,864,000 St Paul Fire & Marine Ins Co ..................... 1,436,000 Pafco Insurance Company ........................ 1,112,000 Old Republic Insurance Company ............. 794,000 Guarantee Co Of North America ............... 773,000 Motors Insurance Corporation ................... 235,000 Liberty Mutual Insurance Co ...................... 210,000 GCAN Insurance Company ....................... 186,000 Allianz Global Risks US ............................. 186,000
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 Co............... Aviva Canada Inc ....................................... The Economical Insurance Group ............. AXA Canada Group Of Companies ........... Co-operators General Insurance ............... State Farm Insurance Company................ TD Insurance ............................................. RSA Canada Group ................................... Intact Financial Corporation ....................... Allstate Insurance of Canada..................... Northbridge Financial Corp ........................ The Dominion Of Canada .......................... Desjardins General Ins Group ................... Pembridge Insurance Company ................ RBC General Insurance Company ............ Portage La Prairie Mutual Ins .................... Zurich Insurance Company Ltd ................. SGI Canada Group .................................... ACE INA Insurance .................................... CAA Insurance (Ontario) ........................... Chartis Insurance Co of Canada ............... Old Republic Insurance Company ............. St Paul Fire & Marine Ins Co ..................... Pafco Insurance Company ........................ Cumis General Insurance Co .................... Guarantee Co Of North America ............... Liberty Mutual Insurance Co ...................... GCAN Insurance Company ....................... Jevco Insurance Company ........................ Echelon General Insurance Co .................
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 Ins Group ................... AXA Canada Group Of Companies ........... Aviva Canada Inc ....................................... La Capitale Assurances Gen Inc ............... Co-operators General Insurance ............... TD Insurance ............................................. SSQ, Societe d’assurances Gen ............... Industrielle Alliance Co .............................. Northbridge Financial Corp ........................ Jevco Insurance Company ........................ Wawanesa Mutual Insurance Co............... L’Unique Assurances Generales ............... Allstate Insurance of Canada..................... The Economical Insurance Group ............. Zurich Insurance Company Ltd ................. Pafco Insurance Company ........................ RBC General Insurance Company ............ RSA Canada Group ................................... Echelon General Insurance Co ................. Chartis Insurance Co of Canada ............... Lloyd’s Underwriters .................................. Chubb Insurance Co of Canada ................ ACE INA Insurance ....................................
New Brunswick 72,864,000 53,784,000 35,693,000 34,533,000 30,648,000 29,975,000 29,541,000 24,433,000 22,996,000 22,244,000 15,521,000 14,135,000 10,679,000 10,331,000 7,500,000 6,515,000 5,610,000 4,426,000 4,199,000 3,085,000 2,327,000 1,869,000 1,570,000 1,264,000 765,000 544,000 471,000 340,000 283,000 205,000
Quebec 538,079,000 504,008,000 362,989,000 266,815,000 259,879,000 125,000,000 114,013,000 93,452,000 82,544,000 62,752,000 61,164,000 58,573,000 51,239,000 46,612,000 45,274,000 32,909,000 19,907,000 19,135,000 15,067,000 11,136,000 10,130,000 8,466,000 7,527,000 6,957,000
25. 26. 27. 28. 29. 30.
Optimum General Inc ................................. Motors Insurance Corporation ................... St Paul Fire & Marine Ins Co ..................... Liberty Mutual Insurance Co ...................... Allianz Global Risks US ............................. GCAN Insurance Company .......................
4,056,000 3,623,000 3,349,000 2,591,000 2,335,000 2,035,000
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 ....................... 1,245,252,000 State Farm Insurance Company................ 1,228,046,000 Aviva Canada Inc ....................................... 1,073,715,000 TD Insurance ............................................. 994,828,000 The Economical Insurance Group ............. 712,406,000 Co-operators General Insurance ............... 584,658,000 RSA Canada Group ................................... 577,226,000 The Dominion Of Canada .......................... 550,035,000 Northbridge Financial Corp ........................ 388,158,000 Wawanesa Mutual Insurance Co............... 380,446,000 Desjardins General Ins Group ................... 357,407,000 AXA Canada Group Of Companies ........... 299,865,000 Allstate Insurance of Canada..................... 257,961,000 RBC General Insurance Company ............ 235,141,000 Ontario Mutual Insurance Assoc ............... 216,633,000 Gore Mutual Insurance Company.............. 131,808,000 Echelon General Insurance Co ................. 101,107,000 CAA Insurance (Ontario) ........................... 96,162,000 Zurich Insurance Company Ltd ................. 92,771,000 York Fire & Casualty Ins Co ...................... 90,905,000 Guarantee Co Of North America ............... 81,205,000 Jevco Insurance Company ........................ 64,985,000 Pembridge Insurance Company ................ 57,473,000 Chubb Insurance Co of Canada ................ 51,666,000 Motors Insurance Corporation ................... 48,678,000 Chartis Insurance Co of Canada ............... 47,100,000 Pafco Insurance Company ........................ 33,188,000 Old Republic Insurance Company ............. 29,029,000 ACE INA Insurance .................................... 28,917,000 North Waterloo Farmers Mutual ................ 25,280,000
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.
Saskatchewan Mutual Ins Co .................... ACE INA Insurance .................................... Aviva Canada Inc ....................................... Intact Financial Corporation ....................... Northbridge Financial Corp ........................ Chartis Insurance Co of Canada ............... Co-operators General Insurance ............... CNA Canada Group ................................... Motors Insurance Corporation ................... Zurich Insurance Company Ltd ................. RBC General Insurance Company ............ St Paul Fire & Marine Ins Co ..................... American Road Insurance Co ................... Liberty Mutual Insurance Co ...................... Chubb Insurance Co of Canada ................ The Dominion Of Canada .......................... RSA Canada Group ................................... Allianz Global Risks US ............................. SGI Canada Group .................................... Old Republic Insurance Company ............. GCAN Insurance Company ....................... Cumis General Insurance Co .................... XL Insurance .............................................. Lloyd’s Underwriters .................................. Hartford Fire Insurance Co ........................ The Economical Insurance Group ............. AXA Canada Group Of Companies ........... Tokio Marine & Nichido Fire ...................... Mitsui Sumitomo Ins Co Ltd .......................
1. 2. 3. 4. 5.
SGI Canada Group .................................... 118,578,000 Co-operators General Insurance ............... 8,183,000 Saskatchewan Mutual Ins Co .................... 7,038,000 Aviva Canada Inc ....................................... 5,427,000 Northbridge Financial Corp ........................ 2,391,000
Ontario
Manitoba 1,321,000 1,268,000 1,192,000 1,179,000 924,000 719,000 711,000 422,000 388,000 358,000 278,000 178,000 155,000 130,000 113,000 92,000 88,000 72,000 52,000 37,000 24,000 19,000 10,000 8,000 7,000 7,000 4,000 1,000 1,000
Saskatchewan
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Leading Companies In The Provinces Direct Written Premiums – AUTOMOBILE – 2009 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29.
Zurich Insurance Company Ltd ................. Portage La Prairie Mutual Ins .................... St Paul Fire & Marine Ins Co ..................... Chartis Insurance Co of Canada ............... ACE INA Insurance .................................... Motors Insurance Corporation ................... Liberty Mutual Insurance Co ...................... Mennonite Mutual Fire Ins Co ................... RSA Canada Group ................................... American Road Insurance Co ................... RBC General Insurance Company ............ Allianz Global Risks US ............................. Lloyd’s Underwriters .................................. AXA Canada Group Of Companies ........... GCAN Insurance Company ....................... CNA Canada Group ................................... Chubb Insurance Co of Canada ................ Intact Financial Corporation ....................... Old Republic Insurance Company ............. The Dominion Of Canada .......................... Cumis General Insurance Co .................... Hartford Fire Insurance Co ........................ Tokio Marine & Nichido Fire ...................... Guarantee Co Of North America ...............
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 Co............... TD Insurance ............................................. Co-operators General Insurance ............... Aviva Canada Inc ....................................... RSA Canada Group ................................... Alberta Motor Association .......................... State Farm Insurance Company................ The Economical Insurance Group ............. AXA Canada Group Of Companies ........... The Dominion Of Canada .......................... Northbridge Financial Corp ........................ Peace Hills General Insurance .................. Allstate Insurance of Canada..................... Zurich Insurance Company Ltd ................. Canadian Direct Insurance ........................ Desjardins General Ins Group ................... RBC General Insurance Company ............ Portage La Prairie Mutual Ins .................... SGI Canada Group .................................... Jevco Insurance Company ........................ St Paul Fire & Marine Ins Co ..................... ACE INA Insurance .................................... Chartis Insurance Co of Canada ............... Liberty Mutual Insurance Co ...................... Pembridge Insurance Company ................ Allianz Global Risks US ............................. CNA Canada Group ................................... Old Republic Insurance Company ............. Optimum General Inc .................................
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19.
The Economical Insurance Group ............. Canadian Direct Insurance ........................ RSA Canada Group ................................... L’Unique Assurances Generales ............... Intact Financial Corporation ....................... AXA Canada Group Of Companies ........... Zurich Insurance Company Ltd ................. Northbridge Financial Corp ........................ Chartis Insurance Co of Canada ............... Aviva Canada Inc ....................................... RBC General Insurance Company ............ ACE INA Insurance .................................... Lloyd’s Underwriters .................................. The Dominion Of Canada .......................... Liberty Mutual Insurance Co ...................... Allianz Global Risks US ............................. St Paul Fire & Marine Ins Co ..................... CNA Canada Group ................................... American Road Insurance Co ...................
1,140,000 1,083,000 703,000 640,000 610,000 438,000 336,000 323,000 259,000 248,000 214,000 204,000 181,000 123,000 78,000 69,000 65,000 28,000 18,000 14,000 14,000 9,000 1,000 1,000
Alberta 527,829,000 449,550,000 399,569,000 261,431,000 225,025,000 208,508,000 191,603,000 122,000,000 115,326,000 94,669,000 81,685,000 81,100,000 65,098,000 58,395,000 55,096,000 43,572,000 37,427,000 27,038,000 21,342,000 20,286,000 18,649,000 15,988,000 14,302,000 10,423,000 8,871,000 7,977,000 7,648,000 5,968,000 5,529,000 3,233,000
British Columbia 60,048,000 40,806,000 38,311,000 16,325,000 13,896,000 5,060,000 3,994,000 3,134,000 2,975,000 1,866,000 1,646,000 1,350,000 1,276,000 913,000 841,000 669,000 481,000 448,000 442,000
20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.
GCAN Insurance Company ....................... Motors Insurance Corporation ................... Chubb Insurance Co of Canada ................ Old Republic Insurance Company ............. Co-operators General Insurance ............... Tokio Marine & Nichido Fire ...................... Hartford Fire Insurance Co ........................ Mitsui Sumitomo Ins Co Ltd ....................... XL Insurance .............................................. Cumis General Insurance Co .................... SGI Canada Group ....................................
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 ............................................. Wawanesa Mutual Insurance Co............... Co-operators General Insurance ............... Aviva Canada Inc ....................................... Intact Financial Corporation ....................... RSA Canada Group ................................... The Dominion Of Canada .......................... Peace Hills General Insurance .................. Zurich Insurance Company Ltd ................. Northbridge Financial Corp ........................ Desjardins General Ins Group ................... St Paul Fire & Marine Ins Co ..................... AXA Canada Group Of Companies ........... ACE INA Insurance .................................... RBC General Insurance Company ............ The Economical Insurance Group ............. State Farm Insurance Company................ Lloyd’s Underwriters .................................. Allstate Insurance of Canada..................... Allianz Global Risks US ............................. GCAN Insurance Company ....................... Liberty Mutual Insurance Co ...................... Chartis Insurance Co of Canada ............... Gore Mutual Insurance Company.............. Old Republic Insurance Company ............. Guarantee Co Of North America ............... Pembridge Insurance Company ................ CNA Canada Group ................................... Echelon General Insurance Co ................. American Road Insurance Co ...................
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 ............................................. RSA Canada Group ................................... Co-operators General Insurance ............... Desjardins General Ins Group ................... Northbridge Financial Corp ........................ AXA Canada Group Of Companies ........... The Dominion Of Canada .......................... Peace Hills General Insurance .................. State Farm Insurance Company................ Wawanesa Mutual Insurance Co............... Zurich Insurance Company Ltd ................. The Economical Insurance Group ............. St Paul Fire & Marine Ins Co ..................... ACE INA Insurance .................................... RBC General Insurance Company ............ Allstate Insurance of Canada..................... Jevco Insurance Company ........................ Gore Mutual Insurance Company.............. CNA Canada Group ................................... Pembridge Insurance Company ................ Chartis Insurance Co of Canada ............... Guarantee Co Of North America ............... Chubb Insurance Co of Canada ................ Allianz Global Risks US ............................. American Road Insurance Co ................... Motors Insurance Corporation ................... SGI Canada Group .................................... GCAN Insurance Company .......................
310,000 286,000 255,000 203,000 115,000 58,000 50,000 24,000 14,000 4,000 3,000
Yukon Territory 4,099,000 3,942,000 2,582,000 2,506,000 2,470,000 1,639,000 1,175,000 796,000 614,000 407,000 328,000 315,000 314,000 281,000 223,000 175,000 150,000 148,000 42,000 33,000 31,000 28,000 21,000 18,000 17,000 14,000 13,000 12,000 10,000 9,000
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 ................................... Aviva Canada Inc ....................................... Intact Financial Corporation ....................... Northbridge Financial Corp ........................ St Paul Fire & Marine Ins Co ..................... The Dominion Of Canada .......................... AXA Canada Group Of Companies ........... TD Insurance ............................................. Co-operators General Insurance ............... Zurich Insurance Company Ltd ................. The Economical Insurance Group ............. Peace Hills General Insurance .................. Wawanesa Mutual Insurance Co............... State Farm Insurance Company................ RBC General Insurance Company ............ ACE INA Insurance .................................... Desjardins General Ins Group ................... Allstate Insurance of Canada..................... Allianz Global Risks US ............................. Jevco Insurance Company ........................ Old Republic Insurance Company ............. CNA Canada Group ................................... Gore Mutual Insurance Company.............. Guarantee Co Of North America ............... Pembridge Insurance Company ................ Chartis Insurance Co of Canada ............... Liberty Mutual Insurance Co ...................... SGI Canada Group .................................... Echelon General Insurance Co ................. GCAN Insurance Company .......................
1,332,000 508,000 449,000 258,000 251,000 226,000 225,000 223,000 216,000 148,000 140,000 133,000 128,000 126,000 69,000 65,000 64,000 36,000 20,000 17,000 16,000 15,000 14,000 14,000 10,000 10,000 7,000 6,000 5,000 4,000
Notes:
Northwest Territories
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
3,977,000 3,245,000 2,908,000 2,295,000 2,237,000 931,000 774,000 705,000 654,000 606,000 528,000 492,000 483,000 451,000 365,000 281,000 238,000 159,000 59,000 53,000 50,000 47,000 47,000 45,000 41,000 30,000 30,000 28,000 25,000 25,000 65
2009 LEADING COMPANIES — DIRECT WRITTEN BASIS Accident & Sickness
Boiler & Machinery
Fidelity
% of 2009 Market D.W.P. 1. Green Shield Canada ...................... 28.81 302,804,000
% of 2009 Market D.W.P. 1. Factory Mutual Insurance Co ......... 14.50 49,639,000
% of 2009 Market D.W.P. 1. Chubb Insurance Co of Canada ...... 18.64 22,392,000
2. RBC Insurance Co of Canada ......... 19.59 205,958,000
2. RSA Canada Group ........................
9.84
33,698,000
2. Chartis Insurance Co of Canada ..... 12.65
3. American Bankers of Florida .......... 15.41 161,974,000
3. Travelers Guarantee Co of Cda ......
8.52
29,152,000
4. RSA Canada Group ........................
9.52 100,046,000
3. Guarantee Co Of North America ..... 12.53
15,055,000
4. Aviva Canada Inc ...........................
8.27
28,322,000
5. Chartis Insurance Co of Canada .....
9.16
96,309,000
4. Lloyd’s Underwriters ..................... 10.94
13,144,000
5. Boiler Inspection & Insurance .......
7.43
25,420,000
6. Lloyd’s Underwriters .....................
5.84
61,373,000
5. Cumis General Insurance Co .........
8.02
9,639,000
6. Zurich Insurance Company Ltd ......
6.79
23,232,000
7. Allianz Global Risks US ..................
3.07
32,259,000
6. Travelers Guarantee Co of Cda ......
7.99
9,604,000
8. Triton Insurance ............................
3.04
31,982,000
7. Intact Financial Corporation ...........
5.57
19,079,000
12,019,000
17,779,000
7,114,000
1.14
5.19
5.92
9. Legacy General Insurance Co ........
8. GCAN Insurance Company ............
7. Liberty Mutual Insurance Co ..........
16,224,000
4,512,000
10,548,000
4.74
3.76
1.00
9. AXA Canada Group Of Companies .
8. AXA Canada Group Of Companies .
10. Intact Financial Corporation ...........
3,187,000
10,514,000
12,298,000
2.65
1.00
3.59
9. Northbridge Financial Corp ............
11. Chubb Insurance Co of Canada ......
10. Chartis Insurance Co of Canada .....
12. Echelon General Insurance Co .......
0.95
9,984,000
11. Lloyd’s Underwriters .....................
3.30
11,307,000
13. AXA Canada Group Of Companies .
0.49
5,146,000
12. The Economical Insurance Group ..
3.10
10,604,000
14. ACE INA Insurance ........................
0.47
4,977,000
13. Co-operators General Insurance ....
2.47
8,459,000
15. Aviva Canada Inc ...........................
0.13
1,339,000
14. The Dominion Of Canada ...............
1.79
6,119,000
16. Alberta Motor Association .............
0.12
1,290,000
17. Co-operators General Insurance ....
0.07
735,000
18. CAA Insurance (Ontario) ................
0.05
555,000
15. Chubb Insurance Co of Canada ......
1.75
5,986,000
16. Allianz Global Risks US ..................
1.72
5,874,000
15,200,000
10. The Economical Insurance Group ..
1.90
2,282,000
11. Desjardins General Ins Group ........
1.76
2,110,000
12. RSA Canada Group ........................
1.44
1,733,000
13. Trisura Guarantee Insurance Co ....
1.40
1,688,000
14. Zurich Insurance Company Ltd ......
1.40
1,688,000
15. Co-operators General Insurance ....
1.18
1,419,000
16. The Dominion Of Canada ...............
1.17
1,404,000
17. Great American Insurance Co ........
1.17
1,401,000
18. CNA Canada Group ........................
0.93
1,114,000
19. Aviva Canada Inc ...........................
0.79
947,000
0.79
945,000
17. Affiliated FM Insurance Co .............
1.70
5,812,000
18. Northbridge Financial Corp ............
1.65
5,650,000
19. Trisura Guarantee Insurance Co ....
1.15
3,928,000
20. XL Insurance .................................
1.09
3,729,000
21. Swiss Reinsurance Group ..............
0.95
3,262,000
20. St Paul Fire & Marine Ins Co ..........
22. Gore Mutual Insurance Company ..
0.84
2,866,000
21. ACE INA Insurance ........................
0.77
929,000
23. St Paul Fire & Marine Ins Co ..........
0.74
2,523,000
22. Ontario School Board’s Ins Ex .......
0.77
920,000
19. Guarantee Co Of North America .....
0.03
293,000
20. Ontario Mutual Insurance Assoc ....
0.03
274,000
21. Cumis General Insurance Co .........
0.03
266,000
22. Arch Insurance (Canada) ...............
0.02
240,000
23. Northbridge Financial Corp ............
0.01
110,000
24. SGI Canada Group .........................
0.01
65,000
25. Gore Mutual Insurance Company ..
0.01
57,000
24. Desjardins General Ins Group ........
0.65
2,229,000
23. GCAN Insurance Company ............
0.65
777,000
26. North Waterloo Farmers Mutual ....
0.00
5,000
25. SGI Canada Group .........................
0.49
1,693,000
24. SGI Canada Group .........................
0.35
425,000
26. Wawanesa Mutual Insurance Co ....
0.49
1,668,000
25. Mitsui Sumitomo Ins Co Ltd ..........
0.10
126,000
27. Munich Reinsurance Cda Group ....
0.39
1,320,000
26. Tokio Marine & Nichido Fire ..........
0.10
115,000
TOTAL .........................................
1,051,122,000
Other Approved Products
% of Market 1. Arch Insurance (Canada) ............... 96.08 2. SGI Canada Group ......................... 3.92 TOTAL .........................................
2009 D.W.P. 3,508,000 143,000 3,651,000
Marine
28. CNA Canada Group ........................
0.27
913,000
27. Grain Insurance & Guarantee Co ...
0.09
104,000
29. Lumbermen’s Underwriting ...........
0.21
708,000
28. Hartford Fire Insurance Co .............
0.03
42,000
30. Grain Insurance & Guarantee Co ...
0.19
650,000
29. Sompo Japan Insurance Inc ..........
0.03
42,000
31. Le Groupe Estrie-Richelieu Co .......
0.13
450,000
30. Saskatchewan Mutual Ins Co .........
0.03
39,000
32. Mitsui Sumitomo Ins Co Ltd ..........
0.11
384,000
31. Triton Insurance ............................
0.01
16,000
33. Cumis General Insurance Co .........
0.11
378,000
32. Optimum General Inc .....................
0.01
15,000
34. Ontario School Board’s Ins Ex .......
0.11
360,000
33. Ontario Mutual Insurance Assoc ....
0.01
10,000
35. Optimum General Inc .....................
0.09
298,000
34. Intact Financial Corporation ...........
0.01
8,000
36. North Waterloo Farmers Mutual ....
0.05
176,000
37. Promutuel Reassurance .................
0.04
131,000
35. Western Surety Company ..............
0.01
7,000
38. Saskatchewan Mutual Ins Co .........
0.03
118,000
36. State Farm Insurance Company .....
0.00
1,000
% of Market 1. Lloyd’s Underwriters ..................... 19.26
2009 D.W.P. 56,812,000
39. Tokio Marine & Nichido Fire ..........
0.03
93,000
2. RSA Canada Group ........................ 16.95
49,994,000
40. Great American Insurance Co ........
0.02
71,000
3. Northbridge Financial Corp ............ 11.70
34,517,000
41. Sompo Japan Insurance Inc ..........
0.02
56,000
4. CNA Canada Group ........................ 11.46
33,794,000
42. Hartford Fire Insurance Co .............
0.01
51,000
5. AXA Canada Group Of Companies . 11.26
33,213,000
43. Ontario Mutual Insurance Assoc ....
0.01
42,000
6. Co-operators General Insurance ....
5.50
16,232,000
44. ACE INA Insurance ........................ –0.00
–2,000
7. St Paul Fire & Marine Ins Co ..........
4.53
13,371,000
45. Virginia Surety Company Inc ......... –0.12
–406,000
8. Chartis Insurance Co of Canada .....
3.62
10,683,000
342,343,000
9. ACE INA Insurance ........................
3.27
10. Pacific Coast Fishermen’s Mut .......
TOTAL .........................................
120,154,000
Credit % of Market
2009 D.W.P.
1. Euler Hermes American Credit ....... 69.84
34,984,000
2. Chartis Insurance Co of Canada ..... 16.18
8,104,000
9,643,000
3. Arch Insurance (Canada) ...............
3.88
1,945,000
2.37
6,976,000
4. Echelon General Insurance Co .......
3.65
1,829,000
11. Liberty Mutual Insurance Co ..........
1.73
5,108,000
5. Guarantee Co Of North America .....
3.17
1,589,000
12. Chubb Insurance Co of Canada ......
1.71
5,031,000
13. Great American Insurance Co ........
1.53
4,501,000
6. Lloyd’s Underwriters .....................
2.14
1,071,000
14. Zurich Insurance Company Ltd ......
1.34
3,954,000
7. Zurich Insurance Company Ltd ......
1.15
575,000
15. GCAN Insurance Company ............
0.89
8. Travelers Guarantee Co of Cda ...... –0.01
–3,000
16. Allianz Global Risks US .................. 17. Aspen Insurance UK Limited .........
TOTAL .........................................
Legal Expense
% of Market 1. La Capitale Assurances Gen Inc ..... 41.21
2009 D.W.P. 5,392,000
2,634,000
2. Intact Financial Corporation ........... 36.70
4,801,000
0.76
2,255,000
0.50
1,471,000
3. Lloyd’s Underwriters .....................
9.55
1,249,000
18. Affiliated FM Insurance Co .............
0.39
1,153,000
4. AXA Canada Group Of Companies .
7.50
981,000
19. Intact Financial Corporation ...........
0.32
940,000
5. Echelon General Insurance Co .......
5.04
660,000
20. Mitsui Sumitomo Ins Co Ltd ..........
0.30
872,000
TOTAL .........................................
21. Tokio Marine & Nichido Fire ..........
0.25
724,000
22. Sompo Japan Insurance Inc ..........
0.18
544,000
23. Nipponkoa Insurance Co Ltd .........
0.08
229,000
24. National Liability & Fire Ins ............
0.07
214,000
25. The Economical Insurance Group ..
0.02
64,000
26. Hartford Fire Insurance Co ............. –0.00
–6,000
66
TOTAL .........................................
294,923,000
% of 2009 Market D.W.P. 1. American Bankers of Florida .......... 85.20 186,146,000 2. Legacy General Insurance Co ........ 14.75 32,217,000 3. Virginia Surety Company Inc ......... 0.05 109,000 TOTAL ......................................... 218,472,000
TOTAL .........................................
50,094,000
Hail
13,083,000
Credit Protection
% of 2009 Market D.W.P. 1. Co-operative Hail Ins Co Ltd .......... 78.86 43,360,000 2. GCAN Insurance Company ............ 13.66 7,513,000 3. ACE INA Insurance ........................ 6.98 3,838,000 4. Ontario Mutual Insurance Assoc .... 0.27 149,000 5. North Waterloo Farmers Mutual .... 0.14 76,000 6. AXA Canada Group Of Companies . 0.09 51,000 TOTAL ......................................... 54,987,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
2009 LEADING COMPANIES — DIRECT WRITTEN BASIS Liability
Liability (continued)
% of Market
2009 D.W.P.
% of Market
Surety 2009 D.W.P.
% of 2009 Market D.W.P. 1. Guarantee Co Of North America ..... 16.89 76,756,000
1. Lloyd’s Underwriters ..................... 14.18 670,956,000
62. Promutuel Reassurance .................
0.03
1,316,000
2. Aviva Canada Inc ...........................
7.92 374,647,000
63. Sompo Japan Insurance Inc ..........
0.03
1,293,000
2. Travelers Guarantee Co of Cda ...... 16.72
76,010,000
3. Chartis Insurance Co of Canada .....
7.50 354,763,000
64. Canadian Direct Insurance .............
0.02
1,109,000
3. AXA Canada Group Of Companies . 13.41
60,933,000
4. Intact Financial Corporation ...........
6.16 291,734,000
65. Mennonite Mutual Fire Ins Co ........
0.02
878,000
4. Aviva Canada Inc ........................... 10.34
46,975,000
5. Northbridge Financial Corp ............
5.39 255,329,000
66. Kings Mutual Insurance Company .
0.02
828,000
5. Zurich Insurance Company Ltd ......
7.38
33,558,000
6. Zurich Insurance Company Ltd ......
5.30 250,780,000
67. Antigonish Farmers’ Mutual ...........
0.01
519,000
6. Chartis Insurance Co of Canada .....
5.09
23,143,000
7. Chubb Insurance Co of Canada ......
5.14 243,173,000
68. Clare Mutual Insurance Company ..
0.01
278,000
7. Intact Financial Corporation ...........
4.94
22,461,000
8. AXA Canada Group Of Companies .
4.74 224,538,000
69. Nipponkoa Insurance Co Ltd .........
0.00
191,000
8. Jevco Insurance Company .............
4.35
19,764,000
70. Security Ins Co of Hartford ............
0.00
133,000
9. Co-operators General Insurance ....
4.13 195,550,000
71. National Liability & Fire Ins ............
0.00
58,000
9. Trisura Guarantee Insurance Co ....
4.31
19,607,000
10. The Economical Insurance Group ..
3.16 149,319,000
72. T.H.E. Insurance Company ............
0.00
19,000
10. Western Surety Company ..............
4.18
18,978,000
11. CNA Canada Group ........................
2.81 132,898,000
73. Lumbermens Mutual Casualty Co .. –0.00
–2,000
11. L’Unique Assurances Generales ....
2.43
11,024,000
12. ACE INA Insurance ........................
2.37 111,948,000
13. RSA Canada Group ........................
2.24 105,962,000
14. Motors Insurance Corporation .......
2.23 105,722,000
15. Munich Reinsurance Cda Group ....
2.18 103,182,000
16. GCAN Insurance Company ............
2.11 100,004,000
17. Liberty Mutual Insurance Co ..........
2.00
94,426,000
18. XL Insurance .................................
1.91
90,630,000
19. The Dominion Of Canada ...............
1.71
20. St Paul Fire & Marine Ins Co ..........
1.67
21. American Bankers of Florida ..........
12. Chubb Insurance Co of Canada ......
2.12
9,627,000
13. Co-operators General Insurance ....
1.79
8,140,000
14. Northbridge Financial Corp ............
1.73
7,870,000
15. ACE INA Insurance ........................
1.21
5,501,000
16. CNA Canada Group ........................
0.96
4,356,000
17. The Dominion Of Canada ...............
0.80
3,632,000
18. SGI Canada Group .........................
0.72
3,292,000
% of 2009 Market D.W.P. 1. Lloyd’s Underwriters ..................... 37.61 119,456,000
19. The Economical Insurance Group ..
0.31
1,417,000
81,133,000
2. Munich Reinsurance Cda Group .... 14.92
47,382,000
20. La Capitale Assurances Gen Inc .....
0.09
423,000
78,886,000
3. Allianz Global Risks US .................. 12.65
40,182,000
21. Desjardins General Ins Group ........
0.06
274,000
1.45
68,413,000
4. Swiss Reinsurance Group ..............
5.87
18,655,000
22. Grain Insurance & Guarantee Co ...
0.04
168,000
22. Ontario Mutual Insurance Assoc ....
1.06
50,317,000
5. National Liability & Fire Ins ............
5.60
17,788,000
23. RSA Canada Group ........................
0.03
127,000
23. State Farm Insurance Company .....
1.04
49,454,000
6. Northbridge Financial Corp ............
5.12
16,258,000
24. Liberty Mutual Insurance Co ..........
0.03
121,000
24. Travelers Guarantee Co of Cda ......
0.99
46,815,000
7. Chartis Insurance Co of Canada .....
4.74
15,063,000
25. Great American Insurance Co ........
0.02
99,000
25. Guarantee Co Of North America .....
0.91
43,196,000
8. GCAN Insurance Company ............
2.75
8,743,000
26. Echelon General Insurance Co .......
0.02
89,000
9. ACE INA Insurance ........................
2.45
7,778,000
27. Hartford Fire Insurance Co .............
0.01
64,000
TOTAL .........................................
4,732,742,000
Aircraft
26. XL Re America Inc - Cdn Branch ...
0.86
40,863,000
27. SGI Canada Group .........................
0.75
35,543,000
10. Mitsui Sumitomo Ins Co Ltd ..........
2.27
7,225,000
28. State Farm Insurance Company .....
0.01
59,000
34,181,000
11. AXA Canada Group Of Companies .
1.79
5,689,000
29. Lloyd’s Underwriters .....................
0.00
9,000
12. XL Insurance .................................
1.79
5,689,000
30. Promutuel Reassurance .................
0.00
8,000
13. RSA Canada Group ........................
1.05
3,343,000
31. Cumis General Insurance Co .........
0.00
4,000
14. Aspen Insurance UK Limited .........
0.67
2,126,000
32. Optimum General Inc .....................
0.00
4,000
15. Co-operators General Insurance ....
0.33
1,035,000
33. Gore Mutual Insurance Company ..
0.00
1,000
16. Arch Insurance (Canada) ...............
0.30
946,000
17. Liberty Mutual Insurance Co ..........
0.03
85,000
18. SGI Canada Group .........................
0.02
77,000
19. Old Republic Insurance Company ..
0.02
76,000
20. XL Re America Inc - Cdn Branch ...
0.00
2,000
21. Eagle Star Insurance Co Ltd .......... –0.00
–2,000
22. British Aviation Insurance Co ......... –0.00
–4,000
23. Hartford Fire Insurance Co ............. –0.00
–7,000
28. Allianz Global Risks US ..................
0.72
29. Swiss Reinsurance Group ..............
0.70
33,321,000
30. Wawanesa Mutual Insurance Co ....
0.66
31,254,000
31. Arch Insurance (Canada) ...............
0.61
28,990,000
32. Aspen Insurance UK Limited .........
0.52
24,614,000
33. Great American Insurance Co ........
0.48
22,654,000
34. Ontario School Board’s Ins Ex .......
0.45
21,267,000
35. Gore Mutual Insurance Company ..
0.41
19,525,000
36. Desjardins General Ins Group ........
0.37
17,652,000
37. Optimum General Inc .....................
0.26
12,352,000
38. Trisura Guarantee Insurance Co ....
0.23
11,012,000
39. Grain Insurance & Guarantee Co ...
0.23
10,940,000
40. La Capitale Assurances Gen Inc .....
0.22
10,628,000
41. Echelon General Insurance Co .......
0.22
10,518,000
42. Cumis General Insurance Co .........
0.18
8,426,000
43. TD Insurance .................................
0.15
7,236,000
44. Portage La Prairie Mutual Ins ........
0.13
6,239,000
45. Hartford Fire Insurance Co .............
0.13
5,944,000
46. Virginia Surety Company Inc .........
0.12
5,774,000
47. North Waterloo Farmers Mutual ....
0.11
4,988,000
48. Saskatchewan Mutual Ins Co .........
0.11
4,986,000
49. Industrielle Alliance Co ..................
0.10
4,867,000
50. Le Groupe Estrie-Richelieu Co .......
0.10
4,739,000
51. Mitsui Sumitomo Ins Co Ltd ..........
0.09
4,036,000
52. Jevco Insurance Company .............
0.08
3,871,000
53. York Fire & Casualty Ins Co ...........
0.08
3,747,000
54. Old Republic Insurance Company ..
0.08
3,681,000
55. Omega General Insurance Co ........
0.06
3,055,000
56. Tokio Marine & Nichido Fire ..........
0.06
3,013,000
57. L’Unique Assurances Generales ....
0.06
2,958,000
58. Red River Mutual ...........................
0.06
2,896,000
59. Mutual Fire Insurance Co of BC .....
0.05
2,543,000
60. RBC General Insurance Company ..
0.04
2,053,000
61. PEI Mutual Insurance Company .....
0.04
1,981,000
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
TOTAL .........................................
317,585,000
TOTAL .........................................
454,494,000
Title
% of 2009 Market D.W.P. 1. First Canadian Title ........................ 62.46 114,833,000
2. Stewart Title Guaranty Company ... 37.52
3. Travelers Guarantee Co of Cda ......
TOTAL .........................................
0.03
68,976,000 47,000
183,856,000
SEE each risk and validate prior to quoting
Developed with Ask your Insurers to support iClarify www.compu-quote.com
Powered by Compu-Quote 67
2009
SUMMARY RESULTS BY NATIONALITY OF COMPANY IN CANADA
FFF TOTAL INSURANCE Net Premiums Written $ 17,106,163,000. 7,164,982,000. 6,927,849,000. 5,800,851,000.
Net Premiums Earned $ 16,712,520,000. 7,032,674,000. 6,816,110,000. 5,818,997,000.
Net Claims and Adjusting Expenses $ 12,063,552,000. 4,906,260,000. 4,399,204,000. 4,109,100,000.
Earned Loss Ratio % 72.18 69.76 64.54 70.62
Total.............................. 36,999,845,000
36,380,301,000
25,478,116,000
70.03
Canadian........................ . Foreign........................... . U.K................................. . U.S................................. .
AUTOMOBILE INSURANCE Net Premiums Written $ 9,350,204,000. 3,526,736,000. 2,785,494,000. 2,167,091,000.
Net Premiums Earned $ 9,146,475,000. 3,422,185,000. 2,752,973,000. 2,128,984,000.
Net Claims and Adjusting Expenses $ 6,943,829,000. 2,449,634,000. 1,863,468,000. 2,005,964,000.
Total.............................. 17,829,525,000
17,450,617,000
13,262,895,000
Canadian........................ . Foreign........................... . U.K................................. . U.S................................. .
Earned Loss Ratio % 75.92 71.58 67.69 94.22 76.00
PROPERTY INSURANCE Net Premiums Written $ 5,611,680,000. 2,530,953,000. 2,364,871,000. 1,811,85,000.
Net Premiums Earned $ 5,418,872,000. 2,481,749,000. 2,295,949,000. 1,765,013,000.
Net Claims and Adjusting Expenses $ 3,965,761,000. 1,818,917,000. 1,637,310,000. 1,077,055,000.
Earned Loss Ratio % 73.18 73.29 71.31 61.02
Total.............................. 12,319,349,000
11,961,583,000
8,499,043,000
71.05
Canadian........................ . Foreign........................... . U.K................................. . U.S................................. .
REMAINING INSURANCE
68
Canadian........................ . Foreign........................... . U.K................................. . U.S................................. .
Net Premiums Written $ 2,144,279,000. 1,107,293,000. 1,777,484,000. 1,821,915,000.
Net Premiums Earned $ 2,147,173,000. 1,128,740,000. 1,767,188,000. 1,925,000,000.
Net Claims and Adjusting Expenses $ 1,153,962,000. 637,709,000. 898,426,000. 1,026,081,000.
Earned Loss Ratio % 53.74 56.50 50.84 53.30
Total..............................
6,850,971,000
6,968,101,000
3,716,178,000
53.33
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
2009
SUMMARY RESULTS BY TYPE OF COMPANY IN CANADA
FFF TOTAL INSURANCE Net Premiums Written $
Net Premiums Written %
Net Premiums Earned $
Net Premiums Earned %
Net Claims & Adj. Exps. $
Net Claims & Adj. Exps. %
Brokerage............................ Direct................................... Reinsurance........................
25,953,652,000. 9,479,264,000. 1,566,929,000.
70.15. 25.62. 4.23.
25,512,776,000. 9,284,977,000. 1,582,548,000.
70.13. 25.52. 4.35.
17,620,610,000. 6,722,606,000. 1,134,900,000.
69.16. 26.39. 4.45.
Total ..................................
36,999,845,000
36,380,301,000
25,478,116,000
Earned Loss Ratio %
69.07 72.40 71.71 70.03
AUTOMOBILE INSURANCE Net Premiums Written $
Net Premiums Written %
Net Premiums Earned $
Net Premiums Earned %
Net Claims & Adj. Exps. $
Net Claims & Adj. Exps. %
Brokerage............................ Direct................................... Reinsurance........................
12,401,154,000. 5,179,510,000. 248,861,000.
69.55. 29.05. 1.40.
12,147,646,000. 5,052,252,000. 250,719,000.
69.61. 28.95. 1.44.
8,967,424,000. 4,081,643,000. 213,828,000.
67.61. 30.77. 1.61.
Total ..................................
17,829,525,000
17,450,617,000
13,262,895,000
Earned Loss Ratio %
73.82 80.79 85.29 76.00
PROPERTY INSURANCE
Brokerage............................ Direct................................... Reinsurance........................ Total ..................................
Net Premiums Written $
Net Premiums Written %
Net Premiums Earned $
Net Premiums Earned %
Net Claims & Adj. Exps. $
Net Claims & Adj. Exps. %
8,632,541,000. 2,832,222,000. 854,586,000.
70.07. 22.99. 6.94.
8,412,229,000. 2,696,072,000. 853,282,000.
70.33. 22.54. 7.13.
6,009,659,000. 1,834,229,000. 655,155,000.
70.71. 21.58. 7.71.
12,319,349,000
11,961,583,000
8,499,043,000
Earned Loss Ratio %
71.44 68.03 76.78 71.05
REMAINING INSURANCE Net Premiums Written $
Net Premiums Written %
Net Premiums Earned $
Net Premiums Earned %
Net Claims & Adj. Exps. $
Net Claims & Adj. Exps. %
Brokerage............................ Direct................................... Reinsurance........................
4,919,957,000. 1,467,532,000. 463,482,000.
71.81. 21.42. 6.77.
4,952,901,000. 1,536,653,000. 478,547,000.
71.08. 22.05. 6.87.
2,643,527,000. 806,734,000. 265,917,000.
71.14. 21.71. 7.16.
Total ..................................
