Canadian Insurance Potentially Undervalued Companies

Great-West Lifeco

Market Cap: CA$50.5b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Power Corporation of Canada

Market Cap: CA$37.2b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Manulife Financial

Market Cap: CA$72.9b

Provides financial products and services in the United States, Canada, Asia, and internationally.

Sagicor Financial

Market Cap: CA$1.2b

Provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States.

Fairfax Financial Holdings

Market Cap: CA$58.5b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, the Middle East, Asia, and internationally.

AXA

Market Cap: CA$83.0b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

E-L Financial

Market Cap: CA$5.8b

Operates as an investment and insurance holding company in Canada.

Allianz

Market Cap: CA$131.7b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.

Sun Life Financial

Market Cap: CA$46.3b

A financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

Trisura Group

Market Cap: CA$1.9b

A specialty insurance company, operates in the surety, warranty, corporate insurance, and program and fronting businesses in Canada and the United States.

Intact Financial

Market Cap: CA$47.2b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.