Canadian Insurance Price disconnect

Manulife Financial

Market Cap: CA$97.6b

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

Fairfax Financial Holdings

Market Cap: CA$54.5b

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.

Trisura Group

Market Cap: CA$2.1b

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