2016 STATISTICAL ISSUE
C A N A D A’ S I N S U R A N C E A N D R I S K M A G A Z I N E . C A N A D I A N U N D E R W R I T E R . C A
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
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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
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63 63 64
108 122
LEADING COMPANIES — DIRECT WRITTEN BASIS
Accident & Sickness
61 Legal Expense
60
Aircraft
60 Liability
61
Boiler & Machinery
60 Marine
60
Credit
61 Title
60
Credit Protection
61 Other Approved Products
61
Fidelity
60 Surety
61
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
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02-04_Masthead2016.indd 4
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 4:00 PM
COMPANY INDEX ACE INA Insurance
64
Euler Hermes North America Insurance Company
77
Affiliated FM Insurance Company
64
Everest Insurance Company Of Canada
77
AIG Insurance Company of Canada
64
Factory Mutual Insurance Company
77
Alberta Motor Association Insurance Company
66
FCT
78
Allianz Global Risks US Insurance Company
66
Federal Insurance Company
78
Allstate Insurance Company Of Canada
66
Fundy Mutual Insurance Company
78
American Road Insurance Company
67
Gore Mutual Insurance Company
80
Antigonish Farmers Mutual Insurance Company
67
Great American Insurance Company
80
Arch Insurance Company
67
The Guarantee Company of North America
82
Associated Electric & Gas Insurance Services Ltd.
68
Hartford Fire Insurance Company
82
Atradius Credit Insurance N.V.
68
Heartland Farm Mutual
82
Aviva Canada Inc.
68
Industrielle Alliance Compagnie D’Assurances Generales
84
Berkley Insurance Company
70
Intact Financial Corporation
84
The Boiler Inspection & Insurance Company Of Canada
70
The Kings Mutual Insurance Company
84
CAA Insurance Company (Ontario)
70
Lawyers’ Professional Indemnity Company
85
La Capitale Compagnie D’Assurance Generale
71
Legacy General Insurance Company
85
Chicago Title Insurance Company of Canada
71
Liberty Mutual Insurance Company
86
Chubb Insurance Company of Canada
71
Lloyd’s Underwriters
85
Clare Mutual Insurance Company
72
The Mearie Group
86
CNA Canada Group
72
Mennonite Mutual Fire Insurance Company of Saskatchewan
86
Coachman Insurance Company
98
Mitsui Sumitomo Insurance Company Limited
88
Co-operative Hail Insurance Company Limited
72
Motors Insurance Corporation
88
Co-operators General Insurance Company
73
The Mutual Fire Insurance Co. Of British Columbia
88
Corepoint Insurance Company
73
Northbridge Financial Corporation
90
Cumis General Insurance Company
73
Old Republic Insurance Company of Canada
90
DAS Legal Protection Insurance Company Limited
74
Omega General Insurance Company
90
Desjardins General Insurance Group
74
Ontario Mutual Insurance Association
92
Echelon Insurance
76
Ontario School Board’s Insurance Exchange
92
The Economical Insurance Group
74
Optimum General Inc
92
Electric Insurance Company
76
Pacific Coast Fishermen’s Mutual Marine Insurance Company
93
Le Groupe Estrie-Richelieu Compagnie D’Assurance
76
Pafco Insurance Company
93 (Continued On Page 6)
CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
05-09_Index2016.indd 5
5
2016-06-06 3:22 PM
COMPANY INDEX
(Continued From Page 5)
Peace Hills General Insurance Company
94
Stewart Title Guaranty Company
99
P.E.I. Mutual Insurance Company
93
TD Insurance, General Insurance
100
Pembridge Insurance Company
94
Temple Insurance Company
100
The Portage La Prairie Mutual Insurance Company
94
The Tokio Marine & Nichido Fire Insurance Company Limited
102
Protective Insurance Company
95
Travelers Canada
102
RBC General Insurance Company
95
Trisura Guarantee Insurance Company
102
RBC Insurance Company of Canada
95
Triton Insurance
103
Red River Valley Mutual Insurance Company
96
Unica Insurance Inc.
103
RSA Canada Group
96
L’Unique Compagnie D’Assurances Generales
103
Saskatchewan Mutual Insurance Company
96
The Wawanesa Mutual Insurance Company
104
SGI Canada Group
98
Western Financial Insurance
104
SGI Canada Insurance Services
98
Western Surety Company
104
Sompo Japan Insurance Inc.
