Canada · Canada · class L
Life insurance companies in Canada
55 licensed life insurers, 28% of the 198 insurance entities supervised by the Office of the Superintendent of Financial Institutions (federal); AMF Quebec, FSRA Ontario, BCFSA and other provincial regulators for provincially incorporated insurers. Long-term life assurance, annuities, pensions and savings products.
| Company | Class | Parent / group | Ownership | Regulator | Verification |
|---|---|---|---|---|---|
| Aetna Life Insurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | CVS Health | Foreign multinational | OSFI / provincial | Verified |
| Alan CA Inc. Canadian-incorporated FRFI | LLife | Alan | Domestic private | OSFI / provincial | Verified |
| Allstate Life Insurance Company of Canada Canadian-incorporated FRFI | LLife | Allstate | Domestic private | OSFI / provincial | Verified |
| American Bankers Life Assurance Company of Florida Foreign company operating in Canada through a chief agency (branch) | LLife | Assurant | Foreign multinational | OSFI / provincial | Verified |
| American Health and Life Insurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | Citi (OneMain) | Foreign multinational | OSFI / provincial | Verified |
| American Income Life Insurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | Globe Life | Foreign multinational | OSFI / provincial | Verified |
| AWP Health & Life SA Foreign company operating in Canada through a chief agency (branch) | LLife | AllianzIAIG | Foreign multinational | OSFI / provincial | Verified |
| Blue Cross Life Insurance Company of Canada Canadian-incorporated FRFI | LLife | Medavie / Blue Cross | Domestic private | OSFI / provincial | Verified |
| Blumont Annuity Company Canadian-incorporated FRFI | LLife | Blumont | Domestic private | OSFI / provincial | Verified |
| BMO Life Assurance Company Canadian-incorporated FRFI | LLife | BMO | Domestic private | OSFI / provincial | Verified |
| British Insurance Company of Cayman Foreign company operating in Canada through a chief agency (branch) | LLife | Foreign branch (chief agency) | Foreign multinational | OSFI / provincial | Verified |
| Canada Life Assurance Company (The) Canadian-incorporated FRFI | LLife | Great-West LifecoIAIG | Domestic private | OSFI / provincial | Verified |
| Canada Life Insurance Company of Canada (The) Canadian-incorporated FRFI | LLife | Great-West LifecoIAIG | Domestic private | OSFI / provincial | Verified |
| Canadian Premier Life Insurance Company Canadian-incorporated FRFI | LLife | Securian Canada | Domestic private | OSFI / provincial | Verified |
| Chubb Life Insurance Company of Canada Canadian-incorporated FRFI | LLife | ChubbIAIG | Domestic private | OSFI / provincial | Verified |
| CIBC Life Insurance Company Limited Canadian-incorporated FRFI | LLife | CIBC | Domestic private | OSFI / provincial | Verified |
| CIGNA Life Insurance Company of Canada Canadian-incorporated FRFI | LLife | Cigna | Domestic private | OSFI / provincial | Verified |
| Co-operators Life Insurance Company Canadian-incorporated FRFI | LLife | Co-operators | Mutual / cooperative | OSFI / provincial | Verified |
| Combined Insurance Company of America Foreign company operating in Canada through a chief agency (branch) | LLife | ChubbIAIG | Foreign multinational | OSFI / provincial | Verified |
| CompCorp Life Insurance Company Canadian-incorporated FRFI | LLife | Assuris | Domestic private | OSFI / provincial | Verified |
| Connecticut General Life Insurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | Cigna | Foreign multinational | OSFI / provincial | Verified |
| Empire Life Insurance Company (The) Canadian-incorporated FRFI | LLife | E-L Financial | Domestic private | OSFI / provincial | Verified |
| Employers Reassurance Corporation Foreign company operating in Canada through a chief agency (branch) | LLife | Enstar | Foreign multinational | OSFI / provincial | Verified |
| Equitable Life Insurance Company of Canada (The) Canadian-incorporated FRFI | LLife | Equitable Life of Canada | Domestic private | OSFI / provincial | Verified |
| Foresters Life Insurance Company Canadian-incorporated FRFI | LLife | Foresters | Domestic private | OSFI / provincial | Verified |
| General Re Life Corporation Foreign company operating in Canada through a chief agency (branch) | LLife | Berkshire HathawayIAIG | Foreign multinational | OSFI / provincial | Verified |
| Green Shield Canada Insurance Canadian-incorporated FRFI | LLife | Green Shield | Domestic private | OSFI / provincial | Verified |
| Hannover Re (Ireland) Designated Activity Company Foreign company operating in Canada through a chief agency (branch) | LLife | TalanxIAIG | Foreign multinational | OSFI / provincial | Verified |
| ivari Canadian-incorporated FRFI | LLife | Sagicor | Domestic private | OSFI / provincial | Verified |