6,850,971,000
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
6,968,101,000
3,716,178,000
Earned Loss Ratio %
53.37 52.50 55.57 53.33
69
CANADIAN 2009 UNDERWRITING EXPERIENCE COMPILED BY “CANADIAN UNDERWRITER”
SYMBOLS SHOWN NEXT TO COMPANY NAMES ARE AS FOLLOWS: COMPANY TYPE: B — Brokerage D — Direct Writer R — Reinsurance Only L — Life Only G — Government Net Premiums Written $
Class
Net Premiums Earned $
COMPANY OWNERSHIP: C — Canadian US — United States UK — United Kingdom F — Foreign Net Claims and Adjusting Expenses $
ACE INA INSURANCE
Earned Loss Ratio %
B-US
Karen Barkley, President & C.O.O. 1400-25 York St Toronto ON M5J 2V5 416-368-2911 Fax 416-594-3000 www.ace-canada.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
798,000 55,562,000 56,360,000 1,620,000 29,560,000 466,000 19,234,000 49,260,000 –2,000 879,000 503,000 93,798,000 5,473,000 9,078,000 4,286,000 —————221,255,000 216,451,000 230,794,000 209,682,000 208,358,000
816,000 52,986,000 53,802,000 1,916,000 29,868,000 479,000 18,713,000 49,060,000 1,030,000 860,000 494,000 96,722,000 5,729,000 9,076,000 4,232,000 —————222,921,000 220,740,000 230,645,000 216,497,000 216,147,000
2009 Direct Premiums Written: +$310,178,000 2009 Underwriting Performance Summary Reinsurance Assumed ................ 44,588,000 Reinsurance Ceded ................... 145,001,000 Net Premiums Written ............... 221,255,000 Net Premiums Earned ............... 222,921,000 Net Claims & Adj Exp ................ 150,679,000 Commissions ............................... 18,912,000 Taxes ............................................. 9,455,000 General Expenses ....................... 19,200,000 Undrwtg. Profit/Loss .................... 24,675,000 Investment Income ...................... 37,750,000
Underwriting Result 2009: +$24,675,000 2006: +$65,629,000
2008: 2005:
427,000 46,013,000 46,440,000 –175,000 20,844,000 675,000 9,787,000 31,306,000 –191,000 267,000 –22,000 67,009,000 –353,000 5,525,000 873,000 —————150,679,000 138,202,000 77,466,000 113,816,000 99,300,000
52.33 86.84 86.32 –9.13 69.79 140.92 52.30 63.81 –18.54 31.05 –4.45 69.28 –6.16 60.87 20.63 ———67.59 62.61 33.59 52.57 45.94
Growth: –2.61%
% Growth Rate (NPW) ............................2.22 % of Market (NPW) .............................0.60 Earned Loss Ratio.............................67.59 Total Expense Ratio ..........................21.34 Combined Loss & Exp. Ratio ............88.93 Return on Equity ...............................12.94
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
AFFILIATED FM INSURANCE COMPANY Kenneth V Lavigne, Chief Agent 500-165 Commerce Valley Dr. W. Thornhill ON L3T 7V8 905-763-5555 Fax 905-763-5556 www.fmglobal.ca Prop. - Personal................. 50,000 Prop. - Commercial............ 63,766,000 Prop. - Total ....................... 63,816,000 Boiler & Machinery ............ 136,000 Liability............................... — Marine................................ 1,139,000 —————Total 2009.......................... 65,091,000 Total 2008.......................... 49,064,000 Total 2007.......................... 51,821,000 Total 2006.......................... 54,205,000 Total 2005.......................... 57,779,000
50,000 62,226,000 62,276,000 101,000 — 2,069,000 —————64,446,000 47,549,000 50,110,000 56,031,000 56,038,000
B-US
3,000 36,420,000 36,423,000 152,000 48,000 35,000 —————36,658,000 56,220,000 17,760,000 22,230,000 37,811,000
2009 Direct Premiums Written: +$88,776,000 2009 Underwriting Performance Summary Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 23,685,000 Net Premiums Written ................. 65,091,000 Net Premiums Earned ................. 64,446,000 Net Claims & Adj Exp .................. 36,658,000 Commissions ................................. 1,691,000 Taxes ............................................. 3,311,000 General Expenses ....................... 12,299,000 Undrwtg. Profit/Loss .................... 10,476,000 Investment Income ........................ 3,008,000
Underwriting Result 2009: +$10,476,000 2006: +$24,346,000
2008: 2005:
+$30,894,000 +$63,626,000
2007: +$111,308,000
www.compu-quote.com
% Growth Rate (NPW) ..........................32.67 % of Market (NPW) .............................0.18 Earned Loss Ratio.............................56.88 Total Expense Ratio ..........................26.85 Combined Loss & Exp. Ratio ............83.73 Return on Equity ...............................14.77
–$18,799,000 +$9,287,000
Robert Katzell, Vice-President & Chief Operating Officer 11220 109 St NW Edmonton AB T5G 2T6 781-341-7766 Fax 780-341-7890 www.amainsurance.ca Prop. - Personal................. 48,000,000 47,052,000 Prop. - Commercial............ 2,624,000 2,825,000 Prop. - Total ....................... 50,624,000 49,877,000 Auto. - Liability ................... 92,557,000 88,438,000 Auto. - Pers. Acc................ 9,661,000 9,713,000 Auto. - Other ...................... 85,496,000 86,921,000 Auto. - Total ....................... 187,714,000 185,072,000 Accident & Sickness .......... 1,147,000 1,111,000 ——————————Total 2009.......................... 239,485,000 236,060,000 Total 2008.......................... 229,567,000 218,607,000 Total 2007.......................... 203,736,000 193,805,000 Total 2006.......................... 182,311,000 170,927,000 Total 2005.......................... 145,816,000 144,871,000
2007:
+$23,543,000
Developed with Ask Insurers to support iClarify
Powered by Compu-Quote
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 8,973,000 Net Premiums Written ............... 239,485,000 Net Premiums Earned ............... 236,060,000 Net Claims & Adj Exp ................ 165,448,000 Commissions ............................... 26,501,000 Taxes ............................................. 7,449,000 General Expenses ....................... 27,034,000 Undrwtg. Profit/Loss .................... 16,054,000 Investment Income ........................ 9,769,000
Underwriting Result 2009: +$16,054,000 2006: +$26,967,000
2008: 2005:
D-C
35,095,000 903,000 35,998,000 66,451,000 7,270,000 55,256,000 128,977,000 473,000 —————165,448,000 158,165,000 151,330,000 111,391,000 101,360,000
2009 Direct Premiums Written: +$248,458,000 2009 Underwriting Performance Summary
6.00 58.53 58.49 150.50 — 1.69 ———56.88 118.24 35.44 39.67 67.47
Growth: +1.53%
ALBERTA MOTOR ASSOCIATION INSURANCE COMPANY
SEE each risk and validate prior to quoting
70
Earned Loss Ratio %
74.59 31.96 72.17 75.14 74.85 63.57 69.69 42.57 ———70.09 72.35 78.08 65.17 69.97
Growth: +4.15%
% Growth Rate (NPW) ............................4.32 % of Market (NPW) .............................0.65 Earned Loss Ratio.............................70.09 Total Expense Ratio ..........................25.83 Combined Loss & Exp. Ratio ............95.92 Return on Equity ...............................17.74
+$11,245,000 +$17,060,000
2007:
+$2,740,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Runner Ad revised!
7/24/09
8:45 AM
Page 1
PROGRESS COMES FROM
STRENGTH As one of the world’s largest insurers, the ACE Group has the capacity, know-how, people and balance sheet strength to meet your needs today — and to be there for you in the future.
Our commercial lines span property, primary and excess casualty, risk management and engineering, professional risk, and many specialty classes — all with substantial capacity. We also provide our clients with life, accident and health products specifically designed for the employer, credit and affinity markets. With offices in more than 50 countries and doing business with companies and individuals in more than 140 countries, ACE is ready to serve you today.
© 2009
For information on ACE Canada, visit us at www.ace-ina-canada.com
INSURING PROGRESS®
PROPERTY & CASUALTY
ACCIDENT & HEALTH
LIFE
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
ALLIANZ GLOBAL RISKS US INSURANCE COMPANY
D-US
Celine Ang, Chief Agent 1600 - 130 Adelaide St. W Toronto ON M5H 3P5 celine.ang@agr.allianz.ca Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Liability............................... Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006..........................
59,009,000 59,009,000 34,169,000 9,909,000 1,496,000 5,885,000 17,290,000 5,888,000 26,700,000 534,000 –4,000 —————143,586,000 130,462,000 62,194,000 52,935,000
48,582,000 48,582,000 35,410,000 9,996,000 1,447,000 5,611,000 17,054,000 5,967,000 25,413,000 255,000 6,000 —————132,687,000 79,940,000 56,321,000 39,527,000
22,120,000 22,120,000 36,171,000 12,001,000 1,294,000 5,355,000 18,650,000 763,000 15,353,000 209,000 –309,000 —————92,957,000 40,293,000 37,127,000 27,805,000
2009 Direct Premiums Written: +$230,665,000 2009 Underwriting Performance Summary
Reinsurance Assumed ................ 11,733,000 Reinsurance Ceded ................... 106,059,000 Net Premiums Written ............... 143,586,000 Net Premiums Earned ............... 132,687,000 Net Claims & Adj Exp .................. 92,957,000 Commissions ................................. 7,018,000 Taxes ............................................. 7,344,000 General Expenses ....................... 10,632,000 Undrwtg. Profit/Loss .................... 14,738,000 Investment Income ...................... 11,273,000
Underwriting Result 2009: +$14,738,000 2006: +$4,496,000
2008:
45.53 45.53 102.15 120.06 89.43 95.44 109.36 12.79 60.41 81.96 –5,150.00 ———70.06 50.40 65.92 70.34
Growth: +9.35%
% Growth Rate (NPW) ..........................10.06 % of Market (NPW) .............................0.39 Earned Loss Ratio.............................70.06 Total Expense Ratio ..........................18.84 Combined Loss & Exp. Ratio ............88.90 Return on Equity ...............................13.02
+$27,798,000
2007:
+$4,309,000
ALLSTATE INSURANCE COMPANY OF CANADA
D-US
Christopher R. Kiah, President & Chief Executive Officer 27 Allstate Parkway Suite 100 Markham ON L3R 5P8 905-477-6900 Fax 905-475-4991 www.allstate.ca Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
152,962,000 — 152,962,000 186,359,000 102,959,000 106,495,000 395,813,000 — —————548,775,000 544,411,000 535,800,000 514,306,000 509,372,000
148,902,000 — 148,902,000 188,214,000 95,711,000 107,954,000 391,879,000 — —————540,781,000 540,442,000 527,135,000 511,465,000 523,526,000
107,485,000 157,000 107,642,000 121,765,000 78,857,000 72,425,000 273,047,000 16,000 —————380,705,000 397,776,000 335,011,000 302,880,000 266,387,000
2009 Direct Premiums Written: +$549,436,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 1,517,000 Reinsurance Ceded ....................... 2,178,000 Net Premiums Written ............... 548,775,000 Net Premiums Earned ............... 540,781,000 Net Claims & Adj Exp ................ 380,705,000 Commissions ............................... 29,623,000 Taxes ........................................... 17,221,000 General Expenses ..................... 138,094,000 Undrwtg. Profit/Loss .................. –12,365,000 Investment Income ...................... 46,442,000
Underwriting Result 2009: –$12,365,000 2006: +$65,754,000 72
72.19 — 72.29 64.69 82.39 67.09 69.68 — ———70.40 73.60 63.55 59.22 50.88
Growth: +0.94%
Class
Net Premiums Written $
Net Premiums Earned $
2008: –$63,047,000 2005: +$118,495,000
2007:
+$43,855,000
Earned Loss Ratio %
AMERICAN BANKERS INSURANCE COMPANY OF FLORIDA D-US 5160 Yonge St., Suite 500 Northeast Tower North York ON M2N 7C7 www.assurant.com keith.demmings@assurant.com Prop. - Personal................. 5,278,000 Prop. - Commercial............ — Prop. - Total ....................... 5,278,000 Liability............................... 54,922,000 Accident & Sickness .......... 13,948,000 Credit Protection ................ 20,008,000 —————Total 2009.......................... 94,156,000 Total 2008.......................... 94,585,000 Total 2007.......................... 110,123,000 Total 2006.......................... 148,433,000 Total 2005.......................... 131,393,000
5,144,000 — 5,144,000 54,611,000 13,944,000 19,179,000 —————92,878,000 91,059,000 95,197,000 126,531,000 102,442,000
2009 Direct Premiums Written: +$424,533,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ................... 330,337,000 Net Premiums Written ................. 94,156,000 Net Premiums Earned ................. 92,878,000 Net Claims & Adj Exp .................. 22,543,000 Commissions ............................... 27,906,000 Taxes ........................................... 12,812,000 General Expenses ....................... 25,529,000 Undrwtg. Profit/Loss ...................... 4,088,000 Investment Income ...................... 10,612,000
Underwriting Result 2009: +$4,088,000 2006: +$5,037,000
2008: 2005:
1,703,000 1,000 1,704,000 14,453,000 1,640,000 4,746,000 —————22,543,000 16,138,000 17,553,000 15,857,000 14,294,000
Growth: +19.60%
2007:
+$4,414,000
AXA CANADA INC. — GROUP OF COMPANIES
(P&C OPERATIONS) AXA ASSURANCES INC. AXA ASSURANCES AGRICOLES INC. AXA GENERAL INSURANCE AXA INSURANCE (CANADA) AXA PACIFIC INSURANCE COMPANY Jean-Denis Talon, Chairman Of The Board Jean-Francois Blais, President & Chief Executive Officer 2020 University St., Suite 700 Montreal PQ H3A 2A5 514-282-1914 Fax 514-282-9871 www.axa.ca Prop. - Personal................. 331,787,000 294,749,000 Prop. - Commercial............ 291,161,000 287,933,000 Prop. - Total ....................... 622,948,000 582,682,000 Aircraft ............................... — 3,000 Auto. - Liability ................... 358,871,000 328,961,000 Auto. - Pers. Acc................ 105,173,000 94,568,000 Auto. - Other ...................... 376,646,000 352,653,000 Auto. - Total ....................... 840,690,000 776,182,000 Boiler & Machinery ............ 15,722,000 15,173,000 Fidelity ............................... 4,297,000 4,465,000 Hail .................................... 51,000 51,000 Legal Expense ................... 982,000 1,042,000 Liability............................... 212,629,000 212,647,000 Surety ................................ 44,865,000 43,755,000 Marine................................ 32,840,000 32,742,000 Accident & Sickness .......... 6,079,000 4,904,000 ——————————Total 2009.......................... 1,781,103,000 1,673,646,000 Total 2008.......................... 1,608,275,000 1,533,646,000 Total 2007.......................... 1,527,422,000 1,452,666,000 Total 2006.......................... 1,427,471,000 1,443,365,000 Total 2005.......................... 1,236,885,000 1,158,558,000
2009 Direct Premiums Written: +$1,868,574,000 Reinsurance Assumed ................ 13,145,000 Reinsurance Ceded ................... 100,616,000 Net Premiums Written ............ 1,781,103,000 Net Premiums Earned ............ 1,673,646,000 Net Claims & Adj Exp ............. 1,089,771,000 Commissions ............................. 278,102,000 Taxes ........................................... 56,911,000 General Expenses ..................... 210,816,000 Undrwtg. Profit/Loss .................... 38,046,000 Investment Income .................... 157,762,000
Underwriting Result 2009: +$38,046,000 2006: +$141,230,000
2008: 2005:
33.11 — 33.13 26.47 11.76 24.75 ———24.27 17.72 18.44 12.53 13.95
% Growth Rate (NPW) ..........................–0.45 % of Market (NPW) .............................0.26 Earned Loss Ratio.............................24.27 Total Expense Ratio ..........................71.33 Combined Loss & Exp. Ratio ............95.60 Return on Equity .................................7.43
+$5,436,000 +$5,927,000
2009 Underwriting Performance Summary
% Growth Rate (NPW) ............................0.80 % of Market (NPW) .............................1.49 Earned Loss Ratio.............................70.40 Total Expense Ratio ..........................34.20 Combined Loss & Exp. Ratio ..........104.60 Return on Equity ...............................12.48
Net Claims and Adjusting Expenses $
B-F
220,761,000 197,230,000 417,991,000 — 222,534,000 112,796,000 198,778,000 534,108,000 3,728,000 488,000 17,000 202,000 102,741,000 9,772,000 16,915,000 3,809,000 —————1,089,771,000 935,436,000 796,567,000 828,254,000 677,329,000
74.90 68.50 71.74 — 67.65 119.28 56.37 68.81 24.57 10.93 33.33 19.39 48.32 22.33 51.66 77.67 ———65.11 60.99 54.83 57.38 58.46
Growth: +9.38%
% Growth Rate (NPW) ..........................10.75 % of Market (NPW) .............................4.85 Earned Loss Ratio.............................65.11 Total Expense Ratio ..........................32.61 Combined Loss & Exp. Ratio ............97.72 Return on Equity ...............................11.32
+$94,733,000 +$97,272,000
2007: +$171,669,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
because each client is unique our products are too
innovation At AXA, we listen. We recognize that one size does not fit all when it comes to insurance coverage. That’s why we take pride in providing our Brokers with innovative Automobile, Home, Commercial, Art, Surety, Marine, Critical Illness and Life Insurance products that offer financial protection and peace of mind for their clients. Our solid expertise and comprehensive line of products allow our Brokers to help their clients achieve a secure future; no matter how complicated their blue print may appear. With a strong national presence, we strive to become the preferred company by being attentive, available and reliable.
www.axa.ca
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
AMERICAN ROAD INSURANCE COMPANY
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
5,005,000 5,005,000 —————5,005,000 6,853,000 7,504,000 6,741,000 7,994,000
5,005,000 5,005,000 —————5,005,000 6,853,000 7,504,000 6,741,000 7,994,000
D-US 2,534,000 2,534,000 —————2,534,000 4,136,000 8,993,000 8,178,000 5,569,000
2009 Direct Premiums Written: +$5,005,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................... 5,005,000 Net Premiums Earned ................... 5,005,000 Net Claims & Adj Exp .................... 2,534,000 Commissions ..............................................— Taxes ................................................ 166,000 General Expenses ............................ 508,000 Undrwtg. Profit/Loss ...................... 1,797,000 Investment Income ........................... 826,000
Underwriting Result 2009: +$1,797,000 2006: –$2,163,000
2008: 2005:
Analytics
Net Premiums Written $
Net Premiums Earned $
50.63 50.63 ———50.63 60.35 119.84 121.32 69.66
Growth: –26.97%
% Growth Rate (NPW) ........................–26.97 % of Market (NPW) .............................0.01 Earned Loss Ratio.............................50.63 Total Expense Ratio ..........................13.47 Combined Loss & Exp. Ratio ............64.10 Return on Equity .................................9.97
Gordon Kerr, Chief Executive Officer 95 Wellington St W Toronto ON M5J 2N7 416-309-8100 Fax 416-309-8150 www.archinsurance.com Prop. - Commercial............ 14,986,000 Prop. - Total ....................... 14,986,000 Aircraft ............................... 940,000 Auto. - Liability ................... 1,176,000 Auto. - Pers. Acc................ 745,000 Auto. - Other ...................... 474,000 Auto. - Total ....................... 2,395,000 Credit ................................. 1,932,000 Liability............................... 15,406,000 Marine................................ 3,000 Accident & Sickness .......... 215,000 Other Apprvd. Prod............ 617,000 —————Total 2009.......................... 36,494,000 Total 2008.......................... 23,938,000 Total 2007.......................... 22,508,000 Total 2006.......................... 17,858,000 Total 2005.......................... 14,154,000
13,152,000 13,152,000 753,000 762,000 481,000 247,000 1,490,000 325,000 15,087,000 2,000 249,000 1,089,000 —————32,147,000 22,498,000 19,774,000 14,169,000 6,557,000
2009 Direct Premiums Written: +$68,431,000 2009 Underwriting Performance Summary
+$1,838,000 +$1,515,000
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
ARCH INSURANCE (CANADA)
Colleen Sexsmith, Chief Agent 1145 Nicholson Rd., Unit 2 Newmarket ON L3Y 9C3 Auto. - Other ...................... Auto. - Total .......................
Class
2007:
–$2,358,000
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AVIVA CANADA INC.
Reinsurance Assumed .................. 9,366,000 Reinsurance Ceded ..................... 41,322,000 Net Premiums Written ................. 36,494,000 Net Premiums Earned ................. 32,147,000 Net Claims & Adj Exp .................. 17,658,000 Commissions ............................... –4,341,000 Taxes ............................................. 1,960,000 General Expenses ....................... 10,776,000 Undrwtg. Profit/Loss ...................... 6,094,000 Investment Income ........................ 3,009,000
Underwriting Result 2009: +$6,094,000 2006: –$772,000
2008: 2005:
B-F
12,835,000 97.59 12,835,000 97.59 1,994,000 264.81 453,000 59.45 28,000 5.82 136,000 55.06 617,000 41.41 28,000 8.62 3,455,000 22.90 –300,000 –15,000.00 143,000 57.43 –1,114,000 –102.30 ————————17,658,000 54.93 14,570,000 64.76 10,923,000 55.24 10,839,000 76.50 5,362,000 81.78
Growth: +48.40%
% Growth Rate (NPW) ..........................52.45 % of Market (NPW) .............................0.10 Earned Loss Ratio.............................54.93 Total Expense Ratio ..........................26.11 Combined Loss & Exp. Ratio ............81.04 Return on Equity ...............................12.43
+$1,695,000 –$2,884,000
2007:
+$4,443,000
B-UK
Aviva Insurance Aviva Pilot Aviva Traders Aviva Elite Aviva Scottish & York Maurice Tulloch, President & CEO 2206 Eglinton Ave. E. Scarborough ON M1L 4S8 416-288-1800 Fax 416-288-9756 www.avivacanada.com Prop. - Personal................. 647,450,000 Prop. - Commercial............ 416,096,000 Prop. - Total ....................... 1,063,546,000 Auto. - Liability ................... 800,368,000 Auto. - Pers. Acc................ 363,392,000 Auto. - Other ...................... 587,469,000 Auto. - Total ....................... 1,751,229,000 Boiler & Machinery ............ 27,263,000 Fidelity ............................... 770,000 Liability............................... 339,643,000 Surety ................................ 39,016,000 Marine................................ — Accident & Sickness .......... 1,219,000 —————Total 2009.......................... 3,222,686,000 Total 2008.......................... 3,138,651,000 Total 2007.......................... 3,021,014,000 Total 2006.......................... 2,902,095,000 Total 2005.......................... 2,911,926,000
THE BOILER INSPECTION AND INSURANCE COMPANY OF CANADA B-US 627,519,000 398,675,000 1,026,194,000 804,317,000 342,350,000 594,888,000 1,741,555,000 26,500,000 826,000 331,791,000 34,204,000 — 1,246,000 —————3,162,316,000 3,039,748,000 2,935,257,000 2,883,194,000 2,877,559,000
443,903,000 323,935,000 767,838,000 377,390,000 428,049,000 381,616,000 1,187,055,000 5,593,000 242,000 314,656,000 5,294,000 –346,000 393,000 —————2,280,725,000 2,074,165,000 1,932,541,000 1,895,819,000 1,875,041,000
2009 Direct Premiums Written: +$3,390,374,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 4,650,000 Reinsurance Ceded ................... 172,350,000 Net Premiums Written ............ 3,222,686,000 Net Premiums Earned ............ 3,162,316,000 Net Claims & Adj Exp ............. 2,280,725,000 Commissions ............................. 596,748,000 Taxes ......................................... 108,931,000 General Expenses ..................... 329,657,000 Undrwtg. Profit/Loss ................ –153,745,000 Investment Income .................... 271,852,000
Underwriting Result 2009: –$153,745,000 2006: +$77,149,000 74
2008: 2005:
70.74 81.25 74.82 46.92 125.03 64.15 68.16 21.11 29.30 94.84 15.48 — 31.54 ———72.12 68.23 65.84 65.75 65.16
Growth: +2.68%
% Growth Rate (NPW) ............................2.68 % of Market (NPW) .............................8.77 Earned Loss Ratio.............................72.12 Total Expense Ratio ..........................32.74 Combined Loss & Exp. Ratio ..........104.86 Return on Equity .................................4.76
–$79,363,000 +$94,594,000
2007:
+$29,526,000
Hans Schols, President & C.E.O. 250 Yonge St Suite 3000 Toronto ON M5B 2L7 416-363-5491 Fax 416-363-0538 www.biico.com corporate@biico.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Boiler & Machinery ............ Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
399,000 3,460,000 3,859,000 86,811,000 — —————90,670,000 89,935,000 85,795,000 85,904,000 85,757,000
200,000 4,431,000 4,631,000 85,379,000 — —————90,010,000 87,581,000 85,232,000 86,459,000 84,967,000
2009 Direct Premiums Written: +$32,170,000 2009 Underwriting Performance Summary
Reinsurance Assumed ................ 68,895,000 Reinsurance Ceded ..................... 10,620,000 Net Premiums Written ................. 90,670,000 Net Premiums Earned ................. 90,010,000 Net Claims & Adj Exp .................. 24,783,000 Commissions ............................... 25,579,000 Taxes ............................................. 1,501,000 General Expenses ....................... 21,634,000 Undrwtg. Profit/Loss .................... 16,513,000 Investment Income ........................ 4,425,000
Underwriting Result 2009: +$16,513,000 2006: +$24,681,000
2008: 2005:
18,000 5,477,000 5,495,000 19,287,000 1,000 —————24,783,000 24,071,000 19,645,000 18,690,000 16,515,000
9.00 123.61 118.66 22.59 — ———27.53 27.48 23.05 21.62 19.44
Growth: –13.08%
% Growth Rate (NPW) ............................0.82 % of Market (NPW) .............................0.25 Earned Loss Ratio.............................27.53 Total Expense Ratio ..........................54.12 Combined Loss & Exp. Ratio ............81.65 Return on Equity ...............................18.29
+$17,521,000 +$26,825,000
2007:
+$22,384,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
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Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
ANTIGONISH FARMERS’ MUTUAL INSURANCE COMPANY W.J. Chisholm, Manager 188 Main St. Antigonish NS B2G 2B9 902-863-3544 Fax 902-863-0664 www.antigonish-mutual.com wjc@antigonish-mutual.com Prop. - Personal................. Prop. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Earned Loss Ratio %
3,023,000 3,023,000 251,000 —————3,274,000 3,042,000 3,164,000 2,967,000 2,841,000
3,038,000 3,038,000 243,000 —————3,281,000 3,067,000 3,052,000 2,928,000 2,623,000
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 1,012,000 Net Premiums Written ................... 3,274,000 Net Premiums Earned ................... 3,281,000 Net Claims & Adj Exp .................... 1,672,000 Commissions .................................... 598,000 Taxes ................................................ 169,000 General Expenses ......................... 1,080,000 Undrwtg. Profit/Loss ....................... –130,000 Investment Income ........................... 735,000
Underwriting Result 2009: –$130,000 2006: +$64,000
1,465,000 1,465,000 207,000 —————1,672,000 1,483,000 1,822,000 1,391,000 1,219,000
2008: 2005:
48.22 48.22 85.19 ———50.96 48.35 59.70 47.51 46.47
% Growth Rate (NPW) ............................7.63 % of Market (NPW) .............................0.01 Earned Loss Ratio.............................50.96 Total Expense Ratio ..........................56.29 Combined Loss & Exp. Ratio ..........107.25 Return on Equity .................................5.75
–$143,000 +$105,000
2007:
–$344,000
11,000 — —————11,000 –25,000 –13,000 –8,000 5,000
11,000 — —————11,000 –25,000 –13,000 –8,000 5,000
2009 Direct Premiums Written: –$4,000 Reinsurance Assumed ...............................— Reinsurance Ceded .......................... –15,000 Net Premiums Written ........................ 11,000 Net Premiums Earned ........................ 11,000 Net Claims & Adj Exp ......................... 17,000 Commissions ..............................................— Taxes ..........................................................— General Expenses ............................ 180,000 Undrwtg. Profit/Loss ....................... –186,000 Investment Income ........................... 107,000
2008: 2005:
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
18,624,000 18,624,000 40,566,000 35,776,000 21,358,000 97,700,000 13,879,000 —————130,203,000 124,077,000 110,031,000 107,414,000 111,757,000
Earned Loss Ratio %
D-C
18,353,000 18,353,000 40,093,000 32,956,000 22,945,000 95,994,000 14,576,000 —————128,923,000 117,576,000 109,459,000 109,759,000 114,379,000
2009 Underwriting Performance Summary
Reinsurance Assumed ................ 13,364,000 Reinsurance Ceded ....................... 6,189,000 Net Premiums Written ............... 130,203,000 Net Premiums Earned ............... 128,923,000 Net Claims & Adj Exp ................ 106,475,000 Commissions ................................. 8,164,000 Taxes ............................................. 3,774,000 General Expenses ....................... 36,025,000 Undrwtg. Profit/Loss .................. –23,183,000 Investment Income ...................... 13,471,000
2008: 2005:
B-UK
34,000 309.09 –17,000 — ————————17,000 154.55 –58,000 232.00 –200,000 1,538.46 –107,000 1,337.50 –681,000 –13,620.00
% Growth Rate (NPW) ......................–144.00 % of Market (NPW) .............................0.00 Earned Loss Ratio...........................154.55 Total Expense Ratio .....................1,636.36 Combined Loss & Exp. Ratio .......1,790.91 Return on Equity .............................–15.42
2007:
+$37,000
93.67 93.67 102.01 89.06 55.62 86.47 43.04 ———82.59 80.39 68.54 69.84 72.93
Growth: +2.90%
% Growth Rate (NPW) ............................4.94 % of Market (NPW) .............................0.35 Earned Loss Ratio.............................82.59 Total Expense Ratio ..........................37.20 Combined Loss & Exp. Ratio ..........119.79 Return on Equity .............................–10.35
–$19,908,000 +$1,326,000
2007:
–$1,667,000
D-C
Suite 600-750 Cambie Street Vancouver BC V6B 0A2 604-699-3838 Fax 604-699-3860 canadiandirect.com insurancegeneral@canadiandirect.com Prop. - Personal................. Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
26,561,000 26,561,000 30,594,000 2,834,000 48,531,000 81,959,000 1,051,000 —————109,571,000 100,205,000 97,771,000 85,164,000 69,923,000
24,842,000 24,842,000 29,263,000 2,827,000 46,119,000 78,209,000 1,012,000 —————104,063,000 97,943,000 94,914,000 81,675,000 65,847,000
21,346,000 21,346,000 16,194,000 1,231,000 30,662,000 48,087,000 418,000 —————69,851,000 65,462,000 63,695,000 53,845,000 42,802,000
2009 Direct Premiums Written: +$116,828,000 2009 Underwriting Performance Summary
–$145,000 +$542,000
17,192,000 17,192,000 40,898,000 29,349,000 12,763,000 83,010,000 6,273,000 —————106,475,000 94,522,000 75,028,000 76,658,000 83,413,000
2009 Direct Premiums Written: +$123,028,000
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 7,257,000 Net Premiums Written ............... 109,571,000 Net Premiums Earned ............... 104,063,000 Net Claims & Adj Exp .................. 69,851,000 Commissions .................................... 507,000 Taxes ............................................. 4,428,000 General Expenses ....................... 24,246,000 Undrwtg. Profit/Loss ...................... 6,506,000 Investment Income ........................ 5,965,000
Underwriting Result 2009: +$6,506,000 2006: +$6,902,000
2008: 2005:
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Net Claims and Adjusting Expenses $
CANADIAN DIRECT INSURANCE
Growth: –200.00%
2009 Underwriting Performance Summary
Prop. - Personal................. Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Accident & Sickness ..........
Underwriting Result 2009: –$23,183,000 2006: –$380,000
Giuseppe Zigrossi, Chief Agent 100 Renfrew Dr., Suite 200 Markham ON L3R 9R6 905-479-2244 Fax 905-479-0751
Underwriting Result 2009: –$186,000 2006: –$52,000
Net Premiums Earned $
CAA INSURANCE COMPANY D-C (ONTARIO)
Growth: –0.33%
BRITISH AVIATION INSURANCE COMPANY LIMITED
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Net Premiums Written $
N.J. Parks, President 60 Commerce Valley Dr. E. Thornhill ON L3T 7P9 905-771-3000 Fax 905-771-3002
2009 Direct Premiums Written: +$4,286,000
Aircraft ............................... Liability...............................
Class
85.93 85.93 55.34 43.54 66.48 61.49 41.30 ———67.12 66.84 67.11 65.93 65.00
Growth: +9.13%
% Growth Rate (NPW) ............................9.35 % of Market (NPW) .............................0.30 Earned Loss Ratio.............................67.12 Total Expense Ratio ..........................28.04 Combined Loss & Exp. Ratio ............95.16 Return on Equity ...............................17.25
+$6,448,000 +$5,557,000
2007:
+$6,785,000
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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Net Premiums Written $
Class
Net Premiums Earned $
Net Claims and Adjusting Expenses $
LA CAPITALE ASSURANCES GENERALES INC.
Earned Loss Ratio %
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
121,654,000 17,833,000 139,487,000 116,978,000 17,523,000 129,751,000 264,252,000 3,985,000 11,071,000 5,160,000 —————423,955,000 406,120,000 366,588,000 344,202,000 325,992,000
114,082,000 17,222,000 131,304,000 107,529,000 17,370,000 124,113,000 249,012,000 3,797,000 8,455,000 5,009,000 —————397,577,000 376,047,000 352,594,000 332,390,000 316,281,000
D-C
78,716,000 9,715,000 88,431,000 72,540,000 24,431,000 69,242,000 166,213,000 2,519,000 3,512,000 1,334,000 —————262,009,000 260,904,000 232,645,000 231,606,000 225,542,000
2009 Direct Premiums Written: +$433,553,000 2009 Underwriting Performance Summary Reinsurance Assumed .............. 107,737,000 Reinsurance Ceded ................... 117,335,000 Net Premiums Written ............... 423,955,000 Net Premiums Earned ............... 397,577,000 Net Claims & Adj Exp ................ 262,009,000 Commissions ............................... 25,684,000 Taxes ........................................... 13,603,000 General Expenses ....................... 79,615,000 Undrwtg. Profit/Loss .................... 15,412,000 Investment Income ........................ 7,647,000
Underwriting Result 2009: +$15,412,000 2006: +$16,069,000
2008: 2005:
69.00 56.41 67.35 67.46 140.65 55.79 66.75 66.34 41.54 26.63 ———65.90 69.38 65.98 69.68 71.31
Growth: +4.27%
% Growth Rate (NPW) ............................4.39 % of Market (NPW) .............................1.15 Earned Loss Ratio.............................65.90 Total Expense Ratio ..........................29.91 Combined Loss & Exp. Ratio ............95.81 Return on Equity .................................9.99
+$19,131,000 +$11,871,000
Net Premiums Earned $
Net Claims and Adjusting Expenses $
CNA CANADA
Constance Lemieux, Presidente et chef de l’exploitation 525, boul. Rene-Levesque Est, 6eme etage, CP Box 17100 Quebec PQ G1K 9E2 418-266-9525 Fax 418-266-3467
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Legal Expense ................... Liability............................... Surety ................................
Net Premiums Written $
Class
2007:
+$29,360,000
B-US
CONTINENTAL CASUALTY COMPANY Gary J Owcar, Chief Agent, President & COO 250 Yonge St., Suite 1500, Toronto ON M5B 2L7 416-542-7300, Fax 416-542-7360, www.cnacanada.ca Prop. - Personal................. 30,000 30,000 Prop. - Commercial............ 44,685,000 46,025,000 Prop. - Total ....................... 44,715,000 46,055,000 Aircraft ............................... — — Auto. - Liability ................... 8,787,000 8,086,000 Auto. - Pers. Acc................ 1,099,000 954,000 Auto. - Other ...................... 5,875,000 5,967,000 Auto. - Total ....................... 15,761,000 15,007,000 Boiler & Machinery ............ 151,000 131,000 Credit ................................. — — Fidelity ............................... 1,114,000 608,000 Hail .................................... — — Liability............................... 131,280,000 134,370,000 Surety ................................ — — Marine................................ 32,329,000 32,605,000 Accident & Sickness .......... — — ——————————Total 2009.......................... 225,350,000 228,776,000 Total 2008.......................... 237,887,000 229,435,000 Total 2007.......................... 232,004,000 225,779,000 Total 2006.......................... 231,248,000 230,605,000 Total 2005.......................... 238,576,000 229,933,000
–343,000 22,492,000 22,149,000 –122,000 2,468,000 –1,494,000 2,983,000 3,957,000 –1,033,000 –2,000 –539,000 –4,000 73,645,000 51,000 23,049,000 18,000 —————121,169,000 148,735,000 124,629,000 117,745,000 127,737,000
2009 Direct Premiums Written: +$241,872,000 2009 Underwriting Performance Summary Reinsurance Assumed ..................... 220,000 Reinsurance Ceded ..................... 16,742,000 Net Premiums Written ............... 225,350,000 Net Premiums Earned ............... 228,776,000 Net Claims & Adj Exp ................ 121,169,000 Commissions ............................... 47,980,000 Taxes ............................................. 8,323,000 General Expenses ....................... 21,434,000 Undrwtg. Profit/Loss .................... 29,870,000 Investment Income ...................... 40,305,000
Underwriting Result 2009: +$29,870,000 2006: +$40,003,000
Earned Loss Ratio %
2008: 2005:
–1,143.33 48.87 48.09 — 30.52 –156.60 49.99 26.37 –788.55 — –88.65 — 54.81 — 70.69 — ———52.96 64.83 55.20 51.06 55.55
Growth: –5.33%
% Growth Rate (NPW) ..........................–5.27 % of Market (NPW) .............................0.61 Earned Loss Ratio.............................52.96 Total Expense Ratio ..........................33.98 Combined Loss & Exp. Ratio ............86.94 Return on Equity ...............................14.58
+$3,066,000 +$26,325,000
2007:
+$27,651,000
With the right team by your side, no goal is unattainable. Strength and Support to keep you in the game. For more than a century, CNA has helped businesses prepare for any challenge. Our “A” rating for financial strength, breadth of coverages, exceptional claim service, global presence and local underwriting authority enable us to support you, however and whenever you need it. When you are looking for a carrier with the experience and insight you need to keep you competitive in the face of risk … we can show you more. Sm
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Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
CHARTIS INSURANCE COMPANY OF CANADA
Earned Loss Ratio %
B-US
Gary A. McMillan, General Manager 145 Wellington St. W. Toronto ON M5J 1H8 416-596-3000 Fax 416-977-2743 Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Liability............................... Surety ................................ Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
131,267,000 131,267,000 5,957,000 18,548,000 7,413,000 8,267,000 34,228,000 3,731,000 2,605,000 12,821,000 273,636,000 16,908,000 4,909,000 88,307,000 —————574,369,000 498,752,000 76,535,000 107,632,000 132,728,000
141,152,000 141,152,000 4,819,000 19,667,000 6,869,000 7,520,000 34,056,000 3,689,000 1,048,000 13,702,000 304,828,000 7,648,000 4,510,000 81,501,000 —————596,953,000 161,434,000 93,477,000 120,934,000 129,878,000
2009 Underwriting Performance Summary
Reinsurance Assumed ................ 22,019,000 Reinsurance Ceded ................... 465,934,000 Net Premiums Written ............... 574,369,000 Net Premiums Earned ............... 596,953,000 Net Claims & Adj Exp ................ 444,808,000 Commissions ............................... 24,872,000 Taxes ........................................... 33,358,000 General Expenses ....................... 54,012,000 Undrwtg. Profit/Loss .................... 39,903,000 Investment Income .................... 186,275,000
2008: 2005:
105,881,000 105,881,000 4,961,000 10,708,000 4,708,000 6,017,000 21,433,000 330,000 371,000 18,196,000 236,304,000 1,422,000 4,010,000 51,900,000 —————444,808,000 24,982,000 41,795,000 77,792,000 86,033,000
% Growth Rate (NPW) ..........................15.16 % of Market (NPW) .............................1.56 Earned Loss Ratio.............................74.51 Total Expense Ratio ..........................18.80 Combined Loss & Exp. Ratio ............93.31 Return on Equity .................................6.98
199,835,000 61,991,000 261,826,000 — 28,143,000 6,752,000 25,865,000 60,760,000 5,277,000 — 21,010,000 247,609,000 6,944,000 5,000,000 10,571,000 —————618,997,000 580,674,000 590,749,000 594,038,000 563,646,000
2009 Direct Premiums Written: +$634,135,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 1,322,000 Reinsurance Ceded ..................... 35,675,000 Net Premiums Written ............... 607,834,000 Net Premiums Earned ............... 618,997,000 Net Claims & Adj Exp ................ 351,432,000 Commissions ............................... 89,706,000 Taxes ........................................... 21,638,000 General Expenses ....................... 82,006,000 Undrwtg. Profit/Loss .................... 74,215,000 Investment Income ...................... 74,161,000
78
2008: 2005:
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
CLARE MUTUAL INSURANCE COMPANY
D-C
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
833,000 54,000 887,000 55,000 —————942,000 956,000 959,000 895,000 853,000
804,000 54,000 858,000 56,000 —————914,000 939,000 925,000 868,000 800,000
306,000 — 306,000 –5,000 —————301,000 452,000 390,000 211,000 343,000
2009 Direct Premiums Written: +$2,450,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 1,508,000 Net Premiums Written ...................... 942,000 Net Premiums Earned ...................... 914,000 Net Claims & Adj Exp ....................... 301,000 Commissions .................................... –42,000 Taxes ..........................................................— General Expenses ............................ 743,000 Undrwtg. Profit/Loss ......................... –18,000 Investment Income ............................. 36,000
Underwriting Result 2009: –$18,000 2006: +$232,000
2008: 2005:
38.06 — 35.66 –8.93 ———32.93 48.14 42.16 24.31 42.88
Growth: +2.90%
% Growth Rate (NPW) ..........................–1.46 % of Market (NPW) .............................0.00 Earned Loss Ratio.............................32.93 Total Expense Ratio ..........................76.70 Combined Loss & Exp. Ratio ..........109.63 Return on Equity .................................1.37
–$105,000 +$17,000
2007:
–$31,000
SEE each risk and validate prior to quoting
+$82,359,000 +$21,398,000
Ellen J. Moore, President One Financial Place, 1 Adelaide St. E. Toronto ON M5C 2V9 416-863-0550 Fax 416-863-3144 Prop. - Personal................. 199,873,000 Prop. - Commercial............ 63,883,000 Prop. - Total ....................... 263,756,000 Aircraft ............................... — Auto. - Liability ................... 28,805,000 Auto. - Pers. Acc................ 6,793,000 Auto. - Other ...................... 25,819,000 Auto. - Total ....................... 61,417,000 Boiler & Machinery ............ 5,239,000 Credit ................................. — Fidelity ............................... 20,152,000 Liability............................... 233,495,000 Surety ................................ 8,427,000 Marine................................ 4,834,000 Accident & Sickness .......... 10,514,000 —————Total 2009.......................... 607,834,000 Total 2008.......................... 575,132,000 Total 2007.......................... 578,432,000 Total 2006.......................... 601,142,000 Total 2005.......................... 582,547,000
75.01 75.01 102.95 54.45 68.54 80.01 62.93 8.95 35.40 132.80 77.52 18.59 88.91 63.68 ———74.51 15.48 44.71 64.33 66.24
Growth: +30.82%
2007:
B-US
115,549,000 14,974,000 130,523,000 –36,000 18,780,000 3,397,000 17,410,000 39,587,000 1,255,000 –2,000 9,876,000 165,927,000 68,000 745,000 3,489,000 —————351,432,000 352,012,000 300,968,000 282,855,000 375,322,000
57.82 24.16 49.85 — 66.73 50.31 67.31 65.15 23.78 — 47.01 67.01 0.98 14.90 33.01 ———56.77 60.62 50.97 47.62 66.59
Growth: –0.08%
% Growth Rate (NPW) ............................5.69 % of Market (NPW) .............................1.65 Earned Loss Ratio.............................56.77 Total Expense Ratio ..........................31.24 Combined Loss & Exp. Ratio ............88.01 Return on Equity ...............................14.02
+$46,306,000 +$21,532,000
Developed with Ask your Insurers to support iClarify
+$30,478,000
CHUBB INSURANCE COMPANY OF CANADA
Underwriting Result 2009: +$74,215,000 2006: +$133,860,000
Net Premiums Written $
Belliveau Cove Digby County NS B0W 1J0 902-837-4597 Fax 902-837-7745
2009 Direct Premiums Written: +$1,002,454,000
Underwriting Result 2009: +$39,903,000 2006: +$19,092,000
Class
2007: +$121,845,000
www.compu-quote.com
Powered by Compu-Quote CO-OPERATIVE HAIL INSURANCE COMPANY LIMITED
D-C
Nick S Gayton, Chief Executive Officer Box 777, 2709-13th Ave. Regina SK S4P 3A8 306-522-8891 Fax 306-352-9130 dstumph@coophail.com Hail .................................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
25,593,000 —————25,593,000 24,894,000 20,282,000 15,430,000 20,998,000
25,593,000 —————25,593,000 24,894,000 20,282,000 15,430,000 20,998,000
2009 Direct Premiums Written: +$43,360,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 17,767,000 Net Premiums Written ................. 25,593,000 Net Premiums Earned ................. 25,593,000 Net Claims & Adj Exp .................... 4,426,000 Commissions .................................. –764,000 Taxes ............................................. 1,106,000 General Expenses ......................... 1,838,000 Undrwtg. Profit/Loss .................... 18,987,000 Investment Income ........................... 790,000
Underwriting Result 2009: +$18,987,000 2006: –$4,051,000
2008: 2005:
4,426,000 —————4,426,000 22,966,000 22,084,000 16,252,000 17,037,000
17.29 ———17.29 92.26 108.88 105.33 81.14
Growth: –14.23%
% Growth Rate (NPW) ............................2.81 % of Market (NPW) .............................0.07 Earned Loss Ratio.............................17.29 Total Expense Ratio ............................8.52 Combined Loss & Exp. Ratio ............25.81 Return on Equity ...............................55.63
–$1,779,000 –$233,000
2007:
–$5,932,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Cla ims ser vice s th at g o
FAR THE R. Chartis delivers. With a network providing claims services to more than 40 million clients in over 160 countries and jurisdictions, we can respond swiftly and decisively to our clients’ claims resolutions needs. Let us do the same for you. Learn more at www.chartisinsurance.com
All products are written by insurance company subsidiaries or affiliates of Chartis Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. For additional information, please visit our website at www.chartisinsurance.com.
