Canadian Underwriter Statistical Issue 2016 by Annex Business Media

2016 STATISTICAL ISSUE

C A N A D Aâ&#x20AC;&#x2122; 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

2016 STATISTICAL ISSUE

Waiting to Exhale BY GLENN McGILLIVRAY

JU N E 2 0 1 6 NEWCOM Business Media Inc. #40063170

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

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

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

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

PROFILE PROFILE

Editor Editor

Senior Senior Publisher Publisher

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

VOL. 83, NO. 6, JUNE 2016

astelmakowich@canadianunderwriter.ca steve@canadianunderwriter.ca astelmakowich@canadianunderwriter.ca steve@canadianunderwriter.ca Angela Steve Angela Stelmakowich Stelmakowich Steve Wilson Wilson (416) 510-6793 Twitter: @InsuranceMedia (416) 510-6793 marketers Twitter: @InsuranceMedia the providing with a range of the industry, industry, providing marketers with a range of specialized specialized astelmakowich@canadianunderwriter.ca steve@canadianunderwriter.ca astelmakowich@canadianunderwriter.ca steve@canadianunderwriter.ca (416) 510-6800 (416) 510-6800 (416) 510-6793 Twitter: @InsuranceMedia (416) 510-6793 Associate Editor Twitter: @InsuranceMedia Associate Editor Editor Art Director and marketing opportunities. Index To Company Tables 5, 6 effective and highly highly effective marketing communications communications opportunities. (416) 510-6800 Greg Meckbach (416) 510-6800 Art Director Greg Meckbach Art Director Cathy Donaghy Carolyn Brimer Associate Associate Editor Editor Index To Reinsurance Companies 7 gmeckbach@canadianunderwriter.ca Gerald gmeckbach@canadianunderwriter.ca Gerald Heydens Heydens cathy@newcom.ca Greg Meckbach Art Greg Meckbach Art Director Director Twitter: @CU_Greg Twitter: @CU_Greg (416) 510-6840 Production Manager Cover Story 12 gmeckbach@canadianunderwriter.ca Gerald Heydens gmeckbach@canadianunderwriter.ca Gerald Heydens Art Consultation Art Consultation (416) Karen Samuels (416) 510-6796 510-6796 @CU_Greg Twitter: @CU_Greg Sascha Hass Sascha Hass How The Private Companies Rank (Total Business) N.P.W. 26, 28 Twitter: Associate Publisher 510-5190 Art Consultation Art(416) Consultation (416) 510-6796 (416) 510-6796 Online Editor Online Editor Paul Aquino Sascha Hass Canadian Insurance Media Sascha Hass Production Manager Canadian Underwriter’s Underwriter’s Insurance Media Group Group isis committed committed Production Manager Companies Total Business N.P.W. By Company Name 30 Harmeet Singh Harmeet Singh paul@newcom.ca Circulation Manager Online Editor Online Editor Gary White Gary White to providing the most timely and relevant news, information to providing the mostProduction timely andManager relevant news, information hsingh@canadianunderwriter.ca (416) 510-6788 Subscriptions/Customer Service Production Manager How The Private Companies Rank (Property) N.P.W. 32 hsingh@canadianunderwriter.ca Harmeet Harmeet Singh Singh (416) 510-6760 (416) 510-6760 professionals from and resources resources to to insurance insurance professionals from all all segments segments of of Twitter: Mary Garufi Gary White Twitter: @CU_Harmeet @CU_Harmeet and Gary White hsingh@canadianunderwriter.ca hsingh@canadianunderwriter.ca How The Private Companies Rank (Automobile) N.P.W. 34 (416) Account Manager ext. mary@newcom.ca 442-5600 industry, marketers with of (416) 510-6760 (416) 442-5600 ext. 3652 3652the the industry, providing providing marketers with aa range rangeService of specialized specialized (416) 510-6760 Subscriptions/Customer National Subscriptions/Customer Service National Twitter: Twitter: @CU_Harmeet Michael @CU_Harmeet Wells (416) 614-5831 Gail Page 2015 Underwriting Results Table — General Companies 36, 38, 39 Associate Gail Page and highly communications opportunities. andClaims highly effective effective marketing marketing communications opportunities. (416) 442-5600 ext. Claims (416) 442-5600 ext. 3652 3652 Publisher Subscriptions/Customer Service Associate Publisher Subscriptions/Customer Service michael@newcom.ca 14 14 Leading Leadingby byExample Example gpage@bizinfogroup.ca gpage@bizinfogroup.ca Gail Page Paul Aquino Total Direct Written Business — By Province 40, 42, 43 Paul (416) Aquino 510-5122 Print Production Manager Gail Page Manual Manual Associate Associate Publisher Publisher James Cameron, president (416) 510-5187 James Cameron, president of of (416) 510-5187 14 by 14 Leading Leading byExample Example paul@canadianunderwriter.ca Phyllis Wright gpage@bizinfogroup.ca paul@canadianunderwriter.ca gpage@bizinfogroup.ca InsuranceMarketer.com InsuranceMarketer.com Aquino Direct Written Auto — By Province 44, 46 Paul Paul Aquino Cameron & Cameron & Associates Associates Account @InsuranceCanuk Manager Twitter: James president (416) 510-5187 Twitter: @InsuranceCanuk James Cameron, Cameron, president of of (416) 510-5187 Circulation Manager Circulation Manager paul@canadianunderwriter.ca paul@canadianunderwriter.ca Insurance Consultants Limited, Insurance Limited, Christine Giovis President 47 (416) Five Year & Record By Classes 510-6788 (416) 510-6788 Cameron Associates Mary Garufi Cameron &Consultants Associates Mary Garufi Twitter: @InsuranceCanuk Twitter: @InsuranceCanuk Circulation Manager Circulation Manager christine@newcom.ca Jim Glionna was recognized by was recognized by the the CIP CIP mgarufi@bizinfogroup.ca mgarufi@bizinfogroup.ca Insurance Consultants Insurance Consultants Limited, National National 2015 Reinsurance Results Limited, Table 48 Account (416) 510-6788 (416) 510-6788 Manager Mary Garufi Account Manager (416) 510-5114 Mary Garufi industry’s the theinsurance insurance industry’ssocial socialnetwork network Society when he received its Society when he received its Claims (416) 442-5600 Claims ext. (416) 442-5600 ext. 3545 3545 was was recognized recognized by by the the CIP CIP ViceManual President & General Manager mgarufi@bizinfogroup.ca Michael Wells Wells mgarufi@bizinfogroup.ca 50, 52 Michael Direct WrittenLeader PropertyAward. — By Province Manual Established Account Manager Established Leader Award. Account Manager Society Society when when he he received received its its Senior Publisher JoeProduction Glionna InsuranceMarketer.com michael@canadianunderwriter.ca InsuranceMarketer.com (416) 442-5600 3545 michael@canadianunderwriter.ca (416) 442-5600 ext. ext. 3545 Print Manager Print Production Manager Michael Wells Michael Wells BY ANGELA STELMAKOWICH BY2015 ANGELA STELMAKOWICH 53 (416) Underwriting Profit Producers Steve 510-5122 Wilson Established Leader Award. Established Leader Award. (416) 510-5122 Phyllis Wright Phyllis Wright michael@canadianunderwriter.ca michael@canadianunderwriter.ca Print Print Production Production Manager Manager stevew@newcom.ca BY ANGELA STELMAKOWICH BY2015 ANGELA STELMAKOWICH the INSURANCE theinsurance insuranceindustry’s industry’ssocial socialnetwork network the insurance industry’s social network 53INSURANCE Underwriting Loss Producers (416) 510-5122 (416) 510-5122 Account Manager Phyllis Account Manager (416) 510-6800 Phyllis Wright Wright President President DIRECTORY DIRECTORY Elliot Ford Elliot Ford 2015 Total Insurance In Canada By Nationality Of Company 62 Account Bruce Creighton Creighton insBlogs insBlogs Bruce Account Manager Manager President President eford@canadianunderwriter.ca INSURANCE eford@canadianunderwriter.ca INSURANCE Elliot Elliot Ford Ford Bruce Creighton 2015 Automobile Insurance In Canada By Nationality Of Company 62 (416) Bruce Creighton Vice President DIRECTORY Vice President DIRECTORY (416) 510-5117 510-5117 eford@canadianunderwriter.ca eford@canadianunderwriter.ca Alex Papanou Alex Papanou Insurance Insurance Blogshosted hostedby byCanadian CanadianUnderwriter Underwriter 2015 Property Insurance In Canada By Nationality Of Company 62Blogs Insurance Blogs hosted by Canadian Underwriter Vice President President insBlogs insBlogs Vice (416) (416) 510-5117 510-5117 Property Property && Casualty Casualty Insurance Insurance Newswire Newswire SPECIAL SPECIAL FOCUS FOCUS Papanou Alex Papanou Property Newswire Property& CasualtyInsurance InsuranceAlex Newswire Property &&Casualty Casualty Insurance Newswire 2015 Remaining Coverages In Canada By Nationality Of Company 62 Photo: Patrick Thompson Thompson Photo: Patrick Patrick Thompson Photo: Patrick Photo: Thompson Photo: Patrick Thompson Photo: Patrick Thompson

INSURANCE – we have it covered.

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insBlogs Ontario

instouch.com

Ontario

insBlogs

Insurance InsuranceBlogs Blogshosted hostedby byCanadian CanadianUnderwriter Underwriter Insurance Blogs hosted by Canadian Underwriter

SPECIAL SPECIAL FOCUS FOCUS

Total Insurance In Canada By Type Of Company 662015 Editorial Editorial Automobile Insurance In Canada By Type Of Company 662015 Editorial Editorial 882015 Marketplace Marketplace Property Insurance In Canada By Type Of Company 882015 Marketplace Marketplace Remaining 56 Views 56 Moves Moves& &Coverages Views In Canada By Type Of Company 2015 Moves Canadian Underwriting 56 Views 56 Moves& & Views Experience By Companies 58 Gallery 58 Gallery 2015 Reinsurance Companies Results 58 Gallery 58 GalleryGovernment Insurers 2015 Provincial

Connect Connect with with Canadian Canadian Underwriter Underwriter

Insurance InsuranceBlogs Blogshosted hostedby byCanadian CanadianUnderwriter Underwriter Insurance Blogs hosted by Canadian Underwriter Connect with Connecttwitter.com/CdnUnderwriter with Canadian Canadian Underwriter Underwriter facebook.com/CanadianUnderwriter twitter.com/CdnUnderwriter facebook.com/CanadianUnderwriter

insBlogs.com

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63 63 64

108 122

LEADING COMPANIES — DIRECT WRITTEN BASIS

Accident & Sickness

61 Legal Expense

Aircraft

60 Liability

Boiler & Machinery

60 Marine

Credit

61 Title

Credit Protection

61 Other Approved Products

Fidelity

60 Surety

Hail 60 LEADING COMPANIES IN THE PROVINCES — DIRECT WRITTEN PREMIUMS

Total Business

54, 55

Canadian 44 Property Canadian Underwriter Underwriter February February 2014 2014

56, 57

Canadian 44 Automobile Canadian Underwriter Underwriter February February 2014 2014

58, 59

twitter.com/CdnUnderwriter twitter.com/CdnUnderwriter

linkd.in/CanadianUnderwriter linkd.in/CanadianUnderwriter InsuranceMediaGroup.com InsuranceMediaGroup.com

insBlogs.com insBlogs.com

facebook.com/CanadianUnderwriter facebook.com/CanadianUnderwriter .ca .ca instouch.com/group/CanadianUnderwriter instouch.com/group/CanadianUnderwriter

InsuranceMediaGroup.com InsuranceMediaGroup.com instouch.com/group/CanadianUnderwriter instouch.com/group/CanadianUnderwriter www.CanadianUnderwriter.ca/MediaGroup www.CanadianUnderwriter.ca/MediaGroup

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.ca

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Canadian Underwriter located at 80 Drive, Toronto, Ontario, M3B 2S9 thirteen times yearly (monthly + the Annual Statistical by Canadian Underwriter located at 80 Valleybrook Valleybrook Drive, Toronto, Ontario, M3BStatistical 2S9Issue)Issue) Canadian Underwriter isis published thirteen times yearly (monthly + the by CanadianUnderwriter Underwriterisis ispublished published thirteen times yearly (monthly + the Annual Annual Statistical Issue) by Phone: (416) 442-5600. BUSINESS MEDIA INC. Phone: (416) 442-5600. NEWCOM BUSINESS MEDIA INC. NEWCOM BUSINESS MEDIA INC. Canadian Underwriter isisislocated atat 8080 Valleybrook Drive, Ontario, M3B 2S9 All rights Printed in The contents of this publication may not reproduced All rights reserved. reserved. Printed in Canada. Canada. 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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 4:00 PM

COMPANY INDEX ACE INA Insurance

Euler Hermes North America Insurance Company

Affiliated FM Insurance Company

Everest Insurance Company Of Canada

AIG Insurance Company of Canada

Factory Mutual Insurance Company

Alberta Motor Association Insurance Company

FCT

Allianz Global Risks US Insurance Company

Federal Insurance Company

Allstate Insurance Company Of Canada

Fundy Mutual Insurance Company

American Road Insurance Company

Gore Mutual Insurance Company

Antigonish Farmers Mutual Insurance Company

Great American Insurance Company

Arch Insurance Company

The Guarantee Company of North America

Associated Electric & Gas Insurance Services Ltd.

Hartford Fire Insurance Company

Atradius Credit Insurance N.V.

Heartland Farm Mutual

Aviva Canada Inc.

Industrielle Alliance Compagnie D’Assurances Generales

Berkley Insurance Company

Intact Financial Corporation

The Boiler Inspection & Insurance Company Of Canada

The Kings Mutual Insurance Company

CAA Insurance Company (Ontario)

Lawyers’ Professional Indemnity Company

La Capitale Compagnie D’Assurance Generale

Legacy General Insurance Company

Chicago Title Insurance Company of Canada

Liberty Mutual Insurance Company

Chubb Insurance Company of Canada

Lloyd’s Underwriters

Clare Mutual Insurance Company

The Mearie Group

CNA Canada Group

Mennonite Mutual Fire Insurance Company of Saskatchewan

Coachman Insurance Company

Mitsui Sumitomo Insurance Company Limited

Co-operative Hail Insurance Company Limited

Motors Insurance Corporation

Co-operators General Insurance Company

The Mutual Fire Insurance Co. Of British Columbia

Corepoint Insurance Company

Northbridge Financial Corporation

Cumis General Insurance Company

Old Republic Insurance Company of Canada

DAS Legal Protection Insurance Company Limited

Omega General Insurance Company

Desjardins General Insurance Group

Ontario Mutual Insurance Association

Echelon Insurance

Ontario School Board’s Insurance Exchange

The Economical Insurance Group

Optimum General Inc

Electric Insurance Company

Pacific Coast Fishermen’s Mutual Marine Insurance Company

Le Groupe Estrie-Richelieu Compagnie D’Assurance

Pafco Insurance Company

93 (Continued On Page 6)

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

05-09_Index2016.indd 5

2016-06-06 3:22 PM

COMPANY INDEX

(Continued From Page 5)

Peace Hills General Insurance Company

Stewart Title Guaranty Company

P.E.I. Mutual Insurance Company

TD Insurance, General Insurance

100

Pembridge Insurance Company

Temple Insurance Company

100

The Portage La Prairie Mutual Insurance Company

The Tokio Marine & Nichido Fire Insurance Company Limited

102

Protective Insurance Company

Travelers Canada

102

RBC General Insurance Company

Trisura Guarantee Insurance Company

102

RBC Insurance Company of Canada

Triton Insurance

103

Red River Valley Mutual Insurance Company

Unica Insurance Inc.

103

RSA Canada Group

L’Unique Compagnie D’Assurances Generales

103

Saskatchewan Mutual Insurance Company

The Wawanesa Mutual Insurance Company

104

SGI Canada Group

Western Financial Insurance

104

SGI Canada Insurance Services

Western Surety Company

104

Sompo Japan Insurance Inc.

Wynward Insurance Group

106

XL Specialty Insurance

106

Zurich Insurance Company Ltd (Canadian Branch)

106

The Sovereign General Insurance Company

100

SSQ, Societe D’Assurances Generales Inc.

Get the job. Done. TM

FOUND MY JOB AT

05-09_Index2016.indd 6

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:22 PM

REINSURANCE COMPANIES Alea (Bermuda) Ltd.

108

Scor Canada Reinsurance Company

118

Axis Reinsurance Company (Canadian Branch)

108

Sirius America Insurance Company

120

Aspen Insurance UK Limited

108

Swiss Reinsurance Company Ltd.

118

Caisse Centrale de Reassurance

110

Swiss Reinsurance Group

118

Everest Reinsurance Company

110

T.H.E. Insurance Company

120

Farm Mutual Reinsurance Plan

110

The Toa Reinsurance Company of America

121

General Reinsurance Corporation

112

Transatlantic Reinsurance Company

121

Hannover Rückversicherung SE

112

Westport Insurance Corporation

120

MAPFRE Re Compania De Reaseguros, S.A.

112

XL Reinsurance America, Inc. Canadian Branch

121

Munich Reinsurance America Inc

114

Munich Reinsurance Company Of Canada

114

Munich Reinsurance Canada Group

114

PROVINCIAL GOVERNMENT INSURERS

Odyssey Reinsurance Company

116

Insurance Corporation of British Columbia

122

Partner Reinsurance Company of the U.S.

116

Saskatchewan Auto Fund

122

Promutuel Reassurance

116

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

05-09_Index2016.indd 7

2016-06-06 3:22 PM

ADVERTISERS’ INDEX AIG Insurance

Insurance Marketer

Applied Systems Canada Inc.

Liberty International Underwriters

The ARC Group Canada Inc.

Markel Canada Limited

Assured Automotive

Munich Reinsurance Canada

Aviva Canada Inc.

NICC

AXIS Reinsurance Company (Canadian Branch)

Northbridge Insurance

Burns & Wilcox Canada

On Side Restoration Services Ltd.

Canadian Litigation Counsel

Ontario Insurance Directory

113 87 2(IFC) 115 9

117

CanadianUnderwriter.ca 89

Premier Marine

Can-Sure Underwriting Ltd.

RIMS Canada Conference

Crawford & Company (Canada) Inc.

RSA Canada

The Economical Insurance Group

SCOR Canada Reinsurance Company

FirstOnSite Restoration

20,21

ServiceMaster of Canada Limited

119 51

Fix Auto

The Sovereign General Insurance Company

101

Giffin Koerth Forensic Engineering

Strategic Underwriting Managers Inc. - SUM

Gore Mutual Insurance Company

TOA Re

The Guarantee Company of North America

Transatlantic Reinsurance Company

Hagerty Insurance

Tritech Software Systems

27,123 23

iAutoConnect 45

The Wawanesa Mutual Insurance Company

i-hire.ca 111

WINMAR 19

Insurance Institute of Canada

WICC

insPRESS.ca 109

Zurich Canada

105, 124 (OBC) 79 107

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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:22 PM

2 16 September 28 - 3 0 The Westin Bayshore, Vancouver, B.C.

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05-09_Index2016.indd 9

2016-06-06 3:22 PM

UNDERWRITING PROFIT/LOSS IN CANADA 2005-2015 PROPERTY/CASUALTY COMPANIES

LICENSED REINSURERS

+3366.4

+2381.8

+2374.4

+1868.6

+1842.3

+420.7 +382.5 +323.5

+232.7

+248.2

+661.6

+158.3 +142.7

+404.7 +69.4

+277.7 +29.4 2008 2005

2006

2007

-82.5

2009 -3.3

2005

2010 -47.6

2011

2012

2013

2014

2015

2008 2006

2007

–18.3

2009

2010

2011

2012

2013

2014

2015

-58.9

All profits and losses indicated in millions of dollars

10-11_ProfitLossGraph.indd 10

All profits and losses indicated in millions of dollars

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:24 PM

think Premier… for all your Specialty Needs.

PROFESSIONAL LINES

OTHER NICHE COMMERCIAL

• I.T. & Media Firms

• General Property Capacity

• Architects & Engineers

• Protection (Guards, Alarm)

• Ins. Brokers / Life Agents

• Fitness, Beauty & Spas

• Financial Services

• Manufacturers / Distributors

• Miscellaneous Classes

• Umbrella / Excess

• Medical Malpractice

• Adventure Tourism

• D&O

• Tattoo / Body Piercing

CONSTRUCTION RISKS

• Drug Rehab Clinics • Recycling Risks

• Builders Risk • Wrap Up Liability

PERSONAL LINES

• Contractors GL

• High Value Dwelling

• Contractors Equipment

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ENVIRONMENTAL / POLLUTION • Contractors Pollution Liability • Environmental Impairment • Tank Owners

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2016-06-06 3:24 PM

WAITING TO EXHALE

In a year where Ontario and Alberta auto wasn’t, for once, in the forefront and natural catastrophe losses were the lowest in several years, insurers held their breath for a good year. And they got it.

I Glenn McGillivray Managing Director, Institute for Catastrophic Loss Reduction

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n what now seems to be a rare year — when auto insurance wasn’t regular fodder for headlines and catastrophe losses paled in comparison to those in 2011 and 2013, when personal lines insurers as a group outperformed commercial lines writers for the first time in 15 years and when the industry booked the best underwriting profit in ages — it’s no wonder insurers held their collective breath, just waiting for the bubble to burst.

It didn’t. For the first time in a while, the industry enjoyed a year of moderate, though respectable profitability, albeit with a little drama. While things aren’t all rosy — insurers do need to reckon with increasingly weakening investment returns due to low interest rates — conditions in 2015 allowed the industry to slow down a bit and take things a little easier than had been the case in the very recent past. Judging by the catastrophe year currently in the making, it is probably

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2016-06-06 3:25 PM

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2016-06-06 3:25 PM

COVER STORY

Waiting to Exhale a good thing that the industry had a chance to catch its breath in 2015, because the next several months will be an uphill run. Economic outlook Aon Benfield reported that world economic growth, once again, fell below expectations in 2015. In its Reinsurance Market Outlook report, released in January 2016, the reinsurance intermediary noted that on two occasions last year, the International Monetary Fund (IMF) lowered its projection for global gross domestic product (GDP) growth for 2015. The IMF eventually lowered to 3.1% growth its initial projection of 3.5% in April 2015 and then 3.3% in July 2015. “Contributory factors were a slowdown in the first quarter (which was largely attributable to adverse weather-related contraction in the United States, with attendant spillovers to Canada and Mexico) and uncertainties in Europe during the second quarter relating to Greece and the Eurozone,” the outlook stated. The second half of 2015, Aon Benfield reported, was “overshadowed by difficulties in emerging market economies, with declining commodity prices and downward pressure on many emerging market currencies.” It also noted that the slowdown in the Chinese economy “has had broader implications, particularly as a result of reduced demand for raw materials, as has weakness in Latin America and particularly Brazil. The slump in oil prices also had a depressing effect on oil-exporting economies that has been only partially offset by the resulting boost to net importers.” Going forward into 2016 and 2017, analysts expect slight improvements in the global economy “as financial conditions remain accommodative, despite an anticipated further gradual rise in U.S. interest rates.” International Monetary Fund (IMF) pointed out that stronger performance in both emerging markets 14

and advanced economies will boost growth in 2016. Says Aon: “The IMF notes weak, but improving, conditions in Russia and some Latin American economies. The slowdown in China is expected to persist, but the IMF anticipates stronger growth from advanced economies, including the United States, the Euro area and Japan.” Further recovery is projected through 2017, according to the IMF, “driven by a gradual return to trend growth in countries and regions such as parts of Latin America and the Middle East and Russia, which are currently under stress or growing well below potential in 2015-2016.” Regarding Canada specifically, the IMF noted that “commodity-exporting advanced economies continue to adjust to reduced income and resource-related investment… In Canada, growth is expected to recover to 1.5% in 2016, with the drag from the energy sector offset partially by a more competitive currency and an expected increase in public investment, before it accelerates to 1.9% in 2017.” Insurance Bureau of Canada’s (IBC) David McGown, presenting at Swiss Re’s 31st Annual Canadian Insurance

Outlook Breakfast in Toronto April 6, cited his predecessor at the yearearlier event, who said that oil prices are likely “… going to be the single biggest influence on the global and Canadian economies for the next two years.” “That prediction proved accurate,” said McGown, IBC’s new Senior Vice President of Strategic Initiatives, referring to lower real domestic income, lower profits, reduced business investment and a lower Canadian dollar. Also in 2015, McGown noted that Canada experienced slower economic growth in the first half of the year, falling government revenues and a rise in deficits. Overall growth was only 1.2%, less than half of what it was in 2014. “Continued low oil prices will put a damper on business investment, economic growth and employment across the country,” McGown told attendees. “Predictions for 2017, while a bit more optimistic, will differ from province to province — and aren’t exactly rosy,” he warned. The numbers: “solid results” Presenting on the property and casualty insurance industry’s performance in 2015, McGown commented

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COVER STORY

Waiting to Exhale

that insurers “had a relatively good year,” with underwriting income triple that in the previous year. “Underwriting income improved to about $1.7 billion from $558 million in 2014. Canada’s p&c insurance industry delivered solid results despite both volatile market conditions and continued low interest rates,” he told attendees at the Swiss Re event. With disaster-related losses — defined as events exceeding $25 million in claims — totalling just over $500 million in 2015 and $880 million in 2014, “less severe weather gave us a break for the second year in a row,” said McGown. “The result was an improvement in the national loss ratio to 65% from 68% the previous year,” he said. “Underwriting results in 2015 brought a surprise: It was the first time in at least 15 years that personal insurers generally outperformed commercial insurers.” Personal insurers, McGown reported posted a combined ratio of 98% while commercial writers posted a combined ratio of more than 100%. McGown noted that, compared to 2014, loss ratios for personal property improved by about eight points and by close to seven points for commercial property, while there was a slight improvement in private passenger auto insurance. “For the property insurance business, the telling story nationally is the decline in insured losses from natural catastrophe events,” he said, pointing out that the $510 million in insured losses from natural catastrophes in 2015 represented “the first time since 2009 that such losses were well below $1 billion.” McGown did qualify his statement by pointing out that because an insured catastrophe is defined as a loss of $25 million or higher, events that don’t quite hit the threshold get excluded from the data, masking the financial impact of smaller-scale weather events. “This was illustrated 16

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in Nova Scotia, where the combination of many smaller events contributed to higher loss ratios for personal and commercial property. In particular, the commercial property loss ratio jumped to 119%, leading to a significant underwriting loss for the province,” he explained. Joel Baker, President and Chief Executive Officer of MSA Research Inc., notes in the MSA Quarterly Outlook Report for Q4-2015, “2015 was a strong

year for most players in the industry, with the overall market showing a combined ratio of 96.5, down from 98.5 in 2014. This resulted in a healthy 11.3% ROE (return on equity) for the market as a whole. Top line growth remained strong at 5.5%, while claims dropped slightly, providing a favourable outcome for the majority of players. Industry net income reached $5.8 billion, but that was shaved by $1.5 billion after

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COVER STORY

Waiting to Exhale OCI (other comprehensive income) was taken into account, yielding total comprehensive income of $4.3 billion.” Baker also underscored the rare aligning of the stars for personal and multi-line writers in 2015, who “outperformed the pure-play commercial segment (excluding Lloyd’s) showing a COR (combined operating ratio) of 96.9 versus 98.3 for the pure com-

If you’re in Manitoba, this is considered an automobile. Surprised? ARC isn’t.

Your customer has a list of the vehicles that are covered by your fleet policy. You have a list of the vehicles that are covered by ARC Group Canada is a national that policy. network of independent law firms, And your lists aren’t theintimately same. each connected to their local market. When the one vehicle that is involved in Insurance risk appear management an accident is the one thatand doesn’t on experts. Regionalnext? strength. both lists, do you know what happens National scope. ARC does. That is the ARC Group.

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pendent Law Firms

On the investment side, Baker noted “across all segments, the lift that insurers are getting from investments continued to diminish in 2015, both because of continued low interest rates and volatility in the equity markets.” He further cautioned that “all segments need to keep their eyes firmly on the underwriting ball.” McGown commented at the Swiss Re outlook breakfast that while the industry’s picture was not particularly upbeat on the investment side, “growth in underwriting income Surprised? ARC isn’t. more than offset those lower investment returns. ROE now stands at 10.2, which is in line with the industry’s long-term average,” he said, adding ARC Group Canada is a national that “the industry-wide network of independent law firms, capital ratio each intimately connected to confirms our increased, which, again, their local market. industry’s continued stability even Insurance and risk management during challenging economic times.” experts. Regional strength. Of the National auto line, McGown noted scope. that That the isslight improvement in the the ARC Group. nationwide loss ratio for auto was to AskARC.com as a Go result of better performance in Ontario and Alberta.

mercial writers.” He pointed to what he called “two countervailing forces” for this development: “ 1. Increased discipline in the personal lines space driven by higher property premiums, increased stability in Ontario auto as well as a relatively benign cat year. 2. Brutal competition in the commercial space coupled with dangerous erosion in pricing and underwriting.”

If you’re in Manitoba, this is considered an automobile.

Ontario auto Of the market, McGown reported the loss ratio for Ontario auto improved by four percentage points from 2014 to just over 71%, largely due to lower liability claims costs, but the accident benefits loss ratio deteriorated to 89%. These results, he noted, do not incorporate the impact of the 2015 reforms and the mandated rate ARC Group Canada is a national network of independent law firms, reductions, “which will roll out over each intimately connected to their local market. this year and next.” Insurance and risk management experts. Regional strength. The Property and Casualty Insurance National scope. Go to AskARC.com Compensation Corporation (PACICC) notes in its 2015 annual report that Ontario auto insurance “… is a prodThe ARC Legal Reporter uct that has been subject to enormous Winter Issue – Article swings #1 in profitability and subject A National Network of Independent Law Firms to constant reforms over the past 15 years.” When is a medical examination considered a second examination under Rule 36 of the New Brunswick Rules of Court?However, at present, Ontario auto “appears to be profitable and conThe ARC Legal Reporter sumers have benefited from some v. Crowther and Kelly Case: Winter IssueReported – Article #1 Blyth 2009 NBCA 80 Citation: ratein anrelief as insurers deliver on the When both the plaintiff’s physical and mental condition are in issue action, and At Issue: the plaintiff undergoes a physical examination, will a subsequent application for a government’s electoral commitment psychiatric examination be considered an application for a second medical examination? to reduce auto insurance rates. These

dical examination considered a second examination ule 36 of the New Brunswick Rules of The Court? Court: 18 ARC_Fleet ad_1/2 page.indd 1

Judgment Rendered: Factual Summary:

Should medical examinations that are ordered as part of the discovery process be characterized as ‘independent’ medical examinations? Court of Appeal of New Brunswick canadianunderwriter.ca26,CANADIAN UNDERWRITER STATISTICAL ISSUE 2016 October 13, 2009 (Reasons delivered November 2015-02-14 2009) 1:05 PM The plaintiff suffered injuries in a motor vehicle accident and commenced an action seeking damages. Both the plaintiff’s physical state and mental state were in issue in the action. The plaintiff submitted to a physical examination by the defendant’s expert, but subsequently refused to submit to a psychiatric examination.

yth v. Crowther and Kelly 009 NBCA 80 hen both the plaintiff’s physical and mental condition are in issue in an action, and The adefendant made a motion requesting an order that the plaintiff submit to the e plaintiff undergoes a physical examination, will a subsequent application for 12-29_CoverStory 2016.indd 18

psychiatric examination. The motions judge granted the order. The plaintiff appealed,

2016-06-06 3:25 PM

reforms centre upon containing growth in claims costs in the accident benefits portion of the auto insurance product,” the report states. PACICC does warn, however, that “in 2015, there was a substantial backlog of claims files in the province’s dispute resolution process. History suggests that the Ontario auto insurance marketplace, even when profitable, can be a single arbitrator’s ruling away from falling back into chaos.” Alberta auto McGown told attendees at the Swiss Re event that “the auto loss ratio [for Alberta] at the end of 2015 was 82%, reflecting improvements across the market except for accident benefits.” PACICC notes that for close to 10 years, the province of Alberta’s Automobile Insurance Premiums Regulation has required auto insurers to adjust the price they charge for insurance uniformly once per year.

“This increases solvency risk for some insurers because cost pressures are not shared equally across the industry.” Cautions PACICC: “Cost pressures, particularly on the liability portion

“Underwriting results in 2015 brought a surprise: It was the first time in at least 15 years that personal insurers generally outperformed commercial insurers.” of the auto insurance product, have increased substantially since a 2011 court decision to weaken the cap on minor injuries. The province’s

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

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Automobile Insurance Rate Board allowed premiums to rise over the past two years. However, it is not clear if these rate increases are in line with the rise in claims costs. There could be premium deficiencies within the Alberta marketplace. Under these conditions, PACICC considers insurers with a substantial book of Alberta auto business to have a higher risk of underwriting losses, which could impact their solvency.” The reinsurance side Looking at the sector as a whole, Aon Benfield noted in its Reinsurance Market Outlook that global reinsurance capital remained almost unchanged at US$565 billion since the second quarter of 2015, “and down 2% from the year-end 2014.” Alternative capital increased further in the third quarter of 2015 to US$69 billion, now representing 12% of all

2016-06-06 3:25 PM

COVER STORY

Waiting to Exhale reinsurance capital and “essentially doubling the property catastrophe reinsurance capacity of the market.” Aon Benfield reports that changes in alternative capital in 2015 included the following: • about a 2% decline in capital from catastrophe bonds, ending Q3-2015 at US$23.9 billion; • more than a 10% increase in collateralized reinsurance to US$ 32.8 billion, “now representing nearly 50% of the overall capacity provided by the alternative markets”; • an increase of close to 30% over year-end 2014 for sidecar capacity, ending Q3-2015 with approximately US$ 8.5 billion in capital; • a slight increase in ILW (industry loss warranty) to US$4 billion. “Many more traditional reinsurers have incorporated alternative capital into their underwriting capital structures and enhance offerings to their primary insurer customers (longer contract duration, eased

reinstatement terms, hours clauses, etc.). Barring a significant shift in supply and demand dynamics, we maintain our estimate that alternative capital will reach US$120 billion

As for January 1, 2016 renewals, Aon Benfield noted that reinsurance markets “continued to broaden the spectrum of coverage and type of placements they will support.” to US$150 billion by 2018,” Aon Benfield reports. As for January 1, 2016 renewals, Aon Benfield noted that reinsurance markets “continued to broaden the

spectrum of coverage and type of placements they will support. Across many programs, reinstatement terms improved, more multi-year coverage was available, and reinsurers worked with insurers to develop unique structures, and support new insurance strategies and lines of business. More of this trend is expected in 2016 as reinsurers maintain strong capital positions and find continued pressure from the alternative markets.” Going forward, Aon Benfield believes that “a number of factors are expected to impact the demand for reinsurance throughout 2016. From rating agency and regulatory changes to insurers seeking to expand into new lines of business, our expectation is for increased demand in the next 12 months. Many seasoned buyers are re-evaluating their buying strategies, moving away from buying only to protect tail risk and towards recognition that new capital potentially provides cheaper risk capital at

A catastrophic event

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many different points along the risk spectrum. Early-adopters of cheaper underwriting capital will secure an early-mover advantage in the market to help drive premium growth.” Of the Canadian market, MSA’s Joel Baker commented: “Licenced reinsurers in Canada ‘fared well’ in 2015 amid soft market conditions, thanks to a relatively benign cat year. The favourable outcome should be viewed as somewhat pyrrhic as the apparent ‘luck’ doesn’t mask the cut-throat competition for dwindling business that the Canadian and global reinsurance industry is mired in.” The 19 companies in the Reinsurance Research Council’s (RRC) 2015 results reported assumed premium of just over $2.0 billion in 2015, down slightly from $2.1 billion in 2014, when 20 companies reported results (Everest Re is missing from the RRC’s posted member results for 2015). The 19 companies reported an underwriting result of $343 million

in 2015 (down from $359.7 million for 20 companies the year prior). The group reported a total loss ratio of 46.9% in 2015 (down from 47.6% in 2014) and an expense ratio of 31.5% (up slightly from 30.2% the year prior) for a combined of 78.5% (down from 77.5% booked in 2014). Total investment income came in at $186.9 million (down markedly from $284.2 million in 2014) for after-tax income of $444.9 million (down from $520 million the year prior). In the courts In the February/March issue of Claims Canada Magazine, Christopher Dunn and Josiah MacQuarrie of Dutton Brock, LLP again provided a very useful and concise run-down of the Top 10 coverage decisions from 2015 of interest to insurers. As noted by the authors, two main subject areas dominated the list: “The first was the ‘faulty workmanship’ v. ‘resultant damage’ debate, which

was addressed by three separate appellate courts and is headed to the Supreme Court in 2016. The other is the application of the Supreme Court of Canada’s decision in Sattva Capital to standard-form insurance policies.” The authors note that “while 2015 saw little activity from the Supreme Court of Canada, 2016 is shaping up to be much more interesting, with at least one major appeal set to be heard by the top court, and several other decisions seeking leave.” Dunn and MacQuarrie’s list is as follows: 1) Ledcor Construction Limited v. Northbridge Indemnity Insurance Company, 2015 ABCA 121; leave to appeal to SCC granted September 24, 2015 (builders’ risk — poor workmanship versus resultant damage); 2) Acciona Infrastructure Canada Inc. v. Allianz Global Risks US Insurance Co., 2015 BCCA 347; leave to appeal to SCC filed October 21, 2015 (course of construction policy — defects exclusion);

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2016-06-06 3:25 PM

COVER STORY

Waiting to Exhale 3) Precision Plating Ltd. v. Axa Pacific for standard form contracts); Insurance Company, 2015 BCCA 277; 8) Daverne v. John Switzer Fuels Ltd., 2015 leave to appeal to SCC dismissed ONCA 919 (CGL policy — limitaJanuary 14, 2016 (CGL policy — tion periods); pollution exclusion); 9) Monk v. Farmer’s Mutual Insurance 4) Allstate Insurance Company of Company (Lindsay), 2015 ONCA 911 Canada v. Aftab, 2015 ONCA (Homeowner’s policy — exclusion for 349 (Homeowner’s Policy — repair of faulty workmanship); and Exclusion for claims arising out 10)Ontario Society for the Prevention of Cruelty of bodily injury to member of to Animals v. Sovereign General Insurance household); Co., 2015 ONCA 702 (CGL policy 5) Unifund Assurance Company v. D.E., — fortuity principle). 2015 ONCA 423; C.S. v. TD Home and Auto Insurance Company, 2015 ONCA Severe weather Globally, catastrophe losses were 424; leave to appeal to SCC filed lighter in 2015 than in previous September 29, 2015 (homeowner’s policy — coverage for bullying years, though events such as the April earthquake in Nepal triggered claims); 6) Onex Corporation v. American Home large loss of life and many injuries. Assurance Company, 2015 ONCA 573; Together, Swiss Re noted that natuleave to appeal filed October 13, ral perils cost (re)insurers US$ 28 2015 (D&O policy – coverage for billion last year, close to half of the 10-year inflation-adjusted average of defence costs); 7) MacDonald v. Chicago Title Insurance US$ 55 billion. Our pleasurecraft coverage willThe year in review, though not Company of Canada, 2015 ONCA 842 definitely boat! (modifying the float Sattvayour Capital test remarkable from a natural catastro-

phe perspective, is notable in other — very disconcerting — ways. The year goes in the record books as the warmest ever recorded since modern record-keeping began in 1880. NASA reports that the period saw previous records “shattered,” in what it calls “unambiguously, the hottest year on record.” More disturbing, perhaps, is that 2016 is looking to knock 2015 down to second place, as January, February, March and April have already exceeded monthly records set last year. In April, the average global temperature was 1.10 degrees C hotter than the 20th century average. This brings a new level of concern as to whether warming can be capped at 2.0 degrees C. These records are due, at least in part, to one of the strongest El Ninos ever observed. This recent event resulted in a quieter than normal North Atlantic hurricane season, more storms in the U.S. south, and very dry conditions in the U.S. and

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COVER STORY

Waiting to Exhale Canadian west. These conditions have contributed to an earlier and active wildfire season in British Columbia and Alberta, and to the major loss event currently playing out in Fort McMurray, Alberta. Last year, events of $25 million or more lead to losses to Canadian (re) insurers of more than $500 million. This does not include small, day-today, weather-related losses, or events that don’t quite meet the threshold. Canadian insurers have paid out close to, or more, — sometimes far more — than $1 billion for losses of $25 million or more every year from 2009 to 2014, an unprecedented run. The total of such losses (2009 to 2014, and 2015’s $510 million inclusive) exceeds a significant $9 billion, not including claims adjustment expenses. When claims from the Fort McMurray are added, such losses (2009 to 2016 inclusive) will be significantly more than $9 billion.

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This is what has come to be known as “the new normal” for Canada. Looking forward All in all, Canadian insurers had a decent year in 2015. Nothing spectac-

ular, but decent, as both the key auto markets and severe weather-related losses behaved themselves, leading to a healthy underwriting profit and moderate net income. As the year progressed, it became clearer that the industry might just make it through without any substantial unplanned challenges to deal with, like a repeat of the scale of cat losses seen in 2011 or 2013. Insurers crossed their fingers, held their collective breath and made it through to the other side — and then some. The good fortune carried itself right on through to early May 2016, when the relative good times came to a screeching halt after the major wildfire loss in Fort McMurray. And And while this piece is meant to provide an overview of Canadian p&c industry performance and goings-on in 2015, it would be folly to omit any reference to this loss as it will loom large over the industry in the weeks, months and, possibly, years to come. As the event still unfolds (at the time of writing, the city was still evacuated and p&c carriers had only been able to gauge the loss using satellite imagery); it is clear that the industry is looking at the costliest catastrophe loss in Canadian history by far. Indeed, Institute for Catastrophic Loss

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How The Private Companies Rank (Total Business) N.P.W. (Excluding Life & Purely A&S Companies)

% of 2015 Market N.P.W.

2014 % N.P.W. Change

1. Intact Financial Corporation.......................... 16.41 7,432,733,000 6,875,276,000 8.11 2. Aviva Canada Inc............................................ 8.58 3,883,490,000 3,828,980,000 1.42 3. Lloyd’s Underwriters....................................... 6.80 3,077,761,000 2,594,228,000 18.64 4. TD Insurance, General Insurance................... 6.60 2,986,668,000 2,915,195,000 2.45 5. RSA Canada Group........................................ 5.85 2,650,905,000 2,765,167,000 –4.13 6. Desjardins General Insurance Group.............. 5.54 2,509,983,000 2,196,398,000 14.28 7. Co–operators General Insurance Co.............. 5.20 2,354,451,000 2,215,781,000 6.26 8. Wawanesa Mutual Insurance.......................... 4.81 2,177,268,000 2,070,278,000 5.17 9. Economical Insurance.................................... 4.27 1,935,352,000 1,877,801,000 3.06 10. Travelers Canada............................................ 3.11 1,409,657,000 1,452,587,000 –2.96 11. Allstate Insurance Co of Canada.................... 3.03 1,370,172,000 1,257,591,000 8.95 12. Northbridge Financial Corporation................. 2.50 1,132,822,000 1,067,709,000 6.10 13. La Capitale Assurances Gen Inc..................... 1.92 870,518,000 571,304,000 52.37 14. RBC General Insurance.................................. 1.74 789,163,000 735,350,000 7.32 15. Zurich Insurance Company Ltd...................... 1.53 691,730,000 744,723,000 –7.12 16. Chubb Insurance Co of Canada..................... 1.40 633,516,000 617,085,000 2.66 17. SGI Canada Group......................................... 1.37 620,840,000 549,857,000 12.91 18. Ontario Mutual Insurance............................... 1.33 602,666,000 569,070,000 5.90 19. Munich Reinsurance Cda Group.................... 0.97 437,120,000 343,406,000 27.29 20. AIG Insurance Co Of Canada......................... 0.85 385,389,000 643,053,000 –40.07 21. Gore Mutual Insurance Company................... 0.80 361,454,000 335,156,000 7.85 22. Guarantee Company Of North America.......... 0.75 340,533,000 314,278,000 8.35 23. Alberta Motor Association.............................. 0.64 291,392,000 305,812,000 –4.72 24. CNA Canada................................................... 0.56 254,887,000 261,065,000 –2.37 25. Hannover Ruck SE.......................................... 0.54 243,021,000 241,927,000 0.45 26. Liberty Mutual Insurance................................ 0.53 241,059,000 210,765,000 14.37 27. Pembridge Insurance Company..................... 0.53 240,419,000 231,529,000 3.84 28. Industrielle Alliance Compagnie..................... 0.52 237,152,000 222,420,000 6.62 29. Factory Mutual Insurance Company............... 0.51 232,359,000 195,745,000 18.70 30. Allianz Global Risks US................................... 0.49 223,890,000 202,084,000 10.79 31. SSQ, Societe D’Assurances Gen.................... 0.46 208,358,000 213,754,000 –2.52 32. CAA Insurance............................................... 0.41 183,493,000 175,255,000 4.70 33. Portage La Prairie Mutual............................... 0.39 178,790,000 190,934,000 –6.36 34. L’Unique Assurances Generales..................... 0.38 173,092,000 175,853,000 –1.57 35. Promutuel Reassurance.................................. 0.37 167,745,000 156,209,000 7.38 36. Echelon Insurance.......................................... 0.33 150,633,000 156,328,000 –3.64 37. SCOR Canada Reinsurance........................... 0.32 145,379,000 136,048,000 6.86 38. FCT................................................................. 0.32 144,754,000 131,629,000 9.97 39. Peace Hills General Insurance........................ 0.30 135,257,000 139,958,000 –3.36 40. Farm Mutual Reinsurance Plan....................... 0.29 132,008,000 133,120,000 –0.84 41. Optimum General Inc...................................... 0.28 125,057,000 123,695,000 1.10 42. Lawyers’ Professional Indemnity.................... 0.27 120,761,000 114,920,000 5.08 43. Cumis General Insurance................................ 0.26 119,550,000 96,121,000 24.37 44. Unica Insurance.............................................. 0.26 118,841,000 107,643,000 10.40 45. Old Republic Insurance Company.................. 0.26 116,947,000 58,707,000 99.20 46. Swiss Reinsurance Group.............................. 0.25 114,139,000 124,663,000 –8.44 47. RBC Insurance Company Of Canada............. 0.25 112,680,000 111,544,000 1.02 48. Boiler Inspection & Insurance Company........ 0.25 111,109,000 105,684,000 5.13 49. Stewart Title Guaranty Company.................... 0.23 104,294,000 95,066,000 9.71 50. Partner Reinsurance Company of the U.S...... 0.22 100,717,000 103,461,000 –2.65 51. Pafco Insurance Company............................. 0.22 100,578,000 93,893,000 7.12 52. ACE INA Insurance........................................ 0.21 95,998,000 110,064,000 –12.78 53. XL Specialty Insurance................................... 0.21 94,407,000 94,242,000 0.18 54. Affiliated FM Insurance................................... 0.21 93,733,000 86,439,000 8.44 55. Transatlantic Reinsurance.............................. 0.20 92,191,000 95,740,000 –3.71

Reduction (ICLR) went on record calling the Fort McMurray wildfire the largest insured wildfire loss in world insurance history, the first entity to do so. And while the overall scale of the loss is certain, what isn’t certain is just how impactful the event will be on the p&c industry, with as-yet unanswered questions, including the following: • How many homes have been totally destroyed? • How many have been partly physically damaged or damaged only by smoke? • How long will people be out of their homes and what impact will this have on additional living expenses (ALE)? • How many people will opt not to rebuild in Fort McMurray? • How accurate were insurers’ full replacement cost calculations? • How will demand surge play out? • What about business interruption costs? • What will the rest of the year bring vis-à-vis large catastrophe losses? Fortunately, for insureds in Fort McMurray — but unfortunately for the industry —Canadian insurers have gotten quite good at managing large catastrophe losses, including the processing of large numbers of claims, dealing with customers that will be out of their homes for long periods, and managing the process of rebuilding. Though the process could never be fast enough for those who lost their homes in Fort McMurray, at the end of it all, insureds will be made whole again, the industry will make sure of that. The big question is: Will insurers facilitate a process whereby the city

(Continued On Page 28) 26

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2016-06-06 3:25 PM PM 15-12-09 4:57

(Continued From Page 26)

How The Private Companies Rank (Total Business) N.P.W. (Excluding Life & Purely A&S Companies)

% of Market

2015 N.P.W.

2014 % N.P.W. Change

56. Heartland Farm Mutual................................. 0.20 89,446,000 83,881,000 6.63 57. Odyssey Reinsurance Company.................. 0.18 82,224,000 77,653,000 5.89 58. Red River Mutual.......................................... 0.18 81,091,000 74,915,000 8.24 59. Wynward Insurance Group........................... 0.17 75,099,000 69,447,000 8.14 60. Trisura Guarantee Insurance......................... 0.16 72,159,000 63,423,000 13.77 61. Berkley Insurance Company......................... 0.13 60,908,000 43,980,000 38.49 62. Everest Reinsurance Company.................... 0.12 54,259,000 61,267,000 –11.44 63. Saskatchewan Mutual Insurance.................. 0.12 53,737,000 50,009,000 7.45 64. General Reinsurance Corp............................ 0.12 53,673,000 53,739,000 –0.12 65. Western Financial Insurance......................... 0.11 51,293,000 48,979,000 4.72 66. XL Reinsurance America, Inc Cdn Branch.... 0.11 49,570,000 43,266,000 14.57 67. Motors Insurance Corporation...................... 0.10 45,034,000 50,808,000 –11.36 68. Mutual Fire Insurance Co of BC................... 0.10 43,292,000 52,945,000 –18.23 69. Great American Insurance............................ 0.09 41,831,000 40,900,000 2.28 70. Caisse Centrale De Reassurance................. 0.09 41,139,000 41,240,000 –0.24 71. Ontario School Board’s Insurance................ 0.09 40,054,000 39,326,000 1.85 72. Triton Insurance............................................ 0.08 37,228,000 36,445,000 2.15 73. AXIS Reinsurance Company......................... 0.08 36,942,000 0 0.00 74. Le Groupe Estrie–Richelieu........................... 0.08 36,555,000 33,838,000 8.03 75. Tokio Marine & Nichido Fire.......................... 0.07 32,013,000 32,292,000 –0.86 –3.72 76. Toa Reinsurance Co of America................... 0.07 30,371,000 31,543,000 77. Chicago Title................................................. 0.06 28,178,000 26,256,000 7.32 78. Mitsui Sumitomo Insurance.......................... 0.04 20,229,000 20,198,000 0.15 79. PEI Mutual Insurance Company................... 0.04 19,198,000 17,795,000 7.88 80. Associated Electric & Gas Insurance............ 0.04 17,659,000 26,033,000 –32.17 81. MAPFRE Re Compania De Re, S.A.............. 0.04 17,055,000 15,481,000 10.17 82. Hartford Fire Insurance................................. 0.04 16,373,000 14,414,000 13.59 7,482,000 109.09 83. Everest Insurance Co of Canada.................. 0.03 15,644,000 17.20 84. Federal Insurance Company......................... 0.03 15,053,000 12,844,000 85. Co–operative Hail Ins Co Ltd........................ 0.03 13,967,000 29,015,000 –51.86 86. Western Surety Company............................. 0.03 13,809,000 13,669,000 1.02 87. Sirius America Insurance.............................. 0.03 13,709,000 13,444,000 1.97 88. Aspen Insurance UK Limited........................ 0.03 13,583,000 12,622,000 7.61 89. Euler Hermes North America Insurance....... 0.03 13,430,000 16,814,000 –20.13 90. DAS Legal Protection Insurance Company.. 0.03 12,847,000 12,600,000 1.96 8.19 91. Munich Reinsurance America, Inc................ 0.02 9,812,000 9,069,000 92. Mennonite Mutual Fire Ins Company of SK.. 0.02 9,791,000 8,773,000 11.60 93. Legacy General Insurance............................ 0.02 9,127,000 9,969,000 –8.45 94. American Road Insurance Company............ 0.02 8,581,000 7,830,000 9.59 95. Kings Mutual Insurance Company................ 0.02 7,964,000 7,460,000 6.76 96. The Mearie Group......................................... 0.01 6,385,000 7,843,000 –18.59 97. Arch Insurance (Canada).............................. 0.01 6,043,000 13,065,000 –53.75 98. Sompo Japan Nipponkoa............................. 0.01 5,748,000 6,737,000 –14.68 99. Atradius Credit Insurance N.V...................... 0.01 5,173,000 3,848,000 34.43 100. Pacific Coast Fishermen’s Mutual Marine.... 0.01 5,062,000 5,643,000 –10.30 101. Antigonish Farmers’ Mutual.......................... 0.01 4,896,000 4,625,000 5.86 102. Fundy Mutual Insurance............................... 0.01 2,874,000 2,753,000 4.40 103. Electric Insurance Company......................... 0.01 2,620,000 0 0.00 104. Clare Mutual Insurance Company................ 0.00 1,832,000 1,856,000 –1.29 105. Omega General Insurance............................ 0.00 1,767,000 25,187,000 –92.98 106. Protective Insurance Company.................... 0.00 1,082,000 1,771,000 –38.90 107. T.H.E. Insurance Company........................... 0.00 492,000 825,000 –40.36 2,000 50,000 –96.00 108. Alea (Bermuda) Ltd....................................... 0.00 109. Corepointe Insurance................................... 0.00 –819,000 53,000 –1,645.28 TOTALS....................................................... 45,285,965,000 42,928,510,000

12-29_CoverStory 2016.indd 28

is “put back” the way is was, or will they play an active role in working to ensure that the Fort McMurray wildfire loss isn’t repeated some time again in the near future? In other words, will insurers be open to the concept of building back better? Prior to this event, ICLR had been working with its Insurance Advisory Committee on its Insurers Rebuild Better Homes program, which identifies best practices for the design and construction of homes to reduce the risk of loss and damage from several natural hazards, including wildfire. The program sets out three essential elements for each hazard — basement flooding, wildfire, extreme wind and hail — that provide the greatest impact on risk reduction, plus several additional elements that would further improve resilience if funds are available. These elements are actively encouraged when insurance companies respond to a total loss, but should also be considered with a partial loss event. Elements of the program dealing with wildfires are recommended in all areas at risk of wildfire, and are particularly important in the wildlandurban interface, such as Fort McMurray. This unfortunate loss event offers a great opportunity for Canada’s insurers to work with the Government of Alberta, the federal government and others to prevent a repeat of this disaster in the decades ahead. As noted many times in the popular culture: The definition of insanity is doing the same thing over and over again and expecting different results. Now is the time to break the cycle of loss that has taken a grip in Canada.

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2016-06-06 3:25 PM

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

% 2015 Market N.P.W.

ACE INA Insurance....................................... 0.21 95,998,000 Affiliated FM Insurance.................................. 0.21 93,733,000 AIG Insurance Co Of Canada........................ 0.85 385,389,000 Alberta Motor Association............................. 0.64 291,392,000 Alea (Bermuda) Ltd........................................ 0.00 2,000 Allianz Global Risks US.................................. 0.49 223,890,000 Allstate Insurance Co of Canada................... 3.03 1,370,172,000 American Road Insurance Company............. 0.02 8,581,000 Antigonish Farmers’ Mutual........................... 0.01 4,896,000 Arch Insurance (Canada)................................ 0.01 6,043,000 Aspen Insurance UK Limited......................... 0.03 13,583,000 Associated Electric & Gas Insurance............. 0.04 17,659,000 Atradius Credit Insurance N.V........................ 0.01 5,173,000 Aviva Canada Inc........................................... 8.58 3,883,490,000 AXIS Reinsurance Company.......................... 0.08 36,942,000 Berkley Insurance Company.......................... 0.13 60,908,000 Boiler Inspection & Insurance Company........ 0.25 111,109,000 CAA Insurance.............................................. 0.41 183,493,000 Caisse Centrale De Reassurance.................. 0.09 41,139,000 Chicago Title.................................................. 0.06 28,178,000 Chubb Insurance Co of Canada.................... 1.40 633,516,000 Clare Mutual Insurance Company................. 0.00 1,832,000 CNA Canada.................................................. 0.56 254,887,000 Co–operative Hail Ins Co Ltd......................... 0.03 13,967,000 Co–operators General Insurance Co............. 5.20 2,354,451,000 Corepointe Insurance..................................... 0.00 –819,000 Cumis General Insurance............................... 0.26 119,550,000 DAS Legal Protection Insurance Company... 0.03 12,847,000 Desjardins General Insurance Group............. 5.54 2,509,983,000 Echelon Insurance.......................................... 0.33 150,633,000 Economical Insurance.................................... 4.27 1,935,352,000 Electric Insurance Company.......................... 0.01 2,620,000 Euler Hermes North America Insurance......... 0.03 13,430,000 Everest Insurance Co of Canada................... 0.03 15,644,000 Everest Reinsurance Company...................... 0.12 54,259,000 Factory Mutual Insurance Company.............. 0.51 232,359,000 Farm Mutual Reinsurance Plan...................... 0.29 132,008,000 FCT ............................................................... 0.32 144,754,000 Federal Insurance Company.......................... 0.03 15,053,000 Fundy Mutual Insurance................................ 0.01 2,874,000 General Reinsurance Corp............................. 0.12 53,673,000 Gore Mutual Insurance Company.................. 0.80 361,454,000 Great American Insurance............................. 0.09 41,831,000 Guarantee Company Of North America......... 0.75 340,533,000 Hannover Ruck SE......................................... 0.54 243,021,000 Hartford Fire Insurance.................................. 0.04 16,373,000 Heartland Farm Mutual.................................. 0.20 89,446,000 Industrielle Alliance Compagnie..................... 0.52 237,152,000 Intact Financial Corporation......................... 16.41 7,432,733,000 Kings Mutual Insurance Company................. 0.02 7,964,000 La Capitale Assurances Gen Inc.................... 1.92 870,518,000 Lawyers’ Professional Indemnity................... 0.27 120,761,000 Le Groupe Estrie–Richelieu............................ 0.08 36,555,000 Legacy General Insurance............................. 0.02 9,127,000 Liberty Mutual Insurance............................... 0.53 241,059,000 30

Company

% 2015 Market N.P.W.

Lloyd’s Underwriters...................................... 6.80 3,077,761,000 L’Unique Assurances Generales.................... 0.38 173,092,000 MAPFRE Re Compania De Re, S.A............... 0.04 17,055,000 The Mearie Group.......................................... 0.01 6,385,000 Mennonite Mutual Fire Ins Company of SK... 0.02 9,791,000 Mitsui Sumitomo Insurance........................... 0.04 20,229,000 Motors Insurance Corporation....................... 0.10 45,034,000 Munich Reinsurance America, Inc................. 0.02 9,812,000 Munich Reinsurance Cda Group.................... 0.97 437,120,000 Mutual Fire Insurance Co of BC..................... 0.10 43,292,000 Northbridge Financial Corporation................ 2.50 1,132,822,000 Odyssey Reinsurance Company.................... 0.18 82,224,000 Old Republic Insurance Company................. 0.26 116,947,000 Omega General Insurance............................. 0.00 1,767,000 Ontario Mutual Insurance............................... 1.33 602,666,000 Ontario School Board’s Insurance................. 0.09 40,054,000 Optimum General Inc..................................... 0.28 125,057,000 PEI Mutual Insurance Company.................... 0.04 19,198,000 Pacific Coast Fishermen’s Mutual Marine...... 0.01 5,062,000 Pafco Insurance Company............................. 0.22 100,578,000 Partner Reinsurance Company of the U.S..... 0.22 100,717,000 Peace Hills General Insurance....................... 0.30 135,257,000 Pembridge Insurance Company.................... 0.53 240,419,000 Portage La Prairie Mutual.............................. 0.39 178,790,000 Promutuel Reassurance................................. 0.37 167,745,000 Protective Insurance Company...................... 0.00 1,082,000 RBC General Insurance................................. 1.74 789,163,000 RBC Insurance Company Of Canada............ 0.25 112,680,000 Red River Mutual........................................... 0.18 81,091,000 RSA Canada Group....................................... 5.85 2,650,905,000 Saskatchewan Mutual Insurance................... 0.12 53,737,000 SCOR Canada Reinsurance........................... 0.32 145,379,000 SGI Canada Group......................................... 1.37 620,840,000 Sirius America Insurance............................... 0.03 13,709,000 Sompo Japan Nipponkoa.............................. 0.01 5,748,000 SSQ, Societe D’Assurances Gen................... 0.46 208,358,000 Stewart Title Guaranty Company................... 0.23 104,294,000 Swiss Reinsurance Group.............................. 0.25 114,139,000 T.H.E. Insurance Company............................ 0.00 492,000 TD Insurance, General Insurance................... 6.60 2,986,668,000 Toa Reinsurance Co of America..................... 0.07 30,371,000 Tokio Marine & Nichido Fire........................... 0.07 32,013,000 Transatlantic Reinsurance.............................. 0.20 92,191,000 Travelers Canada........................................... 3.11 1,409,657,000 Trisura Guarantee Insurance.......................... 0.16 72,159,000 Triton Insurance.............................................. 0.08 37,228,000 Unica Insurance............................................. 0.26 118,841,000 Wawanesa Mutual Insurance......................... 4.81 2,177,268,000 Western Financial Insurance.......................... 0.11 51,293,000 Western Surety Company.............................. 0.03 13,809,000 Wynward Insurance Group............................ 0.17 75,099,000 XL Reinsurance America, Inc - Cdn Branch.... 0.11 49,570,000 XL Specialty Insurance.................................. 0.21 94,407,000 Zurich Insurance Company Ltd..................... 1.53 691,730,000 TOTALS.................................................... 45,285,965,000

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

% 2015 Market N.P.W.

