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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2016-06-06 3:20 PM
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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
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PROFILE
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Editor
Editor
Senior
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Publisher
Angela
Wilson
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Steve
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to
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VOL. 83, NO. 6, JUNE 2016
astelmakowich@canadianunderwriter.ca
steve@canadianunderwriter.ca
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steve@canadianunderwriter.ca
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63
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122
LEADING COMPANIES — DIRECT WRITTEN BASIS
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61 Legal Expense
60
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61
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60 Marine
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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
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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
7
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.ca89
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
iAutoConnect45
The Wawanesa Mutual Insurance Company
i-hire.ca111
WINMAR19
Insurance Institute of Canada
WICC
3
insPRESS.ca109
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
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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
10-11_ProfitLossGraph.indd 10
All profits and
losses
indicated in
millions of dollars
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:24 PM
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10-11_ProfitLossGraph.indd 11
2016-06-06 3:24 PM
WAITING TO EXHALE
In a year where Ontario and Alberta auto wasn’t, for once, in the forefront and
natural catastrophe losses were the lowest in several years, insurers held their
breath for a good year. And they got it.
I
Glenn McGillivray
Managing Director,
Institute for Catastrophic
Loss Reduction
12
12-29_CoverStory 2016.indd 12
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
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:25 PM
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12-29_CoverStory 2016.indd 13
2016-06-06 3:25 PM
COVER STORY
Waiting to Exhale
a good thing that the industry had a
chance to catch its breath in 2015,
because the next several months will
be an uphill run.
Economic outlook
Aon Benfield reported that world
economic growth, once again, fell
below expectations in 2015. In
its Reinsurance Market Outlook report,
released in January 2016, the reinsurance intermediary noted that on two
occasions last year, the International
Monetary Fund (IMF) lowered its
projection for global gross domestic product (GDP) growth for 2015.
The IMF eventually lowered to 3.1%
growth its initial projection of 3.5%
in April 2015 and then 3.3% in July
2015. “Contributory factors were a
slowdown in the first quarter (which
was largely attributable to adverse
weather-related contraction in the
United States, with attendant spillovers to Canada and Mexico) and
uncertainties in Europe during the
second quarter relating to Greece and
the Eurozone,” the outlook stated.
The second half of 2015, Aon
Benfield reported, was “overshadowed by difficulties in emerging
market economies, with declining
commodity prices and downward
pressure on many emerging market
currencies.” It also noted that the
slowdown in the Chinese economy
“has had broader implications, particularly as a result of reduced demand
for raw materials, as has weakness in
Latin America and particularly Brazil.
The slump in oil prices also had a
depressing effect on oil-exporting
economies that has been only partially offset by the resulting boost to
net importers.”
Going forward into 2016 and 2017,
analysts expect slight improvements
in the global economy “as financial
conditions remain accommodative,
despite an anticipated further gradual
rise in U.S. interest rates.”
International Monetary Fund (IMF)
pointed out that stronger performance in both emerging markets
14
and advanced economies will boost
growth in 2016.
Says Aon: “The IMF notes weak, but
improving, conditions in Russia and
some Latin American economies. The
slowdown in China is expected to
persist, but the IMF anticipates stronger growth from advanced economies, including the United States, the
Euro area and Japan.”
Further recovery is projected
through 2017, according to the IMF,
“driven by a gradual return to trend
growth in countries and regions such
as parts of Latin America and the
Middle East and Russia, which are
currently under stress or growing well
below potential in 2015-2016.”
Regarding Canada specifically, the
IMF noted that “commodity-exporting advanced economies continue
to adjust to reduced income and
resource-related investment… In
Canada, growth is expected to recover
to 1.5% in 2016, with the drag from
the energy sector offset partially by
a more competitive currency and an
expected increase in public investment, before it accelerates to 1.9% in
2017.”
Insurance Bureau of Canada’s (IBC)
David McGown, presenting at Swiss
Re’s 31st Annual Canadian Insurance
Outlook Breakfast in Toronto April
6, cited his predecessor at the yearearlier event, who said that oil prices
are likely “… going to be the single
biggest influence on the global and
Canadian economies for the next two
years.”
“That prediction proved accurate,”
said McGown, IBC’s new Senior Vice
President of Strategic Initiatives, referring to lower real domestic income,
lower profits, reduced business investment and a lower Canadian dollar.
Also in 2015, McGown noted that
Canada experienced slower economic
growth in the first half of the year,
falling government revenues and a
rise in deficits. Overall growth was
only 1.2%, less than half of what it
was in 2014.
“Continued low oil prices will put
a damper on business investment,
economic growth and employment
across the country,” McGown told
attendees. “Predictions for 2017,
while a bit more optimistic, will differ from province to province — and
aren’t exactly rosy,” he warned.
The numbers: “solid results”
Presenting on the property and
casualty insurance industry’s performance in 2015, McGown commented
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
T-68143_
12-29_CoverStory 2016.indd 14
2016-06-06 3:25 PM
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12-29_CoverStory 2016.indd 15
5/18/16 1:51 PM
2016-06-06 3:25 PM
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
12-29_CoverStory 2016.indd 16
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
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:25 PM
DRIVE
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2016 Canada, LLC policies are underwritten by Elite Insurance Company, an Aviva Canada company.
CoverageUNDERWRITER
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12-29_CoverStory 2016.indd 17
17
2016-06-06 3:25 PM
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.
Go to AskARC.com
pendent Law Firms
On the investment side, Baker noted
“across all segments, the lift that
insurers are getting from investments
continued to diminish in 2015, both
because of continued low interest
rates and volatility in the equity markets.” He further cautioned that “all
segments need to keep their eyes
firmly on the underwriting ball.”
McGown commented at the Swiss
Re outlook breakfast that while the
industry’s picture was not particularly upbeat on the investment side,
“growth in underwriting income
Surprised? ARC isn’t.
more than offset those lower investment returns. ROE now stands at 10.2,
which is in line with the industry’s
long-term average,” he said, adding
ARC Group Canada is a national
that
“the industry-wide
network
of independent
law firms, capital ratio
each
intimately
connected
to confirms our
increased,
which,
again,
their local market.
industry’s continued stability even
Insurance and risk management
during
challenging economic times.”
experts. Regional strength.
Of the National
auto line,
McGown noted
scope.
that That
the isslight
improvement in the
the ARC Group.
nationwide loss ratio for auto was
to AskARC.com
as a Go
result
of better performance in
Ontario and Alberta.
mercial writers.” He pointed to what
he called “two countervailing forces”
for this development: “
1. Increased discipline in the personal lines space driven by higher
property premiums, increased stability in Ontario auto as well as a relatively benign cat year.
2. Brutal competition in the commercial space coupled with dangerous
erosion in pricing and underwriting.”
If you’re in
Manitoba, this is
considered an
automobile.
Ontario auto
Of the market, McGown reported the loss ratio for Ontario auto
improved by four percentage points
from 2014 to just over 71%, largely
due to lower liability claims costs, but
the accident benefits loss ratio deteriorated to 89%. These results, he noted,
do not incorporate the impact of the
2015 reforms and the mandated rate
ARC Group Canada is a national network of independent law firms,
reductions, “which will roll out over
each intimately connected to their local market.
this year and next.”
Insurance and risk management experts. Regional strength.
The Property and Casualty Insurance
National scope. Go to AskARC.com
Compensation Corporation (PACICC)
notes in its 2015 annual report that
Ontario auto insurance “… is a prodThe ARC Legal Reporter
uct that has been subject to enormous
Winter Issue – Article
swings #1
in profitability and subject
A National Network of Independent Law Firms
to constant reforms over the past 15
years.”
When is a medical examination considered a second examination
under Rule 36 of the New Brunswick Rules of Court?However, at present, Ontario auto
“appears to be profitable and conThe ARC Legal Reporter
sumers have benefited from some
v. Crowther and Kelly
Case:
Winter IssueReported
– Article
#1 Blyth
2009 NBCA 80
Citation:
ratein anrelief
as insurers deliver on the
When both the plaintiff’s physical and mental condition are in issue
action, and
At Issue:
the plaintiff undergoes a physical examination, will a subsequent application for a
government’s
electoral commitment
psychiatric examination be considered an application for a second medical
examination?
to reduce auto insurance rates. These
dical examination considered a second examination
ule 36 of the New Brunswick Rules of The
Court?
Court:
18
ARC_Fleet ad_1/2 page.indd 1
Judgment Rendered:
Factual Summary:
Should medical examinations that are ordered as part of the discovery process be
characterized as ‘independent’ medical examinations?
Court of Appeal of New Brunswick
canadianunderwriter.ca26,CANADIAN
UNDERWRITER STATISTICAL ISSUE 2016
October 13, 2009 (Reasons delivered November 2015-02-14
2009)
1:05 PM
The plaintiff suffered injuries in a motor vehicle accident and commenced an action
seeking damages. Both the plaintiff’s physical state and mental state were in issue in
the action. The plaintiff submitted to a physical examination by the defendant’s expert,
but subsequently refused to submit to a psychiatric examination.
yth v. Crowther and Kelly
009 NBCA 80
hen both the plaintiff’s physical and mental condition are in issue in an action, and
The adefendant made a motion requesting an order that the plaintiff submit to the
e plaintiff undergoes
a physical
examination,
will a subsequent application for
12-29_CoverStory
2016.indd
18
psychiatric examination. The motions judge granted the order. The plaintiff appealed,
2016-06-06 3:25 PM
reforms centre upon containing
growth in claims costs in the accident
benefits portion of the auto insurance
product,” the report states.
PACICC does warn, however, that
“in 2015, there was a substantial backlog of claims files in the province’s
dispute resolution process. History
suggests that the Ontario auto insurance marketplace, even when profitable, can be a single arbitrator’s ruling
away from falling back into chaos.”
Alberta auto
McGown told attendees at the Swiss
Re event that “the auto loss ratio [for
Alberta] at the end of 2015 was 82%,
reflecting improvements across the
market except for accident benefits.”
PACICC notes that for close to
10 years, the province of Alberta’s
Automobile Insurance Premiums
Regulation has required auto insurers to adjust the price they charge for
insurance uniformly once per year.
“This increases solvency risk for some
insurers because cost pressures are not
shared equally across the industry.”
Cautions PACICC: “Cost pressures,
particularly on the liability portion
“Underwriting results
in 2015 brought a
surprise: It was the first
time in at least 15 years
that personal insurers
generally outperformed
commercial insurers.”
of the auto insurance product, have
increased substantially since a 2011
court decision to weaken the cap
on minor injuries. The province’s
CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
12-29_CoverStory 2016.indd 19
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
19
2016-06-06 3:25 PM
COVER STORY
Waiting to Exhale
reinsurance capital and “essentially
doubling the property catastrophe
reinsurance capacity of the market.”
Aon Benfield reports that changes
in alternative capital in 2015 included
the following:
•about a 2% decline in capital
from catastrophe bonds, ending
Q3-2015 at US$23.9 billion;
•more than a 10% increase in collateralized reinsurance to US$ 32.8
billion, “now representing nearly
50% of the overall capacity provided by the alternative markets”;
•an increase of close to 30% over
year-end 2014 for sidecar capacity,
ending Q3-2015 with approximately US$ 8.5 billion in capital;
•a slight increase in ILW (industry
loss warranty) to US$4 billion.
“Many more traditional reinsurers
have incorporated alternative capital into their underwriting capital
structures and enhance offerings
to their primary insurer customers (longer contract duration, eased
reinstatement terms, hours clauses,
etc.). Barring a significant shift in
supply and demand dynamics, we
maintain our estimate that alternative capital will reach US$120 billion
As for January 1, 2016
renewals, Aon Benfield
noted that reinsurance
markets “continued to
broaden the spectrum
of coverage and type
of placements they will
support.”
to US$150 billion by 2018,” Aon
Benfield reports.
As for January 1, 2016 renewals,
Aon Benfield noted that reinsurance
markets “continued to broaden the
spectrum of coverage and type of
placements they will support. Across
many programs, reinstatement terms
improved, more multi-year coverage
was available, and reinsurers worked
with insurers to develop unique
structures, and support new insurance
strategies and lines of business. More
of this trend is expected in 2016
as reinsurers maintain strong capital
positions and find continued pressure
from the alternative markets.”
Going forward, Aon Benfield
believes that “a number of factors are
expected to impact the demand for
reinsurance throughout 2016. From
rating agency and regulatory changes
to insurers seeking to expand into
new lines of business, our expectation is for increased demand in the
next 12 months. Many seasoned buyers are re-evaluating their buying
strategies, moving away from buying
only to protect tail risk and towards
recognition that new capital potentially provides cheaper risk capital at
A catastrophic event
12-29_CoverStory 2016.indd 20
2016-06-06 3:25 PM
many different points along the risk
spectrum. Early-adopters of cheaper
underwriting capital will secure an
early-mover advantage in the market
to help drive premium growth.”
Of the Canadian market, MSA’s Joel
Baker commented: “Licenced reinsurers in Canada ‘fared well’ in 2015
amid soft market conditions, thanks
to a relatively benign cat year. The
favourable outcome should be viewed
as somewhat pyrrhic as the apparent
‘luck’ doesn’t mask the cut-throat
competition for dwindling business
that the Canadian and global reinsurance industry is mired in.”
The 19 companies in the
Reinsurance Research Council’s (RRC)
2015 results reported assumed premium of just over $2.0 billion in 2015,
down slightly from $2.1 billion in
2014, when 20 companies reported
results (Everest Re is missing from
the RRC’s posted member results for
2015). The 19 companies reported an
underwriting result of $343 million
in 2015 (down from $359.7 million
for 20 companies the year prior).
The group reported a total loss
ratio of 46.9% in 2015 (down from
47.6% in 2014) and an expense ratio
of 31.5% (up slightly from 30.2% the
year prior) for a combined of 78.5%
(down from 77.5% booked in 2014).
Total investment income came in at
$186.9 million (down markedly from
$284.2 million in 2014) for after-tax
income of $444.9 million (down
from $520 million the year prior).
In the courts
In the February/March issue of
Claims Canada Magazine, Christopher
Dunn and Josiah MacQuarrie of
Dutton Brock, LLP again provided a
very useful and concise run-down of
the Top 10 coverage decisions from
2015 of interest to insurers.
As noted by the authors, two main
subject areas dominated the list: “The
first was the ‘faulty workmanship’
v. ‘resultant damage’ debate, which
was addressed by three separate
appellate courts and is headed to the
Supreme Court in 2016. The other is
the application of the Supreme Court
of Canada’s decision in Sattva Capital
to standard-form insurance policies.”
The authors note that “while 2015
saw little activity from the Supreme
Court of Canada, 2016 is shaping up
to be much more interesting, with at
least one major appeal set to be heard
by the top court, and several other
decisions seeking leave.”
Dunn and MacQuarrie’s list is as follows:
1)Ledcor Construction Limited v. Northbridge Indemnity Insurance Company,
2015 ABCA 121; leave to appeal to
SCC granted September 24, 2015
(builders’ risk — poor workmanship versus resultant damage);
2)Acciona Infrastructure Canada Inc. v.
Allianz Global Risks US Insurance Co.,
2015 BCCA 347; leave to appeal
to SCC filed October 21, 2015
(course of construction policy —
defects exclusion);
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2016-06-06 3:25 PM
COVER STORY
Waiting to Exhale
3)Precision Plating Ltd. v. Axa Pacific
for standard form contracts);
Insurance Company, 2015 BCCA 277; 8)Daverne v. John Switzer Fuels Ltd., 2015
leave to appeal to SCC dismissed
ONCA 919 (CGL policy — limitaJanuary 14, 2016 (CGL policy —
tion periods);
pollution exclusion);
9)Monk v. Farmer’s Mutual Insurance
4)Allstate Insurance Company of
Company (Lindsay), 2015 ONCA 911
Canada v. Aftab, 2015 ONCA
(Homeowner’s policy — exclusion for
349 (Homeowner’s Policy —
repair of faulty workmanship); and
Exclusion for claims arising out 10)Ontario Society for the Prevention of Cruelty
of bodily injury to member of
to Animals v. Sovereign General Insurance
household);
Co., 2015 ONCA 702 (CGL policy
5)Unifund Assurance Company v. D.E.,
— fortuity principle).
2015 ONCA 423; C.S. v. TD Home and
Auto Insurance Company, 2015 ONCA Severe weather
Globally, catastrophe losses were
424; leave to appeal to SCC filed
lighter
in 2015 than in previous
September 29, 2015 (homeowner’s policy — coverage for bullying years, though events such as the
April earthquake in Nepal triggered
claims);
6)Onex Corporation v. American Home large loss of life and many injuries.
Assurance Company, 2015 ONCA 573; Together, Swiss Re noted that natuleave to appeal filed October 13, ral perils cost (re)insurers US$ 28
2015 (D&O policy – coverage for billion last year, close to half of the
10-year inflation-adjusted average of
defence costs);
7)MacDonald v. Chicago Title Insurance US$ 55 billion.
Our pleasurecraft coverage willThe year in review, though not
Company of Canada, 2015 ONCA 842
definitely
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Sattvayour
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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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2016-06-06 3:25 PM
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.
24
12-29_CoverStory 2016.indd 24
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
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:25 PM
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FOLLOW US ON
2016-06-06 3:25 PM
How The Private Companies Rank (Total Business) N.P.W.
(Excluding Life & Purely A&S Companies)
% of
2015
MarketN.P.W.
2014
%
N.P.W.Change
1. Intact Financial Corporation.......................... 16.41 7,432,733,0006,875,276,000 8.11
2. Aviva Canada Inc............................................ 8.58 3,883,490,0003,828,980,000 1.42
3. Lloyd’s Underwriters....................................... 6.80 3,077,761,0002,594,228,000 18.64
4. TD Insurance, General Insurance................... 6.60 2,986,668,0002,915,195,000 2.45
5. RSA Canada Group........................................ 5.85 2,650,905,0002,765,167,000 –4.13
6. Desjardins General Insurance Group.............. 5.54 2,509,983,0002,196,398,000 14.28
7. Co–operators General Insurance Co.............. 5.20 2,354,451,0002,215,781,000 6.26
8. Wawanesa Mutual Insurance.......................... 4.81 2,177,268,0002,070,278,000 5.17
9. Economical Insurance.................................... 4.27 1,935,352,0001,877,801,000 3.06
10. Travelers Canada............................................ 3.11 1,409,657,0001,452,587,000 –2.96
11. Allstate Insurance Co of Canada.................... 3.03 1,370,172,0001,257,591,000 8.95
12. Northbridge Financial Corporation................. 2.50 1,132,822,0001,067,709,000 6.10
13. La Capitale Assurances Gen Inc..................... 1.92 870,518,000571,304,00052.37
14. RBC General Insurance.................................. 1.74 789,163,000735,350,000 7.32
15. Zurich Insurance Company Ltd...................... 1.53 691,730,000744,723,000–7.12
16. Chubb Insurance Co of Canada..................... 1.40 633,516,000617,085,000 2.66
17. SGI Canada Group......................................... 1.37 620,840,000549,857,00012.91
18. Ontario Mutual Insurance............................... 1.33 602,666,000569,070,000 5.90
19. Munich Reinsurance Cda Group.................... 0.97 437,120,000343,406,00027.29
20. AIG Insurance Co Of Canada......................... 0.85 385,389,000 643,053,000–40.07
21. Gore Mutual Insurance Company................... 0.80 361,454,000335,156,000 7.85
22. Guarantee Company Of North America.......... 0.75 340,533,000314,278,000 8.35
23. Alberta Motor Association.............................. 0.64 291,392,000305,812,000–4.72
24. CNA Canada................................................... 0.56 254,887,000261,065,000–2.37
25. Hannover Ruck SE.......................................... 0.54 243,021,000241,927,000 0.45
26. Liberty Mutual Insurance................................ 0.53 241,059,000210,765,00014.37
27. Pembridge Insurance Company..................... 0.53 240,419,000231,529,000 3.84
28. Industrielle Alliance Compagnie..................... 0.52 237,152,000222,420,000 6.62
29. Factory Mutual Insurance Company............... 0.51 232,359,000195,745,00018.70
30. Allianz Global Risks US................................... 0.49 223,890,000202,084,00010.79
31. SSQ, Societe D’Assurances Gen.................... 0.46 208,358,000213,754,000–2.52
32. CAA Insurance............................................... 0.41 183,493,000175,255,000 4.70
33. Portage La Prairie Mutual............................... 0.39 178,790,000190,934,000–6.36
34. L’Unique Assurances Generales..................... 0.38 173,092,000175,853,000–1.57
35. Promutuel Reassurance.................................. 0.37 167,745,000156,209,000 7.38
36. Echelon Insurance.......................................... 0.33 150,633,000156,328,000–3.64
37. SCOR Canada Reinsurance........................... 0.32 145,379,000136,048,000 6.86
38.FCT................................................................. 0.32 144,754,000131,629,000 9.97
39. Peace Hills General Insurance........................ 0.30 135,257,000139,958,000–3.36
40. Farm Mutual Reinsurance Plan....................... 0.29 132,008,000133,120,000–0.84
41. Optimum General Inc...................................... 0.28 125,057,000123,695,000 1.10
42. Lawyers’ Professional Indemnity.................... 0.27 120,761,000114,920,000 5.08
43. Cumis General Insurance................................ 0.26 119,550,000 96,121,00024.37
44. Unica Insurance.............................................. 0.26 118,841,000107,643,00010.40
45. Old Republic Insurance Company.................. 0.26 116,947,000 58,707,00099.20
46. Swiss Reinsurance Group.............................. 0.25 114,139,000124,663,000–8.44
47. RBC Insurance Company Of Canada............. 0.25 112,680,000111,544,000 1.02
48. Boiler Inspection & Insurance Company........ 0.25 111,109,000105,684,000 5.13
49. Stewart Title Guaranty Company.................... 0.23104,294,000 95,066,000 9.71
50. Partner Reinsurance Company of the U.S...... 0.22 100,717,000103,461,000–2.65
51. Pafco Insurance Company............................. 0.22100,578,000 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 94,407,00094,242,0000.18
54. Affiliated FM Insurance................................... 0.21 93,733,00086,439,0008.44
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
12-29_CoverStory 2016.indd 26
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:25 PM
TRANSR
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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................................. 0.2089,446,00083,881,0006.63
57. Odyssey Reinsurance Company.................. 0.1882,224,00077,653,0005.89
58. Red River Mutual.......................................... 0.1881,091,00074,915,0008.24
59. Wynward Insurance Group........................... 0.1775,099,00069,447,0008.14
60. Trisura Guarantee Insurance......................... 0.1672,159,00063,423,000
13.77
61. Berkley Insurance Company......................... 0.1360,908,00043,980,000
38.49
62. Everest Reinsurance Company.................... 0.1254,259,00061,267,000
–11.44
63. Saskatchewan Mutual Insurance.................. 0.1253,737,00050,009,0007.45
64. General Reinsurance Corp............................ 0.1253,673,00053,739,000
–0.12
65. Western Financial Insurance......................... 0.1151,293,00048,979,0004.72
66. XL Reinsurance America, Inc Cdn Branch.... 0.1149,570,00043,266,000
14.57
67. Motors Insurance Corporation...................... 0.1045,034,00050,808,000
–11.36
68. Mutual Fire Insurance Co of BC................... 0.1043,292,00052,945,000
–18.23
69. Great American Insurance............................ 0.0941,831,00040,900,0002.28
70. Caisse Centrale De Reassurance................. 0.0941,139,00041,240,000
–0.24
71. Ontario School Board’s Insurance................ 0.0940,054,00039,326,0001.85
72. Triton Insurance............................................ 0.0837,228,00036,445,0002.15
73. AXIS Reinsurance Company......................... 0.08 36,942,000
00.00
74. Le Groupe Estrie–Richelieu........................... 0.0836,555,00033,838,0008.03
75. Tokio Marine & Nichido Fire.......................... 0.0732,013,00032,292,000
–0.86
–3.72
76. Toa Reinsurance Co of America................... 0.0730,371,00031,543,000
77. Chicago Title................................................. 0.0628,178,00026,256,0007.32
78. Mitsui Sumitomo Insurance.......................... 0.0420,229,00020,198,0000.15
79. PEI Mutual Insurance Company................... 0.0419,198,00017,795,0007.88
80. Associated Electric & Gas Insurance............ 0.0417,659,00026,033,000
–32.17
81. MAPFRE Re Compania De Re, S.A.............. 0.0417,055,00015,481,000
10.17
82. Hartford Fire Insurance................................. 0.0416,373,00014,414,000
13.59
7,482,000109.09
83. Everest Insurance Co of Canada.................. 0.03 15,644,000
17.20
84. Federal Insurance Company......................... 0.0315,053,00012,844,000
85. Co–operative Hail Ins Co Ltd........................ 0.0313,967,00029,015,000
–51.86
86. Western Surety Company............................. 0.0313,809,00013,669,0001.02
87. Sirius America Insurance.............................. 0.0313,709,00013,444,0001.97
88. Aspen Insurance UK Limited........................ 0.0313,583,00012,622,0007.61
89. Euler Hermes North America Insurance....... 0.0313,430,00016,814,000
–20.13
90. DAS Legal Protection Insurance Company.. 0.0312,847,00012,600,0001.96
8.19
91. Munich Reinsurance America, Inc................ 0.029,812,0009,069,000
92. Mennonite Mutual Fire Ins Company of SK.. 0.029,791,0008,773,000
11.60
93. Legacy General Insurance............................ 0.029,127,0009,969,000
–8.45
94. American Road Insurance Company............ 0.028,581,0007,830,000
9.59
95. Kings Mutual Insurance Company................ 0.027,964,0007,460,000
6.76
96. The Mearie Group......................................... 0.016,385,0007,843,000
–18.59
97. Arch Insurance (Canada).............................. 0.01
6,043,000 13,065,000–53.75
98. Sompo Japan Nipponkoa............................. 0.015,748,0006,737,000
–14.68
99. Atradius Credit Insurance N.V...................... 0.015,173,0003,848,000
34.43
100. Pacific Coast Fishermen’s Mutual Marine.... 0.015,062,0005,643,000
–10.30
101. Antigonish Farmers’ Mutual.......................... 0.014,896,0004,625,000
5.86
102. Fundy Mutual Insurance............................... 0.012,874,0002,753,000
4.40
103. Electric Insurance Company......................... 0.01 2,620,000
00.00
104. Clare Mutual Insurance Company................ 0.001,832,0001,856,000
–1.29
105. Omega General Insurance............................ 0.00
1,767,000 25,187,000–92.98
106. Protective Insurance Company.................... 0.001,082,0001,771,000
–38.90
107. T.H.E. Insurance Company........................... 0.00492,000825,000
–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
12-29_CoverStory 2016.indd 28
is “put back” the way is was, or will
they play an active role in working
to ensure that the Fort McMurray
wildfire loss isn’t repeated some time
again in the near future?
