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This is a list of Canadian insurance companies. The top insurance providers in Canada are Manulife, Canada Life (subsidiary of Great-West Lifeco), Sun Life Financial, Desjardins, and IA Financial Group (aka Industrial Alliance). [1] [2] Smaller insurers include those operating as subsidiaries of banks, such as CIBC Insurance and TD Insurance. [2]
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RBC installed its first computer in 1961, the IBM 1401, the first to do so in Canadian banking. [21] In the 1960s, RBC Insurance was created. [13] In 1968, it merged with Ontario Loan and Debenture Company (formerly Ontario Savings and Investment Society). [22]
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iA Financial Group (a.k.a. Industrial Alliance) is a Canadian insurance and wealth management group that operates in Canada and the United States. [1] It is one of the largest public companies in Canada.
The original purpose of ICBC was to provide universal and affordable compulsory public auto insurance in British Columbia by operating on a non-profit basis. [3] [4] However, in March 2010, Christy Clark's BC Liberal government announced that it would require ICBC to pay the province dividends totaling some $778 million over three years, thus signaling the end of ICBC's operation as a non ...
RBC Bank is the trading name of RBC Bank (Georgia), N.A., the United States–based retail banking division of the Royal Bank of Canada (RBC) which is targeted toward Canadian snowbirds, expatriates, and frequent tourists. Despite its limited reach, RBC Bank is a federally chartered bank, thus its trading name bears "N.A." letters.
Aviva Canada's headquarters in Markham. Aviva Canada Inc. is a Canadian property and casualty insurance company and a wholly owned subsidiary of the UK-based Aviva plc. [2] It provides home, personal, automobile, recreational vehicle, group and business insurance to more than three million customers.