1. Intact Financial Corporation................. 15.87 2,724,437,000

47. Heartland Farm Mutual........................ 0.28 48,324,000

2. Aviva Canada Inc................................. 8.09 1,389,652,000

48. Unica Insurance................................... 0.25 43,643,000

3. Lloyd’s Underwriters............................ 7.58 1,301,584,000

49. CAA Insurance.................................... 0.25 43,254,000

4. RSA Canada Group.............................. 6.14 1,054,641,000

50. General Reinsurance Corp................... 0.24 41,025,000

5. Wawanesa Mutual Insurance............... 5.94 1,019,002,000

51. Mutual Fire Insurance Co of BC........... 0.24 40,971,000

6. Co–operators General Insurance Co.... 5.59 958,944,000

52. Saskatchewan Mutual Insurance......... 0.23 39,781,000

7. Desjardins General Insurance Group... 5.37 922,041,000

53. Liberty Mutual Insurance...................... 0.20 34,980,000

8. TD Insurance, General Insurance......... 5.32 913,761,000

54. Le Groupe Estrie–Richelieu.................. 0.18 31,057,000

9. Economical Insurance.......................... 3.87 663,654,000

55. Everest Reinsurance Company............ 0.13 22,419,000

10. Travelers Canada................................. 2.69 462,351,000

56. XL Specialty Insurance......................... 0.13 22,399,000

11. Northbridge Financial Corporation....... 2.33 400,203,000

57. Echelon Insurance................................ 0.13 22,293,000

12. La Capitale Assurances Gen Inc.......... 2.04 350,186,000

58. Caisse Centrale De Reassurance......... 0.11 19,040,000

13. Ontario Mutual Insurance..................... 1.94 333,427,000

59. ACE INA Insurance.............................. 0.11 18,130,000

14. Allstate Insurance Co of Canada......... 1.92 329,317,000

60. Great American Insurance.................... 0.10 17,617,000

15. SGI Canada Group............................... 1.83 313,606,000

61. XL Reinsurance America, Inc - Cdn Branch 0.10 17,546,000

16. Chubb Insurance Co of Canada.......... 1.68 287,935,000

62. PEI Mutual Insurance Company........... 0.10 16,800,000

17. Zurich Insurance Company Ltd............ 1.56 268,394,000

63. Ontario School Board’s Insurance....... 0.09 15,003,000

18. Munich Reinsurance Cda Group.......... 1.24 212,203,000

64. MAPFRE Re Compania De Re, S.A..... 0.08 14,181,000

19. Factory Mutual Insurance Company.... 1.01 173,347,000

65. Toa Reinsurance Co of America.......... 0.08 13,939,000

20. RBC General Insurance........................ 0.99 170,722,000

66. Tokio Marine & Nichido Fire................. 0.08 13,483,000

21. Gore Mutual Insurance Company........ 0.89 152,984,000

67. Aspen Insurance UK Limited................ 0.07 12,459,000

22. Hannover Ruck SE............................... 0.77 132,437,000

68. RBC Insurance Company Of Canada.. 0.07 11,839,000

23. Promutuel Reassurance....................... 0.77 132,095,000

69. Hartford Fire Insurance........................ 0.07 11,568,000

24. AIG Insurance Co Of Canada............... 0.77 131,862,000

70. Sirius America Insurance...................... 0.07 11,412,000

25. SCOR Canada Reinsurance................. 0.69 117,971,000

71. Triton Insurance................................... 0.05 9,442,000

26. Allianz Global Risks US........................ 0.61 104,179,000

72. Mennonite Mutual Fire Ins Company of SK 0.05

27. Industrielle Alliance Compagnie........... 0.57 98,213,000

73. Old Republic Insurance Company....... 0.05 7,766,000

8,821,000

95,162,000

74. Kings Mutual Insurance Company....... 0.04 7,014,000

29. Portage La Prairie Mutual..................... 0.55 94,559,000

75. Boiler Inspection & Insurance Company. 0.04 6,530,000

30. SSQ, Societe D’Assurances Gen......... 0.50 86,526,000

76. Mitsui Sumitomo Insurance................. 0.03 5,865,000

28. Guarantee Company Of North America

0.55

31. Swiss Reinsurance Group.................... 0.49 84,985,000

77. Everest Insurance Co of Canada......... 0.03 5,699,000

32. Affiliated FM Insurance........................ 0.49 84,451,000

78. Munich Reinsurance America, Inc....... 0.03 5,213,000

33. Peace Hills General Insurance............. 0.48 83,257,000

79. AXIS Reinsurance Company................ 0.03 4,808,000

34. Farm Mutual Reinsurance Plan............ 0.46 79,541,000

80. Antigonish Farmers’ Mutual................. 0.03 4,306,000

35. Red River Mutual.................................. 0.44 75,956,000

81. Federal Insurance Company................ 0.02 4,226,000

36. CNA Canada........................................ 0.44 75,159,000

82. Berkley Insurance Company................ 0.02 4,100,000

37. L’Unique Assurances Generales.......... 0.44 74,890,000

83. Fundy Mutual Insurance....................... 0.02 2,823,000

38. Alberta Motor Association.................... 0.43 74,487,000

84. Arch Insurance (Canada)...................... 0.02 2,686,000

39. Optimum General Inc........................... 0.41 70,982,000

85. Sompo Japan Nipponkoa.................... 0.01 2,155,000

40. Partner Reinsurance Company of the U.S.. 0.41 70,430,000

86. Clare Mutual Insurance Company........ 0.01 1,699,000

41. Cumis General Insurance..................... 0.36 61,641,000

87. Associated Electric & Gas Insurance... 0.01 1,326,000

42. Wynward Insurance Group.................. 0.34 57,523,000

88. The Mearie Group................................ 0.00

519,000

43. Odyssey Reinsurance Company.......... 0.32 54,214,000

89. Trisura Guarantee Insurance................ 0.00

333,000

44. Pembridge Insurance Company.......... 0.31 53,358,000

90. Omega General Insurance................... 0.00

175,000

45. Transatlantic Reinsurance.................... 0.31 53,067,000

91. T.H.E. Insurance Company.................. 0.00

39,000

92. Alea (Bermuda) Ltd............................... 0.00

–1,000

46. Western Financial Insurance................ 0.30 51,293,000

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

32-33_Rank Property 2016.indd 32

17,169,336,000

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2016-06-06 3:27 PM

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32-33_Rank Property 2016.indd 33

2016-06-06 3:27 PM

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

% 2015 Market N.P.W.

1. Intact Financial Corporation............... 20.55 4,242,453,000

42. Hannover Ruck SE............................. 0.11

21,716,000

2. TD Insurance, General Insurance....... 9.97 2,057,510,000

43. SCOR Canada Reinsurance............... 0.05

11,294,000

3. Aviva Canada Inc............................... 9.71 2,004,893,000

44. Odyssey Reinsurance Company........ 0.05

11,025,000

4. Desjardins General Insurance Group. 7.51 1,549,848,000

45. Saskatchewan Mutual Insurance....... 0.04

9,228,000

5. RSA Canada Group............................ 5.80 1,196,409,000

46. Caisse Centrale De Reassurance....... 0.04

9,152,000

6. Co–operators General Insurance Co.. 5.51 1,138,393,000

47. American Road Insurance Company. 0.04

8,581,000

7. Wawanesa Mutual Insurance............. 5.38 1,111,299,000

48. Tokio Marine & Nichido Fire............... 0.04

8,485,000

8. Economical Insurance........................ 5.38 1,110,069,000

49. Transatlantic Reinsurance.................. 0.04

8,457,000

9. Allstate Insurance Co of Canada....... 5.04 1,040,717,000

50. ACE INA Insurance............................ 0.04

8,017,000

10. Travelers Canada............................... 3.37

694,668,000

51. Toa Reinsurance Co of America........ 0.03

6,846,000

11. RBC General Insurance...................... 3.00

618,441,000

52. Everest Reinsurance Company.......... 0.03

5,952,000

12. La Capitale Assurances Gen Inc........ 2.41

497,646,000

53. General Reinsurance Corp................. 0.03

5,444,000

13. Northbridge Financial Corporation..... 2.30

475,766,000

54. Swiss Reinsurance Group.................. 0.02

3,764,000

14. SGI Canada Group............................. 1.25

257,485,000

55. Mitsui Sumitomo Insurance............... 0.02

3,711,000

15. Ontario Mutual Insurance................... 1.06

218,801,000

56. Partner Reinsurance Co of the U.S..... 0.02

3,704,000

16. Alberta Motor Association.................. 1.04

215,555,000

57. XL Reinsurance America, Inc - Cdn Branch. 0.01

2,994,000

17. Pembridge Insurance Company........ 0.91

187,061,000

58. Federal Insurance Company.............. 0.01

2,021,000

18. Gore Mutual Insurance Company...... 0.85

176,484,000

59. Sirius America Insurance.................... 0.01

1,675,000

19. Zurich Insurance Company Ltd.......... 0.74

153,176,000

60. Sompo Japan Nipponkoa.................. 0.01

1,469,000

20. CAA Insurance.................................. 0.67

139,331,000

61. Ontario School Board’s Insurance..... 0.01

1,345,000

21. Industrielle Alliance Compagnie......... 0.67

138,939,000

62. Hartford Fire Insurance...................... 0.01

1,217,000

22. Echelon Insurance.............................. 0.59

122,024,000

63. Protective Insurance Company.......... 0.01

1,082,000

23. SSQ, Societe D’Assurances Gen....... 0.59

121,832,000

64. Le Groupe Estrie–Richelieu................ 0.01

1,060,000

24. Pafco Insurance Company................. 0.49

100,578,000

65. XL Specialty Insurance....................... 0.01

1,041,000

25. L’Unique Assurances Generales........ 0.48

99,191,000

66. Munich Reinsurance America, Inc..... 0.00

711,000

26. Guarantee Company Of North America. 0.42

87,024,000

67. The Mearie Group.............................. 0.00

642,000

27. Munich Reinsurance Cda Group........ 0.42

85,997,000

68. Arch Insurance (Canada).................... 0.00

384,000

28. Chubb Insurance Co of Canada........ 0.41

84,651,000

69. Motors Insurance Corporation........... 0.00

319,000

29. Portage La Prairie Mutual................... 0.37

77,218,000

70. Mennonite Mutual Fire Ins Co of SK..... 0.00

317,000

30. Unica Insurance................................. 0.34

69,637,000

71. Omega General Insurance................. 0.00

294,000

31. Lloyd’s Underwriters.......................... 0.28

57,723,000

72. Aspen Insurance UK Limited.............. 0.00

152,000

32. Old Republic Insurance Company..... 0.26

53,730,000

73. Electric Insurance Company.............. 0.00

136,000

33. Peace Hills General Insurance........... 0.25

52,000,000

74. Great American Insurance.................. 0.00

51,000

34. Cumis General Insurance................... 0.21

44,256,000

75. Everest Insurance Co of Canada....... 0.00

49,000

35. Farm Mutual Reinsurance Plan.......... 0.19

38,242,000

76. T.H.E. Insurance Company................ 0.00

27,000

36. Optimum General Inc......................... 0.17

35,326,000

77. Allianz Global Risks US...................... 0.00

12,000

37. Heartland Farm Mutual...................... 0.17

34,976,000

78. Alea (Bermuda) Ltd............................. 0.00

3,000

38. CNA Canada...................................... 0.15

30,726,000

79. Berkley Insurance Company.............. 0.00

–3,000

39. Promutuel Reassurance..................... 0.14

29,478,000

80. Corepointe Insurance......................... 0.00

–788,000

40. AIG Insurance Co Of Canada............. 0.14

29,145,000

81. RBC Insurance Company Of Canada.... –0.02

41. Liberty Mutual Insurance.................... 0.12

25,662,000

34-35_Rank Auto 2016.indd 34

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

–3,210,000 20,642,736,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:27 PM

REST ASSURED

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assuredauto.ca 34-35_Rank Auto 2016.indd 35

2016-06-06 3:27 PM

36-39_Gen Comp 2016.indd 36

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:28 PM

CdnUn

10.

11.

12.

13.

14.

15.

16.

17.

18.

19.

30.

28.

29.

26.

27.

24.

25.

22.

23.

20.

21.

4,547,996,000

62.96 1,188,235,000

$ %

260,339,000

864,722,000

Combined Loss & Exp. Ratio

32.02

2,888,157,000

1,643,305,000

56.90

692,517,000

75,509,000

10,991,000

26.97

253,661,000

11.15

$ %

Return on Equity

83.87

465,835,000

98,940,000

34.36

2,944,562,000

1,859,585,000

63.15

–28,763,000

111,458,000

711,912,000

26.99

98.49

90.14

758,302,000

543,272,000 71.64

23,573,000 159,132,000 24.09

95.73

97.18

94.58

97.05

99.67

98.91

17.00

32,325,000

31,569,000 14.65

27,611,000 26,344,000 12.28

65,694,000 168,336,000 12.50

69,400,000 67,639,000 14.39

17,000,000 104,596,000 5.90

47,335,000 176,591,000 10.17

31,471,000 439,040,000 9.30

88.79

69,536,000 52,409,000 10.48

95.47

38,306,000 30,670,000 4.20

2,127,000 5,527,000 5.11

(Continued On Page 38)

CAA Insurance......................................... 183,493,000 178,107,000 94,267,000 52.93 1,403,000 5,857,000 66,859,000 41.61 94.54 13,411,000 18,308,000 16.67

SSQ, Societe D’Assurances Gen.............. 208,358,000 216,489,000 147,282,000 68.03 7,631,000 7,570,000 51,879,000 30.99 99.02

Allianz Global Risks US............................. 223,890,000 205,814,000 160,518,000 77.99 16,799,000 12,358,000 41,897,000 34.52 112.51 –25,758,000 16,349,000 –0.03

Factory Mutual Insurance Company......... 232,359,000 224,987,000 257,119,000 114.28 –16,374,000 12,429,000 47,265,000 19.25 133.53 –75,452,000 42,649,000 –0.40

Industrielle Alliance Compagnie................ 237,152,000 230,507,000 161,138,000 69.91 5,200,000 9,095,000 60,434,000 32.42 102.33 –5,360,000 2,065,000 –5.99

Pembridge Insurance Company............... 240,419,000 236,149,000 170,845,000 72.35 41,696,000 7,607,000 24,392,000 31.21 103.56 –2,745,000 8,757,000 3.31

Liberty Mutual Insurance........................... 241,059,000 226,150,000 137,944,000 61.00 12,301,000 9,119,000 27,859,000 21.79 82.79 38,927,000 28,885,000 10.81

CNA Canada............................................. 254,887,000 254,113,000 125,003,000 49.19 48,329,000 7,742,000 30,814,000 34.19 83.38 42,055,000 33,701,000 11.35

Alberta Motor Association......................... 291,392,000 298,255,000 233,855,000 78.41 35,090,000 9,351,000 36,721,000 27.21 105.62 –6,995,000 –774,000 –2.73

Guarantee Company Of North America.... 340,533,000 329,915,000 156,091,000 47.31 82,970,000 10,904,000 58,671,000 46.24 93.55 20,680,000 54,857,000 11.58

Gore Mutual Insurance Company............. 361,454,000 348,049,000 212,506,000 61.06 74,171,000 12,614,000 42,531,000 37.15 98.21 15,710,000 13,451,000 8.22

AIG Insurance Co Of Canada.................... 385,389,000 532,748,000 312,208,000 58.60 11,641,000 35,504,000 74,087,000 22.76 81.36 100,381,000 105,025,000 16.86

Ontario Mutual Insurance.......................... 602,666,000 585,668,000 326,889,000 55.81 116,746,000 1,416,000 114,138,000 39.66

SGI Canada Group.................................... 620,840,000 583,655,000 345,286,000 59.16 129,898,000 26,892,000 68,215,000 38.55 97.71 16,986,000 48,032,000 19.13

Chubb Insurance Co of Canada............... 633,516,000 620,542,000 324,939,000 52.36 102,532,000 21,500,000 102,035,000 36.43

Zurich Insurance Company Ltd................. 691,730,000 743,084,000 785,931,000 105.77 69,723,000 42,179,000 139,114,000 33.78 139.55 –272,403,000 58,070,000 –16.77

RBC General Insurance............................. 789,163,000

La Capitale Assurances Gen Inc............... 870,518,000 843,546,000 528,269,000 62.62 102,376,000 28,457,000 160,678,000 34.56

Northbridge Financial Corporation............ 1,132,822,000 1,117,144,000 657,126,000 58.82 177,040,000 38,652,000 183,766,000 35.76

Allstate Insurance Co of Canada.............. 1,370,172,000 1,311,777,000 917,348,000 69.93 103,328,000 41,800,000 210,651,000 27.12

Travelers Canada...................................... 1,409,657,000 1,434,030,000 861,953,000 60.11 259,052,000 49,174,000 259,092,000 39.56

Economical Insurance............................... 1,935,352,000 1,905,655,000 1,222,938,000 64.17 363,688,000 66,715,000 231,638,000 34.74

218,859,000

59,803,000 143,723,000 11.00

280,935,000

93.43 177,844,000 130,668,000 8.25

Wawanesa Mutual Insurance.................... 2,177,268,000 2,134,314,000 1,477,854,000 69.24 393,916,000 76,390,000 187,563,000 30.82 100.06

Co–operators General Insurance Co........ 2,354,451,000 2,271,646,000 1,486,937,000 65.46 307,623,000 72,528,000 370,162,000 33.03

Desjardins General Insurance Group........ 2,509,983,000

RSA Canada Group................................... 2,650,905,000 2,703,528,000 1,672,832,000 61.88 363,481,000 97,913,000 391,458,000 31.55

TD Insurance, General Insurance.............. 2,986,668,000 2,955,390,000 2,293,581,000 77.61 483,991,000 100,301,000 288,879,000 29.55 107.16 –211,362,000 183,110,000 –1.31

Lloyd’s Underwriters................................. 3,077,761,000

461,242,000

Undrwtg. Profit Inv. or Loss Income

94.79 200,545,000 120,331,000 15.75

94.98

% %

Total Expense Ratio

Aviva Canada Inc...................................... 3,883,490,000 3,854,923,000 2,453,396,000 63.64 779,927,000 134,129,000 286,926,000 31.15

7,223,437,000

Earned Loss General Ratio Commissions Taxes Expenses

GENERAL COMPANIES (PRIVATE SECTOR) RESULTS

(from figures supplied by the companies for 2015 business transacted in Canada)

Net Premiums Net Claims Premiums Earned & Adjusting Written 100% Basis Expenses

Intact Financial Corporation...................... 7,432,733,000

UNDERWRITING RESULTS

There

when you need us most

Any time, day or night, Crawford is ready to help Crawford puts you and your clients first during catastrophic events, no matter when or where they happen. We have helped countless businesses recover and thrive after disaster strikes. For more information on how Crawford can help, contact us at info@crawco.ca.

www.crawfordandcompany.ca

CdnUnderwriterCrawford-2016-Helping.indd 1 36-39_Gen Comp 2016.indd 37

5/26/2016 9:38:41 AM 2016-06-06 3:28 PM

36-39_Gen Comp 2016.indd 38

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:28 PM

32.

33.

64.

63.

61.

62.

59.

60.

57.

58.

55.

56.

54.

53.

52.

46.

51.

45.

44.

43.

50.

42.

41.

49.

40.

39.

47.

38.

48.

37.

36.

35.

$ %

Earned Loss General Ratio Commissions Taxes Expenses

Combined Loss & Exp. Ratio

% %

Total Expense Ratio

46,294,000 31.98

271,000

4,816,000

76,440,000 56.32

88.30

$ %

Return on Equity

16,933,000

4,499,000 22.19

2,163,000 7,580,000 7.50

7,869,000 5,196,000 13.26

762,000 6,056,000 5.79

Undrwtg. Profit Inv. or Loss Income

120,670,000

80,745,000 66.91

–1,828,000

3,836,000

17,999,000 16.58

83.49

3,430,000 7,887,000 8.38

2,544,000 4,929,000 7.49

18,541,000 12.74

8,279,000 2,705,000 10.82 19,918,000

9,008,000 7,426,000 15.28

104,294,000

27,322,000 26.20

3,272,000

52,775,000 53.74

79.94

72,079,000 65.45 –3,937,000 10,267,000 27,261,000 30.50

95.95

2,697,000 15.60

4,455,000 29,903,000 14.77

7,751,000 2,971,000 12.23

20,925,000

9,434,000 2,422,000 14.59

2,150,000 –2,605,000 –0.27

76,000 4,322,000 5.86

6,162,000 2,422,000 10.81

1,817,000 3,923,000 11.01

–533,000 4,732,000 2.38

9,000 1,042,000 5,706,000 16.92 47.02 21,158,000 5,548,000 16.05

28,178,000

5,758,000 20.43 14,447,000

705,000

1,980,000 60.80

81.23

548,000 12.07 –404,000 2,011,000 2.22

5,294,000

PEI Mutual Insurance Company................ 19,198,000 18,409,000 13,579,000 73.76 2,257,000 211,000 3,900,000 34.59 108.35 –1,538,000 2,875,000 3.13

Mitsui Sumitomo Insurance...................... 20,229,000 20,189,000 14,307,000 70.87 1,817,000 767,000 3,702,000 31.14 102.01

Chicago Title............................................. 28,178,000

Tokio Marine & Nichido Fire...................... 32,013,000 31,166,000 18,025,000 57.84 4,158,000 938,000 6,100,000 35.92 93.76 1,953,000 1,217,000 4.01

Le Groupe Estrie–Richelieu....................... 36,555,000 35,402,000 16,030,000 45.28 7,062,000 4,796,000 33.50 78.78 7,514,000 3,620,000 11.44

Triton Insurance........................................ 37,228,000 39,936,000 12,021,000 30.10

Ontario School Board’s Insurance............ 40,054,000 40,523,000 31,182,000 76.95 1,109,000 2,772,000 9.58 86.53 5,460,000 8,657,000 14.70

Great American Insurance........................ 41,831,000 42,346,000 22,221,000 52.47 7,213,000 2,798,000 10,647,000 48.78 101.25

Mutual Fire Insurance Co of BC................ 43,292,000 41,399,000 27,552,000 66.55 7,497,000 1,995,000 5,764,000 36.85 103.40 –1,446,000 2,508,000 2.71

Motors Insurance Corporation.................. 45,034,000 48,830,000 16,360,000 33.50 1,106,000 2,684,000 2,270,000 12.41 45.91 26,420,000 11,715,000 13.68

Western Financial Insurance..................... 51,293,000 51,174,000 30,060,000 58.74 1,189,000 1,939,000 14,935,000 35.30 94.04 4,115,000 551,000 16.89

Saskatchewan Mutual Insurance.............. 53,737,000 51,829,000 27,136,000 52.36 10,411,000 2,791,000 10,136,000 45.03 97.39

Berkley Insurance Company..................... 60,908,000 47,586,000 28,939,000 60.81 7,781,000 1,581,000 13,694,000 48.45 109.26 –4,113,000 2,687,000 –2.32

Trisura Guarantee Insurance..................... 72,159,000 64,595,000 13,177,000 20.40 20,560,000 3,083,000 21,181,000 69.39 89.79

Wynward Insurance Group....................... 75,099,000 71,215,000 38,831,000 54.53 15,468,000 3,625,000 11,141,000 42.45 96.98

Red River Mutual....................................... 81,091,000 77,234,000 45,914,000 59.45 19,946,000 3,729,000 8,780,000 42.02 101.47

Heartland Farm Mutual............................. 89,446,000 86,171,000 46,282,000 53.71 19,565,000 2,837,000 12,742,000 40.78 94.49

Affiliated FM Insurance............................. 93,733,000 89,460,000 47,945,000 53.59 5,860,000 3,547,000 13,023,000 25.07 78.66 19,074,000 13,611,000 15.45

XL Specialty Insurance.............................. 94,407,000 87,524,000 108,983,000 124.52 3,512,000 5,050,000 28,277,000 42.09 166.61 –58,398,000 9,214,000 –0.15

ACE INA Insurance................................... 95,998,000 110,125,000

Pafco Insurance Company........................ 100,578,000 98,139,000 65,406,000 66.65 14,216,000 3,085,000 11,033,000 28.87 95.52

Stewart Title Guaranty Company.............. 104,294,000

Boiler Inspection & Insurance Company... 111,109,000 107,546,000 32,677,000 30.38 26,119,000 1,450,000 21,039,000 45.20 75.58 26,261,000 5,433,000 28.91

RBC Insurance Company Of Canada....... 112,680,000 112,720,000 46,833,000 41.55 10,736,000 2,557,000 43,586,000 50.46 92.01

Old Republic Insurance Company............ 116,947,000 114,444,000 62,187,000 54.34 28,633,000 3,018,000 14,091,000 39.97 94.31 11,174,000 3,798,000 16.90

Unica Insurance........................................ 118,841,000 116,891,000 76,008,000 65.02 20,869,000 3,763,000 15,467,000 34.30 99.32

Cumis General Insurance.......................... 119,550,000 114,124,000 69,990,000 61.33 23,508,000 4,408,000 13,126,000 35.96 97.29

Lawyers’ Professional Indemnity.............. 120,761,000

Optimum General Inc................................ 125,057,000 125,279,000 69,690,000 55.63 17,527,000 5,568,000 24,215,000 37.76 93.39

Peace Hills General Insurance.................. 135,257,000 143,727,000 91,234,000 63.48 28,814,000 7,629,000 22,867,000 41.27 104.75 –4,083,000 6,187,000 2.23

144,754,000

Echelon Insurance..................................... 150,633,000 146,669,000 90,735,000 61.86 25,443,000 5,254,000 25,311,000 38.19 100.05

L’Unique Assurances Generales............... 173,092,000 175,222,000 107,826,000 61.54 76,170,000 6,143,000 25,378,000 61.46 123.00

Portage La Prairie Mutual.......................... 178,790,000 184,642,000 117,142,000 63.44 35,253,000 7,596,000 27,269,000 37.98 101.42

GENERAL COMPANIES (PRIVATE SECTOR) RESULTS

(from figures supplied by the companies for 2015 business transacted in Canada)

Net Premiums Net Claims Premiums Earned & Adjusting Written 100% Basis Expenses

34. FCT............................................................ 144,754,000

31.

UNDERWRITING RESULTS

(Continued From Page 36)

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

36-39_Gen Comp 2016.indd 39

2016-06-06 3:28 PM

66.

67.

68.

69.

70.

71.

Premiums Earned 100% Basis $

Earned Loss General Ratio Commissions Taxes Expenses

$ %

Net Claims & Adjusting Expenses

Combined Loss & Exp. Ratio

% %

Total Expense Ratio $

Return on Equity $ %

Undrwtg. Profit Inv. or Loss Income

11,762,000

7,412,000 63.02 –7,225,000

13,967,000

8,445,000 60.46 –1,177,000

90.08

926,000

2,263,000 14.41

74.87

1,360,000 3.32

3,510,000

2,775,000 8.00

–876,000 2,170,000 –3.61

1,167,000

Euler Hermes North America Insurance.... 13,430,000 11,746,000 11,488,000 97.80 –6,462,000 1,709,000 7,997,000 27.62 125.42

–833,000 1,252,000 1.48

Western Surety Company......................... 13,809,000 12,917,000 –266,000 –2.06 8,647,000 478,000 2,009,000 86.20 84.14 2,049,000 1,994,000 12.92

Co–operative Hail Ins Co Ltd.................... 13,967,000

8,303,000 27.06

24,000 4,049,000 33.18 105.71

2,105,000

Federal Insurance Company..................... 15,053,000 15,334,000 11,122,000 72.53 1,015,000

Everest Insurance Co of Canada.............. 15,644,000

Hartford Fire Insurance............................. 16,373,000 15,376,000 13,026,000 84.72 964,000 483,000 3,478,000 32.03 116.75 –2,575,000 3,047,000 0.00

Associated Electric & Gas Insurance........ 17,659,000 10,245,000 16,120,000 157.35 –2,016,000 814,000 5,723,000 44.13 201.48 2,901,000 3,564,000 14.45

Net Premiums Written

GENERAL COMPANIES (PRIVATE SECTOR) RESULTS

(from figures supplied by the companies for 2015 business transacted in Canada)

74.

75.

76.

77.

78.

79.

80.

81.

82.

83.

84.

85.

86.

87.

88.

8,581,000

7,707,000 89.81

279,000

612,000 10.38

100.19

–17,000

365,000 1.89

–762,000 569,000 0.00

6,043,000

5,206,000

4,730,000

5,875,000

9,014,000

6,284,000

4,821,000 76.72

–819,000

840,000

376,000

464,000

177,000

2,487,000

371,000 7.13

2,481,000 52.45

1,259,000 21.43

10,575,000 117.32 –11,700,000

983,000 18.88

4,183,000 80.93

1,540,000 43.52

89.87

2,510,000 45.93 17,314,000

26.01

133.38

64.95

207.19

122.65

3,852,000

–1,327,000

2,039,000

–9,662,000

–1,177,000

337,000 56.93

116,000 –0.40

1,424,000 3.45

5,304,000 –1.38

7,543,000 9.44

2,620,000

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

Protective Insurance Company................. –819,000

1,082,000

Omega General Insurance........................ 1,767,000

Clare Mutual Insurance Company............. 1,832,000

Electric Insurance Company.....................

Fundy Mutual Insurance............................ 2,874,000

–789,000

1,082,000

2,856,000

1,775,000

2,620,000

2,794,000

643,000

–873,000 110.65

2,343,000 216.54

370,000

132,000

–7,000

164,000

3,000

81,000

1,561,000

125,000

1,435,000 50.25 –1,243,000

571,000 32.17

–1,207,000 –46.07

1,907,000 68.25

–6.38

32.12

152,000 –18.76

–314,000

1,309,000 56.97

1,051,000 66.25

713,000 41.34

1,336,000 75.55

–64,000

–1,820,000

–206,000

130,000

2,744,000

–1,168,000

312,000

1.73

205,000 –0.06

675,000 3.54

128,000 12.93

4.78

–26,000 –7.26 1,242,000

96.56 1,868,563,000 2,913,293,000

91.89

210.16

107.22

98.42

–4.73

143.80

Antigonish Farmers’ Mutual...................... 4,896,000 4,839,000 2,773,000 57.31 759,000 231,000 914,000 39.35 96.66 162,000 –1,226,000 –5.52

Pacific Coast Fishermen’s Mutual Marine. 5,062,000

Atradius Credit Insurance N.V................... 5,173,000

Sompo Japan Nipponkoa......................... 5,748,000

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

The Mearie Group..................................... 6,385,000

Kings Mutual Insurance Company............ 7,964,000 7,790,000 5,341,000 68.56 1,567,000 301,000 3,015,000 62.68 131.24 –2,336,000 2,436,000 0.47

American Road Insurance Company........ 8,581,000

Legacy General Insurance........................ 9,127,000 5,182,000 1,758,000 33.93 1,852,000 2,334,000 80.78 114.71

Mennonite Mutual Fire Ins Co of SK......... 9,791,000 9,247,000 3,162,000 34.19 1,573,000 436,000 2,193,000 45.44 79.63 2,042,000 347,000 23.11

TOTALS........................................................ 43,450,814,000 43,233,364,000 27,859,981,000 64.44 6,367,633,000 1,535,905,000 5,983,164,000

73.

72. DAS Legal Protection Insurance Company.. 12,847,000 11,876,000 9,527,000 80.22 2,314,000 300,000 5,613,000 69.27 149.49 –5,878,000 206,000 –79.95

65.

UNDERWRITING RESULTS

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38250 B

2016-06-06 3:30 PM

Northbridge Financial Corporation............ 1,267,442,000 27,720,000 4,874,000 26,044,000 26,372,000 211,748,000 517,124,000 22,974,000 51,534,000 236,585,000 135,909,000 1,509,000 2,882,000 2,167,000

AIG Insurance Co Of Canada.................... 1,148,135,000 10,666,000 2,013,000 15,356,000 18,796,000 168,103,000 413,001,000 38,489,000 31,708,000 301,957,000 138,510,000 2,436,000 3,636,000 3,464,000

Zurich Insurance Company Ltd................. 938,531,000 10,835,000

La Capitale Assurances Gen Inc............... 879,710,000

RBC General Insurance............................. 805,545,000 11,327,000 3,066,000 16,832,000 12,263,000 28,721,000 635,637,000 1,235,000 2,026,000 82,049,000 11,090,000 468,000 406,000 425,000

Ontario Mutual Insurance.......................... 697,410,000 697,410,000

13.

14.

15.

16.

17.

40,664,000

49,554,000 57,574,000

24,669,000 96,501,000

57,286,000

965,052,000 1,036,075,000

4,000

18,131,000

7,000

13,207,000

143,181,000

200,077,000

19,000

107,660,000

62,000

234,000

956,000 3,552,000

53,000

1,971,000

2,000

4,000

6,000

64,883,000 306,839,000

196,000

200,000

4,116,000

21,418,000 462,741,000 106,967,000

854,000 75,425,000

24,000

11,000

48,000

22,000

49,000

Cumis General Insurance.......................... 258,294,000 1,788,000 1,321,000 6,869,000 6,397,000 17,954,000 132,251,000 16,973,000 6,887,000 30,743,000 36,771,000 180,000 127,000

Factory Mutual Insurance Company......... 257,527,000

Pembridge Insurance Company................ 241,148,000 16,862,000 17,359,000 2,050,000 183,129,000 21,664,000 15,000 56,000 13,000

Industrielle Alliance Compagnie................ 238,359,000 238,359,000

27.

28.

29.

30.

23,000

26,000

3,883,000 36,138,000

11,872,000 (Continued On Page 42)

41,464,000

54,714,000

11,325,000

40,611,000

2,013,000

717,000

Portage La Prairie Mutual.......................... 202,046,000

46,967,000 1,673,000 1,502,000

33.

7,241,000 156,742,000

Peace Hills General Insurance.................. 230,503,000

214,277,000 214,277,000 SSQ, Societe D’Assurances Gen..............

32.

15,661,000

33,000 303,000

31.

9,781,000 1,245,000 4,401,000 11,194,000 45,276,000 84,749,000 11,167,000 13,730,000 30,227,000 45,240,000 65,000 149,000

762,000 112,000 1,901,000 2,211,000 38,760,000 90,949,000 15,450,000 8,591,000 57,169,000 44,156,000 138,000 524,000 518,000

160,000

CNA Canada............................................. 261,241,000

22,000 304,697,000

26.

45,000

Liberty Mutual Insurance........................... 261,493,000 2,059,000 319,000 4,698,000 48,525,000 32,363,000 84,119,000 4,155,000 4,028,000 56,130,000 24,747,000 143,000 184,000

25.

546,000 3,425,000 7,424,000 48,375,000 132,196,000 7,227,000 13,715,000 59,425,000 43,790,000 588,000 517,000 1,183,000

ACE INA Insurance................................... 321,062,000

Alberta Motor Association......................... 304,924,000

815,000 7,088,000 3,641,000 62,807,000 124,126,000 8,764,000 15,613,000 65,659,000 78,760,000 1,729,000 2,093,000 1,670,000

23.

2,651,000

9,000 13,000

24.

2,824,000

Guarantee Company Of North America.... 382,892,000 2,757,000 698,000 6,835,000 4,415,000 58,420,000 247,448,000 5,841,000 1,823,000 29,366,000 25,022,000 49,000 169,000

79,000

Allianz Global Risks US............................. 375,589,000

310,000

21.

4,000

22.

162,000

6,000

Gore Mutual Insurance Company............. 387,416,000

–86,000

20.

26,000

Chubb Insurance Co of Canada................ 683,084,000 2,611,000 397,000 3,074,000 3,296,000 99,398,000 373,416,000 9,452,000 5,556,000 93,293,000 91,769,000 246,000 437,000 139,000

125,802,000

SGI Canada Group.................................... 656,923,000

8,000 753,917,000

19.

43,000

744,000 11,705,000 9,012,000 167,172,000 365,810,000 17,765,000 19,464,000 216,833,000 106,600,000 437,000 11,095,000 1,059,000

3,000

17,157,000

18.

4,000

26,919,000

167,000

87,000

540,000

12.

7,178,000 7,457,000

Allstate Insurance Co of Canada............... 1,374,381,000

138,737,000

Travelers Canada....................................... 1,486,191,000

657,833,000

11.

91,557,000

10.

43,221,000

3,292,000 6,353,000 62,809,000 63,348,000 127,477,000 1,151,832,000 11,201,000 5,401,000 274,357,000 297,237,000 160,000 342,000

1,129,678,000

Economical Insurance............................... 2,003,976,000

98,130,000

64,243,000

Wawanesa Mutual Insurance.................... 2,272,842,000 10,847,000 72,645,000 105,940,000 67,365,000 598,976,000 122,031,000 140,906,000 906,494,000 240,158,000 7,069,000 324,000

68,313,000

Co–operators General Insurance Co......... 2,410,155,000

20,469,000

Lloyd’s Underwriters.................................. 2,590,592,000 35,675,000 6,778,000 41,535,000 45,092,000 398,354,000 722,410,000 62,643,000 67,657,000 529,257,000 660,949,000 6,817,000 6,855,000 6,570,000

6. 82,799,000

TD Insurance, General Insurance.............. 3,073,905,000 39,036,000 9,729,000 86,955,000 58,630,000 186,969,000 1,801,557,000 7,286,000 4,342,000 826,748,000 32,286,000 11,257,000 8,036,000 1,074,000

RSA Canada Group................................... 2,833,281,000 158,077,000 8,053,000 134,960,000 65,714,000 340,598,000 1,163,510,000 23,858,000 18,834,000 464,863,000 441,294,000 5,630,000 4,490,000 3,400,000

735,000

1,854,000

Desjardins General Insurance Group........ 4,091,592,000 8,518,000 4,451,000 31,106,000 63,679,000 1,294,879,000 2,331,460,000 7,867,000 1,808,000 337,070,000 7,281,000 1,062,000 2,035,000 376,000

8,531,000 183,135,000 96,284,000 2,155,277,000 3,227,387,000 77,223,000 18,044,000 1,433,860,000 491,094,000 4,652,000 11,754,000

183,333,000

Intact Financial Corporation...................... 7,892,428,000

Aviva Canada Inc....................................... 4,110,369,000 127,024,000 16,795,000 128,012,000 95,879,000 456,082,000 2,189,578,000 94,724,000 53,551,000 638,021,000 285,700,000 7,647,000 16,621,000

Totals Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

Company

(Excludes A&S and Reinsurance Companies)

By company – on a province by province basis

2015 TOTAL DIRECT WRITTEN BUSINESS

BURNS &

PROVIDE THE ANSWERS TODAY

WILCOX

SPEED IS OUR MIDDLE NAME. Our vast global market relationships speed up our quoting and binding process, quickly providing insureds the solutions they need. When it comes to the hard-toplace, think fast. Think Burns & Wilcox Canada.

38250 Burns Canadian Underwriter Update Location APPROVED.indd 1 40-43_Totl Dir Writ Bus 2016.indd 41

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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:30 PM

Optimum General Inc................................ 160,692,000

8,000 180,943,000

37.

43,000

36.

1,000

–4,000

–86,000

Affiliated FM Insurance.............................. 102,715,000

326,000

25,000

6,000

2,037,000

1,139,000

5,000

1,520,000

1,693,000 9,526,000

1,631,000

1,000

41,395,000

84,512,000

127,624,000

4,107,000

744,000

92,000

4,819,000

213,000

19,000

16,852,000

10,018,000

81,000

20,972,000

10,127,000

32,000 467,000 535,000

30,000

4,000

1,226,000

Berkley Insurance Company..................... 66,103,000

Great American Insurance......................... 48,774,000

Le Groupe Estrie–Richelieu....................... 48,360,000 48,360,000

Euler Hermes North America Insurance.... 47,879,000

Omega General Insurance......................... 43,324,000

Ontario School Board’s Insurance............ 43,296,000 43,296,000

Triton Insurance......................................... 37,228,000 1,820,000 229,000 1,488,000 1,370,000 6,470,000 12,139,000 1,641,000 1,185,000 6,281,000 4,298,000 213,000 94,000

Boiler Inspection & Insurance Company... 37,045,000

Co–operative Hail Ins Co Ltd.................... 33,174,000 4,151,000 29,023,000

55.

56.

57.

58.

59.

60.

61.

62.

158,000

730,000

539,000

558,000

313,000

547,000

520,000 14,906,000

2,040,000

214,000 13,330,000 1,519,000

14,043,000

25,551,000

16,978,000

34,164,000

32,525,000

191,000

386,000

2,188,000

2,902,000

8,230,000

7,257,000 123,000

1,665,000

25,000 24,000

3,491,000 247,000 14,590,000 12,169,000

551,000

1,577,000 12,264,000 10,100,000 129,000 69,000

540,000

1,525,000 11,057,000 10,082,000 132,000 59,000

Mitsui Sumitomo Insurance....................... 22,196,000

PEI Mutual Insurance Company................ 21,015,000 21,015,000

DAS Legal Protection Insurance Company... 17,964,000

Hartford Fire Insurance.............................. 17,777,000

67.

68.

69.

6,000

70,000

1,000

46,000

18,000

32,000 156,000 106,000

622,000 5,363,000 1,061,000 2,443,000 7,121,000 1,095,000 1,000

568,000 9,516,000 428,000 1,041,000 2,079,000 3,884,000 25,000 58,000

111,000 11,000 268,000 83,000 2,554,000 12,584,000 391,000 187,000 3,763,000 2,025,000 72,000 123,000

71,000

1,000

24,000

45,000

66.

30,000 4,352,000 2,164,000 3,619,000 7,924,000 3,062,000 5,000 161,000

313,000 151,000 1,028,000 580,000 18,558,000 30,894,000 1,144,000 1,323,000 10,229,000 10,471,000 63,000 24,000

40,000 498,000 1,046,000

Everest Insurance Co of Canada............... 23,781,000

65.

87,000 81,000 219,000 72,000 3,194,000 16,448,000 321,000 145,000 4,041,000 6,603,000 4,000 24,000

31,239,000 Tokio Marine & Nichido Fire.......................

Western Surety Company......................... 24,597,000 1,625,000

31,000

4,000

63.

67,000 1,031,000 736,000 7,221,000 14,019,000 463,000 2,570,000 4,290,000 6,212,000 38,000 184,000

62,000

198,000

74,000 1,591,000

131,000

7,855,000

64.

183,000

570,000

53,000

245,000

1,284,000

–2,000 –9,000

35,000

54.

165,000 3,180,000

5,102,000

–1,000

7,650,000 41,937,000 17,181,000

510,000

5,896,000

3,918,000 11,276,000 57,268,000

729,000

20,000

Saskatchewan Mutual Insurance.............. 66,768,000

3,692,000

63,000

7,491,000

Arch Insurance (Canada)........................... 71,311,000

4,644,000

72,161,000

1,043,000 83,320,000

53.

67,000

52.

9,000

Mutual Fire Insurance Co of BC................ 80,798,000

10,000

51.

19,000

Motors Insurance Corporation.................. 84,044,000

299,000 4,206,000 3,026,000 2,854,000 21,174,000 8,193,000 18,332,000 16,525,000 18,920,000 135,000 190,000

50.

1,414,000

Wynward Insurance Group........................ 95,268,000

Red River Mutual....................................... 91,874,000

48.

49.

Pafco Insurance Company........................ 100,749,000 3,473,000 2,433,000 20,863,000 73,971,000 1,000 6,000 2,000

Heartland Farm Mutual.............................. 100,656,000 100,656,000

46.

46,000

20,000

10,000

23,000

47.

436,000 352,000 846,000 901,000 46,620,000 34,935,000 1,810,000 1,845,000 5,580,000 9,322,000 3,000 65,000

1,032,000

774,000

45.

60,000 87,000

Trisura Guarantee Insurance..................... 103,634,000

208,000 174,000

Old Republic Insurance Company............ 110,958,000

13,225,000

44.

17,258,000

43.

4,303,000

Unica Insurance......................................... 125,831,000 125,801,000 30,000

5,135,000

42.

93,844,000

Lawyers’ Professional Indemnity............... 127,842,000

7,953,000

RBC Insurance Company Of Canada....... 134,326,000 1,152,000 245,000 2,545,000 1,304,000 20,491,000 60,596,000 3,328,000 3,019,000 21,820,000 19,446,000 174,000 183,000

2,953,000

12,000

41.

2,443,000

49,000 1,873,000 2,595,000 22,655,000 60,297,000 3,976,000 3,387,000 30,572,000 16,391,000 282,000 565,000

443,000

60,601,000

40.

2,437,000

9,953,000

FCT............................................................ 150,436,000

412,000

XL Specialty Insurance.............................. 144,282,000 1,553,000

6,961,000

38.

45,751,000

39.

37,014,000

110,000 844,000 15,491,000 835,000 14,997,000 89,755,000 328,000 491,000 19,070,000 21,357,000 34,000 68,000

L’Unique Assurances Generales............... 180,905,000

Echelon Insurance..................................... 163,392,000

35.

CAA Insurance.......................................... 189,693,000 3,000 1,391,000 3,999,000 4,592,000 175,435,000 4,316,000 2,082,000 78,000

Totals Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

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

2015 TOTAL DIRECT WRITTEN BUSINESS

34.

Company

(Continued From Page 40)

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

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2016-06-06 3:30 PM

The Mearie Group...................................... 11,916,000 11,916,000

Electric Insurance Company..................... 10,203,000

Kings Mutual Insurance Company............ 8,899,000 6,000 8,893,000

American Road Insurance Company........ 8,581,000

Antigonish Farmers’ Mutual...................... 5,944,000 5,944,000

72.

73.

74.

75.

76.

6,000 98,000 87,000 1,370,000 4,883,000 385,000 259,000 1,595,000 399,000 1,077,000

Clare Mutual Insurance Company............. 3,025,000 3,025,000

Protective Insurance Company................. 2,190,000

Federal Insurance Company..................... 710,000 3,000 3,000 2,000 81,000 518,000 4,000 8,000 21,000 70,000

Corepointe Insurance................................ 44,000 1,000 1,000 2,000 5,000 19,000 1,000 2,000 10,000 3,000

80.

81.

82.

83.

Totals........................................................ 48,201,609,000

Fundy Mutual Insurance............................ 3,758,000 3,758,000

79.

765,637,000 155,458,000 1,128,956,000 957,662,000 7,965,481,000 22,451,816,000 875,253,000 1,229,116,000 8,589,846,000 3,952,887,000 64,255,000 89,405,000 29,082,000

6,000 3,000 25,000 41,000 368,000 1,254,000 42,000 14,000 304,000 133,000

Pacific Coast Fishermen’s Mutual Marine. 5,692,000 5,692,000

5,424,000 2,000 337,000 3,804,000 35,000 99,000 377,000 770,000 Sompo Japan Nipponkoa.........................

77.

78.

93,000 255,000 121,000 2,205,000 2,188,000 229,000 438,000 2,321,000 687,000 16,000 28,000

44,000

157,000 2,622,000 3,899,000 2,470,000 51,000 3,536,000 1,545,000

Mennonite Mutual Fire Ins Co of SK......... 17,754,000 17,754,000

14,280,000 Atradius Credit Insurance N.V...................

70.

Totals Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

71.

Company

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

2015 TOTAL DIRECT WRITTEN BUSINESS

44-46_DW Auto 2016.indd 44

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:30 PM

iAutoCon

271,000

803,000 1,572,000 261,000

1,522,000 895,192,000 47,336,000 2,338,000 5,549,000 1,009,000

40,356,000 594,397,000 1,708,910,000 247,288,000

48,531,000 939,056,000 2,093,956,000

4,305,000 3,785,000 4,237,000 463,000

846,000 9,621,000 322,503,000

19,000 157,598,000 103,484,000

8,998,000 14,627,000 507,364,000

11,067,000 2,469,000 542,283,000 471,000

233,000

976,000 461,000 60,924,000 2,319,000

327,000 91,324,000

53,000

733,000 826,000 128,000

295,000 323,000 216,000

452,000 754,000 399,000

61,000 233,000

160,000 340,000 167,000

CAA Insurance.................................. 143,116,000 1,215,000 2,811,000 3,275,000 135,815,000

Industrielle Alliance Compagnie......... 136,863,000 136,863,000

19.

20.

21.

22.

23.

830,000 14,495,000

185,000 5,465,000

364,000 1,448,000 33,803,000 5,023,000

86,250,000 10,912,000 2,756,000

86,963,000

55,000

14,000 22,000 10,000

311,000 475,000

954,000 4,819,000 92,464,000

3,000

1,000 3,836,000

8,000

25,000 37,000 16,000

31.

32.

33.

34.

30.

29.

26,000 30,000 92,000

79,468,000

24,000 3,037,000 22,061,000

7,259,000

26,310,000

863,000 19,914,000

10,000 891,000

(Continued On Page 46)

2,000 3,000 13,000 2,000

1,925,000 9,347,000 13,551,000 1,683,000 2,491,000 9,656,000 6,958,000 161,000 284,000 18,000

Cumis General Insurance................... 46,874,000 156,000 531,000 839,000 1,620,000 40,115,000 14,000 17,000 3,562,000

Lloyd’s Underwriters.......................... 47,455,000 480,000

Old Republic Insurance Company..... 63,234,000 299,000 13,000 594,000 1,190,000 203,000 53,130,000 31,000 26,000 7,568,000 101,000 29,000 32,000 18,000

Peace Hills General Insurance........... 75,855,000 74,298,000 877,000 579,000 101,000

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

L’Unique Assurances Generales........ 82,839,000 82,925,000 –86,000

3,718,000 9,104,000 52,954,000 556,000 616,000 12,646,000 2,399,000

136,000 7,281,000 64,021,000 158,000 182,000 12,898,000 318,000 6,000 23,000

28.

AIG Insurance Co Of Canada............. 84,436,000 413,000 481,000 1,401,000

Unica Insurance................................. 86,697,000 86,697,000

Chubb Insurance Co of Canada........ 85,520,000 225,000 13,000 259,000

26.

27.

Pafco Insurance Company................. 100,749,000 3,473,000 2,433,000 20,863,000 73,971,000 1,000 6,000 2,000

25.

615,000 12,631,000

3,686,000 21,196,000

SSQ, Societe D’Assurances Gen....... 122,085,000 122,085,000

Echelon Insurance.............................. 128,535,000

Zurich Insurance Company Ltd.......... 160,838,000 1,864,000

24. Guarantee Company Of North America.... 104,034,000 64,000 146,000 1,661,000

13,000

Gore Mutual Insurance Company...... 185,199,000 185,120,000 17,000 49,000 13,000

15,000 56,000

18.

1,000 151,364,000 11,993,000

17.

Pembridge Insurance Company........ 187,437,000 11,179,000 12,816,000

Alberta Motor Association.................. 220,801,000 220,801,000

16.

SGI Canada Group............................. 265,966,000 47,350,000 44,000 159,101,000 59,428,000 1,000 11,000 22,000 9,000

Ontario Mutual Insurance................... 262,591,000 262,591,000

14.

15.

La Capitale Assurances Gen Inc........ 484,568,000 397,957,000 86,697,000 –86,000

Northbridge Financial Corporation..... 491,640,000 10,044,000 1,856,000 10,377,000 13,243,000 69,637,000 270,480,000 2,131,000 2,863,000 104,495,000 4,827,000

RBC General Insurance...................... 620,118,000 10,104,000 2,730,000 11,286,000

Travelers Canada............................... 696,785,000 11,449,000 10,984,000 24,068,000

Allstate Insurance Co of Canada....... 1,042,571,000 27,731,000 41,319,000 58,170,000 819,126,000 95,878,000

Economical Insurance........................ 1,119,061,000 782,000 3,171,000 30,354,000 37,190,000 45,692,000 740,104,000

87,000

549,000 3,667,000 2,068,000 309,000

367,000 237,032,000 40,441,000 2,517,000 2,227,000 1,666,000

5,118,000 327,244,000

Wawanesa Mutual Insurance............. 1,120,037,000 9,122,000 47,585,000 73,349,000 40,598,000 405,042,000 539,563,000 4,367,000 324,000

Co–operators General Insurance Co. 1,143,026,000 42,423,000 11,919,000 30,051,000 32,219,000 23,322,000 663,529,000

433,000

31,663,000 107,844,000

619,392,000

51,226,000 212,933,000 1,288,854,000 1,013,000

RSA Canada Group............................ 1,203,783,000 97,906,000 3,881,000 58,414,000

Aviva Canada Inc............................... 2,060,649,000 80,964,000 10,470,000 70,037,000

13.

3,615,000 20,060,000

4,326,000 91,363,000

TD Insurance, General Insurance....... 2,068,120,000 29,394,000 8,439,000 59,388,000 41,442,000 83,614,000 1,302,511,000 529,074,000 7,859,000 5,660,000 739,000

Desjardins General Insurance Group. 2,623,634,000 6,372,000

Intact Financial Corporation............... 4,251,484,000 121,035,000

Totals Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

12.

11.

10.

Company

(Excludes A&S and Reinsurance Companies)

2015 DIRECT WRITTEN AUTO

By company – on a province by province basis

UNCOVER THE TRUTH

When it comes to evaluating a total loss vehicle – due diligence and accuracy of the vehicle report are critical in uncovering the true value.

A message from John Kotsopoulos, President and CEO of iAutoConnect: When it comes to evaluating and

Over the years we have seen a consistent increase in the

replacing a loss vehicle with a Waiver

number of deals containing some form of Negative Equity

of Depreciation or Replacement

– from trade-in’s and early lease renewals with monies still

Endorsement, we know what to look

owed – up to loan amounts being added to the MSRP. We

for. The importance of understanding

have found that 1 in 10 files have some form of Negative

and uncovering every aspect of the

Equity included and in 60% of those cases the Negative

original bill of sale is critical to properly

Equity was not disclosed by the selling dealer. With an

evaluating the loss vehicle. We conduct a thorough review

average impact of $5,700.00 per file spread over the

of the loss vehicle documentation and confirm all findings

course of a year… this could mean significant over payment.

with the original selling dealer. iAutoConnect then provides

Is your current provider protecting you from potential

a replacement quote based on real steel that is fair and

over payment?

equitable for the dealer, insurer and most importantly your policyholder.

iAutoConnect has experienced significant growth in business due to the integrity and quality of effort put into every valuation: • • • •

•

iAuto’s staff are industry savvy and very easy to work with iAuto’s escalation and rerun rates are less than 1% New car dealers appreciate the manner in which iAuto conducts business iAuto engages with the insured to help them better understand the process and in the event they wish to change manufacturers, iAuto works with them in order to secure a new replacement vehicle Vehicle purchase services offered to all existing iAuto clients’ staff members

iAutoConnect Products • • • • •

Vehicle valuations and replacement services Lien reports by province License Plate History reporting MVR’s Vehicle Claims History reports (Coming Soon)

For more information, please contact: John.Kotsopoulos@iautoconnect.com 647.729.0599 Office 855.236.0773 Toll-free 647.292.4371 Cell

www.iAutoConnect.com

44-46_DW Auto iAutoConnect ad2016.indd FINAL.indd451

2016-06-06 2016-05-31 3:30 4:45 PM

44-46_DW Auto 2016.indd 46

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:30 PM

American Road Insurance Company.

Arch Insurance (Canada).................... 3,956,000 4,000 110,000

Mitsui Sumitomo Insurance............... 3,654,000 40,000 25,000

Protective Insurance Company.......... 2,190,000 6,000

The Mearie Group.............................. 1,770,000 1,770,000

37.

38.

39.

40.

41.

42.

43.

44.

45.

Heartland Farm Mutual...................... 38,421,000 38,421,000

29,339,000

55,000

4,000

90,000

40,000 183,000

13,244,000

484,000 1,601,000 10,923,000

141,000 1,906,000

219,000 12,464,000

772,000

30,000 115,000 9,309,000 1,074,000

239,000

27,000 145,000 33,000 10,000 49,000 10,000

2,000 94,000

16,000 28,000

6,000 490,000 43,000 2,000 6,000 1,000

54.

55.

6,000 418,000 112,000 1,000

583,000 28,000 35,000 186,000 105,000

745,000 2,000

8,000 81,000 200,000 9,000 14,000 162,000 36,000

15,000 178,000

3,000 202,000

Sompo Japan Nipponkoa.................. –1,000 –1,000

Great American Insurance................. 51,000 42,000 6,000 2,000 1,000

Everest Insurance Co of Canada....... 182,000 4,000 3,000 172,000 3,000

Federal Insurance Company.............. 200,000 25,000 150,000 15,000 10,000

9,000 67,000 –456,000 63,000 93,000 504,000 22,000 –2,000 –9,000 –1,000

Allianz Global Risks US...................... 487,000 –1,000 3,000 14,000 353,000 118,000

Electric Insurance Company.............. 524,000 7,000 7,000

1,000 28,000

Totals................................................. 21,804,805,000 414,801,000

77,204,000 547,136,000

473,241,000 3,035,600,000 12,633,683,000

11,324,000 196,378,000 4,128,977,000

225,917,000

28,662,000 25,984,000

5,898,000

–2,532,000 –5,000 –63,000 –46,000 –1,630,000 –750,000 –7,000 –24,000 –7,000 59. RBC Insurance Company Of Canada.

58.

53.

Motors Insurance Corporation........... 319,000 19,000 10,000

52.

56.

Mennonite Mutual Fire Ins Co of SK.. 442,000 442,000

51.

57.

Hartford Fire Insurance...................... 1,152,000 6,000 16,000

50.

Le Groupe Estrie–Richelieu................ 1,335,000 1,335,000

49.

XL Specialty Insurance....................... 1,520,000 2,000

48.

Ontario School Board’s Insurance..... 1,632,000 1,632,000

46.

47.

41,000 368,000 1,254,000 42,000 14,000 304,000 133,000

18,000 295,000 2,701,000 27,000

15,000 54,000 2,284,000 21,000 1,420,000 57,000 –5,000 –4,000

687,000

5,000 398,000 132,000 1,000 2,000

2,188,000 229,000 438,000 2,321,000

25,000 528,000 7,705,000 4,000 121,000 2,205,000

3,000 25,000

8,581,000 93,000 255,000

Tokio Marine & Nichido Fire............... 8,931,000 35,000

Saskatchewan Mutual Insurance....... 10,982,000 1,749,000 9,232,000 1,000

Liberty Mutual Insurance.................... 23,978,000 150,000

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

Optimum General Inc......................... 35,328,000 6,433,000 25,654,000 3,241,000

ACE INA Insurance............................ 36,296,000 387,000 185,000 506,000 2,177,000 2,671,000 18,835,000 626,000 714,000 8,941,000 1,102,000 86,000 50,000 16,000

35.

36.

Totals Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

(Excludes A&S and Reinsurance Companies)

2015 DIRECT WRITTEN AUTO

By company – on a province by province basis

Company

(Continued From Page 44)

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

Net Premiums Earned $

Net Losses Loss Incurred Ratio $ %

PROPERTY TOTAL

FIVE YEAR RECORD BY CLASSES

2011 13,781,178,000 9,485,469,000 68.83 2012 14,284,213,000 8,883,438,000 62.19 2013 14,984,419,000 10,902,670,000 72.76 2014 16,025,306,000 10,081,129,000 62.91 2015 16,965,325,000 9,453,832,000 55.72 Total 76,040,441,000 48,806,538,000 64.18 2015 Net Premiums Written: 17,169,336,000 2015 Direct Written Premiums: 18,458,974,000

AIRCRAFT 2011 193,273,000 129,689,000 67.10 2012 129,564,000 58,380,000 45.06 2013 130,281,000 69,783,000 53.56 2014 163,137,000 273,009,000 167.35 2015 157,518,000 103,336,000 65.60 Total 773,773,000 634,197,000 81.96 2015 Net Premiums Written: 145,539,000 2015 Direct Written Premiums: 215,449,000

AUTO TOTAL 2011 19,611,406,000 14,428,363,000 73.57 2012 20,206,373,000 14,479,776,000 71.66 2013 20,706,932,000 14,889,452,000 71.91 2014 20,998,631,000 15,591,111,000 74.25 2015 20,658,452,000 15,101,553,000 73.10 Total 102,181,794,000 74,490,255,000 72.90 2015 Net Premiums Written: 20,642,736,000 2015 Direct Written Premiums: 21,804,790,000

Net Premiums Earned $

Net Losses Loss Incurred Ratio $ %

FIDELITY 2011 115,770,000 20,920,000 18.07 2012 111,618,000 42,175,000 37.79 2013 108,238,000 42,281,000 39.06 2014 110,640,000 146,503,000 132.41 2015 111,294,000 8,280,000 7.44 Total 557,560,000 260,159,000 46.66 2015 Net Premiums Written: 108,400,000 2015 Direct Written Premiums: 116,856,000

HAIL 2011 55,967,000 23,665,000 42.28 2012 22,983,000 32,155,000 139.91 2013 57,281,000 18,932,000 33.05 2014 52,431,000 29,126,000 55.55 2015 36,651,000 18,746,000 51.15 Total 225,313,000 122,624,000 54.42 2015 Net Premiums Written: 35,739,000 2015 Direct Written Premiums: 63,550,000

LEGAL EXPENSE 2011 11,503,000 6,908,000 60.05 2012 11,830,000 8,759,000 74.04 12,939,000 14,492,000 112.00 2013 2014 20,979,000 14,919,000 71.11 2015 29,480,000 21,692,000 73.58 Total 86,731,000 66,770,000 76.99 2015 Net Premiums Written: 37,485,000 2015 Direct Written Premiums: 35,261,000

BOILER/MACH-EXCLD

TITLE

LIABILITY

2011 336,724,000 173,365,000 51.49 2012 340,246,000 121,953,000 35.84 355,532,000 140,787,000 39.60 2013 2014 393,985,000 229,006,000 58.13 2015 440,082,000 227,934,000 51.79 Total 1,866,569,000 893,045,000 47.84 2015 Net Premiums Written: 485,660,000 2015 Direct Written Premiums: 457,855,000

2011 213,048,000 48,132,000 22.59 2012 218,243,000 47,721,000 21.87 240,590,000 50,262,000 20.89 2013 2014 256,507,000 74,167,000 28.91 2015 281,766,000 86,195,000 30.59 Total 1,210,154,000 306,477,000 25.33 2015 Net Premiums Written: 281,766,000 2015 Direct Written Premiums: 283,084,000

2011 4,696,413,000 2,902,308,000 61.80 2012 4,531,953,000 2,550,352,000 56.27 2013 4,616,929,000 2,437,324,000 52.79 2014 4,607,863,000 2,461,512,000 53.42 2015 4,916,271,000 3,063,163,000 62.31 Total 23,369,429,000 13,414,659,000 57.40 2015 Net Premiums Written: 4,924,728,000 2015 Direct Written Premiums: 5,751,345,000

BOILER/MACH-EQUIP

MARINE

MORTGAGE

2012 6,688,000 1,667,000 24.93 2013 16,843,000 5,045,000 29.95 2014 25,227,000 11,595,000 45.96 2015 30,632,000 9,456,000 30.87 Total 79,390,000 27,763,000 34.97 2015 Net Premiums Written: 37,438,000 2015 Direct Written Premiums: 45,874,000

2011 272,986,000 159,817,000 58.54 2012 316,754,000 130,063,000 41.06 2013 321,938,000 169,097,000 52.52 2014 307,318,000 162,891,000 53.00 2015 321,646,000 192,381,000 59.81 Total 1,540,642,000 814,249,000 52.85 2015 Net Premiums Written: 320,344,000 2015 Direct Written Premiums: 351,303,000

2011 43,580,000 34,236,000 78.56 2012 13,279,000 13,265,000 99.89 2013 2,196,000 1,408,000 64.12 2014 2,436,000 6,646,000 272.82 2015 1,360,000 546,000 40.15 Total 62,851,000 56,101,000 89.26 2015 Net Premiums Written: 1,360,000 2015 Direct Written Premiums:

CREDIT

ACCIDENT & SICKNESS

OTHER APPROVED PRODUCTS

2011 19,623,000 –2,611,000 –13.31 2012 21,772,000 4,936,000 22.67 2013 27,285,000 5,274,000 19.33 2014 36,182,000 18,294,000 50.56 2015 32,780,000 18,667,000 56.95 Total 137,642,000 44,560,000 32.37 2015 Net Premiums Written: 38,741,000 2015 Direct Written Premiums: 89,194,000

2011 594,959,000 258,176,000 43.39 2012 580,713,000 241,130,000 41.52 2013 580,765,000 279,405,000 48.11 2014 469,677,000 163,311,000 34.77 2015 477,956,000 232,233,000 48.59 Total 2,704,070,000 1,174,255,000 43.43 2015 Net Premiums Written: 473,174,000 2015 Direct Written Premiums: 642,217,000

2011 293,000 45,000 15.36 2012 345,000 –46,000 –13.33 2013 11,012,000 5,608,000 50.93 2014 242,000 7,000 2.89 2015 1,767,000 6,259,000 354.22 Total 13,659,000 11,873,000 86.92 2015 Net Premiums Written: 1,503,000 2015 Direct Written Premiums: 6,085,000

CREDIT PROTECTION

ALL CLASSES COMBINED

SURETY

2011 3,990,000 3,044,000 76.29 2012 7,133,000 5,371,000 75.30 2013 11,296,000 –75,000 –0.66 2014 2,637,000 582,000 22.07 2015 1,416,000 952,000 67.23 Total 26,472,000 9,874,000 37.30 2015 Net Premiums Written: 862,000 2015 Direct Written Premiums: 11,673,000

2011 40,399,689,000 27,746,074,000 68.68 2012 41,275,020,000 26,743,364,000 64.79 2013 42,643,951,000 29,223,274,000 68.53 2014 43,967,905,000 29,421,676,000 66.92 2015 45,012,195,000 28,666,233,000 63.69 Total 213,298,760,000 141,800,621,000 66.48 2015 Net Premiums Written: 45,285,965,000 2015 Direct Written Premiums: 48,922,164,000

2011 448,976,000 74,548,000 16.60 2012 471,313,000 122,269,000 25.94 2013 459,475,000 191,529,000 41.68 2014 494,707,000 157,868,000 31.91 2015 547,799,000 121,008,000 22.09 Total 2,422,270,000 667,222,000 27.55 2015 Net Premiums Written: 581,154,000 2015 Direct Written Premiums: 588,654,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

47_Five Yr Rec 2016.indd 47

2016-06-06 3:31 PM

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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:31 PM

Hannover Ruck SE.................................... 243,021,000 235,407,000 108,956,000 46.28

Promutuel Reassurance............................ 167,745,000 161,624,000 102,899,000 63.67

14,767,000 12.41 21,653,000 20.53

SCOR Canada Reinsurance...................... 145,379,000 141,316,000

Farm Mutual Reinsurance Plan................. 132,008,000 134,964,000

Swiss Reinsurance Group......................... 114,139,000 118,993,000

Partner Reinsurance Company of the U.S. 100,717,000 105,472,000

Transatlantic Reinsurance......................... 92,191,000 95,156,000 39,588,000 41.60

6,267,000

22,000

5,775,000

86,000

Aspen Insurance UK Limited..................... 13,583,000 16,503,000

Munich Reinsurance America, Inc............ 9,812,000 10,107,000 –4,087,000 –40.44

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

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

18.