99
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.
99
Get the job. Done. TM
FOUND MY JOB AT
6
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
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2016-06-06 3:22 PM
ADVERTISERS’ INDEX AIG Insurance
65
Insurance Marketer
Applied Systems Canada Inc.
15
Liberty International Underwriters
The ARC Group Canada Inc.
18
Markel Canada Limited
Assured Automotive
35
Munich Reinsurance Canada
Aviva Canada Inc.
69
NICC
AXIS Reinsurance Company (Canadian Branch)
13
Northbridge Insurance
91
Burns & Wilcox Canada
41
On Side Restoration Services Ltd.
24
Canadian Litigation Counsel
7
Ontario Insurance Directory
113 87 2(IFC) 115 9
117
CanadianUnderwriter.ca 89
Premier Marine
11
Can-Sure Underwriting Ltd.
22
RIMS Canada Conference
29
Crawford & Company (Canada) Inc.
37
RSA Canada
97
The Economical Insurance Group
75
SCOR Canada Reinsurance Company
FirstOnSite Restoration
20,21
ServiceMaster of Canada Limited
119 51
Fix Auto
25
The Sovereign General Insurance Company
101
Giffin Koerth Forensic Engineering
33
Strategic Underwriting Managers Inc. - SUM
31
Gore Mutual Insurance Company
81
TOA Re
49
The Guarantee Company of North America
83
Transatlantic Reinsurance Company
Hagerty Insurance
17
Tritech Software Systems
27,123 23
iAutoConnect 45
The Wawanesa Mutual Insurance Company
i-hire.ca 111
WINMAR 19
Insurance Institute of Canada
WICC
3
insPRESS.ca 109
Zurich Canada
105, 124 (OBC) 79 107
Pl
8
05-09_Index2016.indd 8
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.
Register Now! www.niccanada.com The NICC is Canada’s pre-eminent insurance conference attended by senior executives of insurers, brokers, reinsurers, risk managers, regulators and industry associations.
Sessions include: • The View from OSFI • Client-Centricity Shouldn’t Be a Foreign Language - External and Insurance Views • The Road We’re Heading Down • Are Commercial Insurance Distribution Models Changing?
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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
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All profits and losses indicated in millions of dollars
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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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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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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
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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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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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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
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12-29_CoverStory 2016.indd 27 1 TRANSRE AD 2015 hand 5.indd
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
28
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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.
% 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
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17,169,336,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:27 PM
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11-11-03
2:51 PM
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2016-06-06 3:27 PM
How The Private Companies Rank (Automobile) N.P.W.
% 2015 Market 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
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
36-39_Gen Comp 2016.indd 36
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:28 PM
CdnUn
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
30.
28.
29.
26.
27.
24.
25.
22.
23.
20.
4.
21.
3.
2.
1.
$
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
38
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
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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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
9.
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
8.
68,313,000
Co–operators General Insurance Co......... 2,410,155,000
7.
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
4.
5.
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
3.
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
1.
Totals Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $
2.
Company
(Excludes A&S and Reinsurance Companies)
By company – on a province by province basis
2015 TOTAL DIRECT WRITTEN BUSINESS
BURNS &
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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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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
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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.
8.
11.
7.
6.
5.
9.
4.
10.
3.
2.
1.
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
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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
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48-49_Reinsur Results 2016.indd 48
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
2.
3.
4.
5.
6.
7.
8.
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
9.
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 $ $ $ % $ $ $ % % $ $ %
1.
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
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50
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
52
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)
1.
Lloyd’s Underwriters....................................................................... 465,835,000
40.
Munich Reinsurance Cda Group....................................................... 10,632,000
2.
Intact Financial Corporation............................................................ 461,242,000
41.
Aspen Insurance UK Limited............................................................. 10,535,000
3.
Desjardins General Insurance Group.............................................. 280,935,000
42.
Trisura Guarantee Insurance............................................................... 9,434,000
4.
Aviva Canada Inc............................................................................ 200,545,000
43.
RBC Insurance Company Of Canada................................................. 9,008,000
5.
RSA Canada Group......................................................................... 177,844,000
44.
