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VOL. 84, NO. 6, JUNE 2017

contents

COVER STORY Dodging a Bullet

An Unforgettable Year in Review

BRIEFING NOTES Provincial Outlook and Analysis Alberta 18 British Columbia 16 Manitoba 22 New Brunswick 30 Newfoundland & Labrador 36 Nova Scotia 32

Ontario 24 Prince Edward Island 34 Quebec 28 Saskatchewan 20 The Territories 38

THE RANKINGS National Total Business 40 Property 46 Automobile 48 Underwriting Profitability 50 Major Lines 52

Provincial Total Business 54 Property 56 Automobile 58

THE RESULTS Topline Financials General Companies 60 Reinsurers 64

DWP by Province Total Business 66 Property 70 Automobile 72

UNDERWRITING EXPERIENCE 5-year financial overview of every group, parent and subsidiary

2017 STATISTICALâ€ˆGUIDE 3

Phot Photo: Patrick

14 Leading by Example James Cameron, president of 14 Leading by Example

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Cameron & Associates James Cameron, president of Insurance Cameron &Consultants Associates Limited, was recognized by the CIP Insurance Consultants Limited, Society when he was recognized byreceived the CIPits Established Award.its Society whenLeader he received

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Dodging a bullet I

Glenn McGillivray Managing Director, Institute for Catastrophic Loss Reduction

An Unforgettable Year in Review

n MSA Research Inc.’s Quarterly Outlook Report Q4-2016, president and chief executive office Joel Baker writes of the “Narrow Escape” experienced by the Canadian property and casualty (p&c) insurance industry in 2016. Says Baker: “The Canadian insurance industry was put through the wringer in 2016 with the Fort McMurray wildfire in May and higher than average other Cat losses throughout the year... It was relatively brutal, but the industry made it through in one piece.” This is one way in which the industry dodged a big bullet last year. The other is with industry results as a whole (which, themselves, were largely dictated by the losses in Fort McMurray). If the fiscal year had ended on Sept. 30, 2016, the Canadian p&c sector would have suffered its third-worst result in 50 years as measured by return on equity

(ROE). Although that’s not an exactly accurate statement—Quebec-regulated insurers only report twice a year, so their decent results were not included in Q3 industry numbers—p&c insurers still had an acceptable fourth quarter, reinforced by Fort McMurray-related drawdowns and no severe weather-related losses. All in all, the October to December period helped prop up an otherwise lacklustre first nine months. The international insurance market In its Global insurance review 2016 and outlook 2017/18, Swiss Re reported that non-life (i.e. property and casualty) premium growth was slower in 2016 than in 2015, with premiums rising by 2.4% in real terms versus 3.0% the year before. In advanced industrialized economies, premium growth decelerated to 1.7% from 2.5% thanks to slower economic expan2017 STATISTICAL GUIDE 7

COVER STORY

Dodging a bullet sion and a softer commercial insurance sector. Swiss Re included Canada, Japan and South Korea among the larger p&c markets that experienced accelerating premium growth last year. Property and casualty premiums in the emerging markets grew an estimated 5.3% in 2016, up slightly from 2015, but lower than the 8% annual growth experienced between 2010 and 2014. The comparatively weaker increase was due to the continued economic slowdown in Latin America, with declines recorded in Brazil, Argentina and Venezuela, sluggish-to-negative growth in Sub-Saharan Africa, and premium growth slowdown in China (7% in 2016 versus 10% in 2015). This was partly offset by recovery in Central and Eastern Europe and strong growth of more than nine points in the Middle East and North Africa. The U.S. p&c industry’s combined ratio deteriorated by 2.2% to 99.8% in the first half of 2016, driven by higher catastrophe losses and lower reserve releases than in the same period a year earlier. Excluding the impact of reserve releases, the accident year combined ratio came in at 102.8% at the end of the first half of 2016, up from 101.1% a year earlier. Rate increases contributed to strong premium growth in personal lines, while softening rates contributed to a decline in commercial premiums.

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Auto Average Premiums Private Passenger Auto

$1,600

1,458

$1,400

1,179

$1,200

1,090

$1,000 $800

783

763

755

$600 $400 $200 $0

NL Source: GISA

According to Swiss Re, underwriting profitability in Europe was about the same in the first two quarters of 2016 compared to full-year 2015, with the average combined ratio coming in at close to 95%. Underwriting results in Japan and Australia, the biggest mature markets in Asia Pacific, have been mixed. In Japan, overall underwriting results deteriorated, reflecting mainly higher natural catastrophe (Cat) losses due to the Kumamoto earthquakes in April and higher losses in auto insurance. Underwriting performance in Australia, however, improved, with weakening liability and auto segments being offset by improvement in property (both commercial and personal). Overall, Swiss Re reported that the pricing outlook in p&c lines remains challenging due to abundant capital and generally benign claims development. “Even so, an inflection point seems to have been reached and the momentum of rate softening has slowed recently,” it noted in the review. Swiss Re maintains that several factors could drive a turn in the low-price environment and set the scene for rate hardening. These include the following: • reserve releases in places like the U.S., which “will eventually morph into a need to strengthen reserves, but it is difficult to forecast when that will happen;” • stricter solvency regulations and higher capital requirements that will help turn the market; and • volatile and significant capital market developments impacting insurers’ capital bases; including impairments of invested assets, or a quick and strong rise in interest rates. Canada: The numbers “Circumstances left no way to sugar-coat 2016 results for the p&c insurance industry,” said David McGown, Insurance Bureau of Canada (IBC) Senior Vice President of Strategic Initiatives, speaking at Swiss Re’s 32nd Canadian Outlook Breakfast in Toronto on April 4, 2017. MSA Research confirmed this in its report: “Year-end results for the industry came in with a slim underwriting profit, with an annual combined ratio of 99%, benefiting from a solid fourth quarter due to mild weather and strong reserve releases. Without the releases, the industry combined ratio would have been a much nastier 108.9%.

But grindingly low interest rates, the Cats and deteriorating auto results in Alberta, Atlantic Canada and, to a lesser degree, Ontario, took their toll, halving net income ($2.4 billion versus $5.2 billion in 2015) and the industry’s ROE (4.9 versus 11.6 in 2015).” According to MSA Research’s Baker, the industry pulled through the year “thanks to large reserve releases at year-end, including some takedown of Fort McMurray-related reserves, in addition to relatively mild weather in the fourth quarter.” He underscored that the real story in 2016 was that the reinsurance/retro markets saved the day. McGown echoed that, noting reinsurance “likely prevented a challenging year from becoming a disastrous one for our industry” with “domestic and international reinsurers picking up an estimated 85% of the Fort McMurray losses.” Auto According to Baker: “Auto results across

the country are… keeping insurers awake at night.” He noted that, “while overall private passenger loss ratios in Ontario declined to 69.4%, that is only because of a dropoff in third-party liability (bodily injury or BI) claims. Accident benefit and physical damage loss ratios have spiked to 94.7% and 88.8%, respectively.” In Alberta, Baker asserted that private passenger auto results are “bad across the board,” and he says it’s the same for Atlantic Canada: “No good news there.” But reforms made early last year could work to improve the product. Ontario reforms Ontario auto product reforms introduced in April and June 2016 were directed at lowering transaction costs, making the product more affordable for drivers and a more desirable line for insurers. According to Jim Cameron, President of Cameron & Associates, in Canadian Underwriter (“Ontario auto reforms should help cut transaction

costs: Cameron,” May 11, 2016), the transaction costs of determining entitlement to benefits—things like legal determinations, mediations, arbitrations and cost of medical examinations—have been a major problem in the system for years. He noted that since about 1998 or 2000, transaction costs accounted for more than actual treatment costs and were “overwhelming the system,” “I think this further attacks the transition costs piece of it, so that should be able to reduce the loss costs of the product and, therefore, reduce the premiums,” he said. According to Cameron, the reforms represent a big change and he wonders whether “people in the trenches” fully recognize the impact. “They are significant changes to the product that will impact all roles, including brokers, underwriters and claims adjusters” with, perhaps, the biggest impact being on producers. The reforms put the onus “on the broker to understand,” he said.

2017 STATISTICAL GUIDE 9

COVER STORY

Dodging a bullet “If an insurance company is deciding they want to exit Ontario auto, this may be something that could cause them to rethink that,” Cameron suggested. Auto and solvency Looking at the auto line from a solvency perspective, the Property and Casualty Insurance Compensation Corporation (PACICC) has identified a few potential problem markets across the country in its 2016 Annual Report. In Ontario—the country’s largest auto insurance market, representing about a quarter of all p&c premiums written in the country—the product appears profitable for the time being. “The question facing consumers and the insurance industry is whether the latest round of reforms is sustainable and will affect industry solvency,” the report said. In Alberta, cost pressures—most prominently on the liability portion of the product—have increased markedly since a 2011 court decision that weakened the cap on minor injuries. “Under these conditions, PACICC considers insurers with a substantial book of Alberta auto business to have a higher risk of underwriting losses, which could impact their solvency.” In Atlantic Canada, “insurers focused on selling auto insurance… also face underwriting pressures over the next two to three years,” PACICC noted. Stability enjoyed from years-old

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reforms in New Brunswick, Nova Scotia and Prince Edward Island that lowered claims costs, reduced prices for drivers and improved insurer profitability has since eroded. “In all three markets, there is evidence of increasing claims costs in the Bodily Injury portion of the auto insurance product, which will put upward pressure on rates in the near term. There will also be higher solvency risk if governments do not allow rates to offset these increased costs.” PACICC believes that the system needs to be reformed in order to reduce longterm costs of auto insurance in these provinces. In Newfoundland and Labrador, auto insurance is another source of concern. “Unlike the other Atlantic Canada markets, the province did not introduce the same reforms and, as a result, claims costs are rising faster than premiums. The Newfoundland and Labrador market is currently unprofitable and is eroding the capital base of insurers,” PACICC said. “Solvency risk may, therefore, be elevated for insurers selling auto insurance in Newfoundland and Labrador.” The reinsurance side In its Global insurance review 2016 and outlook 2017/18, Swiss Re noted the global p&c reinsurance industry is heading for a fifth year of strong, though lower, underwriting results. Near the end of 2016, after the November earthquake in New Zealand, the global p&c reinsurance sector was looking at an estimated year-end combined ratio of 93% to 94%. This is marginally higher than prior years due to natural disaster losses that began trending back toward the 10-year average after a few quiet years (driven largely by benign North Atlantic hurricane seasons). ROE, according to Swiss Re, was projected to be around 9%. And while reinsurance prices continued to trend down in 2016, price decreases were less than in previous years. Swiss Re noted that there is still an abundance of reinsurance capital (recently reported by Aon Benfeld at US$595 billion [all lines], up 5% over 2015), with strong supply in both traditional and alternative capacity. “However, the rapid expansion of alternative capacity which caused a sudden supply/demand imbalance in property catastrophe reinsurance in 2013–2014 has abated, as average returns for several alternative capital business models have fallen below their cost of capital,” it reported. Alternative capital was estimated to be US$61 billion (excluding retrocession) by mid-2016, up slightly from year-end 2015. While it has maintained a roughly 18% share of global capacity in property catastrophe reinsurance, Swiss Re noted that in the broader context of all risks covered by the global non-life reinsurance market, market share for alternative capital is less than 2%. Traditional capital in the international p&c reinsurance segment grew by 7% in the first half of 2016. The increase was almost entirely due to unrealized gains on investments, mainly associated with declines in interest rates during the period. According to Swiss Re, comparing capital and

premium developments in reinsurance shows that capital has kept pace with premiums—“a proxy for insured exposures”—since 2009. Underwriting results in non-life reinsurance were strong again in 2016, due to the absence of large natural catastrophe losses, said Swiss Re. It noted that based on six- and nine-month data, the reinsurance industry was expected to report a combined ratio of around 93% to 94% for the financial year 2016. However, the company warned that this does not properly reflect underlying underwriting profitability, because natural catastrophe losses (particularly North Atlantic basin events) have been lower than anticipated in recent years and the claims ratio has been reduced by positive reserve releases from redundant reserves for prior years’ claims. “Excluding these two impacts, the underlying combined ratio will likely be close to 99% in 2016,” it said. In the low-yield investment environment, underwriting results remain the main profit driver for p&c reinsurers, said Swiss Re. The industry achieved what Swiss Re called a “meagre” averaged 3.5% annualized investment yield in the first half of 2016, up slightly from 2015. About 2.6% was from investment income and 0.9% was from capital gains. Based on a combined ratio of 93% to 94%, an ROE of around 9% is expected for full-year 2016, down three points from 2015. Looking specifically at the Canadian segment, the 20 entities in the Reinsurance Research Council’s (RRC) 2016 results reported assumed premiums of $2.54 billion in 2016, up from just over $2 billion in 2015 when 19 companies reported (Lloyd’s Underwriters was not included in the council’s posted member results for 2015). The 20 reported an underwriting loss of $533.7 million in 2016 (down significantly from a $343.1 million underwriting profit for 19 companies the year before). The huge difference largely owes, of course, to Fort McMurray and 12 other severe-weather events recorded in the country last year. A National Network of Independent Law Firms The group reported a total loss ratio of 82.2% in 2016 (up markedly from

47% in 2015) and an expense ratio of 29% (compared to 31.5% the year prior) for a combined ratio of 111% (up from 78.5% in 2015). The number should be no surprise given the disaster losses booked for the year. Total investment income came in at $242.4 million (up from $186.9 million in 2015). A wholly unsurprising after-tax loss of $337.6 million was recorded, after 19 companies booked

a $445 million profit the year before. Natural catastrophes According to Swiss Re’s annual overview of natural catastrophes and manmade losses, totals for 2016 were the highest since 2012 and back in line with the 10-year, inflation-adjusted average. Internationally, the company reported 327 disaster events, 191 of which were natural catastrophes and

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COVER STORY

Dodging a bullet 136 of which man-made disasters. In total, the events resulted in insured losses of US$54 billion: US$46 billion from natural catastrophes and US$8 billion from man-made disasters. The total is in line with the 10-year average of US$53 billion. Economic losses (i.e. the total of insured and uninsured losses) of US$175 billion came close to double the 2015 level. Several large-scale disaster events occurred across all regions in 2016, including earthquakes in Japan, Ecuador, Tanzania, Italy and New Zealand. In Canada, the Fort McMurray wildfire came in as the country’s biggest insurance loss event ever. Worldwide, around 11,000 people lost their lives or went missing in disasters in 2016. According to Swiss Re, there were a number of severe flood events in the United States, Europe and Asia. Hurricane Matthew, the first Category 5 storm to form over the North Atlantic

Canadian Underwriter

Canadian Insured CAT Losses $ BILLIONS

$ BILLIONS

5 Alberta floods

Trend

4 3 2

4 Fort McMurray

Slave Lake

Ontario storms

2 1

1 0

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016*

* 2016 Preliminary. Source: IBC Facts 2016, PCS, CatIQ; values in 2016 $CAN

since 2007, was also a major humanitarian disaster, causing more than 700 deaths, mostly in Haiti. Until 2016, these were some Canada’s record-breaking disasters: • the costliest wildfire in Canadian history (the 2011 Slave Lake event); • the costliest flood and costliest

disaster in Canadian history (the 2013 southern Alberta event); • the (newest) costliest disaster loss in Ontario history (the 2013 Toronto rainstorm/flood); and • the costliest hailstorm in Canadian history (2014 Airdrie, Alberta). With 2016, we now have to update

the list with the newest costliest wildfire event in Canadian history, doubling also as the costliest disaster in Canadian history by far: the May wildfire in Fort McMurray. The event comes in at just under $3.7 billion insured (not including lost adjustment expenses) over more than 45,000 claims filed. The wildfire loss was unprecedented in size and scope, going down not only as the largest such loss in Canadian history, but also being included in the Top 50 largest insured catastrophe losses. It sits near the bottom of the list, which includes some of the costliest earthquakes, hurricanes and floods of all time. The sense is that Fort McMurray, costlier than the 2013 floods in southern Alberta and Toronto together, and then some, will stay on top of the loss charts for years to come. That being said, many thought the same of the 2013 Canadian Cat year, so it is probably best not to prognosticate.

SURPASSING INDUSTRY STANDARDS

Along with the costs and the ongoing challenges associated with rebuilding Fort McMurray, three things are noteworthy when considering last year’s roster of natural disaster losses. First (and staying with the “dodging a bullet” theme), the ongoing misery experienced by residents of Fort McMurray and the costs being incurred by governments (read: taxpayers), insurers and reinsurers all emanate from the loss of 10% of the built city. The industry must really ask the question: What would it have had to deal with if one-quarter, one-half, three-quarters or all of the city was lost? Fort McMurray had the capacity to be a much, much larger loss than it was. As it stands now, it wiped out several years of profit from the Alberta property market. It should have the industry thinking a lot more about what could have been, what could be elsewhere

in Canada, and what other types of natural disaster scenarios could happen that have not been contemplated or modelled. Second, somewhere around 200 or more residences have already been rebuilt in Fort McMurray and judging by photographs, many (perhaps all) have been constructed with vinyl siding. The industry is essentially putting Fort McMurray back the way it was (i.e. with the same level of risk). One day, the city may be hit with another wildfire disaster (after all, it is in the middle of the Boreal forest and is surrounded by scars from many past wildfires) and the mistakes being made now will surely come back to haunt. The definition of insanity truly is doing the same thing over and over, and expecting a different result. Third, 12 other catastrophes were recorded in Canada last year, for a total of 13 events. All in all, the baker’s dozen

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2017-04-27 10:45 AM 2017 STATISTICAL GUIDE 13

COVER STORY

Dodging a bullet cost Canadian insurers and reinsurers somewhere around $5.3 billion (not including claims adjustment expenses). It wasn’t the busiest year for frequency since consistent records have been kept—2011 takes the crown with 14 events—but it was the costliest by far. Nine of the 13 events involved hail, and six took place, at least in part, in the province of Alberta. Fort McMurray excluded, there was still more than $500 million in insured losses in Alberta from severe weather last year. Looking forward In its Global insurance review 2016 and outlook 2017/18, Swiss Re projected overall moderate advancement for the global p&c sector, with emerging markets serving as the main driver of growth with overall premium increases forecast to improve to 6% to 7% in real terms in 2017 and 2018. Counterbalancing that will be the industrialized markets, which are

expected to grow only slightly in 2018 since macroeconomic conditions will improve only modestly and inflation is expected to increase. Swiss Re projected that underwriting profitability in p&c will likely deteriorate in 2017 and 2018, assuming natural catastrophe losses at historical averages and an erosion of reserve releases. “Casualty claim trends are picking up momentum in markets like U.S. commercial auto and other liability lines, and this will reduce profitability and accelerate rate hardening in casualty,” it said. On the investment side, Swiss Re noted that insurers’ investment income has been weak for some time due to the prolonged ultra-low interest rate environment, and this will not change soon. As interest rates gradually rise, investment income will grow only slowly, lagging rising rates. Overall profitability in 2017 and 2018 is expected to remain at current lows, with ROE of around 6%.

The company noted that political instability could be a “significant headwind” for advanced market insurance sectors, with Brexit possibly leading to structural changes in insurance markets. “Conversely, rate dynamics are likely to add to growth in the following years. Global non-life premium growth is forecast at 2.2% in 2017 and 3.0% in 2018.” On the reinsurance side, global p&c premiums are expected to grow in 2017 in real terms, based on increasing cessions from emerging markets, noted Swiss Re. Premium growth in advanced industrialized markets “will reflect a moderation in rate pressures, slowing growth in the primary market and accelerating inflation.” Demand will likely also be supported by new solvency regulations, with p&c reinsurance becoming more attractive for European insurers under Solvency II, “since the new standards better reflect the risk mitigating effect of reinsurance.”

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Canadian Underwriter

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modernize out-of-date regulation on auto products, “which lags far behind today’s technology and today’s consumer expectations. I think we can agree that our customers are as frustrated as 99.5% the industry. And the root of the frustration—ours and theirs—is, ultimately, cumbersome provincial regulatory systems,” he said. “Work is also required with regard to property lines and soaring natural catastrophe losses.” McGown is correct and 2016 under2009 2010 2011 2012 2013 2014 2015 2016 scored the point with three bold lines. All the natural catastrophe (i.e. events of $25 million insured or higher) losses from 2009 to 2016 inclusive, total government bonds make up almost 40% more than $14.2 billion (not including claims adjustment expenses). This of our industry’s investments.” He offered some hopeful signs for doesn’t include what are often called 2017, including a projected increase in “mini Cats” or small, day-to-day, oneglobal economic activity and Canada’s off weather-related losses. Last year, the industry dodged a big economy exceeding expectations, now growing at an annualized rate of 2.3%. bullet, to be sure. But you never know McGown cautioned that there is much when the next bullet will have the indusONSIDE Canadian Underwriter Ad to 4.5x4.8125 Ad 2017.pdf try’s name on it. 1 2017-04-21 2:07 PM work to be done, including efforts P&C Insurance Combined Ratio

110%

100%

90%

80%

2001 2002 2003 2004 2005 2006 2007 2008

Source: MSA, excludes Lloyd’s and mortgage insurers

Swiss Re maintained that given the strong erosion of profit margins over the last two years, property catastrophe reinsurance rates are close to bottoming out. Indeed, the softening of average rates is expected to moderate across all lines of business. For casualty and specialty lines, significant differences in pricing developments by market and line of business are expected. Under the assumption of average catastrophe losses, moderating rates and a less benign claims environment, the company estimates industry-wide combined ratios of around 94% to 96% in 2017 and 2018. And while it believes that underwriting profitability will likely remain below the average of recent years, investment returns will improve, though they will lag interest rate increases. Swiss Re is estimating moderate profitability of around 7%, again, assuming average natural catastrophes losses. Here at home, as with much of the world, uncertainty appears to be the only thing that is certain. Indeed, according to IBC’s McGown, “it’s a no-brainer to say that we should expect more uncertainty,” pointing to such upcoming events as the elections in France and Germany, the future of Brexit and the Trump Administration. Of 2016, McGown noted that with interest rates unchanged and 1.4% overall growth in Canada (modestly better than in 2015) “yields on government bonds remained low for most of the year. For our industry, this is significant because

2017 STATISTICAL GUIDE 15

Briefing Note: British Columbia SCORECARD 2016

Direct Business B.C. brokers will see opportunity and challenge in real estate coverage

Written Premiums........... $4,544,705,000 Y/Y growth....................................... 3.6% Loss ratio 2016 (2015)........... 46.5 (48.4)

THE CANADIAN PRESS/Jonathan Hayward

Line Share

■ Property........... 66%...... 3,001,832,000 ■ Automobile ........ 6%.......... 261,722,000 ■ Liability ............ 17%......... 754,620,000 ■ Other............... 11%......... 526,531,000

otwithstanding hiccups related to trade in softwood lumber and liquefied natural gas, B.C’.s economy is starting to hit on all cylinders. For a musthave product like insurance, that gives brokers opportunities for new policy generation. The expansion, though, creates pricing pressure they’ll have to manage – particularly for residential and commercial real estate coverage. “There’s an upward trend on building and repair recovery costs,” says Insurance Brokers Association of B.C. (IBABC) executive director Chuck Byrne, “although we’re not in the same boat we were in the early 2000s, where insured values had basically STATS GUIDE 2017 IS

been ignored, versus the reality of the market. In the 2003 Kelowna and Barrier fires, there was a lot of underinsurance.” The Canadian Wildland Fire Information System calls for fire risks to increase starting this spring for the southern part of the province, and Byrne notes rapidly rising home prices in B.C. have the potential to add to an underinsured situation for both residential and commercial buildings. There’s a need for consumers and brokers alike to pay attention to insured values, and insurers will be contributing to that debate as they deal with total and partial losses that point to strain on proper insurance value.

HOT LINES

Beyond fire and flood, IBABC has been raising awareness at three levels of government about earthquake risks, and the need to increase citizens’ responsibility for disaster resilience. The province’s earthquake product is expensive and doesn’t fit all consumers; plus, deductibles are high – 10% of insured value of the property. “We’ve got information and materials available for our members to get out to the consumer,” says Byrne, “who’s maybe not thinking about what they have to do if their building twists into a knot and they’re unable to use the elevator, or the building gets condemned – any of those worst-case scenarios that might affect B.C. homeowners.”

2016’s Fastest-Growing by y/y DWP† CONTRACT SURETY

CONTRACT SURETY

+ $22,560,000

+55%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 16

Canadian Underwriter

Data and rankings exclude ICBC, Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 ........................$1,703,756,000 DWP growth (y/y) .............................5.0% Loss ratio 2016 (2015).............47.3 (51.0)

PROPERTY - COMMERCIAL DWP 2016 ........................$1,298,076,000 DWP growth (y/y) .............................1.2% Loss ratio 2016 (2015).............44.8 (43.1)

AUTO - PRIVATE PASSENGER DWP 2016 ...........................$211,354,000 DWP growth (y/y) .......................... –0.3% Loss ratio 2016 (2015).............92.0 (71.1)

AUTO - COMMERCIAL DWP 2016 .............................$50,368,000 DWP growth (y/y) ...........................39.3% Loss ratio 2016 (2015).............85.7 (37.0)

BOILER & MACHINERY DWP 2016 .............................$61,650,000 DWP growth (y/y) .......................... –0.5% Loss ratio 2016 (2015).............29.0 (31.8)

LIABILITY DWP 2016 ...........................$754,620,000 DWP growth (y/y) .............................0.6% Loss ratio 2016 (2015).............41.8 (55.2)

SURETY DWP 2016 .............................$85,489,000 DWP growth (y/y) ...........................46.7% Loss ratio 2016 (2015)...............15.0 (9.5)

Market DWP 2016 $ share 1. Intact Financial Corporation.......................... 246,222,000 ...... 15.7% 2. Wawanesa Mutual Insurance Company (The).. 216,834,000 ...... 13.9% 3. RSA Canada Group...................................... 205,831,000 ...... 13.2% 4. CAA - BCAA Insurance Corporation............... 151,515,000 ........ 9.7% 5. Lloyd’s Underwriters..................................... 150,915,000 ........ 9.7%

DWP Growth 2013-2016 1. American Bankers Ins. Company of Florida..1,519% 2. Lloyd’s Underwriters.................................... 164% 3. First North American Insurance Company..... 142% 4. AIG Insurance Company of Canada.............. 135% 5. Echelon Financial Group ............................... 95%

1. Lloyd’s Underwriters..................................$242,204,000 ...... 18.7% 2. Intact Financial Corporation.......................$125,970,000 ........ 9.7% 3. Aviva Canada Group..................................$108,411,000 ........ 8.4% 4. RSA Canada Group.......................................$88,764,000 ........ 6.8% 5. Northbridge Financial Corporation..................$83,074,000 ........ 6.4%

1. 2. 3. 4. 5.

Everest - Group........................................... 430% Allianz Global Risks US Insurance Company....190% Munich Re Canada...................................... 141% Guarantee Company of North America (The).119% Northbridge Financial Corporation.................. 88%

1. Economical Mutual Insurance Company.......$113,998,000 ...... 53.9% 2. Intact Financial Corporation...........................$67,110,000 ...... 31.8% 3. RSA Canada Group......................................$21,403,000 ...... 10.1% 4. Aviva Canada Group........................................$3,515,000 ........ 1.7% 5. Echelon Financial Group................................$3,071,000 ........ 1.5%

1. 2. 3. 4. 5.

Echelon Financial Group................................ 90% Economical Mutual Insurance Company......... 30% Intact Financial Corporation........................... 25% Aviva Canada Group...................................... 22% RSA Canada Group.....................................–48%

1. Lloyd’s Underwriters......................................$16,152,000 ...... 33.1% 2. Northbridge Financial Corporation.................$6,713,000 ...... 13.8% 3. Aviva Canada Group......................................$6,112,000 ...... 12.5% 4. Intact Financial Corporation...........................$5,984,000 ...... 12.3% 5. RSA Canada Group.........................................$2,557,000 ........ 5.2%

1. 2. 3. 4. 5.

Lloyd’s Underwriters.................................... 500% Aviva Canada Group.................................... 252% Northbridge Financial Corporation.................. 61% RSA Canada Group....................................... 30% Chubb Group................................................ 23%

1. RSA Canada Group......................................$11,742,000 ...... 19.0% 2. FM Global - Group..........................................$9,867,000 ...... 16.0% 3. Lloyd’s Underwriters......................................$7,179,000 ...... 11.6% 4. Boiler Inspection and Ins. Co of Canada (The)....$5,703,000 ........ 9.3% 5. Intact Financial Corporation.............................$5,482,000 ........ 8.9%

1. 2. 3. 4. 5.

Lloyd’s Underwriters...................................... 93% AIG Insurance Company of Canada................ 67% RSA Canada Group....................................... 63% Boiler Inspection and Ins. Co of Canada (The)... 35% Intact Financial Corporation........................... 29%

1. Lloyd’s Underwriters....................................$252,134,000 ...... 33.4% 2. Intact Financial Corporation.........................$72,663,000 ........ 9.6% 3. AIG Insurance Company of Canada................$35,573,000 ........ 4.7% 4. Co-operators - Group...................................$35,010,000 ........ 4.6% 5. Chubb Group................................................$34,222,000 ........ 4.5%

1. 2. 3. 4. 5.

XL - Group.................................................. 243% Everest - Group........................................... 235% Axis Reinsurance Co. (Canadian Branch)........100% Arch Insurance Canada Ltd............................ 95% Guarantee Company of North America (The)... 63%

1. Aviva Canada Group....................................$22,826,000 ...... 26.7% 2. Intact Financial Corporation.........................$14,062,000 ...... 16.4% 3. Zurich Insurance Company Ltd......................$8,772,000 ...... 10.3% 4. Liberty Mutual Insurance Company...............$7,590,000 ........ 8.9% 5. Guarantee Company of North America (The).....$6,140,000 ........ 7.2%

1. Liberty Mutual Insurance Company.............. 630% 2. Zurich Insurance Company Ltd..................... 216% 3. Aviva Canada Group.................................... 110% 4. Trisura Guarantee Insurance Company........... 14% 5. Travelers - Group.......................................... 10%

British Columbia’s Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Lloyd’s Underwriters............................ 711,538,000.............. 15.7% 2. Intact Financial Corporation................. 550,580,000.............. 12.1% 3. RSA Canada Group............................. 400,396,000................ 8.8% 4. Aviva Canada Group............................ 311,024,000................ 6.9% 5. Economical Mutual Ins. Company........ 288,988,000................ 6.4% 6. Wawanesa Mutual Ins. Company (The)....255,715,000.................5.6% 7. Co-operators - Group.......................... 194,201,000................ 4.3% 8. CAA - BCAA Insurance Corporation...... 155,012,000................ 3.4% 9. Northbridge Financial Corporation........ 145,021,000................ 3.2% 10. AIG Insurance Company of Canada...... 142,487,000................ 3.1%

10 FASTEST-GROWING COMPANIES

DWP Growth 2013-16* 1. Old Republic Insurance Company of Canada........................ 642% 2. XL - Group......................................................................... 490% 3. DAS Legal Protection Insurance Company Limited................ 423% 4. Everest - Group.................................................................. 306% 5. National Liability & Fire Insurance Company......................... 289% 6. First North American Insurance Company............................. 123% 7. Stewart Title Guaranty Company............................................ 88% 8. Allianz Global Risks US Insurance Company........................... 82% 9. HDI Global SE Canada Branch............................................... 81% 10. Desjardins General Insurance Group Inc................................. 81%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 17

Briefing Note: Alberta SCORECARD 2016

Direct Business Written Premiums........... $8,853,619,000 Y/Y growth..................................... –1.3% Loss ratio 2016 (2015)......... 115.1 (61.7)

THE CANADIAN PRESS/Jonathan Hayward

Line Share

Fallout from the Fort Mac fire will affect insurers through 2018

■ Property........... 37%...... 3,294,626,000 ■ Automobile ....... 47%...... 4,195,062,000 ■ Liability ............ 10%......... 871,560,000 ■ Other................ 6%.......... 492,371,000

ort McMurray’s wildfires forced the largest evacuation in the province’s history, with nearly 88,000 people relocated, and drove 2016 loss ratios into triple digits. And those weren’t the province’s only natural catastrophe losses: from late June until the start of August, a series of prairie storms pushed claims spikes in Alberta’s major cities, as well as smaller communities such as Medicine Hat and Okotoks. Although the Fort McMurray fire represents the costliest disaster in Canadian history, when weighed on the scale of global catastrophic events it wasn’t sufficient to lead to higher reinsurance premiums, according to a DBRS analysis. That’s of little solace STATS GUIDE 2017 IS

to insurers who write business in the province: according to MSA Research Inc., $9.2 billion was claimed for all lines in 2016, up $4.1 billion from the prior year. Larger, more diversified insurers took proportionally smaller hits and, overall, claims impact is proportionate to an insurer’s exposure to Alberta – for instance, Intact’s 17.6% share of direct written premiums corresponds to a gross-losses share of 15.3%. Insurers can expect to cope with the fire’s fallout this year and next. In April, the University of Alberta released preliminary results of a study finding one in five firefighters who fought the Fort McMurray blaze suffers from respiratory problems, and one in

HOT LINES

six has been diagnosed with anxiety or depression. Further, U of A climate scientists are predicting a warm summer that could make the 2017 wildfire season longer, and therefore riskier, than 2016’s. Provincial insurers aren’t sitting still. At an April 2017 conference, Resilience 2017, hosted by the Conference Board of Canada, insurers were among attendees discussing lessons learned and looking at ways future disasters could be prevented – including social media’s role in catastrophe response, the role of the Red Cross and other disaster relief agencies, and ways insurers may want to rethink risk management.

2016’s Fastest-Growing by y/y DWP† PROFESSIONAL LIABILITY

MARINE

+$15,012,000

+53%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 18

Canadian Underwriter

Data and rankings exclude Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 ........................$1,945,786,000 DWP growth (y/y) .............................6.1% Loss ratio 2016 (2015)...........178.5 (49.5)

PROPERTY - COMMERCIAL DWP 2016 ........................$1,348,840,000 DWP growth (y/y) ...........................–9.5% Loss ratio 2016 (2015)...........171.5 (38.7)

AUTO - PRIVATE PASSENGER DWP 2016 ........................$3,320,288,000 DWP growth (y/y) .............................2.9% Loss ratio 2016 (2015).............93.0 (82.3)

AUTO - COMMERCIAL DWP 2016 ...........................$813,035,000 DWP growth (y/y) ...........................–5.1% Loss ratio 2016 (2015).............66.5 (71.9)

BOILER & MACHINERY DWP 2016 .............................$70,353,000 DWP growth (y/y) .........................–18.3% Loss ratio 2016 (2015).............67.2 (71.8)

LIABILITY DWP 2016 ...........................$871,560,000 DWP growth (y/y) .........................–11.6% Loss ratio 2016 (2015).............60.2 (56.4)

SURETY DWP 2016 .............................$85,749,000 DWP growth (y/y) .......................... –4.1% Loss ratio 2016 (2015).............16.2 (15.3)

Market DWP 2016 $ share 1. TD Insurance..............................................$304,144,000 ...... 17.1% 2. Intact Financial Corporation.........................$300,225,000 ...... 16.9% 3. Wawanesa Mutual Insurance Company ....$283,222,000 ...... 16.0% 4. Co-operators - Group.................................$201,917,000 ...... 11.4% 5. RSA Canada Group......................................$95,469,000 ........ 5.4%

DWP Growth 2013-2016 1. Millennium Insurance Corporation.............. 1089% 2. SGI CANADA............................................... 183% 3. Guarantee Company of North America (The).... 113% 4. Omega General Insurance Company............ 111% 5. Mutual Fire Insurance Company of B.C. (The).... 111%

1. Lloyd’s Underwriters..................................$191,190,000 ...... 14.2% 2. Intact Financial Corporation.......................$148,633,000 ...... 11.0% 3. AIG Insurance Company of Canada............$126,226,000 ........ 9.4% 4. Aviva Canada Group....................................$98,193,000 ........ 7.3% 5. Co-operators - Group....................................$90,027,000 ........ 6.7%

1. 2. 3. 4. 5.

SGI CANADA............................................... 163% Northbridge Financial Corporation.................. 89% Mutual Fire Insurance Company of B.C. (The)..... 89% Munich Re Canada........................................ 69% Gore Mutual Insurance Company................... 66%

1. Intact Financial Corporation.........................$706,720,000 ...... 21.5% 2. TD Insurance..............................................$525,657,000 ...... 16.0% 3. Wawanesa Mutual Insurance Company ....$460,120,000 ...... 14.0% 4. Desjardins General Insurance Group Inc.......$287,423,000 ........ 8.8% 5. Aviva Canada Group....................................$265,949,000 ........ 8.1%

1. 2. 3. 4. 5.

Echelon Financial Group.............................. 395% SGI CANADA............................................... 108% Chubb Group................................................ 98% Guarantee Company of North America (The)... 77% Desjardins General Insurance Group Inc......... 53%

1. Intact Financial Corporation.........................$199,557,000 ...... 24.6% 2. Aviva Canada Group......................................$90,201,000 ...... 11.1% 3. Northbridge Financial Corporation..................$89,734,000 ...... 11.1% 4. Wawanesa Mutual Insurance Company (The).....$79,492,000 ........ 9.8% 5. Co-operators - Group....................................$66,467,000 ........ 8.2%

1. 2. 3. 4. 5.

Desjardins General Insurance Group Inc....... 251% Co-operators - Group.................................. 173% Lloyd’s Underwriters...................................... 83% Intact Financial Corporation........................... 39% American Road Insurance Company (The)...... 36%

1. Lloyd’s Underwriters....................................$14,126,000 ...... 20.1% 2. RSA Canada Group.........................................$9,705,000 ...... 13.8% 3. FM Global - Group..........................................$8,092,000 ...... 11.5% 4. AIG Insurance Company of Canada................$5,555,000 ........ 7.9% 5. Aviva Canada Group......................................$5,126,000 ........ 7.3%

1. 2. 3. 4. 5.

Aviva Canada Group...................................... 61% AIG Insurance Company of Canada................ 53% Allianz Global Risks US Insurance Company... 46% Boiler Inspection and Insurance Co of Canada ....... 22% Intact Financial Corporation........................... 11%

1. Lloyd’s Underwriters..................................$217,384,000 ...... 24.9% 2. Intact Financial Corporation.........................$80,798,000 ........ 9.3% 3. AIG Insurance Company of Canada..............$66,671,000 ........ 7.6% 4. Co-operators - Group...................................$55,116,000 ........ 6.3% 5. Chubb Group................................................$54,155,000 ........ 6.2%

1. 2. 3. 4. 5.

XL - Group.................................................. 438% Everest - Group........................................... 161% HDI Global SE Canada Branch...................... 103% Wynward Insurance Group........................... 101% Berkley Insurance Company.......................... 81%

1. Intact Financial Corporation.........................$14,513,000 ...... 16.9% 2. Travelers - Group.........................................$10,780,000 ...... 12.6% 3. Guarantee Company of North America (The).....$9,580,000 ...... 11.2% 4. Zurich Insurance Company Ltd......................$7,506,000 ........ 8.8% 5. Aviva Canada Group......................................$7,198,000 ........ 8.4%

1. 2. 3. 4. 5.

Liberty Mutual Insurance Company................ 62% Travelers - Group.......................................... 55% Aviva Canada Group...................................... 41% Intact Financial Corporation........................... 21% Trisura Guarantee Insurance Company........... 18%

Alberta’s Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Intact Financial Corporation.............. 1,469,216,000.............. 16.7% 2. Wawanesa Mutual Insurance Company.... 916,253,000.............. 10.4% 3. TD Insurance...................................... 842,762,000................ 9.6% 4. Co-operators - Group.......................... 701,099,000................ 8.0% 5. Aviva Canada Group............................ 682,438,000................ 7.8% 6. Lloyd’s Underwriters........................... 474,910,000................ 5.4% 7. RSA Canada Group............................. 455,470,000................ 5.2% 8. Desjardins General Insurance Group Inc...396,256,000................ 4.5% 9. CAA - Alberta Motor Association Insurance Co....285,382,000................ 3.2% 10. Economical Mutual Insurance Company.. 266,630,000................ 3.0%

10 FASTEST-GROWING COMPANIES

DWP Growth 2013-16* 1. XL - Group...................................................................... 1,174% 2. National Liability & Fire Insurance Company......................... 400% 3. Everest - Group.................................................................. 296% 4. Echelon Financial Group...................................................... 159% 5. International Insurance Company of Hannover SE....................... 106% 6. Omega General Insurance Company.................................... 105% 7. SGI CANADA...................................................................... 101% 8. Mutual Fire Insurance Company of B.C.................................. 99% 9. Berkley Insurance Company.................................................. 88% 10. HDI Global SE Canada Branch............................................... 77%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 19

Briefing Note: Saskatchewan SCORECARD 2016

Direct Business

Kevin Doherty’s 2017 budget slaps PST on premiums, but questions remain

Written Premiums........... $1,357,202,000 Y/Y growth....................................... 5.7% Loss ratio 2016 (2015)........... 64.3 (47.5)

THE CANADIAN PRESS/Mark Taylor

Line Share

■ Property........... 63%......... 856,593,000 ■ Automobile ....... 15%......... 198,736,000 ■ Liability ............ 10%......... 142,659,000 ■ Other............... 12%......... 159,214,000

axing times are ahead for Saskatchewan. Downturns in the resource economy dented provincial coffers and led to some new taxes, including the pending application of provincial sales tax to insurance premiums. Insurance Brokers’ Association of Saskatchewan (IBAS) executive director Ernie Gaschler says IBAS and the Insurance Bureau of Canada are working with the provincial finance department to clarify the mechanics of PST implementation and have suggested delaying the start date from July 1 till October to allow the industry to adjust. Right now, he says, there are such outstanding questions as whether financing, underwriting STATS GUIDE 2017 IS

and other fees that are part of a policy’s premium will attract PST. “There are bunch of issues about how the government intends to apply it,” says Gaschler. “From a broker’s perspective, if I’m writing a piece of business in Saskatchewan but it includes a cottage in Clear Lake, Manitoba, is PST applied to the whole policy? There are some things like that which the government either may not have thought through or hasn’t included in its guidelines.” On the natural catastrophe side, the Canadian Wildfire Information System calls for southern Saskatchewan to be at greater risk for wildfires starting in the spring. And there is a significant change coming to provincial flood coverage

HOT LINES

at a time when summer prairie storms (including last year’s Moose Jaw hail event) are on the rise. Government flood coverage has been the norm in Saskatchewan, but private companies are now entering the space. As private coverage is introduced, meetings are taking place with the Provincial Disaster Assistance Program to make sure everyone understands the lay of the land. Industry advocates are encouraging the government to continue responding to flood events as it always has until, as Gaschler says, “the industry has had a chance to inform people about buying it and having proper coverage in as many areas where it applies.”

2016’s Fastest-Growing by y/y DWP† COMMERCIAL PROPERTY

LEGAL EXPENSE

+$24,199,000

+69%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 20

Canadian Underwriter

Data and rankings exclude Sask. Auto Fund, Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Underwriters Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 ...........................$410,101,000 DWP growth (y/y) .............................9.5% Loss ratio 2016 (2015).............59.7 (61.5)

PROPERTY - COMMERCIAL DWP 2016 ...........................$446,492,000 DWP growth (y/y) .............................5.7% Loss ratio 2016 (2015).............70.0 (44.0)

AUTO - PRIVATE PASSENGER DWP 2016 ...........................$111,396,000 DWP growth (y/y) .............................2.4% Loss ratio 2016 (2015).............57.0 (53.7)

AUTO - COMMERCIAL DWP 2016 .............................$87,340,000 DWP growth (y/y) ...........................–1.6% Loss ratio 2016 (2015).............40.2 (43.9)

BOILER & MACHINERY DWP 2016 .............................$25,665,000 DWP growth (y/y) .............................4.0% Loss ratio 2016 (2015)...............9.2 (41.6)

LIABILITY DWP 2016 ...........................$142,659,000 DWP growth (y/y) ...........................–3.2% Loss ratio 2016 (2015).............99.4 (36.9)

SURETY DWP 2016 .............................$16,318,000 DWP growth (y/y) .............................3.3% Loss ratio 2016 (2015)...............0.9 (11.5)

Market DWP 2016 $ share 1. SGI CANADA...............................................$161,135,000 ...... 40.2% 2. Wawanesa Mutual Insurance Company (The).....$97,643,000 ...... 24.4% 3. Co-operators - Group....................................$55,385,000 ...... 13.8% 4. Saskatchewan Mutual Insurance Company....$29,566,000 ........ 7.4% 5. Mennonite Mutual Fire Insurance Company....$16,286,000 ........ 4.1%

DWP Growth 2013-2016 1. Desjardins General Insurance Group Inc......... 53% 2. Wawanesa Mutual Insurance Company (The)..... 48% 3. Co-operators - Group.................................... 43% 4. SGI CANADA................................................. 43% 5. Peace Hills General Insurance Company......... 42%

1. SGI CANADA..............................................$128,934,000 ...... 28.9% 2. Wawanesa Mutual Insurance Company (The)...$39,041,000 ........ 8.7% 3. Northbridge Financial Corporation..................$35,371,000 ........ 7.9% 4. Lloyd’s Underwriters....................................$35,080,000 ........ 7.9% 5. Co-operators - Group...................................$30,593,000 ........ 6.9%

1. 2. 3. 4. 5.

Mutual Fire Insurance Company of B.C. (The)..... 110% HDI Global SE Canada Branch........................ 98% Munich Re Canada........................................ 93% AIG Insurance Company of Canada................ 91% Lloyd’s Underwriters...................................... 73%

1. SGI CANADA.................................................$97,689,000 ...... 87.7% 1. SGI CANADA................................................. 13% 2. Saskatchewan Mutual Insurance Company........$6,340,000 ........ 5.7% 2. Saskatchewan Mutual Insurance Company...... 6% 3. Co-operators - Group......................................$4,777,000 ........ 4.3% 3. Co-operators - Group...................................... 1% 4. CAA - AssurePro Insurance Company Limited.......$1,381,000 ........ 1.2% 5. Portage la Prairie Mutual Insurance Company.......$672,000 ........ 0.6% 1. SGI CANADA.................................................$61,999,000 ...... 71.3% 2. Aviva Canada Group......................................$5,166,000 ........ 5.9% 3. Saskatchewan Mutual Insurance Company...$2,879,000 ........ 3.3% 4. Northbridge Financial Corporation....................$2,791,000 ........ 3.2% 5. Co-operators - Group.....................................$2,728,000 ........ 3.1%

1. 2. 3. 4. 5.

Lloyd’s Underwriters...................................... 65% Intact Financial Corporation........................... 49% Northbridge Financial Corporation.................. 14% Zurich Insurance Company Ltd...................... 14% SGI CANADA................................................... 6%

1. SGI CANADA..................................................$5,580,000 ...... 21.7% 2. FM Global - Group..........................................$4,604,000 ...... 17.9% 3. RSA Canada Group........................................$2,515,000 ........ 9.8% 4. Boiler Inspection and Insurance Co. of Canada ....$2,178,000 ........ 8.5% 5. Wawanesa Mutual Insurance Company ...........$2,163,000 ........ 8.4%

1. 2. 3. 4. 5.

SGI CANADA............................................... 293% Boiler Inspection and Insurance Co. of Canada ...... 16% RSA Canada Group....................................... –2% FM Global - Group....................................... –22% Lloyd’s Underwriters.................................... –23%

1. SGI CANADA................................................$32,920,000 ...... 23.1% 2. Lloyd’s Underwriters....................................$28,790,000 ...... 20.2% 3. Co-operators - Group...................................$12,617,000 ........ 8.8% 4. Aviva Canada Group......................................$9,523,000 ........ 6.7% 5. Northbridge Financial Corporation..................$7,008,000 ........ 4.9%

1. 2. 3. 4. 5.

Munich Re Canada........................................ 63% Co-operators - Group.................................... 54% Lloyd’s Underwriters...................................... 35% Wynward Insurance Group............................. 31% Northbridge Financial Corporation.................. 25%

1. Western Surety Company..............................$4,749,000 ...... 29.1% 1. 2. SGI CANADA..................................................$2,832,000 ...... 17.4% 2. 3. Travelers - Group...........................................$2,105,000 ...... 12.9% 3. 4. Guarantee Company of North America (The).....$1,762,000 ...... 10.8% 4. 5. Intact Financial Corporation...........................$1,709,000 ...... 10.5%

Guarantee Company of North America (The)...... 12% Western Surety Company..............................–3% Travelers - Group..........................................–3% SGI CANADA.................................................–5%

Saskatchewan’s Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. SGI CANADA....................................... 491,495,000.............. 36.2% 2. Wawanesa Mutual Insurance Company..... 143,448,000.............. 10.6% 3. Co-operators - Group.......................... 110,006,000................ 8.1% 4. Lloyd’s Underwriters............................. 72,390,000................ 5.3% 5. Northbridge Financial Corporation.......... 52,213,000................ 3.9% 6. Aviva Canada Group............................. 51,636,000................ 3.8% 7. Saskatchewan Mutual Insurance Company.... 45,346,000................ 3.3% 8. Co-operative Hail Insurance Company Limited... 43,756,000................ 3.2% 9. AIG Insurance Company of Canada........ 29,825,000................ 2.2% 10. RSA Canada Group............................... 20,508,000................ 1.5%

10 FASTEST-GROWING COMPANIES

DWP Growth 2013-16* 1. Trisura Guarantee Insurance Company.................................... 182% 2. Allianz Global Risks US Insurance Company............................ 114% 3. HDI Global SE Canada Branch...................................................97% 4. Mutual Fire Insurance Company of B.C. (The).............................81% 5. Munich Re Canada...................................................................67% 6. Desjardins General Insurance Group Inc.....................................56% 7. Lloyd’s Underwriters..................................................................55% 8. AIG Insurance Company of Canada............................................40% 9. TD Insurance............................................................................38% 10. Millennium Insurance Corporation.............................................38%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 21

Briefing Note: Manitoba SCORECARD 2016

Direct Business Written Premiums.............. $979,659,000 Y/Y growth....................................... 6.0% Loss ratio 2016 (2015)........... 46.9 (78.2)

THE CANADIAN PRESS/John Woods

Line Share

■ Property........... 72%......... 703,572,000 ■ Automobile ....... 10%........... 10,518,000

Brian Pallister’s PC government could bring in more private auto coverage

■ Liability ............ 16%......... 152,484,000 ■ Other............... 11%......... 113,085,000

hile 2016 saw its share of losses spurred by prairie storms in June and July, the industry’s focus in 2017 and 2018 will be on business structure – specifically brokers’ ability to adapt to technology while maintaining the touch customers expect. Insurance consumers still want the personalized aspects of buying insurance, coupled with Web-era convenience, notes Insurance Brokers Association of Manitoba CEO David Schioler. “On the one side, you have the emotional and personal touch part where you get advice from your broker who also provides you with choice and professional service – the smiling face and the good voice, or

STATS GUIDE 2017 IS

the good chatroom as it’s evolving,” he says. “And the other side is the ease of the transaction.” Nearly all companies offer some form of hybrid delivery, combining direct-toconsumer and broker-based interfaces, particularly for personal insurance lines. The technology piece is harder to implement for commercial transactions, since they’re more complex and make the broker’s advice more important. But the changes can be expected to spur growth (both organic and through acquisition), adoption of technology, and the use of financing by companies or banks. Schioler says Manitoba is working to stay ahead of the issue and educate brokers.

HOT LINES

“At some point in the near future, 20% of the brokers will control 80% of the market we’re involved in,” he says. “And those that do grow will have to form the right partnerships. If you don’t grow, you have to really look hard at selling and getting out.” Meanwhile, recent provincial elections mean Manitoba brokers and insurers will be watching for changes to the auto insurance market. Manitoba’s public insurance takes care of basic coverage, but it’s speculated that the province’s first conservative government in 16 years may introduce some competition for extension lines of coverage – although no one’s calling for major upsets.

2016’s Fastest-Growing by y/y DWP† COMMERCIAL PROPERTY

HAIL

+$19,428,000

+53%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 22

Canadian Underwriter

Data and rankings exclude Manitoba Public Ins., Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Underwriters Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 ...........................$400,714,000 DWP growth (y/y) .............................4.7% Loss ratio 2016 (2015).............47.1 (63.9)

PROPERTY - COMMERCIAL DWP 2016 ...........................$302,858,000 DWP growth (y/y) .............................6.9% Loss ratio 2016 (2015)...........69.6 (106.5)

AUTO - PRIVATE PASSENGER DWP 2016 ...............................$1,650,000 DWP growth (y/y) .........................–17.7% Loss ratio 2016 (2015)...............6.6 (23.1)

AUTO - COMMERCIAL DWP 2016 ...............................$8,868,000 DWP growth (y/y) ...........................–5.0% Loss ratio 2016 (2015).............60.6 (44.8)

BOILER & MACHINERY DWP 2016 .............................$17,441,000 DWP growth (y/y) .............................5.8% Loss ratio 2016 (2015).............20.2 (77.8)

LIABILITY DWP 2016 ...........................$152,484,000 DWP growth (y/y) .............................7.4% Loss ratio 2016 (2015)...............7.5 (77.0)

SURETY DWP 2016 .............................$17,285,000 DWP growth (y/y) ........................ –13.8% Loss ratio 2016 (2015)...........36.0 (112.8)

Market DWP 2016 $ share 1. Wawanesa Mutual Insurance Company (The).....$94,424,000 ...... 26.2% 2. Red River Valley Mutual Ins. Company...........$57,124,000 ...... 15.9% 3. Portage la Prairie Mutual Insurance Company .......$51,980,000 ...... 14.4% 4. Intact Financial Corporation.........................$46,733,000 ...... 13.0% 5. Co-operators - Group....................................$29,464,000 ........ 8.2%

DWP Growth 2013-2016 1. Optimum - Group.......................................... 55% 2. MAX Canada Insurance Company.................. 53% 3. Wawanesa Mutual Insurance Company (The). 36% 4. SGI CANADA................................................. 35% 5. Peace Hills General Insurance Company......... 33%

1. Wawanesa Mutual Insurance Company (The)...$31,041,000 ...... 10.2% 2. Lloyd’s Underwriters....................................$30,512,000 ...... 10.1% 3. Red River Valley Mutual Ins. Company...........$26,687,000 ........ 8.8% 4. Aviva Canada Group....................................$24,694,000 ........ 8.2% 5. AIG Insurance Company of Canada................$23,648,000 ........ 7.8%

1. 2. 3. 4. 5.

Allianz Global Risks US Insurance Company..... 277% AIG Insurance Company of Canada.............. 104% Wynward Insurance Group............................. 82% Munich Re Canada........................................ 72% Lloyd’s Underwriters...................................... 68%

1. Saskatchewan Mutual Insurance Company......$1,618,000 ...... 98.1% 1. Saskatchewan Mutual Insurance Company.... 15% 2. Aviva Canada Group...........................................$18,000 ........ 1.1% 3. Northbridge Financial Corporation.......................$12,000 ........ 0.7% 4. Tokio Marine and Nichido Fire Insurance Co. ............$3,000 ........ 0.2% 1. Northbridge Financial Corporation..................$2,283,000 ...... 26.8% 1. Northbridge Financial Corporation.................. 45% 2. Aviva Canada Group......................................$1,227,000 ...... 14.4% 2. Co-operators - Group..................................–91% 3. Lloyd’s Underwriters......................................$1,071,000 ...... 12.6% 4. AIG Insurance Company of Canada...................$664,000 ........ 7.8% 5. RSA Canada Group...........................................$610,000 ........ 7.1% 1. Aviva Canada Group......................................$6,195,000 ...... 35.5% 1. Aviva Canada Group.................................... 184% 2. FM Global - Group..........................................$2,430,000 ...... 13.9% 2. FM Global - Group......................................... 31% 3. Wawanesa Mutual Insurance Company (The)...$2,347,000 ...... 13.5% 3. RSA Canada Group.....................................–84% 4. Lloyd’s Underwriters......................................$1,074,000 ........ 6.2% 5. RSA Canada Group...........................................$872,000 ........ 5.0% 1. Lloyd’s Underwriters....................................$35,556,000 ...... 23.3% 2. Aviva Canada Group....................................$11,314,000 ........ 7.4% 3. Co-operators - Group.....................................$9,686,000 ........ 6.4% 4. Intact Financial Corporation...........................$7,945,000 ........ 5.2% 5. Chubb Group..................................................$6,946,000 ........ 4.6%

1. 2. 3. 4. 5.

Northbridge Financial Corporation.................. 92% Liberty Mutual Insurance Company................ 77% Lloyd’s Underwriters...................................... 57% Co-operators - Group.................................... 54% Red River Valley Mutual Ins. Company............ 50%

1. Intact Financial Corporation...........................$5,034,000 ...... 29.1% 2. Trisura Guarantee Insurance Company..........$2,791,000 ...... 16.1% 3. Guarantee Company of North America (The).....$2,099,000 ...... 12.1% 4. Western Surety Company..............................$2,091,000 ...... 12.1% 5. Aviva Canada Group......................................$1,744,000 ...... 10.1%

1. 2. 3. 4. 5.

Trisura Guarantee Insurance Company........... 57% Intact Financial Corporation........................... 24% Western Surety Company.............................. 24% Guarantee Company of North America (The)...–19% Travelers - Group........................................–46%

Manitoba’s Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Wawanesa Mutual Insurance Company... 132,534,000.............. 13.5% 2. Red River Valley Mutual Ins. Company.... 89,780,000................ 9.2% 3. Aviva Canada Group.............................. 87,126,000................ 8.9% 4. Intact Financial Corporation................... 79,044,000................ 8.1% 5. Lloyd’s Underwriters............................. 77,061,000................ 7.9% 6. Co-operators - Group............................ 66,051,000................ 6.7% 7. Portage la Prairie Mutual Insurance Company ... 56,743,000................ 5.8% 8. AIG Insurance Company of Canada........ 31,227,000................ 3.2% 9. SGI CANADA......................................... 24,850,000................ 2.5% 10. Northbridge Financial Corporation.......... 24,400,000................ 2.5%

10 FASTEST-GROWING COMPANIES DWP Growth 2013-16* 1. Mutual Fire Insurance Company of B.C......................................83% 2. Lloyd’s Underwriters.................................................................71% 3. Trisura Guarantee Insurance Company......................................65% 4. Wynward Insurance Group........................................................58% 5. Co-operative Hail Insurance Company Limited............................53% 6. Ecclesiastical Insurance Office plc.............................................52% 7. AIG Insurance Company of Canada............................................47% 8. SGI CANADA............................................................................45% 9. MAX Canada Insurance Company..............................................44% 10. Liberty Mutual Insurance Company............................................43%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 23

Briefing Note: Ontario SCORECARD 2016

Direct Business Written Premiums......... $23,241,789,000 Y/Y growth....................................... 4.4% Loss ratio 2016 (2015)........... 62.4 (64.5)

THE CANADIAN PRESS/J.P. Moczulski

Line Share

■ Property........... 28%...... 6,516,396,000 ■ Automobile ....... 54%.... 12,631,364,000

Will the Marshall Report help put high auto premiums behind Ontarians?

■ Liability ............ 12%...... 2,646,276,000 ■ Other................ 6%....... 1,447,753,000

ar insurance continues to be the bane of provincial insurers’ existences. Losses eased slightly in 2016, with private-passenger loss ratios dipping below 70%, but thanks only to a fall-off in third-party claims. And, an April 19th report from Ontario’s finance ministry outlines the factors behind continued high premiums, which averaged $1,458 annually in 2016, high accident benefit claims and a trend toward client claims ending up in dispute resolution. Consumer anger over rates will keep brokers busy as clients shop for policy alternatives; the problem will be finding coverage at pleasing rates. Beyond cars, the province was storm central during much of 2016, STATS GUIDE 2017 IS

starting with a late March ice storm that whipsawed Barrie, Newmarket and surrounding environs, followed by a series of heavy rain storms in June and July that culminated in lateSeptember floods in Windsor, LaSalle and Tecumseh. Increased incidents of water damage are on insurers’ radars, since they couple with rising home prices in the province, notes Colin Simpson, CEO of the Insurance Brokers Association of Ontario. For 2017 and beyond, Simpson’s eyes are on managing technology changes to ensure new interfaces align with consumer expectations and the ability of brokers to continue to deliver their value proposition. In general,

HOT LINES

consumers can interact more efficiently with other industries than they can within the insurance industry, although further advances are expected in both personal and commercial lines. “There needs to be one single path into the broker’s office, and then if it splits to support the different company offerings or policy systems that the brokers represent, it does so at that point,” says Simpson. “If we can assist consumers in getting access to the right information from a single point of consumer entry, then brokers can really shine in the value they bring to consumers by way of advocacy, choice and education about what’s actually available.”

2016’s Fastest-Growing by y/y DWP† COMMERCIAL PROPERTY

AIRCRAFT

+$113,380,000

+41%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 24

Canadian Underwriter

Data and rankings exclude Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 ........................$4,379,733,000 DWP growth (y/y) .............................6.2% Loss ratio 2016 (2015).............47.5 (47.3)

PROPERTY - COMMERCIAL DWP 2016 ........................$2,136,663,000 DWP growth (y/y) .............................5.6% Loss ratio 2016 (2015).............57.5 (60.1)

AUTO - PRIVATE PASSENGER DWP 2016 ......................$10,681,858,000 DWP growth (y/y) .............................3.4% Loss ratio 2016 (2015).............69.5 (71.4)

AUTO - COMMERCIAL DWP 2016 ........................$1,894,562,000 DWP growth (y/y) .............................7.1% Loss ratio 2016 (2015).............66.9 (77.3)

BOILER & MACHINERY DWP 2016 ...........................$157,477,000 DWP growth (y/y) ...........................–3.5% Loss ratio 2016 (2015).............38.6 (60.2)

LIABILITY DWP 2016 ........................$2,646,276,000 DWP growth (y/y) .............................3.0% Loss ratio 2016 (2015).............71.3 (73.1)

SURETY DWP 2016 ...........................$223,135,000 DWP growth (y/y) .............................3.9% Loss ratio 2016 (2015)...............11.0 (7.6)

Market DWP 2016 $ share 1. Intact Financial Corporation.........................$623,126,000 ...... 16.4% 2. Desjardins General Insurance Group Inc.......$579,704,000 ...... 15.2% 3. TD Insurance.............................................$507,030,000 ...... 13.3% 4. Co-operators - Group..................................$349,791,000 ........ 9.2% 5. RSA Canada Group.....................................$252,051,000 ........ 6.6%

DWP Growth 2013-2016 1. American Bankers Insurance Company of Florida.. 1,310% 2. First North American Insurance Company..... 165% 3. Omega General Insurance Company.............. 82% 4. Commonwell Mutual Insurance Group (The)... 67% 5. Lloyd’s Underwriters...................................... 66%

1. Intact Financial Corporation.......................$303,543,000 ...... 14.2% 2. Aviva Canada Group....................................$211,610,000 ........ 9.9% 3. Lloyd’s Underwriters....................................$206,573,000 ........ 9.7% 4. Economical Mutual Insurance Company.......$137,107,000 ........ 6.4% 5. Northbridge Financial Corporation................$127,709,000 ........ 6.0%

1. 2. 3. 4. 5.

Everest - Group........................................... 246% Commonwell Mutual Insurance Group (The)... 89% Swiss Re - Group.......................................... 85% SGI CANADA................................................. 84% Optimum - Group.......................................... 70%

1. Desjardins General Insurance Group Inc....$1,847,576,000 ...... 17.9% 2. Intact Financial Corporation......................$1,770,637,000 ...... 17.1% 3. Aviva Canada Group.................................$1,304,194,000 ...... 12.6% 4. TD Insurance...........................................$1,145,056,000 ...... 11.1% 5. Allstate Insurance Company of Canada........$803,275,000 ........ 7.8%

1. 2. 3. 4. 5.

Heartland Farm Mutual Inc............................ 22% Economical Mutual Insurance Company......... 20% Co-operators - Group.................................... 19% Allstate Insurance Company of Canada.......... 18% Trillium Mutual Insurance Co......................... 15%

1. Intact Financial Corporation.........................$391,139,000 ...... 20.7% 2. Aviva Canada Group....................................$283,127,000 ...... 15.0% 3. Economical Mutual Insurance Company.......$194,901,000 ...... 10.3% 4. Northbridge Financial Corporation................$177,732,000 ........ 9.4% 5. Travelers - Group........................................$150,062,000 ........ 7.9%

1. 2. 3. 4. 5.

Lloyd’s Underwriters.................................... 199% Desjardins General Insurance Group Inc....... 175% Guarantee Company of North America......... 120% AIG Insurance Company of Canada................ 85% American Road Insurance Company (The)...... 65%

1. FM Global - Group........................................$25,472,000 ...... 16.2% 2. Intact Financial Corporation...........................$19,111,000 ...... 12.1% 3. Aviva Canada Group......................................$18,452,000 ...... 11.7% 4. RSA Canada Group......................................$17,575,000 ...... 11.2% 5. Boiler Inspection and Insurance Co. of Canada...$11,920,000 ........ 7.6%

1. 2. 3. 4. 5.

Chubb Group................................................ 89% AIG Insurance Company of Canada................ 64% Allianz Global Risks US Insurance Company... 59% Northbridge Financial Corporation.................. 53% FM Global - Group......................................... 44%

1. Lloyd’s Underwriters..................................$468,424,000 ...... 17.7% 2. Intact Financial Corporation.......................$215,925,000 ........ 8.2% 3. Aviva Canada Group..................................$189,271,000 ........ 7.2% 4. Chubb Group..............................................$164,905,000 ........ 6.2% 5. AIG Insurance Company of Canada............$144,038,000 ........ 5.4%

1. 2. 3. 4. 5.

XL - Group.................................................. 374% International Insurance Company of Hannover SE.. 344% Everest - Group........................................... 179% Old Republic Insurance Company of Canada.... 150% Electric Insurance Company......................... 140%

1. Aviva Canada Group....................................$50,230,000 ...... 22.5% 2. Guarantee Company of North America.........$33,944,000 ...... 15.2% 3. Travelers - Group.........................................$31,042,000 ...... 13.9% 4. Zurich Insurance Company Ltd....................$25,185,000 ...... 11.3% 5. Trisura Guarantee Insurance Company........$18,153,000 ........ 8.1%

1. 2. 3. 4. 5.

Liberty Mutual Insurance Company.............. 166% AIG Insurance Company of Canada................ 97% Berkley Insurance Company.......................... 65% Zurich Insurance Company Ltd...................... 43% Trisura Guarantee Insurance Company........... 32%

Ontario’s Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Intact Financial Corporation.............. 3,350,578,000.............. 14.7% 2. Aviva Canada Group......................... 2,581,436,000.............. 11.3% 3. Desjardins General Insurance Group Inc.......2,564,418,000.............. 11.2% 4. TD Insurance................................... 1,712,045,000................ 7.5% 5. Co-operators - Group....................... 1,360,170,000................ 6.0% 6. Economical Mutual Insurance Company....1,232,094,000..................5.4% 7. RSA Canada Group.......................... 1,152,377,000................ 5.1% 8. Allstate Insurance Company of Canada.... 1,063,550,000................ 4.7% 9. Travelers - Group................................ 982,944,000................ 4.3% 10. Lloyd’s Underwriters............................ 801,071,000................ 3.5%

10 FASTEST-GROWING COMPANIES DWP Growth 2013-16* 1. XL - Group............................................................................. 650% 2. DAS Legal Protection Insurance Company Limited................... 647% 3. National Liability & Fire Insurance Company............................ 447% 4. International Insurance Company of Hannover SE.................... 321% 5. Everest - Group..................................................................... 192% 6. First North American Insurance Company............................... 128% 7. Electric Insurance Company................................................... 117% 8. Berkley Insurance Company......................................................94% 9. Omega General Insurance Company..........................................83% 10. Old Republic Insurance Company of Canada..............................78%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 25

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Briefing Note: Quebec SCORECARD 2016 The outcome of Carlos Leitao’s Bill 188 review is crucial to brokers

Direct Business Written Premiums.......... $8,278,263,000 Y/Y growth....................................... 2.6% Loss ratio 2016 (2015)........... 62.4 (59.7)

THE CANADIAN PRESS/Jacques Boissinot

Line Share

■ Property........... 44%...... 3,673,689,000 ■ Automobile ....... 38%...... 3,139,528,000 ■ Liability ............ 11%......... 904,976,000 ■ Other................ 7%.......... 560,070,000

review of provincial legislation aimed at changing financial products distribution in Quebec (Bill 188 - Act Respecting the Distribution of Financial Products and Services) was top of mind in 2016 and will be for the foreseeable future. The bill considers, among other things, electronic distribution of insurance products as online providers emerge there amidst existing regulatory uncertainties. A revised version of the legislation hasn’t yet been introduced, notes Regroupement des cabinets de courtage d’assurance du Québec (RCCAQ) GM Guy Parent. “Since Quebec’s Bill 188 review began, the RCCAQ has defended the necessity of involving a certified STATS GUIDE 2017 IS

representative in all online insurance purchases,” Parent says. “But regardless of how this review turns out, online insurance sales may well become a new distribution channel that will inevitably serve to distort the market.” While consumers may find purchasing and renewing home and auto insurance online convenient, Parent says that if certified representatives aren’t required during transactions, the responsibilities of purchasing insurance will shift entirely to consumer. That will increase underwriting-related dangers post-claim. “Brokers must familiarize themselves with the new regulatory framework in which they will be operating,” he says, “and must seize all opportunities

HOT LINES

to maintain close ties with their clients [and] demonstrate even more clearly the unique advisory advantages they offer.” Last year was also marked by difficulties in attracting the next generation of insurance professionals. Parent cites a recent Coalition Pour la Promotion des Professions en Assurance de Dommages survey that found 2,400 positions will need to be filled in the insurance damages sector by 2018. This worker shortage is happening even as firms consolidate through mergers. “As regards market concentration and labour shortages,” says Parent, “there are no clear signs indicating that these trends will reverse course or even slow down in the coming months.”