19.

20.

21.

TOTALS

Sirius America Insurance.......................... 13,709,000 13,162,000

17.

2,000

81,000 4,050.00

587,000 91.43

1,607,000 9.74

498,000 3.78

2,103,000

232,000

828,000

19,000

44,000

26.43

38.57

33.49

27.53

37.39

28.86

43.33

33.15

29.76

33.80

28.00

31.14

35.51

16.53

35.88

33.02

22.46

35.62

375,000

47.04

31.02

18,000.00

214,000

3,192,000

16,938,000

13,946,000

12,870,000

12,602,000

15,120,000

–238,000

25,412,000

52,207,000

4.30

14.07

18.37

14.90

9.59

23.38

4.25

0.16

10.51

10,535,000

7,587,000

4,879,000

3,095,000

3,350,000

2,969,000

–1,532,000

16,404,000

7.09

14.69

10.00

11.23

9.20

2.86

2,867,000

4.02

1,264,000 13.54

1,038,000

5,686,000

1,320,000

6,692,000

6,511,000

2,343,000

61,774,000 17,587,000 12.65

4,983,000

28,926,000

50,970,000

61,966,000

27,487,000

36,554,000

5,362,000

73,573,000

10,632,000

138.47

639,000

–2,000

76.35 420,711,000 202,826,000

–439,000

–247,000

4.96

12.91

–17.57 11,883,000 4,832,000 10.97

36.17

42.35

70.42

89.68

91.87

92.71

103.21

68.43

–9.34

93.28

69.60

51.67

47.92

79.64

74.15

96.69

68.74

97.38

22,050.00

677,000 22.87

1,948,000

2,169,000

857,000

3,612,000

13,339,000

3,557,000

7,892,000

11,963,000

9,378,000

4,185,000

5,527,000

7,496,000

39,530,000

10,257,000

12,663,000

11,102,000

4,992,000

30,637,000

15,414,000 182,370,000

–15,000

69,000

1,590,000

2,413,000

2,908,000

4,666,000

4,645,000

–37,000

1,835,151,000 1,778,831,000 806,252,000 45.32 354,059,000

2,000

642,000

MAPFRE Re Compania De Re, S.A.......... 17,055,000 16,492,000

16.

492,000

Toa Reinsurance Co of America............... 30,371,000 29,994,000 18,642,000 62.15

15. 6,090,000 36.93

AXIS Reinsurance Company..................... 36,942,000 41,206,000 22,451,000 54.48

14.

7,959,000

12. XL Reinsurance America, Inc Cdn Branch. 49,570,000 47,682,000 28,554,000 59.88

Caisse Centrale De Reassurance.............. 41,139,000 40,710,000 25,993,000 63.85

General Reinsurance Corp........................ 53,673,000 53,816,000 18,984,000 35.28

11.

13.

5,841,000 11,940,000

Everest Reinsurance Company................. 54,259,000 56,497,000 –22,090,000 –39.10

10. 38,000

7,435,000

Odyssey Reinsurance Company............... 82,224,000 74,203,000 44,138,000 59.48

20,897,000

21,029,000

25,353,000

–3,045,000

12,050,000

38,041,000

42,239,000

47,886,000

100,195,000

85,170,000 63.11

54,085,000 38.27

Munich Reinsurance Cda Group............... 437,120,000 384,883,000 237,686,000 61.76

Net Net Premiums Net Claims Earned Total Combined Undrwtg. Return Premiums Earned & Adjusting Loss General Expense Loss & Exp. Profit Inv. on Written 100% Basis Expenses Ratio Commissions Taxes Expenses Ratio Ratio or Loss Income Equity $ $ $ % $ $ $ % % $ $ %

2015 REINSURANCE RESULTS

ToaRe

Stability The Toa Reinsurance Company of America 55 University Avenue Suite 1700, P.O. Box 53 Toronto, Ontario, Canada M5J 2H7 Phone: 416-366-5888 Fax: 416-366-7444

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

48-49_Reinsur Results 2016.indd 49

2016-06-06 3:31 PM

50-52 dir writ prop 2016.indd 50

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:32 PM

ad right s

7. Lloyd’s Underwriters...................................... 1,008,939,000 17,789,000 3,313,000 16,717,000 14,784,000 130,099,000 193,066,000 25,017,000 29,104,000 211,991,000 358,514,000 1,923,000 1,868,000 4,754,000

8. TD Insurance, General Insurance.................. 990,388,000 8,940,000 1,290,000 27,567,000 17,188,000 101,994,000 490,924,000 7,286,000 4,342,000 292,462,000 32,286,000 3,398,000 2,376,000 335,000

9. Economical Insurance................................... 711,345,000 1,889,000 2,374,000 26,891,000 21,175,000 64,494,000 319,249,000 9,969,000 4,770,000 95,207,000 165,325,000

25,814,000

2,000

54,715,000 368,225,000 34,170,000 71,717,000 272,220,000 105,139,000 2,988,000 4,606,000

971,000 7,076,000 6,464,000 65,118,000 121,386,000 28,925,000 21,537,000 181,223,000 80,511,000 1,616,000 2,687,000 2,194,000

6,810,000 31,164,000

390,000 2,266,000 2,341,000 91,719,000 103,000,000 10,157,000 11,605,000 82,789,000 62,313,000 36,000 8,492,000 845,000

6,000

2,000

4,000

6,000

12,982,000 17,738,000 262,250,000 39,421,000

527,000

101,000

3,000

222,000

52,000 98,017,000

128,000

136,000

2,875,000 64,340,000

6,000

–1,000

166,000 1,199,000

572,000 30,423,000 67,313,000 1,711,000

121,000

6,488,000 11,757,000

5,716,000 52,926,000

65,000 431,000 982,000 10,821,000 31,517,000 1,172,000 4,822,000 24,325,000 24,033,000 245,000 225,000 1,091,000

363,000

1,026,000 77,955,000 6,826,000

16,000

22,000 82,455,000 160,000

(Continued On Page 52)

35. Cumis General Insurance.............................. 74,922,000 674,000 179,000 2,296,000 2,529,000 2,767,000 34,210,000 10,994,000 3,060,000 9,556,000 8,548,000 39,000 54,000 16,000

45,000

73,000 1,483,000 1,575,000 6,727,000 16,022,000 7,482,000 5,076,000 24,210,000 20,991,000 39,000 296,000 369,000

34. Alberta Motor Association............................. 82,682,000

33. CNA Canada................................................. 84,706,000

32. Red River Mutual........................................... 85,823,000

31. SSQ, Societe D’Assurances Gen.................. 92,191,000 92,191,000

30. Affiliated FM Insurance.................................. 93,985,000 411,000 342,000 768,000 841,000 42,685,000 31,526,000 1,624,000 1,740,000 5,128,000 8,853,000 3,000 64,000

29. L’Unique Assurances Generales................... 95,455,000 95,455,000

28. ACE INA Insurance....................................... 100,365,000 636,000

27. Industrielle Alliance Compagnie.................... 101,496,000 101,496,000

339,000

3,000 763,000 12,773,000 4,158,000 13,582,000 52,360,000 9,984,000 19,916,000 1,869,000

82,000

26. Optimum General Inc.................................... 106,508,000 25,886,000 15,907,000 5,734,000

25. Portage La Prairie Mutual.............................. 115,408,000

24. Guarantee Company Of North America........ 119,832,000

23. Peace Hills General Insurance...................... 154,648,000 15,661,000 7,241,000 82,444,000 46,967,000 796,000 923,000 616,000

22. Gore Mutual Insurance Company................. 165,879,000

21. Allianz Global Risks US................................. 179,387,000 1,582,000 165,000 2,244,000 2,406,000 17,406,000 50,475,000 4,017,000 5,904,000 36,925,000 55,610,000 746,000 1,321,000 586,000

20. RBC General Insurance................................. 185,427,000 1,223,000 336,000 5,546,000 3,265,000 14,094,000 128,273,000 764,000 1,565,000 21,125,000 8,771,000 173,000 83,000 209,000

19. Factory Mutual Insurance Company............. 197,364,000 6,657,000 907,000 3,528,000 8,065,000 34,156,000 67,465,000 8,036,000 9,584,000 22,005,000 36,558,000 50,000 126,000 227,000

18. Chubb Insurance Co of Canada.................... 316,648,000 769,000 114,000 793,000 1,135,000 46,940,000 166,206,000 3,240,000 1,780,000 36,221,000 59,315,000 14,000 86,000 35,000

17. Allstate Insurance Co of Canada................... 331,672,000 12,922,000 16,250,000 38,331,000 216,886,000 47,283,000

16. SGI Canada Group........................................ 332,936,000

15. La Capitale Assurances Gen Inc................... 369,861,000 340,834,000 29,003,000 24,000

14. Ontario Mutual Insurance.............................. 369,975,000 369,975,000

13. Zurich Insurance Company Ltd..................... 381,552,000 5,599,000

12. Northbridge Financial Corporation................ 489,704,000 10,160,000 1,661,000 8,913,000 8,857,000 76,952,000 158,801,000 13,660,000 34,609,000 84,993,000 87,048,000 575,000 1,571,000 1,904,000

11. Travelers Canada........................................... 509,446,000 9,006,000 5,218,000 19,990,000 9,806,000 17,709,000 282,248,000 7,711,000 4,066,000 73,136,000 77,983,000 340,000 1,383,000 850,000

10. AIG Insurance Co Of Canada........................ 524,219,000 4,511,000

6. Co–operators General Insurance Co............. 1,012,968,000 35,208,000

192,000

5. Wawanesa Mutual Insurance........................ 1,094,802,000

1,515,000 23,331,000 31,136,000 26,711,000 181,001,000 116,002,000 134,590,000 349,806,000 228,113,000 2,597,000

3. Desjardins General Insurance Group............ 1,381,522,000 2,142,000 836,000 11,042,000 21,834,000 662,666,000 580,909,000 7,792,000 1,770,000 84,494,000 7,205,000 257,000 461,000 114,000

4. RSA Canada Group....................................... 1,181,207,000 54,632,000 2,807,000 55,705,000 26,487,000 157,569,000 363,562,000 12,975,000 12,089,000 170,941,000 319,457,000 2,099,000 1,483,000 1,401,000

1. Intact Financial Corporation.......................... 2,867,152,000 53,961,000 2,867,000 78,601,000 40,704,000 965,114,000 880,964,000 62,421,000 10,352,000 425,578,000 340,416,000 1,418,000 4,110,000 646,000

2. Aviva Canada Inc.......................................... 1,511,331,000 35,816,000 4,409,000 46,558,000 35,544,000 184,108,000 608,224,000 72,841,000 36,263,000 240,830,000 235,179,000 3,243,000 8,205,000 111,000

Totals Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

Company

(Excludes A&S and Reinsurance Companies)

By company – on a province by province basis

2015 DIRECT WRITTEN PROPERTY

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ad right size copy.indd 1 50-52 dir writ prop 2016.indd 51

15-01-19 9:21 AM 2016-06-06 3:32 PM

50-52 dir writ prop 2016.indd 52

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:32 PM

213,000 3,044,000 2,093,000 2,466,000 13,789,000 6,044,000 15,040,000 12,536,000 15,995,000 98,000 157,000

3,000

531,000

500,000

20,000

59,000

473,000 13,012,000

159,000

3,000

169,000 14,204,000 11,681,000 23,000 24,000

225,000 6,328,000 11,749,000 815,000 989,000 13,341,000 3,634,000 12,000

255,000

4,000

81,000

19,000

882,000

180,000

855,000

1,733,000

216,000

414,000 7,456,000 16,275,000 18,000 42,000

1,000

27,000 398,000 153,000

83,000 7,561,000 1,532,000 1,135,000 7,916,000 1,987,000 1,000 15,000

4,000 187,000 166,000 7,292,000 6,689,000 218,000 114,000 4,114,000 3,582,000 18,000 –2,000 18,000

10,000

1,000

2,000

7,000 835,000 16,000

6,000

8,000

2,000

8,000 498,000 3,790,000

25,000

20,000 1,444,000 835,000 34,000

4,000 71,000 255,000 943,000 2,375,000 49,000 413,000 272,000 569,000 78,000 7,000

12,000 45,000

5,000 861,000 1,475,000 25,000 14,000

71,000 510,000

8,000

Totals............................................................ 18,229,095,000 255,588,000 56,422,000 428,956,000 318,926,000 3,577,798,000 6,291,921,000 645,050,000 774,039,000 3,165,655,000 2,634,225,000 23,071,000 40,910,000 16,534,000

6,000 40,000

2,000 146,000 160,000 316,000 15,000 76,000

69. Federal Insurance Company......................... 450,000 3,000 3,000 1,000 53,000 336,000 8,000

68. Trisura Guarantee Insurance......................... 731,000 3,000 5,000

67. Clare Mutual Insurance Company................. 2,664,000 2,664,000

66. Berkley Insurance Company......................... 3,018,000

65. Sompo Japan Nipponkoa............................. 3,220,000 2,000 195,000 2,032,000 33,000 98,000 305,000 555,000

64. Fundy Mutual Insurance................................ 3,394,000 3,394,000

63. The Mearie Group......................................... 3,591,000 3,591,000

62. Boiler Inspection & Insurance Company....... 5,043,000 7,000

61. Antigonish Farmers’ Mutual.......................... 5,065,000 5,065,000

60. Mitsui Sumitomo Insurance........................... 6,664,000

59. Kings Mutual Insurance Company................ 7,654,000 6,000 7,648,000

16,000 8,004,000

–1,000 68,000 119,000

70,000 2,007,000 1,026,000 2,152,000 5,844,000 619,000

58. Old Republic Insurance Company................ 9,159,000 93,000

3,000

181,000 4,596,000 405,000 409,000 1,946,000 2,239,000 19,000 30,000

27,000 247,000 192,000 4,558,000 385,000 281,000 2,090,000 1,452,000 62,000 27,000

1,000

57. Triton Insurance............................................. 9,442,000 121,000

1,000 34,000 334,000

56. RBC Insurance Company Of Canada........... 10,354,000 155,000

55. Hartford Fire Insurance................................. 11,724,000

54. Mennonite Mutual Fire Ins Company of SK.. 15,940,000 15,940,000

53. Ontario School Board’s Insurance................ 16,443,000 16,443,000

52. Tokio Marine & Nichido Fire........................... 17,595,000 52,000 47,000 123,000 32,000 2,382,000 5,751,000 306,000 139,000 3,554,000 5,184,000 3,000 22,000

51. PEI Mutual Insurance Company.................... 17,966,000 17,966,000

50. Great American Insurance............................. 20,827,000

49. Everest Insurance Co of Canada.................. 22,415,000 15,000

48. Echelon Insurance......................................... 28,163,000

47. Unica Insurance............................................. 29,027,000 29,003,000 24,000

46. Arch Insurance (Canada)............................... 34,003,000 372,000 118,000 511,000 466,000 5,606,000 12,173,000 1,916,000 842,000 5,511,000 6,318,000 131,000 39,000

45. XL Specialty Insurance.................................. 37,384,000 268,000

44. Omega General Insurance............................. 41,094,000

43. Le Groupe Estrie–Richelieu........................... 41,221,000 41,221,000

42. CAA Insurance.............................................. 46,577,000 3,000 164,000 1,078,000 1,240,000 37,624,000 4,316,000 2,082,000 70,000

41. Saskatchewan Mutual Insurance.................. 49,837,000 5,236,000 29,976,000 14,625,000

40. Liberty Mutual Insurance............................... 51,521,000 661,000 126,000 370,000 1,445,000 7,075,000 11,377,000 970,000 2,819,000 17,316,000 9,255,000 51,000 53,000

39. Pembridge Insurance Company.................... 53,711,000 5,683,000 4,543,000 2,049,000 31,765,000 9,671,000

38. Heartland Farm Mutual.................................. 54,089,000 54,089,000

37. Wynward Insurance Group............................ 72,519,000 1,044,000

4,295,000 3,469,000 3,699,000 10,695,000 52,687,000

Totals Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

(Excludes A&S and Reinsurance Companies)

By company – on a province by province basis

36. Mutual Fire Insurance Co of BC.................... 74,845,000

Company

(Continued From Page 50)

2015 DIRECT WRITTEN PROPERTY

Underwriting Profit Producers – 2015 (Excluding A & S)

Lloyd’s Underwriters....................................................................... 465,835,000

40.

Munich Reinsurance Cda Group....................................................... 10,632,000

Intact Financial Corporation............................................................ 461,242,000

41.

Aspen Insurance UK Limited............................................................. 10,535,000

Desjardins General Insurance Group.............................................. 280,935,000

42.

Trisura Guarantee Insurance............................................................... 9,434,000

Aviva Canada Inc............................................................................ 200,545,000

43.

RBC Insurance Company Of Canada................................................. 9,008,000

RSA Canada Group......................................................................... 177,844,000

44.

Optimum General Inc.......................................................................... 8,279,000

AIG Insurance Co Of Canada.......................................................... 100,381,000

45.

L’Unique Assurances Generales......................................................... 7,869,000

Hannover Ruck SE............................................................................ 73,573,000

46.

Pafco Insurance Company.................................................................. 7,751,000

Chubb Insurance Co of Canada....................................................... 69,536,000

47.

Sirius America Insurance.................................................................... 7,587,000

Allstate Insurance Co of Canada...................................................... 69,400,000

48.

Le Groupe Estrie-Richelieu................................................................. 7,514,000

10.

Northbridge Financial Corporation.................................................... 65,694,000

49.

Heartland Farm Mutual....................................................................... 6,162,000

11.

Swiss Reinsurance Group................................................................. 61,966,000

50.

Ontario School Board’s Insurance...................................................... 5,460,000

12.

Everest Reinsurance Company......................................................... 61,774,000

51.

Promutuel Reassurance...................................................................... 5,362,000

13.

Co-operators General Insurance Co................................................. 59,803,000

52.

Chicago Title....................................................................................... 5,294,000

14.

Partner Reinsurance Company of the U.S........................................ 50,970,000

53.

Odyssey Reinsurance Company......................................................... 4,983,000

15.

Economical Insurance....................................................................... 47,335,000

54.

MAPFRE Re Compania De Re, S.A.................................................... 4,879,000

16.

CNA Canada..................................................................................... 42,055,000

55.

ACE INA Insurance............................................................................. 4,455,000

17.

Liberty Mutual Insurance................................................................... 38,927,000

56.

Western Financial Insurance............................................................... 4,115,000

18.

Ontario Mutual Insurance.................................................................. 38,306,000

57.

Pacific Coast Fishermen’s Mutual Marine.......................................... 3,852,000

19.

SCOR Canada Reinsurance.............................................................. 36,554,000

58.

Co-operative Hail Ins Co Ltd............................................................... 3,510,000

20.

RBC General Insurance..................................................................... 32,325,000

59.

Unica Insurance.................................................................................. 3,430,000

21.

Wawanesa Mutual Insurance............................................................ 31,471,000

60.

AXIS Reinsurance Company............................................................... 3,350,000

22.

Transatlantic Reinsurance................................................................. 28,926,000

61.

Toa Reinsurance Co of America......................................................... 3,095,000

23.

La Capitale Assurances Gen Inc....................................................... 27,611,000

62.

Caisse Centrale De Reassurance........................................................ 2,969,000

24.

Farm Mutual Reinsurance Plan......................................................... 27,487,000

63.

Associated Electric & Gas Insurance.................................................. 2,901,000

25.

Motors Insurance Corporation.......................................................... 26,420,000

64.

Electric Insurance Company............................................................... 2,744,000

26.

Boiler Inspection & Insurance Company........................................... 26,261,000

65.

Cumis General Insurance.................................................................... 2,544,000

27.

Triton Insurance................................................................................ 21,158,000

66.

Echelon Insurance............................................................................... 2,163,000

28.

Stewart Title Guaranty Company...................................................... 20,925,000

67.

Wynward Insurance Group................................................................. 2,150,000

29.

Guarantee Company Of North America............................................ 20,680,000

68.

SSQ, Societe D’Assurances Gen........................................................ 2,127,000

30.

Lawyers’ Professional Indemnity...................................................... 19,918,000

69.

Western Surety Company................................................................... 2,049,000

31.

Affiliated FM Insurance..................................................................... 19,074,000

70.

Mennonite Mutual Fire Ins Company of SK........................................ 2,042,000

32.

Travelers Canada.............................................................................. 17,000,000

71.

Sompo Japan Nipponkoa................................................................... 2,039,000

33.

SGI Canada Group............................................................................ 16,986,000

72.

Tokio Marine & Nichido Fire................................................................ 1,953,000

34. FCT.................................................................................................... 16,933,000

73.

Saskatchewan Mutual Insurance........................................................ 1,817,000

35.

General Reinsurance Corp................................................................ 16,404,000

74.

Everest Insurance Co of Canada........................................................ 1,167,000

36.

Gore Mutual Insurance Company..................................................... 15,710,000

75.

Portage La Prairie Mutual....................................................................... 762,000

37.

CAA Insurance................................................................................. 13,411,000

76.

Antigonish Farmers’ Mutual................................................................... 162,000

38.

Munich Reinsurance America, Inc.................................................... 11,883,000

77.

Clare Mutual Insurance Company.......................................................... 130,000

39.

Old Republic Insurance Company.................................................... 11,174,000

78.

Red River Mutual...................................................................................... 76,000

Underwriting Loss Producers – 2015 (Excluding A & S)

American Road Insurance Company........................................................-17,000

17.

Protective Insurance Company............................................................-1,820,000

Corepointe Insurance................................................................................-64,000

18.

Kings Mutual Insurance Company.......................................................-2,336,000

Omega General Insurance......................................................................-206,000

19.

Hartford Fire Insurance........................................................................-2,575,000

T.H.E. Insurance Company.....................................................................-247,000

20.

Pembridge Insurance Company..........................................................-2,745,000

Mitsui Sumitomo Insurance....................................................................-404,000

21.

Peace Hills General Insurance.............................................................-4,083,000

Alea (Bermuda) Ltd.................................................................................-439,000

22.

Berkley Insurance Company................................................................-4,113,000

Great American Insurance......................................................................-533,000

23.

Industrielle Alliance Compagnie...........................................................-5,360,000

Legacy General Insurance......................................................................-762,000

24.

DAS Legal Protection Insurance Company.........................................-5,878,000

Euler Hermes North America Insurance..................................................-833,000

25.

Alberta Motor Association....................................................................-6,995,000

10.

Federal Insurance Company...................................................................-876,000

26.

Arch Insurance (Canada)......................................................................-9,662,000

11.

Fundy Mutual Insurance.......................................................................-1,168,000

27.

Allianz Global Risks US......................................................................-25,758,000

12.

The Mearie Group................................................................................-1,177,000

28.

XL Specialty Insurance.......................................................................-58,398,000

13.

Atradius Credit Insurance N.V..............................................................-1,327,000

29.

Factory Mutual Insurance Company..................................................-75,452,000

14.

Mutual Fire Insurance Co of BC...........................................................-1,446,000

30.

TD Insurance, General Insurance.....................................................-211,362,000

15.

XL Reinsurance America, Inc Canadian Branch..................................-1,532,000

31.

Zurich Insurance Company Ltd........................................................-272,403,000

16.

PEI Mutual Insurance Company...........................................................-1,538,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016 53

53_Undrwrit profit & loss 2016.indd 53

2016-06-06 3:33 PM

Leading Companies In The Provinces Direct Written Premiums – TOTAL BUSINESS – 2015 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.

Intact Financial Corporation..................... 183,333,000 RSA Canada Group................................... 158,077,000 Aviva Canada Inc....................................... 127,024,000 Co–operators General Insurance Co........ 82,799,000 TD Insurance, General Insurance............. 39,036,000 Lloyd’s Underwriters................................. 35,675,000 Northbridge Financial Corporation........... 27,720,000 Travelers Canada....................................... 26,919,000 RBC General Insurance............................. 11,327,000 Zurich Insurance Company Ltd................ 10,835,000 AIG Insurance Co Of Canada.................... 10,666,000 Factory Mutual Insurance Company........ 9,781,000 Desjardins General Insurance Group....... 8,518,000 Economical Insurance............................... 3,292,000 Allianz Global Risks US............................. 2,824,000 Guarantee Company Of North America... 2,757,000 ACE INA Insurance................................... 2,651,000 Chubb Insurance Co of Canada............... 2,611,000 FCT............................................................. 2,437,000 Liberty Mutual Insurance.......................... 2,059,000 Triton Insurance......................................... 1,820,000 Cumis General Insurance.......................... 1,788,000 Western Surety Company......................... 1,625,000 XL Specialty Insurance.............................. 1,553,000 Wynward Insurance Group....................... 1,414,000 RBC Insurance Company Of Canada...... 1,152,000 Trisura Guarantee Insurance.................... 1,032,000 Old Republic Insurance Company............ 774,000 CNA Canada.............................................. 762,000 Omega General Insurance........................ 570,000

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

PEI Mutual Insurance Company............... 21,015,000 Co–operators General Insurance Co........ 20,469,000 Travelers Canada....................................... 17,157,000 Aviva Canada Inc....................................... 16,795,000 Wawanesa Mutual Insurance.................... 10,847,000 TD Insurance, General Insurance............. 9,729,000 Intact Financial Corporation..................... 8,531,000 RSA Canada Group................................... 8,053,000 Lloyd’s Underwriters................................. 6,778,000 Economical Insurance............................... 6,353,000 Northbridge Financial Corporation........... 4,874,000 Desjardins General Insurance Group....... 4,451,000 Portage La Prairie Mutual......................... 3,883,000 RBC General Insurance............................. 3,066,000 AIG Insurance Co Of Canada.................... 2,013,000 CAA Insurance.......................................... 1,391,000 Cumis General Insurance.......................... 1,321,000 Factory Mutual Insurance Company........ 1,245,000 Echelon Insurance..................................... 844,000 Allianz Global Risks US............................. 815,000 Zurich Insurance Company Ltd................ 744,000 Guarantee Company Of North America... 698,000 ACE INA Insurance................................... 546,000 FCT............................................................. 443,000 Chubb Insurance Co of Canada............... 397,000 Affiliated FM Insurance............................. 352,000 Trisura Guarantee Insurance.................... 326,000 Liberty Mutual Insurance.......................... 319,000 Wynward Insurance Group....................... 299,000 RBC Insurance Company Of Canada...... 245,000

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

Intact Financial Corporation..................... 183,135,000 RSA Canada Group................................... 134,960,000 Aviva Canada Inc....................................... 128,012,000 TD Insurance, General Insurance............. 86,955,000 Wawanesa Mutual Insurance.................... 72,645,000 Co–operators General Insurance Co........ 68,313,000 Economical Insurance............................... 62,809,000 Travelers Canada....................................... 49,554,000 Lloyd’s Underwriters................................. 41,535,000 Allstate Insurance Co of Canada.............. 40,664,000 Portage La Prairie Mutual......................... 36,138,000

Nova Scotia

54-59 2015 TOP 30.indd 54

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

Desjardins General Insurance Group....... 31,106,000 Northbridge Financial Corporation........... 26,044,000 Pembridge Insurance Company............... 16,862,000 RBC General Insurance............................. 16,832,000 Echelon Insurance..................................... 15,491,000 AIG Insurance Co Of Canada.................... 15,356,000 Zurich Insurance Company Ltd................ 11,705,000 Kings Mutual Insurance Company........... 8,893,000 Allianz Global Risks US............................. 7,088,000 Cumis General Insurance.......................... 6,869,000 Guarantee Company Of North America... 6,835,000 Antigonish Farmers’ Mutual...................... 5,944,000 Liberty Mutual Insurance.......................... 4,698,000 Factory Mutual Insurance Company........ 4,401,000 Wynward Insurance Group....................... 4,206,000 CAA Insurance.......................................... 3,999,000 Pafco Insurance Company........................ 3,473,000 ACE INA Insurance................................... 3,425,000 Arch Insurance (Canada)........................... 3,180,000

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.................... 105,940,000 Intact Financial Corporation..................... 96,284,000 Aviva Canada Inc....................................... 95,879,000 RSA Canada Group................................... 65,714,000 Co–operators General Insurance Co........ 64,243,000 Desjardins General Insurance Group....... 63,679,000 Economical Insurance............................... 63,348,000 TD Insurance, General Insurance............. 58,630,000 Allstate Insurance Co of Canada.............. 57,574,000 Liberty Mutual Insurance.......................... 48,525,000 Lloyd’s Underwriters................................. 45,092,000 Northbridge Financial Corporation........... 26,372,000 Travelers Canada....................................... 24,669,000 AIG Insurance Co Of Canada.................... 18,796,000 Pembridge Insurance Company............... 17,359,000 RBC General Insurance............................. 12,263,000 Portage La Prairie Mutual......................... 11,872,000 Factory Mutual Insurance Company........ 11,194,000 Zurich Insurance Company Ltd................ 9,012,000 ACE INA Insurance................................... 7,424,000 Cumis General Insurance.......................... 6,397,000 CAA Insurance.......................................... 4,592,000 Guarantee Company Of North America... 4,415,000 Fundy Mutual Insurance............................ 3,758,000 Allianz Global Risks US............................. 3,641,000 Chubb Insurance Co of Canada............... 3,296,000 Wynward Insurance Group....................... 3,026,000 FCT............................................................. 2,953,000 XL Specialty Insurance.............................. 2,595,000 Pafco Insurance Company........................ 2,433,000

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

Intact Financial Corporation..................... 2,155,277,000 Desjardins General Insurance Group....... 1,294,879,000 La Capitale Assurances Gen Inc.............. 753,917,000 Aviva Canada Inc....................................... 456,082,000 Lloyd’s Underwriters................................. 398,354,000 RSA Canada Group................................... 340,598,000 Industrielle Alliance Compagnie............... 238,359,000 SSQ, Societe D’Assurances Gen.............. 214,277,000 Northbridge Financial Corporation........... 211,748,000 TD Insurance, General Insurance............. 186,969,000 L’Unique Assurances Generales.............. 180,943,000 AIG Insurance Co Of Canada.................... 168,103,000 Zurich Insurance Company Ltd................ 167,172,000 Economical Insurance............................... 127,477,000 Chubb Insurance Co of Canada............... 99,398,000 Co–operators General Insurance Co........ 98,130,000 Allstate Insurance Co of Canada.............. 96,501,000 Wawanesa Mutual Insurance.................... 67,365,000 Allianz Global Risks US............................. 62,807,000 Guarantee Company Of North America... 58,420,000 Travelers Canada....................................... 57,286,000 ACE INA Insurance................................... 48,375,000 Le Groupe Estrie–Richelieu....................... 48,360,000 Affiliated FM Insurance............................. 46,620,000

New Brunswick

Québec

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

Factory Mutual Insurance Company........ 45,276,000 CNA Canada.............................................. 38,760,000 Optimum General Inc................................ 37,014,000 Liberty Mutual Insurance.......................... 32,363,000 RBC General Insurance............................. 28,721,000 XL Specialty Insurance.............................. 22,655,000

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

Intact Financial Corporation..................... 3,227,387,000 Desjardins General Insurance Group....... 2,331,460,000 Aviva Canada Inc....................................... 2,189,578,000 TD Insurance, General Insurance............. 1,801,557,000 RSA Canada Group................................... 1,163,510,000 Economical Insurance............................... 1,151,832,000 Co–operators General Insurance Co........ 1,129,678,000 Allstate Insurance Co of Canada.............. 1,036,075,000 Travelers Canada....................................... 965,052,000 Lloyd’s Underwriters................................. 722,410,000 Ontario Mutual Insurance.......................... 697,410,000 RBC General Insurance............................. 635,637,000 Wawanesa Mutual Insurance.................... 598,976,000 Northbridge Financial Corporation........... 517,124,000 AIG Insurance Co Of Canada.................... 413,001,000 Chubb Insurance Co of Canada............... 373,416,000 Zurich Insurance Company Ltd................ 365,810,000 Gore Mutual Insurance Company............. 306,839,000 Guarantee Company Of North America... 247,448,000 Pembridge Insurance Company............... 183,129,000 CAA Insurance.......................................... 175,435,000 Cumis General Insurance.......................... 132,251,000 ACE INA Insurance................................... 132,196,000 Lawyers’ Professional Indemnity.............. 127,624,000 La Capitale Assurances Gen Inc.............. 125,802,000 Unica Insurance......................................... 125,801,000 Allianz Global Risks US............................. 124,126,000 Heartland Farm Mutual.............................. 100,656,000 FCT............................................................. 93,844,000 CNA Canada.............................................. 90,949,000

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.................... 122,031,000 Aviva Canada Inc....................................... 94,724,000 Red River Mutual....................................... 83,320,000 Intact Financial Corporation..................... 77,223,000 Lloyd’s Underwriters................................. 62,643,000 Portage La Prairie Mutual......................... 54,714,000 Co–operators General Insurance Co........ 43,221,000 AIG Insurance Co Of Canada.................... 38,489,000 RSA Canada Group................................... 23,858,000 Northbridge Financial Corporation........... 22,974,000 SGI Canada Group.................................... 21,418,000 Travelers Canada....................................... 18,131,000 Zurich Insurance Company Ltd................ 17,765,000 Cumis General Insurance.......................... 16,973,000 Peace Hills General Insurance.................. 15,661,000 CNA Canada.............................................. 15,450,000 Economical Insurance............................... 11,201,000 Factory Mutual Insurance Company........ 11,167,000 Chubb Insurance Co of Canada............... 9,452,000 Allianz Global Risks US............................. 8,764,000 Wynward Insurance Group....................... 8,193,000 Desjardins General Insurance Group....... 7,867,000 Saskatchewan Mutual Insurance............. 7,650,000 TD Insurance, General Insurance............. 7,286,000 ACE INA Insurance................................... 7,227,000 Optimum General Inc................................ 6,961,000 Guarantee Company Of North America... 5,841,000 FCT............................................................. 5,135,000 CAA Insurance.......................................... 4,316,000 Liberty Mutual Insurance.......................... 4,155,000

1. 2. 3. 4.

SGI Canada Group.................................... 462,741,000 Wawanesa Mutual Insurance.................... 140,906,000 Co–operators General Insurance Co........ 91,557,000 Lloyd’s Underwriters................................. 67,657,000

Ontario

Manitoba

Saskatchewan

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:33 PM

Leading Companies In The Provinces Direct Written Premiums – TOTAL BUSINESS – 2015 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....................................... 53,551,000 Northbridge Financial Corporation........... 51,534,000 Saskatchewan Mutual Insurance............. 41,937,000 AIG Insurance Co Of Canada.................... 31,708,000 Co–operative Hail Ins Co Ltd.................... 29,023,000 Zurich Insurance Company Ltd................ 19,464,000 RSA Canada Group................................... 18,834,000 Wynward Insurance Group....................... 18,332,000 Intact Financial Corporation..................... 18,044,000 Mennonite Mutual Fire Ins Co of SK........ 17,754,000 Allianz Global Risks US............................. 15,613,000 Factory Mutual Insurance Company........ 13,730,000 ACE INA Insurance................................... 13,715,000 Travelers Canada....................................... 13,207,000 Portage La Prairie Mutual......................... 11,325,000 CNA Canada.............................................. 8,591,000 Red River Mutual....................................... 7,491,000 Peace Hills General Insurance.................. 7,241,000 Cumis General Insurance.......................... 6,887,000 Chubb Insurance Co of Canada............... 5,556,000 Economical Insurance............................... 5,401,000 Trisura Guarantee Insurance.................... 4,819,000 TD Insurance, General Insurance............. 4,342,000 FCT............................................................. 4,303,000 Liberty Mutual Insurance.......................... 4,028,000 Mutual Fire Insurance Co of BC............... 3,918,000

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..................... 1,433,860,000 Wawanesa Mutual Insurance.................... 906,494,000 TD Insurance, General Insurance............. 826,748,000 Co–operators General Insurance Co........ 657,833,000 Aviva Canada Inc....................................... 638,021,000 Lloyd’s Underwriters................................. 529,257,000 RSA Canada Group................................... 464,863,000 Desjardins General Insurance Group....... 337,070,000 Alberta Motor Association........................ 304,697,000 AIG Insurance Co Of Canada.................... 301,957,000 Economical Insurance............................... 274,357,000 Northbridge Financial Corporation........... 236,585,000 Zurich Insurance Company Ltd................ 216,833,000 Travelers Canada....................................... 200,077,000 Peace Hills General Insurance.................. 156,742,000 Allstate Insurance Co of Canada.............. 143,181,000 SGI Canada Group.................................... 106,967,000 Chubb Insurance Co of Canada............... 93,293,000 RBC General Insurance............................. 82,049,000 Allianz Global Risks US............................. 65,659,000 ACE INA Insurance................................... 59,425,000 CNA Canada.............................................. 57,169,000 Liberty Mutual Insurance.......................... 56,130,000 Portage La Prairie Mutual......................... 40,611,000 Cumis General Insurance.......................... 30,743,000 XL Specialty Insurance.............................. 30,572,000 Factory Mutual Insurance Company........ 30,227,000 Guarantee Company Of North America... 29,366,000 RBC Insurance Company Of Canada...... 21,820,000 Pembridge Insurance Company............... 21,664,000

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

Lloyd’s Underwriters................................. 660,949,000 Intact Financial Corporation..................... 491,094,000 RSA Canada Group................................... 441,294,000 Economical Insurance............................... 297,237,000 Aviva Canada Inc....................................... 285,700,000 Wawanesa Mutual Insurance.................... 240,158,000 Co–operators General Insurance Co........ 138,737,000 AIG Insurance Co Of Canada.................... 138,510,000 Northbridge Financial Corporation........... 135,909,000 Travelers Canada....................................... 107,660,000 Zurich Insurance Company Ltd................ 106,600,000 Chubb Insurance Co of Canada............... 91,769,000 Allianz Global Risks US............................. 78,760,000 Gore Mutual Insurance Company............. 75,425,000 Optimum General Inc................................ 60,601,000 Mutual Fire Insurance Co of BC............... 57,268,000 Peace Hills General Insurance.................. 46,967,000

Alberta

British Columbia

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

Factory Mutual Insurance Company........ 45,240,000 CNA Canada.............................................. 44,156,000 ACE INA Insurance................................... 43,790,000 Cumis General Insurance.......................... 36,771,000 TD Insurance, General Insurance............. 32,286,000 Guarantee Company Of North America... 25,022,000 Liberty Mutual Insurance.......................... 24,747,000 Echelon Insurance..................................... 21,357,000 Trisura Guarantee Insurance.................... 20,972,000 RBC Insurance Company Of Canada...... 19,446,000 Wynward Insurance Group....................... 18,920,000 XL Specialty Insurance.............................. 16,391,000 FCT............................................................. 13,225,000

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.

TD Insurance, General Insurance............. 11,257,000 Aviva Canada Inc....................................... 7,647,000 Co–operators General Insurance Co........ 7,178,000 Wawanesa Mutual Insurance.................... 7,069,000 Lloyd’s Underwriters................................. 6,817,000 RSA Canada Group................................... 5,630,000 Intact Financial Corporation..................... 4,652,000 AIG Insurance Co Of Canada.................... 2,436,000 Allianz Global Risks US............................. 1,729,000 Peace Hills General Insurance.................. 1,673,000 Northbridge Financial Corporation........... 1,509,000 Desjardins General Insurance Group....... 1,062,000 Travelers Canada....................................... 956,000 ACE INA Insurance................................... 588,000 RBC General Insurance............................. 468,000 Trisura Guarantee Insurance.................... 467,000 Zurich Insurance Company Ltd................ 437,000 XL Specialty Insurance.............................. 282,000 Chubb Insurance Co of Canada............... 246,000 Triton Insurance......................................... 213,000 FCT............................................................. 208,000 Cumis General Insurance.......................... 180,000 RBC Insurance Company Of Canada...... 174,000 Economical Insurance............................... 160,000 Liberty Mutual Insurance.......................... 143,000 CNA Canada.............................................. 138,000 Wynward Insurance Group....................... 135,000 Arch Insurance (Canada)........................... 132,000 Great American Insurance........................ 129,000 Mitsui Sumitomo Insurance...................... 72,000

Yukon Territory

Lloyd’s Underwriters................................. 6,570,000 AIG Insurance Co Of Canada.................... 3,464,000 RSA Canada Group................................... 3,400,000 Northbridge Financial Corporation........... 2,167,000 Travelers Canada....................................... 1,971,000 Intact Financial Corporation..................... 1,854,000 Allianz Global Risks US............................. 1,670,000 ACE INA Insurance................................... 1,183,000 TD Insurance, General Insurance............. 1,074,000 Zurich Insurance Company Ltd................ 1,059,000 Aviva Canada Inc....................................... 735,000 Peace Hills General Insurance.................. 717,000 Co–operators General Insurance Co........ 540,000 CNA Canada.............................................. 518,000 RBC General Insurance............................. 425,000 Desjardins General Insurance Group....... 376,000 Factory Mutual Insurance Company........ 303,000 Economical Insurance............................... 167,000 Chubb Insurance Co of Canada............... 139,000 XL Specialty Insurance.............................. 87,000 Wawanesa Mutual Insurance.................... 87,000 Western Surety Company......................... 71,000 FCT............................................................. 60,000 Allstate Insurance Co of Canada.............. 53,000 Guarantee Company Of North America... 49,000 Trisura Guarantee Insurance.................... 46,000 Everest Insurance Co of Canada.............. 45,000 Arch Insurance (Canada)........................... 35,000 Cumis General Insurance.......................... 33,000 Boiler Inspection & Insurance Company.. 31,000 Liberty Mutual Insurance.......................... 27,000 Trisura Guarantee Insurance.................... 26,000

Notes:

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

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

54-59 2015 TOP 30.indd 55

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. 29. 30.

Aviva Canada Inc....................................... 16,621,000 Intact Financial Corporation..................... 11,754,000 Zurich Insurance Company Ltd................ 11,095,000 TD Insurance, General Insurance............. 8,036,000 Co–operators General Insurance Co........ 7,457,000 Lloyd’s Underwriters................................. 6,855,000 RSA Canada Group................................... 4,490,000 AIG Insurance Co Of Canada.................... 3,636,000 Travelers Canada....................................... 3,552,000 Northbridge Financial Corporation........... 2,882,000 Allianz Global Risks US............................. 2,093,000 Desjardins General Insurance Group....... 2,035,000 Peace Hills General Insurance.................. 1,502,000 Electric Insurance Company..................... 1,077,000 XL Specialty Insurance.............................. 565,000 Trisura Guarantee Insurance.................... 535,000 CNA Canada.............................................. 524,000 ACE INA Insurance................................... 517,000 Chubb Insurance Co of Canada............... 437,000 RBC General Insurance............................. 406,000 Economical Insurance............................... 342,000 Wawanesa Mutual Insurance.................... 324,000 Allstate Insurance Co of Canada.............. 234,000 Wynward Insurance Group....................... 190,000 Boiler Inspection & Insurance Company.. 184,000 Liberty Mutual Insurance.......................... 184,000 RBC Insurance Company Of Canada...... 183,000 FCT............................................................. 174,000 Guarantee Company Of North America... 169,000 Western Surety Company......................... 161,000 55

2016-06-06 3:33 PM

Leading Companies In The Provinces Direct Written Premiums – PROPERTY – 2015 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................................... 54,632,000 Intact Financial Corporation..................... 53,961,000 Aviva Canada Inc....................................... 35,816,000 Co–operators General Insurance Co........ 35,208,000 Lloyd’s Underwriters................................. 17,789,000 Northbridge Financial Corporation........... 10,160,000 Travelers Canada....................................... 9,006,000 TD Insurance, General Insurance............. 8,940,000 Factory Mutual Insurance Company........ 6,657,000 Zurich Insurance Company Ltd................ 5,599,000 AIG Insurance Co Of Canada.................... 4,511,000 Desjardins General Insurance Group....... 2,142,000 Economical Insurance............................... 1,889,000 Allianz Global Risks US............................. 1,582,000 RBC General Insurance............................. 1,223,000 Wynward Insurance Group....................... 1,044,000 Chubb Insurance Co of Canada............... 769,000 Cumis General Insurance.......................... 674,000 Liberty Mutual Insurance.......................... 661,000 ACE INA Insurance................................... 636,000 Omega General Insurance........................ 531,000 Affiliated FM Insurance............................. 411,000 Arch Insurance (Canada)........................... 372,000 CNA Canada.............................................. 363,000 XL Specialty Insurance.............................. 268,000 RBC Insurance Company Of Canada...... 155,000 Triton Insurance......................................... 121,000 Gore Mutual Insurance Company............. 101,000 Old Republic Insurance Company............ 93,000 Guarantee Company Of North America... 82,000

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

PEI Mutual Insurance Company............... 17,966,000 Co–operators General Insurance Co........ 6,810,000 Travelers Canada....................................... 5,218,000 Aviva Canada Inc....................................... 4,409,000 Lloyd’s Underwriters................................. 3,313,000 Intact Financial Corporation..................... 2,867,000 RSA Canada Group................................... 2,807,000 Economical Insurance............................... 2,374,000 Northbridge Financial Corporation........... 1,661,000 Wawanesa Mutual Insurance.................... 1,515,000 TD Insurance, General Insurance............. 1,290,000 AIG Insurance Co Of Canada.................... 971,000 Factory Mutual Insurance Company........ 907,000 Desjardins General Insurance Group....... 836,000 Portage La Prairie Mutual......................... 763,000 Zurich Insurance Company Ltd................ 390,000 Affiliated FM Insurance............................. 342,000 RBC General Insurance............................. 336,000 Wynward Insurance Group....................... 213,000 Cumis General Insurance.......................... 179,000 Guarantee Company Of North America... 166,000 Allianz Global Risks US............................. 165,000 CAA Insurance.......................................... 164,000 Liberty Mutual Insurance.......................... 126,000 Arch Insurance (Canada)........................... 118,000 Chubb Insurance Co of Canada............... 114,000 CNA Canada.............................................. 73,000 ACE INA Insurance................................... 65,000 Omega General Insurance........................ 59,000 Tokio Marine & Nichido Fire...................... 47,000

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

Intact Financial Corporation..................... 78,601,000 RSA Canada Group................................... 55,705,000 Aviva Canada Inc....................................... 46,558,000 Co–operators General Insurance Co........ 31,164,000 TD Insurance, General Insurance............. 27,567,000 Economical Insurance............................... 26,891,000 Wawanesa Mutual Insurance.................... 23,331,000 Travelers Canada....................................... 19,990,000 Lloyd’s Underwriters................................. 16,717,000 Allstate Insurance Co of Canada.............. 12,922,000 Portage La Prairie Mutual......................... 12,773,000

Nova Scotia

54-59 2015 TOP 30.indd 56

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

Desjardins General Insurance Group....... 11,042,000 Northbridge Financial Corporation........... 8,913,000 Kings Mutual Insurance Company........... 7,648,000 AIG Insurance Co Of Canada.................... 7,076,000 Pembridge Insurance Company............... 5,683,000 RBC General Insurance............................. 5,546,000 Antigonish Farmers’ Mutual...................... 5,065,000 Factory Mutual Insurance Company........ 3,528,000 Wynward Insurance Group....................... 3,044,000 Clare Mutual Insurance Company............ 2,664,000 Cumis General Insurance.......................... 2,296,000 Zurich Insurance Company Ltd................ 2,266,000 Allianz Global Risks US............................. 2,244,000 CNA Canada.............................................. 1,483,000 Guarantee Company Of North America... 1,199,000 CAA Insurance.......................................... 1,078,000 Echelon Insurance..................................... 882,000 Chubb Insurance Co of Canada............... 793,000 Affiliated FM Insurance............................. 768,000

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..................... 40,704,000 Aviva Canada Inc....................................... 35,544,000 Wawanesa Mutual Insurance.................... 31,136,000 RSA Canada Group................................... 26,487,000 Co–operators General Insurance Co........ 25,814,000 Desjardins General Insurance Group....... 21,834,000 Economical Insurance............................... 21,175,000 TD Insurance, General Insurance............. 17,188,000 Allstate Insurance Co of Canada.............. 16,250,000 Lloyd’s Underwriters................................. 14,784,000 Travelers Canada....................................... 9,806,000 Northbridge Financial Corporation........... 8,857,000 Factory Mutual Insurance Company........ 8,065,000 AIG Insurance Co Of Canada.................... 6,464,000 Pembridge Insurance Company............... 4,543,000 Portage La Prairie Mutual......................... 4,158,000 Fundy Mutual Insurance............................ 3,394,000 RBC General Insurance............................. 3,265,000 Cumis General Insurance.......................... 2,529,000 Allianz Global Risks US............................. 2,406,000 Zurich Insurance Company Ltd................ 2,341,000 Wynward Insurance Group....................... 2,093,000 CNA Canada.............................................. 1,575,000 Liberty Mutual Insurance.......................... 1,445,000 CAA Insurance.......................................... 1,240,000 Chubb Insurance Co of Canada............... 1,135,000 ACE INA Insurance................................... 982,000 Affiliated FM Insurance............................. 841,000 Guarantee Company Of North America... 572,000 Arch Insurance (Canada)........................... 466,000

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

Intact Financial Corporation..................... 965,114,000 Desjardins General Insurance Group....... 662,666,000 La Capitale Assurances Gen Inc.............. 340,834,000 Aviva Canada Inc....................................... 184,108,000 RSA Canada Group................................... 157,569,000 Lloyd’s Underwriters................................. 130,099,000 TD Insurance, General Insurance............. 101,994,000 Industrielle Alliance Compagnie............... 101,496,000 L’Unique Assurances Generales.............. 95,455,000 SSQ, Societe D’Assurances Gen.............. 92,191,000 Zurich Insurance Company Ltd................ 91,719,000 Northbridge Financial Corporation........... 76,952,000 AIG Insurance Co Of Canada.................... 65,118,000 Economical Insurance............................... 64,494,000 Co–operators General Insurance Co........ 54,715,000 Chubb Insurance Co of Canada............... 46,940,000 Affiliated FM Insurance............................. 42,685,000 Le Groupe Estrie–Richelieu....................... 41,221,000 Allstate Insurance Co of Canada.............. 38,331,000 Factory Mutual Insurance Company........ 34,156,000 Guarantee Company Of North America... 30,423,000 Wawanesa Mutual Insurance.................... 26,711,000 Optimum General Inc................................ 25,886,000 Travelers Canada....................................... 17,709,000

New Brunswick

Québec

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

Allianz Global Risks US............................. 17,406,000 RBC General Insurance............................. 14,094,000 ACE INA Insurance................................... 10,821,000 Everest Insurance Co of Canada.............. 7,292,000 Liberty Mutual Insurance.......................... 7,075,000 CNA Canada.............................................. 6,727,000

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..................... 880,964,000 Aviva Canada Inc....................................... 608,224,000 Desjardins General Insurance Group....... 580,909,000 TD Insurance, General Insurance............. 490,924,000 Ontario Mutual Insurance.......................... 369,975,000 Co–operators General Insurance Co........ 368,225,000 RSA Canada Group................................... 363,562,000 Economical Insurance............................... 319,249,000 Travelers Canada....................................... 282,248,000 Allstate Insurance Co of Canada.............. 216,886,000 Lloyd’s Underwriters................................. 193,066,000 Wawanesa Mutual Insurance.................... 181,001,000 Chubb Insurance Co of Canada............... 166,206,000 Northbridge Financial Corporation........... 158,801,000 RBC General Insurance............................. 128,273,000 AIG Insurance Co Of Canada.................... 121,386,000 Zurich Insurance Company Ltd................ 103,000,000 Gore Mutual Insurance Company............. 98,017,000 Factory Mutual Insurance Company........ 67,465,000 Guarantee Company Of North America... 67,313,000 Heartland Farm Mutual.............................. 54,089,000 Allianz Global Risks US............................. 50,475,000 CAA Insurance.......................................... 37,624,000 Cumis General Insurance.......................... 34,210,000 Pembridge Insurance Company............... 31,765,000 Affiliated FM Insurance............................. 31,526,000 ACE INA Insurance................................... 31,517,000 La Capitale Assurances Gen Inc.............. 29,003,000 Unica Insurance......................................... 29,003,000 Ontario School Board’s Insurance........... 16,443,000

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.................... 116,002,000 Red River Mutual....................................... 77,955,000 Aviva Canada Inc....................................... 72,841,000 Intact Financial Corporation..................... 62,421,000 Portage La Prairie Mutual......................... 52,360,000 Co–operators General Insurance Co........ 34,170,000 AIG Insurance Co Of Canada.................... 28,925,000 Lloyd’s Underwriters................................. 25,017,000 SGI Canada Group.................................... 17,738,000 Peace Hills General Insurance.................. 15,661,000 Northbridge Financial Corporation........... 13,660,000 RSA Canada Group................................... 12,975,000 Cumis General Insurance.......................... 10,994,000 Zurich Insurance Company Ltd................ 10,157,000 Economical Insurance............................... 9,969,000 Factory Mutual Insurance Company........ 8,036,000 Desjardins General Insurance Group....... 7,792,000 Travelers Canada....................................... 7,711,000 CNA Canada.............................................. 7,482,000 TD Insurance, General Insurance............. 7,286,000 Wynward Insurance Group....................... 6,044,000 Optimum General Inc................................ 5,734,000 Saskatchewan Mutual Insurance............. 5,236,000 CAA Insurance.......................................... 4,316,000 Allianz Global Risks US............................. 4,017,000 Mutual Fire Insurance Co of BC............... 3,469,000 Chubb Insurance Co of Canada............... 3,240,000 Arch Insurance (Canada)........................... 1,916,000 Guarantee Company Of North America... 1,711,000 Affiliated FM Insurance............................. 1,624,000

1. 2. 3. 4.

SGI Canada Group.................................... 262,250,000 Wawanesa Mutual Insurance.................... 134,590,000 Co–operators General Insurance Co........ 71,717,000 Aviva Canada Inc....................................... 36,263,000

Ontario

Manitoba

Saskatchewan

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:33 PM

Leading Companies In The Provinces Direct Written Premiums – PROPERTY – 2015 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Northbridge Financial Corporation........... 34,609,000 Saskatchewan Mutual Insurance............. 29,976,000 Lloyd’s Underwriters................................. 29,104,000 AIG Insurance Co Of Canada.................... 21,537,000 Mennonite Mutual Fire Ins Co of SK........ 15,940,000 Wynward Insurance Group....................... 15,040,000 RSA Canada Group................................... 12,089,000 Zurich Insurance Company Ltd................ 11,605,000 Intact Financial Corporation..................... 10,352,000 Portage La Prairie Mutual......................... 9,984,000 Factory Mutual Insurance Company........ 9,584,000 Peace Hills General Insurance.................. 7,241,000 Red River Mutual....................................... 6,826,000 Allianz Global Risks US............................. 5,904,000 CNA Canada.............................................. 5,076,000 ACE INA Insurance................................... 4,822,000 Economical Insurance............................... 4,770,000 TD Insurance, General Insurance............. 4,342,000 Travelers Canada....................................... 4,066,000 Mutual Fire Insurance Co of BC............... 3,699,000 Cumis General Insurance.......................... 3,060,000 Liberty Mutual Insurance.......................... 2,819,000 Hartford Fire Insurance............................. 2,152,000 CAA Insurance.......................................... 2,082,000 Chubb Insurance Co of Canada............... 1,780,000 Desjardins General Insurance Group....... 1,770,000

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..................... 425,578,000 Wawanesa Mutual Insurance.................... 349,806,000 TD Insurance, General Insurance............. 292,462,000 Co–operators General Insurance Co........ 272,220,000 Aviva Canada Inc....................................... 240,830,000 Lloyd’s Underwriters................................. 211,991,000 AIG Insurance Co Of Canada.................... 181,223,000 RSA Canada Group................................... 170,941,000 Economical Insurance............................... 95,207,000 Northbridge Financial Corporation........... 84,993,000 Desjardins General Insurance Group....... 84,494,000 Zurich Insurance Company Ltd................ 82,789,000 Alberta Motor Association........................ 82,455,000 Peace Hills General Insurance.................. 82,444,000 Travelers Canada....................................... 73,136,000 Allstate Insurance Co of Canada.............. 47,283,000 SGI Canada Group.................................... 39,421,000 Allianz Global Risks US............................. 36,925,000 Chubb Insurance Co of Canada............... 36,221,000 ACE INA Insurance................................... 24,325,000 CNA Canada.............................................. 24,210,000 Factory Mutual Insurance Company........ 22,005,000 RBC General Insurance............................. 21,125,000 Portage La Prairie Mutual......................... 19,916,000 Liberty Mutual Insurance.......................... 17,316,000 Saskatchewan Mutual Insurance............. 14,625,000 Omega General Insurance........................ 14,204,000 XL Specialty Insurance.............................. 13,341,000 Wynward Insurance Group....................... 12,536,000 Mutual Fire Insurance Co of BC............... 10,695,000

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

Lloyd’s Underwriters................................. 358,514,000 Intact Financial Corporation..................... 340,416,000 RSA Canada Group................................... 319,457,000 Aviva Canada Inc....................................... 235,179,000 Wawanesa Mutual Insurance.................... 228,113,000 Economical Insurance............................... 165,325,000 Co–operators General Insurance Co........ 105,139,000 Northbridge Financial Corporation........... 87,048,000 AIG Insurance Co Of Canada.................... 80,511,000 Travelers Canada....................................... 77,983,000 Gore Mutual Insurance Company............. 64,340,000 Zurich Insurance Company Ltd................ 62,313,000 Chubb Insurance Co of Canada............... 59,315,000 Allianz Global Risks US............................. 55,610,000 Optimum General Inc................................ 52,926,000 Mutual Fire Insurance Co of BC............... 52,687,000 Peace Hills General Insurance.................. 46,967,000

Alberta

British Columbia

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

Factory Mutual Insurance Company........ 36,558,000 TD Insurance, General Insurance............. 32,286,000 ACE INA Insurance................................... 24,033,000 CNA Canada.............................................. 20,991,000 Echelon Insurance..................................... 16,275,000 Wynward Insurance Group....................... 15,995,000 Guarantee Company Of North America... 11,757,000 Omega General Insurance........................ 11,681,000 Liberty Mutual Insurance.......................... 9,255,000 Affiliated FM Insurance............................. 8,853,000 RBC General Insurance............................. 8,771,000 Cumis General Insurance.......................... 8,548,000 Desjardins General Insurance Group....... 7,205,000

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.