In other words, will insurers be open
to the concept of building back better?
Prior to this event, ICLR had been
working with its Insurance Advisory
Committee on its Insurers Rebuild
Better Homes program, which identifies best practices for the design and
construction of homes to reduce the
risk of loss and damage from several
natural hazards, including wildfire.
The program sets out three essential
elements for each hazard — basement
flooding, wildfire, extreme wind and
hail — that provide the greatest impact
on risk reduction, plus several additional elements that would further improve
resilience if funds are available. These
elements are actively encouraged when
insurance companies respond to a total
loss, but should also be considered with
a partial loss event.
Elements of the program dealing
with wildfires are recommended in
all areas at risk of wildfire, and are
particularly important in the wildlandurban interface, such as Fort McMurray.
This unfortunate loss event offers a
great opportunity for Canada’s insurers to work with the Government of
Alberta, the federal government and
others to prevent a repeat of this disaster in the decades ahead.
As noted many times in the popular culture: The definition of insanity is doing the same thing over and
over again and expecting different
results.
Now is the time to break the cycle of
loss that has taken a grip in Canada.
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:25 PM
2016 RIMS CANADA CONFERENCE
“RESILIENCE IS OUR STORY”
CALGARY TELUS CONVENTION CENTER
September 11–14, 2016
Canada’s most vibrant city
Powered by resourcefulness
Sustained by resilience
www.rimscanadaconference.ca
12-29_CoverStory 2016.indd 29
2016-06-06 3:25 PM
Companies (Total Business) N.P.W. - By Company Name
Company
%2015
MarketN.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................... 3.031,370,172,000
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........................................... 8.583,883,490,000
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............. 5.202,354,451,000
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............. 5.542,509,983,000
Echelon Insurance.......................................... 0.33 150,633,000
Economical Insurance.................................... 4.271,935,352,000
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......................... 16.417,432,733,000
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
MarketN.P.W.
Lloyd’s Underwriters...................................... 6.803,077,761,000
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................ 2.501,132,822,000
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....................................... 5.852,650,905,000
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................... 6.602,986,668,000
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........................................... 3.111,409,657,000
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......................... 4.812,177,268,000
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
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
SUM Sta
30-31_Alpha NPW 2016.indd 30
2016-06-06 3:26 PM
Many know us as casualty specialists. Now we are turning our
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SUM Statistical Issue 4_16.indd 1
30-31_Alpha NPW 2016.indd 31
5/2/16 2:21 PM
2016-06-06 3:26 PM
How The Private Companies Rank (Property) N.P.W.
%2015
MarketN.P.W.
%2015
MarketN.P.W.
1. Intact Financial Corporation................. 15.872,724,437,000
47. Heartland Farm Mutual........................ 0.28 48,324,000
2. Aviva Canada Inc................................. 8.091,389,652,000
48. Unica Insurance................................... 0.25 43,643,000
3. Lloyd’s Underwriters............................ 7.581,301,584,000
49. CAA Insurance.................................... 0.25 43,254,000
4. RSA Canada Group.............................. 6.141,054,641,000
50. General Reinsurance Corp................... 0.24 41,025,000
5. Wawanesa Mutual Insurance............... 5.941,019,002,000
51. Mutual Fire Insurance Co of BC........... 0.24 40,971,000
6. Co–operators General Insurance Co.... 5.59958,944,000
52. Saskatchewan Mutual Insurance......... 0.23 39,781,000
7. Desjardins General Insurance Group... 5.37922,041,000
53. Liberty Mutual Insurance...................... 0.20 34,980,000
8. TD Insurance, General Insurance......... 5.32913,761,000
54. Le Groupe Estrie–Richelieu.................. 0.18 31,057,000
9. Economical Insurance.......................... 3.87663,654,000
55. Everest Reinsurance Company............ 0.13 22,419,000
10. Travelers Canada................................. 2.69462,351,000
56. XL Specialty Insurance......................... 0.13 22,399,000
11. Northbridge Financial Corporation....... 2.33400,203,000
57. Echelon Insurance................................ 0.13 22,293,000
12. La Capitale Assurances Gen Inc.......... 2.04350,186,000
58. Caisse Centrale De Reassurance......... 0.11 19,040,000
13. Ontario Mutual Insurance..................... 1.94333,427,000
59. ACE INA Insurance.............................. 0.11 18,130,000
14. Allstate Insurance Co of Canada......... 1.92329,317,000
60. Great American Insurance.................... 0.10 17,617,000
15. SGI Canada Group............................... 1.83313,606,000
61. XL Reinsurance America, Inc - Cdn Branch0.10 17,546,000
16. Chubb Insurance Co of Canada.......... 1.68287,935,000
62. PEI Mutual Insurance Company........... 0.10 16,800,000
17. Zurich Insurance Company Ltd............ 1.56268,394,000
63. Ontario School Board’s Insurance....... 0.09 15,003,000
18. Munich Reinsurance Cda Group.......... 1.24212,203,000
64. MAPFRE Re Compania De Re, S.A..... 0.08 14,181,000
19. Factory Mutual Insurance Company.... 1.01173,347,000
65. Toa Reinsurance Co of America.......... 0.08 13,939,000
20. RBC General Insurance........................ 0.99170,722,000
66. Tokio Marine & Nichido Fire................. 0.08 13,483,000
21. Gore Mutual Insurance Company........ 0.89152,984,000
67. Aspen Insurance UK Limited................ 0.07 12,459,000
22. Hannover Ruck SE............................... 0.77132,437,000
68. RBC Insurance Company Of Canada.. 0.07 11,839,000
23. Promutuel Reassurance....................... 0.77132,095,000
69. Hartford Fire Insurance........................ 0.07 11,568,000
24. AIG Insurance Co Of Canada............... 0.77131,862,000
70. Sirius America Insurance...................... 0.07 11,412,000
25. SCOR Canada Reinsurance................. 0.69117,971,000
71. Triton Insurance................................... 0.05 9,442,000
26. Allianz Global Risks US........................ 0.61104,179,000
72. Mennonite Mutual Fire Ins Company of SK0.05
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
32-33_Rank Property 2016.indd 32
17,169,336,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:27 PM
GK_Ad_ClaimsCanada.pdf
1
11-11-03
2:51 PM
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• Forensic Engineering
• Loss Mitigation / Remediation
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416.368.1700
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32-33_Rank Property 2016.indd 33
2016-06-06 3:27 PM
How The Private Companies Rank (Automobile) N.P.W.
%2015
MarketN.P.W.
%2015
MarketN.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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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 26,344,00012.28
65,694,000168,336,00012.50
69,400,000 67,639,00014.39
17,000,000104,596,000 5.90
47,335,000176,591,00010.17
31,471,000439,040,000 9.30
88.79
69,536,000 52,409,00010.48
95.47
38,306,000 30,670,000 4.20
2,127,000 5,527,0005.11
(Continued On Page 38)
CAA Insurance......................................... 183,493,000178,107,00094,267,000
52.931,403,0005,857,000
66,859,000
41.61 94.54 13,411,000
18,308,000
16.67
SSQ, Societe D’Assurances Gen.............. 208,358,000216,489,000147,282,000
68.03 7,631,000 7,570,00051,879,00030.99 99.02
Allianz Global Risks US............................. 223,890,000205,814,000160,518,000
77.9916,799,00012,358,00041,897,00034.52 112.51 –25,758,00016,349,000
–0.03
Factory Mutual Insurance Company......... 232,359,000224,987,000257,119,000
114.28
–16,374,00012,429,00047,265,00019.25 133.53 –75,452,00042,649,000
–0.40
Industrielle Alliance Compagnie................ 237,152,000230,507,000161,138,000
69.91 5,200,000 9,095,00060,434,00032.42 102.33 –5,360,000 2,065,000
–5.99
Pembridge Insurance Company............... 240,419,000236,149,000170,845,000
72.3541,696,000 7,607,00024,392,00031.21 103.56 –2,745,000 8,757,0003.31
Liberty Mutual Insurance........................... 241,059,000226,150,000137,944,000
61.0012,301,000 9,119,00027,859,00021.79 82.79 38,927,00028,885,000
10.81
CNA Canada............................................. 254,887,000254,113,000125,003,000
49.1948,329,000 7,742,00030,814,00034.19 83.38 42,055,00033,701,000
11.35
Alberta Motor Association......................... 291,392,000298,255,000233,855,000
78.4135,090,000 9,351,00036,721,00027.21 105.62 –6,995,000 –774,000
–2.73
Guarantee Company Of North America.... 340,533,000329,915,000156,091,000
47.3182,970,00010,904,00058,671,00046.24 93.55 20,680,00054,857,000
11.58
Gore Mutual Insurance Company............. 361,454,000348,049,000212,506,000
61.0674,171,00012,614,00042,531,00037.15 98.21 15,710,00013,451,0008.22
AIG Insurance Co Of Canada.................... 385,389,000532,748,000312,208,000
58.6011,641,00035,504,00074,087,00022.76 81.36 100,381,000
105,025,000
16.86
Ontario Mutual Insurance.......................... 602,666,000 585,668,000 326,889,00055.81116,746,000 1,416,000114,138,000 39.66
SGI Canada Group.................................... 620,840,000583,655,000345,286,000
59.16
129,898,00026,892,00068,215,00038.55 97.71 16,986,00048,032,000
19.13
Chubb Insurance Co of Canada............... 633,516,000 620,542,000 324,939,00052.36102,532,000 21,500,000102,035,000 36.43
Zurich Insurance Company Ltd................. 691,730,000743,084,000785,931,000
105.7769,723,00042,179,000
139,114,00033.78 139.55–272,403,00058,070,000
–16.77
RBC General Insurance............................. 789,163,000
La Capitale Assurances Gen Inc............... 870,518,000 843,546,000 528,269,00062.62102,376,000 28,457,000160,678,000 34.56
Northbridge Financial Corporation............ 1,132,822,0001,117,144,000 657,126,00058.82177,040,000 38,652,000183,766,000 35.76
Allstate Insurance Co of Canada.............. 1,370,172,0001,311,777,000 917,348,00069.93103,328,000 41,800,000210,651,000 27.12
Travelers Canada...................................... 1,409,657,0001,434,030,000 861,953,00060.11259,052,000 49,174,000259,092,000 39.56
Economical Insurance............................... 1,935,352,0001,905,655,0001,222,938,00064.17363,688,000 66,715,000231,638,000 34.74
218,859,000
59,803,000143,723,00011.00
280,935,000
93.43 177,844,000130,668,000 8.25
Wawanesa Mutual Insurance.................... 2,177,268,0002,134,314,0001,477,854,00069.24393,916,000 76,390,000187,563,000 30.82 100.06
Co–operators General Insurance Co........ 2,354,451,0002,271,646,0001,486,937,00065.46307,623,000 72,528,000370,162,000 33.03
Desjardins General Insurance Group........ 2,509,983,000
RSA Canada Group................................... 2,650,905,0002,703,528,0001,672,832,00061.88363,481,000 97,913,000391,458,000 31.55
TD Insurance, General Insurance.............. 2,986,668,0002,955,390,0002,293,581,00077.61483,991,000100,301,000288,879,000 29.55 107.16 –211,362,000183,110,000–1.31
Lloyd’s Underwriters................................. 3,077,761,000
461,242,000
$
Undrwtg.
Profit
Inv.
or Loss
Income
94.79 200,545,000120,331,00015.75
94.98
%%
Total
Expense
Ratio
Aviva Canada Inc...................................... 3,883,490,0003,854,923,0002,453,396,00063.64779,927,000134,129,000286,926,000 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
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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
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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 7,580,0007.50
7,869,000 5,196,000
13.26
762,000 6,056,0005.79
$
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 7,887,0008.38
2,544,000 4,929,0007.49
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
72,079,00065.45 –3,937,000 10,267,000 27,261,000 30.50
95.95
2,697,000 15.60
4,455,000 29,903,00014.77
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
76,0004,322,000
5.86
6,162,000 2,422,000
10.81
1,817,000 3,923,000
11.01
–533,0004,732,000
2.38
9,0001,042,0005,706,000
16.92 47.02 21,158,0005,548,000
16.05
28,178,000
5,758,00020.43 14,447,000
705,000
1,980,000 60.80
81.23
548,00012.07
–404,0002,011,000
2.22
5,294,000
PEI Mutual Insurance Company................ 19,198,00018,409,00013,579,000
73.762,257,000 211,0003,900,000
34.59108.35 –1,538,0002,875,000
3.13
Mitsui Sumitomo Insurance...................... 20,229,00020,189,00014,307,000
70.871,817,000 767,0003,702,000
31.14102.01
Chicago Title............................................. 28,178,000
Tokio Marine & Nichido Fire...................... 32,013,00031,166,00018,025,000
57.844,158,000 938,0006,100,000
35.92 93.76 1,953,0001,217,000
4.01
Le Groupe Estrie–Richelieu....................... 36,555,00035,402,00016,030,000
45.287,062,0004,796,000
33.50 78.78 7,514,0003,620,000
11.44
Triton Insurance........................................ 37,228,00039,936,00012,021,000
30.10
Ontario School Board’s Insurance............ 40,054,00040,523,00031,182,000
76.951,109,0002,772,0009.58 86.53 5,460,0008,657,000
14.70
Great American Insurance........................ 41,831,00042,346,00022,221,000
52.477,213,0002,798,000
10,647,000
48.78101.25
Mutual Fire Insurance Co of BC................ 43,292,00041,399,00027,552,000
66.557,497,0001,995,0005,764,000
36.85103.40 –1,446,0002,508,000
2.71
Motors Insurance Corporation.................. 45,034,00048,830,00016,360,000
33.501,106,0002,684,0002,270,000
12.41 45.91 26,420,000
11,715,000
13.68
Western Financial Insurance..................... 51,293,00051,174,00030,060,000
58.741,189,0001,939,000
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
52.3610,411,000 2,791,00010,136,00045.03 97.39
Berkley Insurance Company..................... 60,908,00047,586,00028,939,000
60.817,781,0001,581,000
13,694,000
48.45109.26 –4,113,0002,687,000
–2.32
Trisura Guarantee Insurance..................... 72,159,000 64,595,000 13,177,000
20.4020,560,000 3,083,00021,181,00069.39 89.79
Wynward Insurance Group....................... 75,099,000 71,215,000 38,831,000
54.5315,468,000 3,625,00011,141,00042.45 96.98
Red River Mutual....................................... 81,091,00077,234,00045,914,000
59.45
19,946,0003,729,0008,780,000
42.02101.47
Heartland Farm Mutual............................. 89,446,000 86,171,000 46,282,000
53.7119,565,000 2,837,00012,742,00040.78 94.49
Affiliated FM Insurance............................. 93,733,00089,460,00047,945,000
53.595,860,0003,547,000
13,023,000
25.07 78.66 19,074,000
13,611,000
15.45
XL Specialty Insurance.............................. 94,407,000 87,524,000108,983,000
124.52 3,512,000 5,050,00028,277,00042.09 166.61 –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
66.6514,216,000 3,085,00011,033,00028.87 95.52
Stewart Title Guaranty Company.............. 104,294,000
Boiler Inspection & Insurance Company... 111,109,000107,546,000 32,677,000
30.3826,119,000 1,450,00021,039,00045.20 75.58 26,261,000 5,433,000
28.91
RBC Insurance Company Of Canada....... 112,680,000112,720,000 46,833,000
41.5510,736,000 2,557,00043,586,00050.46 92.01
Old Republic Insurance Company............ 116,947,000114,444,000 62,187,000
54.3428,633,000 3,018,00014,091,00039.97 94.31 11,174,000 3,798,000
16.90
Unica Insurance........................................ 118,841,000116,891,000 76,008,000
65.0220,869,000 3,763,00015,467,00034.30 99.32
Cumis General Insurance.......................... 119,550,000114,124,000 69,990,000
61.3323,508,000 4,408,00013,126,00035.96 97.29
Lawyers’ Professional Indemnity.............. 120,761,000
Optimum General Inc................................ 125,057,000125,279,000 69,690,000
55.6317,527,000 5,568,00024,215,00037.76 93.39
Peace Hills General Insurance.................. 135,257,000143,727,000 91,234,000
63.4828,814,000 7,629,00022,867,00041.27 104.75 –4,083,000 6,187,0002.23
144,754,000
Echelon Insurance..................................... 150,633,000146,669,000 90,735,000
61.8625,443,000 5,254,00025,311,00038.19 100.05
L’Unique Assurances Generales............... 173,092,000175,222,000107,826,000
61.5476,170,000 6,143,00025,378,00061.46 123.00
Portage La Prairie Mutual.......................... 178,790,000184,642,000117,142,000
63.4435,253,000 7,596,00027,269,00037.98 101.42
$
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
7,412,00063.02 –7,225,000
13,967,000
8,445,00060.46 –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
–876,0002,170,000
–3.61
1,167,000
Euler Hermes North America Insurance.... 13,430,00011,746,00011,488,000
97.80
–6,462,0001,709,0007,997,000
27.62125.42
–833,0001,252,000
1.48
Western Surety Company......................... 13,809,00012,917,000 –266,000
–2.068,647,000 478,0002,009,000
86.20 84.14 2,049,0001,994,000
12.92
Co–operative Hail Ins Co Ltd.................... 13,967,000
8,303,000 27.06
24,0004,049,000
33.18105.71
2,105,000
Federal Insurance Company..................... 15,053,00015,334,00011,122,000
72.531,015,000
Everest Insurance Co of Canada.............. 15,644,000
Hartford Fire Insurance............................. 16,373,00015,376,00013,026,000
84.72 964,000 483,0003,478,000
32.03116.75 –2,575,0003,047,000
0.00
Associated Electric & Gas Insurance........ 17,659,00010,245,00016,120,000
157.35
–2,016,000 814,0005,723,000
44.13201.48 2,901,0003,564,000
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
7,707,00089.81
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
4,821,00076.72
–819,000
840,000
376,000
464,000
177,000
2,487,000
371,000 7.13
2,481,00052.45
1,259,00021.43
10,575,000117.32 –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
337,00056.93
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
–873,000110.65
2,343,000216.54
370,000
132,000
–7,000
164,000
3,000
81,000
1,561,000
125,000
1,435,00050.25 –1,243,000
571,00032.17
–1,207,000–46.07
1,907,00068.25
–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
128,00012.93
4.78
–26,000–7.26
1,242,000
96.56 1,868,563,0002,913,293,000
91.89
210.16
107.22
98.42
–4.73
143.80
Antigonish Farmers’ Mutual...................... 4,896,0004,839,0002,773,000
57.31759,000231,000914,000
39.3596.66 162,000
–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
68.561,567,000 301,0003,015,000
62.68131.24 –2,336,0002,436,000
0.47
American Road Insurance Company........ 8,581,000
Legacy General Insurance........................ 9,127,000 5,182,000 1,758,000
33.931,852,0002,334,000
80.78114.71
Mennonite Mutual Fire Ins Co of SK......... 9,791,000 9,247,000 3,162,000
34.191,573,000 436,0002,193,000
45.44 79.63 2,042,000 347,000
23.11
TOTALS........................................................ 43,450,814,00043,233,364,000 27,859,981,000 64.446,367,633,000 1,535,905,000 5,983,164,000
73.
72.DAS Legal Protection Insurance Company.. 12,847,00011,876,000 9,527,000
80.222,314,000 300,0005,613,000
69.27149.49 –5,878,000 206,000
–79.95
65.
UNDERWRITING RESULTS
40
40-43_Totl Dir Writ Bus 2016.indd 40
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
38250 B
2016-06-06 3:30 PM
Northbridge Financial Corporation............ 1,267,442,000 27,720,000 4,874,00026,044,000 26,372,000211,748,000 517,124,00022,974,00051,534,000236,585,000135,909,0001,509,000
2,882,000 2,167,000
AIG Insurance Co Of Canada.................... 1,148,135,000 10,666,000 2,013,00015,356,000 18,796,000168,103,000 413,001,00038,489,00031,708,000301,957,000138,510,0002,436,000
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
16,832,00012,263,00028,721,000635,637,0001,235,0002,026,00082,049,00011,090,000468,000
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 1,321,0006,869,000 6,397,00017,954,000132,251,00016,973,0006,887,00030,743,00036,771,000180,000
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 1,673,0001,502,000
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 4,401,00011,194,000 45,276,000 84,749,00011,167,00013,730,000 30,227,00045,240,000 65,000149,000
762,000 112,0001,901,000 2,211,00038,760,000 90,949,00015,450,0008,591,00057,169,00044,156,000138,000
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 2,059,000 319,0004,698,00048,525,00032,363,000 84,119,0004,155,0004,028,00056,130,00024,747,000143,000
184,000
25.
546,000 3,425,000 7,424,000 48,375,000132,196,000 7,227,00013,715,000 59,425,00043,790,000 588,000517,000 1,183,000
ACE INA Insurance................................... 321,062,000
Alberta Motor Association......................... 304,924,000
815,000 7,088,000 3,641,000 62,807,000124,126,000 8,764,00015,613,000 65,659,00078,760,000
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 2,757,000 698,0006,835,000 4,415,00058,420,000247,448,0005,841,0001,823,00029,366,00025,022,000 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 2,611,000 397,0003,074,000 3,296,00099,398,000373,416,0009,452,0005,556,00093,293,00091,769,000246,000
437,000 139,000
125,802,000
SGI Canada Group.................................... 656,923,000
8,000 753,917,000
19.
43,000
744,00011,705,000 9,012,000167,172,000 365,810,00017,765,00019,464,000216,833,000106,600,000 437,000
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 6,353,00062,809,000 63,348,000127,477,000
1,151,832,00011,201,000 5,401,000274,357,000297,237,000 160,000342,000
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 72,645,000105,940,000 67,365,000 598,976,000122,031,000140,906,000 906,494,000240,158,0007,069,000 324,000
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 6,778,00041,535,000 45,092,000398,354,000 722,410,00062,643,00067,657,000529,257,000660,949,0006,817,000
6,855,000 6,570,000
6.
82,799,000
TD Insurance, General Insurance.............. 3,073,905,000 39,036,000 9,729,00086,955,000 58,630,000186,969,000
1,801,557,000 7,286,000 4,342,000826,748,00032,286,000
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 65,714,000340,598,000
1,163,510,00023,858,00018,834,000464,863,000441,294,0005,630,000
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
31,106,00063,679,000
1,294,879,000
2,331,460,0007,867,0001,808,000
337,070,0007,281,000
1,062,000
2,035,000 376,000
8,531,000 183,135,000 96,284,0002,155,277,000 3,227,387,000 77,223,000 18,044,0001,433,860,000 491,094,000 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 95,879,000456,082,000
2,189,578,00094,724,00053,551,000638,021,000285,700,0007,647,000
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 &
PROVIDE
THE
ANSWERS
TODAY
WILCOX
SPEED IS OUR MIDDLE NAME.
