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The Top 5 Insurance Companies in Canada
- Manulife Financial (MFC) is the biggest insurance company in Canada, providing wealth and asset management, totaling C$848.94 billion in assets by the end of 2022.
- Desjardins Insurance is a reliable name in insurance services and banking, serving over 7.5 million members and customers, with total assets of C$407.1 billion by 2022-end.
- Sun Life Financial (SLF) is among the oldest Canadian insurance companies that provides financial products and health insurance to clients in Asia, the UK, and North America.
- Intact Financial is Canada’s largest home, business, and auto insurance provider, with revenue of CAD 6.41B in Q3 2024 and options that cater to individual and corporate needs.
- Fairfax Financial Holdings is a property and casualty insurance provider that functions based on amicable business acquisitions and honest, fair transactions.
- The top five Canadian insurance companies have earned the trust of millions of Canadians by providing dependable customer service, user-friendly tools, and flexible options.
- These insurance companies focus on adapting to the evolving needs of Canadians, especially in the current rapidly changing environment.
- Their personalized solutions make it easy for people to protect their future and ensure long-term financial planning.
- When choosing an insurance company, Canadians can rely on names like Manulife, Sun Life, Desjardins, Intact, and Fairfax Financial, which have established a solid reputation in Canada.
- The right insurance provider offers quick claims processing, comprehensive coverage, and personalized service, which matter most to customers.
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