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
CENTENNIAL INSURANCE COMPANY B-US Philip Cook, Chief Agent 500 - 36 King St. E. Toronto ON M5C 1E5 416-361-1728 Fax 416-361-6113 Aircraft ............................... Auto. - Liability ................... Auto. - Total ....................... Liability............................... Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
— — — — — —————— — — 43,000 75,000
— — — — — —————— — — 46,000 98,000
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................................— Net Premiums Earned ................................— Net Claims & Adj Exp ....................... –76,000 Commissions ..............................................— Taxes .................................................... 4,000 General Expenses ............................ 216,000 Undrwtg. Profit/Loss ....................... –144,000 Investment Income ........................... 180,000
Underwriting Result 2009: –$144,000 2006: +$262,000
2008: 2005:
–16,000 –1,000 –1,000 –5,000 –54,000 —————–76,000 –206,000 –1,228,000 –579,000 –424,000
— — — — — ———— — — –1,258.70 –432.65
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.................................. — Total Expense Ratio ............................... — Combined Loss & Exp. Ratio ................. — Return on Equity .................................0.12
–$73,000 +$95,000
2007:
491,305,000 260,341,000 751,646,000 — 515,294,000 207,356,000 368,473,000 1,091,123,000 227,000 5,424,000 174,675,000 5,928,000 8,447,000 322,000 —————2,037,792,000 1,980,161,000 1,908,334,000 1,855,859,000 1,738,703,000
2009 Underwriting Performance Summary
80
Net Claims and Adjusting Expenses $
+$922,000
389,947,000 175,822,000 565,769,000 –75,000 311,310,000 210,063,000 233,983,000 755,356,000 124,000 4,389,000 102,683,000 2,913,000 4,503,000 87,000 —————1,435,749,000 1,456,593,000 1,269,227,000 1,276,555,000 1,158,872,000
79.37 67.54 75.27 — 60.41 101.31 63.50 69.23 54.63 80.92 58.79 49.14 53.31 27.02 ———70.46 73.56 66.51 68.79 66.65
Growth: +3.38%
% Growth Rate (NPW) ............................3.75 % of Market (NPW) .............................5.71 Earned Loss Ratio.............................70.46 Total Expense Ratio ..........................32.60 Combined Loss & Exp. Ratio ..........103.06 Return on Equity .................................6.53
2008: –$126,271,000 2005: +$32,407,000
Earned Loss Ratio %
CUMIS GENERAL INSURANCE COMPANY Katherine Bardswick, Chief Executive Officer Kevin Daniel, President & Chief Operating Officer P.O. Box 5065, 151 North Service Rd. Burlington ON L7R 4C2 905-632-1221 Fax 905-632-9412 www.cumis.com Prop. - Personal................. 5,659,000 5,375,000 Prop. - Commercial............ 4,953,000 4,882,000 Prop. - Total ....................... 10,612,000 10,257,000 Auto. - Liability ................... 6,369,000 6,245,000 Auto. - Pers. Acc................ 3,960,000 3,575,000 Auto. - Other ...................... 4,167,000 3,978,000 Auto. - Total ....................... 14,496,000 13,798,000 Fidelity ............................... 3,987,000 3,837,000 Liability............................... 3,633,000 3,610,000 Surety ................................ 2,000 1,000 Accident & Sickness .......... 1,357,000 1,353,000 ——————————Total 2009.......................... 34,087,000 32,856,000 Total 2008.......................... 33,097,000 30,685,000 Total 2007.......................... 28,148,000 27,362,000 Total 2006.......................... 26,506,000 26,992,000 Total 2005.......................... 26,800,000 26,671,000
D-C
3,106,000 1,698,000 4,804,000 2,383,000 4,723,000 2,376,000 9,482,000 5,223,000 930,000 — 468,000 —————20,907,000 15,865,000 15,507,000 20,127,000 18,906,000
Reinsurance Assumed .................. 1,224,000 Reinsurance Ceded ..................... 49,204,000 Net Premiums Written ................. 34,087,000 Net Premiums Earned ................. 32,856,000 Net Claims & Adj Exp .................. 20,907,000 Commissions ................................. 3,587,000 Taxes ............................................. 1,426,000 General Expenses ......................... 5,450,000 Undrwtg. Profit/Loss ...................... 3,045,000 Investment Income ........................... 984,000
Underwriting Result 2009: +$3,045,000 2006: –$247,000
2008: 2005:
57.79 34.78 46.84 38.16 132.11 59.73 68.72 136.12 25.76 — 34.59 ———63.63 51.70 56.67 74.57 70.89
Growth: +8.50%
% Growth Rate (NPW) ............................2.99 % of Market (NPW) .............................0.09 Earned Loss Ratio.............................63.63 Total Expense Ratio ..........................31.85 Combined Loss & Exp. Ratio ............95.48 Return on Equity ...............................12.04
+$3,732,000 +$342,000
2007:
+$2,060,000
DESJARDINS GENERAL INSURANCE GROUP INC. D-C
2009 Direct Premiums Written: +$2,222,572,000
Underwriting Result 2009: –$62,377,000 2006: +$3,326,000
Net Premiums Earned $
2009 Underwriting Performance Summary
CO-OPERATORS GENERAL INSURANCE COMPANY COSECO INSURANCE COMPANY L’EQUITABLE COMPAGNIE D’ASSURANCES GENERALES SOVEREIGN GENERAL INSURANCE COMPANY L’UNION CANADIENNE, COMPAGNIE D’ASSURANCES Katherine Bardswick, President & C.E.O. Priory Square Guelph ON N1H 6P8 519-824-4400 Fax 519-837-0231
Reinsurance Assumed ................ 34,919,000 Reinsurance Ceded ................... 158,233,000 Net Premiums Written ............ 2,099,371,000 Net Premiums Earned ............ 2,037,792,000 Net Claims & Adj Exp ............. 1,435,749,000 Commissions ............................. 306,809,000 Taxes ........................................... 72,167,000 General Expenses ..................... 285,444,000 Undrwtg. Profit/Loss .................. –62,377,000 Investment Income .................... 161,541,000
Net Premiums Written $
2009 Direct Premiums Written: +$82,067,000
CO-OPERATORS GENERAL INSURANCE COMPANY (Consolidated) D-C
Prop. - Personal................. 513,975,000 Prop. - Commercial............ 279,499,000 Prop. - Total ....................... 793,474,000 Aircraft ............................... — Auto. - Liability ................... 521,757,000 Auto. - Pers. Acc................ 212,919,000 Auto. - Other ...................... 372,305,000 Auto. - Total ....................... 1,106,981,000 Boiler & Machinery ............ 120,000 Fidelity ............................... 5,379,000 Liability............................... 178,294,000 Surety ................................ 6,565,000 Marine................................ 8,226,000 Accident & Sickness .......... 332,000 —————Total 2009.......................... 2,099,371,000 Total 2008.......................... 2,023,403,000 Total 2007.......................... 1,938,608,000 Total 2006.......................... 1,935,605,000 Total 2005.......................... 1,787,861,000
Class
2007:
+$32,577,000
Sylvie Paquette, President 6300 Boul. De La Rive-Sud Levis PQ G6V 6P9 418-835-4850 Fax 418-835-5599 www.desjardins.com
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
470,789,000 45,131,000 515,920,000 388,451,000 145,721,000 400,672,000 934,844,000 486,000 2,013,000 17,538,000 274,000 —————1,471,075,000 1,434,612,000 1,401,809,000 1,385,268,000 1,374,932,000
453,511,000 44,067,000 497,578,000 388,347,000 141,530,000 395,292,000 925,169,000 482,000 1,999,000 17,368,000 272,000 —————1,442,868,000 1,425,727,000 1,379,296,000 1,376,051,000 1,365,654,000
2009 Direct Premiums Written: +$1,498,531,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 27,456,000 Net Premiums Written ............ 1,471,075,000 Net Premiums Earned ............ 1,442,868,000 Net Claims & Adj Exp ................ 991,955,000 Commissions ............................... 62,333,000 Taxes ........................................... 48,639,000 General Expenses ..................... 258,616,000 Undrwtg. Profit/Loss .................... 81,325,000 Investment Income ...................... 71,488,000
Underwriting Result 2009: +$81,325,000 2006: +$110,775,000
319,897,000 33,434,000 353,331,000 226,610,000 140,428,000 259,454,000 626,492,000 97,000 897,000 11,138,000 — —————991,955,000 1,055,943,000 955,950,000 980,891,000 982,424,000
70.54 75.87 71.01 58.35 99.22 65.64 67.72 20.12 44.87 64.13 — ———68.75 74.06 69.31 71.28 71.94
Growth: +2.67%
% Growth Rate (NPW) ............................2.54 % of Market (NPW) .............................4.00 Earned Loss Ratio.............................68.75 Total Expense Ratio ..........................25.61 Combined Loss & Exp. Ratio ............94.36 Return on Equity ...............................17.50
2008: +$31,627,000 2005: +$108,564,000
2007: +$102,831,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
ADV169 CI Stat Issue Ad_resize_05.13.10_PRINT.pdf 1 13/05/2010 3:06:55 PM
If I get sick or injured, can you protect my inc If something happens, will you protect my income?
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business I have a businessinteruption partner. Cancoverage? you protect What about prevention against loss?
And our reti etirrement? rement?
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What about my property? What
my equipment?Can you protect my What about medical benefits? ut my health benefits? staff? when the time com my future? And all my equipment?
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Home Auto* Life Investments Group Business Farm Travel
*The Co-operators does not underwrite auto insurance in BC and MB. Extension policy offered in SK.
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
THE DOMINION OF CANADA GENERAL INSURANCE COMPANY
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
224,427,000 101,734,000 326,161,000 345,251,000 159,077,000 214,383,000 718,711,000 1,404,000 79,999,000 1,728,000 —————1,128,003,000 1,047,757,000 996,484,000 1,016,136,000 1,040,504,000
210,746,000 101,807,000 312,553,000 333,049,000 147,885,000 210,475,000 691,409,000 1,463,000 78,984,000 1,617,000 —————1,086,026,000 1,023,257,000 998,882,000 1,026,997,000 1,062,156,000
185,953,000 82,226,000 268,179,000 247,024,000 232,105,000 123,593,000 602,722,000 710,000 31,811,000 9,000 —————903,431,000 768,579,000 714,655,000 644,017,000 645,448,000
2009 Direct Premiums Written: +$1,178,829,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 1,041,000 Reinsurance Ceded ..................... 51,871,000 Net Premiums Written ............ 1,128,003,000 Net Premiums Earned ............ 1,086,026,000 Net Claims & Adj Exp ................ 903,431,000 Commissions ............................. 183,503,000 Taxes ........................................... 37,279,000 General Expenses ..................... 119,676,000 Undrwtg. Profit/Loss ................ –144,036,000 Investment Income .................... –72,715,000
Underwriting Result 2009: –$144,036,000 2006: +$80,356,000
88.24 80.77 85.80 74.17 156.95 58.72 87.17 48.53 40.28 0.56 ———83.19 75.11 71.55 62.71 60.77
Growth: +8.04%
% Growth Rate (NPW) ............................7.66 % of Market (NPW) .............................3.07 Earned Loss Ratio.............................83.19 Total Expense Ratio ..........................31.35 Combined Loss & Exp. Ratio ..........114.54 Return on Equity .............................–24.37
2008: –$50,749,000 2005: +$111,361,000
2007:
–$15,725,000
ECHELON GENERAL INSURANCE COMPANY
B-C
Douglas McIntyre, Chairman Mark Sylvia, C.E.O. George Kalopsis, President & C.O.O. 2680 Matheson Blvd E Suite 300 Mississauga ON L4W 0A5 905-214-7880 Fax 905-214-7883 www.echelon-insurance.ca Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Credit ................................. Legal Expense ................... Liability............................... Surety ................................ Accident & Sickness .......... Credit Protection ................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
2,557,000 7,469,000 10,026,000 39,314,000 25,715,000 18,988,000 84,017,000 1,829,000 660,000 6,586,000 89,000 9,119,000 — —————112,326,000 136,341,000 144,156,000 103,583,000 88,105,000
1,332,000 6,757,000 8,089,000 39,754,000 28,024,000 19,507,000 87,285,000 792,000 692,000 5,675,000 75,000 15,474,000 — —————118,082,000 141,859,000 117,626,000 102,040,000 72,736,000
241,000 3,769,000 4,010,000 34,220,000 33,688,000 12,780,000 80,688,000 138,000 210,000 8,634,000 — 10,972,000 –20,009,000 —————84,643,000 94,462,000 70,328,000 59,089,000 44,545,000
2009 Direct Premiums Written: +$157,170,000 2009 Underwriting Performance Summary
Reinsurance Assumed ......................... 8,000 Reinsurance Ceded ..................... 44,851,000 Net Premiums Written ............... 112,326,000 Net Premiums Earned ............... 118,082,000 Net Claims & Adj Exp .................. 84,643,000 Commissions ............................... 19,204,000 Taxes ............................................. 4,533,000 General Expenses ....................... 16,972,000 Undrwtg. Profit/Loss .................... –4,825,000 Investment Income ...................... 16,409,000
Underwriting Result 2009: –$4,825,000 2006: +$14,652,000 82
2008: 2005:
18.09 55.78 49.57 86.08 120.21 65.51 92.44 17.42 30.35 152.14 — 70.91 — ———71.68 66.59 59.79 57.91 61.24
Growth: +3.53%
% Growth Rate (NPW) ........................–17.61 % of Market (NPW) .............................0.31 Earned Loss Ratio.............................71.68 Total Expense Ratio ..........................34.48 Combined Loss & Exp. Ratio ..........106.16 Return on Equity .................................7.57
+$827,000 +$10,272,000
2007:
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
THE ECONOMICAL B-C INSURANCE GROUP
G.L. Cooke, President & C.E.O. 165 University Ave. Toronto ON M5H 3B9 416-362-7231 Fax 416-362-9918
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Fidelity ............................... Liability............................... Surety ................................
Class
+$9,394,000
B-C
ECONOMICAL MUTUAL INSURANCE COMPANY THE MISSISQUOI INSURANCE COMPANY WATERLOO INSURANCE COMPANY PERTH INSURANCE COMPANY FEDERATION INSURANCE COMPANY OF CANADA N.G. Walpole, President & C.E.O. 111 Westmount Rd. S. Waterloo ON N2J 4S4 519-570-8200 Fax 519-570-8389 www.economicalinsurance.com Prop. - Personal................. 321,436,000 327,876,000 Prop. - Commercial............ 263,944,000 262,289,000 Prop. - Total ....................... 585,380,000 590,165,000 Auto. - Liability ................... 435,970,000 475,754,000 Auto. - Pers. Acc................ 248,115,000 246,888,000 Auto. - Other ...................... 327,744,000 347,037,000 Auto. - Total ....................... 1,011,829,000 1,069,679,000 Boiler & Machinery ............ –10,000 –9,000 Fidelity ............................... 2,258,000 2,323,000 Liability............................... 146,951,000 150,145,000 Surety ................................ 996,000 881,000 Marine................................ 64,000 72,000 ——————————Total 2009.......................... 1,747,468,000 1,813,256,000 Total 2008.......................... 1,862,711,000 1,844,800,000 Total 2007.......................... 1,832,988,000 1,829,554,000 Total 2006.......................... 1,839,704,000 1,767,611,000 Total 2005.......................... 1,703,380,000 1,665,596,000
251,783,000 194,271,000 446,054,000 308,128,000 357,670,000 208,439,000 874,237,000 –6,000 112,000 79,782,000 41,000 71,000 —————1,400,291,000 1,501,949,000 1,265,570,000 1,218,109,000 1,070,799,000
2009 Direct Premiums Written: +$1,809,011,000 2009 Underwriting Performance Summary
Reinsurance Assumed ................ 17,322,000 Reinsurance Ceded ..................... 78,865,000 Net Premiums Written ............ 1,747,468,000 Net Premiums Earned ............ 1,813,256,000 Net Claims & Adj Exp ............. 1,400,291,000 Commissions ............................. 348,830,000 Taxes ........................................... 62,710,000 General Expenses ..................... 145,282,000 Undrwtg. Profit/Loss ................ –143,857,000 Investment Income .................... 165,106,000
Underwriting Result 2009: –$143,857,000 2006: +$6,349,000
76.79 74.07 75.58 64.77 144.87 60.06 81.73 66.67 4.82 53.14 4.65 98.61 ———77.23 81.42 69.17 68.91 64.29
Growth: –5.87%
% Growth Rate (NPW) ..........................–6.19 % of Market (NPW) .............................4.76 Earned Loss Ratio.............................77.23 Total Expense Ratio ..........................30.71 Combined Loss & Exp. Ratio ..........107.94 Return on Equity .................................2.04
2008: –$210,431,000 2005: +$84,565,000
2007:
+$3,368,000
EAGLE STAR INSURANCE COMPANY LIMITED
B-UK
Philip Cook, Chief Agent 500 - 36 King St. E. Toronto ON M5C 1E5 416-361-1728 Fax 416-361-6113 Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
–1,000 –1,000 13,000 — —————12,000 –476,000 –538,000 –88,000 –81,000
–1,000 –1,000 13,000 — —————12,000 –476,000 –538,000 –88,000 –81,000
2009 Direct Premiums Written: –$2,000 2009 Underwriting Performance Summary
Reinsurance Assumed ....................... –1,000 Reinsurance Ceded .......................... –15,000 Net Premiums Written ........................ 12,000 Net Premiums Earned ........................ 12,000 Net Claims & Adj Exp ..................... –688,000 Commissions ..............................................— Taxes .................................................... 6,000 General Expenses ............................ 222,000 Undrwtg. Profit/Loss ......................... 472,000 Investment Income ........................... 216,000
Underwriting Result 2009: +$472,000 2006: –$2,258,000
2008: 2005:
89,000 89,000 –697,000 –80,000 —————–688,000 –747,000 –3,328,000 1,955,000 –1,495,000
–8,900.00 –8,900.00 –5,361.54 — ———–5,733.33 156.93 618.59 –2,221.59 1,845.68
Growth: –83.33% % Growth Rate (NPW) ......................–102.52 % of Market (NPW) .............................0.00 Earned Loss Ratio......................–5,733.33 Total Expense Ratio .....................1,900.00 Combined Loss & Exp. Ratio .....–3,833.33 Return on Equity .................................4.97
+$51,000 +$1,164,000
2007:
+$2,558,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
www.economicalinsurance.com
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
EMPLOYERS INSURANCE COMPANY OF WAUSAU B-US
EULER HERMES AMERICAN CREDIT INDEMNITY COMPANY D-US
Michael Molony, Chief Agent For Canada 181 Bay St., Suite 1000 Brookfield Place Toronto ON M5J 2T3 416-365-7587 Fax 416-307-4372
Yves Gervais, Chief Agent CIBC Tower 1155 Rene-Levesque Blvd., Suite 1702 Montreal PQ H3B 3Z7 514-876-9656 Fax 514-876-9658 www.eulerhermes.ca paul.flanagan@eulerhermes.com
Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
— — — — — —————— — –5,000 — –5,000
— — — — — —————— — –5,000 — –4,000
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................................— Net Premiums Earned ................................— Net Claims & Adj Exp ....................... 301,000 Commissions ..............................................— Taxes .................................................... 1,000 General Expenses .............................. 82,000 Undrwtg. Profit/Loss ....................... –384,000 Investment Income ........................... 947,000
Underwriting Result 2009: –$384,000 2006: +$84,000
2008: 2005:
–36,000 — –36,000 — 1,000 — –1,000 — 337,000 — ————————301,000 — 93,000 — 510,000 –10,200.00 –157,000 — 60,000 –1,500.00
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.................................. — Total Expense Ratio ............................... — Combined Loss & Exp. Ratio ................. — Return on Equity .................................2.19
–$207,000 –$184,000
2007:
–$609,000
Credit ................................. Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
16,765,000 —————16,765,000 21,520,000 21,755,000 25,380,000 26,927,000
19,492,000 —————19,492,000 20,586,000 22,425,000 23,983,000 26,504,000
2009 Direct Premiums Written: +$34,984,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 18,219,000 Net Premiums Written ................. 16,765,000 Net Premiums Earned ................. 19,492,000 Net Claims & Adj Exp .................... 8,263,000 Commissions ............................... –1,532,000 Taxes ............................................. 1,543,000 General Expenses ......................... 7,642,000 Undrwtg. Profit/Loss ...................... 5,260,000 Investment Income ........................ 2,110,000
Underwriting Result 2009: +$5,260,000 2006: +$6,833,000
2008: 2005:
8,263,000 —————8,263,000 23,172,000 13,715,000 13,290,000 13,554,000
Growth: –14.86%
% Growth Rate (NPW) ........................–22.10 % of Market (NPW) .............................0.05 Earned Loss Ratio.............................42.39 Total Expense Ratio ..........................39.26 Combined Loss & Exp. Ratio ............81.65 Return on Equity .................................9.38
–$8,085,000 +$4,855,000
2007:
+$3,603,000
FACTORY MUTUAL EVEREST INSURANCE COMPANY OF INSURANCE COMPANY CANADA/LA COMPAGNIE D’ASSURANCE Kenneth V Lavigne, Chief Agent 165 Commerce Valley Dr. W., Suite 500 ON L3T 7V8 EVEREST DU CANADA B-C Thornhill 905-763-5555 William G. Jonas, President & Chief Executive Officer The Exchange Tower, P.O. Box 431 130 King St. W., Suite 2520 Toronto ON M5X 1E3 416-862-1228 Fax 416-366-5899 www.everestre.com pamela.jornacion@everestre.com Prop. - Commercial............ Prop. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
— — — —————— — — — 2,000
— — — —————— — — — 2,000
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................................— Net Premiums Earned ................................— Net Claims & Adj Exp ......................... 48,000 Commissions ..............................................— Taxes ..........................................................— General Expenses ............................ 123,000 Undrwtg. Profit/Loss ....................... –171,000 Investment Income ............................. 13,000
Underwriting Result 2009: –$171,000 2006: –$96,000
84
2008: 2005:
D-US
Fax 905-763-5556 fmglobal.com
58,000 58,000 –10,000 —————48,000 4,000 –131,000 –98,000 –124,000
— — — ———— — — — –6,200.00
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.................................. — Total Expense Ratio ............................... — Combined Loss & Exp. Ratio ................. — Return on Equity ...............................–3.98
–$135,000 –$126,000
42.39 ———42.39 112.56 61.16 55.41 51.14
2007:
+$11,000
Prop. - Commercial............ Prop. - Total ....................... Boiler & Machinery ............ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
169,482,000 169,482,000 49,082,000 —————218,564,000 200,944,000 202,867,000 243,527,000 238,290,000
167,136,000 167,136,000 48,073,000 —————215,209,000 202,709,000 213,626,000 238,872,000 238,898,000
2009 Direct Premiums Written: +$280,090,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 9,063,000 Reinsurance Ceded ..................... 70,589,000 Net Premiums Written ............... 218,564,000 Net Premiums Earned ............... 215,209,000 Net Claims & Adj Exp .................. 12,743,000 Commissions ............................... –7,063,000 Taxes ........................................... 11,476,000 General Expenses ....................... 40,096,000 Undrwtg. Profit/Loss .................. 157,957,000 Investment Income ...................... 16,083,000
Underwriting Result 2009: +$157,957,000 2006: +$110,948,000
2008: 2005:
10,439,000 10,439,000 2,304,000 —————12,743,000 240,809,000 82,383,000 88,387,000 159,841,000
6.25 6.25 4.79 ———5.92 118.80 38.56 37.00 66.91
Growth: +14.85%
% Growth Rate (NPW) ............................8.77 % of Market (NPW) .............................0.59 Earned Loss Ratio...............................5.92 Total Expense Ratio ..........................20.68 Combined Loss & Exp. Ratio ............26.60 Return on Equity ...............................30.10
–$79,777,000 +$39,923,000
2007:
+$92,680,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Delivery Support: 212.237.7000
FILE: 10A-000453-18B-BRD-10-3A-Clear.indd
SAP #: FMG.FMGBRD.08029.K.011
BLEED: None
EVEN IN THE FACE OF ADVERSITY, OUR APPROACH ENSURES YOUR GLOBAL SUPPLY CHAIN REMAINS IN THE
If your insurance company doesn’t fully understand your supply chain, it may not be thoroughly covering your risk. And more often than not, that happens to be the case. Property-related supply chain issues are often a blind spot for companies. It’s difficult to identify and quantify the risk involved. Yet an unrecognized threat of physical loss to a supplier or even a supplier’s supplier can bring business to a screeching halt. We believe that the majority of loss is preventable. That’s why we’ve created a $100 million state-of-the-art research campus and employ more than 1,700 engineers around the world working to minimize your risk—including potential issues in your supply chain. In fact, for 175 years we’ve linked our underwriting to loss prevention engineering. An approach that clearly distinguishes FM Global from insurers that do not base their underwriting on engineering assessments. Which is to say, all of them. Essentially, we work hard to find the blind spots in your blind spots. Just one of the reasons our clients’ losses tend to be smaller and less frequent. Underwriting through loss prevention engineering. That’s insurance evolved.
© 2010 FM Global. All Rights Reserved.
Insurance Evolved
To learn more, visit fmglobal.com/insuranceevolved/clear
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
LE GROUPE ESTRIE-RICHELIEU COMPAGNIE D’ASSURANCE
Earned Loss Ratio %
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
9,019,000 17,988,000 27,007,000 272,000 14,000 508,000 794,000 225,000 4,205,000 —————32,231,000 31,263,000 30,840,000 29,820,000 27,726,000
8,630,000 17,827,000 26,457,000 260,000 14,000 556,000 830,000 222,000 4,101,000 —————31,610,000 30,733,000 30,294,000 28,577,000 27,043,000
D-C
5,527,000 15,797,000 21,324,000 75,000 2,000 271,000 348,000 37,000 1,142,000 —————22,851,000 20,332,000 20,909,000 18,165,000 14,770,000
2009 Direct Premiums Written: +$39,656,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 5,461,000 Reinsurance Ceded ..................... 12,886,000 Net Premiums Written ................. 32,231,000 Net Premiums Earned ................. 31,610,000 Net Claims & Adj Exp .................. 22,851,000 Commissions ................................. 7,259,000 Taxes ..........................................................— General Expenses ......................... 3,787,000 Undrwtg. Profit/Loss .................... –2,287,000 Investment Income ........................ 3,536,000
Underwriting Result 2009: –$2,287,000 2006: +$12,000
2008: 2005:
64.04 88.61 80.60 28.85 14.29 48.74 41.93 16.67 27.85 ———72.29 66.16 69.02 63.57 54.62
Growth: +4.23%
% Growth Rate (NPW) ............................3.10 % of Market (NPW) .............................0.09 Earned Loss Ratio.............................72.29 Total Expense Ratio ..........................34.94 Combined Loss & Exp. Ratio ..........107.23 Return on Equity .................................1.91
–$416,000 +$3,450,000
2007:
–$940,000
FIRST CANADIAN TITLE
B-C
2235 Sheridan Garden Dr. Oakville ON L6J 7Y5 905-287-1000 Fax 905-287-2400 www.firstcanadiantitle.com
Title .................................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
114,833,000 —————114,833,000 126,367,000 148,035,000 123,029,000 102,202,000
114,833,000 —————114,833,000 126,367,000 148,035,000 123,029,000 102,202,000
25,961,000 —————25,961,000 38,274,000 38,052,000 35,178,000 20,555,000
2009 Direct Premiums Written: +$114,833,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 3,517,000 Reinsurance Ceded ....................... 3,517,000 Net Premiums Written ............... 114,833,000 Net Premiums Earned ............... 114,833,000 Net Claims & Adj Exp .................. 25,961,000 Commissions .................................... 279,000 Taxes ............................................. 3,687,000 General Expenses ....................... 62,570,000 Undrwtg. Profit/Loss .................... 22,336,000 Investment Income ........................ 5,484,000
Underwriting Result 2009: +$22,336,000 2006: +$18,511,000
2008: 2005:
22.61 ———22.61 30.29 25.70 28.59 20.11
Growth: –9.15%
% Growth Rate (NPW) ..........................–9.13 % of Market (NPW) .............................0.31 Earned Loss Ratio.............................22.61 Total Expense Ratio ..........................57.94 Combined Loss & Exp. Ratio ............80.55 Return on Equity ...............................21.36
+$15,611,000 +$19,581,000
2007:
Net Premiums Written $
Net Premiums Earned $
Earned Loss Ratio %
+$32,888,000
B-C
Dan Courtemanche, President & C.E.O. 181 University Ave. Suite 1000 Toronto ON M5H 3M7 416-682-5300 Fax 416-682-9213 www.gcan.ca Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Hail .................................... Liability............................... Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
49,593,000 49,593,000 2,452,000 2,605,000 476,000 3,547,000 6,628,000 12,092,000 — 748,000 4,492,000 84,163,000 1,291,000 —————161,459,000 147,012,000 77,474,000 71,049,000 66,943,000
46,572,000 46,572,000 2,295,000 2,312,000 397,000 3,214,000 5,923,000 11,568,000 — 775,000 4,492,000 80,079,000 1,051,000 —————152,755,000 114,202,000 73,781,000 69,007,000 65,248,000
2009 Direct Premiums Written: +$246,294,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 2,620,000 Reinsurance Ceded ..................... 93,467,000 Net Premiums Written ............... 161,459,000 Net Premiums Earned ............... 152,755,000 Net Claims & Adj Exp .................. 71,689,000 Commissions ............................... 21,736,000 Taxes ............................................. 7,922,000 General Expenses ....................... 22,987,000 Undrwtg. Profit/Loss .................... 28,421,000 Investment Income ...................... 18,083,000
Underwriting Result 2009: +$28,421,000 2006: +$13,124,000
2008: 2005:
33,073,000 33,073,000 1,734,000 2,470,000 919,000 1,779,000 5,168,000 5,014,000 –1,000 54,000 1,591,000 24,843,000 213,000 —————71,689,000 55,747,000 23,000,000 32,073,000 29,053,000
71.01 71.01 75.56 106.83 231.49 55.35 87.25 43.34 — 6.97 35.42 31.02 20.27 ———46.93 48.81 31.17 46.48 44.53
Growth: +12.49%
% Growth Rate (NPW) ............................9.83 % of Market (NPW) .............................0.44 Earned Loss Ratio.............................46.93 Total Expense Ratio ..........................34.46 Combined Loss & Exp. Ratio ............81.39 Return on Equity ...............................14.69
+$20,710,000 +$14,625,000
2007:
+$27,722,000
GRAIN INSURANCE AND GUARANTEE COMPANY
B-C
R.N. Jackson, President & General Manager 1240 One Lombard Place Winnipeg MB R3B 0V9 204-943-0721 Fax 204-943-6419 www.graininsurance.com fewilliams@graininsurance.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
8,438,000 23,444,000 31,882,000 162,000 104,000 9,194,000 162,000 —————41,504,000 39,902,000 37,795,000 41,224,000 28,590,000
8,505,000 22,693,000 31,198,000 55,000 101,000 8,567,000 161,000 —————40,082,000 39,651,000 36,917,000 36,769,000 27,782,000
4,800,000 7,837,000 12,637,000 21,000 15,000 2,850,000 34,000 —————15,557,000 18,653,000 16,400,000 15,784,000 12,819,000
2009 Direct Premiums Written: +$52,579,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 11,075,000 Net Premiums Written ................. 41,504,000 Net Premiums Earned ................. 40,082,000 Net Claims & Adj Exp .................. 15,557,000 Commissions ................................. 8,952,000 Taxes ............................................. 2,045,000 General Expenses ......................... 6,938,000 Undrwtg. Profit/Loss ...................... 6,590,000 Investment Income ........................ 3,890,000
Underwriting Result 2009: +$6,590,000 2006: +$4,251,000 86
Net Claims and Adjusting Expenses $
GCAN INSURANCE COMPANY
Michel Prevost, President 770 Rue Principale Granby PQ J2G 2Y7 450-378-0101 Fax 450-378-5189 www.ger.qc.ca info@ger.qc.ca Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Liability...............................
Class
2008: 2005:
56.44 34.53 40.51 38.18 14.85 33.27 21.12 ———38.81 47.04 44.42 42.93 46.14
Growth: +5.61%
% Growth Rate (NPW) ............................4.01 % of Market (NPW) .............................0.11 Earned Loss Ratio.............................38.81 Total Expense Ratio ..........................44.75 Combined Loss & Exp. Ratio ............83.56 Return on Equity ...............................25.67
+$4,072,000 +$3,268,000
2007:
+$4,181,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Work With people you trust.
We have been all about TRUST since 1920.
Grain has provided solid insurance coverage for over 90 years. We value the trust you’ve placed in us and look forward to providing strong, stable, and reliable insurance options focused on your next client proposal.
graininsurance.com
Corporate Office 1240 One Lombard Place Winnipeg, MB R3B 0V9 Toll Free 1-800-665-3351
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
GREAT AMERICAN INSURANCE COMPANY
Total 2009.......................... Total 2008..........................
12,508,000 12,508,000 — — 1,205,000 16,247,000 99,000 3,551,000 —————33,610,000 43,877,000
26,987,000 26,987,000 — — 1,059,000 15,649,000 45,000 3,358,000 —————47,098,000 44,746,000
2009 Direct Premiums Written: +$52,073,000 2009 Underwriting Performance Summary
Reinsurance Assumed ..................... 780,000 Reinsurance Ceded ..................... 19,243,000 Net Premiums Written ................. 33,610,000 Net Premiums Earned ................. 47,098,000 Net Claims & Adj Exp .................. 25,608,000 Commissions ................................. 2,969,000 Taxes ............................................. 2,475,000 General Expenses ......................... 6,755,000 Undrwtg. Profit/Loss .................. –17,166,000 Investment Income ........................ 7,413,000
Underwriting Result 2009: –$17,166,000
2008:
12,608,000 12,608,000 2,000 2,000 426,000 9,263,000 13,000 3,296,000 —————25,608,000 26,947,000
46.72 46.72 — — 40.23 59.19 28.89 98.15 ———54.37 60.22
Growth: –13.17%
% Growth Rate (NPW) ........................–23.40 % of Market (NPW) .............................0.09 Earned Loss Ratio.............................54.37 Total Expense Ratio ..........................25.90 Combined Loss & Exp. Ratio ............80.27 Return on Equity .................................5.49
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
69,503,000 22,418,000 91,921,000 47,985,000 34,440,000 30,557,000 112,982,000 — 18,772,000 1,000 62,000 —————223,738,000 193,764,000 179,559,000 165,679,000 154,438,000
2009 Direct Premiums Written: +$259,561,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 16,633,000 Net Premiums Written ............... 242,928,000 Net Premiums Earned ............... 223,738,000 Net Claims & Adj Exp ................ 148,977,000 Commissions ............................... 42,843,000 Taxes ............................................. 7,966,000 General Expenses ....................... 25,338,000 Undrwtg. Profit/Loss ...................... 1,525,000 Investment Income ........................... 762,000
Underwriting Result 2009: +$1,525,000 2006: +$4,437,000 88
2008: 2005:
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Credit ................................. Fidelity ............................... Liability............................... Surety ................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
62,976,000 5,933,000 68,909,000 34,539,000 23,547,000 22,865,000 80,951,000 969,000 13,384,000 38,738,000 55,945,000 293,000 —————259,189,000 250,350,000 246,959,000 260,375,000 269,326,000
60,637,000 5,973,000 66,610,000 33,812,000 22,442,000 23,353,000 79,607,000 1,073,000 13,051,000 38,814,000 52,010,000 301,000 —————251,466,000 246,625,000 251,828,000 264,457,000 270,890,000
Reinsurance Assumed .................. 3,956,000 Reinsurance Ceded ..................... 51,637,000 Net Premiums Written ............... 259,189,000 Net Premiums Earned ............... 251,466,000 Net Claims & Adj Exp ................ 195,086,000 Commissions ............................... 53,720,000 Taxes ............................................. 6,443,000 General Expenses ....................... 32,686,000 Undrwtg. Profit/Loss .................. –36,469,000 Investment Income ...................... 18,398,000
B-C
Earned Loss Ratio %
B-C
43,483,000 4,108,000 47,591,000 29,151,000 30,329,000 11,320,000 70,800,000 556,000 6,262,000 66,237,000 3,638,000 2,000 —————195,086,000 147,033,000 138,909,000 146,785,000 154,641,000
Underwriting Result 2009: –$36,469,000 2006: +$30,460,000
2008: 2005:
71.71 68.78 71.45 86.21 135.14 48.47 88.94 51.82 47.98 170.65 6.99 0.66 ———77.58 59.62 55.16 55.50 57.09
Growth: +4.35%
% Growth Rate (NPW) ............................3.53 % of Market (NPW) .............................0.71 Earned Loss Ratio.............................77.58 Total Expense Ratio ..........................36.92 Combined Loss & Exp. Ratio ..........114.50 Return on Equity .................................2.45
+$8,831,000 +$28,991,000
2007:
+$27,831,000
Developed by Baron Actuaries Powered By Compu-Quote
47,059,000 16,090,000 63,149,000 28,496,000 26,171,000 18,765,000 73,432,000 6,000 12,390,000 — — —————148,977,000 131,239,000 109,299,000 103,963,000 96,866,000
67.71 71.77 68.70 59.39 75.99 61.41 64.99 — 66.00 — — ———66.59 67.73 60.87 62.75 62.72
Growth: +16.13%
Baron Index
Use the score to assess your risk
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GREEN SHIELD CANADA
2007:
+$6,954,000
8677 Anchor Dr PO Box 1606 Windsor ON N9A 6W1 www.greenshield.ca Accident & Sickness .......... Total 2009.......................... Total 2008..........................