Our vast global market relationships speed up our
quoting and binding process, quickly providing insureds
the solutions they need. When it comes to the hard-toplace, think fast. Think Burns & Wilcox Canada.
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38250 Burns Canadian Underwriter Update Location APPROVED.indd 1
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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 1,820,000 229,0001,488,0001,370,000 6,470,00012,139,0001,641,0001,185,000 6,281,0004,298,000213,00094,000
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 5,363,0001,061,0002,443,000 7,121,0001,095,000 1,000
568,000 9,516,000 428,0001,041,000 2,079,0003,884,000 25,00058,000
111,000 11,000 268,000 83,0002,554,00012,584,000 391,000 187,0003,763,0002,025,00072,000
123,000
71,000
1,000
24,000
45,000
66.
30,000 4,352,0002,164,0003,619,000 7,924,0003,062,000 5,000
161,000
313,000 151,0001,028,000 580,00018,558,000 30,894,0001,144,0001,323,00010,229,00010,471,000 63,00024,000
40,000 498,0001,046,000
Everest Insurance Co of Canada............... 23,781,000
65.
87,000 81,000 219,000 72,0003,194,00016,448,000 321,000 145,0004,041,0006,603,000 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.
67,0001,031,000 736,000 7,221,00014,019,000 463,0002,570,000 4,290,0006,212,000 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 8,193,00018,332,000 16,525,00018,920,000 135,000190,000
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.
436,000 352,000 846,000 901,00046,620,00034,935,0001,810,0001,845,000 5,580,0009,322,000 3,00065,000
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 1,152,000 245,0002,545,000 1,304,00020,491,000 60,596,0003,328,0003,019,00021,820,00019,446,000174,000
183,000
2,953,000
12,000
41.
2,443,000
49,0001,873,000 2,595,00022,655,000 60,297,0003,976,0003,387,00030,572,00016,391,000282,000
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
15,491,000 835,00014,997,000 89,755,000 328,000 491,00019,070,00021,357,000 34,00068,000
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. YukonN.W.T. Nunavut
$ $ $$ $ $ $ $ $ $ $$
$ $
By company – on a province by province basis
(Excludes A&S and Reinsurance Companies)
2015 TOTAL DIRECT WRITTEN BUSINESS
34.
Company
(Continued From Page 40)
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The Mearie Group...................................... 11,916,000
11,916,000
Electric Insurance Company..................... 10,203,000
Kings Mutual Insurance Company............ 8,899,000
6,000
8,893,000
American Road Insurance Company........ 8,581,000
Antigonish Farmers’ Mutual...................... 5,944,000
5,944,000
72.
73.
74.
75.
76.
6,000 98,000 87,0001,370,000 4,883,000 385,000 259,0001,595,000 399,000
1,077,000
Clare Mutual Insurance Company............. 3,025,000
3,025,000
Protective Insurance Company................. 2,190,000
Federal Insurance Company..................... 710,000 3,000 3,000 2,00081,000518,0004,0008,00021,00070,000
Corepointe Insurance................................ 44,000 1,0001,0002,000 5,00019,0001,0002,00010,0003,000
80.
81.
82.
83.
Totals........................................................ 48,201,609,000
Fundy Mutual Insurance............................ 3,758,000
3,758,000
79.
765,637,000 155,458,000
1,128,956,000 957,662,0007,965,481,00022,451,816,000 875,253,0001,229,116,0008,589,846,000 3,952,887,00064,255,000 89,405,00029,082,000
6,000 3,00025,000 41,000368,000
1,254,00042,00014,000304,000133,000
Pacific Coast Fishermen’s Mutual Marine.
5,692,000
5,692,000
5,424,000 2,000337,000
3,804,00035,00099,000377,000770,000
Sompo Japan Nipponkoa......................... 77.
78.
93,000 255,000 121,0002,205,000 2,188,000 229,000 438,0002,321,000 687,00016,000
28,000
44,000
157,0002,622,000 3,899,0002,470,000 51,0003,536,0001,545,000
Mennonite Mutual Fire Ins Co of SK......... 17,754,000
17,754,000
14,280,000
Atradius Credit Insurance N.V................... 70.
Totals
Nfld.
P.E.I. N.S.
N.B. Quebec Ontario Manitoba Sask. Alberta
B.C. YukonN.W.T. Nunavut
$ $ $$ $ $ $ $ $ $ $$
$ $
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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2016-06-06 3:30 PM
iAutoCon
271,000
803,0001,572,000 261,000
1,522,000895,192,000 47,336,000 2,338,0005,549,000 1,009,000
40,356,000594,397,000 1,708,910,000247,288,000
48,531,000939,056,000 2,093,956,000
4,305,000 3,785,0004,237,000 463,000
846,000 9,621,000
322,503,000
19,000
157,598,000103,484,000
8,998,00014,627,000 507,364,000
11,067,000 2,469,000 542,283,000
471,000
233,000
976,000
461,00060,924,000 2,319,000
327,00091,324,000
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.
830,00014,495,000
185,000 5,465,000
364,000 1,448,00033,803,000 5,023,000
86,250,00010,912,000 2,756,000
86,963,000
55,000
14,000 22,000 10,000
311,000 475,000
954,0004,819,000 92,464,000
3,000
1,0003,836,000
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 3,037,00022,061,000
7,259,000
26,310,000
863,00019,914,000
10,000 891,000
(Continued On Page 46)
2,000 3,000
13,000 2,000
1,925,0009,347,000 13,551,0001,683,0002,491,0009,656,000 6,958,000 161,000284,000 18,000
Cumis General Insurance...................46,874,000
156,000531,000839,000 1,620,00040,115,000 14,000 17,000
3,562,000
Lloyd’s Underwriters.......................... 47,455,000480,000
Old Republic Insurance Company.....63,234,000
299,000 13,000594,000 1,190,000203,00053,130,000 31,000 26,000
7,568,000 101,000 29,000
32,00018,000
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
3,718,0009,104,000 52,954,000 556,000 616,000
12,646,000 2,399,000
136,000
7,281,00064,021,000158,000182,000
12,898,000 318,000 6,000
23,000
28.
AIG Insurance Co Of Canada............. 84,436,000413,000 481,0001,401,000
Unica Insurance.................................
86,697,000
86,697,000
Chubb Insurance Co of Canada........ 85,520,000
225,000 13,000259,000
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.
615,00012,631,000
3,686,00021,196,000
SSQ, Societe D’Assurances Gen....... 122,085,000
122,085,000
Echelon Insurance.............................. 128,535,000
Zurich Insurance Company Ltd.......... 160,838,0001,864,000
24.Guarantee Company Of North America....104,034,000 64,000 146,0001,661,000
13,000
Gore Mutual Insurance Company......
185,199,000
185,120,000
17,000
49,000
13,000
15,000 56,000
18.
1,000 151,364,00011,993,000
17.
Pembridge Insurance Company........ 187,437,00011,179,000 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 1,856,00010,377,000 13,243,00069,637,000 270,480,000 2,131,000 2,863,000
104,495,000 4,827,000
RBC General Insurance...................... 620,118,000
10,104,000 2,730,00011,286,000
Travelers Canada............................... 696,785,000
11,449,00010,984,00024,068,000
Allstate Insurance Co of Canada....... 1,042,571,00027,731,000 41,319,00058,170,000 819,126,00095,878,000
Economical Insurance........................1,119,061,000 782,000 3,171,00030,354,000 37,190,00045,692,000 740,104,000
87,000
549,000 3,667,000
2,068,000 309,000
367,000237,032,000 40,441,000 2,517,0002,227,000 1,666,000
5,118,000327,244,000
Wawanesa Mutual Insurance............. 1,120,037,000 9,122,00047,585,000 73,349,00040,598,000 405,042,000
539,563,000 4,367,000 324,000
Co–operators General Insurance Co.1,143,026,000
42,423,00011,919,00030,051,000 32,219,00023,322,000 663,529,000
433,000
31,663,000107,844,000
619,392,000
51,226,000212,933,000 1,288,854,000 1,013,000
RSA Canada Group............................ 1,203,783,00097,906,000
3,881,000 58,414,000
Aviva Canada Inc............................... 2,060,649,00080,964,000 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 8,439,00059,388,000 41,442,00083,614,0001,302,511,000
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
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2016-05-31 3:30
4:45 PM
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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).................... 3,956,0004,000
110,000
Mitsui Sumitomo Insurance............... 3,654,00040,000 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
484,0001,601,000 10,923,000
141,000 1,906,000
219,00012,464,000
772,000
30,000 115,0009,309,000 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
6,000490,000 43,000 2,0006,000 1,000
54.
55.
6,000418,000 112,000 1,000
583,000 28,000 35,000186,000 105,000
745,000 2,000
8,00081,000 200,000 9,00014,000
162,000 36,000
15,000178,000
3,000202,000
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.......182,0004,0003,000172,0003,000
Federal Insurance Company.............. 200,00025,000 150,00015,000 10,000
9,00067,000 –456,00063,00093,000
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.............. 524,0007,000 7,000
1,000 28,000
Totals................................................. 21,804,805,000414,801,000
77,204,000 547,136,000
473,241,0003,035,600,000 12,633,683,000
11,324,000 196,378,0004,128,977,000
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
19,00010,000
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.
41,000368,000 1,254,000 42,000 14,000304,000 133,000
18,000295,000 2,701,000 27,000
15,00054,0002,284,00021,000
1,420,000 57,000–5,000
–4,000
687,000
5,000398,000 132,000 1,0002,000
2,188,000 229,000 438,0002,321,000
25,000528,000 7,705,000 4,000
121,0002,205,000
3,000 25,000
8,581,000 93,000 255,000
Tokio Marine & Nichido Fire............... 8,931,00035,000
Saskatchewan Mutual Insurance.......
10,982,000
1,749,000
9,232,000
1,000
Liberty Mutual Insurance.................... 23,978,000150,000
CNA Canada......................................
Optimum General Inc......................... 35,328,0006,433,000 25,654,0003,241,000
ACE INA Insurance............................36,296,000
387,000185,000506,000 2,177,000
2,671,00018,835,000626,000714,000
8,941,000
1,102,000 86,000
50,00016,000
35.
36.
Totals
Nfld.
P.E.I. N.S.
N.B. Quebec Ontario Manitoba Sask. Alberta
B.C. YukonN.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
LossesLoss
IncurredRatio
$%
PROPERTY TOTAL
FIVE
YEAR
RECORD
BY
CLASSES
2011 13,781,178,000 9,485,469,00068.83
2012 14,284,213,000 8,883,438,00062.19
2013 14,984,419,00010,902,670,00072.76
2014 16,025,306,00010,081,129,00062.91
2015 16,965,325,000 9,453,832,00055.72
Total 76,040,441,00048,806,538,00064.18
2015 Net Premiums Written: 17,169,336,000
2015 Direct Written Premiums: 18,458,974,000
AIRCRAFT
2011
193,273,000 129,689,00067.10
2012
129,564,000
58,380,00045.06
2013
130,281,000
69,783,00053.56
2014
163,137,000
273,009,000167.35
2015
157,518,000 103,336,00065.60
Total
773,773,000 634,197,00081.96
2015 Net Premiums Written: 145,539,000
2015 Direct Written Premiums: 215,449,000
AUTO TOTAL
2011 19,611,406,00014,428,363,00073.57
2012 20,206,373,00014,479,776,00071.66
2013 20,706,932,00014,889,452,00071.91
2014 20,998,631,00015,591,111,00074.25
2015 20,658,452,00015,101,553,00073.10
Total 102,181,794,00074,490,255,00072.90
2015 Net Premiums Written: 20,642,736,000
2015 Direct Written Premiums: 21,804,790,000
Net Premiums
Earned
$
Net
LossesLoss
IncurredRatio
$%
FIDELITY
2011
115,770,000
20,920,00018.07
2012
111,618,000
42,175,00037.79
2013
108,238,000
42,281,00039.06
2014
110,640,000
146,503,000132.41
2015
111,294,000
8,280,0007.44
Total
557,560,000 260,159,00046.66
2015 Net Premiums Written: 108,400,000
2015 Direct Written Premiums: 116,856,000
HAIL
2011
55,967,000
23,665,00042.28
2012
22,983,000
32,155,000139.91
2013
57,281,000
18,932,00033.05
2014
52,431,000
29,126,00055.55
2015
36,651,000
18,746,00051.15
Total
225,313,000 122,624,00054.42
2015 Net Premiums Written: 35,739,000
2015 Direct Written Premiums: 63,550,000
LEGAL EXPENSE
2011
11,503,000
6,908,00060.05
2012
11,830,000
8,759,00074.04
12,939,000
14,492,000112.00
2013
2014
20,979,000
14,919,00071.11
2015
29,480,000
21,692,00073.58
Total
86,731,000
66,770,00076.99
2015 Net Premiums Written: 37,485,000
2015 Direct Written Premiums: 35,261,000
BOILER/MACH-EXCLD
TITLE
LIABILITY
2011
336,724,000 173,365,00051.49
2012
340,246,000 121,953,00035.84
355,532,000 140,787,00039.60
2013
2014
393,985,000 229,006,00058.13
2015
440,082,000 227,934,00051.79
Total 1,866,569,000 893,045,00047.84
2015 Net Premiums Written: 485,660,000
2015 Direct Written Premiums: 457,855,000
2011
213,048,000
48,132,00022.59
2012
218,243,000
47,721,00021.87
240,590,000
50,262,00020.89
2013
2014
256,507,000
74,167,00028.91
2015
281,766,000
86,195,00030.59
Total 1,210,154,000 306,477,00025.33
2015 Net Premiums Written: 281,766,000
2015 Direct Written Premiums: 283,084,000
2011 4,696,413,000 2,902,308,00061.80
2012 4,531,953,000 2,550,352,00056.27
2013 4,616,929,000 2,437,324,00052.79
2014 4,607,863,000 2,461,512,00053.42
2015 4,916,271,000 3,063,163,00062.31
Total 23,369,429,00013,414,659,00057.40
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
1,667,00024.93
2013
16,843,000
5,045,00029.95
2014
25,227,000
11,595,00045.96
2015
30,632,000
9,456,00030.87
Total
79,390,000
27,763,00034.97
2015 Net Premiums Written: 37,438,000
2015 Direct Written Premiums: 45,874,000
2011
272,986,000 159,817,00058.54
2012
316,754,000 130,063,00041.06
2013
321,938,000 169,097,00052.52
2014
307,318,000 162,891,00053.00
2015
321,646,000 192,381,00059.81
Total 1,540,642,000 814,249,00052.85
2015 Net Premiums Written: 320,344,000
2015 Direct Written Premiums: 351,303,000
2011
43,580,000
34,236,00078.56
2012
13,279,000
13,265,00099.89
2013
2,196,000
1,408,00064.12
2014
2,436,000
6,646,000272.82
2015
1,360,000
546,00040.15
Total
62,851,000
56,101,00089.26
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
4,936,00022.67
2013
27,285,000
5,274,00019.33
2014
36,182,000
18,294,00050.56
2015
32,780,000
18,667,00056.95
Total
137,642,000
44,560,00032.37
2015 Net Premiums Written: 38,741,000
2015 Direct Written Premiums: 89,194,000
2011
594,959,000 258,176,00043.39
2012
580,713,000 241,130,00041.52
2013
580,765,000 279,405,00048.11
2014
469,677,000 163,311,00034.77
2015
477,956,000 232,233,00048.59
Total 2,704,070,000 1,174,255,00043.43
2015 Net Premiums Written: 473,174,000
2015 Direct Written Premiums: 642,217,000
2011
293,000
45,00015.36
2012
345,000
–46,000–13.33
2013
11,012,000
5,608,00050.93
2014
242,000
7,0002.89
2015
1,767,000
6,259,000354.22
Total
13,659,000
11,873,00086.92
2015 Net Premiums Written: 1,503,000
2015 Direct Written Premiums: 6,085,000
CREDIT PROTECTION
ALL CLASSES COMBINED
SURETY
2011
3,990,000
3,044,00076.29
2012
7,133,000
5,371,00075.30
2013
11,296,000
–75,000–0.66
2014
2,637,000
582,00022.07
2015
1,416,000
952,00067.23
Total
26,472,000
9,874,00037.30
2015 Net Premiums Written: 862,000
2015 Direct Written Premiums: 11,673,000
2011 40,399,689,00027,746,074,00068.68
2012 41,275,020,00026,743,364,00064.79
2013 42,643,951,00029,223,274,00068.53
2014 43,967,905,00029,421,676,00066.92
2015 45,012,195,00028,666,233,00063.69
Total 213,298,760,000141,800,621,000 66.48
2015 Net Premiums Written: 45,285,965,000
2015 Direct Written Premiums: 48,922,164,000
2011
448,976,000
74,548,00016.60
2012
471,313,000 122,269,00025.94
2013
459,475,000 191,529,00041.68
2014
494,707,000 157,868,00031.91
2015
547,799,000 121,008,00022.09
Total 2,422,270,000 667,222,00027.55
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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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:31 PM
Hannover Ruck SE.................................... 243,021,000235,407,000 108,956,000 46.28
Promutuel Reassurance............................ 167,745,000161,624,000 102,899,000 63.67
14,767,000 12.41
21,653,000 20.53
SCOR Canada Reinsurance...................... 145,379,000141,316,000
Farm Mutual Reinsurance Plan................. 132,008,000134,964,000
Swiss Reinsurance Group......................... 114,139,000118,993,000
Partner Reinsurance Company of the U.S. 100,717,000105,472,000
Transatlantic Reinsurance......................... 92,191,000 95,156,000 39,588,00041.60
2.
3.
4.
5.
6.
7.
8.
6,267,000
22,000
5,775,000
86,000
Aspen Insurance UK Limited..................... 13,583,00016,503,000
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.......................... 13,709,00013,162,000
17.
2,000
81,0004,050.00
587,00091.43
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
76.35 420,711,000202,826,000
–439,000
–247,000
4.96
12.91
–17.57 11,883,000 4,832,00010.97
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
15,414,000182,370,000
–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
1,778,831,000806,252,00045.32 354,059,000
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 18,642,00062.15
15.
6,090,00036.93
AXIS Reinsurance Company..................... 36,942,000 41,206,000 22,451,00054.48
14.
7,959,000
12. XL Reinsurance America, Inc Cdn Branch. 49,570,000 47,682,000 28,554,00059.88
Caisse Centrale De Reassurance.............. 41,139,000 40,710,000 25,993,00063.85
General Reinsurance Corp........................ 53,673,000 53,816,000 18,984,00035.28
11.
13.
5,841,000
11,940,000
Everest Reinsurance Company................. 54,259,00056,497,000–22,090,000
–39.10
10.
38,000
7,435,000
Odyssey Reinsurance Company............... 82,224,000 74,203,000 44,138,00059.48
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............... 437,120,000384,883,000 237,686,000 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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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:32 PM
ad right s
7. Lloyd’s Underwriters...................................... 1,008,939,00017,789,000 3,313,00016,717,000 14,784,000130,099,000 193,066,00025,017,00029,104,000211,991,000358,514,0001,923,0001,868,0004,754,000
8. TD Insurance, General Insurance.................. 990,388,000 8,940,000 1,290,00027,567,000 17,188,000101,994,000 490,924,000 7,286,000 4,342,000292,462,00032,286,0003,398,0002,376,000 335,000
9. Economical Insurance................................... 711,345,0001,889,000 2,374,000
26,891,00021,175,00064,494,000319,249,0009,969,0004,770,00095,207,000
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 65,118,000121,386,00028,925,00021,537,000181,223,00080,511,000
1,616,0002,687,0002,194,000
6,810,000 31,164,000
390,000 2,266,000 2,341,000 91,719,000103,000,00010,157,00011,605,000 82,789,00062,313,000 36,0008,492,000 845,000
6,000
2,000
4,000
6,000
12,982,000 17,738,000262,250,000 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
65,000 431,000 982,00010,821,000 31,517,0001,172,0004,822,00024,325,00024,033,000245,000225,0001,091,000
363,000
1,026,00077,955,000 6,826,000
16,000
22,00082,455,000 160,000
(Continued On Page 52)
35. Cumis General Insurance.............................. 74,922,000 674,000 179,0002,296,0002,529,000 2,767,00034,210,000
10,994,0003,060,000 9,556,0008,548,000 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 24,210,00020,991,000 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.................................. 93,985,000 411,000 342,000 768,000 841,00042,685,00031,526,0001,624,0001,740,000 5,128,0008,853,000 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
12,773,0004,158,00013,582,000
52,360,0009,984,00019,916,0001,869,000
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................................. 179,387,0001,582,000 165,0002,244,000 2,406,00017,406,000 50,475,0004,017,0005,904,00036,925,00055,610,000746,000
1,321,000 586,000
20. RBC General Insurance................................. 185,427,0001,223,000 336,0005,546,000 3,265,00014,094,000128,273,000 764,0001,565,00021,125,0008,771,000173,000 83,000 209,000
19. Factory Mutual Insurance Company............. 197,364,0006,657,000 907,0003,528,000 8,065,00034,156,000 67,465,0008,036,0009,584,00022,005,00036,558,000 50,000126,000 227,000
18. Chubb Insurance Co of Canada.................... 316,648,000 769,000 114,000 793,000 1,135,00046,940,000166,206,0003,240,0001,780,00036,221,00059,315,000 14,000 86,000 35,000
17. Allstate Insurance Co of Canada................... 331,672,000
12,922,00016,250,00038,331,000216,886,00047,283,000
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................ 489,704,00010,160,000 1,661,000 8,913,000 8,857,000 76,952,000158,801,00013,660,00034,609,000 84,993,00087,048,000 575,0001,571,0001,904,000
11. Travelers Canada........................................... 509,446,0009,006,000 5,218,000
19,990,000 9,806,00017,709,000282,248,0007,711,0004,066,00073,136,00077,983,000340,000
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 26,711,000 181,001,000116,002,000134,590,000 349,806,000228,113,0002,597,000
3. Desjardins General Insurance Group............ 1,381,522,0002,142,000 836,000
11,042,00021,834,000
662,666,000580,909,0007,792,0001,770,00084,494,0007,205,000257,000461,000 114,000
4. RSA Canada Group....................................... 1,181,207,00054,632,000 2,807,00055,705,000 26,487,000157,569,000 363,562,00012,975,00012,089,000170,941,000319,457,0002,099,0001,483,0001,401,000
1. Intact Financial Corporation.......................... 2,867,152,00053,961,000 2,867,00078,601,000 40,704,000965,114,000 880,964,00062,421,00010,352,000425,578,000340,416,0001,418,0004,110,000 646,000
2. Aviva Canada Inc.......................................... 1,511,331,00035,816,000 4,409,00046,558,000 35,544,000184,108,000 608,224,00072,841,00036,263,000240,830,000235,179,0003,243,0008,205,000 111,000
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 6,044,00015,040,000 12,536,00015,995,000 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 14,204,00011,681,000 23,000 24,000
225,000 6,328,000 11,749,000 815,000 989,00013,341,000 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 7,456,00016,275,000 18,000 42,000
1,000
27,000 398,000 153,000
83,000 7,561,0001,532,0001,135,000 7,916,0001,987,000 1,000 15,000
4,000 187,000 166,0007,292,000 6,689,000 218,000 114,0004,114,0003,582,00018,000 –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 1,444,000 835,00034,000
4,000 71,000255,000 943,0002,375,000 49,000413,000 272,000569,00078,000 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 56,422,000 428,956,000 318,926,0003,577,798,000 6,291,921,000 645,050,000 774,039,0003,165,655,0002,634,225,00023,071,00040,910,000 16,534,000
6,000 40,000
2,000 146,000 160,000316,000 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 2,000195,000
2,032,00033,00098,000305,000555,000
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 2,090,0001,452,000 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 32,0002,382,000 5,751,000 306,000 139,0003,554,0005,184,000 3,00022,000
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)............................... 34,003,000 372,000 118,000 511,000 466,0005,606,00012,173,0001,916,000 842,0005,511,0006,318,000
131,00039,000
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 5,236,00029,976,000 14,625,000
40. Liberty Mutual Insurance............................... 51,521,000 661,000 126,000 370,0001,445,000 7,075,00011,377,000 970,0002,819,00017,316,0009,255,000 51,000 53,000
39. Pembridge Insurance Company.................... 53,711,000
5,683,0004,543,0002,049,00031,765,0009,671,000
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 10,695,00052,687,000
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 201653
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.
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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.
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16.
17.
18.
