Canadian Insurance Strong Balance Sheet Stocks

NexgenRx

Market Cap: CA$28.4m

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.

iA Financial

Market Cap: CA$14.9b

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

Fairfax Financial Holdings

Market Cap: CA$47.3b

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.

E-L Financial

Market Cap: CA$5.9b

Operates as an investment and insurance holding company in Canada.

Manulife Financial

Market Cap: CA$78.9b

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

Great-West Lifeco

Market Cap: CA$55.2b

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$43.2b

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

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$50.1b

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$8.3b

Offers property and casualty insurance products in Canada.