| Jackson National Life Insurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | Jackson Financial | Foreign multinational | OSFI / provincial | Verified |
| Life Insurance Company of North America Foreign company operating in Canada through a chief agency (branch) | LLife | New York Life | Foreign multinational | OSFI / provincial | Verified |
| Manufacturers Life Insurance Company (The) Canadian-incorporated FRFI | LLife | ManulifeIAIG | Domestic private | OSFI / provincial | Verified |
| Manulife Assurance Company of Canada Canadian-incorporated FRFI | LLife | ManulifeIAIG | Domestic private | OSFI / provincial | Verified |
| Manulife Financial Corporation Canadian-incorporated FRFI | LLife | ManulifeIAIG | Domestic private | OSFI / provincial | Verified |
| MD Life Insurance Company Canadian-incorporated FRFI | LLife | Canadian-incorporated | Domestic private | OSFI / provincial | Verified |
| Metropolitan Life Insurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | MetLifeIAIG | Foreign multinational | OSFI / provincial | Verified |
| Metropolitan Tower Life Insurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | MetLifeIAIG | Foreign multinational | OSFI / provincial | Verified |
| Munich Reinsurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | Munich ReIAIG | Foreign multinational | OSFI / provincial | Verified |
| New York Life Insurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | New York Life | Foreign multinational | OSFI / provincial | Verified |
| Pacific Life Re International Limited Foreign company operating in Canada through a chief agency (branch) | LLife | Pacific LifeIAIG | Foreign multinational | OSFI / provincial | Verified |
| PartnerRe Life Reinsurance Company of Canada Canadian-incorporated FRFI | LLife | CoveaIAIG | Domestic private | OSFI / provincial | Verified |
| Pavonia Life Insurance Company of Michigan Foreign company operating in Canada through a chief agency (branch) | LLife | Pavonia | Foreign multinational | OSFI / provincial | Verified |
| Primerica Life Insurance Company of Canada Canadian-incorporated FRFI | LLife | Primerica | Domestic private | OSFI / provincial | Verified |
| RBC Life Insurance Company Canadian-incorporated FRFI | LLife | RBC | Domestic private | OSFI / provincial | Verified |
| Reliable Life Insurance Company Canadian-incorporated FRFI | LLife | Old Republic | Domestic private | OSFI / provincial | Verified |
| ReliaStar Life Insurance Company Foreign company operating in Canada through a chief agency (branch) | LLife | Voya | Foreign multinational | OSFI / provincial | Verified |
| RGA Life Reinsurance Company of Canada Canadian-incorporated FRFI | LLife | RGAIAIG | Domestic private | OSFI / provincial | Verified |
| SCOR SE Foreign company operating in Canada through a chief agency (branch) | LLife | SCORIAIG | Foreign multinational | OSFI / provincial | Verified |
| Sun Life Assurance Company of Canada Canadian-incorporated FRFI | LLife | Sun LifeIAIG | Domestic private | OSFI / provincial | Verified |
| Sun Life Financial Inc. Canadian-incorporated FRFI | LLife | Sun LifeIAIG | Domestic private | OSFI / provincial | Verified |
| Sun Life Insurance (Canada) Limited Canadian-incorporated FRFI | LLife | Sun LifeIAIG | Domestic private | OSFI / provincial | Verified |
| Swiss Reinsurance Company Ltd (Life Branch) Foreign company operating in Canada through a chief agency (branch) | LLife | TD Insurance | Foreign multinational | OSFI / provincial | Verified |
| TD Life Insurance Company Canadian-incorporated FRFI | LLife | TD Insurance | Domestic private | OSFI / provincial | Verified |
| TruStage Life of Canada Canadian-incorporated FRFI | LLife | TruStage | Domestic private | OSFI / provincial | Verified |
| Wawanesa Life Insurance Company (The) Canadian-incorporated FRFI | LLife | Wawanesa | Domestic private | OSFI / provincial | Verified |
No insurers match that filter.
About life insurers in Canada
How many life insurers are licensed in Canada?
55 of the 198 licensed insurance entities in Canada are classified as life (28%), according to the OSFI / provincial register as reflected in this directory (verified - full register).
Who regulates life insurers in Canada?
Office of the Superintendent of Financial Institutions (federal); AMF Quebec, FSRA Ontario, BCFSA and other provincial regulators for provincially incorporated insurers (OSFI / provincial), under ~200 federally regulated insurers; provincially incorporated insurers (Desjardins/Beneva, iA, Gore Mutual, most farm mutuals) are outside OSFI. Official website: https://osfi-bsif.gc.ca.
Are the life insurers in Canada locally or foreign owned?
22 of 55 belong to regional or foreign multinational groups (including Assurant, Allianz, Great-West Lifeco, Chubb), 0 are state-owned, and the rest are domestic private companies.
Data: /api/v1/countries/canada.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.