19.
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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
MarketD.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.................. 8.8819,137,000
5. AIG Insurance Co Of Canada.............. 7.5816,327,000
6. Northbridge Financial Corporation...... 5.3011,419,000
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
MarketD.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............... 9.9645,617,000
TOTAL............................................... 45,874,000
5. Aviva Canada Inc............................... 8.6339,492,000
6. Boiler Inspection & Insurance Co....... 6.9932,002,000
7. Zurich Insurance Company Ltd.......... 4.9222,513,000
8. Allianz Global Risks US...................... 4.1719,082,000
10. Liberty Mutual Insurance................... 1.79 3,862,000
9. AIG Insurance Co Of Canada.............. 3.2414,819,000
11. ACE INA Insurance............................ 1.64 3,523,000
10. Wawanesa Mutual Insurance............. 2.4511,204,000
12. Berkley Insurance Company.............. 0.22
484,000
11. Chubb Insurance Co of Canada.......... 2.2610,327,000
1. Chubb Insurance Co of Canada.......... 18.70 21,847,000
13. Old Republic Insurance Company....... 0.07
142,000
12. Economical Insurance........................ 2.1910,035,000
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............................... 9.2610,824,000
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
MarketD.W.P.
% of
2015
MarketD.W.P.
Fidelity
% of
2015
MarketD.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 America0.19
876,000
5. Northbridge Financial Corporation...... 8.7130,593,000
14. Zurich Insurance Company Ltd.......... 1.50 1,752,000
25. Heartland Farm Mutual...................... 0.17
788,000
6. Intact Financial Corporation............... 8.2929,118,000
15. Intact Financial Corporation............... 1.30 1,523,000
7. Allianz Global Risks US...................... 5.3918,951,000
26. Le Groupe Estrie–Richelieu................ 0.14
650,000
16. AXIS Reinsurance Company............... 1.25 1,457,000
8. Zurich Insurance Company Ltd.......... 3.1611,090,000
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.............. 3.0610,745,000
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
MarketD.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
MarketD.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................................................... 51.02144,424,000
5. Guarantee Co Of North America......... 4.75 1,675,000
5. Heartland Farm Mutual...................... 0.21
135,000
2. Stewart Title Guaranty Company........ 36.84104,294,000
6. Echelon Insurance............................. 1.37
484,000
6. Intact Financial Corporation............... 0.17
111,000
3. Chicago Title..................................... 9.9828,253,000
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
MarketD.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
MarketD.W.P.
% of
2015
MarketD.W.P.
% of
2015
MarketD.W.P.
1. Lloyd’s Underwriters.......................... 21.771,251,984,000
63. T.H.E. Insurance Company................. 0.01
492,000
1.FCT................................................... 98.80 6,012,000
2. Intact Financial Corporation............... 9.98573,977,000
64. Fundy Mutual Insurance.................... 0.01
364,000
2. Corepointe Insurance......................... 0.72
44,000
3. Aviva Canada Inc............................... 6.42369,177,000
65. Clare Mutual Insurance Company...... 0.01
361,000
3. ACE INA Insurance............................ 0.25
15,000
4. AIG Insurance Co Of Canada.............. 6.17354,762,000
66. Federal Insurance Company............... 0.00
55,000
4. Zurich Insurance Company Ltd.......... 0.23
14,000
5. Zurich Insurance Company Ltd.......... 5.42311,894,000
67. SSQ, Societe D’Assurances Gen........ 0.00
1,000
6. Co–operators General Insurance Co... 3.94226,580,000
68. L’Unique Assurances Generales......... –0.10 –5,610,000
7. Northbridge Financial Corporation...... 3.84220,585,000
TOTAL............................................... 5,751,345,000
8. Chubb Insurance Co of Canada.......... 3.83220,147,000
9. RSA Canada Group............................ 3.59206,719,000
Surety
Accident & Sickness
10. Travelers Canada............................... 3.03174,507,000
11. Economical Insurance........................ 2.77159,589,000
12. Liberty Mutual Insurance................... 2.54146,341,000
14. Lawyers’ Professional Indemnity........ 2.12121,729,000
15. CNA Canada...................................... 1.6494,091,000
16. XL Specialty Insurance....................... 1.5287,614,000
17. Munich Reinsurance Cda Group......... 1.4784,560,000
18. Allianz Global Risks US...................... 1.4281,480,000
19. Desjardins General Insurance Group.. 1.3677,975,000
20. Motors Insurance Corporation............ 1.2672,617,000
21. Ontario Mutual Insurance................... 1.1264,274,000
22. Guarantee Co Of North America......... 0.9655,103,000
% of
2015
MarketD.W.P.
13. ACE INA Insurance............................ 2.50143,523,000
1. RBC Insurance Company Of Canada.. 19.70126,504,000
2. Cumis General Insurance................... 18.46118,585,000
3. RSA Canada Group............................ 17.47112,201,000
4. AIG Insurance Co Of Canada.............. 16.17103,865,000
5. Lloyd’s Underwriters.......................... 7.0445,226,000
6. Old Republic Insurance Company....... 4.9031,442,000
7. Triton Insurance................................ 4.3227,738,000
8. Allianz Global Risks US...................... 4.0926,249,000
9. Berkley Insurance Company.............. 2.4315,615,000
10. Chubb Insurance Co of Canada.......... 1.7511,270,000
23. AXIS Reinsurance Company............... 0.9554,542,000
11. ACE INA Insurance............................ 1.48 9,536,000
24. Swiss Reinsurance Group.................. 0.9152,421,000
12. Legacy General Insurance.................. 0.96 6,165,000
25. Everest Insurance Co of Canada......... 0.8951,042,000
13. CAA Insurance.................................. 0.34 2,203,000
26. SGI Canada Group............................. 0.8448,327,000
14. Alberta Motor Association.................. 0.22 1,441,000
27. Wawanesa Mutual Insurance............. 0.8146,799,000
15. Aviva Canada Inc............................... 0.16 1,049,000
28. Berkley Insurance Company.............. 0.7643,660,000
29. Trisura Guarantee Insurance.............. 0.5934,020,000
30. Gore Mutual Insurance Company....... 0.5732,548,000
31. Arch Insurance (Canada).................... 0.4525,743,000
32.XL Reinsurance America, Inc Cdn Branch.0.4425,361,000
33. Ontario School Board’s Insurance...... 0.4123,846,000
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
MarketD.W.P.
1. Intact Financial Corporation............... 19.09112,374,000
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.......... 8.1748,118,000
6. Trisura Guarantee Insurance.............. 6.6939,370,000
7. Western Surety Company.................. 4.1824,592,000
8. Liberty Mutual Insurance................... 3.5620,961,000
9. Lloyd’s Underwriters.......................... 3.0818,133,000
10. AIG Insurance Co Of Canada.............. 2.7115,927,000
11. Chubb Insurance Co of Canada.......... 2.4914,635,000
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................. 0.3520,041,000
35. Associated Electric & Gas Insurance.. 0.3419,740,000
36. Great American Insurance.................. 0.3419,496,000
37. Optimum General Inc......................... 0.3117,923,000
38. TD Insurance, General Insurance....... 0.2715,397,000
39. La Capitale Assurances Gen Inc......... 0.1810,393,000
40. Unica Insurance................................. 0.1810,107,000
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
MarketD.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
MarketD.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 201661
60-61_LeadCos DWB 2016.indd 61
2016-06-06 3:34 PM
2015
SUMMARY RESULTS
BY NATIONALITY OF COMPANY
IN CANADA
FFF
TOTAL INSURANCE
Net Claims
Net
Net
andEarned
PremiumsPremiums Adjusting Loss
Written Earned ExpensesRatio
$ $
$%
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
andEarned
PremiumsPremiums Adjusting Loss
Written Earned ExpensesRatio
$ $
$%
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
andEarned
PremiumsPremiums Adjusting Loss
Written Earned ExpensesRatio
$ $
$%
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
andEarned
PremiumsPremiums Adjusting Loss
Written Earned ExpensesRatio
$ $
$%
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
62_Smry by Nation 2016.indd 62
7,388,418,000
4,110,848,000
55.64
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:34 PM
2015
SUMMARY RESULTS
BY TYPE OF COMPANY
IN CANADA
FFF
TOTAL INSURANCE
Net Net
Net
Net Net Net Earned
PremiumsPremiums PremiumsPremiums Claims
Claims
Loss
Written
Written
Earned
Earned
& Adj. Exps.
& Adj. Exps. Ratio
$% $%$%%
Brokerage...........................33,023,804,00072.9232,625,642,000 72.4820,866,440,00072.79
Direct..................................10,427,010,00023.0210,607,722,000 23.576,993,541,00024.40
Reinsurance........................1,835,151,0004.051,778,831,000 3.95 806,252,0002.81
63.96
65.93
45.32
Total...................................45,285,965,00045,012,195,00028,666,233,000
63.69
AUTOMOBILE INSURANCE
Net Net
Net
Net Net Net Earned
PremiumsPremiums PremiumsPremiums Claims
Claims
Loss
Written
Written
Earned
Earned
& Adj. Exps.
& Adj. Exps. Ratio
$% $%$%%
Brokerage...........................14,801,105,00071.7014,717,435,000 71.2410,939,911,00072.44
74.33
Direct..................................5,594,998,000
27.105,722,796,00027.704,064,069,000
26.91 71.02
Reinsurance........................246,633,000
1.19218,221,0001.0697,573,000
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
PremiumsPremiums PremiumsPremiums Claims
Claims
Loss
Written
Written
Earned
Earned
& Adj. Exps.
& Adj. Exps. Ratio
$% $%$%%
Brokerage...........................12,506,448,00072.8412,252,540,000 72.226,755,306,00071.46
Direct..................................3,563,865,000
20.763,629,375,00021.392,204,455,000
23.32
Reinsurance........................1,099,023,0006.401,083,410,000 6.39 494,071,0005.23
55.13
60.74
45.60
Total...................................17,169,336,00016,965,325,0009,453,832,000
55.72
REMAINING INSURANCE
Net Net
Net
Net Net Net Earned
PremiumsPremiums PremiumsPremiums Claims
Claims
Loss
Written
Written
Earned
Earned
& Adj. Exps.
& Adj. Exps. Ratio
$% $%$%%
Brokerage...........................5,716,251,000
76.485,655,667,00076.553,171,223,000
77.14 56.07
Direct..................................1,268,147,000
16.971,255,551,00016.99 725,017,000
17.64 57.74
Reinsurance........................489,495,000
6.55477,200,0006.46214,608,000
5.22 44.97
Total...................................7,473,893,0007,388,418,0004,110,848,000
55.64
CANADIAN UNDERWRITER STATISTICAL ISSUE 201663
63_ Smry by Type 2016.indd 63
2016-06-06 3:34 PM
CANADIAN 2015
UNDERWRITING EXPERIENCE
COMPILED BY “CANADIAN UNDERWRITER”
COMPANY TYPE:
B — Brokerage
D — Direct Writer
R — Reinsurance Only
L — Life Only
G — Government
COMPANY OWNERSHIP:
C — Canadian
US — United States
UK — United Kingdom
F — Foreign
ACE INA INSURANCE
Abraham Andrew Hollenberg, President & Chief Executive Officer
1400-25 York St
Toronto ON M5J 2V5
416-368-2911
Fax:416-594-3000
www.acegroup.com
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal...................... 129,000
29,000
–40,000–137.93
Prop. - Commercial.................
18,001,00025,791,00021,464,000 83.22
Prop - Total ............................
18,130,00025,820,00021,424,000 82.97
Aircraft.....................................
618,000507,000144,000
28.40
Auto. - Liability........................
6,277,0009,871,0003,056,00030.96
Auto. - Pers. Acc.....................
117,000150,000260,000
173.33
Auto. - Other............................
1,623,0004,505,0002,818,00062.55
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
–390,00039,000.00
Hail..........................................
22,000
23,000
268,0001,165.22
Liability....................................
56,317,00055,690,00039,740,000 71.36
Other Apprvd. Prod.................12,000
3,000
Surety......................................
6,653,0007,039,0001,654,00023.50
Marine......................................
2,371,0002,622,0002,267,00086.46
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................................
118,318,000118,063,000108,996,000 92.32
Total 2012................................
220,896,000212,616,000172,828,000 81.29
Total 2011................................
210,713,000208,000,000151,440,000 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 IncurredRatio
Prop. - Personal......................
70,000
74,000 1,345,0001,817.57
Prop. - Commercial.................
84,381,00080,479,00037,212,000 46.24
Prop - Total ............................
84,451,00080,553,00038,557,000 47.87
Boiler/Mach-excld...................
7,667,0007,417,0003,259,00043.94
Liability....................................5,480,000 0.00
Marine......................................1,615,000 1,490,000
649,000 43.56
——————————————————————————
Total 2015...............................
93,733,00089,460,00047,945,000 53.59
Total 2014................................
86,439,00089,730,00075,254,000 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................................
82,822,00078,743,00038,193,000 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
IncurredRatio
Prop. - Personal......................
2,490,0002,971,0003,480,000
117.13
Prop. - Commercial.................
129,372,000188,076,000107,806,000 57.32
Prop - Total ............................
131,862,000191,047,000111,286,000 58.25
Aircraft.....................................7,576,000 10,614,000 1,371,000 12.92
Auto. - Liability........................
15,382,00021,040,00037,539,000178.42
Auto. - Pers. Acc.....................
6,558,0009,257,0004,152,00044.85
Auto. - Other............................
7,205,0009,563,0004,007,00041.90
Auto - Total .............................
29,145,00039,860,00045,698,000114.65
Boiler/Mach-excld...................4,518,000 6,479,000 –4,045,000 –62.43
Credit.......................................
3,974,0005,164,0002,072,00040.12
Fidelity.....................................5,331,000 8,079,000 –344,000 –4.26
Liability....................................
130,581,000193,177,000123,879,000 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................
61,538,00067,102,00033,794,000 50.36
——————————————————————————
Total 2015...............................
385,389,000532,748,000312,208,000 58.60
Total 2014................................643,053,000 609,857,000
73,508,000
12.05
Total 2013................................
587,332,000573,836,000339,685,000 59.20
Total 2012................................
539,317,000563,174,000301,576,000 53.55
562,336,000570,073,000321,363,000 56.37
Total 2011................................
64
64-107_2016 Stat Issue Cdn Underwriters.indd 64
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. © American International Group, Inc. All rights reserved.
64-107_2016 Stat Issue Cdn Underwriters.indd 65
2016-06-06 3:35 PM
ALBERTA MOTOR ASSOCIATIOND-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 IncurredRatio
Prop. - Personal......................
72,264,00070,522,00035,608,000 50.49
Prop. - Commercial.................2,223,000 2,258,000
789,000 34.94
Prop - Total ............................
74,487,00072,780,00036,397,000 50.01
Auto. - Liability........................
107,888,000108,791,000133,024,000 122.27
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 .............................
215,555,000224,165,000196,930,000 87.85
Accident & Sickness................1,350,000 1,310,000
528,000 40.31
——————————————————————————
Total 2015...............................
291,392,000298,255,000233,855,000 78.41
Total 2014................................
305,812,000292,521,000238,301,000 81.46
Total 2013................................
279,218,000268,459,000230,238,000 85.76
Total 2012................................
260,653,000254,398,000193,842,000 76.20
Total 2011................................
251,083,000246,754,000191,970,000 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: +$127,0002011: –$746,000
ALLIANZ GLOBAL RISKS USD-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 IncurredRatio
Prop. - Commercial.................
104,179,00090,747,00084,246,000 92.84
Prop - Total ............................
104,179,00090,747,00084,246,000 92.84
Aircraft.....................................
22,128,00025,407,00012,668,000 49.86
Auto. - Liability........................–2,719,000 0.00
Auto. - Pers. Acc.....................–307,0000.00
Auto. - Other............................ 12,000 14,000
8,00057.14
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.......................................... 247,0000.00
Liability....................................
54,043,00046,202,00042,388,000 91.74
Marine......................................
13,556,00013,410,00018,270,000136.24
——————————————————————————
Total 2015...............................
223,890,000205,814,000160,518,000 77.99
Total 2014................................
202,084,000178,985,000140,894,000 78.72
Total 2013................................
146,034,000163,024,000160,060,000 98.18
174,385,000177,961,000150,673,000 84.67
Total 2012................................
Total 2011................................
167,156,000163,711,000138,425,000 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 IncurredRatio
Prop. - Personal......................
329,317,000312,833,000148,520,000 47.48
Prop. - Commercial................. 183,0000.00
Prop - Total ............................
329,317,000312,833,000148,703,000 47.53
Auto. - Liability........................
524,690,000504,107,000316,401,000 62.76
262,472,000259,950,000257,059,000 98.89
Auto. - Pers. Acc.....................
Auto. - Other............................
253,555,000234,749,000192,214,000 81.88
Auto - Total .............................
1,040,717,000998,806,000765,674,000 76.66
Liability....................................2,884,000 0.00
Accident & Sickness................138,000 138,000
87,00063.04
——————————————————————————
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................................
1,041,006,000991,392,000621,399,000 62.68
Total 2011................................
941,720,000882,274,000609,557,000 69.09
66
64-107_2016 Stat Issue Cdn Underwriters.indd 66
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 IncurredRatio
Auto. - Other............................
8,581,0008,581,0007,707,00089.81
Auto - Total .............................
8,581,0008,581,0007,707,00089.81
——————————————————————————
Total 2015...............................
8,581,0008,581,0007,707,00089.81
Total 2014................................
7,830,0007,830,0009,087,000
116.05
Total 2013................................
7,417,0007,417,0006,825,00092.02
Total 2012................................
6,697,0006,697,0006,708,000
100.16
Total 2011................................
6,470,0006,470,0006,376,00098.55
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: –$768,0002011: –$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 IncurredRatio
Prop. - Personal......................
4,306,0004,247,0002,685,00063.22
Prop - Total ............................
4,306,0004,247,0002,685,00063.22
Liability....................................590,000 592,000
88,00014.86
——————————————————————————
Total 2015...............................
4,896,0004,839,0002,773,00057.31
Total 2014................................
4,625,0004,472,0002,924,00065.38
Total 2013................................
4,388,0004,269,0002,831,00066.32
Total 2012................................
4,294,0004,082,0001,889,00046.28
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:–$361,0002013:–$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 IncurredRatio
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..................................... 2,0000.00
Auto. - Liability........................ 171,000
215,000 4,528,0002,106.05
Auto. - Pers. Acc.....................
84,000
142,000 3,444,0002,425.35
Auto. - Other............................
129,000113,000625,000
553.10
Auto - Total ............................. 384,000
470,000 8,597,0001,829.15
Credit Protection.....................862,000 1,416,000 954,00067.37
Fidelity.....................................
36,00027,00012,000
44.44
Liability....................................
2,041,0002,480,0002,717,000
109.56
Surety......................................34,000280,000261,000
93.21
Title.......................................... –12,0000.00
Marine...................................... –2,0000.00
——————————————————————————
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................................
17,956,00047,623,00063,584,000133.52
Total 2012................................
82,729,00075,068,00066,355,000 88.39
Total 2011................................
69,286,00062,484,00046,972,000 75.17
CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
64-107_2016 Stat Issue Cdn Underwriters.indd 67
2015 Direct Premiums Written: +71,311,000
Growth: –9.59%
2015 Underwriting Performance Summary
%
Reinsurance Assumed........................... 4,353,000
Reinsurance Ceded.............................. 69,727,000
Net Premiums Written............................ 6,043,000
Net Premiums Earned............................ 9,014,000
Net Claims & Adj Exp........................... 10,575,000
Commissions...................................... –11,700,000
Taxes...................................................... 2,487,000
General Expenses................................ 17,314,000
Undwrwtg. Profit/Loss......................... –9,662,000
Investment Income................................. 5,304,000
Growth Rate (NPW)................................. –53.75
% of Market (NPW)..................................... 0.01
Earned Loss Ratio................................... 117.32
Total Expense Ratio.................................. 89.87
Combined Loss & Exp. Ratio.................. 207.19
Return on Equity....................................... –1.38
Underwriting Result
2015: –$9,662,000 2014: –$3,779,000 2013:–$41,707,000
2012:–$14,727,000 2011: –$1,495,000
67
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 IncurredRatio
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...................................... 24,0000.00
——————————————————————————
Total 2015...............................
17,659,00010,245,00016,120,000157.35
Total 2014................................
26,033,00021,900,00046,741,000213.43
Total 2013................................
22,245,00020,027,00017,594,000 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 IncurredRatio
Credit.......................................
5,173,0004,730,0002,481,00052.45
——————————————————————————
Total 2015...............................
5,173,0004,730,0002,481,00052.45
Total 2014................................
3,848,0003,894,0002,048,00052.59
Total 2013................................
3,727,0003,558,0001,817,00051.07
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 IncurredRatio
Prop. - Personal......................
870,461,000833,594,000508,723,000 61.03
Prop. - Commercial.................
519,191,000520,482,000335,434,000 64.45
Prop - Total ............................1,389,652,000 1,354,076,000
844,157,000
62.34
Auto. - Liability........................
933,498,000935,138,000596,302,000 63.77
Auto. - Pers. Acc.....................
409,248,000412,892,000355,661,000 86.14
Auto. - Other............................
662,147,000655,522,000441,930,000 67.42
Auto - Total .............................
2,004,893,0002,003,552,0001,393,893,000
69.57
Boiler/Mach-excld...................
38,906,00038,094,00011,751,000 30.85
Fidelity.....................................
808,000798,000180,000
22.56
Liability....................................
329,425,000338,707,000165,357,000 48.82
Surety......................................
75,110,00075,924,00015,202,000 20.02
Marine......................................
43,955,00043,024,00022,419,000 52.11
Accident & Sickness................
741,000748,000437,000
58.42
——————————————————————————
Total 2015...............................
3,883,490,0003,854,923,0002,453,396,000
63.64
Total 2014................................
3,828,980,0003,731,330,0002,493,329,000
66.82
Total 2013................................
3,622,441,0003,534,974,0002,190,688,000
61.97
Total 2012................................
3,437,983,0003,388,615,0002,099,962,000
61.97
Total 2011................................
3,291,024,0003,218,052,0002,116,459,000
65.77
68
64-107_2016 Stat Issue Cdn Underwriters.indd 68
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
Water is beautiful.
Until it isn’t.
Protection from overland water damage – brought to you first by Aviva*
Heavy rains
Spring run-off
Overflow from
lakes and rivers
Aviva, proud Canadian partner to 1500 independent brokers from coast to coast.
avivawaterprotection.ca
Insurance – Home | Auto | Leisure & Lifestyle | Business | Surety
Aviva and the Aviva logo are trademarks used under licence by the licensor.
*
CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
64-107_2016 Stat Issue Cdn Underwriters.indd 69
69
2016-06-06 3:35 PM
BERKLEY INSURANCE COMPANY
B-US
Andrew P Steen, Chief Agent
145 King St W
Suite 1000
Toronto ON M5H 1J8
416-304-1178
Fax:416-304-4108
www.berkleycanada.com
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Commercial.................
4,100,0004,242,0001,736,00040.92
Prop - Total ............................
4,100,0004,242,0001,736,00040.92
Aircraft.....................................
260,000377,000193,000
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.....................................
416,000851,000278,000
32.67
Liability....................................
38,308,00032,598,00025,005,000 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................
15,406,0005,406,0002,637,00048.78
——————————————————————————
Total 2015...............................
60,908,00047,586,00028,939,000 60.81
Total 2014................................
43,980,00043,810,00034,926,000 79.72
Total 2013................................
44,715,00044,081,00035,918,000 81.48
Total 2012................................
43,244,00042,940,00031,848,000 74.17
Total 2011................................
40,767,00034,325,00021,509,000 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 IncurredRatio
Prop. - Personal......................1,070,000 1,031,000
138,000 13.39
Prop. - Commercial.................
5,460,0005,290,0003,699,00069.92
Prop - Total ............................
6,530,0006,321,0003,837,00060.70
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................................
105,684,00098,573,00029,705,000 30.14
Total 2013................................
92,206,00088,994,00028,336,000 31.84
87,794,00095,235,00024,910,000 26.16
Total 2012................................
Total 2011................................
101,502,00098,197,00025,592,000 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 IncurredRatio
Prop. - Personal......................
43,254,00039,755,00021,101,000 53.08
43,254,00039,755,00021,101,000 53.08
Prop - Total ............................
Auto. - Liability........................
69,322,00068,250,00035,179,000 51.54
Auto. - Pers. Acc.....................
43,062,00043,024,00020,986,000 48.78
26,947,00026,088,00017,266,000 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
175,255,000181,766,000113,052,000 62.20
Total 2014................................
Total 2013................................
197,246,000192,014,000112,934,000 58.82
Total 2012................................