301,959,000 —————301,959,000 297,414,000
301,959,000 —————301,959,000 297,414,000
2009 Direct Premiums Written: +$302,804,000 % Growth Rate (NPW) ..........................16.53 % of Market (NPW) .............................0.66 Earned Loss Ratio.............................66.59 Total Expense Ratio ..........................34.03 Combined Loss & Exp. Ratio ..........100.62 Return on Equity .................................1.77
–$2,461,000 +$5,148,000
Net Claims and Adjusting Expenses $
Jules R Quenneville, Executive Chairman & CEO Robert A Dempsey, President & COO 4950 Yonge St., Suite 1400 Madison Centre North York ON M2N 6K1 416-223-9580 Fax 416-223-6577 www.gcna.com jquenneville@gcna.com
2009 Underwriting Performance Summary
Kevin W. McNeil, 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
73,565,000 24,783,000 98,348,000 54,205,000 38,155,000 32,156,000 124,516,000 — 20,006,000 1,000 57,000 —————242,928,000 208,477,000 185,560,000 174,238,000 156,612,000
Net Premiums Earned $
2009 Direct Premiums Written: +$306,871,000
–$10,319,000
GORE MUTUAL INSURANCE COMPANY
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Liability............................... Surety ................................ Accident & Sickness ..........
Net Premiums Written $
THE GUARANTEE COMPANY B-F OF NORTH AMERICA
2100-40 King St W Toronto ON M5H 3C2 416-369-5300 Fax 416-360-8877 Prop. - Commercial............ Prop. - Total ....................... Auto. - Other ...................... Auto. - Total ....................... Fidelity ............................... Liability............................... Surety ................................ Marine................................
Class
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded .......................... 845,000 Net Premiums Written ............... 301,959,000 Net Premiums Earned ............... 301,959,000 Net Claims & Adj Exp ................ 255,101,000 Commissions ............................... 12,415,000 Taxes ............................................. 4,887,000 General Expenses ....................... 20,962,000 Undrwtg. Profit/Loss ...................... 2,086,000 Investment Income ........................ 5,935,000
Underwriting Result 2009: +$2,086,000
2008:
255,101,000 —————255,101,000 242,038,000
84.48 ———84.48 81.38
Growth: +1.62%
% Growth Rate (NPW) ............................1.53 % of Market (NPW) .............................0.82 Earned Loss Ratio.............................84.48 Total Expense Ratio ..........................12.67 Combined Loss & Exp. Ratio ............97.15 Return on Equity .................................5.40
+$13,377,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
1THE GUARANTEE FINAL!!
5/13/10
12:41 PM
Page 1
CANADA’S LEADING SPECIALTY INSURER
Fidelity
Contract Surety
Personal Lines
Directors’ & Office rs Liability Insurance ’
Credit Insurance At The Guarantee Company of North America, we take pride in providing specialized quality products via the independent broker network with a “Guarantee” of excellence.
Commercial & Miscellaneous Sure ty
Guarantee GOLD
®
We have time for you! SINCE
1872
gcna.com
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
Class
Net Premiums Written $
Net Premiums Earned $
ICAROM PLC
HARTFORD FIRE INSURANCE COMPANY
B-US
Illona V. Kirsh, Chief Agent In Canada 121 King St. West, Suite 1810 PO Box 112 Toronto ON M5H 3T9
Liability...............................
B-US
— —————— — — —
— —————— — — —
2009 Underwriting Performance Summary
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
— 8,693,000 8,693,000 –3,000 662,000 7,000 233,000 902,000 9,000 33,000 3,947,000 64,000 –1,000 — —————13,644,000 16,526,000 17,707,000 20,979,000 21,232,000
— 8,630,000 8,630,000 –3,000 669,000 4,000 244,000 917,000 7,000 33,000 4,725,000 97,000 –1,000 — —————14,405,000 16,351,000 18,435,000 19,640,000 21,108,000
2009 Direct Premiums Written: +$15,665,000 2009 Underwriting Performance Summary
Reinsurance Assumed ..................... 104,000 Reinsurance Ceded ....................... 2,125,000 Net Premiums Written ................. 13,644,000 Net Premiums Earned ................. 14,405,000 Net Claims & Adj Exp .................... 7,861,000 Commissions ...................................... 53,000 Taxes ................................................ 612,000 General Expenses ......................... 2,901,000 Undrwtg. Profit/Loss ...................... 2,978,000 Investment Income ........................ 9,833,000
Underwriting Result 2009: +$2,978,000 2006: +$8,104,000
2008: 2005:
27,000 6,737,000 6,764,000 –103,000 2,353,000 8,000 417,000 2,778,000 — — –1,578,000 –4,000 3,000 1,000 —————7,861,000 17,718,000 7,200,000 8,300,000 17,562,000
— 78.06 78.38 3,433.33 351.72 200.00 170.90 302.94 — — –33.40 –4.12 –300.00 — ———54.57 108.36 39.06 42.26 83.20
Growth: –21.02%
% Growth Rate (NPW) ........................–17.44 % of Market (NPW) .............................0.04 Earned Loss Ratio.............................54.57 Total Expense Ratio ..........................24.76 Combined Loss & Exp. Ratio ............79.33 Return on Equity .................................5.65
–$5,160,000 +$1,425,000
2007:
+$8,236,000
HANOVER INSURANCE COMPANY
B-US
Philip Cook, Chief Agent 500 - 36 King St. E. Toronto ON M5C 1E5 416-361-1728 Fax 416-361-6113 Auto. - Liability ................... Auto. - Total ....................... Liability............................... Total 2008.......................... Total 2006.......................... Total 2005..........................
— — — —————— — —
— — — —————— — —
1,000 1,000 –1,000 —————1,000 –4,000 –10,000
— — — ———— — —
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................................— Net Premiums Earned ................................— Net Claims & Adj Exp ......................... 12,000 Commissions ..............................................— Taxes ..........................................................— General Expenses .............................. 91,000 Undrwtg. Profit/Loss ....................... –103,000 Investment Income ............................. 34,000
Underwriting Result 2009: –$103,000 2006: –$504,000
2008: 2005:
Analytics
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................................— Net Premiums Earned ................................— Net Claims & Adj Exp .................................— Commissions ..............................................— Taxes ..........................................................— General Expenses .............................. 91,000 Undrwtg. Profit/Loss ......................... –91,000 Investment Income ............................. 18,000
Underwriting Result 2009: –$91,000 2006: –$88,000 90
2008: 2005:
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.................................. — Total Expense Ratio ............................... — Combined Loss & Exp. Ratio ................. — Return on Equity .................................2.36
–$91,000 –$73,000
2007:
–$84,000
12,000 —————12,000 33,000 414,000 30,000
— ———— — — —
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.................................. — Total Expense Ratio ............................... — Combined Loss & Exp. Ratio ................. — Return on Equity .................................2.13
–$122,000 –$124,000
2007:
–$88,000
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INTACT FINANCIAL CORPORATION
B-F
INTACT INSURANCE NOVEX NORDIC BELAIRdirect TRAFALGAR 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 Prop. - Personal................. 953,510,000 Prop. - Commercial............ 452,857,000 Prop. - Total ....................... 1,406,367,000 Auto. - Liability ................... 1,140,427,000 Auto. - Pers. Acc................ 425,774,000 Auto. - Other ...................... 859,479,000 Auto. - Total ....................... 2,425,680,000 Boiler & Machinery ............ — Fidelity ............................... 8,000 Legal Expense ................... 4,783,000 Liability............................... 285,978,000 Surety ................................ 17,061,000 Marine................................ 936,000 Accident & Sickness .......... 10,476,000 —————Total 2009.......................... 4,151,289,000 Total 2008.......................... 4,072,139,000 Total 2007.......................... 4,002,449,000 Total 2006.......................... 3,895,493,000 Total 2005.......................... 3,754,937,000
917,962,000 440,266,000 1,358,228,000 1,113,895,000 402,434,000 865,343,000 2,381,672,000 208,000 8,000 9,385,000 283,355,000 17,050,000 875,000 4,594,000 —————4,055,375,000 4,039,436,000 3,932,015,000 3,826,614,000 3,840,176,000
2009 Direct Premiums Written: +$4,261,658,000 2009 Underwriting Performance Summary
Earned Loss Ratio %
Philip Cook, Chief Agent 500 - 36 King St. E. Toronto ON M5C 1E5 416-361-1728 Fax 416-361-6113
Total 2009.......................... Total 2008.......................... Total 2006.......................... Total 2005..........................
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Marine................................ Credit Protection ................
Net Claims and Adjusting Expenses $
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ................... 110,369,000 Net Premiums Written ............ 4,151,289,000 Net Premiums Earned ............ 4,055,375,000 Net Claims & Adj Exp ............. 2,877,237,000 Commissions ............................. 634,504,000 Taxes ......................................... 140,355,000 General Expenses ..................... 390,929,000 Undrwtg. Profit/Loss .................... 12,350,000 Investment Income .................... 110,115,000
Underwriting Result 2009: +$12,350,000 2006: +$403,834,000
696,497,000 319,485,000 1,015,982,000 664,475,000 470,908,000 529,029,000 1,664,412,000 –143,000 –1,000 4,304,000 180,078,000 313,000 366,000 11,926,000 —————2,877,237,000 2,806,289,000 2,584,248,000 2,261,169,000 2,161,755,000
75.87 72.57 74.80 59.65 117.01 61.14 69.88 –68.75 –12.50 45.86 63.55 1.84 41.83 259.60 ———70.95 69.47 65.72 59.09 56.29
Growth: +2.19%
% Growth Rate (NPW) ............................1.94 % of Market (NPW) ...........................11.30 Earned Loss Ratio.............................70.95 Total Expense Ratio ..........................28.75 Combined Loss & Exp. Ratio ............99.70 Return on Equity .................................4.60
2008: +$66,974,000 2005: +$537,712,000
2007: +$208,854,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
“I couldn’t keep up
with the
speed
at which the claim
was handled.” When Colin wrote us a letter to say thanks, he actually wrote us an ad. Thanks Colin. We’re really happy that you’re happy. After all, delivering a claims experience that is fair, easy and respectful is what we’re here to do, every day. Because we believe insurance isn’t about things, it’s about people. And because as a customer you always come first, it’s only fitting that you have the last word. “Customer delight is the goal of every service organization. Intact Insurance achieved that goal because of the people that delivered on every aspect of what was promised. Well done.”
HOME • AUTO • BUSINESS Certain conditions, restrictions and exclusions may apply. Services are not available in Saskatchewan or Newfoundland. The BIP logo is a registered trademark of the Insurance Brokers Association of Canada (IBAC) used with permission. All other trademarks are properties of Intact Financial Corporation used under license. © 2010, Intact Insurance Company. All rights reserved.
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
INDUSTRIELLE ALLIANCE COMPAGNIE THE KINGS MUTUAL D’ASSURANCES GENERALES D-C INSURANCE COMPANY Michel Laurin, President et chef de l’exploitation 925 Chemin St.-Louis, Suite 230 Quebec PQ G1S 1C1 418-650-4600 Fax 418-650-4636 www.inalco.com serviceclient@iaah.ca Prop. - Personal................. Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
46,816,000 46,816,000 33,833,000 1,179,000 46,368,000 81,380,000 487,000 —————128,683,000 116,894,000 110,094,000 102,962,000 93,695,000
43,904,000 43,904,000 32,097,000 1,201,000 44,292,000 77,590,000 1,019,000 —————122,513,000 113,933,000 106,641,000 98,583,000 89,546,000
31,937,000 31,937,000 17,695,000 139,000 32,670,000 50,504,000 787,000 —————83,228,000 83,243,000 71,780,000 71,194,000 62,921,000
2009 Direct Premiums Written: +$135,515,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 6,832,000 Net Premiums Written ............... 128,683,000 Net Premiums Earned ............... 122,513,000 Net Claims & Adj Exp .................. 83,228,000 Commissions ................................. 3,256,000 Taxes ............................................. 4,493,000 General Expenses ....................... 23,047,000 Undrwtg. Profit/Loss ...................... 8,489,000 Investment Income ........................ 2,783,000
Underwriting Result 2009: +$8,489,000 2006: +$1,627,000
2008: 2005:
72.74 72.74 55.13 11.57 73.76 65.09 77.23 ———67.93 73.06 67.31 72.22 70.27
Growth: +4.32%
% Growth Rate (NPW) ..........................10.09 % of Market (NPW) .............................0.35 Earned Loss Ratio.............................67.93 Total Expense Ratio ..........................25.14 Combined Loss & Exp. Ratio ............93.07 Return on Equity ...............................32.53
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
2007:
2009 Underwriting Performance Summary
Reinsurance Assumed ....................... 32,000 Reinsurance Ceded .......................... 629,000 Net Premiums Written ................... 5,897,000 Net Premiums Earned ................... 5,799,000 Net Claims & Adj Exp .................... 2,405,000 Commissions ................................. 1,158,000 Taxes ................................................ 232,000 General Expenses ......................... 2,152,000 Undrwtg. Profit/Loss ....................... –614,000 Investment Income ........................... 274,000
B-C
5250 Boul Decarie, Suite 100 Montreal PQ H3X 2H9 514-284-9350 Fax 514-289-9257 www.jevco.ca
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Surety ................................
Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Fidelity ............................... Liability............................... Surety ................................ Marine................................
2009 Direct Premiums Written: +$184,982,000 2009 Underwriting Performance Summary
Reinsurance Assumed ................ 14,328,000 Reinsurance Ceded ..................... 27,543,000 Net Premiums Written ............... 171,767,000 Net Premiums Earned ............... 213,946,000 Net Claims & Adj Exp ................ 175,340,000 Commissions ............................... 45,087,000 Taxes ............................................. 6,500,000 General Expenses ....................... 24,884,000 Undrwtg. Profit/Loss .................. –37,865,000 Investment Income ...................... 20,991,000
Underwriting Result 2009: –$37,865,000 2006: +$13,310,000 92
2008: 2005:
1,205,000 21,383,000 22,588,000 71,676,000 48,061,000 28,795,000 148,532,000 –516,000 4,736,000 —————175,340,000 143,886,000 111,541,000 122,228,000 151,388,000
47.53 109.10 102.05 108.96 110.63 45.46 86.07 –13.60 30.65 ———81.96 70.56 56.86 60.29 72.36
Growth: +18.94%
% Growth Rate (NPW) ........................–15.79 % of Market (NPW) .............................0.47 Earned Loss Ratio.............................81.96 Total Expense Ratio ..........................35.74 Combined Loss & Exp. Ratio ..........117.70 Return on Equity ...............................–5.78
–$5,161,000 –$6,890,000
2007:
2,251,000 2,000 2,253,000 152,000 —————2,405,000 3,448,000 2,614,000 1,841,000 1,965,000
2008: 2005:
44.35 1.40 43.18 26.16 ———41.47 63.79 50.65 37.21 41.79
Growth: +2.85%
% Growth Rate (NPW) ............................6.77 % of Market (NPW) .............................0.02 Earned Loss Ratio.............................41.47 Total Expense Ratio ..........................61.08 Combined Loss & Exp. Ratio ..........102.55 Return on Equity ...............................–0.92
–$1,822,000 –$1,432,000
2007:
–$1,854,000
LIBERTY MUTUAL INSURANCE COMPANY 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
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
5,075,000 143,000 5,218,000 581,000 —————5,799,000 5,405,000 5,161,000 4,947,000 4,702,000
+$6,076,000
JEVCO INSURANCE COMPANY
2,535,000 19,600,000 22,135,000 65,784,000 43,443,000 63,340,000 172,567,000 3,794,000 15,450,000 —————213,946,000 203,920,000 196,155,000 202,747,000 209,205,000
5,086,000 149,000 5,235,000 662,000 —————5,897,000 5,523,000 5,289,000 5,062,000 4,852,000
2009 Direct Premiums Written: +$6,494,000
Underwriting Result 2009: –$614,000 2006: –$1,209,000
+$1,447,000 +$4,176,000
1,756,000 11,613,000 13,369,000 46,300,000 35,575,000 56,880,000 138,755,000 2,653,000 16,990,000 —————171,767,000 203,979,000 205,771,000 205,892,000 219,879,000
B-C
Daniel R. Lister, CA, President & CEO P.O. Box 10 Berwick NS B0P 1E0 902-538-3187 Fax 902-538-7271 www.kingsmutual.ns.ca dlister@kingsmutual.ns.ca
+$15,789,000
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
19,137,000 19,137,000 3,529,000 12,195,000 2,499,000 5,240,000 19,934,000 5,482,000 58,125,000 25,000 3,004,000 —————109,236,000 104,138,000 87,357,000 71,812,000 68,813,000
23,305,000 23,305,000 3,376,000 11,290,000 2,342,000 4,727,000 18,359,000 4,549,000 59,175,000 13,000 2,885,000 —————111,662,000 86,010,000 84,074,000 79,707,000 66,178,000
D-US
–3,426,000 –3,426,000 165,000 5,336,000 1,129,000 5,427,000 11,892,000 1,917,000 31,576,000 4,000 921,000 —————43,049,000 54,869,000 61,805,000 60,129,000 55,200,000
2009 Direct Premiums Written: +$167,994,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 6,385,000 Reinsurance Ceded ..................... 65,143,000 Net Premiums Written ............... 109,236,000 Net Premiums Earned ............... 111,662,000 Net Claims & Adj Exp .................. 43,049,000 Commissions ................................. 4,706,000 Taxes ............................................. 5,840,000 General Expenses ....................... 25,851,000 Undrwtg. Profit/Loss .................... 32,216,000 Investment Income ...................... 32,736,000
Underwriting Result 2009: +$32,216,000 2006: +$4,701,000
2008: 2005:
–14.70 –14.70 4.89 47.26 48.21 114.81 64.77 42.14 53.36 30.77 31.92 ———38.55 63.79 73.51 75.44 83.41
Growth: +1.36%
% Growth Rate (NPW) ............................4.90 % of Market (NPW) .............................0.30 Earned Loss Ratio.............................38.55 Total Expense Ratio ..........................32.60 Combined Loss & Exp. Ratio ............71.15 Return on Equity ...............................10.18
+$3,198,000 –$1,086,000
2007:
–$2,541,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Liberty.FINAL_May14.Ad:R2.LIU
5/15/09
1:09 PM
Page 1
Understands the magnitude of the project. – Mike Weiss, Senior Vice-President, Toronto office, LIU Canada
Yes, there’s a multi-line insurer as responsible as you are. Government infrastructure spending over the next two years will generate numerous opportunities for the construction and project development sectors. When your client takes on a large project, protection and peace of mind are vital. Liberty International Underwriters (LIU) delivers both. LIU’s multi-line coverage includes CAR/EAR, Project Cargo, Primary and Excess Wrap-up Liability, Environmental Impairment Liability, Surety, Executive Risk, Project Errors & Omissions and Commercial Automobile. Count on LIU – we have the people, the products and the capacity to handle your needs. To obtain more information, contact Mike Weiss at 416.307.5189 or visit www.liucanada.com
Responsibility. What’s your policy?™
C A SUALT Y • ALTERNATIVE RISK MGMT • WORKERS’ COMP • PROPERT Y • ENERGY • DIRECTORS & OFFICERS • MARINE • RISK SERVICES
Liberty International Underwriters, a division of Liberty Mutual Insurance Company
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
LEGACY GENERAL INSURANCE COMPANY
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
721,000 721,000 18,415,000 14,633,000 —————33,769,000 35,527,000 37,380,000 34,262,000 32,124,000
721,000 721,000 16,003,000 14,633,000 —————31,357,000 37,485,000 37,574,000 34,511,000 34,017,000
38,000 38,000 3,303,000 1,838,000 —————5,179,000 4,160,000 5,947,000 1,541,000 5,280,000
2009 Direct Premiums Written: +$44,957,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 6,551,000 Reinsurance Ceded ..................... 17,754,000 Net Premiums Written ................. 33,769,000 Net Premiums Earned ................. 31,357,000 Net Claims & Adj Exp .................... 5,179,000 Commissions ................................. 4,432,000 Taxes ................................................ 841,000 General Expenses ....................... 16,977,000 Undrwtg. Profit/Loss ...................... 3,928,000 Investment Income ........................... 861,000
Underwriting Result 2009: +$3,928,000 2006: +$10,344,000
2008: 2005:
5.27 5.27 20.64 12.56 ———16.52 11.10 15.83 4.47 15.52
Growth: –8.06%
LLOYD’S UNDERWRITERS
2007:
+$9,553,000
B-UK
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 property and casualty insurance in all provinces and territories. The data is derived from the P&C 2 return filed with OSFI. It is prepared on the basis of accounting principles specified by the Superintendent of Financial Institutions not Canadian GAAP. For this reason, the data in respect of Lloyd’s is not directly comparable with the data of other insurers. Sean Murphy, Attorney In Fact In Canada Deborah Moor, President Lloyd’s Canada 1155 Rue Metcalfe, Suite 2220 Montreal PQ H3B 2V6 514-861-8361 Fax 514-861-0470 www.lloyds.com info@lloyds.ca Prop. - Personal................. 85,456,000 85,456,000 64,709,000 75.72 Prop. - Commercial............ 640,361,000 640,361,000 391,019,000 61.06 Prop. - Total ....................... 725,817,000 725,817,000 455,728,000 62.79 Aircraft ............................... 120,287,000 120,287,000 51,655,000 42.94 Auto. - Liability ................... 3,866,000 3,866,000 –9,155,000 –236.81 Auto. - Pers. Acc................ 81,000 81,000 3,519,000 4,344.44 Auto. - Other ...................... 14,706,000 14,706,000 8,284,000 56.33 Auto. - Total ....................... 18,653,000 18,653,000 2,648,000 14.20 Boiler & Machinery ............ 11,862,000 11,862,000 482,000 4.06 Credit ................................. 2,609,000 2,609,000 2,128,000 81.56 Fidelity ............................... 15,074,000 15,074,000 415,000 2.75 Legal Expense ................... 1,249,000 1,249,000 –207,000 –16.57 Liability............................... 701,360,000 701,360,000 242,111,000 34.52 Surety ................................ 625,000 625,000 –38,000 –6.08 Marine................................ 61,196,000 61,196,000 39,267,000 64.17 Accident & Sickness .......... 70,744,000 70,744,000 26,177,000 37.00 ——————————————————Total 2009.......................... 1,729,476,000 1,729,476,000 820,366,000 47.43 Total 2008.......................... 1,630,629,000 1,630,629,000 824,946,000 50.59 Total 2007.......................... 1,484,736,000 1,484,736,000 567,083,000 38.19 Total 2006.......................... 1,431,632,000 1,431,632,000 155,565,000 10.87 Total 2005.......................... 1,311,110,000 1,311,110,000 1,111,874,000 84.80
2009 Direct Premiums Written: +$1,497,341,000 Reinsurance Assumed .............. 232,135,000 Reinsurance Ceded ....................................— Net Premiums Written ............ 1,729,476,000 Net Premiums Earned ............ 1,729,476,000 Net Claims & Adj Exp ................ 820,366,000 Commissions ............................. 398,979,000 Taxes ........................................... 88,116,000 General Expenses ......................... 6,618,000 Undrwtg. Profit/Loss .................. 415,397,000 Investment Income ...................... 56,959,000
Underwriting Result 2009: +$415,397,000 2006: +$921,570,000 94
Net Premiums Earned $
Philip H. Cook, Chief Agent 36 King St. E., Suite 500 Toronto ON M5C 1E5 416-361-1728 Fax 416-361-6113 Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
— — — 3,000 3,000 –2,000 —————1,000 –23,000 –145,000 –133,000 –511,000
— — — 3,000 3,000 –2,000 —————1,000 –23,000 –145,000 26,000 –553,000
2009 Direct Premiums Written: +$1,000 % Growth Rate (NPW) ..........................–4.95 % of Market (NPW) .............................0.09 Earned Loss Ratio.............................16.52 Total Expense Ratio ..........................70.96 Combined Loss & Exp. Ratio ............87.48 Return on Equity ...............................12.20
+$10,347,000 +$3,370,000
2009 Underwriting Performance Summary
Net Premiums Written $
Growth: +5.29%
% Growth Rate (NPW) ............................6.06 % of Market (NPW) .............................4.71 Earned Loss Ratio.............................47.43 Total Expense Ratio ..........................28.55 Combined Loss & Exp. Ratio ............75.98 Return on Equity ...............................32.24
2008: +$369,804,000 2005: –$137,932,000
Net Claims and Adjusting Expenses $
LUMBERMENS MUTUAL D-C CASUALTY COMPANY
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 Prop. - Personal................. Prop. - Total ....................... Accident & Sickness .......... Credit Protection ................
Class
2007: +$569,401,000
Underwriting Result 2009: +$442,000 2006: –$6,652,000
2008: 2005:
B-US
–372,000 — –372,000 — 2,000 — –26,000 –866.67 –26,000 –866.67 –254,000 12,700.00 ————————–650,000 –65,000.00 –609,000 2,647.83 201,000 –138.62 6,159,000 23,688.46 –3,274,000 592.04
Growth: –101.56%
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written .......................... 1,000 Net Premiums Earned .......................... 1,000 Net Claims & Adj Exp ..................... –650,000 Commissions ........................................ 1,000 Taxes ..........................................................— General Expenses ............................ 208,000 Undrwtg. Profit/Loss ......................... 442,000 Investment Income ............................. 58,000
Earned Loss Ratio %
% Growth Rate (NPW) ......................–104.35 % of Market (NPW) ................................ — Earned Loss Ratio....................–65,000.00 Total Expense Ratio ...................20,900.00 Combined Loss & Exp. Ratio ...–44,100.00 Return on Equity .................................9.43
+$346,000 +$1,744,000
2007:
–$608,000
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LUMBERMEN’S UNDERWRITING ALLIANCE
D-US
300, 455 Fenelon Dorval QC H9S 5T8 514-531-2710 Fax 514-631-9788 www.lumbermensunderwriting.com cro@ins-lua.com
Prop. - Commercial............ Prop. - Total ....................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
22,735,000 22,735,000 —————22,735,000 34,232,000 43,235,000 34,123,000 44,827,000
24,099,000 24,099,000 —————24,099,000 30,397,000 35,883,000 42,335,000 46,143,000
2009 Direct Premiums Written: +$44,903,000 2009 Underwriting Performance Summary
Reinsurance Assumed ....................... 14,000 Reinsurance Ceded ..................... 22,182,000 Net Premiums Written ................. 22,735,000 Net Premiums Earned ................. 24,099,000 Net Claims & Adj Exp .................. 29,541,000 Commissions .................................. –537,000 Taxes ............................................. 2,429,000 General Expenses ....................... 18,347,000 Undrwtg. Profit/Loss .................. –25,967,000 Investment Income ........................ 1,334,000
Underwriting Result 2009: –$25,967,000 2006: –$5,978,000
2008: 2005:
29,541,000 29,541,000 —————29,541,000 15,902,000 29,628,000 28,417,000 3,683,000
122.58 122.58 ———122.58 52.31 82.57 67.12 7.98
Growth: –12.75%
% Growth Rate (NPW) ........................–33.59 % of Market (NPW) .............................0.06 Earned Loss Ratio...........................122.58 Total Expense Ratio ..........................83.98 Combined Loss & Exp. Ratio ..........206.56 Return on Equity .............................–69.67
–$1,518,000 +$23,936,000
2007:
–$11,267,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
MENNONITE MUTUAL FIRE INSURANCE COMPANY
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
5,180,000 5,180,000 144,000 144,000 277,000 —————5,601,000 5,488,000 4,922,000 4,734,000 4,577,000
5,006,000 5,006,000 146,000 146,000 289,000 —————5,441,000 5,201,000 4,728,000 4,719,000 4,388,000
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 6,724,000 Net Premiums Written ................... 5,601,000 Net Premiums Earned ................... 5,441,000 Net Claims & Adj Exp .................... 2,209,000 Commissions ...................................... 68,000 Taxes ..........................................................— General Expenses ......................... 1,742,000 Undrwtg. Profit/Loss ...................... 1,499,000 Investment Income ........................... 270,000
1,939,000 1,939,000 57,000 57,000 213,000 —————2,209,000 3,038,000 2,940,000 2,795,000 2,843,000
2008: 2005:
38.73 38.73 39.04 39.04 73.70 ———40.60 58.41 62.18 59.23 64.79
Growth: +5.22%
% Growth Rate (NPW) ............................2.06 % of Market (NPW) .............................0.02 Earned Loss Ratio.............................40.60 Total Expense Ratio ..........................33.27 Combined Loss & Exp. Ratio ............73.87 Return on Equity ...............................39.00
+$365,000 –$845,000
2007:
–$437,000
MITSUI SUMITOMO INSURANCE COMPANY, LIMITED
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Earned Loss Ratio %
D-US
132,000 6,629,000 6,761,000 7,053,000 3,565,000 20,000 19,000 3,604,000 330,000 126,000 3,746,000 610,000 —————22,230,000 24,974,000 25,625,000 26,073,000 24,733,000
143,000 7,407,000 7,550,000 7,834,000 3,712,000 26,000 25,000 3,763,000 325,000 137,000 3,775,000 696,000 —————24,080,000 26,159,000 25,504,000 24,863,000 22,386,000
2009 Underwriting Performance Summary
Reinsurance Assumed ..................... 320,000 Reinsurance Ceded ....................... 1,445,000 Net Premiums Written ................. 22,230,000 Net Premiums Earned ................. 24,080,000 Net Claims & Adj Exp .................... 5,944,000 Commissions ................................. 2,723,000 Taxes ................................................ 863,000 General Expenses ......................... 3,379,000 Undrwtg. Profit/Loss .................... 11,171,000 Investment Income ........................ 3,077,000
2008: 2005:
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
9,947,000 — 9,947,000 19,033,000 18,004,000 18,368,000 55,405,000 64,024,000 —————129,376,000 209,219,000 198,807,000 211,107,000 204,220,000
11,394,000 — 11,394,000 19,260,000 16,027,000 18,974,000 54,261,000 118,127,000 —————183,782,000 209,054,000 208,699,000 220,849,000 226,382,000
2009 Direct Premiums Written: +$172,265,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 42,889,000 Net Premiums Written ............... 129,376,000 Net Premiums Earned ............... 183,782,000 Net Claims & Adj Exp ................ 107,688,000 Commissions ............................... 13,077,000 Taxes ............................................. 6,281,000 General Expenses ....................... 11,301,000 Undrwtg. Profit/Loss .................... 45,877,000 Investment Income ...................... 35,278,000
Underwriting Result 2009: +$45,877,000 2006: +$27,100,000
2008: 2005:
3,508,000 14,000 3,522,000 2,008,000 14,843,000 11,744,000 28,595,000 75,571,000 —————107,688,000 136,478,000 136,181,000 167,607,000 173,743,000
13,000 1,247,000 1,260,000 2,091,000 3,346,000 39,000 16,000 3,401,000 1,000 –38,000 –856,000 85,000 —————5,944,000 19,523,000 18,992,000 13,034,000 14,187,000
9.09 16.84 16.69 26.69 90.14 150.00 64.00 90.38 0.31 –27.74 –22.68 12.21 ———24.68 74.63 74.47 52.42 63.37
Growth: –11.38%
% Growth Rate (NPW) ........................–10.99 % of Market (NPW) .............................0.06 Earned Loss Ratio.............................24.68 Total Expense Ratio ..........................28.92 Combined Loss & Exp. Ratio ............53.60 Return on Equity ...............................24.15
–$475,000 +$1,449,000
2007:
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
30.79 — 30.91 10.43 92.61 61.90 52.70 63.97 ———58.60 65.28 65.25 75.89 76.75
Growth: –17.39%
% Growth Rate (NPW) ........................–38.16 % of Market (NPW) .............................0.35 Earned Loss Ratio.............................58.60 Total Expense Ratio ..........................16.68 Combined Loss & Exp. Ratio ............75.28 Return on Equity ...............................21.64
+$38,321,000 +$25,594,000
2007:
+$41,407,000
THE MUTUAL FIRE INSURANCE COMPANY OF BRITISH COLUMBIA
2009 Direct Premiums Written: +$23,355,000
Underwriting Result 2009: +$11,171,000 2006: +$3,887,000
Net Claims and Adjusting Expenses $
B-F
Ellen J. Moore, Chief Agent For Canada One Financial Place, 1 Adelaide St. E. Toronto ON M5C 2V9 416-863-0550 Fax 416-863-3144 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Marine................................
Net Premiums Earned $
C.W. Hastings, Director Canadian Operations Chief Agent In Canada 8500 Leslie St., Suite 400 Thornhill ON L3T 7M8 905-882-3900 Fax 905-882-3955
2009 Direct Premiums Written: +$12,325,000
Underwriting Result 2009: +$1,499,000 2006: –$290,000
Net Premiums Written $
MOTORS INSURANCE B-C CORPORATION
Earl W. Harder, General Manager Box 190 Waldheim SK S0K 4R0 306-945-2239 Fax 306-945-4666 www.mmfi.com harderew@mmfi.com Prop. - Personal................. Prop. - Total ....................... Auto. - Other ...................... Auto. - Total ....................... Liability...............................
Class
–$1,475,000
B-C
J. Bredenhof, President Darin Nessel, CEO 201-9366-200A Street Langley BC V1M 4B3 604-881-1250 Fax 604-881-1440 www.mutualfirebc.com dlnessel@mutualfirebc.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
14,881,000 2,658,000 17,539,000 1,519,000 —————19,058,000 15,163,000 12,152,000 8,416,000 7,523,000
13,542,000 2,112,000 15,654,000 1,318,000 —————16,972,000 13,004,000 10,313,000 7,843,000 7,113,000
2009 Direct Premiums Written: +$26,453,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 7,395,000 Net Premiums Written ................. 19,058,000 Net Premiums Earned ................. 16,972,000 Net Claims & Adj Exp .................. 10,397,000 Commissions ................................. 3,911,000 Taxes .................................................. 18,000 General Expenses ......................... 2,433,000 Undrwtg. Profit/Loss ......................... 246,000 Investment Income ........................... 910,000
Underwriting Result 2009: +$246,000 2006: +$2,432,000
2008: 2005:
8,911,000 773,000 9,684,000 713,000 —————10,397,000 5,485,000 5,222,000 3,311,000 2,438,000
65.80 36.60 61.86 54.10 ———61.26 42.18 50.64 42.22 34.28
Growth: +13.44%
% Growth Rate (NPW) ..........................25.69 % of Market (NPW) .............................0.05 Earned Loss Ratio.............................61.26 Total Expense Ratio ..........................37.49 Combined Loss & Exp. Ratio ............98.75 Return on Equity .................................4.32
+$2,882,000 +$2,918,000
2007:
+$551,000
95
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
NORTHBRIDGE FINANCIAL CORPORATION
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
51,198,000 263,608,000 314,806,000 256,325,000 72,714,000 159,184,000 488,223,000 2,990,000 2,584,000 200,931,000 7,179,000 25,463,000 —————1,042,176,000 1,084,986,000 1,047,814,000 1,077,579,000 1,101,099,000
49,700,000 285,968,000 335,668,000 260,483,000 74,627,000 163,749,000 498,859,000 3,232,000 2,798,000 217,396,000 7,447,000 25,612,000 —————1,091,012,000 1,077,987,000 1,055,824,000 1,077,622,000 1,078,719,000
B-C
38,162,000 138,274,000 176,436,000 155,361,000 92,872,000 100,105,000 348,338,000 272,000 –5,000 202,107,000 268,000 15,531,000 —————742,947,000 860,719,000 686,072,000 642,947,000 653,562,000
2009 Direct Premiums Written: +$1,286,914,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 8,949,000 Reinsurance Ceded ................... 351,655,000 Net Premiums Written ............ 1,042,176,000 Net Premiums Earned ............ 1,091,012,000 Net Claims & Adj Exp ................ 742,947,000 Commissions ............................. 125,885,000 Taxes ........................................... 43,606,000 General Expenses ..................... 154,219,000 Undrwtg. Profit/Loss .................. –34,109,000 Investment Income .................... 193,227,000
Underwriting Result 2009: –$34,109,000 2006: +$136,865,000
2008:
Growth: –7.67%
2007:
+$66,048,000
COMMONWEALTH INSURANCE COMPANY Tim Ius, President 595 Burrard St Suite 1500, Bentall III Vancouver BC V7X 1G4 604-683-5511 Fax 604-683-8968 www.commonw.com Prop. - Commercial............ Prop. - Total ....................... Liability............................... Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
75,383,000 75,383,000 28,951,000 –271,000 —————104,063,000 73,456,000 56,639,000 65,886,000 69,765,000
90,647,000 90,647,000 33,227,000 –47,000 —————123,827,000 62,934,000 67,051,000 64,184,000 60,603,000
2009 Direct Premiums Written: +$91,210,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 6,345,000 Reinsurance Ceded ..................... 91,460,000 Net Premiums Written ............... 104,063,000 Net Premiums Earned ............... 123,827,000 Net Claims & Adj Exp .................. 38,321,000 Commissions ................................. 1,991,000 Taxes ............................................. 3,742,000 General Expenses ....................... 14,529,000 Undrwtg. Profit/Loss ...................... 3,522,000 Investment Income ...................... 10,104,000
Underwriting Result 2009: +$3,522,000 2006: +$35,998,000 96
2008: 2005:
76.78 48.35 52.56 59.64 124.45 61.13 69.83 8.42 –0.18 92.97 3.60 60.64 ———68.10 79.85 64.98 59.66 60.59
% Growth Rate (NPW) ..........................–3.95 % of Market (NPW) .............................2.84 Earned Loss Ratio.............................68.10 Total Expense Ratio ..........................29.67 Combined Loss & Exp. Ratio ............97.77 Return on Equity ...............................11.60
–$81,933,000
B-C
33,022,000 33,022,000 12,893,000 –7,594,000 —————38,321,000 75,561,000 40,560,000 18,043,000 15,801,000
36.43 36.43 38.80 16,157.45 ———30.95 120.06 60.49 28.11 26.07
Growth: –14.38%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................30.95 Total Expense Ratio ..........................16.36 Combined Loss & Exp. Ratio ............47.31 Return on Equity ...............................11.42
–$21,344,000 +$39,398,000
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
LOMBARD CANADA GROUP
LOMBARD CANADA GROUP MARKEL INSURANCE COMPANY OF CANADA COMMONWEALTH INSURANCE COMPANY FEDERATED INSURANCE COMPANY OF CANADA Northbridge group financial data in this publication reflects an aggregation of subsidiary financial data prepared on a statutory reporting basis. Mark Ram, President & C.E.O. 105 Adelaide St W Suite 700 Toronto ON M5H 1P9 416-350-4300 Fax 416-350-4307 www.norfin.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Marine................................
