(Last Updated: July 12, 1996)
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The Canadian Insurance Industry

Property Casualty

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Total Property/Casualty Insurance Companies operating in Canada     231
Total P & C Insurance Agencies and Brokerages in Canada            7400
(Source: Stone & Cox Limited.  Note: excludes farm mutuals and inactive companies)
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Total people employed in the private P & C industry in Canada   104,155
(Source: Insurance Bureau of Canada - Facts Handbook 1995)
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Top 10 P & C Companies in Assets
(Source: Canadian Insurance Annual Statistical Review 1996 - 1995 data)
(in Canadian $)

Royal Ins. Canada             2,383,913,000
Zurich Canada                 1,941,584,000
ING Canada                    1,916,798,000
General Accident              1,915,610,000
Co-operators Group            1,848,574,000
State Farm Ins. Co.           1,502,638,000
Wawanesa Mutual               1,475,029,000
Economical Group              1,450,819,000
AXA Canada                    1,443,288,000
Canadian General Group        1,139,781,000

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Top 10 P & C Companies Profit Before Tax
(Source: Canadian Insurance Annual Statistical Review 1996 - 1995 data)
(in Canadian $)

Lloyd's of London               210,403,000
ING Canada                      133,457,000
Royal Insurance Canada          126,837,000
Economical Group                117,304,000
Co-operators Group               79,551,000
AXA Canada                       77,221,000
Wawanesa Mutual                  68,940,000
Chubb Ins. of Canada             58,319,000
Groupe Desjardins                52,281,000
Pilot Insurance Co.              52,221,000

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Top 10 PC Growth Rates for companies with Net Premium Written of $30 million & up (%):
(Source: Canadian Insurance Annual Statistical Review 1996 - 1995 data)
(in millions of Canadian $)

Liberty Mutual Group        +201.87
AXA Canada                  +182.34
CNA Canada Group             +48.61
ING Canada                   +47.67
Canada Life Casualty         +45.49
Markel Ins. of Canada        +40.67
Progressive Casualty         +33.77
Protection Mutual            +32.89
Unione Canadienne            +31.70
Pafco Insurance              +28.05

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Life Insurance Industry

Total Life & Health Insurance Companies operating in Canada   125
(Source: Stone & Cox Limited.  Note: excludes inactive companies)

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Total people employed in the Life & Health industry in Canada        62,800
(Source: Canadian Life & Health Insurance Association - Fact Sheet 1994 - 1993 data)

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Life and A. & S. Statistics
(Source: Canadian Insurance Annual Statistical Review 1996 - 1995 data)
(in Canadian $)

Premium Revenue            27,829,841,000
Growth Rate                         -5.09%
Investment Income          14,308,887,000
Total Revenue              44,030,990,000
Claims Incurred            18,645,816,000
Claims/Premium Ratio                64.68%
Expenses, Comm.and Taxes    6,936,394,000
Exp./Premium Ratio                  24.06%
Total Expense              41,516,956,000
Expense/Revenue Index               94.29%
Return on Equity                     9.73%
Assets                    187,544,693,000
Liabilities               161,888,292,000
Premiums to Equity                 117.22%

Top 10 in Assets
(Source: Canadian Insurance Annual Statistical Review 1996 - 1995 data)
(in Canadian $)
Sun Life of Canada         29,835,871,000
Manufacturers Life         27,485,860,000
Mutual Life of Canada      18,075,260,000
Canada Life                17,222,384,000
London Life                13,137,335,000
Great-West Life            11,578,726,000
Crown Life                  6,018,820,000
Metropolitan Life           5,725,173,000
North American Life         5,583,634,000
Prudential of America       5,323,407,000

(Last Updated: July 12, 1996)

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