Profitability and growth

Securing the future for our clients

By effectively managing our risks, expenses and business practices, we help secure the long-term stability required to meet the needs of the people we serve.

See how we’re transforming our business (pdf)

“Our strong financial position gives our members and policyholders peace of mind that we will be able to deliver on our purpose to provide financial security for Canadians — whether at a time of an insurance loss or upon a major life event. Our position also enables us to re-invest back into our communities and invest in initiatives that better the planet.”

Lesley Christodoulou, Vice President, Corporate Finance Services

Our balance sheet position remains strong, with almost

$4.5 billion

in capital.

Revenue growth in consolidated P&C commercial lines of business

compound annual growth rate through 2022

Group Benefits premium growth
 

compound annual growth rate through 2022


 

Charting forward in a year of volatility

High inflation, rising interest rates, and an increase in climate-related risks have put pressure on Canadians and created conditions of volatility we must navigate as a business. Ensuring we’re effectively managing our risks, expenses and business practices to ensure continued strength and stability is critical to our long-term ability to meet the needs of the people we serve.

Find out how we’ve navigated financial volatility (pdf)