Class
2007:
+$13,029,000
B-C
LOMBARD INSURANCE COMPANY LOMBARD GENERAL INSURANCE COMPANY OF CANADA ZENITH INSURANCE COMPANY Fabian Richenberger, President 105 Adelaide St. W. Toronto ON M5H 1P9 416-350-4400 Fax 416-350-4412 www.lombard.ca Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
47,470,000 138,234,000 185,704,000 134,325,000 63,228,000 81,182,000 278,735,000 2,623,000 2,412,000 139,394,000 7,007,000 25,734,000 —————641,609,000 731,884,000 708,476,000 699,685,000 691,622,000
46,004,000 146,268,000 192,272,000 143,518,000 64,927,000 88,776,000 297,221,000 2,884,000 2,626,000 151,173,000 7,272,000 25,659,000 —————679,107,000 718,265,000 695,277,000 689,900,000 688,105,000
2009 Direct Premiums Written: +$878,028,000 2009 Underwriting Performance Summary
Reinsurance Assumed ..................... –85,000 Reinsurance Ceded ................... 236,334,000 Net Premiums Written ............... 641,609,000 Net Premiums Earned ............... 679,107,000 Net Claims & Adj Exp ................ 516,430,000 Commissions ............................... 98,287,000 Taxes ........................................... 30,059,000 General Expenses ....................... 83,597,000 Undrwtg. Profit/Loss .................. –41,516,000 Investment Income .................... 133,308,000
Underwriting Result 2009: –$41,516,000 2006: +$65,806,000
2008: 2005:
34,081,000 76,272,000 110,353,000 100,090,000 70,853,000 47,679,000 218,622,000 115,000 –202,000 164,219,000 198,000 23,125,000 —————516,430,000 549,183,000 450,673,000 418,599,000 426,968,000
74.08 52.15 57.39 69.74 109.13 53.71 73.56 3.99 –7.69 108.63 2.72 90.12 ———76.05 76.46 64.82 60.68 62.05
Growth: –10.85%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................76.05 Total Expense Ratio ..........................31.21 Combined Loss & Exp. Ratio ..........107.26 Return on Equity ...............................10.37
–$39,983,000 +$70,647,000
2007:
+$39,756,000
MARKEL INSURANCE COMPANY OF CANADA
B-C
Silvy Wright, President & C.E.O. 55 University Ave. Suite 1500 Toronto ON M5J 2H7 416-364-7800 Fax 416-364-1625 www.markel.ca Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
15,633,000 15,633,000 100,428,000 6,033,000 56,279,000 162,740,000 2,297,000 — —————180,670,000 171,088,000 179,696,000 208,555,000 240,445,000
15,024,000 15,024,000 94,953,000 5,998,000 53,621,000 154,572,000 2,175,000 — —————171,771,000 188,251,000 189,667,000 218,421,000 244,078,000
16,462,000 16,462,000 47,006,000 21,383,000 39,736,000 108,125,000 –61,000 –1,000 —————124,525,000 160,472,000 128,997,000 147,927,000 160,368,000
2009 Direct Premiums Written: +$189,064,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 2,689,000 Reinsurance Ceded ..................... 11,083,000 Net Premiums Written ............... 180,670,000 Net Premiums Earned ............... 171,771,000 Net Claims & Adj Exp ................ 124,525,000 Commissions ............................... 17,546,000 Taxes ............................................. 5,543,000 General Expenses ....................... 27,607,000 Undrwtg. Profit/Loss .................... –3,450,000 Investment Income ...................... 26,338,000
Underwriting Result 2009: –$3,450,000 2006: +$19,205,000
2008: 2005:
109.57 109.57 49.50 356.50 74.11 69.95 –2.80 — ———72.49 85.24 68.01 67.73 65.70
Growth: +5.58%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................72.49 Total Expense Ratio ..........................29.51 Combined Loss & Exp. Ratio ..........102.00 Return on Equity .................................8.36
–$24,025,000 +$28,668,000
2007:
+$9,184,000
Northbridge group continues on page 98
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
Northbridge group continued from page 96
FEDERATED INSURANCE COMPANY OF CANADA
D-C
John Paisley, President 717 Portage Ave., P.O. Box 5800 Winnipeg MB R3C 3C9 204-786-6431 Fax 204-784-6755 www.federated.ca Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
3,728,000 34,358,000 38,086,000 21,572,000 3,453,000 21,723,000 46,748,000 367,000 172,000 30,289,000 172,000 —————115,834,000 116,117,000 103,003,000 103,453,000 99,267,000
3,696,000 34,029,000 37,725,000 22,012,000 3,702,000 21,352,000 47,066,000 348,000 172,000 30,821,000 175,000 —————116,307,000 116,703,000 103,829,000 105,117,000 85,933,000
4,081,000 12,518,000 16,599,000 8,265,000 636,000 12,690,000 21,591,000 157,000 197,000 25,056,000 71,000 —————63,671,000 74,883,000 65,842,000 58,378,000 50,425,000
2009 Direct Premiums Written: +$128,612,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 12,778,000 Net Premiums Written ............... 115,834,000 Net Premiums Earned ............... 116,307,000 Net Claims & Adj Exp .................. 63,671,000 Commissions ................................. 8,061,000 Taxes ............................................. 4,262,000 General Expenses ....................... 28,486,000 Undrwtg. Profit/Loss .................... 12,294,000 Investment Income ...................... 23,477,000
Underwriting Result 2009: +$12,294,000 2006: +$16,356,000
2008: 2005:
110.42 36.79 44.00 37.55 17.18 59.43 45.87 45.11 114.53 81.30 40.57 ———54.74 64.17 63.41 55.54 58.68
Growth: –0.42%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................54.74 Total Expense Ratio ..........................35.09 Combined Loss & Exp. Ratio ............89.83 Return on Equity ...............................24.43
+$3,419,000 +$8,612,000
2007:
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
78,319,000 78,319,000 14,605,000 26,982,000 83,000 —————119,989,000 45,060,000 42,041,000 56,020,000 29,726,000
2009 Direct Premiums Written: +$18,060,000 2009 Underwriting Performance Summary
Reinsurance Assumed .............. 143,945,000 Reinsurance Ceded ..................... 25,737,000 Net Premiums Written ............... 136,268,000 Net Premiums Earned ............... 119,989,000 Net Claims & Adj Exp .................. 51,774,000 Commissions ............................... 25,098,000 Taxes ................................................ 605,000 General Expenses ............................ 923,000 Undrwtg. Profit/Loss .................... 41,589,000 Investment Income ........................ 7,166,000
Underwriting Result 2009: +$41,589,000 2006: +$28,777,000 98
2008: 2005:
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
B-C
Carlos A Rodrigues, President & C.E.O. 100 Erb St. E. Waterloo ON N2J 1L9 519-886-4530 Fax 519-746-0222 www.nwfm.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Hail .................................... Liability............................... Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
19,303,000 9,512,000 28,815,000 7,386,000 6,728,000 8,163,000 22,277,000 76,000 3,357,000 1,000 —————54,526,000 49,382,000 43,189,000 32,418,000 28,844,000
19,292,000 9,139,000 28,431,000 8,229,000 5,973,000 6,316,000 20,518,000 48,000 3,340,000 2,000 —————52,339,000 46,261,000 38,993,000 30,581,000 28,170,000
6,176,000 8,005,000 14,181,000 3,128,000 6,297,000 5,102,000 14,527,000 — 2,242,000 — —————30,950,000 34,020,000 24,580,000 18,741,000 15,607,000
2009 Direct Premiums Written: +$62,417,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 7,891,000 Net Premiums Written ................. 54,526,000 Net Premiums Earned ................. 52,339,000 Net Claims & Adj Exp .................. 30,950,000 Commissions ............................... 11,161,000 Taxes ............................................. 1,701,000 General Expenses ......................... 7,482,000 Undrwtg. Profit/Loss ...................... 1,845,000 Investment Income ........................ 2,086,000
2008: 2005:
D-US
42,531,000 42,531,000 –6,261,000 15,369,000 135,000 —————51,774,000 30,605,000 23,886,000 21,819,000 4,952,000
54.30 54.30 –42.87 56.96 162.65 ———43.15 67.92 56.82 38.95 16.66
Growth: –48.25%
2007:
32.01 87.59 49.88 38.01 105.42 80.78 70.80 — 67.13 — ———59.13 73.54 63.04 61.28 55.40
Growth: +7.13%
% Growth Rate (NPW) ..........................10.42 % of Market (NPW) .............................0.15 Earned Loss Ratio.............................59.13 Total Expense Ratio ..........................38.87 Combined Loss & Exp. Ratio ............98.00 Return on Equity ...............................10.50
–$5,478,000 +$340,000
2007:
–$743,000
OLD REPUBLIC INSURANCE COMPANY OF CANADA
% Growth Rate (NPW) ........................218.29 % of Market (NPW) .............................0.37 Earned Loss Ratio.............................43.15 Total Expense Ratio ..........................22.19 Combined Loss & Exp. Ratio ............65.34 Return on Equity ...............................25.15
+$10,056,000 +$19,728,000
Net Premiums Earned $
+$4,079,000
V Lorraine Williams, Chief Agent for Canada c/o D M Williams & Associates Ltd. 3650 Victoria Park Avenue, Suite 201 Toronto ON M2H 3P7 416-496-1148 Fax 416-496-1089 97,252,000 97,252,000 6,651,000 32,314,000 51,000 —————136,268,000 42,813,000 41,262,000 43,451,000 41,968,000
Net Premiums Written $
NORTH WATERLOO FARMERS MUTUAL INSURANCE COMPANY
Underwriting Result 2009: +$1,845,000 2006: –$1,045,000
NATIONAL LIABILITY & FIRE INSURANCE COMPANY
Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Liability............................... Marine................................
Class
+$12,233,000
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 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
249,000 2,990,000 3,239,000 28,000 19,127,000 2,477,000 7,521,000 29,125,000 3,039,000 —————35,431,000 31,096,000 36,773,000 40,409,000 46,370,000
278,000 2,624,000 2,902,000 29,000 16,983,000 2,188,000 6,959,000 26,130,000 2,967,000 —————32,028,000 32,251,000 38,237,000 43,801,000 44,965,000
2009 Direct Premiums Written: +$46,200,000 2009 Underwriting Performance Summary
Reinsurance Assumed ......................... 6,000 Reinsurance Ceded ..................... 10,775,000 Net Premiums Written ................. 35,431,000 Net Premiums Earned ................. 32,028,000 Net Claims & Adj Exp .................. 18,283,000 Commissions ................................. 5,984,000 Taxes ............................................. 1,629,000 General Expenses ......................... 3,448,000 Undrwtg. Profit/Loss ...................... 2,644,000 Investment Income ........................ 4,057,000
Underwriting Result 2009: +$2,644,000 2006: +$4,257,000
2008: 2005:
213,000 2,414,000 2,627,000 6,000 9,573,000 1,269,000 4,801,000 15,643,000 7,000 —————18,283,000 21,153,000 22,163,000 25,810,000 24,367,000
76.62 92.00 90.52 20.69 56.37 58.00 68.99 59.87 0.24 ———57.08 65.59 57.96 58.93 54.19
Growth: +10.51%
% Growth Rate (NPW) ..........................13.94 % of Market (NPW) .............................0.10 Earned Loss Ratio.............................57.08 Total Expense Ratio ..........................34.54 Combined Loss & Exp. Ratio ............91.62 Return on Equity .................................9.10
–$967,000 +$7,053,000
2007:
+$3,360,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
OMEGA GENERAL INSURANCE COMPANY
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
76,000 248,000 324,000 — — 1,669,000 —————1,993,000 2,269,000 575,000 1,666,000 704,000
59,000 299,000 358,000 — — 1,166,000 —————1,524,000 1,697,000 747,000 1,482,000 513,000
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 2,057,000 Net Premiums Written ................... 1,993,000 Net Premiums Earned ................... 1,524,000 Net Claims & Adj Exp ....................... 711,000 Commissions .................................... 636,000 Taxes ................................................ 134,000 General Expenses ......................... 1,024,000 Undrwtg. Profit/Loss ....................... –981,000 Investment Income ........................... 423,000
23,000 –66,000 –43,000 –5,000 –5,000 759,000 —————711,000 535,000 204,000 441,000 286,000
2008: 2005:
38.98 –22.07 –12.01 — — 65.09 ———46.65 31.53 27.31 29.76 55.75
Growth: +20.04%
% Growth Rate (NPW) ........................–12.16 % of Market (NPW) .............................0.01 Earned Loss Ratio.............................46.65 Total Expense Ratio ........................117.72 Combined Loss & Exp. Ratio ..........164.37 Return on Equity ...............................–7.48
–$963,000 –$1,536,000
2007:
–$2,188,000
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
B-C
198,808,000 25,970,000 224,778,000 65,769,000 44,375,000 46,253,000 156,397,000 –3,000 10,000 128,000 30,277,000 229,000 —————411,816,000 392,418,000 377,706,000 372,357,000 358,510,000
127,356,000 6,753,000 134,109,000 45,444,000 31,506,000 29,804,000 106,754,000 — — 23,000 18,206,000 215,000 —————259,307,000 294,673,000 232,210,000 228,318,000 215,285,000
2009 Direct Premiums Written: +$536,971,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 1,545,000 Reinsurance Ceded ................... 105,896,000 Net Premiums Written ............... 432,620,000 Net Premiums Earned ............... 411,816,000 Net Claims & Adj Exp ................ 259,307,000 Commissions ............................... 79,436,000 Taxes ............................................. 1,174,000 General Expenses ....................... 76,503,000 Undrwtg. Profit/Loss .................... –2,105,000 Investment Income ...................... 47,408,000
Underwriting Result 2009: –$2,105,000 2006: +$14,334,000
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
D-C
2008: 2005:
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
9,984,000 9,984,000 490,000 240,000 556,000 1,286,000 90,000 920,000 20,240,000 —————32,520,000 31,065,000 31,019,000 30,051,000 26,054,000
9,984,000 9,984,000 541,000 240,000 607,000 1,388,000 90,000 920,000 20,578,000 —————32,960,000 31,885,000 31,542,000 30,487,000 26,054,000
2009 Direct Premiums Written: +$35,327,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 2,807,000 Net Premiums Written ................. 32,520,000 Net Premiums Earned ................. 32,960,000 Net Claims & Adj Exp .................. 29,168,000 Commissions ..............................................— Taxes ............................................. 1,040,000 General Expenses ......................... 1,871,000 Undrwtg. Profit/Loss ......................... 881,000 Investment Income ........................ 3,301,000
2008: 2005:
64.06 26.00 59.66 69.10 71.00 64.44 68.26 — — 17.97 60.13 93.89 ———62.97 75.09 61.48 61.32 60.05
Growth: +7.42%
% Growth Rate (NPW) ............................7.16 % of Market (NPW) .............................1.18 Earned Loss Ratio.............................62.97 Total Expense Ratio ..........................38.15 Combined Loss & Exp. Ratio ..........101.12 Return on Equity .................................4.70
2007:
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
+$7,661,000
102.23 102.23 58.60 –62.92 3.95 13.69 53.33 49.78 88.76 ———88.50 115.04 87.13 86.19 99.85
Growth: +3.06%
% Growth Rate (NPW) ............................4.68 % of Market (NPW) .............................0.09 Earned Loss Ratio.............................88.50 Total Expense Ratio ............................8.83 Combined Loss & Exp. Ratio ............97.33 Return on Equity ...............................11.41
–$7,713,000 –$2,210,000
2007:
+$1,474,000
B-C
OPTIMUM WEST INSURANCE COMPANY OPTIMUM SOCIETE D’ASSURANCE INC. OPTIMUM ASSURANCE AGRICOLE INC. Jean-Claude Page, President & Chief Executive Officer 425 de Maisonneuve Blvd. W., Suite 1500 Montreal PQ H3A 3G5 514-288-8725 Fax 514-288-0760
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
27,086,000 15,544,000 42,630,000 14,333,000 6,000,000 8,116,000 28,449,000 1,000 14,000 11,786,000 4,000 —————82,884,000 76,947,000 76,108,000 86,434,000 97,834,000
26,259,000 15,540,000 41,799,000 13,018,000 5,376,000 7,597,000 25,991,000 2,000 12,000 11,756,000 4,000 —————79,564,000 76,741,000 81,096,000 90,387,000 99,122,000
16,242,000 7,395,000 23,637,000 6,655,000 5,735,000 3,819,000 16,209,000 2,000 — 1,228,000 — —————41,076,000 39,886,000 38,568,000 45,357,000 53,069,000
2009 Direct Premiums Written: +$105,928,000 2009 Underwriting Performance Summary
–$44,401,000 +$20,916,000
10,207,000 10,207,000 317,000 –151,000 24,000 190,000 48,000 458,000 18,265,000 —————29,168,000 36,679,000 27,484,000 26,278,000 26,014,000
OPTIMUM GENERAL INC.
John Taylor, BBA,FCIP,CHRP, President Ken Jones, Chairman of the Board 350 Pinebush Rd, Box 3187 Cambridge ON N3H 4S6 519-622-9220 Fax 519-622-9227 www.ontariomutuals.com 206,467,000 26,951,000 233,418,000 71,932,000 47,644,000 47,533,000 167,109,000 –3,000 10,000 135,000 31,725,000 226,000 —————432,620,000 403,697,000 383,721,000 376,453,000 364,795,000
Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability...............................
Underwriting Result 2009: +$881,000 2006: +$1,708,000
ONTARIO MUTUAL INSURANCE ASSOCIATION
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Hail .................................... Liability............................... Accident & Sickness ..........
Net Premiums Earned $
Jim H. Sami, CEO 91 Westmount Rd. Guelph ON N1H 5J2 519-767-2182 Fax 519-767-0281
2009 Direct Premiums Written: +$4,050,000
Underwriting Result 2009: –$981,000 2006: –$1,496,000
Net Premiums Written $
ONTARIO SCHOOL BOARD’S B-C INSURANCE EXCHANGE
Philip Cook, Chief Agent 36 King St. E., Suite 500 Toronto ON M5C 1E5 www.omegageneral.com contactus@omegageneral.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Total ....................... Liability...............................
Class
Reinsurance Assumed ................ 17,868,000 Reinsurance Ceded ..................... 40,912,000 Net Premiums Written ................. 82,884,000 Net Premiums Earned ................. 79,564,000 Net Claims & Adj Exp .................. 41,076,000 Commissions ............................... 13,675,000 Taxes ............................................. 3,419,000 General Expenses ....................... 20,402,000 Undrwtg. Profit/Loss ......................... 992,000 Investment Income ........................ 5,939,000
Underwriting Result 2009: +$992,000 2006: +$3,874,000
2008: 2005:
61.85 47.59 56.55 51.12 106.68 50.27 62.36 100.00 — 10.45 — ———51.63 51.97 47.56 50.18 53.54
Growth: +7.04%
% Growth Rate (NPW) ............................7.72 % of Market (NPW) .............................0.23 Earned Loss Ratio.............................51.63 Total Expense Ratio ..........................47.13 Combined Loss & Exp. Ratio ............98.76 Return on Equity .................................9.67
–$778,000 +$2,707,000
2007:
+$2,846,000
99
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
PACIFIC COAST FISHERMEN’S MUTUAL P.E.I. MUTUAL INSURANCE COMPANY D-C Shea, General Manager MARINE INSURANCE COMPANY D-C Terrence 201 Water St. Summerside PE C1N 1B4 902-436-2185 www.peimutual.com protect@peimutual.com
3757 Canada Way Burnaby BC V5G 1G5 604-438-4240 Fax 604-438-5756 www.mutualmarine.bc.ca info@mutualmarine.bc.ca Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
6,070,000 —————6,070,000 6,266,000 5,959,000 5,753,000 5,822,000
5,986,000 —————5,986,000 6,279,000 5,949,000 5,765,000 5,781,000
574,000 —————574,000 359,000 741,000 1,459,000 1,384,000
2009 Direct Premiums Written: +$6,976,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded .......................... 906,000 Net Premiums Written ................... 6,070,000 Net Premiums Earned ................... 5,986,000 Net Claims & Adj Exp ....................... 574,000 Commissions ..............................................— Taxes ..........................................................— General Expenses ......................... 1,094,000 Undrwtg. Profit/Loss ...................... 4,328,000 Investment Income ........................... 598,000
Underwriting Result 2009: +$4,328,000 2006: +$3,390,000
2008: 2005:
9.59 ———9.59 5.72 12.46 25.31 23.94
Growth: –20.66%
% Growth Rate (NPW) ........................–26.58 % of Market (NPW) .............................0.02 Earned Loss Ratio...............................9.59 Total Expense Ratio ..........................18.28 Combined Loss & Exp. Ratio ............27.87 Return on Equity ...............................71.97
+$4,695,000 +$3,487,000
2007:
+$4,202,000
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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 Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
26,856,000 11,270,000 13,583,000 51,709,000 —————51,709,000 59,082,000 95,313,000 106,172,000 85,534,000
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded .......................... 571,000 Net Premiums Written ................. 54,897,000 Net Premiums Earned ................. 51,709,000 Net Claims & Adj Exp .................. 20,973,000 Commissions ................................. 6,976,000 Taxes ............................................. 1,575,000 General Expenses ......................... 9,463,000 Undrwtg. Profit/Loss .................... 14,238,000 Investment Income ........................ 9,134,000
100
5,886,000 5,730,000 11,616,000 1,040,000 —————12,656,000 11,728,000 11,186,000 10,872,000 10,040,000
4,517,000 2,126,000 6,643,000 807,000 —————7,450,000 8,670,000 7,256,000 5,741,000 5,563,000
2009 Direct Premiums Written: +$14,726,000 2009 Underwriting Performance Summary
Reinsurance Assumed ....................... 11,000 Reinsurance Ceded ....................... 1,517,000 Net Premiums Written ................. 13,220,000 Net Premiums Earned ................. 12,656,000 Net Claims & Adj Exp .................... 7,450,000 Commissions ................................. 1,728,000 Taxes ................................................ 158,000 General Expenses ......................... 2,695,000 Undrwtg. Profit/Loss ......................... 625,000 Investment Income ........................ 2,301,000
Underwriting Result 2009: +$625,000 2006: +$1,146,000
2008: 2005:
3,301,000 11,693,000 5,979,000 20,973,000 —————20,973,000 29,108,000 56,992,000 85,222,000 52,034,000
12.29 103.75 44.02 40.56 ———40.56 49.27 59.79 80.27 60.83
Growth: +2.27%
% Growth Rate (NPW) ............................2.74 % of Market (NPW) .............................0.15 Earned Loss Ratio.............................40.56 Total Expense Ratio ..........................34.84 Combined Loss & Exp. Ratio ............75.40 Return on Equity ...............................19.48
+$11,067,000 +$7,808,000
2007:
+$11,230,000
76.74 37.10 57.19 77.60 ———58.87 73.93 64.87 52.81 55.41
Growth: +6.60%
% Growth Rate (NPW) ............................8.90 % of Market (NPW) .............................0.04 Earned Loss Ratio.............................58.87 Total Expense Ratio ..........................36.20 Combined Loss & Exp. Ratio ............95.07 Return on Equity .................................4.57
–$1,316,000 +$553,000
2007:
–$368,000
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 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
38,809,000 18,281,000 57,090,000 28,209,000 2,303,000 24,115,000 54,627,000 —————111,717,000 111,297,000 88,245,000 73,838,000 69,944,000
37,690,000 17,831,000 55,521,000 28,383,000 2,401,000 23,694,000 54,478,000 —————109,999,000 101,261,000 84,536,000 70,488,000 68,974,000
2009 Underwriting Performance Summary
29,048,000 12,167,000 13,682,000 54,897,000 —————54,897,000 53,432,000 79,875,000 115,374,000 100,414,000
2008: 2005:
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
6,176,000 5,820,000 11,996,000 1,224,000 —————13,220,000 12,140,000 11,585,000 10,884,000 10,715,000
27,143,000 9,707,000 36,850,000 14,528,000 1,418,000 13,425,000 29,371,000 —————66,221,000 67,081,000 50,314,000 41,084,000 43,932,000
2009 Direct Premiums Written: +$156,803,000
2009 Direct Premiums Written: +$55,468,000
Underwriting Result 2009: +$14,238,000 2006: –$9,757,000
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Liability...............................
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 45,806,000 Net Premiums Written ............... 111,717,000 Net Premiums Earned ............... 109,999,000 Net Claims & Adj Exp .................. 66,221,000 Commissions ............................... 19,611,000 Taxes ............................................. 5,103,000 General Expenses ....................... 18,401,000 Undrwtg. Profit/Loss ...................... 2,627,000 Investment Income ........................ 2,017,000
Underwriting Result 2009: +$2,627,000 2006: +$4,121,000
2008: 2005:
72.02 54.44 66.37 51.19 59.06 56.66 53.91 ———60.20 66.25 59.52 58.29 63.69
Growth: +6.54%
% Growth Rate (NPW) ............................0.38 % of Market (NPW) .............................0.30 Earned Loss Ratio.............................60.20 Total Expense Ratio ..........................39.20 Combined Loss & Exp. Ratio ............99.40 Return on Equity .................................6.95
–$3,014,000 +$2,091,000
2007:
+$2,832,000
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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
PEARL ASSURANCE PLC
B-UK
Philip Cook, Chief Agent 500 - 36 King St. E. Toronto ON M5C 1E5 416-361-1728 Fax 416-361-6113 Liability............................... Total 2009.......................... Total 2008.......................... Total 2006..........................
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
POOL INSURANCE COMPANY
Earned Loss Ratio %
B-C
L.J. Cooper, Chief Operating Officer 220 Portage Ave., Suite 1301 Winnipeg MB R3C 0A5 204-942-0658 Fax 204-989-2235 www.canpool.com — —————— — —
— —————— — —
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................................— Net Premiums Earned ................................— Net Claims & Adj Exp ........................... 3,000 Commissions ..............................................— Taxes ..........................................................— General Expenses .............................. 60,000 Undrwtg. Profit/Loss ......................... –63,000 Investment Income ............................... 9,000
Underwriting Result 2009: –$63,000 2006: –$195,000
Class
2008: 2005:
3,000 —————3,000 18,000 140,000
— ———— — —
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.................................. — Total Expense Ratio ............................... — Combined Loss & Exp. Ratio ................. — Return on Equity .................................3.91
–$78,000 –$48,000
2007:
–$61,000
Prop. - Commercial............ Prop. - Total ....................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
1,843,000 1,843,000 —————1,843,000 2,814,000 2,334,000 1,997,000 2,376,000
2,180,000 2,180,000 —————2,180,000 2,732,000 2,354,000 1,994,000 2,119,000
98,000 98,000 —————98,000 373,000 — 2,000 –231,000
2009 Direct Premiums Written: +$8,151,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 9,266,000 Net Premiums Written ................... 1,843,000 Net Premiums Earned ................... 2,180,000 Net Claims & Adj Exp ......................... 98,000 Commissions .................................... 370,000 Taxes ................................................ 278,000 General Expenses ............................ 218,000 Undrwtg. Profit/Loss ......................... –93,000 Investment Income ............................. 94,000
Underwriting Result 2009: –$93,000 2006: –$112,000
2008: 2005:
4.50 4.50 ———4.50 13.65 — 0.10 –10.90
Growth: –5.88%
% Growth Rate (NPW) ........................–34.51 % of Market (NPW) .............................0.01 Earned Loss Ratio...............................4.50 Total Expense Ratio ..........................39.72 Combined Loss & Exp. Ratio ............44.22 Return on Equity .................................0.06
–$131,000 –$96,000
2007:
–$119,000
PEMBRIDGE INSURANCE COMPANY B-C THE PORTAGE LA PRAIRIE MUTUAL J.R.(Bob) Tisdale, President & C.O.O. INSURANCE COMPANY B-C 27 Allstate Parkway R. L. Clark, President and CEO PO Box 340 Portage La Prairie MB R1N 3B8 204-857-3415 Fax 204-239-6655 www.portagemutual.com
Suite 100 Markham ON L3R 5P8 905-477-6900 Fax 905-475-4991 www.pembridge.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
26,639,000 –263,000 26,376,000 36,314,000 23,340,000 23,524,000 83,178,000 –187,000 — —————109,367,000 114,669,000 96,585,000 83,626,000 76,516,000
25,689,000 –283,000 25,406,000 37,361,000 23,613,000 23,754,000 84,728,000 –187,000 — —————109,947,000 106,105,000 91,638,000 78,607,000 91,158,000
23,124,000 –6,000 23,118,000 25,074,000 16,653,000 15,144,000 56,871,000 –1,064,000 –73,000 —————78,852,000 83,811,000 63,828,000 38,304,000 17,509,000
2009 Direct Premiums Written: +$113,902,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 4,535,000 Net Premiums Written ............... 109,367,000 Net Premiums Earned ............... 109,947,000 Net Claims & Adj Exp .................. 78,852,000 Commissions ............................... 16,285,000 Taxes ............................................. 3,745,000 General Expenses ....................... 17,219,000 Undrwtg. Profit/Loss .................... –3,500,000 Investment Income ...................... 20,011,000
Underwriting Result 2009: –$3,500,000 2006: +$10,498,000
2008: 2005:
90.02 2.12 90.99 67.11 70.52 63.75 67.12 568.98 — ———71.72 78.99 69.65 48.73 19.21
Growth: –1.71%
% Growth Rate (NPW) ..........................–4.62 % of Market (NPW) .............................0.30 Earned Loss Ratio.............................71.72 Total Expense Ratio ..........................33.88 Combined Loss & Exp. Ratio ..........105.60 Return on Equity .................................8.53
–$12,461,000 +$42,994,000
2007:
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
–$4,356,000
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
59,411,000 6,594,000 66,005,000 36,401,000 12,698,000 28,131,000 77,230,000 6,094,000 —————149,329,000 134,369,000 121,810,000 117,332,000 114,615,000
55,843,000 6,295,000 62,138,000 34,239,000 11,696,000 26,560,000 72,495,000 5,706,000 —————140,339,000 127,791,000 118,619,000 115,189,000 109,698,000
2009 Direct Premiums Written: +$167,501,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 18,172,000 Net Premiums Written ............... 149,329,000 Net Premiums Earned ............... 140,339,000 Net Claims & Adj Exp .................. 88,136,000 Commissions ............................... 26,195,000 Taxes ............................................. 6,139,000 General Expenses ....................... 19,931,000 Undrwtg. Profit/Loss ...................... 2,434,000 Investment Income ...................... 12,042,000
Underwriting Result 2009: +$2,434,000 2006: +$7,020,000
2008: 2005:
36,290,000 2,902,000 39,192,000 19,988,000 7,343,000 18,222,000 45,553,000 3,391,000 —————88,136,000 79,728,000 77,166,000 70,059,000 70,667,000
64.99 46.10 63.07 58.38 62.78 68.61 62.84 59.43 ———62.80 62.39 65.05 60.82 64.42
Growth: +10.70%
% Growth Rate (NPW) ..........................11.13 % of Market (NPW) .............................0.41 Earned Loss Ratio.............................62.80 Total Expense Ratio ..........................37.24 Combined Loss & Exp. Ratio ..........100.04 Return on Equity .................................9.26
+$5,015,000 +$2,297,000
2007:
+$6,000
101
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
RBC GENERAL INSURANCE COMPANY
Earned Loss Ratio %
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
75,404,000 155,000 75,559,000 130,700,000 85,415,000 86,294,000 302,409,000 2,053,000 4,369,000 —————384,390,000 325,767,000 350,966,000 368,299,000 364,711,000
71,891,000 155,000 72,046,000 131,004,000 82,598,000 85,517,000 299,119,000 2,053,000 5,681,000 —————378,899,000 310,425,000 331,449,000 362,465,000 356,602,000
2009 Direct Premiums Written: +$384,582,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 4,524,000 Reinsurance Ceded ....................... 4,716,000 Net Premiums Written ............... 384,390,000 Net Premiums Earned ............... 378,899,000 Net Claims & Adj Exp ................ 316,981,000 Commissions ..............................................— Taxes ........................................... 11,970,000 General Expenses ....................... 97,245,000 Undrwtg. Profit/Loss .................. –48,979,000 Investment Income ...................... 46,860,000
Underwriting Result 2009: –$48,979,000 2006: +$25,346,000
2008: 2005:
D-C
70,304,000 — 70,304,000 86,404,000 108,395,000 49,868,000 244,667,000 2,000 2,008,000 —————316,981,000 228,750,000 228,240,000 263,021,000 267,800,000
97.79 — 97.58 65.96 131.23 58.31 81.80 0.10 35.35 ———83.66 73.69 68.86 72.56 75.10
Growth: +18.16%
% Growth Rate (NPW) ..........................18.00 % of Market (NPW) .............................1.05 Earned Loss Ratio.............................83.66 Total Expense Ratio ..........................28.82 Combined Loss & Exp. Ratio ..........112.48 Return on Equity ...............................–0.43
+$9,862,000 +$26,974,000
2007:
+$30,463,000
RBC INSURANCE COMPANY OF CANADA
D-C
Catherine L Honor, President & C.E.O. 6880 Financial Dr. West Tower Mississauga ON L5N 7Y5 905-816-2400 Fax 905-813-4704 www.rbcinsurance.com Prop. - Personal................. Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
31,750,000 31,750,000 26,886,000 18,458,000 16,805,000 62,149,000 216,495,000 —————310,394,000 201,588,000 240,332,000 190,213,000 178,543,000
23,084,000 23,084,000 15,111,000 10,538,000 9,287,000 34,936,000 218,039,000 —————276,059,000 202,444,000 240,799,000 191,330,000 176,353,000
2009 Direct Premiums Written: +$297,741,000 2009 Underwriting Performance Summary
Reinsurance Assumed ................ 13,534,000 Reinsurance Ceded .......................... 881,000 Net Premiums Written ............... 310,394,000 Net Premiums Earned ............... 276,059,000 Net Claims & Adj Exp ................ 136,567,000 Commissions ............................... 77,116,000 Taxes ............................................. 6,316,000 General Expenses ....................... 54,504,000 Undrwtg. Profit/Loss ...................... 1,556,000 Investment Income ...................... 13,296,000
Underwriting Result 2009: +$1,556,000 2006: +$10,609,000 102
2008: 2005:
20,911,000 20,911,000 12,340,000 15,744,000 7,214,000 35,298,000 80,358,000 —————136,567,000 70,471,000 90,267,000 48,893,000 44,047,000
90.59 90.59 81.66 149.40 77.68 101.04 36.85 ———49.47 34.81 37.49 25.55 24.98
Growth: +50.35%
% Growth Rate (NPW) ..........................53.97 % of Market (NPW) .............................0.84 Earned Loss Ratio.............................49.47 Total Expense Ratio ..........................49.97 Combined Loss & Exp. Ratio ............99.44 Return on Equity .................................6.88
+$26,136,000 +$6,087,000
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
RED RIVER MUTUAL
Francois Boulanger, President & CEO 6880 Financial Dr West Tower Mississauga ON L5N 7Y5 905-816-5400 Fax 905-813-4790 www.rbcinsurance.com
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Accident & Sickness ..........
Class
2007:
+$20,207,000
B-C
Brian Esau, President & C.E.O. 245 Centre Ave. E. Altona MB R0G 0B0 204-324-6434 Fax 204-324-1952 www.redrivermutual.com info@redrivermutual.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
32,983,000 15,588,000 48,571,000 1,971,000 —————50,542,000 45,244,000 41,578,000 39,862,000 37,661,000
30,674,000 15,251,000 45,925,000 1,923,000 —————47,848,000 43,001,000 40,564,000 38,432,000 36,594,000
17,005,000 8,508,000 25,513,000 2,306,000 —————27,819,000 22,333,000 20,955,000 20,154,000 22,843,000
2009 Direct Premiums Written: +$56,337,000 2009 Underwriting Performance Summary
Reinsurance Assumed ....................... 55,000 Reinsurance Ceded ....................... 5,850,000 Net Premiums Written ................. 50,542,000 Net Premiums Earned ................. 47,848,000 Net Claims & Adj Exp .................. 27,819,000 Commissions ............................... 12,036,000 Taxes ............................................. 2,340,000 General Expenses ......................... 5,277,000 Undrwtg. Profit/Loss ......................... 970,000 Investment Income ........................ 2,967,000
Underwriting Result 2009: +$970,000 2006: +$3,693,000
2008: 2005:
55.44 55.79 55.55 119.92 ———58.14 51.94 51.66 52.44 62.42
Growth: +9.47%
% Growth Rate (NPW) ..........................11.71 % of Market (NPW) .............................0.14 Earned Loss Ratio.............................58.14 Total Expense Ratio ..........................41.07 Combined Loss & Exp. Ratio ............99.21 Return on Equity .................................7.05
+$3,243,000 –$153,000
2007:
+$3,872,000
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 Rowan Saunders, President & C.E.O. 10 Wellington St. E. Toronto ON M5E 1L5 416-366-7511 Fax 416-367-9869 www.rsagroup.ca Prop. - Personal................. 367,069,000 Prop. - Commercial............ 181,126,000 Prop. - Total ....................... 548,195,000 Aircraft ............................... –2,000 Auto. - Liability ................... 483,752,000 Auto. - Pers. Acc................ 192,347,000 Auto. - Other ...................... 334,592,000 Auto. - Total ....................... 1,010,691,000 Boiler & Machinery ............ 27,690,000 Credit ................................. — Fidelity ............................... 1,718,000 Liability............................... 98,087,000 Surety ................................ 125,000 Marine................................ 34,680,000 Accident & Sickness .......... 99,302,000 —————Total 2009.......................... 1,820,486,000 Total 2008.......................... 1,732,533,000 Total 2007.......................... 1,503,736,000 Total 2006.......................... 1,389,143,000 Total 2005.......................... 1,271,689,000
345,197,000 171,929,000 517,126,000 –2,000 470,627,000 178,090,000 339,181,000 987,898,000 26,475,000 — 1,634,000 93,397,000 158,000 35,441,000 100,375,000 —————1,762,502,000 1,693,620,000 1,443,015,000 1,337,902,000 1,269,870,000
2009 Direct Premiums Written: +$1,910,324,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 3,884,000 Reinsurance Ceded ..................... 98,689,000 Net Premiums Written ............ 1,820,486,000 Net Premiums Earned ............ 1,762,502,000 Net Claims & Adj Exp ............. 1,186,595,000 Commissions ............................. 228,582,000 Taxes ........................................... 60,336,000 General Expenses ..................... 231,590,000 Undrwtg. Profit/Loss .................... 54,022,000 Investment Income .................... 155,059,000
Underwriting Result 2009: +$54,022,000 2006: +$122,589,000
2008: 2005:
280,485,000 110,754,000 391,239,000 –77,000 217,387,000 260,742,000 191,096,000 669,225,000 20,942,000 2,000 378,000 38,609,000 –2,000 15,963,000 50,316,000 —————1,186,595,000 1,181,151,000 894,464,000 812,109,000 804,467,000
81.25 64.42 75.66 3,850.00 46.19 146.41 56.34 67.74 79.10 — 23.13 41.34 –1.27 45.04 50.13 ———67.32 69.74 61.99 60.70 63.35
Growth: +5.11%
% Growth Rate (NPW) ............................5.08 % of Market (NPW) .............................4.95 Earned Loss Ratio.............................67.32 Total Expense Ratio ..........................29.53 Combined Loss & Exp. Ratio ............96.85 Return on Equity .................................9.54
+$19,580,000 +$69,398,000
2007: +$118,829,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
PEOPLE DO EXTRAORDINARY THINGS TO KEEP THEIR BUSINESSES MOVING.
WE’RE AT THE HEART OF THESE MOVING STORIES. www.rsabroker.com/movingstories
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
SASKATCHEWAN MUTUAL INSURANCE COMPANY
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
D-US
Colleen Sexsmith, Chief Agent 1145 Nicholson Rd., Unit 2 Newmarket ON L3Y 9C3 Liability...............................
20,626,000 6,893,000 27,519,000 1,868,000 278,000 6,123,000 8,269,000 — 39,000 4,784,000 —————40,611,000 35,435,000 33,376,000 29,772,000 27,075,000
19,470,000 6,289,000 25,759,000 1,649,000 257,000 5,439,000 7,345,000 — 35,000 4,580,000 —————37,719,000 34,521,000 31,673,000 28,515,000 25,953,000
2009 Direct Premiums Written: +$42,064,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 1,453,000 Net Premiums Written ................. 40,611,000 Net Premiums Earned ................. 37,719,000 Net Claims & Adj Exp .................. 19,359,000 Commissions ................................. 7,889,000 Taxes ............................................. 1,710,000 General Expenses ......................... 6,406,000 Undrwtg. Profit/Loss ...................... 2,628,000 Investment Income ............................. 55,000
Underwriting Result 2009: +$2,628,000 2006: +$2,510,000
Net Premiums Written $
SECURITY INSURANCE B-C COMPANY OF HARTFORD
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 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability...............................
Class
2008: 2005:
11,095,000 3,518,000 14,613,000 183,000 –10,000 2,635,000 2,808,000 1,000 7,000 1,930,000 —————19,359,000 19,742,000 17,442,000 14,332,000 17,682,000
56.99 55.94 56.73 11.10 –3.89 48.45 38.23 — 20.00 42.14 ———51.32 57.19 55.07 50.26 68.13
Growth: +14.05%
% Growth Rate (NPW) ..........................14.61 % of Market (NPW) .............................0.11 Earned Loss Ratio.............................51.32 Total Expense Ratio ..........................42.43 Combined Loss & Exp. Ratio ............93.75 Return on Equity .................................7.48
+$954,000 –$2,117,000
2007:
+$1,710,000
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
133,000 —————133,000 — 12,000 47,000 19,000
133,000 —————133,000 10,000 93,000 265,000 506,000
–3,081,000 —————–3,081,000 5,900,000 5,778,000 –6,079,000 19,355,000
2009 Direct Premiums Written: +$133,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ...................... 133,000 Net Premiums Earned ...................... 133,000 Net Claims & Adj Exp .................. –3,081,000 Commissions ...................................... 17,000 Taxes ..........................................................— General Expenses ............................ 282,000 Undrwtg. Profit/Loss ...................... 2,915,000 Investment Income ........................ 3,213,000
Underwriting Result 2009: +$2,915,000 2006: +$6,065,000
2008: 2005:
–2,316.54 ———–2,316.54 59,000.00 6,212.90 –2,293.96 3,825.10
Growth: 0.00% % Growth Rate (NPW) ............................... — % of Market (NPW) .............................0.00 Earned Loss Ratio......................–2,316.54 Total Expense Ratio ........................224.81 Combined Loss & Exp. Ratio .....–2,091.73 Return on Equity .................................5.88
–$6,224,000 –$19,150,000
2007:
–$6,054,000
SGI CANADA GROUP
B-C
COACHMAN INSURANCE COMPANY INSURANCE COMPANY OF PRINCE EDWARD ISLAND SGI CANADA SGI CANADA INSURANCE SERVICES LTD. Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax 306-565-8666 www.sgi.sk.ca
SecuriCAN GENERAL INSURANCE COMPANY
D-C
Randy Valpy, President & C.E.O. 777 Portage Ave Winnipeg MB R3G 0N3 204-942-2555 Fax 204-943-9597 Prop. - Personal................. Prop. - Total ....................... Total 2009.......................... Total 2008.......................... Total 2007..........................