2016’s Fastest-Growing by y/y DWP† PROFESSIONAL LIABILITY

LEGAL EXPENSE

+$9,431,000

+19%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 28

Canadian Underwriter

Data and rankings exclude Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 ........................$2,322,193,000 DWP growth (y/y) .............................5.2% Loss ratio 2016 (2015).............58.3 (54.1)

PROPERTY - COMMERCIAL DWP 2016 ........................$1,351,496,000 DWP growth (y/y) .......................... –1.9% Loss ratio 2016 (2015).............59.6 (51.4)

AUTO - PRIVATE PASSENGER DWP 2016 ........................$2,553,930,000 DWP growth (y/y) .............................5.3% Loss ratio 2016 (2015).............72.6 (70.2)

AUTO - COMMERCIAL DWP 2016 ...........................$585,598,000 DWP growth (y/y) .............................3.5% Loss ratio 2016 (2015)..............68.5 (68.8

BOILER & MACHINERY DWP 2016 .............................$81,052,000 DWP growth (y/y) .............................1.5% Loss ratio 2016 (2015).............54.6 (43.9)

LIABILITY DWP 2016 ...........................$904,976,000 DWP growth (y/y) .............................0.1% Loss ratio 2016 (2015).............63.6 (57.9)

SURETY DWP 2016 ...........................$110,556,000 DWP growth (y/y) ........................ –22.8% Loss ratio 2016 (2015).............15.8 (44.1)

Market DWP 2016 $ share 1. Intact Financial Corporation.........................$638,207,000 ...... 28.1% 2. Desjardins General Insurance Group Inc.......$601,846,000 ...... 26.5% 3. Capitale assurances générales inc. (La).......$286,169,000 ...... 12.6% 4. Industrial Alliance Auto and Home Insurance Inc.... $114,892,000 ........ 5.1% 5. Aviva Canada Group..................................$113,975,000 ........ 5.0%

DWP Growth 2013-2016 1. First North American Insurance Company..... 230% 2. Co-operators - Group.................................... 80% 3. Petline Insurance Company........................... 73% 4. Industrial Alliance Auto and Home Insurance Inc. 35% 5. Lloyd’s Underwriters...................................... 26%

1. Intact Financial Corporation.........................$347,317,000 ...... 25.7% 2. Lloyd’s Underwriters..................................$114,538,000 ........ 8.5% 3. Desjardins General Insurance Group Inc.........$95,732,000 ........ 7.1% 4. RSA Canada Group.......................................$88,618,000 ........ 6.6% 5. Northbridge Financial Corporation..................$88,281,000 ........ 6.5%

1. 2. 3. 4. 5.

Everest - Group........................................... 368% HDI Global SE Canada Branch...................... 191% Tokio Marine and Nichido Fire Insurance Co...... 165% Allianz Global Risks US Insurance Company... 78% Continental Casualty Company....................... 65%

1. Intact Financial Corporation.........................$766,065,000 ...... 31.1% 2. Desjardins General Insurance Group Inc.......$608,053,000 ...... 24.7% 3. Capitale assurances générales inc. (La).......$364,230,000 ...... 14.8% 4. Industrial Alliance Auto and Home Insurance Inc....$149,468,000 ........ 6.1% 5. SSQ Insurance Company Inc.......................$121,805,000 ........ 4.9%

1. 2. 3. 4. 5.

Echelon Financial Group.............................. 171% Lloyd’s Underwriters...................................... 99% Co-operators - Group.................................... 51% Guarantee Company of North America........... 49% Optimum - Group.......................................... 48%

1. Intact Financial Corporation.........................$224,465,000 ...... 39.3% 2. Northbridge Financial Corporation..................$77,632,000 ...... 13.6% 3. Aviva Canada Group......................................$76,891,000 ...... 13.5% 4. Capitale assurances générales inc. (La).........$50,647,000 ........ 8.9% 5. Economical Mutual Insurance Company......$29,116,000 ........ 5.1% 1. RSA Canada Group.....................................$104,482,000 ...... 59.3% 2. FM Global - Group........................................$15,503,000 ........ 8.8% 3. Intact Financial Corporation.........................$13,536,000 ........ 7.7% 4. Lloyd’s Underwriters......................................$8,381,000 ........ 4.8% 5. Boiler Inspection and Insurance Co. of Canada ...$6,446,000 ........ 3.7%

1. 2. 3. 4. 5.

Co-operators - Group.................................. 134% Economical Mutual Insurance Company......... 88% Northbridge Financial Corporation.................. 74% AIG Insurance Company of Canada................ 54% Travelers - Group.......................................... 48%

1. 2. 3. 4. 5.

RSA Canada Group..................................... 713% Lloyd’s Underwriters.................................... 191% AIG Insurance Company of Canada.............. 128% Northbridge Financial Corporation.................. 81% FM Global - Group......................................... 29%

1. Lloyd’s Underwriters....................................$190,344,000 ...... 21.0% 2. Intact Financial Corporation.........................$151,636,000 ...... 16.8% 3. AIG Insurance Company of Canada..............$61,462,000 ........ 6.8% 4. Chubb Group................................................$55,777,000 ........ 6.2% 5. Northbridge Financial Corporation..................$51,860,000 ........ 5.7% 1. Intact Financial Corporation.........................$55,126,000 ...... 49.9% 2. Guarantee Company of North America ..........$9,799,000 ........ 8.9% 3. Capitale assurances générales inc. (La).........$8,593,000 ........ 7.8% 4. Travelers - Group...........................................$7,079,000 ........ 6.4% 5. Aviva Canada Group......................................$6,041,000 ........ 5.5%

1. XL - Group.................................................. 285% 2. Everest - Group........................................... 272% 3. Guarantee Company of North America ........ 211% 4. International Insurance Company of Hannover SE...195% 5. Arch Insurance Canada Ltd.......................... 140% 1. 2. 3. 4. 5.

Aviva Canada Group.................................... 195% Liberty Mutual Insurance Company................ 94% Chubb Group................................................ 62% Trisura Guarantee Insurance Company........... 12% Travelers - Group........................................–13%

Quebec’s Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Intact Financial Corporation.............. 2,211,202,000.............. 27.1% 2. Desjardins General Insurance Group Inc.. 1,363,819,000.............. 16.7% 3. Capitale assurances générales inc......... 798,521,000................ 9.8% 4. Aviva Canada Group............................ 433,164,000................ 5.3% 5. Lloyd’s Underwriters........................... 395,672,000................ 4.8% 6. RSA Canada Group............................. 325,113,000................ 4.0% 7. Industrial Alliance Auto and Home Insurance Inc....271,466,000................ 3.3% 8. Northbridge Financial Corporation........ 246,224,000................ 3.0% 9. SSQ Insurance Company Inc................ 227,033,000................ 2.8% 10. TD Insurance...................................... 183,750,000................ 2.3%

10 FASTEST-GROWING COMPANIES DWP Growth 2013-16* 1. XL - Group............................................................................. 463% 2. International Insurance Company of Hannover SE.................... 351% 3. Everest - Group..................................................................... 314% 4. First North American Insurance Company............................... 230% 5. Wynward Insurance Group..................................................... 126% 6. HDI Global SE Canada Branch................................................ 124% 7. Tokio Marine and Nichido Fire Insurance Company, Limited..... 114% 8. National Liability & Fire Insurance Company............................ 100% 9. Petline Insurance Company.......................................................73% 10. Co-operators - Group................................................................68%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 29

Briefing Note: New Brunswick SCORECARD 2016 New coverage continues to roll out three years post-Tropical Storm Arthur

Direct Business Written Premiums.......... $1,017,157,000 Y/Y growth....................................... 4.6% Loss ratio 2016 (2015)........... 72.7 (77.1)

THE CANADIAN PRESS/Catherine Tutton

Line Share

■ Property........... 34%......... 344,605,000 ■ Automobile ....... 48%......... 487,576,000 ■ Liability ............ 13%......... 128,484,000 ■ Other................ 5%............ 56,492,000

emories are long in the Atlantic provinces and New Brunswick still keenly recalls the $12.6 million in damages caused by tropical storm Arthur in July 2014. Blackouts from high winds and heavy rain were far-reaching and lengthy. While the majority of businesses and homeowners were adequately covered under standard multi-peril and fire policies, the storm’s severity spurred the province to step in with financial assistance to cover structural damage and repairs. In response, new coverage continues to roll out, notes Andrew McNair, CEO of the Insurance Brokers Association of New Brunswick (IBANB). “The pros are STATS GUIDE 2017 IS

that consumers now have better options and coverage for possible overland water events,” he says. “However, it remains to be seen how this may affect consumers if, or when, they are not covered and whether or not government programs will step in.” Government action will hinge on such questions as whether a product was available in the consumer’s area, whether it was affordable, and if there are other programs that can step up to cover losses. McNair adds brokers will be responsible for learning the nuances of the various products, and should expect to be asked if available products were offered to consumers. “All questions that have

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potential E&O repercussions,” he adds. As in many provinces, New Brunswick brokers are adapting to technology changes demanded by the new breed of insurance consumers, with many improving their websites and some offering consumer apps. McNair notes that IBANB is awaiting the final product of its continued work with the provincial regulator on changes to regulations pertaining to licensing for brokers and agents. “We are being told that it now sits with government to introduce the proposed changes to Legislature for final approval,” he says, “and we’re optimistic that this will happen sooner, rather than later.”

2016’s Fastest-Growing by y/y DWP† COMMERCIAL PROPERTY

EQUIPMENT WARRANTY

+$5,854,000

+65%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 30

Canadian Underwriter

Data and rankings exclude Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 ...........................$220,869,000 DWP growth (y/y) .............................5.8% Loss ratio 2016 (2015)..............62.7 (71.7

PROPERTY - COMMERCIAL DWP 2016 ...........................$123,736,000 DWP growth (y/y) .............................5.0% Loss ratio 2016 (2015).............57.9 (72.6)

AUTO - PRIVATE PASSENGER DWP 2016 ...........................$375,660,000 DWP growth (y/y) .............................5.2% Loss ratio 2016 (2015).............92.4 (90.9)

AUTO - COMMERCIAL DWP 2016 .............................$92,306,000 DWP growth (y/y) .............................6.6% Loss ratio 2016 (2015)..............61.6 70.4)

BOILER & MACHINERY DWP 2016 ...............................$7,336,000 DWP growth (y/y) ...........................–5.1% Loss ratio 2016 (2015).........$68.2 (111.4)

LIABILITY DWP 2016 ...........................$128,484,000 DWP growth (y/y) .............................2.7% Loss ratio 2016 (2015)...........71.8 (780.3)

SURETY DWP 2016 ...............................$7,943,000 DWP growth (y/y) .......................... –5.6% Loss ratio 2016 (2015)..............11.1 (7.67

Market DWP 2016 $ share DWP Growth 2013-2016 1. Intact Financial Corporation...........................$32,117,000 ...... 16.5% 1. Northbridge Financial Corporation.................. 45% 2. Wawanesa Mutual Insurance Company..........$30,048,000 ...... 15.4% 2. Economical Mutual Insurance Company......... 39% 3. Desjardins General Insurance Group Inc.........$21,656,000 ...... 11.1% 3. Allstate Insurance Company of Canada.......... 36% 4. RSA Canada Group.......................................$19,959,000 ...... 10.2% 4. TD Insurance................................................ 26% 5. Co-operators - Group....................................$19,494,000 ...... 10.0% 5. Co-operators - Group.................................... 26% 1. Lloyd’s Underwriters......................................$18,359,000 ...... 14.8% 1. Wynward Insurance Group........................... 125% 2. Aviva Canada Group....................................$12,103,000 ........ 9.8% 2. Munich Re Canada...................................... 113% 3. Co-operators - Group....................................$11,037,000 ........ 8.9% 3. Northbridge Financial Corporation.................. 83% 4. Intact Financial Corporation...........................$8,818,000 ........ 7.1% 4. Continental Casualty Company....................... 73% 5. FM Global - Group..........................................$8,740,000 ........ 7.1% 5. Allianz Global Risks US Insurance Company... 71% 1. Wawanesa Mutual Insurance Company..........$62,818,000 ...... 17.0% 1. Northbridge Financial Corporation.................. 41% 2. TD Insurance................................................$43,019,000 ...... 11.6% 2. Echelon Financial Group................................ 28% 3. Desjardins General Insurance Group Inc......$42,607,000 ...... 11.5% 3. TD Insurance................................................ 26% 4. Aviva Canada Group......................................$39,769,000 ...... 10.8% 4. Economical Mutual Insurance Company......... 23% 5. Allstate Insurance Company of Canada..........$39,752,000 ...... 10.8% 5. Allstate Insurance Company of Canada.......... 13% 1. Aviva Canada Group......................................$16,115,000 ...... 17.5% 1. Travelers - Group.......................................... 52% 2. Economical Mutual Insurance Company.........$10,962,000 ...... 11.9% 2. Co-operators - Group.................................... 27% 3. Northbridge Financial Corporation..................$10,354,000 ...... 11.3% 3. Northbridge Financial Corporation.................. 23% 4. Wawanesa Mutual Insurance Company.........$7,905,000 ........ 8.6% 4. Allstate Insurance Company of Canada.......... 19% 5. Co-operators - Group......................................$7,439,000 ........ 8.1% 5. Wawanesa Mutual Insurance Company.......... 14% 1. FM Global - Group..........................................$3,081,000 ...... 42.0% 1. FM Global - Group........................................... 9% 2. Aviva Canada Group.........................................$605,000 ........ 8.2% 3. Boiler Inspection and Insurance Co. of Canada.....$571,000 ........ 7.8% 4. RSA Canada Group...........................................$484,000 ........ 6.6% 5. Lloyd’s Underwriters.........................................$404,000 ........ 5.5% 1. Liberty Mutual Insurance Company.............$54,386,000 ...... 42.3% 1. Liberty Mutual Insurance Company.............. 281% 2. Lloyd’s Underwriters....................................$17,013,000 ...... 13.2% 2. Travelers - Group.......................................... 48% 3. Co-operators - Group.....................................$6,400,000 ........ 5.0% 3. Guarantee Company of North America (The)... 40% 4. Aviva Canada Group......................................$6,340,000 ........ 4.9% 4. Munich Re Canada........................................ 38% 5. Economical Mutual Insurance Company...........$4,623,000 ........ 3.6% 5. Northbridge Financial Corporation.................. 29% 1. Guarantee Company of North America ..........$1,804,000 ...... 22.7% 1. Guarantee Company of North America (The)... 23% 2. Intact Financial Corporation...........................$1,335,000 ...... 16.8% 2. Aviva Canada Group...................................... 22% 3. Aviva Canada Group......................................$1,288,000 ...... 16.2% 3. Trisura Guarantee Insurance Company.........–26% 4. Western Surety Company..............................$1,085,000 ...... 13.7% 5. Trisura Guarantee Insurance Company.............$742,000 ........ 9.3%

New Brunswick Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Wawanesa Mutual Insurance Company.... 108,087,000.............. 10.7% 2. Aviva Canada Group............................ 103,240,000.............. 10.2% 3. Intact Financial Corporation................... 96,144,000................ 9.5% 4. Co-operators - Group............................ 73,176,000................ 7.3% 5. Economical Mutual Insurance Company.... 70,179,000................ 7.0% 6. Desjardins General Insurance Group Inc..... 69,151,000................ 6.9% 7. RSA Canada Group............................... 66,766,000................ 6.6% 8. TD Insurance........................................ 65,307,000................ 6.5% 9. Allstate Insurance Company of Canada... 61,157,000................ 6.1% 10. Liberty Mutual Insurance Company....... 56,718,000................ 5.6%

10 FASTEST-GROWING COMPANIES DWP Growth 2013-16* 1. Liberty Mutual Insurance Company......................................... 247% 2. Guarantee Company of North America (The)........................... 120% 3. Wynward Insurance Group........................................................71% 4. Munich Re Canada...................................................................63% 5. Northbridge Financial Corporation..............................................42% 6. Ecclesiastical Insurance Office plc.............................................40% 7. Allianz Global Risks US Insurance Company...............................36% 8. TD Insurance............................................................................30% 9. Lloyd’s Underwriters.................................................................27% 10. Co-operators - Group................................................................18%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 31

Briefing Note: Nova Scotia SCORECARD 2016

Direct Business Written Premiums........... $1,229,588,000 Y/Y growth....................................... 6.1% Loss ratio 2016 (2015)........... 71.0 (80.3)

THE CANADIAN PRESS/Vaughan Merchant

Line Share

■ Property........... 38%......... 468,005,000 ■ Automobile ....... 46%......... 570,035,000

Washed-out road in Sydney after Thanksgiving 2016 flooding

■ Liability ............. 9%.......... 104,181,000 ■ Other................ 7%............ 87,367,000

ater continues to drive most property losses in the province, says Karen Slaunwhite, Executive Director of the Insurance Brokers Association of Nova Scotia and Insurance Brokers Association of Newfoundland. “The Cape Breton Floods from 2016 Thanksgiving weekend demonstrate the severity of storms,” she says. “Yet it is not only severity but also frequency – more events are occurring each year with different parts of the province being hit by major storms.” Nova Scotia brokers will also be watching the pricing impact of 2010 adjustments to the cap on the amount of general damages recovered for minor

STATS GUIDE 2017 IS

injuries sustained in motor vehicle accidents. Since the cap is reviewed annually to account for changes in the Consumer Price Index, there may be some shifts in coming years. Further, Slaunwhite says, technological changes will continue to alter how consumers and brokers communicate, and that will force shifts in some long-established business practices. “Customers’ desire to interact differently with their insurance provider is keeping brokers on their toes,” she says. “Brokers need to keep abreast of technology developments and incorporate technology to communicate with clients and in terms of efficiencies which can

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be gained in their brokerages.” Costs related to those changes may spur some brokers to leave the industry. Indeed, one insurance actuary in Nova Scotia who spoke to Canadian Underwriter under the condition of anonymity notes an uptick of in mergers and acquisitions as midsized brokers in the province look to grow their businesses and smaller ones look to sell – either due to retirement or because they can’t afford to invest in the people and systems necessary to compete in a higher-tech marketplace. “We’re expecting that kind of activity in 2017,” he says, “and think it will continue for the next few years.”

2016’s Fastest-Growing by y/y DWP† MARINE

MARINE

+$8,810,000

+45%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 32

Canadian Underwriter

Data and rankings exclude Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 ...........................$318,309,000 DWP growth (y/y) .............................6.5% Loss ratio 2016 (2015).............72.8 (82.8)

PROPERTY - COMMERCIAL DWP 2016 ...........................$149,696,000 DWP growth (y/y) .............................5.3% Loss ratio 2016 (2015)...........55.5 (110.6)

AUTO - PRIVATE PASSENGER DWP 2016 ...........................$466,359,000 DWP growth (y/y) .............................6.6% Loss ratio 2016 (2015).............90.8 (90.4)

AUTO - COMMERCIAL DWP 2016 .............................$84,677,000 DWP growth (y/y) .............................1.1% Loss ratio 2016 (2015).............54.4 (70.5)

BOILER & MACHINERY DWP 2016 ...............................$8,142,000 DWP growth (y/y) .........................–13.3% Loss ratio 2016 (2015).............64.7 (30.9)

LIABILITY DWP 2016 ...........................$104,181,000 DWP growth (y/y) .............................4.2% Loss ratio 2016 (2015).............43.5 (34.2)

SURETY DWP 2016 ...............................$8,963,000 DWP growth (y/y) ........................ –12.5% Loss ratio 2016 (2015)............... (2.5) (9.0)

Market DWP 2016 $ share DWP Growth 2013-2016 1. Intact Financial Corporation.........................$58,218,000 ...... 21.1% 1. Allstate Insurance Company of Canada.......... 62% 2. RSA Canada Group.......................................$43,212,000 ...... 15.7% 2. Kings Mutual Insurance Company (The).......... 42% 3. TD Insurance................................................$32,496,000 ...... 11.8% 3. TD Insurance................................................ 41% 4 Co-operators - Group...................................$22,468,000 ........ 8.2% 4. Petline Insurance Company........................... 31% 5. Wawanesa Mutual Insurance Company.......$20,431,000 ........ 7.4% 5. Desjardins General Insurance Group Inc......... 26% 1. Intact Financial Corporation...........................$21,510,000 ...... 14.4% 1. Lloyd’s Underwriters.................................... 120% 2. Lloyd’s Underwriters....................................$19,446,000 ...... 13.0% 2. Wynward Insurance Group........................... 111% 3. RSA Canada Group......................................$14,147,000 ........ 9.5% 3. Munich Re Canada...................................... 103% 4. Aviva Canada Group......................................$13,819,000 ........ 9.2% 4. Ecclesiastical Insurance Office plc.................. 53% 5. Co-operators - Group...................................$13,638,000 ........ 9.1% 5. AIG Insurance Company of Canada................ 42% 1. Intact Financial Corporation...........................$82,378,000 ...... 17.9% 1. TD Insurance................................................ 45% 2. TD Insurance...............................................$69,559,000 ...... 15.1% 2. Allstate Insurance Company of Canada.......... 34% 3. Aviva Canada Group......................................$61,287,000 ...... 13.3% 3. Co-operators - Group.................................... 12% 4. RSA Canada Group.......................................$49,358,000 ...... 10.7% 4. Economical Mutual Insurance Company......... 12% 5. Wawanesa Mutual Insurance Company.......$42,508,000 ........ 9.3% 5. Intact Financial Corporation........................... 11% 1. Aviva Canada Group......................................$16,483,000 ...... 19.6% 1. Echelon Financial Group................................ 38% 2. Intact Financial Corporation.............................$9,818,000 ...... 11.7% 2. AIG Insurance Company of Canada................ 31% 3. RSA Canada Group.........................................$8,911,000 ...... 10.6% 3. Intact Financial Corporation........................... 26% 4. Northbridge Financial Corporation....................$8,180,000 ........ 9.7% 4. Co-operators - Group.................................... 19% 5. Co-operators - Group......................................$7,732,000 ........ 9.2% 5. Travelers - Group.......................................... 12% 1. RSA Canada Group........................................$2,053,000 ...... 25.2% 1. RSA Canada Group.....................................–10% 2. Intact Financial Corporation...........................$1,002,000 ...... 12.3% 2. FM Global - Group.......................................–31% 3. Aviva Canada Group.........................................$880,000 ...... 10.8% 4. FM Global - Group.............................................$819,000 ...... 10.1% 5. Boiler Inspection and Insurance Co of Canada.....$603,000 ........ 7.4% 1. Lloyd’s Underwriters....................................$19,827,000 ...... 19.0% 1. Ecclesiastical Insurance Office plc.................. 51% 2. Aviva Canada Group....................................$11,320,000 ...... 10.9% 2. Aviva Canada Group...................................... 33% 3. Intact Financial Corporation...........................$9,224,000 ........ 8.9% 3. Kings Mutual Insurance Company (The).......... 27% 4. RSA Canada Group........................................$8,059,000 ........ 7.7% 4. Travelers - Group.......................................... 25% 5. Co-operators - Group......................................$7,612,000 ........ 7.3% 5. Trisura Guarantee Insurance Company........... 19% 1. Travelers - Group...........................................$1,978,000 ...... 22.1% 1. Travelers - Group.......................................... 78% 2. Guarantee Company of North America ..........$1,949,000 ...... 21.7% 2. Aviva Canada Group...................................... 57% 3. Aviva Canada Group......................................$1,646,000 ...... 18.4% 3. Guarantee Company of North America (The)...–8% 4. Intact Financial Corporation..............................$860,000 ........ 9.6% 4. AIG Insurance Company of Canada............–100% 5. Western Surety Company.................................$770,000 ........ 8.6%

Nova Scotia’s Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Intact Financial Corporation................. 188,010,000.............. 15.4% 2. Aviva Canada Group............................ 148,139,000.............. 12.2% 3. RSA Canada Group............................. 138,753,000.............. 11.4% 4. TD Insurance...................................... 106,569,000................ 8.7% 5. Co-operators - Group............................ 82,492,000................ 6.8% 6. Wawanesa Mutual Insurance Company.....74,550,000................ 6.1% 7. Economical Mutual Insurance Company....61,939,000................ 5.1% 8. Lloyd’s Underwriters............................. 49,906,000................ 4.1% 9. Travelers - Group.................................. 48,920,000................ 4.0% 10 Allstate Insurance Company of Canada... 47,203,000................ 3.9%

10 FASTEST-GROWING COMPANIES DWP Growth 2013-16* 1. Ecclesiastical Insurance Office plc.............................................53% 2. Wynward Insurance Group........................................................51% 3. Great American Insurance Company..........................................48% 4. TD Insurance............................................................................47% 5. Continental Casualty Company..................................................47% 6. Liberty Mutual Insurance Company............................................46% 7. Lloyd’s Underwriters.................................................................45% 8. Allstate Insurance Company of Canada......................................43% 9. Trisura Guarantee Insurance Company......................................41% 10. Kings Mutual Insurance Company (The).....................................40%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 33

Briefing Note: Prince Edward Island SCORECARD 2016 Climate change portends less idyllic times for Green Gables

Direct Business Written Premiums.............. $183,327,000 Y/Y growth....................................... 7.5% Loss ratio 2016 (2015)........... 54.3 (73.8)

THE CANADIAN PRESS/Andrew Vaughan

Line Share

■ Property........... 36%........... 66,874,000 ■ Automobile ....... 49%........... 89,870,000 ■ Liability ............ 10%........... 17,909,000 ■ Other................ 5%.............. 8,674,000

he Island and its fellow Atlantic provinces may get a break from hurricane damage in 2017. Computer models that track weather events are showing a bias towards this year’s El Niño events taking place in the fall, a phenomenon that generally reduces hurricane frequency. That’s good news for PEI, which is still coping with residual fallout from Hurricane Matthew last October, which prompted the filing of more than 5,000 claims in the four Atlantic provinces. But the long-term storm outlook is a bigger worry, according to an Insurance Bureau of Canada-commissioned research report that calls for increases in hail and other storm-related events. STATS GUIDE 2017 IS

“Atlantic Canada in particular will see more intense precipitation and more frequent hurricanes and winter storms by 2050,” the report says. Meanwhile, an issues paper, Natural Catastrophes and Personal Property Insurance, from the Canadian Council of Insurance Regulators, notes development of new catastrophe models for wind- and icerelated weather events (including hail) provides insurers and reinsurers with more targeted data they can use to develop peril pricing for the majority of personal property coverage lines. It further advises insurers to work with local governments to advocate for building code changes aimed at improving building resistance and

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reducing future losses. The report also references recent work by the Institute for Catastrophic Loss Reduction on the impact of climate change on insurance, particularly increases in losses related to extreme winds and overland water. The increased frequency and severity of flooding have prompted several insurers to either develop new products or enhance existing ones in part to, says the report, “[avoid] reputational risks associated with a significant number of policyholders having limited coverage, or unexplainable differences in the settlement of claims between affected neighbours with similar coverage from different companies.”

2016’s Fastest-Growing by y/y DWP† COMMERCIAL PROPERTY

EXCESS LIABILITY

+$4,388,000

+952%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 34

Canadian Underwriter

Data and rankings exclude Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 .............................$33,129,000 DWP growth (y/y) .............................8.2% Loss ratio 2016 (2015).............48.2 (74.7)

PROPERTY - COMMERCIAL DWP 2016 .............................$33,745,000 DWP growth (y/y) ...........................14.9% Loss ratio 2016 (2015).............23.9 (48.9)

AUTO - PRIVATE PASSENGER DWP 2016 ...........................$$70,733,000 DWP growth (y/y) .............................5.1% Loss ratio 2016 (2015).............74.7 (80.1)

AUTO - COMMERCIAL DWP 2016 .............................$14,103,000 DWP growth (y/y) .............................6.5% Loss ratio 2016 (2015).........100.7 (102.5)

BOILER & MACHINERY DWP 2016 ...............................$1,471,000 DWP growth (y/y) ...........................–4.4% Loss ratio 2016 (2015)...........41.2 (120.0)

LIABILITY DWP 2016 .............................$17,909,000 DWP growth (y/y) .............................3.0% Loss ratio 2016 (2015).............20.0 (88.3)

SURETY DWP 2016 ..................................$600,000 DWP growth (y/y) .............................2.4% Loss ratio 2016 (2015)...............22.3 (3.3)

Market DWP 2016 $ share DWP Growth 2013-2016 1. Prince Edward Island Mutual Insurance Co.....$11,652,000 ...... 38.6% 1. TD Insurance................................................ 35% 2. Co-operators - Group......................................$4,454,000 ...... 14.7% 2. Prince Edward Island Mutual Insurance Co..... 32% 3. Travelers - Group...........................................$3,688,000 ...... 12.2% 3. Co-operators - Group.................................... 24% 4. RSA Canada Group.........................................$1,669,000 ........ 5.5% 4. RSA Canada Group....................................... 15% 5. TD Insurance.................................................$1,427,000 ........ 4.7% 5. Travelers - Group............................................ 8% 1. Prince Edward Island Mutual Insurance Co....$8,114,000 ...... 24.0% 1. Lloyd’s Underwriters...................................... 94% 2. Lloyd’s Underwriters......................................$3,609,000 ...... 10.7% 2. Aviva Canada Group...................................... 50% 3. Co-operators - Group.....................................$3,432,000 ...... 10.2% 3. Northbridge Financial Corporation.................. 42% 4. Aviva Canada Group........................................$2,294,000 ........ 6.8% 4. Co-operators - Group.................................... 29% 5. Intact Financial Corporation...........................$2,174,000 ........ 6.4% 5. Prince Edward Island Mutual Insurance Co..... 19% 1. TD Insurance..................................................$9,737,000 ...... 14.1% 1. TD Insurance................................................ 70% 2. Co-operators - Group......................................$9,599,000 ...... 13.9% 2. Co-operators - Group.................................... 18% 3. Aviva Canada Group........................................$9,357,000 ...... 13.6% 3. Wawanesa Mutual Insurance Company (The). 14% 4. Wawanesa Mutual Insurance Company (The)...$8,677,000 ...... 12.6% 4. Economical Mutual Insurance Company......... 10% 5. Travelers - Group...........................................$8,275,000 ...... 12.0% 5. Echelon Financial Group.................................. 9% 1. Aviva Canada Group......................................$2,602,000 ...... 18.5% 1. Co-operators - Group.................................... 27% 2 Co-operators - Group.....................................$1,984,000 ...... 14.1% 2. Northbridge Financial Corporation.................. 26% 3. Northbridge Financial Corporation..................$1,810,000 ...... 12.9% 3. Aviva Canada Group...................................... 20% 4. Travelers - Group...........................................$1,722,000 ...... 12.3% 4. Economical Mutual Insurance Company........... 6% 5. Economical Mutual Insurance Company........$1,515,000 ...... 10.8% 5. Travelers - Group........................................ –10% 1. RSA Canada Group...........................................$342,000 ...... 23.2% 2. FM Global - Group.............................................$286,000 ...... 19.4% 3. Aviva Canada Group.........................................$156,000 ...... 10.6% 4. Intact Financial Corporation..............................$123,000 ........ 8.4% 5. Travelers - Group..............................................$122,000 ........ 8.3% 1. Lloyd’s Underwriters......................................$3,483,000 ...... 19.4% 1. Lloyd’s Underwriters...................................... 90% 2. Prince Edward Island Mutual Insurance Co....$2,999,000 ...... 16.7% 2. Co-operators - Group.................................... 24% 3. Co-operators - Group.....................................$1,935,000 ...... 10.8% 3. Northbridge Financial Corporation.................. 17% 4. Aviva Canada Group......................................$1,680,000 ........ 9.4% 4. Aviva Canada Group...................................... 13% 5. Northbridge Financial Corporation..................$1,275,000 ........ 7.1% 5. Prince Edward Island Mutual Insurance Co....... 1% 1. Guarantee Company of North America (The).....$225,000 ...... 37.5% 2. Trisura Guarantee Insurance Company.............$126,000 ...... 21.0% 3. Aviva Canada Group...........................................$61,000 ...... 10.2% 4. Western Surety Company.....................................$52,000 ........ 8.7% 5. Intact Financial Corporation................................$41,000 ........ 6.8%

Prince Edward Island’s Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Co-operators - Group............................ 22,905,000.............. 12.6% 2. Prince Edward Island Mutual Insurance Co.... 22,765,000.............. 12.6% 3. Aviva Canada Group.............................. 19,701,000.............. 10.9% 4. Travelers - Group.................................. 16,784,000................ 9.3% 5. Wawanesa Mutual Insurance Company..... 11,733,000................ 6.5% 6. Echelon Financial Group........................ 11,663,000................ 6.4% 7. TD Insurance........................................ 11,320,000................ 6.2% 8. Intact Financial Corporation..................... 8,756,000................ 4.8% 9. RSA Canada Group................................. 8,324,000................ 4.6% 10. Lloyd’s Underwriters............................... 8,268,000................ 4.6%

10 FASTEST-GROWING COMPANIES

DWP Growth 2013-16* 1. Lloyd’s Underwriters............................................................. 97% 2. AIG Insurance Company of Canada........................................ 84% 3. TD Insurance........................................................................ 60% 4. Northbridge Financial Corporation.......................................... 30% 5. Co-operators - Group............................................................ 23% 6. Prince Edward Island Mutual Insurance Co............................. 23% 7. Wawanesa Mutual Insurance Company (The)......................... 13% 8. Desjardins General Insurance Group Inc................................... 9% 9. Echelon Financial Group.......................................................... 6% 10. Economical Mutual Insurance Company................................... 6%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 35

Briefing Note: Newfoundland & Labrador SCORECARD 2016

Direct Business Written Premiums............. $814,901,000 Y/Y growth....................................... 3.8% Loss ratio 2016 (2015)........... 72.7 (73.7)

THE CANADIAN PRESS/Jonathan Hayward

Line Share

■ Property........... 34%......... 275,347,000

Newfoundland motorists have more to fear than other drivers

■ Automobile ....... 53%......... 431,367,000 ■ Liability ............. 7%............ 55,092,000 ■ Other................ 6%............ 53,095,000

n a region where property losses are always in direct proportion to the frequency and severity of storms, weather will always be a hot topic. But while locals in Newfoundland and Labrador are still talking about the severe March windstorm and last October’s flooding in the central region, the south coast of the island, and the Connaigre Peninsula, the province’s weather concerns are no longer just about water, says Karen Slaunwhite, executive director of the Insurance Brokers Association of Newfoundland and Insurance Brokers Association of Nova Scotia. “Warmer temperatures for longer periods of time means a longer fire

STATS GUIDE 2017 IS

season and an increased risk of forest fires,” she says. “We have seen from the Fort McMurray incident the devastation that wild fires can cause.” Meanwhile, on the business side, a confluence of changing consumer expectations, including a desire for faster quotes and the ability to shop a policy at any time of day or night, is keeping the brokerage side of the industry collectively sharp. “Brokers and companies are trying to keep up with advances in technology, whether it’s on the customer service side or dealing with legacy systems,” says one personal lines broker in the province who did not want to be identi-

HOT LINES

fied. “We want to be more efficient and that’s going to require collaboration with the insurers, so those efficiencies can be captured but still ensure brokers remain the focal point of the conversation.” On the auto side, the Insurance Bureau of Canada is pushing for a review that will look at minimum coverage requirements and lawsuit rights that many view as contributing to high premiums in the province. “Reform is a major undertaking, says Slaunwhite, “and Newfoundland brokers are meeting with government to ensure they will have a seat at the table to advocate on behalf of the needs of the consumer.”

2016’s Fastest-Growing by y/y DWP† MARINE

MARINE

+$2,999,000

+31%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 36

Canadian Underwriter

Data and rankings exclude Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 ...........................$176,771,000 DWP growth (y/y) .............................7.1% Loss ratio 2016 (2015).............61.0 (61.4)

PROPERTY - COMMERCIAL DWP 2016 .............................$98,576,000 DWP growth (y/y) .............................0.1% Loss ratio 2016 (2015)...........110.9 (65.3)

AUTO - PRIVATE PASSENGER DWP 2016 ...........................$346,048,000 DWP growth (y/y) .............................4.0% Loss ratio 2016 (2015).............80.5 (89.7)

AUTO - COMMERCIAL DWP 2016 .............................$56,455,000 DWP growth (y/y) .............................3.5% Loss ratio 2016 (2015).............59.3 (69.6)

BOILER & MACHINERY DWP 2016 ...............................$6,278,000 DWP growth (y/y) ...........................–9.6% Loss ratio 2016 (2015).............73.0 (51.5)

LIABILITY DWP 2016 .............................$55,092,000 DWP growth (y/y) ...........................–1.2% Loss ratio 2016 (2015).............32.4 (38.9)

SURETY DWP 2016 .............................$10,378,000 DWP growth (y/y) .........................–11.0% Loss ratio 2016 (2015)...............9.8 (78.8)

Market DWP 2016 $ share DWP Growth 2013-2016 1. Intact Financial Corporation.........................$50,655,000 ...... 34.2% 1. TD Insurance.............................................. 104% 2. RSA Canada Group......................................$47,814,000 ...... 32.3% 2. Intact Financial Corporation........................... 67% 3. Co-operators - Group....................................$27,528,000 ...... 18.6% 3. Desjardins General Insurance Group Inc......... 43% 4. TD Insurance...............................................$11,342,000 ........ 7.7% 4. Co-operators - Group.................................... 26% 5. Desjardins General Insurance Group Inc........$2,420,000 ........ 1.6% 5. Lloyd’s Underwriters...................................... 24% 1. Lloyd’s Underwriters....................................$13,421,000 ...... 13.6% 1. Travelers - Group.......................................... 59% 2. Northbridge Financial Corporation................$11,234,000 ...... 11.4% 2. AIG Insurance Company of Canada................ 54% 3. Co-operators - Group...................................$10,087,000 ...... 10.2% 3. Northbridge Financial Corporation.................. 40% 4. Aviva Canada Group......................................$9,153,000 ........ 9.3% 4. Aviva Canada Group...................................... 32% 5. Travelers - Group...........................................$8,098,000 ........ 8.2% 5. Ecclesiastical Insurance Office plc.................. 24% 1. Intact Financial Corporation.........................$112,515,000 ...... 33.4% 1. TD Insurance.............................................. 151% 2. RSA Canada Group......................................$79,678,000 ...... 23.6% 2. Intact Financial Corporation........................... 52% 3. Aviva Canada Group......................................$67,004,000 ...... 19.9% 3. Aviva Canada Group...................................... 23% 4. TD Insurance...............................................$34,140,000 ...... 10.1% 4. Co-operators - Group.................................... 21% 5. Co-operators - Group....................................$33,196,000 ........ 9.8% 5. Desjardins General Insurance Group Inc......... 18% 1. Aviva Canada Group......................................$10,887,000 ...... 19.4% 1. Intact Financial Corporation........................... 83% 2. RSA Canada Group.......................................$10,519,000 ...... 18.7% 2. Co-operators - Group.................................... 30% 3. Northbridge Financial Corporation..................$8,538,000 ...... 15.2% 3. Travelers - Group.......................................... 26% 4. Co-operators - Group......................................$7,812,000 ...... 13.9% 4. Northbridge Financial Corporation.................. 23% 5. Travelers - Group...........................................$7,635,000 ...... 13.6% 5. Aviva Canada Group...................................... 15% 1. FM Global - Group..........................................$2,811,000 ...... 44.8% 1. FM Global - Group....................................... 111% 2. RSA Canada Group...........................................$775,000 ...... 12.3% 3. Aviva Canada Group.........................................$607,000 ........ 9.7% 4. Northbridge Financial Corporation.....................$465,000 ........ 7.4% 5. Travelers - Group..............................................$344,000 ........ 5.5% 1. Lloyd’s Underwriters......................................$11,571,000 ...... 21.0% 1. Travelers - Group.......................................... 58% 2. Aviva Canada Group......................................$8,255,000 ...... 15.0% 2. Northbridge Financial Corporation.................. 25% 3. Northbridge Financial Corporation..................$6,501,000 ...... 11.8% 3 Lloyd’s Underwriters...................................... 21% 4. Co-operators - Group......................................$5,279,000 ........ 9.6% 4. Co-operators - Group.................................... 14% 5. Travelers - Group...........................................$3,415,000 ........ 6.2% 5. Aviva Canada Group........................................ 6% 1. Guarantee Company of North America ..........$2,328,000 ...... 22.4% 1. Travelers - Group.......................................... 32% 2. Travelers - Group...........................................$2,320,000 ...... 22.4% 2. Guarantee Company of North America (The)... 13% 3. Intact Financial Corporation...........................$1,458,000 ...... 14.0% 3. Intact Financial Corporation......................... –18% 4. Western Surety Company..............................$1,458,000 ...... 14.0% 4. Western Surety Company............................ –26% 5. Aviva Canada Group......................................$1,354,000 ...... 13.0% 5. Liberty Mutual Insurance Company.............. –89%

Newfoundland & Labrador’s Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Intact Financial Corporation................. 197,609,000.............. 24.6% 2. RSA Canada Group............................. 156,120,000.............. 19.4% 3. Aviva Canada Group............................ 131,849,000.............. 16.4% 4 Co-operators - Group............................ 87,917,000.............. 10.9% 5. TD Insurance........................................ 46,924,000................ 5.8% 6 Lloyd’s Underwriters............................. 33,550,000................ 4.2% 7. Northbridge Financial Corporation......... 30,241,000................ 3.8% 8. Travelers - Group.................................. 28,093,000................ 3.5% 9. AIG Insurance Company of Canada........ 12,794,000................ 1.6% 10. FM Global - Group................................ 10,186,000................ 1.3%

10 FASTEST-GROWING COMPANIES

DWP Growth 2013-16* 1. TD Insurance...................................................................... 131% 2. Intact Financial Corporation................................................... 56% 3. Wynward Insurance Group.................................................... 55% 4. Trisura Guarantee Insurance Company.................................. 43% 5. Northbridge Financial Corporation.......................................... 30% 6. Ecclesiastical Insurance Office plc......................................... 27% 7. Aviva Canada Group............................................................. 24% 8. FM Global - Group................................................................ 24% 9. Desjardins General Insurance Group Inc................................. 21% 10. Co-operators - Group............................................................ 20%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 37

Briefing Note: Territories SCORECARD 2016

Direct Business Written Premiums............. $193,153,000 Y/Y growth..................................... –0.8% Loss ratio 2016 (2015)........... 59.3 (55.2)

CP PHOTO/Chuck Stoody

Line Share

■ Property........... 45%........... 86,099,000

Whitehorse’s booming tourism sector is underserviced by brokers

■ Automobile ....... 32%........... 62,462,000 ■ Liability ............ 12%........... 22,309,000 ■ Other............... 11%........... 22,283,000

he territories offer challenges not seen elsewhere in Canada. Even larger cities have relatively small populations, and distances between communities are so vast that it can be difficult to cobble together sales territories with enough people for a broker to service, says George Hodgson, CEO of Insurance Brokers Association of Alberta, which also serves brokers in Nunavut, the Yukon and the Northwest Territories. Broker scarcity isn’t an issue for government operations or large commercial concerns like the Diavik diamond mine, because their insurance needs are handled out of province. But there’s a

STATS GUIDE 2017 IS

need for local brokers to handle personal lines for individuals working in the communities of those organizations, as well as the businesses that support larger operations. In the case of Whitehorse and its booming tourism industry, brokers are needed to cover hotels, and fishing and hunting tour operators. Insuring the territories requires understanding cold weather challenges, such as the fact that roads are open only at certain times of the year. “If you have a house fire in January, it’s not that big of a problem bringing in [rebuilding] materials because you’ve got the ice roads, and if you have a house fire in July, you have barges,” Hodgson says. “If you have

HOT LINES

the house fire in April or October, you’ve got neither. This drives up the cost to replace a structure, so premiums are going to be substantially higher – and it’s a safe bet uninsured property percentages would be fairly high, just like they were in Fort McMurray.” On the other hand, the seasonality of road use may account for the fact that automobile loss ratios in the three territories are between 53% and 79% in the three jurisdictions, lower than some populous provinces. Hodgson notes that in many communities opportunities to drive are so sparse that people can have late-1990s automobiles with fewer than 25,000 km on the clock.

2016’s Fastest-Growing by y/y DWP† PROFESSIONAL LIABILITY

PROFESSIONAL LIABILITY

+$947,000

+69%

†Excludes major lines, auto sub-lines and miscellaneous “other”; growth % calculations use 2015 DWP adjusted to minimum of 0.15% of 2015 provincial DWP 38

Canadian Underwriter

Data and rankings exclude Green Shield Canada and pure-play mortgage insurers.

KEY LINES SNAPSHOT

Line of Business

Top 5 Underwriters* Loss ratio key: <80% of average | >120% of average

PROPERTY - PERSONAL DWP 2016 .............................$28,734,000 DWP growth (y/y) .............................7.4% Loss ratio 2016 (2015).............58.2 (68.4)

PROPERTY - COMMERCIAL DWP 2016 .............................$57,365,000 DWP growth (y/y) ...........................–4.1% Loss ratio 2016 (2015)............100.7 42.4)

AUTO - PRIVATE PASSENGER DWP 2016 .............................$41,717,000 DWP growth (y/y) .............................6.7% Loss ratio 2016 (2015).............71.4 (60.0)

AUTO - COMMERCIAL DWP 2016 .............................$13,655,000 DWP growth (y/y) .............................3.9% Loss ratio 2016 (2015).............26.5 (40.2)

BOILER & MACHINERY DWP 2016 ...............................$2,448,000 DWP growth (y/y) .........................–21.7% Loss ratio 2016 (2015).............13.8 (90.1)

LIABILITY DWP 2016 .............................$22,309,000 DWP growth (y/y) .............................0.4% Loss ratio 2016 (2015).............48.6 (93.1)

SURETY DWP 2016 .............................$$5,436,000 DWP growth (y/y) .........................–32.4% Loss ratio 2016 (2015).............34.9 (21.4)

Market DWP 2016 $ share DWP Growth 2013-2016 1. TD Insurance..................................................$6,724,000 ...... 31.1% 1. TD Insurance................................................ 46% 2. Co-operators - Group.....................................$4,064,000 ...... 18.8% 2. RSA Canada Group....................................... 31% 3. Wawanesa Mutual Insurance Company ........$2,298,000 ...... 10.6% 3. Co-operators - Group.................................... 27% 4. Peace Hills General Insurance Company..........$2,158,000 ...... 10.0% 4. Wawanesa Mutual Insurance Company.......... 13% 5. Intact Financial Corporation...........................$1,973,000 ........ 9.1% 5. Peace Hills General Insurance Company......... 10% 1. Lloyd’s Underwriters......................................$9,466,000 ...... 16.5% 1. AIG Insurance Company of Canada.............. 294% 2. Zurich Insurance Company Ltd......................$8,643,000 ...... 15.1% 2. Allianz Global Risks US Insurance Company. 118% 3. AIG Insurance Company of Canada................$5,435,000 ........ 9.5% 3. Lloyd’s Underwriters...................................... 99% 4. Aviva Canada Group......................................$4,527,000 ........ 7.9% 4. Zurich Insurance Company Ltd...................... 79% 5. Northbridge Financial Corporation..................$4,503,000 ........ 7.9% 5. Swiss Re - Group............................................ 8% 1. TD Insurance................................................$14,238,000 ...... 34.5% 1. Desjardins General Insurance Group Inc......... 81% 2. Aviva Canada Group........................................$5,938,000 ...... 14.4% 2. Peace Hills General Insurance Company......... 56% 3. Co-operators - Group.....................................$5,389,000 ...... 13.0% 3. TD Insurance................................................ 21% 4. Intact Financial Corporation...........................$5,229,000 ...... 12.7% 4. Co-operators - Group.................................... 16% 5. Wawanesa Mutual Insurance Company.........$3,586,000 ........ 8.7% 5. Intact Financial Corporation........................... 14% 1. RSA Canada Group.........................................$3,326,000 ...... 24.5% 1. Intact Financial Corporation........................... 31% 2. Intact Financial Corporation.............................$2,917,000 ...... 21.5% 2. RSA Canada Group....................................... 14% 3. Aviva Canada Group........................................$1,779,000 ...... 13.1% 3. Aviva Canada Group...................................... –1% 4. Northbridge Financial Corporation....................$1,728,000 ...... 12.7% 4. Travelers - Group........................................ –28% 5. Travelers - Group...............................................$835,000 ........ 6.1% 1. Lloyd’s Underwriters.........................................$559,000 ...... 22.8% 2. Allianz Global Risks US Insurance Company.....$530,000 ...... 21.6% 3. AIG Insurance Company of Canada...................$269,000 ...... 11.0% 4. Aviva Canada Group.........................................$223,000 ........ 9.1% 5. RSA Canada Group...........................................$181,000 ........ 7.4% 1. Lloyd’s Underwriters......................................$9,408,000 ...... 42.2% 1. Lloyd’s Underwriters...................................... 37% 2. Aviva Canada Group......................................$2,167,000 ........ 9.7% 2 Co-operators - Group...................................... 2% 3. Intact Financial Corporation...........................$1,846,000 ........ 8.3% 3. Intact Financial Corporation........................... –3% 4. Travelers - Group...........................................$1,285,000 ........ 5.8% 4. Aviva Canada Group.................................... –19% 5. Co-operators - Group.....................................$1,150,000 ........ 5.2% 5. RSA Canada Group..................................... –27% 1. Intact Financial Corporation.............................$1,202,000 ...... 22.1% 1. Intact Financial Corporation......................... –36% 2. Aviva Canada Group......................................$1,195,000 ...... 22.0% 3. Zurich Insurance Company Ltd......................$1,139,000 ...... 21.0% 4. Travelers - Group..............................................$501,000 ........ 9.2% 5. Western Surety Company...................................$476,000 ........ 8.8%

The Territories’ Top Performers* THE BIG 10 DWP 2016 ($) Market Share 1. Lloyd’s Underwriters............................. 24,046,000.............. 12.5% 2. Aviva Canada Group.............................. 23,856,000.............. 12.4% 3. TD Insurance........................................ 21,811,000.............. 11.3% 4. Intact Financial Corporation................... 19,050,000................ 9.9% 5. Co-operators - Group............................ 14,905,000................ 7.7% 6. RSA Canada Group............................... 12,746,000................ 6.6% 7. Zurich Insurance Company Ltd.............. 10,941,000................ 5.7% 8. Northbridge Financial Corporation........... 7,647,000................ 4.0% 9. Wawanesa Mutual Insurance Company... 7,519,000................ 3.9% 10. AIG Insurance Company of Canada.......... 7,498,000................ 3.9%

10 FASTEST-GROWING COMPANIES

DWP Growth 2013-16* 1. Northbridge Financial Corporation........................................ 223% 2. Zurich Insurance Company Ltd.............................................. 84% 3. AIG Insurance Company of Canada........................................ 47% 4. Lloyd’s Underwriters............................................................. 47% 5. Desjardins General Insurance Group Inc................................. 36% 6. Allianz Global Risks US Insurance Company........................... 32% 7. TD Insurance........................................................................ 27% 8. Peace Hills General Insurance Company................................ 20% 9. Co-operators - Group............................................................ 11% 10. Intact Financial Corporation..................................................... 4%

*Growth ranking excludes companies with 2013 DWP of less than $1 million. 2017 STATISTICAL GUIDE 39

THE RANKINGS: NATIONAL

Total Business 2016 All Private P&C in Canada* by Net Premiums Written Company

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 40

Market % 2016 NPW ($000) 2015 NPW ($000) % Change

Intact Financial Corporation Aviva Canada Group Desjardins General Insurance Group Inc. Lloyd’s Underwriters Security National Insurance Company Co-operators - Group RSA Canada Group Wawanesa Mutual Insurance Company (The) Economical Mutual Insurance Company Travelers - Group Allstate Insurance Company of Canada Northbridge Financial Corporation Capitale assurances générales inc. (La) SGI CANADA Zurich Insurance Company Ltd. Chubb Group AIG Insurance Company of Canada Gore Mutual Insurance Company Munich Re Canada FM Global - Group Hannover Rück SE Guarantee Company of North America (The) Industrial Alliance Auto and Home Insurance Inc. Liberty Mutual Insurance Company Alberta Motor Association Insurance Company Continental Casualty Company Allianz Global Risks US Insurance Company SSQ Insurance Company Inc. XL - Group Echelon Financial Group Promutuel Réassurance CAA Insurance Company Portage la Prairie Mutual Insurance Company (The) First American - Group SCOR Canada Reinsurance Company Farm Mutual Reinsurance Plan Inc. American Bankers Insurance Company of Florida Swiss Re - Group Commonwell Mutual Insurance Group (The) Peace Hills General Insurance Company Old Republic Insurance Company of Canada Stewart Title Guaranty Company Boiler Inspection and Insurance Co of Canada (The) Optimum - Group Canadian Underwriter

16.8 9.6 7.2 7.0 6.4 5.7 5.6 4.8 4.4 3.1 3.1 2.7 1.9 1.5 1.1 0.9 0.9 0.8 0.8 0.7 0.7 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.5 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3

7,730,363 4,415,761 3,316,523 3,215,307 2,933,281 2,603,121 2,583,188 2,187,241 2,010,952 1,432,923 1,422,714 1,247,034 893,883 676,164 493,277 414,032 392,111 383,515 357,434 325,635 308,093 290,031 268,074 263,122 256,656 254,120 224,123 221,163 219,325 195,577 194,704 192,343 170,576 159,082 152,730 151,819 135,909 129,181 125,701 125,358 123,024 120,144 119,205 119,024

*Excludes life and purely A&S companies

7,432,733 3,883,489 2,509,984 3,077,761 2,986,668 2,474,001 2,650,905 2,177,268 1,935,352 1,409,657 1,370,172 1,132,822 870,518 620,840 691,730 744,567 385,389 361,454 437,120 326,092 243,021 287,830 237,152 241,059 291,392 254,887 223,890 208,358 49,570 176,287 167,745 183,493 178,790 146,366 145,379 132,008 116,097 114,139 121,765 135,257 116,947 104,294 111,109 121,739

4.0 13.7 32.1 4.5 -1.8 5.2 -2.6 0.5 3.9 1.7 3.8 10.1 2.7 8.9 -28.7 -44.4 1.7 6.1 -18.2 -0.1 26.8 0.8 13.0 9.2 -11.9 -0.3 0.1 6.1 342.5 10.9 16.1 4.8 -4.6 8.7 5.1 15.0 17.1 13.2 3.2 -7.3 5.2 15.2 7.3 -2.2

continued on page 42

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THE RANKINGS: NATIONAL

Total Business 2016 All Private P&C in Canada* by Net Premiums Written Company

45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71. 72. 73. 74. 75. 76. 77. 78. 79. 80. 81. 82. 83. 84. 85. 86. 87. 88. 42

Market % 2016 NPW ($000) 2015 NPW ($000) % Change

Lawyers’ Professional Indemnity Company 0.3 Partner Reinsurance Company of the U.S. 0.2 Millennium Insurance Corporation 0.2 RBC Insurance Company of Canada 0.2 Heartland Farm Mutual Inc. 0.2 Transatlantic Reinsurance Company 0.2 Trisura Guarantee Insurance Company 0.2 Red River Valley Mutual Ins. Company 0.2 Odyssey Reinsurance Company 0.2 Everest - Group 0.2 Wynward Insurance Group 0.2 Berkley Insurance Company 0.2 Orion Travel Insurance Company 0.1 Ecclesiastical Insurance Office plc 0.1 Saskatchewan Mutual Insurance Company 0.1 Petline Insurance Company 0.1 General Reinsurance Corporation 0.1 BCAA Insurance Corporation 0.1 Motors Insurance Corporation 0.1 Trillium Mutual Insurance Co. 0.1 Triton Insurance Company 0.1 Great American Insurance Company 0.1 CCR RE 0.1 Ontario School Boards’ Insurance Exchange 0.1 Mutual Fire Insurance Company of B.C. (The) 0.1 Groupe Estrie-Richelieu Compagnie D’Assurance (Le) 0.1 Tokio Marine and Nichido Fire Insurance Company, Limited 0.1 Chicago Title Insurance Company 0.1 Compagnie Française d’Assurance pour le Commerce Extérieur 0.1 Toa Reinsurance Company of America (The) 0.1 National Liability & Fire Insurance Company 0.1 Ayr Farmers’ Mutual Ins. Co. 0.1 Co-operative Hail Insurance Company Limited 0.0 Mapfre Re Compania de Reaseguros, S.A. 0.0 Prince Edward Island Mutual Insurance Co. 0.0 Mitsui Sumitomo Insurance Company, Limited 0.0 DAS Legal Protection Insurance Company Limited 0.0 Axis Reinsurance Company (Canadian Branch) 0.0 Associated Electric & Gas Insurance Services Limited 0.0 Mennonite Mutual Fire Insurance Company 0.0 Western Surety Company 0.0 Hartford Fire Insurance Company 0.0 American Agricultural Insurance Company 0.0 Euler Hermes North America Insurance Company 0.0

Canadian Underwriter

115,943 110,392 109,199 108,699 102,744 96,056 87,186 85,803 84,308 80,756 79,261 78,237 64,468 61,966 55,918 54,281 53,385 49,526 45,533 45,034 44,595 44,076 40,485 39,624 39,260 37,540 35,234 34,189 28,249 27,743 26,981 25,720 21,794 21,560 20,867 20,282 20,064 19,897 19,258 17,172 16,413 15,151 14,316 12,885

*Excludes life and purely A&S companies

120,761 100,717 125,232 112,680 99,309 92,191 72,159 81,091 82,224 69,903 75,099 60,908 60,890 60,280 53,737 51,293 53,673 43,662 45,034 41,294 37,228 41,831 0 40,054 43,292 36,555 32,013 28,178 29,600 30,371 21,567 24,084 13,967 17,055 19,198 20,229 12,847 36,942 17,769 9,791 13,809 16,373 12,336 13,430

-4.0 9.6 -12.8 -3.5 3.5 4.2 20.8 5.8 2.5 15.5 5.5 28.5 5.9 2.8 4.1 5.8 -0.5 13.4 1.1 9.1 19.8 5.4 0.0 -1.1 -9.3 2.7 10.1 21.3 -4.6 -8.7 25.1 6.8 56.0 26.4 8.7 0.3 56.2 -46.1 8.4 75.4 18.9 -7.5 16.1 -4.1

continued on page 44

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NEW: Aggregate retentions for 1st party and liability coverages NEW: 1st party coverage for enterprise security events first discovered during the policy period, even for attacks and events that pre-date the policy NEW: Expanded liability coverage for your failure to timely disclose an incident NEW: Expanded liability coverage for your failure to comply with your privacy policy

NEW: Liability coverage includes regulatory action defense with coverage for fines and penalties and payments to consumer redress funds NEW: Crisis management expenses reimbursed or paid on your behalf. Now including voluntary notification and call center services NEW: Expanded public relations expense including web and content development, spokesperson training and media talking points

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To learn more, contact a member of the AXIS Pro Canada Team: ShdMbx-AXISPROnewprivasure@axiscapital.com Please submit applications to: axisprosubmissions.pf@axiscapital.com www.axiscapital.com Coverage is underwritten by AXIS Reinsurance Company (Canadian Branch), which is authorized and supervised by the Office of the Superintendent of Financial Institutions. AXIS Reinsurance Company (Canadian Branch) is licensed in all Canadian provinces and territories. AXIS Reinsurance Company is an admitted carrier in all 50 of the United States and the District of Columbia.

THE RANKINGS: NATIONAL

Total Business 2016 All Private P&C in Canada* by Net Premiums Written Company

Market % 2016 NPW ($000) 2015 NPW ($000) % Change

89. Aspen Insurance UK Limited 0.0 90. MAX Canada Insurance Company 0.0 91. American Road Insurance Company (The) 0.0 92. International Insurance Company of Hannover SE 0.0 93. Sirius America Insurance Company 0.0 94. Kings Mutual Insurance Company (The) 0.0 95. Ironshore Insurance Ltd. 0.0 96. Munich Reinsurance America, Inc. 0.0 97. Legacy General Insurance Company 0.0 98. Municipal Electric Association Reciprocal Ins. Exchange 0.0 99. Arch Reinsurance Company 0.0 100. Sompo Japan Nipponkoa Insurance Inc. 0.0 101. First North American Insurance Company 0.0 102. Arch Insurance Canada Ltd. 0.0 103. Algoma Mutual Insurance Company 0.0 104. Jewelers Mutual Insurance Company 0.0 105. Sunderland Marine Insurance Company Limited [Canada Branch] 0.0 106. Antigonish Farmersâ€™ Mutual Insurance Company 0.0 107. HDI Global SE Canada Branch 0.0 108. Allied World Specialty Insurance Company 0.0 109. Technology Insurance Company, Inc. 0.0 110. Electric Insurance Company 0.0 111. Cherokee Insurance Company 0.0 112. Starr Insurance & Reinsurance Limited 0.0 113. Poultry Insurance Exchange Reciprocal of Canada 0.0 114. Virginia Surety Company Inc. 0.0 115. Clare Mutual Insurance Company 0.0 116. AssurePro Insurance Company Limited 0.0 117. Protective Insurance Company 0.0 118. AXA Art Insurance Corporation 0.0 119. Sentry Insurance a Mutual Company 0.0 120. T.H.E. Insurance Company 0.0 121. SCOR UK Company Limited 0.0 122. Omega General Insurance Company 0.0 123. CorePointe Insurance Company 0.0 124. Catalina General Insurance Co. 0.0 125. Shipownersâ€™ Mutual Protection and Indemnity Association 0.0 TOTAL

12,581 11,373 11,172 10,785 10,412 9,864 9,695 9,243 8,356 7,389 7,367 7,100 7,036 6,944 6,862 6,778 5,649 5,138 4,584 4,525 4,047 2,798 2,785 2,614 2,494 2,237 2,149 1,616 1,503 1,177 1,072 638 389 271 22 2 -6 45,954,254

13,583 -7.4 8,388 35.6 8,581 30.2 4,464 141.6 13,709 -24.0 7,964 23.9 988 881.3 9,812 -5.8 9,128 -8.5 6,385 15.7 7,322 0.6 5,748 23.5 7,090 -0.8 6,043 14.9 7,324 -6.3 5,925 14.4 5,894 -4.2 4,896 4.9 8,149 -43.7 2,415 87.4 4,146 -2.4 2,620 6.8 3,083 -9.7 -440 694.1 2,315 7.7 20,597 -89.1 1,832 17.3 1,634 -1.1 1,082 38.9 1,122 4.9 1,566 -31.5 492 29.7 0 0.0 1,767 -84.7 -819 103.0 2 0.0 149 -104.0 43,842,708

*Excludes life and purely A&S companies 44

Canadian Underwriter

think Premier… for all your Specialty Needs.

PROFESSIONAL LINES

OTHER NICHE COMMERCIAL

• I.T. & Media Firms

• General Property Capacity

• Architects & Engineers

• Protection (Guards, Alarm)

• Ins. Brokers / Life Agents

• Fitness, Beauty & Spas

• Financial Services

• Manufacturers / Distributors

• Miscellaneous Classes

• Umbrella / Excess

• Medical Malpractice

• Adventure Tourism

• D&O

• Tattoo / Body Piercing

CONSTRUCTION RISKS

• Drug Rehab Clinics • Recycling Risks

• Builders Risk • Wrap Up Liability

PERSONAL LINES

• Contractors GL

• High Value Dwelling

• Contractors Equipment

• Hard to Place

ENVIRONMENTAL / POLLUTION • Contractors Pollution Liability • Environmental Impairment • Tank Owners

• Mobile Homes / Trailers • Personal Umbrella MARINE • Recreational Watercraft • Boat Dealers & Marina Pkg • Cargo, Hull, and Marine Liabilities

Visit www.premiergroup.ca for product details and forms.

THE RANKINGS: NATIONAL

Property 2016 All Private P&C in Canada by Net Premiums Written Company

Market %

NPW ($000)

Company

Market %

NPW ($000)

Intact Financial Corporation

16.02

2,834,233

53. Groupe Estrie-Richelieu Compagnie D’Assurance (Le) 0.18

31,576

Aviva Canada Group

8.57

1,516,998

54. Echelon Financial Group

0.16

29,180

Lloyd’s Underwriters

7.82

1,383,677

55. Millennium Insurance Corporation

0.16

29,158

Desjardins General Insurance Group Inc.

6.68

1,182,335

56. Trillium Mutual Insurance Co.

0.15

25,736

Co-operators - Group

6.05

1,070,231

57. Orion Travel Insurance Company

0.13

23,495

RSA Canada Group

5.84

1,034,105

58. Mapfre Re Compania de Reaseguros, S.A.

0.12

20,852

Wawanesa Mutual Insurance Company (The)

5.69

1,005,837

59. Great American Insurance Company

0.11

20,132

Security National Insurance Company

5.34

944,327

60. CCR RE

0.11

20,121

Economical Mutual Insurance Company

3.74

661,362

61. Prince Edward Island Mutual Insurance Co.

0.10

18,439

10. Travelers - Group

2.64

467,449

62. Tokio Marine and Nichido Fire Insurance Co.

0.09

16,261

11. COMP Northbridge Financial Corporation

2.53

447,474

63. Mennonite Mutual Fire Insurance Company

0.09

16,013

12. Capitale assurances générales inc. (La)

2.10

372,048

64. Ontario School Boards’ Insurance Exchange

0.08

14,207

13. SGI CANADA

2.00

353,834

65. Toa Reinsurance Company of America (The)

0.08

13,532

14. Allstate Insurance Company of Canada

2.00

353,389

66. American Agricultural Insurance Company

0.07

13,055

15. FM Global - Group

1.43

252,357

67. Ayr Farmers’ Mutual Ins. Co.

0.07

12,437

16. Munich Re Canada

1.10

195,473

68. Triton Insurance Company

0.07

11,863

17. Zurich Insurance Company Ltd.

1.07

189,083

69. MAX Canada Insurance Company

0.06

10,833

18. Chubb Group

0.99

176,016

70. RBC Insurance Company of Canada

0.06

10,247

19. Hannover Rück SE

0.98

173,709

71. Hartford Fire Insurance Company

0.06

10,193

20. Gore Mutual Insurance Company

0.95

167,541

72. Boiler Inspection and Insurance Co of Canada (The) 0.05

9,090

21. Promutuel Réassurance

0.87

153,081

73. Kings Mutual Insurance Company (The)

0.05

8,660

22. AIG Insurance Company of Canada

0.85

150,945

74. Sirius America Insurance Company

0.05

8,597

23. SCOR Canada Reinsurance Company

0.70

123,769

75. National Liability & Fire Insurance Company

0.05

8,453

24. Allianz Global Risks US Insurance Company

0.68

120,522

76. Old Republic Insurance Company of Canada

0.05

8,288

25. American Bankers Insurance Company of Florida

0.63

111,521

77. First North American Insurance Company

0.04

6,942

26. Industrial Alliance Auto and Home Insurance Inc.

0.63

111,339

78. Aspen Insurance UK Limited

0.04

6,560

27. Guarantee Company of North America (The)

0.55

97,613

79. Arch Reinsurance Company

0.04

6,470

28. Farm Mutual Reinsurance Plan Inc.

0.54

95,879

80. Mitsui Sumitomo Insurance Company, Limited

0.03

5,877

29. Portage la Prairie Mutual Insurance Company (The) 0.53

93,767

81. Jewelers Mutual Insurance Company

0.03

5,638

30. Swiss Re - Group

0.53

93,027

82. Munich Reinsurance America, Inc.

0.03

5,293

31. SSQ Insurance Company Inc.

0.52

91,640

83. Berkley Insurance Company

0.03

5,043

32. Partner Reinsurance Company of the U.S.

0.47

82,467

84. Antigonish Farmers’ Mutual Insurance Company

0.03

4,494

33. Continental Casualty Company

0.46

80,627

85. Algoma Mutual Insurance Company

0.02

4,389

34. Red River Valley Mutual Ins. Company

0.45

79,842

86. International Insurance Company of Hannover SE

0.02

3,718

35. Peace Hills General Insurance Company

0.42

74,350

87. Allied World Specialty Insurance Company

0.02

3,591

36. XL - Group

0.42

73,668

88. Ironshore Insurance Ltd.

0.02

3,274

37. Optimum - Group

0.39

69,503

89. HDI Global SE Canada Branch

0.02

2,703

38. Commonwell Mutual Insurance Group (The)

0.38

67,150

90. Sompo Japan Nipponkoa Insurance Inc.

0.01

2,604

39. Alberta Motor Association Insurance Company

0.35

61,749

91. Poultry Insurance Exchange Reciprocal of Canada

0.01

2,494

40. Transatlantic Reinsurance Company

0.35

61,248

92. Axis Reinsurance Company (Canadian Branch)

0.01

2,081

41. Wynward Insurance Group

0.33

59,212

93. Arch Insurance Canada Ltd.

0.01

1,967

42. Heartland Farm Mutual Inc.

0.32

55,927

94. Clare Mutual Insurance Company

0.01

1,950

43. Odyssey Reinsurance Company

0.31

54,380

95. Starr Insurance & Reinsurance Limited

0.01

1,558

44. Petline Insurance Company

0.31

54,281

96. AXA Art Insurance Corporation

0.01

1,177

45. CAA Insurance Company

0.28

48,916

97. Trisura Guarantee Insurance Company

0.00

436

46. BCAA Insurance Corporation

0.27

47,629

98. Municipal Electric Association Reciprocal Ins. Exchange 0.00

390

47. Saskatchewan Mutual Insurance Company

0.24

41,684

99. SCOR UK Company Limited

0.00

296

48. General Reinsurance Corporation

0.23

40,412

100. Associated Electric & Gas Insurance Services Limited 0.00

49. Ecclesiastical Insurance Office plc

0.21

37,866

101. T.H.E. Insurance Company

50. Mutual Fire Insurance Company of B.C. (The)

0.21

37,058

102. Catalina General Insurance Co.

51. Liberty Mutual Insurance Company

0.20

35,763

103. Omega General Insurance Company

52. Everest - Group

0.19

34,460

TOTAL 17,692,227

Canadian Underwriter

0.00 0.00

-0.00

-39

2 17

www.niccanada.com

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YOUR ACCESS TO JUSTICE

Media Sponsors

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THE RANKINGS: NATIONAL

Automobile 2016 All Private P&C in Canada by Net Premiums Written Company

Market %

NPW ($000)

Company

Market %

NPW ($000)

1. Intact Financial Corporation .......................................21.04 4,431,205

42. Transatlantic Reinsurance Company..............................0.05 10,426

2. Aviva Canada Group .................................................11.38 2,397,455

43. SCOR Canada Reinsurance Company...........................0.05 10,262

3. Desjardins General Insurance Group Inc........................9.84 2,073,772

44. Saskatchewan Mutual Insurance Company....................0.04 9,342

4. Security National Insurance Company...........................9.37 1,973,426

45. Tokio Marine and Nichido Fire Insurance Co..................0.04 8,704

5. Wawanesa Mutual Insurance Company (The).................5.37 1,131,657

46. CCR RE.......................................................................0.04 8,179

6. Co-operators - Group...................................................5.90 1,242,465

47. Everest - Group...........................................................0.03 6,935

7. Economical Mutual Insurance Company........................5.67 1,194,597

48. Toa Reinsurance Company of America (The)..................0.03 6,542

8. RSA Canada Group .....................................................5.53 1,165,063

49. XL - Group..................................................................0.03 6,119

9. Allstate Insurance Company of Canada.........................5.07 1,067,771

50. General Reinsurance Corporation..................................0.02 5,242

10. Travelers - Group.........................................................3.37 710,254

51. Swiss Re - Group.........................................................0.02 4,108

11. COMP Northbridge Financial Corporation......................2.48 523,051

52. Technology Insurance Company, Inc..............................0.02 4,047

12. Capitale assurances générales inc. (La).........................2.34 492,040

53. Mitsui Sumitomo Insurance Company, Limited...............0.02 3,872

13. SGI CANADA...............................................................1.29 271,027

54. Cherokee Insurance Company......................................0.01 2,597

14. Alberta Motor Association Insurance Company..............0.92 193,567

55. Partner Reinsurance Company of the U.S......................0.01 2,514

15. Gore Mutual Insurance Company..................................0.86 181,045

56. Algoma Mutual Insurance Company..............................0.01 2,124

16. Industrial Alliance Auto and Home Insurance Inc............0.74 156,733

57. Sompo Japan Nipponkoa Insurance Inc.........................0.01 1,716

17. Echelon Financial Group...............................................0.74 156,513

58. Protective Insurance Company......................................0.01 1,503

18. CAA Insurance Company..............................................0.68 142,798

59. Sirius America Insurance Company...............................0.01 1,452

19. SSQ Insurance Company Inc.........................................0.61 129,523

60. Hartford Fire Insurance Company..................................0.01 1,367

20. Guarantee Company of North America (The)..................0.43 90,757

61. Ontario School Boards’ Insurance Exchange..................0.01 1,338

21. Lloyd’s Underwriters....................................................0.37 77,237

62. Groupe Estrie-Richelieu Compagnie D’Assurance (Le)....0.01 1,250

22. Zurich Insurance Company Ltd.....................................0.33 70,080

63. Munich Reinsurance America, Inc.................................0.01 1,074

23. Portage la Prairie Mutual Insurance Company (The).......0.33 69,976

64. BCAA Insurance Corporation........................................0.00 704

24. Old Republic Insurance Company of Canada.................0.27 56,196

65. Municipal Electric Association Reciprocal Ins. Exchange...... 0.00 659

25. Chubb Group...............................................................0.25 52,085

66. Sentry Insurance a Mutual Company.............................0.00 430

26. Peace Hills General Insurance Company........................0.24 51,008

67. Arch Insurance Canada Ltd..........................................0.00 420

27. Commonwell Mutual Insurance Group (The)..................0.22 47,272

68. Allianz Global Risks US Insurance Company..................0.00 405

28. Munich Re Canada......................................................0.20 42,788

69. Motors Insurance Corporation.......................................0.00 388

29. Farm Mutual Reinsurance Plan Inc................................0.20 42,261

70. Mennonite Mutual Fire Insurance Company...................0.00 334

30. Heartland Farm Mutual Inc...........................................0.19 39,773

71. AssurePro Insurance Company Limited.........................0.00 304

31. AIG Insurance Company of Canada...............................0.17 36,238

72. International Insurance Company of Hannover SE..........0.00 264

32. Promutuel Réassurance...............................................0.16 33,389

73. Electric Insurance Company.........................................0.00 191

33. Optimum - Group........................................................0.15 31,586

74. Arch Reinsurance Company.........................................0.00 174

34. Continental Casualty Company.....................................0.14 30,094

75. Aspen Insurance UK Limited.........................................0.00 164

35. Hannover Rück SE.......................................................0.13 28,419

76. American Agricultural Insurance Company....................0.00 89

36. Liberty Mutual Insurance Company...............................0.11 23,400

77. T.H.E. Insurance Company............................................0.00 78

37. Millennium Insurance Corporation.................................0.09 18,355

78. Great American Insurance Company.............................0.00 50

38. Trillium Mutual Insurance Co........................................0.07 15,051

79. Berkley Insurance Company.........................................0.00 44

39. Odyssey Reinsurance Company....................................0.06 12,974

80. Omega General Insurance Company.............................0.00 -579

40. Ayr Farmers’ Mutual Ins. Co.........................................0.05 11,335

81. RBC Insurance Company of Canada..............................0.00 -748

41. American Road Insurance Company (The).....................0.05 11,172

TOTAL 21,065,497

Canadian Underwriter

THE RANKINGS: NATIONAL

Underwriting Profitability 2016 All Private P&C in Canada* Company 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63.