Optimum General Inc.......................................................................... 8,279,000
6.
AIG Insurance Co Of Canada.......................................................... 100,381,000
45.
L’Unique Assurances Generales......................................................... 7,869,000
7.
Hannover Ruck SE............................................................................ 73,573,000
46.
Pafco Insurance Company.................................................................. 7,751,000
8.
Chubb Insurance Co of Canada....................................................... 69,536,000
47.
Sirius America Insurance.................................................................... 7,587,000
9.
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)
1.
American Road Insurance Company........................................................-17,000
17.
Protective Insurance Company............................................................-1,820,000
2.
Corepointe Insurance................................................................................-64,000
18.
Kings Mutual Insurance Company.......................................................-2,336,000
3.
Omega General Insurance......................................................................-206,000
19.
Hartford Fire Insurance........................................................................-2,575,000
4.
T.H.E. Insurance Company.....................................................................-247,000
20.
Pembridge Insurance Company..........................................................-2,745,000
5.
Mitsui Sumitomo Insurance....................................................................-404,000
21.
Peace Hills General Insurance.............................................................-4,083,000
6.
Alea (Bermuda) Ltd.................................................................................-439,000
22.
Berkley Insurance Company................................................................-4,113,000
7.
Great American Insurance......................................................................-533,000
23.
Industrielle Alliance Compagnie...........................................................-5,360,000
8.
Legacy General Insurance......................................................................-762,000
24.
DAS Legal Protection Insurance Company.........................................-5,878,000
9.
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
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
56
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
58
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.
% 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
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.
% of 2015 Market D.W.P.
% 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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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
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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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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. Š American International Group, Inc. All rights reserved.
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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
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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
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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
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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
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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
71
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
72
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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
73
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
D
e
pr
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
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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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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
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2013: +$92,549,000
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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
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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
WICC siz
We all know someone affected by cancer. That’s why WICC exists. We harness the strength of our industry to raise funds for those we know who need it. Bring your company on board to help us get cancer’s loss ratio to zero. We invite you to learn more at www.wicc.ca.
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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
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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 STATISTICAL ISSUE 2016
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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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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
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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
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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
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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.
Canada: Vancouver | Calgary | Edmonton | Toronto | Montreal ®
Global: Asia | Australia | Europe | Latin America | Middle East | USA
Liber ty International Underwriters, a division of Liber ty Mutual Insurance Company
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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
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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
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
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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.
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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
92
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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
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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
94
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
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2013: +$19,720,000
95
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
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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
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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
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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
99
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
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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 STATISTICAL ISSUE 2016
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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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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
64-107_2016 Stat Issue Cdn Underwriters.indd 106
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
64-107_2016 Stat Issue Cdn Underwriters.indd 107
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
108-121_2016 Stat Issue Reinsurance.indd 108
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
110
108-121_2016 Stat Issue Reinsurance.indd 110
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
112
108-121_2016 Stat Issue Reinsurance.indd 112
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 Broker’s Source for Specialty, Niche & Non-Standard Risk since 1973!
10
15
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 magazine’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
114
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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
108-121_2016 Stat Issue Reinsurance.indd 115
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
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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
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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
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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.
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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
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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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2016-06-06 3:37 PM
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
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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
TRANSR
Providing Security, Strength and Innovative Solutions to the Canadian market for 35 Years
At TransRe, a mix of innovative programs, proven expertise and considerable capacity, on a foundation of financial strength, has created a new standard for reinsurance. As we celebrate the 35th Anniversary of our Canadian operation, we thank you for your confidence. With our international network of offices, we are committed to being a long-term partner in meeting your reinsurance needs.
For more information on TransRe, please give us a call at 416-649-5300 95 Wellington Street West, Suite 1110, Toronto, Ontario M5J 2N7 Visit our website at: www.transre.com S&P rating A+ AM Best Rating: A
122-124_2016 Stat Issue 123 TRANSRE AD 2015 handProvincial.indd 5.indd 1
2016-06-06 3:41 PM PM 15-12-09 4:57
CONTRACTOR’S CHOICE INSURANCE FOR GOOD MEASURE. Our Contractor’s Choice packages are customized and enhanced to fit contractors of every size.
Contact your Wawanesa Insurance representative to learn more about our commercial coverage solutions.
AUTO
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