183,875,000179,955,000106,343,000 59.09
Total 2011................................
168,742,000156,531,000103,248,000 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
70
64-107_2016 Stat Issue Cdn Underwriters.indd 70
2013:+$18,892,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
LA CAPITALE ASSURANCES GENERALES INC.
D-C
Constance Lemieux, Presidente et chef de l’exploitation
625 St Amable
3e etage, CP Box 17100
Québec QC G1R 2G5
418-747-7575
Fax:418-643-6598
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
274,487,000257,561,000139,019,000 53.98
Prop. - Commercial.................
75,699,00072,383,00037,312,000 51.55
Prop - Total ............................
350,186,000329,944,000176,331,000 53.44
Auto. - Liability........................
215,802,000208,119,000113,549,000 54.56
Auto. - Pers. Acc.....................
30,331,00029,837,00023,452,000 78.60
Auto. - Other............................
251,513,000245,241,000194,424,000 79.28
Auto - Total .............................
497,646,000483,197,000331,425,000 68.59
Legal Expense.........................
6,456,0006,254,0003,391,00054.22
Liability....................................9,995,00017,526,00015,679,000 89.46
Surety......................................
6,235,0006,625,0001,443,00021.78
——————————————————————————
Total 2015...............................
870,518,000843,546,000528,269,000 62.62
Total 2014................................
571,304,000535,069,000340,928,000 63.72
Total 2013................................
562,202,000514,051,000331,045,000 64.40
Total 2012................................
516,810,000482,373,000286,740,000 59.44
Total 2011................................
500,498,000463,159,000279,078,000 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 IncurredRatio
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 IncurredRatio
Prop. - Personal......................
212,116,000210,615,000125,201,000 59.45
75,819,00070,314,00041,707,000 59.32
Prop. - Commercial.................
Prop - Total ............................
287,935,000280,929,000166,908,000 59.41
Aircraft..................................... 33,0000.00
Auto. - Liability........................
41,662,00040,673,00033,922,000 83.40
Auto. - Pers. Acc.....................10,031,000
9,946,000 13,950,000 140.26
32,958,00032,407,00020,687,000 63.83
Auto. - Other............................
Auto - Total .............................
84,651,00083,026,00068,559,000 82.58
Boiler/Mach-excld...................
9,234,0008,582,0003,174,00036.98
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................
10,004,0009,971,0006,636,00066.55
——————————————————————————
Total 2015...............................
633,516,000620,542,000324,939,000 52.36
Total 2014................................
617,085,000603,053,000336,055,000 55.73
Total 2013................................
593,601,000598,760,000446,869,000 74.63
Total 2012................................
605,175,000609,830,000285,927,000 46.89
Total 2011................................
615,310,000605,021,000351,212,000 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 IncurredRatio
Prop. - Personal......................1,483,000 1,431,000
537,000 37.53
Prop. - Commercial.................216,000 209,000
21,00010.05
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................................
994,000922,000592,000
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: +$130,0002014: +$88,000 2013: –$151,000
2012: –$691,0002011: –$94,000
CNA CANADA
CONTINENTAL CASUALTY COMPANY
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................801,000 180,000 –12,000–6.67
Prop. - Commercial.................
74,358,00071,639,00041,905,000 58.49
75,159,00071,819,00041,893,000 58.33
Prop - Total ............................
Aircraft..................................... –19,0000.00
Auto. - Liability........................18,262,000 18,188,000
8,150,000 44.81
Auto. - Pers. Acc.....................
3,140,0003,097,0005,945,000
191.96
Auto. - Other............................
9,324,0009,284,0006,676,00071.91
30,726,00030,569,00020,771,000 67.95
Auto - Total .............................
Boiler/Mach-excld...................
136,000172,000297,000
172.67
Fidelity.....................................
634,000650,000162,000
24.92
Liability....................................99,848,000 104,401,000 34,104,000 32.67
Surety......................................
6,820,0006,439,0002,615,00040.61
41,564,00040,063,00025,158,000 62.80
Marine......................................
Accident & Sickness................ 22,0000.00
——————————————————————————
Total 2015...............................
254,887,000254,113,000125,003,000 49.19
Total 2014................................
261,065,000278,820,000155,353,000 55.72
284,229,000278,242,000182,717,000 65.67
Total 2013................................
Total 2012................................
281,226,000265,810,000159,675,000 60.07
Total 2011................................
244,604,000241,470,000149,694,000 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 IncurredRatio
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................................
29,015,00029,015,00024,294,000 83.73
Total 2013................................
34,021,00034,021,00013,959,000 41.03
Total 2012................................32,861,000
0 25,015,000
Total 2011................................
31,537,00031,537,00020,446,000 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
64-107_2016 Stat Issue Cdn Underwriters.indd 72
2013:+$15,731,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
CO-OPERATORS GENERAL INSURANCE COMPANY
(CONSOLIDATED)D-C
Katherine Bardswick, President & C.E.O.
CO-OPERATORS GENERAL INSURANCE COMPANY
CO-OPERATORS INSURANCE AGENCIES LIMITED
COSECO INSURANCE COMPANY
L’EQUITABLE COMPAGNIE D’ASSURANCES GENERALES
SOVEREIGN GENERAL INSURANCE COMPANY
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
659,202,000628,789,000375,293,000 59.69
Prop. - Commercial.................
299,742,000293,728,000197,187,000 67.13
Prop - Total ............................
958,944,000922,517,000572,480,000 62.06
Aircraft.....................................–543,0000.00
Auto. - Liability........................
584,061,000566,125,000381,566,000 67.40
Auto. - Pers. Acc.....................
196,908,000190,686,000121,233,000 63.58
Auto. - Other............................
357,424,000341,833,000269,983,000 78.98
Auto - Total .............................1,138,393,000 1,098,644,000
772,782,000
70.34
Boiler/Mach-excld...................
8,038,0005,786,0001,567,00027.08
Fidelity.....................................1,284,000 1,295,000
717,000 55.37
Hail.......................................... –44,0000.00
Legal Expense.........................
1,0001,0001,000
100.00
Liability....................................
222,553,000217,987,000126,670,000 58.11
Surety......................................
8,407,0008,561,0001,301,00015.20
Marine......................................
16,640,00016,658,00011,746,000 70.51
Accident & Sickness................
191,000197,000260,000
131.98
——————————————————————————
Total 2015...............................
2,354,451,0002,271,646,0001,486,937,000
65.46
Total 2014................................
2,215,781,0002,164,429,0001,484,192,000
68.57
Total 2013................................
2,095,955,0002,048,093,0001,460,126,000
71.29
Total 2012................................
2,023,203,0001,995,585,0001,254,318,000
62.85
Total 2011................................
2,229,026,0002,174,264,0001,413,273,000
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 IncurredRatio
Auto. - Liability........................
–788,000–788,000–850,000
107.87
Auto - Total .............................
–788,000–788,000–850,000
107.87
–1,000
–23,0002,300.00
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: –$64,0002014:+$316,0002013:+$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 IncurredRatio
Prop. - Personal......................
49,617,00045,684,00024,381,000 53.37
Prop. - Commercial.................12,024,000 12,172,000
3,904,000 32.07
Prop - Total ............................
61,641,00057,856,00028,285,000 48.89
Auto. - Liability........................
20,676,00019,739,00017,504,000 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 .............................
44,256,00042,766,00033,313,000 77.90
Boiler/Mach-excld................... –2,0000.00
Fidelity.....................................
6,438,0006,357,0003,406,00053.58
Liability....................................
7,037,0006,337,0004,589,00072.42
Surety......................................5,000 1,000
Accident & Sickness................
173,000807,000399,000
49.44
——————————————————————————
Total 2015...............................119,550,000 114,124,000
69,990,000
61.33
Total 2014................................
96,121,00095,233,00060,360,000 63.38
Total 2013................................
92,931,00091,539,00052,564,000 57.42
Total 2012................................
92,205,00090,982,00052,065,000 57.23
Total 2011................................
91,975,00086,993,00057,322,000 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 IncurredRatio
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................................
12,600,0006,576,0003,772,00057.36
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 IncurredRatio
Prop. - Personal......................
829,945,000987,542,000542,534,000 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........................
751,674,000844,253,000452,004,000 53.54
279,655,000386,690,000320,754,000 82.95
Auto. - Pers. Acc.....................
Auto. - Other............................
518,519,000561,622,000460,303,000 81.96
Auto - Total .............................
1,549,848,0001,792,565,0001,233,061,000
68.79
Boiler/Mach-excld................... 543,000 –374,000 127,000–33.96
Fidelity.....................................
3,073,0003,058,0001,655,00054.12
33,948,00054,744,00028,198,000 51.51
Liability....................................
Surety......................................388,000 439,000
–2,000–0.46
Marine...................................... 142,000 814,000 –558,000–68.55
——————————————————————————
Total 2015...............................
2,509,983,0002,944,562,0001,859,585,000
63.15
Total 2014................................
2,196,398,0002,132,834,0001,447,688,000
67.88
Total 2013................................
2,073,475,0002,005,440,0001,316,278,000
65.64
Total 2012................................
1,944,721,0001,874,511,0001,301,960,000
69.46
1,801,808,0001,708,966,0001,256,034,000
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 IncurredRatio
Prop. - Personal......................
355,564,000344,588,000178,554,000 51.82
Prop. - Commercial.................
308,090,000317,096,000220,304,000 69.48
Prop - Total ............................
663,654,000661,684,000398,858,000 60.28
Auto. - Liability........................
510,688,000495,501,000261,631,000 52.80
Auto. - Pers. Acc.....................
219,979,000216,562,000211,441,000 97.64
Auto. - Other............................
379,402,000366,502,000255,512,000 69.72
Auto - Total .............................1,110,069,000 1,078,565,000
728,584,000
67.55
Boiler/Mach-excld...................–1,000 –13,000 –1,0007.69
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...............................
1,935,352,0001,905,655,0001,222,938,000
64.17
Total 2014................................
1,877,801,0001,845,282,0001,297,274,000
70.30
Total 2013................................
1,803,586,0001,769,195,0001,180,063,000
66.70
Total 2012................................
1,723,656,0001,666,018,0001,018,448,000
61.13
Total 2011................................
1,630,836,0001,615,100,0001,067,016,000
66.07
74
64-107_2016 Stat Issue Cdn Underwriters.indd 74
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
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In
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CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
64-107_2016 Stat Issue Cdn Underwriters.indd 75
75
2016-06-06 3:35 PM
ECHELON INSURANCE
B-C
Serge Lavoie, Chief Executive Officer
2680 Matheson Blvd E
Suite 300
Mississauga ON L4W 0A5
905-214-7880
Fax:905-214-7883
www.echelon-insurance.ca
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
15,737,00015,357,00011,643,000 75.82
Prop. - Commercial.................
6,556,0006,697,0001,399,00020.89
Prop - Total ............................
22,293,00022,054,00013,042,000 59.14
Auto. - Liability........................
59,009,00059,089,00028,318,000 47.92
Auto. - Pers. Acc.....................
31,270,00030,197,00025,484,000 84.39
Auto. - Other............................
31,745,00028,739,00021,718,000 75.57
Auto - Total .............................122,024,000 118,025,000
75,520,000
63.99
Credit.......................................–99,000
Legal Expense.........................
484,000501,000221,000
44.11
Liability....................................
5,484,0005,682,0002,649,00046.62
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................................
157,008,000155,840,000106,551,000 68.37
Total 2012................................
166,409,000162,838,000106,856,000 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 IncurredRatio
Auto. - Liability........................
136,000136,000690,000
507.35
136,000136,000690,000
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’ASSURANCED-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 IncurredRatio
Prop. - Personal......................
8,996,0008,901,0002,804,00031.50
Prop. - Commercial.................
22,061,00021,233,00011,862,000 55.87
Prop - Total ............................
31,057,00030,134,00014,666,000 48.67
Auto. - Liability........................
368,000334,000181,000
54.19
Auto. - Pers. Acc.....................20,000 19,000
Auto. - Other............................
672,000613,000595,000
97.06
Auto - Total .............................
1,060,000966,000776,000
80.33
Boiler/Mach-excld...................325,000 314,000
61,00019.43
Liability....................................4,113,000 3,988,000
527,000 13.21
——————————————————————————
Total 2015...............................
36,555,00035,402,00016,030,000 45.28
Total 2014................................
33,838,00032,953,00019,170,000 58.17
Total 2013................................
32,025,00031,612,00021,386,000 67.65
Total 2012................................
32,735,00034,956,00019,857,000 56.81
Total 2011................................
36,278,00035,936,00021,459,000 59.71
76
64-107_2016 Stat Issue Cdn Underwriters.indd 76
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 IncurredRatio
Credit.......................................
13,430,00011,746,00011,488,000 97.80
——————————————————————————
Total 2015...............................
13,430,00011,746,00011,488,000 97.80
Total 2014................................16,814,000 11,805,000
6,939,000 58.78
Total 2013................................
9,751,0009,447,0005,500,00058.22
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 IncurredRatio
2015 Direct Premiums Written: +74,823,000
Growth: 39.36%
2015 Underwriting Performance Summary
Prop. - Commercial.................
5,699,0003,645,0002,883,00079.09
Prop - Total ............................
5,699,0003,645,0002,883,00079.09
%
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....................................7,852,0004,665,00059.41
Net Premiums Earned.......................... 11,762,000
Total Expense Ratio.................................. 27.06
Surety...................................... 27,000 16,000
8,00050.00
Net Claims & Adj Exp............................. 7,412,000
Combined Loss & Exp. Ratio.................... 90.08
Accident & Sickness................ 139,000
65,000 305,000469.23
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................................
7,482,0005,685,0005,901,000
103.80
Undwrwtg. Profit/Loss........................... 1,167,000
Total 2013................................
4,774,0004,339,0005,330,000
122.84
Investment Income................................. 1,360,000
Total 2012................................
4,401,0004,520,0004,232,00093.63
Underwriting Result
Total 2011................................
4,817,0002,134,0001,622,00076.01
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 IncurredRatio
Prop. - Commercial.................
173,347,000175,793,000230,057,000 130.87
Prop - Total ............................
173,347,000175,793,000230,057,000 130.87
Boiler/Mach-excld...................
59,012,00049,194,00027,062,000 55.01
——————————————————————————
Total 2015...............................
232,359,000224,987,000257,119,000 114.28
Total 2014................................
195,745,000201,880,000224,681,000 111.29
Total 2013................................234,019,000 228,137,000
92,500,000
40.55
Total 2012................................
241,168,000250,205,000124,241,000 49.66
Total 2011................................
239,090,000238,077,000195,923,000 82.29
2015 Direct Premiums Written: +257,527,000
Growth: 4.64%
2015 Underwriting Performance Summary
%
Reinsurance Assumed.............................. 774,000
Reinsurance Ceded............................ 104,494,000
Net Premiums Written........................ 232,359,000
Net Premiums Earned........................ 224,987,000
Net Claims & Adj Exp......................... 257,119,000
Commissions...................................... –16,374,000
Taxes.................................................... 12,429,000
General Expenses................................ 47,265,000
Undwrwtg. Profit/Loss....................... –75,452,000
Investment Income............................... 42,649,000
Underwriting Result
Growth Rate (NPW)................................... 18.70
% of Market (NPW)..................................... 0.52
Earned Loss Ratio................................... 114.28
Total Expense Ratio.................................. 19.25
Combined Loss & Exp. Ratio.................. 133.53
Return on Equity....................................... –0.40
2015: –$75,452,000 2014:–$63,623,000
2012:+$80,880,000 2011: –$4,224,000
CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
64-107_2016 Stat Issue Cdn Underwriters.indd 77
2013:+$92,549,000
77
2016-06-06 3:35 PM
FCTB-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 IncurredRatio
Other Apprvd. Prod.................
1,497,0001,497,0006,277,000
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 IncurredRatio
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........................
1,599,0001,663,0001,598,00096.09
Auto. - Pers. Acc..................... 82,000
87,000 –28,000–32.18
Auto. - Other............................
340,000328,000103,000
31.40
Auto - Total .............................
2,021,0002,078,0001,673,00080.51
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 1,567,000445.17
Liability....................................
8,461,0007,549,0008,052,000
106.66
Surety......................................–593,000 1,083,000
–86,000 –7.94
Marine...................................... –3,0000.00
Accident & Sickness................100,000 104,000
18,00017.31
——————————————————————————
Total 2015...............................
15,053,00015,334,00011,122,000 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 IncurredRatio
Prop. - Personal......................
2,823,0002,740,0001,934,00070.58
Prop - Total ............................
2,823,0002,740,0001,934,00070.58
Liability.................................... 51,000
54,000 –27,000–50.00
——————————————————————————
Total 2015...............................
2,874,0002,794,0001,907,00068.25
Total 2014................................
2,753,0002,657,0001,594,00059.99
Total 2013................................
2,403,0002,368,0001,007,00042.53
Total 2012................................2,400,000 2,327,000
869,000 37.34
Total 2011................................
2,306,0002,249,0001,141,00050.73
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: –$550,0002011: –$702,000
78
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canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
WICC siz
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64-107_2016
Stat1Issue Cdn Underwriters.indd 79
2016-06-01 3:35
4:17 PM
2016-06-06
GORE MUTUAL INSURANCE COMPANY
B-C
Heidi Sevcik, President & Chief Executive Officer
252 Dundas St. N., P.O. Box 70
Cambridge ON N1R 5T3
519-623-1910
Fax:800-601-9773
www.goremutual.ca
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................113,986,000 109,274,000
47,209,000
43.20
Prop. - Commercial.................
38,998,00037,029,00021,829,000 58.95
Prop - Total ............................152,984,000 146,303,000
69,038,000
47.19
Auto. - Liability........................
80,503,00079,350,00046,061,000 58.05
Auto. - Pers. Acc.....................
57,967,00056,339,00051,476,000 91.37
Auto. - Other............................
38,014,00037,191,00030,257,000 81.36
Auto - Total .............................
176,484,000172,880,000127,794,000 73.92
Boiler/Mach-excld...................1,559,000 1,236,000
103,000 8.33
Liability....................................
30,396,00027,598,00015,571,000 56.42
Accident & Sickness................31,000 32,000
——————————————————————————
Total 2015...............................
361,454,000348,049,000212,506,000 61.06
Total 2014................................
335,156,000322,427,000204,412,000 63.40
Total 2013................................
318,238,000315,860,000202,277,000 64.04
Total 2012................................
315,846,000305,601,000198,848,000 65.07
Total 2011................................
296,142,000289,389,000193,176,000 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 IncurredRatio
2015 Direct Premiums Written: +48,774,000
Growth: –19.73%
2015 Underwriting Performance Summary
Prop. - Commercial.................
17,617,00019,905,00011,963,000 60.10
Prop - Total ............................
17,617,00019,905,00011,963,000 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
67,00096,00012,000
12.50
Surety......................................
Taxes...................................................... 2,798,000
Marine......................................
5,301,0004,935,0003,892,00078.87
General Expenses................................ 10,647,000
—————————————————————————— Undwrwtg. Profit/Loss............................ –533,000
Total 2015...............................
41,831,00042,346,00022,221,000 52.47
Investment Income................................. 4,732,000
Total 2014................................
40,900,00041,124,00013,119,000 31.90
Underwriting Result
Total 2013................................
41,219,00040,770,00012,303,000 30.18
2015: –$533,000 2014:+$8,019,000 2013:+$8,754,000
41,545,00043,855,00032,939,000 75.11
Total 2012................................
2012: –$11,366,000 2011:–$10,311,000
Total 2011................................
46,810,00044,998,00037,147,000 82.55
80
64-107_2016 Stat Issue Cdn Underwriters.indd 80
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
We’re investing in talented people and new
innovative business solutions that stand out from
the crowd. Award-winning technology like uBiz
reinforces our commitment to brokers, along with
our plan to invest more than ever before in our
distribution network.
THE INDUSTRY IS
changing fast
and so are we.
64-107_2016 Stat Issue Cdn Underwriters.indd 81
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 IncurredRatio
Prop. - Personal......................
85,776,00084,433,00047,454,000 56.20
Prop. - Commercial.................
9,386,0009,629,0001,500,00015.58
Prop - Total ............................
95,162,00094,062,00048,954,000 52.04
Auto. - Liability........................
44,539,00042,607,00025,243,000 59.25
Auto. - Pers. Acc.....................
19,901,00021,017,00017,764,000 84.52
Auto. - Other............................
22,584,00022,121,00014,179,000 64.10
Auto - Total .............................
87,024,00085,745,00057,186,000 66.69
Boiler/Mach-excld................... 17,000
5,000
19,000380.00
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.........................
447,000717,000403,000
56.21
Liability....................................
28,813,00027,302,00026,967,000 98.77
Surety......................................106,968,000 100,931,000
16,143,000
15.99
Marine......................................
5,287,0003,625,0003,444,00095.01
Accident & Sickness................161,000 755,000
–4,000–0.53
——————————————————————————
Total 2015...............................
340,533,000329,915,000156,091,000 47.31
Total 2014................................
314,278,000303,662,000189,978,000 62.56
Total 2013................................
290,599,000283,931,000201,791,000 71.07
Total 2012................................
282,395,000278,424,000167,553,000 60.18
Total 2011................................
273,811,000274,217,000174,490,000 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 IncurredRatio
Prop. - Personal...................... 30,0000.00
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..................................... –19,0000.00
Auto. - Liability........................ 814,000 832,000 2,359,000283.53
Auto. - Pers. Acc.....................
14,0008,0001,000
12.50
354,000 –1,159,000–327.40
Auto. - Other............................ 389,000
1,217,0001,194,0001,201,000
100.59
Auto - Total .............................
Boiler/Mach-excld...................–4,000
Fidelity..................................... –9,000
22,000
–3,000–13.64
Liability....................................
3,335,0003,525,0005,787,000
164.17
–7,000–3.61
Surety......................................262,000 194,000
Marine......................................1,000
——————————————————————————
Total 2015...............................
16,373,00015,376,00013,026,000 84.72
14,414,00014,142,00012,182,000 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 IncurredRatio
Prop. - Personal......................
29,131,00027,657,00012,496,000 45.18
7,026,000 38.91
Prop. - Commercial.................19,193,000 18,058,000
Prop - Total ............................
48,324,00045,715,00019,522,000 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 .............................
34,976,00034,643,00025,043,000 72.29
Boiler/Mach-excld................... 2,0000.00
Hail..........................................135,000 135,000
Liability....................................
6,006,0005,673,0001,707,00030.09
Accident & Sickness................
5,0005,0008,000
160.00
——————————————————————————
Total 2015...............................
89,446,00086,171,00046,282,000 53.71
Total 2014................................
83,881,00081,145,00053,519,000 65.95
Total 2013................................
77,979,00074,949,00041,378,000 55.21
Total 2012................................
74,375,00072,592,00039,838,000 54.88
Total 2011................................
70,695,00065,525,00039,216,000 59.85
82
64-107_2016 Stat Issue Cdn Underwriters.indd 82
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
64-107_2016 Stat Issue Cdn Underwriters.indd 83
83
2016-06-06 3:35 PM
INDUSTRIELLE ALLIANCE COMPAGNIE D’ASSURANCES GENERALES
D-C
Michel Laurin, President et chef de l’exploitation
925 Chemin St.-Louis, Suite 230
Quebec QC G1S 1C1
418-650-4601
Fax:418-650-4637
www.inalco.com
serviceclient@iaah.ca
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
98,213,00093,935,00061,258,000 65.21
Prop - Total ............................
98,213,00093,935,00061,258,000 65.21
Auto. - Liability........................
62,521,00060,184,00025,463,000 42.31
Auto. - Pers. Acc.....................1,897,000 1,839,000
183,000 9.95
Auto. - Other............................
74,521,00074,482,00074,195,000 99.61
Auto - Total .............................138,939,000 136,505,000
99,841,000
73.14
Liability....................................67,00039,000
58.21
——————————————————————————
Total 2015...............................
237,152,000230,507,000161,138,000 69.91
Total 2014................................
222,420,000215,735,000146,986,000 68.13
Total 2013................................
156,188,000209,135,000139,275,000 66.60
Total 2012................................
271,618,000222,768,000117,458,000 52.73
Total 2011................................
218,527,000181,846,000105,282,000 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
NORDICBELAIRDIRECT
TRAFALGAR
INTACT FARM
JEVCOMETRO
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................1,775,092,000 1,708,194,000
890,358,000
52.12
949,345,000930,836,000523,850,000 56.28
Prop. - Commercial.................
Prop - Total ............................
2,724,437,0002,639,030,0001,414,208,000
53.59
Aircraft.....................................–145,000 –145,000
–99,000 68.28
Auto. - Liability........................