$000

Desjardins General Insurance Group Inc. ............................................400,689 Aviva Canada Group .........................................................................343,381 Intact Financial Corporation ...............................................................317,047 RSA Canada Group ...........................................................................100,225 FM Global - Group...............................................................................76,229 Northbridge Financial Corporation.........................................................73,588 Continental Casualty Company.............................................................43,996 Munich Re Canada..............................................................................34,030 Allstate Insurance Company of Canada.................................................32,653 General Reinsurance Corporation..........................................................28,714 First American - Group.........................................................................27,475 Liberty Mutual Insurance Company.......................................................27,216 Stewart Title Guaranty Company...........................................................26,149 SGI CANADA.......................................................................................24,602 Motors Insurance Corporation...............................................................21,124 SCOR Canada Reinsurance Company...................................................20,141 Capitale assurances générales inc. (La).................................................19,108 Boiler Inspection and Insurance Co of Canada (The)...............................18,536 Millennium Insurance Corporation.........................................................17,905 CAA Insurance Company......................................................................16,161 Ontario School Boards’ Insurance Exchange..........................................15,647 Hannover Rück SE...............................................................................14,922 Associated Electric & Gas Insurance Services Limited............................14,565 Gore Mutual Insurance Company..........................................................14,161 Promutuel Réassurance.......................................................................11,644 Chicago Title Insurance Company.........................................................11,378 Commonwell Mutual Insurance Group (The)............................................9,749 Red River Valley Mutual Ins. Company.....................................................9,246 BCAA Insurance Corporation..................................................................8,877 CCR RE.................................................................................................8,789 Munich Reinsurance America, Inc...........................................................8,592 Aspen Insurance UK Limited...................................................................8,016 Everest - Group.....................................................................................7,875 Berkley Insurance Company...................................................................7,809 Euler Hermes North America Insurance Company....................................6,660 Optimum - Group..................................................................................6,405 Trisura Guarantee Insurance Company....................................................5,959 Farm Mutual Reinsurance Plan Inc..........................................................5,538 Great American Insurance Company.......................................................4,700 Triton Insurance Company......................................................................4,120 Prince Edward Island Mutual Insurance Co..............................................3,356 Portage la Prairie Mutual Insurance Company (The).................................3,010 HDI Global SE Canada Branch................................................................2,994 Legacy General Insurance Company.......................................................2,741 Petline Insurance Company....................................................................2,736 Ayr Farmers’ Mutual Ins. Co...................................................................2,724 American Bankers Insurance Company of Florida....................................2,696 Western Surety Company.......................................................................2,656 Starr Insurance & Reinsurance Limited...................................................2,214 Poultry Insurance Exchange Reciprocal of Canada...................................1,984 Mennonite Mutual Fire Insurance Company.............................................1,963 Jewelers Mutual Insurance Company......................................................1,943 Sompo Japan Nipponkoa Insurance Inc...................................................1,928 Electric Insurance Company...................................................................1,741 Heartland Farm Mutual Inc.....................................................................1,680 Ironshore Insurance Ltd..........................................................................1,520 First North American Insurance Company................................................1,505 Mutual Fire Insurance Company of B.C. (The)..........................................1,295 RBC Insurance Company of Canada........................................................1,205 International Insurance Company of Hannover SE....................................1,154 Shipowners’ Mutual Protection and Indemnity Association........................1,143 Technology Insurance Company, Inc........................................................1,053 Saskatchewan Mutual Insurance Company.................................................995

Company

$000

64. National Liability & Fire Insurance Company...............................................903 65. Wynward Insurance Group........................................................................695 66. Clare Mutual Insurance Company..............................................................691 67. Sentry Insurance a Mutual Company..........................................................633 68. Cherokee Insurance Company...................................................................533 69. SCOR UK Company Limited.......................................................................481 70. Algoma Mutual Insurance Company...........................................................447 71. Arch Insurance Canada Ltd.......................................................................160 72. AXA Art Insurance Corporation.....................................................................36 73. T.H.E. Insurance Company......................................................................... -34 74. AssurePro Insurance Company Limited...................................................... -76 75. CorePointe Insurance Company............................................................... -111 76. Catalina General Insurance Co................................................................. -274 77. Virginia Surety Company Inc.................................................................... -283 78. Arch Reinsurance Company.................................................................... -487 79. Kings Mutual Insurance Company (The)................................................... -643 80. Antigonish Farmers’ Mutual Insurance Company...................................... -676 81. AIG Insurance Company of Canada.......................................................... -716 82. MAX Canada Insurance Company............................................................ -743 83. Omega General Insurance Company........................................................ -743 84. Sunderland Marine Insurance Company Limited [Canada Branch]........... -1,025 85. Protective Insurance Company.............................................................. -1,162 86. American Road Insurance Company (The)............................................. -1,687 87. Trillium Mutual Insurance Co................................................................ -1,702 88. Axis Reinsurance Company (Canadian Branch)...................................... -1,766 89. Orion Travel Insurance Company........................................................... -1,786 90. Groupe Estrie-Richelieu Compagnie D’Assurance (Le)............................ -2,373 91. Toa Reinsurance Company of America (The).......................................... -2,390 92. Old Republic Insurance Company of Canada......................................... -2,621 93. Municipal Electric Association Reciprocal Ins. Exchange......................... -3,242 94. Compagnie Française d’Assurance pour le Commerce Extérieur............. -3,960 95. Co-operative Hail Insurance Company Limited....................................... -4,090 96. SSQ Insurance Company Inc................................................................. -4,345 97. Ecclesiastical Insurance Office plc........................................................ -4,447 98. Allied World Specialty Insurance Company............................................ -4,480 99. DAS Legal Protection Insurance Company Limited................................. -4,802 100. Lawyers’ Professional Indemnity Company............................................ -5,931 101. Swiss Re - Group................................................................................. -6,805 102. Tokio Marine and Nichido Fire Insurance Company, Limited (The)............ -7,135 103. Echelon Financial Group....................................................................... -7,635 104. Peace Hills General Insurance Company.............................................. -11,421 105. Mitsui Sumitomo Insurance Company, Limited..................................... -11,644 106. Sirius America Insurance Company..................................................... -12,142 107. Industrial Alliance Auto and Home Insurance Inc.................................. -13,862 108. Co-operators - Group......................................................................... -14,207 109. Odyssey Reinsurance Company.......................................................... -15,803 110. Hartford Fire Insurance Company........................................................ -17,854 111. Partner Reinsurance Company of the U.S............................................ -18,273 112. Mapfre Re Compania de Reaseguros, S.A........................................... -21,014 113. American Agricultural Insurance Company.......................................... -22,733 114. Chubb Group..................................................................................... -38,224 115. Travelers - Group............................................................................... -40,241 116. Allianz Global Risks US Insurance Company........................................ -40,989 117. Guarantee Company of North America (The).......................................... -4,514 118. Transatlantic Reinsurance Company.................................................... -52,102 119. XL - Group........................................................................................ -52,291 120. Alberta Motor Association Insurance Company.................................... -96,469 121. Zurich Insurance Company Ltd......................................................... -101,546 122. Security National Insurance Company............................................... -145,127 123. Economical Mutual Insurance Company............................................ -164,810 124. Wawanesa Mutual Insurance Company (The)..................................... -202,130 125. Lloyd’s Underwriters........................................................................ -524,862 *Excludes life and purely A&S companies

Canadian Underwriter

Invest in your client experience I answered a couple of multiple choice questions and snapped photos of the car and documents.

Tuesday morning: My colleague Jake rears into my car. He spends half the day on the phone with his insurance company and also looking for a shop. Me? I’m done within minutes by submitting an online claim to:

Prepare an accident report Start the claim process Locate a preferred shop and book an estimate appointment Even better, the same channel updated me on the progress of my repairs, along with photos.

The process was streamlined. A summary of completed steps helped me keep up!

Once I got my car back, I was asked to answer a 2-minute satisfaction survey. It was all so easy, I couldn’t say no.

ProgiSync Claims empowers insured clients to initiate their claim online.

Watch Tom’s story at progi.com/tom

This module seemlessly integrates other modules from the ProgiSync suite for insurance.

Claims

Appointments

Updates

Feedback

To learn more about our insurance solutions, visit www.progi.com/insurer or call us at 1-855-310-6343. let data work for you

THE RANKINGS: NATIONAL

Major Lines 2016 All Private P&C in Canada AIRCRAFT

LEGAL EXPENSE % of DWP Market ($000)

HAIL % of DWP Market ($000)

% of DWP Market ($000)

1. Lloyd’s Underwriters...........................................35.08

88,578

1. DAS Legal Protection Insurance Company Limited.... 61.61

25,536

1. Co-operative Hail Insurance Company Limited....58.76 51,707

2. Allianz Global Risks US Insurance Company........17.18

43,367

2. Intact Financial Corporation ...............................17.47

7,239

2. Allianz Global Risks US Insurance Company........20.18 17,757

3. Temple Insurance Company (The).........................9.59

24,222

3. Capitale assurances générales inc. ....................15.03

6,231

3. Northbridge Financial Corporation.......................12.74 11,214

4. Westport Insurance Corporation............................8.85

22,333

4. Guarantee Company of North America..................4.41

1,827

4. Chubb Group........................................................8.32 7,321

5. AIG Insurance Company of Canada.......................8.01

20,237

5. Echelon Financial Group........................................1.22

507

87,999

6. National Liability & Fire Insurance Company..........4.93

12,459

6. Co-operators - Group............................................0.25

102

7. Northbridge Financial Corporation.........................4.72

11,909

7. Industrial Alliance Auto and Home Insurance Inc...0.00

8. XL Specialty Insurance Company..........................3.18

8,033

8. Shipowners’ Mutual Protection and Indemnity Assoc.....0.00

9. Mitsui Sumitomo Insurance Company, Limited......2.04

5,150

41,445

10. Intact Financial Corporation .................................1.63

4,106

11. Liberty Mutual Insurance Company.......................1.44

3,644

12 Chubb Group........................................................1.30

3,293

BOILER & MACHINERY*

13. International Insurance Company of Hannover SE...1.11

2,800

14. Starr Insurance & Reinsurance Limited.................0.33

838

15. Berkley Insurance Company..................................0.33

821

1. FM Global - Group...............................................16.64

16. Old Republic Insurance Company of Canada.........0.25

643

17. SGI CANADA.........................................................0.02

EQUIPMENT WARRANTY

% of DWP Market ($000)

1. Millennium Insurance Corporation.......................65.53

90,079

2. Trisura Guarantee Insurance Company................20.68

28,421

3. Motors Insurance Corporation...............................9.52

13,082

4. Lloyd’s Underwriters.............................................3.40

4,677

73,081

5. Virginia Surety Company Inc.................................0.80

1,102

2. RSA Canada Group ............................................12.69

55,718

6. First North American Insurance Company.............0.07

3. Intact Financial Corporation ...............................10.39

45,624

137,455

252,491

4. Aviva Canada Group..............................................9.55

41,936

5. Lloyd’s Underwriters.............................................9.26

40,672

6. Boiler Inspection and Insurance Co of Canada..........7.29

32,016

7. Zurich Insurance Company Ltd..............................4.48

19,687

8. AIG Insurance Company of Canada.......................4.04

17,728

MARINE

% of DWP Market ($000)

FIDELITY % of DWP Market ($000)

9. Wawanesa Mutual Insurance Company (The)........2.93

12,875

1. Chubb Group......................................................19.58 22,069

1. RSA Canada Group ............................................14.52

57,213

10. Allianz Global Risks US Insurance Company..........2.89

12,690

2. Guarantee Company of North America (The)........13.75 15,504

2. Lloyd’s Underwriters...........................................12.59

49,595

11. Northbridge Financial Corporation.........................2.43

10,656

3. AIG Insurance Company of Canada.....................10.92 12,315

3. Aviva Canada Group ...........................................11.94

47,041

12 Travelers - Group..................................................2.36

10,348

4. Lloyd’s Underwriters...........................................10.64 11,994

4. Intact Financial Corporation..................................8.87

34,942

13. Chubb Group........................................................2.30

10,100

5. Travelers - Group................................................10.27 11,573

5. Continental Casualty Company..............................8.13

32,016

14. Economical Mutual Insurance Company................2.12

9,319

6. Co-operators - Group............................................7.82 8,813

6. Northbridge Financial Corporation.........................7.75

30,544

15. Co-operators - Group............................................2.06

9,035

7. Liberty Mutual Insurance Company.......................6.84 7,711

7. AIG Insurance Company of Canada.......................7.63

30,065

16. SGI CANADA.........................................................1.68

7,383

8. Desjardins General Insurance Group Inc. ..............3.08 3,467

8. Sunderland Marine Insurance (Canada).................4.81

18,955

17. Gore Mutual Insurance Company..........................0.91

4,000

9. RSA Canada Group ..............................................2.93 3,305

9. Allianz Global Risks US Insurance Company..........3.63

14,308

18. Trisura Guarantee Insurance Company..................0.84

3,677

10. Trisura Guarantee Insurance Company..................2.19 2,470

10. Co-operators - Group............................................3.21

12,632

19. Temple Insurance Company (The).........................0.83

3,654

11. Northbridge Financial Corporation.........................1.99 2,240

11. Chubb Group........................................................2.81

11,078

20. Continental Casualty Company..............................0.75

3,311

12 Economical Mutual Insurance Company................1.96 2,215

12 Travelers - Group..................................................2.61

10,278

21. Desjardins General Insurance Group Inc................0.67

2,923

13. Great American Insurance Company.....................1.91 2,151

13. Zurich Insurance Company Ltd..............................2.05

8,087

22. Ecclesiastical Insurance Office plc........................0.53

2,337

14. Zurich Insurance Company Ltd..............................1.15 1,296

14. Desjardins General Insurance Group Inc. ..............1.99

7,844

23. Wynward Insurance Group....................................0.53

2,322

15. Intact Financial Corporation .................................1.03 1,163

15. Liberty Mutual Insurance Company.......................1.70

6,702

24. National Liability & Fire Insurance Company..........0.28

1,214

16. Ontario School Boards’ Insurance Exchange.........0.90 1,012

16. Great American Insurance Company.....................1.63

6,411

25. Optimum - Group..................................................0.23

1,031

17. Aviva Canada Group..............................................0.82 921

17. HDI Global SE Canada Branch...............................0.78

3,054

26. Heartland Farm Mutual Inc....................................0.21

902

18. Arch Insurance Canada Ltd...................................0.70 789

18. International Insurance Company of Hannover SE... 0.70

2,776

27. Guarantee Company of North America (The)..........0.20

871

19. Continental Casualty Company..............................0.57 642

19. XL Specialty Insurance Company..........................0.66

2,594

28. Groupe Estrie-Richelieu Compagnie D’Assurance (Le)... 0.15

678

20. Berkley Insurance Company..................................0.33 371

20. FM Global - Group.................................................0.45

1,784

29. Everest Insurance Company of Canada.................0.15

650

21. Municipal Electric Assoc. Reciprocal Ins. Exchange.....0.15 167

21. Starr Insurance & Reinsurance Limited.................0.38

1,502

30. Mitsui Sumitomo Insurance Company, Limited......0.10

450

22. Tokio Marine & Nichido Fire Insurance Co.............0.12 138

22. Berkley Insurance Company..................................0.29

1,155

31. Mutual Fire Insurance Company of B.C. (The)........0.09

414

23. Mitsui Sumitomo Insurance Company, Limited......0.09 96

23. Westport Insurance Corporation............................0.18

713

32. Saskatchewan Mutual Insurance Company...........0.08

359

24. SGI CANADA.........................................................0.08 87

24. Sompo Japan Nipponkoa Insurance Inc.................0.17

684

33. Ontario School Boards’ Insurance Exchange.........0.08

356

25. Sompo Japan Nipponkoa Insurance Inc.................0.07 74

25. Tokio Marine & Nichido Fire Insurance Co.............0.17

680

34. Mennonite Mutual Fire Insurance Company...........0.06

252

26. Triton Insurance Company....................................0.04 46

26. SCOR UK Company Limited...................................0.16

650

35. Echelon Financial Group........................................0.05

204

27. Optimum - Group..................................................0.03 34

27. Mitsui Sumitomo Insurance Company, Limited......0.13

525

36. Great American Insurance Company.....................0.05

203

28. Hartford Fire Insurance Company..........................0.02 25

28. Associated Electric & Gas Insurance Services.......0.03

100

37. Berkley Insurance Company..................................0.04

181

29. International Insurance Company of Hannover SE...0.02 19

29. National Liability & Fire Insurance Company..........0.01

38. Tokio Marine & Nichido Fire Insurance Co.............0.04

161

30. Saskatchewan Mutual Insurance Company...........0.01 16

393,957

39. Millennium Insurance Corporation.........................0.02

108

31. Western Surety Company......................................0.00 5

40. Sompo Japan Nipponkoa Insurance Inc.................0.02

112,728

41. Hartford Fire Insurance Company..........................0.00

439,205

TITLE

% of DWP Market ($000)

1. First American - Group........................................49.64 158,591 2. Stewart Title Guaranty Company.........................37.60 120,144 3. Chicago Title Insurance Company.......................10.73 34,268 4. Lawyers’ Professional Indemnity Company...........2.04 6,507 319,510 *Excluding equipment warranty 52

Canadian Underwriter

LIABILITY

LIABILITY (CONTINUED) % of DWP Market ($000)

CREDIT % of DWP Market ($000)

% of DWP Market ($000)

1. Lloyd’s Underwriters...........................................21.98 1,253,934

64. SCOR UK Company Limited...................................0.03 1,978

1. Euler Hermes North America Insurance Co..........43.41

47,349

2. Intact Financial Corporation .................................9.69 552,614

65. Kings Mutual Insurance Company (The)................0.03 1,545

2. Compagnie Française d’Assurance.....................30.11

32,840

3. Aviva Canada Group..............................................6.33 360,783

66 Mennonite Mutual Fire Insurance Company...........0.02 1,275

3. AIG Insurance Company of Canada.....................10.96

11,956

4. Chubb Group........................................................5.80 330,761

67. Jewelers Mutual Insurance Company....................0.02 1,181

4. Lloyd’s Underwriters.............................................6.34

6,910

5. AIG Insurance Company of Canada.......................5.70 325,369

68. Antigonish Farmers’ Mutual Insurance Company.....0.02 895

5. Guarantee Company of North America (The)..........4.45

4,856

6. Zurich Insurance Company Ltd..............................4.56 259,929

69. Sentry Insurance a Mutual Company.....................0.01 784

6. XL Specialty Insurance Company..........................3.75

4,088

7. Co-operators - Group............................................4.48 255,575

70. MAX Canada Insurance Company.........................0.01 778

7. Allied World Specialty Insurance Company............0.67

732

8. Northbridge Financial Corporation.........................4.16 237,429

71. Millennium Insurance Corporation.........................0.01 683

8. Starr Insurance & Reinsurance Limited.................0.25

270

9. RSA Canada Group ..............................................3.46 197,307

72. T.H.E. Insurance Company....................................0.01 564

9. Great American Insurance Company.....................0.06

10. Travelers - Group..................................................3.16 180,386

73. Algoma Mutual Insurance Company......................0.01 536

109,068

11. Liberty Mutual Insurance Company.......................2.94 167,422

74. Clare Mutual Insurance Company..........................0.01 360

12 Economical Mutual Insurance Company................2.68 152,826

75. Cherokee Insurance Company...............................0.00 209

13. Lawyers’ Professional Indemnity Company...........2.05 116,822

76. CAA Insurance Company.......................................0.00 1

CREDIT PROTECTION

14. Continental Casualty Company..............................1.71 97,720

5,703,870

15. Allianz Global Risks US Insurance Company..........1.51 85,918 16. XL Specialty Insurance Company..........................1.47 83,785

1. American Bankers Insurance Company of Florida... 92.14

152,955

2. Arch Insurance Canada Ltd...................................3.96

6,571

% of DWP Market ($000) 1. American Bankers Insurance Company of Florida... 19.91 176,059

3. Legacy General Insurance Company.....................2.42

4,013

4. Trisura Guarantee Insurance Company..................0.71

1,175

5. Millennium Insurance Corporation.........................0.60

996

2. Co-operators - Group..........................................14.56

128,788

6. SGI CANADA.........................................................0.18

301

3. RSA Canada Group ............................................12.65

111,882

166,011

4. RBC Insurance Company of Canada....................11.80

104,361

5. AIG Insurance Company of Canada.....................10.83

95,780

6. Lloyd’s Underwriters.............................................5.89

52,095

7. Old Republic Insurance Company of Canada.........5.69

50,315

8. Orion Travel Insurance Company...........................4.83

42,709

9. Triton Insurance Company....................................3.70

32,686

1. Intact Financial Corporation ...............................18.78 107,280

10. Berkley Insurance Company..................................3.26

28,835

2. Aviva Canada Group............................................16.44 93,956

11. Chubb Group........................................................2.47

21,802

3. Guarantee Company of North America (The)........12.20 69,695

12 Allianz Global Risks US Insurance Company..........2.31

20,428

4. Travelers - Group................................................10.85 61,978

13. Legacy General Insurance Company.....................0.63

5,612

5. Zurich Insurance Company Ltd..............................7.95 45,415

14. CAA Insurance Company.......................................0.20

1,796

6. Trisura Guarantee Insurance Company..................7.49 42,776

15. Allstate Insurance Company of Canada.................0.18

1,554

7. Lloyd’s Underwriters.............................................5.10 29,126

16. Alberta Motor Association Insurance Company......0.16

1,429

8. Western Surety Company......................................4.33 24,759

17. AssurePro Insurance Company Limited.................0.16

1,396

9. Liberty Mutual Insurance Company.......................4.09 23,393

18. Trisura Guarantee Insurance Company..................0.16

1,373

10. Chubb Group........................................................3.21 18,362

19. BCAA Insurance Corporation.................................0.14

1,254

11. AIG Insurance Company of Canada.......................1.98 11,324

20. Everest Insurance Company of Canada.................0.13

1,129

12 Co-operators - Group............................................1.62 9,253

21. Aviva Canada Group .............................................0.12

1,055

13. Capitale assurances générales inc. (La)................1.59 9,077

22. International Insurance Company of Hannover SE.....0.08

702

14. Continental Casualty Company..............................1.21 6,910

23. Guarantee Company of North America (The)..........0.05

411

15. RSA Canada Group ..............................................0.87 4,944

24. Arch Insurance Canada Ltd...................................0.04

313

16. SGI CANADA.........................................................0.62 3,549

25. Echelon Financial Group........................................0.03

228

17. Echelon Financial Group........................................0.58 3,333

26. Zurich Insurance Company Ltd..............................0.02

133

18. Berkley Insurance Company..................................0.31 1,795

27. Trillium Mutual Insurance Co................................0.01

19. Economical Mutual Insurance Company................0.31 1,761

28. SGI CANADA.........................................................0.01

20. Northbridge Financial Corporation.........................0.11 607

29. Gore Mutual Insurance Company..........................0.00

21. Desjardins General Insurance Group Inc. ..............0.09 491

30. Heartland Farm Mutual Inc....................................0.00

22. Everest Insurance Company of Canada.................0.07 381

31. Northbridge Financial Corporation.........................0.00

23. Hartford Fire Insurance Company..........................0.05 266

32. Commonwell Mutual Insurance Group (The)..........0.00

24. Arch Insurance Canada Ltd...................................0.05 262

33. Ayr Farmers’ Mutual Ins. Co..................................0.00

25. XL Specialty Insurance Company..........................0.03 168

34. Mennonite Mutual Fire Insurance Company...........0.00

26. National Liability & Fire Insurance Company..........0.03 165

884,328

27. Wynward Insurance Group....................................0.03 148

17. Temple Insurance Company (The).........................1.46 83,385

ACCIDENT & SICKNESS

18. Desjardins General Insurance Group Inc. ..............1.38 78,450

19. Motors Insurance Corporation...............................1.23 70,227 20. Guarantee Company of North America (The)..........1.05 59,785 21. Everest Insurance Company of Canada.................1.05 59,760 22. Wawanesa Mutual Insurance Company (The)........0.88 50,234 23. SGI CANADA.........................................................0.87 49,779 24. Berkley Insurance Company..................................0.84 47,679 25. Westport Insurance Corporation............................0.83 47,259 26. International Insurance Company of Hannover SE..... 0.74 41,941 27. Trisura Guarantee Insurance Company..................0.66 37,736 28. Gore Mutual Insurance Company..........................0.63 35,831 29. Arch Insurance Canada Ltd...................................0.63 35,773 30. Ecclesiastical Insurance Office plc........................0.45 25,765 31. Ontario School Boards’ Insurance Exchange.........0.42 24,208 32. National Liability & Fire Insurance Company..........0.40 23,047 33. Wynward Insurance Group....................................0.40 22,903 34. Great American Insurance Company.....................0.32 18,506 35. Optimum - Group..................................................0.31 17,837 36. Capitale assurances générales inc. (La)................0.29 16,470 37. Security National Insurance Company...................0.27 15,528 38. Ironshore Insurance Ltd........................................0.25 14,328 39. HDI Global SE Canada Branch...............................0.23 13,209 40. Commonwell Mutual Insurance Group (The)..........0.21 12,115 41. Associated Electric & Gas Insurance Services Limited... 0.20 11,424 42. Electric Insurance Company..................................0.19 10,861 43. Old Republic Insurance Company of Canada.........0.17 9,845 44. Heartland Farm Mutual Inc....................................0.16 8,873 45. Echelon Financial Group........................................0.13 7,625 46. Municipal Electric Association Reciprocal Ins. Exchange....0.13 7,515 47. Portage la Prairie Mutual Insurance Company.......0.12 6,977 48. Red River Valley Mutual Ins. Company..................0.12 6,877 49. Mutual Fire Insurance Company of B.C. (The)........0.11 6,181 50. Saskatchewan Mutual Insurance Company...........0.10 5,976 51. Mitsui Sumitomo Insurance Company, Limited......0.10 5,508 52. Groupe Estrie-Richelieu Compagnie D’Assurance (Le)...0.10 5,463 53. Starr Insurance & Reinsurance Limited.................0.10 5,437 54. Allied World Specialty Insurance Company............0.09 5,302 55. Trillium Mutual Insurance Co................................0.09 5,071 56. Hartford Fire Insurance Company..........................0.08 4,322 57. Tokio Marine & Nichido Fire Insurance Co.............0.07 4,190 58. Virginia Surety Company Inc.................................0.05 2,999 59. Prince Edward Island Mutual Insurance Co............0.05 2,999 60. Technology Insurance Company, Inc.....................0.05 2,688

% of DWP Market ($000)

SURETY

% of DWP Market ($000)

28. Great American Insurance Company.....................0.01 85 29. Westport Insurance Corporation............................0.01 45 30. CorePointe Insurance Company............................0.01 45 31. Mitsui Sumitomo Insurance Company, Limited......0.00 3 32. Optimum - Group..................................................0.00 1 571,353

61. Ayr Farmers’ Mutual Ins. Co..................................0.04 2,301 62. Omega General Insurance Company.....................0.04 2,263 63. Sompo Japan Nipponkoa Insurance Inc.................0.04 2,049 2017 STATISTICAL GUIDE 53

THE RANKINGS: PROVINCIAL

Total Business 2016: The Leaders by Direct Written Premiums ($000)* Newfoundland

1. Intact Financial Corporation ......................................197,609 2. RSA Canada Group ..................................................156,120 3. Aviva Canada Group .................................................131,849 4. Co-operators - Group..................................................87,917 5. Security National Insurance Company.........................46,924 6. Lloyd’s Underwriters....................................................33,550 7. Northbridge Financial Corporation...............................30,241 8. Travelers - Group.........................................................28,093 9. AIG Insurance Company of Canada............................12,794 10. FM Global - Group.......................................................10,186 11. Desjardins General Insurance Group Inc. ...................... 9,041 12. American Bankers Ins. Company of Florida.....................6,728 13. Zurich Insurance Company Ltd...................................... 6,059 14. Chubb Group................................................................. 5,423 15. Temple Insurance Company (The)................................. 3,186 16. Guarantee Company of North America (The)......................2,605 17. Ecclesiastical Insurance Office plc.................................. 2,541 18. Liberty Mutual Insurance Company............................... 2,260 19. First American - Group................................................... 2,195 20. Economical Mutual Insurance Company........................ 2,090 21. Allianz Global Risks US Insurance Company.................... 2,030 22. Triton Insurance Company............................................. 2,011 23. Wynward Insurance Group............................................ 1,632 24. Trisura Guarantee Insurance Company.......................... 1,495 25. Western Surety Company.............................................. 1,458 26. XL Specialty Insurance Company.................................. 1,363 27. Westport Insurance Corporation.................................... 1,160 28. Old Republic Insurance Company of Canada..................... 1,143 29. International Insurance Company of Hannover SE.......................1,066 30. National Liability & Fire Insurance Company........................ 1,031

Prince Edward Island

1. Co-operators - Group..................................................22,905 2. Prince Edward Island Mutual Insurance Co.....................22,765 3. Aviva Canada Group ...................................................19,701 4. Travelers - Group.........................................................16,784 5. Wawanesa Mutual Insurance Company (The)................... 11,733 6. Echelon Financial Group..............................................11,663 7. Security National Insurance Company.........................11,320 8. Intact Financial Corporation .......................................... 8,756 9. RSA Canada Group....................................................... 8,324 10. Lloyd’s Underwriters...................................................... 8,268 11. Economical Mutual Insurance Company........................ 6,131 12. Northbridge Financial Corporation................................. 5,462 13. Desjardins General Insurance Group Inc. ...................... 4,683 14. Portage la Prairie Mutual Insurance Company (The)........................... 3,896 15. AIG Insurance Company of Canada.............................. 2,633 16. Westport Insurance Corporation.................................... 2,050 17. American Bankers Insurance Company of Florida...........................1,643 18. CAA Insurance Company.............................................. 1,586 19. FM Global - Group......................................................... 1,188 20. Chubb Group.................................................................... 836 21. Guarantee Company of North America (The)..........................778 22. Ecclesiastical Insurance Office plc..................................... 753 23. Temple Insurance Company (The).................................... 702 24. First American - Group...................................................... 629 25. Allianz Global Risks US Insurance Company.................... 551 26. Trisura Guarantee Insurance Company............................. 451 27. Sunderland Marine Insurance Company Limited [Canada Branch]..... 414 28. Wynward Insurance Group............................................... 412 29. Stewart Title Guaranty Company...................................... 366 30. Orion Travel Insurance Company...................................... 266

Nova Scotia

1. Intact Financial Corporation ......................................188,010 2. Aviva Canada Group .................................................148,139 3. RSA Canada Group...................................................138,753 4. Security National Insurance Company.......................106,569 5. Co-operators - Group..................................................82,492 6. Wawanesa Mutual Insurance Company (The)........................ 74,550 7. Economical Mutual Insurance Company......................61,939 8. Lloyd’s Underwriters....................................................49,906 9. Travelers - Group.........................................................48,920 10. Allstate Insurance Company of Canada.......................47,203 11. Desjardins General Insurance Group Inc......................33,614 12. Portage la Prairie Mutual Insurance Company (The).....32,285

13. Northbridge Financial Corporation...............................28,245 14. Echelon Financial Group..............................................24,912 15. AIG Insurance Company of Canada............................20,297 16. American Bankers Insurance Company of Florida.......12,742 17. Kings Mutual Insurance Company (The).......................11,024 18. Guarantee Company of North America (The).......................7,689 19. Chubb Group................................................................. 6,378 20. Antigonish Farmers’ Mutual Insurance Co........................6,117 21. Ecclesiastical Insurance Office plc.................................. 5,892 22. Zurich Insurance Company Ltd...................................... 5,828 23. Temple Insurance Company (The)................................. 5,291 24. Allianz Global Risks US Insurance Co............................ 4,777 25. Wynward Insurance Group............................................ 4,756 26. FM Global - Group......................................................... 4,600 27. CAA Insurance Company.............................................. 4,344 28. Continental Casualty Company...................................... 4,037 29. Arch Insurance Canada Ltd........................................... 3,360 30. Clare Mutual Insurance Company.................................. 3,029

New Brunswick

1. Wawanesa Mutual Insurance Company (The).................108,087 2. Aviva Canada Group .................................................103,240 3. Intact Financial Corporation ........................................96,144 4. Co-operators - Group.................................................. 73,176 5. Economical Mutual Insurance Company...................... 70,179 6. Desjardins General Insurance Group Inc. .................... 69,151 7. RSA Canada Group..................................................... 66,766 8. Security National Insurance Company......................... 65,307 9. Allstate Insurance Company of Canada....................... 61,157 10. Liberty Mutual Insurance Company............................. 56,718 11. Lloyd’s Underwriters.................................................... 43,875 12. Northbridge Financial Corporation............................... 29,334 13. Travelers - Group......................................................... 25,169 14. AIG Insurance Company of Canada............................ 16,981 15. FM Global - Group....................................................... 11,882 16. Echelon Financial Group.............................................. 11,414 17. Portage la Prairie Mutual Insurance Co. (The).......................11,017 18. Chubb Group................................................................. 9,094 19. Guarantee Company of North America (The)......................8,146 20. American Bankers Insurance Company of Florida....................7,747 21. Temple Insurance Company (The)................................. 4,991 22. Zurich Insurance Company Ltd...................................... 4,977 23. CAA Insurance Company.............................................. 4,888 24. Ecclesiastical Insurance Office plc.................................. 4,375 25. Wynward Insurance Group............................................ 3,643 26. Allianz Global Risks US Insurance Company.......................3,173 27. Westport Insurance Corporation.................................... 3,173 28. First American - Group................................................... 3,026 29. Continental Casualty Company...................................... 2,771 30. Trisura Guarantee Insurance Company.......................... 2,234

Québec

1. Intact Financial Corporation ....................................2,211,202 2. Desjardins General Insurance Group Inc. ...................1,363,819 3. Capitale assurances générales inc. (La).....................798,521 4. Aviva Canada Group .................................................433,164 5. Lloyd’s Underwriters..................................................395,672 6. RSA Canada Group...................................................325,113 7. Industrial Alliance Auto and Home Insurance Inc................271,466 8. Northbridge Financial Corporation.............................246,224 9. SSQ Insurance Company Inc.....................................227,033 10. Security National Insurance Company.......................183,750 11. AIG Insurance Company of Canada..........................162,170 12. Chubb Group.............................................................137,501 13. Economical Mutual Insurance Company....................135,632 14. Co-operators - Group................................................129,119 15. Zurich Insurance Company Ltd..................................122,891 16. Allstate Insurance Company of Canada.......................98,286 17. FM Global - Group.......................................................94,802 18. Wawanesa Mutual Insurance Company (The)......................78,080 19. Allianz Global Risks US Insurance Co..........................67,457 20. American Bankers Insurance Company of Florida.............60,542 21. Guarantee Company of North America (The).......................56,773 22. Travelers - Group.........................................................51,010 23. Groupe Estrie-Richelieu Compagnie D’Assurance ......50,333 24. Continental Casualty Company....................................36,273 25. Liberty Mutual Insurance Company.............................33,024

26. Temple Insurance Company (The)...............................32,838 27. Optimum - Group........................................................30,695 28. Echelon Financial Group..............................................27,605 29. Everest Insurance Company of Canada.......................25,308 30. Westport Insurance Corporation..................................21,219

Ontario

1 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23 24. 25. 26. 27. 28. 29. 30.

Intact Financial Corporation.............................................3,350,578 Aviva Canada Group.......................................................2,581,436 Desjardins General Insurance Group Inc.........................2,564,418 Security National Insurance Company.............................1,712,045 Co-operators - Group......................................................1,360,170 Economical Mutual Insurance Company.........................1,232,094 RSA Canada Group.........................................................1,152,377 Allstate Insurance Company of Canada..........................1,063,550 Travelers - Group................................................................982,944 Lloyd’s Underwriters...........................................................801,071 Wawanesa Mutual Insurance Company (The)....................612,635 Northbridge Financial Corporation......................................576,021 Chubb Group.....................................................................487,662 AIG Insurance Company of Canada...................................430,675 Zurich Insurance Company Ltd..........................................326,233 Gore Mutual Insurance Company.......................................323,171 Guarantee Company of North America (The).....................256,158 CAA Insurance Company...................................................182,254 American Bankers Insurance Company of Florida.............176,627 Commonwell Mutual Insurance Group (The)......................135,399 Allianz Global Risks US Insurance Company......................128,138 FM Global - Group..............................................................123,916 .Lawyers’ Professional Indemnity Company.......................123,159 Capitale assurances générales inc. (La)..............................119,586 Heartland Farm Mutual Inc.................................................116,688 First American - Group.......................................................106,351 Old Republic Insurance Company of Canada....................103,585 Continental Casualty Company............................................98,686 Stewart Title Guaranty Company..........................................96,814 Liberty Mutual Insurance Company......................................89,254

Manitoba

1. Wawanesa Mutual Insurance Company (The)............132,534 2. Red River Valley Mutual Ins. Company.........................89,780 3. Aviva Canada Group ...................................................87,126 4. Intact Financial Corporation ........................................79,044 5. Lloyd’s Underwriters....................................................77,061 6. Co-operators - Group..................................................66,051 7. Portage la Prairie Mutual Insurance Company (The).....56,743 8. AIG Insurance Company of Canada............................31,227 9. SGI CANADA...............................................................24,850 10. Northbridge Financial Corporation...............................24,400 11. RSA Canada Group.....................................................23,041 12. Travelers - Group.........................................................17,719 13. Peace Hills General Insurance Company.....................17,071 14. Zurich Insurance Company Ltd....................................16,788 15. American Bankers Insurance Company of Florida.......16,411 16. Chubb Group...............................................................15,093 17. Continental Casualty Company....................................15,015 18. Wynward Insurance Group..........................................12,899 19. FM Global - Group.......................................................12,235 20. Economical Mutual Insurance Company......................10,645 21. Allianz Global Risks US Insurance Company...............10,003 22. Saskatchewan Mutual Insurance Company................... 8,197 23. Co-operative Hail Insurance Company Ltd.................... 7,951 24. Desjardins General Insurance Group Inc. ...................... 7,819 25. Westport Insurance Corporation.................................... 7,683 26. Optimum - Group.......................................................... 7,536 27. Security National Insurance Company........................... 7,417 28. Temple Insurance Company (The)................................. 6,994 29. Allied World Specialty Insurance Company.................... 5,915 30. Trisura Guarantee Insurance Company.......................... 5,765

Saskatchewan 1. 2. 3. 4. 5. 6.

SGI CANADA.............................................................491,495 Wawanesa Mutual Insurance Company (The)..................143,448 Co-operators - Group................................................110,006 Lloyd’s Underwriters....................................................72,390 Northbridge Financial Corporation...............................52,213 Aviva Canada Group ...................................................51,636

*Excludes life and purely A&S companies 54

Canadian Underwriter

7. Saskatchewan Mutual Insurance Co............................45,346 8. Co-operative Hail Insurance Company Ltd.....................43,756 9. AIG Insurance Company of Canada............................29,825 10. RSA Canada Group.....................................................20,508 11. Mennonite Mutual Fire Insurance Co............................20,144 12. Intact Financial Corporation ........................................19,905 13. Chubb Group...............................................................17,808 14. Zurich Insurance Company Ltd....................................17,690 15. Wynward Insurance Group..........................................17,584 16. Allianz Global Risks US Insurance Co..........................16,857 17. American Bankers Insurance Company of Florida.......15,080 18. FM Global - Group.......................................................13,438 19. Travelers - Group.........................................................10,581 20. Portage la Prairie Mutual Insurance Company (The).....10,351 21. Continental Casualty Company...................................... 8,014 22. Peace Hills General Insurance Company....................... 7,571 23. Red River Valley Mutual Ins. Company........................... 7,517 24. Millennium Insurance Corporation.................................. 7,301 25. Temple Insurance Company (The)................................. 6,850 26. Trisura Guarantee Insurance Company.......................... 6,358 27. Economical Mutual Insurance Company........................ 5,575 28. Westport Insurance Corporation.................................... 5,153 29. Western Surety Company.............................................. 4,752 30. Security National Insurance Company........................... 4,748

Alberta

1. Intact Financial Corporation ...................................1,469,216 2. Wawanesa Mutual Insurance Company (The)............916,253 3. Security National Insurance Company.......................842,762 4. Co-operators - Group................................................701,099 5. Aviva Canada Group .................................................682,438 6. Lloyd’s Underwriters..................................................474,910 7. RSA Canada Group...................................................455,470 8. Desjardins General Insurance Group Inc. ..................396,256 9. CAA - Alberta Motor Association Insurance Company... 285,382 10. Economical Mutual Insurance Co..............................266,630 11. AIG Insurance Company of Canada..........................240,958 12. Northbridge Financial Corporation.............................238,385 13. Travelers - Group.......................................................202,572 14. Peace Hills General Insurance Company...................157,271 15. Allstate Insurance Company of Canada.....................156,069 16. Chubb Group.............................................................137,565 17. SGI CANADA.............................................................126,061 18. Zurich Insurance Company Ltd..................................120,548 19. Millennium Insurance Corporation................................95,611 20. American Bankers Insurance Company of Florida.......82,849 21. Liberty Mutual Insurance Company.............................53,742 22. Continental Casualty Company....................................52,054 23. Allianz Global Risks US Insurance Co..........................51,657 24. Portage la Prairie Mutual Insurance Company (The).....39,841 25. XL Specialty Insurance Company................................36,488 26 .FM Global - Group......................................................34,691 27. Guarantee Company of North America .......................27,972 28 .Temple Insurance Company (The)..............................25,787 29. Westport Insurance Corporation..................................24,512 30. Echelon Financial Group..............................................21,576

British Columbia

1. Lloyd’s Underwriters..................................................711,538 2. Intact Financial Corporation ......................................550,580 3. RSA Canada Group...................................................400,396 4. Aviva Canada Group .................................................311,024 5. Economical Mutual Insurance Company....................288,988 6. Wawanesa Mutual Insurance Company (The)............255,715 7. Co-operators - Group................................................194,201 8. CAA - BCAA Insurance Corporation..........................155,012 9. Northbridge Financial Corporation.............................145,021 10. AIG Insurance Company of Canada..........................142,487 11. Chubb Group.............................................................124,136 12. Travelers - Group.......................................................105,751 13. Zurich Insurance Company Ltd....................................91,247 14. Gore Mutual Insurance Company................................81,437 15. Allianz Global Risks US Insurance Co..........................72,593 16. American Bankers Insurance Company of Florida.......65,266 17. Optimum - Group........................................................61,714 18. FM Global - Group.......................................................56,140 19. Mutual Fire Insurance Company of B.C. (The)..............53,105

20 .Peace Hills General Insurance Company....................43,323 21. Continental Casualty Company....................................42,563 22. Security National Insurance Company.........................35,702 23. Westport Insurance Corporation..................................33,253 24. Temple Insurance Company (The)...............................29,911 25. Liberty Mutual Insurance Company.............................29,353 26 .Millennium Insurance Corporation...............................27,762 27. International Insurance Company of Hannover SE.......27,636 28. Trisura Guarantee Insurance Company........................23,169 29. Echelon Financial Group..............................................22,587 30. Guarantee Company of North America (The)...............22,320

Yukon Territory

1. Security National Insurance Company.........................11,912 2 Lloyd’s Underwriters...................................................... 8,301 3. Co-operators - Group.................................................... 7,836 4. Aviva Canada Group ..................................................... 7,690 5. Wawanesa Mutual Insurance Company (The)................ 7,178 6. RSA Canada Group....................................................... 5,332 7. Intact Financial Corporation .......................................... 5,136 8. AIG Insurance Company of Canada.............................. 2,044 9. Peace Hills General Insurance Company....................... 1,987 10. Allianz Global Risks US Insurance Company....................1,898 11. Northbridge Financial Corporation................................. 1,601 12. Desjardins General Insurance Group Inc. ...................... 1,218 13. Travelers - Group........................................................... 1,005 14. Chubb Group.................................................................... 918 15. American Bankers Insurance Company of Florida............ 850 16. Zurich Insurance Company Ltd......................................... 521 17. Westport Insurance Corporation....................................... 354 18. Trisura Guarantee Insurance Company............................. 350 19. Temple Insurance Company (The).................................... 289 20. Triton Insurance Company................................................ 222 21. Wynward Insurance Group............................................... 212 22. First American - Group...................................................... 185 23. Associated Electric & Gas Insurance Services Limited...... 162 24. RBC Insurance Company of Canada................................ 151 25. Starr Insurance & Reinsurance Limited............................. 147 26. Economical Mutual Insurance Company........................... 142 27. Liberty Mutual Insurance Company.................................. 137 28. Arch Insurance Canada Ltd.............................................. 125 29. XL Specialty Insurance Company..................................... 123 30. Allied World Specialty Insurance Company....................... 116

Nunavut

1. Lloyd’s Underwriters...................................................... 9,279 2. RSA Canada Group....................................................... 3,366 3. Travelers - Group........................................................... 2,399 4. AIG Insurance Company of Canada.............................. 2,316 5. Northbridge Financial Corporation................................. 2,300 6. Intact Financial Corporation .......................................... 2,212 7. Westport Insurance Corporation.................................... 1,558 8. Aviva Canada Group ..................................................... 1,501 9. Security National Insurance Company........................... 1,322 10. Chubb Group................................................................. 1,155 11 .Peace Hills General Insurance Company......................... 845 12. Allianz Global Risks US Insurance Company.................... 746 13. Temple Insurance Company (The).................................... 746 14. American Bankers Insurance Company of Florida............ 723 15. Co-operators - Group....................................................... 627 16. Continental Casualty Company......................................... 514 17. Zurich Insurance Company Ltd......................................... 422 18. Desjardins General Insurance Group Inc. ......................... 387 19. International Insurance Company of Hannover SE............ 288 20. FM Global - Group............................................................ 232 21. XL Specialty Insurance Company..................................... 166 22. Economical Mutual Insurance Company........................... 122 23. Ecclesiastical Insurance Office plc..................................... 121 24. First American - Group........................................................ 93 25. Wawanesa Mutual Insurance Company (The)..................... 65 26. Everest Insurance Company of Canada.............................. 58 27. National Liability & Fire Insurance Company........................ 53 28. Guarantee Company of North America (The)...................... 52 29. Arch Insurance Canada Ltd................................................ 48 30. Allstate Insurance Company of Canada.............................. 37

Notes:

Northwest Territories

1. Aviva Canada Group ...................................................14,665 2. Intact Financial Corporation ........................................11,702 3. Zurich Insurance Company Ltd...................................... 9,998 4. Security National Insurance Company........................... 8,577 5. Lloyd’s Underwriters...................................................... 6,466 6. Co-operators - Group.................................................... 6,442 7. RSA Canada Group....................................................... 4,048 8. Northbridge Financial Corporation................................. 3,746 9. Travelers - Group........................................................... 3,326 10. AIG Insurance Company of Canada.............................. 3,138 11. Desjardins General Insurance Group Inc. ...................... 2,142 12. Peace Hills General Insurance Company....................... 1,981 13. Allianz Global Risks US Insurance Co............................ 1,904 14. XL Specialty Insurance Company.................................. 1,057 15. Chubb Group.................................................................... 769 16. Westport Insurance Corporation....................................... 729 17. American Bankers Insurance Company of Florida............ 713 18. Temple Insurance Company (The).................................... 660 19. Electric Insurance Company............................................. 495 20. Continental Casualty Company......................................... 473 21. Western Surety Company................................................. 453 22. Associated Electric & Gas Insurance Services Limited...... 405 23. SCOR UK Company Limited............................................. 323 24 .Wynward Insurance Group.............................................. 307 25. National Liability & Fire Insurance Co................................ 287 26. Ecclesiastical Insurance Office plc..................................... 285 27. Economical Mutual Insurance Company........................... 277 28. Wawanesa Mutual Insurance Company (The)......................... 276 29. RBC Insurance Company of Canada................................ 223 30. Allstate Insurance Company of Canada............................ 216

2017 STATISTICAL GUIDE 55

THE RANKINGS: PROVINCIAL

Property 2016: The Leaders by Direct Written Premiums ($000) British Columbia

Newfoundland

Ontario

1. Intact Financial Corporation ......................................926,669 2. Aviva Canada Group .................................................698,854 3. Desjardins General Insurance Group Inc. ..................614,292 4. Security National Insurance Company.......................507,030 5. Co-operators - Group................................................430,837 6. RSA Canada Group...................................................378,951 7. Economical Mutual Insurance Company....................336,038 8. Travelers - Group.......................................................279,559 9. Allstate Insurance Company of Canada.....................229,525 10. Lloyd’s Underwriters..................................................225,491 11. Chubb Group.............................................................198,130 12 .Wawanesa Mutual Insurance Company (The)...........182,931 13. Northbridge Financial Corporation.............................181,504 14. AIG Insurance Company of Canada..........................130,567 15. Gore Mutual Insurance Company..............................106,337

1. Lloyd’s Underwriters..................................................393,119 2. Intact Financial Corporation ......................................372,192 3. RSA Canada Group...................................................294,595 4. Aviva Canada Group .................................................243,022 5. Wawanesa Mutual Insurance Company (The)............242,880 6. BCAA Insurance Corporation.....................................151,515 7. Economical Mutual Insurance Company....................148,756 8. Co-operators - Group................................................125,812 9. Northbridge Financial Corporation...............................91,747 10. AIG Insurance Company of Canada............................85,966 11. Chubb Group...............................................................82,254 12. Travelers - Group.........................................................76,926 13. Gore Mutual Insurance Company................................69,585 14. Optimum - Group........................................................54,065 15. Allianz Global Risks US Insurance Co..........................51,918

Prince Edward Island

Manitoba

Yukon Territory

Saskatchewan

Northwest Territories

Alberta

Nunavut

1 Intact Financial Corporation ........................................57,732 2. RSA Canada Group.....................................................54,817 3. Co-operators - Group..................................................37,615 4. Aviva Canada Group ...................................................36,813 5. Lloyd’s Underwriters....................................................15,380 6. Northbridge Financial Corporation...............................11,370 7. Security National Insurance Company.........................11,342 8. Travelers - Group.........................................................10,315 9. FM Global - Group......................................................... 7,375 10. AIG Insurance Company of Canada.............................. 7,259 11. Zurich Insurance Company Ltd...................................... 4,061 12. Desjardins General Insurance Group Inc. ...................... 2,428 13. Ecclesiastical Insurance Office plc.................................. 1,797 14 .Economical Mutual Insurance Company....................... 1,745 15. Temple Insurance Company (The)................................. 1,705

1. Prince Edward Island Mutual Insurance Co..................19,766 2. Co-operators - Group.................................................... 7,886 3. Travelers - Group........................................................... 5,283 4. Aviva Canada Group ..................................................... 5,003 5. Lloyd’s Underwriters...................................................... 4,129 6. Intact Financial Corporation .......................................... 2,983 7. RSA Canada Group....................................................... 2,838 8. Economical Mutual Insurance Company........................ 2,136 9. Westport Insurance Corporation.................................... 2,026 10. Echelon Financial Group................................................ 1,960

Nova Scotia

1. Intact Financial Corporation ........................................79,728 2. RSA Canada Group.....................................................57,359 3. Aviva Canada Group ...................................................52,797 4. Co-operators - Group..................................................36,106 5. Security National Insurance Company.........................32,496 6. Economical Mutual Insurance Company......................26,028 7. Wawanesa Mutual Insurance Company (The)..............23,853 8. Lloyd’s Underwriters....................................................20,782 9. Travelers - Group.........................................................19,725 10. Allstate Insurance Company of Canada.......................15,276 11. Portage la Prairie Mutual Insurance Company (The).....12,346 12. Desjardins General Insurance Group Inc. ....................12,115 13. Northbridge Financial Corporation...............................10,003 14. Kings Mutual Insurance Company (The)......................... 9,479 15. AIG Insurance Company of Canada.............................. 6,095

New Brunswick

1. Intact Financial Corporation ........................................40,935 2. Aviva Canada Group ...................................................35,529 3. Wawanesa Mutual Insurance Company (The)..............32,883 4. Co-operators - Group..................................................30,531 5. RSA Canada Group.....................................................26,940 6. Economical Mutual Insurance Company......................24,595 7. Desjardins General Insurance Group Inc. ....................22,617 8. Lloyd’s Underwriters....................................................18,962 9. Security National Insurance Company.........................18,719 10. Allstate Insurance Company of Canada.......................17,884

Québec

1. Intact Financial Corporation ......................................985,524 2. Desjardins General Insurance Group Inc. ..................697,578 3. Capitale assurances générales inc. (La).....................362,620 4. Aviva Canada Group .................................................178,275 5. RSA Canada Group...................................................146,336 6. Lloyd’s Underwriters..................................................137,010 7. Industrial Alliance Auto and Home Insurance Inc.......114,892 8. Security National Insurance Company.......................100,368 9. SSQ Insurance Company Inc.......................................97,426 10. Northbridge Financial Corporation...............................88,842 11. FM Global - Group.......................................................78,043 12. Zurich Insurance Company Ltd....................................69,268 13. Economical Mutual Insurance Company......................64,972 14. Co-operators - Group..................................................62,624 15. AIG Insurance Company of Canada............................60,813

Canadian Underwriter

1. Wawanesa Mutual Insurance Company (The)............125,465 2. Red River Valley Mutual Ins. Company.........................83,811 3. Aviva Canada Group ...................................................64,810 4. Intact Financial Corporation ........................................64,764 5. Portage la Prairie Mutual Insurance Company (The).....54,537 6. Co-operators - Group..................................................49,966 7. Lloyd’s Underwriters....................................................31,714 8. AIG Insurance Company of Canada............................23,951 9. SGI CANADA...............................................................20,618 10. Peace Hills General Insurance Company.....................17,071 11. Northbridge Financial Corporation...............................14,615 12. RSA Canada Group.....................................................11,812 13. Zurich Insurance Company Ltd....................................10,629 14. Wynward Insurance Group..........................................10,492 15. FM Global - Group......................................................... 9,805

1. SGI CANADA.............................................................290,069 2. Wawanesa Mutual Insurance Company (The)............136,684 3. Co-operators - Group..................................................85,978 4. Northbridge Financial Corporation...............................35,757 5. Lloyd’s Underwriters....................................................35,602 6. Aviva Canada Group ...................................................35,418 7. Saskatchewan Mutual Insurance Co............................33,166 8. AIG Insurance Company of Canada............................23,623 9. Mennonite Mutual Fire Insurance Co............................18,161 10. Wynward Insurance Group..........................................13,908 11. Zurich Insurance Company Ltd....................................11,782 12. RSA Canada Group.....................................................11,686 13. Intact Financial Corporation ........................................11,097 14. Portage la Prairie Mutual Insurance Company (The)....... 9,181 15. FM Global - Group......................................................... 8,834

1. Intact Financial Corporation.......................................448,858 2. Wawanesa Mutual Insurance Company (The)............353,449 3. Security National Insurance Company.......................304,144 4. Co-operators - Group................................................291,944 5. Aviva Canada Group .................................................254,045 6. Lloyd’s Underwriters..................................................195,695 7. RSA Canada Group...................................................170,354 8. AIG Insurance Company of Canada..........................129,583 9. Economical Mutual Insurance Company......................93,362 10. Desjardins General Insurance Group Inc. ....................93,257 11. Northbridge Financial Corporation...............................88,999 12. Alberta Motor Association Insurance Co......................83,556 13. Peace Hills General Insurance Co................................81,397 14. Travelers - Group.........................................................72,282 15. Chubb Group...............................................................53,456

1. Security National Insurance Company........................... 3,704 2. Aviva Canada Group ..................................................... 3,246 3. Co-operators - Group.................................................... 3,199 4. Lloyd’s Underwriters...................................................... 2,745 5. Wawanesa Mutual Insurance Company (The)................ 2,697 6. RSA Canada Group....................................................... 1,791 7. AIG Insurance Company of Canada.............................. 1,566 8. Intact Financial Corporation .......................................... 1,514 9. Allianz Global Risks US Insurance Company.................... 921 10. Peace Hills General Insurance Company.......................... 821 11. Northbridge Financial Corporation.................................... 566 12. Desjardins General Insurance Group Inc. ......................... 326 13. Travelers - Group.............................................................. 289 14 .Wynward Insurance Group.............................................. 164 15. Associated Electric & Gas Insurance Services Limited...... 159

1. Zurich Insurance Company Ltd...................................... 8,200 2. Aviva Canada Group ..................................................... 7,444 3. Intact Financial Corporation .......................................... 4,030 4. Co-operators - Group.................................................... 3,548 5. Security National Insurance Company........................... 2,600 6. AIG Insurance Company of Canada.............................. 2,305 7. Lloyd’s Underwriters...................................................... 2,138 8. Northbridge Financial Corporation................................. 1,928 9. Travelers - Group........................................................... 1,548 10. RSA Canada Group....................................................... 1,318 11. Peace Hills General Insurance Company....................... 1,151 12. Allianz Global Risks US Insurance Company................. 1,138 13. Desjardins General Insurance Group Inc. ......................... 560 14. Temple Insurance Company (The).................................... 431 15. Associated Electric & Gas Insurance Services Limited...... 400

1. Lloyd’s Underwriters...................................................... 5,061 2. Northbridge Financial Corporation................................. 2,009 3. AIG Insurance Company of Canada.............................. 1,589 4. Westport Insurance Corporation.................................... 1,558 5. RSA Canada Group....................................................... 1,542 6. Travelers - Group........................................................... 1,289 7. Chubb Group................................................................. 1,032 8 .Intact Financial Corporation ............................................ 769 9. Peace Hills General Insurance Company.......................... 738 10. Aviva Canada Group ........................................................ 663 11. Temple Insurance Company (The).................................... 586 12. Allianz Global Risks US Insurance Company.................... 452 13. Zurich Insurance Company Ltd......................................... 426 14. Security National Insurance Company.............................. 420 15. Continental Casualty Company......................................... 371

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THE RANKINGS: PROVINCIAL

Automobile 2016: The Leaders by Direct Written Premiums ($000) Newfoundland

1. Intact Financial Corporation ......................................131,165 2. RSA Canada Group ....................................................95,204 3. Aviva Canada Group ...................................................84,501 4. Co-operators - Group..................................................43,881 5. Security National Insurance Company.........................34,886 6. Travelers - Group.........................................................11,457 7. Northbridge Financial Corporation...............................10,726 8. Desjardins General Insurance Group Inc. ...................... 6,611 9. Chubb Group.................................................................... 868 10. Lloyd’s Underwriters......................................................... 531 11. Zurich Insurance Company Ltd......................................... 521 12. Old Republic Insurance Company of Canada................... 367 13. AIG Insurance Company of Canada................................. 346 14. Liberty Mutual Insurance Company.................................. 178 15. American Road Insurance Company (The)........................ 124

Prince Edward Island

1. Aviva Canada Group ...................................................12,737 2. Co-operators - Group..................................................12,400 3. Travelers - Group.........................................................10,602 4. .Wawanesa Mutual Insurance Company (The)............... 9,937 5. Security National Insurance Company........................... 9,893 6. Echelon Financial Group................................................ 9,245 7. Intact Financial Corporation .......................................... 4,442 8. RSA Canada Group ...................................................... 4,015 9. Desjardins General Insurance Group Inc. ...................... 3,791 10. Economical Mutual Insurance Company........................ 3,227 11. Portage la Prairie Mutual Insurance Company (The)....... 3,039 12. Northbridge Financial Corporation................................. 2,264 13. CAA Insurance Company.............................................. 1,379 14. AIG Insurance Company of Canada................................. 449 15. Chubb Group.................................................................... 192

Nova Scotia

1. Intact Financial Corporation ........................................94,978 2 Aviva Canada Group ...................................................80,663 3. Security National Insurance Company.........................74,073 4. RSA Canada Group ....................................................59,954 5. Wawanesa Mutual Insurance Company (The)..............48,898 6. Co-operators - Group..................................................33,447 7. Allstate Insurance Company of Canada.......................31,836 8. Economical Mutual Insurance Company......................30,896 9. Travelers - Group.........................................................23,134 10. Desjardins General Insurance Group Inc. ....................21,497 11. Echelon Financial Group..............................................20,980 12. Portage la Prairie Mutual Insurance Company (The).....18,656 13. Northbridge Financial Corporation...............................10,828 14. CAA Insurance Company.............................................. 2,997 15. Guarantee Company of North America (The)................. 2,198

New Brunswick

1. Wawanesa Mutual Insurance Company (The)..............73,582 2. Aviva Canada Group ...................................................58,553 3. Intact Financial Corporation ........................................48,214 4. Security National Insurance Company.........................46,588 5. Desjardins General Insurance Group Inc. ....................44,878 6. Allstate Insurance Company of Canada.......................43,231 7. Economical Mutual Insurance Company......................40,631 8. Co-operators - Group..................................................33,593 9. RSA Canada Group ....................................................32,302 10. Northbridge Financial Corporation...............................14,050

Québec

1. Intact Financial Corporation ......................................990,530 2. Desjardins General Insurance Group Inc. ..................627,353 3. Capitale assurances générales inc. (La).....................414,877 4. Aviva Canada Group .................................................195,891 5. Industrial Alliance Auto and Home Insurance Inc.......156,572 6. SSQ Insurance Company Inc.....................................129,607 7. Northbridge Financial Corporation...............................85,706 8. Security National Insurance Company.........................82,008 9. RSA Canada Group ....................................................64,970 10. Allstate Insurance Company of Canada.......................58,164 11. Economical Mutual Insurance Company......................54,527

Canadian Underwriter

12 Wawanesa Mutual Insurance Company (The)..............49,699 13. Co-operators - Group..................................................27,279 14. Echelon Financial Group..............................................23,158 15. Lloyd’s Underwriters....................................................12,615

Ontario

1. Intact Financial Corporation ...................................2,168,333 2. Desjardins General Insurance Group Inc. ...............1,903,246 3. Aviva Canada Group ..............................................1,593,248 4. Security National Insurance Company....................1,196,907 5. Allstate Insurance Company of Canada.....................833,153 6. Economical Mutual Insurance Company....................803,160 7. Co-operators - Group................................................758,178 8. RSA Canada Group ..................................................609,124 9. Travelers - Group.......................................................559,601 10. Wawanesa Mutual Insurance Company (The)............415,405 11. Northbridge Financial Corporation.............................297,787 12. Gore Mutual Insurance Company..............................190,422 13. CAA Insurance Company..........................................138,338 14. Guarantee Company of North America (The)...............96,534 15. Echelon Financial Group..............................................84,295

Manitoba

1. Northbridge Financial Corporation................................. 2,295 2. Saskatchewan Mutual Insurance Company................... 1,894 3. Aviva Canada Group ..................................................... 1,245 4. Lloyd’s Underwriters...................................................... 1,071 5. AIG Insurance Company of Canada................................. 664 6. RSA Canada Group ......................................................... 610 7. Chubb Group.................................................................... 490 8. American Road Insurance Company (The)........................ 301 9. Zurich Insurance Company Ltd......................................... 282 10. Intact Financial Corporation ............................................. 258 11. Continental Casualty Company......................................... 258 12. Travelers - Group.............................................................. 241 13. Liberty Mutual Insurance Company.................................. 133 14. Co-operators - Group....................................................... 110 15. Economical Mutual Insurance Company............................. 94

Saskatchewan

1. SGI CANADA.............................................................159,688 2. Saskatchewan Mutual Insurance Company................... 9,219 3. Co-operators - Group.................................................... 7,505 4. Aviva Canada Group ..................................................... 5,212 5. Northbridge Financial Corporation................................. 2,828 6. Lloyd’s Underwriters...................................................... 2,374 7. RSA Canada Group ...................................................... 2,121 8. Intact Financial Corporation .......................................... 1,926 9. Zurich Insurance Company Ltd...................................... 1,879 10. AssurePro Insurance Company Limited......................... 1,381 11. Chubb Group.................................................................... 762 12. Portage la Prairie Mutual Insurance Company (The).......... 761 13. Travelers - Group.............................................................. 629 14. AIG Insurance Company of Canada................................. 554 15. American Road Insurance Company (The)........................ 514

Alberta

1. Intact Financial Corporation ......................................917,867 2. Wawanesa Mutual Insurance Company (The)............544,734 3. Security National Insurance Company.......................533,268 4. Aviva Canada Group .................................................361,560 5. Co-operators - Group................................................328,003 6. Desjardins General Insurance Group Inc. ..................297,430 7. RSA Canada Group ..................................................231,058 8. Alberta Motor Association Insurance Co....................200,397 9. Economical Mutual Insurance Company....................155,327 10. Allstate Insurance Company of Canada.....................102,774 11. Northbridge Financial Corporation.............................101,848 12. Travelers - Group.........................................................90,758 13. Peace Hills General Insurance Company.....................75,874 14. SGI CANADA...............................................................66,812 15. Millennium Insurance Corporation................................19,655

British Columbia

1. Economical Mutual Insurance Co..............................114,076 2 .Intact Financial Corporation .......................................73,094 3. RSA Canada Group ....................................................23,960 4. Lloyd’s Underwriters....................................................16,152 5. Aviva Canada Group ..................................................... 9,627 6. Northbridge Financial Corporation................................. 8,487 7. Echelon Financial Group................................................ 3,071 8. BCAA Insurance Corporation......................................... 2,247 9. AIG Insurance Company of Canada.............................. 2,189 10. Chubb Group................................................................. 1,595 11. Zurich Insurance Company Ltd...................................... 1,070 12. American Road Insurance Company (The)........................ 926 13. Liberty Mutual Insurance Company.................................. 772 14. Co-operators - Group....................................................... 697 15. Travelers - Group.............................................................. 680