32,059,000 32,059,000 —————32,059,000 26,647,000 21,111,000
32,096,000 32,096,000 —————32,096,000 26,684,000 21,081,000
2009 Direct Premiums Written: +$32,059,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................. 32,059,000 Net Premiums Earned ................. 32,096,000 Net Claims & Adj Exp .................. 16,458,000 Commissions .................................... 550,000 Taxes ............................................. 1,685,000 General Expenses ......................... 8,927,000 Undrwtg. Profit/Loss ...................... 5,624,000 Investment Income ........................... –41,000
Underwriting Result 2009: +$5,624,000 104
2008:
16,458,000 16,458,000 —————16,458,000 15,260,000 11,004,000
51.28 51.28 ———51.28 57.19 52.20
Growth: +20.31%
% Growth Rate (NPW) ..........................20.31 % of Market (NPW) .............................0.09 Earned Loss Ratio.............................51.28 Total Expense Ratio ..........................34.78 Combined Loss & Exp. Ratio ............86.06 Return on Equity ...............................35.53
+$1,284,000
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Accident & Sickness .......... Other Apprvd. Prod............ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
+$2,039,000
142,342,000 35,877,000 178,219,000 81,000 49,066,000 13,695,000 97,614,000 160,375,000 203,000 425,000 33,087,000 1,699,000 28,000 143,000 —————374,260,000 338,595,000 308,956,000 291,453,000 282,854,000
2009 Direct Premiums Written: +$425,201,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 27,175,000 Net Premiums Written ............... 398,026,000 Net Premiums Earned ............... 374,260,000 Net Claims & Adj Exp ................ 196,280,000 Commissions ............................... 79,681,000 Taxes ........................................... 17,686,000 General Expenses ....................... 49,583,000 Undrwtg. Profit/Loss ...................... 3,016,000 Investment Income ...................... 19,721,000
Underwriting Result 2009: +$3,016,000 2006: +$26,098,000 2007:
155,199,000 37,015,000 192,214,000 77,000 52,732,000 15,433,000 101,181,000 169,346,000 199,000 425,000 33,849,000 1,745,000 28,000 143,000 —————398,026,000 356,499,000 321,684,000 301,617,000 287,870,000
2008: 2005:
89,185,000 13,828,000 103,013,000 6,000 14,811,000 15,139,000 57,860,000 87,810,000 69,000 –12,000 5,411,000 –17,000 — — —————196,280,000 183,532,000 190,331,000 155,775,000 164,387,000
62.66 38.54 57.80 7.41 30.19 110.54 59.27 54.75 33.99 –2.82 16.35 –1.00 — — ———52.44 54.20 61.60 53.45 58.12
Growth: +10.77%
% Growth Rate (NPW) ..........................11.65 % of Market (NPW) .............................1.08 Earned Loss Ratio.............................52.44 Total Expense Ratio ..........................39.26 Combined Loss & Exp. Ratio ............91.70 Return on Equity ...............................23.10
+$22,798,000 +$15,292,000
2007:
–$778,000
SGI Canada Group Continues on page 105
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
SGI CANADA Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax 306-565-8666 www.sgi.sk.ca
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
B-C
Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax 306-565-8666 130,762,000 29,576,000 160,338,000 77,000 27,751,000 4,738,000 84,515,000 117,004,000 173,000 380,000 26,826,000 1,705,000 28,000 —————306,531,000 283,779,000 264,892,000 252,418,000 240,985,000
120,583,000 29,078,000 149,661,000 81,000 27,361,000 4,678,000 83,019,000 115,058,000 176,000 383,000 26,661,000 1,673,000 28,000 —————293,721,000 273,874,000 257,384,000 246,790,000 235,959,000
70,315,000 9,765,000 80,080,000 6,000 4,641,000 6,502,000 49,104,000 60,247,000 82,000 14,000 2,790,000 –34,000 — —————143,185,000 140,066,000 160,321,000 137,010,000 141,045,000
2009 Direct Premiums Written: +$327,465,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 3,072,000 Reinsurance Ceded ..................... 24,006,000 Net Premiums Written ............... 306,531,000 Net Premiums Earned ............... 293,721,000 Net Claims & Adj Exp ................ 143,185,000 Commissions ............................... 63,964,000 Taxes ........................................... 14,796,000 General Expenses ....................... 38,005,000 Undrwtg. Profit/Loss .................... 33,771,000 Investment Income ...................... 12,217,000
Underwriting Result 2009: +$33,771,000 2006: +$16,901,000
Net Premiums Written $
SGI CANADA B-C INSURANCE SERVICES LTD.
SGI Canada Group Continued from page 104
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Accident & Sickness ..........
Class
2008: 2005:
58.31 33.58 53.51 7.41 16.96 138.99 59.15 52.36 46.59 3.66 10.46 –2.03 — ———48.75 51.14 62.29 55.52 59.78
Growth: +7.35%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................48.75 Total Expense Ratio ..........................39.75 Combined Loss & Exp. Ratio ............88.50 Return on Equity ...............................23.07
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
2007:
13,791,000 3,853,000 17,644,000 7,722,000 865,000 7,654,000 16,241,000 27,000 19,000 3,779,000 93,000 —————37,803,000 28,031,000 18,264,000 12,339,000 11,324,000
10,061,000 1,425,000 11,486,000 3,319,000 757,000 4,523,000 8,599,000 7,000 –1,000 718,000 26,000 —————20,835,000 22,563,000 11,473,000 7,346,000 7,479,000
2009 Direct Premiums Written: +$45,510,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 1,800,000 Reinsurance Ceded ....................... 4,555,000 Net Premiums Written ................. 42,755,000 Net Premiums Earned ................. 37,803,000 Net Claims & Adj Exp .................. 20,835,000 Commissions ................................. 7,494,000 Taxes ............................................. 1,346,000 General Expenses ......................... 5,454,000 Undrwtg. Profit/Loss ...................... 2,708,000 Investment Income ........................ 1,696,000
Underwriting Result 2009: +$2,708,000 2006: –$363,000
+$27,018,000 +$7,696,000
15,464,000 4,227,000 19,691,000 8,831,000 956,000 8,949,000 18,736,000 26,000 19,000 4,186,000 97,000 —————42,755,000 33,636,000 21,970,000 14,215,000 11,749,000
2008: 2005:
Growth: +26.75%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................55.11 Total Expense Ratio ..........................37.81 Combined Loss & Exp. Ratio ............92.92 Return on Equity .................................3.63
–$5,762,000 –$646,000
2007:
–$1,026,000
–$2,500,000
THE INSURANCE COMPANY OF PRINCE EDWARD ISLAND COACHMAN INSURANCE COMPANY B-C Penny McCune, Acting Chief Operating Officer 802 The Queensway Toronto ON M8Z 1N5 416-255-3417 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
5,922,000 1,904,000 7,826,000 8,971,000 8,061,000 2,910,000 19,942,000 — 16,000 1,864,000 62,000 —————29,710,000 24,068,000 23,499,000 25,949,000 25,597,000
5,352,000 1,776,000 7,128,000 7,573,000 6,637,000 2,549,000 16,759,000 — 14,000 1,786,000 49,000 —————25,736,000 23,525,000 23,177,000 23,555,000 25,722,000
5,878,000 1,461,000 7,339,000 4,566,000 6,715,000 1,841,000 13,122,000 –21,000 1,000 1,589,000 –1,000 —————22,029,000 13,380,000 13,072,000 8,147,000 13,362,000
2009 Direct Premiums Written: +$31,963,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 2,253,000 Net Premiums Written ................. 29,710,000 Net Premiums Earned ................. 25,736,000 Net Claims & Adj Exp .................. 22,029,000 Commissions ................................. 4,333,000 Taxes ................................................ 878,000 General Expenses ......................... 3,009,000 Undrwtg. Profit/Loss .................... –5,462,000 Investment Income ........................ 4,701,000
Underwriting Result 2009: –$5,462,000 2006: +$7,362,000
2008: 2005:
109.83 82.26 102.96 60.29 101.18 72.22 78.30 — 7.14 88.97 –2.04 ———85.60 56.88 56.40 34.59 51.95
Growth: +19.18%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................85.60 Total Expense Ratio ..........................31.94 Combined Loss & Exp. Ratio ..........117.54 Return on Equity ...............................–1.26
2007:
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
+$2,329,000
B-C
Charles Cooke, President PO Box 1120 14 Great George St Charlottetown PE C1A 7M8 902-368-3675
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
3,050,000 1,308,000 4,358,000 7,179,000 1,678,000 4,807,000 13,664,000 — 10,000 975,000 24,000 —————19,031,000 15,016,000 11,323,000 9,035,000 9,539,000
2,617,000 1,170,000 3,787,000 6,408,000 1,515,000 4,402,000 12,325,000 — 9,000 855,000 24,000 —————17,000,000 13,166,000 10,132,000 8,769,000 9,849,000
2009 Direct Premiums Written: +$20,264,000 2009 Underwriting Performance Summary
+$1,858,000 +$4,663,000
72.95 36.98 65.10 42.98 87.51 59.09 52.95 25.93 –5.26 19.00 27.96 ———55.11 80.49 62.82 59.53 66.05
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 1,233,000 Net Premiums Written ................. 19,031,000 Net Premiums Earned ................. 17,000,000 Net Claims & Adj Exp .................. 10,233,000 Commissions ................................. 3,890,000 Taxes ................................................ 667,000 General Expenses ......................... 3,115,000 Undrwtg. Profit/Loss ....................... –903,000 Investment Income ........................ 1,108,000
Underwriting Result 2009: –$903,000 2006: +$2,198,000
2008: 2005:
2,931,000 1,177,000 4,108,000 2,285,000 1,165,000 2,394,000 5,844,000 1,000 –26,000 314,000 –8,000 —————10,233,000 7,522,000 5,465,000 3,272,000 2,500,000
112.00 100.60 108.48 35.66 76.90 54.38 47.42 — –288.89 36.73 –33.33 ———60.19 57.13 53.94 37.31 25.38
Growth: +25.86%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................60.19 Total Expense Ratio ..........................45.13 Combined Loss & Exp. Ratio ..........105.32 Return on Equity .................................1.37
–$314,000 +$3,579,000
2007:
+$418,000 105
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
SOMPO JAPAN INSURANCE INC.
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
1,791,000 1,791,000 791,000 311,000 1,102,000 56,000 42,000 1,274,000 51,000 575,000 —————4,891,000 4,655,000 5,216,000 4,838,000 5,270,000
1,603,000 1,603,000 733,000 308,000 1,041,000 57,000 40,000 1,284,000 20,000 620,000 —————4,665,000 4,951,000 4,981,000 4,822,000 5,027,000
769,000 769,000 462,000 256,000 718,000 2,000 –1,000 87,000 — 698,000 —————2,273,000 1,294,000 1,863,000 2,095,000 2,732,000
2009 Direct Premiums Written: +$4,775,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 1,312,000 Reinsurance Ceded ....................... 1,196,000 Net Premiums Written ................... 4,891,000 Net Premiums Earned ................... 4,665,000 Net Claims & Adj Exp .................... 2,273,000 Commissions .................................... 693,000 Taxes ................................................ 140,000 General Expenses ......................... 1,098,000 Undrwtg. Profit/Loss ......................... 461,000 Investment Income ........................... 851,000
Underwriting Result 2009: +$461,000 2006: +$1,039,000
2008: 2005:
47.97 47.97 63.03 83.12 68.97 3.51 –2.50 6.78 — 112.58 ———48.72 26.14 37.40 43.45 54.35
Growth: +5.13%
% Growth Rate (NPW) ............................5.07 % of Market (NPW) .............................0.01 Earned Loss Ratio.............................48.72 Total Expense Ratio ..........................41.39 Combined Loss & Exp. Ratio ............90.11 Return on Equity .................................2.78
+$1,781,000 +$614,000
2007:
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
D-F SSQ, SOCIETE D’ASSURANCES GENERALES INC.
Karen Barkley, Chief Agent In Canada 1400 - 25 York Street Toronto ON M5J 2V5 416-594-2590 Fax 416-594-3000 Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Marine................................
Class
+$1,424,000
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 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
51,073,000 1,319,000 52,392,000 33,469,000 87,000 58,759,000 92,315,000 —————144,707,000 121,921,000 118,423,000 90,292,000 89,474,000
43,450,000 1,142,000 44,592,000 31,027,000 82,000 53,424,000 84,533,000 —————129,125,000 115,968,000 99,308,000 88,209,000 82,865,000
2009 Direct Premiums Written: +$147,736,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 3,029,000 Net Premiums Written ............... 144,707,000 Net Premiums Earned ............... 129,125,000 Net Claims & Adj Exp .................. 81,516,000 Commissions .................................. –241,000 Taxes ............................................. 4,426,000 General Expenses ....................... 32,263,000 Undrwtg. Profit/Loss .................... 11,161,000 Investment Income ........................... 639,000
Underwriting Result 2009: +$11,161,000 2006: +$1,187,000
2008: 2005:
30,182,000 549,000 30,731,000 18,369,000 195,000 32,221,000 50,785,000 —————81,516,000 85,540,000 64,424,000 60,438,000 57,139,000
B-C
Katherine Bardswick, President & CEO 500, 6700 MacLeod Trail S.E. Calgary AB T2H 0L3 403-298-4200 Fax 403-298-4217
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Marine................................
% Growth Rate (NPW) ..........................18.69 % of Market (NPW) .............................0.39 Earned Loss Ratio.............................63.13 Total Expense Ratio ..........................28.23 Combined Loss & Exp. Ratio ............91.36 Return on Equity ...............................19.94
–$3,434,000 +$1,180,000
2007:
–$219,000
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Total 2009.......................... Total 2008.......................... 26,159,000 75,732,000 101,891,000 12,036,000 1,755,000 7,795,000 21,586,000 11,000 684,000 54,646,000 5,688,000 7,169,000 —————191,675,000 181,927,000 173,623,000 188,793,000 181,896,000
17,020,000 46,147,000 63,167,000 6,942,000 452,000 2,514,000 9,908,000 –1,000 49,000 37,804,000 2,910,000 3,905,000 —————117,742,000 108,610,000 106,741,000 108,477,000 106,263,000
2009 Direct Premiums Written: +$268,442,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 2,386,000 Reinsurance Ceded ..................... 63,947,000 Net Premiums Written ............... 206,993,000 Net Premiums Earned ............... 191,675,000 Net Claims & Adj Exp ................ 117,742,000 Commissions ............................... 44,974,000 Taxes ............................................. 9,192,000 General Expenses ....................... 21,435,000 Undrwtg. Profit/Loss .................... –1,668,000 Investment Income ...................... 16,542,000
Underwriting Result 2009: –$1,668,000 2006: +$4,736,000 106
2008: 2005:
65.06 60.93 61.99 57.68 25.75 32.25 45.90 –9.09 7.16 69.18 51.16 54.47 ———61.43 59.70 61.48 57.46 58.42
Growth: +6.62%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................61.43 Total Expense Ratio ..........................39.44 Combined Loss & Exp. Ratio ..........100.87 Return on Equity .................................7.88
–$1,854,000 +$7,017,000
D-US
Marco Polsinelli, Royal Bank Plaza, North Tower 200 Bay St, Suite 2200 Toronto ON M5J 2J2 416-307-3300 Fax 416-307-3305 www.stewart.ca Title ....................................
25,880,000 85,974,000 111,854,000 13,527,000 2,514,000 9,110,000 25,151,000 24,000 677,000 55,960,000 6,307,000 7,020,000 —————206,993,000 193,926,000 175,280,000 183,929,000 198,217,000
69.46 48.07 68.92 59.20 237.80 60.31 60.08 ———63.13 73.76 64.87 68.52 68.95
Growth: +18.19%
STEWART TITLE GUARANTY COMPANY THE SOVEREIGN GENERAL INSURANCE COMPANY
Earned Loss Ratio %
68,976,000 —————68,976,000 74,142,000
68,976,000 —————68,976,000 74,142,000
2009 Direct Premiums Written: +$68,976,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................. 68,976,000 Net Premiums Earned ................. 68,976,000 Net Claims & Adj Exp .................. 30,265,000 Commissions ..............................................— Taxes ............................................. 2,173,000 General Expenses ....................... 34,486,000 Undrwtg. Profit/Loss ...................... 2,176,000 Investment Income ........................ 9,052,000
Underwriting Result 2009: +$2,176,000
2008:
30,265,000 —————30,265,000 27,774,000
43.88 ———43.88 37.46
Growth: –6.97%
% Growth Rate (NPW) ..........................–6.97 % of Market (NPW) .............................0.19 Earned Loss Ratio.............................43.88 Total Expense Ratio ..........................53.15 Combined Loss & Exp. Ratio ............97.03 Return on Equity ...............................14.09
+$4,969,000
Use the score to assess your risk
Baron Index Developed by Baron Actuaries
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2007:
–$3,507,000
www.compu-quote.com
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Sovereign General - Canadian Underwriter Full Page Ad 8.125 10.875 + .125 Bleed - Lure Advertising - April 30, 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
ST. PAUL FIRE AND MARINE INSURANCE COMPANY George Petropoulos, President 20 Queen St W, Suite 200 PO Box #5 Toronto ON M5H 3R3 416-366-8301 Fax 416-366-0846 www.travelerscanada.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
B-US
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY D-US Robert J. Cooke Senior, Vice-President 333 First Commerce Dr Aurora ON L4G 8A4 905-750-4100 www.statefarm.ca
St. Paul Fire & Marine Insurance Company
6,221,000 56,529,000 62,750,000 — 28,576,000 3,783,000 12,046,000 44,405,000 2,420,000 1,042,000 72,135,000 3,939,000 11,911,000 —————198,602,000 207,581,000 256,794,000 232,901,000 222,870,000
5,682,000 66,888,000 72,570,000 — 29,327,000 3,685,000 11,908,000 44,920,000 2,565,000 996,000 78,823,000 3,939,000 12,620,000 —————216,433,000 230,010,000 245,653,000 223,139,000 221,240,000
2,638,000 51,787,000 54,425,000 –145,000 4,150,000 989,000 7,351,000 12,490,000 1,200,000 –513,000 20,054,000 488,000 5,567,000 —————93,566,000 168,182,000 134,217,000 134,104,000 116,228,000
2009 Direct Premiums Written: +$227,316,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 4,409,000 Reinsurance Ceded ..................... 33,123,000 Net Premiums Written ............... 198,602,000 Net Premiums Earned ............... 216,433,000 Net Claims & Adj Exp .................. 93,566,000 Commissions ............................... 36,104,000 Taxes ............................................. 8,049,000 General Expenses ....................... 26,236,000 Undrwtg. Profit/Loss .................... 52,478,000 Investment Income ...................... 47,753,000
Underwriting Result 2009: +$52,478,000 2006: +$24,920,000
Earned Loss Ratio %
2008: 2005:
46.43 77.42 75.00 — 14.15 26.84 61.73 27.80 46.78 –51.51 25.44 12.39 44.11 ———43.23 73.12 54.64 60.10 52.53
Growth: –6.41%
% Growth Rate (NPW) ..........................–4.33 % of Market (NPW) .............................0.54 Earned Loss Ratio.............................43.23 Total Expense Ratio ..........................32.52 Combined Loss & Exp. Ratio ............75.75 Return on Equity ...............................11.50
Auto. - Liability ................... 601,099,000 Auto. - Pers. Acc................ 455,898,000 Auto. - Other ...................... 323,812,000 Auto. - Total ....................... 1,380,809,000 —————Total 2009.......................... 1,380,809,000 Total 2008.......................... 1,265,201,000 Total 2007.......................... 1,139,063,000 Total 2006.......................... 1,074,611,000 Total 2005.......................... 1,042,725,000
597,647,000 421,975,000 335,062,000 1,354,684,000 —————1,354,684,000 1,230,614,000 1,118,889,000 1,064,696,000 1,038,523,000
365,401,000 930,767,000 213,396,000 1,509,564,000 —————1,509,564,000 1,226,898,000 1,015,573,000 716,951,000 775,182,000
2009 Direct Premiums Written: +$1,380,825,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ............................ 16,000 Net Premiums Written ............ 1,380,809,000 Net Premiums Earned ............ 1,354,684,000 Net Claims & Adj Exp ............. 1,509,564,000 Commissions ............................. 165,451,000 Taxes ........................................... 46,755,000 General Expenses ..................... 114,440,000 Undrwtg. Profit/Loss ................ –478,435,000 Investment Income .................... 164,216,000
Underwriting Result 2009: –$478,435,000 2006: +$124,428,000
Growth: +9.14%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio...........................111.43 Total Expense Ratio ..........................24.11 Combined Loss & Exp. Ratio ..........135.54 Return on Equity .............................–16.38
2008: –$280,842,000 2005: +$52,628,000
2007: –$121,790,000
STATE FARM FIRE & CASUALTY COMPANY
–$9,019,000 +$43,878,000
2007:
+$39,706,000
61.14 220.57 63.69 111.43 ———111.43 99.70 90.77 67.34 74.64
D-US
Robert J. Cooke Senior, Vice-President 333 First Commerce Dr Aurora ON L4G 8A4 905-750-4100 www.statefarm.ca
STATE FARM INSURANCE COMPANY D-US STATE FARM FIRE & CASUALTY COMPANY STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Fidelity ............................... Liability............................... Surety ................................
Robert J. Cooke Senior, Vice-President 333 First Commerce Dr Aurora ON L4G 8A4 905-750-4100 www.statefarm.ca Prop. - Personal................. 366,255,000 Prop. - Commercial............ 31,203,000 Prop. - Total ....................... 397,458,000 Auto. - Liability ................... 601,099,000 Auto. - Pers. Acc................ 455,898,000 Auto. - Other ...................... 323,812,000 Auto. - Total ....................... 1,380,809,000 Fidelity ............................... 1,000 Liability............................... 49,441,000 Surety ................................ 59,000 —————Total 2009.......................... 1,827,768,000 Total 2008.......................... 1,679,940,000 Total 2007.......................... 1,527,610,000 Total 2006.......................... 1,436,944,000 Total 2005.......................... 1,393,817,000
349,036,000 30,329,000 379,365,000 597,647,000 421,975,000 335,062,000 1,354,684,000 1,000 48,953,000 45,000 —————1,783,048,000 1,630,706,000 1,493,002,000 1,420,920,000 1,385,975,000
2009 Direct Premiums Written: +$1,832,917,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 5,149,000 Net Premiums Written ............ 1,827,768,000 Net Premiums Earned ............ 1,783,048,000 Net Claims & Adj Exp ............. 1,823,105,000 Commissions ............................. 227,246,000 Taxes ........................................... 61,367,000 General Expenses ..................... 172,627,000 Undrwtg. Profit/Loss ................ –495,851,000 Investment Income .................... 201,166,000
Underwriting Result 2009: –$495,851,000 2006: +$141,519,000 108
268,546,000 27,995,000 296,541,000 365,401,000 930,767,000 213,396,000 1,509,564,000 — 17,000,000 — —————1,823,105,000 1,569,393,000 1,275,254,000 945,989,000 1,002,738,000
76.94 92.30 78.17 61.14 220.57 63.69 111.43 — 34.73 — ———102.25 96.24 85.42 66.58 72.35
Growth: +8.84%
% Growth Rate (NPW) ............................8.80 % of Market (NPW) .............................4.97 Earned Loss Ratio...........................102.25 Total Expense Ratio ..........................25.87 Combined Loss & Exp. Ratio ..........128.12 Return on Equity .............................–11.12
2008: –$348,769,000 2005: +$70,302,000
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
366,255,000 31,203,000 397,458,000 1,000 49,441,000 59,000 —————446,959,000 414,739,000 388,547,000 362,333,000 351,092,000
349,036,000 30,329,000 379,365,000 1,000 48,953,000 45,000 —————428,364,000 400,092,000 374,113,000 356,224,000 347,452,000
268,546,000 27,995,000 296,541,000 — 17,000,000 — —————313,541,000 342,495,000 259,681,000 229,038,000 227,556,000
2009 Direct Premiums Written: +$452,092,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 5,133,000 Net Premiums Written ............... 446,959,000 Net Premiums Earned ............... 428,364,000 Net Claims & Adj Exp ................ 313,541,000 Commissions ............................... 61,795,000 Taxes ........................................... 14,612,000 General Expenses ....................... 58,187,000 Undrwtg. Profit/Loss .................. –17,416,000 Investment Income ...................... 36,950,000
Underwriting Result 2009: –$17,416,000 2006: +$17,091,000
2008: 2005:
Analytics
76.94 92.30 78.17 — 34.73 — ———73.19 85.60 69.41 64.30 65.49
Growth: +7.93%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................73.19 Total Expense Ratio ..........................31.42 Combined Loss & Exp. Ratio ..........104.61 Return on Equity .................................4.28
–$67,927,000 +$17,674,000
2007:
+$976,000
Rating & statistical analysis www.compu-quote.com
Powered by Compu-Quote 2007: –$120,814,000
Helping assess and develop marketing strategies through comparative quoting
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
We take a similar approach. Just without the awkward inseam measurements. Call us crazy, but we believe your insurance should fit your business. Perfectly. No easy off-the-rack solutions. No cookie-cutter plans. At Travelers, we specialize in the unique solutions that come only from underwriters who truly understand your industry. Solutions crafted from an unparalleled breadth of products. Ask your independent broker how our approach can help keep your business protected. And don’t worry—it won’t be awkward at all. www.travelerscanada.ca ©2009 The Travelers Companies, Inc. All rights reserved. The Travelers Indemnity Company and its property casualty affiliates. 20 Queen Street West, Suite 300, Toronto, Ontario. M5H 3R3. St. Paul Fire & Marine Insurance Company and Travelers Guarantee Company of Canada are the Canadian licensed insurers known as Travelers Canada.
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
TD INSURANCE
Earned Loss Ratio %
Prop. - Personal................. 501,908,000 Prop. - Commercial............ 17,000 Prop. - Total ....................... 501,925,000 Auto. - Liability ................... 713,272,000 Auto. - Pers. Acc................ 381,431,000 Auto. - Other ...................... 496,415,000 Auto. - Total ....................... 1,591,118,000 Liability............................... 7,236,000 —————Total 2009.......................... 2,100,279,000 Total 2008.......................... 1,894,783,000 Total 2007.......................... 1,836,013,000 Total 2006.......................... 1,764,389,000 Total 2005.......................... 1,641,273,000
468,574,000 17,000 468,591,000 679,712,000 359,155,000 477,966,000 1,516,833,000 7,236,000 —————1,992,660,000 1,856,462,000 1,785,568,000 1,709,401,000 1,601,475,000
2009 Direct Premiums Written: +$2,127,265,000 2009 Underwriting Performance Summary
Reinsurance Assumed ........... 1,147,764,000 Reinsurance Ceded ................ 1,179,750,000 Net Premiums Written ............ 2,100,279,000 Net Premiums Earned ............ 1,992,660,000 Net Claims & Adj Exp ............. 1,652,516,000 Commissions ............................. 218,082,000 Taxes ........................................... 63,514,000 General Expenses ..................... 153,578,000 Undrwtg. Profit/Loss .................. –95,030,000 Investment Income .................... 191,145,000
Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Total ....................... Liability...............................
421,944,000 — 421,944,000 340,823,000 561,556,000 322,751,000 1,225,130,000 5,442,000 —————1,652,516,000 1,446,334,000 1,235,290,000 1,184,355,000 1,098,485,000
90.05 — 90.05 50.14 156.35 67.53 80.77 75.21 ———82.93 77.91 69.18 69.28 68.59
Growth: +10.81%
% Growth Rate (NPW) ..........................10.85 % of Market (NPW) .............................5.72 Earned Loss Ratio.............................82.93 Total Expense Ratio ..........................21.84 Combined Loss & Exp. Ratio ..........104.77 Return on Equity .................................7.49
2008: +$3,906,000 2005: +$165,344,000
2007: +$146,876,000
D-C
Kenneth B. Irvin, CGA, President & CEO 390 Bay St., 22nd Floor Toronto ON M5H 2Y2 416-364-2851 Fax 416-361-1163 www.templeinsurance.ca
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
— 22,574,000 22,574,000 — 19,000 — 19,000 154,000 — — 80,941,000 — — — —————103,688,000 111,002,000 117,689,000 110,422,000 118,434,000
— 22,314,000 22,314,000 — 19,000 — 19,000 166,000 — — 84,756,000 — — — —————107,255,000 110,202,000 112,128,000 112,023,000 121,898,000
2009 Underwriting Performance Summary
Reinsurance Assumed ....................... 19,000 Reinsurance Ceded ..................... 85,607,000 Net Premiums Written ............... 103,688,000 Net Premiums Earned ............... 107,255,000 Net Claims & Adj Exp .................. 51,568,000 Commissions ............................... 30,070,000 Taxes ............................................. 6,075,000 General Expenses ......................... 7,939,000 Undrwtg. Profit/Loss .................... 11,603,000 Investment Income ...................... 24,618,000
110
2008: 2005:
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
B-US
Total 2009.......................... Total 2008.......................... Total 2007..........................
— — — — —————— — —
— — — — —————— — —
2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................................— Net Premiums Earned ................................— Net Claims & Adj Exp ..................... –105,000 Commissions ..............................................— Taxes ..........................................................— General Expenses ............................ 270,000 Undrwtg. Profit/Loss ...................................— Investment Income ........................ 1,468,000
Underwriting Result 2008: –$188,000
2007:
148,000 –1,000 147,000 –252,000 —————–105,000 –115,000 1,168,000
— — — — ———— — —
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.................................. — Total Expense Ratio ............................... — Combined Loss & Exp. Ratio ................. — Return on Equity .................................4.62
–$1,584,000
Baron Index
Use the score to assess your risk
Use the score to assess your risk
Developed by Baron Actuaries
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TOKIO MARINE & NICHIDO FIRE INSURANCE CO., LTD.
B-F
Richard N. Patina, Chief Agent 105 Adelaide St. W., P.O. Box 219A Toronto ON M5H 1P9 416-350-4400 Fax 416-350-4412 –1,000 18,559,000 18,558,000 –44,000 290,000 –2,000 288,000 –33,000 –1,000 –1,000 33,149,000 –74,000 –120,000 –154,000 —————51,568,000 44,711,000 38,584,000 30,752,000 64,454,000
2009 Direct Premiums Written: +$189,276,000
Underwriting Result 2009: +$11,603,000 2006: +$36,705,000
Net Premiums Earned $
David Derksen, Chief Agent 717 Portage Ave., PO Box 5800 Winnipeg MB R3C 3C9 250-495-4784
TEMPLE INSURANCE COMPANY
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Liability............................... Surety ................................ Marine................................ Accident & Sickness ..........
Net Premiums Written $
B-C TIG INSURANCE COMPANY
SECURITY NATIONAL INSURANCE COMPANY PRIMMUM INSURANCE COMPANY TD GENERAL INSURANCE COMPANY TD DIRECT INSURANCE INC TD HOME AND AUTO INSURANCE COMPANY William Goings, TD Bank Financial Group, President and C.E.O. Richmond Adelaide Center 120 Adelaide St W 2nd Floor Toronto ON M5H 1T1 www.tdinsurance.com service@melochemonnex.com
Underwriting Result 2009: –$95,030,000 2006: +$132,825,000
Class
— 83.17 83.17 — 1,526.32 — 1,515.79 –19.88 — — 39.11 — — — ———48.08 40.57 34.41 27.45 52.88
Growth: –2.04%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................48.08 Total Expense Ratio ..........................41.10 Combined Loss & Exp. Ratio ............89.18 Return on Equity ...............................16.60
+$20,171,000 +$12,190,000
2007:
+$22,672,000
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
189,000 7,803,000 7,992,000 8,478,000 2,548,000 1,317,000 1,216,000 5,081,000 80,000 111,000 3,153,000 450,000 —————25,345,000 29,364,000 25,556,000 27,195,000 28,340,000
193,000 8,164,000 8,357,000 9,421,000 2,515,000 1,441,000 1,209,000 5,165,000 120,000 114,000 3,105,000 504,000 —————26,786,000 27,784,000 26,736,000 27,982,000 26,220,000
2009 Direct Premiums Written: +$19,857,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 9,804,000 Reinsurance Ceded ....................... 4,316,000 Net Premiums Written ................. 25,345,000 Net Premiums Earned ................. 26,786,000 Net Claims & Adj Exp .................. 22,388,000 Commissions ................................. 3,791,000 Taxes ................................................ 669,000 General Expenses ......................... 4,641,000 Undrwtg. Profit/Loss .................... –4,703,000 Investment Income ........................ 2,274,000
Underwriting Result 2009: –$4,703,000 2006: +$5,136,000
2008: 2005:
44,000 14,655,000 14,699,000 3,070,000 1,714,000 287,000 1,228,000 3,229,000 5,000 316,000 859,000 210,000 —————22,388,000 20,179,000 26,980,000 13,328,000 14,732,000
22.80 179.51 175.89 32.59 68.15 19.92 101.57 62.52 4.17 277.19 27.67 41.67 ———83.58 72.63 100.91 47.63 56.19
Growth: –12.18%
% Growth Rate (NPW) ........................–13.69 % of Market (NPW) .............................0.07 Earned Loss Ratio.............................83.58 Total Expense Ratio ..........................33.98 Combined Loss & Exp. Ratio ..........117.56 Return on Equity ...............................–4.25
–$1,889,000 +$2,157,000
2007:
–$9,507,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
TRAVELERS GUARANTEE COMPANY OF CANADA
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
23,000 — 23,000 16,636,000 — 7,598,000 35,314,000 78,307,000 53,000 —————137,931,000 141,586,000 138,951,000 139,756,000 130,281,000
B-C
— 1,000 1,000 10,979,000 –448,000 951,000 6,583,000 15,571,000 76,000 —————33,713,000 44,247,000 39,601,000 58,569,000 59,136,000
2009 Direct Premiums Written: +$161,648,000 2009 Underwriting Performance Summary
Reinsurance Assumed .................. 7,931,000 Reinsurance Ceded ..................... 42,025,000 Net Premiums Written ............... 127,557,000 Net Premiums Earned ............... 137,931,000 Net Claims & Adj Exp .................. 33,713,000 Commissions ............................... 24,797,000 Taxes ............................................. 5,613,000 General Expenses ....................... 26,585,000 Undrwtg. Profit/Loss .................... 49,503,000 Investment Income ...................... 22,118,000
Underwriting Result 2009: +$49,503,000 2006: +$31,936,000
2008: 2005:
— — 4.35 66.00 — 12.52 18.64 19.88 143.40 ———24.44 31.25 28.50 41.91 45.39
Growth: –7.26%
% Growth Rate (NPW) ........................–11.80 % of Market (NPW) .............................0.35 Earned Loss Ratio.............................24.44 Total Expense Ratio ..........................41.32 Combined Loss & Exp. Ratio ............65.76 Return on Equity ...............................15.60
+$41,689,000 +$23,366,000
2007:
+$43,384,000
B-C
Robert Taylor, Co-CEO Michael George, Co-CEO 70 York St Suite 1100 Toronto ON M5J 1S9 416-214-2555 www.trisura.com
Total 2009.......................... Total 2008.......................... Total 2007..........................
20,000 20,000 3,928,000 1,342,000 7,023,000 12,690,000 —————25,003,000 22,157,000 11,443,000
15,000 15,000 2,752,000 1,268,000 5,989,000 11,338,000 —————21,362,000 15,720,000 8,672,000
— — 654,000 878,000 1,871,000 2,398,000 —————5,801,000 4,420,000 4,008,000
2009 Direct Premiums Written: +$36,255,000 2009 Underwriting Performance Summary
Reinsurance Assumed ....................... 78,000 Reinsurance Ceded ..................... 11,344,000 Net Premiums Written ................. 25,003,000 Net Premiums Earned ................. 21,362,000 Net Claims & Adj Exp .................... 5,801,000 Commissions ................................. 4,233,000 Taxes ................................................ 950,000 General Expenses ......................... 8,556,000 Undrwtg. Profit/Loss ...................... 2,510,000 Investment Income ........................... 251,000
Underwriting Result 2009: +$2,510,000
2008:
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
D-F
Total 2009.......................... Total 2008..........................
8,350,000 8,350,000 16,000 — 18,432,000 —————26,798,000 166,862,000
15,343,000 15,343,000 16,000 — 38,706,000 —————54,065,000 25,755,000
2009 Direct Premiums Written: +$45,202,000 2009 Underwriting Performance Summary
Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 18,404,000 Net Premiums Written ................. 26,798,000 Net Premiums Earned ................. 54,065,000 Net Claims & Adj Exp .................. 17,087,000 Commissions ............................... 10,240,000 Taxes ............................................. 1,449,000 General Expenses ......................... 5,487,000 Undrwtg. Profit/Loss .................... 19,802,000 Investment Income ...................... 10,305,000
Underwriting Result 2009: +$19,802,000
2008:
6,425,000 6,425,000 — 10,000 10,652,000 —————17,087,000 4,749,000
— — 23.76 69.24 31.24 21.15 ———27.16 28.12 46.22
Growth: +19.88%
% Growth Rate (NPW) ..........................12.84 % of Market (NPW) .............................0.07 Earned Loss Ratio.............................27.16 Total Expense Ratio ..........................64.32 Combined Loss & Exp. Ratio ............91.48 Return on Equity ...............................10.80
+$188,000
2007:
–$2,614,000
% Growth Rate (NPW) ........................–83.94 % of Market (NPW) .............................0.07 Earned Loss Ratio.............................31.60 Total Expense Ratio ..........................31.77 Combined Loss & Exp. Ratio ............63.37 Return on Equity ...............................14.61
+$7,142,000
B-C
Jean Tardif, President et chef de l’exploitation 925 Grand Allee Ouest Quebec PQ G1S 1C1 418-683-2711 Fax 418-688-9684 jeantardif@lunique.qc.ca Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Legal Expense ................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
27,559,000 7,660,000 35,219,000 20,459,000 512,000 34,136,000 55,107,000 671,000 3,546,000 2,662,000 —————97,205,000 91,880,000 77,671,000 66,112,000 57,127,000
24,743,000 4,917,000 29,660,000 19,761,000 478,000 32,851,000 53,090,000 671,000 5,869,000 375,000 —————89,665,000 77,863,000 68,474,000 61,484,000 58,162,000
2009 Direct Premiums Written: +$121,139,000 2009 Underwriting Performance Summary
Reinsurance Assumed ................ 64,110,000 Reinsurance Ceded ..................... 88,044,000 Net Premiums Written ................. 97,205,000 Net Premiums Earned ................. 89,665,000 Net Claims & Adj Exp .................. 55,624,000 Commissions ................................. 9,710,000 Taxes ............................................. 3,172,000 General Expenses ....................... 16,435,000 Undrwtg. Profit/Loss ...................... 6,701,000 Investment Income ........................ 2,474,000
Underwriting Result 2009: +$6,701,000 2006: +$2,265,000
2008: 2005:
Developed with Ask your Insurers to support iClarify
Powered by Compu-Quote CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
41.88 41.88 — — 27.52 ———31.60 18.44
Growth: +19.36%
L’UNIQUE COMPAGNIE D’ASSURANCES GENERALES
TRISURA GUARANTEE INSURANCE COMPANY
Prop. - Commercial............ Prop. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................
Net Premiums Earned $
Henryka Anderson, Chief Agent 355 Wellington St London ON N6A 3N7 519-680-4738 Fax 866-897-8985 Prop. - Personal................. Prop. - Total ....................... Fidelity ............................... Liability............................... Accident & Sickness ..........
23,000 — 23,000 4,988,000 — 8,329,000 39,556,000 74,608,000 53,000 —————127,557,000 144,616,000 155,275,000 145,993,000 142,825,000
Net Premiums Written $
TRITON INSURANCE
George Petropoulos, President & CEO 20 Queen St W, Suite 300 PO Box 6 Toronto ON M5H 3R3 416-360-8183 Fax 416-360-8267 www.travelersguarantee.com comments@travelersguarantee.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Liability............................... Surety ................................ Title ....................................
Class
15,712,000 3,104,000 18,816,000 9,074,000 66,000 27,208,000 36,348,000 413,000 740,000 –693,000 —————55,624,000 44,895,000 36,967,000 35,889,000 34,527,000
63.50 63.13 63.44 45.92 13.81 82.82 68.46 61.55 12.61 –184.80 ———62.04 57.66 53.99 58.37 59.36
Growth: +24.92%
% Growth Rate (NPW) ............................5.80 % of Market (NPW) .............................0.26 Earned Loss Ratio.............................62.04 Total Expense Ratio ..........................32.70 Combined Loss & Exp. Ratio ............94.74 Return on Equity ...............................17.99
+$2,889,000 +$4,114,000
2007:
+$5,151,000
SEE each risk and validate prior to quoting
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Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
UTICA MUTUAL INSURANCE COMPANY LIMITED
Earned Loss Ratio %
B-US
Colleen Sexsmith, Chief Agent 1145 Nicholson Rd., Unit 2 Newmarket ON L3Y 9C3 905-853-0858 Fax 905-853-0183 Auto. - Liability ................... Auto. - Total ....................... Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Class
— — — —————— –4,000 7,000 –13,000 1,282,000
— — — —————— –4,000 7,000 285,000 2,076,000
2009 Underwriting Performance Summary
Underwriting Result 2009: –$128,000 2006: –$379,000
2008: 2005:
–2,000 –2,000 –53,000 —————–55,000 –38,000 –309,000 443,000 1,331,000
— — — ———— 950.00 –4,414.29 155.44 64.11
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.................................. — Total Expense Ratio ............................... — Combined Loss & Exp. Ratio ................. — Return on Equity .................................0.97
Prop. - Personal................. 487,262,000 Prop. - Commercial............ 167,613,000 Prop. - Total ....................... 654,875,000 Auto. - Liability ................... 479,371,000 Auto. - Pers. Acc................ 168,230,000 Auto. - Other ...................... 360,312,000 Auto. - Total ....................... 1,007,913,000 Boiler & Machinery ............ — Liability............................... 31,249,000 —————Total 2009.......................... 1,694,037,000 Total 2008.......................... 1,554,461,000 Total 2007.......................... 1,466,192,000 Total 2006.......................... 1,417,045,000 Total 2005.......................... 1,369,448,000
–$144,000 +$336,000
2007:
+$103,000
D-US
Earned Loss Ratio %
B-C
360,676,000 100,841,000 461,517,000 364,563,000 184,782,000 234,501,000 783,846,000 1,000 19,660,000 —————1,265,024,000 1,193,883,000 1,066,566,000 940,307,000 932,125,000
2009 Direct Premiums Written: +$1,735,669,000 Reinsurance Assumed ...............................— Reinsurance Ceded ..................... 41,632,000 Net Premiums Written ............ 1,694,037,000 Net Premiums Earned ............ 1,610,616,000 Net Claims & Adj Exp ............. 1,265,024,000 Commissions ............................. 257,744,000 Taxes ........................................... 54,002,000 General Expenses ..................... 135,089,000 Undrwtg. Profit/Loss .................. –77,114,000 Investment Income .................... 147,997,000
2008: 2005:
78.37 62.71 74.32 80.53 124.53 65.51 81.73 — 64.43 ———78.54 79.21 74.09 68.43 70.75
Growth: +9.50%
% Growth Rate (NPW) ............................8.98 % of Market (NPW) .............................4.61 Earned Loss Ratio.............................78.54 Total Expense Ratio ..........................27.74 Combined Loss & Exp. Ratio ..........106.28 Return on Equity .................................5.34
–$84,406,000 +$16,173,000
2007:
–$45,006,000
WESTERN SURETY COMPANY
D-C
Scott W Donald, President P.O. Box 527, 2000-1874 Scarth St. Regina SK S4P 2G8 306-791-3735 Fax 306-359-0929 www.westernsurety.ca sdonald@westernsurety.ca
V. Lorraine Williams, Chief Agent 3650 Victoria Park Ave. Suite 201 Toronto ON M2H 3P7 416-496-1148 Fax 416-496-1089 –406,000 5,714,000 109,000 —————5,417,000 8,210,000 95,000 272,000 312,000
13,000 3,820,000 109,000 —————3,942,000 384,000 580,000 481,000 703,000
2009 Direct Premiums Written: +$5,477,000 2009 Underwriting Performance Summary
Reinsurance Assumed ..................... –60,000 Reinsurance Ceded ....................................— Net Premiums Written ................... 5,417,000 Net Premiums Earned ................... 3,942,000 Net Claims & Adj Exp .................... 3,815,000 Commissions .................................... 524,000 Taxes ..........................................................— General Expenses ............................ 579,000 Undrwtg. Profit/Loss ....................... –976,000 Investment Income ........................... 790,000
112
460,214,000 160,803,000 621,017,000 452,722,000 148,379,000 357,984,000 959,085,000 — 30,514,000 —————1,610,616,000 1,507,304,000 1,439,624,000 1,374,215,000 1,317,499,000
2009 Underwriting Performance Summary
VIRGINIA SURETY COMPANY INC.