2,058,211,0002,005,285,0001,343,276,000
66.99
Auto. - Pers. Acc.....................
721,528,000691,260,000565,634,000 81.83
1,462,714,0001,426,741,0001,045,416,000
73.27
Auto. - Other............................
Auto - Total .............................
4,242,453,0004,123,286,0002,954,326,000
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
6,097,0005,837,0006,106,000
104.61
Legal Expense.........................
Liability....................................
295,497,000292,340,000129,991,000 44.47
Surety......................................
93,293,00092,449,00019,101,000 20.66
Marine......................................
26,918,00027,150,00015,677,000 57.74
Accident & Sickness................ 8,0000.00
——————————————————————————
Total 2015...............................
7,432,733,0007,223,437,0004,547,996,000
62.96
Total 2014................................
6,875,276,0006,900,072,0004,478,159,000
64.90
Total 2013................................
6,790,103,0006,711,840,0004,478,826,000
66.73
Total 2012................................
6,290,072,0006,242,659,0003,881,221,000
62.17
Total 2011................................
4,340,614,0004,334,138,0002,880,688,000
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 IncurredRatio
Prop. - Personal......................
6,848,0006,661,0003,909,00058.68
Prop. - Commercial.................
166,000166,000262,000
157.83
Prop - Total ............................
7,014,0006,827,0004,171,00061.10
Liability.................................... 950,000 963,000 1,170,000121.50
——————————————————————————
Total 2015...............................
7,964,0007,790,0005,341,00068.56
Total 2014................................
7,460,0007,190,0003,171,00044.10
Total 2013................................
6,992,0006,850,0002,429,00035.46
Total 2012................................
6,573,0006,487,0002,278,00035.12
Total 2011................................
6,371,0006,169,0001,495,00024.23
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:–$862,0002013:–$496,000
2012: –$682,0002011: –$369,000
84
64-107_2016 Stat Issue Cdn Underwriters.indd 84
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
LAWYERS’ PROFESSIONAL INDEMNITY COMPANY D-C
Iveri Vv Boudville, Contact
250 Yonge St
Suite 3101
Toronto ON M5B 2L7
416-598-5831
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Liability....................................114,724,000 114,633,000
75,635,000
65.98
Title..........................................
6,037,0006,037,0005,110,00084.64
——————————————————————————
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................................
104,777,000104,717,000106,106,000 101.33
Total 2011................................
109,784,000109,691,000100,989,000 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 IncurredRatio
Prop. - Personal......................–106,0000.00
Prop - Total ............................
0
0–106,000
Credit Protection..................... –2,0000.00
Accident & Sickness................
9,127,0005,182,0001,866,00036.01
——————————————————————————
Total 2015...............................
9,127,0005,182,0001,758,00033.93
Total 2014................................
9,969,0008,306,0002,296,00027.64
10,929,0008,007,0003,815,00047.65
Total 2013................................
Total 2012................................
12,082,0009,718,0002,687,00027.65
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 IncurredRatio
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.....................................
89,523,00094,867,00074,004,000 78.01
Auto. - Liability........................16,404,000 14,204,000
8,742,000 61.55
Auto. - Pers. Acc.....................
2,958,0002,465,0004,628,000
187.75
Auto. - Other............................
38,361,00034,742,00029,429,000 84.71
57,723,00051,411,00042,799,000 83.25
Auto - Total .............................
Boiler/Mach-excld...................
70,593,00054,010,00098,484,000182.34
Boiler/Mach-equip...................
8,012,0006,304,0004,048,00064.21
8,714,0007,011,0002,292,00032.69
Credit.......................................
Fidelity.....................................17,415,000 17,437,000 –29,982,000 –171.94
4,164,0004,258,0005,949,000
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
47,304,00036,339,00038,806,000106.79
Surety......................................
Marine......................................
52,065,00054,798,00016,129,000 29.43
Accident & Sickness................
71,024,00074,851,00021,630,000 28.90
——————————————————————————
Total 2015...............................
3,077,761,0002,888,157,0001,643,305,000
56.90
Total 2014................................
2,594,228,0002,435,418,0001,434,258,000
58.89
Total 2013................................
2,396,862,0002,319,337,0001,369,392,000
59.04
Total 2012................................
2,093,962,0002,051,838,0001,042,907,000
50.83
Total 2011................................
2,206,620,0002,206,620,0001,397,802,000
63.35
CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
64-107_2016 Stat Issue Cdn Underwriters.indd 85
B-UK
Sean Murphy, President, Lloyd’s Canada; Attorney In Fact,
Lloyd’s Underwriters
1155 Rue Metcalfe, Suite 2220
Montreal QC H3B 2V6
514-861-8361
Fax:514-861-0470
www.lloyds.com
info@lloyds.ca
2015 Direct Premiums Written: +2,590,592,000
Growth: 21.94%
2015 Underwriting Performance Summary
%
Reinsurance Assumed....................... 384,531,000
Reinsurance Ceded................................................ Net Premiums Written..................... 3,077,761,000
Net Premiums Earned..................... 2,888,157,000
Net Claims & Adj Exp...................... 1,643,305,000
Commissions...................................... 692,517,000
Taxes.................................................... 75,509,000
General Expenses................................ 10,991,000
Undwrwtg. Profit/Loss....................... 465,835,000
Investment Income............................... 98,940,000
Underwriting Result
2015: +$465,835,000
2012: +$451,914,000
Growth Rate (NPW)................................... 18.64
% of Market (NPW)..................................... 6.86
Earned Loss Ratio..................................... 56.90
Total Expense Ratio.................................. 26.97
Combined Loss & Exp. Ratio.................... 83.87
Return on Equity....................................... 34.36
2014:+$358,272,000
2011:+$206,868,000
2013:+$338,773,000
85
2016-06-06 3:35 PM
MAy17.2
LIBERTY MUTUAL INSURANCE COMPANY
D-US
Garth Pepper, Chief Agent
181 Bay St., Suite 1000
Brookfield Place
Toronto ON M5J 2T3
416-365-7587
Fax:416-307-4372
www.libertymutual.com
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Commercial.................
34,980,00032,271,00010,431,000 32.32
Prop - Total ............................
34,980,00032,271,00010,431,000 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............................
6,601,0006,884,0002,895,00042.05
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.....................................
7,616,0007,141,0008,486,000
118.83
Liability....................................
143,359,000138,051,000107,617,000 77.95
Surety......................................22,414,000 16,877,000
2,268,000 13.44
Marine......................................
6,117,0004,767,0002,579,00054.10
——————————————————————————
Total 2015...............................
241,059,000226,150,000137,944,000 61.00
Total 2014................................
210,765,000185,644,000115,847,000 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 IncurredRatio
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
40,00016.95
Auto. - Pers. Acc.....................127,000 127,000
22,00017.32
47,00016.85
Auto. - Other............................279,000 279,000
Auto - Total .............................
642,000642,000109,000
16.98
Fidelity.....................................30,000 30,000
Liability....................................
5,194,0005,093,0004,733,00092.93
——————————————————————————
Total 2015...............................
6,385,0006,284,0004,821,00076.72
Total 2014................................
7,843,0007,735,0001,741,00022.51
Total 2013................................
7,768,0007,768,0003,549,00045.69
Total 2012................................
5,768,0005,768,0003,567,00061.84
6,772,0006,772,0001,775,00026.21
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 IncurredRatio
2015 Direct Premiums Written: +17,754,000
Growth: 7.87%
2015 Underwriting Performance Summary
Prop. - Personal......................
7,735,0007,222,0002,549,00035.29
Prop. - Commercial.................1,086,000 1,028,000
496,000 48.25
%
Prop - Total ............................
8,821,0008,250,0003,045,00036.91
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............................
210,000215,000146,000
67.91
Net Premiums Written............................ 9,791,000
Earned Loss Ratio..................................... 34.19
Auto - Total .............................
317,000326,000146,000
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...............................
9,791,0009,247,0003,162,00034.19
Undwrwtg. Profit/Loss........................... 2,042,000
Total 2014................................
8,773,0008,700,0005,327,00061.23
Investment Income.................................... 347,000
Total 2013................................
7,955,0007,294,0004,258,00058.38
Underwriting Result
Total 2012................................
7,019,0006,576,0008,558,000
130.14
2015:+$2,042,000 2014: –$380,000 2013: +$815,000
Total 2011................................
6,472,0006,245,0003,663,00058.65
2012: +$428,0002011: +$859,000
86
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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
64-107_2016 Stat Issue Cdn Underwriters.indd 87
100223 CA 05/2016
2016-06-06 3:35 PM
MITSUI SUMITOMO INSURANCE COMPANY, LIMITEDB-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 IncurredRatio
Prop. - Personal......................119,000 117,000
6,000 5.13
Prop. - Commercial.................
5,746,0005,721,0001,004,00017.55
Prop - Total ............................
5,865,0005,838,0001,010,00017.30
Aircraft.....................................
5,033,0004,897,0002,382,00048.64
Auto. - Liability........................
3,682,0003,773,0004,745,000
125.76
Auto. - Pers. Acc..................... 12,000
4,000
15,000375.00
Auto. - Other............................ 17,000
2,000
13,000650.00
Auto - Total .............................
3,711,0003,779,0004,773,000
126.30
Boiler/Mach-excld...................330,000 319,000 –10,000–3.13
Fidelity.....................................108,000 108,000
11,00010.19
Liability....................................
4,869,0004,927,0006,081,000
123.42
Surety......................................3,000 3,000
Marine......................................310,000 318,000
60,00018.87
——————————————————————————
Total 2015...............................
20,229,00020,189,00014,307,000 70.87
Total 2014................................
20,198,00019,817,00010,752,000 54.26
Total 2013................................
20,029,00020,717,00015,412,000 74.39
Total 2012................................24,182,000 21,141,000
9,479,000 44.84
Total 2011................................
20,739,00020,635,00015,145,000 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 IncurredRatio
Auto. - Liability........................ –302,000
–197,000 –5,567,0002,825.89
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...................
9,491,0009,845,0002,939,00029.85
Liability....................................
35,224,00038,450,00018,215,000 47.37
——————————————————————————
Total 2015...............................
45,034,00048,830,00016,360,000 33.50
Total 2014................................
50,808,00056,252,00030,836,000 54.82
Total 2013................................
54,983,00090,984,00050,556,000 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 IncurredRatio
Prop. - Personal......................
17,067,00016,241,00012,536,000 77.19
Prop. - Commercial.................
23,904,00022,688,00012,603,000 55.55
Prop - Total ............................
40,971,00038,929,00025,139,000 64.58
Boiler/Mach-excld...................109,000 109,000
–1,000–0.92
Liability....................................
2,212,0002,361,0002,414,000
102.24
——————————————————————————
Total 2015...............................
43,292,00041,399,00027,552,000 66.55
Total 2014................................
52,945,00047,746,00030,157,000 63.16
Total 2013................................
43,918,00041,400,00020,608,000 49.78
Total 2012................................
38,336,00035,548,00022,285,000 62.69
32,802,00029,561,00015,862,000 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
88
64-107_2016 Stat Issue Cdn Underwriters.indd 88
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2016-06-06 3:35 PM
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64-107_2016 Stat Issue Cdn Underwriters.indd 89
cu.ca ad May2016.indd 1
2016-06-06 3:35 PM
16-05-18 9:08 AM
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 IncurredRatio
Prop. - Personal......................
64,050,00063,874,00034,994,000 54.79
Prop. - Commercial.................
336,153,000327,159,000194,012,000 59.30
Prop - Total ............................
400,203,000391,033,000229,006,000 58.56
Auto. - Liability........................
250,496,000245,971,000146,037,000 59.37
Auto. - Pers. Acc.....................
59,862,00060,591,00024,829,000 40.98
Auto. - Other............................
165,408,000166,847,000115,817,000 69.42
Auto - Total .............................
475,766,000473,409,000286,683,000 60.56
Boiler/Mach-excld...................
8,484,0007,781,0001,393,00017.90
Fidelity.....................................
2,193,0002,142,0001,827,00085.29
Liability....................................
216,347,000212,506,000114,655,000 53.95
Surety...................................... 363,000
437,000 –2,507,000–573.68
Marine......................................
29,466,00029,836,00026,069,000 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................................
950,054,000987,599,000751,831,000 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 IncurredRatio
Prop. - Personal......................
26,00026,00035,000
134.62
Prop. - Commercial.................
7,740,0007,567,0004,896,00064.70
Prop - Total ............................
7,766,0007,593,0004,931,00064.94
17,00017,00063,000
370.59
Aircraft.....................................
Auto. - Liability........................
32,868,00032,995,00024,272,000 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 .............................
53,730,00053,549,00034,809,000 65.00
18,000 0.51
Liability....................................3,630,000 3,563,000
Accident & Sickness................
51,804,00049,722,00022,366,000 44.98
——————————————————————————
Total 2015...............................116,947,000 114,444,000
62,187,000
54.34
Total 2014................................
58,707,00059,757,00039,815,000 66.63
Total 2013................................
60,520,00063,288,00046,116,000 72.87
55,801,00052,189,00040,360,000 77.33
Total 2012................................
Total 2011................................
49,764,00046,880,00030,921,000 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 IncurredRatio
Prop. - Personal...................... 44,000 1,158,000 647,00055.87
131,000 –270,000–206.11
Prop. - Commercial................. 131,000
Prop - Total ............................175,000 1,289,000 377,00029.25
Aircraft.....................................–173,0000.00
Auto. - Liability........................ –26,0000.00
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.....................................
54,00054,00054,000
100.00
1,287,0001,262,0001,236,00097.94
Liability....................................
Surety......................................
–41,000–41,000–42,000
102.44
–2,000–2,000–2,000
100.00
Accident & Sickness................
——————————————————————————
Total 2015...............................
1,767,0002,856,0001,435,00050.25
Total 2014................................
25,187,00024,943,00014,036,000 56.27
Total 2013................................
20,222,00020,169,00010,335,000 51.24
Total 2012................................
17,927,00018,747,00013,387,000 71.41
Total 2011................................
18,437,00018,430,00012,617,000 68.46
90
64-107_2016 Stat Issue Cdn Underwriters.indd 90
2015 Direct Premiums Written: +43,324,000
Growth: 21.85%
2015 Underwriting Performance Summary
%
Reinsurance Assumed.............................. 902,000
Reinsurance Ceded.............................. 42,459,000
Net Premiums Written............................ 1,767,000
Net Premiums Earned............................ 2,856,000
Net Claims & Adj Exp............................. 1,435,000
Commissions........................................ –1,243,000
Taxes...................................................... 1,561,000
General Expenses.................................. 1,309,000
Undwrwtg. Profit/Loss............................ –206,000
Investment Income.................................... 675,000
Growth Rate (NPW)................................. –92.98
% of Market (NPW)..................................... 0.00
Earned Loss Ratio..................................... 50.25
Total Expense Ratio.................................. 56.97
Combined Loss & Exp. Ratio.................. 107.22
Return on Equity......................................... 3.54
Underwriting Result
2015: –$206,000
2014:–$560,0002013:–$249,000
2012: –$2,652,000 2011:–$1,344,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
‘
‘‘
When my
friends were
playing house,
I played house
inspector.
Looking out for others is just something Fritzie has always done.
So it’s only natural that she would end up in risk management. At
Northbridge Insurance, we’re here to help minimize the impact of
an incident or even prevent claims from happening to your business
in the first place. It’s what we’re all about.
Fritzie
Senior Risk Services Consultant
Visit us at www.nbins.com or get in touch with your broker
to learn more about our risk management solutions.
® Trademark of Northbridge Financial Corporation (“Northbridge”). Used under licence from Northbridge. [3459-005-ed01E]
* Policies underwritten by Northbridge General Insurance Corporation and Northbridge Commercial Insurance Corporation.
64-107_2016 Stat Issue Cdn Underwriters.indd 91
2016-06-06 3:35 PM
ONTARIO MUTUAL INSURANCE ASSOCIATION
B-C
John Taylor, BBA,FCIP,CHRP, President
Rob Pearson, Chairman of Board
350 Pinebush Rd, Box 3187
Cambridge ON N3H 4S6
519-622-9220
Fax:519-622-9227
www.ontariomutuals.com
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
283,528,000274,744,000165,362,000 60.19
Prop. - Commercial.................
49,899,00047,263,00016,412,000 34.72
Prop - Total ............................
333,427,000322,007,000181,774,000 56.45
Auto. - Liability........................101,937,000 102,400,000
48,012,000
46.89
Auto. - Pers. Acc.....................
56,666,00055,349,00041,117,000 74.29
Auto. - Other............................
60,198,00057,166,00038,804,000 67.88
Auto - Total .............................
218,801,000214,915,000127,933,000 59.53
Boiler/Mach-excld...................–41,000 –41,000
Fidelity.....................................29,000 29,000
Hail..........................................
77,00077,00021,000
27.27
Liability....................................
50,071,00048,383,00017,077,000 35.30
Other Apprvd. Prod.................11,000 11,000
Accident & Sickness................291,000 287,000
84,00029.27
——————————————————————————
Total 2015...............................
602,666,000585,668,000326,889,000 55.81
Total 2014................................
569,070,000564,469,000329,868,000 58.44
Total 2013................................
551,716,000549,461,000295,211,000 53.73
Total 2012................................
539,580,000529,416,000269,369,000 50.88
Total 2011................................
519,070,000498,344,000297,307,000 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 IncurredRatio
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........................
617,000709,000432,000
60.93
Auto. - Pers. Acc.....................
280,000280,000432,000
154.29
Auto. - Other............................
448,000448,000106,000
23.66
970,000 67.50
Auto - Total .............................1,345,000 1,437,000
Boiler/Mach-excld...................
180,000180,000315,000
175.00
Fidelity.....................................1,015,000 1,015,000
–3,000 –0.30
Liability....................................
22,511,00022,888,00023,667,000103.40
——————————————————————————
Total 2015...............................
40,054,00040,523,00031,182,000 76.95
Total 2014................................
39,326,00039,847,00026,832,000 67.34
Total 2013................................
37,093,00037,614,00028,794,000 76.55
Total 2012................................
35,934,00036,417,00030,863,000 84.75
Total 2011................................
34,832,00035,297,00023,681,000 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 IncurredRatio
Prop. - Personal......................
49,172,00048,578,00024,678,000 50.80
Prop. - Commercial.................
21,810,00021,312,00013,154,000 61.72
70,982,00069,890,00037,832,000 54.13
Prop - Total ............................
Auto. - Liability........................
17,902,00019,124,00012,809,000 66.98
Auto. - Pers. Acc.....................
7,069,0007,381,0006,171,00083.61
7,967,000 76.24
Auto. - Other............................10,355,000 10,450,000
Auto - Total .............................
35,326,00036,955,00026,947,000 72.92
Boiler/Mach-excld................... 3,0000.00
Fidelity.....................................39,000 37,000
3,0008.11
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................................
94,442,00092,592,00048,460,000 52.34
92
64-107_2016 Stat Issue Cdn Underwriters.indd 92
Growth Rate (NPW)..................................... 1.85
% of Market (NPW)..................................... 0.09
Earned Loss Ratio..................................... 76.95
Total Expense Ratio.................................... 9.58
Combined Loss & Exp. Ratio.................... 86.53
Return on Equity....................................... 14.70
B-C
Anabelle Blondeau, President & Chief Executive Officer
425 de Maisonneuve Blvd. W
Suite 1500
Montreal QC H3A 3G5
514-288-8725
Fax:514-288-0760
2015 Direct Premiums Written: +160,692,000
Growth: 2.89%
2015 Underwriting Performance Summary
%
Reinsurance Assumed........................................... Reinsurance Ceded.............................. 35,635,000
Net Premiums Written........................ 125,057,000
Net Premiums Earned........................ 125,279,000
Net Claims & Adj Exp........................... 69,690,000
Commissions........................................ 17,527,000
Taxes...................................................... 5,568,000
General Expenses................................ 24,215,000
Undwrwtg. Profit/Loss........................... 8,279,000
Investment Income................................. 2,705,000
Growth Rate (NPW)..................................... 1.10
% of Market (NPW)..................................... 0.28
Earned Loss Ratio..................................... 55.63
Total Expense Ratio.................................. 37.76
Combined Loss & Exp. Ratio.................... 93.39
Return on Equity....................................... 10.82
Underwriting Result
2015: +$8,279,000 2014:+$5,103,000 2013:+$6,888,000
2012: +$7,693,000 2011:+$4,128,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
P.E.I. MUTUAL INSURANCE COMPANY
D-C
Terrence Shea, General Manager
116 Walker Ave
Summerside PE C1N 6V9
902-436-2185
www.peimutual.com
protect@peimutual.com
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
9,799,0009,289,0007,671,00082.58
Prop. - Commercial.................
7,001,0006,758,0005,862,00086.74
Prop - Total ............................
16,800,00016,047,00013,533,000 84.33
Legal Expense......................... 198,0000.00
Liability....................................2,398,000 2,362,000 –152,000 –6.44
——————————————————————————
Total 2015...............................
19,198,00018,409,00013,579,000 73.76
Total 2014................................
17,795,00017,021,00012,872,000 75.62
Total 2013................................
16,306,00016,198,00012,468,000 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: +$608,0002011: –$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 IncurredRatio
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 IncurredRatio
Auto. - Liability........................
52,774,00051,797,00026,645,000 51.44
Auto. - Pers. Acc.....................
28,787,00028,242,00021,308,000 75.45
Auto. - Other............................
19,017,00018,100,00017,453,000 96.43
Auto - Total .............................
100,578,00098,139,00065,406,000 66.65
——————————————————————————
Total 2015...............................
100,578,00098,139,00065,406,000 66.65
Total 2014................................
93,893,00089,900,00047,733,000 53.10
Total 2013................................
91,226,00096,785,00053,699,000 55.48
Total 2012................................
99,033,00099,918,00044,552,000 44.59
Total 2011................................
99,320,00088,639,00051,265,000 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
93
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 IncurredRatio
Prop. - Personal......................
58,385,00061,426,00035,991,000 58.59
Prop. - Commercial.................
24,872,00026,170,00013,390,000 51.17
Prop - Total ............................
83,257,00087,596,00049,381,000 56.37
Auto. - Liability........................
26,599,00028,192,00022,812,000 80.92
Auto. - Pers. Acc.....................
1,957,0002,127,0001,841,00086.55
Auto. - Other............................
23,444,00025,812,00017,200,000 66.64
Auto - Total .............................
52,000,00056,131,00041,853,000 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 IncurredRatio
Prop. - Personal......................
53,358,00050,506,00028,641,000 56.71
Prop. - Commercial................. 75,0000.00
Prop - Total ............................
53,358,00050,506,00028,716,000 56.86
98,474,00095,430,00060,189,000 63.07
Auto. - Liability........................
Auto. - Pers. Acc.....................
48,717,00051,982,00050,539,000 97.22
Auto. - Other............................
39,870,00038,231,00031,341,000 81.98
Auto - Total .............................
187,061,000185,643,000142,069,000 76.53
Liability.................................... 56,0000.00
Accident & Sickness................ 4,0000.00
——————————————————————————
Total 2015...............................
240,419,000236,149,000170,845,000 72.35
Total 2014................................
231,529,000222,094,000159,174,000 71.67
Total 2013................................
211,009,000194,882,000133,309,000 68.40
179,190,000167,044,000105,341,000 63.06
Total 2012................................
Total 2011................................
155,018,000145,628,000102,279,000 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 IncurredRatio
Prop. - Personal......................
86,266,00087,261,00047,422,000 54.35
Prop. - Commercial.................
8,293,0008,229,0004,703,00057.15
Prop - Total ............................
94,559,00095,490,00052,125,000 54.59
36,207,00037,851,00029,875,000 78.93
Auto. - Liability........................
Auto. - Pers. Acc.....................
13,837,00014,619,00012,747,000 87.19
Auto. - Other............................
27,174,00029,294,00020,074,000 68.53
Auto - Total .............................
77,218,00081,764,00062,696,000 76.68
Liability....................................
7,013,0007,388,0002,321,00031.42
——————————————————————————
Total 2015...............................
178,790,000184,642,000117,142,000 63.44
Total 2014................................
190,934,000193,621,000147,875,000 76.37
Total 2013................................
194,516,000189,206,000141,320,000 74.69
Total 2012................................
187,023,000184,523,000126,088,000 68.33
Total 2011................................
183,883,000175,250,000126,247,000 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 IncurredRatio
Auto. - Liability........................ 467,000 467,000 1,866,000399.57
Auto. - Other............................
615,000615,000477,000
77.56
Auto - Total .............................
1,082,0001,082,0002,343,000
216.54
——————————————————————————
Total 2015...............................
1,082,0001,082,0002,343,000
216.54
Total 2014................................