Yukon Territory

1. Security National Insurance Company........................... 8,208 2. Wawanesa Mutual Insurance Company (The)................ 4,355 3. Co-operators - Group.................................................... 3,942 4. Aviva Canada Group ..................................................... 3,930 5. Intact Financial Corporation .......................................... 2,820 6. RSA Canada Group ...................................................... 2,473 7. Peace Hills General Insurance Company....................... 1,166 8. Desjardins General Insurance Group Inc. ......................... 890 9. Northbridge Financial Corporation.................................... 785 10. Travelers - Group.............................................................. 442 11. Lloyd’s Underwriters......................................................... 318 12. Zurich Insurance Company Ltd......................................... 310 13. Economical Mutual Insurance Company........................... 143 14. Allstate Insurance Company of Canada.............................. 47 15. Chubb Group...................................................................... 37

Northwest Territories

1. Security National Insurance Company........................... 5,977 2. Intact Financial Corporation .......................................... 5,481 3. Aviva Canada Group ..................................................... 4,244 4. Co-operators - Group.................................................... 2,216 5. RSA Canada Group ...................................................... 2,138 6. Desjardins General Insurance Group Inc. ...................... 1,580 7. Northbridge Financial Corporation................................. 1,140 8. Travelers - Group.............................................................. 909 9. Peace Hills General Insurance Company.......................... 830 10. Zurich Insurance Company Ltd......................................... 324 11. Economical Mutual Insurance Company........................... 279 12. Wawanesa Mutual Insurance Company (The)................... 276 13. Allstate Insurance Company of Canada............................ 211 14. Lloyd’s Underwriters......................................................... 104 15. Chubb Group...................................................................... 82

Nunavut

1. RSA Canada Group ...................................................... 1,496 2. Intact Financial Corporation .......................................... 1,223 3. Security National Insurance Company.............................. 902 4. Aviva Canada Group ........................................................ 586 5. Travelers - Group.............................................................. 402 6. Co-operators - Group....................................................... 311 7. Desjardins General Insurance Group Inc. ......................... 253 8. Northbridge Financial Corporation.................................... 177 9. Economical Mutual Insurance Company........................... 122 10. Peace Hills General Insurance Company.......................... 107 11. AIG Insurance Company of Canada................................... 76 12. Wawanesa Mutual Insurance Company (The)..................... 65 13. Zurich Insurance Company Ltd........................................... 39 14. Allstate Insurance Company of Canada.............................. 37 15. Continental Casualty Company........................................... 32

Get the job. Done. TM

FOUND MY JOB AT

Canadian Underwriter

continued on page 62

reported in 000’s of dollars

1,110 24,814

Ayr Farmers’ Mutual Ins. Co....................................................................... 25,720

17 16,227 3,003,980 60,386 1,955,603 176,717 2,798

CorePointe Insurance Company....................................................................... 22

DAS Legal Protection Insurance Company Limited................................... 20,064

Desjardins General Insurance Group Inc. ............................................ 3,316,523

Ecclesiastical Insurance Office plc............................................................. 61,966

Economical Mutual Insurance Company.............................................. 2,010,952

Echelon Financial Group.......................................................................... 195,577

Electric Insurance Company........................................................................ 2,798

249,452

29,136

Continental Casualty Company................................................................ 254,120

123,842

Commonwell Mutual Insurance Group (The)............................................ 125,701

2,153

Compagnie Française d’Assurance pour le Commerce Extérieur............. 28,249

438,093

Chubb Group............................................................................................ 414,032

Clare Mutual Insurance Company................................................................ 2,149 21,794

34,189

Chicago Title Insurance Company............................................................. 34,189

2,515,378

2,630

Co-operative Hail Insurance Company Limited......................................... 21,794

873,551

Capitale assurances générales inc. (La)................................................... 893,883

Cherokee Insurance Company..................................................................... 2,785

Co-operators - Group........................................................................... 2,603,121

115,894 187,985

Boiler Inspection and Insurance Co of Canada (The)............................... 119,205

CAA Insurance Company......................................................................... 192,343

47,663

4,356,858

Aviva Canada Group ............................................................................ 4,415,761

AXA Art Insurance Corporation.................................................................... 1,177

66,014

1,623

BCAA Insurance Corporation..................................................................... 49,526

16,822

Associated Electric & Gas Insurance Services Limited.............................. 19,258

AssurePro Insurance Company Limited....................................................... 1,616

Berkley Insurance Company...................................................................... 78,237

5,060 7,090

11,172

American Road Insurance Company (The)................................................. 11,172

Antigonish Farmers’ Mutual Insurance Company........................................ 5,138

139,037

American Bankers Insurance Company of Florida................................... 135,909

Arch Insurance Canada Ltd.......................................................................... 6,944

3,894 1,402,599

225,215

Allianz Global Risks US Insurance Company........................................... 224,123

Allied World Specialty Insurance Company................................................. 4,525

6,829

Allstate Insurance Company of Canada................................................ 1,422,714

261,538

Alberta Motor Association Insurance Company...................................... 256,656

Algoma Mutual Insurance Company............................................................ 6,862

3,072

196,139

3,320

295,300

-118

113,838

1,392,677

39,760

1,770,432

11,492

-65

117,395

17,771

67,158

1,700,094

22,176

356

329,783

1,224

1,558

564,199

108,484

40,216

26,820

26,070

14,125

220

2,670,381

473

-3,267

980

3,799

11,865

81,448

-4.22

64.42

71.21

65.84

58.94

70.82

-382.35

47.06

60.99

54.23

67.59

101.75

16.54

75.28

3.58

59.24

64.59

57.71

34.7

40.63

54.7

56.92

19.82

61.29

29.14

-19.42

13.82

75.08

106.2

58.58

73.53

78.89

87.09

48.62

112.91

80.01

30,275

371,390

9,441

-40,947

3,425

-8

45,658

8,533

25,920

359,055

11,545

125

-12,217

17,611

180

96,088

1,960

33,117

16,071

-11,397

3,335

-105

805,796

301

-1,864

-12,988

785

20,743

105,163

-1,730

17,146

1,737

33,159

-38,689

433

6,505

69,346

2,954

135,492

390

9,061

1,413

401

83,780

1,551

32,429

1,567

106

30,762

6,231

1,408

2,426

6,583

140,233

743

2,516

238

387

13,587

45,301

962

13,658

9,833

36,105

Total Expense Ratio

742

36,147

312,070

12,948

736,866

5,723

199

32,513

7,819

22,489

402,524

2,504

1,082

126,322

2,454

263

164,493

58,330

22,617

13,373

20,026

4,970

959

397,067

925

6,120

16,422

1,051

607

20,563

218,098

6,070

39,261

1,440

28,767

81,287

41.99

41.27

38.49

41.97

27.68

58.78

1135.29

34.97

60.97

39.41

33.61

17.01

56.06

33.45

63.27

20.87

33.35

35.39

49.31

48.28

31.92

33.47

76.94

30.83

75.54

29.72

83.92

40.99

8.9

39.48

26.28

136.16

31.11

46.52

27.44

20.41

37.78

105.69

109.71

107.81

86.61

129.6

752.94

82.03

121.97

93.64

101.2

118.77

72.6

108.73

66.85

80.11

97.94

93.1

84.01

88.91

86.61

90.39

96.76

92.12

104.68

10.3

97.74

116.07

115.1

98.06

99.81

215.05

118.2

95.14

140.35

100.42

1,336

11,209

131,757

1,947

198,334

294

427

30,734

512

8,348

209,714

3,946

83,955

472

635

28,975

11,126

3,476

2,999

4,933

3,375

103

30,599

155

462

3,697

683

232

6,475

83,248

269

16,710

129

16,104

105,155

3.74

2.4

-1.13

-2.61

10.27

-40.18

4.13

10.37

-8.9

6.69

9.64

0.46

25.12

1.33

22.93

8.58

11.34

13.07

19.06

11.38

22.21

7.67

2.48

17.03

4.88

6.9

0.81

1.01

-11.31

3.97

11.42

-18.87

-9.58

7.59

-36.8

6.75

Return on Equity

*Excludes life and purely A&S companies

1,741

-7,635

-164,810

-4,447

400,689

-4,802

-111

43,996

-3,960

9,749

-14,207

-4,090

691

-38,224

11,378

533

19,108

16,161

18,536

7,809

8,877

2,724

343,381

-76

14,565

160

-676

-1,687

2,696

32,653

-4,480

-40,989

447

-96,469

-716

Undrwtg. Profit Inv. or Loss Income

Combined Loss & Exp. Ratio

$ %

Earned Loss General Ratio Commissions Taxes Expenses

$ % $ 308,546

1,031,308

$ 385,642

Net Premiums Net Claims Premiums Earned & Adjusting Written 100% Basis Expenses

AIG Insurance Company of Canada......................................................... 392,111

Numbers

Financial Snapshot 2016: General Companies All Private P&C in Canada*

UNDERWRITING RESULTS

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Canadian Underwriter

reported in 000’s of dollars

22,638

121,447 268 40,093 118,536

Old Republic Insurance Company of Canada.......................................... 123,024

Omega General Insurance Company.............................................................. 271

Ontario School Boards’ Insurance Exchange............................................ 39,624

Optimum - Group..................................................................................... 119,024

40,369

Mutual Fire Insurance Company of B.C. (The)........................................... 39,260

1,202,291

7,479

National Liability & Fire Insurance Company............................................. 26,981

45,919

Motors Insurance Corporation................................................................... 45,533

Municipal Electric Association Reciprocal Ins. Exchange............................ 7,389

Northbridge Financial Corporation........................................................ 1,247,034

84,325 20,164

Millennium Insurance Corporation........................................................... 109,199

Mitsui Sumitomo Insurance Company, Limited......................................... 20,282

9,244 15,864

MAX Canada Insurance Company............................................................. 11,373

3,100,360

Lloyd’s Underwriters............................................................................. 3,215,307

Mennonite Mutual Fire Insurance Company.............................................. 17,172

7,908 251,064

Legacy General Insurance Company........................................................... 8,356

115,776

Lawyers’ Professional Indemnity Company............................................. 115,943

Liberty Mutual Insurance Company......................................................... 263,122

6,384 9,693

Jewelers Mutual Insurance Company.......................................................... 6,778

Kings Mutual Insurance Company (The)...................................................... 9,864

7,793 5,959

International Insurance Company of Hannover SE.................................... 10,785

Ironshore Insurance Ltd............................................................................... 9,695

253,767

100,691

Heartland Farm Mutual Inc....................................................................... 102,744

7,637,838

3,459

Industrial Alliance Auto and Home Insurance Inc.................................... 268,074

15,702

Hartford Fire Insurance Company.............................................................. 15,151

HDI Global SE Canada Branch.................................................................... 4,584

Intact Financial Corporation ................................................................. 7,730,363

37,008 289,115

Groupe Estrie-Richelieu Compagnie D’Assurance (Le)............................. 37,540

43,361

Guarantee Company of North America (The)........................................... 290,031

372,124

Gore Mutual Insurance Company............................................................ 383,515

Great American Insurance Company......................................................... 44,076

14,210

88.8 27.16

66,497

20,710

156

81,657

696,527

8,592

24,530

8,163

18,820

25,059

51,796

7,274

5,976

2,753,035

155,246

1,624

100,712

3,243

2,376

3,241

6,585

4,972,354

184,383

58,679

408

30,442

172,579

26,389

19,023

223,610

56.1

51.65

58.21

67.24

57.93

37.95

60.76

109.15

40.99

124.28

61.42

45.85

64.65

88.8

61.84

20.54

86.99

33.46

37.22

54.39

84.5

65.1

72.66

58.28

11.8

193.87

59.69

71.31

43.87

60.09

53.89

15,897

-2,193

30,312

200,143

2,850

6,823

1,416

1,771

383

3,777

1,312

763,726

14,147

1,494

-1,721

1,782

1,129

-310

-1,513

1,287,267

7,603

22,701

-5,016

914

57,381

7,820

6,947

79,602

10,055

3,395

1,355

577

9,694

2,415

13,555

16,769

802

5,427

3,069

2,010

5,674

960

2,043

3,433

46,482

1,628

953

407

2,728

757

5,626

495

634

92,501

11,620

3,701

384

272

931

257

285,247

1927

175

-7,743

-5,448

-12,771

1014 14.3

43,212

28.6

Total Expense Ratio

55.57

36.94

39.63

24,063

2,776

1,005

14,406

189,873

8,665

6,931

2,573

1,839

4,221

8,615

2,545

2,291

15,960

42,835

2,049

19,015

3,778

701

577

1,310

879,343

65,588

15,774

3,743

1,623

53,975

5,172

10,276

47,772

66,998

38.5

9.32

319.03

39.65

36.31

58.06

36.43

39.84

13.03

33.47

17.34

42.97

45.84

28.13

27.32

44.8

18.13

61.32

32.93

20.1

0.69

32.1

32.8

41.58

2.37

19.83

41.87

35.11

45.29

37.87

22.24

1484 59.4

82,793

10,585

9,147

94.6

60.97

377.24

106.88

94.24

96.01

97.2

148.99

54.01

157.75

78.77

88.82

110.48

116.93

89.16

65.34

105.12

94.78

70.14

74.49

85.19

97.2

105.46

99.86

14.17

213.71

101.56

106.41

89.16

97.96

76.12

73.69

82.73

125.73

68.24

3,843

13,078

939

4,088

45,421

1,555

2,925

7,213

10,422

1,935

14,430

176

205

74,011

28,053

192

17,409

1,907

189

511

113

326,661

2,319

1,044

2,438

2,486

70,318

3,663

3,468

24,573

32,007

233

528

980

1,137

9.55

26.88

1.33

1.44

6.41

1.06

9.03

5.76

12.53

-13.67

13.37

15.22

-5.62

-18.4

4.27

22.73

3.52

4.63

15.39

4.15

7.03

8.66

-12

2.16

6.2

-7.87

12.99

1.25

5.13

9.96

10.09

15.59

14.39

-4.32

12.33

Return on Equity

*Excludes life and purely A&S companies

6,405

15,647

-743

-2,621

73,588

903

1,295

-3,242

21,124

-11,644

17,905

1,963

-743

-524,862

27,216

2,741

-5,931

-643

1,943

1,520

1,154

317,047

-13,862

1,680

2,994

-17,854

-4,514

-2,373

4,700

14,161

76,229

1505

27,475

-4,118

6,660

Undrwtg. Profit Inv. or Loss Income

Combined Loss & Exp. Ratio

$ %

Earned Loss General Ratio Commissions Taxes Expenses

$ % $ 4,120

172,056

7093 319,291

FM Global - Group................................................................................... 325,635

First North American Insurance Company.................................................... 7036

16,003 159,082

Everest Insurance Company of Canada..................................................... 17,171

First American - Group............................................................................. 159,082

$ 14,404

Net Premiums Net Claims Premiums Earned & Adjusting Written 100% Basis Expenses

Euler Hermes North America Insurance Company.................................... 12,885

Numbers

Financial Snapshot 2016: General Companies All Private P&C in Canada*

UNDERWRITING RESULTS

2017 STATISTICAL GUIDE 63

reported in 000’s of dollars

2,601,633 53,992

RSA Canada Group .............................................................................. 2,583,188

Saskatchewan Mutual Insurance Company............................................... 55,918

6,613 220,648 1,448 120,144 5,231 570

Sompo Japan Nipponkoa Insurance Inc...................................................... 7,100

SSQ Insurance Company Inc................................................................... 221,163

Starr Insurance & Reinsurance Limited........................................................ 2,614

Stewart Title Guaranty Company............................................................. 120,144

Sunderland Marine Insurance Company Limited [Canada Branch]............. 5,649

T.H.E. Insurance Company............................................................................. 638

87,396 579,297

XL Specialty Insurance Company............................................................ 167,508

Zurich Insurance Company Ltd................................................................ 493,277

43,201,117

74,133

Wynward Insurance Group......................................................................... 79,261

44,221,293

14,725 29,526

Western Surety Company.......................................................................... 16,413

Westport Insurance Corporation................................................................ 31,571

13,999 2,151,695

Virginia Surety Company Inc........................................................................ 2,237

Wawanesa Mutual Insurance Company (The)....................................... 2,187,241

72,376 45,460

Trisura Guarantee Insurance Company..................................................... 87,186

42,925

Trillium Mutual Insurance Co...................................................................... 45,034

Triton Insurance Company......................................................................... 44,595

34,704 1,410,579

Tokio Marine and Nichido Fire Insurance Company, Limited (The)........... 35,234

Travelers - Group.................................................................................. 1,432,923

4,501

-6

129,313

640,855

SGI CANADA............................................................................................ 676,164

Shipowners’ Mutual Protection and Indemnity Association..............................-6

Technology Insurance Company, Inc........................................................... 4,047

1,524

Sentry Insurance a Mutual Company........................................................... 1,072

Temple Insurance Company (The)........................................................... 152,578

2,949,071

Security National Insurance Company.................................................. 2,933,281

TOTALS

29,587

1,700,252

40,288

52,803

2,168

9,841

200

109,672

33,578

86,989

31,054

54.8

65.35

48.87

48.52

144.15

49.84

8.02

62.23

62.05

69.07

50.11

10,876

341,691

20,428

9,723

208

2,163

32,710

1,424

19,987

21,397

$ % $

3,133

98,338

4,037

2,729

228

117

7,346

3,040

8,576

1,753

Total Expense Ratio

9,887

361,127

9,742

42,357

252

4,159

193

26,640

14,591

24,791

9,555

44.26

30.79

41.49

50.37

33.11

33.17

12.43

37.84

35.21

42.36

52.77

99.06

96.15

90.36

98.89

177.26

20.45

100.07

97.26

111.44

102.88

995

100,225

9,246

1,205

-1,162

3,356

1,984

3,010

2,736

-11,421

-1,786

2,177

121,682

3,879

2,174

176

3,118

260

17,284

834

4,104

666

Undrwtg. Profit Inv. or Loss Income

Combined Loss & Exp. Ratio

$ %

Earned Loss General Ratio Commissions Taxes Expenses

5.89

5.17

14.78

8.66

-5.95

10.87

28.33

11.62

15.19

-7.39

-2.8

Return on Equity

75.03

89.63

90.98

54.59

59.02

1.22

78.19

92.51

42.92

30.94

63.96

62.42

85.54

64.89

66.9

56.84

54.06

29.53

86.74

69.83

28.78

25050

58.16

12.53

29,228,752

519,211

79,509

40,466

17,427

180

1,682,419

12,951

19,511

22,396

27,456

880,504

29,685

83,915

3,011

324

2,828

35,479

1,256

154,085

1,903

-1,503

372,692

191

2,212,700

6,284,869

34,926

2,541

16,956

-18,503

9,266

402,901

-466

22,348

8,633

255,522

4,213

33,094

-741

1,641

-4,993

6,868

1,007

143,889

524,953

1,656,679

29,168

5,625

3,934

6,538

595

86,369

129

1,297

3,591

132

50,231

1,265

5,193

402

324

3,813

1,482

7,880

199

29,769

96,864

29.89

28.92

28.04

44.48

40.97

80.74

32.72

9.51

48.02

65.06

41.48

41.41

35.05

38.75

6.84

49.12

65.53

48.7

-139.64

32.14

42.07

-5900

38.01

38.85

118.55

119.02

99.06

99.99

81.96

110.91

102.02

90.94

96.01

105.44

103.83

120.59

103.65

73.74

105.96

119.59

78.24

-52.9

101.97

70.85

19150

96.16

51.38

104.92

6,088,011

103,465

16,343

12,082

24,061

2,028

215,163

1,668

20,532

21,151

9,041

278,405

6,686

11,825

647

173

1,463

54,703

1,489

56,160

1,576

354

69,903

484

259,681

2,546,205

51,678

6,233

3,312

2,758

1,255

272,130

962

6,768

988

3,393

101,106

841

14,947

711

128

4,268

454

7,551

1,350

1,732

33,672

451

169,951

1.4

-3.91

-5.53

5.1

3.27

11.53

1.56

3.53

7.71

8.39

2.33

2.81

-6.91

4.09

8.85

-3.11

-6.89

20.84

12.13

1.95

3.19

6.88

16.52

2.7

*Excludes life and purely A&S companies

236,376

-101,546

-16,622

695

2,656

-202,130

-283

4,120

5,959

-1,702

-40,241

-7,135

-4,714

1,053

-34

-1,025

26,149

2,214

-4,345

1,928

1,143

24,602

633

-145,127

179 397 221.79 -1126 205 222 -390.5 -168.72 481 89 5.94

82,438

Red River Valley Mutual Ins. Company...................................................... 85,803

SCOR UK Company Limited........................................................................... 389

1,504 108,817

Protective Insurance Company.................................................................... 1,503

RBC Insurance Company of Canada....................................................... 108,699

2,494 19,747

Poultry Insurance Exchange Reciprocal of Canada..................................... 2,494

Prince Edward Island Mutual Insurance Co............................................... 20,867

54,113 176,244

Petline Insurance Company....................................................................... 54,281

Portage la Prairie Mutual Insurance Company (The)................................ 170,576

125,939

Peace Hills General Insurance Company................................................. 125,358

$ 61,973

Net Premiums Net Claims Premiums Earned & Adjusting Written 100% Basis Expenses

Orion Travel Insurance Company............................................................... 64,468

Numbers

Financial Snapshot 2016: General Companies All Private P&C in Canada*

Canadian Underwriter

reported in 000’s of dollars $

6,923.00 4,766.00 68.84 -4,151.00

107.03

-487.00

95.00

955.00

-1.79

6.72

-1.34

-26.52

Return on Equity

0.00 4,882.00 27.09

Hannover Rück SE.............................................................................. 308,093.00 285,683.00 193,382.00 67.69 72,497.00

94.78 14,922.00 26,418.00

45.56 28,714.00 1,718.00

96.35 5,538.00 28,067.00

80.82 11,993.00 15,924.00

78.31 8,789.00 2,655.00

10.09

14.98

7.12

3.97

18.08

28,387.00 22,723.00 80.05 4,337.00 94,035.00 122,428.00 130.19 17,506.00 54,157.00 67,185.00 124.06 15,038.00

Toa Reinsurance Company of America (The)........................................ 27,743.00

Transatlantic Reinsurance Company.................................................... 96,056.00

XL Reinsurance America Inc................................................................. 51,817.00

1,758,381.00 1,279,506.00 5,472.81 345,315.00

94,217.00 69,428.00 73.69 12,372.00

Swiss Reinsurance Company Ltd......................................................... 97,610.00

1,732,961.00

0.00

12,739.00 20,187.00 158.47 2,764.00

Sirius America Insurance Company...................................................... 10,412.00

TOTALS

86.50 20,141.00 9,968.00

0.00 11,902.00 36.44

SCOR Canada Reinsurance Company............................................... 152,730.00 149,216.00 74,696.00 50.06 42,477.00

4,533.00

996.00

101.00

25.21

161,555.00 10,666.74

6,607.00 41.81

6,102.00

-52,102.00 14,782.00

176,840.00

3.65

-13.53

-8.05

3.06

1.02

-11.99

15.04

14.20

-4.40

-4.61

17.28

6.80

*Excludes life and purely A&S companies

-32,368.00

165.86 -35,669.00 5,865.00

155.41

108.42 -2,390.00 5,306.00

107.23 -6,808.00 7,978.00

16,139.55

0.00 3,717.00 28.37

0.00 19,225.00 33.54

195.31 -12,142.00 1,143.00

93.78 11,644.00 10,864.00

Promutuel Réassurance...................................................................... 194,704.00 187,128.00 113,397.00 60.60 47,334.00 650.00 14,103.00 33.18

1,930.00 36.85

117.16 -18,273.00 3,075.00

0.00 8,046.00 33.24

Partner Reinsurance Company of the U.S.......................................... 110,392.00 106,508.00 89,378.00 83.92 27,357.00

118.80 -15,803.00 3,750.00

0.00 4,131.00 28.81

84,077.00 75,660.00 89.99 20,089.00

Odyssey Reinsurance Company........................................................... 84,308.00

85.43 38,744.00 30,332.00

Munich Reinsurance Company of Canada......................................... 204,856.00 265,896.00 156,488.00 58.85 50,086.00 360.00 20,218.00 26.58

46.00

10.26 8,592.00 3,716.00

9,574.00 -627.00 -6.55 861.00

702.00 16.81

Munich Reinsurance America, Inc........................................................... 9,243.00

Mapfre Re Compania de Reaseguros, S.A........................................... 21,560.00 21,717.00 37,625.00 173.25 4,428.00 0.00 678.00 23.51 196.76 -21,014.00 867.00 -42.88

0.00 4,882.00 27.09

Hannover Rück SE.............................................................................. 308,093.00 285,683.00 193,382.00 67.69 72,497.00

0.00 12,680.00 17.70

Farm Mutual Reinsurance Plan Inc..................................................... 151,819.00 151,822.00 119,410.00 78.65 14,194.00

37.00 10,481.00 29.15

0.00 9,609.00 30.03

62,539.00 31,764.00 50.79 9,173.00

Everest Reinsurance Company............................................................. 63,585.00

52,448.00 8,604.00 16.40 4,772.00

40,529.00 19,867.00 49.02 8,033.00 248.00 3,592.00 29.30

2.00 75.00 3,750.00 3.00 0.00 198.00 10,050.00 13,800.00 -274.00 344.00 0.42

106.98 -1,766.00

0.00 3,214.00 31.07 28.89 8,016.00 1,815.00

CCR RE................................................................................................. 40,485.00

General Reinsurance Corporation......................................................... 53,385.00

259.91 -22,733.00 1,203.00

Undrwtg. Profit Inv. or Loss Income

Combined Loss & Exp. Ratio

$ % 752.00 17.35

0.00 6,795.00 38.19

0.00

Total Expense Ratio

25,295.00 18,833.00 74.45 -5,858.00 2,095.00 11,991.00 32.53

Catalina General Insurance Co...................................................................... 2.00

Axis Reinsurance Company (Canadian Branch)................................... 19,897.00

Aspen Insurance UK Limited................................................................. 12,581.00 11,273.00 -245.00 -2.17 288.00

Arch Reinsurance Company................................................................... 7,367.00

$ % $

Earned Loss General Ratio Commissions Taxes Expenses

14,216.00 34,482.00 242.56 1,715.00

Net Premiums Net Claims Premiums Earned & Adjusting Written 100% Basis Expenses

American Agricultural Insurance Company........................................... 14,316.00

Numbers

Financial Snapshot 2016: Reinsurers All Private P&C in Canada*

UNDERWRITING RESULTS

ToaRe

Stability The Toa Reinsurance Company of America 55 University Avenue Suite 1700, P.O. Box 53 Toronto, Ontario, Canada M5J 2H7 Phone: 416-366-5888 Fax: 416-366-7444

Web Site: www.toare.com Tokyo • Morristown • Irvine • Toronto • London • Graubünden • Hong Kong • Kuala Lumpur • Singapore • Taipei

Canadian Underwriter

continued on page 68 1 72

CorePointe Insurance Company............................................................. 45

DAS Legal Protection Insurance Company Limited......................... 25,536

†Totals include out-of-country business

11,663

6,131

753

4,683

226

-1

22,905

*Excludes reinsurers and purely A&S companies

167

661

Continental Casualty Company...................................................... 265,827

2,090

Compagnie Française d’Assurance pour le Commerce Extérieur... 32,840

Echelon Financial Group................................................................ 208,358

Commonwell Mutual Insurance Group (The).................................. 135,399

Economical Mutual Insurance Company.................................... 2,080,444

87,917

Co-operators - Group.................................................................. 2,845,081

9,041

Co-operative Hail Insurance Company Limited............................... 51,707

2,541

Chubb Group.................................................................................. 975,269

Clare Mutual Insurance Company...................................................... 3,029

Ecclesiastical Insurance Office plc................................................... 81,805

836

5,423

Chicago Title Insurance Company................................................... 34,268

Desjardins General Insurance Group Inc. .................................. 4,463,163

0 394

Cherokee Insurance Company........................................................... 3,543

1,586

0 3

Capitale assurances générales inc. (La)......................................... 918,261

160

19,701

191

1,643

551

2,633

CAA Insurance Company............................................................... 200,306

201 193

BCAA Insurance Corporation......................................................... 155,016

Boiler Inspection and Insurance Co of Canada (The)....................... 37,978

Ayr Farmers’ Mutual Ins. Co............................................................. 27,423

Berkley Insurance Company............................................................ 83,300

AXA Art Insurance Corporation.......................................................... 3,410

Antigonish Farmers’ Mutual Insurance Company.............................. 6,117

131,849

124

American Road Insurance Company (The)....................................... 11,172

Aviva Canada Group .................................................................. 4,573,609

6,728

American Bankers Insurance Company of Florida......................... 447,921

Allstate Insurance Company of Canada...................................... 1,426,895

AssurePro Insurance Company Limited............................................. 2,777

851

Allied World Specialty Insurance Company..................................... 26,412

408

2,030

Allianz Global Risks US Insurance Company................................. 381,294

418

Algoma Mutual Insurance Company.................................................. 9,086

Associated Electric & Gas Insurance Services Limited.................... 33,994

Arch Insurance Canada Ltd.............................................................. 75,204

12,794

Alberta Motor Association Insurance Company............................ 285,588

24,912

61,939

5,892

33,614

222

4,037

917

82,492

3,029

6,378

739

4,344

677

903

148,139

867

3,360

6,117

365

12,742

47,203

235

4,777

20,297

11,414

70,179

4,375

69,151

188

2,771

280

73,176

9,094

344

4,888

877

377

103,240

296

1,209

203

7,747

61,157

1,091

3,173

16,981

27,605

135,632

4,623

1,363,819

2,135

36,273

18,670

129,119

137,501

4,386

798,521

7,532

13,132

972

433,164

1,665

8,848

3,007

60,542

98,286

1,241

67,457

162,170

87,604

1,232,094

29,903

2,564,418

12,036

98,686

9,208

135,399

1,360,170

487,662

20,887

3,543

119,586

182,254

14,700

43,401

27,423

1,868

2,581,436

6,433

34,573

3,194

176,627

1,063,550

7,980

128,138

9,086

430,675

338

10,645

3,539

7,819

325

15,015

639

66,051

7,951

15,093

392

4,884

394

1,543

87,126

166

3,824

301

16,411

5,915

10,003

31,227

422

5,575

2,211

2,055

2,355

8,014

459

110,006

43,756

17,808

411

2,331

2,581

880

51,636

2,611

174

1,598

514

15,080

2,831

16,857

29,825

21,576

266,630

13,644

396,256

2,212

52,054

738

701,099

137,565

2,841

117

4,037

11,807

110

682,438

8,094

9,533

2,523

82,849

156,069

3,607

51,657

285,382

240,958

22,587

288,988

13,827

8,560

5,834

42,563

1,860

194,201

124,136

3,792

-50

6,586

10,557

155,012

304

311,024

2,599

11,216

926

65,266

166

2,507

72,593

180

142,487

142

1,218

114

-3

7,836

918

7,690

162

125

850

116

1,898

2,044

277

285

2,142

473

6,442

769

171

14,665

405

713

216

1,904

3,138

122

121

387

514

627

1,155

1,501

723

746

2,316

Totals† Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

AIG Insurance Company of Canada............................................ 1,106,166

Numbers reported in 000’s of dollars

TOTAL BUSINESS 2016 All Private P&C in Canada* by Direct Written Premiums

UNDERWRITING RESULTS

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Canadian Underwriter 7 149

101 522

89 188

1,415 15,751

6,974 24,465

346 981

282 766

1,480 1,707

406 2,722

0 0

495

0 0

†Totals include out-of-country business

266

5,462

8,268

242

133

8,756

778

136

1,188

629

*Excludes reinsurers and purely A&S companies

Ontario School Boards’ Insurance Exchange.................................. 42,837

Peace Hills General Insurance Company....................................... 230,049

Omega General Insurance Company............................................... 52,548

940

Old Republic Insurance Company of Canada................................ 139,612

126

1,143

Northbridge Financial Corporation.............................................. 1,391,815

Orion Travel Insurance Company..................................................... 67,253

30,241

National Liability & Fire Insurance Company.................................... 50,748

Optimum - Group........................................................................... 153,955

0 1,031

Mutual Fire Insurance Company of B.C. (The)................................. 83,634

0 0

Municipal Electric Association Reciprocal Ins. Exchange................ 12,978

Mitsui Sumitomo Insurance Company, Limited............................... 22,500

Motors Insurance Corporation......................................................... 83,697

272 155

Millennium Insurance Corporation................................................. 153,757

Kings Mutual Insurance Company (The).......................................... 11,031

Mennonite Mutual Fire Insurance Company.................................... 20,144

Jewelers Mutual Insurance Company................................................ 7,154

696

Ironshore Insurance Ltd................................................................... 27,662

33,550

1,066

International Insurance Company of Hannover SE.......................... 96,641

MAX Canada Insurance Company................................................... 16,755

197,609

Intact Financial Corporation ....................................................... 8,190,094

Lloyd’s Underwriters.................................................................... 2,796,528

Industrial Alliance Auto and Home Insurance Inc.......................... 271,466

2,260

Heartland Farm Mutual Inc............................................................. 116,688

Liberty Mutual Insurance Company............................................... 355,806

HDI Global SE Canada Branch........................................................ 47,411

Hartford Fire Insurance Company.................................................... 16,153

152

2,605

Guarantee Company of North America (The)................................. 391,040

Legacy General Insurance Company................................................. 9,669

Groupe Estrie-Richelieu Compagnie D’Assurance (Le).................... 50,333

Lawyers’ Professional Indemnity Company................................... 123,329

157 395

10,186

FM Global - Group......................................................................... 447,248

Great American Insurance Company............................................... 49,005

704

First North American Insurance Company....................................... 21,244

Gore Mutual Insurance Company.................................................. 410,539

2,195

First American - Group................................................................... 164,693

938

666

1,281

28,245

619

230

1,501

49,906

2,835

319

11,024

979

188,010

1,277

7,689

1,890

320

4,600

582

2,730

636

397

1,784

29,334

393

1,383

43,875

56,718

222

371

1,117

96,144

319

8,146

1,656

11,882

421

3,026

30,695

650

3,045

246,224

5,025

2,515

395,672

33,024

1,450

596

2,377

12,983

2,211,202

271,466

9,317

814

56,773

50,333

2,420

94,802

3,682

7,647

41,160

43,787

42,837

16,677

103,585

576,021

21,587

9,175

12,978

70,615

12,637

19,209

4,652

801,071

89,254

4,361

123,159

4,802

7,399

35,143

3,350,578

116,688

16,421

5,357

256,158

18,108

323,171

123,916

7,154

106,351

17,071

1,203

7,536

217

1,265

24,400

1,601

4,427

303

422

4,385

77,061

5,653

383

113

524

1,258

79,044

239

995

5,366

2,199

219

12,235

681

4,922

7,571

4,008

367

293

306

52,213

1,448

4,473

746

191

7,301

20,144

1,163

72,390

4,352

421

207

943

1,193

19,905

3,268

1,889

2,546

1,959

202

13,438

822

3,973

157,271

18,728

9,856

18,356

9,973

238,385

11,881

12,454

4,194

4,077

95,611

2,395

474,910

53,742

1,617

668

10,731

14,170

1,469,216

8,951

6,013

27,972

10,592

4,879

34,691

3,951

16,155

43,323

61,714

14,189

17,088

145,021

6,701

53,105

8,142

2,146

27,762

4,160

711,538

29,353

666

549

4,574

27,636

550,580

7,334

1,001

22,320

9,455

81,437

56,140

2,938

16,584

1,987

1,601

112

8,301

137

5,136

185

1,981

3,746

287

162

6,466

135

172

11,702

123

108

208

203

845

2,300

9,279

288

2,212

232

Everest Insurance Company of Canada............................................ 97919 535 226 1220 805 25308 39162 1742 1429 12360 14954 49 71 58

90 98

Euler Hermes North America Insurance Company.......................... 47,349

Totals† Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

Electric Insurance Company............................................................ 11,685

Numbers reported in 000’s of dollars

TOTAL BUSINESS 2016 All Private P&C in Canada* by Direct Written Premiums

UNDERWRITING RESULTS

2017 STATISTICAL GUIDE 69

5 923

Protective Insurance Company.......................................................... 2,626

RBC Insurance Company of Canada............................................. 112,588

0 0 1,458

Wawanesa Mutual Insurance Company (The)............................. 2,340,554

Western Surety Company................................................................ 24,764

158

11,733

254

451

16,784

702

414

366

11,320

8,324

222

22,765

3,896

2,498

770

74,550

1,799

2,758

48,920

276

5,291

815

1,817

563

106,569

138,753

2,239

32,285

731

1,085

108,087

1,481

2,234

25,169

259

4,991

753

1,206

222

65,307

482

66,766

1,038

11,017

78,080

7,732

13,776

51,010

4,261

32,838

1,266

4,442

2,450

227,033

378

119

183,750

236

325,113

16,842

416

3,091

22,540

4,531

612,635

2,999

15,463

50,785

49,398

982,944

17,864

70,725

10,149

415

477

96,814

14,307

4,287

70,716

831

1,712,045

672

1,152,377

1,353

49,251

1,571

2,871

38,058

1,638

2,091

132,534

1,837

5,765

17,719

216

6,994

2,688

715

1,247

1,060

228

24,850

7,417

315

8,197

23,041

89,780

2,895

56,743

838

4,752

143,448

1,394

6,358

10,581

140

6,850

137

790

1,663

175

491,495

129

4,748

510

45,346

20,508

7,517

2,555

10,351

9,777

6,761

916,253

527

6,532

16,510

202,572

4,247

25,787

1,013

2,895

10,297

728

126,061

842,762

5,911

18,046

455,470

833

19,760

349

227

39,841

2,785

255,715

496

5,733

23,169

105,751

7,519

29,911

201

12,952

10,112

20,100

837

5,177

35,702

406

400,396

16,485

155

1,751

12,191

7,178

222

350

1,005

289

147

11,912

5,332

151

453

276

137

131

3,326

197

660

8,577

323

4,048

223

2,399

746

1,322

3,366

6,059

†Totals include out-of-country business

412

181,080

212

255

*Excludes reinsurers and purely A&S companies

802,850

Zurich Insurance Company Ltd...................................................... 726,239

50,334,808

XL Specialty Insurance Company.................................................. 160,702

TOTALS

1,632 1,363

Wynward Insurance Group............................................................. 103,507

1,216,220

5,828

2,456

4,756

1,006,385

4,977

2,222

3,643

8,121,975

122,891

20,699

2,685

22,759,335

326,233

68,716

23,089

976,748

16,788

4,643

12,899

1,354,147

17,690

2,940

17,584

8,782,630

120,548

36,488

16,966

4,522,372

91,247

19,574

19,322

69,520

521

123

212

88,593

9,998

1,057

307

34,000

422

166

Westport Insurance Corporation..................................................... 173962 1160 2050 1369 3173 21219 48054 7683 5153 24512 33253 354 729 1558

2,011

Travelers - Group......................................................................... 1,496,438

Virginia Surety Company Inc.............................................................. 4,101

28,093

Tokio Marine and Nichido Fire Insurance Company, Limited (The).. 35,270

Triton Insurance Company............................................................... 44,595

Temple Insurance Company (The).................................................. 197,147

3,186

Technology Insurance Company, Inc............................................... 12,837

1,495

T.H.E. Insurance Company.................................................................... 703

Trisura Guarantee Insurance Company.......................................... 124,298

Sunderland Marine Insurance Company Limited [Canada Branch].18,955

Trillium Mutual Insurance Co............................................................ 49,398

420 304

Stewart Title Guaranty Company................................................... 120,144

0 142

Starr Insurance & Reinsurance Limited............................................ 51,193

Sompo Japan Nipponkoa Insurance Inc............................................ 6,652

SSQ Insurance Company Inc......................................................... 227,033

0 0

Shipowners’ Mutual Protection and Indemnity Association....................-1

6 6

Security National Insurance Company........................................ 3,038,355

SGI CANADA.................................................................................. 718,368

46,924

SCOR UK Company Limited.............................................................. 9,854

Sentry Insurance a Mutual Company................................................. 1,304

0 401

Saskatchewan Mutual Insurance Company..................................... 71,589

Prince Edward Island Mutual Insurance Co..................................... 22,765

156,120

Poultry Insurance Exchange Reciprocal of Canada........................... 3,159

RSA Canada Group .................................................................... 2,786,709

Red River Valley Mutual Ins. Company............................................ 99,509

650

Portage la Prairie Mutual Insurance Company (The)...................... 193,998

Totals† Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

Petline Insurance Company............................................................. 54,281

Numbers reported in 000’s of dollars

TOTAL BUSINESS 2016 All Private P&C in Canada* by Direct Written Premiums*

Canadian Underwriter 135

Economical Mutual Insurance Company....................................... 712,197

Echelon Financial Group.................................................................. 35,254

0 67 0 0 57,732 265 601 39 0 3 592

Guarantee Company of North America (The)................................. 125,085

Hartford Fire Insurance Company.................................................... 10,193

HDI Global SE Canada Branch........................................................ 31,148

Heartland Farm Mutual Inc............................................................... 62,674

Industrial Alliance Auto and Home Insurance Inc.......................... 114,892

Intact Financial Corporation ....................................................... 2,996,795

International Insurance Company of Hannover SE.......................... 46,439

Ironshore Insurance Ltd................................................................... 13,334

Jewelers Mutual Insurance Company................................................ 5,973

Kings Mutual Insurance Company (The)............................................ 9,486

Legacy General Insurance Company...................................................... 44

Liberty Mutual Insurance Company................................................. 83,932

†Totals include out-of-country business

0 90

Groupe Estrie-Richelieu Compagnie D’Assurance (Le).................... 42,658

92 68

Great American Insurance Company............................................... 21,532

FM Global - Group......................................................................... 354,596

Gore Mutual Insurance Company.................................................. 180,184

704 7,375

First North American Insurance Company....................................... 21,150

1,745

Ecclesiastical Insurance Office plc................................................... 53,703

Everest Insurance Company of Canada............................................ 35674

2,428 1,797

Desjardins General Insurance Group Inc. .................................. 1,462,459

37,615

Co-operators - Group.................................................................. 1,169,108 498

Continental Casualty Company........................................................ 93,017

189

1,321

Chubb Group.................................................................................. 412,106

Clare Mutual Insurance Company...................................................... 2,669

Commonwell Mutual Insurance Group (The).................................... 72,483

0 0

2,983

168

902

1,960

2,136

543

892

173

7,886

193

Capitale assurances générales inc. (La)......................................... 392,987

BCAA Insurance Corporation......................................................... 151,515

CAA Insurance Company................................................................. 52,369

Ayr Farmers’ Mutual Ins. Co............................................................. 12,883

5,003

AXA Art Insurance Corporation.......................................................... 3,410

36,813

Aviva Canada Group .................................................................. 1,615,919

Boiler Inspection and Insurance Co of Canada (The)......................... 5,885

-3

Associated Electric & Gas Insurance Services Limited.................... 10,614

105

440

259

1,594

Berkley Insurance Company.............................................................. 2,152

0 127

1,009

American Bankers Insurance Company of Florida......................... 118,907

Arch Insurance Canada Ltd.............................................................. 28,037

Allstate Insurance Company of Canada......................................... 355,888

Antigonish Farmers’ Mutual Insurance Company.............................. 5,222

977 801

Algoma Mutual Insurance Company.................................................. 5,581

Allied World Specialty Insurance Company..................................... 20,378

Allianz Global Risks US Insurance Company................................. 181,463

7,259

Alberta Motor Association Insurance Company.............................. 83,762

230

9,479

429

79,728

1,252

1,373

555

245

3,776

582

383

2,918

26,028

4,195

12,115

3,639

36,106

2,669

1,142

1,221

52,797

866

550

5,222

2,216

15,276

136

2,225

6,095

2,337

64,972

3,374

697,578

7,783

62,624

55,977

362,620

1,086

644

972

178,275

667

2,857

17,369

40,052

782

17,647

60,813

1,014

186

569

40,935

229

1,023

235

8,740

421

5,514

442

825

3,939

985,524

114,892

6,183

30,919

42,658

254

78,043

3,682

215 12010

2,867

24,595

2,931

22,617

2,047

30,531

1,870

1,374

306

35,529

250

398

1,488

17,884

1,089

2,242

5,794

226

9,550

2,555

7,758

7,683

49,966

4,113

4,884

64,810

2,338

2,332

5,784

5,628

23,951

15,064

4,002

2,904

3,859

926,669

62,674

6,225

2,020

69,573

9,680

106,337

98,134

7,154

1,116

701

64,764

228

938

1,879

1,600

152

9,805

681

9139 566

600

336,038

16,636

614,292

19,087

72,483

430,837

198,130

30,341

42,366

2,780

1,046

12,883

1,868

698,854

3,212

11,099

48,669

229,525

4,940

57,762

5,581

130,567

2,652

183

617

891

11,097

3,243

1,716

134

1,510

138

8,834

822

325

338

5,016

1,787

2,018

4,716

85,978

6,330

2,331

403

35,418

139

761

3,244

2,698

4,006

23,623

16,477

148,756

9,914

8,485

23,330

125,812

82,254

883

306

151,515

304

243,022

1,680

5,809

19,122

1,375

51,918

180

85,966

326

3,199

122

3,246

159

112

116

921

1,566

-1

228

560

317

3,548

292

7,444

400

1,138

2,305

133

371

234

1,032

663

452

1,589

14,344

585

5,951

9,496

448,858

6,621

5,012

8,263

5,954

3,583

26,599

3,857

7,267

491

2,207

25,516

372,192

6,904

493

11,403

1,609

69,585

46,121

2,938

1,514

124

4,030

188

259

769

162

6198 6699 20 5 16

7,380

93,362

9,598

93,257

22,430

291,944

53,456

256

100

110

254,045

2,220

3,746

22,947

53,151

2,632

21,624

83,556

129,583

Totals† Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

AIG Insurance Company of Canada............................................... 482,410

Numbers reported in 000’s of dollars

PROPERTY 2016 All Private P&C in Canada by Direct Written Premiums

UNDERWRITING RESULTS

2017 STATISTICAL GUIDE 71

138 0 54,817 0 7 11,342 6 0 0 27

RBC Insurance Company of Canada................................................. 9,015

Red River Valley Mutual Ins. Company............................................ 92,632

RSA Canada Group (See Profile Notes)...................................... 1,172,205

Saskatchewan Mutual Insurance Company..................................... 54,124

SCOR UK Company Limited.............................................................. 7,212

Security National Insurance Company........................................ 1,030,117

SGI CANADA.................................................................................. 379,080

Sompo Japan Nipponkoa Insurance Inc............................................ 3,778

SSQ Insurance Company Inc........................................................... 97,426

Starr Insurance & Reinsurance Limited............................................ 43,163

158

1,579

5,283

298

2,838

19,766

777

23,853

334

19,725

133

2,651

299

32,496

57,359

300

12,346

2,498

358

622

10,003

20,782

32,883

233

10,538

204

2,613

149

18,719

443

26,940

159

3,931

731

307

346

113

10,554

203

18,962

28,073

145

17,916

3,368

12,020

1,325

97,426

196

100,368

146,336

3,091

20,314

569

88,842

529

462

137,010

182,931

5,752

238

28,068

279,559

6,607

18,923

10,941

2,119

14,522

507,030

348

378,951

1,305

3,824

2,871

13,113

22,540

14,302

16,945

15,647

15,612

8,926

181,504

4,946

8,306

3,459

4,121

4,261

225,491

125,465

520

890

8,678

198

3,700

775

139

20,618

7,417

279

5,588

11,812

83,811

374

54,537

1,638

17,071

127

6,259

186

14,615

150

4,143

421

4,238

31,714

136,684

330

3,993

4,224

136

3,855

1,517

123

290,069

4,748

396

33,166

11,686

6,823

382

9,181

838

7,571

1,924

306

217

35,757

781

4,214

115

18,161

1,127

35,602

353,449

2,352

526

72,282

3,707

11,599

8,921

546

50,013

304,144

4,573

15,370

170,354

672

1,741

227

19,813

9,777

81,397

7,194

5,629

17,949

708

88,999

4,949

11,829

1,510

41,190

2,342

195,695

242,880

2,035

366

76,926

6,072

19,354

18,949

636

3,836

35,702

220

294,595

2,022

1,624

12,191

43,323

54,065

13,722

91,747

1,770

48,547

836

510

4,009

393,119

2,697

289

-1

-26

120

3,704

1,791

821

566

2,745

1,548

195

431

2,600

315

1,318

1,151

1,928

2,138

1,289

586

420

1,542

738

2,009

5,061

1,254

304

3,496

2,668

2,315

15,019

10,492

13,908

12,043

16,216

164

255

TOTALS ................................................................................. 19,328,874

†Totals include out-of-country business

4,061 274,011

Zurich Insurance Company Ltd...................................................... 304,636

66,591

463,477

1,503

341,152

471

3,608,687

69,268

6,430,285

94,789

702,994

10,629

855,527

11,782

3,278,024

52,733

2,995,339

48,308

24,758

41,572

8,200

19,466

426

XL Specialty Insurance Company..................................................... 59617 675 107 343 269 7740 20114 1003 878 21032 7425 17 12 2

Wynward Insurance Group............................................................... 78,134

Westport Insurance Corporation..................................................... 103612 396 2026 569 2131 7883 24153 1215 3925 12009 23653 1 398 1558

Trisura Guarantee Insurance Company.............................................. 6,174 171

Trillium Mutual Insurance Co............................................................ 28,068

Wawanesa Mutual Insurance Company (The)............................. 1,130,494

0 4

Travelers - Group............................................................................ 508,737

Triton Insurance Company............................................................... 11,863

56 10,315

Tokio Marine and Nichido Fire Insurance Company, Limited (The).. 20,725

Prince Edward Island Mutual Insurance Co..................................... 19,766

1,705

Poultry Insurance Exchange Reciprocal of Canada........................... 3,159

Temple Insurance Company (The).................................................... 84,069

T.H.E. Insurance Company...................................................................... 52

1,427

650

123

Portage la Prairie Mutual Insurance Company (The)...................... 115,322

Ontario School Boards’ Insurance Exchange.................................. 15,647

Petline Insurance Company............................................................. 54,281

905

Omega General Insurance Company............................................... 50,285

1,761

Old Republic Insurance Company of Canada.................................... 9,937

Peace Hills General Insurance Company....................................... 152,072

11,370

Northbridge Financial Corporation................................................. 540,982

376

National Liability & Fire Insurance Company.................................... 13,834

Mutual Fire Insurance Company of B.C. (The)................................. 77,039

Orion Travel Insurance Company..................................................... 24,533

Municipal Electric Association Reciprocal Ins. Exchange.................. 3,459

4,129

Optimum - Group........................................................................... 103,518

0 1

Mennonite Mutual Fire Insurance Company.................................... 18,161

Mitsui Sumitomo Insurance Company, Limited................................. 7,014

Millennium Insurance Corporation................................................... 42,236

15,380

MAX Canada Insurance Company................................................... 15,977

Totals† Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

Lloyd’s Underwriters.................................................................... 1,138,552

Numbers reported in 000’s of dollars

PROPERTY 2016 All Private P&C in Canada by Direct Written Premiums

Canadian Underwriter

continued on page 74

6,611 -360 0 11

Desjardins General Insurance Group Inc. .................................. 2,907,529

Economical Mutual Insurance Company.................................... 1,202,126

Echelon Financial Group................................................................ 161,207

Electric Insurance Company................................................................. 824

9,245

3,227

3,791

12,400

192

1,379

12,737

449

20,980

30,896

21,497

33,447

1,003

2,997

80,663

142

365

31,836

1,702

7,624

40,631

44,878

274

33,593

2,450

3,426

58,553

203

43,231

3,809

115

23,158

54,527

627,353

1,446

27,279

9,722

414,877

195,891

3,007

58,164

9,033

295

84,295

803,160

1,903,246

14,704

50,783

758,178

77,249

3,334

78,721

138,338

12,222

1,593,248

2,275

3,194

833,153

402

2,969

62,446

258

110

490

1,245

301

664

208

7,505

762

5,212

1,381

514

554

292

12,787

155,327

297,430

11,007

328,003

18,865

200,397

361,560

797

2,523

102,774

10,784

3,071

114,076

555

697

1,595

-102

2,247

9,627

926

2,189

143

890

3,942

3,930

279

1,580

2,216

4,244

211

-13

122

253

311

586

0 71 5 0 0 131,165 0 178 531

Great American Insurance Company...................................................... 50

Groupe Estrie-Richelieu Compagnie D’Assurance (Le)...................... 1,534

Guarantee Company of North America (The)................................. 112,819

Hartford Fire Insurance Company...................................................... 1,336

Heartland Farm Mutual Inc............................................................... 44,218

Industrial Alliance Auto and Home Insurance Inc.......................... 156,572

Intact Financial Corporation ....................................................... 4,440,331

International Insurance Company of Hannover SE............................ 1,855

Liberty Mutual Insurance Company................................................. 28,164

Lloyd’s Underwriters......................................................................... 63,131

†Totals include out-of-country business

0 0

Gore Mutual Insurance Company.................................................. 190,495

176

4,442

103

1,450

175

94,978

2,198

2,494

473

48,214

3,321

12,615

1,593

990,530

156,572

226

5,302

1,534

16,350

10,238

1,855

2,168,333

44,218

653

96,534

190,422

1,071

133

258

2,374

231

1,926

9,486

7,059

917,867

249

5,208

16,152

772

73,094

318

2,820

104

5,481

1,223

Everest Insurance Company of Canada................................................ 325 0 0 0 0 12 181 0 0 3 129 0 0 0

Continental Casualty Company........................................................ 29,117

Capitale assurances générales inc. (La)......................................... 493,496

CAA Insurance Company............................................................... 146,140

43,881

CAA - Alberta Motor Association Insurance Company.................. 200,397

Commonwell Mutual Insurance Group (The).................................... 50,783

BCAA Insurance Corporation............................................................. 2,247

Co-operators - Group.................................................................. 1,251,563

Ayr Farmers’ Mutual Ins. Co............................................................. 12,222

84,501

Aviva Canada Group .................................................................. 2,411,998

868

AssurePro Insurance Company Limited............................................. 1,381

Chubb Group.................................................................................. 114,980

Arch Insurance Canada Ltd................................................................ 3,381

Cherokee Insurance Company........................................................... 3,334

0 124

Allianz Global Risks US Insurance Company........................................ 517

American Road Insurance Company (The)....................................... 11,172

Allstate Insurance Company of Canada...................................... 1,069,453

346

Algoma Mutual Insurance Company.................................................. 2,969

Totals† Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

AIG Insurance Company of Canada................................................. 92,066

Numbers reported in 000’s of dollars

AUTOMOBILE 2016 All Private P&C in Canada by Direct Written Premiums (DWP)

UNDERWRITING RESULTS

Canadian Underwriter 11,457 0 0

Travelers - Group............................................................................ 713,138

Trillium Mutual Insurance Co............................................................ 16,210

Wawanesa Mutual Insurance Company (The)............................. 1,146,951

9,937

10,602

9,893

4,015

3,039

2,264

48,898

23,134

141

74,073

59,954

-16

18,656

633

10,828

73,582

11,011

46,588

32,302

-3

6,668

1,306

14,050

49,699

3,272

533

129,607

101

82,008

64,970

416

6,074

392

85,706

302

415,405

16,210

559,601

7,854

10,149

-1

51,507

251

1,196,907

609,124

-470

1,571

23,343

22,225

1,614

59,215

297,787

1,837

388

2,750

241

1,894

610

2,295

629

159,688

9,219

2,121

761

2,828

452

544,734

90,758

472

66,812

533,268

231,058

-307

349

19,176

75,874

3,235

6,697

101,848

520

19,655

680

177

23,960

155

119

8,487

4,355

442

8,208

2,473

1,166

785

276

909

5,977

2,138

830

1,140

402

902

1,496

107

177

†Totals include out-of-country business

TOTALS

21,593,898

Zurich Insurance Company Ltd........................................................ 86,452 421,301

521 88,055

118

562,681

1,856

481,062

2,221

3,026,261

9,842

12,281,426

51,574

10,183

282

198,406

1,879

4,153,770

16,606

260,122

1,070

30,035

310

26,052

324

5,913

XL Specialty Insurance Company....................................................... 2417 3 1 26 4 343 1467 11 13 425 119 5 0 0

0 33

T.H.E. Insurance Company...................................................................... 87

Tokio Marine and Nichido Fire Insurance Company, Limited (The).... 9,253

SSQ Insurance Company Inc......................................................... 129,607

Technology Insurance Company, Inc............................................... 10,149

Sompo Japan Nipponkoa Insurance Inc..................................................-1

34,886

Security National Insurance Company........................................ 1,992,710 6

Saskatchewan Mutual Insurance Company..................................... 11,114

95,204

RSA Canada Group .................................................................... 1,168,936

SGI CANADA.................................................................................. 278,082

RBC Insurance Company of Canada...................................................-788

Sentry Insurance a Mutual Company.................................................... 520

Protective Insurance Company.......................................................... 2,626

Optimum - Group............................................................................. 31,534 0

Ontario School Boards’ Insurance Exchange.................................... 1,614

367

Old Republic Insurance Company of Canada.................................. 68,872

Portage la Prairie Mutual Insurance Company (The)........................ 71,699

10,726

Northbridge Financial Corporation................................................. 538,921

Peace Hills General Insurance Company......................................... 77,977

0 0

Mitsui Sumitomo Insurance Company, Limited................................. 3,754

Municipal Electric Association Reciprocal Ins. Exchange.................. 1,837

Motors Insurance Corporation.............................................................. 388

Millennium Insurance Corporation................................................... 19,655

Totals† Nfld. P.E.I. N.S. N.B. Quebec Ontario Manitoba Sask. Alberta B.C. Yukon N.W.T. Nunavut $ $ $ $ $ $ $ $ $ $ $ $ $ $

Mennonite Mutual Fire Insurance Company......................................... 452

Numbers reported in 000’s of dollars

AUTOMOBILE 2016 All Private P&C in Canada by Direct Written Premiums (DWP)

UNDERWRITING RESULTS

The Underwriting Experience 2012-2016 Detailed results for every group, parent and subsidiary operating in Canada COMPANY OWNERSHIP:

COMPANY TYPE:

C — Canadian

B — Brokerage

US — United States

G — Government

UK — United Kingdom

R — Reinsurance Only

F — Foreign

L — Life Only D — Direct Writer

2017 STATISTICAL GUIDE 75

Affiliated FM Insurance Company

B-US

Kenneth V. Lavigne, Senior Vice President, Manager Canadian Operation & Chief Agent 165 Commerce Valley Drive West, Suite 500 905-763-5555 Fax: 905-763-5556 www.fmglobal.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 70,000 68,000 220,000 323.50 Prop. - Commercial................. 79,248,000 77,212,000 39,759,000 51.50 Prop. - Total............................ 79,318,000 77,280,000 39,979,000 51.70 Boiler/Machinery excld............ 7,987,000 7,694,000 1,154,000 15.00 Liability.................................... 0 0 -2,599,000 0.00 Marine...................................... 1,714,000 1,849,000 928,000 50.20 ——————— ——————— ——————— ————— Total 2016............................... 89,019,000 86,823,000 39,462,000 45.45 Total 2015................................ 93,733,000 89,460,000 47,945,000 53.59 Total 2014................................ 86,439,000 89,730,000 75,254,000 83.87 Total 2013................................ 91,687,000 93,714,000 106,196,000 113.32 Total 2012................................ 97,600,000 90,607,000 102,718,000 113.37

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 116,243,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 27,224,000 Net Premiums Written.......................... 89,019,000 Net Premiums Earned.......................... 86,823,000 Net Claims & Adj Exp........................... 39,462,000 Commissions.......................................... 4,705,000 Taxes...................................................... 3,697,000 General Expenses................................ 11,482,000 Undwrwtg. Profit/Loss......................... 27,467,000 Investment Income................................. 7,729,000

Growth Rate (DPW)..................................... 2.01 Growth Rate (NPW)....................................-5.03 % of Market (NPW)..................................... 0.19 Earned Loss Ratio..................................... 45.45 Total Expense Ratio.................................. 22.90 Combined Loss & Exp. Ratio.................... 68.35 Return on Equity....................................... 14.93

Underwriting Result

2016: +$27,467,000 2015: +$19,074,000 2013: -$33,983,000 2012: -$29,776,000

2014: -$14,048,000

AIG Insurance Company of Canada

B-US

Lynn Oldfield, President & Chief Executive Officer 120 Bremner Boulevard, Suite 2200 416-259-2674 Fax: (416) 977-2743 www.aig.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 20,636,000 11,293,000 7,958,000 70.50 Prop. - Commercial................. 130,309,000 127,574,000 131,776,000 103.30 Prop. - Total............................ 150,945,000 138,867,000 139,734,000 100.60 Aircraft..................................... 6,488,000 7,150,000 5,801,000 81.10 Auto. - Liability........................ 18,214,000 17,524,000 24,032,000 137.10 Auto. - Pers. Acc..................... 7,772,000 7,387,000 1,507,000 20.40 Auto. - Other............................ 10,252,000 8,853,000 6,827,000 77.10 Auto. - Total............................. 36,238,000 33,764,000 32,366,000 95.90 Boiler/Machinery excld............ 4,680,000 4,990,000 3,593,000 72.00 Credit....................................... 4,123,000 3,847,000 2,946,000 76.60 Fidelity..................................... 5,765,000 5,621,000 6,914,000 123.00 Liability.................................... 130,691,000 137,700,000 92,628,000 67.30 Surety...................................... 5,544,000 6,026,000 1,056,000 17.50 Marine...................................... 2,984,000 3,622,000 767,000 21.20 Accident & Sickness................ 44,653,000 44,055,000 22,741,000 51.60 ——————— ——————— ——————— ————— Total 2016............................... 392,111,000 385,642,000 308,546,000 80.01 Total 2015................................ 385,389,000 532,748,000 312,208,000 58.60 Total 2014................................ 643,053,000 609,857,000 73,508,000 12.05 Total 2013................................ 587,332,000 573,836,000 339,685,000 59.20 Total 2012................................ 539,317,000 563,174,000 301,576,000 53.55

2016 Underwriting Performance Summary %

Direct Premiums Written................. 1,106,166,000 Reinsurance Assumed......................... 19,193,000 Reinsurance Ceded............................ 733,248,000 Net Premiums Written........................ 392,111,000 Net Premiums Earned........................ 385,642,000 Net Claims & Adj Exp......................... 308,546,000 Commissions.......................................-38,689,000 Taxes.................................................... 36,105,000 General Expenses................................ 81,287,000 Undwrwtg. Profit/Loss.............................-716,000 Investment Income............................. 105,155,000

Underwriting Result

2016: -$716,000 2013: +$78,746,000

Growth Rate (DPW)....................................-4.37 Growth Rate (NPW)..................................... 1.74 % of Market (NPW)..................................... 0.85 Earned Loss Ratio..................................... 80.01 Total Expense Ratio.................................. 20.41 Combined Loss & Exp. Ratio.................. 100.42 Return on Equity......................................... 6.75

2015: +$100,381,000 2012: +$134,908,000

2014: +$378,565,000

Alberta Motor Association Insurance Company

D-CA

Don Smitten, President 11220 - 109 Street NW (780) 430-5555 Fax: (780) 341-7890 www.ama.ab.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 59,745,000 58,976,000 118,452,000 200.80 Prop. - Commercial................. 2,004,000 2,130,000 1,009,000 47.40 Prop. - Total............................ 61,749,000 61,106,000 119,461,000 195.50 Auto. - Liability........................ 103,925,000 105,014,000 111,448,000 106.10 Auto. - Pers. Acc..................... 9,650,000 10,041,000 8,061,000 80.30 Auto. - Other............................ 79,992,000 84,027,000 55,701,000 66.30 Auto. - Total............................. 193,567,000 199,082,000 175,210,000 88.00 Accident & Sickness................ 1,340,000 1,350,000 629,000 46.60 ——————— ——————— ——————— ————— Total 2016............................... 256,656,000 261,538,000 295,300,000 112.91 Total 2015................................ 291,392,000 298,255,000 233,855,000 78.41 Total 2014................................ 305,812,000 292,521,000 238,301,000 81.46 Total 2013................................ 279,218,000 268,459,000 230,238,000 85.76 Total 2012................................ 260,653,000 254,398,000 193,842,000 76.20

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 285,588,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 28,932,000 Net Premiums Written........................ 256,656,000 Net Premiums Earned........................ 261,538,000 Net Claims & Adj Exp......................... 295,300,000 Commissions........................................ 33,159,000 Taxes...................................................... 9,833,000 General Expenses................................ 28,767,000 Undwrwtg. Profit/Loss........................-96,469,000 Investment Income............................... 16,104,000

Underwriting Result

Growth Rate (DPW)....................................-6.34 Growth Rate (NPW)..................................-11.92 % of Market (NPW)..................................... 0.56 Earned Loss Ratio................................... 112.91 Total Expense Ratio.................................. 27.44 Combined Loss & Exp. Ratio.................. 140.35 Return on Equity......................................-36.80

2016: -$96,469,000 2015: -$6,995,000 2014: -$15,755,000 2013: -$25,496,000 2012: +$127,000

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AIG Insurance Company of Canada is the licensed underwriter of AIG property casualty insurance products in Canada. Coverage may not be available in all provinces and territories and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. © American International Group, Inc. All rights reserved.

