Financial performance

Our 2022 financial performance summary

Our continued strength enables us to make decisions for the sustainability of future generations, while persevering through times of volatility.

See our financial performance (pdf)

Financial strength amidst uncertainty

2022 was a turbulent year for the global economy, but with our core values at the forefront, we were able to achieve our profitability goals and maintain our strong financial position.

“We remain steadfast in our mission to provide financial security for Canadians and are committed to optimizing our financial performance to ensure we can do so for years to come.”

Karen Higgins Chief Financial Officer, The Co-operators Group Limited

Balance sheet summary

Total assets
$19.4
billion

-

Total liabilities
$14.9
billion

=

Total equity
$4.5
billion


 

Income statement overview

Total revenue
$4,457.5
million

-

Total expenses
$4,148.6
million

=

Net income
$308.9
million