Canadian Insurance Potentially Undervalued Companies

Fairfax Financial Holdings

Market Cap: CA$44.7b

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

Sagicor Financial

Market Cap: CA$1.1b

Provides various financial services to individuals and corporations in Canada, the United States, Jamaica, and the rest of the Caribbean.

E-L Financial

Market Cap: CA$6.0b

Operates as an investment and insurance holding company in Canada.

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$46.4b

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

Manulife Financial

Market Cap: CA$97.3b

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

Allianz

Market Cap: CA$165.3b

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

iA Financial

Market Cap: CA$17.4b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Great-West Lifeco

Market Cap: CA$78.9b

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

AXA

Market Cap: CA$88.4b

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

Zurich Insurance Group

Market Cap: CA$87.5b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.