2017 STATISTICAL GUIDE

Algoma Mutual Insurance Company

B-CA

Cameron Ross, CEO/Manager 131 Main Street 705-842-3345 Fax: 705-842-3500 www.amico.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 4,270,000 4,161,000 1,787,000 42.90 Prop. - Commercial................. 119,000 109,000 13,000 11.90 Prop. - Total............................ 4,389,000 4,270,000 1,800,000 42.20 Auto. - Liability........................ 1,010,000 1,068,000 393,000 36.80 Auto. - Pers. Acc..................... 554,000 589,000 435,000 73.90 Auto. - Other............................ 560,000 555,000 433,000 78.00 Auto. - Total............................. 2,124,000 2,212,000 1,261,000 57.00 Liability.................................... 349,000 347,000 259,000 74.60 ——————— ——————— ——————— ————— Total 2016............................... 6,862,000 6,829,000 3,320,000 48.62 Total 2015................................ 7,324,000 6,713,000 4,408,000 65.66 Total 2014................................ 6,001,000 6,494,000 3,520,000 54.20 Total 2013................................ 6,671,000 7,083,000 4,249,000 59.99 Total 2012................................ 7,210,000 7,650,000 5,068,000 66.25

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 9,086,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 2,224,000 Net Premiums Written............................ 6,862,000 Net Premiums Earned............................ 6,829,000 Net Claims & Adj Exp............................. 3,320,000 Commissions.......................................... 1,737,000 Taxes.................................................................... 0 General Expenses.................................. 1,440,000 Undwrwtg. Profit/Loss.............................. 447,000 Investment Income.................................... 129,000

Growth Rate (DPW)..................................... 1.08 Growth Rate (NPW)....................................-6.31 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 48.62 Total Expense Ratio.................................. 46.52 Combined Loss & Exp. Ratio.................... 95.14 Return on Equity......................................... 7.59

Underwriting Result

2016: +$447,000 2015: -$532,000 2014: +$66,000 2013: -$462,000 2012: -$393,000

Allianz Global Risks US Insurance Company

B-EU

Ulrich Kadow, Chief Agent 130 Adelaide Street West, Suite 1600 (416) 915-4247 Fax: (416) 849-4555 www.agcs.allianz.com/

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 120,522,000 110,567,000 130,951,000 118.40 Prop. - Total............................ 120,522,000 110,567,000 130,951,000 118.40 Aircraft..................................... 19,924,000 20,784,000 9,728,000 46.80 Auto. - Liability........................ 279,000 163,000 -1,403,000 -860.70 Auto. - Pers. Acc..................... 80,000 66,000 -352,000 -533.30 Auto. - Other............................ 46,000 43,000 -50,000 -116.30 Auto. - Total............................. 405,000 272,000 -1,805,000 -663.60 Boiler/Machinery excld............ 12,136,000 21,668,000 1,370,000 6.30 Hail.......................................... 0 0 69,000 0.00 Liability.................................... 62,535,000 61,109,000 48,093,000 78.70 Marine...................................... 8,601,000 10,815,000 7,733,000 71.50 ——————— ——————— ——————— ————— Total 2016............................... 224,123,000 225,215,000 196,139,000 87.09 Total 2015................................ 223,890,000 205,814,000 160,518,000 77.99 Total 2014................................ 202,084,000 178,985,000 140,894,000 78.72 Total 2013................................ 146,034,000 163,024,000 160,060,000 98.18 Total 2012................................ 174,385,000 177,961,000 150,673,000 84.67

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 381,294,000 Reinsurance Assumed......................... 26,569,000 Reinsurance Ceded............................ 183,740,000 Net Premiums Written........................ 224,123,000 Net Premiums Earned........................ 225,215,000 Net Claims & Adj Exp......................... 196,139,000 Commissions........................................ 17,146,000 Taxes.................................................... 13,658,000 General Expenses................................ 39,261,000 Undwrwtg. Profit/Loss........................-40,989,000 Investment Income............................... 16,710,000

Growth Rate (DPW)..................................... 1.00 Growth Rate (NPW)..................................... 0.10 % of Market (NPW)..................................... 0.49 Earned Loss Ratio..................................... 87.09 Total Expense Ratio.................................. 31.11 Combined Loss & Exp. Ratio.................. 118.20 Return on Equity........................................-9.58

Underwriting Result

2016: -$40,989,000 2015: -$25,758,000 2014: -$14,072,000 2013: -$40,255,000 2012: -$13,920,000

Allied World Specialty Insurance Company

B-US

Gordon Kerr, Chief Agent 200 King Street West, Suite 1600 (647) 558-1120 Fax: (647) 558-1168 www.awac.com/

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 3,591,000 3,112,000 2,708,000 87.00 Prop. - Total............................ 3,591,000 3,112,000 2,708,000 87.00 Credit....................................... 110,000 40,000 35,000 87.50 Liability.................................... 824,000 742,000 329,000 44.30 ——————— ——————— ——————— ————— Total 2016............................... 4,525,000 3,894,000 3,072,000 78.89 Total 2015................................ 2,415,000 2,171,000 1,492,000 68.72 Total 2014................................ 2,121,000 1,053,000 734,000 69.71 Total 2013................................ 64,000 48,000 34,000 70.83 Total 2012................................ 41,000 46,000 33,000 71.74

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 26,412,000 Reinsurance Assumed.............................. 203,000 Reinsurance Ceded.............................. 22,090,000 Net Premiums Written............................ 4,525,000 Net Premiums Earned............................ 3,894,000 Net Claims & Adj Exp............................. 3,072,000 Commissions.........................................-1,730,000 Taxes......................................................... 962,000 General Expenses.................................. 6,070,000 Undwrwtg. Profit/Loss..........................-4,480,000 Investment Income.................................... 269,000

Underwriting Result

Growth Rate (DPW)................................... 27.63 Growth Rate (NPW)................................... 87.37 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 78.89 Total Expense Ratio................................ 136.16 Combined Loss & Exp. Ratio.................. 215.05 Return on Equity......................................-18.87

2016: -$4,480,000 2015: -$3,528,000 2014: -$5,996,000 2013: -$1,664,000 2012: -$464,000

Canadian Underwriter

Allstate Insurance Company of Canada ESURANCE INSURANCE COMPANY OF CANADA PAFCO INSURANCE COMPANY PEMBRIDGE INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 353,362,000 341,566,000 193,508,000 56.70 Prop. - Commercial................. 27,000 27,000 -18,000 -66.70 Prop. - Total............................ 353,389,000 341,593,000 193,490,000 56.60 Auto. - Liability........................ 544,883,000 536,461,000 320,586,000 59.80 Auto. - Pers. Acc..................... 246,971,000 257,535,000 309,120,000 120.00 Auto. - Other............................ 275,917,000 265,456,000 198,810,000 74.90 Auto. - Total............................. 1,067,771,000 1,059,452,000 828,516,000 78.20 Liability.................................... 0 0 8,270,000 0.00 Accident & Sickness................ 1,554,000 1,554,000 1,032,000 66.40 ——————— ——————— ——————— ————— Total 2016............................... 1,422,714,000 1,402,599,000 1,031,308,000 73.53 Total 2015................................ 1,370,172,000 1,311,777,000 917,348,000 69.93 Total 2014................................ 1,257,591,000 1,198,221,000 795,262,000 66.37 Total 2013................................ 1,147,475,000 1,094,136,000 703,969,000 64.34 Total 2012................................ 1,041,006,000 991,392,000 621,399,000 62.68

D-US

Ryan Michel, President & Chief Executive Officer 27 Allstate Parkway, Suite 100 905 477-6900 Fax: 905-475-4991 www.allstate.ca

2016 Underwriting Performance Summary %

Direct Premiums Written................. 1,426,895,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 4,181,000 Net Premiums Written..................... 1,422,714,000 Net Premiums Earned..................... 1,402,599,000 Net Claims & Adj Exp...................... 1,031,308,000 Commissions...................................... 105,163,000 Taxes.................................................... 45,301,000 General Expenses.............................. 218,098,000 Undwrwtg. Profit/Loss......................... 32,653,000 Investment Income............................... 83,248,000

Growth Rate (DPW)..................................... 3.82 Growth Rate (NPW)..................................... 3.83 % of Market (NPW)....................................... 3.1 Earned Loss Ratio..................................... 73.53 Total Expense Ratio.................................. 26.28 Combined Loss & Exp. Ratio.................... 99.81 Return on Equity....................................... 11.42

Underwriting Result

2016: +$32,653,000 2015: +$69,400,000 2013: +$93,977,000 2012: +$112,996,000

2014: +$92,773,000

American Agricultural Insurance Company

R-US

V. Lorraine Williams, Chief Agent in Canada 1145 Nicholson Road, Unit 2 416-496-1148 Fax: 416-496-1089 www.aaic.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,032,000 978,000 333,000 34.00 Prop. - Commercial................. 12,023,000 12,011,000 34,270,000 285.30 Prop. - Total............................ 13,055,000 12,989,000 34,603,000 266.40 Auto. - Liability........................ 74,000 74,000 -900,000 -1,216.20 Auto. - Other............................ 15,000 15,000 -5,000 -33.30 Auto. - Total............................. 89,000 89,000 -905,000 -1,016.90 Boiler/Machinery excld............ 81,000 74,000 23,000 31.10 Hail.......................................... 1,006,000 996,000 759,000 76.20 Liability.................................... 32,000 32,000 0 0.00 Marine...................................... 53,000 36,000 2,000 5.60 ——————— ——————— ——————— ————— Total 2016............................... 14,316,000 14,216,000 34,482,000 242.56 Total 2015................................ 12,336,000 12,069,000 2,064,000 17.10 Total 2014................................ 11,687,000 11,676,000 4,962,000 42.50 Total 2013................................ 11,759,000 11,854,000 16,191,000 136.59 Total 2012................................ 10,996,000 10,791,000 5,359,000 49.66

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................... 22,445,000 Reinsurance Ceded................................ 8,129,000 Net Premiums Written.......................... 14,316,000 Net Premiums Earned.......................... 14,216,000 Net Claims & Adj Exp........................... 34,482,000 Commissions.......................................... 1,715,000 Taxes.................................................................... 0 General Expenses..................................... 752,000 Undwrwtg. Profit/Loss........................-22,733,000 Investment Income................................. 1,203,000

Growth Rate (DPW)............................................ Growth Rate (NPW)................................... 16.05 % of Market (NPW)..................................... 0.03 Earned Loss Ratio................................... 242.56 Total Expense Ratio.................................. 17.35 Combined Loss & Exp. Ratio.................. 259.91 Return on Equity......................................-26.52

Underwriting Result

2016: -$22,733,000 2015: +$7,272,000 2014: +$4,545,000 2013: -$6,978,000 2012: +$3,257,000

American Bankers Insurance Company of Florida

B-US

Robert L. Zanussi, Chief Agent in Canada 5000 Yonge St., Suite 2000 (416) 733-3360 Fax: (613) 634-4640 www.assurant.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 110,415,000 114,653,000 78,122,000 68.10 Prop. - Commercial................. 1,106,000 35,000 9,000 25.70 Prop. - Total............................ 111,521,000 114,688,000 78,131,000 68.10 Credit Protection..................... 10,966,000 10,939,000 2,177,000 19.90 Accident & Sickness................ 13,422,000 13,410,000 1,140,000 8.50 ——————— ——————— ——————— ————— Total 2016............................... 135,909,000 139,037,000 81,448,000 58.58 Total 2015................................ 116,097,000 142,846,000 69,245,000 48.48 Total 2014................................ 130,495,000 142,746,000 62,801,000 43.99 Total 2013................................ 134,348,000 139,423,000 52,418,000 37.60 Total 2012................................ 149,741,000 112,582,000 31,131,000 27.65

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 447,921,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded............................ 312,012,000 Net Premiums Written........................ 135,909,000 Net Premiums Earned........................ 139,037,000 Net Claims & Adj Exp........................... 81,448,000 Commissions........................................ 20,743,000 Taxes.................................................... 13,587,000 General Expenses................................ 20,563,000 Undwrwtg. Profit/Loss........................... 2,696,000 Investment Income................................. 6,475,000

Growth Rate (DPW)..................................... 6.18 Growth Rate (NPW)................................... 17.07 % of Market (NPW)....................................... 0.3 Earned Loss Ratio..................................... 58.58 Total Expense Ratio.................................. 39.48 Combined Loss & Exp. Ratio.................... 98.06 Return on Equity......................................... 3.97

Underwriting Result

2016: +$2,696,000 2015: +$4,467,000 2014: +$6,449,000 2013: +$4,390,000 2012: +$1,590,000

2017 STATISTICAL GUIDE

The American Road Insurance Company

D-US

Colleen Sexsmith, Chief Agent for Canada 1145 Nicholson Rd, Unit 2 905-853-0858 Fax: 905-853-0183 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Other............................ 11,172,000 11,172,000 11,865,000 106.20 Auto. - Total............................. 11,172,000 11,172,000 11,865,000 106.20 ——————— ——————— ——————— ————— Total 2016............................... 11,172,000 11,172,000 11,865,000 106.20 Total 2015................................ 8,581,000 8,581,000 7,707,000 89.81 Total 2014................................ 7,830,000 7,830,000 9,087,000 116.05 Total 2013................................ 7,417,000 7,417,000 6,825,000 92.02 Total 2012................................ 6,697,000 6,697,000 6,708,000 100.16

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 11,172,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................................. 0 Net Premiums Written.......................... 11,172,000 Net Premiums Earned.......................... 11,172,000 Net Claims & Adj Exp........................... 11,865,000 Commissions........................................................ 0 Taxes......................................................... 387,000 General Expenses..................................... 607,000 Undwrwtg. Profit/Loss..........................-1,687,000 Investment Income.................................... 232,000

Growth Rate (DPW)................................... 30.19 Growth Rate (NPW)................................... 30.19 % of Market (NPW)..................................... 0.02 Earned Loss Ratio................................... 106.20 Total Expense Ratio.................................... 8.90 Combined Loss & Exp. Ratio.................. 115.10 Return on Equity......................................-11.31

Underwriting Result

2016: -$1,687,000 2015: -$17,000 2014: -$2,079,000 2013: -$242,000 2012: -$768,000

Antigonish Farmers’ Mutual Insurance Company

D-CA

Sidney Taylor, President and Chief Executive Officer 188 Main Street (902) 863-3544 Fax: 902-863-0664 www.antigonish-mutual.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 4,494,000 4,422,000 3,594,000 81.30 Prop. - Total............................ 4,494,000 4,422,000 3,594,000 81.30 Liability.................................... 644,000 638,000 205,000 32.10 ——————— ——————— ——————— ————— Total 2016............................... 5,138,000 5,060,000 3,799,000 75.08 Total 2015................................ 4,896,000 4,839,000 2,773,000 57.31 Total 2014................................ 4,625,000 4,472,000 2,924,000 65.38 Total 2013................................ 4,388,000 4,269,000 2,831,000 66.32 Total 2012................................ 4,294,000 4,082,000 1,889,000 46.28

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 6,117,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................... 979,000 Net Premiums Written............................ 5,138,000 Net Premiums Earned............................ 5,060,000 Net Claims & Adj Exp............................. 3,799,000 Commissions............................................. 785,000 Taxes......................................................... 238,000 General Expenses.................................. 1,051,000 Undwrwtg. Profit/Loss.............................-676,000 Investment Income.................................... 683,000

Growth Rate (DPW)..................................... 2.91 Growth Rate (NPW)..................................... 4.94 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 75.08 Total Expense Ratio.................................. 40.99 Combined Loss & Exp. Ratio.................. 116.07 Return on Equity......................................... 1.01

Underwriting Result

2016: -$676,000 2015: +$162,000 2014: -$361,000 2013: -$410,000 2012: +$487,000

Arch Insurance Canada Ltd.

B-CA Hugh Sturgess, President & CEO 77 King Street West, Suite 3600 (416) 309-8100 Fax: (416) 309-8150

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Commercial................. 1,967,000 2,470,000 -1,464,000 -59.30 Direct Premiums Written...................... 75,204,000 Growth Rate (DPW)..................................... 5.30 Prop. - Total............................ 1,967,000 2,470,000 -1,464,000 -59.30 Reinsurance Assumed.............................. 366,000 Growth Rate (NPW)................................... 14.91 Aircraft..................................... -15,000 Reinsurance Ceded.............................. 68,626,000 % of Market (NPW)..................................... 0.02 Auto. - Liability........................ 206,000 230,000 2,886,000 1,254.80 Net Premiums Written............................ 6,944,000 Earned Loss Ratio..................................... 13.82 Auto. - Pers. Acc..................... 101,000 117,000 -2,423,000 -2,070.90 Net Premiums Earned............................ 7,090,000 Total Expense Ratio.................................. 83.92 Auto. - Other............................ 113,000 150,000 -53,000 -35.30 Net Claims & Adj Exp................................ 980,000 Combined Loss & Exp. Ratio.................... 97.74 Auto. - Total............................. 420,000 497,000 410,000 82.50 Commissions.......................................-12,988,000 Return on Equity......................................... 0.81 Credit Protection..................... 826,000 1,222,000 2,337,000 191.20 Taxes...................................................... 2,516,000 Fidelity..................................... 43,000 33,000 -179,000 -542.40 General Expenses................................ 16,422,000 Liability.................................... 3,574,000 2,697,000 45,000 1.70 Undwrwtg. Profit/Loss.............................. 160,000 Surety...................................... 68,000 138,000 -167,000 -121.00 Investment Income................................. 3,697,000 Title.......................................... -3,000 Marine...................................... 1,000 Underwriting Result Accident & Sickness................ 46,000 33,000 15,000 45.50 2016: +$160,000 2015: -$9,662,000 2014: -$3,779,000 ——————— ——————— ——————— ————— 2013: -$41,707,000 2012: Total 2016............................... 6,944,000 7,090,000 980,000 13.82 Total 2015................................ 6,043,000 9,014,000 10,575,000 117.32 Total 2014................................ 13,065,000 17,089,000 8,267,000 48.38 Total 2013................................ 17,955,000 47,622,000 63,584,000 133.52 Total 2012................................

Canadian Underwriter

Arch Reinsurance Company

R-Other

Patrick McGuinness, Chief Agent 100 Wellington Street West, Suite 1210 (416) 504-9235

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Personal...................... 2,598,000 2,393,000 1,370,000 57.30 Direct Premiums Written...................................... 0 Growth Rate (DPW)............................................ Prop. - Commercial................. 3,872,000 3,735,000 2,952,000 79.00 Reinsurance Assumed......................... 38,780,000 Growth Rate (NPW)..................................... 0.61 Prop. - Total............................ 6,470,000 6,128,000 4,322,000 70.50 Reinsurance Ceded.............................. 31,413,000 % of Market (NPW)..................................... 0.02 Auto. - Liability........................ 11,000 27,000 18,000 66.70 Net Premiums Written............................ 7,367,000 Earned Loss Ratio..................................... 68.84 Auto. - Pers. Acc..................... 16,000 39,000 47,000 120.50 Net Premiums Earned............................ 6,923,000 Total Expense Ratio.................................. 38.19 Auto. - Other............................ 147,000 124,000 3,000 2.40 Net Claims & Adj Exp............................. 4,766,000 Combined Loss & Exp. Ratio.................. 107.03 Auto. - Total............................. 174,000 190,000 68,000 35.80 Commissions.........................................-4,151,000 Return on Equity........................................-1.34 Boiler/Machinery excld............ 2,000 2,000 1,000 50.00 Taxes...................................................................... Fidelity..................................... 9,000 9,000 9,000 100.00 General Expenses.................................. 6,795,000 Liability.................................... 447,000 407,000 279,000 68.60 Undwrwtg. Profit/Loss.............................-487,000 Surety...................................... 264,000 186,000 87,000 46.80 Investment Income...................................... 95,000 Accident & Sickness................ 1,000 1,000 ——————— ——————— ——————— ————— Underwriting Result Total 2016............................... 7,367,000 6,923,000 4,766,000 68.84 2016: -$487,000 2015: -$2,193,000 2014: Total 2015................................ 7,322,000 4,045,000 2,233,000 55.20 2013: 2012: Total 2014................................ Total 2013................................ Total 2012................................

Ascentus Insurance Ltd.

B-EU John Asher, Senior Vice President & Chief Financial Officer 18 York Street, Suite 800 (416) 366-7511 Fax: (416) 367-9869 www.ascentusinsurance.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 0 0 4,000 0.00 Auto. - Pers. Acc..................... 0 0 -15,000 0.00 Auto. - Total............................. 0 0 -11,000 0.00 Marine...................................... 2,000 40,000 4,000 10.00 ——————— ——————— ——————— ————— Total 2016............................... 2,000 40,000 -7,000 -17.50 Total 2015................................ 128,000 176,000 -93,000 -52.84 Total 2014................................ 208,000 216,000 -46,000 -21.30 Total 2013................................ 210,000 199,000 59,000 29.65 Total 2012................................ 200,000 201,000 -97,000 -48.26

2016 Underwriting Performance Summary %

Direct Premiums Written............................... 7,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded....................................... 5,000 Net Premiums Written................................... 2,000 Net Premiums Earned................................. 40,000 Net Claims & Adj Exp...................................-7,000 Commissions............................................... 11,000 Taxes............................................................. 2,000 General Expenses....................................... 65,000 Undwrwtg. Profit/Loss...............................-31,000 Investment Income...................................... 73,000

Growth Rate (DPW)..................................-98.10 Growth Rate (NPW)..................................-98.44 % of Market (NPW)............................................ Earned Loss Ratio....................................-17.50 Total Expense Ratio................................ 195.00 Combined Loss & Exp. Ratio.................. 177.50 Return on Equity......................................... 0.76

Underwriting Result 2016: 2013:

-$31,000 2015: +$157,000 2014: +$89,000 -$27,000 2012: +$109,000

Aspen Insurance UK Limited

R-EU

J. Brian Reeve, Chief Agent Suite 2100 Scotia Plaza 40 King Street West (416) 869-5745 Fax: (416) 350-6955 www.aspen-re.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 6,560,000 7,532,000 11,066,000 146.90 Prop. - Total............................ 6,560,000 7,532,000 11,066,000 146.90 Aircraft..................................... -1,000 -1,000 15,000 -1,500.00 Auto. - Liability........................ 164,000 129,000 1,089,000 844.20 Auto. - Total............................. 164,000 129,000 1,089,000 844.20 Liability.................................... 5,113,000 3,081,000 -11,201,000 -363.60 Surety...................................... 689,000 484,000 -1,205,000 -249.00 Marine...................................... 56,000 48,000 -9,000 -18.80 ——————— ——————— ——————— ————— Total 2016............................... 12,581,000 11,273,000 -245,000 -2.17 Total 2015................................ 13,583,000 16,503,000 1,607,000 9.74 Total 2014................................ 12,622,000 13,322,000 9,926,000 74.51 Total 2013................................ 12,053,000 11,854,000 1,753,000 14.79 Total 2012................................ 9,013,000 8,397,000 8,546,000 101.77

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 9,197,000 Reinsurance Assumed......................... 26,435,000 Reinsurance Ceded.............................. 23,051,000 Net Premiums Written.......................... 12,581,000 Net Premiums Earned.......................... 11,273,000 Net Claims & Adj Exp...............................-245,000 Commissions............................................. 288,000 Taxes.................................................................... 0 General Expenses.................................. 3,214,000 Undwrwtg. Profit/Loss........................... 8,016,000 Investment Income................................. 1,815,000

Underwriting Result

Growth Rate (DPW)..................................-18.82 Growth Rate (NPW)....................................-7.38 % of Market (NPW)..................................... 0.03 Earned Loss Ratio......................................-2.17 Total Expense Ratio.................................. 31.07 Combined Loss & Exp. Ratio.................... 28.90 Return on Equity......................................... 6.72

2016: +$8,016,000 2015: +$10,535,000 2013: +$5,038,000 2012: -$6,751,000

2014: +$2,824,000

2017 STATISTICAL GUIDE

Associated Electric & Gas Insurance Services Limited J. Brian Reeve, Chief Agent

D-Other

Suite 2100, Scotia Plaza 40 King St. West (416) 869-5745 Fax: (416) 350-6955 www.aegislink.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 80,000 207,000 601,000 290.30 Prop. - Total............................ 80,000 207,000 601,000 290.30 Liability.................................... 19,065,000 16,502,000 -3,872,000 -23.50 Marine...................................... 113,000 113,000 4,000 3.50 ——————— ——————— ——————— ————— Total 2016............................... 19,258,000 16,822,000 -3,267,000 -19.42 Total 2015................................ 17,769,000 23,886,000 16,120,000 67.49 Total 2014................................ 26,033,000 21,900,000 46,741,000 213.43 Total 2013................................ 22,245,000 20,027,000 17,594,000 87.85 Total 2012................................ 16,821,000 19,546,000 9,530,000 48.76

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 33,994,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 14,736,000 Net Premiums Written.......................... 19,258,000 Net Premiums Earned.......................... 16,822,000 Net Claims & Adj Exp............................-3,267,000 Commissions.........................................-1,864,000 Taxes......................................................... 743,000 General Expenses.................................. 6,120,000 Undwrwtg. Profit/Loss......................... 14,565,000 Investment Income.................................... 462,000

Growth Rate (DPW)..................................... 4.68 Growth Rate (NPW)..................................... 8.38 % of Market (NPW)..................................... 0.04 Earned Loss Ratio....................................-19.42 Total Expense Ratio.................................. 29.72 Combined Loss & Exp. Ratio.................... 10.30 Return on Equity......................................... 6.90

Underwriting Result

2016: +$14,565,000 2015: +$2,901,000 2014: -$29,671,000 2013: -$2,646,000 2012: +$5,541,000

AssurePro Insurance Company Limited

D-CA

Fred Titanich, President and CEO 200 Albert St. N. 306-791-4321 Fax: 306-949-4461 www.caask.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Other............................ 304,000 280,000 199,000 71.10 Auto. - Total............................. 304,000 280,000 199,000 71.10 Accident & Sickness................ 1,312,000 1,343,000 274,000 20.40 ——————— ——————— ——————— ————— Total 2016............................... 1,616,000 1,623,000 473,000 29.14 Total 2015................................ 1,634,000 1,625,000 307,000 18.89 Total 2014................................ 1,600,000 1,580,000 434,000 27.47 Total 2013................................ 1,525,000 1,400,000 329,000 23.50 Total 2012................................ 1,338,000 1,303,000 604,000 46.35

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 2,777,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 1,160,000 Net Premiums Written............................ 1,616,000 Net Premiums Earned............................ 1,623,000 Net Claims & Adj Exp................................ 473,000 Commissions............................................. 301,000 Taxes.................................................................... 0 General Expenses..................................... 925,000 Undwrwtg. Profit/Loss...............................-76,000 Investment Income.................................... 155,000

Growth Rate (DPW)..................................... 5.95 Growth Rate (NPW)....................................-1.10 % of Market (NPW)............................................ Earned Loss Ratio..................................... 29.14 Total Expense Ratio.................................. 75.54 Combined Loss & Exp. Ratio.................. 104.68 Return on Equity......................................... 4.88

Underwriting Result

2016: -$76,000 2015: +$152,000 2014: 2013: -$250,000 2012: -$398,000

Aviva Canada Group AVIVA GENERAL INSURANCE COMPANY AVIVA INSURANCE COMPANY OF CANADA ELITE INSURANCE COMPANY PILOT INSURANCE COMPANY S&Y INSURANCE COMPANY SCOTTISH & YORK INSURANCE CO. LIMITED TRADERS GENERAL INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 996,437,000 988,469,000 583,759,000 59.10 Prop. - Commercial................. 520,561,000 526,448,000 347,788,000 66.10 Prop. - Total............................ 1,516,998,000 1,514,917,000 931,547,000 61.50 Auto. - Liability........................ 1,129,844,000 1,104,542,000 613,943,000 55.60 Auto. - Pers. Acc..................... 500,971,000 496,137,000 351,647,000 70.90 Auto. - Other............................ 766,641,000 746,755,000 594,333,000 79.60 Auto. - Total............................. 2,397,455,000 2,347,433,000 1,559,923,000 66.50 Boiler/Machinery excld............ 41,280,000 40,251,000 12,670,000 31.50 Fidelity..................................... 828,000 831,000 223,000 26.80 Liability.................................... 327,441,000 329,076,000 133,258,000 40.50 Surety...................................... 85,524,000 79,370,000 7,802,000 9.80 Marine...................................... 45,443,000 44,215,000 24,549,000 55.50 Accident & Sickness................ 791,000 764,000 409,000 53.50 ——————— ——————— ——————— ————— Total 2016............................... 4,415,760,000 4,356,858,000 2,670,381,000 61.29 Total 2015................................ 3,883,490,000 3,854,923,000 2,453,396,000 63.64 Total 2014................................ 3,828,979,000 3,731,329,000 2,493,328,000 66.82 Total 2013................................ 3,622,441,000 3,534,974,000 2,190,689,000 61.97 Total 2012................................ 3,437,983,000 3,388,615,000 2,099,962,000 61.97

Canadian Underwriter

-$17,000

B-EU Greg Somerville, President & Chief Executive Officer 2206 Eglinton Avenue East 416-288-1800 Fax: 416-288-9756 www.avivacanada.com

2016 Underwriting Performance Summary %

Direct Premiums Written................. 4,573,609,000 Reinsurance Assumed........................... 2,346,000 Reinsurance Ceded............................ 160,194,000 Net Premiums Written..................... 4,415,761,000 Net Premiums Earned..................... 4,356,858,000 Net Claims & Adj Exp...................... 2,670,381,000 Commissions...................................... 805,796,000 Taxes.................................................. 140,233,000 General Expenses.............................. 397,067,000 Undwrwtg. Profit/Loss....................... 343,381,000 Investment Income............................... 30,599,000

Underwriting Result

2016: +$343,381,000 2013: +$204,569,000

Growth Rate (DPW)................................... 11.27 Growth Rate (NPW)................................... 13.71 % of Market (NPW)..................................... 9.61 Earned Loss Ratio..................................... 61.29 Total Expense Ratio.................................. 30.83 Combined Loss & Exp. Ratio.................... 92.12 Return on Equity....................................... 33.31

2015: +$200,544,000 2012: +$166,046,000

2014: +$76,854,000

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Aviva General Insurance Company

D-CA

C. Wesley M. Scott, Chairman 2206 Eglinton Avenue East (416) 288-1800 Fax: (416) 288-9756 www.avivacanada.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 219,866,000 226,584,000 143,447,000 63.30 Prop. - Total............................ 219,866,000 226,584,000 143,447,000 63.30 Auto. - Liability........................ 373,822,000 361,636,000 183,559,000 50.80 Auto. - Pers. Acc..................... 205,358,000 198,267,000 168,925,000 85.20 Auto. - Other............................ 196,419,000 178,396,000 162,054,000 90.80 Auto. - Total............................. 775,599,000 738,299,000 514,538,000 69.70 Liability.................................... 0 22,000 0 0.00 Marine...................................... 0 0 214,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 995,465,000 964,905,000 658,199,000 68.21 Total 2015................................ 789,163,000 758,302,000 543,272,000 71.64 Total 2014................................ 735,350,000 649,856,000 462,705,000 71.20 Total 2013................................ 561,552,000 533,261,000 383,209,000 71.86 Total 2012................................ 537,307,000 536,272,000 377,239,000 70.34

2016 Underwriting Performance Summary %

Direct Premiums Written................. 1,018,755,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 23,290,000 Net Premiums Written........................ 995,465,000 Net Premiums Earned........................ 964,905,000 Net Claims & Adj Exp......................... 658,199,000 Commissions........................................ 19,519,000 Taxes.................................................... 30,283,000 General Expenses.............................. 190,561,000 Undwrwtg. Profit/Loss......................... 66,343,000 Investment Income............................... 29,286,000

Growth Rate (DPW)................................... 26.47 Growth Rate (NPW)................................... 26.14 % of Market (NPW)..................................... 2.17 Earned Loss Ratio..................................... 68.21 Total Expense Ratio.................................. 24.91 Combined Loss & Exp. Ratio.................... 93.12 Return on Equity....................................... 14.52

Underwriting Result

2016: +$66,343,000 2015: +$32,325,000 2013: +$9,972,000 2012: +$34,226,000

Aviva Insurance Company of Canada

2014: +$11,600,000

B-EU

C. Wesley M. Scott, Chairman 2206 Eglinton Avenue East 416-288-1800 Fax: 416-288-9756 www.avivacanada.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 556,824,000 546,795,000 328,041,000 60.00 Prop. - Commercial................. 321,712,000 325,765,000 219,027,000 67.20 Prop. - Total............................ 878,536,000 872,560,000 547,068,000 62.70 Auto. - Liability........................ 597,557,000 588,089,000 333,384,000 56.70 Auto. - Pers. Acc..................... 253,425,000 255,037,000 188,416,000 73.90 Auto. - Other............................ 417,094,000 413,935,000 324,896,000 78.50 Auto. - Total............................. 1,268,076,000 1,257,061,000 846,696,000 67.40 Boiler/Machinery excld............ 25,645,000 24,937,000 8,045,000 32.30 Fidelity..................................... 512,000 514,000 142,000 27.60 Liability.................................... 202,500,000 203,610,000 81,862,000 40.20 Surety...................................... 54,229,000 49,991,000 5,248,000 10.50 Marine...................................... 28,240,000 27,396,000 15,310,000 55.90 Accident & Sickness................ 491,000 474,000 256,000 54.00 ——————— ——————— ——————— ————— Total 2016............................... 2,458,229,000 2,436,543,000 1,504,627,000 61.75 Total 2015................................ 2,411,276,000 2,392,124,000 1,547,213,000 64.68 Total 2014................................ 2,384,459,000 2,317,747,000 1,569,008,000 67.70 Total 2013................................ 2,313,118,000 2,359,874,000 1,516,766,000 64.27 Total 2012................................ 2,345,543,000 2,241,536,000 1,448,533,000 64.62

2016 Underwriting Performance Summary %

Direct Premiums Written................. 3,176,004,000 Reinsurance Assumed....................... 166,472,000 Reinsurance Ceded............................ 884,247,000 Net Premiums Written..................... 2,458,229,000 Net Premiums Earned..................... 2,436,543,000 Net Claims & Adj Exp...................... 1,504,627,000 Commissions...................................... 439,474,000 Taxes.................................................... 93,450,000 General Expenses.............................. 267,959,000 Undwrwtg. Profit/Loss....................... 131,033,000 Investment Income................................. 4,673,000

Growth Rate (DPW)..................................... 0.41 Growth Rate (NPW)..................................... 1.95 % of Market (NPW)..................................... 5.35 Earned Loss Ratio..................................... 61.75 Total Expense Ratio.................................. 32.87 Combined Loss & Exp. Ratio.................... 94.62 Return on Equity....................................... 12.31

Underwriting Result

2016: +$131,033,000 2015: +$91,367,000 2013: +$74,401,000 2012: +$28,260,000

AXA Art Insurance Corporation

2014: +$32,787,000

B-US

Laurie LaPalme, Chief Agent 500 King Street West, Floor 3 (437) 836-3566 Fax: (437) 836-3560 www.axa-art.ca/ Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Personal...................... 1,177,000 1,110,000 220,000 19.80 Direct Premiums Written........................ 3,410,000 Growth Rate (DPW)..................................... 5.05 Prop. - Total............................ 1,177,000 1,110,000 220,000 19.80 Reinsurance Assumed........................................... Growth Rate (NPW)..................................... 4.90 ——————— ——————— ——————— ————— Reinsurance Ceded................................ 2,233,000 % of Market (NPW)............................................ Total 2016............................... 1,177,000 1,110,000 220,000 19.82 Net Premiums Written............................ 1,177,000 Earned Loss Ratio..................................... 19.82 Total 2015................................ 1,122,000 975,000 324,000 33.23 Net Premiums Earned............................ 1,110,000 Total Expense Ratio.................................. 76.94 Total 2014................................ 688,000 358,000 132,000 36.87 Net Claims & Adj Exp................................ 220,000 Combined Loss & Exp. Ratio.................... 96.76 Total 2013................................ Return on Equity......................................... 2.48 Total 2012................................ Commissions............................................-105,000 Taxes...................................................................... General Expenses..................................... 959,000 Undwrwtg. Profit/Loss................................ 36,000 Investment Income.................................... 103,000 Underwriting Result

2016: +$36,000 2015: 2013: 2012:

Canadian Underwriter

-$51,000 2014: -$298,000

Axis Reinsurance Company (Canadian Branch)

R-Other

Darin Scanzano, Chief Agent HSBC Building 70 York Street, Suite 1010 (416) 572-2660 www.axiscapital.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 2,081,000 2,416,000 2,143,000 88.70 Prop. - Total............................ 2,081,000 2,416,000 2,143,000 88.70 Boiler/Machinery excld............ 0 1,000 -225,000 -22,500.00 Fidelity..................................... 133,000 322,000 19,000 5.90 Liability.................................... 16,347,000 20,506,000 16,580,000 80.90 Surety...................................... 932,000 1,016,000 616,000 60.60 Accident & Sickness................ 404,000 1,034,000 -300,000 -29.00 ——————— ——————— ——————— ————— Total 2016............................... 19,897,000 25,295,000 18,833,000 74.45 Total 2015................................ 36,942,000 41,206,000 22,451,000 54.48 Total 2014................................ 41,274,000 41,532,000 26,274,000 63.26 Total 2013................................ 37,409,000 31,813,000 25,450,000 80.00 Total 2012................................ 26,947,000 24,985,000 19,987,000 80.00

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 66,342,000 Reinsurance Assumed......................... 15,537,000 Reinsurance Ceded.............................. 61,982,000 Net Premiums Written.......................... 19,897,000 Net Premiums Earned.......................... 25,295,000 Net Claims & Adj Exp........................... 18,833,000 Commissions.........................................-5,858,000 Taxes...................................................... 2,095,000 General Expenses................................ 11,991,000 Undwrwtg. Profit/Loss..........................-1,766,000 Investment Income.................................... 955,000

Growth Rate (DPW)................................... 12.23 Growth Rate (NPW)..................................-46.14 % of Market (NPW)..................................... 0.04 Earned Loss Ratio..................................... 74.45 Total Expense Ratio.................................. 32.53 Combined Loss & Exp. Ratio.................. 106.98 Return on Equity........................................-1.79

Underwriting Result

2016: -$1,766,000 2015: +$3,350,000 2014: -$241,000 2013: -$6,773,000 2012: -$6,060,000

Ayr Farmers’ Mutual Ins. Co.

B-CA Jeffrey Whiting, President & CEO 1400 Northumberland Street (519) 632-7413 Fax: (519) 632-8908 www.ayrmutual.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 10,981,000 10,657,000 7,308,000 68.60 Prop. - Commercial................. 1,456,000 1,259,000 1,023,000 81.30 Prop. - Total............................ 12,437,000 11,916,000 8,331,000 69.90 Auto. - Liability........................ 5,380,000 5,290,000 2,409,000 45.50 Auto. - Pers. Acc..................... 2,883,000 2,861,000 1,076,000 37.60 Auto. - Other............................ 3,072,000 2,963,000 1,675,000 56.50 Auto. - Total............................. 11,335,000 11,114,000 5,160,000 46.40 Liability.................................... 1,931,000 1,767,000 621,000 35.10 Accident & Sickness................ 17,000 17,000 13,000 76.50 ——————— ——————— ——————— ————— Total 2016............................... 25,720,000 24,814,000 14,125,000 56.92 Total 2015................................ 24,084,000 23,388,000 13,698,000 58.57 Total 2014................................ 22,683,000 22,453,000 13,422,000 59.78 Total 2013................................ 21,819,000 21,268,000 9,050,000 42.55 Total 2012................................ 20,791,000 20,155,000 8,316,000 41.26

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 27,423,000 Reinsurance Assumed.............................. 301,000 Reinsurance Ceded................................ 2,004,000 Net Premiums Written.......................... 25,720,000 Net Premiums Earned.......................... 24,814,000 Net Claims & Adj Exp........................... 14,125,000 Commissions.......................................... 3,335,000 Taxes.................................................................... 0 General Expenses.................................. 4,970,000 Undwrwtg. Profit/Loss........................... 2,724,000 Investment Income................................. 3,375,000

Growth Rate (DPW)..................................... 7.23 Growth Rate (NPW)..................................... 6.79 % of Market (NPW)..................................... 0.06 Earned Loss Ratio..................................... 56.92 Total Expense Ratio.................................. 33.47 Combined Loss & Exp. Ratio.................... 90.39 Return on Equity......................................... 7.67

Underwriting Result

2016: +$2,724,000 2015: +$2,817,000 2014: +$2,144,000 2013: +$5,103,000 2012: +$5,592,000

BCAA Insurance Corporation

D-CA

Bill Heidt, Chair 4567 Canada Way 604-268-5000 Fax: 604-268-5557 www.bcaa.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 47,629,000 45,743,000 25,507,000 55.80 Prop. - Total............................ 47,629,000 45,743,000 25,507,000 55.80 Auto. - Other............................ 704,000 690,000 443,000 64.20 Auto. - Total............................. 704,000 690,000 443,000 64.20 Accident & Sickness................ 1,193,000 1,230,000 120,000 9.80 ——————— ——————— ——————— ————— Total 2016............................... 49,526,000 47,663,000 26,070,000 54.70 Total 2015................................ 43,662,000 40,850,000 24,504,000 59.99 Total 2014................................ 38,679,000 37,686,000 24,292,000 64.46 Total 2013................................ 36,663,000 34,970,000 21,565,000 61.67 Total 2012................................ 33,480,000 31,672,000 18,966,000 59.88

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 155,016,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded............................ 105,490,000 Net Premiums Written.......................... 49,526,000 Net Premiums Earned.......................... 47,663,000 Net Claims & Adj Exp........................... 26,070,000 Commissions.......................................-11,397,000 Taxes...................................................... 6,583,000 General Expenses................................ 20,026,000 Undwrwtg. Profit/Loss........................... 8,877,000 Investment Income................................. 4,933,000

Growth Rate (DPW)..................................... 5.76 Growth Rate (NPW)................................... 13.43 % of Market (NPW)..................................... 0.11 Earned Loss Ratio..................................... 54.70 Total Expense Ratio.................................. 31.92 Combined Loss & Exp. Ratio.................... 86.62 Return on Equity....................................... 22.21

Underwriting Result

2016: +$8,877,000 2015: +$438,000 2014: +$1,703,000 2013: +$1,772,000 2012: -$175,000

2017 STATISTICAL GUIDE

Belair Insurance Company Inc.

D-CA

Claude Dussault, Chairman 300-7101 Jean-Talon St. E., (877) 341-1464 Fax: (416) 941-5322 www.belairdirect.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 192,144,000 184,707,000 102,840,000 55.70 Prop. - Commercial................. 84,087,000 87,466,000 51,245,000 58.60 Prop. - Total............................ 276,231,000 272,173,000 154,085,000 56.60 Aircraft..................................... 0 0 5,000 0.00 Auto. - Liability........................ 214,666,000 213,038,000 145,732,000 68.40 Auto. - Pers. Acc..................... 76,363,000 73,051,000 62,740,000 85.90 Auto. - Other............................ 152,209,000 151,091,000 113,802,000 75.30 Auto. - Total............................. 443,238,000 437,180,000 322,274,000 73.70 Boiler/Machinery excld............ 4,198,000 4,294,000 985,000 22.90 Fidelity..................................... 116,000 132,000 2,000 1.50 Hail.......................................... 0 4,000 -1,000 -25.00 Legal Expense......................... 706,000 656,000 658,000 100.30 Liability.................................... 26,933,000 27,694,000 13,083,000 47.20 Surety...................................... 9,027,000 9,230,000 957,000 10.40 Marine...................................... 3,239,000 3,077,000 1,121,000 36.40 ——————— ——————— ——————— ————— Total 2016............................... 763,688,000 754,440,000 493,169,000 65.37 Total 2015................................ 507,585,000 492,516,000 310,105,000 62.96 Total 2014................................ 473,847,000 475,831,000 309,181,000 64.98 Total 2013................................ 343,864,000 331,524,000 221,576,000 66.84 Total 2012................................ 259,478,000 307,437,000 191,042,000 62.14

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 491,063,000 Reinsurance Assumed....................... 457,032,000 Reinsurance Ceded............................ 184,407,000 Net Premiums Written........................ 763,688,000 Net Premiums Earned........................ 754,440,000 Net Claims & Adj Exp......................... 493,169,000 Commissions...................................... 126,960,000 Taxes.................................................... 28,520,000 General Expenses................................ 87,417,000 Undwrwtg. Profit/Loss......................... 28,716,000 Investment Income............................... 41,650,000

Growth Rate (DPW)................................... 35.54 Growth Rate (NPW)................................... 50.46 % of Market (NPW)..................................... 1.66 Earned Loss Ratio..................................... 65.37 Total Expense Ratio.................................. 32.20 Combined Loss & Exp. Ratio.................... 97.57 Return on Equity....................................... 11.01

Underwriting Result

2016: +$28,716,000 2015: +$30,642,000 2013: +$6,072,000 2012: +$19,410,000

2014: +$22,245,000

Berkley Insurance Company

B-US W. Robert Berkley, Jr., President/CEO 145 King Street West, Suite 1000 (416) 304-1178 Fax: (416) 304-4108 www.wrberkley.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 637,000 446,000 301,000 67.50 Prop. - Commercial................. 4,406,000 4,351,000 2,149,000 49.40 Prop. - Total............................ 5,043,000 4,797,000 2,450,000 51.10 Aircraft..................................... 225,000 263,000 78,000 29.70 Auto. - Other............................ 44,000 28,000 16,000 57.10 Auto. - Total............................. 44,000 28,000 16,000 57.10 Boiler/Machinery excld............ 0 4,000 6,000 150.00 Fidelity..................................... 343,000 338,000 122,000 36.10 Liability.................................... 41,477,000 36,469,000 17,502,000 48.00 Surety...................................... 1,683,000 1,287,000 -459,000 -35.70 Marine...................................... 905,000 950,000 -271,000 -28.50 Accident & Sickness................ 28,517,000 21,878,000 7,376,000 33.70 ——————— ——————— ——————— ————— Total 2016............................... 78,237,000 66,014,000 26,820,000 40.63 Total 2015................................ 60,908,000 47,586,000 28,939,000 60.81 Total 2014................................ 43,979,000 43,811,000 34,926,000 79.72 Total 2013................................ 44,715,000 44,081,000 35,918,000 81.48 Total 2012................................ 43,244,000 42,940,000 31,848,000 74.17

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 83,300,000 Reinsurance Assumed........................... 7,752,000 Reinsurance Ceded.............................. 12,815,000 Net Premiums Written.......................... 78,237,000 Net Premiums Earned.......................... 66,014,000 Net Claims & Adj Exp........................... 26,820,000 Commissions........................................ 16,071,000 Taxes...................................................... 2,426,000 General Expenses................................ 13,373,000 Undwrwtg. Profit/Loss........................... 7,809,000 Investment Income................................. 2,999,000

Growth Rate (DPW)................................... 25.69 Growth Rate (NPW)................................... 28.45 % of Market (NPW)..................................... 0.17 Earned Loss Ratio..................................... 40.63 Total Expense Ratio.................................. 48.28 Combined Loss & Exp. Ratio.................... 88.91 Return on Equity....................................... 11.38

Underwriting Result

2016: +$7,809,000 2015: -$4,113,000 2014: -$12,741,000 2013: -$15,603,000 2012: -$9,547,000

The Boiler Inspection and Insurance Co. of Canada B-EU John Mulvihill, President & CEO 390 Bay Street, Suite 2000 416-363-5491 Fax: 416-363-0538 www.biico.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,094,000 1,087,000 173,000 15.90 Prop. - Commercial................. 7,996,000 6,792,000 3,399,000 50.00 Prop. - Total............................ 9,090,000 7,879,000 3,572,000 45.30 Boiler/Machinery excld............ 110,115,000 108,015,000 36,644,000 33.90 ——————— ——————— ——————— ————— Total 2016............................... 119,205,000 115,894,000 40,216,000 34.70 Total 2015................................ 111,109,000 107,546,000 32,677,000 30.38 Total 2014................................ 105,684,000 98,573,000 29,705,000 30.14 Total 2013................................ 92,206,000 88,994,000 28,336,000 31.84 Total 2012................................ 87,794,000 95,235,000 24,910,000 26.16

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 37,978,000 Reinsurance Assumed......................... 87,046,000 Reinsurance Ceded................................ 5,819,000 Net Premiums Written........................ 119,205,000 Net Premiums Earned........................ 115,894,000 Net Claims & Adj Exp........................... 40,216,000 Commissions........................................ 33,117,000 Taxes...................................................... 1,408,000 General Expenses................................ 22,617,000 Undwrwtg. Profit/Loss......................... 18,536,000 Investment Income................................. 3,476,000

Underwriting Result

Growth Rate (DPW)..................................... 2.33 Growth Rate (NPW)..................................... 7.29 % of Market (NPW)..................................... 0.26 Earned Loss Ratio..................................... 34.70 Total Expense Ratio.................................. 49.31 Combined Loss & Exp. Ratio.................... 84.01 Return on Equity....................................... 19.06

2016: +$18,536,000 2015: +$26,261,000 2013: +$17,330,000 2012: +$22,351,000

Canadian Underwriter

2014: +$21,953,000

CAA Insurance Company

D-CA Jay Woo, President & CEO 60 Commerce Valley Drive E. (905) 771-3000 Fax: (905) 771-3222 www.caasco.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 48,916,000 45,466,000 20,523,000 45.10 Prop. - Total............................ 48,916,000 45,466,000 20,523,000 45.10 Auto. - Liability........................ 71,962,000 70,993,000 35,123,000 49.50 Auto. - Pers. Acc..................... 41,436,000 42,714,000 31,598,000 74.00 Auto. - Other............................ 29,400,000 28,053,000 20,962,000 74.70 Auto. - Total............................. 142,798,000 141,760,000 87,683,000 61.90 Liability.................................... 1,000 1,000 0 0.00 Accident & Sickness................ 628,000 758,000 278,000 36.70 ——————— ——————— ——————— ————— Total 2016............................... 192,343,000 187,985,000 108,484,000 57.71 Total 2015................................ 183,493,000 178,107,000 94,267,000 52.93 Total 2014................................ 175,255,000 181,766,000 113,052,000 62.20 Total 2013................................ 197,246,000 192,014,000 112,934,000 58.82 Total 2012................................ 183,875,000 179,955,000 106,343,000 59.09

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 200,306,000 Reinsurance Assumed.............................. 403,000 Reinsurance Ceded................................ 8,366,000 Net Premiums Written........................ 192,343,000 Net Premiums Earned........................ 187,985,000 Net Claims & Adj Exp......................... 108,484,000 Commissions.......................................... 1,960,000 Taxes...................................................... 6,231,000 General Expenses................................ 58,330,000 Undwrwtg. Profit/Loss......................... 16,161,000 Investment Income............................... 11,126,000

Growth Rate (DPW)..................................... 4.38 Growth Rate (NPW)..................................... 4.82 % of Market (NPW)..................................... 0.42 Earned Loss Ratio..................................... 57.71 Total Expense Ratio.................................. 35.39 Combined Loss & Exp. Ratio.................... 93.10 Return on Equity....................................... 13.07

Underwriting Result

2016: +$16,161,000 2015: +$13,411,000 2013: +$18,892,000 2012: +$11,221,000

2014: +$4,182,000

Canadian Direct Insurance Incorporated

D-CA

Claude Dussault, Chairman 700 University Avenue, Suite 1500-A (877) 341-1464 Fax: (416) 941-5322 www.canadiandirect.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 96,073,000 92,356,000 51,421,000 55.70 Prop. - Commercial................. 42,043,000 43,732,000 25,622,000 58.60 Prop. - Total............................ 138,116,000 136,088,000 77,043,000 56.60 Aircraft..................................... 0 0 2,000 0.00 Auto. - Liability........................ 107,333,000 106,518,000 72,865,000 68.40 Auto. - Pers. Acc..................... 38,181,000 36,525,000 31,371,000 85.90 Auto. - Other............................ 76,106,000 75,546,000 56,899,000 75.30 Auto. - Total............................. 221,620,000 218,589,000 161,135,000 73.70 Boiler/Machinery excld............ 2,099,000 2,147,000 493,000 23.00 Fidelity..................................... 58,000 67,000 1,000 1.50 Hail.......................................... 0 2,000 0 0.00 Legal Expense......................... 352,000 327,000 329,000 100.60 Liability.................................... 13,466,000 13,847,000 6,543,000 47.30 Surety...................................... 4,514,000 4,615,000 478,000 10.40 Marine...................................... 1,619,000 1,538,000 560,000 36.40 ——————— ——————— ——————— ————— Total 2016............................... 381,844,000 377,220,000 246,584,000 65.37 Total 2015................................ 148,635,000 156,137,000 124,112,000 79.49 Total 2014................................ 132,337,000 130,410,000 87,235,000 66.89 Total 2013................................ 130,516,000 126,825,000 88,216,000 69.56 Total 2012................................ 125,410,000 123,204,000 84,592,000 68.66

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 78,474,000 Reinsurance Assumed....................... 364,087,000 Reinsurance Ceded.............................. 60,717,000 Net Premiums Written........................ 381,844,000 Net Premiums Earned........................ 377,220,000 Net Claims & Adj Exp......................... 246,584,000 Commissions........................................ 63,480,000 Taxes.................................................... 14,260,000 General Expenses................................ 43,709,000 Undwrwtg. Profit/Loss......................... 14,358,000 Investment Income............................... 11,158,000

Growth Rate (DPW)..................................-50.78 Growth Rate (NPW)................................. 156.90 % of Market (NPW)..................................... 0.83 Earned Loss Ratio..................................... 65.37 Total Expense Ratio.................................. 32.20 Combined Loss & Exp. Ratio.................... 97.57 Return on Equity....................................... 80.21

Underwriting Result

2016: +$14,358,000 2015: -$12,481,000 2014: +$6,958,000 2013: +$2,916,000 2012: +$4,855,000

Canadian Northern Shield Insurance Company

B-EU

John Asher, Senior Vice President & Chief Financial Officer #1900 - 555 West Hastings (604) 662-2900 Fax: (604) 662-5698 www.cns.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 163,524,000 170,032,000 80,484,000 47.30 Prop. - Commercial................. 12,608,000 13,333,000 5,111,000 38.30 Prop. - Total............................ 176,132,000 183,365,000 85,595,000 46.70 Auto. - Liability........................ 79,000 1,404,000 -1,980,000 -141.00 Auto. - Other............................ 1,189,000 6,058,000 4,942,000 81.60 Auto. - Total............................. 1,268,000 7,462,000 2,962,000 39.70 Boiler/Machinery excld............ 602,000 601,000 21,000 3.50 Fidelity..................................... 26,000 28,000 24,000 85.70 Liability.................................... 8,407,000 8,414,000 5,361,000 63.70 Surety...................................... 5,000 14,000 28,000 200.00 ——————— ——————— ——————— ————— Total 2016............................... 186,440,000 199,884,000 93,991,000 47.02 Total 2015................................ 228,802,000 235,480,000 124,764,000 52.98 Total 2014................................ 232,065,000 225,929,000 140,558,000 62.21 Total 2013................................ 218,337,000 193,476,000 111,752,000 57.76 Total 2012................................ 180,301,000 177,569,000 99,117,000 55.82

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 225,539,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 39,099,000 Net Premiums Written........................ 186,440,000 Net Premiums Earned........................ 199,884,000 Net Claims & Adj Exp........................... 93,991,000 Commissions........................................ 54,802,000 Taxes.................................................... 10,443,000 General Expenses................................ 20,033,000 Undwrwtg. Profit/Loss......................... 20,615,000 Investment Income................................. 4,338,000

Underwriting Result

Growth Rate (DPW)..................................-14.65 Growth Rate (NPW)..................................-18.51 % of Market (NPW)..................................... 0.41 Earned Loss Ratio..................................... 47.02 Total Expense Ratio.................................. 42.66 Combined Loss & Exp. Ratio.................... 89.68 Return on Equity....................................... 13.88

2016: +$20,615,000 2015: +$19,358,000 2013: +$1,237,000 2012: +$5,375,000

2014: -$8,473,000

2017 STATISTICAL GUIDE

La Capitale assurances générales inc. UNICA INSURANCE INCORPORATED UNIQUE ASSURANCES GÉNÉRALES INC. (L’)

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 290,632,000 277,943,000 167,746,000 60.40 Prop. - Commercial................. 81,416,000 77,117,000 32,639,000 42.30 Prop. - Total............................ 372,048,000 355,060,000 200,385,000 56.40 Auto. - Liability........................ 222,833,000 216,468,000 127,051,000 58.70 Auto. - Pers. Acc..................... 27,055,000 29,073,000 23,160,000 79.70 Auto. - Other............................ 242,152,000 241,349,000 198,374,000 82.20 Auto. - Total............................. 492,040,000 486,890,000 348,585,000 71.60 Legal Expense......................... 6,231,000 6,307,000 3,277,000 52.00 Liability.................................... 16,174,000 18,410,000 10,738,000 58.30 Surety...................................... 7,390,000 6,884,000 1,214,000 17.60 ——————— ——————— ——————— ————— Total 2016............................... 893,883,000 873,551,000 564,199,000 64.59 Total 2015................................ 870,518,000 843,546,000 528,269,000 62.62 Total 2014................................ 854,800,000 802,009,000 515,906,000 64.33 Total 2013................................ 813,127,000 753,672,000 488,530,000 64.82 Total 2012................................ 746,165,000 706,493,000 421,354,000 59.64

D-CA

Jean St-Gelais, Chairman of the Board & Chief Executive Officer 625 Jacques-Parizeau (418) 747-7575 Fax: (418) 643-6598 www.lacapitale.com

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 918,261,000 Reinsurance Assumed........................... 3,730,000 Reinsurance Ceded.............................. 28,108,000 Net Premiums Written........................ 893,883,000 Net Premiums Earned........................ 873,551,000 Net Claims & Adj Exp......................... 564,199,000 Commissions........................................ 96,088,000 Taxes.................................................... 30,762,000 General Expenses.............................. 164,493,000 Undwrwtg. Profit/Loss......................... 19,108,000 Investment Income............................... 28,975,000

Growth Rate (DPW)..................................... 4.38 Growth Rate (NPW)..................................... 2.68 % of Market (NPW)..................................... 1.95 Earned Loss Ratio..................................... 64.59 Total Expense Ratio.................................. 33.35 Combined Loss & Exp. Ratio.................... 97.94 Return on Equity....................................... 11.34

Underwriting Result

2016: +$19,108,000 2015: +$27,611,000 2013: -$20,488,000 2012: +$24,976,000

2014: +$2,267,000

Catalina General Insurance Co.

R-Other

H. Steven Frye, Chief Agent 200 University Avenue, 14th Floor (416) 313-2977 Fax: (416) 368-0886

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,000 1,000 -32,000 -3,200.00 Prop. - Commercial................. 1,000 1,000 -9,000 -900.00 Prop. - Total............................ 2,000 2,000 -41,000 -2,050.00 Auto. - Liability........................ 0 0 146,000 0.00 Auto. - Total............................. 0 0 146,000 0.00 Liability.................................... 0 0 -30,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 2,000 2,000 75,000 3,750.00 Total 2015................................ 2,000 2,000 81,000 4,050.00 Total 2014................................ 50,000 50,000 -3,252,000 -6,504.00 Total 2013................................ 62,000 63,000 -297,000 -471.43 Total 2012................................ 44,000 45,000 267,000 593.33

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed.................................. 2,000 Reinsurance Ceded.............................................. 0 Net Premiums Written................................... 2,000 Net Premiums Earned................................... 2,000 Net Claims & Adj Exp.................................. 75,000 Commissions................................................. 3,000 Taxes.................................................................... 0 General Expenses..................................... 198,000 Undwrwtg. Profit/Loss.............................-274,000 Investment Income.................................... 344,000

Growth Rate (DPW)............................................ Growth Rate (NPW)..................................... 0.00 % of Market (NPW)............................................ Earned Loss Ratio................................ 3,750.00 Total Expense Ratio........................... 10,050.00 Combined Loss & Exp. Ratio............. 13,800.00 Return on Equity......................................... 0.42

Underwriting Result

2016: -$274,000 2015: -$439,000 2014: +$2,929,000 2013: +$10,000 2012: -$578,000

CCR RE

R-EU Pierre Dionne, Senior Vice President and Chief Agent in Canada 150 York Street, Suite 1010 (416) 644-0821 Fax: (416) 644-0822 www.ccr-re.fr

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Personal...................... 9,286,000 9,243,000 5,027,000 54.40 Direct Premiums Written........................................ Growth Rate (DPW)............................................ Prop. - Commercial................. 10,835,000 10,691,000 14,611,000 136.70 Reinsurance Assumed......................... 43,646,000 Growth Rate (NPW)............................................ Prop. - Total............................ 20,121,000 19,934,000 19,638,000 98.50 Reinsurance Ceded................................ 3,161,000 % of Market (NPW)..................................... 0.09 Aircraft..................................... -83,000 Net Premiums Written.......................... 40,485,000 Earned Loss Ratio..................................... 49.02 Auto. - Liability........................ 4,116,000 4,035,000 641,000 15.90 Net Premiums Earned.......................... 40,529,000 Total Expense Ratio.................................. 29.30 Auto. - Pers. Acc..................... 1,739,000 1,726,000 -635,000 -36.80 Net Claims & Adj Exp........................... 19,867,000 Combined Loss & Exp. Ratio.................... 78.32 Auto. - Other............................ 2,324,000 2,298,000 460,000 20.00 Commissions.......................................... 8,033,000 Return on Equity....................................... 18.08 Auto. - Total............................. 8,179,000 8,059,000 466,000 5.80 Taxes......................................................... 248,000 Boiler/Machinery excld............ 193,000 193,000 313,000 162.20 General Expenses.................................. 3,592,000 Fidelity..................................... 182,000 182,000 -47,000 -25.80 Undwrwtg. Profit/Loss........................... 8,789,000 Hail.......................................... 701,000 701,000 29,000 4.10 Investment Income................................. 2,655,000 Liability.................................... 8,304,000 8,373,000 -959,000 -11.50 Surety...................................... 1,712,000 1,994,000 13,000 0.70 Underwriting Result Marine...................................... 189,000 189,000 60,000 31.70 2016: +$8,789,000 2015: 2014: Accident & Sickness................ 904,000 904,000 437,000 48.30 2013: 2012: ——————— ——————— ——————— ————— Total 2016............................... 40,485,000 40,529,000 19,867,000 49.02 Total 2015................................ Total 2014................................ Total 2013................................ Total 2012................................

Canadian Underwriter

EXPERTISE YOU CAN RELY ON

CCR Caisse Centrale de Réassurance

@CCR_Reassurance www.ccr-re.fr

CCR Caisse Centrale de Réassurance

Certas Direct Insurance Company

D-CA

Denis Dubois, President and Chief Operating Officer 6300, boul.Guillaume-Couture C.P. 3500 (418) 835-4850 Fax: (418) 835-5599 www.dgidirect.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 95,263,000 126,843,000 73,587,000 58.00 Prop. - Total............................ 95,263,000 126,843,000 73,587,000 58.00 Auto. - Liability........................ 133,954,000 108,990,000 60,276,000 55.30 Auto. - Pers. Acc..................... 66,914,000 36,902,000 28,520,000 77.30 Auto. - Other............................ 67,455,000 75,361,000 70,291,000 93.30 Auto. - Total............................. 268,323,000 221,253,000 159,087,000 71.90 ——————— ——————— ——————— ————— Total 2016............................... 363,586,000 348,096,000 232,674,000 66.84 Total 2015................................ 353,132,000 340,817,000 219,098,000 64.29 Total 2014................................ 319,984,000 321,743,000 208,085,000 64.67 Total 2013................................ 343,760,000 332,910,000 206,626,000 62.07 Total 2012................................ 317,358,000 305,711,000 210,415,000 68.83

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 370,906,000 Reinsurance Assumed....................... 142,528,000 Reinsurance Ceded............................ 149,848,000 Net Premiums Written........................ 363,586,000 Net Premiums Earned........................ 348,096,000 Net Claims & Adj Exp......................... 232,674,000 Commissions........................................ 49,103,000 Taxes.................................................... 11,212,000 General Expenses................................ 42,054,000 Undwrwtg. Profit/Loss......................... 13,263,000 Investment Income............................... 13,784,000

Growth Rate (DPW)..................................... 4.77 Growth Rate (NPW)..................................... 2.96 % of Market (NPW)..................................... 0.79 Earned Loss Ratio..................................... 66.84 Total Expense Ratio.................................. 29.41 Combined Loss & Exp. Ratio.................... 96.25 Return on Equity....................................... 12.45

Underwriting Result

2016: +$13,263,000 2015: +$23,674,000 2013: +$37,852,000 2012: +$14,213,000

Certas Home and Auto Insurance Company

2014: +$25,639,000

D-CA

Denis Dubois, President and Chief Operating Officer 6300, boul. Guillaume-Couture C.P. 3500 (418) 835-4850 Fax: (418) 835-5599 www.dgidirect.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 203,608,000 144,212,000 89,620,000 62.10 Prop. - Commercial................. 17,702,000 12,819,000 6,965,000 54.30 Prop. - Total............................ 221,310,000 157,031,000 96,585,000 61.50 Auto. - Liability........................ 269,414,000 186,416,000 -144,862,000 -77.70 Auto. - Pers. Acc..................... 181,133,000 129,723,000 9,737,000 7.50 Auto. - Other............................ 112,716,000 77,920,000 68,857,000 88.40 Auto. - Total............................. 563,263,000 394,059,000 -66,268,000 -16.80 Boiler/Machinery excld............ -516,000 -340,000 249,000 -73.20 Fidelity..................................... 6,000 5,000 0 0.00 Liability.................................... 21,861,000 16,139,000 819,000 5.10 Surety...................................... 20,000 18,000 10,000 55.60 Marine...................................... 2,935,000 2,738,000 476,000 17.40 ——————— ——————— ——————— ————— Total 2016............................... 808,879,000 569,650,000 31,871,000 5.59 Total 2015................................ 137,846,000 662,645,000 297,033,000 44.83 Total 2014................................ 2,438,000 2,011,000 760,000 37.79 Total 2013................................ 1,717,000 1,891,000 665,000 35.17 Total 2012................................ 2,121,000 1,778,000 1,451,000 81.61

2016 Underwriting Performance Summary %

Direct Premiums Written................. 1,911,952,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded......................... 1,103,073,000 Net Premiums Written........................ 808,879,000 Net Premiums Earned........................ 569,650,000 Net Claims & Adj Exp........................... 31,871,000 Commissions.......................................-83,355,000 Taxes.................................................... 52,248,000 General Expenses.............................. 253,694,000 Undwrwtg. Profit/Loss....................... 315,192,000 Investment Income............................... 78,409,000

Growth Rate (DPW)................................... 13.75 Growth Rate (NPW)................................. 486.80 % of Market (NPW)..................................... 1.76 Earned Loss Ratio....................................... 5.59 Total Expense Ratio.................................. 39.07 Combined Loss & Exp. Ratio.................... 44.66 Return on Equity......................................... 7.63

Underwriting Result

2016: +$315,192,000 2015: +$157,096,000 2013: +$436,000 2012: -$570,000

Cherokee Insurance Company

2014: -$70,440,000

B-US

Sandra Villeneuve, Chief Agent 4285 Industrial Drive, Room 208 (519) 220-0555 Fax: (586) 977-2400

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 1,880,000 1,866,000 1,024,000 54.90 Auto. - Other............................ 717,000 594,000 394,000 66.30 Auto. - Total............................. 2,597,000 2,460,000 1,418,000 57.60 Liability.................................... 188,000 170,000 140,000 82.40 ——————— ——————— ——————— ————— Total 2016............................... 2,785,000 2,630,000 1,558,000 59.24 Total 2015................................ 3,083,000 3,406,000 2,632,000 77.28 Total 2014................................ 3,378,000 3,091,000 2,468,000 79.84 Total 2013................................ 2,970,000 2,912,000 2,647,000 90.90 Total 2012................................ 2,812,000 2,721,000 2,357,000 86.62

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 3,543,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................... 758,000 Net Premiums Written............................ 2,785,000 Net Premiums Earned............................ 2,630,000 Net Claims & Adj Exp............................. 1,558,000 Commissions............................................. 180,000 Taxes......................................................... 106,000 General Expenses..................................... 263,000 Undwrwtg. Profit/Loss.............................. 533,000 Investment Income.................................... 635,000

Underwriting Result

Growth Rate (DPW)..................................-10.19 Growth Rate (NPW)....................................-9.67 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 59.24 Total Expense Ratio.................................. 20.87 Combined Loss & Exp. Ratio.................... 80.11 Return on Equity......................................... 8.58

2016: +$533,000 2015: +$66,000 2014: +$29,000 2013: -$316,000 2012: -$235,000

Canadian Underwriter

Chicago Title Insurance Company

D-US

Robin Cumine, Chief Agent c/o McLean & Kerr, Suite 2800 130 Adelaide Street West www.ctic.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Title.......................................... 34,189,000 34,189,000 1,224,000 3.60 ——————— ——————— ——————— ————— Total 2016............................... 34,189,000 34,189,000 1,224,000 3.58 Total 2015................................ 28,178,000 28,178,000 5,758,000 20.43 Total 2014................................ 26,256,000 26,256,000 7,428,000 28.29 Total 2013................................ 26,027,000 26,027,000 9,139,000 35.11 Total 2012................................ 26,939,000 26,939,000 7,142,000 26.51

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 34,268,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded..................................... 79,000 Net Premiums Written.......................... 34,189,000 Net Premiums Earned.......................... 34,189,000 Net Claims & Adj Exp............................. 1,224,000 Commissions........................................ 17,611,000 Taxes...................................................... 1,567,000 General Expenses.................................. 2,454,000 Undwrwtg. Profit/Loss......................... 11,378,000 Investment Income.................................... 472,000

Growth Rate (DPW)................................... 21.29 Growth Rate (NPW)................................... 21.33 % of Market (NPW)..................................... 0.07 Earned Loss Ratio....................................... 3.58 Total Expense Ratio.................................. 63.27 Combined Loss & Exp. Ratio.................... 66.85 Return on Equity....................................... 22.93

Underwriting Result

2016: +$11,378,000 2015: +$5,294,000 2014: +$5,201,000 2013: +$3,288,000 2012: +$6,397,000

Chubb Group CHUBB INSURANCE COMPANY OF CANADA FEDERAL INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 114,696,000 111,537,000 64,719,000 58.00 Prop. - Commercial................. 61,320,000 65,801,000 54,791,000 83.30 Prop. - Total............................ 176,016,000 177,338,000 119,510,000 67.40 Aircraft..................................... 403,000 597,000 270,000 45.20 Auto. - Liability........................ 31,135,000 31,213,000 26,544,000 85.00 Auto. - Pers. Acc..................... 2,267,000 2,581,000 3,547,000 137.40 Auto. - Other............................ 18,683,000 18,664,000 13,227,000 70.90 Auto. - Total............................. 52,085,000 52,458,000 43,318,000 82.60 Boiler/Machinery excld............ 5,184,000 5,437,000 434,000 8.00 Credit....................................... 1,000 1,000 1,000 100.00 Fidelity..................................... 11,320,000 11,253,000 3,961,000 35.20 Hail.......................................... 18,000 19,000 -7,000 -36.80 Liability.................................... 145,163,000 163,153,000 152,773,000 93.60 Other Approved Products....... 0 9,000 0 0.00 Surety...................................... 12,349,000 15,630,000 5,130,000 32.80 Marine...................................... 2,103,000 3,087,000 2,159,000 69.90 Accident & Sickness................ 9,390,000 9,111,000 2,234,000 24.50 ——————— ——————— ——————— ————— Total 2016............................... 414,032,000 438,093,000 329,783,000 75.28 Total 2015................................ 648,569,000 635,876,000 336,061,000 52.85 Total 2014................................ 629,929,000 616,538,000 342,231,000 55.51 Total 2013................................ 604,471,000 611,028,000 449,812,000 73.62 Total 2012................................ 617,982,000 625,586,000 288,565,000 46.13

B-Other Ellen Moore, President & CEO 199 Bay Street, Suite 2500 416-359-3222 Fax: 416-863-5010 www.chubb.com

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 975,269,000 Reinsurance Assumed......................... 63,848,000 Reinsurance Ceded............................ 625,085,000 Net Premiums Written........................ 414,032,000 Net Premiums Earned........................ 438,093,000 Net Claims & Adj Exp......................... 329,783,000 Commissions.......................................-12,217,000 Taxes.................................................... 32,429,000 General Expenses.............................. 126,322,000 Undwrwtg. Profit/Loss........................-38,224,000 Investment Income............................... 83,955,000

Growth Rate (DPW)....................................-6.53 Growth Rate (NPW)..................................-36.16 % of Market (NPW)....................................... 0.9 Earned Loss Ratio..................................... 75.28 Total Expense Ratio.................................. 33.45 Combined Loss & Exp. Ratio.................. 108.73 Return on Equity......................................... 1.33

Underwriting Result

2016: -$38,224,000 2015: +$68,660,000 2013: -$45,595,000 2012: +$128,798,000

2014: +$56,763,000

Chubb Insurance Company of Canada

B-US

Ellen J. Moore, President & CEO 199 Bay Street, Suite 2500 PO Box 139, Commerce Court Postal Stn. (416) 359-3222 Fax: (416) 863-5010 www.chubb.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 114,771,000 111,615,000 64,730,000 58.00 Prop. - Commercial................. 58,664,000 62,034,000 52,630,000 84.80 Prop. - Total............................ 173,435,000 173,649,000 117,360,000 67.60 Aircraft..................................... 403,000 597,000 270,000 45.20 Auto. - Liability........................ 30,233,000 29,964,000 22,960,000 76.60 Auto. - Pers. Acc..................... 2,191,000 2,505,000 3,521,000 140.60 Auto. - Other............................ 18,369,000 18,324,000 12,958,000 70.70 Auto. - Total............................. 50,793,000 50,793,000 39,439,000 77.60 Boiler/Machinery excld............ 4,668,000 4,940,000 427,000 8.60 Credit....................................... -1,000 -1,000 0 0.00 Fidelity..................................... 10,954,000 10,876,000 3,708,000 34.10 Hail.......................................... 18,000 19,000 -7,000 -36.80 Liability.................................... 138,170,000 155,010,000 156,420,000 100.90 Other Approved Products....... 0 9,000 0 0.00 Surety...................................... 12,300,000 14,508,000 4,121,000 28.40 Marine...................................... 2,103,000 3,087,000 2,159,000 69.90 Accident & Sickness................ 9,193,000 8,981,000 2,213,000 24.60 ——————— ——————— ——————— ————— Total 2016............................... 402,036,000 422,468,000 326,110,000 77.19 Total 2015................................ 729,514,000 730,667,000 397,018,000 54.34 Total 2014................................ 617,085,000 603,053,000 336,055,000 55.73 Total 2013................................ 593,601,000 598,760,000 446,869,000 74.63 Total 2012................................ 605,175,000 609,830,000 285,927,000 46.89

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 954,364,000 Reinsurance Assumed......................... 63,840,000 Reinsurance Ceded............................ 616,168,000 Net Premiums Written........................ 402,036,000 Net Premiums Earned........................ 422,468,000 Net Claims & Adj Exp......................... 326,110,000 Commissions.......................................-13,259,000 Taxes.................................................... 32,403,000 General Expenses.............................. 123,435,000 Undwrwtg. Profit/Loss........................-46,221,000 Investment Income............................... 82,094,000