TD Insurance, General Insurance............. 3,398,000 Aviva Canada Inc....................................... 3,243,000 Co–operators General Insurance Co........ 2,988,000 Wawanesa Mutual Insurance.................... 2,597,000 RSA Canada Group................................... 2,099,000 Lloyd’s Underwriters................................. 1,923,000 AIG Insurance Co Of Canada.................... 1,616,000 Intact Financial Corporation..................... 1,418,000 Peace Hills General Insurance.................. 796,000 Allianz Global Risks US............................. 746,000 Northbridge Financial Corporation........... 575,000 Travelers Canada....................................... 340,000 Desjardins General Insurance Group....... 257,000 ACE INA Insurance................................... 245,000 RBC General Insurance............................. 173,000 Arch Insurance (Canada)........................... 131,000 Wynward Insurance Group....................... 98,000 Triton Insurance......................................... 62,000 Liberty Mutual Insurance.......................... 51,000 Factory Mutual Insurance Company........ 50,000 CNA Canada.............................................. 39,000 Cumis General Insurance.......................... 39,000 Zurich Insurance Company Ltd................ 36,000 Mitsui Sumitomo Insurance...................... 34,000 Omega General Insurance........................ 23,000 RBC Insurance Company Of Canada...... 19,000 Echelon Insurance..................................... 18,000 Everest Insurance Co of Canada.............. 18,000 Chubb Insurance Co of Canada............... 14,000 XL Specialty Insurance.............................. 12,000

Yukon Territory

Lloyd’s Underwriters................................. 4,754,000 AIG Insurance Co Of Canada.................... 2,194,000 Northbridge Financial Corporation........... 1,904,000 RSA Canada Group................................... 1,401,000 ACE INA Insurance................................... 1,091,000 Travelers Canada....................................... 850,000 Zurich Insurance Company Ltd................ 845,000 Intact Financial Corporation..................... 646,000 Peace Hills General Insurance.................. 616,000 Allianz Global Risks US............................. 586,000 CNA Canada.............................................. 369,000 TD Insurance, General Insurance............. 335,000 Factory Mutual Insurance Company........ 227,000 RBC General Insurance............................. 209,000 Co–operators General Insurance Co........ 192,000 Desjardins General Insurance Group....... 114,000 Aviva Canada Inc....................................... 111,000 Chubb Insurance Co of Canada............... 35,000 Everest Insurance Co of Canada.............. 18,000 Cumis General Insurance.......................... 16,000 Boiler Inspection & Insurance Company.. 7,000 RBC Insurance Company Of Canada...... 6,000 Omega General Insurance........................ 4,000 Liberty Mutual Insurance.......................... 3,000 Echelon Insurance..................................... 1,000

Notes:

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

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

54-59 2015 TOP 30.indd 57

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.

Zurich Insurance Company Ltd................ 8,492,000 Aviva Canada Inc....................................... 8,205,000 Co–operators General Insurance Co........ 4,606,000 Intact Financial Corporation..................... 4,110,000 AIG Insurance Co Of Canada.................... 2,687,000 TD Insurance, General Insurance............. 2,376,000 Lloyd’s Underwriters................................. 1,868,000 Northbridge Financial Corporation........... 1,571,000 RSA Canada Group................................... 1,483,000 Travelers Canada....................................... 1,383,000 Allianz Global Risks US............................. 1,321,000 Peace Hills General Insurance.................. 923,000 Desjardins General Insurance Group....... 461,000 CNA Canada.............................................. 296,000 ACE INA Insurance................................... 225,000 Wynward Insurance Group....................... 157,000 Factory Mutual Insurance Company........ 126,000 Chubb Insurance Co of Canada............... 86,000 RBC General Insurance............................. 83,000 Boiler Inspection & Insurance Company.. 78,000 Affiliated FM Insurance............................. 64,000 Cumis General Insurance.......................... 54,000 Liberty Mutual Insurance.......................... 53,000 Echelon Insurance..................................... 42,000 Arch Insurance (Canada)........................... 39,000 RBC Insurance Company Of Canada...... 30,000 Triton Insurance......................................... 27,000 Omega General Insurance........................ 24,000 Tokio Marine & Nichido Fire...................... 22,000 Great American Insurance........................ 15,000 57

2016-06-06 3:33 PM

Leading Companies In The Provinces Direct Written Premiums – AUTOMOBILE – 2015 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.

Intact Financial Corporation..................... 121,035,000 RSA Canada Group................................... 97,906,000 Aviva Canada Inc....................................... 80,964,000 Co–operators General Insurance Co........ 42,423,000 TD Insurance, General Insurance............. 29,394,000 Travelers Canada....................................... 11,449,000 RBC General Insurance............................. 10,104,000 Northbridge Financial Corporation........... 10,044,000 Desjardins General Insurance Group....... 6,372,000 Zurich Insurance Company Ltd................ 1,864,000 Economical Insurance............................... 782,000 Lloyd’s Underwriters................................. 480,000 AIG Insurance Co Of Canada.................... 413,000 ACE INA Insurance................................... 387,000 Old Republic Insurance Company............ 299,000 Chubb Insurance Co of Canada............... 225,000 Cumis General Insurance.......................... 156,000 Liberty Mutual Insurance.......................... 150,000 American Road Insurance Company....... 93,000 Guarantee Company Of North America... 64,000 CNA Canada.............................................. 55,000 Mitsui Sumitomo Insurance...................... 40,000 Tokio Marine & Nichido Fire...................... 35,000 Portage La Prairie Mutual......................... 24,000 Motors Insurance Corporation.................. 19,000 Electric Insurance Company..................... 7,000 Hartford Fire Insurance............................. 6,000 Protective Insurance Company................ 6,000 Arch Insurance (Canada)........................... 4,000 XL Specialty Insurance.............................. 2,000

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

Co–operators General Insurance Co........ 11,919,000 Travelers Canada....................................... 10,984,000 Aviva Canada Inc....................................... 10,470,000 Wawanesa Mutual Insurance.................... 9,122,000 TD Insurance, General Insurance............. 8,439,000 Intact Financial Corporation..................... 4,326,000 RSA Canada Group................................... 3,881,000 Desjardins General Insurance Group....... 3,615,000 Economical Insurance............................... 3,171,000 Portage La Prairie Mutual......................... 3,037,000 RBC General Insurance............................. 2,730,000 Northbridge Financial Corporation........... 1,856,000 CAA Insurance.......................................... 1,215,000 Echelon Insurance..................................... 830,000 Cumis General Insurance.......................... 531,000 AIG Insurance Co Of Canada.................... 481,000 ACE INA Insurance................................... 185,000 Zurich Insurance Company Ltd................ 185,000 Guarantee Company Of North America... 146,000 Liberty Mutual Insurance.......................... 40,000 Old Republic Insurance Company............ 13,000 Chubb Insurance Co of Canada............... 13,000 Lloyd’s Underwriters................................. 10,000 CNA Canada.............................................. 4,000 Protective Insurance Company................ 3,000 Tokio Marine & Nichido Fire...................... 2,000 XL Specialty Insurance.............................. 1,000 RBC Insurance Company Of Canada...... –5,000

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13.

Intact Financial Corporation..................... 91,363,000 Aviva Canada Inc....................................... 70,037,000 TD Insurance, General Insurance............. 59,388,000 RSA Canada Group................................... 58,414,000 Wawanesa Mutual Insurance.................... 47,585,000 Economical Insurance............................... 30,354,000 Co–operators General Insurance Co........ 30,051,000 Allstate Insurance Co of Canada.............. 27,731,000 Travelers Canada....................................... 24,068,000 Portage La Prairie Mutual......................... 22,061,000 Desjardins General Insurance Group....... 20,060,000 Echelon Insurance..................................... 14,495,000 RBC General Insurance............................. 11,286,000

Nova Scotia

54-59 2015 TOP 30.indd 58

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

Pembridge Insurance Company............... 11,179,000 Northbridge Financial Corporation........... 10,377,000 Zurich Insurance Company Ltd................ 5,465,000 Pafco Insurance Company........................ 3,473,000 CAA Insurance.......................................... 2,811,000 Guarantee Company Of North America... 1,661,000 AIG Insurance Co Of Canada.................... 1,401,000 Lloyd’s Underwriters................................. 891,000 Cumis General Insurance.......................... 839,000 Old Republic Insurance Company............ 594,000 ACE INA Insurance................................... 506,000 Chubb Insurance Co of Canada............... 259,000 American Road Insurance Company....... 255,000 Liberty Mutual Insurance.......................... 183,000 Arch Insurance (Canada)........................... 110,000 Tokio Marine & Nichido Fire...................... 94,000 CNA Canada.............................................. 90,000

New Brunswick 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.................... 73,349,000 Aviva Canada Inc....................................... 51,226,000 Intact Financial Corporation..................... 48,531,000 TD Insurance, General Insurance............. 41,442,000 Allstate Insurance Co of Canada.............. 41,319,000 Desjardins General Insurance Group....... 40,356,000 Economical Insurance............................... 37,190,000 Co–operators General Insurance Co........ 32,219,000 RSA Canada Group................................... 31,663,000 Northbridge Financial Corporation........... 13,243,000 Pembridge Insurance Company............... 12,816,000 Travelers Canada....................................... 11,067,000 RBC General Insurance............................. 8,998,000 Portage La Prairie Mutual......................... 7,259,000 AIG Insurance Co Of Canada.................... 3,718,000 Zurich Insurance Company Ltd................ 3,686,000 CAA Insurance.......................................... 3,275,000 Pafco Insurance Company........................ 2,433,000 ACE INA Insurance................................... 2,177,000 Lloyd’s Underwriters................................. 1,925,000 Cumis General Insurance.......................... 1,620,000 Old Republic Insurance Company............ 1,190,000 Guarantee Company Of North America... 954,000 Echelon Insurance..................................... 615,000 Liberty Mutual Insurance.......................... 484,000 CNA Canada.............................................. 141,000 Chubb Insurance Co of Canada............... 136,000 American Road Insurance Company....... 121,000 Protective Insurance Company................ 41,000 Tokio Marine & Nichido Fire...................... 25,000

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.

Intact Financial Corporation..................... 939,056,000 Desjardins General Insurance Group....... 594,397,000 La Capitale Assurances Gen Inc.............. 397,957,000 Aviva Canada Inc....................................... 212,933,000 Industrielle Alliance Compagnie............... 136,863,000 SSQ, Societe D’Assurances Gen.............. 122,085,000 RSA Canada Group................................... 107,844,000 TD Insurance, General Insurance............. 83,614,000 L’Unique Assurances Generales.............. 82,925,000 Northbridge Financial Corporation........... 69,637,000 Allstate Insurance Co of Canada.............. 58,170,000 Economical Insurance............................... 45,692,000 Wawanesa Mutual Insurance.................... 40,598,000 Co–operators General Insurance Co........ 23,322,000 Zurich Insurance Company Ltd................ 21,196,000 Pafco Insurance Company........................ 20,863,000 RBC General Insurance............................. 14,627,000 Echelon Insurance..................................... 12,631,000 Lloyd’s Underwriters................................. 9,347,000 AIG Insurance Co Of Canada.................... 9,104,000 Chubb Insurance Co of Canada............... 7,281,000 Optimum General Inc................................ 6,433,000 Guarantee Company Of North America... 4,819,000 ACE INA Insurance................................... 2,671,000 Travelers Canada....................................... 2,469,000 American Road Insurance Company....... 2,205,000

Québec

27. 28. 29. 30.

CNA Canada.............................................. 1,906,000 Liberty Mutual Insurance.......................... 1,601,000 Le Groupe Estrie–Richelieu....................... 1,335,000 Tokio Marine & Nichido Fire...................... 528,000

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

Intact Financial Corporation..................... 2,093,956,000 Desjardins General Insurance Group....... 1,708,910,000 TD Insurance, General Insurance............. 1,302,511,000 Aviva Canada Inc....................................... 1,288,854,000 Allstate Insurance Co of Canada.............. 819,126,000 Economical Insurance............................... 740,104,000 Co–operators General Insurance Co........ 663,529,000 RSA Canada Group................................... 619,392,000 Travelers Canada....................................... 542,283,000 RBC General Insurance............................. 507,364,000 Wawanesa Mutual Insurance.................... 405,042,000 Northbridge Financial Corporation........... 270,480,000 Ontario Mutual Insurance.......................... 262,591,000 Gore Mutual Insurance Company............. 185,120,000 Pembridge Insurance Company............... 151,364,000 CAA Insurance.......................................... 135,815,000 Guarantee Company Of North America... 92,464,000 Zurich Insurance Company Ltd................ 86,963,000 Unica Insurance......................................... 86,697,000 La Capitale Assurances Gen Inc.............. 86,697,000 Echelon Insurance..................................... 86,250,000 Pafco Insurance Company........................ 73,971,000 Chubb Insurance Co of Canada............... 64,021,000 Old Republic Insurance Company............ 53,130,000 AIG Insurance Co Of Canada.................... 52,954,000 SGI Canada Group.................................... 47,350,000 Cumis General Insurance.......................... 40,115,000 Heartland Farm Mutual.............................. 38,421,000 Portage La Prairie Mutual......................... 26,310,000 Optimum General Inc................................ 25,654,000

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.

Northbridge Financial Corporation........... 2,131,000 Saskatchewan Mutual Insurance............. 1,749,000 Lloyd’s Underwriters................................. 1,683,000 Aviva Canada Inc....................................... 1,013,000 Co–operators General Insurance Co........ 846,000 ACE INA Insurance................................... 626,000 AIG Insurance Co Of Canada.................... 556,000 RBC General Insurance............................. 471,000 RSA Canada Group................................... 433,000 Zurich Insurance Company Ltd................ 364,000 Intact Financial Corporation..................... 271,000 CNA Canada.............................................. 239,000 Travelers Canada....................................... 233,000 American Road Insurance Company....... 229,000 Chubb Insurance Co of Canada............... 158,000 Motors Insurance Corporation.................. 63,000 SGI Canada Group.................................... 44,000 Protective Insurance Company................ 42,000 Old Republic Insurance Company............ 31,000 Liberty Mutual Insurance.......................... 30,000 Hartford Fire Insurance............................. 28,000 Mitsui Sumitomo Insurance...................... 27,000 Economical Insurance............................... 19,000 Cumis General Insurance.......................... 14,000 Electric Insurance Company..................... 9,000 Great American Insurance........................ 6,000 Tokio Marine & Nichido Fire...................... 4,000 Guarantee Company Of North America... 3,000 XL Specialty Insurance.............................. 2,000

1. 2. 3. 4. 5. 6. 7.

SGI Canada Group.................................... 159,101,000 Co–operators General Insurance Co........ 9,621,000 Saskatchewan Mutual Insurance............. 9,232,000 Aviva Canada Inc....................................... 5,118,000 Northbridge Financial Corporation........... 2,863,000 Lloyd’s Underwriters................................. 2,491,000 Intact Financial Corporation..................... 1,522,000

Ontario

Manitoba

Saskatchewan

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:33 PM

Leading Companies In The Provinces Direct Written Premiums – AUTOMOBILE – 2015 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Zurich Insurance Company Ltd................ 1,448,000 Portage La Prairie Mutual......................... 863,000 ACE INA Insurance................................... 714,000 AIG Insurance Co Of Canada.................... 616,000 RBC General Insurance............................. 461,000 Mennonite Mutual Fire Ins Co of SK........ 442,000 American Road Insurance Company....... 438,000 RSA Canada Group................................... 367,000 Travelers Canada....................................... 327,000 CNA Canada.............................................. 219,000 Chubb Insurance Co of Canada............... 182,000 Liberty Mutual Insurance.......................... 115,000 Motors Insurance Corporation.................. 93,000 Hartford Fire Insurance............................. 35,000 Old Republic Insurance Company............ 26,000 Arch Insurance (Canada)........................... 21,000 Cumis General Insurance.......................... 17,000 Protective Insurance Company................ 14,000 Electric Insurance Company..................... 14,000 XL Specialty Insurance.............................. 6,000 Mitsui Sumitomo Insurance...................... 6,000 Tokio Marine & Nichido Fire...................... 5,000 Guarantee Company Of North America... 1,000

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..................... 895,192,000 Wawanesa Mutual Insurance.................... 539,563,000 TD Insurance, General Insurance............. 529,074,000 Aviva Canada Inc....................................... 327,244,000 Co–operators General Insurance Co........ 322,503,000 Desjardins General Insurance Group....... 247,288,000 RSA Canada Group................................... 237,032,000 Alberta Motor Association........................ 220,801,000 Economical Insurance............................... 157,598,000 Northbridge Financial Corporation........... 104,495,000 Allstate Insurance Co of Canada.............. 95,878,000 Travelers Canada....................................... 91,324,000 Peace Hills General Insurance.................. 74,298,000 RBC General Insurance............................. 60,924,000 SGI Canada Group.................................... 59,428,000 Zurich Insurance Company Ltd................ 33,803,000 Portage La Prairie Mutual......................... 19,914,000 Chubb Insurance Co of Canada............... 12,898,000 AIG Insurance Co Of Canada.................... 12,646,000 CNA Canada.............................................. 12,464,000 Pembridge Insurance Company............... 11,993,000 Echelon Insurance..................................... 10,912,000 Lloyd’s Underwriters................................. 9,656,000 Liberty Mutual Insurance.......................... 9,309,000 ACE INA Insurance................................... 8,941,000 Old Republic Insurance Company............ 7,568,000 Guarantee Company Of North America... 3,836,000 Cumis General Insurance.......................... 3,562,000 Optimum General Inc................................ 3,241,000 American Road Insurance Company....... 2,321,000

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

Economical Insurance............................... 103,484,000 Intact Financial Corporation..................... 47,336,000 RSA Canada Group................................... 40,441,000 Lloyd’s Underwriters................................. 6,958,000 Zurich Insurance Company Ltd................ 5,023,000 Northbridge Financial Corporation........... 4,827,000 Aviva Canada Inc....................................... 4,305,000 Echelon Insurance..................................... 2,756,000 AIG Insurance Co Of Canada.................... 2,399,000 RBC General Insurance............................. 2,319,000 ACE INA Insurance................................... 1,102,000 Liberty Mutual Insurance.......................... 1,074,000 Travelers Canada....................................... 976,000 CNA Canada.............................................. 772,000 American Road Insurance Company....... 687,000 Co–operators General Insurance Co........ 549,000 Chubb Insurance Co of Canada............... 318,000 Protective Insurance Company................ 133,000 Tokio Marine & Nichido Fire...................... 132,000 XL Specialty Insurance.............................. 112,000

Alberta

British Columbia

21. 22. 23. 24. 25. 26. 27. 28. 29. 30.

Hartford Fire Insurance............................. 105,000 Old Republic Insurance Company............ 101,000 Arch Insurance (Canada)........................... 57,000 Mitsui Sumitomo Insurance...................... 43,000 Electric Insurance Company..................... 36,000 Motors Insurance Corporation.................. 22,000 Federal Insurance Company..................... 10,000 Guarantee Company Of North America... 8,000 Cumis General Insurance.......................... 2,000 SGI Canada Group.................................... 1,000

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.

TD Insurance, General Insurance............. 7,859,000 Wawanesa Mutual Insurance.................... 4,367,000 Aviva Canada Inc....................................... 3,785,000 Co–operators General Insurance Co........ 3,667,000 RSA Canada Group................................... 2,517,000 Intact Financial Corporation..................... 2,338,000 Peace Hills General Insurance.................. 877,000 Desjardins General Insurance Group....... 803,000 Northbridge Financial Corporation........... 733,000 Travelers Canada....................................... 452,000 Zurich Insurance Company Ltd................ 311,000 RBC General Insurance............................. 295,000 Lloyd’s Underwriters................................. 161,000 Economical Insurance............................... 160,000 ACE INA Insurance................................... 86,000 Allstate Insurance Co of Canada.............. 61,000 Old Republic Insurance Company............ 29,000 CNA Canada.............................................. 27,000 AIG Insurance Co Of Canada.................... 26,000 Guarantee Company Of North America... 25,000 Gore Mutual Insurance Company............. 17,000 American Road Insurance Company....... 16,000 Pembridge Insurance Company............... 15,000 Echelon Insurance..................................... 14,000 SGI Canada Group.................................... 11,000 Liberty Mutual Insurance.......................... 10,000 Chubb Insurance Co of Canada............... 6,000 Cumis General Insurance.......................... 3,000 Mitsui Sumitomo Insurance...................... 2,000 Pafco Insurance Company........................ 1,000

Yukon Territory

RSA Canada Group................................... 1,666,000 Intact Financial Corporation..................... 1,009,000 TD Insurance, General Insurance............. 739,000 Aviva Canada Inc....................................... 463,000 Travelers Canada....................................... 399,000 Co–operators General Insurance Co........ 309,000 Desjardins General Insurance Group....... 261,000 RBC General Insurance............................. 216,000 Economical Insurance............................... 167,000 Northbridge Financial Corporation........... 128,000 Peace Hills General Insurance.................. 101,000 AIG Insurance Co Of Canada.................... 92,000 Wawanesa Mutual Insurance.................... 87,000 Zurich Insurance Company Ltd................ 55,000 Allstate Insurance Co of Canada.............. 53,000 CNA Canada.............................................. 33,000 Lloyd’s Underwriters................................. 18,000 Old Republic Insurance Company............ 18,000 ACE INA Insurance................................... 16,000 Guarantee Company Of North America... 16,000 Pembridge Insurance Company............... 13,000 Gore Mutual Insurance Company............. 13,000 Liberty Mutual Insurance.......................... 10,000 Echelon Insurance..................................... 10,000 SGI Canada Group.................................... 9,000 Cumis General Insurance.......................... 2,000 Pafco Insurance Company........................ 2,000 Mitsui Sumitomo Insurance...................... 1,000 Motors Insurance Corporation.................. –1,000 RBC Insurance Company Of Canada...... –7,000

Notes:

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

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

54-59 2015 TOP 30.indd 59

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.

TD Insurance, General Insurance............. 5,660,000 Intact Financial Corporation..................... 5,549,000 Aviva Canada Inc....................................... 4,237,000 RSA Canada Group................................... 2,227,000 Co–operators General Insurance Co........ 2,068,000 Desjardins General Insurance Group....... 1,572,000 Northbridge Financial Corporation........... 826,000 Travelers Canada....................................... 754,000 Peace Hills General Insurance.................. 579,000 Zurich Insurance Company Ltd................ 475,000 Economical Insurance............................... 340,000 Wawanesa Mutual Insurance.................... 324,000 RBC General Insurance............................. 323,000 Lloyd’s Underwriters................................. 284,000 Allstate Insurance Co of Canada.............. 233,000 CNA Canada.............................................. 145,000 Pembridge Insurance Company............... 56,000 ACE INA Insurance................................... 50,000 Gore Mutual Insurance Company............. 49,000 Liberty Mutual Insurance.......................... 49,000 Guarantee Company Of North America... 37,000 Old Republic Insurance Company............ 32,000 AIG Insurance Co Of Canada.................... 30,000 American Road Insurance Company....... 28,000 Chubb Insurance Co of Canada............... 23,000 SGI Canada Group.................................... 22,000 Echelon Insurance..................................... 22,000 Cumis General Insurance.......................... 13,000 Pafco Insurance Company........................ 6,000 Mitsui Sumitomo Insurance...................... 6,000 59

2016-06-06 3:33 PM

2015 LEADING COMPANIES — DIRECT WRITTEN BASIS (Excludes outside of Canada) Aircraft

Boiler & Machinery - excld

% of 2015 Market D.W.P.

1. Lloyd’s Underwriters.......................... 35.77 77,075,000

2. Allianz Global Risks US...................... 18.76 40,413,000

3. Munich Reinsurance Cda Group......... 11.09 23,904,000

4. Swiss Reinsurance Group.................. 8.88 19,137,000

5. AIG Insurance Co Of Canada.............. 7.58 16,327,000

6. Northbridge Financial Corporation...... 5.30 11,419,000

7. XL Specialty Insurance....................... 4.16 8,971,000

8. Mitsui Sumitomo Insurance............... 2.42 5,218,000

9. Intact Financial Corporation............... 2.31 4,972,000

Boiler & Machinery - equip

% of 2015 Market D.W.P.

1. Lloyd’s Underwriters.......................... 14.98 68,572,000

1. Trisura Guarantee Insurance.............. 58.32 26,754,000

2. RSA Canada Group............................ 13.34 61,072,000

2. Motors Insurance Corporation............ 24.21 11,108,000

3. Factory Mutual Insurance Company... 13.14 60,163,000

3. Lloyd’s Underwriters.......................... 17.47 8,012,000

4. Intact Financial Corporation............... 9.96 45,617,000

TOTAL............................................... 45,874,000

5. Aviva Canada Inc............................... 8.63 39,492,000

6. Boiler Inspection & Insurance Co....... 6.99 32,002,000

7. Zurich Insurance Company Ltd.......... 4.92 22,513,000

8. Allianz Global Risks US...................... 4.17 19,082,000

10. Liberty Mutual Insurance................... 1.79 3,862,000

9. AIG Insurance Co Of Canada.............. 3.24 14,819,000

11. ACE INA Insurance............................ 1.64 3,523,000

10. Wawanesa Mutual Insurance............. 2.45 11,204,000

12. Berkley Insurance Company.............. 0.22

484,000

11. Chubb Insurance Co of Canada.......... 2.26 10,327,000

1. Chubb Insurance Co of Canada.......... 18.70 21,847,000

13. Old Republic Insurance Company....... 0.07

142,000

12. Economical Insurance........................ 2.19 10,035,000

2. Guarantee Co Of North America......... 14.05 16,419,000

14. SGI Canada Group............................. 0.03

61,000

13. Travelers Canada............................... 2.04 9,356,000

3. Lloyd’s Underwriters.......................... 11.05 12,918,000

15. Aspen Insurance UK Limited.............. –0.03

–59,000

14. Northbridge Financial Corporation...... 1.95 8,934,000

4. AIG Insurance Co Of Canada.............. 10.34 12,087,000

TOTAL............................................... 215,449,000

15. Co–operators General Insurance Co... 1.78 8,164,000

5. Travelers Canada............................... 9.26 10,824,000

16. Affiliated FM Insurance...................... 1.54 7,056,000

6. Cumis General Insurance................... 7.29 8,515,000

17. SGI Canada Group............................. 1.27 5,792,000

7. Liberty Mutual Insurance................... 6.74 7,877,000

18. Munich Reinsurance Cda Group......... 0.97 4,424,000

8. RSA Canada Group............................ 2.85 3,331,000

19. Gore Mutual Insurance Company....... 0.82 3,759,000

9. Desjardins General Insurance Group.. 2.75 3,211,000

20. Desjardins General Insurance Group.. 0.71 3,249,000

10. Great American Insurance.................. 2.37 2,770,000

Marine

% of 2015 Market D.W.P.

Fidelity

% of 2015 Market D.W.P.

1. RSA Canada Group............................ 16.94 59,512,000

21. CNA Canada...................................... 0.59 2,683,000

11. Trisura Guarantee Insurance.............. 2.22 2,595,000

2. Aviva Canada Inc............................... 12.79 44,945,000

22. Wynward Insurance Group................. 0.56 2,542,000

12. Economical Insurance........................ 1.92 2,240,000

3. Lloyd’s Underwriters.......................... 12.10 42,521,000

23. Optimum General Inc......................... 0.19

891,000

4. CNA Canada...................................... 11.54 40,541,000

13. Northbridge Financial Corporation...... 1.88 2,194,000

24. Guarantee Company Of North America 0.19

876,000

5. Northbridge Financial Corporation...... 8.71 30,593,000

14. Zurich Insurance Company Ltd.......... 1.50 1,752,000

25. Heartland Farm Mutual...................... 0.17

788,000

6. Intact Financial Corporation............... 8.29 29,118,000

15. Intact Financial Corporation............... 1.30 1,523,000

7. Allianz Global Risks US...................... 5.39 18,951,000

26. Le Groupe Estrie–Richelieu................ 0.14

650,000

16. AXIS Reinsurance Company............... 1.25 1,457,000

8. Zurich Insurance Company Ltd.......... 3.16 11,090,000

27. Swiss Reinsurance Group.................. 0.12

569,000

17. Ontario School Board’s Insurance...... 0.87 1,015,000

9. AIG Insurance Co Of Canada.............. 3.06 10,745,000

28. Everest Insurance Co of Canada......... 0.11

489,000

29. Mitsui Sumitomo Insurance............... 0.09

420,000

30. Mutual Fire Insurance Co of BC.......... 0.09

410,000

12. Co–operators General Insurance Co... 2.36 8,289,000

31. Cumis General Insurance................... 0.08

382,000

13. Liberty Mutual Insurance................... 1.98 6,953,000

32. Ontario School Board’s Insurance...... 0.08

360,000

14. Pacific Coast Fishermen’s Mutual Marine. 1.62 5,692,000

33. Great American Insurance.................. 0.05

220,000

15. Great American Insurance.................. 1.52 5,340,000

34. Mennonite Mutual Fire Ins Co of SK... 0.04

179,000

16. Guarantee Co Of North America......... 1.50 5,287,000

35. Trisura Guarantee Insurance.............. 0.04

164,000

17. Chubb Insurance Co of Canada.......... 0.77 2,690,000

36. Berkley Insurance Company.............. 0.03

159,000

18. XL Specialty Insurance....................... 0.71 2,488,000

37. Tokio Marine & Nichido Fire............... 0.03

146,000

38. Ontario Mutual Insurance................... 0.03

141,000

39. Saskatchewan Mutual Insurance....... 0.03

117,000

40. Sompo Japan Nipponkoa................... 0.02

73,000

41. Hartford Fire Insurance...................... 0.00

13,000

42. ACE INA Insurance............................ 0.00

4,000

43. Federal Insurance Company............... 0.00

1,000

10. Travelers Canada............................... 2.82 9,910,000 11. ACE INA Insurance............................ 2.81 9,858,000

19. Affiliated FM Insurance...................... 0.48 1,674,000 20. Desjardins General Insurance Group.. 0.44 1,546,000 21. Berkley Insurance Company.............. 0.35 1,223,000 22. Tokio Marine & Nichido Fire............... 0.27

932,000

23. Mitsui Sumitomo Insurance............... 0.18

630,000

24. Sompo Japan Nipponkoa................... 0.16

574,000

25. Associated Electric & Gas Insurance.. 0.03

110,000

26. Swiss Reinsurance Group.................. 0.03

98,000

44. AXIS Reinsurance Company............... –0.01

27. Aspen Insurance UK Limited.............. –0.00

–7,000

TOTAL............................................... 457,855,000

–54,000

TOTAL............................................... 351,303,000

% of 2015 Market D.W.P.

908,000

19. Arch Insurance (Canada).................... 0.58

679,000

20. Co–operators General Insurance Co... 0.56

657,000

21. CNA Canada...................................... 0.54

631,000

22. SGI Canada Group............................. 0.37

427,000

23. Berkley Insurance Company.............. 0.33

386,000

24. The Mearie Group.............................. 0.14

160,000

25. Tokio Marine & Nichido Fire............... 0.10

117,000

26. Mitsui Sumitomo Insurance............... 0.09

108,000

27. Sompo Japan Nipponkoa................... 0.06

74,000

28. Triton Insurance................................ 0.04

48,000

29. Optimum General Inc......................... 0.03

39,000

30. Ontario Mutual Insurance................... 0.02

29,000

31. Saskatchewan Mutual Insurance....... 0.01

14,000

32. Wynward Insurance Group................. 0.00

5,000

33. Western Surety Company.................. 0.00

5,000

34. Federal Insurance Company............... 0.00

4,000

35. ACE INA Insurance............................ –0.00

–1,000

36. Hartford Fire Insurance...................... –0.01

–9,000

TOTAL............................................... 116,856,0000

Hail

Legal Expense

18. Aviva Canada Inc............................... 0.78

% of 2015 Market D.W.P.

Title

1. DAS Legal Protection Insurance Co.... 50.95 17,964,000

1. Co–operative Hail Ins Co Ltd.............. 52.20 33,174,000

2. La Capitale Assurances Gen Inc......... 18.31 6,456,000

2. Northbridge Financial Corporation...... 18.19 11,561,000

3. Intact Financial Corporation............... 17.30 6,100,000

3. Allianz Global Risks US...................... 15.01 9,540,000

4. Lloyd’s Underwriters.......................... 7.15 2,520,000

4. ACE INA Insurance............................ 14.08 8,945,000

1. FCT................................................... 51.02 144,424,000

5. Guarantee Co Of North America......... 4.75 1,675,000

5. Heartland Farm Mutual...................... 0.21

135,000

2. Stewart Title Guaranty Company........ 36.84 104,294,000

6. Echelon Insurance............................. 1.37

484,000

6. Intact Financial Corporation............... 0.17

111,000

3. Chicago Title..................................... 9.98 28,253,000

7. Co–operators General Insurance Co... 0.18

62,000

7. Ontario Mutual Insurance................... 0.13

84,000

4. Lawyers’ Professional Indemnity........ 2.16 6,113,000

TOTAL............................................... 35,261,000

60-61_LeadCos DWB 2016.indd 60

TOTAL............................................... 63,550,000

% of 2015 Market D.W.P.

TOTAL............................................... 283,084,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:34 PM

2015 LEADING COMPANIES — DIRECT WRITTEN BASIS (Excludes outside of Canada) Liability

Other Approved Products

Liability (continued)

% of 2015 Market D.W.P.

1. Lloyd’s Underwriters.......................... 21.77 1,251,984,000

63. T.H.E. Insurance Company................. 0.01

492,000

1. FCT................................................... 98.80 6,012,000

2. Intact Financial Corporation............... 9.98 573,977,000

64. Fundy Mutual Insurance.................... 0.01

364,000

2. Corepointe Insurance......................... 0.72

44,000

3. Aviva Canada Inc............................... 6.42 369,177,000

65. Clare Mutual Insurance Company...... 0.01

361,000

3. ACE INA Insurance............................ 0.25

15,000

4. AIG Insurance Co Of Canada.............. 6.17 354,762,000

66. Federal Insurance Company............... 0.00

55,000

4. Zurich Insurance Company Ltd.......... 0.23

14,000

5. Zurich Insurance Company Ltd.......... 5.42 311,894,000

67. SSQ, Societe D’Assurances Gen........ 0.00

1,000

6. Co–operators General Insurance Co... 3.94 226,580,000

68. L’Unique Assurances Generales......... –0.10 –5,610,000

7. Northbridge Financial Corporation...... 3.84 220,585,000

TOTAL............................................... 5,751,345,000

8. Chubb Insurance Co of Canada.......... 3.83 220,147,000

9. RSA Canada Group............................ 3.59 206,719,000

Surety

Accident & Sickness

10. Travelers Canada............................... 3.03 174,507,000 11. Economical Insurance........................ 2.77 159,589,000

12. Liberty Mutual Insurance................... 2.54 146,341,000 14. Lawyers’ Professional Indemnity........ 2.12 121,729,000 15. CNA Canada...................................... 1.64 94,091,000 16. XL Specialty Insurance....................... 1.52 87,614,000 17. Munich Reinsurance Cda Group......... 1.47 84,560,000 18. Allianz Global Risks US...................... 1.42 81,480,000 19. Desjardins General Insurance Group.. 1.36 77,975,000 20. Motors Insurance Corporation............ 1.26 72,617,000 21. Ontario Mutual Insurance................... 1.12 64,274,000 22. Guarantee Co Of North America......... 0.96 55,103,000

% of 2015 Market D.W.P.

13. ACE INA Insurance............................ 2.50 143,523,000

1. RBC Insurance Company Of Canada.. 19.70 126,504,000

2. Cumis General Insurance................... 18.46 118,585,000

3. RSA Canada Group............................ 17.47 112,201,000

4. AIG Insurance Co Of Canada.............. 16.17 103,865,000

5. Lloyd’s Underwriters.......................... 7.04 45,226,000

6. Old Republic Insurance Company....... 4.90 31,442,000

7. Triton Insurance................................ 4.32 27,738,000

8. Allianz Global Risks US...................... 4.09 26,249,000

9. Berkley Insurance Company.............. 2.43 15,615,000

10. Chubb Insurance Co of Canada.......... 1.75 11,270,000

23. AXIS Reinsurance Company............... 0.95 54,542,000

11. ACE INA Insurance............................ 1.48 9,536,000

24. Swiss Reinsurance Group.................. 0.91 52,421,000

12. Legacy General Insurance.................. 0.96 6,165,000

25. Everest Insurance Co of Canada......... 0.89 51,042,000

13. CAA Insurance.................................. 0.34 2,203,000

26. SGI Canada Group............................. 0.84 48,327,000

14. Alberta Motor Association.................. 0.22 1,441,000

27. Wawanesa Mutual Insurance............. 0.81 46,799,000

15. Aviva Canada Inc............................... 0.16 1,049,000

28. Berkley Insurance Company.............. 0.76 43,660,000 29. Trisura Guarantee Insurance.............. 0.59 34,020,000 30. Gore Mutual Insurance Company....... 0.57 32,548,000 31. Arch Insurance (Canada).................... 0.45 25,743,000 32. XL Reinsurance America, Inc Cdn Branch. 0.44 25,361,000 33. Ontario School Board’s Insurance...... 0.41 23,846,000

TOTAL............................................... 6,085,000

16. Zurich Insurance Company Ltd.......... 0.12

753,000

17. Co–operators General Insurance Co... 0.11

716,000

18. Everest Insurance Co of Canada......... 0.08

510,000

19. Guarantee Co Of North America......... 0.05

329,000

20. Ontario Mutual Insurance................... 0.05

316,000

21. Echelon Insurance............................. 0.04

259,000

22. Allstate Insurance Co of Canada........ 0.02

138,000

23. SGI Canada Group............................. 0.01

47,000

24. Gore Mutual Insurance Company....... 0.00

31,000

25. Northbridge Financial Corporation...... 0.00

19,000

26. Heartland Farm Mutual...................... 0.00

6,000

27. Mennonite Mutual Fire Ins Co of SK... 0.00

4,000

% of 2015 Market D.W.P.

1. Intact Financial Corporation............... 19.09 112,374,000

2. Aviva Canada Inc............................... 14.07 82,818,000

3. Travelers Canada............................... 12.80 75,363,000

4. Guarantee Co Of North America......... 12.78 75,208,000

5. Zurich Insurance Company Ltd.......... 8.17 48,118,000

6. Trisura Guarantee Insurance.............. 6.69 39,370,000

7. Western Surety Company.................. 4.18 24,592,000

8. Liberty Mutual Insurance................... 3.56 20,961,000

9. Lloyd’s Underwriters.......................... 3.08 18,133,000

10. AIG Insurance Co Of Canada.............. 2.71 15,927,000 11. Chubb Insurance Co of Canada.......... 2.49 14,635,000 12. Co–operators General Insurance Co... 1.65 9,693,000 13. CNA Canada...................................... 1.57 9,250,000 14. ACE INA Insurance............................ 1.53 8,998,000 15. La Capitale Assurances Gen Inc......... 1.43 8,432,000 16. L’Unique Assurances Generales......... 1.40 8,221,000 17. RSA Canada Group............................ 0.93 5,456,000 18. SGI Canada Group............................. 0.57 3,367,000 19. Economical Insurance........................ 0.29 1,706,000 20. XL Specialty Insurance....................... 0.27 1,591,000 21. Berkley Insurance Company.............. 0.26 1,558,000 22. Northbridge Financial Corporation...... 0.13

793,000

23. Swiss Reinsurance Group.................. 0.12

703,000

24. Desjardins General Insurance Group.. 0.08

455,000

25. Aspen Insurance UK Limited.............. 0.07

416,000

26. Everest Insurance Co of Canada......... 0.03

185,000

27. Wynward Insurance Group................. 0.03

161,000

28. Echelon Insurance............................. 0.02

89,000

29. Great American Insurance.................. 0.01

70,000

30. Cumis General Insurance................... 0.00

5,000

42. Cumis General Insurance................... 0.16 9,011,000

31. Mitsui Sumitomo Insurance............... 0.00

3,000

43. Heartland Farm Mutual...................... 0.13 7,217,000

32. Optimum General Inc......................... 0.00

3,000

34. Wynward Insurance Group................. 0.35 20,041,000 35. Associated Electric & Gas Insurance.. 0.34 19,740,000 36. Great American Insurance.................. 0.34 19,496,000 37. Optimum General Inc......................... 0.31 17,923,000 38. TD Insurance, General Insurance....... 0.27 15,397,000 39. La Capitale Assurances Gen Inc......... 0.18 10,393,000 40. Unica Insurance................................. 0.18 10,107,000

TOTAL............................................... 642,217,000

41. Electric Insurance Company............... 0.17 9,679,000

Credit

44. Portage La Prairie Mutual.................. 0.12 7,170,000 45. Old Republic Insurance Company....... 0.12 6,981,000

46. The Mearie Group.............................. 0.11 6,395,000

TOTAL............................................... 588,654,000 % of 2015 Market D.W.P.

47. Red River Mutual............................... 0.11 6,051,000

1. Euler Hermes North America Insurance. 53.68 47,879,000

48. Echelon Insurance............................. 0.10 5,862,000

2. Atradius Credit Insurance N.V............ 16.01 14,280,000

49. Saskatchewan Mutual Insurance....... 0.10 5,818,000

3. AIG Insurance Co Of Canada.............. 12.27 10,948,000

50. Aspen Insurance UK Limited.............. 0.10 5,557,000

4. Lloyd’s Underwriters.......................... 8.11 7,237,000

51. Mutual Fire Insurance Co of BC.......... 0.10 5,543,000

5. XL Specialty Insurance....................... 5.29 4,714,000

52. Mitsui Sumitomo Insurance............... 0.10 5,499,000

6. Guarantee Co Of North America......... 4.63 4,129,000

53. Le Groupe Estrie–Richelieu................ 0.09 5,154,000

7. Zurich Insurance Company Ltd.......... 0.01

54. Hartford Fire Insurance...................... 0.09 4,897,000

TOTAL............................................... 89,194,000

7,000

55. Tokio Marine & Nichido Fire............... 0.06 3,518,000 56. PEI Mutual Insurance Company.......... 0.05 3,049,000

Credit Protection

57. Omega General Insurance.................. 0.04 2,230,000 58. Sompo Japan Nipponkoa................... 0.03 1,484,000 59. Kings Mutual Insurance Company...... 0.02 1,245,000 60. Mennonite Mutual Fire Ins Co of SK... 0.02 1,189,000 61. Antigonish Farmers’ Mutual............... 0.02

879,000

62. Promutuel Reassurance..................... 0.01

620,000

% of 2015 Market D.W.P.

1. Arch Insurance (Canada).................... 59.37 6,930,000

2. Legacy General Insurance.................. 40.63 4,743,000

TOTAL............................................... 11,673,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016 61

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2016-06-06 3:34 PM

2015

SUMMARY RESULTS BY NATIONALITY OF COMPANY IN CANADA

FFF

TOTAL INSURANCE Net Claims Net Net and Earned Premiums Premiums Adjusting Loss Written Earned Expenses Ratio $ $ $ % Canadian........................ 29,279,018,000 29,151,089,000 18,771,070,000 64.39 Foreign........................... 1,910,675,000 1,910,934,000 1,361,723,000 71.26 U.K................................. 9,720,146,000 9,550,635,000 5,880,123,000 61.57 U.S................................. 4,376,126,000 4,399,537,000 2,653,317,000 60.31 Total............................... 45,285,965,000

45,012,195,000

28,666,233,000

63.69

AUTOMOBILE INSURANCE Net Claims Net Net and Earned Premiums Premiums Adjusting Loss Written Earned Expenses Ratio $ $ $ % Canadian........................ 15,763,632,000 15,783,525,000 11,566,633,000 73.28 Foreign........................... 301,452,000 292,459,000 325,247,000 111.21 U.K................................. 3,260,218,000 3,291,054,000 2,267,013,000 68.88 U.S................................. 1,317,434,000 1,291,414,000 942,660,000 72.99 Total............................... 20,642,736,000

20,658,452,000

15,101,553,000

73.10

PROPERTY INSURANCE Net Claims Net Net and Earned Premiums Premiums Adjusting Loss Written Earned Expenses Ratio $ $ $ % Canadian........................ 11,037,126,000 10,897,681,000 6,114,665,000 56.11 Foreign........................... 876,355,000 892,877,000 411,281,000 46.06 U.K................................. 3,780,735,000 3,682,893,000 1,980,120,000 53.77 U.S................................. 1,475,120,000 1,491,874,000 947,766,000 63.53 Total............................... 17,169,336,000

16,965,325,000

9,453,832,000

55.72

REMAINING INSURANCE Net Claims Net Net and Earned Premiums Premiums Adjusting Loss Written Earned Expenses Ratio $ $ $ % Canadian........................ 2,478,260,000 2,469,883,000 1,089,772,000 44.12 Foreign........................... 732,868,000 725,598,000 625,195,000 86.16 U.K................................. 2,679,193,000 2,576,688,000 1,632,990,000 63.38 U.S................................. 1,583,572,000 1,616,249,000 762,891,000 47.20 Total............................... 7,473,893,000

62_Smry by Nation 2016.indd 62

7,388,418,000

4,110,848,000

55.64

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:34 PM

2015

SUMMARY RESULTS BY TYPE OF COMPANY IN CANADA

FFF

TOTAL INSURANCE

Net Net Net Net Net Net Earned Premiums Premiums Premiums Premiums Claims Claims Loss Written Written Earned Earned & Adj. Exps. & Adj. Exps. Ratio $ % $ % $ % %

Brokerage........................... 33,023,804,000 72.92 32,625,642,000 72.48 20,866,440,000 72.79 Direct.................................. 10,427,010,000 23.02 10,607,722,000 23.57 6,993,541,000 24.40 Reinsurance........................ 1,835,151,000 4.05 1,778,831,000 3.95 806,252,000 2.81

63.96 65.93 45.32

Total................................... 45,285,965,000 45,012,195,000 28,666,233,000

63.69

AUTOMOBILE INSURANCE

Net Net Net Net Net Net Earned Premiums Premiums Premiums Premiums Claims Claims Loss Written Written Earned Earned & Adj. Exps. & Adj. Exps. Ratio $ % $ % $ % %

Brokerage........................... 14,801,105,000 71.70 14,717,435,000 71.24 10,939,911,000 72.44 74.33 Direct.................................. 5,594,998,000 27.10 5,722,796,000 27.70 4,064,069,000 26.91 71.02 Reinsurance........................ 246,633,000 1.19 218,221,000 1.06 97,573,000 0.65 44.71 Total...................................

20,642,736,000

20,658,452,000

15,101,553,000

73.10

PROPERTY INSURANCE

Net Net Net Net Net Net Earned Premiums Premiums Premiums Premiums Claims Claims Loss Written Written Earned Earned & Adj. Exps. & Adj. Exps. Ratio $ % $ % $ % %

Brokerage........................... 12,506,448,000 72.84 12,252,540,000 72.22 6,755,306,000 71.46 Direct.................................. 3,563,865,000 20.76 3,629,375,000 21.39 2,204,455,000 23.32 Reinsurance........................ 1,099,023,000 6.40 1,083,410,000 6.39 494,071,000 5.23

55.13 60.74 45.60

Total................................... 17,169,336,000 16,965,325,000 9,453,832,000

55.72

REMAINING INSURANCE

Net Net Net Net Net Net Earned Premiums Premiums Premiums Premiums Claims Claims Loss Written Written Earned Earned & Adj. Exps. & Adj. Exps. Ratio $ % $ % $ % %

Brokerage........................... 5,716,251,000 76.48 5,655,667,000 76.55 3,171,223,000 77.14 56.07 Direct.................................. 1,268,147,000 16.97 1,255,551,000 16.99 725,017,000 17.64 57.74 Reinsurance........................ 489,495,000 6.55 477,200,000 6.46 214,608,000 5.22 44.97 Total................................... 7,473,893,000 7,388,418,000 4,110,848,000

55.64

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016 63

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2016-06-06 3:34 PM

CANADIAN 2015 UNDERWRITING EXPERIENCE COMPILED BY “CANADIAN UNDERWRITER”

COMPANY TYPE: B — Brokerage D — Direct Writer R — Reinsurance Only L — Life Only G — Government

COMPANY OWNERSHIP: C — Canadian US — United States UK — United Kingdom F — Foreign

ACE INA INSURANCE

Abraham Andrew Hollenberg, President & Chief Executive Officer 1400-25 York St Toronto ON M5J 2V5 416-368-2911 Fax:416-594-3000 www.acegroup.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 129,000 29,000 –40,000 –137.93 Prop. - Commercial................. 18,001,000 25,791,000 21,464,000 83.22 Prop - Total ............................ 18,130,000 25,820,000 21,424,000 82.97 Aircraft..................................... 618,000 507,000 144,000 28.40 Auto. - Liability........................ 6,277,000 9,871,000 3,056,000 30.96 Auto. - Pers. Acc..................... 117,000 150,000 260,000 173.33 Auto. - Other............................ 1,623,000 4,505,000 2,818,000 62.55 Auto - Total ............................. 8,017,000 14,526,000 6,134,000 42.23 Boiler/Mach-excld................... 413,000 61,000 2,000 3.28 Fidelity..................................... –1,000 –1,000 –390,000 39,000.00 Hail.......................................... 22,000 23,000 268,000 1,165.22 Liability.................................... 56,317,000 55,690,000 39,740,000 71.36 Other Apprvd. Prod................. 12,000 3,000 Surety...................................... 6,653,000 7,039,000 1,654,000 23.50 Marine...................................... 2,371,000 2,622,000 2,267,000 86.46 Accident & Sickness................ 3,446,000 3,835,000 836,000 21.80 ——————— ——————— ——————— ————— Total 2015............................... 95,998,000 110,125,000 72,079,000 65.45 Total 2014................................ 110,064,000 112,613,000 92,262,000 81.93 Total 2013................................ 118,318,000 118,063,000 108,996,000 92.32 Total 2012................................ 220,896,000 212,616,000 172,828,000 81.29 Total 2011................................ 210,713,000 208,000,000 151,440,000 72.81

B-US

2015 Direct Premiums Written: +321,062,000 Growth: 0.82% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 40,725,000 Reinsurance Ceded............................ 330,165,000 Net Premiums Written.......................... 95,998,000 Net Premiums Earned........................ 110,125,000 Net Claims & Adj Exp........................... 72,079,000 Commissions........................................ –3,937,000 Taxes.................................................... 10,267,000 General Expenses................................ 27,261,000 Undwrwtg. Profit/Loss........................... 4,455,000 Investment Income............................... 29,903,000

Growth Rate (NPW)................................. –12.78 % of Market (NPW)..................................... 0.21 Earned Loss Ratio..................................... 65.45 Total Expense Ratio.................................. 30.50 Combined Loss & Exp. Ratio.................... 95.95 Return on Equity....................................... 14.77

Underwriting Result

2015: +$4,455,000 2014: –$7,751,000 2013: –$24,730,000 2012: –$17,196,000 2011: +$129,000

AFFILIATED FM INSURANCE COMPANY

B-US

Kenneth V Lavigne, Chief Agent 500-165 Commerce Valley Dr. W. Thornhill ON L3T 7V8 905-763-5555 Fax:905-763-5556 www.affiliatedfm.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 70,000 74,000 1,345,000 1,817.57 Prop. - Commercial................. 84,381,000 80,479,000 37,212,000 46.24 Prop - Total ............................ 84,451,000 80,553,000 38,557,000 47.87 Boiler/Mach-excld................... 7,667,000 7,417,000 3,259,000 43.94 Liability.................................... 5,480,000 0.00 Marine...................................... 1,615,000 1,490,000 649,000 43.56 ——————— ——————— ——————— ————— Total 2015............................... 93,733,000 89,460,000 47,945,000 53.59 Total 2014................................ 86,439,000 89,730,000 75,254,000 83.87 Total 2013................................ 91,687,000 93,714,000 106,196,000 113.32 Total 2012................................ 97,600,000 90,607,000 102,718,000 113.37 Total 2011................................ 82,822,000 78,743,000 38,193,000 48.50

2015 Direct Premiums Written: +102,715,000 Growth: 2.58% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 20,221,000 Net Premiums Written.......................... 93,733,000 Net Premiums Earned.......................... 89,460,000 Net Claims & Adj Exp........................... 47,945,000 Commissions.......................................... 5,860,000 Taxes...................................................... 3,547,000 General Expenses................................ 13,023,000 Undwrwtg. Profit/Loss......................... 19,074,000 Investment Income............................... 13,611,000

Growth Rate (NPW)..................................... 8.44 % of Market (NPW)..................................... 0.21 Earned Loss Ratio..................................... 53.59 Total Expense Ratio.................................. 25.07 Combined Loss & Exp. Ratio.................... 78.66 Return on Equity....................................... 15.45

Underwriting Result

2015: +$19,074,000 2014: –$14,048,000 2013: –$33,983,000 2012: –$29,776,000 2011: +$24,386,000

AIG INSURANCE COMPANY OF CANADA

B-US

Lynn Oldfield, Chief Executive Officer 1400 145 Wellington St. W. Toronto ON M5J 1H8 416-596-3000 Fax:416-977-2743 www.aig.ca Net Prems Class

Net Prems Net Claims Claims Written Earned

Incurred Ratio

Prop. - Personal...................... 2,490,000 2,971,000 3,480,000 117.13 Prop. - Commercial................. 129,372,000 188,076,000 107,806,000 57.32 Prop - Total ............................ 131,862,000 191,047,000 111,286,000 58.25 Aircraft..................................... 7,576,000 10,614,000 1,371,000 12.92 Auto. - Liability........................ 15,382,000 21,040,000 37,539,000 178.42 Auto. - Pers. Acc..................... 6,558,000 9,257,000 4,152,000 44.85 Auto. - Other............................ 7,205,000 9,563,000 4,007,000 41.90 Auto - Total ............................. 29,145,000 39,860,000 45,698,000 114.65 Boiler/Mach-excld................... 4,518,000 6,479,000 –4,045,000 –62.43 Credit....................................... 3,974,000 5,164,000 2,072,000 40.12 Fidelity..................................... 5,331,000 8,079,000 –344,000 –4.26 Liability.................................... 130,581,000 193,177,000 123,879,000 64.13 Surety...................................... 7,217,000 6,626,000 –2,097,000 –31.65 Marine...................................... 3,647,000 4,600,000 594,000 12.91 Accident & Sickness................ 61,538,000 67,102,000 33,794,000 50.36 ——————— ——————— ——————— ————— Total 2015............................... 385,389,000 532,748,000 312,208,000 58.60 Total 2014................................ 643,053,000 609,857,000 73,508,000 12.05 Total 2013................................ 587,332,000 573,836,000 339,685,000 59.20 Total 2012................................ 539,317,000 563,174,000 301,576,000 53.55 562,336,000 570,073,000 321,363,000 56.37 Total 2011................................ 64

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2015 Direct Premiums Written: +1,148,135,000 Growth: 6.73% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 23,583,000 Reinsurance Ceded............................ 794,892,000 Net Premiums Written........................ 385,389,000 Net Premiums Earned........................ 532,748,000 Net Claims & Adj Exp......................... 312,208,000 Commissions........................................ 11,641,000 Taxes.................................................... 35,504,000 General Expenses................................ 74,087,000 Undwrwtg. Profit/Loss....................... 100,381,000 Investment Income............................. 105,025,000

Underwriting Result

2015: +$100,381,000 2012: +$134,908,000

Growth Rate (NPW)................................. –40.07 % of Market (NPW)..................................... 0.86 Earned Loss Ratio..................................... 58.60 Total Expense Ratio.................................. 22.76 Combined Loss & Exp. Ratio.................... 81.36 Return on Equity....................................... 16.86

2014: +$378,565,000 2011: +$118,096,000

2013: +$78,746,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

For 50 years, AIG has helped Canadian businesses solve challenges through innovative thinking. We enable clients to discover personalized insurance solutions powered by strategic partnerships and industry-leading experience. Now we look forward to the next 50 years of emerging technology, evolving risks, and helping to make the impossible possible. Learn more at AIG.com/innovativetech

AIG Insurance Company of Canada is the licensed underwriter of AIG property casualty insurance products in Canada. Coverage may not be available in all provinces and territories and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. ÂŠ American International Group, Inc. All rights reserved.

64-107_2016 Stat Issue Cdn Underwriters.indd 65

2016-06-06 3:35 PM

ALBERTA MOTOR ASSOCIATION D-C INSURANCE COMPANY Mathew Wesolowski, Chief Operating Officer 11220 109 St NW Edmonton AB T5G 2T6 780-341-7766 Fax:780-341-7890 www.amainsurance.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 72,264,000 70,522,000 35,608,000 50.49 Prop. - Commercial................. 2,223,000 2,258,000 789,000 34.94 Prop - Total ............................ 74,487,000 72,780,000 36,397,000 50.01 Auto. - Liability........................ 107,888,000 108,791,000 133,024,000 122.27 Auto. - Pers. Acc..................... 10,772,000 10,753,000 6,577,000 61.16 Auto. - Other............................ 96,895,000 104,621,000 57,329,000 54.80 Auto - Total ............................. 215,555,000 224,165,000 196,930,000 87.85 Accident & Sickness................ 1,350,000 1,310,000 528,000 40.31 ——————— ——————— ——————— ————— Total 2015............................... 291,392,000 298,255,000 233,855,000 78.41 Total 2014................................ 305,812,000 292,521,000 238,301,000 81.46 Total 2013................................ 279,218,000 268,459,000 230,238,000 85.76 Total 2012................................ 260,653,000 254,398,000 193,842,000 76.20 Total 2011................................ 251,083,000 246,754,000 191,970,000 77.80

2015 Direct Premiums Written: +304,924,000 Growth: –4.82% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 13,532,000 Net Premiums Written........................ 291,392,000 Net Premiums Earned........................ 298,255,000 Net Claims & Adj Exp......................... 233,855,000 Commissions........................................ 35,090,000 Taxes...................................................... 9,351,000 General Expenses................................ 36,721,000 Undwrwtg. Profit/Loss......................... –6,995,000 Investment Income.................................. –774,000

Growth Rate (NPW)................................... –4.72 % of Market (NPW)..................................... 0.65 Earned Loss Ratio..................................... 78.41 Total Expense Ratio.................................. 27.21 Combined Loss & Exp. Ratio.................. 105.62 Return on Equity....................................... –2.73

Underwriting Result

2015: –$6,995,000 2014: –$15,755,000 2013: –$25,496,000 2012: +$127,000 2011: –$746,000

ALLIANZ GLOBAL RISKS US D-US INSURANCE COMPANY Ulrich Kadow, Chief Agent 1600-130 Adelaide St. W Toronto ON M5H 3P5 www.agcs.allianz.com ulrich.kadow@agcs.allianz.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 104,179,000 90,747,000 84,246,000 92.84 Prop - Total ............................ 104,179,000 90,747,000 84,246,000 92.84 Aircraft..................................... 22,128,000 25,407,000 12,668,000 49.86 Auto. - Liability........................ –2,719,000 0.00 Auto. - Pers. Acc..................... –307,000 0.00 Auto. - Other............................ 12,000 14,000 8,000 57.14 Auto - Total ............................. 12,000 14,000 –3,018,000 –21,557.14 Boiler/Mach-excld................... 29,972,000 30,034,000 5,717,000 19.04 Hail.......................................... 247,000 0.00 Liability.................................... 54,043,000 46,202,000 42,388,000 91.74 Marine...................................... 13,556,000 13,410,000 18,270,000 136.24 ——————— ——————— ——————— ————— Total 2015............................... 223,890,000 205,814,000 160,518,000 77.99 Total 2014................................ 202,084,000 178,985,000 140,894,000 78.72 Total 2013................................ 146,034,000 163,024,000 160,060,000 98.18 174,385,000 177,961,000 150,673,000 84.67 Total 2012................................ Total 2011................................ 167,156,000 163,711,000 138,425,000 84.55

2015 Direct Premiums Written: +375,589,000 Growth: 5.05% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 36,152,000 Reinsurance Ceded............................ 189,779,000 Net Premiums Written........................ 223,890,000 Net Premiums Earned........................ 205,814,000 Net Claims & Adj Exp......................... 160,518,000 Commissions........................................ 16,799,000 Taxes.................................................... 12,358,000 General Expenses................................ 41,897,000 Undwrwtg. Profit/Loss....................... –25,758,000 Investment Income............................... 16,349,000

Growth Rate (NPW)................................... 10.79 % of Market (NPW)..................................... 0.50 Earned Loss Ratio..................................... 77.99 Total Expense Ratio.................................. 34.52 Combined Loss & Exp. Ratio.................. 112.51 Return on Equity....................................... –0.03

Underwriting Result

2015: –$25,758,000 2014: –$14,072,000 2013: –$40,255,000 2012: –$13,920,000 2011: –$1,574,000

ALLSTATE INSURANCE COMPANY OF CANADA

D-US

Ryan Michel, President & Chief Executive Officer 27 Allstate Parkway Suite 100 Markham ON L3R 5P8 905-477-6900 Fax:905-475-4991 www.allstate.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 329,317,000 312,833,000 148,520,000 47.48 Prop. - Commercial................. 183,000 0.00 Prop - Total ............................ 329,317,000 312,833,000 148,703,000 47.53 Auto. - Liability........................ 524,690,000 504,107,000 316,401,000 62.76 262,472,000 259,950,000 257,059,000 98.89 Auto. - Pers. Acc..................... Auto. - Other............................ 253,555,000 234,749,000 192,214,000 81.88 Auto - Total ............................. 1,040,717,000 998,806,000 765,674,000 76.66 Liability.................................... 2,884,000 0.00 Accident & Sickness................ 138,000 138,000 87,000 63.04 ——————— ——————— ——————— ————— Total 2015............................... 1,370,172,000 1,311,777,000 917,348,000 69.93 Total 2014................................ 1,257,591,000 1,198,221,000 795,262,000 66.37 Total 2013................................ 1,147,475,000 1,094,136,000 703,969,000 64.34 Total 2012................................ 1,041,006,000 991,392,000 621,399,000 62.68 Total 2011................................ 941,720,000 882,274,000 609,557,000 69.09

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2015 Direct Premiums Written: +1,374,381,000 Growth: 8.93% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 4,209,000 Net Premiums Written..................... 1,370,172,000 Net Premiums Earned..................... 1,311,777,000 Net Claims & Adj Exp......................... 917,348,000 Commissions...................................... 103,328,000 Taxes.................................................... 41,800,000 General Expenses.............................. 210,651,000 Undwrwtg. Profit/Loss......................... 69,400,000 Investment Income............................... 67,639,000

Underwriting Result

Growth Rate (NPW)..................................... 8.95 % of Market (NPW)..................................... 3.05 Earned Loss Ratio..................................... 69.93 Total Expense Ratio.................................. 27.12 Combined Loss & Exp. Ratio.................... 97.05 Return on Equity....................................... 14.39

2015: +$69,400,000 2014: +$92,773,000

2013: +$93,977,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

AMERICAN ROAD INSURANCE COMPANY

D-US

Colleen Sexsmith, Chief Agent 1145 Nicholson Rd., Unit 2 Newmarket ON L3Y 9C3 905-853-0858 Fax:905-853-0183

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Other............................ 8,581,000 8,581,000 7,707,000 89.81 Auto - Total ............................. 8,581,000 8,581,000 7,707,000 89.81 ——————— ——————— ——————— ————— Total 2015............................... 8,581,000 8,581,000 7,707,000 89.81 Total 2014................................ 7,830,000 7,830,000 9,087,000 116.05 Total 2013................................ 7,417,000 7,417,000 6,825,000 92.02 Total 2012................................ 6,697,000 6,697,000 6,708,000 100.16 Total 2011................................ 6,470,000 6,470,000 6,376,000 98.55

2015 Direct Premiums Written: +8,581,000 Growth: 9.59% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................................ Net Premiums Written............................ 8,581,000 Net Premiums Earned............................ 8,581,000 Net Claims & Adj Exp............................. 7,707,000 Commissions.......................................................... Taxes......................................................... 279,000 General Expenses..................................... 612,000 Undwrwtg. Profit/Loss.............................. –17,000 Investment Income.................................... 365,000

Growth Rate (NPW)..................................... 9.59 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 89.81 Total Expense Ratio.................................. 10.38 Combined Loss & Exp. Ratio.................. 100.19 Return on Equity......................................... 1.89

Underwriting Result

2015: –$17,000 2014: –$2,079,000 2013: –$242,000 2012: –$768,000 2011: –$577,000

ANTIGONISH FARMERS’ MUTUAL INSURANCE COMPANY W.J. Chisholm, Manager

D-C

188 Main St. Antigonish NS B2G 2B9 902-863-3544 Fax:902-863-0664 www.antigonishfarmersmutual.ca bill@antigonishfarmersmutual.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 4,306,000 4,247,000 2,685,000 63.22 Prop - Total ............................ 4,306,000 4,247,000 2,685,000 63.22 Liability.................................... 590,000 592,000 88,000 14.86 ——————— ——————— ——————— ————— Total 2015............................... 4,896,000 4,839,000 2,773,000 57.31 Total 2014................................ 4,625,000 4,472,000 2,924,000 65.38 Total 2013................................ 4,388,000 4,269,000 2,831,000 66.32 Total 2012................................ 4,294,000 4,082,000 1,889,000 46.28

2015 Direct Premiums Written: +5,944,000 Growth: 1.45% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 1,048,000 Net Premiums Written............................ 4,896,000 Net Premiums Earned............................ 4,839,000 Net Claims & Adj Exp............................. 2,773,000 Commissions............................................. 759,000 Taxes......................................................... 231,000 General Expenses..................................... 914,000 Undwrwtg. Profit/Loss.............................. 162,000 Investment Income............................... –1,226,000

Growth Rate (NPW)..................................... 5.86 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 57.31 Total Expense Ratio.................................. 39.35 Combined Loss & Exp. Ratio.................... 96.66 Return on Equity....................................... –5.52

Underwriting Result

2015: +$162,000 2014: –$361,000 2013: –$410,000 2012: +$487,000

ARCH INSURANCE (CANADA)

B-F

Hugh Sturgess, Chief Executive Officer 77 King St W Suite 3600 PO Box 308 Toronto ON M5K 1K2 416-309-8100 Fax:416-309-8150 www.archinsurance.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 469,000 Prop. - Commercial................. 2,686,000 3,872,000 –1,954,000 –50.46 Prop - Total ............................ 2,686,000 4,341,000 –1,954,000 –45.01 Aircraft..................................... 2,000 0.00 Auto. - Liability........................ 171,000 215,000 4,528,000 2,106.05 Auto. - Pers. Acc..................... 84,000 142,000 3,444,000 2,425.35 Auto. - Other............................ 129,000 113,000 625,000 553.10 Auto - Total ............................. 384,000 470,000 8,597,000 1,829.15 Credit Protection..................... 862,000 1,416,000 954,000 67.37 Fidelity..................................... 36,000 27,000 12,000 44.44 Liability.................................... 2,041,000 2,480,000 2,717,000 109.56 Surety...................................... 34,000 280,000 261,000 93.21 Title.......................................... –12,000 0.00 Marine...................................... –2,000 0.00 ——————— ——————— ——————— ————— Total 2015............................... 6,043,000 9,014,000 10,575,000 117.32 Total 2014................................ 13,065,000 17,089,000 8,267,000 48.38 Total 2013................................ 17,956,000 47,623,000 63,584,000 133.52 Total 2012................................ 82,729,000 75,068,000 66,355,000 88.39 Total 2011................................ 69,286,000 62,484,000 46,972,000 75.17 CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 67

2015 Direct Premiums Written: +71,311,000 Growth: –9.59% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 4,353,000 Reinsurance Ceded.............................. 69,727,000 Net Premiums Written............................ 6,043,000 Net Premiums Earned............................ 9,014,000 Net Claims & Adj Exp........................... 10,575,000 Commissions...................................... –11,700,000 Taxes...................................................... 2,487,000 General Expenses................................ 17,314,000 Undwrwtg. Profit/Loss......................... –9,662,000 Investment Income................................. 5,304,000

Growth Rate (NPW)................................. –53.75 % of Market (NPW)..................................... 0.01 Earned Loss Ratio................................... 117.32 Total Expense Ratio.................................. 89.87 Combined Loss & Exp. Ratio.................. 207.19 Return on Equity....................................... –1.38

Underwriting Result

2015: –$9,662,000 2014: –$3,779,000 2013: –$41,707,000 2012: –$14,727,000 2011: –$1,495,000

2016-06-06 3:35 PM

ASSOCIATED ELECTRIC & GAS INSURANCE SERVICES LTD.