1,771,0001,765,0006,673,000
378.07
Total 2013................................
1,818,0001,819,0002,534,000
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 IncurredRatio
Prop. - Personal......................
170,722,000168,068,000105,679,000 62.88
Prop - Total ............................
170,722,000168,068,000105,679,000 62.88
Auto. - Liability........................
306,693,000284,279,000179,183,000 63.03
167,454,000169,554,000143,657,000 84.73
Auto. - Pers. Acc.....................
Auto. - Other............................
144,294,000136,395,000114,753,000 84.13
Auto - Total .............................
618,441,000590,228,000437,593,000 74.14
Liability....................................6,000
——————————————————————————
Total 2015...............................
789,163,000758,302,000543,272,000 71.64
Total 2014................................
735,350,000649,856,000462,705,000 71.20
Total 2013................................
561,552,000533,261,000383,209,000 71.86
537,307,000536,272,000377,239,000 70.34
Total 2012................................
Total 2011................................
528,837,000500,767,000382,993,000 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 IncurredRatio
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 –7,512,0001,047.70
Auto. - Pers. Acc.....................–1,115,000
–604,000 –4,628,000 766.23
Auto. - Other............................–735,000 –390,000 –1,511,000387.44
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................................
336,705,000376,334,000206,343,000 54.83
Total 2012................................
400,871,000397,408,000217,484,000 54.73
Total 2011................................
403,888,000385,643,000218,531,000 56.67
2015 Direct Premiums Written: +134,326,000
Growth: –27.18%
2015 Underwriting Performance Summary
%
Reinsurance Assumed........................... 1,701,000
Reinsurance Ceded.............................. 23,347,000
Net Premiums Written........................ 112,680,000
Net Premiums Earned........................ 112,720,000
Net Claims & Adj Exp........................... 46,830,000
Commissions........................................ 10,736,000
Taxes...................................................... 2,557,000
General Expenses................................ 43,586,000
Undwrwtg. Profit/Loss........................... 9,008,000
Investment Income................................. 7,426,000
Underwriting Result
Growth Rate (NPW)..................................... 1.02
% of Market (NPW)..................................... 0.25
Earned Loss Ratio..................................... 41.55
Total Expense Ratio.................................. 50.46
Combined Loss & Exp. Ratio.................... 92.01
Return on Equity....................................... 15.28
2015: +$9,008,000 2014:+$24,189,000
2012: +$715,000 2011:–$10,514,000
CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
64-107_2016 Stat Issue Cdn Underwriters.indd 95
2013:+$19,720,000
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 IncurredRatio
Prop. - Personal......................
51,167,00048,605,00030,330,000 62.40
Prop. - Commercial.................
24,789,00023,847,00013,604,000 57.05
Prop - Total ............................
75,956,00072,452,00043,934,000 60.64
Liability....................................
5,135,0004,782,0001,980,00041.41
——————————————————————————
Total 2015...............................
81,091,00077,234,00045,914,000 59.45
Total 2014................................
74,915,00071,307,00041,927,000 58.80
Total 2013................................
68,698,00066,524,00042,507,000 63.90
Total 2012................................
65,394,00064,550,00036,246,000 56.15
Total 2011................................
64,737,00060,751,00038,216,000 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 IncurredRatio
Prop. - Personal......................
699,482,000695,659,000367,641,000 52.85
Prop. - Commercial.................
355,159,000361,245,000207,727,000 57.50
Prop - Total ............................1,054,641,000 1,056,904,000
575,368,000
54.44
Aircraft.....................................
–21,000 –102,000485.71
Auto. - Liability........................
585,770,000585,786,000397,899,000 67.93
Auto. - Pers. Acc.....................
208,972,000223,675,000158,125,000 70.69
Auto. - Other............................
401,667,000425,285,000276,395,000 64.99
Auto - Total .............................1,196,409,000 1,234,746,000
832,419,000
67.42
54,323,00053,358,00023,786,000 44.58
Boiler/Mach-excld...................
Fidelity.....................................
2,469,0002,522,0002,112,00083.74
Legal Expense......................... 2,0000.00
Liability....................................
192,846,000198,844,000145,138,000 72.99
Surety......................................2,824,000 2,212,000
120,000 5.42
37,416,00036,741,00022,683,000 61.74
Marine......................................
Accident & Sickness................109,977,000 118,222,000
71,306,000
60.32
——————————————————————————
Total 2015...............................
2,650,905,0002,703,528,0001,672,832,000
61.88
Total 2014................................
2,765,167,0002,795,072,0001,892,671,000
67.71
Total 2013................................
2,790,693,0002,734,387,0001,960,058,000
71.68
Total 2012................................
2,507,328,0002,466,612,0001,677,070,000
67.99
Total 2011................................
2,360,019,0002,259,975,0001,515,636,000
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 IncurredRatio
Prop. - Personal......................
32,898,00031,227,00019,828,000 63.50
Prop. - Commercial.................
6,883,0006,724,0002,638,00039.23
Prop - Total ............................
39,781,00037,951,00022,466,000 59.20
Auto. - Liability........................1,863,000 1,875,000
127,000 6.77
Auto. - Pers. Acc.....................
310,000307,000183,000
59.61
Auto. - Other............................
7,055,0006,958,0003,710,00053.32
Auto - Total .............................
9,228,0009,140,0004,020,00043.98
Fidelity..................................... 12,000
13,000
–5,000–38.46
Liability....................................4,716,000 4,725,000
655,000 13.86
——————————————————————————
Total 2015...............................
53,737,00051,829,00027,136,000 52.36
Total 2014................................
50,009,00049,049,00029,179,000 59.49
Total 2013................................
51,616,00053,557,00036,214,000 67.62
Total 2012................................
51,300,00049,039,00027,211,000 55.49
Total 2011................................
47,508,00044,797,00025,031,000 55.88
96
64-107_2016 Stat Issue Cdn Underwriters.indd 96
2015 Direct Premiums Written: +66,768,000
Growth: 6.37%
2015 Underwriting Performance Summary
%
Reinsurance Assumed........................................... Reinsurance Ceded.............................. 13,031,000
Net Premiums Written.......................... 53,737,000
Net Premiums Earned.......................... 51,829,000
Net Claims & Adj Exp........................... 27,136,000
Commissions........................................ 10,411,000
Taxes...................................................... 2,791,000
General Expenses................................ 10,136,000
Undwrwtg. Profit/Loss........................... 1,817,000
Investment Income................................. 3,923,000
Growth Rate (NPW)..................................... 7.45
% of Market (NPW)..................................... 0.12
Earned Loss Ratio..................................... 52.36
Total Expense Ratio.................................. 45.03
Combined Loss & Exp. Ratio.................... 97.39
Return on Equity....................................... 11.01
Underwriting Result
2015:+$1,817,000 2014: –$567,000 2013:–$5,416,000
2012: +$1,560,000 2011:+$1,674,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
12232_R
Personal Insurance
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Global sPecIalty lInes
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canadian brokers. We show it, by offering you the industry’s best
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to our innovative continuing education offerings, we are
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Find out more by visiting rsabroker.ca/rsa-advantage
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12232_RSA-CORP-CU-Stats-042916_FA.indd 1
64-107_2016 Stat Issue Cdn Underwriters.indd 97
2016-04-29 11:33 AM
2016-06-06 3:35 PM
SGI CANADA GROUP
COACHMAN INSURANCE COMPANY
INSURANCE COMPANY OF PRINCE EDWARD ISLAND
SGI CANADA INSURANCE SERVICES LTD
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
169,372,000155,144,000111,137,000 71.63
Prop. - Commercial.................144,234,000 130,293,000
75,225,000
57.74
Prop - Total ............................
313,606,000285,437,000186,362,000 65.29
Aircraft.....................................61,000 61,000
Auto. - Liability........................
81,296,00077,790,00037,243,000 47.88
Auto. - Pers. Acc.....................
25,031,00024,473,00015,905,000 64.99
Auto. - Other............................151,158,000 148,023,000
91,155,000
61.58
Auto - Total .............................
257,485,000250,286,000144,303,000 57.66
Boiler/Mach-excld...................145,000 152,000
91,00059.87
Fidelity..................................... 427,000 –152,000
79,000–51.97
Liability....................................
46,955,00045,319,00014,225,000 31.39
Surety......................................2,142,000 2,532,000
226,000 8.93
Accident & Sickness................19,000 20,000
——————————————————————————
Total 2015...............................
620,840,000583,655,000345,286,000 59.16
Total 2014................................
549,857,000517,263,000322,436,000 62.34
Total 2013................................
522,181,000507,251,000325,816,000 64.23
Total 2012................................
496,707,000487,485,000249,621,000 51.21
Total 2011................................
476,488,000453,506,000293,938,000 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 IncurredRatio
Prop. - Personal......................
6,283,0006,156,0002,176,00035.35
Prop. - Commercial.................
5,903,0005,031,0005,261,000
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............................
5,406,0005,093,0006,042,000
118.63
Auto - Total .............................
39,131,00037,429,00022,779,000 60.86
1,000
11,0001,100.00
Boiler/Mach-excld...................
61,00057,00014,000
24.56
Fidelity.....................................
Liability....................................
3,397,0003,088,0001,736,00056.22
Surety......................................62,000 51,000
——————————————————————————
Total 2015...............................
54,837,00051,813,00031,977,000 61.72
Total 2014................................
52,570,00050,954,00032,389,000 63.57
51,653,00053,648,00030,850,000 57.50
Total 2013................................
Total 2012................................
56,808,00059,877,00037,890,000 63.28
Total 2011................................
63,832,00055,356,00039,994,000 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 IncurredRatio
Prop. - Personal......................
37,750,00033,200,00022,716,000 68.42
Prop. - Commercial.................
26,235,00021,923,00015,874,000 72.41
63,985,00055,123,00038,590,000 70.01
Prop - Total ............................
Auto. - Liability........................
45,421,00042,533,00030,213,000 71.03
16,183,00015,716,00011,005,000 70.02
Auto. - Pers. Acc.....................
Auto. - Other............................
34,408,00032,684,00025,232,000 77.20
Auto - Total .............................
96,012,00090,933,00066,450,000 73.08
1,0004.00
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
29,00025.66
——————————————————————————
Total 2015...............................
174,421,000159,048,000108,969,000 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
98
64-107_2016 Stat Issue Cdn Underwriters.indd 98
2015 Direct Premiums Written: +192,241,000
Growth: 18.36%
2015 Underwriting Performance Summary
%
Reinsurance Assumed........................................... Reinsurance Ceded.............................. 17,820,000
Net Premiums Written........................ 174,421,000
Net Premiums Earned........................ 159,048,000
Net Claims & Adj Exp......................... 108,969,000
Commissions........................................ 31,196,000
Taxes...................................................... 5,538,000
General Expenses................................ 17,076,000
Undwrwtg. Profit/Loss......................... –3,095,000
Investment Income............................... 16,405,000
Growth Rate (NPW)................................... 15.98
% of Market (NPW)..................................... 0.39
Earned Loss Ratio..................................... 68.51
Total Expense Ratio.................................. 33.83
Combined Loss & Exp. Ratio.................. 102.34
Return on Equity......................................... 7.18
Underwriting Result
2015: –$3,095,000 2014:+$2,624,000 2013:+$1,502,000
2012:+$14,744,000 2011: –$3,740,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
SOMPO JAPAN NIPPONKOA INC.
D-F
Bruce Walker, Chief Agent In Canada
1400 - 25 York Street
Toronto ON M5J 2V5
416-594-2590
Fax:416-594-3000
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
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........................
1,053,000971,000411,000
42.33
Auto. - Other............................
416,000391,000122,000
31.20
Auto - Total .............................1,469,000 1,362,000
533,000 39.13
Boiler/Mach-excld...................73,000 69,000
Fidelity.....................................
77,00063,00014,000
22.22
Liability....................................1,442,000 1,519,000
523,000 34.43
Surety......................................1,000 2,000
Marine......................................
531,000511,000115,000
22.50
——————————————————————————
Total 2015...............................
5,748,0005,875,0001,259,00021.43
Total 2014................................
6,737,0006,319,0001,883,00029.80
Total 2013................................
5,660,0005,748,0002,455,00042.71
Total 2012................................
5,379,0005,200,0001,367,00026.29
Total 2011................................
5,103,0005,890,0001,524,00025.87
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 IncurredRatio
Prop. - Personal......................
82,574,00082,326,00054,181,000 65.81
Prop. - Commercial.................
3,952,0003,747,0002,422,00064.64
Prop - Total ............................
86,526,00086,073,00056,603,000 65.76
Auto. - Liability........................
53,304,00051,462,00032,275,000 62.72
268,000 23.89
Auto. - Pers. Acc.....................1,262,000 1,122,000
Auto. - Other............................
67,266,00074,173,00055,872,000 75.33
Auto - Total .............................121,832,000 126,757,000
88,415,000
69.75
Liability....................................3,659,0002,264,00061.87
——————————————————————————
Total 2015...............................
208,358,000216,489,000147,282,000 68.03
Total 2014................................
213,754,000214,504,000140,568,000 65.53
Total 2013................................
203,094,000202,513,000134,505,000 66.42
Total 2012................................
191,925,000182,512,000114,586,000 62.78
210,240,000160,777,000105,245,000 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 IncurredRatio
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................................
95,066,00095,066,00028,875,000 30.37
91,548,00091,548,00017,695,000 19.33
Total 2013................................
Total 2012................................
91,741,00091,741,00014,385,000 15.68
Total 2011................................
79,852,00079,852,00016,934,000 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 IncurredRatio
Prop. - Personal......................
5,859,0006,633,0003,915,00059.02
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..................................... 1,0000.00
33,086,00030,838,00029,273,000 94.93
Auto. - Liability........................
Auto. - Pers. Acc.....................
7,955,0008,050,0003,626,00045.04
Auto. - Other............................
25,876,00022,546,00016,038,000 71.13
Auto - Total .............................
66,917,00061,434,00048,937,000 79.66
Boiler/Mach-excld...................
8,008,0005,750,0001,403,00024.40
Fidelity.....................................449,000 395,000
33,000 8.35
Liability....................................
92,526,00091,051,00046,875,000 51.48
Surety......................................
8,114,0008,238,0001,265,00015.36
Marine......................................
16,641,00016,386,00011,848,000 72.31
——————————————————————————
Total 2015...............................
319,305,000309,434,000198,409,000 64.12
Total 2014................................
296,817,000298,096,000180,356,000 60.50
Total 2013................................
285,994,000276,950,000175,337,000 63.31
Total 2012................................
260,717,000256,925,000140,426,000 54.66
Total 2011................................
253,531,000233,820,000119,772,000 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 IncurredRatio
Prop. - Personal......................
913,761,000885,301,000422,751,000 47.75
Prop - Total ............................
913,761,000885,301,000422,751,000 47.75
Auto. - Liability........................1,130,630,000 1,104,807,000
839,181,000
75.96
Auto. - Pers. Acc.....................
395,981,000421,911,000571,941,000 135.56
530,899,000527,974,000449,650,000 85.17
Auto. - Other............................
Auto - Total .............................
2,057,510,0002,054,692,0001,860,772,000
90.56
Liability....................................
15,397,00015,397,00010,058,000 65.32
——————————————————————————
Total 2015...............................
2,986,668,0002,955,390,0002,293,581,000
77.61
Total 2014................................
2,915,195,0002,861,836,0002,399,324,000
83.84
Total 2013................................
2,839,453,0002,730,375,0002,645,221,000
96.88
Total 2012................................
2,646,002,0002,563,041,0002,103,351,000
82.06
2,519,036,0002,417,427,0001,851,146,000
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 IncurredRatio
Prop. - Commercial.................
30,689,00030,668,00026,116,000 85.16
30,689,00030,668,00026,116,000 85.16
Prop - Total ............................
Aircraft.....................................
–1,000
–1,000
241,000–24,100.00
Auto. - Other............................ 395,0000.00
Auto - Total .............................
0
0395,000
Boiler/Mach-excld...................
16,000–33,000–95,000
287.88
Liability....................................
72,902,00074,315,00049,448,000 66.54
Surety...................................... –7,0000.00
Marine...................................... –23,0000.00
Accident & Sickness................ –1,0000.00
——————————————————————————
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................................
100,115,00099,225,00060,767,000 61.24
Total 2011................................
92,320,00098,044,00066,624,000 67.95
100
64-107_2016 Stat Issue Cdn Underwriters.indd 100
2015 Direct Premiums Written: +180,800,000
Growth: –0.77%
2015 Underwriting Performance Summary
%
Reinsurance Assumed........................................... Reinsurance Ceded.............................. 77,194,000
Net Premiums Written........................ 103,606,000
Net Premiums Earned........................ 105,192,000
Net Claims & Adj Exp........................... 76,074,000
Commissions........................................ 21,703,000
Taxes...................................................... 5,833,000
General Expenses................................ 11,835,000
Undwrwtg. Profit/Loss....................... –10,253,000
Investment Income............................... 15,478,000
Growth Rate (NPW)................................... –1.56
% of Market (NPW)..................................... 0.23
Earned Loss Ratio..................................... 72.32
Total Expense Ratio.................................. 37.43
Combined Loss & Exp. Ratio.................. 109.75
Return on Equity......................................... 2.72
Underwriting Result
2015:–$10,253,000 2014: –$2,385,000 2013: +$247,000
2012:+$1,327,000 2011:–$7,803,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:35 PM
Open minds.
Understand Risk.
Change is ongoing and the pace is accelerating. Client needs are changing as well.
At Sovereign we recognize the importance of providing risk solutions that enable
businesses to adapt and thrive through change. Leveraging a set of diverse capabilities
across our organization we focus on delivering innovative solutions for brokers and
clients. As a Canadian-domiciled insurer, we are proud to be your trusted partner focused
on achieving success for Canadian businesses. Thank you for your support in 2015!
Peter Primdahl (left)
VP, Specialty Operations
Direct 416-673-5071
peter.primdahl@sovgen.com
SOVEREIGN
Herb Cline
VP, Commercial Operations
Direct 519-829-9844
herb.cline@sovgen.com
sovereigngeneral.com
CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
64-107_2016 Stat Issue Cdn Underwriters.indd 101
101
2016-06-06 3:35 PM
TOKIO MARINE & NICHIDO FIRE INSURANCE CO., LTD.
Craig Pinnock, Chief Agent
B-F
105 Adelaide St. W., P.O. Box 219A
Toronto ON M5H 1P9
416-350-4400
Fax:416-350-4412
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
245,000246,000106,000
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.....................................
5,716,0005,529,0003,397,00061.44
Auto. - Liability........................
4,520,0004,246,0004,307,000
101.44
Auto. - Pers. Acc.....................1,655,000 1,624,000
815,000 50.18
Auto. - Other............................
2,310,0002,237,0002,272,000
101.56
Auto - Total .............................
8,485,0008,107,0007,394,00091.21
Boiler/Mach-excld...................254,000 251,000
14,000 5.58
Fidelity..................................... 109,000
108,000 1,277,0001,182.41
Liability....................................3,238,000 3,258,000
592,000 18.17
Marine......................................
728,000569,000237,000
41.65
——————————————————————————
Total 2015...............................
32,013,00031,166,00018,025,000 57.84
Total 2014................................
32,292,00029,962,00013,957,000 46.58
Total 2013................................
29,422,00028,004,00013,900,000 49.64
Total 2012................................
27,303,00027,534,00013,596,000 49.38
Total 2011................................
25,460,00024,680,00012,129,000 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 IncurredRatio
Prop. - Personal......................
293,376,000295,734,000139,362,000 47.12
168,975,000164,375,000113,827,000 69.25
Prop. - Commercial.................
Prop - Total ............................
462,351,000460,109,000253,189,000 55.03
Aircraft..................................... –8,0000.00
Auto. - Liability........................
352,131,000362,721,000254,226,000 70.09
Auto. - Pers. Acc.....................
171,753,000184,009,000162,484,000 88.30
170,784,000176,850,000137,923,000 77.99
Auto. - Other............................
Auto - Total .............................
694,668,000723,580,000554,633,000 76.65
Boiler/Mach-excld...................
2,460,0002,492,0001,126,00045.18
Fidelity.....................................9,202,000 9,095,000 –329,000 –3.62
Liability....................................155,211,000 159,562,000
34,808,000
21.81
76,697,00068,560,00012,656,000 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
1,452,587,0001,489,993,0001,001,821,000
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................................
1,509,113,0001,521,057,0001,058,424,000
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 IncurredRatio
Prop. - Commercial.................
333,000294,000148,000
50.34
Prop - Total ............................
333,000294,000148,000
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...............................
72,159,00064,595,00013,177,000 20.40
Total 2014................................63,423,000 55,501,000
9,653,000 17.39
Total 2013................................
55,502,00047,881,00011,146,000 23.28
Total 2012................................
46,334,00040,612,00011,651,000 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
102
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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 IncurredRatio
Prop. - Personal......................
9,442,0009,915,0003,361,00033.90
Prop - Total ............................
9,442,0009,915,0003,361,00033.90
Fidelity.....................................48,000 48,000
Liability.................................... 13,0000.00
8,647,000 28.85
Accident & Sickness................27,738,000 29,973,000
——————————————————————————
Total 2015...............................
37,228,00039,936,00012,021,000 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 IncurredRatio
Prop. - Personal......................
32,811,00031,864,00016,686,000 52.37
Prop. - Commercial.................
10,832,0009,973,0005,276,00052.90
Prop - Total ............................
43,643,00041,837,00021,962,000 52.49
Auto. - Liability........................
32,530,00030,757,00018,999,000 61.77
8,435,0008,069,0006,773,00083.94
Auto. - Pers. Acc.....................
Auto. - Other............................
28,672,00031,250,00024,454,000 78.25
Auto - Total .............................
69,637,00070,076,00050,226,000 71.67
Legal Expense.........................
705,000705,000396,000
56.17
Liability....................................
4,128,0003,545,0003,292,00092.86
728,000728,000132,000
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................................
93,495,00096,787,00064,828,000 66.98
Total 2012................................
88,030,00097,920,00059,823,000 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 IncurredRatio
Prop. - Personal......................
54,897,00052,896,00027,942,000 52.82
Prop. - Commercial.................19,993,000 19,348,000
9,387,000 48.52
Prop - Total ............................
74,890,00072,244,00037,329,000 51.67
Auto. - Liability........................
42,744,00041,726,00022,351,000 53.57
Auto. - Pers. Acc.....................
5,175,0005,133,0003,846,00074.93
Auto. - Other............................
51,272,00049,712,00039,906,000 80.27
Auto - Total .............................
99,191,00096,571,00066,103,000 68.45
Legal Expense.........................1,056,000 1,056,000
577,000 54.64
Liability....................................
–3,974,0003,050,0003,000,00098.36
Surety......................................1,929,000 2,301,000
817,000 35.51
——————————————————————————
Total 2015...............................
173,092,000175,222,000107,826,000 61.54
Total 2014................................
175,853,000159,765,000103,158,000 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
64-107_2016 Stat Issue Cdn Underwriters.indd 103
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
103
2016-06-06 3:35 PM
THE WAWANESA MUTUAL INSURANCE COMPANY B-C
S Jeffrey Goy, President & Chief Executive Officer
191 Broadway
Winnipeg MB R3C 3P1
204-985-3923
Fax:204-942-7724
www.wawanesa.com
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
835,467,000809,369,000495,195,000 61.18
Prop. - Commercial.................
183,535,000171,911,000104,725,000 60.92
Prop - Total ............................
1,019,002,000981,280,000599,920,000 61.14
Auto. - Liability........................
562,629,000551,445,000433,623,000 78.63
Auto. - Pers. Acc.....................
163,046,000166,010,000141,655,000 85.33
Auto. - Other............................
385,624,000389,968,000284,528,000 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....................................
46,976,00045,615,00018,038,000 39.54
——————————————————————————
Total 2015...............................
2,177,268,0002,134,314,0001,477,854,000
69.24
Total 2014................................
2,070,278,0002,045,854,0001,584,024,000
77.43
Total 2013................................
2,027,851,0002,030,244,0001,537,650,000
75.74
Total 2012................................
2,083,019,0002,039,766,0001,501,258,000
73.60
Total 2011................................
2,002,286,0001,930,568,0001,485,946,000
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 IncurredRatio
Prop. - Personal......................
51,293,00051,174,00030,060,000 58.74
Prop - Total ............................
51,293,00051,174,00030,060,000 58.74
——————————————————————————
Total 2015...............................
51,293,00051,174,00030,060,000 58.74
Total 2014................................
48,979,00048,864,00027,695,000 56.68
Total 2013................................
46,008,00045,833,00025,922,000 56.56
Total 2012................................
41,747,00041,334,00022,480,000 54.39
Total 2011................................