Underwriting Result

Growth Rate (DPW)....................................-6.27 Growth Rate (NPW)..................................-36.54 % of Market (NPW)..................................... 0.87 Earned Loss Ratio..................................... 77.19 Total Expense Ratio.................................. 33.75 Combined Loss & Exp. Ratio.................. 110.94 Return on Equity......................................... 0.80

2016: -$46,221,000 2015: +$73,991,000 2013: -$50,951,000 2012: +$122,102,000

2014: +$53,675,000

2017 STATISTICAL GUIDE

Clare Mutual Insurance Company

D-CA

Henry J. Thibodeau, Chairperson 3300 Hwy 1 Belliveau Cove 902-837-4597 Fax: 902-837-7745 www.claremutual.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,713,000 1,708,000 210,000 12.30 Prop. - Commercial................. 237,000 248,000 126,000 50.80 Prop. - Total............................ 1,950,000 1,956,000 336,000 17.20 Liability.................................... 199,000 197,000 20,000 10.20 ——————— ——————— ——————— ————— Total 2016............................... 2,149,000 2,153,000 356,000 16.54 Total 2015................................ 1,832,000 1,775,000 571,000 32.17 Total 2014................................ 1,856,000 1,850,000 636,000 34.38 Total 2013................................ 1,872,000 1,842,000 842,000 45.71 Total 2012................................ 1,113,000 1,075,000 876,000 81.49

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 3,029,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................... 880,000 Net Premiums Written............................ 2,149,000 Net Premiums Earned............................ 2,153,000 Net Claims & Adj Exp................................ 356,000 Commissions............................................. 125,000 Taxes.................................................................... 0 General Expenses.................................. 1,082,000 Undwrwtg. Profit/Loss.............................. 691,000 Investment Income...................................... 81,000

Growth Rate (DPW)..................................... 0.13 Growth Rate (NPW)................................... 17.30 % of Market (NPW)............................................ Earned Loss Ratio..................................... 16.54 Total Expense Ratio.................................. 56.06 Combined Loss & Exp. Ratio.................... 72.60 Return on Equity....................................... 25.12

Underwriting Result

2016: +$691,000 2015: +$130,000 2014: +$88,000 2013: -$151,000 2012: -$691,000

Coachman Insurance Company

B-CA

Andrew Cartmell, President & CEO 10 Four Seasons Place, Suite 200 (416) 255-3417 Fax: (416) 255-3347 www.coachmaninsurance.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 7,417,000 6,839,000 3,616,000 52.90 Prop. - Commercial................. 6,190,000 5,939,000 2,800,000 47.10 Prop. - Total............................ 13,607,000 12,778,000 6,416,000 50.20 Auto. - Liability........................ 22,375,000 20,811,000 12,482,000 60.00 Auto. - Pers. Acc..................... 15,360,000 15,181,000 10,887,000 71.70 Auto. - Other............................ 6,860,000 5,937,000 7,748,000 130.50 Auto. - Total............................. 44,595,000 41,929,000 31,117,000 74.20 Boiler/Machinery excld............ 0 0 8,000 0.00 Fidelity..................................... 47,000 58,000 9,000 15.50 Liability.................................... 3,735,000 3,632,000 3,016,000 83.00 Surety...................................... 63,000 60,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 62,047,000 58,457,000 40,566,000 69.39 Total 2015................................ 54,837,000 51,813,000 31,977,000 61.72 Total 2014................................ 52,570,000 50,954,000 32,389,000 63.57 Total 2013................................ 51,653,000 53,648,000 30,850,000 57.50 Total 2012................................ 56,808,000 59,877,000 37,890,000 63.28

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 69,972,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 7,925,000 Net Premiums Written.......................... 62,047,000 Net Premiums Earned.......................... 58,457,000 Net Claims & Adj Exp........................... 40,566,000 Commissions........................................ 10,616,000 Taxes...................................................... 2,037,000 General Expenses.................................. 5,834,000 Undwrwtg. Profit/Loss.............................-596,000 Investment Income................................. 6,081,000

Growth Rate (DPW)..................................... 8.40 Growth Rate (NPW)................................... 13.15 % of Market (NPW)..................................... 0.14 Earned Loss Ratio..................................... 69.39 Total Expense Ratio.................................. 31.62 Combined Loss & Exp. Ratio.................. 101.01 Return on Equity......................................... 5.43

Underwriting Result

2016: -$596,000 2015: +$2,868,000 2014: +$2,871,000 2013: +$7,386,000 2012: +$6,153,000

The Commonwell Mutual Insurance Group

B-CA

Tim Shauf, President & Chief Executive Officer 336 Angeline St. South, P.O. Box 28 (705) 324-2146 Fax: (705) 324-3406 www.thecommonwell.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 62,360,000 61,307,000 35,511,000 57.90 Prop. - Commercial................. 4,790,000 4,570,000 1,155,000 25.30 Prop. - Total............................ 67,150,000 65,877,000 36,666,000 55.70 Auto. - Liability........................ 23,784,000 23,583,000 10,461,000 44.40 Auto. - Pers. Acc..................... 11,475,000 11,368,000 10,277,000 90.40 Auto. - Other............................ 12,013,000 11,816,000 7,998,000 67.70 Auto. - Total............................. 47,272,000 46,767,000 28,736,000 61.40 Liability.................................... 11,261,000 11,180,000 1,756,000 15.70 Accident & Sickness................ 18,000 18,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 125,701,000 123,842,000 67,158,000 54.23 Total 2015................................ 121,765,000 118,897,000 66,021,000 55.53 Total 2014................................ 115,894,000 115,841,000 72,628,000 62.70 Total 2013................................ 87,328,000 86,136,000 51,017,000 59.23 Total 2012................................ 82,932,000 80,653,000 43,827,000 54.34

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 135,399,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 9,698,000 Net Premiums Written........................ 125,701,000 Net Premiums Earned........................ 123,842,000 Net Claims & Adj Exp........................... 67,158,000 Commissions........................................ 25,920,000 Taxes......................................................... 401,000 General Expenses................................ 22,489,000 Undwrwtg. Profit/Loss........................... 9,749,000 Investment Income................................. 8,348,000

Underwriting Result

Growth Rate (DPW)..................................... 3.48 Growth Rate (NPW)..................................... 3.23 % of Market (NPW)..................................... 0.27 Earned Loss Ratio..................................... 54.23 Total Expense Ratio.................................. 39.41 Combined Loss & Exp. Ratio.................... 93.64 Return on Equity......................................... 6.69

2016: +$9,749,000 2015: +$7,055,000 2014: 2013: +$7,950,000 2012: +$9,583,000

-$70,000

Compagnie Française d’Assurance pour le Commerce Extérieur

D-EU

Nicolas Barrandon, Chief Agent 251 Consumers Rd. Suite 910 (647) 426-4050 Fax: (647) 426-4047 www.coface.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Credit....................................... 28,249,000 29,136,000 17,771,000 61.00 ——————— ——————— ——————— ————— Total 2016............................... 28,249,000 29,136,000 17,771,000 60.99 Total 2015................................ 29,600,000 30,175,000 23,889,000 79.17 Total 2014................................ 30,102,000 30,256,000 17,036,000 56.31 Total 2013................................ 26,789,000 26,434,000 6,043,000 22.86 Total 2012................................ 27,837,000 28,975,000 6,593,000 22.75

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 32,840,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 4,591,000 Net Premiums Written.......................... 28,249,000 Net Premiums Earned.......................... 29,136,000 Net Claims & Adj Exp........................... 17,771,000 Commissions.......................................... 8,533,000 Taxes...................................................... 1,413,000 General Expenses.................................. 7,819,000 Undwrwtg. Profit/Loss..........................-3,960,000 Investment Income.................................... 512,000

Growth Rate (DPW)..................................... 1.65 Growth Rate (NPW)....................................-4.56 % of Market (NPW)..................................... 0.06 Earned Loss Ratio..................................... 60.99 Total Expense Ratio.................................. 60.97 Combined Loss & Exp. Ratio.................. 121.96 Return on Equity........................................-8.90

Underwriting Result

2016: -$3,960,000 2015: -$7,821,000 2014: +$1,147,000 2013: +$5,715,000 2012: +$8,667,000

Continental Casualty Company

B-US

John Hennessy, President & Chief Operating Officer 66 Wellington Street West, Suite 3700 416-542-7300 Fax: 416-542-7310 www.cnacanada.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 2,811,000 1,339,000 -47,000 -3.50 Prop. - Commercial................. 77,816,000 74,674,000 47,428,000 63.50 Prop. - Total............................ 80,627,000 76,013,000 47,381,000 62.30 Aircraft..................................... 0 0 -30,000 0.00 Auto. - Liability........................ 17,981,000 17,846,000 9,756,000 54.70 Auto. - Pers. Acc..................... 3,023,000 2,875,000 2,427,000 84.40 Auto. - Other............................ 9,090,000 8,846,000 7,619,000 86.10 Auto. - Total............................. 30,094,000 29,567,000 19,802,000 67.00 Boiler/Machinery excld............ 230,000 186,000 26,000 14.00 Fidelity..................................... 657,000 640,000 558,000 87.20 Liability.................................... 104,464,000 100,335,000 30,886,000 30.80 Surety...................................... 5,684,000 5,704,000 754,000 13.20 Marine...................................... 32,364,000 37,007,000 17,996,000 48.60 Accident & Sickness................ 0 0 22,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 254,120,000 249,452,000 117,395,000 47.06 Total 2015................................ 254,887,000 254,113,000 125,003,000 49.19 Total 2014................................ 261,065,000 278,820,000 155,353,000 55.72 Total 2013................................ 284,229,000 278,242,000 182,717,000 65.67 Total 2012................................ 281,226,000 265,810,000 159,675,000 60.07

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 265,827,000 Reinsurance Assumed......................... 11,444,000 Reinsurance Ceded.............................. 23,151,000 Net Premiums Written........................ 254,120,000 Net Premiums Earned........................ 249,452,000 Net Claims & Adj Exp......................... 117,395,000 Commissions........................................ 45,658,000 Taxes...................................................... 9,061,000 General Expenses................................ 32,513,000 Undwrwtg. Profit/Loss......................... 43,996,000 Investment Income............................... 30,734,000

Growth Rate (DPW)....................................-0.23 Growth Rate (NPW)....................................-0.30 % of Market (NPW)..................................... 0.55 Earned Loss Ratio..................................... 47.06 Total Expense Ratio.................................. 34.97 Combined Loss & Exp. Ratio.................... 82.03 Return on Equity....................................... 10.37

Underwriting Result

2016: +$43,996,000 2015: +$42,055,000 2013: +$4,310,000 2012: +$22,910,000

2014: +$27,532,000

Co-operative Hail Insurance Company Limited

D-CA

W. Bruce Lutz, President Box 777 2709 - 13th Ave. 306-522-8691 Fax: 306-352-9130 www.coophail.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Hail.......................................... 21,794,000 21,794,000 22,176,000 101.80 ——————— ——————— ——————— ————— Total 2016............................... 21,794,000 21,794,000 22,176,000 101.75 Total 2015................................ 13,967,000 13,967,000 8,445,000 60.46 Total 2014................................ 29,015,000 29,015,000 24,294,000 83.73 Total 2013................................ 34,021,000 34,021,000 13,959,000 41.03 Total 2012................................ 32,861,000 0 25,015,000

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 51,707,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 29,913,000 Net Premiums Written.......................... 21,794,000 Net Premiums Earned.......................... 21,794,000 Net Claims & Adj Exp........................... 22,176,000 Commissions........................................ 11,545,000 Taxes...................................................... 1,551,000 General Expenses.................................. 2,504,000 Undwrwtg. Profit/Loss..........................-4,090,000 Investment Income................................. 3,946,000

Growth Rate (DPW)................................... 55.87 Growth Rate (NPW)................................... 56.04 % of Market (NPW)..................................... 0.05 Earned Loss Ratio................................... 101.75 Total Expense Ratio.................................. 17.01 Combined Loss & Exp. Ratio.................. 118.76 Return on Equity......................................... 0.46

Underwriting Result

2016: -$4,090,000 2015: +$3,510,000 2014: -$500,000 2013: +$15,731,000 2012: +$2,734,000

2017 STATISTICAL GUIDE

Co-operators - Group CO-OPERATORS GENERAL INSURANCE COMPANY COSECO INSURANCE COMPANY CUMIS GENERAL INSURANCE COMPANY EQUITABILE GENERAL INSURANCE COMPANY SOVERGIN GENERAL INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 762,265,000 728,165,000 496,022,000 68.10 Prop. - Commercial................. 307,966,000 303,195,000 211,883,000 69.90 Prop. - Total............................ 1,070,231,000 1,031,360,000 707,905,000 68.60 Auto. - Liability........................ 646,139,000 620,559,000 386,494,000 62.30 Auto. - Pers. Acc..................... 217,804,000 215,064,000 161,900,000 75.30 Auto. - Other............................ 378,522,000 368,226,000 308,251,000 83.70 Auto. - Total............................. 1,242,465,000 1,203,849,000 856,645,000 71.20 Boiler/Machinery excld............ 8,888,000 8,450,000 2,347,000 27.80 Fidelity..................................... 7,306,000 7,774,000 3,322,000 42.70 Legal Expense......................... 0 0 1,000 0.00 Liability.................................... 248,286,000 238,001,000 112,993,000 47.50 Surety...................................... 7,764,000 7,832,000 4,879,000 62.30 Marine...................................... 17,332,000 17,441,000 11,951,000 68.50 Accident & Sickness................ 849,000 671,000 51,000 7.60 ——————— ——————— ——————— ————— Total 2016............................... 2,603,121,000 2,515,378,000 1,700,094,000 67.59 Total 2015................................ 2,474,001,000 2,385,770,000 1,556,927,000 65.26 Total 2014................................ 2,311,902,000 2,259,662,000 1,544,552,000 68.35 Total 2013................................ 2,188,886,000 2,139,632,000 1,512,740,000 70.70 Total 2012................................ 2,115,409,000 2,086,565,000 1,306,383,000 62.61

D-CA Rob Wesseling, President and CEO 133 Macdonell ST. 519-824-4400 Fax: 519-763-5152 www.cooperators.ca

2016 Underwriting Performance Summary %

Direct Premiums Written................. 2,845,081,000 Reinsurance Assumed......................... 28,863,000 Reinsurance Ceded............................ 270,823,000 Net Premiums Written..................... 2,603,121,000 Net Premiums Earned..................... 2,515,378,000 Net Claims & Adj Exp...................... 1,700,094,000 Commissions...................................... 359,055,000 Taxes.................................................... 83,780,000 General Expenses.............................. 402,524,000 Undwrwtg. Profit/Loss........................-14,207,000 Investment Income............................. 209,714,000

Growth Rate (DPW)..................................... 6.59 Growth Rate (NPW)..................................... 5.22 % of Market (NPW)..................................... 5.66 Earned Loss Ratio..................................... 67.59 Total Expense Ratio.................................. 33.61 Combined Loss & Exp. Ratio.................. 101.20 Return on Equity......................................... 9.64

Underwriting Result

2016: -$14,207,000 2015: +$62,347,000 2013: -$53,124,000 2012: +$81,094,000

2014: -$3,185,000

Co-operators General Insurance Company COSECO INSURANCE COMPANY EQUITABLE GENERAL INSURANCE COMPANY (THE) SOVEREIGN GENERAL INSURANCE COMPANY (THE)

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 705,766,000 673,007,000 471,212,000 70.00 Prop. - Commercial................. 295,808,000 290,949,000 207,942,000 71.50 Prop. - Total............................ 1,001,574,000 963,956,000 679,154,000 70.50 Auto. - Liability........................ 623,274,000 598,882,000 368,038,000 61.50 Auto. - Pers. Acc..................... 203,989,000 201,708,000 153,090,000 75.90 Auto. - Other............................ 366,210,000 356,666,000 298,399,000 83.70 Auto. - Total............................. 1,193,473,000 1,157,256,000 819,527,000 70.80 Boiler/Machinery excld............ 8,889,000 8,451,000 2,323,000 27.50 Fidelity..................................... 1,127,000 1,190,000 702,000 59.00 Legal Expense......................... 0 0 1,000 0.00 Liability.................................... 241,196,000 230,989,000 110,219,000 47.70 Surety...................................... 7,759,000 7,827,000 4,879,000 62.30 Marine...................................... 17,332,000 17,441,000 11,951,000 68.50 Accident & Sickness................ 676,000 488,000 138,000 28.30 ——————— ——————— ——————— ————— Total 2016............................... 2,472,026,000 2,387,598,000 1,628,894,000 68.22 Total 2015................................ 2,354,451,000 2,271,646,000 1,486,937,000 65.46 Total 2014................................ 2,215,781,000 2,164,429,000 1,484,192,000 68.57 Total 2013................................ 2,095,955,000 2,048,093,000 1,460,176,000 71.29 Total 2012................................ 2,023,203,000 1,995,585,000 1,254,318,000 62.85

D-CA

Rob Wesseling, President and Chief Executive Officer 130 Macdonell St. (519) 824-4400 Fax: (519) 763-5152 www.cooperators.ca

2016 Underwriting Performance Summary %

Direct Premiums Written................. 2,559,476,000 Reinsurance Assumed........................... 8,528,000 Reinsurance Ceded.............................. 95,978,000 Net Premiums Written..................... 2,472,026,000 Net Premiums Earned..................... 2,387,598,000 Net Claims & Adj Exp...................... 1,628,894,000 Commissions...................................... 328,947,000 Taxes.................................................... 78,965,000 General Expenses.............................. 388,754,000 Undwrwtg. Profit/Loss........................-18,537,000 Investment Income............................. 201,652,000

Underwriting Result

Growth Rate (DPW)..................................... 6.18 Growth Rate (NPW)..................................... 4.99 % of Market (NPW)..................................... 5.38 Earned Loss Ratio..................................... 68.22 Total Expense Ratio.................................. 33.37 Combined Loss & Exp. Ratio.................. 101.59 Return on Equity......................................... 9.57

2016: -$18,537,000 2015: +$59,803,000 2013: -$66,809,000 2012: +$73,246,000

2014: -$4,721,000

CorePointe Insurance Company

D-US

Colleen Sexsmith, Chief Agent in Canada 1145 Nicholson Road, Unit 2 (905) 853-0858 Fax: (905) 853-0183

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 0 0 -56,000 0.00 Auto. - Total............................. 0 0 -56,000 0.00 Surety...................................... 22,000 17,000 -9,000 -52.90 ——————— ——————— ——————— ————— Total 2016............................... 22,000 17,000 -65,000 -382.35 Total 2015................................ -819,000 -789,000 -873,000 110.65 Total 2014................................ 53,000 60,000 -367,000 -611.67 Total 2013................................ 43,000 54,000 -400,000 -740.74 Total 2012................................ 52,000 64,000 -1,264,000 -1,975.00

2016 Underwriting Performance Summary %

Direct Premiums Written............................. 45,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded..................................... 23,000 Net Premiums Written................................. 22,000 Net Premiums Earned................................. 17,000 Net Claims & Adj Exp.................................-65,000 Commissions................................................-8,000 Taxes............................................................. 2,000 General Expenses..................................... 199,000 Undwrwtg. Profit/Loss.............................-111,000 Investment Income.................................... 427,000

Underwriting Result

Growth Rate (DPW)..................................... 2.27 Growth Rate (NPW)................................-102.69 % of Market (NPW)............................................ Earned Loss Ratio..................................-382.35 Total Expense Ratio............................. 1,135.29 Combined Loss & Exp. Ratio.................. 752.94 Return on Equity......................................... 4.13

2016: -$111,000 2015: -$64,000 2014: +$316,000 2013: +$301,000 2012: +$982,000

Canadian Underwriter

COSECO Insurance Company

D-CA

Rob Wesseling, President & CEO, Chairperson 5600 Cancross Court (905) 507-5778 Fax: (905) 755-6189 www.cooperators.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 66,583,000 67,299,000 47,119,000 70.00 Prop. - Commercial................. 48,284,000 29,095,000 20,794,000 71.50 Prop. - Total............................ 114,867,000 96,394,000 67,913,000 70.50 Auto. - Liability........................ 46,182,000 59,942,000 36,810,000 61.40 Auto. - Pers. Acc..................... 8,148,000 20,171,000 15,291,000 75.80 Auto. - Other............................ 34,535,000 35,613,000 29,853,000 83.80 Auto. - Total............................. 88,865,000 115,726,000 81,954,000 70.80 Boiler/Machinery excld............ 1,274,000 845,000 232,000 27.50 Fidelity..................................... 144,000 119,000 70,000 58.80 Liability.................................... 34,582,000 23,099,000 11,023,000 47.70 Surety...................................... 1,268,000 783,000 488,000 62.30 Marine...................................... 2,486,000 1,744,000 1,195,000 68.50 Accident & Sickness................ 75,000 49,000 14,000 28.60 ——————— ——————— ——————— ————— Total 2016............................... 243,561,000 238,759,000 162,889,000 68.22 Total 2015................................ 241,069,000 231,982,000 117,547,000 50.67 Total 2014................................ 224,767,000 216,998,000 140,254,000 64.63 Total 2013................................ 211,232,000 208,040,000 183,209,000 88.06 Total 2012................................ 206,019,000 200,511,000 139,828,000 69.74

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 263,845,000 Reinsurance Assumed....................... 366,988,000 Reinsurance Ceded............................ 387,272,000 Net Premiums Written........................ 243,561,000 Net Premiums Earned........................ 238,759,000 Net Claims & Adj Exp......................... 162,889,000 Commissions........................................ 32,438,000 Taxes...................................................... 7,896,000 General Expenses................................ 38,548,000 Undwrwtg. Profit/Loss..........................-1,735,000 Investment Income............................... 34,505,000

Growth Rate (DPW)..................................... 6.60 Growth Rate (NPW)..................................... 1.03 % of Market (NPW)..................................... 0.53 Earned Loss Ratio..................................... 68.22 Total Expense Ratio.................................. 33.04 Combined Loss & Exp. Ratio.................. 101.26 Return on Equity....................................... 14.98

Underwriting Result

2016: -$1,735,000 2015: +$61,446,000 2013: -$21,107,000 2012: +$13,193,000

CUMIS General Insurance Company

2014: +$27,163,000

D-CA

Rob Wesseling, President & Chief Executive Officer 151 North Service Road, P.O. Box 5065 (905) 632-1221 Fax: (905) 632-3005

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 56,499,000 55,158,000 24,810,000 45.00 Prop. - Commercial................. 12,158,000 12,246,000 3,941,000 32.20 Prop. - Total............................ 68,657,000 67,404,000 28,751,000 42.70 Auto. - Liability........................ 22,865,000 21,677,000 18,456,000 85.10 Auto. - Pers. Acc..................... 13,815,000 13,356,000 8,810,000 66.00 Auto. - Other............................ 12,312,000 11,560,000 9,852,000 85.20 Auto. - Total............................. 48,992,000 46,593,000 37,118,000 79.70 Boiler/Machinery excld............ -1,000 -1,000 24,000 -2,400.00 Fidelity..................................... 6,179,000 6,584,000 2,620,000 39.80 Liability.................................... 7,090,000 7,012,000 2,774,000 39.60 Surety...................................... 5,000 5,000 0 0.00 Accident & Sickness................ 173,000 183,000 -87,000 -47.50 ——————— ——————— ——————— ————— Total 2016............................... 131,095,000 127,780,000 71,200,000 55.72 Total 2015................................ 119,550,000 114,124,000 69,990,000 61.33 Total 2014................................ 96,121,000 95,233,000 60,360,000 63.38 Total 2013................................ 92,931,000 91,539,000 52,564,000 57.42 Total 2012................................ 92,206,000 90,980,000 52,065,000 57.23

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 285,605,000 Reinsurance Assumed......................... 20,335,000 Reinsurance Ceded............................ 174,845,000 Net Premiums Written........................ 131,095,000 Net Premiums Earned........................ 127,780,000 Net Claims & Adj Exp........................... 71,200,000 Commissions........................................ 30,108,000 Taxes...................................................... 4,815,000 General Expenses................................ 13,770,000 Undwrwtg. Profit/Loss........................... 4,330,000 Investment Income................................. 8,062,000

Growth Rate (DPW)................................... 10.37 Growth Rate (NPW)..................................... 9.66 % of Market (NPW)..................................... 0.29 Earned Loss Ratio..................................... 55.72 Total Expense Ratio.................................. 38.11 Combined Loss & Exp. Ratio.................... 93.83 Return on Equity....................................... 10.88

Underwriting Result

2016: +$4,330,000 2015: +$2,544,000 2014: +$1,536,000 2013: +$13,685,000 2012: +$7,848,000

DAS Legal Protection Insurance Company Limited B-EU Barbara Haynes, President & CEO 390 Bay Street, Suite 1610 (416) 342-5408 Fax: (416) 342-5430 www.das.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Legal Expense......................... 20,064,000 16,227,000 11,492,000 70.80 ——————— ——————— ——————— ————— Total 2016............................... 20,064,000 16,227,000 11,492,000 70.82 Total 2015................................ 12,847,000 11,876,000 9,527,000 80.22 Total 2014................................ 12,600,000 6,575,000 3,771,000 57.35 Total 2013................................ 5,670,000 3,178,000 1,793,000 56.42 Total 2012................................ 2,199,000 1,396,000 946,000 67.77

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 25,536,000 Reinsurance Assumed........................... 2,487,000 Reinsurance Ceded................................ 7,959,000 Net Premiums Written.......................... 20,064,000 Net Premiums Earned.......................... 16,227,000 Net Claims & Adj Exp........................... 11,492,000 Commissions.......................................... 3,425,000 Taxes......................................................... 390,000 General Expenses.................................. 5,723,000 Undwrwtg. Profit/Loss..........................-4,802,000 Investment Income.................................... 294,000

Growth Rate (DPW)................................... 42.15 Growth Rate (NPW)................................... 56.18 % of Market (NPW)..................................... 0.04 Earned Loss Ratio..................................... 70.82 Total Expense Ratio.................................. 58.78 Combined Loss & Exp. Ratio.................. 129.60 Return on Equity......................................-40.18

Underwriting Result

2016: -$4,802,000 2015: -$5,878,000 2014: -$4,073,000 2013: -$4,061,000 2012: -$4,526,000

2017 STATISTICAL GUIDE

Desjardins General Insurance Group Inc. CERTAS DIRECT INSURANCE COMPANY CERTAS HOME AND AUTO INSURANCE COMPANY DESJARDINS GENERAL INSURANCE INC. PERSONAL GENERAL INSURANCE INC. (THE) PERSONAL INSURANCE COMPANY (THE)

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,076,034,000 979,516,000 570,514,000 58.20 Prop. - Commercial................. 106,301,000 101,282,000 77,109,000 76.10 Prop. - Total............................ 1,182,335,000 1,080,798,000 647,623,000 59.90 Auto. - Liability........................ 1,015,040,000 910,570,000 307,023,000 33.70 Auto. - Pers. Acc..................... 421,552,000 372,567,000 259,671,000 69.70 Auto. - Other............................ 637,180,000 585,641,000 535,709,000 91.50 Auto. - Total............................. 2,073,772,000 1,868,778,000 1,102,403,000 59.00 Boiler/Machinery excld............ 81,000 300,000 440,000 146.70 Fidelity..................................... 3,435,000 3,423,000 1,725,000 50.40 Liability.................................... 53,489,000 47,499,000 17,737,000 37.30 Surety...................................... 476,000 444,000 28,000 6.30 Marine...................................... 2,935,000 2,738,000 476,000 17.40 ——————— ——————— ——————— ————— Total 2016............................... 3,316,523,000 3,003,980,000 1,770,432,000 58.94 Total 2015................................ 2,509,984,000 2,944,562,000 1,859,585,000 63.15 Total 2014................................ 2,196,398,000 2,132,834,000 1,447,688,000 67.88 Total 2013................................ 2,073,475,000 2,005,440,000 1,318,246,000 65.73 Total 2012................................ 1,944,721,000 1,874,511,000 1,303,146,000 69.52

D-CA

Denis Dubois, President 6300, boul. de la Rive-Sud C.P. 3500 (418) 835-4850 Fax: (418) 835-5599

2016 Underwriting Performance Summary %

Direct Premiums Written................. 4,463,163,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded......................... 1,146,640,000 Net Premiums Written..................... 3,316,523,000 Net Premiums Earned..................... 3,003,980,000 Net Claims & Adj Exp...................... 1,770,432,000 Commissions.......................................-40,947,000 Taxes.................................................. 135,492,000 General Expenses.............................. 736,866,000 Undwrwtg. Profit/Loss....................... 400,689,000 Investment Income............................. 198,334,000

Underwriting Result

2016: +$400,689,000 2013: +$163,597,000

Growth Rate (DPW)..................................... 9.08 Growth Rate (NPW)................................... 32.13 % of Market (NPW)..................................... 7.22 Earned Loss Ratio..................................... 58.94 Total Expense Ratio.................................. 27.68 Combined Loss & Exp. Ratio.................... 86.62 Return on Equity....................................... 10.27

2015: +$280,935,000 2012: +$105,801,000

2014: +$81,957,000

Desjardins General Insurance Inc.

D-CA

Denis Dubois, President 6300, boul. Guillaume-Couture CP 3500 (418) 835-4850 Fax: (418) 835-5599 www.desjardinsassurancesgenerales.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 366,142,000 300,417,000 172,627,000 57.50 Prop. - Commercial................. 86,739,000 86,320,000 56,432,000 65.40 Prop. - Total............................ 452,881,000 386,737,000 229,059,000 59.20 Auto. - Liability........................ 247,460,000 265,252,000 179,562,000 67.70 Auto. - Pers. Acc..................... 45,493,000 87,454,000 104,662,000 119.70 Auto. - Other............................ 211,727,000 190,416,000 174,647,000 91.70 Auto. - Total............................. 504,680,000 543,122,000 458,871,000 84.50 Boiler/Machinery excld............ 597,000 640,000 203,000 31.70 Fidelity..................................... 3,390,000 3,379,000 1,715,000 50.80 Liability.................................... 31,164,000 30,887,000 16,807,000 54.40 Surety...................................... 456,000 426,000 18,000 4.20 ——————— ——————— ——————— ————— Total 2016............................... 993,168,000 965,191,000 706,673,000 73.22 Total 2015................................ 937,178,000 908,059,000 640,842,000 70.57 Total 2014................................ 872,892,000 856,007,000 582,054,000 68.00 Total 2013................................ 824,614,000 808,429,000 565,581,000 69.96 Total 2012................................ 798,059,000 775,161,000 558,032,000 71.99

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 990,313,000 Reinsurance Assumed....................... 285,085,000 Reinsurance Ceded............................ 282,230,000 Net Premiums Written........................ 993,168,000 Net Premiums Earned........................ 965,191,000 Net Claims & Adj Exp......................... 706,673,000 Commissions.......................................... 3,256,000 Taxes.................................................... 33,695,000 General Expenses.............................. 231,006,000 Undwrwtg. Profit/Loss........................-10,974,000 Investment Income............................... 51,746,000

Underwriting Result

Growth Rate (DPW)..................................... 4.57 Growth Rate (NPW)..................................... 5.97 % of Market (NPW)..................................... 2.16 Earned Loss Ratio..................................... 73.22 Total Expense Ratio.................................. 27.76 Combined Loss & Exp. Ratio.................. 100.98 Return on Equity......................................... 7.32

2016: -$10,974,000 2015: +$10,771,000 2013: +$21,457,000 2012: +$17,140,000

2014: +$30,427,000

The Dominion of Canada General Insurance Company

B-US

Heather M. Masterson, President and CEO 165 University Ave. 416-362-7231 Fax: 416-362-9918 www.travelerscanada.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 286,227,000 283,071,000 189,405,000 66.90 Prop. - Commercial................. 111,827,000 112,587,000 84,147,000 74.70 Prop. - Total............................ 398,054,000 395,658,000 273,552,000 69.10 Auto. - Liability........................ 342,799,000 334,585,000 191,878,000 57.30 Auto. - Pers. Acc..................... 160,295,000 159,797,000 101,654,000 63.60 Auto. - Other............................ 167,177,000 163,880,000 121,027,000 73.90 Auto. - Total............................. 670,271,000 658,262,000 414,559,000 63.00 Fidelity..................................... 1,008,000 979,000 870,000 88.90 Liability.................................... 77,678,000 77,103,000 50,675,000 65.70 Surety...................................... 1,945,000 1,640,000 -609,000 -37.10 ——————— ——————— ——————— ————— Total 2016............................... 1,148,956,000 1,133,642,000 739,047,000 65.19 Total 2015................................ 1,135,054,000 1,164,816,000 751,383,000 64.51 Total 2014................................ 1,177,363,000 1,223,170,000 876,087,000 71.62 Total 2013................................ 1,183,620,000 1,177,537,000 900,221,000 76.45 Total 2012................................ 1,206,918,000 1,209,265,000 883,958,000 73.10

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written................. 1,174,403,000 Reinsurance Assumed........................... 4,090,000 Reinsurance Ceded.............................. 29,537,000 Net Premiums Written..................... 1,148,956,000 Net Premiums Earned..................... 1,133,642,000 Net Claims & Adj Exp......................... 739,047,000 Commissions...................................... 209,417,000 Taxes.................................................... 38,795,000 General Expenses.............................. 204,257,000 Undwrwtg. Profit/Loss........................-46,106,000 Investment Income............................... 67,266,000

Underwriting Result

Growth Rate (DPW)..................................... 0.89 Growth Rate (NPW)..................................... 1.22 % of Market (NPW)....................................... 2.5 Earned Loss Ratio..................................... 65.19 Total Expense Ratio.................................. 39.91 Combined Loss & Exp. Ratio.................. 105.10 Return on Equity......................................... 1.73

2016: -$46,106,000 2015: -$20,062,000 2014: -$57,048,000 2013: -$125,853,000 2012: -$69,848,000

SEPTEMBER 24-27, 2017 | TORONTO, ONTARIO

Registration is Open! WWW.RIMSCANADACONFERENCE.CA

Ecclesiastical Insurance Office plc

B-EU

Stephanie Jacinta Whyte, Chief Agent and General Manager for Canada 20 Eglinton Avenue West, Suite 2200 Box 2004 416-484-4555 Fax: 416-484-6352 www.ecclesiastical.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 37,866,000 37,812,000 29,614,000 78.30 Prop. - Total............................ 37,866,000 37,812,000 29,614,000 78.30 Boiler/Machinery excld............ 0 0 20,000 0.00 Liability.................................... 24,100,000 22,574,000 10,126,000 44.90 ——————— ——————— ——————— ————— Total 2016............................... 61,966,000 60,386,000 39,760,000 65.84 Total 2015................................ 60,280,000 57,352,000 32,337,000 56.38 Total 2014................................ 54,990,000 52,112,000 28,606,000 54.89 Total 2013................................ 49,590,000 45,912,000 30,059,000 65.47 Total 2012................................ 44,016,000 41,765,000 22,336,000 53.48

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 81,805,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 19,839,000 Net Premiums Written.......................... 61,966,000 Net Premiums Earned.......................... 60,386,000 Net Claims & Adj Exp........................... 39,760,000 Commissions.......................................... 9,441,000 Taxes...................................................... 2,954,000 General Expenses................................ 12,948,000 Undwrwtg. Profit/Loss..........................-4,447,000 Investment Income................................. 1,947,000

Growth Rate (DPW)..................................... 4.99 Growth Rate (NPW)..................................... 2.80 % of Market (NPW)..................................... 0.13 Earned Loss Ratio..................................... 65.84 Total Expense Ratio.................................. 41.97 Combined Loss & Exp. Ratio.................. 107.81 Return on Equity........................................-2.61

Underwriting Result

2016: -$4,447,000 2015: +$1,312,000 2014: +$2,216,000 2013: -$2,321,000 2012: -$561,000

Echelon Insurance

D-CA Serge Lavoie, President and Chief Executive Officer 2680 Matheson Boulevard East, Suite 300 (905) 214-7880 Fax: (905) 214-7881 www.echeloninsurance.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 16,464,000 15,751,000 8,569,000 54.40 Prop. - Commercial................. 6,944,000 4,492,000 2,932,000 65.30 Prop. - Total............................ 23,408,000 20,243,000 11,501,000 56.80 Auto. - Liability........................ 63,768,000 57,261,000 33,812,000 59.00 Auto. - Pers. Acc..................... 34,141,000 30,850,000 27,282,000 88.40 Auto. - Other............................ 39,075,000 35,071,000 28,861,000 82.30 Auto. - Total............................. 136,984,000 123,182,000 89,955,000 73.00 Boiler/Machinery excld............ 77,000 77,000 0 0.00 Credit....................................... 0 99,000 0 0.00 Legal Expense......................... 507,000 500,000 182,000 36.40 Liability.................................... 5,669,000 5,808,000 -1,997,000 -34.40 Surety...................................... 1,767,000 728,000 241,000 33.10 Accident & Sickness................ 228,000 152,000 249,000 163.80 ——————— ——————— ——————— ————— Total 2016............................... 168,640,000 150,789,000 100,131,000 66.40 Total 2015................................ 150,633,000 146,669,000 90,735,000 61.86 Total 2014................................ 156,328,000 150,070,000 86,709,000 57.78 Total 2013................................ 157,008,000 155,840,000 106,551,000 68.37 Total 2012................................ 166,409,000 162,838,000 106,856,000 65.62

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 178,724,000 Reinsurance Assumed........................... 1,480,000 Reinsurance Ceded.............................. 11,564,000 Net Premiums Written........................ 168,640,000 Net Premiums Earned........................ 150,789,000 Net Claims & Adj Exp......................... 100,131,000 Commissions........................................ 25,476,000 Taxes...................................................... 5,438,000 General Expenses................................ 31,329,000 Undwrwtg. Profit/Loss..........................-9,465,000 Investment Income............................... 10,183,000

Growth Rate (DPW)..................................... 9.38 Growth Rate (NPW)................................... 11.95 % of Market (NPW)..................................... 0.37 Earned Loss Ratio..................................... 66.40 Total Expense Ratio.................................. 41.28 Combined Loss & Exp. Ratio.................. 107.68 Return on Equity......................................... 0.69

Underwriting Result

2016: -$9,465,000 2015: +$2,163,000 2014: +$2,456,000 2013: -$1,005,000 2012: +$5,192,000

Economical Mutual Insurance Company MISSISQUOI INSURANCE COMPANY (THE) PERTH INSURANCE COMPANY SONNET INSURANCE COMPANY WATERLOO INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 358,729,000 354,363,000 218,583,000 61.70 Prop. - Commercial................. 302,633,000 301,297,000 217,654,000 72.20 Prop. - Total............................ 661,362,000 655,660,000 436,237,000 66.50 Auto. - Liability........................ 543,657,000 522,217,000 404,741,000 77.50 Auto. - Pers. Acc..................... 241,114,000 227,659,000 160,982,000 70.70 Auto. - Other............................ 409,826,000 393,432,000 296,690,000 75.40 Auto. - Total............................. 1,194,597,000 1,143,308,000 862,413,000 75.40 Boiler/Machinery excld............ 0 3,000 1,000 33.30 Fidelity..................................... 2,197,000 2,196,000 356,000 16.20 Liability.................................... 151,337,000 152,875,000 93,668,000 61.30 Surety...................................... 1,459,000 1,561,000 2,000 0.10 ——————— ——————— ——————— ————— Total 2016............................... 2,010,952,000 1,955,603,000 1,392,677,000 71.21 Total 2015................................ 1,935,352,000 1,905,655,000 1,222,938,000 64.17 Total 2014................................ 1,877,801,000 1,845,282,000 1,297,274,000 70.30 Total 2013................................ 1,803,586,000 1,769,195,000 1,180,063,000 66.70 Total 2012................................ 1,723,656,000 1,666,018,000 1,018,448,000 61.13

Canadian Underwriter

B-CA

Rowan Saunders, President and Chief Executive Officer 111 Westmount Rd. South, P.O. Box 2000 (519) 570-8500 Fax: (519) 570-8389 www.economical.com

2016 Underwriting Performance Summary %

Direct Premiums Written................. 2,080,444,000 Reinsurance Assumed........................... 3,676,000 Reinsurance Ceded.............................. 73,168,000 Net Premiums Written..................... 2,010,952,000 Net Premiums Earned..................... 1,955,603,000 Net Claims & Adj Exp...................... 1,392,677,000 Commissions...................................... 371,390,000 Taxes.................................................... 69,346,000 General Expenses.............................. 312,070,000 Undwrwtg. Profit/Loss......................-164,810,000 Investment Income............................. 131,757,000

Underwriting Result

Growth Rate (DPW)..................................... 3.82 Growth Rate (NPW)..................................... 3.91 % of Market (NPW)..................................... 4.38 Earned Loss Ratio..................................... 71.21 Total Expense Ratio.................................. 38.49 Combined Loss & Exp. Ratio.................. 109.70 Return on Equity........................................-1.13

2016: -$164,810,000 2015: +$47,335,000 2013: +$6,086,000 2012: +$69,983,000

2014: -$54,437,000

91,254 PEOPLE CAN’T BE WRONG Since we started our post-claims surveys in 2007, thousands of people have taken the time to let us know how impressed they were with the way Economical took care of them. From fires and floods to fender-benders, we’re proud to earn a 93% claims satisfaction rating — one delighted customer at a time.

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property | auto | business Economical Insurance includes the following companies: Economical Mutual Insurance Company, The Missisquoi Insurance Company, Perth Insurance Company, Waterloo Insurance Company, Family Insurance Solutions Inc., Sonnet Insurance Company, Petline Insurance Company. Percentage based on 91,254 Economical claimant survey responses measuring customer satisfaction with claims services from January 2007 to December 2016. ©2017 Economical Insurance. All rights reserved. All Economical intellectual property, including but not limited to Economical® and related trademarks, names and logos are the property of Economical Mutual Insurance Company and/or its subsidiaries and/or affiliates and are registered and/or used in Canada. All other intellectual property is the property of their respective owners.

Echelon Financial Group

ECHELON INSURANCE INSURANCE COMPANY OF PRINCE EDWARD ISLAND

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 19,862,000 19,146,000 9,516,000 49.70 Prop. - Commercial................. 9,318,000 6,702,000 3,847,000 57.40 Prop. - Total............................ 29,180,000 25,848,000 13,363,000 51.70 Auto. - Liability........................ 72,967,000 66,043,000 37,585,000 56.90 Auto. - Pers. Acc..................... 36,542,000 33,200,000 29,655,000 89.30 Auto. - Other............................ 47,004,000 42,676,000 34,301,000 80.40 Auto. - Total............................. 156,513,000 141,919,000 101,541,000 71.50 Boiler/Machinery excld............ 77,000 40,000 4,000 10.00 Credit....................................... 0 99,000 0 0.00 Legal Expense......................... 507,000 500,000 182,000 36.40 Liability.................................... 7,272,000 7,408,000 -1,742,000 -23.50 Surety...................................... 1,800,000 751,000 241,000 32.10 Accident & Sickness................ 228,000 152,000 249,000 163.80 ——————— ——————— ——————— ————— Total 2016............................... 195,577,000 176,717,000 113,838,000 64.42 Total 2015................................ 176,287,000 172,321,000 107,398,000 62.32 Total 2014................................ 181,588,000 176,096,000 105,852,000 60.11 Total 2013................................ 182,459,000 180,922,000 121,989,000 67.43 Total 2012................................ 191,075,000 186,688,000 118,226,000 63.33

Serge Lavoie, President &CEO 2680 Matheson Boulevard East, Suite 300 905-214-7880 Fax: 905-214-7881 www.echelon-insurance.ca

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 208,358,000 Reinsurance Assumed........................... 1,480,000 Reinsurance Ceded.............................. 14,261,000 Net Premiums Written........................ 195,577,000 Net Premiums Earned........................ 176,717,000 Net Claims & Adj Exp......................... 113,838,000 Commissions........................................ 30,275,000 Taxes...................................................... 6,505,000 General Expenses................................ 36,147,000 Undwrwtg. Profit/Loss..........................-7,635,000 Investment Income............................... 11,209,000

Growth Rate (DPW)..................................... 9.16 Growth Rate (NPW)................................... 10.94 % of Market (NPW)..................................... 0.43 Earned Loss Ratio..................................... 64.42 Total Expense Ratio.................................. 41.27 Combined Loss & Exp. Ratio.................. 105.69 Return on Equity......................................... 2.40

Underwriting Result

2016: -$7,635,000 2015: +$2,040,000 2014: +$254,000 2013: -$545,000 2012: +$8,753,000

Electric Insurance Company

D-US

J. Brian Reeve, Chief Agent 2100 Scotia Plaza 40 King St. W. (416) 869-5746 Fax: (416) 360-8877 electricinsurance.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 191,000 191,000 45,000 23.60 Auto. - Total............................. 191,000 191,000 45,000 23.60 Liability.................................... 2,607,000 2,607,000 -163,000 -6.30 ——————— ——————— ——————— ————— Total 2016............................... 2,798,000 2,798,000 -118,000 -4.22 Total 2015................................ 2,620,000 2,620,000 -1,207,000 -46.07 Total 2014................................ 2,298,000 2,298,000 1,751,000 76.20 Total 2013................................ 1,874,000 1,874,000 1,787,000 95.36 Total 2012................................ 338,000 338,000 -831,000 -245.86

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 11,685,000 Reinsurance Assumed................................ 88,000 Reinsurance Ceded................................ 8,975,000 Net Premiums Written............................ 2,798,000 Net Premiums Earned............................ 2,798,000 Net Claims & Adj Exp...............................-118,000 Commissions........................................................ 0 Taxes......................................................... 433,000 General Expenses..................................... 742,000 Undwrwtg. Profit/Loss........................... 1,741,000 Investment Income................................. 1,336,000

Growth Rate (DPW)................................... 14.53 Growth Rate (NPW)..................................... 6.79 % of Market (NPW)..................................... 0.01 Earned Loss Ratio......................................-4.22 Total Expense Ratio.................................. 41.99 Combined Loss & Exp. Ratio.................... 37.77 Return on Equity......................................... 3.74

Underwriting Result

2016: +$1,741,000 2015: +$2,744,000 2014: -$407,000 2013: -$781,000 2012: +$419,000

Elite Insurance Company

B-EU C. Wesley M. Scott, Chairman 2206 Eglinton Avenue East 416-288-1800 Fax: 416-288-9756 www.avivacanada.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 66,299,000 65,105,000 39,059,000 60.00 Prop. - Commercial................. 38,306,000 38,789,000 25,849,000 66.60 Prop. - Total............................ 104,605,000 103,894,000 64,908,000 62.50 Auto. - Liability........................ 71,149,000 70,020,000 39,955,000 57.10 Auto. - Pers. Acc..................... 30,173,000 30,364,000 22,431,000 73.90 Auto. - Other............................ 49,661,000 49,286,000 38,684,000 78.50 Auto. - Total............................. 150,983,000 149,670,000 101,070,000 67.50 Boiler/Machinery excld............ 3,053,000 2,969,000 957,000 32.20 Fidelity..................................... 61,000 61,000 17,000 27.90 Liability.................................... 24,111,000 24,244,000 9,719,000 40.10 Surety...................................... 6,457,000 5,953,000 625,000 10.50 Marine...................................... 3,363,000 3,262,000 1,825,000 55.90 Accident & Sickness................ 59,000 56,000 30,000 53.60 ——————— ——————— ——————— ————— Total 2016............................... 292,692,000 290,109,000 179,151,000 61.75 Total 2015................................ 287,102,000 284,822,000 184,223,000 64.68 Total 2014................................ 283,909,000 275,966,000 186,815,000 67.69 Total 2013................................ 254,640,000 245,610,000 146,751,000 59.75 Total 2012................................ 229,051,000 251,736,000 150,992,000 59.98

100

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 272,439,000 Reinsurance Assumed....................... 177,418,000 Reinsurance Ceded............................ 157,165,000 Net Premiums Written........................ 292,692,000 Net Premiums Earned........................ 290,109,000 Net Claims & Adj Exp......................... 179,151,000 Commissions........................................ 52,326,000 Taxes.................................................... 11,127,000 General Expenses................................ 31,888,000 Undwrwtg. Profit/Loss......................... 15,617,000 Investment Income...................................-515,000

Underwriting Result

Growth Rate (DPW)....................................-3.65 Growth Rate (NPW)..................................... 1.95 % of Market (NPW)..................................... 0.64 Earned Loss Ratio..................................... 61.75 Total Expense Ratio.................................. 32.86 Combined Loss & Exp. Ratio.................... 94.61 Return on Equity....................................... 12.14

2016: +$15,617,000 2015: +$10,877,000 2013: +$16,011,000 2012: +$11,405,000

2014: +$3,905,000

Employers Insurance Company of Wausau

Garth Pepper, Chief Agent for Canada 181 Bay Street, Suite 1000 (416) 365-7587 Fax: (416) 307-4372

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 0 0 -1,000 0.00 Prop. - Total............................ 0 0 -1,000 0.00 Auto. - Liability........................ 0 0 -3,000 0.00 Auto. - Total............................. 0 0 -3,000 0.00 Liability.................................... 0 0 -17,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 0 0 -21,000 Total 2015................................ 0 0 -27,000 Total 2014................................ 0 0 -41,000 Total 2013................................ 0 0 -75,000 Total 2012................................ 0 0 -382,000 -

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................................. 0 Net Premiums Written.......................................... 0 Net Premiums Earned.......................................... 0 Net Claims & Adj Exp.................................-21,000 Commissions........................................................ 0 Taxes............................................................. 3,000 General Expenses....................................... 78,000 Undwrwtg. Profit/Loss...............................-60,000 Investment Income.................................... 471,000

Growth Rate (DPW)............................................ Growth Rate (NPW)............................................ % of Market (NPW)............................................ Earned Loss Ratio.............................................. Total Expense Ratio........................................... Combined Loss & Exp. Ratio............................. Return on Equity......................................... 1.22

Underwriting Result

2016: -$60,000 2015: -$75,000 2014: -$47,000 2013:

-$22,000 2012: +$292,000

The Equitable General Insurance Company

Rob Wesseling, President and Chief Executive Officer 2475 Boul. Laurier (418) 780-1873 Fax: (418) 650-6865 www.cooperators.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

——————— ——————— ——————— ————— Total 2016............................... 0 0 0 Total 2015................................ 0 0 0 Total 2014................................ 0 0 0 Total 2013................................ 0 0 0 Total 2012................................ 0 0 0

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................................. 0 Net Premiums Written.......................................... 0 Net Premiums Earned.......................................... 0 Net Claims & Adj Exp........................................... 0 Commissions........................................................ 0 Taxes............................................................. 1,000 General Expenses....................................... 36,000 Undwrwtg. Profit/Loss...............................-37,000 Investment Income.................................... 108,000

Underwriting Result

2016: -$37,000 2015: -$41,000 2014: -$29,000 2013: -$26,000 2012: -$33,000

Esurance Insurance Company of Canada

D-US

Ryan Michel, President & Chief Operating Officer 100 - 27 Allstate Parkway (905) 477-6900 Fax: (905) 475-4991 https://www.esurance.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Personal...................... 3,000 1,000 Direct Premiums Written........................... 774,000 Growth Rate (DPW).............................. 2,568.97 Prop. - Total............................ 3,000 1,000 Reinsurance Assumed........................................... Growth Rate (NPW).............................. 2,568.97 Auto. - Liability........................ 685,000 431,000 396,000 91.90 Reinsurance Ceded................................................ % of Market (NPW)............................................ Auto. - Pers. Acc..................... -44,000 -35,000 218,000 -622.90 Net Premiums Written............................... 774,000 Earned Loss Ratio................................... 156.40 Auto. - Other............................ 130,000 64,000 107,000 167.20 Net Premiums Earned............................... 461,000 Total Expense Ratio................................ 123.21 Auto. - Total............................. 771,000 460,000 721,000 156.70 Combined Loss & Exp. Ratio.................. 279.61 ——————— ——————— ——————— ————— Net Claims & Adj Exp................................ 721,000 Commissions............................................... 65,000 Return on Equity........................................-1.64 Total 2016............................... 774,000 461,000 721,000 156.40 Taxes............................................................. 2,000 Total 2015................................ 29,000 20,000 46,000 230.00 General Expenses..................................... 501,000 Total 2014................................ Total 2013................................ Undwrwtg. Profit/Loss.............................-762,000 Total 2012................................ Investment Income.................................... 369,000 Underwriting Result

2016: -$762,000 2015: -$413,000 2014: 2013: 2012:

2017 STATISTICAL GUIDE

101

Euler Hermes North America Insurance Company

D-EU

David Dienesch, CEO & Chief Agent for Canada 1155 René-Lévesque Boulevard West Suite 2810 (514) 876-9656 Fax: (514) 876-9658 www.eulerhermes.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Credit....................................... 12,885,000 14,404,000 4,120,000 28.60 ——————— ——————— ——————— ————— Total 2016............................... 12,885,000 14,404,000 4,120,000 28.60 Total 2015................................ 13,430,000 11,746,000 11,488,000 97.80 Total 2014................................ 16,814,000 11,805,000 6,940,000 58.79 Total 2013................................ 9,751,000 9,447,000 5,500,000 58.22 Total 2012................................ 12,252,000 11,093,000 3,291,000 29.67

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 47,349,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 34,464,000 Net Premiums Written.......................... 12,885,000 Net Premiums Earned.......................... 14,404,000 Net Claims & Adj Exp............................. 4,120,000 Commissions.........................................-5,448,000 Taxes...................................................... 2,010,000 General Expenses.................................. 9,147,000 Undwrwtg. Profit/Loss........................... 6,660,000 Investment Income................................. 1,137,000

Growth Rate (DPW)....................................-1.11 Growth Rate (NPW)....................................-4.06 % of Market (NPW)..................................... 0.03 Earned Loss Ratio..................................... 28.60 Total Expense Ratio.................................. 39.63 Combined Loss & Exp. Ratio.................... 68.23 Return on Equity....................................... 12.33

Underwriting Result

2016: +$6,660,000 2015: -$833,000 2014: +$2,048,000 2013: +$603,000 2012: +$4,551,000

Everest - Group EVEREST INSURANCE COMPANY OF CANADA EVEREST REINSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 6,556,000 6,946,000 15,910,000 229.10 Prop. - Commercial................. 27,904,000 26,148,000 27,525,000 105.30 Prop. - Total............................ 34,460,000 33,094,000 43,435,000 131.20 Aircraft..................................... 40,000 43,000 -75,000 -174.40 Auto. - Liability........................ 4,065,000 3,921,000 -10,970,000 -279.80 Auto. - Pers. Acc..................... 2,870,000 2,888,000 7,421,000 257.00 Auto. - Total............................. 6,935,000 6,809,000 -3,549,000 -52.10 Boiler/Machinery excld............ 362,000 364,000 119,000 32.70 Credit....................................... 119,000 119,000 0 0.00 Fidelity..................................... 60,000 80,000 102,000 127.50 Hail.......................................... 3,187,000 3,368,000 1,628,000 48.30 Liability.................................... 31,656,000 30,876,000 3,598,000 11.70 Mortgage................................. 1,316,000 1,217,000 -381,000 -31.30 Surety...................................... 1,874,000 1,868,000 905,000 48.40 Marine...................................... 327,000 358,000 19,000 5.30 Accident & Sickness................ 420,000 346,000 173,000 50.00 ——————— ——————— ——————— ————— Total 2016............................... 80,756,000 78,542,000 45,974,000 58.53 Total 2015................................ 69,903,000 68,259,000 -14,678,000 -21.50 Total 2014................................ 68,749,000 66,980,000 -22,435,000 -33.50 Total 2013................................ 67,269,000 70,387,000 28,584,000 40.61 Total 2012................................ 72,760,000 101,447,000 64,134,000 63.22

Other David Crozier, President & Chief Executive Officer 130 King Street West Suite 2620 416-487-3900 Fax: 416-487-0311 www.everestcanada.com

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 97,919,000 Reinsurance Assumed....................... 240,242,000 Reinsurance Ceded............................ 257,405,000 Net Premiums Written.......................... 80,756,000 Net Premiums Earned.......................... 78,542,000 Net Claims & Adj Exp........................... 45,974,000 Commissions.......................................... 1,430,000 Taxes...................................................... 3,069,000 General Expenses................................ 20,194,000 Undwrwtg. Profit/Loss........................... 7,875,000 Investment Income............................... 16,904,000

Growth Rate (DPW)................................... 30.87 Growth Rate (NPW)................................... 15.53 % of Market (NPW)..................................... 0.18 Earned Loss Ratio..................................... 58.53 Total Expense Ratio.................................. 31.44 Combined Loss & Exp. Ratio.................... 89.97 Return on Equity......................................... 3.16

Underwriting Result

2016: +$7,875,000 2015: +$62,941,000 2013: +$17,633,000 2012: +$7,073,000

Everest Insurance Company of Canada

2014: +$67,981,000

B-Other

David Crozier, President & Chief Executive Officer 130 King Street West Suite 2620 (416) 487-3900 Fax: (416) 487-0311 www.everestcanada.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 5,713,000 4,918,000 7,133,000 145.00 Prop. - Total............................ 5,713,000 4,918,000 7,133,000 145.00 Auto. - Liability........................ 36,000 35,000 24,000 68.60 Auto. - Total............................. 36,000 35,000 24,000 68.60 Liability.................................... 11,205,000 10,867,000 6,978,000 64.20 Surety...................................... 25,000 22,000 20,000 90.90 Accident & Sickness................ 192,000 161,000 55,000 34.20 ——————— ——————— ——————— ————— Total 2016............................... 17,171,000 16,003,000 14,210,000 88.80 Total 2015................................ 15,644,000 11,762,000 7,412,000 63.02 Total 2014................................ 7,482,000 5,685,000 5,901,000 103.80 Total 2013................................ 4,774,000 4,339,000 5,330,000 122.84 Total 2012................................ 4,401,000 4,520,000 4,232,000 93.63

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 97,919,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 80,748,000 Net Premiums Written.......................... 17,171,000 Net Premiums Earned.......................... 16,003,000 Net Claims & Adj Exp........................... 14,210,000 Commissions.........................................-7,743,000 Taxes...................................................... 3,069,000 General Expenses................................ 10,585,000 Undwrwtg. Profit/Loss..........................-4,118,000 Investment Income.................................... 980,000

Underwriting Result

Growth Rate (DPW)................................... 30.87 Growth Rate (NPW)..................................... 9.76 % of Market (NPW)..................................... 0.04 Earned Loss Ratio..................................... 88.80 Total Expense Ratio.................................. 36.94 Combined Loss & Exp. Ratio.................. 125.74 Return on Equity........................................-4.32

2016: -$4,118,000 2015: +$1,167,000 2014: -$4,262,000 2013: -$9,498,000 2012: -$6,045,000

102

Canadian Underwriter

Everest Reinsurance Company

R-US

Russell Lewis, Canadian Reinsurance Operations, Chief Agent 130 King Street W. The Exchange Tower, Suite 2520 416-862-1228 Fax: 416-366-5899 www.everestregroup.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 6,556,000 6,946,000 15,910,000 229.10 Prop. - Commercial................. 22,191,000 21,230,000 20,392,000 96.10 Prop. - Total............................ 28,747,000 28,176,000 36,302,000 128.80 Aircraft..................................... 40,000 43,000 -75,000 -174.40 Auto. - Liability........................ 4,029,000 3,886,000 -10,994,000 -282.90 Auto. - Pers. Acc..................... 2,870,000 2,888,000 7,421,000 257.00 Auto. - Total............................. 6,899,000 6,774,000 -3,573,000 -52.70 Boiler/Machinery excld............ 362,000 364,000 119,000 32.70 Credit....................................... 119,000 119,000 0 0.00 Fidelity..................................... 60,000 80,000 102,000 127.50 Hail.......................................... 3,187,000 3,368,000 1,628,000 48.30 Liability.................................... 20,451,000 20,009,000 -3,380,000 -16.90 Mortgage................................. 1,316,000 1,217,000 -381,000 -31.30 Surety...................................... 1,849,000 1,846,000 885,000 47.90 Marine...................................... 327,000 358,000 19,000 5.30 Accident & Sickness................ 228,000 185,000 118,000 63.80 ——————— ——————— ——————— ————— Total 2016............................... 63,585,000 62,539,000 31,764,000 50.79 Total 2015................................ 54,259,000 56,497,000 -22,090,000 -39.10 Total 2014................................ 61,267,000 61,295,000 -28,336,000 -46.23 Total 2013................................ 62,495,000 66,048,000 23,254,000 35.21 Total 2012................................ 68,359,000 96,927,000 59,902,000 61.80

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed....................... 240,242,000 Reinsurance Ceded............................ 176,657,000 Net Premiums Written.......................... 63,585,000 Net Premiums Earned.......................... 62,539,000 Net Claims & Adj Exp........................... 31,764,000 Commissions.......................................... 9,173,000 Taxes.................................................................... 0 General Expenses.................................. 9,609,000 Undwrwtg. Profit/Loss......................... 11,993,000 Investment Income............................... 15,924,000

Growth Rate (DPW)............................................ Growth Rate (NPW)................................... 17.19 % of Market (NPW)..................................... 0.14 Earned Loss Ratio..................................... 50.79 Total Expense Ratio.................................. 30.03 Combined Loss & Exp. Ratio.................... 80.82 Return on Equity......................................... 3.97

Underwriting Result

2016: +$11,993,000 2015: +$61,774,000 2013: +$27,131,000 2012: +$13,118,000

Factory Mutual Insurance Company

2014: +$72,243,000

B-US

Kenneth V. Lavigne, Senior Vice President, Manager Canadian Operation & Chief Agent 165 Commerce Valley Drive West, Suite 500 905-763-5555 Fax: 905-763-5556 www.fmglobal.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 173,039,000 164,550,000 82,782,000 50.30 Prop. - Total............................ 173,039,000 164,550,000 82,782,000 50.30 Boiler/Machinery excld............ 63,577,000 67,918,000 49,812,000 73.30 ——————— ——————— ——————— ————— Total 2016............................... 236,616,000 232,468,000 132,594,000 57.04 Total 2015................................ 232,359,000 224,987,000 257,119,000 114.28 Total 2014................................ 195,745,000 201,880,000 224,681,000 111.29 Total 2013................................ 234,019,000 228,137,000 92,500,000 40.55 Total 2012................................ 241,168,000 250,205,000 124,241,000 49.66

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 331,005,000 Reinsurance Assumed........................... 3,685,000 Reinsurance Ceded.............................. 98,074,000 Net Premiums Written........................ 236,616,000 Net Premiums Earned........................ 232,468,000 Net Claims & Adj Exp......................... 132,594,000 Commissions.......................................-17,476,000 Taxes.................................................... 13,072,000 General Expenses................................ 55,516,000 Undwrwtg. Profit/Loss......................... 48,762,000 Investment Income............................... 24,278,000

Growth Rate (DPW)....................................-1.51 Growth Rate (NPW)..................................... 1.83 % of Market (NPW)..................................... 0.51 Earned Loss Ratio..................................... 57.04 Total Expense Ratio.................................. 21.99 Combined Loss & Exp. Ratio.................... 79.03 Return on Equity......................................... 8.54

Underwriting Result

2016: +$48,762,000 2015: -$75,452,000 2014: -$63,623,000 2013: +$92,549,000 2012: +$80,880,000

Farm Mutual Reinsurance Plan Inc.

R-CA

Steve Smith, President and Chief Executive Officer 350 Pinebush Road 519-740-6415 Fax: 519-740-8852 www.fmrp.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 95,879,000 96,016,000 90,268,000 94.00 Prop. - Total............................ 95,879,000 96,016,000 90,268,000 94.00 Auto. - Liability........................ 42,261,000 42,240,000 29,386,000 69.60 Auto. - Total............................. 42,261,000 42,240,000 29,386,000 69.60 Boiler/Machinery excld............ -413,000 -413,000 19,000 -4.60 Liability.................................... 14,055,000 13,942,000 -270,000 -1.90 Accident & Sickness................ 37,000 37,000 7,000 18.90 ——————— ——————— ——————— ————— Total 2016............................... 151,819,000 151,822,000 119,410,000 78.65 Total 2015................................ 132,008,000 134,964,000 85,170,000 63.11 Total 2014................................ 133,020,000 133,175,000 91,999,000 69.08 Total 2013................................ 135,476,000 138,787,000 82,204,000 59.23 Total 2012................................ 141,183,000 142,422,000 74,623,000 52.40

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed....................... 183,448,000 Reinsurance Ceded.............................. 31,629,000 Net Premiums Written........................ 151,819,000 Net Premiums Earned........................ 151,822,000 Net Claims & Adj Exp......................... 119,410,000 Commissions........................................ 14,194,000 Taxes.................................................................... 0 General Expenses................................ 12,680,000 Undwrwtg. Profit/Loss........................... 5,538,000 Investment Income............................... 28,067,000

Underwriting Result

Growth Rate (DPW)............................................ Growth Rate (NPW)................................... 15.01 % of Market (NPW)..................................... 0.33 Earned Loss Ratio..................................... 78.65 Total Expense Ratio.................................. 17.70 Combined Loss & Exp. Ratio.................... 96.35 Return on Equity......................................... 7.12

2016: +$5,538,000 2015: +$27,487,000 2013: +$34,145,000 2012: +$42,989,000

2014: +$20,582,000

2017 STATISTICAL GUIDE

103

FCT Insurance Company Ltd.