D-F

J Brian Reeve, Chief Agent Jesse Benton, Contact 2100-40 King St W Toronto ON M5H 3C2 416-869-5745 Fax:416-350-6955 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 1,326,000 1,277,000 –6,004,000 –470.16 Prop - Total ............................ 1,326,000 1,277,000 –6,004,000 –470.16 Liability.................................... 16,333,000 8,968,000 22,100,000 246.43 Marine...................................... 24,000 0.00 ——————— ——————— ——————— ————— Total 2015............................... 17,659,000 10,245,000 16,120,000 157.35 Total 2014................................ 26,033,000 21,900,000 46,741,000 213.43 Total 2013................................ 22,245,000 20,027,000 17,594,000 87.85 Total 2012................................ 16,821,000 19,546,000 9,530,000 48.76

2015 Direct Premiums Written: +32,474,000 Growth: –27.03% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 14,705,000 Net Premiums Written.......................... 17,659,000 Net Premiums Earned.......................... 10,245,000 Net Claims & Adj Exp........................... 16,120,000 Commissions........................................ –2,016,000 Taxes......................................................... 814,000 General Expenses.................................. 5,723,000 Undwrwtg. Profit/Loss........................... 2,901,000 Investment Income................................. 3,564,000

Growth Rate (NPW)................................. –32.17 % of Market (NPW)..................................... 0.04 Earned Loss Ratio................................... 157.35 Total Expense Ratio.................................. 44.13 Combined Loss & Exp. Ratio.................. 201.48 Return on Equity....................................... 14.45

Underwriting Result

2015: +$2,901,000 2014: –$29,671,000 2013: –$2,646,000 2012: +$5,541,000

ATRADIUS CREDIT INSURANCE N.V.

D-F

Ian Miller, Chief Agent for Canada Anthony Alfonso, Senior Accountant 83 Little Bridge St Unit 12 PO Box 1346 Almonte ON K0A 1A0 613-256-5035 Fax:613-256-9133

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Credit....................................... 5,173,000 4,730,000 2,481,000 52.45 ——————— ——————— ——————— ————— Total 2015............................... 5,173,000 4,730,000 2,481,000 52.45 Total 2014................................ 3,848,000 3,894,000 2,048,000 52.59 Total 2013................................ 3,727,000 3,558,000 1,817,000 51.07 Total 2012................................ 4,087,000 3,811,000 175,000 4.59 Total 2011................................ 4,227,000 4,127,000 –654,000 –15.85

2015 Direct Premiums Written: +14,280,000 Growth: 26.44% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 9,107,000 Net Premiums Written............................ 5,173,000 Net Premiums Earned............................ 4,730,000 Net Claims & Adj Exp............................. 2,481,000 Commissions........................................... –819,000 Taxes......................................................... 464,000 General Expenses.................................. 4,183,000 Undwrwtg. Profit/Loss......................... –1,327,000 Investment Income.................................... 116,000

Growth Rate (NPW)................................... 34.43 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 52.45 Total Expense Ratio.................................. 80.93 Combined Loss & Exp. Ratio.................. 133.38 Return on Equity....................................... –0.40

Underwriting Result

2015: –$1,327,000 2014: –$1,489,000 2013: –$1,349,000 2012: +$1,087,000 2011: +$2,815,000

AVIVA CANADA INC. AVIVA INSURANCE COMPANY OF CANADA TRADERS GENERAL INSURANCE COMPANY SCOTTISH & YORK INSURANCE CO. LIMITED ELITE INSURANCE COMPANY S&Y INSURANCE COMPANY PILOT INSURANCE COMPANY

B-UK Greg Somerville, President & Chief Executive Officer 2206 Eglinton Ave. E. Scarborough ON M1L 4S8 416-288-1800 Fax:416-288-9756 www.avivacanada.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 870,461,000 833,594,000 508,723,000 61.03 Prop. - Commercial................. 519,191,000 520,482,000 335,434,000 64.45 Prop - Total ............................ 1,389,652,000 1,354,076,000 844,157,000 62.34 Auto. - Liability........................ 933,498,000 935,138,000 596,302,000 63.77 Auto. - Pers. Acc..................... 409,248,000 412,892,000 355,661,000 86.14 Auto. - Other............................ 662,147,000 655,522,000 441,930,000 67.42 Auto - Total ............................. 2,004,893,000 2,003,552,000 1,393,893,000 69.57 Boiler/Mach-excld................... 38,906,000 38,094,000 11,751,000 30.85 Fidelity..................................... 808,000 798,000 180,000 22.56 Liability.................................... 329,425,000 338,707,000 165,357,000 48.82 Surety...................................... 75,110,000 75,924,000 15,202,000 20.02 Marine...................................... 43,955,000 43,024,000 22,419,000 52.11 Accident & Sickness................ 741,000 748,000 437,000 58.42 ——————— ——————— ——————— ————— Total 2015............................... 3,883,490,000 3,854,923,000 2,453,396,000 63.64 Total 2014................................ 3,828,980,000 3,731,330,000 2,493,329,000 66.82 Total 2013................................ 3,622,441,000 3,534,974,000 2,190,688,000 61.97 Total 2012................................ 3,437,983,000 3,388,615,000 2,099,962,000 61.97 Total 2011................................ 3,291,024,000 3,218,052,000 2,116,459,000 65.77 68

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2015 Direct Premiums Written: +4,110,369,000 Growth: 3.84% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 1,152,000 Reinsurance Ceded............................ 228,036,000 Net Premiums Written..................... 3,883,490,000 Net Premiums Earned..................... 3,854,923,000 Net Claims & Adj Exp...................... 2,453,396,000 Commissions...................................... 779,927,000 Taxes.................................................. 134,129,000 General Expenses.............................. 286,926,000 Undwrwtg. Profit/Loss....................... 200,545,000 Investment Income............................. 120,331,000

Underwriting Result

2015: +$200,545,000 2012: +$166,046,000

Growth Rate (NPW)..................................... 1.42 % of Market (NPW)..................................... 8.66 Earned Loss Ratio..................................... 63.64 Total Expense Ratio.................................. 31.15 Combined Loss & Exp. Ratio.................... 94.79 Return on Equity....................................... 15.75

2014: +$76,854,000 2011: +$87,209,000

2013: +$204,569,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

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CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 69

2016-06-06 3:35 PM

BERKLEY INSURANCE COMPANY

B-US

Andrew P Steen, Chief Agent 145 King St W Suite 1000 Toronto ON M5H 1J8 416-304-1178 Fax:416-304-4108 www.berkleycanada.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 4,100,000 4,242,000 1,736,000 40.92 Prop - Total ............................ 4,100,000 4,242,000 1,736,000 40.92 Aircraft..................................... 260,000 377,000 193,000 51.19 Auto. - Liability........................ –3,000 6,000 –279,000 –4,650.00 Auto - Total ............................. –3,000 6,000 –279,000 –4,650.00 Boiler/Mach-excld................... 1,000 1,000 –1,000 –100.00 Fidelity..................................... 416,000 851,000 278,000 32.67 Liability.................................... 38,308,000 32,598,000 25,005,000 76.71 Surety...................................... 923,000 2,431,000 –747,000 –30.73 Marine...................................... 1,497,000 1,674,000 117,000 6.99 Accident & Sickness................ 15,406,000 5,406,000 2,637,000 48.78 ——————— ——————— ——————— ————— Total 2015............................... 60,908,000 47,586,000 28,939,000 60.81 Total 2014................................ 43,980,000 43,810,000 34,926,000 79.72 Total 2013................................ 44,715,000 44,081,000 35,918,000 81.48 Total 2012................................ 43,244,000 42,940,000 31,848,000 74.17 Total 2011................................ 40,767,000 34,325,000 21,509,000 62.66

2015 Direct Premiums Written: +66,103,000 Growth: 38.15% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 7,438,000 Reinsurance Ceded.............................. 12,805,000 Net Premiums Written.......................... 60,908,000 Net Premiums Earned.......................... 47,586,000 Net Claims & Adj Exp........................... 28,939,000 Commissions.......................................... 7,781,000 Taxes...................................................... 1,581,000 General Expenses................................ 13,694,000 Undwrwtg. Profit/Loss......................... –4,113,000 Investment Income................................. 2,687,000

Growth Rate (NPW)................................... 38.49 % of Market (NPW)..................................... 0.14 Earned Loss Ratio..................................... 60.81 Total Expense Ratio.................................. 48.45 Combined Loss & Exp. Ratio.................. 109.26 Return on Equity....................................... –2.32

Underwriting Result

2015: –$4,113,000 2014: –$12,741,000 2013: –$15,603,000 2012: –$9,547,000 2011: –$5,207,000

THE BOILER INSPECTION AND INSURANCE B-US COMPANY OF CANADA John Mulvihill, President & Chief Executive Officer 250 Yonge St Suite 3000 Toronto ON M5B 2L7 416-363-5491 Fax:416-363-0538 www.biico.com corporate@biico.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,070,000 1,031,000 138,000 13.39 Prop. - Commercial................. 5,460,000 5,290,000 3,699,000 69.92 Prop - Total ............................ 6,530,000 6,321,000 3,837,000 60.70 28,840,000 28.49 Boiler/Mach-excld................... 104,579,000 101,225,000 ——————— ——————— ——————— ————— Total 2015............................... 111,109,000 107,546,000 32,677,000 30.38 Total 2014................................ 105,684,000 98,573,000 29,705,000 30.14 Total 2013................................ 92,206,000 88,994,000 28,336,000 31.84 87,794,000 95,235,000 24,910,000 26.16 Total 2012................................ Total 2011................................ 101,502,000 98,197,000 25,592,000 26.06

2015 Direct Premiums Written: +37,045,000 Growth: 5.32% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 78,665,000 Reinsurance Ceded................................ 4,669,000 Net Premiums Written........................ 111,109,000 Net Premiums Earned........................ 107,546,000 Net Claims & Adj Exp........................... 32,677,000 Commissions........................................ 26,119,000 Taxes...................................................... 1,450,000 General Expenses................................ 21,039,000 Undwrwtg. Profit/Loss......................... 26,261,000 Investment Income................................. 5,433,000

Growth Rate (NPW)..................................... 5.13 % of Market (NPW)..................................... 0.25 Earned Loss Ratio..................................... 30.38 Total Expense Ratio.................................. 45.20 Combined Loss & Exp. Ratio.................... 75.58 Return on Equity....................................... 28.91

Underwriting Result

2015: +$26,261,000 2014: +$21,953,000 2012: +$22,351,000 2011: +$21,821,000

2013: +$17,330,000

CAA INSURANCE COMPANY

D-C

Jay Woo, President & Chief Executive Officer 60 Commerce Valley Dr. E. Thornhill ON L3T 7P9 905-771-3000 Fax:905-771-3463

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 43,254,000 39,755,000 21,101,000 53.08 43,254,000 39,755,000 21,101,000 53.08 Prop - Total ............................ Auto. - Liability........................ 69,322,000 68,250,000 35,179,000 51.54 Auto. - Pers. Acc..................... 43,062,000 43,024,000 20,986,000 48.78 26,947,000 26,088,000 17,266,000 66.18 Auto. - Other............................ Auto - Total ............................. 139,331,000 137,362,000 73,431,000 53.46 Accident & Sickness................ 908,000 990,000 –265,000 –26.77 ——————— ——————— ——————— ————— Total 2015............................... 183,493,000 178,107,000 94,267,000 52.93 175,255,000 181,766,000 113,052,000 62.20 Total 2014................................ Total 2013................................ 197,246,000 192,014,000 112,934,000 58.82 Total 2012................................ 183,875,000 179,955,000 106,343,000 59.09 Total 2011................................ 168,742,000 156,531,000 103,248,000 65.96

2015 Direct Premiums Written: +191,896,000 Growth: 3.88% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. 407,000 Reinsurance Ceded................................ 8,810,000 Net Premiums Written........................ 183,493,000 Net Premiums Earned........................ 178,107,000 Net Claims & Adj Exp........................... 94,267,000 Commissions.......................................... 1,403,000 Taxes...................................................... 5,857,000 General Expenses................................ 66,859,000 Undwrwtg. Profit/Loss......................... 13,411,000 Investment Income............................... 18,308,000

Underwriting Result

Growth Rate (NPW)..................................... 4.70 % of Market (NPW)..................................... 0.41 Earned Loss Ratio..................................... 52.93 Total Expense Ratio.................................. 41.61 Combined Loss & Exp. Ratio.................... 94.54 Return on Equity....................................... 16.67

2015: +$13,411,000 2014: +$4,182,000 2012: +$11,221,000 2011: –$289,000

64-107_2016 Stat Issue Cdn Underwriters.indd 70

2013: +$18,892,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

LA CAPITALE ASSURANCES GENERALES INC.

D-C

Constance Lemieux, Presidente et chef de l’exploitation 625 St Amable 3e etage, CP Box 17100 Québec QC G1R 2G5 418-747-7575 Fax:418-643-6598

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 274,487,000 257,561,000 139,019,000 53.98 Prop. - Commercial................. 75,699,000 72,383,000 37,312,000 51.55 Prop - Total ............................ 350,186,000 329,944,000 176,331,000 53.44 Auto. - Liability........................ 215,802,000 208,119,000 113,549,000 54.56 Auto. - Pers. Acc..................... 30,331,000 29,837,000 23,452,000 78.60 Auto. - Other............................ 251,513,000 245,241,000 194,424,000 79.28 Auto - Total ............................. 497,646,000 483,197,000 331,425,000 68.59 Legal Expense......................... 6,456,000 6,254,000 3,391,000 54.22 Liability.................................... 9,995,000 17,526,000 15,679,000 89.46 Surety...................................... 6,235,000 6,625,000 1,443,000 21.78 ——————— ——————— ——————— ————— Total 2015............................... 870,518,000 843,546,000 528,269,000 62.62 Total 2014................................ 571,304,000 535,069,000 340,928,000 63.72 Total 2013................................ 562,202,000 514,051,000 331,045,000 64.40 Total 2012................................ 516,810,000 482,373,000 286,740,000 59.44 Total 2011................................ 500,498,000 463,159,000 279,078,000 60.26

2015 Direct Premiums Written: +879,710,000 Growth: 57.47% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 18,808,000 Reinsurance Ceded.............................. 28,000,000 Net Premiums Written........................ 870,518,000 Net Premiums Earned........................ 843,546,000 Net Claims & Adj Exp......................... 528,269,000 Commissions...................................... 102,376,000 Taxes.................................................... 28,457,000 General Expenses.............................. 160,678,000 Undwrwtg. Profit/Loss......................... 27,611,000 Investment Income............................... 26,344,000

Growth Rate (NPW)................................... 52.37 % of Market (NPW)..................................... 1.94 Earned Loss Ratio..................................... 62.62 Total Expense Ratio.................................. 34.56 Combined Loss & Exp. Ratio.................... 97.18 Return on Equity....................................... 12.28

Underwriting Result

2015: +$27,611,000 2014: –$3,346,000 2013: –$19,934,000 2012: +$11,240,000 2011: +$15,744,000

CHICAGO TITLE INSURANCE COMPANY CANADA B-US 55 Superior Blvd Mississauga ON L5T 2X9 www.ctic.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Title.......................................... 28,178,000 28,178,000 5,758,000 20.43 ——————— ——————— ——————— ————— Total 2015............................... 28,178,000 28,178,000 5,758,000 20.43 Total 2014................................ 26,256,000 26,256,000 7,428,000 28.29 Total 2013................................ 26,027,000 26,027,000 9,139,000 35.11

2015 Direct Premiums Written: +28,253,000 Growth: 6.66% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded..................................... 75,000 Net Premiums Written.......................... 28,178,000 Net Premiums Earned.......................... 28,178,000 Net Claims & Adj Exp............................. 5,758,000 Commissions........................................ 14,447,000 Taxes......................................................... 705,000 General Expenses.................................. 1,980,000 Undwrwtg. Profit/Loss........................... 5,294,000 Investment Income.................................... 548,000

Growth Rate (NPW)..................................... 7.32 % of Market (NPW)..................................... 0.06 Earned Loss Ratio..................................... 20.43 Total Expense Ratio.................................. 60.80 Combined Loss & Exp. Ratio.................... 81.23 Return on Equity....................................... 12.07

Underwriting Result

2015: +$5,294,000 2014: +$5,201,000 2013: +$3,288,000

CHUBB INSURANCE COMPANY OF CANADA

B-US

Ellen J. Moore, President 199 Bay St Suite 2500 PO Box 139 Commerce Court Toronto ON M5L 1E2 416-863-0550 Fax:416-863-3144 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 212,116,000 210,615,000 125,201,000 59.45 75,819,000 70,314,000 41,707,000 59.32 Prop. - Commercial................. Prop - Total ............................ 287,935,000 280,929,000 166,908,000 59.41 Aircraft..................................... 33,000 0.00 Auto. - Liability........................ 41,662,000 40,673,000 33,922,000 83.40 Auto. - Pers. Acc..................... 10,031,000 9,946,000 13,950,000 140.26 32,958,000 32,407,000 20,687,000 63.83 Auto. - Other............................ Auto - Total ............................. 84,651,000 83,026,000 68,559,000 82.58 Boiler/Mach-excld................... 9,234,000 8,582,000 3,174,000 36.98 Fidelity..................................... 20,691,000 20,845,000 8,319,000 39.91 Liability.................................... 207,958,000 206,515,000 70,159,000 33.97 8,616,000 792,000 9.19 Surety...................................... 10,882,000 Marine...................................... 2,161,000 2,058,000 359,000 17.44 Accident & Sickness................ 10,004,000 9,971,000 6,636,000 66.55 ——————— ——————— ——————— ————— Total 2015............................... 633,516,000 620,542,000 324,939,000 52.36 Total 2014................................ 617,085,000 603,053,000 336,055,000 55.73 Total 2013................................ 593,601,000 598,760,000 446,869,000 74.63 Total 2012................................ 605,175,000 609,830,000 285,927,000 46.89 Total 2011................................ 615,310,000 605,021,000 351,212,000 58.05

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 71

2015 Direct Premiums Written: +683,084,000 Growth: 3.03% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 10,019,000 Reinsurance Ceded.............................. 64,562,000 Net Premiums Written........................ 633,516,000 Net Premiums Earned........................ 620,542,000 Net Claims & Adj Exp......................... 324,939,000 Commissions...................................... 102,532,000 Taxes.................................................... 21,500,000 General Expenses.............................. 102,035,000 Undwrwtg. Profit/Loss......................... 69,536,000 Investment Income............................... 52,409,000

Underwriting Result

Growth Rate (NPW)..................................... 2.66 % of Market (NPW)..................................... 1.41 Earned Loss Ratio..................................... 52.36 Total Expense Ratio.................................. 36.43 Combined Loss & Exp. Ratio.................... 88.79 Return on Equity....................................... 10.48

2015: +$69,536,000 2014: +$53,675,000 2012: +$121,663,000 2011: +$54,046,000

2013: –$50,951,000

2016-06-08 12:27 PM

CLARE MUTUAL INSURANCE COMPANY

D-C

Janice Belliveau, President Belliveau Cove Digby County NS B0W 1J0 902-837-4597 Fax:902-837-7745

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,483,000 1,431,000 537,000 37.53 Prop. - Commercial................. 216,000 209,000 21,000 10.05 Prop - Total ............................ 1,699,000 1,640,000 558,000 34.02 Liability.................................... 133,000 135,000 13,000 9.63 ——————— ——————— ——————— ————— Total 2015............................... 1,832,000 1,775,000 571,000 32.17 Total 2014................................ 1,856,000 1,850,000 636,000 34.38 Total 2013................................ 1,872,000 1,842,000 842,000 45.71 Total 2012................................ 1,113,000 1,075,000 876,000 81.49 Total 2011................................ 994,000 922,000 592,000 64.21

2015 Direct Premiums Written: +3,025,000 Growth: 3.14% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 1,193,000 Net Premiums Written............................ 1,832,000 Net Premiums Earned............................ 1,775,000 Net Claims & Adj Exp................................ 571,000 Commissions............................................. 125,000 Taxes...................................................................... General Expenses.................................. 1,051,000 Undwrwtg. Profit/Loss.............................. 130,000 Investment Income.................................... 128,000

Growth Rate (NPW)................................... –1.29 % of Market (NPW)..................................... 0.00 Earned Loss Ratio..................................... 32.17 Total Expense Ratio.................................. 66.25 Combined Loss & Exp. Ratio.................... 98.42 Return on Equity....................................... 12.93

Underwriting Result

2015: +$130,000 2014: +$88,000 2013: –$151,000 2012: –$691,000 2011: –$94,000

CNA CANADA CONTINENTAL CASUALTY COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 801,000 180,000 –12,000 –6.67 Prop. - Commercial................. 74,358,000 71,639,000 41,905,000 58.49 75,159,000 71,819,000 41,893,000 58.33 Prop - Total ............................ Aircraft..................................... –19,000 0.00 Auto. - Liability........................ 18,262,000 18,188,000 8,150,000 44.81 Auto. - Pers. Acc..................... 3,140,000 3,097,000 5,945,000 191.96 Auto. - Other............................ 9,324,000 9,284,000 6,676,000 71.91 30,726,000 30,569,000 20,771,000 67.95 Auto - Total ............................. Boiler/Mach-excld................... 136,000 172,000 297,000 172.67 Fidelity..................................... 634,000 650,000 162,000 24.92 Liability.................................... 99,848,000 104,401,000 34,104,000 32.67 Surety...................................... 6,820,000 6,439,000 2,615,000 40.61 41,564,000 40,063,000 25,158,000 62.80 Marine...................................... Accident & Sickness................ 22,000 0.00 ——————— ——————— ——————— ————— Total 2015............................... 254,887,000 254,113,000 125,003,000 49.19 Total 2014................................ 261,065,000 278,820,000 155,353,000 55.72 284,229,000 278,242,000 182,717,000 65.67 Total 2013................................ Total 2012................................ 281,226,000 265,810,000 159,675,000 60.07 Total 2011................................ 244,604,000 241,470,000 149,694,000 61.99

B-US John Hennessy, President and Chief Operating Officer 66 Wellington St. W, Suite 3700 Toronto ON M5K 1J5 416-542-7300 Fax:416-542-7360 www.cnacanada.ca

2015 Direct Premiums Written: +261,241,000 Growth: –1.30% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 9,110,000 Reinsurance Ceded.............................. 20,672,000 Net Premiums Written........................ 254,887,000 Net Premiums Earned........................ 254,113,000 Net Claims & Adj Exp......................... 125,003,000 Commissions........................................ 48,329,000 Taxes...................................................... 7,742,000 General Expenses................................ 30,814,000 Undwrwtg. Profit/Loss......................... 42,055,000 Investment Income............................... 33,701,000

Growth Rate (NPW)................................... –2.37 % of Market (NPW)..................................... 0.57 Earned Loss Ratio..................................... 49.19 Total Expense Ratio.................................. 34.19 Combined Loss & Exp. Ratio.................... 83.38 Return on Equity....................................... 11.35

Underwriting Result

2015: +$42,055,000 2014: +$27,532,000 2012: +$22,910,000 2011: +$8,713,000

2013: +$4,310,000

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 ngaytom@coophail.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Hail.......................................... 13,967,000 13,967,000 8,445,000 60.46 ——————— ——————— ——————— ————— Total 2015............................... 13,967,000 13,967,000 8,445,000 60.46 Total 2014................................ 29,015,000 29,015,000 24,294,000 83.73 Total 2013................................ 34,021,000 34,021,000 13,959,000 41.03 Total 2012................................ 32,861,000 0 25,015,000 Total 2011................................ 31,537,000 31,537,000 20,446,000 64.83

2015 Direct Premiums Written: +33,174,000 Growth: –29.36% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 19,207,000 Net Premiums Written.......................... 13,967,000 Net Premiums Earned.......................... 13,967,000 Net Claims & Adj Exp............................. 8,445,000 Commissions........................................ –1,177,000 Taxes......................................................... 926,000 General Expenses.................................. 2,263,000 Undwrwtg. Profit/Loss........................... 3,510,000 Investment Income................................. 2,775,000

Underwriting Result

Growth Rate (NPW)................................. –51.86 % of Market (NPW)..................................... 0.03 Earned Loss Ratio..................................... 60.46 Total Expense Ratio.................................. 14.41 Combined Loss & Exp. Ratio.................... 74.87 Return on Equity......................................... 8.00

2015: +$3,510,000 2014: –$500,000 2012: +$2,734,000 2011: +$3,927,000

64-107_2016 Stat Issue Cdn Underwriters.indd 72

2013: +$15,731,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

CO-OPERATORS GENERAL INSURANCE COMPANY (CONSOLIDATED) D-C Katherine Bardswick, President & C.E.O. CO-OPERATORS GENERAL INSURANCE COMPANY CO-OPERATORS INSURANCE AGENCIES LIMITED COSECO INSURANCE COMPANY L’EQUITABLE COMPAGNIE D’ASSURANCES GENERALES SOVEREIGN GENERAL INSURANCE COMPANY Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 659,202,000 628,789,000 375,293,000 59.69 Prop. - Commercial................. 299,742,000 293,728,000 197,187,000 67.13 Prop - Total ............................ 958,944,000 922,517,000 572,480,000 62.06 Aircraft..................................... –543,000 0.00 Auto. - Liability........................ 584,061,000 566,125,000 381,566,000 67.40 Auto. - Pers. Acc..................... 196,908,000 190,686,000 121,233,000 63.58 Auto. - Other............................ 357,424,000 341,833,000 269,983,000 78.98 Auto - Total ............................. 1,138,393,000 1,098,644,000 772,782,000 70.34 Boiler/Mach-excld................... 8,038,000 5,786,000 1,567,000 27.08 Fidelity..................................... 1,284,000 1,295,000 717,000 55.37 Hail.......................................... –44,000 0.00 Legal Expense......................... 1,000 1,000 1,000 100.00 Liability.................................... 222,553,000 217,987,000 126,670,000 58.11 Surety...................................... 8,407,000 8,561,000 1,301,000 15.20 Marine...................................... 16,640,000 16,658,000 11,746,000 70.51 Accident & Sickness................ 191,000 197,000 260,000 131.98 ——————— ——————— ——————— ————— Total 2015............................... 2,354,451,000 2,271,646,000 1,486,937,000 65.46 Total 2014................................ 2,215,781,000 2,164,429,000 1,484,192,000 68.57 Total 2013................................ 2,095,955,000 2,048,093,000 1,460,126,000 71.29 Total 2012................................ 2,023,203,000 1,995,585,000 1,254,318,000 62.85 Total 2011................................ 2,229,026,000 2,174,264,000 1,413,273,000 65.00

Priory Square Guelph ON N1H 6P8 519-824-4400 Fax:519-837-0231

2015 Direct Premiums Written: +2,410,155,000 Growth: 5.71% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 11,632,000 Reinsurance Ceded.............................. 67,655,000 Net Premiums Written..................... 2,354,451,000 Net Premiums Earned..................... 2,271,646,000 Net Claims & Adj Exp...................... 1,486,937,000 Commissions...................................... 307,623,000 Taxes.................................................... 72,528,000 General Expenses.............................. 370,162,000 Undwrwtg. Profit/Loss......................... 59,803,000 Investment Income............................. 143,723,000

Growth Rate (NPW)..................................... 6.26 % of Market (NPW)..................................... 5.25 Earned Loss Ratio..................................... 65.46 Total Expense Ratio.................................. 33.03 Combined Loss & Exp. Ratio.................... 98.49 Return on Equity....................................... 11.00

Underwriting Result

2015: +$59,803,000 2014: –$4,721,000 2013: –$66,809,000 2012: +$75,378,000 2011: +$28,831,000

COREPOINTE INSURANCE COMPANY

D-US

Colleen Sexsmith, Chief Agent 1145 Nicholson Rd Unit 2 Newmarket ON L3Y 9C3 905-853-0858 Fax:905-853-0183 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ –788,000 –788,000 –850,000 107.87 Auto - Total ............................. –788,000 –788,000 –850,000 107.87 –1,000 –23,000 2,300.00 Other Apprvd. Prod................. –31,000 ——————— ——————— ——————— ————— Total 2015............................... –819,000 –789,000 –873,000 110.65 Total 2014................................ 53,000 60,000 –367,000 –611.67 54,000 –400,000 –740.74 Total 2013................................ 43,000 Total 2012................................ 52,000 64,000 –1,264,000 –1,975.00 Total 2011................................ –86,000 235,000 –1,120,000 –476.60

2015 Direct Premiums Written: +44,000 Growth: 12.82% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................... 863,000 Net Premiums Written............................. –819,000 Net Premiums Earned............................. –789,000 Net Claims & Adj Exp.............................. –873,000 Commissions............................................... –7,000 Taxes............................................................. 3,000 General Expenses..................................... 152,000 Undwrwtg. Profit/Loss.............................. –64,000 Investment Income.................................... 312,000

Growth Rate (NPW)............................ –1,645.28 % of Market (NPW)..................................... 0.00 Earned Loss Ratio................................... 110.65 Total Expense Ratio................................ –18.76 Combined Loss & Exp. Ratio.................... 91.89 Return on Equity......................................... 1.73

Underwriting Result

2015: –$64,000 2014: +$316,000 2013: +$301,000 2012: +$982,000 2011: +$1,095,000

CUMIS GENERAL INSURANCE COMPANY

D-C

Katherine Bardswick, President & Chief Executive Officer P.O. Box 5065, 151 North Service Rd. Burlington ON L7R 4C2 905-632-1221 Fax:905-632-9412 www.cumis.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 49,617,000 45,684,000 24,381,000 53.37 Prop. - Commercial................. 12,024,000 12,172,000 3,904,000 32.07 Prop - Total ............................ 61,641,000 57,856,000 28,285,000 48.89 Auto. - Liability........................ 20,676,000 19,739,000 17,504,000 88.68 Auto. - Pers. Acc..................... 12,635,000 12,457,000 8,613,000 69.14 Auto. - Other............................ 10,945,000 10,570,000 7,196,000 68.08 Auto - Total ............................. 44,256,000 42,766,000 33,313,000 77.90 Boiler/Mach-excld................... –2,000 0.00 Fidelity..................................... 6,438,000 6,357,000 3,406,000 53.58 Liability.................................... 7,037,000 6,337,000 4,589,000 72.42 Surety...................................... 5,000 1,000 Accident & Sickness................ 173,000 807,000 399,000 49.44 ——————— ——————— ——————— ————— Total 2015............................... 119,550,000 114,124,000 69,990,000 61.33 Total 2014................................ 96,121,000 95,233,000 60,360,000 63.38 Total 2013................................ 92,931,000 91,539,000 52,564,000 57.42 Total 2012................................ 92,205,000 90,982,000 52,065,000 57.23 Total 2011................................ 91,975,000 86,993,000 57,322,000 65.89 CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 73

2015 Direct Premiums Written: +258,294,000 Growth: 148.22% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 19,072,000 Reinsurance Ceded............................ 158,281,000 Net Premiums Written........................ 119,550,000 Net Premiums Earned........................ 114,124,000 Net Claims & Adj Exp........................... 69,990,000 Commissions........................................ 23,508,000 Taxes...................................................... 4,408,000 General Expenses................................ 13,126,000 Undwrwtg. Profit/Loss........................... 2,544,000 Investment Income................................. 4,929,000

Underwriting Result

Growth Rate (NPW)................................... 24.37 % of Market (NPW)..................................... 0.27 Earned Loss Ratio..................................... 61.33 Total Expense Ratio.................................. 35.96 Combined Loss & Exp. Ratio.................... 97.29 Return on Equity......................................... 7.49

2015: +$2,544,000 2014: +$1,536,000 2012: +$7,846,000 2011: –$49,000

2013: +$13,685,000

2016-06-06 3:35 PM

DAS LEGAL PROTECTION INSURANCE COMPANY LIMITED

B-C

Barbara Haynes, President & Chief Executive Officer 390 Bay St Suite 1610 Toronto ON M5H 2Y2 888-582-5586 www.das.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Legal Expense......................... 12,847,000 11,876,000 9,527,000 80.22 ——————— ——————— ——————— ————— Total 2015............................... 12,847,000 11,876,000 9,527,000 80.22 Total 2014................................ 12,600,000 6,576,000 3,772,000 57.36

2015 Direct Premiums Written: +17,964,000 Growth: 65.72% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 1,664,000 Reinsurance Ceded................................ 6,781,000 Net Premiums Written.......................... 12,847,000 Net Premiums Earned.......................... 11,876,000 Net Claims & Adj Exp............................. 9,527,000 Commissions.......................................... 2,314,000 Taxes......................................................... 300,000 General Expenses.................................. 5,613,000 Undwrwtg. Profit/Loss......................... –5,878,000 Investment Income.................................... 206,000

Growth Rate (NPW)..................................... 1.96 % of Market (NPW)..................................... 0.03 Earned Loss Ratio..................................... 80.22 Total Expense Ratio.................................. 69.27 Combined Loss & Exp. Ratio.................. 149.49 Return on Equity..................................... –79.95

Underwriting Result

2015: –$5,878,000 2014: –$4,074,000

DESJARDINS GENERAL INSURANCE GROUP INC.

D-C

Sylvie Paquette, Président 6300 Boul. Guillaume-Couture Levis QC G6V 6P9 418-835-4850 Fax:418-835-5599 www.desjardins.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 829,945,000 987,542,000 542,534,000 54.94 Prop. - Commercial................. 92,096,000 105,774,000 54,570,000 51.59 Prop - Total ............................ 922,041,000 1,093,316,000 597,104,000 54.61 Auto. - Liability........................ 751,674,000 844,253,000 452,004,000 53.54 279,655,000 386,690,000 320,754,000 82.95 Auto. - Pers. Acc..................... Auto. - Other............................ 518,519,000 561,622,000 460,303,000 81.96 Auto - Total ............................. 1,549,848,000 1,792,565,000 1,233,061,000 68.79 Boiler/Mach-excld................... 543,000 –374,000 127,000 –33.96 Fidelity..................................... 3,073,000 3,058,000 1,655,000 54.12 33,948,000 54,744,000 28,198,000 51.51 Liability.................................... Surety...................................... 388,000 439,000 –2,000 –0.46 Marine...................................... 142,000 814,000 –558,000 –68.55 ——————— ——————— ——————— ————— Total 2015............................... 2,509,983,000 2,944,562,000 1,859,585,000 63.15 Total 2014................................ 2,196,398,000 2,132,834,000 1,447,688,000 67.88 Total 2013................................ 2,073,475,000 2,005,440,000 1,316,278,000 65.64 Total 2012................................ 1,944,721,000 1,874,511,000 1,301,960,000 69.46 1,801,808,000 1,708,966,000 1,256,034,000 73.50 Total 2011................................

2015 Direct Premiums Written: +4,091,592,000 Growth: 83.02% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded......................... 1,581,608,000 Net Premiums Written..................... 2,509,983,000 Net Premiums Earned..................... 2,944,562,000 Net Claims & Adj Exp...................... 1,859,585,000 Commissions...................................... –28,763,000 Taxes.................................................. 111,458,000 General Expenses.............................. 711,912,000 Undwrwtg. Profit/Loss....................... 280,935,000 Investment Income............................. 218,859,000

Underwriting Result

2015: +$280,935,000 2012: +$105,801,000

Growth Rate (NPW)................................... 14.28 % of Market (NPW)..................................... 5.59 Earned Loss Ratio..................................... 63.15 Total Expense Ratio.................................. 26.99 Combined Loss & Exp. Ratio.................... 90.14 Return on Equity....................................... 17.00

2014: +$81,957,000 2011: +$28,651,000

2013: +$163,597,000

ECONOMICAL INSURANCE ECONOMICAL MUTUAL INSURANCE COMPANY THE MISSISQUOI INSURANCE COMPANY WATERLOO INSURANCE COMPANY PERTH INSURANCE COMPANY FEDERATION INSURANCE COMPANY OF CANADA

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 355,564,000 344,588,000 178,554,000 51.82 Prop. - Commercial................. 308,090,000 317,096,000 220,304,000 69.48 Prop - Total ............................ 663,654,000 661,684,000 398,858,000 60.28 Auto. - Liability........................ 510,688,000 495,501,000 261,631,000 52.80 Auto. - Pers. Acc..................... 219,979,000 216,562,000 211,441,000 97.64 Auto. - Other............................ 379,402,000 366,502,000 255,512,000 69.72 Auto - Total ............................. 1,110,069,000 1,078,565,000 728,584,000 67.55 Boiler/Mach-excld................... –1,000 –13,000 –1,000 7.69 Fidelity..................................... 2,222,000 2,299,000 377,000 16.40 Liability.................................... 157,903,000 161,646,000 94,972,000 58.75 Surety...................................... 1,505,000 1,474,000 148,000 10.04 ——————— ——————— ——————— ————— Total 2015............................... 1,935,352,000 1,905,655,000 1,222,938,000 64.17 Total 2014................................ 1,877,801,000 1,845,282,000 1,297,274,000 70.30 Total 2013................................ 1,803,586,000 1,769,195,000 1,180,063,000 66.70 Total 2012................................ 1,723,656,000 1,666,018,000 1,018,448,000 61.13 Total 2011................................ 1,630,836,000 1,615,100,000 1,067,016,000 66.07

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B-C Karen Gavan, President & Chief Executive Officer 111 Westmount Rd. S. Waterloo ON N2J 4S4 519-570-8500 Fax:519-570-8389 www.economicalinsurance.com

O ea

2015 Direct Premiums Written: +2,003,976,000 Growth: 2.31% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 4,411,000 Reinsurance Ceded.............................. 73,035,000 Net Premiums Written..................... 1,935,352,000 Net Premiums Earned..................... 1,905,655,000 Net Claims & Adj Exp...................... 1,222,938,000 Commissions...................................... 363,688,000 Taxes.................................................... 66,715,000 General Expenses.............................. 231,638,000 Undwrwtg. Profit/Loss......................... 47,335,000 Investment Income............................. 176,591,000

W O

Growth Rate (NPW)..................................... 3.06 % of Market (NPW)..................................... 4.31 Earned Loss Ratio..................................... 64.17 Total Expense Ratio.................................. 34.74 Combined Loss & Exp. Ratio.................... 98.91 Return on Equity....................................... 10.17

Underwriting Result

2015: +$47,335,000 2014: –$54,437,000 2013: +$6,086,000 2012: +$69,983,000 2011: –$8,142,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

Th In lim an

We believe actions speak louder than words. Our customers agree. Our knowledgeable and caring claims professionals are some of the best in the business, consistently earning kudos from 9 out of 10 customers in post-claim surveys for the past decade. Don’t just take our word for it. See what our customers have to say. economicalinsurance.com/stories

property

auto

business

The Economical brand includes the following property and casualty insurance companies: Economical Mutual Insurance Company, Perth Insurance Company, Waterloo Insurance Company, The Missisquoi Insurance Company. ©2016 Economical Insurance. All rights reserved. All Economical intellectual property, including but not limited to Economical® and related trademarks, names and logos are the property of Economical Mutual Insurance Company and/or its subsidiaries and/or affiliates and are registered and/or used in Canada. All other intellectual property is the property of their respective owners. CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

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2016-06-06 3:35 PM

ECHELON INSURANCE

B-C Serge Lavoie, Chief Executive Officer 2680 Matheson Blvd E Suite 300 Mississauga ON L4W 0A5 905-214-7880 Fax:905-214-7883 www.echelon-insurance.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 15,737,000 15,357,000 11,643,000 75.82 Prop. - Commercial................. 6,556,000 6,697,000 1,399,000 20.89 Prop - Total ............................ 22,293,000 22,054,000 13,042,000 59.14 Auto. - Liability........................ 59,009,000 59,089,000 28,318,000 47.92 Auto. - Pers. Acc..................... 31,270,000 30,197,000 25,484,000 84.39 Auto. - Other............................ 31,745,000 28,739,000 21,718,000 75.57 Auto - Total ............................. 122,024,000 118,025,000 75,520,000 63.99 Credit....................................... –99,000 Legal Expense......................... 484,000 501,000 221,000 44.11 Liability.................................... 5,484,000 5,682,000 2,649,000 46.62 Surety...................................... 89,000 198,000 Accident & Sickness................ 259,000 308,000 –697,000 –226.30 ——————— ——————— ——————— ————— Total 2015............................... 150,633,000 146,669,000 90,735,000 61.86 Total 2014................................ 156,328,000 150,070,000 86,709,000 57.78 Total 2013................................ 157,008,000 155,840,000 106,551,000 68.37 Total 2012................................ 166,409,000 162,838,000 106,856,000 65.62 Total 2011................................ 152,585,000 147,378,000 97,754,000 66.33

2015 Direct Premiums Written: +163,392,000 Growth: –1.59% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. 440,000 Reinsurance Ceded.............................. 13,199,000 Net Premiums Written........................ 150,633,000 Net Premiums Earned........................ 146,669,000 Net Claims & Adj Exp........................... 90,735,000 Commissions........................................ 25,443,000 Taxes...................................................... 5,254,000 General Expenses................................ 25,311,000 Undwrwtg. Profit/Loss........................... 2,163,000 Investment Income................................. 7,580,000

Growth Rate (NPW)................................... –3.64 % of Market (NPW)..................................... 0.34 Earned Loss Ratio..................................... 61.86 Total Expense Ratio.................................. 38.19 Combined Loss & Exp. Ratio.................. 100.05 Return on Equity......................................... 7.50

Underwriting Result

2015: +$2,163,000 2014: +$2,456,000 2013: –$1,005,000 2012: +$5,192,000 2011: +$5,208,000

ELECTRIC INSURANCE COMPANY

D-US

J Brian Reeve, Contact 2100-40 King St W Toronto ON M5H 3C2

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 136,000 136,000 690,000 507.35 136,000 136,000 690,000 507.35 Auto - Total ............................. Liability.................................... 2,484,000 2,484,000 –1,897,000 –76.37 ——————— ——————— ——————— ————— Total 2015............................... 2,620,000 2,620,000 –1,207,000 –46.07

2015 Direct Premiums Written: +10,203,000 Growth: 0.00% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. –19,000 Reinsurance Ceded................................ 7,564,000 Net Premiums Written............................ 2,620,000 Net Premiums Earned............................ 2,620,000 Net Claims & Adj Exp........................... –1,207,000 Commissions.......................................................... Taxes......................................................... 370,000 General Expenses..................................... 713,000 Undwrwtg. Profit/Loss........................... 2,744,000 Investment Income................................. 1,242,000

Growth Rate (NPW)..................................... 0.00 % of Market (NPW)..................................... 0.01 Earned Loss Ratio................................... –46.07 Total Expense Ratio.................................. 41.34 Combined Loss & Exp. Ratio.................... –4.73 Return on Equity......................................... 4.78

Underwriting Result

2015: +$2,744,000

LE GROUPE ESTRIE-RICHELIEU COMPAGNIE D’ASSURANCE D-C Stephane Bibeau, Président 770 Rue Principale Granby QC J2G 2Y7 450-378-0101 Fax:450-378-5189 www.estrierichelieu.com info@estrierichelieu.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 8,996,000 8,901,000 2,804,000 31.50 Prop. - Commercial................. 22,061,000 21,233,000 11,862,000 55.87 Prop - Total ............................ 31,057,000 30,134,000 14,666,000 48.67 Auto. - Liability........................ 368,000 334,000 181,000 54.19 Auto. - Pers. Acc..................... 20,000 19,000 Auto. - Other............................ 672,000 613,000 595,000 97.06 Auto - Total ............................. 1,060,000 966,000 776,000 80.33 Boiler/Mach-excld................... 325,000 314,000 61,000 19.43 Liability.................................... 4,113,000 3,988,000 527,000 13.21 ——————— ——————— ——————— ————— Total 2015............................... 36,555,000 35,402,000 16,030,000 45.28 Total 2014................................ 33,838,000 32,953,000 19,170,000 58.17 Total 2013................................ 32,025,000 31,612,000 21,386,000 67.65 Total 2012................................ 32,735,000 34,956,000 19,857,000 56.81 Total 2011................................ 36,278,000 35,936,000 21,459,000 59.71

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2015 Direct Premiums Written: +48,360,000 Growth: 3.79% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 11,805,000 Net Premiums Written.......................... 36,555,000 Net Premiums Earned.......................... 35,402,000 Net Claims & Adj Exp........................... 16,030,000 Commissions.......................................... 7,062,000 Taxes...................................................................... General Expenses.................................. 4,796,000 Undwrwtg. Profit/Loss........................... 7,514,000 Investment Income................................. 3,620,000

Growth Rate (NPW)..................................... 8.03 % of Market (NPW)..................................... 0.08 Earned Loss Ratio..................................... 45.28 Total Expense Ratio.................................. 33.50 Combined Loss & Exp. Ratio.................... 78.78 Return on Equity....................................... 11.44

Underwriting Result

2015: +$7,514,000 2014: +$2,156,000 2013: –$542,000 2012: +$3,622,000 2011: +$2,707,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-08 12:28 PM

EULER HERMES NORTH AMERICA INSURANCE COMPANY David Dienesch, CEO and Chief Agent

D-US

1155 Blvd. Rene-Levesque West, Suite 2810 Montréal QC H3B 2L2 514-876-9656 Fax:514-876-9658 www.eulerhermes.ca david.dienesch@eulerhermes.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Credit....................................... 13,430,000 11,746,000 11,488,000 97.80 ——————— ——————— ——————— ————— Total 2015............................... 13,430,000 11,746,000 11,488,000 97.80 Total 2014................................ 16,814,000 11,805,000 6,939,000 58.78 Total 2013................................ 9,751,000 9,447,000 5,500,000 58.22 Total 2012................................ 12,252,000 11,093,000 3,291,000 29.67 Total 2011................................ 11,980,000 11,673,000 5,494,000 47.07

2015 Direct Premiums Written: +47,879,000 Growth: 4.11% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 34,449,000 Net Premiums Written.......................... 13,430,000 Net Premiums Earned.......................... 11,746,000 Net Claims & Adj Exp........................... 11,488,000 Commissions.........................................-6,462,000 Taxes...................................................... 1,709,000 General Expenses.................................. 7,997,000 Undwrwtg. Profit/Loss............................ –833,000 Investment Income................................. 1,252,000

Growth Rate (NPW)................................. –20.13 % of Market (NPW)..................................... 0.03 Earned Loss Ratio..................................... 97.80 Total Expense Ratio.................................. 27.62 Combined Loss & Exp. Ratio.................. 125.42 Return on Equity......................................... 1.48

Underwriting Result

2015: –$833,000 2014: +$2,048,000 2013: +$603,000 2012: +$4,551,000 2011: –$616,000

EVEREST INSURANCE COMPANY OF CANADA/ LA COMPAGNIE D’ASSURANCE David Crozier, Chief Executive Officer/President EVEREST DU CANADA The Exchange Tower

B-C

130 King St W Suite 2620 Toronto ON M5X 1E3 416-487-3900 Fax:416-487-0311 www.everestcanada.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2015 Direct Premiums Written: +74,823,000

Growth: 39.36%

2015 Underwriting Performance Summary Prop. - Commercial................. 5,699,000 3,645,000 2,883,000 79.09 Prop - Total ............................ 5,699,000 3,645,000 2,883,000 79.09 % Auto. - Liability........................ 49,000 184,000 –449,000 –244.02 Reinsurance Assumed........................................... Growth Rate (NPW)................................. 109.09 Auto - Total ............................. 49,000 184,000 –449,000 –244.02 Reinsurance Ceded.............................. 59,179,000 % of Market (NPW)..................................... 0.03 Boiler/Mach-excld................... 9,730,000 0.00 Net Premiums Written.......................... 15,644,000 Earned Loss Ratio..................................... 63.02 Liability.................................... 7,852,000 4,665,000 59.41 Net Premiums Earned.......................... 11,762,000 Total Expense Ratio.................................. 27.06 Surety...................................... 27,000 16,000 8,000 50.00 Net Claims & Adj Exp............................. 7,412,000 Combined Loss & Exp. Ratio.................... 90.08 Accident & Sickness................ 139,000 65,000 305,000 469.23 Commissions........................................ –7,225,000 Return on Equity......................................... 3.32 ——————— ——————— ——————— ————— Taxes...................................................... 2,105,000 Total 2015............................... 15,644,000 11,762,000 7,412,000 63.02 General Expenses.................................. 8,303,000 Total 2014................................ 7,482,000 5,685,000 5,901,000 103.80 Undwrwtg. Profit/Loss........................... 1,167,000 Total 2013................................ 4,774,000 4,339,000 5,330,000 122.84 Investment Income................................. 1,360,000 Total 2012................................ 4,401,000 4,520,000 4,232,000 93.63 Underwriting Result Total 2011................................ 4,817,000 2,134,000 1,622,000 76.01 2015: +$1,167,000 2014: –$4,262,000 2013: –$9,498,000 2012: –$6,045,000 2011: –$1,961,000

FACTORY MUTUAL INSURANCE COMPANY

D-US

Kenneth V Lavigne, Chief Agent 165 Commerce Valley Dr. W., Suite 500 Thornhill ON L3T 7V8 905-763-5555 Fax:905-763-5556 fmglobal.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 173,347,000 175,793,000 230,057,000 130.87 Prop - Total ............................ 173,347,000 175,793,000 230,057,000 130.87 Boiler/Mach-excld................... 59,012,000 49,194,000 27,062,000 55.01 ——————— ——————— ——————— ————— Total 2015............................... 232,359,000 224,987,000 257,119,000 114.28 Total 2014................................ 195,745,000 201,880,000 224,681,000 111.29 Total 2013................................ 234,019,000 228,137,000 92,500,000 40.55 Total 2012................................ 241,168,000 250,205,000 124,241,000 49.66 Total 2011................................ 239,090,000 238,077,000 195,923,000 82.29

2015 Direct Premiums Written: +257,527,000 Growth: 4.64% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. 774,000 Reinsurance Ceded............................ 104,494,000 Net Premiums Written........................ 232,359,000 Net Premiums Earned........................ 224,987,000 Net Claims & Adj Exp......................... 257,119,000 Commissions...................................... –16,374,000 Taxes.................................................... 12,429,000 General Expenses................................ 47,265,000 Undwrwtg. Profit/Loss....................... –75,452,000 Investment Income............................... 42,649,000

Underwriting Result

Growth Rate (NPW)................................... 18.70 % of Market (NPW)..................................... 0.52 Earned Loss Ratio................................... 114.28 Total Expense Ratio.................................. 19.25 Combined Loss & Exp. Ratio.................. 133.53 Return on Equity....................................... –0.40

2015: –$75,452,000 2014: –$63,623,000 2012: +$80,880,000 2011: –$4,224,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 77

2013: +$92,549,000

2016-06-06 3:35 PM

FCT B-C 2235 Sheridan Garden Dr. Oakville ON L6J 7Y5 905-287-1000 Fax:905-287-2400 www.fct.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Other Apprvd. Prod................. 1,497,000 1,497,000 6,277,000 419.31 Title.......................................... 143,257,000 143,257,000 40,017,000 27.93 ——————— ——————— ——————— ————— Total 2015............................... 144,754,000 144,754,000 46,294,000 31.98 Total 2014................................ 131,629,000 131,629,000 42,586,000 32.35 Total 2013................................ 128,154,000 128,154,000 24,716,000 19.29 Total 2012................................ 129,791,000 129,791,000 39,866,000 30.72 Total 2011................................ 169,145,000 169,145,000 60,694,000 35.88

2015 Direct Premiums Written: +150,436,000 Growth: 10.29% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 1,167,000 Net Premiums Written........................ 144,754,000 Net Premiums Earned........................ 144,754,000 Net Claims & Adj Exp........................... 46,294,000 Commissions............................................. 271,000 Taxes...................................................... 4,816,000 General Expenses................................ 76,440,000 Undwrwtg. Profit/Loss......................... 16,933,000 Investment Income................................. 4,499,000

Growth Rate (NPW)..................................... 9.97 % of Market (NPW)..................................... 0.32 Earned Loss Ratio..................................... 31.98 Total Expense Ratio.................................. 56.32 Combined Loss & Exp. Ratio.................... 88.30 Return on Equity....................................... 22.19

Underwriting Result

2015: +$16,933,000 2014: +$10,578,000 2012: +$13,094,000 2011: +$31,649,000

2013: +$28,510,000

FEDERAL INSURANCE COMPANY

B-US

Ellen J. Moore, Chief Agent In Canada 199 Bay St Suite 2500 PO Box 139 Commerce Court Toronto ON M5L 1E2 416-863-0550 Fax:416-863-3144 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... –76,000 –69,000 –46,000 66.67 Prop. - Commercial................. 4,302,000 3,836,000 –73,000 –1.90 Prop - Total ............................ 4,226,000 3,767,000 –119,000 –3.16 Auto. - Liability........................ 1,599,000 1,663,000 1,598,000 96.09 Auto. - Pers. Acc..................... 82,000 87,000 –28,000 –32.18 Auto. - Other............................ 340,000 328,000 103,000 31.40 Auto - Total ............................. 2,021,000 2,078,000 1,673,000 80.51 Boiler/Mach-excld................... 463,000 405,000 16,000 3.95 Credit....................................... –1,000 –4,000 4,000 –100.00 Fidelity..................................... 376,000 352,000 1,567,000 445.17 Liability.................................... 8,461,000 7,549,000 8,052,000 106.66 Surety...................................... –593,000 1,083,000 –86,000 –7.94 Marine...................................... –3,000 0.00 Accident & Sickness................ 100,000 104,000 18,000 17.31 ——————— ——————— ——————— ————— Total 2015............................... 15,053,000 15,334,000 11,122,000 72.53 Total 2014................................ 12,844,000 13,485,000 6,176,000 45.80 Total 2013................................ 10,870,000 12,268,000 2,943,000 23.99 Total 2012................................ 12,807,000 15,756,000 2,638,000 16.74 Total 2011................................ 14,026,000 14,336,000 6,395,000 44.61

2015 Direct Premiums Written: +710,000 Growth: –18.39% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 10,166,000 Net Premiums Written.......................... 15,053,000 Net Premiums Earned.......................... 15,334,000 Net Claims & Adj Exp........................... 11,122,000 Commissions.......................................... 1,015,000 Taxes........................................................... 24,000 General Expenses.................................. 4,049,000 Undwrwtg. Profit/Loss............................ –876,000 Investment Income................................. 2,170,000

Growth Rate (NPW)................................... 17.20 % of Market (NPW)..................................... 0.03 Earned Loss Ratio..................................... 72.53 Total Expense Ratio.................................. 33.18 Combined Loss & Exp. Ratio.................. 105.71 Return on Equity....................................... –3.61

Underwriting Result

2015: –$876,000 2014: +$3,088,000 2013: +$5,356,000 2012: +$6,696,000 2011: +$266,000

FUNDY MUTUAL INSURANCE COMPANY

D-C

Jim Wilson, Chief Executive Officer 1022 Main St Sussex NB E2E 2M3 506-432-1535 Fax:506-433-6788 www.fundymutual.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 2,823,000 2,740,000 1,934,000 70.58 Prop - Total ............................ 2,823,000 2,740,000 1,934,000 70.58 Liability.................................... 51,000 54,000 –27,000 –50.00 ——————— ——————— ——————— ————— Total 2015............................... 2,874,000 2,794,000 1,907,000 68.25 Total 2014................................ 2,753,000 2,657,000 1,594,000 59.99 Total 2013................................ 2,403,000 2,368,000 1,007,000 42.53 Total 2012................................ 2,400,000 2,327,000 869,000 37.34 Total 2011................................ 2,306,000 2,249,000 1,141,000 50.73

2015 Direct Premiums Written: +3,758,000 Growth: 3.58% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................... 884,000 Net Premiums Written............................ 2,874,000 Net Premiums Earned............................ 2,794,000 Net Claims & Adj Exp............................. 1,907,000 Commissions............................................. 643,000 Taxes......................................................... 132,000 General Expenses.................................. 1,336,000 Undwrwtg. Profit/Loss......................... –1,168,000 Investment Income.................................... –26,000

Growth Rate (NPW)..................................... 4.40 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 68.25 Total Expense Ratio.................................. 75.55 Combined Loss & Exp. Ratio.................. 143.80 Return on Equity....................................... –7.26

Underwriting Result

2015: –$1,168,000 2014: –$1,076,000 2013: –$742,000 2012: –$550,000 2011: –$702,000

64-107_2016 Stat Issue Cdn Underwriters.indd 78

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

WICC siz

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WICC size.indd 64-107_2016 Stat1Issue Cdn Underwriters.indd 79

2016-06-01 3:35 4:17 PM 2016-06-06

GORE MUTUAL INSURANCE COMPANY

B-C

Heidi Sevcik, President & Chief Executive Officer 252 Dundas St. N., P.O. Box 70 Cambridge ON N1R 5T3 519-623-1910 Fax:800-601-9773 www.goremutual.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 113,986,000 109,274,000 47,209,000 43.20 Prop. - Commercial................. 38,998,000 37,029,000 21,829,000 58.95 Prop - Total ............................ 152,984,000 146,303,000 69,038,000 47.19 Auto. - Liability........................ 80,503,000 79,350,000 46,061,000 58.05 Auto. - Pers. Acc..................... 57,967,000 56,339,000 51,476,000 91.37 Auto. - Other............................ 38,014,000 37,191,000 30,257,000 81.36 Auto - Total ............................. 176,484,000 172,880,000 127,794,000 73.92 Boiler/Mach-excld................... 1,559,000 1,236,000 103,000 8.33 Liability.................................... 30,396,000 27,598,000 15,571,000 56.42 Accident & Sickness................ 31,000 32,000 ——————— ——————— ——————— ————— Total 2015............................... 361,454,000 348,049,000 212,506,000 61.06 Total 2014................................ 335,156,000 322,427,000 204,412,000 63.40 Total 2013................................ 318,238,000 315,860,000 202,277,000 64.04 Total 2012................................ 315,846,000 305,601,000 198,848,000 65.07 Total 2011................................ 296,142,000 289,389,000 193,176,000 66.75

2015 Direct Premiums Written: +387,416,000 Growth: 6.72% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 25,962,000 Net Premiums Written........................ 361,454,000 Net Premiums Earned........................ 348,049,000 Net Claims & Adj Exp......................... 212,506,000 Commissions........................................ 74,171,000 Taxes.................................................... 12,614,000 General Expenses................................ 42,531,000 Undwrwtg. Profit/Loss......................... 15,710,000 Investment Income............................... 13,451,000

Growth Rate (NPW)..................................... 7.85 % of Market (NPW)..................................... 0.81 Earned Loss Ratio..................................... 61.06 Total Expense Ratio.................................. 37.15 Combined Loss & Exp. Ratio.................... 98.21 Return on Equity......................................... 8.22

Underwriting Result

2015: +$15,710,000 2014: +$9,108,000 2013: +$7,301,000 2012: +$4,939,000 2011: +$3,028,000

GREAT AMERICAN INSURANCE COMPANY

B-F

2100-40 King St W Toronto ON M5H 3C2 416-869-5300 Fax:416-360-8877 www.greatamericaninsurancegroup.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2015 Direct Premiums Written: +48,774,000

Growth: –19.73%

2015 Underwriting Performance Summary Prop. - Commercial................. 17,617,000 19,905,000 11,963,000 60.10 Prop - Total ............................ 17,617,000 19,905,000 11,963,000 60.10 % Auto. - Liability........................ 1,000 1,000 –504,000 –50,400.00 Reinsurance Assumed........................................... Growth Rate (NPW)..................................... 2.28 Auto. - Other............................ 50,000 61,000 Reinsurance Ceded................................ 6,943,000 % of Market (NPW)..................................... 0.09 Auto - Total ............................. 51,000 62,000 –504,000 –812.90 Net Premiums Written.......................... 41,831,000 Earned Loss Ratio..................................... 52.47 Boiler/Mach-excld................... 1,000 0.00 Net Premiums Earned.......................... 42,346,000 Total Expense Ratio.................................. 48.78 Fidelity..................................... 2,263,000 2,208,000 266,000 12.05 Net Claims & Adj Exp........................... 22,221,000 Combined Loss & Exp. Ratio.................. 101.25 Liability.................................... 16,531,000 15,140,000 6,592,000 43.54 Commissions.......................................... 7,213,000 Return on Equity......................................... 2.38 67,000 96,000 12,000 12.50 Surety...................................... Taxes...................................................... 2,798,000 Marine...................................... 5,301,000 4,935,000 3,892,000 78.87 General Expenses................................ 10,647,000 ——————— ——————— ——————— ————— Undwrwtg. Profit/Loss............................ –533,000 Total 2015............................... 41,831,000 42,346,000 22,221,000 52.47 Investment Income................................. 4,732,000 Total 2014................................ 40,900,000 41,124,000 13,119,000 31.90 Underwriting Result Total 2013................................ 41,219,000 40,770,000 12,303,000 30.18 2015: –$533,000 2014: +$8,019,000 2013: +$8,754,000 41,545,000 43,855,000 32,939,000 75.11 Total 2012................................ 2012: –$11,366,000 2011: –$10,311,000 Total 2011................................ 46,810,000 44,998,000 37,147,000 82.55

64-107_2016 Stat Issue Cdn Underwriters.indd 80

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

We’re investing in talented people and new innovative business solutions that stand out from the crowd. Award-winning technology like uBiz reinforces our commitment to brokers, along with our plan to invest more than ever before in our distribution network.

