Who We Regulate

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Federally Regulated Financial Institutions

Expand + Banks (81)
Expand + Trust Companies (43)
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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 PARKWAY 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 Rohit Thomas Chief Executive Officer 60 YONGE ST TORONTO, Ontario M5E 1H5	Life; Accident and sickness; Credit protection.
BMO Life Insurance Company Rohit Thomas 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 Rene Zanin Chief Executive Officer (Interim) 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 (147)

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Foreign Bank Representative Offices

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