Underwriting Result 2009: –$976,000 2006: –$513,000
Net Claims and Adjusting Expenses $
THE WAWANESA MUTUAL INSURANCE COMPANY
Underwriting Result 2009: –$77,114,000 2006: +$49,222,000
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Net Premiums Earned $
Kenneth E McCrea, President & Chief Executive Officer 191 Broadway Winnipeg MB R3C 3P1 204-985-3923 Fax 204-942-7724 www.wawanesa.com
Reinsurance Assumed ...............................— Reinsurance Ceded ....................................— Net Premiums Written ................................— Net Premiums Earned ................................— Net Claims & Adj Exp ....................... –55,000 Commissions ..............................................— Taxes ..........................................................— General Expenses ............................ 183,000 Undrwtg. Profit/Loss ....................... –128,000 Investment Income ........................... 149,000
Boiler & Machinery ............ Liability............................... Credit Protection ................
Net Premiums Written $
2008: 2005:
–1,000 3,816,000 — —————3,815,000 179,000 495,000 472,000 503,000
–7.69 99.90 — ———96.78 46.61 85.34 98.13 71.55
Growth: +204.11%
% Growth Rate (NPW) ........................–34.02 % of Market (NPW) .............................0.01 Earned Loss Ratio.............................96.78 Total Expense Ratio ..........................27.98 Combined Loss & Exp. Ratio ..........124.76 Return on Equity .................................0.71
+$54,000 +$70,000
2007:
+$230,000
Fidelity ............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
7,000 11,985,000 —————11,992,000 10,688,000 10,307,000 10,104,000 8,640,000
8,000 11,074,000 —————11,082,000 10,618,000 10,219,000 9,102,000 7,943,000
— 1,525,000 —————1,525,000 1,197,000 –18,000 231,000 1,056,000
2009 Direct Premiums Written: +$18,985,000 2009 Underwriting Performance Summary
Reinsurance Assumed ..................... 114,000 Reinsurance Ceded ....................... 7,107,000 Net Premiums Written ................. 11,992,000 Net Premiums Earned ................. 11,082,000 Net Claims & Adj Exp .................... 1,525,000 Commissions ................................. 6,210,000 Taxes ................................................ 419,000 General Expenses ......................... 1,594,000 Undrwtg. Profit/Loss ...................... 1,334,000 Investment Income ........................... 261,000
Underwriting Result 2009: +$1,334,000 2006: +$1,759,000
2008: 2005:
— 13.77 ———13.76 11.27 –0.18 2.54 13.29
Growth: +4.30%
% Growth Rate (NPW) ..........................12.20 % of Market (NPW) .............................0.03 Earned Loss Ratio.............................13.76 Total Expense Ratio ..........................74.20 Combined Loss & Exp. Ratio ............87.96 Return on Equity .................................7.59
+$1,378,000 +$730,000
2007:
+$2,127,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Insurance for a sound mind, body and soul
Salon Select Insurance Policy An insurance product styled to the needs of Salon, Studio and Parlour Owners. Salon Select Insurance Policy eligible businesses: • Barber Shops • Beauty Parlour/Hair Styling Salons • Day Spas • Ear/Body Piercing Studios • Electrology Offices • Massage Therapy • Nail Salons • Tanning Studios • Tattoo/Permanent Make Up Parlours
Salon Select Insurance Policy highlights: • Coverage for Customers’ Property • Independent Contractors included as Employees • Discounts for Claims Free, Tanning Certification, and Standard First Aid Certificates • Optional Liability Extension for Day Care Services • Optional Professional Liability
www.wawanesa.com Auto – Home – Business – Farm – Life and Group
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
XL INSURANCE
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 Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Total ....................... Boiler & Machinery ............ Liability............................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
6,402,000 6,402,000 4,873,000 296,000 296,000 3,729,000 74,429,000 —————89,729,000 92,738,000 100,801,000 79,130,000 81,215,000
6,612,000 6,612,000 3,397,000 246,000 246,000 5,529,000 73,442,000 —————89,226,000 86,417,000 86,520,000 82,207,000 71,796,000
208,000 208,000 2,698,000 –107,000 –107,000 6,845,000 40,323,000 —————49,967,000 49,341,000 34,278,000 47,423,000 27,430,000
2009 Direct Premiums Written: +$110,514,000 2009 Underwriting Performance Summary
Reinsurance Assumed ..................... 338,000 Reinsurance Ceded ..................... 21,123,000 Net Premiums Written ................. 89,729,000 Net Premiums Earned ................. 89,226,000 Net Claims & Adj Exp .................. 49,967,000 Commissions ................................. 8,338,000 Taxes ............................................. 4,152,000 General Expenses ....................... 16,582,000 Undrwtg. Profit/Loss .................... 10,176,000 Investment Income ........................ 2,114,000
Underwriting Result 2009: +$10,176,000 2006: +$11,943,000
2008: 2005:
3.15 3.15 79.42 –43.50 –43.50 123.80 54.90 ———56.00 57.10 39.62 57.69 38.21
Growth: –2.75%
% Growth Rate (NPW) ..........................–3.24 % of Market (NPW) .............................0.24 Earned Loss Ratio.............................56.00 Total Expense Ratio ..........................32.58 Combined Loss & Exp. Ratio ............88.58 Return on Equity ...............................13.49
+$9,971,000 +$24,857,000
2007:
+$26,342,000
Class
Net Premiums Written $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
ZURICH INSURANCE COMPANY LTD (CANADIAN BRANCH) B-F Alister Campbell, President & C.E.O. 400 University Ave. Toronto ON M5G 1S7 416-586-3000 Fax 416-586-2990 www.zurichcanada.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
— 199,341,000 199,341,000 105,241,000 18,008,000 57,361,000 180,610,000 14,832,000 1,563,000 182,427,000 12,000 221,000 —————579,006,000 615,151,000 659,155,000 676,598,000 665,400,000
— 208,737,000 208,737,000 105,933,000 17,697,000 58,516,000 182,146,000 15,013,000 1,693,000 184,691,000 11,000 199,000 —————592,490,000 611,182,000 671,462,000 664,144,000 622,286,000
25,000 — 137,080,000 65.67 137,105,000 65.68 99,534,000 93.96 39,554,000 223.51 22,676,000 38.75 161,764,000 88.81 3,251,000 21.65 4,554,000 268.99 143,380,000 77.63 –1,149,000 –10,445.45 7,000 3.52 ————————448,912,000 75.77 407,858,000 66.73 484,463,000 72.15 453,551,000 68.29 436,000,000 70.06
2009 Direct Premiums Written: +$819,011,000 2009 Underwriting Performance Summary
Reinsurance Assumed ................ 39,135,000 Reinsurance Ceded ................... 279,140,000 Net Premiums Written ............... 579,006,000 Net Premiums Earned ............... 592,490,000 Net Claims & Adj Exp ................ 448,912,000 Commissions ............................... 58,429,000 Taxes ........................................... 28,725,000 General Expenses ....................... 82,343,000 Undrwtg. Profit/Loss .................. –23,107,000 Investment Income .................... 100,616,000
Underwriting Result 2009: –$23,107,000 2006: +$46,503,000
YORK FIRE & CASUALTY INSURANCE COMPANY
Net Premiums Earned $
2008: 2005:
Growth: –5.19%
% Growth Rate (NPW) ..........................–5.88 % of Market (NPW) .............................1.58 Earned Loss Ratio.............................75.77 Total Expense Ratio ..........................28.61 Combined Loss & Exp. Ratio ..........104.38 Return on Equity .................................9.19
+$31,687,000 +$34,757,000
2007:
+$12,201,000
B-C
Martin Delage, President & COO 7150 Derrycrest Dr Mississauga ON L5W 0E5 905-677-9777 Fax 905-795-0887
Use the score to assess your risk Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Legal Expense ................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
27,056,000 5,013,000 32,069,000 32,026,000 11,129,000 48,603,000 91,758,000 736,000 2,375,000 1,234,000 —————128,172,000 77,677,000 43,468,000 71,520,000 82,605,000
25,387,000 4,288,000 29,675,000 28,156,000 8,423,000 28,206,000 64,785,000 736,000 2,006,000 1,188,000 —————98,390,000 50,735,000 50,738,000 74,719,000 83,144,000
2009 Direct Premiums Written: +$114,539,000 2009 Underwriting Performance Summary
Reinsurance Assumed ................ 87,640,000 Reinsurance Ceded ..................... 74,007,000 Net Premiums Written ............... 128,172,000 Net Premiums Earned ................. 98,390,000 Net Claims & Adj Exp .................. 81,290,000 Commissions ............................... 10,421,000 Taxes ............................................. 3,150,000 General Expenses ....................... 16,679,000 Undrwtg. Profit/Loss .................. –10,748,000 Investment Income ........................ 9,847,000
Underwriting Result 2009: –$10,748,000 2006: –$163,000 114
2008: 2005:
19,379,000 2,479,000 21,858,000 27,939,000 10,482,000 17,574,000 55,995,000 453,000 2,653,000 331,000 —————81,290,000 56,041,000 34,524,000 53,453,000 57,610,000
76.33 57.81 73.66 99.23 124.44 62.31 86.43 61.55 132.25 27.86 ———82.62 110.46 68.04 71.54 69.29
Growth: +16.89%
% Growth Rate (NPW) ..........................65.01 % of Market (NPW) .............................0.35 Earned Loss Ratio.............................82.62 Total Expense Ratio ..........................30.74 Combined Loss & Exp. Ratio ..........113.36 Return on Equity ...............................–0.72
–$37,833,000 +$7,546,000
Baron Index Developed by Baron Actuaries
Powered By Compu-Quote 2007:
–$3,690,000
www.compu-quote.com
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Insurance Risk Management
TM
Visit our website at www.zurichcanada.com/ manufacturing
Providing insurance solutions as efficient as a well-run factory. Zurich’s 50 years of underwriting manufacturing risk in Canada helps us understand the manufacturing sector’s needs. We offer Zurich Protect, a holistic solution which combines Property, Business Interruption, Equipment Breakdown, Production Machinery, Crime and General Liability coverages into a single streamlined policy. It also offers flexible limits and coverage extensions designed specifically for manufacturers. With Zurich’s deep understanding of the manufacturing industry and our global strength, you can be confident you’re receiving an insurance solution developed with experience, expertise and extensive knowledge of your business. For more details about Zurich HelpPoint TM, visit www.zurichcanada.com.
Here to help your world. Because change happenz®, Zurich® and Zurich HelpPointTM are trademarks of Zurich Insurance Company
10-0664 Manufacturing ad_Canadia1 1
2/25/10 9:24:38 AM
2009 REINSURANCE COMPANIES RESULTS Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
ALEA (BERMUDA) LTD
R-F
H. Steven Frye, Chief Agent 200 University Ave, 14th Floor Toronto ON M5H 3C6 416-366-3012 Fax 416-368-0886 sfrye@cooksonwalker.on.ca Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Total ....................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
ASPEN INSURANCE UK LIMITED
R-UK
Scotia Plaza 2100 40 King St W Toronto ON M5H 3C2
19,000 3,000 22,000 18,000 18,000 1,000 1,000 —————42,000 124,000 155,000 –67,000 127,000
19,000 3,000 22,000 18,000 18,000 2,000 1,000 —————43,000 126,000 160,000 –68,000 150,000
2009 Underwriting Performance Summary Reinsurance Assumed ....................... 42,000 Reinsurance Ceded ....................................— Net Premiums Written ........................ 42,000 Net Premiums Earned ........................ 43,000 Net Claims & Adj Exp ....................... 399,000 Commissions .................................... –25,000 Taxes ..........................................................— General Expenses ............................ 371,000 Undrwtg. Profit/Loss ....................... –702,000 Investment Income ........................... 326,000
Underwriting Result 2009: –$702,000 2006: +$630,000
Class
2008: 2005:
–104,000 177,000 73,000 –71,000 –71,000 417,000 –20,000 —————399,000 686,000 –923,000 –1,100,000 –3,870,000
–547.37 5,900.00 331.82 –394.44 –394.44 20,850.00 –2,000.00 ———927.91 544.44 –576.88 1,617.65 –2,580.00
% Growth Rate (NPW) ........................–66.13 % of Market (NPW) .............................0.00 Earned Loss Ratio...........................927.91 Total Expense Ratio ........................804.65 Combined Loss & Exp. Ratio .......1,732.56 Return on Equity ...............................–1.30
Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Total ....................... Liability............................... Marine................................ Total 2009..........................
20,912,000 20,912,000 2,306,000 4,625,000 4,625,000 35,375,000 2,231,000 —————65,449,000
20,201,000 20,201,000 2,359,000 4,621,000 4,621,000 42,996,000 2,390,000 —————72,567,000
22,208,000 22,208,000 720,000 4,647,000 4,647,000 32,531,000 2,113,000 —————62,219,000
2009 Direct Premiums Written: +$29,671,000 2009 Underwriting Performance Summary Reinsurance Assumed ................ 36,628,000 Reinsurance Ceded ....................... 2,850,000 Net Premiums Written ................. 65,449,000 Net Premiums Earned ................. 72,567,000 Net Claims & Adj Exp .................. 62,219,000 Commissions ................................. 6,875,000 Taxes ..........................................................— General Expenses ......................... 5,004,000 Undrwtg. Profit/Loss .................... –1,531,000 Investment Income ........................ 2,616,000
Growth: 0.00%
% Growth Rate (NPW) ............................... — % of Market (NPW) .............................0.18 Earned Loss Ratio.............................85.74 Total Expense Ratio ..........................16.37 Combined Loss & Exp. Ratio ..........102.11 Return on Equity .................................0.84
Underwriting Result 2009: –$1,531,000
–$1,076,000 +$3,265,000
2007:
+$600,000
CAISSE CENTRALE DE REASSURANCE AMERICAN AGRICULTURAL INSURANCE COMPANY
R-US
V.L. Williams, Chief Agent For Canada c/o D.M. Willaims & Associates Ltd. 3650 Victoria Park Ave., Suite 201 Toronto ON M2H 3P7 416-496-1148 Fax 416-496-1089 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Hail .................................... Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
631,000 8,165,000 8,796,000 73,000 190,000 263,000 30,000 728,000 1,000 —————9,818,000 9,170,000 11,058,000 11,272,000 14,257,000
593,000 8,270,000 8,863,000 74,000 190,000 264,000 26,000 728,000 1,000 —————9,882,000 9,419,000 11,149,000 11,580,000 14,098,000
2009 Underwriting Performance Summary Reinsurance Assumed ................ 15,282,000 Reinsurance Ceded ....................... 5,464,000 Net Premiums Written ................... 9,818,000 Net Premiums Earned ................... 9,882,000 Net Claims & Adj Exp .................... 7,513,000 Commissions ................................. 1,546,000 Taxes ..........................................................— General Expenses ............................ 564,000 Undrwtg. Profit/Loss ......................... 259,000 Investment Income ........................ 1,844,000
Underwriting Result 2009: +$259,000 2006: +$6,140,000 116
2008: 2005:
109.94 109.94 30.52 100.56 100.56 75.66 88.41 ———85.74
214,000 6,448,000 6,662,000 625,000 –5,000 620,000 16,000 236,000 –21,000 —————7,513,000 4,420,000 6,687,000 2,867,000 13,562,000
36.09 77.97 75.17 844.59 –2.63 234.85 61.54 32.42 –2,100.00 ———76.03 46.93 59.98 24.76 96.20
% Growth Rate (NPW) ............................7.07 % of Market (NPW) .............................0.03 Earned Loss Ratio.............................76.03 Total Expense Ratio ..........................21.35 Combined Loss & Exp. Ratio ............97.38 Return on Equity .................................5.65
+$2,800,000 –$2,659,000
2007:
+$2,161,000
R-F
Jacques Mailloux, Chief Agent André Fredette, Senior Vice President & General Manager 215 rue Saint-Jacques Bureau 1200 Montreal QC H2Y 1M6 514-878-2600 Fax 514-866-6860 www.ccr.fr jmailloux@jdl.ca Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
5,468,000 12,322,000 17,790,000 831,000 4,646,000 1,384,000 2,328,000 8,358,000 166,000 190,000 17,573,000 1,187,000 — —————46,095,000 39,553,000 40,393,000 44,494,000 47,318,000
5,751,000 11,864,000 17,615,000 750,000 4,737,000 1,310,000 2,438,000 8,485,000 166,000 190,000 17,909,000 1,096,000 — —————46,211,000 40,530,000 41,032,000 43,336,000 47,623,000
2009 Underwriting Performance Summary Reinsurance Assumed ................ 52,753,000 Reinsurance Ceded ....................... 6,658,000 Net Premiums Written ................. 46,095,000 Net Premiums Earned ................. 46,211,000 Net Claims & Adj Exp .................. 32,561,000 Commissions ............................... 11,355,000 Taxes .................................................. 24,000 General Expenses ......................... 2,776,000 Undrwtg. Profit/Loss ....................... –505,000 Investment Income ........................ 4,635,000
Underwriting Result 2009: –$505,000 2006: +$2,393,000
2008: 2005:
4,936,000 10,324,000 15,260,000 756,000 3,571,000 1,343,000 1,047,000 5,961,000 12,000 –7,000 10,093,000 467,000 19,000 —————32,561,000 31,577,000 25,565,000 25,694,000 29,056,000
85.83 87.02 86.63 100.80 75.39 102.52 42.95 70.25 7.23 –3.68 56.36 42.61 — ———70.46 77.91 62.31 59.29 61.01
% Growth Rate (NPW) ..........................16.54 % of Market (NPW) .............................0.12 Earned Loss Ratio.............................70.46 Total Expense Ratio ..........................30.63 Combined Loss & Exp. Ratio ..........101.09 Return on Equity .................................5.74
–$4,373,000 +$2,595,000
2007:
+$1,327,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
COUSEE RE
Earned Loss Ratio %
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
William G. Jonas, 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
— — — — — — — — — —————— — — –23,055,000 139,697,000
— — — — — — — — — —————— — — 29,000 158,440,000
2009 Underwriting Performance Summary
Reinsurance Assumed ..................... 150,000 Reinsurance Ceded .......................... 150,000 Net Premiums Written ................................— Net Premiums Earned ................................— Net Claims & Adj Exp .................. 19,948,000 Commissions ..............................................— Taxes ..........................................................— General Expenses ......................... 2,036,000 Undrwtg. Profit/Loss .................. –21,984,000 Investment Income ...................... 19,201,000
Underwriting Result 2009: –$21,984,000 2006: –$15,720,000
Net Premiums Written $
R-F EVEREST REINSURANCE COMPANY R-US
Carol Desbiens, Chief Agent For Canada 1800 McGill College, Suite 2000 Montreal PQ H3A 3J6 514-842-9262 Fax 514-842-9254 Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Total ....................... Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................
Class
2008: 2005:
–2,682,000 –2,682,000 20,855,000 20,855,000 17,000 –118,000 4,025,000 –378,000 –1,771,000 —————19,948,000 15,400,000 –1,110,000 11,910,000 138,836,000
— — — — — — — — — ———— — — 41,068.97 87.63
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.................................. — Total Expense Ratio ............................... — Combined Loss & Exp. Ratio ................. — Return on Equity .............................–13.61
–$16,977,000 –$24,514,000
2007:
+$197,000
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
9,471,000 41,997,000 51,468,000 1,223,000 26,440,000 3,277,000 29,717,000 651,000 359,000 960,000 41,804,000 5,760,000 471,000 3,644,000 —————136,057,000 101,469,000 142,971,000 157,255,000 145,108,000
9,507,000 41,132,000 50,639,000 1,169,000 25,494,000 3,261,000 28,755,000 662,000 342,000 827,000 40,285,000 5,054,000 483,000 3,644,000 —————131,860,000 111,094,000 152,271,000 154,518,000 141,131,000
2009 Underwriting Performance Summary
Reinsurance Assumed .............. 199,676,000 Reinsurance Ceded ..................... 63,619,000 Net Premiums Written ............... 136,057,000 Net Premiums Earned ............... 131,860,000 Net Claims & Adj Exp .................. 81,632,000 Commissions ............................... 26,553,000 Taxes ..........................................................— General Expenses ......................... 5,558,000 Undrwtg. Profit/Loss .................... 18,117,000 Investment Income ...................... 21,172,000
Underwriting Result 2009: +$18,117,000 2006: +$26,110,000
2008: 2005:
6,916,000 29,198,000 36,114,000 930,000 16,985,000 3,377,000 20,362,000 88,000 190,000 — 20,440,000 2,182,000 80,000 1,246,000 —————81,632,000 86,674,000 69,387,000 87,930,000 106,715,000
72.75 70.99 71.32 79.56 66.62 103.56 70.81 13.29 55.56 — 50.74 43.17 16.56 34.19 ———61.91 78.02 45.57 56.91 75.61
% Growth Rate (NPW) ..........................34.09 % of Market (NPW) .............................0.37 Earned Loss Ratio.............................61.91 Total Expense Ratio ..........................24.35 Combined Loss & Exp. Ratio ............86.26 Return on Equity ...............................12.25
–$3,930,000 –$1,431,000
2007:
+$42,638,000
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
ENDURANCE REINSURANCE CORPORATION OF AMERICA
R-F
Philip Cook, Chief Agent 500 - 36 King St E Toronto ON M5C 1E5 416-361-1728 Fax 416-361-6113 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Legal Expense ................... Liability............................... Surety ................................ Accident & Sickness .......... Total 2009..........................
— –8,000 –8,000 — — — — 101,000 — –37,000 19,000 21,000 —————96,000
— –8,000 –8,000 — — — — 101,000 — –37,000 19,000 21,000 —————96,000
2009 Underwriting Performance Summary
Reinsurance Assumed ..................... 203,000 Reinsurance Ceded .......................... 107,000 Net Premiums Written ........................ 96,000 Net Premiums Earned ........................ 96,000 Net Claims & Adj Exp .................. –2,622,000 Commissions .................................... 290,000 Taxes ..........................................................— General Expenses ............................ 151,000 Undrwtg. Profit/Loss ...................... 2,277,000 Investment Income ........................... 461,000
Underwriting Result 2009: +$2,277,000 118
15,000 –1,404,000 –1,389,000 –562,000 –41,000 –41,000 –35,000 –46,000 –107,000 –138,000 49,000 –353,000 —————–2,622,000
— 17,550.00 17,362.50 — — — — –45.54 — 372.97 257.89 –1,680.95 ———–2,731.25
% Growth Rate (NPW) ............................... — % of Market (NPW) .............................0.00 Earned Loss Ratio......................–2,731.25 Total Expense Ratio ........................459.38 Combined Loss & Exp. Ratio .....–2,271.87 Return on Equity ...............................11.09
Prop. - Personal................. Prop. - Total ....................... Auto. - Liability ................... Auto. - Total ....................... Boiler & Machinery ............ Liability............................... Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
49,611,000 49,611,000 39,813,000 39,813,000 –141,000 18,517,000 26,000 —————107,826,000 146,299,000 134,069,000 136,544,000 130,887,000
56,516,000 56,516,000 40,536,000 40,536,000 –141,000 19,008,000 28,000 —————115,947,000 146,449,000 136,119,000 137,709,000 130,494,000
2009 Underwriting Performance Summary
Reinsurance Assumed .............. 170,752,000 Reinsurance Ceded ..................... 62,926,000 Net Premiums Written ............... 107,826,000 Net Premiums Earned ............... 115,947,000 Net Claims & Adj Exp ................ 107,924,000 Commissions ................................. 9,418,000 Taxes ..........................................................— General Expenses ......................... 8,598,000 Undrwtg. Profit/Loss .................... –9,993,000 Investment Income ...................... 37,363,000
Underwriting Result 2009: –$9,993,000 2006: –$6,795,000
2008: 2005:
45,361,000 45,361,000 48,615,000 48,615,000 — 13,878,000 70,000 —————107,924,000 187,225,000 153,904,000 119,897,000 120,297,000
80.26 80.26 119.93 119.93 — 73.01 250.00 ———93.08 127.84 113.07 87.07 92.19
% Growth Rate (NPW) ........................–26.30 % of Market (NPW) .............................0.29 Earned Loss Ratio.............................93.08 Total Expense Ratio ..........................15.54 Combined Loss & Exp. Ratio ..........108.62 Return on Equity ...............................16.47
–$66,354,000 –$13,746,000
2007:
–$39,622,000
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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
GENERAL REINSURANCE CORPORATION
Earned Loss Ratio %
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 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Liability............................... Surety ................................ Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
1,687,000 33,606,000 35,293,000 1,512,000 6,700,000 — 477,000 7,177,000 83,000 664,000 4,751,000 — 1,538,000 —————51,018,000 37,070,000 56,809,000 52,783,000 55,259,000
1,576,000 31,708,000 33,284,000 1,732,000 6,258,000 — 564,000 6,822,000 84,000 438,000 4,158,000 — 1,416,000 —————47,934,000 43,410,000 52,845,000 55,496,000 66,286,000
2009 Underwriting Performance Summary
Reinsurance Assumed ................ 51,018,000 Reinsurance Ceded ....................................— Net Premiums Written ................. 51,018,000 Net Premiums Earned ................. 47,934,000 Net Claims & Adj Exp .................... 9,108,000 Commissions ................................. 4,642,000 Taxes ................................................ –96,000 General Expenses ....................... 12,180,000 Undrwtg. Profit/Loss .................... 23,049,000 Investment Income ...................... 10,121,000
Underwriting Result 2009: +$23,049,000 2006: +$13,630,000
2008: 2005:
— 8,364,000 8,364,000 468,000 2,611,000 1,819,000 –68,000 4,362,000 19,000 –293,000 –5,240,000 –7,000 1,435,000 —————9,108,000 31,825,000 10,519,000 24,276,000 41,498,000
2007:
— 26.38 25.13 27.02 41.72 — –12.06 63.94 22.62 –66.89 –126.02 — 101.34 ———19.00 73.31 19.91 43.74 62.60
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
49,819,000 49,819,000 269,000 16,487,000 16,487,000 1,053,000 477,000 659,000 20,387,000 11,054,000 212,000 — —————100,417,000 94,250,000 102,708,000 100,953,000 113,016,000
2009 Underwriting Performance Summary
Reinsurance Assumed .............. 123,051,000 Reinsurance Ceded ..................... 22,266,000 Net Premiums Written ............... 100,785,000 Net Premiums Earned ............... 100,417,000 Net Claims & Adj Exp .................. 89,586,000 Commissions ............................... 21,019,000 Taxes ..........................................................— General Expenses ......................... 1,925,000 Undrwtg. Profit/Loss .................. –12,113,000 Investment Income ...................... 19,514,000
Underwriting Result 2009: –$12,113,000 2006: +$24,096,000
2008: 2005:
R-F
48,476,000 48,476,000 –16,000 15,041,000 15,041,000 1,372,000 –350,000 8,000 25,190,000 –374,000 71,000 168,000 —————89,586,000 68,313,000 60,342,000 47,294,000 74,736,000
97.30 97.30 –5.95 91.23 91.23 130.29 –73.38 1.21 123.56 –3.38 33.49 — ———89.21 72.48 58.75 46.85 66.13
% Growth Rate (NPW) ............................7.92 % of Market (NPW) .............................0.27 Earned Loss Ratio.............................89.21 Total Expense Ratio ..........................22.85 Combined Loss & Exp. Ratio ..........112.06 Return on Equity .................................2.99
+$3,478,000 +$7,511,000
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
MAPFRE RE COMPANIA DE REASEGUROS, S.A.
R-US
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Hail .................................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
7,264,000 4,843,000 12,107,000 778,000 143,000 68,000 —————13,096,000 12,830,000 11,695,000 3,587,000 5,859,000
7,151,000 4,766,000 11,917,000 796,000 147,000 68,000 —————12,928,000 12,228,000 10,571,000 5,230,000 5,069,000
2009 Underwriting Performance Summary
Reinsurance Assumed ................ 21,732,000 Reinsurance Ceded ....................... 8,636,000 Net Premiums Written ................. 13,096,000 Net Premiums Earned ................. 12,928,000 Net Claims & Adj Exp .................... 7,756,000 Commissions ................................. 3,393,000 Taxes ..........................................................— General Expenses ............................ 392,000 Undrwtg. Profit/Loss ...................... 1,387,000 Investment Income ........................ 1,392,000
Underwriting Result 2009: +$1,387,000 2006: +$1,498,000
2008: 2005:
4,672,000 3,114,000 7,786,000 –86,000 71,000 –15,000 —————7,756,000 5,460,000 2,995,000 1,641,000 4,252,000
2007:
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
65.33 65.34 65.34 –10.80 48.30 –22.06 ———59.99 44.65 28.33 31.38 83.88
% Growth Rate (NPW) ............................2.07 % of Market (NPW) .............................0.04 Earned Loss Ratio.............................59.99 Total Expense Ratio ..........................29.28 Combined Loss & Exp. Ratio ............89.27 Return on Equity .................................6.26
+$2,676,000 –$1,107,000
2007:
+$5,137,000
MUNICH REINSURANCE AMERICA INC
Laurel E Grant, Chief Agent For Canada c/o D.M. Williams & Associates Ltd. 3650 Victoria Park Ave., Suite 201 Toronto ON M2H 3P7 416-496-1148 Fax 416-496-1089 49,116,000 49,116,000 269,000 16,487,000 16,487,000 873,000 449,000 659,000 20,308,000 12,412,000 212,000 — —————100,785,000 93,389,000 104,970,000 101,558,000 109,721,000
Net Premiums Earned $
+$26,305,000
HANNOVER RUCKVERSICHERUNG AG
Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................ Accident & Sickness ..........
Net Premiums Written $
V. Lorraine Williams, Chief Agent for Canada 3650 Victoria Park Ave., Suite 201 Toronto ON M2H 3P7 416-496-1148 Fax 416-496-1089
% Growth Rate (NPW) ..........................37.63 % of Market (NPW) .............................0.14 Earned Loss Ratio.............................19.00 Total Expense Ratio ..........................34.89 Combined Loss & Exp. Ratio ............53.89 Return on Equity ...............................15.42
–$3,290,000 +$6,342,000
Class
+$17,501,000
Bernie Maingot, Chief Agent 390 Bay St, 22nd Floor Toronto ON M5H 2Y2 416-681-6944 Fax 416-591-8830 www.munichreamerica.com Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Liability............................... Surety ................................ Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Munich Re 208,000 7,838,000 8,046,000 1,000 882,000 — 125,000 1,007,000 — 4,000 — 2,459,000 2,775,000 152,000 — —————14,444,000 14,844,000 22,215,000 10,334,000 25,587,000
208,000 7,591,000 7,799,000 1,000 1,089,000 — 125,000 1,214,000 — 4,000 — 2,728,000 2,798,000 237,000 — —————14,781,000 15,454,000 18,676,000 10,660,000 29,813,000
2009 Underwriting Performance Summary
Reinsurance Assumed ................ 16,487,000 Reinsurance Ceded ....................... 2,043,000 Net Premiums Written ................. 14,444,000 Net Premiums Earned ................. 14,781,000 Net Claims & Adj Exp .................. 24,881,000 Commissions ................................. 2,789,000 Taxes .................................................. 70,000 General Expenses ............................ 649,000 Undrwtg. Profit/Loss .................. –13,608,000 Investment Income ........................ 9,951,000
Underwriting Result 2009: –$13,608,000 2006: –$26,711,000
R-US
2008: 2005:
114,000 17,816,000 17,930,000 130,000 1,186,000 –231,000 894,000 1,849,000 –9,000 –299,000 –60,000 2,447,000 3,044,000 –89,000 –62,000 —————24,881,000 9,268,000 15,346,000 33,972,000 28,932,000
54.81 234.70 229.90 13,000.00 108.91 — 715.20 152.31 — –7,475.00 — 89.70 108.79 –37.55 — ———168.33 59.97 82.17 318.69 97.04
% Growth Rate (NPW) ..........................–2.69 % of Market (NPW) .............................0.04 Earned Loss Ratio...........................168.33 Total Expense Ratio ..........................23.73 Combined Loss & Exp. Ratio ..........192.06 Return on Equity .................................7.09
+$2,575,000 –$1,962,000
2007:
–$1,955,000
119
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
MUNICH REINSURANCE CANADA GROUP MUNICH REINSURANCE COMPANY OF CANADA TEMPLE INSURANCE COMPANY Kenneth B. Irvin, CGA, President & CEO 390 Bay St., 22nd Floor Toronto ON M5H 2Y2 416-366-9206 Fax 416-366-4330 Prop. - Personal................. 23,084,000 22,418,000 Prop. - Commercial............ 109,276,000 108,333,000 Prop. - Total ....................... 132,360,000 130,751,000 Aircraft ............................... — — Auto. - Liability ................... 18,365,000 18,411,000 Auto. - Pers. Acc................ 8,055,000 7,762,000 Auto. - Other ...................... 5,883,000 5,589,000 Auto. - Total ....................... 32,303,000 31,762,000 Boiler & Machinery ............ 4,593,000 5,042,000 Credit ................................. — — Fidelity ............................... 245,000 244,000 Hail .................................... — — Liability............................... 118,897,000 123,345,000 Surety ................................ 3,463,000 2,714,000 Marine................................ — — Accident & Sickness .......... — — ——————————Total 2009.......................... 291,861,000 293,858,000 Total 2008.......................... 289,581,000 292,186,000 Total 2007.......................... 302,928,000 313,593,000 Total 2006.......................... 322,492,000 327,552,000 Total 2005.......................... 334,337,000 348,618,000
Reinsurance Assumed .............. 221,580,000 Reinsurance Ceded ................... 118,995,000 Net Premiums Written ............... 291,861,000 Net Premiums Earned ............... 293,858,000 Net Claims & Adj Exp ................ 184,787,000 Commissions ............................... 67,059,000 Taxes ............................................. 6,220,000 General Expenses ....................... 25,304,000 Undrwtg. Profit/Loss .................... 10,487,000 Investment Income ...................... 82,627,000
Underwriting Result 2009: +$10,487,000 2006: +$71,010,000
2008: 2005:
21,423,000 99,116,000 120,539,000 –301,000 9,178,000 7,362,000 2,678,000 19,218,000 –3,265,000 –1,000 –1,000 27,000 47,662,000 –253,000 –277,000 1,439,000 —————184,787,000 160,012,000 167,835,000 146,997,000 211,768,000
95.56 91.49 92.19 — 49.85 94.85 47.92 60.51 –64.76 — –0.41 — 38.64 –9.32 — — ———62.88 54.76 53.52 44.88 60.75
Growth: –2.04%
% Growth Rate (NPW) ............................0.79 % of Market (NPW) .............................0.78 Earned Loss Ratio.............................62.88 Total Expense Ratio ..........................33.55 Combined Loss & Exp. Ratio ............96.43 Return on Equity ...............................14.71
+$32,895,000 +$18,860,000
2007:
+$36,392,000
MUNICH REINSURANCE COMPANY OF CANADA
R-C
416-366-9206 Fax 416-366-4330 Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
23,084,000 86,702,000 109,786,000 — 18,346,000 8,055,000 5,883,000 32,284,000 4,439,000 245,000 — 37,956,000 3,463,000 — — —————188,173,000 178,579,000 185,239,000 212,070,000 215,903,000
22,418,000 86,019,000 108,437,000 — 18,392,000 7,762,000 5,589,000 31,743,000 4,876,000 244,000 — 38,589,000 2,714,000 — — —————186,603,000 181,984,000 201,465,000 215,529,000 226,720,000
2009 Underwriting Performance Summary
Reinsurance Assumed .............. 253,644,000 Reinsurance Ceded ..................... 65,471,000 Net Premiums Written ............... 188,173,000 Net Premiums Earned ............... 186,603,000 Net Claims & Adj Exp ................ 133,219,000 Commissions ............................... 36,989,000 Taxes ................................................ 145,000 General Expenses ....................... 17,365,000 Undrwtg. Profit/Loss .................... –1,116,000 Investment Income ...................... 58,009,000
Underwriting Result 2009: –$1,116,000 2006: +$34,305,000 120
2008: 2005:
21,424,000 80,557,000 101,981,000 –257,000 8,888,000 7,362,000 2,680,000 18,930,000 –3,232,000 — 27,000 14,513,000 –179,000 –157,000 1,593,000 —————133,219,000 115,301,000 129,251,000 116,245,000 147,314,000
95.57 93.65 94.05 — 48.33 94.85 47.95 59.64 –66.28 — — 37.61 –6.60 — — ———71.39 63.36 64.16 53.93 64.98
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................71.39 Total Expense Ratio ..........................29.21 Combined Loss & Exp. Ratio ..........100.60 Return on Equity ...............................13.77
+$12,724,000 +$6,670,000
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
NIPPONKOA INSURANCE R-F COMPANY LIMITED
2009 Direct Premiums Written: +$189,276,000 2009 Underwriting Performance Summary
Earned Loss Ratio %
2007:
+$13,720,000
R-F
George Petropoulos, Chief Agent c/o St. Paul Fire & Marine Insurance 20 Queen St W, Suite 200 PO Box 5 Toronto ON M5H 3R3 416-601-2543 Fax 416-604-4432 Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
449,000 449,000 126,000 57,000 112,000 295,000 203,000 223,000 —————1,170,000 1,407,000 1,370,000 1,055,000 1,324,000
460,000 460,000 130,000 56,000 113,000 299,000 219,000 225,000 —————1,203,000 1,347,000 1,296,000 1,159,000 1,290,000
–177,000 –177,000 –53,000 –32,000 51,000 –34,000 108,000 215,000 —————112,000 346,000 210,000 –217,000 –744,000
2009 Direct Premiums Written: +$947,000
Growth: –5.11%
2009 Underwriting Performance Summary
Reinsurance Assumed ..................... 248,000 Reinsurance Ceded ............................ 25,000 Net Premiums Written ................... 1,170,000 Net Premiums Earned ................... 1,203,000 Net Claims & Adj Exp ....................... 112,000 Commissions .................................... 253,000 Taxes .................................................. 29,000 General Expenses ............................ 392,000 Undrwtg. Profit/Loss ......................... 417,000 Investment Income ........................... 987,000
Underwriting Result 2009: +$417,000 2006: +$724,000
2008: 2005:
–38.48 –38.48 –40.77 –57.14 45.13 –11.37 49.32 95.56 ———9.31 25.69 16.20 –18.72 –57.67
% Growth Rate (NPW) ........................–16.84 % of Market (NPW) .............................0.00 Earned Loss Ratio...............................9.31 Total Expense Ratio ..........................56.03 Combined Loss & Exp. Ratio ............65.34 Return on Equity .................................4.13
+$336,000 +$1,286,000
2007:
+$461,000
ODYSSEY AMERICA REINSURANCE CORPORATION
R-US
Lambert Morvan, Senior Vice President & Chief Agent 55 University Ave., Suite 1600 Toronto ON M5J 2H7 416-862-0162 Fax 416-367-3248 www.odysseyre.com
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
8,047,000 19,348,000 27,395,000 67,000 3,575,000 2,225,000 5,800,000 114,000 102,000 3,907,000 5,935,000 1,825,000 35,000 — —————45,180,000 43,801,000 49,177,000 40,353,000 66,939,000
8,007,000 19,618,000 27,625,000 79,000 3,497,000 2,304,000 5,801,000 114,000 102,000 3,907,000 5,850,000 1,854,000 35,000 — —————45,367,000 45,487,000 48,501,000 46,934,000 67,316,000
2009 Underwriting Performance Summary
Reinsurance Assumed ................ 45,180,000 Reinsurance Ceded ....................................— Net Premiums Written ................. 45,180,000 Net Premiums Earned ................. 45,367,000 Net Claims & Adj Exp .................. 27,690,000 Commissions ................................. 9,362,000 Taxes ..........................................................— General Expenses ......................... 2,681,000 Undrwtg. Profit/Loss ...................... 5,634,000 Investment Income ...................... 15,806,000
Underwriting Result 2009: +$5,634,000 2006: +$4,716,000
2008: 2005:
6,155,000 17,206,000 23,361,000 20,000 –1,978,000 2,308,000 330,000 1,000 –13,000 449,000 2,560,000 1,301,000 –159,000 –160,000 —————27,690,000 34,702,000 26,364,000 27,937,000 49,202,000
76.87 87.71 84.56 25.32 –56.56 100.17 5.69 0.88 –12.75 11.49 43.76 70.17 –454.29 — ———61.04 76.29 54.36 59.52 73.09
% Growth Rate (NPW) ............................3.15 % of Market (NPW) .............................0.12 Earned Loss Ratio.............................61.04 Total Expense Ratio ..........................26.55 Combined Loss & Exp. Ratio ............87.59 Return on Equity ...............................12.68
–$43,000 +$545,000
2007:
+$8,660,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
PARIS RE
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006..........................
