Who We Regulate

Federally Regulated Financial Institutions

  • Expand Banks (81)
  • Expand Trust Companies (43)
  • Expand Loan Companies (15)
  • Collapse Life Insurance Companies (59)

    The federal and provincial governments share jurisdiction over life and health insurers. Federal supervision encompasses insurers incorporated or continued under the Insurance Companies Act as well as foreign insurers who have been granted an order to insure in Canada risks. In general, OSFI conducts prudential reviews of the federally regulated insurers to determine their financial soundness, while the provinces regulate the licensing of insurers operating within their jurisdictions as well as the marketing of insurance products. The industry-funded compensation organization known as Assuris is the organization that protects Canadian policyholders in the event that their life insurance company should fail by minimizing the loss of benefits and ensuring a quick transfer of their policies to a solvent company, where their benefits will continue to be honoured. (1) This Institution is limited to the servicing of some or all of its existing policies.

    Notes. for additional historical information regarding insurers governed by the Insurance Companies Act such as amalgamations, liquidations, dissolutions, withdrawals from Canada, name changes, continuation under other federal or provincial laws. (PDF format; Adobe Acrobat Reader is required for PDF documents)

    • Collapse Canadian Life Insurance Companies (33)
      Company name, official representative and address in Canada Authorized Class(es) of Insurance Specified in the Order and Authorized name, if any
      • Allstate Life Insurance Company of Canada
      • London Bradley
      • Chief Executive Officer
      • 100-27 ALLSTATE PKY
      • MARKHAM, Ontario
      • L3R 5P8
      Life; Accident and sickness. All classes of insurance are limited to the servicing of policies issued prior to November 15, 1996.
      • Blue Cross Life Insurance Company of Canada
      • Timothy Jarvis Mawhinney
      • Chief Executive Officer
      • 644 MAIN ST
      • MONCTON, New Brunswick
      • E1C 8L3
      Life; Accident and sickness; Credit protection. The class of credit protection insurance is limited to the insurance against the involuntary loss of employment by a person.
      • BMO Life Assurance Company
      • Peter C. McCarthy
      • Chief Executive Officer
      • 60 YONGE ST
      • TORONTO, Ontario
      • M5E 1H5
      Life; Accident and sickness; Credit protection.
      • BMO Life Insurance Company
      • Peter C.M. McCarthy
      • Chief Executive Officer
      • 60 YONGE STREET
      • TORONTO, Ontario
      • M5E 1H5
      Life; Accident and sickness; Credit protection. The class of credit protection insurance is limited to the insurance against the involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person. The classes of accident and sickness insurance and credit protection insurance limited to the insurance against involuntary loss of employment, are limited to the servicing of existing policies.
      • Brookfield Annuity Company
      • Thomas Olunloyo
      • CEO
      • 333 BAY STREET
      • SUITE 1200
      • TORONTO, Ontario
      • M5H 2R2
      Life.
      • Canada Life Assurance Company (The)
      • Paul A. Mahon
      • President & Chief Executive Officer
      • 100 Osborne Street North
      • Winnipeg, Manitoba
      • R3C 1V3
      Life; Accident and sickness; Credit. Credit Protection Insurance, limited to the insurance against the involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person.
      • Canada Life Insurance Company of Canada (The)
      • Paul A. Mahon
      • President & Chief Executive Officer
      • 100 Osborne Street North
      • Winnipeg, Manitoba
      • R3C 1V3
      Life; Accident and sickness; Credit protection. All classes of insurance are limited to the business of reinsurance. The class of credit protection insurance is limited to the insurance against the involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person.
      • Canadian Premier Life Insurance Company
      • Nigel Branker
