Founded in 1892
Clients: over 3 Million
Assets Under Management: $87.5 Billion
Products & Services: Life and Health Insurance, Savings and Retirement, RRSP’s , Mutual and Segregated Funds, Auto and Home Insurance, Securities, Mortgage Loans etc.
Financial Strength/ Credit Rating (According to S&P) : A+ (Strong), AM Best is A for Excellent
Claims Paying Ability: IC-2 Superior (according to DBRS Limited)
Solvency Ratio: 237%
IA is the 4th largest life and health insurance company in Canada (*as of March 31st 2013) and were rated #4 of the top insurers according the Financial Post Business Magazine June 2012. IA recently expanded into the US Market. Industrial Alliance was listed in top 2000 companies globally by Forbes Magazine in 2010.
Canadian Life Insurance Companies
- Bingham Group Services Corp. (BGS)
- Blue Cross Canada
- BMO Life Assurance Company (formerly AIG Life Insurance)
- Canada Life
- CPP (Canada Protection Plan)
- Empire Life
- Equitable Life of Canada
- Great West Life
- Industrial Alliance
- La Capitale
- Reliable Life Insurance Canada
- SSQ Financial Group
- Standard Life Assurance Company
- Sunlife Insurance
- Wawanesa Mutual Insurance Co.