Canadian Insurance Strong Balance Sheet Stocks

NexgenRx

Market Cap: CA$20.6m

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.

Trisura Group

Market Cap: CA$1.6b

A specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally.

E-L Financial

Market Cap: CA$4.1b

Operates as an investment and insurance holding company in Canada.

Fairfax Financial Holdings

Market Cap: CA$42.9b

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.

Power Corporation of Canada

Market Cap: CA$30.5b

An international management and holding company, engages in the provision of financial services in North America, Europe, and Asia.

Intact Financial

Market Cap: CA$51.3b

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$67.1b

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

Definity Financial

Market Cap: CA$7.1b

Offers property and casualty insurance products in Canada.