      • Chief Executive Officer
      • 25 SHEPPARD AVE WEST
      • SUITE 1400
      • TORONTO, Ontario
      • M2N 6S6
      Life; Accident and sickness; Credit protection. The class of credit protection insurance is limited to the insurance against the involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person.
      • Chubb Life Insurance Company of Canada
      • Paul Johnstone
      • Chief Executive Officer
      • 199 BAY STREET
      • SUITE 2500
      • TORONTO, Ontario
      • M5L 1E2
      Life; Accident and sickness; Credit protection. The class of credit protection insurance is limited to the insurance against the involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person.
      • CIBC Life Insurance Company Limited
      • Ian Oncea
      • Chief Executive Officer
      • 81 BAY STREET
      • CIBC SQUARE
      • TORONTO, Ontario
      • M5J 0E7
      Life; Accident and sickness.
      • CIGNA Life Insurance Company of Canada
      • Fong Liang Tsaur
      • President and CEO
      • 100 CONSILIUM PLACE
      • SUITE 301
      • SCARBOROUGH, Ontario
      • M1H 3E3
      Life; Accident and sickness; Credit protection. The class of credit protection insurance is limited to the insurance against the involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person.
      • CompCorp Life Insurance Company
      • Paul Petrelli
      • President & CEO
      • 3110-250 YONGE ST
      • PO BOX 23, EATON CENTRE TOWERS
      • TORONTO, Ontario
      • M5B 2L7
      Life; Accident and sickness; Credit protection. CompCorp Life Insurance Company may carry on (i) business which generally appertains to acquiring, reinsuring, servicing, transferring or otherwise dealing with policies of insurance companies that are members of the Canadian Life and Health Insurance Compensation Corporation against which a winding-up order under the Winding-up and Restructuring Act has been made; and (ii) with the prior written approval of the Superintendent of Financial Institutions, business which generally appertains to acquiring, reinsuring, servicing, transferring or otherwise dealing with policies of insurance companies that are members of the Canadian Life and Health Insurance Compensation Corporation other than companies described in paragraph (i). The class of credit protection insurance is limited to the insurance against the involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person.
      • Co-operators Life Insurance Company
      • Rob Wesseling
      • President & Chief Executive Officer
      • 1900
      • ALBERT STREET
      • REGINA, Saskatchewan
      • S4P 4K8
      Life; Accident and sickness; Credit protection. The class of Credit Protection is limited to the insurance against the involuntary loss of employment by a person.
      • Empire Life Insurance Company (The)
      • Mark Andrew Sylvia
      • President and Chief Exective Officer
      • 259 King Street East
      • Kingston, Ontario
      • K7L 3A8
      Life; Accident and sickness; Credit protection. Class of credit protection insurance limited to the involuntary loss of employment of a person, the limit of which insurance is all or part of the debt of the person.
      • Equitable Life Insurance Company of Canada (The)
      • Fabien Jeudy
      • Chief Executive Officer
      • ONE WESTMOUNT RD N
      • PO BOX 1603 STN WATERLOO
      • WATERLOO, Ontario
      • N2J 4C7
      Life; Accident and sickness.
      • Foresters Life Insurance Company
      • Louis Gagnon
      • Chief Executive Officer
      • 789 DON MILLS ROAD
      • TORONTO, Ontario
      • M3C 1T9
      Life; Accident and sickness.
      • ivari
      • Todd Edward Michael Lawrence
      • President & CEO
      • 5000 YONGE STREET
      • SUITE 200
      • TORONTO, Ontario
      • M2N 7E9
      Life; Accident and sickness.
      • Manufacturers Life Insurance Company (The)
      • Roy Gori
      • President and Chief Executive Officer
      • 200 Bloor Street East
      • Toronto, Ontario
      • M4W 1E5
      Life; Accident and sickness.
      • Manulife Assurance Company of Canada
      • Naveed Irshad
      • Chief Executive Officer
      • 200 BLOOR ST E