THE INDUSTRY IS changing fast and so are we.

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We’re delivering new products like WaterEscape Plus backed by our unique blend of actuarial science and good old-fashioned underwriting that we call ‘Confident Pricing’. To ensure we continue as a growing, vibrant business well into the future, we’re proud to remain a Canadian mutual with a new modern membership system. It’s an exciting time at Gore Mutual. Stay tuned. We just got started.

2016-06-06 3:35 PM

THE GUARANTEE COMPANY OF NORTH AMERICA B-C Alister Campbell, Chief Executive Officer 4950 Yonge St., Suite 1400 Madison Centre North York ON M2N 6K1 416-223-9580 Fax:416-223-6577 www.theguarantee.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 85,776,000 84,433,000 47,454,000 56.20 Prop. - Commercial................. 9,386,000 9,629,000 1,500,000 15.58 Prop - Total ............................ 95,162,000 94,062,000 48,954,000 52.04 Auto. - Liability........................ 44,539,000 42,607,000 25,243,000 59.25 Auto. - Pers. Acc..................... 19,901,000 21,017,000 17,764,000 84.52 Auto. - Other............................ 22,584,000 22,121,000 14,179,000 64.10 Auto - Total ............................. 87,024,000 85,745,000 57,186,000 66.69 Boiler/Mach-excld................... 17,000 5,000 19,000 380.00 Credit....................................... 2,001,000 1,837,000 363,000 19.76 Fidelity..................................... 14,653,000 14,936,000 2,616,000 17.51 Legal Expense......................... 447,000 717,000 403,000 56.21 Liability.................................... 28,813,000 27,302,000 26,967,000 98.77 Surety...................................... 106,968,000 100,931,000 16,143,000 15.99 Marine...................................... 5,287,000 3,625,000 3,444,000 95.01 Accident & Sickness................ 161,000 755,000 –4,000 –0.53 ——————— ——————— ——————— ————— Total 2015............................... 340,533,000 329,915,000 156,091,000 47.31 Total 2014................................ 314,278,000 303,662,000 189,978,000 62.56 Total 2013................................ 290,599,000 283,931,000 201,791,000 71.07 Total 2012................................ 282,395,000 278,424,000 167,553,000 60.18 Total 2011................................ 273,811,000 274,217,000 174,490,000 63.63

2015 Direct Premiums Written: +382,892,000 Growth: 5.33% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 7,488,000 Reinsurance Ceded............................ 121,955,000 Net Premiums Written........................ 340,533,000 Net Premiums Earned........................ 329,915,000 Net Claims & Adj Exp......................... 156,091,000 Commissions........................................ 82,970,000 Taxes.................................................... 10,904,000 General Expenses................................ 58,671,000 Undwrwtg. Profit/Loss......................... 20,680,000 Investment Income............................... 54,857,000

Growth Rate (NPW)..................................... 8.35 % of Market (NPW)..................................... 0.76 Earned Loss Ratio..................................... 47.31 Total Expense Ratio.................................. 46.24 Combined Loss & Exp. Ratio.................... 93.55 Return on Equity....................................... 11.58

Underwriting Result

2015: +$20,680,000 2014: –$28,319,000 2013: –$35,951,000 2012: –$5,483,000 2011: –$15,985,000

HARTFORD FIRE INSURANCE COMPANY

B-US

Colleen Sexsmith, Chief Agent in Canada 1145 Nicholson Rd Unit 2 Newmarket ON L3Y 9C3 905-853-0858, Ext 222 Fax:905-853-0183 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 30,000 0.00 6,037,000 57.80 Prop. - Commercial................. 11,568,000 10,444,000 Prop - Total ............................ 11,568,000 10,444,000 6,067,000 58.09 Aircraft..................................... –19,000 0.00 Auto. - Liability........................ 814,000 832,000 2,359,000 283.53 Auto. - Pers. Acc..................... 14,000 8,000 1,000 12.50 354,000 –1,159,000 –327.40 Auto. - Other............................ 389,000 1,217,000 1,194,000 1,201,000 100.59 Auto - Total ............................. Boiler/Mach-excld................... –4,000 Fidelity..................................... –9,000 22,000 –3,000 –13.64 Liability.................................... 3,335,000 3,525,000 5,787,000 164.17 –7,000 –3.61 Surety...................................... 262,000 194,000 Marine...................................... 1,000 ——————— ——————— ——————— ————— Total 2015............................... 16,373,000 15,376,000 13,026,000 84.72 14,414,000 14,142,000 12,182,000 86.14 Total 2014................................ Total 2013................................ 12,247,000 13,009,000 3,557,000 27.34 Total 2012................................ 11,793,000 12,687,000 7,971,000 62.83 Total 2011................................ 12,668,000 12,894,000 5,625,000 43.62

2015 Direct Premiums Written: +17,777,000 Growth: 10.73% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. 327,000 Reinsurance Ceded................................ 1,731,000 Net Premiums Written.......................... 16,373,000 Net Premiums Earned.......................... 15,376,000 Net Claims & Adj Exp........................... 13,026,000 Commissions............................................. 964,000 Taxes......................................................... 483,000 General Expenses.................................. 3,478,000 Undwrwtg. Profit/Loss......................... –2,575,000 Investment Income................................. 3,047,000

Growth Rate (NPW)................................... 13.59 % of Market (NPW)..................................... 0.04 Earned Loss Ratio..................................... 84.72 Total Expense Ratio.................................. 32.03 Combined Loss & Exp. Ratio.................. 116.75 Return on Equity................................................

Underwriting Result

2015: –$2,575,000 2014: –$2,066,000 2013: +$5,734,000 2012: –$48,000 2011: +$3,734,000

HEARTLAND FARM MUTUAL

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 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 29,131,000 27,657,000 12,496,000 45.18 7,026,000 38.91 Prop. - Commercial................. 19,193,000 18,058,000 Prop - Total ............................ 48,324,000 45,715,000 19,522,000 42.70 Auto. - Liability........................ 12,609,000 12,506,000 7,651,000 61.18 Auto. - Pers. Acc..................... 9,101,000 9,180,000 11,452,000 124.75 Auto. - Other............................ 13,266,000 12,957,000 5,940,000 45.84 Auto - Total ............................. 34,976,000 34,643,000 25,043,000 72.29 Boiler/Mach-excld................... 2,000 0.00 Hail.......................................... 135,000 135,000 Liability.................................... 6,006,000 5,673,000 1,707,000 30.09 Accident & Sickness................ 5,000 5,000 8,000 160.00 ——————— ——————— ——————— ————— Total 2015............................... 89,446,000 86,171,000 46,282,000 53.71 Total 2014................................ 83,881,000 81,145,000 53,519,000 65.95 Total 2013................................ 77,979,000 74,949,000 41,378,000 55.21 Total 2012................................ 74,375,000 72,592,000 39,838,000 54.88 Total 2011................................ 70,695,000 65,525,000 39,216,000 59.85

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2015 Direct Premiums Written: +100,656,000 Growth: 7.25% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 11,210,000 Net Premiums Written.......................... 89,446,000 Net Premiums Earned.......................... 86,171,000 Net Claims & Adj Exp........................... 46,282,000 Commissions........................................ 19,565,000 Taxes...................................................... 2,837,000 General Expenses................................ 12,742,000 Undwrwtg. Profit/Loss........................... 6,162,000 Investment Income................................. 2,422,000

Growth Rate (NPW)..................................... 6.63 % of Market (NPW)..................................... 0.20 Earned Loss Ratio..................................... 53.71 Total Expense Ratio.................................. 40.78 Combined Loss & Exp. Ratio.................... 94.49 Return on Equity....................................... 10.81

Underwriting Result

2015: +$6,162,000 2014: –$2,741,000 2013: +$5,249,000 2012: +$5,929,000 2011: +$2,641,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

CANADIAN UNDERWRITER STATISTICALâ&#x20AC;&#x2C6;ISSUE 2016

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2016-06-06 3:35 PM

INDUSTRIELLE ALLIANCE COMPAGNIE D’ASSURANCES GENERALES

D-C

Michel Laurin, President et chef de l’exploitation 925 Chemin St.-Louis, Suite 230 Quebec QC G1S 1C1 418-650-4601 Fax:418-650-4637 www.inalco.com serviceclient@iaah.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 98,213,000 93,935,000 61,258,000 65.21 Prop - Total ............................ 98,213,000 93,935,000 61,258,000 65.21 Auto. - Liability........................ 62,521,000 60,184,000 25,463,000 42.31 Auto. - Pers. Acc..................... 1,897,000 1,839,000 183,000 9.95 Auto. - Other............................ 74,521,000 74,482,000 74,195,000 99.61 Auto - Total ............................. 138,939,000 136,505,000 99,841,000 73.14 Liability.................................... 67,000 39,000 58.21 ——————— ——————— ——————— ————— Total 2015............................... 237,152,000 230,507,000 161,138,000 69.91 Total 2014................................ 222,420,000 215,735,000 146,986,000 68.13 Total 2013................................ 156,188,000 209,135,000 139,275,000 66.60 Total 2012................................ 271,618,000 222,768,000 117,458,000 52.73 Total 2011................................ 218,527,000 181,846,000 105,282,000 57.90

2015 Direct Premiums Written: +238,359,000 Growth: 7.16% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 1,207,000 Net Premiums Written........................ 237,152,000 Net Premiums Earned........................ 230,507,000 Net Claims & Adj Exp......................... 161,138,000 Commissions.......................................... 5,200,000 Taxes...................................................... 9,095,000 General Expenses................................ 60,434,000 Undwrwtg. Profit/Loss......................... –5,360,000 Investment Income................................. 2,065,000

Growth Rate (NPW)..................................... 6.62 % of Market (NPW)..................................... 0.53 Earned Loss Ratio..................................... 69.91 Total Expense Ratio.................................. 32.42 Combined Loss & Exp. Ratio.................. 102.33 Return on Equity....................................... –5.99

Underwriting Result

2015: –$5,360,000 2014: +$2,941,000 2013: –$3,719,000 2012: +$8,214,000 2011: +$4,362,000

INTACT FINANCIAL CORPORATION INTACT INSURANCE NOVEX NORDIC BELAIRDIRECT TRAFALGAR INTACT FARM JEVCO METRO

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,775,092,000 1,708,194,000 890,358,000 52.12 949,345,000 930,836,000 523,850,000 56.28 Prop. - Commercial................. Prop - Total ............................ 2,724,437,000 2,639,030,000 1,414,208,000 53.59 Aircraft..................................... –145,000 –145,000 –99,000 68.28 Auto. - Liability........................ 2,058,211,000 2,005,285,000 1,343,276,000 66.99 Auto. - Pers. Acc..................... 721,528,000 691,260,000 565,634,000 81.83 1,462,714,000 1,426,741,000 1,045,416,000 73.27 Auto. - Other............................ Auto - Total ............................. 4,242,453,000 4,123,286,000 2,954,326,000 71.65 Boiler/Mach-excld................... 42,549,000 41,843,000 8,107,000 19.37 Fidelity..................................... 1,523,000 1,517,000 575,000 37.90 Hail.......................................... 111,000 130,000 –4,000 –3.08 6,097,000 5,837,000 6,106,000 104.61 Legal Expense......................... Liability.................................... 295,497,000 292,340,000 129,991,000 44.47 Surety...................................... 93,293,000 92,449,000 19,101,000 20.66 Marine...................................... 26,918,000 27,150,000 15,677,000 57.74 Accident & Sickness................ 8,000 0.00 ——————— ——————— ——————— ————— Total 2015............................... 7,432,733,000 7,223,437,000 4,547,996,000 62.96 Total 2014................................ 6,875,276,000 6,900,072,000 4,478,159,000 64.90 Total 2013................................ 6,790,103,000 6,711,840,000 4,478,826,000 66.73 Total 2012................................ 6,290,072,000 6,242,659,000 3,881,221,000 62.17 Total 2011................................ 4,340,614,000 4,334,138,000 2,880,688,000 66.47

B-C

Charles Brindamour, President & C.E.O. 700 University Ave., 15th Floor Toronto ON M5G 0A1 416-341-1464 Fax:416-941-5320 www.intactfc.com

2015 Direct Premiums Written: +7,892,428,000 Growth: 7.70% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. 876,000 Reinsurance Ceded............................ 460,571,000 Net Premiums Written..................... 7,432,733,000 Net Premiums Earned..................... 7,223,437,000 Net Claims & Adj Exp...................... 4,547,996,000 Commissions................................... 1,188,235,000 Taxes.................................................. 260,339,000 General Expenses.............................. 864,722,000 Undwrwtg. Profit/Loss....................... 461,242,000 Investment Income............................. 253,661,000

Underwriting Result

2015: +$461,242,000 2012: +$407,168,000

Growth Rate (NPW)..................................... 8.11 % of Market (NPW)................................... 16.57 Earned Loss Ratio..................................... 62.96 Total Expense Ratio.................................. 32.02 Combined Loss & Exp. Ratio.................... 94.98 Return on Equity....................................... 11.15

2014: +$334,084,000 2011: +$124,127,000

2013: +$135,928,000

THE KINGS MUTUAL INSURANCE COMPANY

B-C

Daniel R. Lister, CPA, CA, President & Chief Executive Officer P.O. Box 10 Berwick NS B0P 1E0 902-538-3187 Fax:902-538-7271 www.kingsmutual.ns.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 6,848,000 6,661,000 3,909,000 58.68 Prop. - Commercial................. 166,000 166,000 262,000 157.83 Prop - Total ............................ 7,014,000 6,827,000 4,171,000 61.10 Liability.................................... 950,000 963,000 1,170,000 121.50 ——————— ——————— ——————— ————— Total 2015............................... 7,964,000 7,790,000 5,341,000 68.56 Total 2014................................ 7,460,000 7,190,000 3,171,000 44.10 Total 2013................................ 6,992,000 6,850,000 2,429,000 35.46 Total 2012................................ 6,573,000 6,487,000 2,278,000 35.12 Total 2011................................ 6,371,000 6,169,000 1,495,000 24.23

2015 Direct Premiums Written: +8,899,000 Growth: 5.00% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................... 935,000 Net Premiums Written............................ 7,964,000 Net Premiums Earned............................ 7,790,000 Net Claims & Adj Exp............................. 5,341,000 Commissions.......................................... 1,567,000 Taxes......................................................... 301,000 General Expenses.................................. 3,015,000 Undwrwtg. Profit/Loss......................... –2,336,000 Investment Income................................. 2,436,000

Growth Rate (NPW)..................................... 6.76 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 68.56 Total Expense Ratio.................................. 62.68 Combined Loss & Exp. Ratio.................. 131.24 Return on Equity......................................... 0.47

Underwriting Result

2015: –$2,336,000 2014: –$862,000 2013: –$496,000 2012: –$682,000 2011: –$369,000

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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

LAWYERS’ PROFESSIONAL INDEMNITY COMPANY D-C Iveri Vv Boudville, Contact 250 Yonge St Suite 3101 Toronto ON M5B 2L7 416-598-5831

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Liability.................................... 114,724,000 114,633,000 75,635,000 65.98 Title.......................................... 6,037,000 6,037,000 5,110,000 84.64 ——————— ——————— ——————— ————— Total 2015............................... 120,761,000 120,670,000 80,745,000 66.91 Total 2014................................ 114,920,000 114,900,000 99,585,000 86.67 Total 2013................................ 106,510,000 106,484,000 96,703,000 90.81 Total 2012................................ 104,777,000 104,717,000 106,106,000 101.33 Total 2011................................ 109,784,000 109,691,000 100,989,000 92.07

2015 Direct Premiums Written: +127,842,000 Growth: 4.66% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 7,081,000 Net Premiums Written........................ 120,761,000 Net Premiums Earned........................ 120,670,000 Net Claims & Adj Exp........................... 80,745,000 Commissions........................................ –1,828,000 Taxes...................................................... 3,836,000 General Expenses................................ 17,999,000 Undwrwtg. Profit/Loss......................... 19,918,000 Investment Income............................... 18,541,000

Growth Rate (NPW)..................................... 5.08 % of Market (NPW)..................................... 0.27 Earned Loss Ratio..................................... 66.91 Total Expense Ratio.................................. 16.58 Combined Loss & Exp. Ratio.................... 83.49 Return on Equity....................................... 12.74

Underwriting Result

2015: +$19,918,000 2014: –$3,501,000 2013: +$1,854,000 2012: –$18,331,000 2011: –$9,783,000

LEGACY GENERAL INSURANCE COMPANY

D-C

Isaac Sananes, B.A., A.L.H.C., President & C.E.O. 80 Tiverton Court, 5th Floor Markham ON L3R 0G4 905-948-2103 Fax:905-479-3224 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... –106,000 0.00 Prop - Total ............................ 0 0 –106,000 Credit Protection..................... –2,000 0.00 Accident & Sickness................ 9,127,000 5,182,000 1,866,000 36.01 ——————— ——————— ——————— ————— Total 2015............................... 9,127,000 5,182,000 1,758,000 33.93 Total 2014................................ 9,969,000 8,306,000 2,296,000 27.64 10,929,000 8,007,000 3,815,000 47.65 Total 2013................................ Total 2012................................ 12,082,000 9,718,000 2,687,000 27.65 Total 2011................................ 13,893,000 11,381,000 5,596,000 49.17

2015 Direct Premiums Written: +11,002,000 Growth: –14.57% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 3,015,000 Reinsurance Ceded................................ 4,890,000 Net Premiums Written............................ 9,127,000 Net Premiums Earned............................ 5,182,000 Net Claims & Adj Exp............................. 1,758,000 Commissions.......................................... 1,852,000 Taxes...................................................................... General Expenses.................................. 2,334,000 Undwrwtg. Profit/Loss............................ –762,000 Investment Income.................................... 569,000

Growth Rate (NPW)................................... –8.45 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 33.93 Total Expense Ratio.................................. 80.78 Combined Loss & Exp. Ratio.................. 114.71

Underwriting Result

2015: –$762,000 2014: +$1,419,000 2013: –$513,000 2012: +$2,204,000 2011: +$2,000

LLOYD’S UNDERWRITERS Lloyd’s Underwriters is not a company. The Canadian Business of Members of the Society of Lloyd’s is federally regulated and they are licensed to transact most classes of P&C insurance in all provinces and territories.

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 208,054,000 178,393,000 68,480,000 38.39 Prop. - Commercial................. 1,093,530,000 1,060,867,000 460,370,000 43.40 Prop - Total ............................ 1,301,584,000 1,239,260,000 528,850,000 42.67 Aircraft..................................... 89,523,000 94,867,000 74,004,000 78.01 Auto. - Liability........................ 16,404,000 14,204,000 8,742,000 61.55 Auto. - Pers. Acc..................... 2,958,000 2,465,000 4,628,000 187.75 Auto. - Other............................ 38,361,000 34,742,000 29,429,000 84.71 57,723,000 51,411,000 42,799,000 83.25 Auto - Total ............................. Boiler/Mach-excld................... 70,593,000 54,010,000 98,484,000 182.34 Boiler/Mach-equip................... 8,012,000 6,304,000 4,048,000 64.21 8,714,000 7,011,000 2,292,000 32.69 Credit....................................... Fidelity..................................... 17,415,000 17,437,000 –29,982,000 –171.94 4,164,000 4,258,000 5,949,000 139.71 Hail.......................................... Legal Expense......................... 2,407,000 2,184,000 562,000 25.73 Liability.................................... 1,347,233,000 1,245,427,000 839,734,000 67.43 47,304,000 36,339,000 38,806,000 106.79 Surety...................................... Marine...................................... 52,065,000 54,798,000 16,129,000 29.43 Accident & Sickness................ 71,024,000 74,851,000 21,630,000 28.90 ——————— ——————— ——————— ————— Total 2015............................... 3,077,761,000 2,888,157,000 1,643,305,000 56.90 Total 2014................................ 2,594,228,000 2,435,418,000 1,434,258,000 58.89 Total 2013................................ 2,396,862,000 2,319,337,000 1,369,392,000 59.04 Total 2012................................ 2,093,962,000 2,051,838,000 1,042,907,000 50.83 Total 2011................................ 2,206,620,000 2,206,620,000 1,397,802,000 63.35 CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 85

B-UK Sean Murphy, President, Lloyd’s Canada; Attorney In Fact, Lloyd’s Underwriters 1155 Rue Metcalfe, Suite 2220 Montreal QC H3B 2V6 514-861-8361 Fax:514-861-0470 www.lloyds.com info@lloyds.ca

2015 Direct Premiums Written: +2,590,592,000 Growth: 21.94% 2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 384,531,000 Reinsurance Ceded................................................ Net Premiums Written..................... 3,077,761,000 Net Premiums Earned..................... 2,888,157,000 Net Claims & Adj Exp...................... 1,643,305,000 Commissions...................................... 692,517,000 Taxes.................................................... 75,509,000 General Expenses................................ 10,991,000 Undwrwtg. Profit/Loss....................... 465,835,000 Investment Income............................... 98,940,000

Underwriting Result

2015: +$465,835,000 2012: +$451,914,000

Growth Rate (NPW)................................... 18.64 % of Market (NPW)..................................... 6.86 Earned Loss Ratio..................................... 56.90 Total Expense Ratio.................................. 26.97 Combined Loss & Exp. Ratio.................... 83.87 Return on Equity....................................... 34.36

2014: +$358,272,000 2011: +$206,868,000

2013: +$338,773,000

2016-06-06 3:35 PM

MAy17.2

LIBERTY MUTUAL INSURANCE COMPANY

D-US

Garth Pepper, Chief Agent 181 Bay St., Suite 1000 Brookfield Place Toronto ON M5J 2T3 416-365-7587 Fax:416-307-4372 www.libertymutual.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 34,980,000 32,271,000 10,431,000 32.32 Prop - Total ............................ 34,980,000 32,271,000 10,431,000 32.32 Aircraft..................................... 1,296,000 1,230,000 632,000 51.38 Auto. - Liability........................ 17,221,000 16,948,000 2,739,000 16.16 Auto. - Pers. Acc..................... 1,840,000 2,164,000 346,000 15.99 Auto. - Other............................ 6,601,000 6,884,000 2,895,000 42.05 Auto - Total ............................. 25,662,000 25,996,000 5,980,000 23.00 Boiler/Mach-excld................... –385,000 –183,000 –49,000 26.78 Fidelity..................................... 7,616,000 7,141,000 8,486,000 118.83 Liability.................................... 143,359,000 138,051,000 107,617,000 77.95 Surety...................................... 22,414,000 16,877,000 2,268,000 13.44 Marine...................................... 6,117,000 4,767,000 2,579,000 54.10 ——————— ——————— ——————— ————— Total 2015............................... 241,059,000 226,150,000 137,944,000 61.00 Total 2014................................ 210,765,000 185,644,000 115,847,000 62.40 Total 2013................................ 162,727,000 146,078,000 98,501,000 67.43 Total 2012................................ 128,892,000 126,138,000 93,723,000 74.30 Total 2011................................ 122,119,000 117,070,000 82,946,000 70.85

2015 Direct Premiums Written: +261,493,000 Growth: 8.53% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 38,724,000 Reinsurance Ceded............................ 124,034,000 Net Premiums Written........................ 241,059,000 Net Premiums Earned........................ 226,150,000 Net Claims & Adj Exp......................... 137,944,000 Commissions........................................ 12,301,000 Taxes...................................................... 9,119,000 General Expenses................................ 27,859,000 Undwrwtg. Profit/Loss......................... 38,927,000 Investment Income............................... 28,885,000

Growth Rate (NPW)................................... 14.37 % of Market (NPW)..................................... 0.54 Earned Loss Ratio..................................... 61.00 Total Expense Ratio.................................. 21.79 Combined Loss & Exp. Ratio.................... 82.79 Return on Equity....................................... 10.81

Underwriting Result

2015: +$38,927,000 2014: +$21,333,000 2012: +$1,253,000 2011: –$3,098,000

2013: +$8,153,000

THE MEARIE GROUP

D-C Charlie (C.C.) Macaluso, Chief Executive Officer, Attorney in Fact 3700 Steeles Ave. W., Suite 1100 Vaughan ON L4L 8K8 905-265-5300 Fax:905-265-5301 www.mearie.ca cmacaluso@mearie.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 519,000 519,000 –21,000 –4.05 Prop - Total ............................ 519,000 519,000 –21,000 –4.05 Auto. - Liability........................ 236,000 236,000 40,000 16.95 Auto. - Pers. Acc..................... 127,000 127,000 22,000 17.32 47,000 16.85 Auto. - Other............................ 279,000 279,000 Auto - Total ............................. 642,000 642,000 109,000 16.98 Fidelity..................................... 30,000 30,000 Liability.................................... 5,194,000 5,093,000 4,733,000 92.93 ——————— ——————— ——————— ————— Total 2015............................... 6,385,000 6,284,000 4,821,000 76.72 Total 2014................................ 7,843,000 7,735,000 1,741,000 22.51 Total 2013................................ 7,768,000 7,768,000 3,549,000 45.69 Total 2012................................ 5,768,000 5,768,000 3,567,000 61.84 6,772,000 6,772,000 1,775,000 26.21 Total 2011................................

2015 Direct Premiums Written: +11,916,000 Growth: –6.74% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 5,531,000 Net Premiums Written............................ 6,385,000 Net Premiums Earned............................ 6,284,000 Net Claims & Adj Exp............................. 4,821,000 Commissions.......................................................... Taxes......................................................... 376,000 General Expenses.................................. 2,510,000 Undwrwtg. Profit/Loss......................... –1,177,000 Investment Income................................. 7,543,000

Growth Rate (NPW)................................. –18.59 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 76.72 Total Expense Ratio.................................. 45.93 Combined Loss & Exp. Ratio.................. 122.65 Return on Equity......................................... 9.44

Underwriting Result

2015: –$1,177,000 2014: +$3,818,000 2013: +$1,822,000 2012: –$252,000 2011: +$2,467,000

MENNONITE MUTUAL FIRE INSURANCE COMPANY OF SASKATCHEWAN

B-C

Valerie Fehr, President & Chief Executive Officer Box 190 Waldheim SK S0K 4R0 306-945-2239 Fax:306-945-4666 www.mmfi.com valerie.fehr@mmfi.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2015 Direct Premiums Written: +17,754,000

Growth: 7.87%

2015 Underwriting Performance Summary Prop. - Personal...................... 7,735,000 7,222,000 2,549,000 35.29 Prop. - Commercial................. 1,086,000 1,028,000 496,000 48.25 % Prop - Total ............................ 8,821,000 8,250,000 3,045,000 36.91 Reinsurance Assumed........................................... Growth Rate (NPW)................................... 11.60 Auto. - Liability........................ 107,000 111,000 Reinsurance Ceded................................ 7,963,000 % of Market (NPW)..................................... 0.02 Auto. - Other............................ 210,000 215,000 146,000 67.91 Net Premiums Written............................ 9,791,000 Earned Loss Ratio..................................... 34.19 Auto - Total ............................. 317,000 326,000 146,000 44.79 Net Premiums Earned............................ 9,247,000 Total Expense Ratio.................................. 45.44 Boiler/Mach-excld................... 2,000 0.00 Net Claims & Adj Exp............................. 3,162,000 Combined Loss & Exp. Ratio.................... 79.63 Liability.................................... 647,000 667,000 –29,000 –4.35 Commissions.......................................... 1,573,000 Return on Equity....................................... 23.11 Accident & Sickness................ 4,000 4,000 Taxes......................................................... 436,000 ——————— ——————— ——————— ————— General Expenses.................................. 2,193,000 Total 2015............................... 9,791,000 9,247,000 3,162,000 34.19 Undwrwtg. Profit/Loss........................... 2,042,000 Total 2014................................ 8,773,000 8,700,000 5,327,000 61.23 Investment Income.................................... 347,000 Total 2013................................ 7,955,000 7,294,000 4,258,000 58.38 Underwriting Result Total 2012................................ 7,019,000 6,576,000 8,558,000 130.14 2015: +$2,042,000 2014: –$380,000 2013: +$815,000 Total 2011................................ 6,472,000 6,245,000 3,663,000 58.65 2012: +$428,000 2011: +$859,000

64-107_2016 Stat Issue Cdn Underwriters.indd 86

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

MAy17.2016.stat.AD_R2 2016-05-17 1:46 PM Page 1

THERE ARE SOME RISKS ONLY A SPECIALIST CAN HANDLE. We are Liberty International Underwriters, a global specialty lines division of Liberty Mutual Group. To meet our team and learn more about how we can help you and your clients handle unique risks, visit LIUCanada.com.

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100223 CA 05/2016

2016-06-06 3:35 PM

MITSUI SUMITOMO INSURANCE COMPANY, LIMITED B-F Ellen J. Moore, Chief Agent For Canada Commerce Court Postal Station 199 Bay St Suite 2500 PO Box 139 Toronto ON M5L 1E2 416-863-0550 Fax:416-863-3144 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 119,000 117,000 6,000 5.13 Prop. - Commercial................. 5,746,000 5,721,000 1,004,000 17.55 Prop - Total ............................ 5,865,000 5,838,000 1,010,000 17.30 Aircraft..................................... 5,033,000 4,897,000 2,382,000 48.64 Auto. - Liability........................ 3,682,000 3,773,000 4,745,000 125.76 Auto. - Pers. Acc..................... 12,000 4,000 15,000 375.00 Auto. - Other............................ 17,000 2,000 13,000 650.00 Auto - Total ............................. 3,711,000 3,779,000 4,773,000 126.30 Boiler/Mach-excld................... 330,000 319,000 –10,000 –3.13 Fidelity..................................... 108,000 108,000 11,000 10.19 Liability.................................... 4,869,000 4,927,000 6,081,000 123.42 Surety...................................... 3,000 3,000 Marine...................................... 310,000 318,000 60,000 18.87 ——————— ——————— ——————— ————— Total 2015............................... 20,229,000 20,189,000 14,307,000 70.87 Total 2014................................ 20,198,000 19,817,000 10,752,000 54.26 Total 2013................................ 20,029,000 20,717,000 15,412,000 74.39 Total 2012................................ 24,182,000 21,141,000 9,479,000 44.84 Total 2011................................ 20,739,000 20,635,000 15,145,000 73.39

2015 Direct Premiums Written: +22,196,000 Growth: –0.95% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. 299,000 Reinsurance Ceded................................ 2,266,000 Net Premiums Written.......................... 20,229,000 Net Premiums Earned.......................... 20,189,000 Net Claims & Adj Exp........................... 14,307,000 Commissions.......................................... 1,817,000 Taxes......................................................... 767,000 General Expenses.................................. 3,702,000 Undwrwtg. Profit/Loss............................ –404,000 Investment Income................................. 2,011,000

Growth Rate (NPW)..................................... 0.15 % of Market (NPW)..................................... 0.05 Earned Loss Ratio..................................... 70.87 Total Expense Ratio.................................. 31.14 Combined Loss & Exp. Ratio.................. 102.01 Return on Equity......................................... 2.22

Underwriting Result

2015: –$404,000 2014: +$3,008,000 2013: –$877,000 2012: +$5,112,000 2011: –$866,000

MOTORS INSURANCE CORPORATION

D-US

John J Johnson, Chief Agent of Canada 8500 Leslie St Suite 101 Thornhill ON L3T 7M8 905-644-6653 Fax: 855-296-7993 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ –302,000 –197,000 –5,567,000 2,825.89 Auto. - Pers. Acc..................... –237,000 –160,000 722,000 –451.25 Auto. - Other............................ 858,000 892,000 51,000 5.72 535,000 –4,794,000 –896.07 Auto - Total ............................. 319,000 Boiler/Mach-equip................... 9,491,000 9,845,000 2,939,000 29.85 Liability.................................... 35,224,000 38,450,000 18,215,000 47.37 ——————— ——————— ——————— ————— Total 2015............................... 45,034,000 48,830,000 16,360,000 33.50 Total 2014................................ 50,808,000 56,252,000 30,836,000 54.82 Total 2013................................ 54,983,000 90,984,000 50,556,000 55.57 Total 2012................................ 56,008,000 129,661,000 83,951,000 64.75 Total 2011................................ 134,752,000 153,871,000 97,513,000 63.37

2015 Direct Premiums Written: +84,044,000 Growth: –6.99% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 39,010,000 Net Premiums Written.......................... 45,034,000 Net Premiums Earned.......................... 48,830,000 Net Claims & Adj Exp........................... 16,360,000 Commissions.......................................... 1,106,000 Taxes...................................................... 2,684,000 General Expenses.................................. 2,270,000 Undwrwtg. Profit/Loss......................... 26,420,000 Investment Income............................... 11,715,000

Growth Rate (NPW)................................. –11.36 % of Market (NPW)..................................... 0.10 Earned Loss Ratio..................................... 33.50 Total Expense Ratio.................................. 12.41 Combined Loss & Exp. Ratio.................... 45.91 Return on Equity....................................... 13.68

Underwriting Result

2015: +$26,420,000 2014: +$19,055,000 2012: +$27,150,000 2011: +$33,403,000

2013: +$29,328,000

THE MUTUAL FIRE INSURANCE COMPANY OF BRITISH COLUMBIA Don Hooge, Chairman

B-C

Darin Nessel, President & Chief Executive Officer 201-9366-200A Street Langley BC V1M 4B3 604-881-1250 Fax:604-881-1440 www.mutualfirebc.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 17,067,000 16,241,000 12,536,000 77.19 Prop. - Commercial................. 23,904,000 22,688,000 12,603,000 55.55 Prop - Total ............................ 40,971,000 38,929,000 25,139,000 64.58 Boiler/Mach-excld................... 109,000 109,000 –1,000 –0.92 Liability.................................... 2,212,000 2,361,000 2,414,000 102.24 ——————— ——————— ——————— ————— Total 2015............................... 43,292,000 41,399,000 27,552,000 66.55 Total 2014................................ 52,945,000 47,746,000 30,157,000 63.16 Total 2013................................ 43,918,000 41,400,000 20,608,000 49.78 Total 2012................................ 38,336,000 35,548,000 22,285,000 62.69 32,802,000 29,561,000 15,862,000 53.66 Total 2011................................

2015 Direct Premiums Written: +80,798,000 Growth: 15.81% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 39,889,000 Net Premiums Written.......................... 43,292,000 Net Premiums Earned.......................... 41,399,000 Net Claims & Adj Exp........................... 27,552,000 Commissions.......................................... 7,497,000 Taxes...................................................... 1,995,000 General Expenses.................................. 5,764,000 Undwrwtg. Profit/Loss......................... –1,446,000 Investment Income................................. 2,508,000

Growth Rate (NPW)................................. –18.23 % of Market (NPW)..................................... 0.10 Earned Loss Ratio..................................... 66.55 Total Expense Ratio.................................. 36.85 Combined Loss & Exp. Ratio.................. 103.40 Return on Equity......................................... 2.71

Underwriting Result

2015: –$1,446,000 2014: –$1,941,000 2013: +$3,750,000 2012: –$1,091,000 2011: +$1,534,000

64-107_2016 Stat Issue Cdn Underwriters.indd 88

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2016-06-06 3:35 PM

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NORTHBRIDGE FINANCIAL CORPORATION Northbridge Financial Corporation financial data in this publication reflects an aggregation of subsidiary financial data prepared on a statutory basis. Financial data by class reflects subsidiary financial data transacted in all jurisdictions

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 64,050,000 63,874,000 34,994,000 54.79 Prop. - Commercial................. 336,153,000 327,159,000 194,012,000 59.30 Prop - Total ............................ 400,203,000 391,033,000 229,006,000 58.56 Auto. - Liability........................ 250,496,000 245,971,000 146,037,000 59.37 Auto. - Pers. Acc..................... 59,862,000 60,591,000 24,829,000 40.98 Auto. - Other............................ 165,408,000 166,847,000 115,817,000 69.42 Auto - Total ............................. 475,766,000 473,409,000 286,683,000 60.56 Boiler/Mach-excld................... 8,484,000 7,781,000 1,393,000 17.90 Fidelity..................................... 2,193,000 2,142,000 1,827,000 85.29 Liability.................................... 216,347,000 212,506,000 114,655,000 53.95 Surety...................................... 363,000 437,000 –2,507,000 –573.68 Marine...................................... 29,466,000 29,836,000 26,069,000 87.37 ——————— ——————— ——————— ————— Total 2015............................... 1,132,822,000 1,117,144,000 657,126,000 58.82 Total 2014................................ 1,067,709,000 1,040,367,000 638,410,000 61.36 Total 2013................................ 1,062,111,000 1,019,697,000 604,773,000 59.31 Total 2012................................ 950,054,000 987,599,000 751,831,000 76.13 Total 2011................................ 1,085,923,000 1,059,816,000 760,109,000 71.72

B-C

Silvy Wright, President & Chief Executive Officer 105 Adelaide St W Suite 700 Toronto ON M5H 1P9 416-350-4400 Fax:416-350-4307 www.nbfc.com

2015 Direct Premiums Written: +1,267,442,000 Growth: 5.00% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 73,848,000 Reinsurance Ceded............................ 221,217,000 Net Premiums Written..................... 1,132,822,000 Net Premiums Earned..................... 1,117,144,000 Net Claims & Adj Exp......................... 657,126,000 Commissions...................................... 177,040,000 Taxes.................................................... 38,652,000 General Expenses.............................. 183,766,000 Undwrwtg. Profit/Loss......................... 65,694,000 Investment Income............................. 168,336,000

Growth Rate (NPW)..................................... 6.10 % of Market (NPW)..................................... 2.52 Earned Loss Ratio..................................... 58.82 Total Expense Ratio.................................. 35.76 Combined Loss & Exp. Ratio.................... 94.58 Return on Equity....................................... 12.50

Underwriting Result

2015: +$65,694,000 2014: +$35,478,000 2012: –$118,858,000 2011: –$61,314,000

2013: +$41,158,000

OLD REPUBLIC INSURANCE COMPANY OF CANADA Paul Field, Chief Executive Officer

D-US

Box 557, 100 King St W Hamilton ON L8N 3K9 905-523-5936 Fax:905-528-4685 pfield@orican.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 26,000 26,000 35,000 134.62 Prop. - Commercial................. 7,740,000 7,567,000 4,896,000 64.70 Prop - Total ............................ 7,766,000 7,593,000 4,931,000 64.94 17,000 17,000 63,000 370.59 Aircraft..................................... Auto. - Liability........................ 32,868,000 32,995,000 24,272,000 73.56 Auto. - Pers. Acc..................... 4,275,000 4,271,000 920,000 21.54 Auto. - Other............................ 16,587,000 16,283,000 9,617,000 59.06 Auto - Total ............................. 53,730,000 53,549,000 34,809,000 65.00 18,000 0.51 Liability.................................... 3,630,000 3,563,000 Accident & Sickness................ 51,804,000 49,722,000 22,366,000 44.98 ——————— ——————— ——————— ————— Total 2015............................... 116,947,000 114,444,000 62,187,000 54.34 Total 2014................................ 58,707,000 59,757,000 39,815,000 66.63 Total 2013................................ 60,520,000 63,288,000 46,116,000 72.87 55,801,000 52,189,000 40,360,000 77.33 Total 2012................................ Total 2011................................ 49,764,000 46,880,000 30,921,000 65.96

2015 Direct Premiums Written: +110,958,000 Growth: 50.36% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 21,271,000 Reinsurance Ceded.............................. 15,282,000 Net Premiums Written........................ 116,947,000 Net Premiums Earned........................ 114,444,000 Net Claims & Adj Exp........................... 62,187,000 Commissions........................................ 28,633,000 Taxes...................................................... 3,018,000 General Expenses................................ 14,091,000 Undwrwtg. Profit/Loss......................... 11,174,000 Investment Income................................. 3,798,000

Growth Rate (NPW)................................... 99.20 % of Market (NPW)..................................... 0.26 Earned Loss Ratio..................................... 54.34 Total Expense Ratio.................................. 39.97 Combined Loss & Exp. Ratio.................... 94.31 Return on Equity....................................... 16.90

Underwriting Result

2015: +$11,174,000 2014: +$3,527,000 2013: 2012: –$1,672,000 2011: +$3,601,000

OMEGA GENERAL INSURANCE COMPANY

+$477,000

B-C

Philip Cook, Chief Executive Officer 34 King St E. Suite 1200 Toronto ON M5C 2X8 www.omegageneral.com contactus@omegageneral.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 44,000 1,158,000 647,000 55.87 131,000 –270,000 –206.11 Prop. - Commercial................. 131,000 Prop - Total ............................ 175,000 1,289,000 377,000 29.25 Aircraft..................................... –173,000 0.00 Auto. - Liability........................ –26,000 0.00 Auto. - Pers. Acc..................... 300,000 300,000 18,000 6.00 –6,000 –6,000 –7,000 116.67 Auto. - Other............................ Auto - Total ............................. 294,000 294,000 –15,000 –5.10 Fidelity..................................... 54,000 54,000 54,000 100.00 1,287,000 1,262,000 1,236,000 97.94 Liability.................................... Surety...................................... –41,000 –41,000 –42,000 102.44 –2,000 –2,000 –2,000 100.00 Accident & Sickness................ ——————— ——————— ——————— ————— Total 2015............................... 1,767,000 2,856,000 1,435,000 50.25 Total 2014................................ 25,187,000 24,943,000 14,036,000 56.27 Total 2013................................ 20,222,000 20,169,000 10,335,000 51.24 Total 2012................................ 17,927,000 18,747,000 13,387,000 71.41 Total 2011................................ 18,437,000 18,430,000 12,617,000 68.46

64-107_2016 Stat Issue Cdn Underwriters.indd 90

2015 Direct Premiums Written: +43,324,000 Growth: 21.85% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. 902,000 Reinsurance Ceded.............................. 42,459,000 Net Premiums Written............................ 1,767,000 Net Premiums Earned............................ 2,856,000 Net Claims & Adj Exp............................. 1,435,000 Commissions........................................ –1,243,000 Taxes...................................................... 1,561,000 General Expenses.................................. 1,309,000 Undwrwtg. Profit/Loss............................ –206,000 Investment Income.................................... 675,000

Growth Rate (NPW)................................. –92.98 % of Market (NPW)..................................... 0.00 Earned Loss Ratio..................................... 50.25 Total Expense Ratio.................................. 56.97 Combined Loss & Exp. Ratio.................. 107.22 Return on Equity......................................... 3.54

Underwriting Result

2015: –$206,000 2014: –$560,000 2013: –$249,000 2012: –$2,652,000 2011: –$1,344,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

‘

‘‘

When my friends were playing house, I played house inspector.

Looking out for others is just something Fritzie has always done. So it’s only natural that she would end up in risk management. At Northbridge Insurance, we’re here to help minimize the impact of an incident or even prevent claims from happening to your business in the first place. It’s what we’re all about.

Fritzie Senior Risk Services Consultant

Visit us at www.nbins.com or get in touch with your broker to learn more about our risk management solutions.

® Trademark of Northbridge Financial Corporation (“Northbridge”). Used under licence from Northbridge. [3459-005-ed01E] * Policies underwritten by Northbridge General Insurance Corporation and Northbridge Commercial Insurance Corporation.

64-107_2016 Stat Issue Cdn Underwriters.indd 91

2016-06-06 3:35 PM

ONTARIO MUTUAL INSURANCE ASSOCIATION

B-C

John Taylor, BBA,FCIP,CHRP, President Rob Pearson, Chairman of Board 350 Pinebush Rd, Box 3187 Cambridge ON N3H 4S6 519-622-9220 Fax:519-622-9227 www.ontariomutuals.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 283,528,000 274,744,000 165,362,000 60.19 Prop. - Commercial................. 49,899,000 47,263,000 16,412,000 34.72 Prop - Total ............................ 333,427,000 322,007,000 181,774,000 56.45 Auto. - Liability........................ 101,937,000 102,400,000 48,012,000 46.89 Auto. - Pers. Acc..................... 56,666,000 55,349,000 41,117,000 74.29 Auto. - Other............................ 60,198,000 57,166,000 38,804,000 67.88 Auto - Total ............................. 218,801,000 214,915,000 127,933,000 59.53 Boiler/Mach-excld................... –41,000 –41,000 Fidelity..................................... 29,000 29,000 Hail.......................................... 77,000 77,000 21,000 27.27 Liability.................................... 50,071,000 48,383,000 17,077,000 35.30 Other Apprvd. Prod................. 11,000 11,000 Accident & Sickness................ 291,000 287,000 84,000 29.27 ——————— ——————— ——————— ————— Total 2015............................... 602,666,000 585,668,000 326,889,000 55.81 Total 2014................................ 569,070,000 564,469,000 329,868,000 58.44 Total 2013................................ 551,716,000 549,461,000 295,211,000 53.73 Total 2012................................ 539,580,000 529,416,000 269,369,000 50.88 Total 2011................................ 519,070,000 498,344,000 297,307,000 59.66

2015 Direct Premiums Written: +697,410,000 Growth: 3.96% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 1,054,000 Reinsurance Ceded.............................. 95,799,000 Net Premiums Written........................ 602,666,000 Net Premiums Earned........................ 585,668,000 Net Claims & Adj Exp......................... 326,889,000 Commissions...................................... 116,746,000 Taxes...................................................... 1,416,000 General Expenses.............................. 114,138,000 Undwrwtg. Profit/Loss......................... 38,306,000 Investment Income............................... 30,670,000

Growth Rate (NPW)..................................... 5.90 % of Market (NPW)..................................... 1.34 Earned Loss Ratio..................................... 55.81 Total Expense Ratio.................................. 39.66 Combined Loss & Exp. Ratio.................... 95.47 Return on Equity......................................... 4.20

Underwriting Result

2015: +$38,306,000 2014: +$19,206,000 2012: +$61,306,000 2011: +$17,161,000

2013: +$46,795,000

ONTARIO SCHOOL BOARD’S INSURANCE EXCHANGE Jim H. Sami, Chief Executive Officer

D-C

91 Westmount Rd. Guelph ON N1H 5J2 519-767-2182 Fax:519-767-0281 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 15,003,000 15,003,000 6,233,000 41.55 Prop - Total ............................ 15,003,000 15,003,000 6,233,000 41.55 Auto. - Liability........................ 617,000 709,000 432,000 60.93 Auto. - Pers. Acc..................... 280,000 280,000 432,000 154.29 Auto. - Other............................ 448,000 448,000 106,000 23.66 970,000 67.50 Auto - Total ............................. 1,345,000 1,437,000 Boiler/Mach-excld................... 180,000 180,000 315,000 175.00 Fidelity..................................... 1,015,000 1,015,000 –3,000 –0.30 Liability.................................... 22,511,000 22,888,000 23,667,000 103.40 ——————— ——————— ——————— ————— Total 2015............................... 40,054,000 40,523,000 31,182,000 76.95 Total 2014................................ 39,326,000 39,847,000 26,832,000 67.34 Total 2013................................ 37,093,000 37,614,000 28,794,000 76.55 Total 2012................................ 35,934,000 36,417,000 30,863,000 84.75 Total 2011................................ 34,832,000 35,297,000 23,681,000 67.09

2015 Direct Premiums Written: +43,296,000 Growth: 2.07% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 3,242,000 Net Premiums Written.......................... 40,054,000 Net Premiums Earned.......................... 40,523,000 Net Claims & Adj Exp........................... 31,182,000 Commissions.......................................................... Taxes...................................................... 1,109,000 General Expenses.................................. 2,772,000 Undwrwtg. Profit/Loss........................... 5,460,000 Investment Income................................. 8,657,000

Underwriting Result

2015: +$5,460,000 2014: +$9,327,000 2013: +$5,297,000 2012: +$2,178,000 2011: +$8,453,000

OPTIMUM GENERAL INC. OPTIMUM WEST INSURANCE COMPANY INC OPTIMUM SOCIETE D’ASSURANCE INC OPTIMUM ASSURANCE AGRICOLE INC

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 49,172,000 48,578,000 24,678,000 50.80 Prop. - Commercial................. 21,810,000 21,312,000 13,154,000 61.72 70,982,000 69,890,000 37,832,000 54.13 Prop - Total ............................ Auto. - Liability........................ 17,902,000 19,124,000 12,809,000 66.98 Auto. - Pers. Acc..................... 7,069,000 7,381,000 6,171,000 83.61 7,967,000 76.24 Auto. - Other............................ 10,355,000 10,450,000 Auto - Total ............................. 35,326,000 36,955,000 26,947,000 72.92 Boiler/Mach-excld................... 3,000 0.00 Fidelity..................................... 39,000 37,000 3,000 8.11 Liability.................................... 18,708,000 18,395,000 4,905,000 26.66 Surety...................................... 2,000 2,000 ——————— ——————— ——————— ————— Total 2015............................... 125,057,000 125,279,000 69,690,000 55.63 Total 2014................................ 123,695,000 117,447,000 65,428,000 55.71 Total 2013................................ 111,639,000 108,307,000 56,360,000 52.04 Total 2012................................ 105,195,000 102,818,000 50,651,000 49.26 Total 2011................................ 94,442,000 92,592,000 48,460,000 52.34

64-107_2016 Stat Issue Cdn Underwriters.indd 92

Growth Rate (NPW)..................................... 1.85 % of Market (NPW)..................................... 0.09 Earned Loss Ratio..................................... 76.95 Total Expense Ratio.................................... 9.58 Combined Loss & Exp. Ratio.................... 86.53 Return on Equity....................................... 14.70

B-C Anabelle Blondeau, President & Chief Executive Officer 425 de Maisonneuve Blvd. W Suite 1500 Montreal QC H3A 3G5 514-288-8725 Fax:514-288-0760

2015 Direct Premiums Written: +160,692,000 Growth: 2.89% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 35,635,000 Net Premiums Written........................ 125,057,000 Net Premiums Earned........................ 125,279,000 Net Claims & Adj Exp........................... 69,690,000 Commissions........................................ 17,527,000 Taxes...................................................... 5,568,000 General Expenses................................ 24,215,000 Undwrwtg. Profit/Loss........................... 8,279,000 Investment Income................................. 2,705,000

Growth Rate (NPW)..................................... 1.10 % of Market (NPW)..................................... 0.28 Earned Loss Ratio..................................... 55.63 Total Expense Ratio.................................. 37.76 Combined Loss & Exp. Ratio.................... 93.39 Return on Equity....................................... 10.82

Underwriting Result

2015: +$8,279,000 2014: +$5,103,000 2013: +$6,888,000 2012: +$7,693,000 2011: +$4,128,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

P.E.I. MUTUAL INSURANCE COMPANY

D-C

Terrence Shea, General Manager 116 Walker Ave Summerside PE C1N 6V9 902-436-2185 www.peimutual.com protect@peimutual.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 9,799,000 9,289,000 7,671,000 82.58 Prop. - Commercial................. 7,001,000 6,758,000 5,862,000 86.74 Prop - Total ............................ 16,800,000 16,047,000 13,533,000 84.33 Legal Expense......................... 198,000 0.00 Liability.................................... 2,398,000 2,362,000 –152,000 –6.44 ——————— ——————— ——————— ————— Total 2015............................... 19,198,000 18,409,000 13,579,000 73.76 Total 2014................................ 17,795,000 17,021,000 12,872,000 75.62 Total 2013................................ 16,306,000 16,198,000 12,468,000 76.97 Total 2012................................ 15,621,000 14,952,000 8,869,000 59.32 Total 2011................................ 14,819,000 14,229,000 9,871,000 69.37

2015 Direct Premiums Written: +21,015,000 Growth: 6.52% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 1,817,000 Net Premiums Written.......................... 19,198,000 Net Premiums Earned.......................... 18,409,000 Net Claims & Adj Exp........................... 13,579,000 Commissions.......................................... 2,257,000 Taxes......................................................... 211,000 General Expenses.................................. 3,900,000 Undwrwtg. Profit/Loss......................... –1,538,000 Investment Income................................. 2,875,000

Growth Rate (NPW)..................................... 7.88 % of Market (NPW)..................................... 0.04 Earned Loss Ratio..................................... 73.76 Total Expense Ratio.................................. 34.59 Combined Loss & Exp. Ratio.................. 108.35 Return on Equity......................................... 3.13

Underwriting Result

2015: –$1,538,000 2014: –$1,880,000 2013: –$2,039,000 2012: +$608,000 2011: –$805,000

PACIFIC COAST FISHERMEN’S MUTUAL MARINE INSURANCE COMPANY 3757 Canada Way

D-C

Burnaby BC V5G 1G5 604-438-4240 Fax:604-438-5756 www.mutualmarine.bc.ca info@mutualmarine.bc.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Marine...................................... 5,062,000 5,206,000 371,000 7.13 ——————— ——————— ——————— ————— Total 2015............................... 5,062,000 5,206,000 371,000 7.13 Total 2014................................ 5,643,000 5,652,000 580,000 10.26 Total 2013................................ 5,470,000 5,467,000 687,000 12.57 Total 2012................................ 5,470,000 5,603,000 596,000 10.64 Total 2011................................ 6,070,000 6,161,000 983,000 15.96

2015 Direct Premiums Written: +5,692,000 Growth: –5.75% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................... 630,000 Net Premiums Written............................ 5,062,000 Net Premiums Earned............................ 5,206,000 Net Claims & Adj Exp................................ 371,000 Commissions.......................................................... Taxes...................................................................... General Expenses..................................... 983,000 Undwrwtg. Profit/Loss........................... 3,852,000 Investment Income.................................... 337,000

Growth Rate (NPW)................................. –10.30 % of Market (NPW)..................................... 0.01 Earned Loss Ratio....................................... 7.13 Total Expense Ratio.................................. 18.88 Combined Loss & Exp. Ratio.................... 26.01 Return on Equity....................................... 56.93

Underwriting Result

2015: +$3,852,000 2014: +$4,115,000 2013: +$3,817,000 2012: +$4,029,000 2011: +$4,241,000

PAFCO INSURANCE COMPANY

B-C

J.R.(Bob) Tisdale, President & C.O.O. 27 Allstate Parkway Suite 100 Markham ON L3R 5P8 905-477-6900 Fax:905-475-4991 www.pafco.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 52,774,000 51,797,000 26,645,000 51.44 Auto. - Pers. Acc..................... 28,787,000 28,242,000 21,308,000 75.45 Auto. - Other............................ 19,017,000 18,100,000 17,453,000 96.43 Auto - Total ............................. 100,578,000 98,139,000 65,406,000 66.65 ——————— ——————— ——————— ————— Total 2015............................... 100,578,000 98,139,000 65,406,000 66.65 Total 2014................................ 93,893,000 89,900,000 47,733,000 53.10 Total 2013................................ 91,226,000 96,785,000 53,699,000 55.48 Total 2012................................ 99,033,000 99,918,000 44,552,000 44.59 Total 2011................................ 99,320,000 88,639,000 51,265,000 57.84

2015 Direct Premiums Written: +100,749,000 Growth: 7.10% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................... 171,000 Net Premiums Written........................ 100,578,000 Net Premiums Earned.......................... 98,139,000 Net Claims & Adj Exp........................... 65,406,000 Commissions........................................ 14,216,000 Taxes...................................................... 3,085,000 General Expenses................................ 11,033,000 Undwrwtg. Profit/Loss........................... 7,751,000 Investment Income................................. 2,971,000

Underwriting Result

Growth Rate (NPW)..................................... 7.12 % of Market (NPW)..................................... 0.22 Earned Loss Ratio..................................... 66.65 Total Expense Ratio.................................. 28.87 Combined Loss & Exp. Ratio.................... 95.52 Return on Equity....................................... 12.23

2015: +$7,751,000 2014: +$19,333,000 2012: +$31,015,000 2011: +$14,377,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 93

2013: +$18,250,000

2016-06-06 3:35 PM

PEACE HILLS GENERAL INSURANCE COMPANY

B-C

Gene Paulsen, President & Chief Executive Officer 300, 10709 Jasper Ave. Edmonton AB T5J 3N3 780-424-3986 Fax:780-424-0396 www.peacehillsinsurance.com phi@peacehillsinsurance.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 58,385,000 61,426,000 35,991,000 58.59 Prop. - Commercial................. 24,872,000 26,170,000 13,390,000 51.17 Prop - Total ............................ 83,257,000 87,596,000 49,381,000 56.37 Auto. - Liability........................ 26,599,000 28,192,000 22,812,000 80.92 Auto. - Pers. Acc..................... 1,957,000 2,127,000 1,841,000 86.55 Auto. - Other............................ 23,444,000 25,812,000 17,200,000 66.64 Auto - Total ............................. 52,000,000 56,131,000 41,853,000 74.56 ——————— ——————— ——————— ————— Total 2015............................... 135,257,000 143,727,000 91,234,000 63.48 Total 2014................................ 139,958,000 131,826,000 85,040,000 64.51 Total 2013................................ 124,159,000 116,323,000 77,142,000 66.32 Total 2012................................ 117,582,000 114,363,000 70,853,000 61.95 Total 2011................................ 111,919,000 111,361,000 73,985,000 66.44

2015 Direct Premiums Written: +230,503,000 Growth: 7.91% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 95,246,000 Net Premiums Written........................ 135,257,000 Net Premiums Earned........................ 143,727,000 Net Claims & Adj Exp........................... 91,234,000 Commissions........................................ 28,814,000 Taxes...................................................... 7,629,000 General Expenses................................ 22,867,000 Undwrwtg. Profit/Loss......................... –4,083,000 Investment Income................................. 6,187,000

Growth Rate (NPW)................................... –3.36 % of Market (NPW)..................................... 0.30 Earned Loss Ratio..................................... 63.48 Total Expense Ratio.................................. 41.27 Combined Loss & Exp. Ratio.................. 104.75 Return on Equity......................................... 2.23

Underwriting Result

2015: –$4,083,000 2014: –$6,469,000 2013: –$9,274,000 2012: –$3,012,000 2011: –$5,247,000

PEMBRIDGE INSURANCE COMPANY

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.pembridge.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 53,358,000 50,506,000 28,641,000 56.71 Prop. - Commercial................. 75,000 0.00 Prop - Total ............................ 53,358,000 50,506,000 28,716,000 56.86 98,474,000 95,430,000 60,189,000 63.07 Auto. - Liability........................ Auto. - Pers. Acc..................... 48,717,000 51,982,000 50,539,000 97.22 Auto. - Other............................ 39,870,000 38,231,000 31,341,000 81.98 Auto - Total ............................. 187,061,000 185,643,000 142,069,000 76.53 Liability.................................... 56,000 0.00 Accident & Sickness................ 4,000 0.00 ——————— ——————— ——————— ————— Total 2015............................... 240,419,000 236,149,000 170,845,000 72.35 Total 2014................................ 231,529,000 222,094,000 159,174,000 71.67 Total 2013................................ 211,009,000 194,882,000 133,309,000 68.40 179,190,000 167,044,000 105,341,000 63.06 Total 2012................................ Total 2011................................ 155,018,000 145,628,000 102,279,000 70.23