D-CA

2235 Sheridan Garden Drive (905) 287-1000 Fax: (905) 287-2400 www.fct.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Mortgage................................. 1,526,000 1,526,000 2,984,000 195.50 Title.......................................... 155,949,000 155,949,000 39,752,000 25.50 ——————— ——————— ——————— ————— Total 2016............................... 157,475,000 157,475,000 42,736,000 27.14 Total 2015................................ 144,754,000 144,754,000 46,294,000 31.98 Total 2014................................ 120,363,000 120,363,000 37,005,000 30.74 Total 2013................................ 97,406,000 97,406,000 19,983,000 20.52 Total 2012................................ 102,271,000 102,271,000 32,322,000 31.60

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 164,380,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 6,905,000 Net Premiums Written........................ 157,475,000 Net Premiums Earned........................ 157,475,000 Net Claims & Adj Exp........................... 42,736,000 Commissions............................................. 175,000 Taxes...................................................... 5,417,000 General Expenses................................ 81,402,000 Undwrwtg. Profit/Loss......................... 27,745,000 Investment Income................................-1,376,000

Growth Rate (DPW)..................................... 9.27 Growth Rate (NPW)..................................... 8.79 % of Market (NPW)..................................... 0.34 Earned Loss Ratio..................................... 27.14 Total Expense Ratio.................................. 55.24 Combined Loss & Exp. Ratio.................... 82.38 Return on Equity....................................... 24.05

Underwriting Result

2016: +$27,745,000 2015: +$16,933,000 2013: +$14,998,000 2012: +$5,285,000

2014: +$9,871,000

Federal Insurance Company

B-US Ellen J. Moore, Chief Agent in Canada 199 Bay Street, Suite 2500 PO Box 139, Commerce Court Postal Stn. 416-863-0550 Fax: 416-863-3144 www.chubbinsurance.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... -75,000 -78,000 -11,000 14.10 Prop. - Commercial................. 2,656,000 3,767,000 2,161,000 57.40 Prop. - Total............................ 2,581,000 3,689,000 2,150,000 58.30 286.90 Auto. - Liability........................ 902,000 1,249,000 3,584,000 Auto. - Pers. Acc..................... 76,000 76,000 26,000 34.20 Auto. - Other............................ 314,000 340,000 269,000 79.10 Auto. - Total............................. 1,292,000 1,665,000 3,879,000 233.00 Boiler/Machinery excld............ 516,000 497,000 7,000 1.40 2,000 2,000 1,000 50.00 Credit....................................... Fidelity..................................... 366,000 377,000 253,000 67.10 Liability.................................... 6,993,000 8,143,000 -3,647,000 -44.80 Surety...................................... 49,000 1,122,000 1,009,000 89.90 Accident & Sickness................ 197,000 130,000 21,000 16.20 ——————— ——————— ——————— ————— Total 2016............................... 11,996,000 15,625,000 3,673,000 23.51 Total 2015................................ 15,053,000 15,334,000 11,122,000 72.53 Total 2014................................ 12,844,000 13,485,000 6,176,000 45.80 2,943,000 23.99 Total 2013................................ 10,870,000 12,268,000 Total 2012................................ 12,807,000 15,756,000 2,638,000 16.74

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 20,905,000 Reinsurance Assumed.................................. 8,000 Reinsurance Ceded................................ 8,917,000 Net Premiums Written.......................... 11,996,000 Net Premiums Earned.......................... 15,625,000 Net Claims & Adj Exp............................. 3,673,000 Commissions.......................................... 1,042,000 Taxes........................................................... 26,000 General Expenses.................................. 2,887,000 Undwrwtg. Profit/Loss........................... 7,997,000 Investment Income................................. 1,861,000

Growth Rate (DPW)..................................-17.11 Growth Rate (NPW)..................................-20.31 % of Market (NPW)..................................... 0.03 Earned Loss Ratio..................................... 23.51 Total Expense Ratio.................................. 25.31 Combined Loss & Exp. Ratio.................... 48.82 Return on Equity......................................... 8.97

Underwriting Result

2016: +$7,997,000 2015: -$876,000 2014: +$3,088,000 2013: +$5,356,000 2012: +$6,696,000

Federated Insurance Company of Canada

D-CA

Silvy Wright, President and Chief Executive Officer 255 Commerce Drive (204) 786-6431 Fax: (204) 783-4443 www.federated.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 545,000 2,579,000 4,170,000 161.70 Prop. - Commercial................. 68,357,000 65,029,000 49,938,000 76.80 Prop. - Total............................ 68,902,000 67,608,000 54,108,000 80.00 Auto. - Liability........................ 38,033,000 37,926,000 29,955,000 79.00 Auto. - Pers. Acc..................... 6,774,000 6,969,000 7,167,000 102.80 Auto. - Other............................ 32,339,000 32,063,000 17,638,000 55.00 Auto. - Total............................. 77,146,000 76,958,000 54,760,000 71.20 Boiler/Machinery excld............ 2,724,000 2,509,000 702,000 28.00 Fidelity..................................... 393,000 377,000 -94,000 -24.90 Liability.................................... 55,997,000 53,716,000 24,211,000 45.10 Surety...................................... 201,000 198,000 29,000 14.60 ——————— ——————— ——————— ————— Total 2016............................... 205,363,000 201,366,000 133,716,000 66.40 Total 2015................................ 188,022,000 180,420,000 102,326,000 56.72 Total 2014................................ 172,443,000 160,919,000 95,626,000 59.42 Total 2013................................ 150,288,000 142,852,000 78,930,000 55.25 Total 2012................................ 133,054,000 128,436,000 68,841,000 53.60

104

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 213,421,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 8,058,000 Net Premiums Written........................ 205,363,000 Net Premiums Earned........................ 201,366,000 Net Claims & Adj Exp......................... 133,716,000 Commissions........................................ 17,479,000 Taxes...................................................... 7,232,000 General Expenses................................ 40,754,000 Undwrwtg. Profit/Loss........................... 2,022,000 Investment Income................................-2,591,000

Underwriting Result

Growth Rate (DPW)..................................... 5.02 Growth Rate (NPW)..................................... 9.22 % of Market (NPW)..................................... 0.45 Earned Loss Ratio..................................... 66.40 Total Expense Ratio.................................. 32.51 Combined Loss & Exp. Ratio.................... 98.91 Return on Equity........................................-0.04

2016: +$2,022,000 2015: +$16,438,000 2013: +$11,567,000 2012: +$13,559,000

2014: +$8,940,000

First American - Group FCT INSURANCE COMPANY LTD. FIRST AMERICAN TITLE INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Mortgage................................. 1,526,000 1,526,000 2,984,000 195.50 Title.......................................... 157,556,000 157,556,000 40,228,000 25.50 ——————— ——————— ——————— ————— Total 2016............................... 159,082,000 159,082,000 43,212,000 27.16 Total 2015................................ 146,366,000 146,366,000 42,715,000 29.18 Total 2014................................ 131,629,000 131,629,000 42,586,000 32.35 Total 2013................................ 128,154,000 128,154,000 24,716,000 19.29 Total 2012................................ 129,791,000 129,791,000 39,866,000 30.72

US 2235 Sheridan Garden Drive (905) 287-1000 Fax: (905) 287-2400

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 164,693,000 Reinsurance Assumed........................... 1,294,000 Reinsurance Ceded................................ 6,905,000 Net Premiums Written........................ 159,082,000 Net Premiums Earned........................ 159,082,000 Net Claims & Adj Exp........................... 43,212,000 Commissions............................................. 175,000 Taxes...................................................... 5,427,000 General Expenses................................ 82,793,000 Undwrwtg. Profit/Loss......................... 27,475,000 Investment Income.................................... 528,000

Growth Rate (DPW)..................................... 9.15 Growth Rate (NPW)..................................... 8.69 % of Market (NPW)..................................... 0.35 Earned Loss Ratio..................................... 27.16 Total Expense Ratio.................................. 55.57 Combined Loss & Exp. Ratio.................... 82.73 Return on Equity....................................... 14.39

Underwriting Result

2016: +$27,475,000 2015: +$20,788,000 2013: +$28,510,000 2012: +$13,094,000

2014: +$10,578,000

First American Title Insurance Company

D-US

2235 Sheridan Garden Drive (905) 287-1000 Fax: (905) 287-2400 www.firstam.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Title.......................................... 1,607,000 1,607,000 476,000 29.60 ——————— ——————— ——————— ————— Total 2016............................... 1,607,000 1,607,000 476,000 29.62 Total 2015................................ 1,612,000 1,612,000 -3,579,000 -222.02 Total 2014................................ 11,266,000 11,266,000 5,581,000 49.54 Total 2013................................ 30,748,000 30,748,000 4,733,000 15.39 Total 2012................................ 27,520,000 27,520,000 7,544,000 27.41

2016 Underwriting Performance Summary %

Direct Premiums Written........................... 313,000 Reinsurance Assumed........................... 1,294,000 Reinsurance Ceded.............................................. 0 Net Premiums Written............................ 1,607,000 Net Premiums Earned............................ 1,607,000 Net Claims & Adj Exp................................ 476,000 Commissions........................................................ 0 Taxes........................................................... 10,000 General Expenses.................................. 1,391,000 Undwrwtg. Profit/Loss.............................-270,000 Investment Income................................. 1,904,000

Growth Rate (DPW)..................................-29.66 Growth Rate (NPW)....................................-0.31 % of Market (NPW)............................................ Earned Loss Ratio..................................... 29.62 Total Expense Ratio.................................. 87.18 Combined Loss & Exp. Ratio.................. 116.80 Return on Equity........................................-1.94

Underwriting Result

2016: -$270,000 2015: +$3,855,000 2014: +$707,000 2013: +$13,512,000 2012: +$7,809,000

First North American Insurance Company

D-CA

Gavin L. Robinson, President and CEO 2 Queen Street East 416-229-4515 Fax: 416-229-3040 www.manulife.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 6,942,000 6,925,000 971,000 14.00 Prop. - Total............................ 6,942,000 6,925,000 971,000 14.00 - Equipment Warranty............. 94,000 168,000 43,000 25.60 ——————— ——————— ——————— ————— Total 2016............................... 7,036,000 7,093,000 1,014,000 14.30 Total 2015................................ 7,090,000 7,417,000 937,000 12.63 Total 2014................................ 7,858,000 7,944,000 1,482,000 18.66 Total 2013................................ 7,255,000 6,823,000 943,000 13.82 Total 2012................................ 6,450,000 5,979,000 913,000 15.27

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 21,244,000 Reinsurance Assumed................................ 41,000 Reinsurance Ceded.............................. 14,249,000 Net Premiums Written............................ 7,036,000 Net Premiums Earned............................ 7,093,000 Net Claims & Adj Exp............................. 1,014,000 Commissions.......................................... 1,927,000 Taxes......................................................... 802,000 General Expenses.................................. 1,484,000 Undwrwtg. Profit/Loss........................... 1,505,000 Investment Income.................................... 233,000

Growth Rate (DPW)................................... 33.69 Growth Rate (NPW)....................................-0.76 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 14.30 Total Expense Ratio.................................. 59.40 Combined Loss & Exp. Ratio.................... 73.70 Return on Equity....................................... 15.59

Underwriting Result

2016: +$1,505,000 2015: +$1,579,000 2014: +$662,000 2013: +$887,000 2012: +$651,000

2017 STATISTICAL GUIDE

105

FM Global - Group AFFILIATED FM INSURANCE COMPANY FACTORY MUTUAL INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 70,000 68,000 220,000 323.50 Prop. - Commercial................. 252,287,000 241,762,000 122,541,000 50.70 Prop. - Total............................ 252,357,000 241,830,000 122,761,000 50.80 Boiler/Machinery excld............ 71,564,000 75,612,000 50,966,000 67.40 Liability.................................... 0 0 -2,599,000 0.00 Marine...................................... 1,714,000 1,849,000 928,000 50.20 ——————— ——————— ——————— ————— Total 2016............................... 325,635,000 319,291,000 172,056,000 53.89 Total 2015................................ 326,092,000 314,447,000 305,064,000 97.02 Total 2014................................ 282,184,000 291,610,000 299,935,000 102.85 Total 2013................................ 325,706,000 321,851,000 198,696,000 61.74 Total 2012................................ 338,768,000 340,812,000 226,959,000 66.59

US Thomas A. Lawson, President & Chief Executive Officer 165 Commerce Valley Drive West, Suite 500 905-763-5555 Fax: 905-763-5556 www.fmglobal.com

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 447,248,000 Reinsurance Assumed........................... 3,685,000 Reinsurance Ceded............................ 125,298,000 Net Premiums Written........................ 325,635,000 Net Premiums Earned........................ 319,291,000 Net Claims & Adj Exp......................... 172,056,000 Commissions.......................................-12,771,000 Taxes.................................................... 16,769,000 General Expenses................................ 66,998,000 Undwrwtg. Profit/Loss......................... 76,229,000 Investment Income............................... 32,007,000

Growth Rate (DPW)....................................-0.62 Growth Rate (NPW)....................................-0.14 % of Market (NPW)..................................... 0.71 Earned Loss Ratio..................................... 53.89 Total Expense Ratio.................................. 22.24 Combined Loss & Exp. Ratio.................... 76.13 Return on Equity....................................... 10.09

Underwriting Result

2016: +$76,229,000 2015: -$56,378,000 2014: -$77,671,000 2013: +$58,566,000 2012: +$51,104,000

General Reinsurance Corporation

R-US

Murray McCutcheon, Vice President and Manager 1 First Canadian Place, Suite 5705 PO Box 471 (416) 869-0490 Fax: (416) 360-2020 www.genre.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 130,000 56,000 80,000 142.90 Prop. - Commercial................. 40,282,000 39,237,000 5,415,000 13.80 Prop. - Total............................ 40,412,000 39,293,000 5,495,000 14.00 Aircraft..................................... 903,000 919,000 889,000 96.70 Auto. - Liability........................ 4,594,000 4,528,000 7,090,000 156.60 Auto. - Pers. Acc..................... 3,000 3,000 2,400,000 80,000.00 Auto. - Other............................ 645,000 749,000 17,000 2.30 Auto. - Total............................. 5,242,000 5,280,000 9,507,000 180.10 Boiler/Machinery excld............ 1,912,000 1,875,000 771,000 41.10 Fidelity..................................... 825,000 878,000 -71,000 -8.10 Liability.................................... 2,404,000 2,706,000 -8,066,000 -298.10 Surety...................................... 0 -63,000 -30,000 47.60 Marine...................................... 1,687,000 1,560,000 109,000 7.00 ——————— ——————— ——————— ————— Total 2016............................... 53,385,000 52,448,000 8,604,000 16.40 Total 2015................................ 53,673,000 53,816,000 18,984,000 35.28 Total 2014................................ 53,739,000 51,050,000 -18,863,000 -36.95 Total 2013................................ 44,358,000 46,069,000 23,181,000 50.32 Total 2012................................ 50,283,000 48,812,000 -5,329,000 -10.92

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................... 53,582,000 Reinsurance Ceded................................... 197,000 Net Premiums Written.......................... 53,385,000 Net Premiums Earned.......................... 52,448,000 Net Claims & Adj Exp............................. 8,604,000 Commissions.......................................... 4,772,000 Taxes........................................................... 37,000 General Expenses................................ 10,481,000 Undwrwtg. Profit/Loss......................... 28,714,000 Investment Income................................. 1,718,000

Growth Rate (DPW)............................................ Growth Rate (NPW)....................................-0.54 % of Market (NPW)..................................... 0.12 Earned Loss Ratio..................................... 16.40 Total Expense Ratio.................................. 29.15 Combined Loss & Exp. Ratio.................... 45.55 Return on Equity....................................... 14.98

Underwriting Result

2016: +$28,714,000 2015: +$16,404,000 2013: +$5,495,000 2012: +$39,294,000

Gore Mutual Insurance Company

2014: +$57,509,000

B-CA

Farouk Ahamed, Chairman 252 Dundas Street North PO Box 70 (800) 265-8600 Fax: (800) 601-9773 www.goremutual.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 125,180,000 119,727,000 59,593,000 49.80 Prop. - Commercial................. 42,361,000 41,065,000 27,879,000 67.90 Prop. - Total............................ 167,541,000 160,792,000 87,472,000 54.40 Auto. - Liability........................ 78,525,000 78,435,000 53,998,000 68.80 Auto. - Pers. Acc..................... 58,569,000 58,551,000 34,697,000 59.30 Auto. - Other............................ 43,951,000 40,921,000 33,080,000 80.80 Auto. - Total............................. 181,045,000 177,907,000 121,775,000 68.40 Boiler/Machinery excld............ 1,604,000 1,582,000 170,000 10.70 Liability.................................... 33,296,000 31,812,000 14,193,000 44.60 Accident & Sickness................ 29,000 31,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 383,515,000 372,124,000 223,610,000 60.09 Total 2015................................ 361,454,000 348,049,000 212,506,000 61.06 Total 2014................................ 335,156,000 322,427,000 204,412,000 63.40 Total 2013................................ 318,238,000 315,860,000 202,277,000 64.04 Total 2012................................ 315,846,000 305,601,000 198,848,000 65.07

106

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 410,539,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 27,024,000 Net Premiums Written........................ 383,515,000 Net Premiums Earned........................ 372,124,000 Net Claims & Adj Exp......................... 223,610,000 Commissions........................................ 79,602,000 Taxes.................................................... 13,555,000 General Expenses................................ 47,772,000 Undwrwtg. Profit/Loss......................... 14,161,000 Investment Income............................... 24,573,000

Underwriting Result

Growth Rate (DPW)..................................... 5.97 Growth Rate (NPW)..................................... 6.10 % of Market (NPW)..................................... 0.83 Earned Loss Ratio..................................... 60.09 Total Expense Ratio.................................. 37.87 Combined Loss & Exp. Ratio.................... 97.96 Return on Equity......................................... 9.96

2016: +$14,161,000 2015: +$15,710,000 2013: +$7,301,000 2012: +$4,939,000

2014: +$9,108,000

“ We’re growing through modern partnerships with brokers and by strengthening our franchise as a leading mid-size insurer in Canada.

“

Paul Jackson

Vice President Sales, Marketing & Distribution

Being a modern mutual means investing in distribution. It’s an exciting time at Gore Mutual. We’re an ambitious growing company, transforming into a modern mutual. We’re investing more than ever in technology, products, pricing and analytics to help brokers compete and reach new customers online. We have brand new core technology platforms and digital capability, and we’ve already partnered with exciting InsurTech startups like BrokerLift. We’ve also expanded our in-house digital team to develop the next phase of our strategy to equip brokers with ecommerce products and technology solutions. TO FIND OUT MORE, VISIT GOREMUTUAL.CA

goremutual.ca

Great American Insurance Company

B-US

J. Brian Reeve, Chief Agent for Canada 40 King Street West, Scotia Plaza Suite 2100 (416) 869-5300 Fax: (416) 360-8877 www.gaic.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 20,132,000 18,962,000 5,158,000 27.20 Prop. - Total............................ 20,132,000 18,962,000 5,158,000 27.20 Auto. - Liability........................ 1,000 1,000 0 0.00 Auto. - Other............................ 49,000 55,000 0 0.00 Auto. - Total............................. 50,000 56,000 0 0.00 Boiler/Machinery excld............ 1,000 2,000 0 0.00 Credit....................................... 35,000 35,000 0 0.00 Fidelity..................................... 1,599,000 1,840,000 -102,000 -5.50 Liability.................................... 15,824,000 16,450,000 7,343,000 44.60 Surety...................................... 82,000 106,000 25,000 23.60 Marine...................................... 6,353,000 5,910,000 6,599,000 111.70 ——————— ——————— ——————— ————— Total 2016............................... 44,076,000 43,361,000 19,023,000 43.87 Total 2015................................ 41,831,000 42,346,000 22,221,000 52.47 Total 2014................................ 40,900,000 41,124,000 13,119,000 31.90 Total 2013................................ 41,219,000 40,770,000 12,303,000 30.18 Total 2012................................ 41,545,000 43,855,000 32,939,000 75.11

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 49,005,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 4,929,000 Net Premiums Written.......................... 44,076,000 Net Premiums Earned.......................... 43,361,000 Net Claims & Adj Exp........................... 19,023,000 Commissions.......................................... 6,947,000 Taxes...................................................... 2,415,000 General Expenses................................ 10,276,000 Undwrwtg. Profit/Loss........................... 4,700,000 Investment Income................................. 3,468,000

Growth Rate (DPW)..................................... 0.47 Growth Rate (NPW)..................................... 5.37 % of Market (NPW)....................................... 0.1 Earned Loss Ratio..................................... 43.87 Total Expense Ratio.................................. 45.29 Combined Loss & Exp. Ratio.................... 89.16 Return on Equity......................................... 5.13

Underwriting Result

2016: +$4,700,000 2015: -$533,000 2014: +$8,019,000 2013: +$8,754,000 2012: -$11,366,000

Le Groupe Estrie-Richelieu Compagnie D’Assurance

B-CA Stéphane Bibeau, Président de la compagnie et chef de la direction (President and CEO) 770 rue Principale 450-378-0101 Fax: 450-378-5189 www.groupeestrierichelieu.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 9,582,000 9,350,000 4,032,000 43.10 Prop. - Commercial................. 21,994,000 21,924,000 20,164,000 92.00 Prop. - Total............................ 31,576,000 31,274,000 24,196,000 77.40 Auto. - Liability........................ 428,000 394,000 84,000 21.30 Auto. - Pers. Acc..................... 22,000 20,000 0 0.00 Auto. - Other............................ 800,000 743,000 570,000 76.70 Auto. - Total............................. 1,250,000 1,157,000 654,000 56.50 Boiler/Machinery excld............ 339,000 334,000 97,000 29.00 Liability.................................... 4,375,000 4,243,000 1,442,000 34.00 ——————— ——————— ——————— ————— Total 2016............................... 37,540,000 37,008,000 26,389,000 71.31 Total 2015................................ 36,555,000 35,402,000 16,030,000 45.28 Total 2014................................ 33,838,000 32,953,000 19,170,000 58.17 Total 2013................................ 32,025,000 31,612,000 21,386,000 67.65 Total 2012................................ 32,735,000 34,956,000 19,857,000 56.81

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 50,333,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 12,793,000 Net Premiums Written.......................... 37,540,000 Net Premiums Earned.......................... 37,008,000 Net Claims & Adj Exp........................... 26,389,000 Commissions.......................................... 7,820,000 Taxes.................................................................... 0 General Expenses.................................. 5,172,000 Undwrwtg. Profit/Loss..........................-2,373,000 Investment Income................................. 3,663,000

Growth Rate (DPW)..................................... 4.08 Growth Rate (NPW)..................................... 2.69 % of Market (NPW)..................................... 0.08 Earned Loss Ratio..................................... 71.31 Total Expense Ratio.................................. 35.11 Combined Loss & Exp. Ratio.................. 106.42 Return on Equity......................................... 1.25

Underwriting Result

2016: -$2,373,000 2015: +$7,514,000 2014: +$2,156,000 2013: -$542,000 2012: +$3,622,000

The Guarantee Company of North America

B-CA

Donna Barclay, Chief Underwriting Officer, Property & Casualty 4950 Yonge Street, Suite 1400 (416) 223-9580 Fax: (416) 223-6577 www.theguarantee.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 89,971,000 89,759,000 63,071,000 70.30 Prop. - Commercial................. 7,642,000 9,070,000 6,434,000 70.90 Prop. - Total............................ 97,613,000 98,829,000 69,505,000 70.30 Auto. - Liability........................ 47,654,000 45,457,000 34,444,000 75.80 Auto. - Pers. Acc..................... 18,345,000 18,752,000 23,632,000 126.00 Auto. - Other............................ 24,758,000 23,987,000 17,471,000 72.80 Auto. - Total............................. 90,757,000 88,196,000 75,547,000 85.70 Boiler/Machinery excld............ 29,000 28,000 55,000 196.40 Credit....................................... 2,511,000 2,248,000 471,000 21.00 Fidelity..................................... 13,622,000 14,109,000 -102,000 -0.70 Legal Expense......................... 520,000 473,000 193,000 40.80 Liability.................................... 31,502,000 30,455,000 22,364,000 73.40 Surety...................................... 114,224,000 114,682,000 13,420,000 11.70 Accident & Sickness................ 203,000 201,000 34,000 16.90 ——————— ——————— ——————— ————— Total 2016............................... 290,031,000 289,133,000 172,579,000 59.69 Total 2015................................ 287,830,000 282,235,000 142,049,000 50.33 Total 2014................................ 273,897,000 267,353,000 185,371,000 69.34 Total 2013................................ 258,624,000 254,779,000 195,145,000 76.59 Total 2012................................ 256,337,000 254,004,000 155,570,000 61.25

108

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 391,040,000 Reinsurance Assumed........................... 8,029,000 Reinsurance Ceded............................ 109,038,000 Net Premiums Written........................ 290,031,000 Net Premiums Earned........................ 289,133,000 Net Claims & Adj Exp......................... 172,579,000 Commissions........................................ 57,381,000 Taxes...................................................... 9,694,000 General Expenses.............................. 312,520,000 Undwrwtg. Profit/Loss..........................-4,514,000 Investment Income............................... 70,318,000

Underwriting Result

Growth Rate (DPW)..................................... 2.09 Growth Rate (NPW)..................................... 0.76 % of Market (NPW)..................................... 0.62 Earned Loss Ratio..................................... 59.69 Total Expense Ratio.................................. 41.87 Combined Loss & Exp. Ratio.................. 101.56 Return on Equity....................................... 12.99

2016: -$4,514,000 2015: +$17,997,000 2013: -$38,777,000 2012: +$419,000

2014: -$36,195,000

Hannover Rück SE

R-EU Laurel E. Grant, General Manager and Chief Agent Suite 400, 220 Bay Street (416) 867-9712 Fax: (416) 867-9728 www.hannover-re.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 173,709,000 157,689,000 132,416,000 84.00 Prop. - Total............................ 173,709,000 157,689,000 132,416,000 84.00 Aircraft..................................... 2,621,000 2,732,000 3,262,000 119.40 Auto. - Liability........................ 28,419,000 26,880,000 7,808,000 29.00 Auto. - Total............................. 28,419,000 26,880,000 7,808,000 29.00 Boiler/Machinery excld............ 2,467,000 3,052,000 2,505,000 82.10 Credit....................................... 2,526,000 2,107,000 1,075,000 51.00 Fidelity..................................... 1,013,000 1,079,000 -400,000 -37.10 Hail.......................................... 1,189,000 833,000 470,000 56.40 Liability.................................... 78,349,000 73,126,000 39,746,000 54.40 Surety...................................... 15,172,000 15,653,000 7,420,000 47.40 Marine...................................... 631,000 643,000 -1,183,000 -184.00 Accident & Sickness................ 1,997,000 1,889,000 263,000 13.90 ——————— ——————— ——————— ————— Total 2016............................... 308,093,000 285,683,000 193,382,000 67.69 Total 2015................................ 243,021,000 235,407,000 108,956,000 46.28 Total 2014................................ 241,927,000 225,488,000 171,493,000 76.05 Total 2013................................ 216,646,000 207,303,000 165,383,000 79.78 Total 2012................................ 177,277,000 171,170,000 140,501,000 82.08

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed....................... 372,624,000 Reinsurance Ceded.............................. 64,531,000 Net Premiums Written........................ 308,093,000 Net Premiums Earned........................ 285,683,000 Net Claims & Adj Exp......................... 193,382,000 Commissions........................................ 72,497,000 Taxes.................................................................... 0 General Expenses.................................. 4,882,000 Undwrwtg. Profit/Loss......................... 14,922,000 Investment Income............................... 26,418,000

Underwriting Result

Growth Rate (DPW)............................................ Growth Rate (NPW)................................... 26.78 % of Market (NPW)..................................... 0.67 Earned Loss Ratio..................................... 67.69 Total Expense Ratio.................................. 27.09 Combined Loss & Exp. Ratio.................... 94.78 Return on Equity....................................... 10.09

2016: +$14,922,000 2015: +$73,573,000 2013: -$1,516,000 2012: -$8,695,000

2014:

Hartford Fire Insurance Company

+$927,000

B-US

Colleen Sexsmith, Chief Agent in Canada Unit 2, 1145 Nicholson Road (905) 853-0858 Fax: (905) 853-0183 www.thehartford.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 10,193,000 10,379,000 6,363,000 61.30 Prop. - Total............................ 10,193,000 10,379,000 6,363,000 61.30 Aircraft..................................... 0 0 102,000 0.00 Auto. - Liability........................ 203,000 540,000 427,000 79.10 Auto. - Pers. Acc..................... 2,000 14,000 0 0.00 Auto. - Other............................ 1,162,000 630,000 -407,000 -64.60 Auto. - Total............................. 1,367,000 1,184,000 20,000 1.70 Boiler/Machinery excld............ 0 -8,000 0 0.00 Fidelity..................................... 16,000 8,000 6,000 75.00 Liability.................................... 3,309,000 3,882,000 23,942,000 616.70 Surety...................................... 266,000 257,000 9,000 3.50 ——————— ——————— ——————— ————— Total 2016............................... 15,151,000 15,702,000 30,442,000 193.87 Total 2015................................ 16,373,000 15,376,000 13,026,000 84.72 Total 2014................................ 14,414,000 14,142,000 12,182,000 86.14 Total 2013................................ 12,247,000 13,009,000 3,557,000 27.34 Total 2012................................ 11,793,000 12,687,000 7,971,000 62.83

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 16,153,000 Reinsurance Assumed................................ 31,000 Reinsurance Ceded................................ 1,033,000 Net Premiums Written.......................... 15,151,000 Net Premiums Earned.......................... 15,702,000 Net Claims & Adj Exp........................... 30,442,000 Commissions............................................. 914,000 Taxes......................................................... 577,000 General Expenses.................................. 1,623,000 Undwrwtg. Profit/Loss........................-17,854,000 Investment Income................................. 2,486,000

Growth Rate (DPW)....................................-9.14 Growth Rate (NPW)....................................-7.46 % of Market (NPW)..................................... 0.03 Earned Loss Ratio................................... 193.87 Total Expense Ratio.................................. 19.83 Combined Loss & Exp. Ratio.................. 213.70 Return on Equity........................................-7.87

Underwriting Result

2016: -$17,854,000 2015: -$2,575,000 2014: -$2,066,000 2013: +$5,734,000 2012: -$48,000

HDI Global SE Canada Branch

B-EU Klaus Navarrete, Chief Agent and Managing Director 181 University Ave, Suite 1900 (416) 368-5833 Fax: (416) 368-7836 www.hdi-gerling.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 2,703,000 1,343,000 406,000 30.20 Prop. - Total............................ 2,703,000 1,343,000 406,000 30.20 Liability.................................... 1,577,000 1,728,000 2,000 0.10 Marine...................................... 304,000 388,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 4,584,000 3,459,000 408,000 11.80 Total 2015................................ 8,149,000 6,306,000 2,182,000 34.60 Total 2014................................ 3,168,000 2,824,000 2,270,000 80.38 Total 2013................................ 2,163,000 1,503,000 704,000 46.84 Total 2012................................ 816,000 510,000 652,000 127.84

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 47,411,000 Reinsurance Assumed........................... 3,701,000 Reinsurance Ceded.............................. 46,528,000 Net Premiums Written............................ 4,584,000 Net Premiums Earned............................ 3,459,000 Net Claims & Adj Exp................................ 408,000 Commissions.........................................-5,016,000 Taxes...................................................... 1,355,000 General Expenses.................................. 3,743,000 Undwrwtg. Profit/Loss........................... 2,994,000 Investment Income................................. 2,438,000

Underwriting Result

Growth Rate (DPW)....................................-6.74 Growth Rate (NPW)..................................-43.75 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 11.80 Total Expense Ratio.................................... 2.37 Combined Loss & Exp. Ratio.................... 14.17 Return on Equity......................................... 6.20

2016: +$2,994,000 2015: +$1,470,000 2014: -$1,200,000 2013: -$177,000 2012: -$882,000

110

Canadian Underwriter

Heartland Farm Mutual Inc.

B-CA Carlos A. Rodrigues, President & CEO 100 Erb Street East 519-886-4530 Fax: 519-746-0222 www.heartlandfarmmutual.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 34,197,000 33,914,000 14,398,000 42.50 Prop. - Commercial................. 21,730,000 20,492,000 9,400,000 45.90 Prop. - Total............................ 55,927,000 54,406,000 23,798,000 43.70 Auto. - Liability........................ 19,143,000 17,124,000 12,210,000 71.30 Auto. - Pers. Acc..................... 10,071,000 10,187,000 11,041,000 108.40 Auto. - Other............................ 10,559,000 12,308,000 7,641,000 62.10 Auto. - Total............................. 39,773,000 39,619,000 30,892,000 78.00 Boiler/Machinery excld............ 0 0 -360,000 0.00 Liability.................................... 7,027,000 6,651,000 4,334,000 65.20 Accident & Sickness................ 17,000 15,000 15,000 100.00 ——————— ——————— ——————— ————— Total 2016............................... 102,744,000 100,691,000 58,679,000 58.28 Total 2015................................ 89,446,000 86,171,000 46,282,000 53.71 Total 2014................................ 83,881,000 81,145,000 53,519,000 65.95 Total 2013................................ 77,979,000 74,949,000 41,378,000 55.21 Total 2012................................ 74,375,000 72,592,000 39,838,000 54.88

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 116,688,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 13,944,000 Net Premiums Written........................ 102,744,000 Net Premiums Earned........................ 100,691,000 Net Claims & Adj Exp........................... 58,679,000 Commissions........................................ 22,701,000 Taxes...................................................... 3,395,000 General Expenses................................ 15,774,000 Undwrwtg. Profit/Loss........................... 1,680,000 Investment Income................................. 1,044,000

Growth Rate (DPW)..................................... 3.99 Growth Rate (NPW)................................... 14.87 % of Market (NPW)..................................... 0.22 Earned Loss Ratio..................................... 58.28 Total Expense Ratio.................................. 41.58 Combined Loss & Exp. Ratio.................... 99.86 Return on Equity......................................... 2.16

Underwriting Result

2016: +$1,680,000 2015: +$6,162,000 2014: -$2,741,000 2013: +$5,249,000 2012: +$5,929,000

Industrial Alliance Auto and Home Insurance Inc.

D-CA

PRYSM GENERAL INSURANCE INC. Michel Laurin, President & Chief Operating Officer 925 Grande-Allée ouest, Suite 230 (418) 650-4601 Fax: (418) 650-4637 www.industrielleallianceauto.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 111,339,000 104,766,000 70,769,000 67.50 Prop. - Total............................ 111,339,000 104,766,000 70,769,000 67.50 Auto. - Liability........................ 69,757,000 66,319,000 39,977,000 60.30 Auto. - Pers. Acc..................... 2,064,000 1,979,000 196,000 9.90 Auto. - Other............................ 84,912,000 80,693,000 73,439,000 91.00 Auto. - Total............................. 156,733,000 148,991,000 113,612,000 76.30 Legal Expense......................... 2,000 -5,000 0 0.00 Liability.................................... 0 15,000 2,000 13.30 ——————— ——————— ——————— ————— Total 2016............................... 268,074,000 253,767,000 184,383,000 72.66 Total 2015................................ 237,152,000 230,507,000 161,138,000 69.91 Total 2014................................ 222,420,000 215,735,000 146,986,000 68.13 Total 2013................................ 156,188,000 209,135,000 139,275,000 66.60 Total 2012................................ 271,618,000 222,768,000 117,458,000 52.73

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 271,466,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 3,392,000 Net Premiums Written........................ 268,074,000 Net Premiums Earned........................ 253,767,000 Net Claims & Adj Exp......................... 184,383,000 Commissions.......................................... 7,603,000 Taxes.................................................... 10,055,000 General Expenses................................ 65,588,000 Undwrwtg. Profit/Loss........................-13,862,000 Investment Income................................. 2,319,000

Growth Rate (DPW)................................... 13.89 Growth Rate (NPW)................................... 13.04 % of Market (NPW)..................................... 0.58 Earned Loss Ratio..................................... 72.66 Total Expense Ratio.................................. 32.80 Combined Loss & Exp. Ratio.................. 105.46 Return on Equity......................................-12.00

Underwriting Result

2016: -$13,862,000 2015: -$5,360,000 2014: +$2,941,000 2013: -$3,719,000 2012: +$8,214,000

InnovAssur assurances générales inc.

D-CA

Claude Dussault, Chairman 2020 Robert-Bourassa Blvd, Suite 600 (877) 341-1464 Fax: (416) 941-5322 www.belairdirect.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 43,607,000 39,619,000 26,005,000 65.60 Prop. - Total............................ 43,607,000 39,619,000 26,005,000 65.60 Auto. - Liability........................ 26,877,000 27,181,000 15,566,000 57.30 Auto. - Pers. Acc..................... 1,678,000 1,697,000 378,000 22.30 Auto. - Other............................ 27,274,000 27,177,000 21,497,000 79.10 Auto. - Total............................. 55,829,000 56,055,000 37,441,000 66.80 Liability.................................... 24,000 13,000 3,000 23.10 ——————— ——————— ——————— ————— Total 2016............................... 99,460,000 95,687,000 63,449,000 66.31 Total 2015................................ 96,257,000 91,082,000 49,790,000 54.67 Total 2014................................ 91,747,000 86,478,000 52,292,000 60.47 Total 2013................................ 86,614,000 83,763,000 46,666,000 55.71 Total 2012................................ 83,282,000 84,207,000 46,683,000 55.44

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 101,834,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 2,374,000 Net Premiums Written.......................... 99,460,000 Net Premiums Earned.......................... 95,687,000 Net Claims & Adj Exp........................... 63,449,000 Commissions........................................ 19,935,000 Taxes...................................................... 3,419,000 General Expenses.................................. 9,285,000 Undwrwtg. Profit/Loss.............................-401,000 Investment Income................................. 1,823,000

Growth Rate (DPW)..................................... 3.34 Growth Rate (NPW)..................................... 3.33 % of Market (NPW)..................................... 0.22 Earned Loss Ratio..................................... 66.31 Total Expense Ratio.................................. 34.11 Combined Loss & Exp. Ratio.................. 100.42 Return on Equity......................................... 2.41

Underwriting Result

2016: -$401,000 2015: +$8,764,000 2014: +$4,382,000 2013: +$12,166,000 2012: +$12,486,000

2017 STATISTICAL GUIDE

111

The Insurance Company of Prince Edward Island

B-CA

Serge Lavoie, President 1120, 14 Great George Street 902-368-3675 Fax: (902) 626-3529 www.icpei.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 3,398,000 3,395,000 947,000 27.90 Prop. - Commercial................. 2,374,000 2,210,000 915,000 41.40 Prop. - Total............................ 5,772,000 5,605,000 1,862,000 33.20 Auto. - Liability........................ 9,199,000 8,782,000 3,773,000 43.00 Auto. - Pers. Acc..................... 2,401,000 2,350,000 2,373,000 101.00 Auto. - Other............................ 7,929,000 7,605,000 5,440,000 71.50 Auto. - Total............................. 19,529,000 18,737,000 11,586,000 61.80 Boiler/Machinery excld............ 0 -37,000 4,000 -10.80 Liability.................................... 1,603,000 1,600,000 255,000 15.90 Surety...................................... 33,000 23,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 26,937,000 25,928,000 13,707,000 52.87 Total 2015................................ 25,654,000 25,652,000 16,663,000 64.96 Total 2014................................ 25,260,000 26,026,000 19,143,000 73.55 Total 2013................................ 25,451,000 25,082,000 15,438,000 61.55 Total 2012................................ 24,666,000 23,850,000 11,370,000 47.67

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 29,634,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 2,697,000 Net Premiums Written.......................... 26,937,000 Net Premiums Earned.......................... 25,928,000 Net Claims & Adj Exp........................... 13,707,000 Commissions.......................................... 4,799,000 Taxes...................................................... 1,067,000 General Expenses.................................. 4,818,000 Undwrwtg. Profit/Loss........................... 1,830,000 Investment Income................................. 1,026,000

Growth Rate (DPW)..................................... 7.86 Growth Rate (NPW)..................................... 5.00 % of Market (NPW)..................................... 0.06 Earned Loss Ratio..................................... 52.87 Total Expense Ratio.................................. 41.21 Combined Loss & Exp. Ratio.................... 94.08 Return on Equity....................................... 14.36

Underwriting Result

2016: +$1,830,000 2015: -$123,000 2014: -$2,202,000 2013: +$460,000 2012: +$3,561,000

Intact Farm Insurance Inc.

B-CA Claude Dussault, Chairman 2020, University Street, Suite 700 (877) 341-1464 Fax: (416) 941-5322 www.intact.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 0 0 -2,000 0.00 Prop. - Commercial................. 71,927,000 69,684,000 39,219,000 56.30 Prop. - Total............................ 71,927,000 69,684,000 39,217,000 56.30 Boiler/Machinery excld............ 595,000 621,000 -71,000 -11.40 Liability.................................... 22,146,000 23,739,000 1,144,000 4.80 ——————— ——————— ——————— ————— Total 2016............................... 94,668,000 94,044,000 40,290,000 42.84 Total 2015................................ 91,531,000 89,895,000 42,959,000 47.79 Total 2014................................ 88,365,000 85,324,000 49,480,000 57.99 Total 2013................................ 82,619,000 81,398,000 47,203,000 57.99 Total 2012................................ 98,169,000 73,646,000 42,707,000 57.99

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 42,953,000 Reinsurance Assumed......................... 58,874,000 Reinsurance Ceded................................ 7,159,000 Net Premiums Written.......................... 94,668,000 Net Premiums Earned.......................... 94,044,000 Net Claims & Adj Exp........................... 40,290,000 Commissions........................................ 17,313,000 Taxes........................................................... 70,000 General Expenses.................................. 5,157,000 Undwrwtg. Profit/Loss......................... 31,214,000 Investment Income................................. 6,734,000

Growth Rate (DPW)..................................... 0.37 Growth Rate (NPW)..................................... 3.43 % of Market (NPW)..................................... 0.21 Earned Loss Ratio..................................... 42.84 Total Expense Ratio.................................. 23.97 Combined Loss & Exp. Ratio.................... 66.81 Return on Equity....................................... 21.25

Underwriting Result

2016: +$31,214,000 2015: +$25,097,000 2013: +$14,080,000 2012: +$9,135,000

2014: +$14,722,000

Intact Financial Corporation

B-CA

BELAIR INSURANCE COMPANY INC. Charles Brindamour, CEO CANADIAN DIRECT INSURANCE INCORPORATED 700 University Avenue, Suite 1500-A INNOVASSUR ASSURANCES GÉNÉRALES INC. (416) 941-5151 INTACT FARM INSURANCE INC. www.intactinsurance.com INTACT INSURANCE COMPANY JEVCO INSURANCE COMPANY METRO GENERAL INSURANCE CORPORATION LIMITED (CEASED 2016) NORDIC INSURANCE COMPANY OF CANADA (THE) NOVEX INSURANCE COMPANY TRAFALGAR INSURANCE COMPANY OF CANADA

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,921,444,000 1,847,088,000 1,028,517,000 55.70 Prop. - Commercial................. 912,789,000 944,337,000 551,695,000 58.40 Prop. - Total............................ 2,834,233,000 2,791,425,000 1,580,212,000 56.60 Aircraft..................................... 0 0 49,000 0.00 Auto. - Liability........................ 2,145,806,000 2,129,927,000 1,457,645,000 68.40 Auto. - Pers. Acc..................... 763,539,000 730,454,000 627,346,000 85.90 Auto. - Other............................ 1,521,860,000 1,510,803,000 1,137,939,000 75.30 Auto. - Total............................. 4,431,205,000 4,371,184,000 3,222,930,000 73.70 Boiler/Machinery excld............ 42,577,000 43,565,000 9,783,000 22.50 Fidelity..................................... 1,163,000 1,330,000 21,000 1.60 Hail.......................................... 0 38,000 -5,000 -13.20 Legal Expense......................... 7,049,000 6,543,000 6,573,000 100.50 Liability.................................... 291,475,000 300,688,000 132,015,000 43.90 Surety...................................... 90,273,000 92,299,000 9,565,000 10.40 Marine...................................... 32,388,000 30,766,000 11,208,000 36.40 Accident & Sickness................ 0 0 3,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 7,730,363,000 7,637,838,000 4,972,354,000 65.10 Total 2015................................ 7,432,733,000 7,223,437,000 4,547,996,000 62.96 Total 2014................................ 6,875,276,000 6,900,072,000 4,478,159,000 64.90 Total 2013................................ 6,790,103,000 6,711,840,000 4,478,826,000 66.73 Total 2012................................ 6,290,072,000 6,242,659,000 3,881,221,000 62.17

112

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written................. 8,190,094,000 Reinsurance Assumed.............................. 966,000 Reinsurance Ceded............................ 460,697,000 Net Premiums Written..................... 7,730,363,000 Net Premiums Earned..................... 7,637,838,000 Net Claims & Adj Exp...................... 4,972,354,000 Commissions................................... 1,287,267,000 Taxes.................................................. 285,247,000 General Expenses.............................. 879,343,000 Undwrwtg. Profit/Loss....................... 317,047,000 Investment Income............................. 326,661,000

Underwriting Result

2016: +$317,047,000 2013: +$135,928,000

Growth Rate (DPW)..................................... 3.77 Growth Rate (NPW)..................................... 4.00 % of Market (NPW)................................... 16.82 Earned Loss Ratio..................................... 65.10 Total Expense Ratio.................................. 32.10 Combined Loss & Exp. Ratio.................... 97.20 Return on Equity......................................... 8.66

2015: +$461,242,000 2012: +$407,168,000

2014: +$334,084,000

Intact Insurance Company

B-CA Claude Dussault, Chairman 700 University Avenue, Suite 1500-A (877) 341-1464 Fax: (416) 941-5322 www.intactinsurance.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,248,941,000 1,200,610,000 668,464,000 55.70 Prop. - Commercial................. 546,561,000 568,525,000 333,093,000 58.60 Prop. - Total............................ 1,795,502,000 1,769,135,000 1,001,557,000 56.60 Aircraft..................................... 0 0 32,000 0.00 Auto. - Liability........................ 1,395,325,000 1,384,734,000 947,252,000 68.40 Auto. - Pers. Acc..................... 496,350,000 474,818,000 407,808,000 85.90 Auto. - Other............................ 989,374,000 982,106,000 739,717,000 75.30 Auto. - Total............................. 2,881,049,000 2,841,658,000 2,094,777,000 73.70 Boiler/Machinery excld............ 27,288,000 27,913,000 6,405,000 22.90 Fidelity..................................... 756,000 865,000 14,000 1.60 Hail.......................................... 0 25,000 -3,000 -12.00 Legal Expense......................... 4,580,000 4,250,000 4,273,000 100.50 Liability.................................... 175,070,000 180,024,000 85,037,000 47.20 Surety...................................... 58,678,000 59,995,000 6,217,000 10.40 Marine...................................... 21,052,000 19,997,000 7,287,000 36.40 Accident & Sickness................ 0 0 2,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 4,963,975,000 4,903,862,000 3,205,598,000 65.37 Total 2015................................ 5,293,384,000 5,136,236,000 3,233,956,000 62.96 Total 2014................................ 4,941,544,000 4,962,234,000 3,224,312,000 64.98 Total 2013................................ 4,189,624,000 3,978,284,000 2,658,931,000 66.84 Total 2012................................ 3,968,393,000 3,566,287,000 2,216,106,000 62.14

2016 Underwriting Performance Summary %

Direct Premiums Written................. 6,523,610,000 Reinsurance Assumed....................... 171,043,000 Reinsurance Ceded......................... 1,730,678,000 Net Premiums Written..................... 4,963,975,000 Net Premiums Earned..................... 4,903,862,000 Net Claims & Adj Exp...................... 3,205,598,000 Commissions...................................... 825,239,000 Taxes.................................................. 185,378,000 General Expenses.............................. 568,223,000 Undwrwtg. Profit/Loss....................... 186,647,000 Investment Income............................. 175,119,000

Underwriting Result

2016: +$186,647,000 2013: +$72,813,000

Growth Rate (DPW)..................................... 2.22 Growth Rate (NPW)....................................-6.22 % of Market (NPW)..................................... 10.8 Earned Loss Ratio..................................... 65.37 Total Expense Ratio.................................. 32.20 Combined Loss & Exp. Ratio.................... 97.57 Return on Equity......................................... 7.11

2015: +$319,557,000 2012: +$225,148,000

2014: +$231,983,000

International Insurance Company of Hannover SE

B-EU

Laurel E. Grant, Chief Agent for Canada 220 Bay Street, Suite 400 (416) 867-9712 Fax: (416) 867-9728 www.inter-hannover.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 2,243,000 809,000 769,000 95.10 Prop. - Commercial................. 1,475,000 1,737,000 2,336,000 134.50 Prop. - Total............................ 3,718,000 2,546,000 3,105,000 122.00 Aircraft..................................... 1,050,000 -64,000 229,000 -357.80 Auto. - Liability........................ 264,000 158,000 414,000 262.00 Auto. - Total............................. 264,000 158,000 414,000 262.00 Boiler/Machinery excld............ 0 30,000 0 0.00 Fidelity..................................... 2,000 2,000 -7,000 -350.00 Liability.................................... 5,251,000 4,699,000 2,862,000 60.90 Marine...................................... 395,000 327,000 12,000 3.70 Accident & Sickness................ 105,000 95,000 -30,000 -31.60 ——————— ——————— ——————— ————— Total 2016............................... 10,785,000 7,793,000 6,585,000 84.50 Total 2015................................ 4,464,000 4,378,000 3,115,000 71.15 Total 2014................................ 4,811,000 2,618,000 2,513,000 95.99 Total 2013................................ 2,220,000 2,045,000 1,736,000 84.89 Total 2012................................ 1,541,000 1,153,000 1,423,000 123.42

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 96,641,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 85,856,000 Net Premiums Written.......................... 10,785,000 Net Premiums Earned............................ 7,793,000 Net Claims & Adj Exp............................. 6,585,000 Commissions.........................................-1,513,000 Taxes......................................................... 257,000 General Expenses.................................. 1,310,000 Undwrwtg. Profit/Loss........................... 1,154,000 Investment Income.................................... 113,000

Growth Rate (DPW)................................. 102.64 Growth Rate (NPW)................................. 141.60 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 84.50 Total Expense Ratio.................................... 0.69 Combined Loss & Exp. Ratio.................... 85.19 Return on Equity......................................... 7.03

Underwriting Result

2016: +$1,154,000 2015: +$1,189,000 2014: -$447,000 2013: +$187,000 2012: -$1,720,000

Ironshore Insurance Ltd.

B-US Michael Wills, Chief Agent 1500 - 320 Bay Street (416) 216-2270 Fax: (416) 216-2268 www.ironshore.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Commercial................. 3,274,000 2,535,000 982,000 38.70 Direct Premiums Written...................... 27,662,000 Growth Rate (DPW)................................... 45.31 Prop. - Total............................ 3,274,000 2,535,000 982,000 38.70 Reinsurance Assumed........................... 1,007,000 Growth Rate (NPW)................................. 881.28 Liability.................................... 6,421,000 3,424,000 2,259,000 66.00 Reinsurance Ceded. . ............................ 18,974,000 % of Market (NPW)..................................... 0.02 ——————— ——————— ——————— ————— Net Premiums Written............................ 9,695,000 Earned Loss Ratio..................................... 54.39 Total 2016............................... 9,695,000 5,959,000 3,241,000 54.39 Net Premiums Earned............................ 5,959,000 Total Expense Ratio.................................. 20.10 Total 2015................................ 988,000 1,095,000 1,529,000 139.63 Net Claims & Adj Exp............................. 3,241,000 Combined Loss & Exp. Ratio.................... 74.49 Total 2014................................ 1,963,000 756,000 547,000 72.35 Return on Equity......................................... 4.15 Total 2013................................ Commissions............................................-310,000 Taxes......................................................... 931,000 Total 2012................................ General Expenses..................................... 577,000 Undwrwtg. Profit/Loss........................... 1,520,000 Investment Income.................................... 511,000 Underwriting Result

2016: +$1,520,000 2015: -$520,000 2014: -$166,000 2013: 2012:

2017 STATISTICAL GUIDE

113

Jevco Insurance Company

B-CA Claude Dussault, Chairman 700 University Ave, Suite 1500-A (877) 341-1464 Fax: (416) 941-5322 www.jevco.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 96,072,000 92,355,000 51,421,000 55.70 Prop. - Commercial................. 42,043,000 43,732,000 25,623,000 58.60 Prop. - Total............................ 138,115,000 136,087,000 77,044,000 56.60 Aircraft..................................... 0 0 2,000 0.00 Auto. - Liability........................ 107,334,000 106,518,000 72,863,000 68.40 Auto. - Pers. Acc..................... 38,180,000 36,524,000 31,369,000 85.90 Auto. - Other............................ 76,107,000 75,549,000 56,902,000 75.30 Auto. - Total............................. 221,621,000 218,591,000 161,134,000 73.70 Boiler/Machinery excld............ 2,099,000 2,147,000 493,000 23.00 Fidelity..................................... 58,000 67,000 1,000 1.50 Hail.......................................... 0 2,000 0 0.00 Legal Expense......................... 352,000 327,000 329,000 100.60 Liability.................................... 13,466,000 13,847,000 6,542,000 47.20 Surety...................................... 4,513,000 4,614,000 479,000 10.40 Marine...................................... 1,619,000 1,538,000 560,000 36.40 ——————— ——————— ——————— ————— Total 2016............................... 381,843,000 377,220,000 246,584,000 65.37 Total 2015................................ 362,560,000 351,797,000 221,504,000 62.96 Total 2014................................ 338,462,000 339,879,000 220,843,000 64.98 Total 2013................................ 367,854,000 331,522,000 221,578,000 66.84 Total 2012................................ 372,619,000 365,555,000 288,943,000 79.04

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 69,772,000 Reinsurance Assumed....................... 312,080,000 Reinsurance Ceded....................................... 9,000 Net Premiums Written........................ 381,843,000 Net Premiums Earned........................ 377,220,000 Net Claims & Adj Exp......................... 246,584,000 Commissions........................................ 63,480,000 Taxes.................................................... 14,260,000 General Expenses................................ 43,709,000 Undwrwtg. Profit/Loss......................... 14,358,000 Investment Income............................... 20,127,000

Growth Rate (DPW)..................................... 1.16 Growth Rate (NPW)..................................... 5.32 % of Market (NPW)..................................... 0.83 Earned Loss Ratio..................................... 65.37 Total Expense Ratio.................................. 32.20 Combined Loss & Exp. Ratio.................... 97.57 Return on Equity....................................... 12.39

Underwriting Result

2016: +$14,358,000 2015: +$21,887,000 2013: +$6,066,000 2012: -$33,670,000

Jewelers Mutual Insurance Company

2014: +$15,890,000

D-US

J. Brian Reeve, Chief Agent Scotia Plaza, Suite 2100 40 King Street West (416) 869-5745 Fax: (416) 350-6955 www.jewelersmutual.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,503,000 1,993,000 1,423,000 71.40 Prop. - Commercial................. 4,135,000 3,358,000 928,000 27.60 Prop. - Total............................ 5,638,000 5,351,000 2,351,000 43.90 Liability.................................... 1,140,000 1,033,000 25,000 2.40 ——————— ——————— ——————— ————— Total 2016............................... 6,778,000 6,384,000 2,376,000 37.22 Total 2015................................ 5,925,000 5,588,000 5,399,000 96.62 Total 2014................................ 5,314,000 5,055,000 2,446,000 48.39 Total 2013................................ 4,638,000 4,501,000 2,172,000 48.26 Total 2012................................ 4,339,000 4,120,000 4,456,000 108.16

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 7,154,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................... 376,000 Net Premiums Written............................ 6,778,000 Net Premiums Earned............................ 6,384,000 Net Claims & Adj Exp............................. 2,376,000 Commissions.......................................... 1,129,000 Taxes......................................................... 272,000 General Expenses..................................... 701,000 Undwrwtg. Profit/Loss........................... 1,943,000 Investment Income.................................... 189,000

Growth Rate (DPW)................................... 13.66 Growth Rate (NPW)................................... 14.40 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 37.22 Total Expense Ratio.................................. 32.93 Combined Loss & Exp. Ratio.................... 70.15 Return on Equity....................................... 15.39

Underwriting Result

2016: +$1,943,000 2015: -$2,068,000 2014: +$670,000 2013: +$905,000 2012: -$2,417,000

The Kings Mutual Insurance Company

B-CA

Cara M. Cameron, CPA, CA, FCIP, Chief Executive Officer P.O. Box 10, 220 Commercial St. 902-538-3187 Fax: 902-538-7271 www.kingsmutual.ns.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 8,464,000 8,311,000 2,808,000 33.80 Prop. - Commercial................. 196,000 184,000 1,000 0.50 Prop. - Total............................ 8,660,000 8,495,000 2,809,000 33.10 Liability.................................... 1,204,000 1,198,000 434,000 36.20 ——————— ——————— ——————— ————— Total 2016............................... 9,864,000 9,693,000 3,243,000 33.46 Total 2015................................ 7,964,000 7,790,000 5,341,000 68.56 Total 2014................................ 7,460,000 7,190,000 3,171,000 44.10 Total 2013................................ 6,992,000 6,850,000 2,429,000 35.46 Total 2012................................ 6,573,000 6,487,000 2,278,000 35.12

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 11,031,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 1,167,000 Net Premiums Written............................ 9,864,000 Net Premiums Earned............................ 9,693,000 Net Claims & Adj Exp............................. 3,243,000 Commissions.......................................... 1,782,000 Taxes......................................................... 384,000 General Expenses.................................. 3,778,000 Undwrwtg. Profit/Loss.............................-643,000 Investment Income................................. 1,907,000

Underwriting Result

Growth Rate (DPW)................................... 23.96 Growth Rate (NPW)................................... 23.86 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 33.46 Total Expense Ratio.................................. 61.32 Combined Loss & Exp. Ratio.................... 94.78 Return on Equity......................................... 4.63

2016: -$643,000 2015: -$2,336,000 2014: -$862,000 2013: -$496,000 2012: -$682,000

114

Canadian Underwriter

Lawyers’ Professional Indemnity Company

D-CA

Kathleen Waters, President & CEO 250 Yonge Street, Suite 3101 416-598-5800 www.lawpro.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Liability.................................... 109,546,000 109,379,000 98,244,000 89.80 Title.......................................... 6,397,000 6,397,000 2,468,000 38.60 ——————— ——————— ——————— ————— Total 2016............................... 115,943,000 115,776,000 100,712,000 86.99 Total 2015................................ 120,761,000 120,670,000 80,745,000 66.91 Total 2014................................ 114,920,000 114,900,000 99,585,000 86.67 Total 2013................................ 106,510,000 106,484,000 96,703,000 90.81 Total 2012................................ 104,777,000 104,717,000 106,106,000 101.33

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 123,329,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 7,386,000 Net Premiums Written........................ 115,943,000 Net Premiums Earned........................ 115,776,000 Net Claims & Adj Exp......................... 100,712,000 Commissions.........................................-1,721,000 Taxes...................................................... 3,701,000 General Expenses................................ 19,015,000 Undwrwtg. Profit/Loss..........................-5,931,000 Investment Income............................... 17,409,000

Growth Rate (DPW)....................................-3.53 Growth Rate (NPW)....................................-3.99 % of Market (NPW)..................................... 0.25 Earned Loss Ratio..................................... 86.99 Total Expense Ratio.................................. 18.13 Combined Loss & Exp. Ratio.................. 105.12 Return on Equity......................................... 3.52

Underwriting Result

2016: -$5,931,000 2015: +$19,918,000 2013: -$8,422,000 2012: -$19,259,000

2014: -$3,501,000

Legacy General Insurance Company

D-EU

Douglas W. Brooks, FSA, CERA, FCIA President and Chief Executive Officer 500-5000 Yonge Street (416) 883-5000 Fax: (416) 883-5174 www.canadianpremier.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Credit Protection..................... 0 0 37,000 0.00 Accident & Sickness................ 8,356,000 7,908,000 1,587,000 20.10 ——————— ——————— ——————— ————— Total 2016............................... 8,356,000 7,908,000 1,624,000 20.54 Total 2015................................ 9,127,000 5,182,000 1,758,000 33.93 Total 2014................................ 9,969,000 8,306,000 2,296,000 27.64 Total 2013................................ 10,929,000 8,007,000 3,815,000 47.65 Total 2012................................ 12,082,000 9,718,000 2,687,000 27.65

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 9,669,000 Reinsurance Assumed........................... 2,745,000 Reinsurance Ceded................................ 4,058,000 Net Premiums Written............................ 8,356,000 Net Premiums Earned............................ 7,908,000 Net Claims & Adj Exp............................. 1,624,000 Commissions.......................................... 1,494,000 Taxes.................................................................... 0 General Expenses.................................. 2,049,000 Undwrwtg. Profit/Loss........................... 2,741,000 Investment Income.................................... 192,000

Growth Rate (DPW)..................................-12.12 Growth Rate (NPW)....................................-8.45 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 20.54 Total Expense Ratio.................................. 44.80 Combined Loss & Exp. Ratio.................... 65.34 Return on Equity....................................... 22.73

Underwriting Result

2016: +$2,741,000 2015: -$762,000 2014: +$1,419,000 2013: -$513,000 2012: +$2,204,000

Liberty Mutual Insurance Company

B-US

Garth Pepper, Chief Agent in Canada 181 Bay Street, Suite 1000 (416) 365-7587 Fax: (416) 307-4372 www.libertyiu.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 35,763,000 32,515,000 23,103,000 71.10 Prop. - Total............................ 35,763,000 32,515,000 23,103,000 71.10 Aircraft..................................... 1,551,000 1,614,000 1,613,000 99.90 Auto. - Liability........................ 15,384,000 16,237,000 9,393,000 57.80 Auto. - Pers. Acc..................... 1,678,000 1,703,000 1,018,000 59.80 Auto. - Other............................ 6,338,000 6,361,000 3,539,000 55.60 Auto. - Total............................. 23,400,000 24,301,000 13,950,000 57.40 Boiler/Machinery excld............ 0 -202,000 -20,000 9.90 Fidelity..................................... 7,486,000 7,536,000 2,621,000 34.80 Liability.................................... 157,667,000 152,851,000 100,437,000 65.70 Surety...................................... 26,689,000 21,728,000 5,388,000 24.80 Marine...................................... 10,566,000 10,721,000 8,154,000 76.10 ——————— ——————— ——————— ————— Total 2016............................... 263,122,000 251,064,000 155,246,000 61.84 Total 2015................................ 241,059,000 226,150,000 137,944,000 61.00 Total 2014................................ 210,765,000 185,644,000 115,847,000 62.40 Total 2013................................ 162,727,000 146,078,000 98,501,000 67.43 Total 2012................................ 128,892,000 126,138,000 93,723,000 74.30

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 355,806,000 Reinsurance Assumed......................... 13,420,000 Reinsurance Ceded............................ 106,104,000 Net Premiums Written........................ 263,122,000 Net Premiums Earned........................ 251,064,000 Net Claims & Adj Exp......................... 155,246,000 Commissions........................................ 14,147,000 Taxes.................................................... 11,620,000 General Expenses................................ 42,835,000 Undwrwtg. Profit/Loss......................... 27,216,000 Investment Income............................... 28,053,000

Underwriting Result

Growth Rate (DPW)..................................... 9.02 Growth Rate (NPW)..................................... 9.15 % of Market (NPW)..................................... 0.57 Earned Loss Ratio..................................... 61.84 Total Expense Ratio.................................. 27.32 Combined Loss & Exp. Ratio.................... 89.16 Return on Equity......................................... 4.27

2016: +$27,216,000 2015: +$38,927,000 2013: +$8,153,000 2012: +$1,253,000

2014: +$21,333,000

2017 STATISTICAL GUIDE

115

Lloyd’s Underwriters

B-EU Sean T. Murphy, President, Lloyd’s Canada Inc. 1155 Metcalfe St., Suite 2020 514-861-8361 Fax: 514-861-0470 www.lloyds.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 211,627,000 165,532,000 108,450,000 65.50 Prop. - Commercial................. 1,172,050,000 1,145,909,000 1,453,153,000 126.80 Prop. - Total............................ 1,383,677,000 1,311,441,000 1,561,603,000 119.10 Aircraft..................................... 94,936,000 94,010,000 40,305,000 42.90 Auto. - Liability........................ 24,550,000 18,391,000 23,743,000 129.10 Auto. - Pers. Acc..................... 3,742,000 3,103,000 6,389,000 205.90 Auto. - Other............................ 48,945,000 47,069,000 28,292,000 60.10 Auto. - Total............................. 77,237,000 68,563,000 58,424,000 85.20 Boiler/Machinery excld............ 40,840,000 44,489,000 53,366,000 120.00 - Equipment Warranty............. 4,677,000 8,550,000 -1,967,000 -23.00 Credit....................................... 7,672,000 8,008,000 -1,799,000 -22.50 Fidelity..................................... 15,999,000 16,250,000 -21,322,000 -131.20 Hail.......................................... 4,926,000 5,074,000 -398,000 -7.80 Legal Expense......................... 3,860,000 3,384,000 3,099,000 91.60 Liability.................................... 1,369,541,000 1,338,898,000 984,014,000 73.50 Surety...................................... 58,158,000 54,866,000 23,124,000 42.10 Title.......................................... 65,000 65,000 61,000 93.80 Marine...................................... 66,501,000 59,381,000 25,056,000 42.20 Accident & Sickness................ 87,218,000 87,381,000 29,469,000 33.70 ——————— ——————— ——————— ————— Total 2016............................... 3,215,307,000 3,100,360,000 2,753,035,000 88.80 Total 2015................................ 3,077,761,000 2,888,157,000 1,643,305,000 56.90 Total 2014................................ 2,594,228,000 2,435,418,000 1,434,258,000 58.89 Total 2013................................ 2,396,862,000 2,319,337,000 1,369,392,000 59.04 Total 2012................................ 2,093,962,000 2,051,838,000 1,042,907,000 50.83

2016 Underwriting Performance Summary %

Direct Premiums Written................. 2,796,528,000 Reinsurance Assumed....................... 418,779,000 Reinsurance Ceded.............................................. 0 Net Premiums Written..................... 3,215,307,000 Net Premiums Earned..................... 3,100,360,000 Net Claims & Adj Exp...................... 2,753,035,000 Commissions...................................... 763,726,000 Taxes.................................................... 92,501,000 General Expenses................................ 15,960,000 Undwrwtg. Profit/Loss......................-524,862,000 Investment Income............................... 74,011,000

Underwriting Result

2016: -$524,862,000 2013: +$338,773,000

Growth Rate (DPW)..................................... 3.84 Growth Rate (NPW)..................................... 4.47 % of Market (NPW).......................................... 7 Earned Loss Ratio..................................... 88.80 Total Expense Ratio.................................. 28.13 Combined Loss & Exp. Ratio.................. 116.93 Return on Equity......................................-18.40

2015: +$465,835,000 2012: +$451,914,000

Mapfre Re Compania de Reaseguros, S.A.