      • TORONTO, Ontario
      • M4W 1E5
      Life.
      • Manulife Financial Corporation
      • Roy Gori
      • President and Chief Executive Officer
      • 200 Bloor Street East
      • Toronto, Ontario
      • M4W 1E5
      Life.
      • MD Life Insurance Company
      • Jeffrey Coughlan
      • Chief Executive Officer
      • 1870 ALTA VISTA DR
      • OTTAWA, Ontario
      • K1G 6R7
      Life.
      • PartnerRe Life Reinsurance Company of Canada
      • André Piché
      • Chief Executive Officer
      • 95 WELLINGTON STREET WEST
      • 12TH FLOOR
      • TORONTO, Ontario
      • M5J 2N7
      Life; Accident and sickness. The company may insure risks, limited to the reinsurance of risks, falling within the classes of life insurance and accident and sickness insurance.
      • Primerica Life Insurance Company of Canada
      • John A. Adams
      • Chief Executive Officer
      • 6985 FINANCIAL DRIVE
      • SUITE 400
      • MISSISSAUGA, Ontario
      • L5N 0G3
      Life; Accident and sickness.
      • RBC Life Insurance Company
      • Rino D'Onofrio
      • Chief Executive Officer
      • 200 BAY ST., 12TH FLOOR
      • ROYAL BANK PLAZA, SOUTH TOWER
      • TORONTO, Ontario
      • M5J 2J5
      Life; Accident and sickness.
      • Reliable Life Insurance Company
      • Jason R Smith
      • President and Chief Executive Officer
      • 100 KING ST W
      • PO BOX 557 STN LCD 1
      • HAMILTON, Ontario
      • L8N 3K9
      Life; Accident and sickness.
      • RGA Life Reinsurance Company of Canada
      • Alka Gautam
      • President and Chief Executive Officer
      • 1300-1981 MCGILL COLLEGE AVE
      • MONTREAL, Quebec
      • H3A 3A8
      Life; Accident and sickness; Credit protection. All classes of insurance are limited to the business of reinsurance. The class of credit protection insurance is limited to the insurance against the involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person.
      • Scotia Life Insurance Company
      • Wayne Hewitt
      • Chief Executive Officer
      • 44 KING STREET WEST
      • TORONTO, Ontario
      • M5H 1H1
      Life; Accident and sickness.
      • Sun Life Assurance Company of Canada
      • Kevin D. Strain
      • President and Chief Executive Officer
      • 1 YORK STREET
      • TORONTO, Ontario
      • M5J 0B6
      Life; Accident and sickness; Credit protection. The class of credit protection insurance is limited to the insurance against the involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person.
      • Sun Life Financial Inc.
      • Kevin D. Strain
      • President and Chief Executive Officer
      • 1 YORK STREET
      • TORONTO, Ontario
      • M5J 0B6
      Life.
      • Sun Life Insurance (Canada) Limited
      • Alexandre Guertin
      • President and Chief Executive Officer
      • 1 YORK STREET
      • TORONTO, Ontario
      • M5J 0B6
      Life; Accident and sickness.
      • TD Life Insurance Company
      • James V. Russell
      • Chief Executive Officer
      • 12TH FLOOR
      • 50 CRÉMAZIE PL
      • MONTRÉAL, Quebec
      • H2P 1B6
      Life; Accident and sickness.
      • TruStage Life of Canada
      • Vanessa Sehmrau
      • Chief Executive Officer
      • 180 NORTHFIELD DRIVE WEST
      • UNIT 4, 1ST FLOOR
      • Waterloo, Ontario
      • N2L 0C7
      Life; Accident and sickness. The class of accident and sickness insurance is limited to the servicing of business assumed from John Alden Life.
      • Wawanesa Life Insurance Company (The)
      • S. Jeff Goy
      • Chief Executive Officer
      • 200 Main Street
      • 7th Floor
      • Winnipeg, Manitoba
      • R3C 1A8
      Life; Accident and sickness; Credit protection. Credit protection insurance, limited to the insurance against involuntary loss of employment by a person, the limit of which insurance is all or part of the debt of the person and limited to the servicing of existing policies
    • Expand Foreign Life Insurance Companies (26)
  • Expand Fraternal Benefit Societies (9)
  • Expand Property & Casualty Insurance Companies (146)
Expand all (353)

Foreign Bank Representative Offices

 

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