2015 Direct Premiums Written: +241,148,000 Growth: 3.85% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................... 729,000 Net Premiums Written........................ 240,419,000 Net Premiums Earned........................ 236,149,000 Net Claims & Adj Exp......................... 170,845,000 Commissions........................................ 41,696,000 Taxes...................................................... 7,607,000 General Expenses................................ 24,392,000 Undwrwtg. Profit/Loss......................... –2,745,000 Investment Income................................. 8,757,000

Growth Rate (NPW)..................................... 3.84 % of Market (NPW)..................................... 0.54 Earned Loss Ratio..................................... 72.35 Total Expense Ratio.................................. 31.21 Combined Loss & Exp. Ratio.................. 103.56 Return on Equity......................................... 3.31

Underwriting Result

2015: –$2,745,000 2014: –$3,826,000 2013: +$2,235,000 2012: +$10,056,000 2011: –$1,065,000

THE PORTAGE LA PRAIRIE MUTUAL INSURANCE COMPANY

B-C

John G Mitchell, President & Chief Executive Officer PO Box 340 Portage La Prairie MB R1N 3B8 204-857-3415 Fax:204-239-6655 www.portagemutual.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 86,266,000 87,261,000 47,422,000 54.35 Prop. - Commercial................. 8,293,000 8,229,000 4,703,000 57.15 Prop - Total ............................ 94,559,000 95,490,000 52,125,000 54.59 36,207,000 37,851,000 29,875,000 78.93 Auto. - Liability........................ Auto. - Pers. Acc..................... 13,837,000 14,619,000 12,747,000 87.19 Auto. - Other............................ 27,174,000 29,294,000 20,074,000 68.53 Auto - Total ............................. 77,218,000 81,764,000 62,696,000 76.68 Liability.................................... 7,013,000 7,388,000 2,321,000 31.42 ——————— ——————— ——————— ————— Total 2015............................... 178,790,000 184,642,000 117,142,000 63.44 Total 2014................................ 190,934,000 193,621,000 147,875,000 76.37 Total 2013................................ 194,516,000 189,206,000 141,320,000 74.69 Total 2012................................ 187,023,000 184,523,000 126,088,000 68.33 Total 2011................................ 183,883,000 175,250,000 126,247,000 72.04

2015 Direct Premiums Written: +202,046,000 Growth: –5.08% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 23,256,000 Net Premiums Written........................ 178,790,000 Net Premiums Earned.......................... 96,611,000 Net Claims & Adj Exp......................... 117,142,000 Commissions........................................ 35,253,000 Taxes...................................................... 7,596,000 General Expenses................................ 27,269,000 Undwrwtg. Profit/Loss.............................. 762,000 Investment Income................................. 6,056,000

Growth Rate (NPW)................................... –6.36 % of Market (NPW)..................................... 0.40 Earned Loss Ratio..................................... 63.44 Total Expense Ratio.................................. 37.98 Combined Loss & Exp. Ratio.................. 101.42 Return on Equity......................................... 5.79

Underwriting Result

2015: +$762,000 2014: –$28,623,000 2013: –$19,664,000 2012: –$5,728,000 2011: –$15,640,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

PROTECTIVE INSURANCE COMPANY

D-C

Mr. Phillip H Cook, Chief Agent for Canada 34 King St E Suite 1200 Toronto ON M5C 2X8 416-361-1728 Fax:416-361-6113

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 467,000 467,000 1,866,000 399.57 Auto. - Other............................ 615,000 615,000 477,000 77.56 Auto - Total ............................. 1,082,000 1,082,000 2,343,000 216.54 ——————— ——————— ——————— ————— Total 2015............................... 1,082,000 1,082,000 2,343,000 216.54 Total 2014................................ 1,771,000 1,765,000 6,673,000 378.07 Total 2013................................ 1,818,000 1,819,000 2,534,000 139.31 Total 2012................................ 1,244,000 1,245,000 591,000 47.47

2015 Direct Premiums Written: +2,190,000 Growth: 0.88% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 1,108,000 Net Premiums Written............................ 1,082,000 Net Premiums Earned............................ 1,082,000 Net Claims & Adj Exp............................. 2,343,000 Commissions............................................. 164,000 Taxes........................................................... 81,000 General Expenses................................... –314,000 Undwrwtg. Profit/Loss......................... –1,820,000 Investment Income.................................... 205,000

Growth Rate (NPW)................................. –38.90 % of Market (NPW)..................................... 0.00 Earned Loss Ratio................................... 216.54 Total Expense Ratio.................................. –6.38 Combined Loss & Exp. Ratio.................. 210.16 Return on Equity....................................... –0.06

Underwriting Result

2015: –$1,820,000 2014: –$5,533,000 2013: –$1,285,000 2012: +$184,000

RBC GENERAL INSURANCE COMPANY

D-C

Rino D’Onofrio, President & Chief Executive Officer 6880 Financial Dr West Tower Mississauga ON L5N 7Y5 905-606-1113 Fax:905-813-4850 www.rbcinsurance.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 170,722,000 168,068,000 105,679,000 62.88 Prop - Total ............................ 170,722,000 168,068,000 105,679,000 62.88 Auto. - Liability........................ 306,693,000 284,279,000 179,183,000 63.03 167,454,000 169,554,000 143,657,000 84.73 Auto. - Pers. Acc..................... Auto. - Other............................ 144,294,000 136,395,000 114,753,000 84.13 Auto - Total ............................. 618,441,000 590,228,000 437,593,000 74.14 Liability.................................... 6,000 ——————— ——————— ——————— ————— Total 2015............................... 789,163,000 758,302,000 543,272,000 71.64 Total 2014................................ 735,350,000 649,856,000 462,705,000 71.20 Total 2013................................ 561,552,000 533,261,000 383,209,000 71.86 537,307,000 536,272,000 377,239,000 70.34 Total 2012................................ Total 2011................................ 528,837,000 500,767,000 382,993,000 76.48

2015 Direct Premiums Written: +805,545,000 Growth: 7.49% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 16,382,000 Net Premiums Written........................ 789,163,000 Net Premiums Earned........................ 758,302,000 Net Claims & Adj Exp......................... 543,272,000 Commissions.......................................................... Taxes.................................................... 23,573,000 General Expenses.............................. 159,132,000 Undwrwtg. Profit/Loss......................... 32,325,000 Investment Income............................... 31,569,000

Growth Rate (NPW)..................................... 7.32 % of Market (NPW)..................................... 1.76 Earned Loss Ratio..................................... 71.64 Total Expense Ratio.................................. 24.09 Combined Loss & Exp. Ratio.................... 95.73 Return on Equity....................................... 14.65

Underwriting Result

2015: +$32,325,000 2014: +$11,600,000 2012: +$34,226,000 2011: –$6,440,000

2013: +$9,972,000

RBC INSURANCE COMPANY OF CANADA

D-C

Rino D’Onofrio, President & Chief Executive Officer 6880 Financial Dr. West Tower Mississauga ON L5N 7Y5 905-606-1113 Fax:905-813-4850 www.rbcinsurance.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 11,839,000 10,849,000 3,876,000 35.73 Prop - Total ............................ 11,839,000 10,849,000 3,876,000 35.73 Auto. - Liability........................ –1,360,000 –717,000 –7,512,000 1,047.70 Auto. - Pers. Acc..................... –1,115,000 –604,000 –4,628,000 766.23 Auto. - Other............................ –735,000 –390,000 –1,511,000 387.44 Auto - Total ............................. –3,210,000 –1,711,000 –13,654,000 798.01 Accident & Sickness................ 104,051,000 103,582,000 56,608,000 54.65 ——————— ——————— ——————— ————— Total 2015............................... 112,680,000 112,720,000 46,833,000 41.55 Total 2014................................ 111,544,000 187,201,000 95,443,000 50.98 Total 2013................................ 336,705,000 376,334,000 206,343,000 54.83 Total 2012................................ 400,871,000 397,408,000 217,484,000 54.73 Total 2011................................ 403,888,000 385,643,000 218,531,000 56.67

2015 Direct Premiums Written: +134,326,000 Growth: –27.18% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 1,701,000 Reinsurance Ceded.............................. 23,347,000 Net Premiums Written........................ 112,680,000 Net Premiums Earned........................ 112,720,000 Net Claims & Adj Exp........................... 46,830,000 Commissions........................................ 10,736,000 Taxes...................................................... 2,557,000 General Expenses................................ 43,586,000 Undwrwtg. Profit/Loss........................... 9,008,000 Investment Income................................. 7,426,000

Underwriting Result

Growth Rate (NPW)..................................... 1.02 % of Market (NPW)..................................... 0.25 Earned Loss Ratio..................................... 41.55 Total Expense Ratio.................................. 50.46 Combined Loss & Exp. Ratio.................... 92.01 Return on Equity....................................... 15.28

2015: +$9,008,000 2014: +$24,189,000 2012: +$715,000 2011: –$10,514,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 95

2013: +$19,720,000

2016-06-06 3:35 PM

RED RIVER MUTUAL

B-C Brian Esau, President & Chief Executive Officer 245 Centre Ave. E. Altona MB R0G 0B0 204-324-6434 Fax:204-324-1952 www.redrivermutual.com info@redrivermutual.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 51,167,000 48,605,000 30,330,000 62.40 Prop. - Commercial................. 24,789,000 23,847,000 13,604,000 57.05 Prop - Total ............................ 75,956,000 72,452,000 43,934,000 60.64 Liability.................................... 5,135,000 4,782,000 1,980,000 41.41 ——————— ——————— ——————— ————— Total 2015............................... 81,091,000 77,234,000 45,914,000 59.45 Total 2014................................ 74,915,000 71,307,000 41,927,000 58.80 Total 2013................................ 68,698,000 66,524,000 42,507,000 63.90 Total 2012................................ 65,394,000 64,550,000 36,246,000 56.15 Total 2011................................ 64,737,000 60,751,000 38,216,000 62.91

2015 Direct Premiums Written: +91,874,000 Growth: 8.70% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 10,783,000 Net Premiums Written.......................... 81,091,000 Net Premiums Earned.......................... 77,234,000 Net Claims & Adj Exp........................... 45,914,000 Commissions........................................ 19,946,000 Taxes...................................................... 3,729,000 General Expenses.................................. 8,780,000 Undwrwtg. Profit/Loss................................ 76,000 Investment Income................................. 4,322,000

Growth Rate (NPW)..................................... 8.24 % of Market (NPW)..................................... 0.18 Earned Loss Ratio..................................... 59.45 Total Expense Ratio.................................. 42.02 Combined Loss & Exp. Ratio.................. 101.47 Return on Equity......................................... 5.86

Underwriting Result

2015: +$76,000 2014: –$560,000 2013: –$3,219,000 2012: +$1,846,000 2011: –$1,096,000

RSA CANADA GROUP ROYAL & SUN ALLIANCE INSURANCE COMPANY OF CANADA QUEBEC ASSURANCE COMPANY WESTERN ASSURANCE COMPANY UNIFUND ASSURANCE COMPANY ASCENTUS INSURANCE LTD. CANADIAN NORTHERN SHIELD INSURANCE COMPANY L’UNION CANADIENNE, COMPAGNIE D’ASSURANCE Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 699,482,000 695,659,000 367,641,000 52.85 Prop. - Commercial................. 355,159,000 361,245,000 207,727,000 57.50 Prop - Total ............................ 1,054,641,000 1,056,904,000 575,368,000 54.44 Aircraft..................................... –21,000 –102,000 485.71 Auto. - Liability........................ 585,770,000 585,786,000 397,899,000 67.93 Auto. - Pers. Acc..................... 208,972,000 223,675,000 158,125,000 70.69 Auto. - Other............................ 401,667,000 425,285,000 276,395,000 64.99 Auto - Total ............................. 1,196,409,000 1,234,746,000 832,419,000 67.42 54,323,000 53,358,000 23,786,000 44.58 Boiler/Mach-excld................... Fidelity..................................... 2,469,000 2,522,000 2,112,000 83.74 Legal Expense......................... 2,000 0.00 Liability.................................... 192,846,000 198,844,000 145,138,000 72.99 Surety...................................... 2,824,000 2,212,000 120,000 5.42 37,416,000 36,741,000 22,683,000 61.74 Marine...................................... Accident & Sickness................ 109,977,000 118,222,000 71,306,000 60.32 ——————— ——————— ——————— ————— Total 2015............................... 2,650,905,000 2,703,528,000 1,672,832,000 61.88 Total 2014................................ 2,765,167,000 2,795,072,000 1,892,671,000 67.71 Total 2013................................ 2,790,693,000 2,734,387,000 1,960,058,000 71.68 Total 2012................................ 2,507,328,000 2,466,612,000 1,677,070,000 67.99 Total 2011................................ 2,360,019,000 2,259,975,000 1,515,636,000 67.06

B-UK Rowan Saunders, President & C.E.O. 18 York St Toronto ON M5J 0B2 416-366-7511 Fax:416-367-9869 www.rsagroup.ca

2015 Direct Premiums Written: +2,833,281,000 Growth: –4.59% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 30,953,000 Reinsurance Ceded............................ 238,745,000 Net Premiums Written..................... 2,650,905,000 Net Premiums Earned..................... 2,703,528,000 Net Claims & Adj Exp...................... 1,672,832,000 Commissions...................................... 363,481,000 Taxes.................................................... 97,913,000 General Expenses.............................. 391,458,000 Undwrwtg. Profit/Loss....................... 177,844,000 Investment Income............................. 130,668,000

Growth Rate (NPW)................................... –4.13 % of Market (NPW)..................................... 5.91 Earned Loss Ratio..................................... 61.88 Total Expense Ratio.................................. 31.55 Combined Loss & Exp. Ratio.................... 93.43 Return on Equity......................................... 8.25

Underwriting Result

2015: +$177,844,000 2014: +$54,354,000 2012: +$71,981,000 2011: +$83,085,000

SASKATCHEWAN MUTUAL INSURANCE COMPANY L. M. Wiebe, President & C.E.O.

2013: –$33,015,000

B-C

279-3rd Ave. N. Saskatoon SK S7K 2H8 306-653-4232 Fax:306-653-3260 www.saskmutual.com headoffice@saskmutual.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 32,898,000 31,227,000 19,828,000 63.50 Prop. - Commercial................. 6,883,000 6,724,000 2,638,000 39.23 Prop - Total ............................ 39,781,000 37,951,000 22,466,000 59.20 Auto. - Liability........................ 1,863,000 1,875,000 127,000 6.77 Auto. - Pers. Acc..................... 310,000 307,000 183,000 59.61 Auto. - Other............................ 7,055,000 6,958,000 3,710,000 53.32 Auto - Total ............................. 9,228,000 9,140,000 4,020,000 43.98 Fidelity..................................... 12,000 13,000 –5,000 –38.46 Liability.................................... 4,716,000 4,725,000 655,000 13.86 ——————— ——————— ——————— ————— Total 2015............................... 53,737,000 51,829,000 27,136,000 52.36 Total 2014................................ 50,009,000 49,049,000 29,179,000 59.49 Total 2013................................ 51,616,000 53,557,000 36,214,000 67.62 Total 2012................................ 51,300,000 49,039,000 27,211,000 55.49 Total 2011................................ 47,508,000 44,797,000 25,031,000 55.88

64-107_2016 Stat Issue Cdn Underwriters.indd 96

2015 Direct Premiums Written: +66,768,000 Growth: 6.37% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 13,031,000 Net Premiums Written.......................... 53,737,000 Net Premiums Earned.......................... 51,829,000 Net Claims & Adj Exp........................... 27,136,000 Commissions........................................ 10,411,000 Taxes...................................................... 2,791,000 General Expenses................................ 10,136,000 Undwrwtg. Profit/Loss........................... 1,817,000 Investment Income................................. 3,923,000

Growth Rate (NPW)..................................... 7.45 % of Market (NPW)..................................... 0.12 Earned Loss Ratio..................................... 52.36 Total Expense Ratio.................................. 45.03 Combined Loss & Exp. Ratio.................... 97.39 Return on Equity....................................... 11.01

Underwriting Result

2015: +$1,817,000 2014: –$567,000 2013: –$5,416,000 2012: +$1,560,000 2011: +$1,674,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

12232_R

Personal Insurance commercIal Insurance Global sPecIalty lInes

an insurer truly committed to Canadian brokers? at rsa Insurance, we don’t just talk about our commitment to canadian brokers. We show it, by offering you the industry’s best resources. From our making Partner executive education program to our innovative continuing education offerings, we are dedicated to your personal career development. We’ve invested in online tools to make it easier for you to do business with us. our broker financing options are there to lend a hand to our partners who want to grow their business. and our products are constantly evolving in response to listening to your needs. We believe that, together, we’re better. that’s the rsa advantage.

Find out more by visiting rsabroker.ca/rsa-advantage

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12232_RSA-CORP-CU-Stats-042916_FA.indd 1 64-107_2016 Stat Issue Cdn Underwriters.indd 97

2016-04-29 11:33 AM 2016-06-06 3:35 PM

SGI CANADA GROUP COACHMAN INSURANCE COMPANY INSURANCE COMPANY OF PRINCE EDWARD ISLAND SGI CANADA INSURANCE SERVICES LTD

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 169,372,000 155,144,000 111,137,000 71.63 Prop. - Commercial................. 144,234,000 130,293,000 75,225,000 57.74 Prop - Total ............................ 313,606,000 285,437,000 186,362,000 65.29 Aircraft..................................... 61,000 61,000 Auto. - Liability........................ 81,296,000 77,790,000 37,243,000 47.88 Auto. - Pers. Acc..................... 25,031,000 24,473,000 15,905,000 64.99 Auto. - Other............................ 151,158,000 148,023,000 91,155,000 61.58 Auto - Total ............................. 257,485,000 250,286,000 144,303,000 57.66 Boiler/Mach-excld................... 145,000 152,000 91,000 59.87 Fidelity..................................... 427,000 –152,000 79,000 –51.97 Liability.................................... 46,955,000 45,319,000 14,225,000 31.39 Surety...................................... 2,142,000 2,532,000 226,000 8.93 Accident & Sickness................ 19,000 20,000 ——————— ——————— ——————— ————— Total 2015............................... 620,840,000 583,655,000 345,286,000 59.16 Total 2014................................ 549,857,000 517,263,000 322,436,000 62.34 Total 2013................................ 522,181,000 507,251,000 325,816,000 64.23 Total 2012................................ 496,707,000 487,485,000 249,621,000 51.21 Total 2011................................ 476,488,000 453,506,000 293,938,000 64.81

B-C Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax:306-525-6040 www.sgi.sk.ca

2015 Direct Premiums Written: +656,923,000 Growth: 10.89% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 36,086,000 Net Premiums Written........................ 620,840,000 Net Premiums Earned........................ 583,655,000 Net Claims & Adj Exp......................... 345,286,000 Commissions...................................... 129,898,000 Taxes.................................................... 26,892,000 General Expenses................................ 68,215,000 Undwrwtg. Profit/Loss......................... 16,986,000 Investment Income............................... 48,032,000

Growth Rate (NPW)................................... 12.91 % of Market (NPW)..................................... 1.38 Earned Loss Ratio..................................... 59.16 Total Expense Ratio.................................. 38.55 Combined Loss & Exp. Ratio.................... 97.71 Return on Equity....................................... 19.13

Underwriting Result

2015: +$16,986,000 2014: –$5,541,000 2013: –$14,521,000 2012: +$55,509,000 2011: –$8,491,000

COACHMAN INSURANCE COMPANY

B-C

Randy MacFarlane, Regional Vice-President and COO Coachman 10 Four Seasons Place Suite 200 Toronto ON M9B 6H7 416-255-3417 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 6,283,000 6,156,000 2,176,000 35.35 Prop. - Commercial................. 5,903,000 5,031,000 5,261,000 104.57 7,437,000 66.48 Prop - Total ............................ 12,186,000 11,187,000 Auto. - Liability........................ 19,366,000 18,288,000 9,815,000 53.67 Auto. - Pers. Acc..................... 14,359,000 14,048,000 6,922,000 49.27 Auto. - Other............................ 5,406,000 5,093,000 6,042,000 118.63 Auto - Total ............................. 39,131,000 37,429,000 22,779,000 60.86 1,000 11,000 1,100.00 Boiler/Mach-excld................... 61,000 57,000 14,000 24.56 Fidelity..................................... Liability.................................... 3,397,000 3,088,000 1,736,000 56.22 Surety...................................... 62,000 51,000 ——————— ——————— ——————— ————— Total 2015............................... 54,837,000 51,813,000 31,977,000 61.72 Total 2014................................ 52,570,000 50,954,000 32,389,000 63.57 51,653,000 53,648,000 30,850,000 57.50 Total 2013................................ Total 2012................................ 56,808,000 59,877,000 37,890,000 63.28 Total 2011................................ 63,832,000 55,356,000 39,994,000 72.25

2015 Direct Premiums Written: +64,551,000 Growth: 10.77% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 9,714,000 Net Premiums Written.......................... 54,837,000 Net Premiums Earned.......................... 51,813,000 Net Claims & Adj Exp........................... 31,977,000 Commissions........................................ 10,136,000 Taxes...................................................... 1,885,000 General Expenses.................................. 5,195,000 Undwrwtg. Profit/Loss........................... 2,868,000 Investment Income................................. 8,594,000

Growth Rate (NPW)..................................... 4.31 % of Market (NPW)..................................... 0.12 Earned Loss Ratio..................................... 61.72 Total Expense Ratio.................................. 33.23 Combined Loss & Exp. Ratio.................... 94.95 Return on Equity....................................... 12.33

Underwriting Result

2015: +$2,868,000 2014: +$2,871,000 2013: +$7,386,000 2012: +$6,153,000 2011: +$532,000

SGI CANADA INSURANCE SERVICES LTD.

B-C

Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax:306-525-6040

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 37,750,000 33,200,000 22,716,000 68.42 Prop. - Commercial................. 26,235,000 21,923,000 15,874,000 72.41 63,985,000 55,123,000 38,590,000 70.01 Prop - Total ............................ Auto. - Liability........................ 45,421,000 42,533,000 30,213,000 71.03 16,183,000 15,716,000 11,005,000 70.02 Auto. - Pers. Acc..................... Auto. - Other............................ 34,408,000 32,684,000 25,232,000 77.20 Auto - Total ............................. 96,012,000 90,933,000 66,450,000 73.08 1,000 4.00 Boiler/Mach-excld................... 23,000 25,000 Fidelity..................................... 106,000 96,000 9,000 9.38 Liability.................................... 14,061,000 12,758,000 3,890,000 30.49 Surety...................................... 234,000 113,000 29,000 25.66 ——————— ——————— ——————— ————— Total 2015............................... 174,421,000 159,048,000 108,969,000 68.51 Total 2014................................ 150,384,000 135,203,000 89,667,000 66.32 Total 2013................................ 150,218,000 145,597,000 97,375,000 66.88 Total 2012................................ 144,245,000 141,647,000 81,799,000 57.75 Total 2011................................ 140,650,000 128,504,000 91,891,000 71.51

64-107_2016 Stat Issue Cdn Underwriters.indd 98

2015 Direct Premiums Written: +192,241,000 Growth: 18.36% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 17,820,000 Net Premiums Written........................ 174,421,000 Net Premiums Earned........................ 159,048,000 Net Claims & Adj Exp......................... 108,969,000 Commissions........................................ 31,196,000 Taxes...................................................... 5,538,000 General Expenses................................ 17,076,000 Undwrwtg. Profit/Loss......................... –3,095,000 Investment Income............................... 16,405,000

Growth Rate (NPW)................................... 15.98 % of Market (NPW)..................................... 0.39 Earned Loss Ratio..................................... 68.51 Total Expense Ratio.................................. 33.83 Combined Loss & Exp. Ratio.................. 102.34 Return on Equity......................................... 7.18

Underwriting Result

2015: –$3,095,000 2014: +$2,624,000 2013: +$1,502,000 2012: +$14,744,000 2011: –$3,740,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

SOMPO JAPAN NIPPONKOA INC.

D-F

Bruce Walker, Chief Agent In Canada 1400 - 25 York Street Toronto ON M5J 2V5 416-594-2590 Fax:416-594-3000

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 2,155,000 2,349,000 74,000 3.15 Prop - Total ............................ 2,155,000 2,349,000 74,000 3.15 Auto. - Liability........................ 1,053,000 971,000 411,000 42.33 Auto. - Other............................ 416,000 391,000 122,000 31.20 Auto - Total ............................. 1,469,000 1,362,000 533,000 39.13 Boiler/Mach-excld................... 73,000 69,000 Fidelity..................................... 77,000 63,000 14,000 22.22 Liability.................................... 1,442,000 1,519,000 523,000 34.43 Surety...................................... 1,000 2,000 Marine...................................... 531,000 511,000 115,000 22.50 ——————— ——————— ——————— ————— Total 2015............................... 5,748,000 5,875,000 1,259,000 21.43 Total 2014................................ 6,737,000 6,319,000 1,883,000 29.80 Total 2013................................ 5,660,000 5,748,000 2,455,000 42.71 Total 2012................................ 5,379,000 5,200,000 1,367,000 26.29 Total 2011................................ 5,103,000 5,890,000 1,524,000 25.87

2015 Direct Premiums Written: +5,424,000 Growth: –14.18% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 1,574,000 Reinsurance Ceded................................ 1,250,000 Net Premiums Written............................ 5,748,000 Net Premiums Earned............................ 5,875,000 Net Claims & Adj Exp............................. 1,259,000 Commissions............................................. 840,000 Taxes......................................................... 177,000 General Expenses.................................. 1,540,000 Undwrwtg. Profit/Loss........................... 2,039,000 Investment Income................................. 1,424,000

Growth Rate (NPW)................................. –14.68 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 21.43 Total Expense Ratio.................................. 43.52 Combined Loss & Exp. Ratio.................... 64.95 Return on Equity......................................... 3.45

Underwriting Result

2015: +$2,039,000 2014: +$1,395,000 2013: +$1,231,000 2012: +$1,976,000 2011: +$2,186,000

SSQ, SOCIETE D’ASSURANCES GENERALES INC.

D-C

Gilles Mourette, President & CEO 2515 boulevard Laurier CP 10530, succ. Sainte-Foy Quebec QC G1V 0A5 418-683-0554 Fax:418-683-3669 www.ssqgenerale.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 82,574,000 82,326,000 54,181,000 65.81 Prop. - Commercial................. 3,952,000 3,747,000 2,422,000 64.64 Prop - Total ............................ 86,526,000 86,073,000 56,603,000 65.76 Auto. - Liability........................ 53,304,000 51,462,000 32,275,000 62.72 268,000 23.89 Auto. - Pers. Acc..................... 1,262,000 1,122,000 Auto. - Other............................ 67,266,000 74,173,000 55,872,000 75.33 Auto - Total ............................. 121,832,000 126,757,000 88,415,000 69.75 Liability.................................... 3,659,000 2,264,000 61.87 ——————— ——————— ——————— ————— Total 2015............................... 208,358,000 216,489,000 147,282,000 68.03 Total 2014................................ 213,754,000 214,504,000 140,568,000 65.53 Total 2013................................ 203,094,000 202,513,000 134,505,000 66.42 Total 2012................................ 191,925,000 182,512,000 114,586,000 62.78 210,240,000 160,777,000 105,245,000 65.46 Total 2011................................

2015 Direct Premiums Written: +214,277,000 Growth: –2.40% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. 616,000 Reinsurance Ceded................................ 6,535,000 Net Premiums Written........................ 208,358,000 Net Premiums Earned........................ 216,489,000 Net Claims & Adj Exp......................... 147,282,000 Commissions.......................................... 7,631,000 Taxes...................................................... 7,570,000 General Expenses................................ 51,879,000 Undwrwtg. Profit/Loss........................... 2,127,000 Investment Income................................. 5,527,000

Growth Rate (NPW)................................... –2.52 % of Market (NPW)..................................... 0.46 Earned Loss Ratio..................................... 68.03 Total Expense Ratio.................................. 30.99 Combined Loss & Exp. Ratio.................... 99.02 Return on Equity......................................... 5.11

Underwriting Result

2015: +$2,127,000 2014: +$9,062,000 2013: +$6,297,000 2012: +$12,970,000 2011: +$9,105,000

STEWART TITLE GUARANTY COMPANY

D-US

Royal Bank Plaza, North Tower 200 Bay St, Suite 2600 Toronto ON M5J 2J2 416-307-3300 Fax:416-307-3305 www.stewart.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Title.......................................... 104,294,000 104,294,000 27,322,000 26.20 ——————— ——————— ——————— ————— Total 2015............................... 104,294,000 104,294,000 27,322,000 26.20 Total 2014................................ 95,066,000 95,066,000 28,875,000 30.37 91,548,000 91,548,000 17,695,000 19.33 Total 2013................................ Total 2012................................ 91,741,000 91,741,000 14,385,000 15.68 Total 2011................................ 79,852,000 79,852,000 16,934,000 21.21

2015 Direct Premiums Written: +104,294,000 Growth: 9.71% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................................ Net Premiums Written........................ 104,294,000 Net Premiums Earned........................ 104,294,000 Net Claims & Adj Exp........................... 27,322,000 Commissions.......................................................... Taxes...................................................... 3,272,000 General Expenses................................ 52,775,000 Undwrwtg. Profit/Loss......................... 20,925,000 Investment Income................................. 2,697,000

Underwriting Result

Growth Rate (NPW)..................................... 9.71 % of Market (NPW)..................................... 0.23 Earned Loss Ratio..................................... 26.20 Total Expense Ratio.................................. 53.74 Combined Loss & Exp. Ratio.................... 79.94 Return on Equity....................................... 15.60

2015: +$20,925,000 2014: +$13,456,000 2012: +$26,439,000 2011: +$21,629,000

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 99

2013: +$22,343,000

2016-06-06 3:35 PM

THE SOVEREIGN GENERAL INSURANCE COMPANY B-C Kathy Bardswick, President & Chief Executive Officer 130 MacDonell St PO Box 3608 Guelph ON N1H 6P8 519-767-3082 Fax:519-824-0599 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 5,859,000 6,633,000 3,915,000 59.02 Prop. - Commercial................. 120,791,000 119,547,000 84,132,000 70.38 Prop - Total ............................ 126,650,000 126,180,000 88,047,000 69.78 Aircraft..................................... 1,000 0.00 33,086,000 30,838,000 29,273,000 94.93 Auto. - Liability........................ Auto. - Pers. Acc..................... 7,955,000 8,050,000 3,626,000 45.04 Auto. - Other............................ 25,876,000 22,546,000 16,038,000 71.13 Auto - Total ............................. 66,917,000 61,434,000 48,937,000 79.66 Boiler/Mach-excld................... 8,008,000 5,750,000 1,403,000 24.40 Fidelity..................................... 449,000 395,000 33,000 8.35 Liability.................................... 92,526,000 91,051,000 46,875,000 51.48 Surety...................................... 8,114,000 8,238,000 1,265,000 15.36 Marine...................................... 16,641,000 16,386,000 11,848,000 72.31 ——————— ——————— ——————— ————— Total 2015............................... 319,305,000 309,434,000 198,409,000 64.12 Total 2014................................ 296,817,000 298,096,000 180,356,000 60.50 Total 2013................................ 285,994,000 276,950,000 175,337,000 63.31 Total 2012................................ 260,717,000 256,925,000 140,426,000 54.66 Total 2011................................ 253,531,000 233,820,000 119,772,000 51.22

2015 Direct Premiums Written: +334,545,000 Growth: 3.95% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 13,472,000 Reinsurance Ceded.............................. 28,712,000 Net Premiums Written........................ 319,305,000 Net Premiums Earned........................ 309,434,000 Net Claims & Adj Exp......................... 198,409,000 Commissions........................................ 73,172,000 Taxes.................................................... 11,907,000 General Expenses................................ 36,654,000 Undwrwtg. Profit/Loss......................... –9,808,000 Investment Income............................... 17,860,000

Growth Rate (NPW)..................................... 7.58 % of Market (NPW)..................................... 0.71 Earned Loss Ratio..................................... 64.12 Total Expense Ratio.................................. 39.34 Combined Loss & Exp. Ratio.................. 103.46 Return on Equity......................................... 3.20

Underwriting Result

2015: –$9,808,000 2014: +$3,069,000 2013: –$3,642,000 2012: +$14,464,000 2011: +$17,440,000

TD INSURANCE, GENERAL INSURANCE SECURITY NATIONAL INSURANCE COMPANY PRIMMUM INSURANCE COMPANY TD GENERAL INSURANCE COMPANY TD DIRECT INSURANCE INC TD HOME AND AUTO INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 913,761,000 885,301,000 422,751,000 47.75 Prop - Total ............................ 913,761,000 885,301,000 422,751,000 47.75 Auto. - Liability........................ 1,130,630,000 1,104,807,000 839,181,000 75.96 Auto. - Pers. Acc..................... 395,981,000 421,911,000 571,941,000 135.56 530,899,000 527,974,000 449,650,000 85.17 Auto. - Other............................ Auto - Total ............................. 2,057,510,000 2,054,692,000 1,860,772,000 90.56 Liability.................................... 15,397,000 15,397,000 10,058,000 65.32 ——————— ——————— ——————— ————— Total 2015............................... 2,986,668,000 2,955,390,000 2,293,581,000 77.61 Total 2014................................ 2,915,195,000 2,861,836,000 2,399,324,000 83.84 Total 2013................................ 2,839,453,000 2,730,375,000 2,645,221,000 96.88 Total 2012................................ 2,646,002,000 2,563,041,000 2,103,351,000 82.06 2,519,036,000 2,417,427,000 1,851,146,000 76.58 Total 2011................................

B-C

Kenneth W Lalonde, President & Chief Executive Officer 50 Place Cremazie Montréal QC H2P 1B6 www.tdinsurance.com service@tdinsurance.com

2015 Direct Premiums Written: +3,073,905,000 Growth: 2.25% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 87,237,000 Net Premiums Written..................... 2,986,668,000 Net Premiums Earned..................... 2,955,390,000 Net Claims & Adj Exp...................... 2,293,581,000 Commissions...................................... 483,991,000 Taxes.................................................. 100,301,000 General Expenses.............................. 288,879,000 Undwrwtg. Profit/Loss......................-211,362,000 Investment Income............................. 183,110,000

Underwriting Result

2015: +$211,362,000 2012: –$152,509,000

Growth Rate (NPW)..................................... 2.45 % of Market (NPW)..................................... 6.66 Earned Loss Ratio..................................... 77.61 Total Expense Ratio.................................. 29.55 Combined Loss & Exp. Ratio.................. 107.16 Return on Equity....................................... –1.31

2014: –$289,912,000 2011: +$14,564,000

TEMPLE INSURANCE COMPANY

2013: –$624,762,000

D-C

Philipp Wassenberg, President & Chief Executive Officer 390 Bay St., 22nd Floor Toronto ON M5H 2Y2 416-364-2851 Fax:416-361-1163 www.templeinsurance.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 30,689,000 30,668,000 26,116,000 85.16 30,689,000 30,668,000 26,116,000 85.16 Prop - Total ............................ Aircraft..................................... –1,000 –1,000 241,000 –24,100.00 Auto. - Other............................ 395,000 0.00 Auto - Total ............................. 0 0 395,000 Boiler/Mach-excld................... 16,000 –33,000 –95,000 287.88 Liability.................................... 72,902,000 74,315,000 49,448,000 66.54 Surety...................................... –7,000 0.00 Marine...................................... –23,000 0.00 Accident & Sickness................ –1,000 0.00 ——————— ——————— ——————— ————— Total 2015............................... 103,606,000 105,192,000 76,074,000 72.32 Total 2014................................ 105,243,000 103,621,000 65,564,000 63.27 Total 2013................................ 102,198,000 102,425,000 68,541,000 66.92 Total 2012................................ 100,115,000 99,225,000 60,767,000 61.24 Total 2011................................ 92,320,000 98,044,000 66,624,000 67.95

100

64-107_2016 Stat Issue Cdn Underwriters.indd 100

2015 Direct Premiums Written: +180,800,000 Growth: –0.77% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 77,194,000 Net Premiums Written........................ 103,606,000 Net Premiums Earned........................ 105,192,000 Net Claims & Adj Exp........................... 76,074,000 Commissions........................................ 21,703,000 Taxes...................................................... 5,833,000 General Expenses................................ 11,835,000 Undwrwtg. Profit/Loss....................... –10,253,000 Investment Income............................... 15,478,000

Growth Rate (NPW)................................... –1.56 % of Market (NPW)..................................... 0.23 Earned Loss Ratio..................................... 72.32 Total Expense Ratio.................................. 37.43 Combined Loss & Exp. Ratio.................. 109.75 Return on Equity......................................... 2.72

Underwriting Result

2015: –$10,253,000 2014: –$2,385,000 2013: +$247,000 2012: +$1,327,000 2011: –$7,803,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

Open minds. Understand Risk. Change is ongoing and the pace is accelerating. Client needs are changing as well. At Sovereign we recognize the importance of providing risk solutions that enable businesses to adapt and thrive through change. Leveraging a set of diverse capabilities across our organization we focus on delivering innovative solutions for brokers and clients. As a Canadian-domiciled insurer, we are proud to be your trusted partner focused on achieving success for Canadian businesses. Thank you for your support in 2015!

Peter Primdahl (left) VP, Specialty Operations Direct 416-673-5071 peter.primdahl@sovgen.com

SOVEREIGN

Herb Cline VP, Commercial Operations Direct 519-829-9844 herb.cline@sovgen.com sovereigngeneral.com

CANADIAN UNDERWRITER STATISTICALâ&#x20AC;&#x2C6;ISSUE 2016

64-107_2016 Stat Issue Cdn Underwriters.indd 101

101

2016-06-06 3:35 PM

TOKIO MARINE & NICHIDO FIRE INSURANCE CO., LTD. Craig Pinnock, Chief Agent

B-F

105 Adelaide St. W., P.O. Box 219A Toronto ON M5H 1P9 416-350-4400 Fax:416-350-4412

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 245,000 246,000 106,000 43.09 Prop. - Commercial................. 13,238,000 13,098,000 5,008,000 38.23 Prop - Total ............................ 13,483,000 13,344,000 5,114,000 38.32 Aircraft..................................... 5,716,000 5,529,000 3,397,000 61.44 Auto. - Liability........................ 4,520,000 4,246,000 4,307,000 101.44 Auto. - Pers. Acc..................... 1,655,000 1,624,000 815,000 50.18 Auto. - Other............................ 2,310,000 2,237,000 2,272,000 101.56 Auto - Total ............................. 8,485,000 8,107,000 7,394,000 91.21 Boiler/Mach-excld................... 254,000 251,000 14,000 5.58 Fidelity..................................... 109,000 108,000 1,277,000 1,182.41 Liability.................................... 3,238,000 3,258,000 592,000 18.17 Marine...................................... 728,000 569,000 237,000 41.65 ——————— ——————— ——————— ————— Total 2015............................... 32,013,000 31,166,000 18,025,000 57.84 Total 2014................................ 32,292,000 29,962,000 13,957,000 46.58 Total 2013................................ 29,422,000 28,004,000 13,900,000 49.64 Total 2012................................ 27,303,000 27,534,000 13,596,000 49.38 Total 2011................................ 25,460,000 24,680,000 12,129,000 49.15

2015 Direct Premiums Written: +31,239,000 Growth: 2.97% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 9,082,000 Reinsurance Ceded................................ 8,480,000 Net Premiums Written.......................... 32,013,000 Net Premiums Earned.......................... 31,166,000 Net Claims & Adj Exp........................... 18,025,000 Commissions.......................................... 4,158,000 Taxes......................................................... 938,000 General Expenses.................................. 6,100,000 Undwrwtg. Profit/Loss........................... 1,953,000 Investment Income................................. 1,217,000

Growth Rate (NPW)................................... –0.86 % of Market (NPW)..................................... 0.07 Earned Loss Ratio..................................... 57.84 Total Expense Ratio.................................. 35.92 Combined Loss & Exp. Ratio.................... 93.76 Return on Equity......................................... 4.01

Underwriting Result

2015: +$1,953,000 2014: +$5,414,000 2013: +$4,281,000 2012: +$4,058,000 2011: +$3,717,000

TRAVELERS CANADA

B-C

THE DOMINION OF CANADA GENERAL INSURANCE COMPANY ST. PAUL FIRE & MARINE INSURANCE COMPANY TRAVELERS INSURANCE COMPANY OF CANADA

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 293,376,000 295,734,000 139,362,000 47.12 168,975,000 164,375,000 113,827,000 69.25 Prop. - Commercial................. Prop - Total ............................ 462,351,000 460,109,000 253,189,000 55.03 Aircraft..................................... –8,000 0.00 Auto. - Liability........................ 352,131,000 362,721,000 254,226,000 70.09 Auto. - Pers. Acc..................... 171,753,000 184,009,000 162,484,000 88.30 170,784,000 176,850,000 137,923,000 77.99 Auto. - Other............................ Auto - Total ............................. 694,668,000 723,580,000 554,633,000 76.65 Boiler/Mach-excld................... 2,460,000 2,492,000 1,126,000 45.18 Fidelity..................................... 9,202,000 9,095,000 –329,000 –3.62 Liability.................................... 155,211,000 159,562,000 34,808,000 21.81 76,697,000 68,560,000 12,656,000 18.46 Surety...................................... Title.......................................... 8,000,000 0.00 Marine...................................... 9,068,000 10,632,000 5,870,000 55.21 ——————— ——————— ——————— ————— Total 2015............................... 1,409,657,000 1,434,030,000 861,953,000 60.11 1,452,587,000 1,489,993,000 1,001,821,000 67.24 Total 2014................................ Total 2013................................ 1,441,421,000 1,448,864,000 958,573,000 66.16 Total 2012................................ 1,474,758,000 1,491,918,000 967,325,000 64.84 Total 2011................................ 1,509,113,000 1,521,057,000 1,058,424,000 69.58

Duane Sanders, President & Chief Executive Officer 165 University Ave Toronto ON M5H 3B9 416-362-7231 Fax:416-362-9918 www.travelerscanada.ca

2015 Direct Premiums Written: +1,486,191,000 Growth: –5.38% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 11,666,000 Reinsurance Ceded.............................. 88,225,000 Net Premiums Written..................... 1,409,657,000 Net Premiums Earned..................... 1,434,030,000 Net Claims & Adj Exp......................... 869,153,000 Commissions...................................... 259,052,000 Taxes.................................................... 49,174,000 General Expenses.............................. 259,092,000 Undwrwtg. Profit/Loss......................... 17,000,000 Investment Income............................. 104,596,000

Growth Rate (NPW)................................... –2.96 % of Market (NPW)..................................... 3.14 Earned Loss Ratio..................................... 60.61 Total Expense Ratio.................................. 39.56 Combined Loss & Exp. Ratio.................. 100.17 Return on Equity......................................... 5.90

Underwriting Result

2015: +$17,000,000 2014: –$45,754,000 2013: –$44,506,000 2012: +$8,606,000 2011: –$36,684,000

TRISURA GUARANTEE INSURANCE COMPANY

B-C

Michael George, President & Chief Executive Officer Bay Adelaide Centre 333 Bay St Suite 1610, Box 22 Toronto ON M5H 2R2 416-214-2555 www.trisura.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 333,000 294,000 148,000 50.34 Prop - Total ............................ 333,000 294,000 148,000 50.34 Boiler/Mach-excld................... 164,000 164,000 –4,000 –2.44 Boiler/Mach-equip................... 19,935,000 14,599,000 2,469,000 16.91 Fidelity..................................... 2,250,000 2,198,000 65,000 2.96 Liability.................................... 21,037,000 19,492,000 5,656,000 29.02 Surety...................................... 28,440,000 27,848,000 4,843,000 17.39 ——————— ——————— ——————— ————— Total 2015............................... 72,159,000 64,595,000 13,177,000 20.40 Total 2014................................ 63,423,000 55,501,000 9,653,000 17.39 Total 2013................................ 55,502,000 47,881,000 11,146,000 23.28 Total 2012................................ 46,334,000 40,612,000 11,651,000 28.69 Total 2011................................ 39,531,000 33,326,000 8,802,000 26.41

2015 Direct Premiums Written: +103,634,000 Growth: 14.36% 2015 Underwriting Performance Summary %

Reinsurance Assumed.............................. 239,000 Reinsurance Ceded.............................. 31,983,000 Net Premiums Written.......................... 72,159,000 Net Premiums Earned.......................... 64,595,000 Net Claims & Adj Exp........................... 13,177,000 Commissions........................................ 20,560,000 Taxes...................................................... 3,083,000 General Expenses................................ 21,181,000 Undwrwtg. Profit/Loss........................... 9,434,000 Investment Income................................. 2,422,000

Growth Rate (NPW)................................... 13.77 % of Market (NPW)..................................... 0.16 Earned Loss Ratio..................................... 20.40 Total Expense Ratio.................................. 69.39 Combined Loss & Exp. Ratio.................... 89.79 Return on Equity....................................... 14.59

Underwriting Result

2015: +$9,434,000 2014: +$7,857,000 2013: +$5,768,000 2012: +$4,502,000 2011: +$4,794,000

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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

TRITON INSURANCE

D-F Henryka Anderson, Chief Agent 355 Wellington St London ON N6A 3N7 519-680-4738 Fax:866-897-8985

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 9,442,000 9,915,000 3,361,000 33.90 Prop - Total ............................ 9,442,000 9,915,000 3,361,000 33.90 Fidelity..................................... 48,000 48,000 Liability.................................... 13,000 0.00 8,647,000 28.85 Accident & Sickness................ 27,738,000 29,973,000 ——————— ——————— ——————— ————— Total 2015............................... 37,228,000 39,936,000 12,021,000 30.10 Total 2014................................ 36,445,000 38,935,000 8,451,000 21.71 Total 2013................................ 40,874,000 41,100,000 8,122,000 19.76 Total 2012................................ 44,424,000 43,564,000 9,303,000 21.35 Total 2011................................ 25,514,000 41,415,000 9,575,000 23.12

2015 Direct Premiums Written: +37,228,000 Growth: 2.15% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................................ Net Premiums Written.......................... 37,228,000 Net Premiums Earned.......................... 39,936,000 Net Claims & Adj Exp........................... 12,021,000 Commissions................................................. 9,000 Taxes...................................................... 1,042,000 General Expenses.................................. 5,706,000 Undwrwtg. Profit/Loss......................... 21,158,000 Investment Income................................. 5,548,000

Growth Rate (NPW)..................................... 2.15 % of Market (NPW)..................................... 0.08 Earned Loss Ratio..................................... 30.10 Total Expense Ratio.................................. 16.92 Combined Loss & Exp. Ratio.................... 47.02 Return on Equity....................................... 16.05

Underwriting Result

2015: +$21,158,000 2014: +$25,314,000 2012: +$28,420,000 2011: +$27,777,000

UNICA INSURANCE INC.

2013: +$27,239,000

B-C Martin Delage, President & COO 7150 Derrycrest Dr Mississauga ON L5W 0E5 905-677-9777 Fax:905-795-0887

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 32,811,000 31,864,000 16,686,000 52.37 Prop. - Commercial................. 10,832,000 9,973,000 5,276,000 52.90 Prop - Total ............................ 43,643,000 41,837,000 21,962,000 52.49 Auto. - Liability........................ 32,530,000 30,757,000 18,999,000 61.77 8,435,000 8,069,000 6,773,000 83.94 Auto. - Pers. Acc..................... Auto. - Other............................ 28,672,000 31,250,000 24,454,000 78.25 Auto - Total ............................. 69,637,000 70,076,000 50,226,000 71.67 Legal Expense......................... 705,000 705,000 396,000 56.17 Liability.................................... 4,128,000 3,545,000 3,292,000 92.86 728,000 728,000 132,000 18.13 Surety...................................... ——————— ——————— ——————— ————— Total 2015............................... 118,841,000 116,891,000 76,008,000 65.02 Total 2014................................ 107,643,000 107,177,000 71,814,000 67.01 Total 2013................................ 93,495,000 96,787,000 64,828,000 66.98 Total 2012................................ 88,030,000 97,920,000 59,823,000 61.09 86,055,000 68.51 Total 2011................................ 107,126,000 125,601,000

2015 Direct Premiums Written: +125,831,000 Growth: 9.70% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 81,738,000 Reinsurance Ceded.............................. 88,728,000 Net Premiums Written........................ 118,841,000 Net Premiums Earned........................ 116,891,000 Net Claims & Adj Exp........................... 76,008,000 Commissions........................................ 20,869,000 Taxes...................................................... 3,763,000 General Expenses................................ 15,467,000 Undwrwtg. Profit/Loss........................... 3,430,000 Investment Income................................. 7,887,000

Growth Rate (NPW)................................... 10.40 % of Market (NPW)..................................... 0.26 Earned Loss Ratio..................................... 65.02 Total Expense Ratio.................................. 34.30 Combined Loss & Exp. Ratio.................... 99.32 Return on Equity......................................... 8.38

Underwriting Result

2015: +$3,430,000 2014: –$480,000 2013: –$3,084,000 2012: +$4,084,000 2011: –$4,260,000

L’UNIQUE COMPAGNIE D’ASSURANCES B-C GENERALES Mario Cusson, President et chef de l’exploitation 625 Saint-Amable Québec QC G1R 2G5 418-683-2711 Fax:418-688-9684 mario.cusson@lunique.qc.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 54,897,000 52,896,000 27,942,000 52.82 Prop. - Commercial................. 19,993,000 19,348,000 9,387,000 48.52 Prop - Total ............................ 74,890,000 72,244,000 37,329,000 51.67 Auto. - Liability........................ 42,744,000 41,726,000 22,351,000 53.57 Auto. - Pers. Acc..................... 5,175,000 5,133,000 3,846,000 74.93 Auto. - Other............................ 51,272,000 49,712,000 39,906,000 80.27 Auto - Total ............................. 99,191,000 96,571,000 66,103,000 68.45 Legal Expense......................... 1,056,000 1,056,000 577,000 54.64 Liability.................................... –3,974,000 3,050,000 3,000,000 98.36 Surety...................................... 1,929,000 2,301,000 817,000 35.51 ——————— ——————— ——————— ————— Total 2015............................... 173,092,000 175,222,000 107,826,000 61.54 Total 2014................................ 175,853,000 159,765,000 103,158,000 64.57 Total 2013................................ 157,494,000 142,897,000 92,660,000 64.84 Total 2012................................ 141,302,000 126,227,000 74,791,000 59.25 Total 2011................................ 123,386,000 111,426,000 64,742,000 58.10

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

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2015 Direct Premiums Written: +180,905,000 Growth: –2.09% 2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 113,166,000 Reinsurance Ceded............................ 120,979,000 Net Premiums Written........................ 173,092,000 Net Premiums Earned........................ 175,222,000 Net Claims & Adj Exp......................... 107,826,000 Commissions........................................ 76,170,000 Taxes...................................................... 6,143,000 General Expenses................................ 25,378,000 Undwrwtg. Profit/Loss........................... 7,869,000 Investment Income................................. 5,196,000

Growth Rate (NPW)................................... –1.57 % of Market (NPW)..................................... 0.39 Earned Loss Ratio..................................... 61.54 Total Expense Ratio.................................. 61.46 Combined Loss & Exp. Ratio.................. 123.00 Return on Equity....................................... 13.26

Underwriting Result

2015: +$7,869,000 2014: +$1,081,000 2013: –$2,134,000 2012: +$6,278,000 2011: +$6,532,000

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2016-06-06 3:35 PM

THE WAWANESA MUTUAL INSURANCE COMPANY B-C S Jeffrey Goy, President & Chief Executive Officer 191 Broadway Winnipeg MB R3C 3P1 204-985-3923 Fax:204-942-7724 www.wawanesa.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 835,467,000 809,369,000 495,195,000 61.18 Prop. - Commercial................. 183,535,000 171,911,000 104,725,000 60.92 Prop - Total ............................ 1,019,002,000 981,280,000 599,920,000 61.14 Auto. - Liability........................ 562,629,000 551,445,000 433,623,000 78.63 Auto. - Pers. Acc..................... 163,046,000 166,010,000 141,655,000 85.33 Auto. - Other............................ 385,624,000 389,968,000 284,528,000 72.96 Auto - Total ............................. 1,111,299,000 1,107,423,000 859,806,000 77.64 Boiler/Mach-excld................... –9,000 –4,000 90,000 –2,250.00 Liability.................................... 46,976,000 45,615,000 18,038,000 39.54 ——————— ——————— ——————— ————— Total 2015............................... 2,177,268,000 2,134,314,000 1,477,854,000 69.24 Total 2014................................ 2,070,278,000 2,045,854,000 1,584,024,000 77.43 Total 2013................................ 2,027,851,000 2,030,244,000 1,537,650,000 75.74 Total 2012................................ 2,083,019,000 2,039,766,000 1,501,258,000 73.60 Total 2011................................ 2,002,286,000 1,930,568,000 1,485,946,000 76.97

2015 Direct Premiums Written: +2,272,842,000 Growth: 3.66% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 95,574,000 Net Premiums Written..................... 2,177,268,000 Net Premiums Earned..................... 2,134,314,000 Net Claims & Adj Exp...................... 1,477,854,000 Commissions...................................... 393,916,000 Taxes.................................................... 76,390,000 General Expenses.............................. 187,563,000 Undwrwtg. Profit/Loss......................... 31,471,000 Investment Income............................. 439,040,000

Underwriting Result

Growth Rate (NPW)..................................... 5.17 % of Market (NPW)..................................... 4.85 Earned Loss Ratio..................................... 69.24 Total Expense Ratio.................................. 30.82 Combined Loss & Exp. Ratio.................. 100.06 Return on Equity......................................... 9.30

2015: +$31,471,000 2014: –$111,738,000 2012: –$36,735,000 2011: –$75,726,000

2013: –$92,814,000

WESTERN FINANCIAL INSURANCE

D-C

Rod Cunniam, President/Chief Operating Officer 300-600 Empress St Winnipeg MB R3G 0R5 204-942-2999 www.westernfic.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 51,293,000 51,174,000 30,060,000 58.74 Prop - Total ............................ 51,293,000 51,174,000 30,060,000 58.74 ——————— ——————— ——————— ————— Total 2015............................... 51,293,000 51,174,000 30,060,000 58.74 Total 2014................................ 48,979,000 48,864,000 27,695,000 56.68 Total 2013................................ 46,008,000 45,833,000 25,922,000 56.56 Total 2012................................ 41,747,000 41,334,000 22,480,000 54.39 Total 2011................................ 39,825,000 38,820,000 19,627,000 50.56

2015 Direct Premiums Written: +51,293,000 Growth: 4.72% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................................ Net Premiums Written.......................... 51,293,000 Net Premiums Earned.......................... 51,174,000 Net Claims & Adj Exp........................... 30,060,000 Commissions.......................................... 1,189,000 Taxes...................................................... 1,939,000 General Expenses................................ 14,935,000 Undwrwtg. Profit/Loss........................... 4,115,000 Investment Income.................................... 551,000

Growth Rate (NPW)..................................... 4.72 % of Market (NPW)..................................... 0.11 Earned Loss Ratio..................................... 58.74 Total Expense Ratio.................................. 35.30 Combined Loss & Exp. Ratio.................... 94.04 Return on Equity....................................... 16.89

Underwriting Result

2015: +$4,115,000 2014: +$2,560,000 2013: +$2,062,000 2012: +$2,436,000 2011: +$3,802,000

WESTERN SURETY COMPANY

D-C

Scott W Donald, President & Chief Executive Officer 2100-1881 Scarth St Regina SK S4P 4K9 306-791-3735 Fax:306-359-0929 www.westernsurety.ca sdonald@westernsurety.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Fidelity..................................... 5,000 6,000 Surety...................................... 13,804,000 12,911,000 –266,000 –2.06 ——————— ——————— ——————— ————— Total 2015............................... 13,809,000 12,917,000 –266,000 –2.06 Total 2014................................ 13,669,000 14,516,000 2,315,000 15.95 Total 2013................................ 13,500,000 13,297,000 2,764,000 20.79 Total 2012................................ 13,038,000 13,204,000 106,000 0.80 Total 2011................................ 13,340,000 13,131,000 –50,000 –0.38

2015 Direct Premiums Written: +24,597,000 Growth: 4.05% 2015 Underwriting Performance Summary %

Reinsurance Assumed................................ 40,000 Reinsurance Ceded.............................. 10,828,000 Net Premiums Written.......................... 13,809,000 Net Premiums Earned.......................... 12,917,000 Net Claims & Adj Exp.............................. –266,000 Commissions.......................................... 8,647,000 Taxes......................................................... 478,000 General Expenses.................................. 2,009,000 Undwrwtg. Profit/Loss........................... 2,049,000 Investment Income................................. 1,994,000

Underwriting Result

Growth Rate (NPW)..................................... 1.02 % of Market (NPW)..................................... 0.03 Earned Loss Ratio..................................... –2.06 Total Expense Ratio.................................. 86.20 Combined Loss & Exp. Ratio.................... 84.14 Return on Equity....................................... 12.92

2015: +$2,049,000 2014: +$246,000 2013: 2012: +$3,223,000 2011: +$2,495,000

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–$55,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

SERVICE LINE COVERAGE FOR WATER, POWER, DATA AND COMMUNICATIONS SERVICE LINES Available for our Homeowners, Basic & Special Rented Dwellings and Seasonal Homeowners packages, Service Line Coverage provides coverage for the repair or replacement of damaged service lines on personal property.

Contact your Wawanesa Insurance representative to learn more about our property coverage solutions.