39,825,00038,820,00019,627,000 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 IncurredRatio
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
104
64-107_2016 Stat Issue Cdn Underwriters.indd 104
–$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
HOME
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 IncurredRatio
Prop. - Personal......................
7,574,0007,571,0004,304,00056.85
Prop. - Commercial.................
49,949,00047,016,00029,779,000 63.34
Prop - Total ............................
57,523,00054,587,00034,083,000 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...............................
75,099,00071,215,00038,831,000 54.53
Total 2014................................
69,447,00063,031,00039,342,000 62.42
Total 2013................................
58,090,00054,203,00028,499,000 52.58
Total 2012................................
50,748,00046,606,00019,827,000 42.54
Total 2011................................
45,863,00044,167,00021,895,000 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 IncurredRatio
Prop. - Commercial.................
22,399,00022,034,00025,579,000116.09
Prop - Total ............................
22,399,00022,034,00025,579,000116.09
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....................................
58,187,00056,223,00066,165,000117.68
Surety......................................
1,653,000226,000101,000
44.69
Marine......................................
1,947,0001,644,0002,433,000
147.99
——————————————————————————
Total 2015...............................94,407,000 87,524,000 108,983,000 124.52
Total 2014................................
94,242,00087,891,00040,351,000 45.91
90,246,00090,127,00093,695,000103.96
Total 2013................................
Total 2012................................
90,416,00091,100,00058,925,000 64.68
Total 2011................................
73,717,00087,938,00049,496,000 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 IncurredRatio
Prop. - Commercial.................
268,394,000286,094,000173,415,000 60.61
Prop - Total ............................
268,394,000286,094,000173,415,000 60.61
Auto. - Liability........................98,408,000110,424,000211,142,000 191.21
Auto. - Pers. Acc.....................16,144,000 16,970,000
4,451,000 26.23
Auto. - Other............................
38,624,00042,849,00028,987,000 67.65
Auto - Total .............................
153,176,000170,243,000244,580,000 143.67
Boiler/Mach-excld...................
19,693,00018,874,00016,229,000 85.99
Credit.......................................–12,000 –12,000
Fidelity.....................................
1,603,0001,629,0003,981,000
244.38
Liability....................................
240,672,000256,857,000341,223,000 132.85
Other Apprvd. Prod.................14,000 257,000
5,0001.95
Surety...................................... –16,000 –552,000 –3,479,000630.25
Marine......................................
7,453,0008,941,0009,352,000
104.60
Accident & Sickness................
753,000753,000625,000
83.00
——————————————————————————
Total 2015...............................
691,730,000743,084,000785,931,000 105.77
Total 2014................................
744,723,000726,391,000802,784,000 110.52
Total 2013................................
693,440,000679,917,000497,381,000 73.15
Total 2012................................
641,825,000641,342,000426,831,000 66.55
Total 2011................................
649,716,000639,906,000376,132,000 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 IncurredRatio
Prop. - Personal......................
–1,000
–1,000
–135,00013,500.00
Prop. - Commercial................. –2,0000.00
Prop - Total ............................
–1,000
–1,000
–137,00013,700.00
Auto. - Liability........................
3,000
3,000
–105,000–3,500.00
Auto - Total .............................
3,000
3,000
–105,000–3,500.00
Liability.................................... 323,0000.00
——————————————————————————
Total 2015...............................
2,000
2,000
81,0004,050.00
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
45,000 267,000593.33
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: –$578,0002011: –$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 IncurredRatio
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
–442,0004,018.18
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......................................
645,000346,000582,000
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................................
9,013,0008,397,0008,546,000
101.77
Total 2011................................
30,810,00034,048,00026,754,000 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 IncurredRatio
Prop. - Commercial.................
4,808,0008,147,0002,317,00028.44
Prop - Total ............................
4,808,0008,147,0002,317,00028.44
Boiler/Mach-excld...................
–148,000181,000520,000
287.29
Fidelity.....................................
617,000726,000242,000
33.33
Liability....................................
28,315,00029,043,00019,342,000 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...............................
36,942,00041,206,00022,451,000 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 IncurredRatio
Prop. - Personal......................
8,929,0008,912,0002,927,00032.84
Prop. - Commercial.................
10,111,0009,425,0004,610,00048.91
Prop - Total ............................19,040,000 18,337,000
7,537,000 41.10
Aircraft..................................... –20,0000.00
Auto. - Liability........................
4,579,0004,473,0007,304,000
163.29
Auto. - Pers. Acc.....................
2,255,0002,192,0003,377,000
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....................................
8,828,0009,533,0006,807,00071.40
Surety......................................2,247,000 2,092,000
462,000 22.08
Marine...................................... 210,000 210,000 –42,000–20.00
Accident & Sickness................
950,000950,000446,000
46.95
——————————————————————————
Total 2015...............................
41,139,00040,710,00025,993,000 63.85
Total 2014................................
41,240,00040,243,00019,837,000 49.29
Total 2013................................
39,467,00042,949,00032,406,000 75.45
Total 2012................................
48,931,00050,868,00036,819,000 72.38
Total 2011................................
50,183,00052,656,00044,794,000 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 IncurredRatio
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
2,0002.17
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.......................................–172,0000.00
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................................
62,495,00066,048,00023,254,000 35.21
Total 2012................................
68,359,00096,927,00059,902,000 61.80
Total 2011................................
154,352,000148,814,000103,210,000 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 IncurredRatio
Prop. - Personal......................
79,541,00082,705,00066,783,000 80.75
Prop - Total ............................
79,541,00082,705,00066,783,000 80.75
Auto. - Liability........................
38,242,00037,732,00034,890,000 92.47
Auto - Total .............................
38,242,00037,732,00034,890,000 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................................
119,007,000113,090,000101,034,000 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 IncurredRatio
Prop. - Personal......................
69,00041,00039,000
95.12
Prop. - Commercial.................
40,956,00041,163,00025,310,000 61.49
Prop - Total ............................
41,025,00041,204,00025,349,000 61.52
Aircraft.....................................
801,000814,000625,000
76.78
Auto. - Liability........................4,583,000 4,467,000 –3,201,000 –71.66
Auto. - Pers. Acc.....................
102,000102,000293,000
287.25
Auto. - Other............................
759,000776,000178,000
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
36,000 112,000311.11
Marine......................................1,470,000 1,508,000 –106,000 –7.03
——————————————————————————
Total 2015...............................
53,673,00053,816,00018,984,000 35.28
Total 2014................................53,739,000 51,050,000 –18,863,000 –36.95
Total 2013................................
44,358,00046,069,00023,181,000 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 IncurredRatio
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.....................................
3,927,0004,066,0001,966,00048.35
Auto. - Liability........................
21,716,00020,631,00011,853,000 57.45
Auto - Total .............................
21,716,00020,631,00011,853,000 57.45
Boiler/Mach-excld...................
1,636,0001,962,0002,003,000
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
20,00014.29
Liability....................................
63,501,00059,879,00040,612,000 67.82
Surety......................................15,253,000 14,514,000 –1,198,000 –8.25
Marine...................................... 738,000 652,000 1,730,000265.34
Accident & Sickness................ 662,000 842,000 1,764,000209.50
——————————————————————————
Total 2015...............................
243,021,000235,407,000108,956,000 46.28
Total 2014................................
241,927,000225,488,000171,493,000 76.05
Total 2013................................
216,646,000207,303,000165,383,000 79.78
Total 2012................................
177,277,000171,170,000140,501,000 82.08
Total 2011................................
138,874,000131,214,000117,300,000 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 IncurredRatio
Prop. - Personal......................
8,509,0008,272,0003,176,00038.39
Prop. - Commercial.................
5,672,0005,514,0002,118,00038.41
Prop - Total ............................14,181,000 13,786,000
5,294,000 38.40
Aircraft..................................... 12,0000.00
Hail..........................................2,717,000 2,552,000
782,000 30.64
Liability....................................
95,00092,00018,000
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................................
15,271,00015,355,00015,987,000104.12
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
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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 IncurredRatio
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..................................... 1,0000.00
Auto. - Liability........................ 711,000
776,000 –1,841,000–237.24
Auto. - Pers. Acc..................... –43,0000.00
Auto. - Other............................ –2,0000.00
Auto - Total ............................. 711,000
776,000 –1,886,000–243.04
Boiler/Mach-excld...................
372,000372,000178,000
47.85
Credit....................................... 132,000 280,000 –101,000–36.07
Liability.................................... 2,378,000 2,272,000 –3,060,000–134.68
304,000304,000839,000
275.99
Surety......................................
Marine......................................
420,000420,000620,000
147.62
Accident & Sickness................282,000 282,000
97,00034.40
——————————————————————————
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................................
14,109,00013,438,00020,313,000151.16
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 IncurredRatio
Prop. - Personal......................
104,353,00096,779,00038,940,000 40.24
82,672,000
82.17
Prop. - Commercial.................107,850,000 100,613,000
Prop - Total ............................
212,203,000197,392,000121,612,000 61.61
Aircraft.....................................
–1,000
–1,000
276,000–27,600.00
Auto. - Liability........................
38,016,00027,847,00016,791,000 60.30
Auto. - Pers. Acc.....................
18,779,00012,015,00013,727,000114.25
7,164,000 32.92
Auto. - Other............................29,202,000 21,763,000
Auto - Total .............................
85,997,00061,625,00037,682,000 61.15
Boiler/Mach-excld...................6,322,000 6,339,000 –1,024,000 –16.15
Fidelity.....................................
695,000667,000974,000
146.03
Legal Expense.........................
6,985,000349,000308,000
88.25
74,743,000
68.64
Liability....................................115,164,000 108,891,000
Surety......................................
9,463,0009,329,0003,328,00035.67
Marine...................................... 292,000 292,000 –212,000–72.60
Accident & Sickness................ –1,0000.00
——————————————————————————
Total 2015...............................
437,120,000385,417,000237,686,000 61.67
343,406,000330,524,000184,152,000 55.72
Total 2014................................
Total 2013................................
309,522,000309,447,000203,465,000 65.75
Total 2012................................
301,255,000297,546,000184,478,000 62.00
Total 2011................................
270,977,000280,107,000198,645,000 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 IncurredRatio
Prop. - Personal......................
104,353,00096,779,00038,940,000 40.24
77,161,00069,945,00056,556,000 80.86
Prop. - Commercial.................
Prop - Total ............................181,514,000 166,724,000
95,496,000
57.28
Aircraft..................................... 35,0000.00
Auto. - Liability........................
38,016,00027,848,00016,396,000 58.88
Auto. - Pers. Acc.....................
18,779,00012,015,00013,727,000114.25
Auto. - Other............................29,202,000 21,763,000
7,164,000 32.92
Auto - Total .............................
85,997,00061,626,00037,287,000 60.51
Boiler/Mach-excld...................6,306,000 6,372,000 –929,000 –14.58
Fidelity.....................................
695,000667,000974,000
146.03
Legal Expense.........................
6,985,000348,000308,000
88.51
Liability....................................
42,262,00034,576,00025,295,000 73.16
Surety......................................
9,463,0009,329,0003,335,00035.75
Marine...................................... 292,000 292,000 –189,000–64.73
——————————————————————————
Total 2015...............................
333,514,000280,225,000161,612,000 57.67
Total 2014................................
238,163,000226,903,000118,588,000 52.26
Total 2013................................
207,324,000207,022,000134,924,000 65.17
Total 2012................................
201,140,000198,321,000123,711,000 62.38
Total 2011................................
178,657,000182,063,000132,021,000 72.51
114
108-121_2016 Stat Issue Reinsurance.indd 114
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 IncurredRatio
Prop. - Personal......................
33,060,00029,528,00011,928,000 40.40
Prop. - Commercial.................
21,154,00017,418,00019,943,000114.50
Prop - Total ............................
54,214,00046,946,00031,871,000 67.89
Aircraft.....................................1,000 1,000
Auto. - Liability........................
7,935,0007,842,0003,969,00050.61
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......................................
2,970,0002,970,0001,767,00059.49
Marine......................................69,000 236,000 15,0006.36
——————————————————————————
Total 2015...............................
82,224,00074,203,00044,138,000 59.48
Total 2014................................
77,653,00079,460,00039,880,000 50.19
Total 2013................................
83,650,00079,258,00081,003,000102.20
Total 2012................................
83,937,00084,783,00070,582,000 83.25
Total 2011................................
65,677,00065,053,00053,987,000 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 IncurredRatio
Prop. - Commercial.................
70,430,00074,720,00016,735,000 22.40
Prop - Total ............................
70,430,00074,720,00016,735,000 22.40
Aircraft.....................................–385,0000.00
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..........................................
8,464,0008,464,0002,606,00030.79
Liability....................................13,952,000 14,357,000
4,948,000 34.46
Surety......................................
4,167,0004,212,0001,006,00023.88
——————————————————————————
Total 2015...............................100,717,000 105,472,000
21,653,000
20.53
Total 2014................................
103,461,00098,348,00039,140,000 39.80
Total 2013................................
90,214,00095,884,00057,327,000 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 IncurredRatio
Prop. - Personal......................
69,248,00067,829,00042,689,000 62.94
62,847,00060,597,00038,422,000 63.41
Prop. - Commercial.................
Prop - Total ............................132,095,000 128,426,000
81,111,000
63.16
Auto. - Liability........................
10,819,0009,991,0005,251,00052.56
Auto. - Pers. Acc.....................737,000 700,000
51,000 7.29
Auto. - Other............................
17,922,00016,565,00011,932,000 72.03
Auto - Total .............................
29,478,00027,256,00017,234,000 63.23
Liability....................................
5,936,0005,663,0004,555,00080.43
Surety......................................236,000 279,000
–1,000–0.36
——————————————————————————
Total 2015...............................
167,745,000161,624,000102,899,000 63.67
Total 2014................................
156,209,000147,579,000101,089,000 68.50
Total 2013................................132,747,000 126,776,000
79,839,000
62.98
Total 2012................................126,102,000 118,973,000
80,811,000
67.92
Total 2011................................110,921,000 111,198,000
86,690,000
77.96
116
108-121_2016 Stat Issue Reinsurance.indd 116
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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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 IncurredRatio
Prop. - Personal......................
26,611,00027,525,00013,239,000 48.10
Prop. - Commercial.................
91,360,00086,626,00024,661,000 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
23,0002,300.00
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
–20,000285.71
28,000 –20,000–71.43
Hail.......................................... 14,000
Liability....................................
11,267,00010,958,00018,548,000169.26
Surety......................................
4,680,0004,730,0002,095,00044.29
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................................
160,353,000158,741,000108,334,000 68.25
Total 2012................................
151,456,000147,427,000112,375,000 76.22
Total 2011................................
157,280,000162,190,000148,127,000 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 IncurredRatio
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
62,000 212,000341.94
Surety...................................... –3,0000.00
——————————————————————————
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................................
15,526,00016,725,00012,401,000 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 IncurredRatio
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 ............................
84,985,00090,768,00011,937,000 13.15
Aircraft.....................................
2,999,0003,262,0001,351,00041.42
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..................................... 739,0000.00
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 1,588,0003,240.82
——————————————————————————
Total 2015...............................114,139,000 118,993,000
14,767,000
12.41
Total 2014................................124,663,000 129,668,000
12,063,000
9.30
Total 2013................................147,072,000 147,197,000
73,288,000
49.79
Total 2012................................142,567,000 139,475,000
36,503,000
26.17
Total 2011................................152,279,000 147,927,000
73,839,000
49.92
118
108-121_2016 Stat Issue Reinsurance.indd 118
R-F
Veronica Scotti, President & Chief Executive Officer
150 King St. W
Suite 1000
Toronto ON M5H 1J9
416-947-3800
Fax:416-408-4222
www.swissre.com
2015 Direct Premiums Written: +162,201,000
Growth: –20.04%
2015 Underwriting Performance Summary
%
Reinsurance Assumed....................... 429,163,000
Reinsurance Ceded............................ 345,475,000
Net Premiums Written........................ 114,139,000
Net Premiums Earned........................ 118,993,000
Net Claims & Adj Exp........................... 14,767,000
Commissions........................................ –3,045,000
Taxes...................................................... 5,775,000
General Expenses................................ 39,530,000
Undwrwtg. Profit/Loss......................... 61,966,000
Investment Income............................... 12,870,000
Underwriting Result
Growth Rate (NPW)................................... –8.44
% of Market (NPW)..................................... 0.25
Earned Loss Ratio..................................... 12.41
Total Expense Ratio.................................. 35.51
Combined Loss & Exp. Ratio.................... 47.92
Return on Equity....................................... 14.90
2015: +$61,966,000 2014:+$75,699,000
2012: +$65,498,000 2011:+$36,861,000
2013:+$29,597,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:37 PM
SCOR’s strength stands out clearly
SCOR consistently delivers. Since 2003, SCOR has overcome obstacles, faced economic and financial crises, and absorbed major
natural catastrophes. Throughout this long journey, the Group has held its course and achieved the strategic targets set out in its
successive plans. The Group has reinforced its financial strength, and expanded and deepened its franchise. It has diversified, developed
a state-of-the-art risk management strategy, and become a truly global group.
The upgrade of our rating to AA- by S&P and Fitch* demonstrates the relevance of SCOR’s business strategy, which continues to withstand
the current macroeconomic and market environment. It confirms SCOR as a Tier 1 global reinsurer. The Group’s strength is a clear benefit
for our clients.
Denis Kessler
Chairman & Chief Executive Officer
* Fitch on July 21, Standard & Poor’s on September 7, 2015.
108-121_2016 Stat Issue Reinsurance.indd 119
2016-06-06 3:37 PM
SWISS REINSURANCE COMPANY LTD
R-F
Veronica Scotti, Chief Agent
150 King St. W
Suite 1000
Toronto ON M5H 1J9
416-947-3800
Fax:416-408-4222
www.swissre.com
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
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 –206,000686.67
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..................................... 739,0000.00
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 1,588,0003,240.82
——————————————————————————
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................................
100,288,00094,856,00044,222,000 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 IncurredRatio
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.....................................
2,760,0003,292,0001,557,00047.30
–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....................................
10,122,0009,128,0005,003,00054.81
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................................
36,603,00043,404,00025,352,000 58.41
61,453,00052,957,00028,494,000 53.81
Total 2012................................
Total 2011................................
51,991,00053,071,00029,617,000 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 IncurredRatio
Prop. - Commercial.................39,000 40,000
Prop - Total ............................39,000 40,000
00.00
Auto. - Liability........................
27,00027,00012,000
44.44
Auto - Total .............................
27,00027,00012,000
44.44
Liability....................................
426,000575,000575,000
100.00
——————————————————————————
Total 2015...............................
492,000642,000587,000
91.43
Total 2014................................
825,000708,000472,000
66.67
Total 2013................................
548,000251,000476,000
189.64
Total 2012................................160,000 109,000
79,00072.48
Total 2011................................
88,00095,00045,000
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: –$247,0002014: –$87,000 2013: –$558,000
2012: –$146,0002011: –$116,000
120
108-121_2016 Stat Issue Reinsurance.indd 120
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:37 PM
THE TOA REINSURANCE COMPANY OF AMERICA
R-F
Caroline Kane, Senior Vice-President & Chief Agent in
Canada
55 University Ave
Suite 1700 Box 53
Toronto ON M5J 2H7
416-366-5888
Fax:416-366-7444
www.toare.com
Class
Net Prems
Net Prems
Net Claims
Claims
Written Earned IncurredRatio
Prop. - Personal......................
6,572,0006,433,0004,158,00064.64
Prop. - Commercial.................
7,367,0007,366,0005,339,00072.48
Prop - Total ............................13,939,000 13,799,000
9,497,000 68.82
Auto. - Liability........................
6,846,0006,774,0002,950,00043.55
Auto - Total .............................
6,846,0006,774,0002,950,00043.55
Fidelity..................................... 40,000 40,000
9,00022.50
Hail.......................................... 1,0000.00
Liability....................................
9,546,0009,396,0006,433,00068.47
Surety...................................... –7,0000.00
Marine......................................
–15,000
–241,0001,606.67
——————————————————————————
Total 2015...............................
30,371,00029,994,00018,642,000 62.15
Total 2014................................
31,543,00033,588,00021,316,000 63.46
Total 2013................................
43,956,00044,356,00036,923,000 83.24
Total 2012................................
46,345,00046,258,00032,623,000 70.52
Total 2011................................
39,341,00039,278,00030,112,000 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 IncurredRatio
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 ............................
53,067,00055,589,00010,566,000 19.01
58,000–51.33
Aircraft..................................... –77,000 –113,000
Auto. - Liability........................
8,413,0008,250,0005,537,00067.12
Auto. - Other............................ 44,000 108,000 77,00071.30
Auto - Total .............................
8,457,0008,358,0005,614,00067.17
Boiler/Mach-excld...................379,000 342,000
41,00011.99
11,000
11,000
–181,000–1,645.45
Credit.......................................
Fidelity..................................... 257,000 253,000 –60,000–23.72
Liability....................................
18,877,00019,080,00019,480,000102.10
Surety......................................10,765,000 11,223,000
3,927,000 34.99
Marine......................................
350,000350,000126,000
36.00
105,00063,00017,000
26.98
Accident & Sickness................
——————————————————————————
Total 2015...............................
92,191,00095,156,00039,588,000 41.60
Total 2014................................
95,740,00091,874,00038,768,000 42.20
Total 2013................................
84,998,00089,051,00073,589,000 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 IncurredRatio
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..................................... 6,0000.00
Auto. - Liability........................
2,994,0002,793,0001,501,00053.74
Auto - Total .............................
2,994,0002,793,0001,501,00053.74
Fidelity..................................... –4,0000.00
29,032,00028,053,00022,052,000 78.61
Liability....................................
Surety...................................... –1,0000.00
Marine......................................
–2,000–2,000–4,000
200.00
——————————————————————————
Total 2015...............................
49,570,00047,682,00028,554,000 59.88
Total 2014................................
43,266,00050,839,00026,103,000 51.34
Total 2013................................
67,217,00065,044,00040,839,000 62.79
Total 2012................................
61,102,00059,299,00029,412,000 49.60
Total 2011................................
56,657,00063,383,00036,784,000 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
121
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 IncurredRatio
Auto. - Liability........................
3,010,651,0002,865,628,0002,765,434,000
96.50
Auto. - Pers. Acc.....................
211,896,000203,368,000230,864,000 113.52
Auto. - Other............................
1,414,290,0001,378,935,0001,367,197,000
99.15
Auto - Total .............................
4,636,837,0004,447,931,0004,363,495,000
98.10
——————————————————————————
Total 2015...............................
4,636,837,0004,447,931,0004,363,495,000
98.10
Total 2014................................
4,223,474,0004,129,934,0003,894,466,000
94.30
Total 2013................................
4,041,195,0003,974,594,0003,434,660,000
86.42
Total 2012................................
3,910,077,0003,811,387,0003,266,615,000
85.71
Total 2011................................
3,692,836,0003,673,211,0003,186,563,000
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 IncurredRatio
Auto. - Liability........................
20,269,00019,941,00013,311,000 66.75
429,141,000422,203,000256,395,000 60.73
Auto. - Pers. Acc.....................
Auto. - Other............................
480,665,000472,797,000483,325,000 102.23
Auto - Total .............................
930,075,000914,941,000753,031,000 82.30
——————————————————————————
Total 2015...............................
930,075,000914,941,000753,031,000 82.30
886,444,000863,976,000834,155,000 96.55
Total 2014................................
Total 2013................................
824,513,000806,964,000739,103,000 91.59
Total 2012................................
781,167,000767,226,000740,528,000 96.52
Total 2011................................
744,743,000726,282,000806,924,000 111.10
2015 Direct Premiums Written: +936,070,000
Growth: 5.27%
2015 Underwriting Performance Summary
%
Reinsurance Assumed........................................... Reinsurance Ceded................................ 5,995,000
Net Premiums Written........................ 930,075,000
Net Premiums Earned........................ 914,941,000
Net Claims & Adj Exp......................... 753,031,000
Commissions........................................ 46,303,000
Taxes.................................................... 44,654,000
General Expenses................................ 81,287,000
Undwrwtg. Profit/Loss....................... –10,334,000
Investment Income............................. 122,541,000
Underwriting Result
2015: –$10,334,000
2012: –$123,824,000
122
122-124_2016 Stat Issue Provincial.indd 122
Growth Rate (NPW)..................................... 4.92
% of Market (NPW)..................................... 2.05
Earned Loss Ratio..................................... 82.30
Total Expense Ratio.................................. 18.83
Combined Loss & Exp. Ratio.................. 101.13
Return on Equity....................................... 53.45
2014:–$139,131,000
2011:–$228,680,000
2013: –$93,197,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2016
2016-06-06 3:41 PM
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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