Canadian Insurance Low Leverage High Rewards

Great-West Lifeco

Market Cap: CA$82.6b

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$58.6b

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

Intact Financial

Market Cap: CA$46.5b

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$101.6b

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