Canada · Canada · class X

Specialty / Credit / Captive insurance companies in Canada

3 licensed specialty / credit / captive insurers, 2% 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. Credit, trade, legal-expenses, captive, agricultural, statutory-scheme or other specialist carriers.

CompanyClassParent / groupOwnershipRegulatorVerification
Canada Guaranty Mortgage Insurance Company
Canadian-incorporated FRFI
XSpecialty / Credit / CaptiveCanada GuarantyDomestic privateOSFI / provincialVerified
MIC Insurance Company Canada
Canadian-incorporated FRFI
XSpecialty / Credit / CaptiveSagenDomestic privateOSFI / provincialVerified
Sagen Mortgage Insurance Company Canada
Canadian-incorporated FRFI
XSpecialty / Credit / CaptiveSagen (Brookfield)Domestic privateOSFI / provincialVerified

About specialty / credit / captive insurers in Canada

How many specialty / credit / captive insurers are licensed in Canada?

3 of the 198 licensed insurance entities in Canada are classified as specialty / credit / captive (2%), according to the OSFI / provincial register as reflected in this directory (verified - full register).

Who regulates specialty / credit / captive 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). Regime: Insurance Companies Act (federal); OSFI LICAT and MCT capital tests; provincially incorporated insurers supervised by their province. Official website: https://osfi-bsif.gc.ca.

Who owns the specialty / credit / captive insurers in Canada?

All 3 licensed specialty / credit / captive insurers in Canada are domestic private companies, as recorded in the register.

Data: /api/v1/countries/canada.json (filter by class = "specialty-credit-captive"). Licence CC BY 4.0, attribute KAFS North America.