10,235,000 10,235,000 1,275,000 21,314,000 21,314,000 — — 3,714,000 11,066,000 3,845,000 –13,000 366,000 —————51,802,000 40,779,000 53,432,000 83,773,000
10,330,000 10,330,000 612,000 22,482,000 22,482,000 — — 3,634,000 11,042,000 3,819,000 –13,000 366,000 —————52,272,000 52,093,000 55,069,000 63,288,000
Reinsurance Assumed .............. 114,310,000 Reinsurance Ceded ..................... 62,508,000 Net Premiums Written ................. 51,802,000 Net Premiums Earned ................. 52,272,000 Net Claims & Adj Exp .................. 48,183,000 Commissions ................................. 4,627,000 Taxes ..........................................................— General Expenses ......................... 6,626,000 Undrwtg. Profit/Loss .................... –7,164,000 Investment Income ........................ 9,863,000
Underwriting Result 2009: –$7,164,000 2006: +$9,463,000
2008:
10,749,000 10,749,000 391,000 22,452,000 22,452,000 37,000 723,000 2,010,000 7,605,000 4,769,000 –396,000 –157,000 —————48,183,000 56,045,000 30,187,000 42,355,000
104.06 104.06 63.89 99.87 99.87 — — 55.31 68.87 124.88 3,046.15 –42.90 ———92.18 107.59 54.82 66.92
% Growth Rate (NPW) ..........................27.03 % of Market (NPW) .............................0.14 Earned Loss Ratio.............................92.18 Total Expense Ratio ..........................21.53 Combined Loss & Exp. Ratio ..........113.71 Return on Equity .................................5.32
–$15,631,000
2007:
+$7,617,000
PARTNER REINSURANCE EUROPE LIMITED
R-F
Francis Blumberg, Chief Agent The Exchange Tower, Suite 2300 130 King St. W., P.O. Box 166 Toronto ON M5X 1C7 416-861-0033 Fax 416-861-0200 www.partnerre.com
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
18,563,000 54,883,000 73,446,000 1,871,000 1,231,000 543,000 36,000 1,810,000 2,874,000 –21,000 — 10,790,000 7,412,000 5,040,000 70,000 —————103,292,000 104,629,000 124,350,000 127,417,000 148,892,000
19,926,000 56,954,000 76,880,000 1,721,000 2,112,000 1,009,000 64,000 3,185,000 2,829,000 –21,000 — 10,790,000 8,034,000 4,696,000 70,000 —————108,184,000 104,278,000 132,122,000 131,699,000 151,551,000
Reinsurance Assumed .............. 109,912,000 Reinsurance Ceded ....................... 6,620,000 Net Premiums Written ............... 103,292,000 Net Premiums Earned ............... 108,184,000 Net Claims & Adj Exp .................. 72,885,000 Commissions ............................... 29,280,000 Taxes ..........................................................— General Expenses ......................... 6,559,000 Undrwtg. Profit/Loss ....................... –540,000 Investment Income ...................... 13,096,000
122
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
R-C
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
41,762,000 39,802,000 81,564,000 8,554,000 705,000 15,656,000 24,915,000 4,369,000 65,000 —————110,913,000 88,630,000 120,930,000 110,150,000 108,582,000
38,786,000 39,045,000 77,831,000 8,394,000 690,000 15,569,000 24,653,000 4,207,000 62,000 —————106,753,000 102,995,000 116,013,000 106,329,000 100,389,000
2009 Direct Premiums Written: +$16,876,000 2009 Underwriting Performance Summary
Reinsurance Assumed .............. 126,411,000 Reinsurance Ceded ..................... 32,374,000 Net Premiums Written ............... 110,913,000 Net Premiums Earned ............... 106,753,000 Net Claims & Adj Exp .................. 70,919,000 Commissions ............................... 21,497,000 Taxes ................................................ 565,000 General Expenses ......................... 9,292,000 Undrwtg. Profit/Loss ...................... 4,480,000 Investment Income ........................ 2,173,000
Underwriting Result 2009: +$4,480,000 2005: +$8,091,000
2008:
26,151,000 31,619,000 57,770,000 4,606,000 590,000 4,396,000 9,592,000 3,557,000 — —————70,919,000 87,836,000 81,141,000 80,137,000 64,913,000
67.42 80.98 74.22 54.87 85.51 28.24 38.91 84.55 — ———66.43 85.28 69.94 75.37 64.66
Growth: +69.13%
% Growth Rate (NPW) ..........................25.14 % of Market (NPW) .............................0.30 Earned Loss Ratio.............................66.43 Total Expense Ratio ..........................29.37 Combined Loss & Exp. Ratio ............95.80 Return on Equity .................................4.60
–$10,406,000
2006:
SCOR CANADA REINSURANCE COMPANY
–$6,016,000
R-C
Henry Klecan Jr., President & C.E.O. TD Canada Trust Tower, Brookfield Place 161 Bay St., Suite 5000 Toronto ON M5J 2S1 416-869-3670 Fax 416-365-9393
2009 Underwriting Performance Summary
Underwriting Result 2009: –$540,000 2006: +$22,206,000
Net Premiums Earned $
2000 boulevard Le bourneuf bureau 400 Quebec PQ G2K 0B6 418-840-1313 Fax 418-840-9900 www.promutuel.ca liliane.breton@promutuel.ca
2009 Underwriting Performance Summary
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................
Net Premiums Written $
R-F PROMUTUEL REASSURANCE
Carol Desbiens, Chief Agent for Canada 1800 McGill College Suite 2000 Montreal PQ H3A 3J6 514-842-9262 Fax 514-842-9254 Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Total ....................... Credit ................................. Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................ Accident & Sickness ..........
Class
2008: 2005:
15,446,000 48,764,000 64,210,000 1,431,000 2,690,000 –1,854,000 –1,503,000 –667,000 53,000 273,000 4,000 676,000 5,462,000 1,439,000 4,000 —————72,885,000 63,797,000 74,826,000 57,796,000 78,794,000
77.52 85.62 83.52 83.15 127.37 –183.75 –2,348.44 –20.94 1.87 –1,300.00 — 6.27 67.99 30.64 5.71 ———67.37 61.18 56.63 43.88 51.99
% Growth Rate (NPW) ..........................–1.28 % of Market (NPW) .............................0.28 Earned Loss Ratio.............................67.37 Total Expense Ratio ..........................33.13 Combined Loss & Exp. Ratio ..........100.50 Return on Equity .................................7.88
+$2,618,000 +$17,552,000
2007:
+$12,947,000
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
951,000 101,723,000 102,674,000 — 13,522,000 — 8,394,000 21,916,000 490,000 — 913,000 19,747,000 2,904,000 –136,000 — —————148,508,000 87,396,000 97,838,000 96,457,000 85,230,000
1,808,000 104,456,000 106,264,000 — 13,504,000 — 8,047,000 21,551,000 553,000 — 832,000 14,610,000 2,203,000 –1,000 — —————146,012,000 87,952,000 96,765,000 90,898,000 76,062,000
2009 Underwriting Performance Summary
Reinsurance Assumed .............. 172,216,000 Reinsurance Ceded ..................... 23,708,000 Net Premiums Written ............... 148,508,000 Net Premiums Earned ............... 146,012,000 Net Claims & Adj Exp ................ 106,704,000 Commissions ............................... 33,679,000 Taxes ..........................................................— General Expenses ......................... 7,302,000 Undrwtg. Profit/Loss .................... –1,673,000 Investment Income ...................... 15,380,000
Underwriting Result 2009: –$1,673,000 2006: –$1,670,000
2008: 2005:
2,397,000 132.58 70,073,000 67.08 72,470,000 68.20 –221,000 — 9,791,000 72.50 –823,000 — 7,324,000 91.02 16,292,000 75.60 160,000 28.93 –431,000 — 160,000 19.23 18,553,000 126.99 1,710,000 77.62 –1,983,000 198,300.00 –6,000 — ————————106,704,000 73.08 52,890,000 60.14 62,107,000 64.18 58,122,000 63.94 47,509,000 62.46
% Growth Rate (NPW) ..........................69.93 % of Market (NPW) .............................0.40 Earned Loss Ratio.............................73.08 Total Expense Ratio ..........................28.07 Combined Loss & Exp. Ratio ..........101.15 Return on Equity .................................5.43
+$2,682,000 –$4,262,000
2007:
+$785,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Š Getty Images
CHARTS ITS COURSE Profit & Losses 2009 Gross written premiums Net earned premiums Investment income (gross of expenses) Operating income Net income
Constancy is a strength
in E millions
6,379 5,763 503 372 370
SCOR is the 5th largest reinsurer in the world, practicing a traditional and cautious business approach combined with conservative financial management. SCOR’S business strategy is based on a tripleengine approach, its engines consisting of SCOR Global P&C, SCOR Global Life and SCOR Global Investments, as well as on strong sectorial and geographical diversification. SCOR provides its clients with cutting-edge technical services throughout the world in order to meet their security expectations.
SCOP003_CORP-TAB_CANAD-UND_8,125X10,875_GB.indd 1
22/04/10 14:38:04
Net Premiums Written $
Class
Net Claims and Adjusting Expenses $
Net Premiums Earned $
SWISS REINSURANCE GROUP
Earned Loss Ratio %
R-F
SWISS REINSURANCE COMPANY LTD WESTPORT INSURANCE CORPORATION Jean-Jacques Henchoz, President & C.E.O. 150 King St. W., Suite 2200 P.O. Box 50 Toronto ON M5H 1J9 416-408-5945 Fax 416-408-4222 www.swissre.com/canada Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
6,920,000 72,439,000 79,359,000 10,339,000 4,016,000 1,583,000 1,732,000 7,331,000 2,527,000 1,479,000 49,000 –31,000 23,140,000 9,298,000 1,671,000 2,334,000 —————137,496,000 143,715,000 228,310,000 287,615,000 148,262,000
6,218,000 34,180,000 40,398,000 8,624,000 2,182,000 3,000,000 –170,000 5,012,000 390,000 722,000 21,000 10,000 21,756,000 –85,000 –80,000 1,000 —————76,769,000 106,003,000 140,700,000 133,934,000 209,653,000
2009 Direct Premiums Written: +$91,493,000 2009 Underwriting Performance Summary
Underwriting Result 2009: +$19,091,000 2006: +$57,663,000
2008: 2005:
Net Premiums Written $
Net Premiums Earned $
88.14 51.69 55.20 79.95 53.18 189.39 –9.76 67.47 20.39 41.16 19.27 –34.48 62.30 –1.21 –8.80 0.03 ———54.33 52.59 53.06 46.18 122.04
Growth: +12.66%
% Growth Rate (NPW) ..........................–4.33 % of Market (NPW) .............................0.37 Earned Loss Ratio.............................54.33 Total Expense Ratio ..........................32.16 Combined Loss & Exp. Ratio ............86.49 Return on Equity .................................6.95
Earned Loss Ratio %
SWISS REINSURANCE COMPANY LTD. R-F
+$30,475,000 –$97,112,000
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
2007:
+$49,054,000
6,920,000 53,632,000 60,552,000 3,469,000 4,131,000 1,476,000 1,732,000 7,339,000 315,000 1,479,000 49,000 –31,000 14,257,000 820,000 554,000 2,334,000 —————91,137,000 118,675,000 39,197,000 34,277,000 36,882,000
7,055,000 54,262,000 61,317,000 3,483,000 4,247,000 1,477,000 1,741,000 7,465,000 319,000 1,497,000 48,000 –29,000 13,600,000 820,000 561,000 3,279,000 —————92,360,000 84,986,000 36,814,000 33,182,000 43,464,000
2009 Underwriting Performance Summary Reinsurance Assumed .............. 460,542,000 Reinsurance Ceded ................... 369,405,000 Net Premiums Written ................. 91,137,000 Net Premiums Earned ................. 92,360,000 Net Claims & Adj Exp .................. 51,739,000 Commissions ............................... 12,142,000 Taxes ..........................................................— General Expenses ....................... 18,936,000 Undrwtg. Profit/Loss ...................... 9,543,000 Investment Income ...................... 38,718,000
Underwriting Result 2009: +$9,543,000 2006: +$19,728,000
www.compu-quote.com
2008: –$1,560,000 2005: –$114,821,000
Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Liability............................... Surety ................................ Marine................................
18,807,000 18,807,000 6,870,000 –115,000 107,000 — –8,000 2,212,000 — — 8,883,000 8,478,000 1,117,000 —————46,359,000 24,810,000 64,208,000 120,005,000 165,256,000
11,864,000 11,864,000 7,304,000 –144,000 107,000 — –37,000 1,594,000 257,000 61,000 21,323,000 6,228,000 348,000 —————48,942,000 71,033,000 95,335,000 141,789,000 182,602,000
2009 Direct Premiums Written: +$91,493,000 2009 Underwriting Performance Summary
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88.14 53.65 57.62 74.88 43.00 189.23 –9.25 59.75 14.11 48.23 43.75 –34.48 59.25 30.61 41.35 0.03 ———56.02 70.37 23.39 6.04 335.13
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................56.02 Total Expense Ratio ..........................33.65 Combined Loss & Exp. Ratio ............89.67 Return on Equity .................................8.91
2007:
+$16,901,000
WESTPORT INSURANCE CORPORATION
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
Developed with
6,218,000 29,113,000 35,331,000 2,608,000 1,826,000 2,795,000 –161,000 4,460,000 45,000 722,000 21,000 10,000 8,058,000 251,000 232,000 1,000 —————51,739,000 59,805,000 8,610,000 2,004,000 145,663,000
D-US
Stephen J. Ritter, FCIP, CRM, Senior Vice President & Chief Agent In Canada 150 King St W, Suite 1000 Toronto ON M5H 1J9 416-217-5576 Fax 416-847-3698
SEE each risk and validate prior to quoting
124
Net Claims and Adjusting Expenses $
Jean-Jacques Henchoz, Chief Agent 150 King St. W., Suite 2200 P.O. Box 50 Toronto ON M5H 1J9 416-408-5945 Fax 416-408-4222 www.swissre.com/canada
7,055,000 66,126,000 73,181,000 10,787,000 4,103,000 1,584,000 1,741,000 7,428,000 1,913,000 1,754,000 109,000 –29,000 34,923,000 7,048,000 909,000 3,279,000 —————141,302,000 201,569,000 265,176,000 289,998,000 171,788,000
Reinsurance Assumed .............. 442,944,000 Reinsurance Ceded ................... 396,941,000 Net Premiums Written ............... 137,496,000 Net Premiums Earned ............... 141,302,000 Net Claims & Adj Exp .................. 76,769,000 Commissions ............................... 17,748,000 Taxes ............................................. 3,048,000 General Expenses ....................... 24,646,000 Undrwtg. Profit/Loss .................... 19,091,000 Investment Income ...................... 44,349,000
Class
Reinsurance Assumed ................ 33,719,000 Reinsurance Ceded ..................... 78,853,000 Net Premiums Written ................. 46,359,000 Net Premiums Earned ................. 48,942,000 Net Claims & Adj Exp .................. 25,030,000 Commissions ................................. 5,606,000 Taxes ............................................. 3,048,000 General Expenses ......................... 5,710,000 Undrwtg. Profit/Loss ...................... 9,548,000 Investment Income ........................ 5,631,000
Underwriting Result 2009: +$9,548,000 2006: –$7,066,000
2008: 2005:
5,067,000 5,067,000 6,016,000 356,000 205,000 –9,000 552,000 345,000 — — 13,698,000 –336,000 –312,000 —————25,030,000 31,260,000 92,227,000 106,225,000 119,778,000
42.71 42.71 82.37 –247.22 191.59 — –1,491.89 21.64 — — 64.24 –5.39 –89.66 ———51.14 44.01 96.74 74.92 65.60
Growth: +14.98%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................51.14 Total Expense Ratio ..........................29.35 Combined Loss & Exp. Ratio ............80.49 Return on Equity .................................2.69
+$19,477,000 +$11,145,000
2007:
–$18,654,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
Earned Loss Ratio %
Steven Frye, Chief Agent 200 University Ave, 14th Floor Toronto ON M5H 3C6 www.theinsco.com sfrye@cooksonwalker.on.ca
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
2,000 2,000 17,000 —————19,000 50,000 63,000 100,000 145,000
3,000 3,000 29,000 —————32,000 43,000 91,000 125,000 216,000
–2,000 –2,000 –41,000 —————–43,000 26,000 21,000 –120,000 103,000
2009 Direct Premiums Written: +$22,000 Reinsurance Assumed ...............................— Reinsurance Ceded .............................. 3,000 Net Premiums Written ........................ 19,000 Net Premiums Earned ........................ 32,000 Net Claims & Adj Exp ....................... –43,000 Commissions ........................................ 3,000 Taxes .................................................... 1,000 General Expenses ............................ 139,000 Undrwtg. Profit/Loss ......................... –68,000 Investment Income ........................... 103,000
Underwriting Result 2009: –$68,000 2006: +$103,000
2008: 2005:
–66.67 –66.67 –141.38 ———–134.38 60.47 23.08 –96.00 47.69
Growth: –60.00%
2009 Underwriting Performance Summary
% Growth Rate (NPW) ........................–62.00 % of Market (NPW) .............................0.00 Earned Loss Ratio.........................–134.38 Total Expense Ratio ........................446.88 Combined Loss & Exp. Ratio ..........312.50 Return on Equity .................................0.94
–$120,000 –$33,000
2007:
–$80,000
R-F
Caroline Kane, Senior Vice-President & Chief Agent in Canada 200 King St West, Suite 1001 PO Box 41 Toronto ON M5H 3T4 416-366-5888 Fax 416-366-7444 www.toare.com
Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
7,169,000 4,866,000 12,035,000 9,906,000 9,906,000 81,000 — 13,021,000 211,000 1,902,000 —————37,156,000 27,420,000 40,082,000 39,488,000 37,697,000
6,519,000 4,355,000 10,874,000 9,924,000 9,924,000 81,000 — 12,956,000 211,000 1,898,000 —————35,944,000 28,374,000 40,477,000 40,294,000 39,618,000
2009 Underwriting Performance Summary
Reinsurance Assumed ................ 49,192,000 Reinsurance Ceded ..................... 12,036,000 Net Premiums Written ................. 37,156,000 Net Premiums Earned ................. 35,944,000 Net Claims & Adj Exp .................. 26,253,000 Commissions ................................. 6,489,000 Taxes ..........................................................— General Expenses ......................... 2,940,000 Undrwtg. Profit/Loss ......................... 262,000 Investment Income ........................ 8,019,000
Underwriting Result 2009: +$262,000 2006: +$2,960,000
2008: 2005:
Net Premiums Earned $
Earned Loss Ratio %
R-US
Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Other ...................... Auto. - Total ....................... Boiler & Machinery ............ Credit ................................. Fidelity ............................... Liability............................... Surety ................................ Marine................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
72,956,000 72,956,000 110,000 12,355,000 494,000 12,849,000 508,000 93,000 904,000 22,435,000 9,200,000 50,000 —————119,105,000 88,261,000 108,293,000 102,123,000 91,563,000
67,407,000 67,407,000 109,000 12,685,000 473,000 13,158,000 466,000 93,000 975,000 23,054,000 8,309,000 60,000 —————113,631,000 94,119,000 107,001,000 98,364,000 88,584,000
Reinsurance Assumed .............. 271,273,000 Reinsurance Ceded ..................... 52,168,000 Net Premiums Written ............... 119,105,000 Net Premiums Earned ............... 113,631,000 Net Claims & Adj Exp .................. 69,895,000 Commissions ............................... 23,740,000 Taxes .................................................... 5,000 General Expenses ......................... 3,446,000 Undrwtg. Profit/Loss .................... 16,545,000 Investment Income ...................... 19,325,000
Underwriting Result 2009: +$16,545,000 2006: +$24,111,000
2008: 2005:
48,868,000 48,868,000 14,000 7,150,000 343,000 7,493,000 –162,000 452,000 1,078,000 11,071,000 1,014,000 67,000 —————69,895,000 36,442,000 46,958,000 48,881,000 53,133,000
72.50 72.50 12.84 56.37 72.52 56.95 –34.76 486.02 110.56 48.02 12.20 111.67 ———61.51 38.72 43.89 49.69 59.98
% Growth Rate (NPW) ..........................34.95 % of Market (NPW) .............................0.32 Earned Loss Ratio.............................61.51 Total Expense Ratio ..........................23.93 Combined Loss & Exp. Ratio ............85.44 Return on Equity .................................8.66
+$34,893,000 +$13,637,000
2007:
+$32,728,000
WHITE MOUNTAINS REINSURANCE COMPANY OF AMERICA 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 4,473,000 4,049,000 8,522,000 9,793,000 9,793,000 42,000 7,000 6,952,000 13,000 924,000 —————26,253,000 24,222,000 20,754,000 28,659,000 32,021,000
68.61 92.97 78.37 98.68 98.68 51.85 — 53.66 6.16 48.68 ———73.04 85.37 51.27 71.12 80.82
% Growth Rate (NPW) ..........................35.51 % of Market (NPW) .............................0.10 Earned Loss Ratio.............................73.04 Total Expense Ratio ..........................26.23 Combined Loss & Exp. Ratio ............99.27 Return on Equity .................................9.75
–$3,387,000 –$1,537,000
Net Claims and Adjusting Expenses $
Cameron MacDonald, Chief Agent For Canada 145 Wellington St. W. Toronto ON M5J 1H8 416-649-5301 Fax 416-971-8782 http://www.transre.com cmacdonald@transre.com
2009 Underwriting Performance Summary
THE TOA REINSURANCE COMPANY OF AMERICA
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Total ....................... Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Marine................................
Net Premiums Written $
R-US TRANSATLANTIC REINSURANCE COMPANY
T.H.E. INSURANCE COMPANY
Auto. - Liability ................... Auto. - Total ....................... Liability...............................
Class
2007:
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
+$9,432,000
Prop. - Personal................. Prop. - Commercial............ Prop. - Total ....................... Auto. - Liability ................... Auto. - Other ...................... Auto. - Total ....................... Fidelity ............................... Hail .................................... Liability............................... Surety ................................ Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
2,118,000 3,144,000 5,262,000 502,000 425,000 927,000 — 105,000 454,000 — —————6,748,000 7,812,000 16,517,000 24,173,000 15,196,000
2,108,000 3,417,000 5,525,000 483,000 426,000 909,000 — 95,000 458,000 — —————6,987,000 8,416,000 21,237,000 21,739,000 17,277,000
2009 Underwriting Performance Summary
Reinsurance Assumed ................ 12,145,000 Reinsurance Ceded ....................... 5,397,000 Net Premiums Written ................... 6,748,000 Net Premiums Earned ................... 6,987,000 Net Claims & Adj Exp .................... 1,071,000 Commissions ................................. 1,655,000 Taxes ..........................................................— General Expenses ......................... 1,515,000 Undrwtg. Profit/Loss ...................... 2,746,000 Investment Income ........................ 3,004,000
Underwriting Result 2009: +$2,746,000 2006: +$10,283,000
2008: 2005:
547,000 1,423,000 1,970,000 –1,907,000 710,000 –1,197,000 –1,000 –5,000 297,000 7,000 —————1,071,000 8,647,000 6,572,000 4,079,000 9,765,000
25.95 41.64 35.66 –394.82 166.67 –131.68 — –5.26 64.85 — ———15.33 102.74 30.95 18.76 56.52
% Growth Rate (NPW) ........................–13.62 % of Market (NPW) .............................0.02 Earned Loss Ratio.............................15.33 Total Expense Ratio ..........................45.37 Combined Loss & Exp. Ratio ............60.70 Return on Equity .................................7.02
–$4,018,000 +$3,282,000
2007:
+$7,581,000
125
Class
Net Premiums Written $
Net Premiums Earned $
Net Claims and Adjusting Expenses $
XL REINSURANCE AMERICA, INC CANADIAN BRANCH
Earned Loss Ratio %
R-F
Christopher Colle, Branch Director and Chief Agent Scotia Plaza, 100 Yonge St. Suite 1702 Toronto ON M5C 2W1 416-598-1084 Fax 416-598-1980 www.xlre.com michelle.mcmann@xlgroup.com Prop. - Commercial............ Prop. - Total ....................... Aircraft ............................... Auto. - Liability ................... Auto. - Total ....................... Fidelity ............................... Liability............................... Surety ................................ Accident & Sickness .......... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
26,272,000 26,272,000 2,000 2,047,000 2,047,000 35,000 44,337,000 –52,000 — —————72,641,000 90,912,000 104,627,000 121,002,000 85,798,000
31,801,000 31,801,000 2,000 2,381,000 2,381,000 11,000 51,449,000 –52,000 — —————85,592,000 93,555,000 109,212,000 102,329,000 83,458,000
2009 Direct Premiums Written: +$40,953,000 2009 Underwriting Performance Summary Reinsurance Assumed ................ 32,095,000 Reinsurance Ceded .......................... 407,000 Net Premiums Written ................. 72,641,000 Net Premiums Earned ................. 85,592,000 Net Claims & Adj Exp .................. 60,338,000 Commissions ............................... 19,816,000 Taxes ............................................. 1,556,000 General Expenses ....................... 10,301,000 Undrwtg. Profit/Loss .................... –5,497,000 Investment Income ...................... 27,162,000
Underwriting Result 2009: –$5,497,000 2006: +$14,896,000
2008: 2005:
Class
Net Premiums Written $
Net Claims and Adjusting Expenses $
Net Premiums Earned $
SASKATCHEWAN AUTO FUND 20,870,000 20,870,000 –94,000 3,634,000 3,634,000 4,000 36,831,000 –901,000 –6,000 —————60,338,000 57,118,000 42,268,000 54,863,000 59,034,000
65.63 65.63 –4,700.00 152.62 152.62 36.36 71.59 1,732.69 — ———70.49 61.05 38.70 53.61 70.73
Growth: –23.69%
% Growth Rate (NPW) ........................–20.10 % of Market (NPW) .............................0.20 Earned Loss Ratio.............................70.49 Total Expense Ratio ..........................37.00 Combined Loss & Exp. Ratio ..........107.49 Return on Equity .................................9.79
+$981,000 –$2,668,000
2009 PROVINCIAL GOVERNMENT INSURERS
2007:
+$25,665,000
Earned Loss Ratio %
G-C
Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax 306-565-8666 www.sgi.sk.ca Auto. - Liability ................... Auto. - Pers. Acc................ Auto. - Other ...................... Auto. - Total ....................... Total 2009.......................... Total 2008.......................... Total 2007.......................... Total 2006.......................... Total 2005..........................
12,979,000 217,277,000 421,163,000 651,419,000 —————651,419,000 610,492,000 559,246,000 560,432,000 519,691,000
12,565,000 210,321,000 407,673,000 630,559,000 —————630,559,000 587,918,000 557,087,000 542,204,000 519,954,000
–12,890,000 216,838,000 389,953,000 593,901,000 —————593,901,000 550,890,000 532,217,000 449,072,000 460,208,000
2009 Direct Premiums Written: +$653,672,000 2009 Underwriting Performance Summary Reinsurance Assumed ...............................— Reinsurance Ceded ....................... 2,253,000 Net Premiums Written ............... 651,419,000 Net Premiums Earned ............... 630,559,000 Net Claims & Adj Exp ................ 593,901,000 Commissions ............................... 31,355,000 Taxes ........................................... 31,640,000 General Expenses ....................... 63,751,000 Undrwtg. Profit/Loss .................. –90,088,000 Investment Income ...................... 31,050,000
Underwriting Result 2009: –$90,088,000 2006: +$2,240,000
2008: 2005:
–102.59 103.10 95.65 94.19 ———94.19 93.70 95.54 82.82 88.51
Growth: +6.68%
% Growth Rate (NPW) ............................... — % of Market (NPW) ................................ — Earned Loss Ratio.............................94.19 Total Expense Ratio ..........................20.10 Combined Loss & Exp. Ratio ..........114.29 Return on Equity .............................–19.51
–$80,304,000 –$26,474,000
2007:
–$80,115,000
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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
"
2009 LIFE INSURANCE IN CANADA AETNA LIFE INSURANCE COMPANY
Colleen Sexsmith, Chief Agent 1145 Nicholson Rd, Unit 2 Newmarket ON L3Y 9C3 905-853-0858 Fax 905-853-0183 Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................ Non-Participating In Canada Business Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Group A&S Premiums Written ...................................................................
AMERICAN HEALTH AND LIFE INSURANCE COMPANY
Henryka Anderson, Chief Agent 355 Wellington St London ON N6A 3N7 519-680-4738 Fax 866-897-8985 Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................ Non-Participating In Canada Business Individual Life Premiums Written ............................................................... Group Life Premiums Written ....................................................................
ASSURANT LIFE OF CANADA
500-5160 Yonge St Toronto ON M2N 7C7 Fax 416-733-7826 Toll Free 800-561-3232 Key Metrics (Canada) Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ............................................................................................... Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual Annuity Premiums Written ......................................................... Group Annuity Premiums Written ..............................................................
AXA ASSURANCES INC.
Jean-Francois Blais, President and Chief Executive Officer Robert Landry, Executive Vice President, Life Insurance and Financial Services 514-282-1914 Fax 514-282-9871
Key Metrics (Canada) Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ............................................................................................... Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual Annuity Premiums Written ......................................................... Individual A&S Premiums Written.............................................................. Group A&S Premiums Written ...................................................................
Life 2 CANASSURANCE INSURANCE COMPANY
59,997,000 16,327,000 42,364,000 –1,332,000 1,540,000 55,000 –501,000 –866,000
Life 2
CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
87,459,000 54,753,000 32,706,000 35,750,000 385,000 975,000 2,044,000 24,345,000 2,788,000
CIGNA LIFE INSURANCE COMPANY OF CANADA
115,065,000 27,155,000 84,748,000 –1,399,000 15,493,000 42,000 –1,441,000
Life 1
Life 1
M. Eman Hassan, President & CEO 55 Town Centre Court, Suite 606 Scarborough ON M1P 4X4 416-290-6666 Fax 416-290-0726
Key Metrics (Canada) Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Group Life Premiums Written .................................................................... Group A&S Premiums Written ...................................................................
41,272,000 25,673,000 15,599,000 11,985,000 2,379,000 714,000 11,271,000
COMBINED INSURANCE COMPANY OF AMERICA 812,834,000 742,337,000 70,497,000 148,708,000 –31,970,000 19,892,000 36,760,000 20,499,000 71,557,000
Life 1
7300 Warden Ave, Suite 300 Markham ON L3R 0X3 Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................ Non-Participating In Canada Business Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual A&S Premiums Written.............................................................. Group A&S Premiums Written ...................................................................
CONNECTICUT GENERAL LIFE INSURANCE COMPANY 784,200,000 671,063,000 113,137,000 130,839,000 11,924,000 53,433,000 6,025,000 4,841,000 19,153,000 47,387,000
CANADIAN PREMIER LIFE INSURANCE COMPANY Life 1 Isaac Sananes, B.A. ALHC, President & CEO 80 Tiverton Court, 5th Floor Markham ON L3R 0G4 905-948-2103 Fax 905-479-3224 Key Metrics (Canada) Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual A&S Premiums Written.............................................................. Group A&S Premiums Written ...................................................................
Life 1
Claude Boivin, CA, President and CEO 550 rue Sherbrooke ouest Montreal QC H3A 3S3 514-286-8400 Fax 514-286-8475 www.qc.croixbleue.ca www.qc.bluecross.ca Key Metrics (Canada) Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual A&S Premiums Written.............................................................. Group A&S Premiums Written ...................................................................
M. Eman Hassan, Chief Agent 55 Town Centre Court, Suite 606 Scarborough ON M1P 4X4 416-290-6666 Fax 416-290-0726
Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................ Non-Participating In Canada Business Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Group A&S Premiums Written ...................................................................
FAITHLIFE FINANCIAL 176,176,000 72,500,000 103,676,000 168,874,000 22,375,000 183,000 70,128,000 64,000 98,499,000
470 Weber St N Waterloo ON N2J 4G4 519-886-4610 Fax 519-886-0350 www.faithlifefinancial.ca Key Metrics (Canada) Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................
Life 2
543,011,000 204,182,000 325,739,000 185,608,000 61,938,000 11,140,000 218,000 173,209,000 1,041,000
Life 2
98,506,000 63,505,000 35,001,000 3,846,000 13,795,000 2,076,000 70,000 1,700,000
Life 1
305,441,000 268,934,000 36,507,000 26,136,000 1,346,000 127
GENERAL AMERICAN LIFE INSURANCE COMPANY Life 2 RELIABLE LIFE INSURANCE COMPANY Andre St-Amour, Chief Agent 1255 Peel, Suite 1000 Montreal QC H3B 2T9 514-985-5260 Fax 514-985-3066 Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................ Non-Participating In Canada Business Individual Life Premiums Written ...............................................................
GERBER LIFE INSURANCE COMPANY Colleen Sexsmith, Chief Agent 1145 Nicholson Rd, Unit 2 Newmarket ON L3Y 9C3 905-853-0858 Fax 905-853-0183 Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................ Non-Participating In Canada Business Individual Life Premiums Written ...............................................................
HARTFORD LIFE INSURANCE COMPANY Colleen Sexsmith, Chief Agent 1145 Nicholson Rd, Unit 2 Newmarket ON L3Y 9C3 905-853-0858 Fax 905-853-0183 Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................ Non-Participating In Canada Business Group A&S Premiums Written ...................................................................
1,256,211,000 495,820,000 760,391,000 205,832,000 –10,512,000 205,832,000
24,933,000 9,013,000 15,709,000 2,835,000 1,034,000 2,835,000
2000 Argentia Rd Mississauga ON L5N 2R7 905-812-2900 Fax 905-813-5316 Key Metrics Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Individual Annuity Premiums Written ......................................................... Individual A&S Premiums Written.............................................................. 128
–2,248,000 53,000 55,264,000 602,000
Alain Neemeh, President & CEO 1255 Peel, Suite 1000 Montreal QC H3B 3T9 514-985-5260; Fax 514-985-3066 Key Metrics Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual Annuity Premiums Written ......................................................... Individual A&S Premiums Written.............................................................. Group A&S Premiums Written ...................................................................
Life 1
3,622,393,000 3,170,807,000 451,586,000 115,645,000 –2,976,000 57,954,000 26,597,000 92,000 2,999,000 28,003,000
Life 2 SCOR GLOBAL LIFE
23,724,000 3,588,000 20,050,000 74,000 787,000 74,000
M. Eman Hassan, President & CEO 55 Town Centre Court, Suite 606 Scarborough ON M1P 4X4 416-290-6666 Fax 416-290-0726
PRIMERICA LIFE INSURANCE COMPANY OF CANADA
52,891,000 23,528,000 29,363,000 53,671,000 956,000
Life 2 RGA LIFE REINSURANCE COMPANY OF CANADA
LIFE INSURANCE COMPANY OF NORTH AMERICA Life 2
Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................ Non-Participating In Canada Business Group Life Premiums Written .................................................................... Group A&S Premiums Written ...................................................................
Life 1
Paul M. Field, CEO Box 557, 100 King St W Hamilton ON L8N 3K9 905-523-5587; Fax 905-528-4685 Key Metrics Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual A&S Premiums Written.............................................................. Group A&S Premiums Written ..................................................................
Life 2
Francois Lemieux, Executive Vice-President and Chief Agent 1250 boul, Rene Levesque Quest; Bureau 4510 Montreal QC H3B 4W8 514-933-6994; Fax 514-933-6435 Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................ Non-Participating In Canada Business Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual A&S Premiums Written.............................................................. Group A&S Premiums Written ...................................................................
344,920,000 230,251,000 107,172,000 92,980,000 1,083,000 29,360,000 7,493,000 26,232,000 29,895,000
STATE FARM INTERNATIONAL LIFE INSURANCE COMPANY LTD.
Life 2
Robert J. Cooke, Senior Vice-President 333 First Commerce Dr Aurora ON L4G 8A4 416-290-4100; Fax 416-290-4970 44,976,000 23,887,000 21,089,000 3,188,000 1,639,000 1,216,000 1,972,000
Key Metrics (Canada) Total Assets ............................................................................................... Total Liabilities ........................................................................................... Head Office Account.................................................................................. Total Premium Income .............................................................................. Net Income ................................................................................................
1,155,588,000 928,730,000 214,240,000 125,992,000 32,926,000
SUN LIFE ASSURANCE COMPANY OF CANADA Life 1
626,901,000 18,527,000 608,374,000 202,836,000 101,437,000 202,792,000 12,000 32,000
Donald A Stewart, Chief Executive Officer 150 King St W Toronto ON M5H 1J9 416-979-9966 Fax 416-585-9546 Key Metrics Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual Annuity Premiums Written ......................................................... Group Annuity Premiums Written .............................................................. Individual A&S Premiums Written.............................................................. Group A&S Premiums Written ...................................................................
Life 1
93,144,758,000 82,591,039,000 10,553,719,000 11,885,602,000 714,707,000 815,584,000 614,640,000 860,880,000 806,046,000 138,624,000 2,622,725,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
TRANSAMERICA Paul Reaburn, C.E.O. 5000 Yonge St Toronto ON M2N 7J8 416-883-5000 Fax 416-883-5114
Key Metrics Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Individual Annuity Premiums Written ......................................................... Individual A&S Premiums Written..............................................................
L’UNION-VIE, COMPAGNIE MUTUELLE D’ASSURANCE
Jacques Desbiens, F.S.A. F.I.C.A., C.E.O. 142, rue Heriot Drummondville QC J2C 1J8 819-478-1315 Fax 819-474-1990 lpellerin@union-vie.qc.ca Key Metrics Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual Annuity Premiums Written ......................................................... Individual A&S Premiums Written.............................................................. Group A&S Premiums Written ...................................................................
Life 1 THE WAWANESA LIFE INSURANCE COMPANY
6,440,120,000 5,547,544,000 892,576,000 390,327,000 86,967,000 361,265,000 27,579,000 1,168,000
K. McCrea, President & CEO 400-200 Main St Winnipeg MB R3C 1A8 204-985-3940 Fax 204-985-3872 www.wawanesalife.com Key Metrics Total Consolidated Assets ......................................................................... Total Consolidated Liabilities ..................................................................... Total PH and Shareholder Equity (inc. non-controlling interests) .............. Total Consolidated Premium Income ........................................................ Net Income ................................................................................................ Non-Participating In Canada Business (Consolidated) Individual Life Premiums Written ............................................................... Group Life Premiums Written .................................................................... Individual Annuity Premiums Written ......................................................... Group A&S Premiums Written ...................................................................
Life 1
546,934,000 434,947,000 111,987,000 86,359,000 3,732,000 20,900,000 4,362,000 21,521,000 18,801,000
Life 1
699,959,000 577,531,000 122,428,000 65,638,000 13,868,000 25,727,000 1,474,000 8,839,000 788,000 24,437,000
ADVERTISERS’ INDEX ACE INA Insurance The ARC Group Canada Inc. Assured Automotive Aviva Canada Inc. AXA Canada AXIS Reinsurance Company (Canadian Branch) Berkley Underwriting Managers Canada, Ltd. The Boiler Inspection and Insurance Company of Canada canadianunderwriter.ca Canadian Litigation Counsel Canadian Underwriter – Insurance Media Group Caisse Centrale De Reassurance (CCR) CARSTAR Automotive Canada Chartis Insurance CNA Canada CSN Collision & Glass Compu-Quote, Inc. Co-operators General Insurance Company Crawford & Company (Canada) Inc. Cunningham Lindsey Canada Disaster Kleenup Canada Ltd. e2Value Inc. The Economical Insurance Group Fortify Network Solutions FirstOnSite Restoration FM Global Giffen Koerth Smart Forensics Grain Insurance and Guarantee Company Great American Insurance Group CANADIAN UNDERWRITER STATISTICAL ISSUE 2010
71 23 19 2 (IFC) 73 17 27 Bookmark 126 15 130 117 51 79 77 35 131 (IBC) 81 43 7 47 57 83 26 21, 22 85 31 87 9
The Guarantee Company of North America 89 Guy Carpenter 25 i-hire.ca 8, 10 Insurance Institute of Canada 3 instouch.com 75 Intact Insurance 91 Liberty International Underwriters 93 Munich Reinsurance Company of Canada 121 MSA Research Inc./NICC/CIFF 13 Northbridge Financial Corporation 97 Paul Davis Systems (PDS) 30 PPG Canada Inc. 41 RIMS Canada Conference – Edmonton 2010 37 RMS (Risk Management Services) an SCM Company 29 RSA – Royal & Sun Alliance Insurance Company of Canada 103 SCOR Canada Reinsurance Company 123 SPECS – Specialized Property Evaluation Control Services Limited 39 ServiceMaster of Canada Limited 12 The Sovereign General Insurance Company 107 Transatlantic Reinsurance Company 33 Travelers 109 Tritech Financial Systems, Inc. 11 TOA Re 55 The Wawanesa Mutual Insurance Company 113, 132 (OBC) WINMAR 18 Xactware 36 XL Insurance 5 Zurich Canada 115 129
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