AUTO

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64-107_2016 Stat Issue Cdn Underwriters.indd 105

BUSINESS

FARM

LIFE AND GROUP

wawanesa.com

2016-06-06 3:35 PM

WYNWARD INSURANCE GROUP

B-C

Darryl Levy, President & Chief Executive Officer 1240 One Lombard Place Winnipeg MB R3B 0V9 204-943-0721 Fax:204-943-6419 www.wynward.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 7,574,000 7,571,000 4,304,000 56.85 Prop. - Commercial................. 49,949,000 47,016,000 29,779,000 63.34 Prop - Total ............................ 57,523,000 54,587,000 34,083,000 62.44 Boiler/Mach-excld................... 1,000 2,000 Fidelity..................................... 5,000 5,000 Liability.................................... 17,427,000 16,537,000 4,749,000 28.72 Surety...................................... 143,000 84,000 –1,000 –1.19 ——————— ——————— ——————— ————— Total 2015............................... 75,099,000 71,215,000 38,831,000 54.53 Total 2014................................ 69,447,000 63,031,000 39,342,000 62.42 Total 2013................................ 58,090,000 54,203,000 28,499,000 52.58 Total 2012................................ 50,748,000 46,606,000 19,827,000 42.54 Total 2011................................ 45,863,000 44,167,000 21,895,000 49.57

2015 Direct Premiums Written: +95,268,000 Growth: 10.18% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded.............................. 20,169,000 Net Premiums Written.......................... 75,099,000 Net Premiums Earned.......................... 71,215,000 Net Claims & Adj Exp........................... 38,831,000 Commissions........................................ 15,468,000 Taxes...................................................... 3,625,000 General Expenses................................ 11,141,000 Undwrwtg. Profit/Loss........................... 2,150,000 Investment Income............................... –2,605,000

Growth Rate (NPW)..................................... 8.14 % of Market (NPW)..................................... 0.17 Earned Loss Ratio..................................... 54.53 Total Expense Ratio.................................. 42.45 Combined Loss & Exp. Ratio.................... 96.98 Return on Equity....................................... –0.27

Underwriting Result

2015: +$2,150,000 2014: –$3,067,000 2013: +$1,232,000 2012: +$4,577,000 2011: +$2,397,000

XL SPECIALTY INSURANCE COMPANY

B-UK

David Huebel 100 Yonge St Suite 1200 Toronto ON M5C 2W1 416-644-3339 Fax:416-928-8858 www.xlcatlin.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 22,399,000 22,034,000 25,579,000 116.09 Prop - Total ............................ 22,399,000 22,034,000 25,579,000 116.09 Aircraft..................................... 5,733,000 6,068,000 13,952,000 229.93 Auto. - Liability........................ 1,041,000 1,134,000 618,000 54.50 Auto - Total ............................. 1,041,000 1,134,000 618,000 54.50 Boiler/Mach-excld................... –28,000 73,000 –260.71 Boiler/Mach-equip................... –116,000 Credit....................................... 3,447,000 339,000 62,000 18.29 Liability.................................... 58,187,000 56,223,000 66,165,000 117.68 Surety...................................... 1,653,000 226,000 101,000 44.69 Marine...................................... 1,947,000 1,644,000 2,433,000 147.99 ——————— ——————— ——————— ————— Total 2015............................... 94,407,000 87,524,000 108,983,000 124.52 Total 2014................................ 94,242,000 87,891,000 40,351,000 45.91 90,246,000 90,127,000 93,695,000 103.96 Total 2013................................ Total 2012................................ 90,416,000 91,100,000 58,925,000 64.68 Total 2011................................ 73,717,000 87,938,000 49,496,000 56.29

2015 Direct Premiums Written: +144,282,000 Growth: 0.99% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 2,292,000 Reinsurance Ceded.............................. 52,167,000 Net Premiums Written.......................... 94,407,000 Net Premiums Earned.......................... 87,524,000 Net Claims & Adj Exp......................... 108,983,000 Commissions.......................................... 3,512,000 Taxes...................................................... 5,050,000 General Expenses................................ 28,277,000 Undwrwtg. Profit/Loss....................... –58,398,000 Investment Income................................. 9,214,000

Growth Rate (NPW)..................................... 0.18 % of Market (NPW)..................................... 0.21 Earned Loss Ratio................................... 124.52 Total Expense Ratio.................................. 42.09 Combined Loss & Exp. Ratio.................. 166.61 Return on Equity....................................... –0.15

Underwriting Result

2015: –$58,398,000 2014: +$13,241,000 2012: –$1,347,000 2011: +$9,180,000

ZURICH INSURANCE COMPANY LTD Patrick Lundy, President (CANADIAN BRANCH) First Canadian Place

2013: +$9,214,000

B-F

100 King St W Suite 5500 Toronto ON M5X 1C9 416-586-3000 Fax:416-586-2990 www.zurichcanada.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 268,394,000 286,094,000 173,415,000 60.61 Prop - Total ............................ 268,394,000 286,094,000 173,415,000 60.61 Auto. - Liability........................ 98,408,000 110,424,000 211,142,000 191.21 Auto. - Pers. Acc..................... 16,144,000 16,970,000 4,451,000 26.23 Auto. - Other............................ 38,624,000 42,849,000 28,987,000 67.65 Auto - Total ............................. 153,176,000 170,243,000 244,580,000 143.67 Boiler/Mach-excld................... 19,693,000 18,874,000 16,229,000 85.99 Credit....................................... –12,000 –12,000 Fidelity..................................... 1,603,000 1,629,000 3,981,000 244.38 Liability.................................... 240,672,000 256,857,000 341,223,000 132.85 Other Apprvd. Prod................. 14,000 257,000 5,000 1.95 Surety...................................... –16,000 –552,000 –3,479,000 630.25 Marine...................................... 7,453,000 8,941,000 9,352,000 104.60 Accident & Sickness................ 753,000 753,000 625,000 83.00 ——————— ——————— ——————— ————— Total 2015............................... 691,730,000 743,084,000 785,931,000 105.77 Total 2014................................ 744,723,000 726,391,000 802,784,000 110.52 Total 2013................................ 693,440,000 679,917,000 497,381,000 73.15 Total 2012................................ 641,825,000 641,342,000 426,831,000 66.55 Total 2011................................ 649,716,000 639,906,000 376,132,000 58.78 106

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2015 Direct Premiums Written: +938,531,000 Growth: –4.10% 2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 257,253,000 Reinsurance Ceded............................ 503,043,000 Net Premiums Written........................ 691,730,000 Net Premiums Earned........................ 743,084,000 Net Claims & Adj Exp......................... 785,931,000 Commissions........................................ 69,723,000 Taxes.................................................... 42,179,000 General Expenses.............................. 139,114,000 Undwrwtg. Profit/Loss..................... –272,403,000 Investment Income............................... 58,070,000

Underwriting Result

Growth Rate (NPW)................................... –7.12 % of Market (NPW)..................................... 1.54 Earned Loss Ratio................................... 105.77 Total Expense Ratio.................................. 33.78 Combined Loss & Exp. Ratio.................. 139.55 Return on Equity..................................... –16.77

2015: –$272,403,000 2014: –$256,462,000 2012: +$22,411,000 2011: +$89,987,000

2013: +$11,203,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:35 PM

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2016-06-06 3:35 PM

2015 REINSURANCE COMPANIES RESULTS ALEA (BERMUDA) LTD

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... –1,000 –1,000 –135,000 13,500.00 Prop. - Commercial................. –2,000 0.00 Prop - Total ............................ –1,000 –1,000 –137,000 13,700.00 Auto. - Liability........................ 3,000 3,000 –105,000 –3,500.00 Auto - Total ............................. 3,000 3,000 –105,000 –3,500.00 Liability.................................... 323,000 0.00 ——————— ——————— ——————— ————— Total 2015............................... 2,000 2,000 81,000 4,050.00 Total 2014................................ 50,000 50,000 –3,252,000 –6,504.00 Total 2013................................ 62,000 63,000 –297,000 –471.43 Total 2012................................ 44,000 45,000 267,000 593.33 Total 2011................................ 4,000 7,000 –214,000 –3,057.14

H. Steven Frye, Chief Agent 200 University Ave, 14th Floor Toronto ON M5H 3C6 416-368-7790, Ext 234 Fax:416-368-0886 sfrye@cwcagroup.com

R-F

2015 Underwriting Performance Summary %

Reinsurance Assumed.................................. 2,000 Reinsurance Ceded................................................ Net Premiums Written................................... 2,000 Net Premiums Earned................................... 2,000 Net Claims & Adj Exp.................................. 81,000 Commissions............................................. –15,000 Taxes...................................................................... General Expenses..................................... 375,000 Undwrwtg. Profit/Loss............................ –439,000 Investment Income.................................... 639,000

Growth Rate (NPW)................................. –96.00 % of Market (NPW)..................................... 0.00 Earned Loss Ratio................................ 4,050.00 Total Expense Ratio........................... 18,000.00 Combined Loss & Exp. Ratio............. 22,050.00 Return on Equity......................................... 4.96

Underwriting Result

2015: –$439,000 2014: +$2,929,000 2013: 2012: –$578,000 2011: –$203,000

ASPEN INSURANCE UK LIMITED

+$10,000

R-UK

Scotia Plaza 2100 40 King St W Toronto ON M5H 3C2

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 12,459,000 10,619,000 6,166,000 58.07 Prop - Total ............................ 12,459,000 10,619,000 6,166,000 58.07 Aircraft..................................... –19,000 –11,000 –442,000 4,018.18 Auto. - Liability........................ 152,000 211,000 –2,716,000 –1,287.20 Auto - Total ............................. 152,000 211,000 –2,716,000 –1,287.20 Liability.................................... 190,000 5,177,000 –1,673,000 –32.32 Surety...................................... 645,000 346,000 582,000 168.21 Marine...................................... 156,000 161,000 –310,000 –192.55 ——————— ——————— ——————— ————— Total 2015............................... 13,583,000 16,503,000 1,607,000 9.74 Total 2014................................ 12,622,000 13,322,000 9,926,000 74.51 Total 2013................................ 12,053,000 11,854,000 1,753,000 14.79 Total 2012................................ 9,013,000 8,397,000 8,546,000 101.77 Total 2011................................ 30,810,000 34,048,000 26,754,000 78.58

2015 Direct Premiums Written: +11,329,000 Growth: –44.99% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 34,726,000 Reinsurance Ceded.............................. 32,472,000 Net Premiums Written.......................... 13,583,000 Net Premiums Earned.......................... 16,503,000 Net Claims & Adj Exp............................. 1,607,000 Commissions.......................................... 2,413,000 Taxes...................................................................... General Expenses.................................. 1,948,000 Undwrwtg. Profit/Loss......................... 10,535,000 Investment Income................................. 2,867,000

Growth Rate (NPW)..................................... 7.61 % of Market (NPW)..................................... 0.03 Earned Loss Ratio....................................... 9.74 Total Expense Ratio.................................. 26.43 Combined Loss & Exp. Ratio.................... 36.17 Return on Equity......................................... 4.02

Underwriting Result

2015: +$10,535,000 2014: +$2,824,000 2013: +$5,038,000 2012: –$6,751,000 2011: –$2,037,000

AXIS REINSURANCE COMPANY R-F Darin Scanzano, Executive Vice-President & Chief Agent (CANADIAN BRANCH) 70 York St Suite 1010 Toronto ON M5J 1S9 416-361-7200 Fax:416-361-7225 www.axiscapital.com/canada Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 4,808,000 8,147,000 2,317,000 28.44 Prop - Total ............................ 4,808,000 8,147,000 2,317,000 28.44 Boiler/Mach-excld................... –148,000 181,000 520,000 287.29 Fidelity..................................... 617,000 726,000 242,000 33.33 Liability.................................... 28,315,000 29,043,000 19,342,000 66.60 Surety...................................... 1,712,000 1,805,000 –356,000 –19.72 Accident & Sickness................ 1,638,000 1,304,000 386,000 29.60 ——————— ——————— ——————— ————— Total 2015............................... 36,942,000 41,206,000 22,451,000 54.48

2015 Direct Premiums Written: +59,112,000 Growth: 0.00% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 14,972,000 Reinsurance Ceded.............................. 37,142,000 Net Premiums Written.......................... 36,942,000 Net Premiums Earned.......................... 41,206,000 Net Claims & Adj Exp........................... 22,451,000 Commissions............................................. –37,000 Taxes...................................................... 2,103,000 General Expenses................................ 13,339,000 Undwrwtg. Profit/Loss........................... 3,350,000 Investment Income................................. 1,320,000

Growth Rate (NPW)..................................... 0.00 % of Market (NPW)..................................... 0.08 Earned Loss Ratio..................................... 54.48 Total Expense Ratio.................................. 37.39 Combined Loss & Exp. Ratio.................... 91.87 Return on Equity....................................... 11.23

Underwriting Result

2015: +$3,350,000

108

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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:37 PM

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inspress full page JUN2015 FINAL.indd 1 108-121_2016 Stat Issue Reinsurance.indd 109

16-05-19 12:00 PM 2016-06-06 3:37 PM

CAISSE CENTRALE DE REASSURANCE

R-F

Pierre Dionne, Senior Vice President & Chief Agent 150 York St Suite 1010 Toronto ON M5H 3S5 416-644-0821 Fax:416-644-0822 www.ccr.fr pdionne@ccr.fr Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 8,929,000 8,912,000 2,927,000 32.84 Prop. - Commercial................. 10,111,000 9,425,000 4,610,000 48.91 Prop - Total ............................ 19,040,000 18,337,000 7,537,000 41.10 Aircraft..................................... –20,000 0.00 Auto. - Liability........................ 4,579,000 4,473,000 7,304,000 163.29 Auto. - Pers. Acc..................... 2,255,000 2,192,000 3,377,000 154.06 Auto. - Other............................ 2,318,000 2,211,000 232,000 10.49 Auto - Total ............................. 9,152,000 8,876,000 10,913,000 122.95 Boiler/Mach-excld................... 313,000 313,000 –21,000 –6.71 Fidelity..................................... 315,000 315,000 –89,000 –28.25 Hail.......................................... 84,000 84,000 Liability.................................... 8,828,000 9,533,000 6,807,000 71.40 Surety...................................... 2,247,000 2,092,000 462,000 22.08 Marine...................................... 210,000 210,000 –42,000 –20.00 Accident & Sickness................ 950,000 950,000 446,000 46.95 ——————— ——————— ——————— ————— Total 2015............................... 41,139,000 40,710,000 25,993,000 63.85 Total 2014................................ 41,240,000 40,243,000 19,837,000 49.29 Total 2013................................ 39,467,000 42,949,000 32,406,000 75.45 Total 2012................................ 48,931,000 50,868,000 36,819,000 72.38 Total 2011................................ 50,183,000 52,656,000 44,794,000 85.07

2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 44,249,000 Reinsurance Ceded................................ 3,110,000 Net Premiums Written.......................... 41,139,000 Net Premiums Earned.......................... 40,710,000 Net Claims & Adj Exp........................... 25,993,000 Commissions.......................................... 7,959,000 Taxes......................................................... 232,000 General Expenses.................................. 3,557,000 Undwrwtg. Profit/Loss........................... 2,969,000 Investment Income................................. 6,692,000

Growth Rate (NPW)................................... –0.24 % of Market (NPW)..................................... 0.09 Earned Loss Ratio..................................... 63.85 Total Expense Ratio.................................. 28.86 Combined Loss & Exp. Ratio.................... 92.71 Return on Equity......................................... 9.20

Underwriting Result

2015: +$2,969,000 2014: +$10,682,000 2012: –$1,374,000 2011: –$7,108,000

EVEREST REINSURANCE COMPANY

2013: –$1,246,000

R-US

Russell Lewis, Chief Agent The Exchange Tower, P.O. Box 431 130 King St. W., Suite 2520 Toronto ON M5X 1E3 416-862-1228 Fax:416-366-5899 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 6,042,000 6,101,000 269,000 4.41 Prop. - Commercial................. 16,377,000 17,737,000 5,095,000 28.73 Prop - Total ............................ 22,419,000 23,838,000 5,364,000 22.50 Aircraft..................................... 92,000 92,000 2,000 2.17 Auto. - Liability........................ 3,375,000 3,549,000 –12,438,000 –350.46 Auto. - Pers. Acc..................... 2,577,000 2,644,000 86,000 3.25 Auto - Total ............................. 5,952,000 6,193,000 –12,352,000 –199.45 Boiler/Mach-excld................... 262,000 306,000 Credit....................................... –172,000 0.00 Fidelity..................................... 141,000 373,000 –430,000 –115.28 Hail.......................................... 2,419,000 2,327,000 352,000 15.13 Liability.................................... 19,564,000 19,721,000 –13,933,000 –70.65 Mortgage................................. 1,360,000 1,360,000 546,000 40.15 Surety...................................... 1,662,000 1,899,000 –1,263,000 –66.51 Marine...................................... 303,000 322,000 Accident & Sickness................ 85,000 66,000 –204,000 –309.09 ——————— ——————— ——————— ————— Total 2015............................... 54,259,000 56,497,000 –22,090,000 –39.10 Total 2014................................ 61,267,000 61,295,000 –28,336,000 –46.23 Total 2013................................ 62,495,000 66,048,000 23,254,000 35.21 Total 2012................................ 68,359,000 96,927,000 59,902,000 61.80 Total 2011................................ 154,352,000 148,814,000 103,210,000 69.36

2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 201,863,000 Reinsurance Ceded............................ 147,604,000 Net Premiums Written.......................... 54,259,000 Net Premiums Earned.......................... 56,497,000 Net Claims & Adj Exp......................... –22,090,000 Commissions.......................................... 7,435,000 Taxes...................................................................... General Expenses.................................. 9,378,000 Undwrwtg. Profit/Loss......................... 61,774,000 Investment Income............................... 17,587,000

Growth Rate (NPW)................................. –11.44 % of Market (NPW)..................................... 0.12 Earned Loss Ratio................................... –39.10 Total Expense Ratio.................................. 29.76 Combined Loss & Exp. Ratio.....................-9.34 Return on Equity....................................... 12.65

Underwriting Result

2015: +$61,774,000 2014: +$72,243,000 2012: +$13,118,000 2011: +$5,166,000

FARM MUTUAL REINSURANCE PLAN

2013: +$27,131,000

R-C

G.S. (Steve) Smith, President 350 Pinebush Rd, PO Box 3428 Cambridge ON N3H 4T3 519-740-6415 Fax:519-740-8852 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 79,541,000 82,705,000 66,783,000 80.75 Prop - Total ............................ 79,541,000 82,705,000 66,783,000 80.75 Auto. - Liability........................ 38,242,000 37,732,000 34,890,000 92.47 Auto - Total ............................. 38,242,000 37,732,000 34,890,000 92.47 16,000 3.87 Boiler/Mach-excld................... 413,000 413,000 Liability.................................... 13,779,000 14,081,000 –16,516,000 –117.29 Accident & Sickness................ 33,000 33,000 –3,000 –9.09 ——————— ——————— ——————— ————— Total 2015............................... 132,008,000 134,964,000 85,170,000 63.11 Total 2014................................ 133,120,000 133,175,000 91,999,000 69.08 Total 2013................................ 135,476,000 138,787,000 82,204,000 59.23 Total 2012................................ 141,183,000 142,422,000 74,623,000 52.40 Total 2011................................ 119,007,000 113,090,000 101,034,000 89.34

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2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 165,888,000 Reinsurance Ceded.............................. 33,880,000 Net Premiums Written........................ 132,008,000 Net Premiums Earned........................ 134,964,000 Net Claims & Adj Exp........................... 85,170,000 Commissions........................................ 12,050,000 Taxes...................................................................... General Expenses................................ 10,257,000 Undwrwtg. Profit/Loss......................... 27,487,000 Investment Income............................... 12,602,000

Underwriting Result

Growth Rate (NPW)................................... –0.84 % of Market (NPW)..................................... 0.29 Earned Loss Ratio..................................... 63.11 Total Expense Ratio.................................. 16.53 Combined Loss & Exp. Ratio.................... 79.64 Return on Equity......................................... 9.59

2015: +$27,487,000 2014: +$20,582,000 2012: +$42,989,000 2011: –$1,251,000

2013: +$34,145,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:37 PM

ihire OID

Get the job. Done. TM

FOUND MY JOB AT

108-121_2016 Stat Issue Reinsurance.indd 111 ihire OID BW.indd 1

2016-06-06 13-12-11 3:37 3:48 PM PM

GENERAL REINSURANCE CORPORATION

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 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 69,000 41,000 39,000 95.12 Prop. - Commercial................. 40,956,000 41,163,000 25,310,000 61.49 Prop - Total ............................ 41,025,000 41,204,000 25,349,000 61.52 Aircraft..................................... 801,000 814,000 625,000 76.78 Auto. - Liability........................ 4,583,000 4,467,000 –3,201,000 –71.66 Auto. - Pers. Acc..................... 102,000 102,000 293,000 287.25 Auto. - Other............................ 759,000 776,000 178,000 22.94 Auto - Total ............................. 5,444,000 5,345,000 –2,730,000 –51.08 Boiler/Mach-excld................... 1,349,000 1,044,000 215,000 20.59 Fidelity..................................... 754,000 971,000 –104,000 –10.71 Liability.................................... 2,837,000 2,894,000 –4,377,000 –151.24 Surety...................................... –7,000 36,000 112,000 311.11 Marine...................................... 1,470,000 1,508,000 –106,000 –7.03 ——————— ——————— ——————— ————— Total 2015............................... 53,673,000 53,816,000 18,984,000 35.28 Total 2014................................ 53,739,000 51,050,000 –18,863,000 –36.95 Total 2013................................ 44,358,000 46,069,000 23,181,000 50.32 Total 2012................................ 50,283,000 48,812,000 –5,329,000 –10.92 Total 2011................................ 50,408,000 51,915,000 –3,071,000 –5.92

2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 57,513,000 Reinsurance Ceded................................ 3,840,000 Net Premiums Written.......................... 53,673,000 Net Premiums Earned.......................... 53,816,000 Net Claims & Adj Exp........................... 18,984,000 Commissions.......................................... 5,841,000 Taxes........................................................... 38,000 General Expenses................................ 11,963,000 Undwrwtg. Profit/Loss......................... 16,404,000 Investment Income................................. 2,343,000

Growth Rate (NPW)................................... –0.12 % of Market (NPW)..................................... 0.12 Earned Loss Ratio..................................... 35.28 Total Expense Ratio.................................. 33.15 Combined Loss & Exp. Ratio.................... 68.43 Return on Equity......................................... 7.09

Underwriting Result

2015: +$16,404,000 2014: +$57,509,000 2012: +$39,294,000 2011: +$43,482,000

2013: +$5,495,000

HANNOVER RÜCK SE

R-F Laurel E Grant, General Manager and Chief Agent 220 Bay St Suite 400 Toronto ON M5J 2W4 416-867-9712 Fax:416-867-9728

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 132,437,000 129,814,000 49,800,000 38.36 Prop - Total ............................ 132,437,000 129,814,000 49,800,000 38.36 Aircraft..................................... 3,927,000 4,066,000 1,966,000 48.35 Auto. - Liability........................ 21,716,000 20,631,000 11,853,000 57.45 Auto - Total ............................. 21,716,000 20,631,000 11,853,000 57.45 Boiler/Mach-excld................... 1,636,000 1,962,000 2,003,000 102.09 359,000 20.20 Credit....................................... 1,872,000 1,777,000 Fidelity..................................... 1,139,000 1,130,000 47,000 4.16 Hail.......................................... 140,000 140,000 20,000 14.29 Liability.................................... 63,501,000 59,879,000 40,612,000 67.82 Surety...................................... 15,253,000 14,514,000 –1,198,000 –8.25 Marine...................................... 738,000 652,000 1,730,000 265.34 Accident & Sickness................ 662,000 842,000 1,764,000 209.50 ——————— ——————— ——————— ————— Total 2015............................... 243,021,000 235,407,000 108,956,000 46.28 Total 2014................................ 241,927,000 225,488,000 171,493,000 76.05 Total 2013................................ 216,646,000 207,303,000 165,383,000 79.78 Total 2012................................ 177,277,000 171,170,000 140,501,000 82.08 Total 2011................................ 138,874,000 131,214,000 117,300,000 89.40

2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 293,788,000 Reinsurance Ceded.............................. 50,767,000 Net Premiums Written........................ 243,021,000 Net Premiums Earned........................ 235,407,000 Net Claims & Adj Exp......................... 108,956,000 Commissions........................................ 47,886,000 Taxes...................................................................... General Expenses.................................. 4,992,000 Undwrwtg. Profit/Loss......................... 73,573,000 Investment Income............................... 25,412,000

Growth Rate (NPW)..................................... 0.45 % of Market (NPW)..................................... 0.54 Earned Loss Ratio..................................... 46.28 Total Expense Ratio.................................. 22.46 Combined Loss & Exp. Ratio.................... 68.74 Return on Equity......................................... 0.16

Underwriting Result

2015: +$73,573,000 2014: +$927,000 2013: –$1,516,000 2012: –$8,695,000 2011: –$17,989,000

MAPFRE RE COMPANIA DE REASEGUROS, S.A.

R-US

Cassels Brock Suite 2100, Scotia Plaza 40 King St W Toronto ON M5H 3C2

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 8,509,000 8,272,000 3,176,000 38.39 Prop. - Commercial................. 5,672,000 5,514,000 2,118,000 38.41 Prop - Total ............................ 14,181,000 13,786,000 5,294,000 38.40 Aircraft..................................... 12,000 0.00 Hail.......................................... 2,717,000 2,552,000 782,000 30.64 Liability.................................... 95,000 92,000 18,000 19.57 Surety...................................... 62,000 62,000 –16,000 –25.81 ——————— ——————— ——————— ————— Total 2015............................... 17,055,000 16,492,000 6,090,000 36.93 Total 2014................................ 15,481,000 14,957,000 7,601,000 50.82 Total 2013................................ 15,271,000 15,355,000 15,987,000 104.12 Total 2012................................ 16,571,000 17,691,000 8,582,000 48.51 Total 2011................................ 16,770,000 16,463,000 9,907,000 60.18

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2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 24,419,000 Reinsurance Ceded................................ 7,364,000 Net Premiums Written.......................... 17,055,000 Net Premiums Earned.......................... 16,492,000 Net Claims & Adj Exp............................. 6,090,000 Commissions.......................................... 4,666,000 Taxes...................................................................... General Expenses..................................... 857,000 Undwrwtg. Profit/Loss........................... 4,879,000 Investment Income................................. 1,038,000

Growth Rate (NPW)................................... 10.17 % of Market (NPW)..................................... 0.04 Earned Loss Ratio..................................... 36.93 Total Expense Ratio.................................. 33.49 Combined Loss & Exp. Ratio.................... 70.42 Return on Equity....................................... 14.69

Underwriting Result

2015: +$4,879,000 2014: +$3,315,000 2013: –$4,409,000 2012: +$5,749,000 2011: +$1,476,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:37 PM

Marketer

The Brokerâ&#x20AC;&#x2122;s Source for Specialty, Niche & Non-Standard Risk since 1973!

Search the Marketer Online at: InsuranceMarketer.com Order Extra Copies of Print Edition (published July): http://bit.ly/marketerorder For more than 40 years, Canadian Underwriter magazineâ&#x20AC;&#x2122;s Insurance Marketer has been the trusted source to assist insurance brokers in finding a market for the most unique risks. 108-121_2016 Issue Reinsurance.indd 113 Marketer 2015 Stat full page.indd 1

2016-06-06 3:37 PM 15-05-25 12:31

MUNICH REINSURANCE AMERICA, INC.

R-US

Bernie Maingot, Chief Agent 390 Bay St, 22nd Floor Toronto ON M5H 2Y2 416-681-6944 Fax:416-591-8830 www.munichreamerica.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 201,000 201,000 –1,000 –0.50 Prop. - Commercial................. 5,012,000 5,200,000 –774,000 –14.88 Prop - Total ............................ 5,213,000 5,401,000 –775,000 –14.35 Aircraft..................................... 1,000 0.00 Auto. - Liability........................ 711,000 776,000 –1,841,000 –237.24 Auto. - Pers. Acc..................... –43,000 0.00 Auto. - Other............................ –2,000 0.00 Auto - Total ............................. 711,000 776,000 –1,886,000 –243.04 Boiler/Mach-excld................... 372,000 372,000 178,000 47.85 Credit....................................... 132,000 280,000 –101,000 –36.07 Liability.................................... 2,378,000 2,272,000 –3,060,000 –134.68 304,000 304,000 839,000 275.99 Surety...................................... Marine...................................... 420,000 420,000 620,000 147.62 Accident & Sickness................ 282,000 282,000 97,000 34.40 ——————— ——————— ——————— ————— Total 2015............................... 9,812,000 10,107,000 –4,087,000 –40.44 Total 2014................................ 9,069,000 11,533,000 6,863,000 59.51 Total 2013................................ 14,109,000 13,438,000 20,313,000 151.16 Total 2012................................ 11,756,000 11,250,000 9,599,000 85.32 Total 2011................................ 13,354,000 15,856,000 4,286,000 27.03

2015 Underwriting Performance Summary %

Reinsurance Assumed........................... 9,812,000 Reinsurance Ceded................................................ Net Premiums Written............................ 9,812,000 Net Premiums Earned.......................... 10,107,000 Net Claims & Adj Exp........................... –4,087,000 Commissions.......................................... 1,590,000 Taxes........................................................... 44,000 General Expenses..................................... 677,000 Undwrwtg. Profit/Loss......................... 11,883,000 Investment Income................................. 4,832,000

Growth Rate (NPW)..................................... 8.19 % of Market (NPW)..................................... 0.02 Earned Loss Ratio................................... –40.44 Total Expense Ratio.................................. 22.87 Combined Loss & Exp. Ratio.................. –17.57 Return on Equity....................................... 10.96

Underwriting Result

2015: +$11,883,000 2014: +$2,643,000 2013: –$10,395,000 2012: –$1,442,000 2011: +$7,958,000

MUNICH REINSURANCE CANADA GROUP MUNICH REINSURANCE COMPANY OF CANADA TEMPLE INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 104,353,000 96,779,000 38,940,000 40.24 82,672,000 82.17 Prop. - Commercial................. 107,850,000 100,613,000 Prop - Total ............................ 212,203,000 197,392,000 121,612,000 61.61 Aircraft..................................... –1,000 –1,000 276,000 –27,600.00 Auto. - Liability........................ 38,016,000 27,847,000 16,791,000 60.30 Auto. - Pers. Acc..................... 18,779,000 12,015,000 13,727,000 114.25 7,164,000 32.92 Auto. - Other............................ 29,202,000 21,763,000 Auto - Total ............................. 85,997,000 61,625,000 37,682,000 61.15 Boiler/Mach-excld................... 6,322,000 6,339,000 –1,024,000 –16.15 Fidelity..................................... 695,000 667,000 974,000 146.03 Legal Expense......................... 6,985,000 349,000 308,000 88.25 74,743,000 68.64 Liability.................................... 115,164,000 108,891,000 Surety...................................... 9,463,000 9,329,000 3,328,000 35.67 Marine...................................... 292,000 292,000 –212,000 –72.60 Accident & Sickness................ –1,000 0.00 ——————— ——————— ——————— ————— Total 2015............................... 437,120,000 385,417,000 237,686,000 61.67 343,406,000 330,524,000 184,152,000 55.72 Total 2014................................ Total 2013................................ 309,522,000 309,447,000 203,465,000 65.75 Total 2012................................ 301,255,000 297,546,000 184,478,000 62.00 Total 2011................................ 270,977,000 280,107,000 198,645,000 70.92

R-F

Philipp Wassenberg, President & CEO 390 Bay St., 22nd Floor Toronto ON M5H 2Y2 416-366-9206 Fax:416-366-4330

2015 Direct Premiums Written: +180,800,000 Growth: –0.77% 2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 322,598,000 Reinsurance Ceded.............................. 66,278,000 Net Premiums Written........................ 437,120,000 Net Premiums Earned........................ 385,417,000 Net Claims & Adj Exp......................... 237,686,000 Commissions...................................... 100,195,000 Taxes...................................................... 6,267,000 General Expenses................................ 30,637,000 Undwrwtg. Profit/Loss......................... 10,632,000 Investment Income............................... 52,207,000

Growth Rate (NPW)................................... 27.29 % of Market (NPW)..................................... 0.97 Earned Loss Ratio..................................... 61.67 Total Expense Ratio.................................. 35.57 Combined Loss & Exp. Ratio.................... 97.24 Return on Equity....................................... 10.51

Underwriting Result

2015: +$10,632,000 2014: +$30,618,000 2012: +$16,954,000 2011: –$11,738,000

2013: +$11,270,000

MUNICH REINSURANCE COMPANY OF CANADA

R-C

Philipp Wassenberg, President & Chief Executive Officer 390 Bay St 22nd Floor Toronto ON M5H 2Y2 416-366-9206 Fax:416-366-4330 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 104,353,000 96,779,000 38,940,000 40.24 77,161,000 69,945,000 56,556,000 80.86 Prop. - Commercial................. Prop - Total ............................ 181,514,000 166,724,000 95,496,000 57.28 Aircraft..................................... 35,000 0.00 Auto. - Liability........................ 38,016,000 27,848,000 16,396,000 58.88 Auto. - Pers. Acc..................... 18,779,000 12,015,000 13,727,000 114.25 Auto. - Other............................ 29,202,000 21,763,000 7,164,000 32.92 Auto - Total ............................. 85,997,000 61,626,000 37,287,000 60.51 Boiler/Mach-excld................... 6,306,000 6,372,000 –929,000 –14.58 Fidelity..................................... 695,000 667,000 974,000 146.03 Legal Expense......................... 6,985,000 348,000 308,000 88.51 Liability.................................... 42,262,000 34,576,000 25,295,000 73.16 Surety...................................... 9,463,000 9,329,000 3,335,000 35.75 Marine...................................... 292,000 292,000 –189,000 –64.73 ——————— ——————— ——————— ————— Total 2015............................... 333,514,000 280,225,000 161,612,000 57.67 Total 2014................................ 238,163,000 226,903,000 118,588,000 52.26 Total 2013................................ 207,324,000 207,022,000 134,924,000 65.17 Total 2012................................ 201,140,000 198,321,000 123,711,000 62.38 Total 2011................................ 178,657,000 182,063,000 132,021,000 72.51

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2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 371,646,000 Reinsurance Ceded.............................. 38,132,000 Net Premiums Written........................ 333,514,000 Net Premiums Earned........................ 280,225,000 Net Claims & Adj Exp......................... 161,612,000 Commissions........................................ 78,492,000 Taxes......................................................... 434,000 General Expenses................................ 18,802,000 Undwrwtg. Profit/Loss......................... 20,885,000 Investment Income............................... 36,729,000

Underwriting Result

Growth Rate (NPW)................................... 40.04 % of Market (NPW)..................................... 0.74 Earned Loss Ratio..................................... 57.67 Total Expense Ratio.................................. 34.87 Combined Loss & Exp. Ratio.................... 92.54 Return on Equity....................................... 14.25

2015: +$20,885,000 2014: +$33,003,000 2012: +$15,627,000 2011: –$3,935,000

2013: +$11,023,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:37 PM

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2016-06-06 3:37 PM

ODYSSEY REINSURANCE COMPANY

R-US

Jean-Raymond Kingsley, Senior Vice President & Chief Agent 55 University Ave., Suite 1600 Toronto ON M5J 2H7 416-862-0162 Fax:416-367-3248 www.odysseyre.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 33,060,000 29,528,000 11,928,000 40.40 Prop. - Commercial................. 21,154,000 17,418,000 19,943,000 114.50 Prop - Total ............................ 54,214,000 46,946,000 31,871,000 67.89 Aircraft..................................... 1,000 1,000 Auto. - Liability........................ 7,935,000 7,842,000 3,969,000 50.61 Auto. - Other............................ 3,090,000 3,132,000 –31,000 –0.99 Auto - Total ............................. 11,025,000 10,974,000 3,938,000 35.88 Boiler/Mach-excld................... 203,000 204,000 –21,000 –10.29 Fidelity..................................... 5,000 5,000 –7,000 –140.00 Hail.......................................... 2,622,000 2,622,000 430,000 16.40 Liability.................................... 11,115,000 10,245,000 6,145,000 59.98 Surety...................................... 2,970,000 2,970,000 1,767,000 59.49 Marine...................................... 69,000 236,000 15,000 6.36 ——————— ——————— ——————— ————— Total 2015............................... 82,224,000 74,203,000 44,138,000 59.48 Total 2014................................ 77,653,000 79,460,000 39,880,000 50.19 Total 2013................................ 83,650,000 79,258,000 81,003,000 102.20 Total 2012................................ 83,937,000 84,783,000 70,582,000 83.25 Total 2011................................ 65,677,000 65,053,000 53,987,000 82.99

2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 103,049,000 Reinsurance Ceded.............................. 20,825,000 Net Premiums Written.......................... 82,224,000 Net Premiums Earned.......................... 74,203,000 Net Claims & Adj Exp........................... 44,138,000 Commissions........................................ 20,897,000 Taxes...................................................................... General Expenses.................................. 4,185,000 Undwrwtg. Profit/Loss........................... 4,983,000 Investment Income................................. 3,192,000

Growth Rate (NPW)..................................... 5.89 % of Market (NPW)..................................... 0.18 Earned Loss Ratio..................................... 59.48 Total Expense Ratio.................................. 33.80 Combined Loss & Exp. Ratio.................... 93.28 Return on Equity......................................... 4.30

Underwriting Result

2015: +$4,983,000 2014: +$21,742,000 2012: –$3,969,000 2011: +$9,947,000

2013: –$17,740,000

PARTNER REINSURANCE COMPANY OF THE U.S.

R-F

Patrick Li, Chief Agent Canadian Branch Canadian Branch 123 Front St W Suite 909 Toronto ON M5J 2M2 416-861-0033 Fax:416-861-0200 www.partnerre.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 70,430,000 74,720,000 16,735,000 22.40 Prop - Total ............................ 70,430,000 74,720,000 16,735,000 22.40 Aircraft..................................... –385,000 0.00 Auto. - Liability........................ 3,704,000 3,719,000 –3,257,000 –87.58 Auto - Total ............................. 3,704,000 3,719,000 –3,257,000 –87.58 Hail.......................................... 8,464,000 8,464,000 2,606,000 30.79 Liability.................................... 13,952,000 14,357,000 4,948,000 34.46 Surety...................................... 4,167,000 4,212,000 1,006,000 23.88 ——————— ——————— ——————— ————— Total 2015............................... 100,717,000 105,472,000 21,653,000 20.53 Total 2014................................ 103,461,000 98,348,000 39,140,000 39.80 Total 2013................................ 90,214,000 95,884,000 57,327,000 59.79 50,883,000 46.94 Total 2012................................ 107,478,000 108,391,000 Total 2011................................ 110,005,000 123,995,000 92,209,000 74.37

2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 106,338,000 Reinsurance Ceded................................ 5,621,000 Net Premiums Written........................ 100,717,000 Net Premiums Earned........................ 105,472,000 Net Claims & Adj Exp........................... 21,653,000 Commissions........................................ 25,353,000 Taxes...................................................................... General Expenses.................................. 7,496,000 Undwrwtg. Profit/Loss......................... 50,970,000 Investment Income............................... 13,946,000

Growth Rate (NPW)................................... –2.65 % of Market (NPW)..................................... 0.22 Earned Loss Ratio..................................... 20.53 Total Expense Ratio.................................. 31.14 Combined Loss & Exp. Ratio.................... 51.67 Return on Equity....................................... 18.37

Underwriting Result

2015: +$50,970,000 2014: +$27,983,000 2012: +$22,961,000 2011: –$3,030,000

PROMUTUEL REASSURANCE

2013: +$5,862,000

R-C

2000 boulevard Lebourgneuf bureau 400 Quebec QC G2K 0B6 418-840-1313 Fax:418-840-9900 www.promutuelassurance.ca liliane.breton@promutuel.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 69,248,000 67,829,000 42,689,000 62.94 62,847,000 60,597,000 38,422,000 63.41 Prop. - Commercial................. Prop - Total ............................ 132,095,000 128,426,000 81,111,000 63.16 Auto. - Liability........................ 10,819,000 9,991,000 5,251,000 52.56 Auto. - Pers. Acc..................... 737,000 700,000 51,000 7.29 Auto. - Other............................ 17,922,000 16,565,000 11,932,000 72.03 Auto - Total ............................. 29,478,000 27,256,000 17,234,000 63.23 Liability.................................... 5,936,000 5,663,000 4,555,000 80.43 Surety...................................... 236,000 279,000 –1,000 –0.36 ——————— ——————— ——————— ————— Total 2015............................... 167,745,000 161,624,000 102,899,000 63.67 Total 2014................................ 156,209,000 147,579,000 101,089,000 68.50 Total 2013................................ 132,747,000 126,776,000 79,839,000 62.98 Total 2012................................ 126,102,000 118,973,000 80,811,000 67.92 Total 2011................................ 110,921,000 111,198,000 86,690,000 77.96

116

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2015 Direct Premiums Written: +621,000 Growth: 8.38% 2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 195,615,000 Reinsurance Ceded.............................. 28,491,000 Net Premiums Written........................ 167,745,000 Net Premiums Earned........................ 161,624,000 Net Claims & Adj Exp......................... 102,899,000 Commissions........................................ 42,239,000 Taxes........................................................... 22,000 General Expenses................................ 11,102,000 Undwrwtg. Profit/Loss........................... 5,362,000 Investment Income.................................. –238,000

Growth Rate (NPW)..................................... 7.38 % of Market (NPW)..................................... 0.37 Earned Loss Ratio..................................... 63.67 Total Expense Ratio.................................. 33.02 Combined Loss & Exp. Ratio.................... 96.69 Return on Equity......................................... 4.25

Underwriting Result

2015: +$5,362,000 2014: –$141,000 2013: –$3,409,000 2012: –$993,000 2011: –$7,092,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:37 PM

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108-121_2016 Stat Issue Reinsurance.indd 117

Completely Updated for 2016- over 10,000 changes!

2016-06-06 3:37 PM

SCOR CANADA REINSURANCE COMPANY

R-C

Joseph El-Sayegh, President & C.E.O. 199 Bay St Suite 2800 PO Box 329 Commerce Court Postal Station Toronto ON M5L 1G1 416-869-3670 Fax:416-365-9393 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 26,611,000 27,525,000 13,239,000 48.10 Prop. - Commercial................. 91,360,000 86,626,000 24,661,000 28.47 Prop - Total ............................ 117,971,000 114,151,000 37,900,000 33.20 Auto. - Liability........................ 9,487,000 9,450,000 –2,354,000 –24.91 Auto. - Pers. Acc..................... 1,000 1,000 23,000 2,300.00 Auto. - Other............................ 1,806,000 1,809,000 –2,083,000 –115.15 Auto - Total ............................. 11,294,000 11,260,000 –4,414,000 –39.20 Boiler/Mach-excld................... 36,000 66,000 –9,000 –13.64 Fidelity..................................... –7,000 –7,000 –20,000 285.71 28,000 –20,000 –71.43 Hail.......................................... 14,000 Liability.................................... 11,267,000 10,958,000 18,548,000 169.26 Surety...................................... 4,680,000 4,730,000 2,095,000 44.29 Marine...................................... 124,000 130,000 5,000 3.85 ——————— ——————— ——————— ————— Total 2015............................... 145,379,000 141,316,000 54,085,000 38.27 Total 2014................................ 136,048,000 134,648,000 79,705,000 59.20 Total 2013................................ 160,353,000 158,741,000 108,334,000 68.25 Total 2012................................ 151,456,000 147,427,000 112,375,000 76.22 Total 2011................................ 157,280,000 162,190,000 148,127,000 91.33

2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 184,435,000 Reinsurance Ceded.............................. 39,056,000 Net Premiums Written........................ 145,379,000 Net Premiums Earned........................ 141,316,000 Net Claims & Adj Exp........................... 54,085,000 Commissions........................................ 38,041,000 Taxes...................................................................... General Expenses................................ 12,663,000 Undwrwtg. Profit/Loss......................... 36,554,000 Investment Income............................... 15,120,000

Growth Rate (NPW)..................................... 6.86 % of Market (NPW)..................................... 0.32 Earned Loss Ratio..................................... 38.27 Total Expense Ratio.................................. 35.88 Combined Loss & Exp. Ratio.................... 74.15 Return on Equity....................................... 23.38

Underwriting Result

2015: +$36,554,000 2014: +$8,805,000 2013: +$3,654,000 2012: –$10,527,000 2011: –$30,116,000

SIRIUS AMERICA INSURANCE COMPANY

R-US

John Game, Senior Vice-President & Chief Agent 80 Bloor St. W., Suite 1202 Toronto ON M5S 2V1 416-928-2430 Fax:416-928-2459 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 6,959,000 6,369,000 –270,000 –4.24 Prop. - Commercial................. 4,453,000 4,522,000 410,000 9.07 Prop - Total ............................ 11,412,000 10,891,000 140,000 1.29 Auto. - Liability........................ 116,000 115,000 –149,000 –129.57 Auto. - Other............................ 1,559,000 1,538,000 258,000 16.78 Auto - Total ............................. 1,675,000 1,653,000 109,000 6.59 40,000 7.19 Hail.......................................... 560,000 556,000 Liability.................................... 62,000 62,000 212,000 341.94 Surety...................................... –3,000 0.00 ——————— ——————— ——————— ————— Total 2015............................... 13,709,000 13,162,000 498,000 3.78 Total 2014................................ 13,444,000 13,770,000 –1,445,000 –10.49 Total 2013................................ 15,925,000 15,732,000 8,028,000 51.03 Total 2012................................ 14,846,000 14,960,000 3,316,000 22.17 Total 2011................................ 15,526,000 16,725,000 12,401,000 74.15

2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 16,505,000 Reinsurance Ceded................................ 2,796,000 Net Premiums Written.......................... 13,709,000 Net Premiums Earned.......................... 13,162,000 Net Claims & Adj Exp................................ 498,000 Commissions.......................................... 2,908,000 Taxes...................................................................... General Expenses.................................. 2,169,000 Undwrwtg. Profit/Loss........................... 7,587,000 Investment Income................................. 1,264,000

Growth Rate (NPW)..................................... 1.97 % of Market (NPW)..................................... 0.03 Earned Loss Ratio....................................... 3.78 Total Expense Ratio.................................. 38.57 Combined Loss & Exp. Ratio.................... 42.35 Return on Equity....................................... 13.54

Underwriting Result

2015: +$7,587,000 2014: +$10,962,000 2012: +$6,390,000 2011: –$1,718,000

2013: +$1,644,000

SWISS REINSURANCE GROUP SWISS REINSURANCE COMPANY LTD WESTPORT INSURANCE CORPORATION

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 10,776,000 10,001,000 4,609,000 46.09 Prop. - Commercial................. 74,209,000 80,767,000 7,328,000 9.07 Prop - Total ............................ 84,985,000 90,768,000 11,937,000 13.15 Aircraft..................................... 2,999,000 3,262,000 1,351,000 41.42 Auto. - Liability........................ 1,510,000 1,776,000 –1,476,000 –83.11 Auto. - Pers. Acc..................... 1,603,000 1,617,000 492,000 30.43 Auto. - Other............................ 651,000 622,000 –679,000 –109.16 Auto - Total ............................. 3,764,000 4,015,000 –1,663,000 –41.42 Boiler/Mach-excld................... 485,000 578,000 –1,559,000 –269.72 Fidelity..................................... 739,000 0.00 Hail.......................................... 243,000 1,288,000 –347,000 –26.94 Liability.................................... 15,910,000 13,631,000 1,552,000 11.39 Surety...................................... 4,313,000 4,107,000 320,000 7.79 Marine...................................... 1,397,000 1,295,000 849,000 65.56 Accident & Sickness................ 43,000 49,000 1,588,000 3,240.82 ——————— ——————— ——————— ————— Total 2015............................... 114,139,000 118,993,000 14,767,000 12.41 Total 2014................................ 124,663,000 129,668,000 12,063,000 9.30 Total 2013................................ 147,072,000 147,197,000 73,288,000 49.79 Total 2012................................ 142,567,000 139,475,000 36,503,000 26.17 Total 2011................................ 152,279,000 147,927,000 73,839,000 49.92 118

108-121_2016 Stat Issue Reinsurance.indd 118

R-F

Veronica Scotti, President & Chief Executive Officer 150 King St. W Suite 1000 Toronto ON M5H 1J9 416-947-3800 Fax:416-408-4222 www.swissre.com

2015 Direct Premiums Written: +162,201,000 Growth: –20.04% 2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 429,163,000 Reinsurance Ceded............................ 345,475,000 Net Premiums Written........................ 114,139,000 Net Premiums Earned........................ 118,993,000 Net Claims & Adj Exp........................... 14,767,000 Commissions........................................ –3,045,000 Taxes...................................................... 5,775,000 General Expenses................................ 39,530,000 Undwrwtg. Profit/Loss......................... 61,966,000 Investment Income............................... 12,870,000

Underwriting Result

Growth Rate (NPW)................................... –8.44 % of Market (NPW)..................................... 0.25 Earned Loss Ratio..................................... 12.41 Total Expense Ratio.................................. 35.51 Combined Loss & Exp. Ratio.................... 47.92 Return on Equity....................................... 14.90

2015: +$61,966,000 2014: +$75,699,000 2012: +$65,498,000 2011: +$36,861,000

2013: +$29,597,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:37 PM

SCOR’s strength stands out clearly SCOR consistently delivers. Since 2003, SCOR has overcome obstacles, faced economic and financial crises, and absorbed major natural catastrophes. Throughout this long journey, the Group has held its course and achieved the strategic targets set out in its successive plans. The Group has reinforced its financial strength, and expanded and deepened its franchise. It has diversified, developed a state-of-the-art risk management strategy, and become a truly global group. The upgrade of our rating to AA- by S&P and Fitch* demonstrates the relevance of SCOR’s business strategy, which continues to withstand the current macroeconomic and market environment. It confirms SCOR as a Tier 1 global reinsurer. The Group’s strength is a clear benefit for our clients. Denis Kessler Chairman & Chief Executive Officer

* Fitch on July 21, Standard & Poor’s on September 7, 2015.

108-121_2016 Stat Issue Reinsurance.indd 119

2016-06-06 3:37 PM

SWISS REINSURANCE COMPANY LTD

R-F

Veronica Scotti, Chief Agent 150 King St. W Suite 1000 Toronto ON M5H 1J9 416-947-3800 Fax:416-408-4222 www.swissre.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 10,776,000 10,001,000 4,609,000 46.09 Prop. - Commercial................. 56,905,000 62,540,000 3,500,000 5.60 Prop - Total ............................ 67,681,000 72,541,000 8,109,000 11.18 Aircraft..................................... 239,000 –30,000 –206,000 686.67 Auto. - Liability........................ 1,552,000 1,817,000 –1,405,000 –77.33 Auto. - Pers. Acc..................... 1,603,000 1,617,000 492,000 30.43 Auto. - Other............................ 651,000 622,000 –679,000 –109.16 Auto - Total ............................. 3,806,000 4,056,000 –1,592,000 –39.25 Boiler/Mach-excld................... 243,000 209,000 –704,000 –336.84 Fidelity..................................... 739,000 0.00 Hail.......................................... 243,000 1,288,000 –347,000 –26.94 Liability.................................... 5,788,000 4,503,000 –3,451,000 –76.64 Surety...................................... 4,265,000 3,986,000 856,000 21.48 Marine...................................... 1,380,000 1,284,000 920,000 71.65 Accident & Sickness................ 43,000 49,000 1,588,000 3,240.82 ——————— ——————— ——————— ————— Total 2015............................... 83,688,000 87,886,000 5,912,000 6.73 Total 2014................................ 96,496,000 100,012,000 9,286,000 9.28 Total 2013................................ 110,469,000 103,793,000 47,936,000 46.18 Total 2012................................ 81,114,000 86,518,000 8,009,000 9.26 Total 2011................................ 100,288,000 94,856,000 44,222,000 46.62

2015 Underwriting Performance Summary %

Reinsurance Assumed....................... 429,163,000 Reinsurance Ceded............................ 345,475,000 Net Premiums Written.......................... 83,688,000 Net Premiums Earned.......................... 87,886,000 Net Claims & Adj Exp............................. 5,912,000 Commissions........................................ 13,374,000 Taxes...................................................................... General Expenses................................ 20,451,000 Undwrwtg. Profit/Loss......................... 48,149,000 Investment Income................................. 8,870,000

Growth Rate (NPW)................................. –13.27 % of Market (NPW)..................................... 0.18 Earned Loss Ratio....................................... 6.73 Total Expense Ratio.................................. 38.49 Combined Loss & Exp. Ratio.................... 45.22 Return on Equity....................................... 13.47

Underwriting Result

2015: +$48,149,000 2014: +$58,480,000 2012: +$51,938,000 2011: +$21,933,000

WESTPORT INSURANCE CORPORATION

2013: +$23,177,000

R-US

Stephen J. Ritter, FCIP, CRM, Senior Vice President & Chief Agent In Canada 150 King St W, Suite 1000 Toronto ON M5H 1J9 647-777-5576 Fax:416-847-3698 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 17,304,000 18,227,000 3,828,000 21.00 Prop - Total ............................ 17,304,000 18,227,000 3,828,000 21.00 Aircraft..................................... 2,760,000 3,292,000 1,557,000 47.30 –42,000 –41,000 –71,000 173.17 Auto. - Liability........................ Auto - Total ............................. –42,000 –41,000 –71,000 173.17 Boiler/Mach-excld................... 242,000 369,000 –855,000 –231.71 Liability.................................... 10,122,000 9,128,000 5,003,000 54.81 Surety...................................... 48,000 121,000 –536,000 –442.98 11,000 –71,000 –645.45 Marine...................................... 17,000 ——————— ——————— ——————— ————— Total 2015............................... 30,451,000 31,107,000 8,855,000 28.47 Total 2014................................ 28,167,000 29,656,000 2,777,000 9.36 Total 2013................................ 36,603,000 43,404,000 25,352,000 58.41 61,453,000 52,957,000 28,494,000 53.81 Total 2012................................ Total 2011................................ 51,991,000 53,071,000 29,617,000 55.81

2015 Direct Premiums Written: +162,201,000 Growth: –20.04% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 16,445,000 Reinsurance Ceded............................ 148,195,000 Net Premiums Written.......................... 30,451,000 Net Premiums Earned.......................... 31,107,000 Net Claims & Adj Exp............................. 8,855,000 Commissions...................................... –16,419,000 Taxes...................................................... 5,775,000 General Expenses................................ 19,079,000 Undwrwtg. Profit/Loss......................... 13,817,000 Investment Income................................. 4,000,000

Growth Rate (NPW)..................................... 8.11 % of Market (NPW)..................................... 0.07 Earned Loss Ratio..................................... 28.47 Total Expense Ratio.................................. 27.12 Combined Loss & Exp. Ratio.................... 55.59 Return on Equity....................................... 20.39

Underwriting Result

2015: +$13,817,000 2014: +$17,219,000 2012: +$13,560,000 2011: +$14,928,000

T.H.E. INSURANCE COMPANY

2013: +$6,420,000

R-US

Steven Frye, Chief Agent 200 University Ave, 14th Floor Toronto ON M5H 3C6 www.theinsco.com sfrye@cwcagroup.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 39,000 40,000 Prop - Total ............................ 39,000 40,000 0 0.00 Auto. - Liability........................ 27,000 27,000 12,000 44.44 Auto - Total ............................. 27,000 27,000 12,000 44.44 Liability.................................... 426,000 575,000 575,000 100.00 ——————— ——————— ——————— ————— Total 2015............................... 492,000 642,000 587,000 91.43 Total 2014................................ 825,000 708,000 472,000 66.67 Total 2013................................ 548,000 251,000 476,000 189.64 Total 2012................................ 160,000 109,000 79,000 72.48 Total 2011................................ 88,000 95,000 45,000 47.37

2015 Direct Premiums Written: +570,000 Growth: –36.17% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded..................................... 78,000 Net Premiums Written............................... 492,000 Net Premiums Earned............................... 642,000 Net Claims & Adj Exp................................ 587,000 Commissions............................................... 69,000 Taxes........................................................... 19,000 General Expenses..................................... 214,000 Undwrwtg. Profit/Loss............................ –247,000 Investment Income...................................... –2,000

Growth Rate (NPW)................................. –40.36 % of Market (NPW)..................................... 0.00 Earned Loss Ratio..................................... 91.43 Total Expense Ratio.................................. 47.04 Combined Loss & Exp. Ratio.................. 138.47 Return on Equity....................................... 12.91

Underwriting Result

2015: –$247,000 2014: –$87,000 2013: –$558,000 2012: –$146,000 2011: –$116,000

120

108-121_2016 Stat Issue Reinsurance.indd 120

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:37 PM

THE TOA REINSURANCE COMPANY OF AMERICA

R-F

Caroline Kane, Senior Vice-President & Chief Agent in Canada 55 University Ave Suite 1700 Box 53 Toronto ON M5J 2H7 416-366-5888 Fax:416-366-7444 www.toare.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 6,572,000 6,433,000 4,158,000 64.64 Prop. - Commercial................. 7,367,000 7,366,000 5,339,000 72.48 Prop - Total ............................ 13,939,000 13,799,000 9,497,000 68.82 Auto. - Liability........................ 6,846,000 6,774,000 2,950,000 43.55 Auto - Total ............................. 6,846,000 6,774,000 2,950,000 43.55 Fidelity..................................... 40,000 40,000 9,000 22.50 Hail.......................................... 1,000 0.00 Liability.................................... 9,546,000 9,396,000 6,433,000 68.47 Surety...................................... –7,000 0.00 Marine...................................... –15,000 –241,000 1,606.67 ——————— ——————— ——————— ————— Total 2015............................... 30,371,000 29,994,000 18,642,000 62.15 Total 2014................................ 31,543,000 33,588,000 21,316,000 63.46 Total 2013................................ 43,956,000 44,356,000 36,923,000 83.24 Total 2012................................ 46,345,000 46,258,000 32,623,000 70.52 Total 2011................................ 39,341,000 39,278,000 30,112,000 76.66

2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 44,305,000 Reinsurance Ceded.............................. 13,934,000 Net Premiums Written.......................... 30,371,000 Net Premiums Earned.......................... 29,994,000 Net Claims & Adj Exp........................... 18,642,000 Commissions.......................................... 4,645,000 Taxes...................................................................... General Expenses.................................. 3,612,000 Undwrwtg. Profit/Loss........................... 3,095,000 Investment Income................................. 5,686,000

Growth Rate (NPW)................................... –3.72 % of Market (NPW)..................................... 0.07 Earned Loss Ratio..................................... 62.15 Total Expense Ratio.................................. 27.53 Combined Loss & Exp. Ratio.................... 89.68 Return on Equity....................................... 10.00

Underwriting Result

2015: +$3,095,000 2014: +$2,922,000 2013: –$2,999,000 2012: +$3,131,000 2011: +$78,000

TRANSATLANTIC REINSURANCE COMPANY

R-US

Cameron MacDonald, Chief Agent For Canada 95 Wellington St. W. Suite 1110 PO Box 3 Toronto ON M5J 2N7 416-649-5301 Fax:416-971-8782 www.transre.com cmacdonald@transre.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 10,777,000 10,959,000 3,854,000 35.17 Prop. - Commercial................. 42,290,000 44,630,000 6,712,000 15.04 Prop - Total ............................ 53,067,000 55,589,000 10,566,000 19.01 58,000 –51.33 Aircraft..................................... –77,000 –113,000 Auto. - Liability........................ 8,413,000 8,250,000 5,537,000 67.12 Auto. - Other............................ 44,000 108,000 77,000 71.30 Auto - Total ............................. 8,457,000 8,358,000 5,614,000 67.17 Boiler/Mach-excld................... 379,000 342,000 41,000 11.99 11,000 11,000 –181,000 –1,645.45 Credit....................................... Fidelity..................................... 257,000 253,000 –60,000 –23.72 Liability.................................... 18,877,000 19,080,000 19,480,000 102.10 Surety...................................... 10,765,000 11,223,000 3,927,000 34.99 Marine...................................... 350,000 350,000 126,000 36.00 105,000 63,000 17,000 26.98 Accident & Sickness................ ——————— ——————— ——————— ————— Total 2015............................... 92,191,000 95,156,000 39,588,000 41.60 Total 2014................................ 95,740,000 91,874,000 38,768,000 42.20 Total 2013................................ 84,998,000 89,051,000 73,589,000 82.64 90,751,000 82.76 Total 2012................................ 103,318,000 109,661,000 Total 2011................................ 111,894,000 114,293,000 68,180,000 59.65

2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 92,984,000 Reinsurance Ceded................................... 793,000 Net Premiums Written.......................... 92,191,000 Net Premiums Earned.......................... 95,156,000 Net Claims & Adj Exp........................... 39,588,000 Commissions........................................ 21,029,000 Taxes........................................................... 86,000 General Expenses.................................. 5,527,000 Undwrwtg. Profit/Loss......................... 28,926,000 Investment Income............................... 16,938,000

Growth Rate (NPW)................................... –3.71 % of Market (NPW)..................................... 0.20 Earned Loss Ratio..................................... 41.60 Total Expense Ratio.................................. 28.00 Combined Loss & Exp. Ratio.................... 69.60 Return on Equity....................................... 14.07

Underwriting Result

2015: +$28,926,000 2014: +$28,269,000 2012: –$7,578,000 2011: +$17,538,000

XL REINSURANCE AMERICA, INC CANADIAN BRANCH

2013: –$9,981,000

R-F

Gordon F Goodman, Chief Agent Scotia Plaza, 100 Yonge St. Suite 1200 Toronto ON M5C 2W1 416-598-1084 Fax:416-598-1980 www.xlre.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 17,546,000 16,838,000 5,004,000 29.72 5,004,000 29.72 Prop - Total ............................ 17,546,000 16,838,000 Aircraft..................................... 6,000 0.00 Auto. - Liability........................ 2,994,000 2,793,000 1,501,000 53.74 Auto - Total ............................. 2,994,000 2,793,000 1,501,000 53.74 Fidelity..................................... –4,000 0.00 29,032,000 28,053,000 22,052,000 78.61 Liability.................................... Surety...................................... –1,000 0.00 Marine...................................... –2,000 –2,000 –4,000 200.00 ——————— ——————— ——————— ————— Total 2015............................... 49,570,000 47,682,000 28,554,000 59.88 Total 2014................................ 43,266,000 50,839,000 26,103,000 51.34 Total 2013................................ 67,217,000 65,044,000 40,839,000 62.79 Total 2012................................ 61,102,000 59,299,000 29,412,000 49.60 Total 2011................................ 56,657,000 63,383,000 36,784,000 58.03

CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

108-121_2016 Stat Issue Reinsurance.indd 121

2015 Direct Premiums Written: +25,361,000 Growth: 7.32% 2015 Underwriting Performance Summary %

Reinsurance Assumed......................... 24,794,000 Reinsurance Ceded................................... 585,000 Net Premiums Written.......................... 49,570,000 Net Premiums Earned.......................... 47,682,000 Net Claims & Adj Exp........................... 28,554,000 Commissions........................................ 11,940,000 Taxes......................................................... 828,000 General Expenses.................................. 7,892,000 Undwrwtg. Profit/Loss......................... –1,532,000 Investment Income................................. 6,511,000

Growth Rate (NPW)................................... 14.57 % of Market (NPW)..................................... 0.11 Earned Loss Ratio..................................... 59.88 Total Expense Ratio.................................. 43.33 Combined Loss & Exp. Ratio.................. 103.21 Return on Equity......................................... 2.86

Underwriting Result

2015: –$1,532,000 2014: +$2,054,000 2013: –$2,688,000 2012: +$8,906,000 2011: +$1,455,000

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2015 PROVINCIAL GOVERNMENT INSURERS INSURANCE CORPORATION G-C Mark Blucher, President & Chief Executive Officer OF BRITISH COLUMBIA 151 West Esplanade North Vancouver BC V7M 3H9 604-661-2800 www.icbc.com carmenk.szeto@icbc.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 3,010,651,000 2,865,628,000 2,765,434,000 96.50 Auto. - Pers. Acc..................... 211,896,000 203,368,000 230,864,000 113.52 Auto. - Other............................ 1,414,290,000 1,378,935,000 1,367,197,000 99.15 Auto - Total ............................. 4,636,837,000 4,447,931,000 4,363,495,000 98.10 ——————— ——————— ——————— ————— Total 2015............................... 4,636,837,000 4,447,931,000 4,363,495,000 98.10 Total 2014................................ 4,223,474,000 4,129,934,000 3,894,466,000 94.30 Total 2013................................ 4,041,195,000 3,974,594,000 3,434,660,000 86.42 Total 2012................................ 3,910,077,000 3,811,387,000 3,266,615,000 85.71 Total 2011................................ 3,692,836,000 3,673,211,000 3,186,563,000 86.75

2015 Direct Premiums Written: +4,645,857,000 Growth: 9.76% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 9,020,000 Net Premiums Written..................... 4,636,837,000 Net Premiums Earned..................... 4,447,931,000 Net Claims & Adj Exp...................... 4,363,495,000 Commissions...................................... 340,612,000 Taxes.................................................. 199,985,000 General Expenses.............................. 244,371,000 Undwrwtg. Profit/Loss..................... –666,050,000 Investment Income............................. 919,869,000

Underwriting Result

2015: –$666,050,000 2012: –$77,305,000

Growth Rate (NPW)..................................... 9.79 % of Market (NPW)................................... 10.24 Earned Loss Ratio..................................... 98.10 Total Expense Ratio.................................. 17.65 Combined Loss & Exp. Ratio.................. 115.75 Return on Equity......................................... 3.86

2014: –$368,718,000 2011: –$188,647,000

SASKATCHEWAN AUTO FUND

2013: –$183,993,000

G-C

Andrew Cartmell, President 2260 11th Avenue Regina SK S4P 0J9 306-751-1200 Fax:306-525-6040 www.sgi.sk.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 20,269,000 19,941,000 13,311,000 66.75 429,141,000 422,203,000 256,395,000 60.73 Auto. - Pers. Acc..................... Auto. - Other............................ 480,665,000 472,797,000 483,325,000 102.23 Auto - Total ............................. 930,075,000 914,941,000 753,031,000 82.30 ——————— ——————— ——————— ————— Total 2015............................... 930,075,000 914,941,000 753,031,000 82.30 886,444,000 863,976,000 834,155,000 96.55 Total 2014................................ Total 2013................................ 824,513,000 806,964,000 739,103,000 91.59 Total 2012................................ 781,167,000 767,226,000 740,528,000 96.52 Total 2011................................ 744,743,000 726,282,000 806,924,000 111.10

2015 Direct Premiums Written: +936,070,000 Growth: 5.27% 2015 Underwriting Performance Summary %

Reinsurance Assumed........................................... Reinsurance Ceded................................ 5,995,000 Net Premiums Written........................ 930,075,000 Net Premiums Earned........................ 914,941,000 Net Claims & Adj Exp......................... 753,031,000 Commissions........................................ 46,303,000 Taxes.................................................... 44,654,000 General Expenses................................ 81,287,000 Undwrwtg. Profit/Loss....................... –10,334,000 Investment Income............................. 122,541,000

Underwriting Result

2015: –$10,334,000 2012: –$123,824,000

122

122-124_2016 Stat Issue Provincial.indd 122

Growth Rate (NPW)..................................... 4.92 % of Market (NPW)..................................... 2.05 Earned Loss Ratio..................................... 82.30 Total Expense Ratio.................................. 18.83 Combined Loss & Exp. Ratio.................. 101.13 Return on Equity....................................... 53.45

2014: –$139,131,000 2011: –$228,680,000

2013: –$93,197,000

canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016

2016-06-06 3:41 PM

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