Canadian Insurance Low Leverage High Rewards

iA Financial

Market Cap: CA$16.3b

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

Great-West Lifeco

Market Cap: CA$61.1b

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$45.6b

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

Manulife Financial

Market Cap: CA$83.7b

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