Canadian Insurance Strong Balance Sheet Stocks

NexgenRx

Market Cap: CA$27.7m

NexgenRx Inc. administers, adjudicates, and pays drug, dental, and other extended health-care claims for the beneficiaries of health benefit plans underwritten by its customers in Canada.

Fairfax Financial Holdings

Market Cap: CA$57.5b

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.

iA Financial

Market Cap: CA$14.2b

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

E-L Financial

Market Cap: CA$5.7b

Operates as an investment and insurance holding company in Canada.

Manulife Financial

Market Cap: CA$72.9b

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

Sun Life Financial

Market Cap: CA$46.0b

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.

Power Corporation of Canada

Market Cap: CA$36.8b

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

Trisura Group

Market Cap: CA$1.8b

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$47.3b

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

Definity Financial

Market Cap: CA$8.7b

Offers property and casualty insurance products in Canada.