2014: +$358,272,000

R-EU

Laurie LaPalme, Chief Agent 3650 Victoria Park Ave. Suite 201 (416) 496-1148 Fax: (416) 496-1089 www.mapfrere.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 12,512,000 12,606,000 22,529,000 178.70 Prop. - Commercial................. 8,340,000 8,402,000 15,020,000 178.80 Prop. - Total............................ 20,852,000 21,008,000 37,549,000 178.70 Aircraft..................................... 0 0 -30,000 0.00 Hail.......................................... 566,000 559,000 -28,000 -5.00 Liability.................................... 85,000 93,000 16,000 17.20 Surety...................................... 57,000 57,000 118,000 207.00 ——————— ——————— ——————— ————— Total 2016............................... 21,560,000 21,717,000 37,625,000 173.25 Total 2015................................ 17,055,000 16,492,000 6,090,000 36.93 Total 2014................................ 15,481,000 14,957,000 7,601,000 50.82 Total 2013................................ 15,271,000 15,355,000 15,987,000 104.12 Total 2012................................ 16,571,000 17,691,000 8,582,000 48.51

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................... 28,604,000 Reinsurance Ceded................................ 7,044,000 Net Premiums Written.......................... 21,560,000 Net Premiums Earned.......................... 21,717,000 Net Claims & Adj Exp........................... 37,625,000 Commissions.......................................... 4,428,000 Taxes.................................................................... 0 General Expenses..................................... 678,000 Undwrwtg. Profit/Loss........................-21,014,000 Investment Income.................................... 867,000

Growth Rate (DPW)............................................ Growth Rate (NPW)................................... 26.41 % of Market (NPW)..................................... 0.05 Earned Loss Ratio................................... 173.25 Total Expense Ratio.................................. 23.51 Combined Loss & Exp. Ratio.................. 196.76 Return on Equity......................................-42.88

Underwriting Result

2016: -$21,014,000 2015: +$4,879,000 2014: +$3,315,000 2013: -$4,409,000 2012: +$5,749,000

MAX Canada Insurance Company

B-US

David M. Wine, President and Chief Executive Officer 50 Queen Street North, Suite 860 (877) 770-7729 Fax: (519) 634-5159 www.maxinsurance.com/canada Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 7,441,000 5,957,000 4,614,000 77.50 Prop. - Commercial................. 3,392,000 2,823,000 1,678,000 59.40 Prop. - Total............................ 10,833,000 8,780,000 6,292,000 71.70 Liability.................................... 540,000 464,000 -316,000 -68.10 ——————— ——————— ——————— ————— Total 2016............................... 11,373,000 9,244,000 5,976,000 64.65 Total 2015................................ 8,388,000 7,472,000 4,629,000 61.95 Total 2014................................ 7,230,000 7,001,000 3,923,000 56.03 Total 2013................................ 6,797,000 6,171,000 3,349,000 54.27 Total 2012................................ 5,671,000 5,164,000 2,360,000 45.70

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 16,755,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 5,382,000 Net Premiums Written.......................... 11,373,000 Net Premiums Earned............................ 9,244,000 Net Claims & Adj Exp............................. 5,976,000 Commissions.......................................... 1,312,000 Taxes......................................................... 634,000 General Expenses.................................. 2,291,000 Undwrwtg. Profit/Loss.............................-743,000 Investment Income.................................... 205,000

Underwriting Result

Growth Rate (DPW)................................... 10.83 Growth Rate (NPW)................................... 35.59 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 64.65 Total Expense Ratio.................................. 45.84 Combined Loss & Exp. Ratio.................. 110.49 Return on Equity........................................-5.62

2016: -$743,000 2015: -$737,000 2014: +$212,000 2013: -$541,000 2012: -$119,000

116

Canadian Underwriter

Mennonite Mutual Fire Insurance Company

B-CA

Valerie Fehr, President and CEO 402 Main Street North, P.O. Box 190 306-945-2239 Fax: 306-945-4666 www.mmfi.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 14,423,000 13,101,000 5,771,000 44.10 Prop. - Commercial................. 1,590,000 1,669,000 925,000 55.40 Prop. - Total............................ 16,013,000 14,770,000 6,696,000 45.30 Auto. - Liability........................ 113,000 109,000 0 0.00 Auto. - Other............................ 221,000 217,000 182,000 83.90 Auto. - Total............................. 334,000 326,000 182,000 55.80 Boiler/Machinery excld............ 7,000 3,000 0 0.00 Liability.................................... 814,000 761,000 396,000 52.00 Accident & Sickness................ 4,000 4,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 17,172,000 15,864,000 7,274,000 45.85 Total 2015................................ 9,791,000 9,247,000 3,162,000 34.19 Total 2014................................ 8,773,000 8,700,000 5,327,000 61.23 Total 2013................................ 7,955,000 7,294,000 4,258,000 58.38 Total 2012................................ 7,019,000 6,576,000 4,188,000 63.69

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 20,144,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 2,972,000 Net Premiums Written.......................... 17,172,000 Net Premiums Earned.......................... 15,864,000 Net Claims & Adj Exp............................. 7,274,000 Commissions.......................................... 3,777,000 Taxes......................................................... 495,000 General Expenses.................................. 2,545,000 Undwrwtg. Profit/Loss........................... 1,963,000 Investment Income.................................... 176,000

Growth Rate (DPW)................................... 13.46 Growth Rate (NPW)................................... 75.39 % of Market (NPW)..................................... 0.04 Earned Loss Ratio..................................... 45.85 Total Expense Ratio.................................. 42.97 Combined Loss & Exp. Ratio.................... 88.82 Return on Equity....................................... 15.22

Underwriting Result

2016: +$1,963,000 2015: +$2,042,000 2014: -$380,000 2013: +$815,000 2012: +$428,000

Millennium Insurance Corporation

D-CA

Aaron Perdue, Chief Executive Officer 340 Sioux Road (780) 467-1500 Fax: (780) 467-0004 www.millenniuminsurance.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 27,861,000 21,730,000 8,733,000 40.20 Prop. - Commercial................. 1,297,000 1,092,000 218,000 20.00 Prop. - Total............................ 29,158,000 22,822,000 8,951,000 39.20 Auto. - Liability........................ 9,537,000 9,287,000 13,093,000 141.00 Auto. - Pers. Acc..................... 739,000 734,000 835,000 113.80 Auto. - Other............................ 8,079,000 8,459,000 4,571,000 54.00 Auto. - Total............................. 18,355,000 18,480,000 18,499,000 100.10 Boiler/Machinery excld............ 29,000 14,000 0 0.00 - Equipment Warranty............. 60,111,000 41,730,000 23,699,000 56.80 Credit Protection..................... 996,000 779,000 86,000 11.00 Liability.................................... 550,000 500,000 561,000 112.20 ——————— ——————— ——————— ————— Total 2016............................... 109,199,000 84,325,000 51,796,000 61.42 Total 2015................................ 125,232,000 81,602,000 43,588,000 53.42 Total 2014................................ 123,184,000 75,336,000 43,789,000 58.12 Total 2013................................ 112,303,000 69,089,000 38,252,000 55.37 Total 2012................................ 94,348,000 58,316,000 31,178,000 53.46

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 153,757,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 44,558,000 Net Premiums Written........................ 109,199,000 Net Premiums Earned.......................... 84,325,000 Net Claims & Adj Exp........................... 51,796,000 Commissions............................................. 383,000 Taxes...................................................... 5,626,000 General Expenses.................................. 8,615,000 Undwrwtg. Profit/Loss......................... 17,905,000 Investment Income............................... 14,430,000

Growth Rate (DPW)....................................-5.49 Growth Rate (NPW)..................................-12.80 % of Market (NPW)..................................... 0.24 Earned Loss Ratio..................................... 61.42 Total Expense Ratio.................................. 17.34 Combined Loss & Exp. Ratio.................... 78.76 Return on Equity....................................... 13.37

Underwriting Result

2016: +$17,905,000 2015: +$24,786,000 2013: +$19,571,000 2012: +$16,248,000

The Missisquoi Insurance Company

2014: +$18,562,000

B-CA

Rowan Saunders, President and Chief Executive Officer 1 Place Ville Marie, Suite 1400 (514) 875-5790 Fax: (514) 875-9769 www.economical.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 24,868,000 24,567,000 15,151,000 61.70 Prop. - Commercial................. 20,983,000 20,890,000 15,091,000 72.20 Prop. - Total............................ 45,851,000 45,457,000 30,242,000 66.50 Auto. - Liability........................ 37,689,000 36,207,000 28,060,000 77.50 Auto. - Pers. Acc..................... 16,713,000 15,781,000 11,160,000 70.70 Auto. - Other............................ 28,409,000 27,271,000 20,566,000 75.40 Auto. - Total............................. 82,811,000 79,259,000 59,786,000 75.40 Boiler/Machinery excld............ 0 -1,000 0 0.00 Fidelity..................................... 152,000 151,000 25,000 16.60 Liability.................................... 10,490,000 10,594,000 6,493,000 61.30 Surety...................................... 102,000 109,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 139,406,000 135,569,000 96,546,000 71.22 Total 2015................................ 134,165,000 132,106,000 84,778,000 64.17 Total 2014................................ 130,176,000 127,921,000 89,932,000 70.30 Total 2013................................ 125,031,000 122,647,000 81,806,000 66.70 Total 2012................................ 119,489,000 115,494,000 70,601,000 61.13

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 107,563,000 Reinsurance Assumed....................... 132,453,000 Reinsurance Ceded............................ 100,610,000 Net Premiums Written........................ 139,406,000 Net Premiums Earned........................ 135,569,000 Net Claims & Adj Exp........................... 96,546,000 Commissions........................................ 25,746,000 Taxes...................................................... 4,807,000 General Expenses................................ 21,634,000 Undwrwtg. Profit/Loss........................-11,426,000 Investment Income............................... 10,441,000

Growth Rate (DPW)..................................... 0.00 Growth Rate (NPW)..................................... 3.91 % of Market (NPW)....................................... 0.3 Earned Loss Ratio..................................... 71.22 Total Expense Ratio.................................. 38.49 Combined Loss & Exp. Ratio.................. 109.71 Return on Equity........................................-0.22

Underwriting Result

2016: -$11,426,000 2015: +$3,280,000 2014: -$3,774,000 2013: +$424,000 2012: +$4,853,000

2017 STATISTICAL GUIDE

117

Mitsui Sumitomo Insurance Company, Limited

B-Other

Ellen J. Moore, Chief Agent 199 Bay Street, Suite 2500 PO Box 139, Commerce Court Postal Stn. 416-863-0550 Fax: 416-863-3144 www.ms-ins.com/english Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 111,000 113,000 3,000 2.70 Prop. - Commercial................. 5,766,000 5,719,000 16,388,000 286.60 Prop. - Total............................ 5,877,000 5,832,000 16,391,000 281.10 Aircraft..................................... 4,971,000 4,982,000 1,743,000 35.00 Auto. - Liability........................ 3,838,000 3,750,000 1,377,000 36.70 Auto. - Pers. Acc..................... 12,000 20,000 19,000 95.00 Auto. - Other............................ 22,000 37,000 21,000 56.80 Auto. - Total............................. 3,872,000 3,807,000 1,417,000 37.20 Boiler/Machinery excld............ 353,000 349,000 1,000 0.30 Fidelity..................................... 96,000 105,000 0 0.00 Liability.................................... 4,918,000 4,894,000 4,684,000 95.70 Surety...................................... 3,000 3,000 0 0.00 Marine...................................... 192,000 192,000 823,000 428.60 ——————— ——————— ——————— ————— Total 2016............................... 20,282,000 20,164,000 25,059,000 124.28 Total 2015................................ 20,229,000 20,189,000 14,307,000 70.87 Total 2014................................ 20,198,000 19,817,000 10,752,000 54.26 Total 2013................................ 20,029,000 20,717,000 15,412,000 74.39 Total 2012................................ 21,017,000 21,141,000 9,479,000 44.84

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 22,500,000 Reinsurance Assumed.............................. 371,000 Reinsurance Ceded................................ 2,589,000 Net Premiums Written.......................... 20,282,000 Net Premiums Earned.......................... 20,164,000 Net Claims & Adj Exp........................... 25,059,000 Commissions.......................................... 1,771,000 Taxes......................................................... 757,000 General Expenses.................................. 4,221,000 Undwrwtg. Profit/Loss........................-11,644,000 Investment Income................................. 1,935,000

Growth Rate (DPW)..................................... 1.37 Growth Rate (NPW)..................................... 0.26 % of Market (NPW)..................................... 0.04 Earned Loss Ratio................................... 124.28 Total Expense Ratio.................................. 33.47 Combined Loss & Exp. Ratio.................. 157.75 Return on Equity......................................-13.67

Underwriting Result

2016: -$11,644,000 2015: -$404,000 2014: +$3,008,000 2013: -$877,000 2012: +$5,112,000

Motors Insurance Corporation

D-US

John J. Johnson, Chief Agent in Canada 8500 Leslie St., Suite 101 (800) 387-8095 Fax: (800) 248-3281

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 184,000 184,000 -2,660,000 -1,445.70 Auto. - Pers. Acc..................... 144,000 144,000 1,699,000 1,179.90 Auto. - Other............................ 60,000 60,000 123,000 205.00 Auto. - Total............................. 388,000 388,000 -838,000 -216.00 - Equipment Warranty............. 11,435,000 9,995,000 3,275,000 32.80 Liability.................................... 33,710,000 35,536,000 16,383,000 46.10 ——————— ——————— ——————— ————— Total 2016............................... 45,533,000 45,919,000 18,820,000 40.99 Total 2015................................ 45,034,000 48,830,000 16,360,000 33.50 Total 2014................................ 50,808,000 56,252,000 30,836,000 54.82 Total 2013................................ 54,983,000 90,984,000 50,556,000 55.57 Total 2012................................ 56,008,000 129,661,000 83,951,000 64.75

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 83,697,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 38,164,000 Net Premiums Written.......................... 45,533,000 Net Premiums Earned.......................... 45,919,000 Net Claims & Adj Exp........................... 18,820,000 Commissions.......................................... 1,416,000 Taxes...................................................... 2,728,000 General Expenses.................................. 1,839,000 Undwrwtg. Profit/Loss......................... 21,124,000 Investment Income............................... 10,422,000

Growth Rate (DPW)....................................-0.41 Growth Rate (NPW)..................................... 1.11 % of Market (NPW)....................................... 0.1 Earned Loss Ratio..................................... 40.99 Total Expense Ratio.................................. 13.03 Combined Loss & Exp. Ratio.................... 54.02 Return on Equity....................................... 12.53

Underwriting Result

2016: +$21,124,000 2015: +$26,420,000 2013: +$29,328,000 2012: +$25,355,000

2014: +$19,055,000

Munich Re Canada MUNICH REINSURANCE COMPANY OF CANADA TEMPLE INSURANCE COMPANY (THE)

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 78,105,000 92,646,000 63,528,000 68.60 Prop. - Commercial................. 117,368,000 120,117,000 88,527,000 73.70 Prop. - Total............................ 195,473,000 212,763,000 152,055,000 71.50 Aircraft..................................... 0 0 -155,000 0.00 Auto. - Liability........................ 18,289,000 27,911,000 19,224,000 68.90 Auto. - Pers. Acc..................... 8,720,000 13,444,000 6,619,000 49.20 Auto. - Other............................ 15,779,000 22,156,000 8,279,000 37.40 Auto. - Total............................. 42,788,000 63,511,000 34,122,000 53.70 Boiler/Machinery excld............ 1,495,000 2,885,000 -1,573,000 -54.50 Credit....................................... 0 0 -9,000 0.00 Fidelity..................................... 265,000 341,000 228,000 66.90 Legal Expense......................... 7,440,000 1,596,000 549,000 34.40 Liability.................................... 103,191,000 106,950,000 52,212,000 48.80 Surety...................................... 6,773,000 7,154,000 2,981,000 41.70 Marine...................................... 9,000 9,000 -3,000 -33.30 Accident & Sickness................ 0 0 -4,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 357,434,000 395,209,000 240,403,000 60.83 Total 2015................................ 437,120,000 384,883,000 237,686,000 61.76 Total 2014................................ 343,406,000 330,524,000 184,152,000 55.72 Total 2013................................ 309,522,000 309,447,000 203,465,000 65.75 Total 2012................................ 301,255,000 297,546,000 184,478,000 62.00

118

Canadian Underwriter

R-EU Philipp Wassenberg, President & CEO 390 Bay Street, Suite 2200 416-364-2851 Fax: 416-361-1163 www.mroc.com

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 197,147,000 Reinsurance Assumed....................... 262,477,000 Reinsurance Ceded............................ 102,190,000 Net Premiums Written........................ 357,434,000 Net Premiums Earned........................ 395,209,000 Net Claims & Adj Exp......................... 240,403,000 Commissions........................................ 83,177,000 Taxes...................................................... 5,556,000 General Expenses................................ 32,043,000 Undwrwtg. Profit/Loss......................... 34,030,000 Investment Income............................... 45,279,000

Underwriting Result

Growth Rate (DPW)..................................... 9.04 Growth Rate (NPW)..................................-18.23 % of Market (NPW)..................................... 0.78 Earned Loss Ratio..................................... 60.83 Total Expense Ratio.................................. 30.56 Combined Loss & Exp. Ratio.................... 91.39 Return on Equity....................................... 12.50

2016: +$34,030,000 2015: +$10,632,000 2013: +$11,270,000 2012: +$16,954,000

2014: +$30,618,000

Munich Reinsurance America, Inc.

R-EU

Bernard J. Maingot, Chief Agent 390 Bay Street, 22nd Floor (416) 681-6946 Fax: 416-591-8830 www.munichreamerica.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 315,000 315,000 26,000 8.30 Prop. - Commercial................. 4,978,000 5,059,000 1,854,000 36.60 Prop. - Total............................ 5,293,000 5,374,000 1,880,000 35.00 Aircraft..................................... 41,000 14,000 -127,000 -907.10 Auto. - Liability........................ 1,074,000 1,080,000 228,000 21.10 Auto. - Pers. Acc..................... 0 0 -191,000 0.00 Auto. - Other............................ 0 0 -67,000 0.00 Auto. - Total............................. 1,074,000 1,080,000 -30,000 -2.80 Boiler/Machinery excld............ 299,000 299,000 159,000 53.20 Credit....................................... -96,000 -87,000 -213,000 244.80 Fidelity..................................... 1,000 1,000 0 0.00 Liability.................................... 1,962,000 2,224,000 -1,709,000 -76.80 Surety...................................... 472,000 472,000 -528,000 -111.90 Marine...................................... 71,000 71,000 -126,000 -177.50 Accident & Sickness................ 126,000 126,000 67,000 53.20 ——————— ——————— ——————— ————— Total 2016............................... 9,243,000 9,574,000 -627,000 -6.55 Total 2015................................ 9,812,000 10,107,000 -4,087,000 -40.44 Total 2014................................ 9,069,000 11,533,000 6,863,000 59.51 Total 2013................................ 14,109,000 13,438,000 20,313,000 151.16 Total 2012................................ 11,756,000 11,250,000 9,599,000 85.32

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed........................... 9,243,000 Reinsurance Ceded.............................................. 0 Net Premiums Written............................ 9,243,000 Net Premiums Earned............................ 9,574,000 Net Claims & Adj Exp...............................-627,000 Commissions............................................. 861,000 Taxes........................................................... 46,000 General Expenses..................................... 702,000 Undwrwtg. Profit/Loss........................... 8,592,000 Investment Income................................. 3,716,000

Growth Rate (DPW)............................................ Growth Rate (NPW)....................................-5.80 % of Market (NPW)..................................... 0.02 Earned Loss Ratio......................................-6.55 Total Expense Ratio.................................. 16.81 Combined Loss & Exp. Ratio.................... 10.26 Return on Equity......................................... 6.80

Underwriting Result

2016: +$8,592,000 2015: +$11,883,000 2013: -$10,395,000 2012: -$1,442,000

2014: +$2,643,000

Munich Reinsurance Company of Canada

R-EU

Philipp Wassenberg, President & CEO 390 Bay St., 22nd Floor 416-366-9206 Fax: 416-366-4330 www.mroc.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 78,105,000 92,646,000 63,528,000 68.60 Prop. - Commercial................. 45,484,000 69,132,000 48,078,000 69.50 Prop. - Total............................ 123,589,000 161,778,000 111,606,000 69.00 Aircraft..................................... 0 0 -10,000 0.00 Auto. - Liability........................ 18,289,000 27,911,000 19,120,000 68.50 Auto. - Pers. Acc..................... 8,720,000 13,444,000 6,619,000 49.20 Auto. - Other............................ 15,779,000 22,156,000 8,279,000 37.40 Auto. - Total............................. 42,788,000 63,511,000 34,018,000 53.60 Boiler/Machinery excld............ -43,000 1,624,000 930,000 57.30 Fidelity..................................... 265,000 341,000 228,000 66.90 Legal Expense......................... 7,440,000 1,596,000 549,000 34.40 Liability.................................... 24,035,000 29,883,000 6,173,000 20.70 Surety...................................... 6,773,000 7,154,000 2,997,000 41.90 Marine...................................... 9,000 9,000 -3,000 -33.30 ——————— ——————— ——————— ————— Total 2016............................... 204,856,000 265,896,000 156,488,000 58.85 Total 2015................................ 333,514,000 279,934,000 161,612,000 57.73 Total 2014................................ 238,163,000 226,903,000 118,588,000 52.26 Total 2013................................ 207,324,000 207,022,000 134,924,000 65.17 Total 2012................................ 201,140,000 198,321,000 123,711,000 62.38

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed....................... 241,205,000 Reinsurance Ceded.............................. 36,349,000 Net Premiums Written........................ 204,856,000 Net Premiums Earned........................ 265,896,000 Net Claims & Adj Exp......................... 156,488,000 Commissions........................................ 50,086,000 Taxes......................................................... 360,000 General Expenses................................ 20,218,000 Undwrwtg. Profit/Loss......................... 38,744,000 Investment Income............................... 30,332,000

Underwriting Result

Growth Rate (DPW)............................................ Growth Rate (NPW)..................................-38.58 % of Market (NPW)..................................... 0.45 Earned Loss Ratio..................................... 58.85 Total Expense Ratio.................................. 26.58 Combined Loss & Exp. Ratio.................... 85.43 Return on Equity....................................... 17.28

2016: +$38,744,000 2015: +$20,885,000 2013: +$11,023,000 2012: +$15,627,000

Municipal Electric Association Reciprocal Ins. Exchange

2014: +$33,003,000

Charlie Macaluso, Chief Executive Officer 3700 Steeles Ave. W. Suite 1100 (905) 265-5300 Fax: (905) 265-5301 www.mearie.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 390,000 390,000 2,000 0.50 Prop. - Total............................ 390,000 390,000 2,000 0.50 Auto. - Liability........................ 362,000 362,000 1,000 0.30 Auto. - Pers. Acc..................... 133,000 133,000 0 0.00 Auto. - Other............................ 164,000 164,000 0 0.00 Auto. - Total............................. 659,000 659,000 1,000 0.20 Fidelity..................................... 26,000 26,000 0 0.00 Liability.................................... 6,314,000 6,404,000 8,160,000 127.40 ——————— ——————— ——————— ————— Total 2016............................... 7,389,000 7,479,000 8,163,000 109.15 Total 2015................................ 6,385,000 6,284,000 4,821,000 76.72 Total 2014................................ 7,844,000 7,736,000 1,741,000 22.51 Total 2013................................ 7,768,000 7,768,000 3,549,000 45.69 Total 2012................................ 5,768,000 5,768,000 3,567,000 61.84

120

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 12,978,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 5,589,000 Net Premiums Written............................ 7,389,000 Net Premiums Earned............................ 7,479,000 Net Claims & Adj Exp............................. 8,163,000 Commissions........................................................ 0 Taxes......................................................... 407,000 General Expenses.................................. 2,573,000 Undwrwtg. Profit/Loss..........................-3,242,000 Investment Income................................. 7,213,000

Underwriting Result

Growth Rate (DPW)..................................... 8.91 Growth Rate (NPW)................................... 15.72 % of Market (NPW)..................................... 0.02 Earned Loss Ratio................................... 109.15 Total Expense Ratio.................................. 39.84 Combined Loss & Exp. Ratio.................. 148.99 Return on Equity......................................... 5.76

2016: -$3,242,000 2015: -$1,177,000 2014: +$3,818,000 2013: +$1,822,000 2012: -$252,000

The Mutual Fire Insurance Company of B.C.

B-CA

Don Hooge, Chairman Suite 201, 9366-200A Street 604-881-1250 Fax: 604-881-1440 www.mutualfirebc.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 18,818,000 20,174,000 16,839,000 83.50 Prop. - Commercial................. 18,240,000 17,922,000 5,340,000 29.80 Prop. - Total............................ 37,058,000 38,096,000 22,179,000 58.20 Boiler/Machinery excld............ 112,000 112,000 80,000 71.40 Liability.................................... 2,090,000 2,161,000 2,271,000 105.10 ——————— ——————— ——————— ————— Total 2016............................... 39,260,000 40,369,000 24,530,000 60.76 Total 2015................................ 43,292,000 41,199,000 27,552,000 66.88 Total 2014................................ 52,945,000 47,746,000 30,157,000 63.16 Total 2013................................ 43,918,000 41,400,000 20,608,000 49.78 Total 2012................................ 38,336,000 35,548,000 22,285,000 62.69

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 83,634,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 44,374,000 Net Premiums Written.......................... 39,260,000 Net Premiums Earned.......................... 40,369,000 Net Claims & Adj Exp........................... 24,530,000 Commissions.......................................... 6,823,000 Taxes......................................................... 953,000 General Expenses.................................. 6,931,000 Undwrwtg. Profit/Loss........................... 1,295,000 Investment Income................................. 2,925,000

Growth Rate (DPW)..................................... 0.54 Growth Rate (NPW)....................................-9.31 % of Market (NPW)..................................... 0.09 Earned Loss Ratio..................................... 60.76 Total Expense Ratio.................................. 36.43 Combined Loss & Exp. Ratio.................... 97.19 Return on Equity......................................... 9.03

Underwriting Result

2016: +$1,295,000 2015: -$1,446,000 2014: -$1,941,000 2013: +$3,750,000 2012: -$1,091,000

National Liability & Fire Insurance Company

B-US

Christopher Walton, Chief Agent in Canada 200 Bay Street, 15th Floor, PO Box 2 Royal Bank Plaza, North Tower (416) 360-2036 Fax: (416) 360-2020 Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 8,453,000 8,709,000 -608,000 -7.00 Prop. - Total............................ 8,453,000 8,709,000 -608,000 -7.00 Aircraft..................................... 4,307,000 4,317,000 1,925,000 44.60 Boiler/Machinery excld............ 589,000 642,000 -148,000 -23.10 Liability.................................... 13,383,000 8,831,000 7,322,000 82.90 Surety...................................... 236,000 132,000 68,000 51.50 Marine...................................... 13,000 7,000 33,000 471.40 ——————— ——————— ——————— ————— Total 2016............................... 26,981,000 22,638,000 8,592,000 37.95 Total 2015................................ 21,567,000 15,817,000 -1,949,000 -12.32 Total 2014................................ 10,441,000 10,287,000 -6,301,000 -61.25 Total 2013................................ 9,576,000 52,969,000 -6,757,000 -12.76 Total 2012................................ 136,739,000 122,847,000 79,256,000 64.52

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 50,748,000 Reinsurance Assumed........................... 6,132,000 Reinsurance Ceded.............................. 29,899,000 Net Premiums Written.......................... 26,981,000 Net Premiums Earned.......................... 22,638,000 Net Claims & Adj Exp............................. 8,592,000 Commissions.......................................... 2,850,000 Taxes...................................................... 1,628,000 General Expenses.................................. 8,665,000 Undwrwtg. Profit/Loss.............................. 903,000 Investment Income................................. 1,555,000

Growth Rate (DPW)................................... 31.67 Growth Rate (NPW)................................... 25.10 % of Market (NPW)..................................... 0.06 Earned Loss Ratio..................................... 37.95 Total Expense Ratio.................................. 58.06 Combined Loss & Exp. Ratio.................... 96.01 Return on Equity......................................... 1.06

Underwriting Result

2016: +$903,000 2015: +$6,827,000 2013: +$46,013,000 2012: +$2,668,000

2014: +$12,939,000

The Nordic Insurance Company of Canada

B-CA

Claude Dussault, Chairman 700 University Ave., Suite 1500-A (877) 341-1464 Fax: (416) 941-5322 www.intact.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 96,072,000 92,354,000 51,421,000 55.70 Prop. - Commercial................. 42,043,000 43,732,000 25,622,000 58.60 Prop. - Total............................ 138,115,000 136,086,000 77,043,000 56.60 Aircraft..................................... 0 0 2,000 0.00 Auto. - Liability........................ 107,334,000 106,519,000 72,866,000 68.40 Auto. - Pers. Acc..................... 38,181,000 36,524,000 31,369,000 85.90 Auto. - Other............................ 76,106,000 75,547,000 56,901,000 75.30 Auto. - Total............................. 221,621,000 218,590,000 161,136,000 73.70 Boiler/Machinery excld............ 2,099,000 2,147,000 493,000 23.00 Fidelity..................................... 58,000 67,000 1,000 1.50 Hail.......................................... 0 2,000 0 0.00 Legal Expense......................... 353,000 328,000 329,000 100.30 Liability.................................... 13,466,000 13,847,000 6,542,000 47.20 Surety...................................... 4,514,000 4,615,000 478,000 10.40 Marine...................................... 1,619,000 1,538,000 560,000 36.40 ——————— ——————— ——————— ————— Total 2016............................... 381,845,000 377,220,000 246,584,000 65.37 Total 2015................................ 362,560,000 351,797,000 221,504,000 62.96 Total 2014................................ 338,462,000 339,879,000 220,843,000 64.98 Total 2013................................ 233,701,000 331,522,000 221,579,000 66.84 Total 2012................................ 579,834,000 491,902,000 305,671,000 62.14

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 537,679,000 Reinsurance Assumed....................... 292,461,000 Reinsurance Ceded............................ 448,295,000 Net Premiums Written........................ 381,845,000 Net Premiums Earned........................ 377,220,000 Net Claims & Adj Exp......................... 246,584,000 Commissions........................................ 63,480,000 Taxes.................................................... 14,260,000 General Expenses................................ 43,709,000 Undwrwtg. Profit/Loss......................... 14,358,000 Investment Income............................... 18,638,000

Underwriting Result

Growth Rate (DPW)................................... 19.69 Growth Rate (NPW)..................................... 5.32 % of Market (NPW)..................................... 0.83 Earned Loss Ratio..................................... 65.37 Total Expense Ratio.................................. 32.20 Combined Loss & Exp. Ratio.................... 97.57 Return on Equity....................................... 10.66

2016: +$14,358,000 2015: +$21,888,000 2013: +$6,062,000 2012: +$31,056,000

2014: +$15,889,000

2017 STATISTICAL GUIDE

121

Northbridge Commercial Insurance Corporation

B-CA

Silvy Wright, President and Chief Executive Officer 105 Adelaide St. West (416) 350-4400 Fax: (416) 350-4412 www.nbfc.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 15,076,000 14,402,000 8,400,000 58.30 Prop. - Total............................ 15,076,000 14,402,000 8,400,000 58.30 Auto. - Liability........................ 76,309,000 69,325,000 71,471,000 103.10 Auto. - Pers. Acc..................... 8,869,000 8,312,000 6,346,000 76.30 Auto. - Other............................ 49,331,000 46,380,000 27,376,000 59.00 Auto. - Total............................. 134,509,000 124,017,000 105,193,000 84.80 Liability.................................... 1,233,000 1,212,000 1,099,000 90.70 ——————— ——————— ——————— ————— Total 2016............................... 150,818,000 139,631,000 114,692,000 82.14 Total 2015................................ 142,117,000 150,058,000 131,351,000 87.53 Total 2014................................ 146,068,000 143,175,000 146,811,000 102.54 Total 2013................................ 135,668,000 138,763,000 96,695,000 69.68 Total 2012................................ 143,403,000 155,707,000 113,253,000 72.73

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 156,940,000 Reinsurance Assumed........................... 3,780,000 Reinsurance Ceded................................ 9,902,000 Net Premiums Written........................ 150,818,000 Net Premiums Earned........................ 139,631,000 Net Claims & Adj Exp......................... 114,692,000 Commissions........................................ 14,530,000 Taxes...................................................... 4,910,000 General Expenses................................ 19,150,000 Undwrwtg. Profit/Loss........................-13,430,000 Investment Income................................-4,045,000

Growth Rate (DPW)..................................... 8.25 Growth Rate (NPW)..................................... 6.12 % of Market (NPW)..................................... 0.33 Earned Loss Ratio..................................... 82.14 Total Expense Ratio.................................. 27.64 Combined Loss & Exp. Ratio.................. 109.78 Return on Equity........................................-7.15

Underwriting Result

2016: -$13,430,000 2015: -$18,533,000 2014: -$43,468,000 2013: +$256,000 2012: -$1,295,000

Northbridge Financial Corporation FEDERATED INSURANCE COMPANY OF CANADA NORTHBRIDGE COMMERCIAL INSURANCE CORPORATION NORTHBRIDGE GENERAL INSURANCE CORPORATION NORTHBRIDGE PERSONAL INSURANCE CORPORATION ZENITH INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 66,630,000 65,038,000 33,872,000 52.10 Prop. - Commercial................. 380,844,000 364,692,000 262,480,000 72.00 Prop. - Total............................ 447,474,000 429,730,000 296,352,000 69.00 Auto. - Liability........................ 277,464,000 261,294,000 159,122,000 60.90 Auto. - Pers. Acc..................... 61,950,000 60,566,000 14,037,000 23.20 Auto. - Other............................ 183,637,000 179,692,000 119,672,000 66.60 Auto. - Total............................. 523,051,000 501,552,000 292,831,000 58.40 Boiler/Machinery excld............ 10,177,000 9,174,000 2,082,000 22.70 Fidelity..................................... 2,240,000 2,195,000 631,000 28.70 Hail.......................................... 336,000 336,000 357,000 106.20 Liability.................................... 233,880,000 229,189,000 77,820,000 34.00 Surety...................................... 310,000 295,000 3,895,000 1,320.30 Marine...................................... 29,566,000 29,820,000 22,559,000 75.70 ——————— ——————— ——————— ————— Total 2016............................... 1,247,034,000 1,202,291,000 696,527,000 57.93 Total 2015................................ 1,132,822,000 1,117,144,000 657,126,000 58.82 Total 2014................................ 1,067,709,000 1,040,367,000 638,410,000 61.36 Total 2013................................ 1,021,023,000 965,175,000 570,270,000 59.08 Total 2012................................ 902,367,000 914,173,000 674,264,000 73.76

Silvy Wright, President and Chief Executive Officer 105 Adelaide St. West 416-350-4400 Fax: 416-350-4412 www.nbfc.com

2016 Underwriting Performance Summary %

Direct Premiums Written................. 1,391,815,000 Reinsurance Assumed........................... 4,550,000 Reinsurance Ceded............................ 149,331,000 Net Premiums Written..................... 1,247,034,000 Net Premiums Earned..................... 1,202,291,000 Net Claims & Adj Exp......................... 696,527,000 Commissions...................................... 200,143,000 Taxes.................................................... 46,482,000 General Expenses.............................. 189,873,000 Undwrwtg. Profit/Loss......................... 73,588,000 Investment Income............................... 45,421,000

Growth Rate (DPW)..................................... 8.72 Growth Rate (NPW)................................... 10.08 % of Market (NPW)..................................... 2.71 Earned Loss Ratio..................................... 57.93 Total Expense Ratio.................................. 36.31 Combined Loss & Exp. Ratio.................... 94.24 Return on Equity......................................... 6.41

Underwriting Result

2016: +$73,588,000 2015: +$65,694,000 2013: +$41,157,000 2012: -$83,449,000

Northbridge General Insurance Corporation NORTHBRIDGE PERSONAL INSURANCE CORPORATION

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 66,085,000 62,459,000 29,702,000 47.60 Prop. - Commercial................. 297,411,000 285,261,000 204,142,000 71.60 Prop. - Total............................ 363,496,000 347,720,000 233,844,000 67.30 Auto. - Liability........................ 163,122,000 154,043,000 57,696,000 37.50 Auto. - Pers. Acc..................... 46,307,000 45,285,000 524,000 1.20 Auto. - Other............................ 101,967,000 101,249,000 74,658,000 73.70 Auto. - Total............................. 311,396,000 300,577,000 132,878,000 44.20 Boiler/Machinery excld............ 7,453,000 6,665,000 1,380,000 20.70 Fidelity..................................... 1,847,000 1,818,000 725,000 39.90 Hail.......................................... 336,000 336,000 357,000 106.20 Liability.................................... 176,650,000 174,261,000 52,510,000 30.10 Surety...................................... 109,000 97,000 3,866,000 3,985.60 Marine...................................... 29,566,000 29,820,000 22,559,000 75.70 ——————— ——————— ——————— ————— Total 2016............................... 890,853,000 861,294,000 448,119,000 52.03 Total 2015................................ 802,683,000 786,666,000 423,449,000 53.83 Total 2014................................ 749,198,000 736,273,000 395,973,000 53.78 Total 2013................................ 735,067,000 683,560,000 394,645,000 57.73 Total 2012................................ 625,910,000 630,030,000 492,170,000 78.12

122

Canadian Underwriter

2014: +$35,478,000

B-CA

Silvy Wright, President and Chief Executive Officer 105 Adelaide St. West (416) 350-4400 Fax: (416) 350-4412 www.nbfc.com

2016 Underwriting Performance Summary %

Direct Premiums Written................. 1,021,454,000 Reinsurance Assumed.............................. 770,000 Reinsurance Ceded............................ 131,371,000 Net Premiums Written........................ 890,853,000 Net Premiums Earned........................ 861,294,000 Net Claims & Adj Exp......................... 448,119,000 Commissions...................................... 168,134,000 Taxes.................................................... 34,340,000 General Expenses.............................. 129,969,000 Undwrwtg. Profit/Loss......................... 84,996,000 Investment Income............................... 52,057,000

Underwriting Result

Growth Rate (DPW)..................................... 9.60 Growth Rate (NPW)................................... 10.98 % of Market (NPW)..................................... 1.94 Earned Loss Ratio..................................... 52.03 Total Expense Ratio.................................. 38.60 Combined Loss & Exp. Ratio.................... 90.63 Return on Equity......................................... 9.47

2016: +$84,996,000 2015: +$67,789,000 2013: +$29,334,000 2012: -$95,713,000

2014: +$70,006,000

Northbridge Personal Insurance Corporation ZENITH INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 64,376,000 61,285,000 29,340,000 47.90 Prop. - Commercial................. 0 0 1,000 0.00 Prop. - Total............................ 64,376,000 61,285,000 29,341,000 47.90 Auto. - Liability........................ 61,602,000 57,962,000 -5,570,000 -9.60 Auto. - Pers. Acc..................... 30,203,000 29,750,000 -546,000 -1.80 Auto. - Other............................ 20,140,000 18,955,000 19,095,000 100.70 Auto. - Total............................. 111,945,000 106,667,000 12,979,000 12.20 Liability.................................... 146,000 138,000 -774,000 -560.90 ——————— ——————— ——————— ————— Total 2016............................... 176,467,000 168,090,000 41,546,000 24.72 Total 2015................................ 163,414,000 169,436,000 86,287,000 50.93 Total 2014................................ 172,941,000 176,307,000 105,111,000 59.62 Total 2013................................ 184,648,000 178,800,000 135,519,000 75.79 Total 2012................................ 167,746,000 174,668,000 163,491,000 93.60

R-CA

Silvy Wright, President and Chief Executive Officer 105 Adelaide St. West (416) 350-4400 Fax: (416) 350-4412 www.nbfc.com

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 179,929,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 3,462,000 Net Premiums Written........................ 176,467,000 Net Premiums Earned........................ 168,090,000 Net Claims & Adj Exp........................... 41,546,000 Commissions........................................ 29,431,000 Taxes...................................................... 5,595,000 General Expenses................................ 22,573,000 Undwrwtg. Profit/Loss......................... 69,736,000 Investment Income................................. 6,677,000

Growth Rate (DPW)..................................... 7.86 Growth Rate (NPW)..................................... 7.99 % of Market (NPW)..................................... 0.38 Earned Loss Ratio..................................... 24.72 Total Expense Ratio.................................. 34.27 Combined Loss & Exp. Ratio.................... 58.99 Return on Equity....................................... 20.00

Underwriting Result

2016: +$69,736,000 2015: +$27,419,000 2013: -$10,559,000 2012: -$51,686,000

2014: +$21,180,000

Novex Insurance Company

B-CA Claude Dussault, Chairman 700 University Avenue, Suite 1500-A (877) 341-1464 Fax: (416) 941-5322 www.intact.ca

Prems Class

Net Claims Written

Claims Earned

Incurred Ratio

Prop. - Personal...................... 96,071,000 92,354,000 51,419,000 55.70 Prop. - Commercial................. 42,044,000 43,733,000 25,622,000 58.60 Prop. - Total............................ 138,115,000 136,087,000 77,041,000 56.60 Aircraft..................................... 0 0 2,000 0.00 Auto. - Liability........................ 107,341,000 106,525,000 72,869,000 68.40 Auto. - Pers. Acc..................... 38,178,000 36,521,000 31,370,000 85.90 Auto. - Other............................ 76,104,000 75,546,000 56,900,000 75.30 Auto. - Total............................. 221,623,000 218,592,000 161,139,000 73.70 Boiler/Machinery excld............ 2,097,000 2,145,000 494,000 23.00 Fidelity..................................... 58,000 67,000 1,000 1.50 Hail.......................................... 0 2,000 0 0.00 Legal Expense......................... 353,000 328,000 328,000 100.00 Liability.................................... 13,466,000 13,847,000 6,541,000 47.20 Surety...................................... 4,513,000 4,614,000 479,000 10.40 Marine...................................... 1,619,000 1,538,000 560,000 36.40 ——————— ——————— ——————— ————— Total 2016............................... 381,844,000 377,220,000 246,585,000 65.37 Total 2015................................ 362,560,000 351,797,000 221,504,000 62.96 Total 2014................................ 338,463,000 339,879,000 220,843,000 64.98 Total 2013................................ 307,144,000 331,521,000 221,578,000 66.84 Total 2012................................ 328,325,000 368,929,000 229,252,000 62.14

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 441,718,000 Reinsurance Assumed....................... 161,039,000 Reinsurance Ceded............................ 220,913,000 Net Premiums Written........................ 381,844,000 Net Premiums Earned........................ 377,220,000 Net Claims & Adj Exp......................... 246,585,000 Commissions........................................ 63,480,000 Taxes.................................................... 14,260,000 General Expenses................................ 43,709,000 Undwrwtg. Profit/Loss......................... 14,357,000 Investment Income............................... 15,085,000

Growth Rate (DPW)..................................... 4.63 Growth Rate (NPW)..................................... 5.32 % of Market (NPW)..................................... 0.83 Earned Loss Ratio..................................... 65.37 Total Expense Ratio.................................. 32.20 Combined Loss & Exp. Ratio.................... 97.57 Return on Equity......................................... 9.57

Underwriting Result

2016: +$14,357,000 2015: +$21,887,000 2013: +$6,066,000 2012: +$23,296,000

Odyssey Reinsurance Company

2014: +$15,890,000

R-CA

David R. Green, VP Underwriting 55 University Avenue, Suite 1600 (416) 862-0162 Fax: (416) 367-3248 www.odysseyre.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 30,753,000 30,934,000 29,275,000 94.60 Prop. - Commercial................. 23,627,000 23,614,000 34,226,000 144.90 Prop. - Total............................ 54,380,000 54,548,000 63,501,000 116.40 Aircraft..................................... 7,000 6,000 0 0.00 Auto. - Liability........................ 9,601,000 8,922,000 8,727,000 97.80 Auto. - Other............................ 3,373,000 3,311,000 -75,000 -2.30 Auto. - Total............................. 12,974,000 12,233,000 8,652,000 70.70 Boiler/Machinery excld............ 87,000 87,000 4,000 4.60 Fidelity..................................... 0 0 -3,000 0.00 Hail.......................................... 2,745,000 2,745,000 627,000 22.80 Liability.................................... 11,350,000 11,724,000 4,059,000 34.60 Surety...................................... 2,729,000 2,702,000 -1,282,000 -47.40 Marine...................................... 36,000 32,000 102,000 318.80 ——————— ——————— ——————— ————— Total 2016............................... 84,308,000 84,077,000 75,660,000 89.99 Total 2015................................ 82,224,000 74,203,000 44,138,000 59.48 Total 2014................................ 77,653,000 79,460,000 39,880,000 50.19 Total 2013................................ 83,650,000 79,258,000 81,003,000 102.20 Total 2012................................ 83,937,000 84,783,000 70,582,000 83.25

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed....................... 103,250,000 Reinsurance Ceded.............................. 18,942,000 Net Premiums Written.......................... 84,308,000 Net Premiums Earned.......................... 84,077,000 Net Claims & Adj Exp........................... 75,660,000 Commissions........................................ 20,089,000 Taxes.................................................................... 0 General Expenses.................................. 4,131,000 Undwrwtg. Profit/Loss........................-15,803,000 Investment Income................................. 3,750,000

Underwriting Result

Growth Rate (DPW)............................................ Growth Rate (NPW)..................................... 2.53 % of Market (NPW)..................................... 0.18 Earned Loss Ratio..................................... 89.99 Total Expense Ratio.................................. 28.81 Combined Loss & Exp. Ratio.................. 118.80 Return on Equity........................................-4.61

2016: -$15,803,000 2015: +$4,983,000 2013: -$17,740,000 2012: -$3,969,000

2014: +$21,742,000

2017 STATISTICAL GUIDE

123

Old Republic Insurance Company of Canada

B-US

Paul M. Field, President, Chief Executive Officer & Chief Financial Officer 100 King St. W. (905) 523-5936 Fax: (905) 528-4685 www.oldrepubliccanada.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 0 0 -7,000 0.00 Prop. - Commercial................. 8,288,000 7,994,000 7,134,000 89.20 Prop. - Total............................ 8,288,000 7,994,000 7,127,000 89.20 Aircraft..................................... 0 0 -15,000 0.00 Auto. - Liability........................ 34,434,000 34,550,000 31,158,000 90.20 Auto. - Pers. Acc..................... 3,929,000 4,091,000 6,015,000 147.00 Auto. - Other............................ 17,833,000 17,474,000 13,164,000 75.30 Auto. - Total............................. 56,196,000 56,115,000 50,337,000 89.70 Liability.................................... 4,221,000 4,206,000 208,000 4.90 Accident & Sickness................ 54,319,000 53,132,000 24,000,000 45.20 ——————— ——————— ——————— ————— Total 2016............................... 123,024,000 121,447,000 81,657,000 67.24 Total 2015................................ 116,947,000 114,444,000 62,187,000 54.34 Total 2014................................ 58,707,000 59,757,000 39,815,000 66.63 Total 2013................................ 60,520,000 63,288,000 46,116,000 72.87 Total 2012................................ 55,801,000 52,189,000 40,360,000 77.33

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 139,612,000 Reinsurance Assumed........................... 5,022,000 Reinsurance Ceded.............................. 21,610,000 Net Premiums Written........................ 123,024,000 Net Premiums Earned........................ 121,447,000 Net Claims & Adj Exp........................... 81,657,000 Commissions........................................ 30,312,000 Taxes...................................................... 3,433,000 General Expenses................................ 14,406,000 Undwrwtg. Profit/Loss..........................-2,621,000 Investment Income................................. 4,088,000

Growth Rate (DPW)................................... 25.82 Growth Rate (NPW)..................................... 5.20 % of Market (NPW)..................................... 0.27 Earned Loss Ratio..................................... 67.24 Total Expense Ratio.................................. 39.65 Combined Loss & Exp. Ratio.................. 106.89 Return on Equity......................................... 1.44

Underwriting Result

2016: -$2,621,000 2015: +$11,174,000 2013: +$477,000 2012: -$1,672,000

2014: +$3,527,000

Omega General Insurance Company

B-US

Philip H. Cook, Chief Executive Officer 34 King Street East, Suite 1200 (416) 361-1728 Fax: (416) 361-6113 www.omegageneral.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 1,000 1,000 14,000 1,400.00 Prop. - Commercial................. -40,000 -41,000 -249,000 607.30 Prop. - Total............................ -39,000 -40,000 -235,000 587.50 Aircraft..................................... 0 0 -2,000 0.00 Auto. - Liability........................ 0 0 122,000 0.00 Auto. - Pers. Acc..................... -575,000 -575,000 -593,000 103.10 Auto. - Other............................ -4,000 -4,000 -4,000 100.00 Auto. - Total............................. -579,000 -579,000 -475,000 82.00 Fidelity..................................... -18,000 -18,000 -19,000 105.60 Liability.................................... 943,000 941,000 924,000 98.20 Surety...................................... 3,000 3,000 2,000 66.70 Accident & Sickness................ -39,000 -39,000 -39,000 100.00 ——————— ——————— ——————— ————— Total 2016............................... 271,000 268,000 156,000 58.21 Total 2015................................ 1,767,000 2,856,000 1,435,000 50.25 Total 2014................................ 25,187,000 24,943,000 14,036,000 56.27 Total 2013................................ 20,222,000 20,169,000 10,335,000 51.24 Total 2012................................ 17,927,000 18,747,000 13,387,000 71.41

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 52,548,000 Reinsurance Assumed.................................. 3,000 Reinsurance Ceded.............................. 52,280,000 Net Premiums Written............................... 271,000 Net Premiums Earned............................... 268,000 Net Claims & Adj Exp................................ 156,000 Commissions.........................................-2,193,000 Taxes...................................................... 2,043,000 General Expenses.................................. 1,005,000 Undwrwtg. Profit/Loss.............................-743,000 Investment Income.................................... 939,000

Growth Rate (DPW)................................... 21.29 Growth Rate (NPW)..................................-84.66 % of Market (NPW)............................................ Earned Loss Ratio..................................... 58.21 Total Expense Ratio................................ 319.03 Combined Loss & Exp. Ratio.................. 377.24 Return on Equity......................................... 1.33

Underwriting Result

2016: -$743,000 2015: -$206,000 2014: -$560,000 2013: -$249,000 2012: -$2,652,000

Ontario School Boards’ Insurance Exchange

Jim H. Sami, President, CEO and Attorney-in-Fact 91 Westmount Road 519-767-2182 Fax: 519-767-0281 www.osbie.on.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 14,207,000 14,207,000 9,368,000 65.90 Prop. - Total............................ 14,207,000 14,207,000 9,368,000 65.90 Auto. - Liability........................ 615,000 661,000 654,000 98.90 Auto. - Pers. Acc..................... 277,000 277,000 708,000 255.60 Auto. - Other............................ 446,000 492,000 95,000 19.30 Auto. - Total............................. 1,338,000 1,430,000 1,457,000 101.90 Boiler/Machinery excld............ 178,000 178,000 97,000 54.50 Fidelity..................................... 1,012,000 1,012,000 62,000 6.10 Liability.................................... 22,889,000 23,266,000 9,726,000 41.80 ——————— ——————— ——————— ————— Total 2016............................... 39,624,000 40,093,000 20,710,000 51.65 Total 2015................................ 40,054,000 40,523,000 31,182,000 76.95 Total 2014................................ 39,326,000 39,847,000 26,832,000 67.34 Total 2013................................ 37,093,000 37,614,000 28,794,000 76.55 Total 2012................................ 35,934,000 36,417,000 30,863,000 84.75

124

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 42,837,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 3,213,000 Net Premiums Written.......................... 39,624,000 Net Premiums Earned.......................... 40,093,000 Net Claims & Adj Exp........................... 20,710,000 Commissions........................................................ 0 Taxes......................................................... 960,000 General Expenses.................................. 2,776,000 Undwrwtg. Profit/Loss......................... 15,647,000 Investment Income............................... 13,078,000

Underwriting Result

Growth Rate (DPW)....................................-1.06 Growth Rate (NPW)....................................-1.07 % of Market (NPW)..................................... 0.09 Earned Loss Ratio..................................... 51.65 Total Expense Ratio.................................... 9.32 Combined Loss & Exp. Ratio.................... 60.97 Return on Equity....................................... 26.88

2016: +$15,647,000 2015: +$5,460,000 2014: +$9,327,000 2013: +$5,297,000 2012: +$2,178,000

Optimum - Group OPTIMUM FARM INSURANCE INC. OPTIMUM INSURANCE COMPANY INC. OPTIMUM WEST INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 50,957,000 47,148,000 27,889,000 59.20 Prop. - Commercial................. 18,546,000 21,008,000 9,536,000 45.40 Prop. - Total............................ 69,503,000 68,156,000 37,425,000 54.90 Auto. - Liability........................ 16,082,000 17,209,000 7,787,000 45.20 Auto. - Pers. Acc..................... 5,944,000 6,363,000 4,676,000 73.50 Auto. - Other............................ 9,560,000 9,362,000 7,956,000 85.00 Auto. - Total............................. 31,586,000 32,934,000 20,419,000 62.00 Boiler/Machinery excld............ 0 0 2,000 0.00 Fidelity..................................... 34,000 26,000 3,000 11.50 Liability.................................... 17,900,000 17,419,000 8,648,000 49.60 Surety...................................... 1,000 1,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 119,024,000 118,536,000 66,497,000 56.10 Total 2015................................ 125,057,000 125,279,000 69,690,000 55.63 Total 2014................................ 123,695,000 117,447,000 65,428,000 55.71 Total 2013................................ 111,639,000 108,307,000 56,360,000 52.04 Total 2012................................ 105,195,000 102,818,000 50,651,000 49.26

CA Jean-Claude Pagé, Chair of the Board 425 ouest boulevard de Maisonneuve Ouest Bureau 1500 514-288-8711 Fax: 514-288-8269 www.groupe-optimum.com

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 153,955,000 Reinsurance Assumed......................... 29,087,000 Reinsurance Ceded.............................. 64,018,000 Net Premiums Written........................ 119,024,000 Net Premiums Earned........................ 118,536,000 Net Claims & Adj Exp........................... 66,497,000 Commissions........................................ 15,897,000 Taxes...................................................... 5,674,000 General Expenses................................ 24,063,000 Undwrwtg. Profit/Loss........................... 6,405,000 Investment Income................................. 3,843,000

Growth Rate (DPW)....................................-4.19 Growth Rate (NPW)....................................-4.82 % of Market (NPW)..................................... 0.26 Earned Loss Ratio..................................... 56.10 Total Expense Ratio.................................. 38.50 Combined Loss & Exp. Ratio.................... 94.60 Return on Equity......................................... 9.55

Underwriting Result

2016: +$6,405,000 2015: +$8,049,000 2014: +$4,856,000 2013: +$6,752,000 2012: +$7,444,000

Optimum Farm Insurance Inc.

B-CA

Gilles Blondeau, Honorary Chair of the Board 25, rue des Forges, bureau 422 (819) 373-2040 Fax: (819) 373-2801 www.groupe-optimum.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 6,325,000 6,277,000 4,126,000 65.70 Prop. - Total............................ 6,325,000 6,277,000 4,126,000 65.70 Auto. - Liability........................ 135,000 124,000 126,000 101.60 Auto. - Pers. Acc..................... 1,000 1,000 4,000 400.00 Auto. - Other............................ 227,000 218,000 203,000 93.10 Auto. - Total............................. 363,000 343,000 333,000 97.10 Liability.................................... 970,000 936,000 321,000 34.30 ——————— ——————— ——————— ————— Total 2016............................... 7,658,000 7,556,000 4,780,000 63.26 Total 2015................................ 7,403,000 7,278,000 2,044,000 28.08 Total 2014................................ 7,229,000 7,278,000 2,258,000 31.03 Total 2013................................ 7,330,000 7,124,000 2,231,000 31.32 Total 2012................................ 6,809,000 6,390,000 2,197,000 34.38

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 10,726,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 3,068,000 Net Premiums Written............................ 7,658,000 Net Premiums Earned............................ 7,556,000 Net Claims & Adj Exp............................. 4,780,000 Commissions.......................................... 1,109,000 Taxes.................................................................... 0 General Expenses.................................. 1,203,000 Undwrwtg. Profit/Loss.............................. 464,000 Investment Income...................................... 77,000

Growth Rate (DPW)..................................... 4.59 Growth Rate (NPW)..................................... 3.44 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 63.26 Total Expense Ratio.................................. 30.60 Combined Loss & Exp. Ratio.................... 93.86 Return on Equity....................................... 12.64

Underwriting Result

2016: +$464,000 2015: +$2,677,000 2014: +$2,511,000 2013: +$2,403,000 2012: +$1,718,000

Optimum Insurance Company Inc. OPTIMUM FARM INSURANCE INC.

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 35,879,000 32,185,000 17,503,000 54.40 Prop. - Commercial................. 16,498,000 18,936,000 8,559,000 45.20 Prop. - Total............................ 52,377,000 51,121,000 26,062,000 51.00 Auto. - Liability........................ 15,267,000 16,431,000 7,853,000 47.80 Auto. - Pers. Acc..................... 5,859,000 6,280,000 4,608,000 73.40 Auto. - Other............................ 8,957,000 8,753,000 7,467,000 85.30 Auto. - Total............................. 30,083,000 31,464,000 19,928,000 63.30 Boiler/Machinery excld............ 0 0 1,000 0.00 Fidelity..................................... 19,000 9,000 0 0.00 Liability.................................... 14,380,000 13,928,000 6,633,000 47.60 Surety...................................... 1,000 1,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 96,860,000 96,523,000 52,624,000 54.52 Total 2015................................ 105,013,000 105,218,000 54,929,000 52.20 Total 2014................................ 104,299,000 98,811,000 54,765,000 55.42 Total 2013................................ 93,923,000 90,986,000 47,474,000 52.18 Total 2012................................ 88,786,000 86,873,000 41,377,000 47.63

B-CA

Gilles Blondeau, Honorary Chair of the Board 425 ouest boulevard de Maisonneuve Ouest Bureau 1500 (514) 288-8711 Fax: (514) 288-8269 www.groupe-optimum.com

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 82,385,000 Reinsurance Assumed......................... 29,087,000 Reinsurance Ceded.............................. 14,612,000 Net Premiums Written.......................... 96,860,000 Net Premiums Earned.......................... 96,523,000 Net Claims & Adj Exp........................... 52,624,000 Commissions........................................ 23,214,000 Taxes...................................................... 2,703,000 General Expenses................................ 13,659,000 Undwrwtg. Profit/Loss........................... 4,323,000 Investment Income................................. 3,381,000

Growth Rate (DPW)....................................-8.60 Growth Rate (NPW)....................................-7.76 % of Market (NPW)..................................... 0.21 Earned Loss Ratio..................................... 54.52 Total Expense Ratio.................................. 41.00 Combined Loss & Exp. Ratio.................... 95.52 Return on Equity......................................... 8.98

Underwriting Result

2016: +$4,323,000 2015: +$7,130,000 2014: +$4,409,000 2013: +$4,210,000 2012: +$4,627,000

2017 STATISTICAL GUIDE

125

Optimum West Insurance Company

B-CA

Gilles Blondeau, Honorary Chair of the Board 600 - 4211 Kingsway 604-688-1541 Fax: 604-688-1527 www.optimumwest.bc.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 15,078,000 14,963,000 10,386,000 69.40 Prop. - Commercial................. 2,048,000 2,072,000 977,000 47.20 Prop. - Total............................ 17,126,000 17,035,000 11,363,000 66.70 Auto. - Liability........................ 815,000 778,000 -66,000 -8.50 Auto. - Pers. Acc..................... 85,000 83,000 68,000 81.90 Auto. - Other............................ 603,000 609,000 489,000 80.30 Auto. - Total............................. 1,503,000 1,470,000 491,000 33.40 Boiler/Machinery excld............ 0 0 1,000 0.00 Fidelity..................................... 15,000 17,000 3,000 17.60 Liability.................................... 3,520,000 3,491,000 2,015,000 57.70 ——————— ——————— ——————— ————— Total 2016............................... 22,164,000 22,013,000 13,873,000 63.02 Total 2015................................ 20,044,000 20,061,000 14,761,000 73.58 Total 2014................................ 19,396,000 18,636,000 10,663,000 57.22 Total 2013................................ 17,716,000 17,321,000 8,886,000 51.30 Total 2012................................ 16,409,000 15,945,000 9,274,000 58.16

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 71,570,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 49,406,000 Net Premiums Written.......................... 22,164,000 Net Premiums Earned.......................... 22,013,000 Net Claims & Adj Exp........................... 13,873,000 Commissions.........................................-7,317,000 Taxes...................................................... 2,971,000 General Expenses................................ 10,404,000 Undwrwtg. Profit/Loss........................... 2,082,000 Investment Income.................................... 462,000

Growth Rate (DPW)..................................... 1.44 Growth Rate (NPW)................................... 10.58 % of Market (NPW)..................................... 0.05 Earned Loss Ratio..................................... 63.02 Total Expense Ratio.................................. 27.52 Combined Loss & Exp. Ratio.................... 90.54 Return on Equity....................................... 11.79

Underwriting Result

2016: +$2,082,000 2015: +$919,000 2014: +$447,000 2013: +$2,542,000 2012: +$2,817,000

Orion Travel Insurance Company

D-CA

Jay Woo, President and Chief Executive Officer Centennial Place, East Tower 1900, 520 3rd Avenue SW (905) 747-4900 Fax: (905) 771-3357 www.oriontravelinsurance.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Personal...................... 23,495,000 23,092,000 11,273,000 48.80 Direct Premiums Written...................... 67,253,000 Growth Rate (DPW)..................................... 8.38 Prop. - Total............................ 23,495,000 23,092,000 11,273,000 48.80 Reinsurance Assumed........................................... Growth Rate (NPW)..................................... 5.88 Accident & Sickness................ 40,973,000 38,881,000 19,781,000 50.90 % of Market (NPW)..................................... 0.14 ——————— ——————— ——————— ————— Reinsurance Ceded................................ 2,785,000 Net Premiums Written.......................... 64,468,000 Earned Loss Ratio..................................... 50.11 Total 2016............................... 64,468,000 61,973,000 31,054,000 50.11 Net Premiums Earned.......................... 61,973,000 Total Expense Ratio.................................. 52.77 Total 2015................................ 60,890,000 60,117,000 27,188,000 45.23 Net Claims & Adj Exp........................... 31,054,000 Combined Loss & Exp. Ratio.................. 102.88 Total 2014................................ 46,488,000 34,741,000 19,326,000 55.63 Commissions........................................ 21,397,000 Return on Equity........................................-2.80 Total 2013................................ 4,572,000 1,864,000 957,000 51.34 Total 2012................................ Taxes...................................................... 1,753,000 General Expenses.................................. 9,555,000 Undwrwtg. Profit/Loss..........................-1,786,000 Investment Income.................................... 666,000 Underwriting Result

2016: -$1,786,000 2015: +$4,662,000 2014: -$2,575,000 2013: -$8,804,000 2012:

Pafco Insurance Company

B-US Ryan Michel, Chief Executive Officer 27 Allstate Parkway, Suite 100 (905) 477-6900 Fax: (905) 475-4991

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 45,135,000 50,143,000 30,120,000 60.10 Auto. - Pers. Acc..................... 22,005,000 26,082,000 26,497,000 101.60 Auto. - Other............................ 19,184,000 19,393,000 11,880,000 61.30 Auto. - Total............................. 86,324,000 95,618,000 68,497,000 71.60 ——————— ——————— ——————— ————— Total 2016............................... 86,324,000 95,618,000 68,497,000 71.64 Total 2015................................ 100,578,000 98,139,000 65,406,000 66.65 Total 2014................................ 93,893,000 89,900,000 47,733,000 53.10 Total 2013................................ 91,226,000 96,785,000 53,699,000 55.48 Total 2012................................ 99,033,000 99,918,000 44,552,000 44.59

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 86,466,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................... 142,000 Net Premiums Written.......................... 86,324,000 Net Premiums Earned.......................... 95,618,000 Net Claims & Adj Exp........................... 68,497,000 Commissions........................................ 13,870,000 Taxes...................................................... 3,031,000 General Expenses................................ 11,030,000 Undwrwtg. Profit/Loss........................... 2,160,000 Investment Income................................. 4,816,000

Underwriting Result

Growth Rate (DPW)..................................-14.18 Growth Rate (NPW)..................................-14.17 % of Market (NPW)..................................... 0.19 Earned Loss Ratio..................................... 71.64 Total Expense Ratio.................................. 29.21 Combined Loss & Exp. Ratio.................. 100.85 Return on Equity......................................... 7.33

2016: +$2,160,000 2015: +$7,751,000 2013: +$18,250,000 2012: +$31,015,000

126

Canadian Underwriter

2014: +$19,333,000

Partner Reinsurance Company of the U.S.

R-Other

Patrick Li, Chief Agent 123 Front Street West, Suite 909 (416) 861-0033 Fax: (416) 861-0200 www.partnerre.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 82,467,000 78,702,000 88,045,000 111.90 Prop. - Total............................ 82,467,000 78,702,000 88,045,000 111.90 Aircraft..................................... 3,000 1,000 2,978,000 297,800.00 Auto. - Liability........................ 2,514,000 2,528,000 -5,985,000 -236.70 Auto. - Total............................. 2,514,000 2,528,000 -5,985,000 -236.70 Hail.......................................... 7,981,000 7,981,000 9,994,000 125.20 Liability.................................... 13,497,000 13,108,000 -5,959,000 -45.50 Surety...................................... 3,930,000 4,188,000 305,000 7.30 ——————— ——————— ——————— ————— Total 2016............................... 110,392,000 106,508,000 89,378,000 83.92 Total 2015................................ 100,717,000 105,472,000 21,653,000 20.53 Total 2014................................ 103,461,000 98,348,000 39,140,000 39.80 Total 2013................................ 90,214,000 95,884,000 57,327,000 59.79 Total 2012................................ 107,478,000 108,391,000 50,883,000 46.94

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed....................... 121,818,000 Reinsurance Ceded.............................. 11,426,000 Net Premiums Written........................ 110,392,000 Net Premiums Earned........................ 106,508,000 Net Claims & Adj Exp........................... 89,378,000 Commissions........................................ 27,357,000 Taxes.................................................................... 0 General Expenses.................................. 8,046,000 Undwrwtg. Profit/Loss........................-18,273,000 Investment Income................................. 3,075,000

Growth Rate (DPW)............................................ Growth Rate (NPW)..................................... 9.61 % of Market (NPW)..................................... 0.24 Earned Loss Ratio..................................... 83.92 Total Expense Ratio.................................. 33.24 Combined Loss & Exp. Ratio.................. 117.16 Return on Equity........................................-4.40

Underwriting Result

2016: -$18,273,000 2015: +$50,970,000 2013: +$5,862,000 2012: +$22,961,000

2014: +$27,983,000

Peace Hills General Insurance Company

B-CA

Kathy Boychuk, President & Chief Executive Officer 300 - 10709 Jasper Avenue 780-424-3986 Fax: 780-424-0396 www.peacehillsinsurance.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 51,305,000 52,239,000 37,979,000 72.70 Prop. - Commercial................. 23,045,000 23,614,000 11,581,000 49.00 Prop. - Total............................ 74,350,000 75,853,000 49,560,000 65.30 Auto. - Liability........................ 25,624,000 24,839,000 18,380,000 74.00 Auto. - Pers. Acc..................... 2,025,000 1,961,000 1,639,000 83.60 Auto. - Other............................ 23,359,000 23,286,000 17,410,000 74.80 Auto. - Total............................. 51,008,000 50,086,000 37,429,000 74.70 ——————— ——————— ——————— ————— Total 2016............................... 125,358,000 125,939,000 86,989,000 69.07 Total 2015................................ 135,257,000 143,727,000 91,234,000 63.48 Total 2014................................ 139,958,000 131,826,000 85,040,000 64.51 Total 2013................................ 124,159,000 116,323,000 77,142,000 66.32 Total 2012................................ 117,582,000 114,363,000 70,853,000 61.95

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 230,049,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded............................ 104,691,000 Net Premiums Written........................ 125,358,000 Net Premiums Earned........................ 125,939,000 Net Claims & Adj Exp........................... 86,989,000 Commissions........................................ 19,987,000 Taxes...................................................... 8,576,000 General Expenses................................ 24,791,000 Undwrwtg. Profit/Loss........................-11,421,000 Investment Income................................. 4,104,000

Growth Rate (DPW)....................................-0.20 Growth Rate (NPW)....................................-7.32 % of Market (NPW)..................................... 0.27 Earned Loss Ratio..................................... 69.07 Total Expense Ratio.................................. 42.36 Combined Loss & Exp. Ratio.................. 111.43 Return on Equity........................................-7.39

Underwriting Result

2016: -$11,421,000 2015: -$4,083,000 2014: -$6,469,000 2013: -$9,667,000 2012: -$3,012,000

Pembridge Insurance Company

B-US

Ryan Michel, Chief Executive Officer 27 Allstate Parkway, Suite 100 (905) 477-6900 Fax: (905) 475-4991 www.pembridge.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 56,600,000 54,976,000 31,584,000 57.50 Prop. - Commercial................. 0 0 88,000 0.00 Prop. - Total............................ 56,600,000 54,976,000 31,672,000 57.60 Auto. - Liability........................ 103,886,000 100,383,000 56,550,000 56.30 Auto. - Pers. Acc..................... 44,613,000 46,430,000 52,821,000 113.80 Auto. - Other............................ 45,082,000 41,935,000 30,786,000 73.40 Auto. - Total............................. 193,581,000 188,748,000 140,157,000 74.30 Accident & Sickness................ 0 0 5,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 250,181,000 243,724,000 171,834,000 70.50 Total 2015................................ 240,419,000 236,149,000 170,845,000 72.35 Total 2014................................ 231,529,000 222,094,000 159,174,000 71.67 Total 2013................................ 211,009,000 194,882,000 133,309,000 68.40 Total 2012................................ 179,190,000 167,044,000 105,341,000 63.06

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 250,865,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................... 684,000 Net Premiums Written........................ 250,181,000 Net Premiums Earned........................ 243,724,000 Net Claims & Adj Exp......................... 171,834,000 Commissions........................................ 40,865,000 Taxes...................................................... 7,979,000 General Expenses................................ 25,031,000 Undwrwtg. Profit/Loss........................... 3,228,000 Investment Income............................... 11,100,000

Growth Rate (DPW)..................................... 4.03 Growth Rate (NPW)..................................... 4.06 % of Market (NPW)..................................... 0.54 Earned Loss Ratio..................................... 70.50 Total Expense Ratio.................................. 30.31 Combined Loss & Exp. Ratio.................. 100.81 Return on Equity......................................... 7.06

Underwriting Result

2016: +$3,228,000 2015: -$2,745,000 2014: -$3,826,000 2013: +$2,235,000 2012: +$10,056,000

2017 STATISTICAL GUIDE

127

The Personal General Insurance Inc.

D-CA

Denis Dubois, President and Chief Operating Officer 6300, boul. Guillaume-Couture CP 3500 (418) 835-4850 Fax: 418-835-5599 www.lapersonnelle.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 146,497,000 125,173,000 72,825,000 58.20 Prop. - Commercial................. 0 -20,000 0 0.00 Prop. - Total............................ 146,497,000 125,153,000 72,825,000 58.20 Auto. - Liability........................ 91,311,000 107,556,000 73,709,000 68.50 Auto. - Pers. Acc..................... 18,999,000 36,420,000 43,858,000 120.40 Auto. - Other............................ 78,699,000 74,367,000 69,083,000 92.90 Auto. - Total............................. 189,009,000 218,343,000 186,650,000 85.50 Liability.................................... 0 0 3,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 335,506,000 343,496,000 259,478,000 75.54 Total 2015................................ 333,887,000 317,258,000 234,947,000 74.06 Total 2014................................ 310,206,000 289,569,000 209,033,000 72.19 Total 2013................................ 274,757,000 266,706,000 186,280,000 69.84 Total 2012................................ 263,514,000 255,944,000 183,023,000 71.51

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 373,506,000 Reinsurance Assumed....................... 146,633,000 Reinsurance Ceded............................ 184,633,000 Net Premiums Written........................ 335,506,000 Net Premiums Earned........................ 343,496,000 Net Claims & Adj Exp......................... 259,478,000 Commissions.......................................... 8,297,000 Taxes.................................................... 12,472,000 General Expenses................................ 75,753,000 Undwrwtg. Profit/Loss........................-13,094,000 Investment Income............................... 15,365,000

Growth Rate (DPW)..................................... 7.39 Growth Rate (NPW)..................................... 0.48 % of Market (NPW)..................................... 0.73 Earned Loss Ratio..................................... 75.54 Total Expense Ratio.................................. 28.10 Combined Loss & Exp. Ratio.................. 103.64 Return on Equity......................................... 1.58

Underwriting Result

2016: -$13,094,000 2015: -$2,773,000 2014: +$1,574,000 2013: -$31,000 2012: -$2,295,000

The Personal Insurance Company

D-CA

Denis Dubois, President and Chief Operating Officer 6300, boul. Guillaume-Couture C.P. 3500 (418) 835-4850 Fax: (418) 835-5599 www.thepersonal.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 264,524,000 282,871,000 165,008,000 58.30 Prop. - Commercial................. 1,860,000 2,163,000 14,039,000 649.10 Prop. - Total............................ 266,384,000 285,034,000 179,047,000 62.80 Auto. - Liability........................ 272,900,000 242,355,000 141,228,000 58.30 Auto. - Pers. Acc..................... 109,013,000 82,068,000 76,673,000 93.40 Auto. - Other............................ 166,583,000 167,577,000 156,294,000 93.30 Auto. - Total............................. 548,496,000 492,000,000 374,195,000 76.10 Fidelity..................................... 39,000 39,000 9,000 23.10 Liability.................................... 464,000 473,000 164,000 34.70 ——————— ——————— ——————— ————— Total 2016............................... 815,383,000 777,546,000 553,415,000 71.17 Total 2015................................ 747,938,000 715,783,000 473,262,000 66.12 Total 2014................................ 690,879,000 663,504,000 460,851,000 69.46 Total 2013................................ 628,627,000 595,505,000 368,702,000 61.91 Total 2012................................ 563,670,000 535,918,000 356,259,000 66.48

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 816,485,000 Reinsurance Assumed....................... 262,989,000 Reinsurance Ceded............................ 264,091,000 Net Premiums Written........................ 815,383,000 Net Premiums Earned........................ 777,546,000 Net Claims & Adj Exp......................... 553,415,000 Commissions...................................... 109,302,000 Taxes.................................................... 25,865,000 General Expenses................................ 70,909,000 Undwrwtg. Profit/Loss......................... 18,522,000 Investment Income............................... 38,701,000

Underwriting Result

Growth Rate (DPW)..................................... 7.18 Growth Rate (NPW)..................................... 9.02 % of Market (NPW)..................................... 1.77 Earned Loss Ratio..................................... 71.17 Total Expense Ratio.................................. 26.50 Combined Loss & Exp. Ratio.................... 97.67 Return on Equity....................................... 13.02

2016: +$18,522,000 2015: +$40,542,000 2013: +$65,198,000 2012: +$38,546,000

Perth Insurance Company

2014: +$19,932,000

B-CA Rowan Saunders, President and Chief Executive Officer 111 Westmount Rd. South, PO Box 2000 (519) 570-8500 Fax: (519) 570-8389 www.economical.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 14,386,000 14,210,000 8,766,000 61.70 Prop. - Commercial................. 12,135,000 12,081,000 8,729,000 72.30 Prop. - Total............................ 26,521,000 26,291,000 17,495,000 66.50 Aircraft..................................... 0 -3,000 0 0.00 Auto. - Liability........................ 21,803,000 20,945,000 16,229,000 77.50 Auto. - Pers. Acc..................... 9,670,000 9,132,000 6,459,000 70.70 Auto. - Other............................ 16,437,000 15,779,000 11,897,000 75.40 Auto. - Total............................. 47,910,000 45,856,000 34,585,000 75.40 Fidelity..................................... 88,000 88,000 14,000 15.90 Liability.................................... 6,069,000 6,131,000 3,757,000 61.30 Surety...................................... 59,000 64,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 80,647,000 78,427,000 55,851,000 71.21 Total 2015................................ 77,615,000 76,424,000 49,044,000 64.17 Total 2014................................ 75,307,000 74,003,000 52,025,000 70.30 Total 2013................................ 72,331,000 70,951,000 47,325,000 66.70 Total 2012................................ 69,125,000 66,814,000 40,843,000 61.13

128

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 105,268,000 Reinsurance Assumed......................... 76,453,000 Reinsurance Ceded............................ 101,074,000 Net Premiums Written.......................... 80,647,000 Net Premiums Earned.......................... 78,427,000 Net Claims & Adj Exp........................... 55,851,000 Commissions........................................ 14,895,000 Taxes...................................................... 2,781,000 General Expenses................................ 12,515,000 Undwrwtg. Profit/Loss..........................-6,610,000 Investment Income................................. 5,869,000

Underwriting Result

Growth Rate (DPW)....................................-2.94 Growth Rate (NPW)..................................... 3.91 % of Market (NPW)..................................... 0.18 Earned Loss Ratio..................................... 71.21 Total Expense Ratio.................................. 38.50 Combined Loss & Exp. Ratio.................. 109.71 Return on Equity......................................... 0.07

2016: -$6,610,000 2015: +$1,898,000 2014: -$2,182,000 2013: +$245,000 2012: +$2,807,000

Petline Insurance Company

D-CA Rowan Saunders, President & Chief Operating Officer 300-600 Empress St. (204) 942-2999 Fax: (204) 943-8187 www.petlineinsurance.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 54,281,000 54,113,000 33,578,000 62.10 Prop. - Total............................ 54,281,000 54,113,000 33,578,000 62.10 ——————— ——————— ——————— ————— Total 2016............................... 54,281,000 54,113,000 33,578,000 62.05 Total 2015................................ 51,293,000 51,174,000 30,060,000 58.74 Total 2014................................ 48,979,000 48,864,000 27,695,000 56.68 Total 2013................................ 46,008,000 45,833,000 25,922,000 56.56 Total 2012................................ 41,747,000 41,334,000 22,480,000 54.39

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 54,281,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................................. 0 Net Premiums Written.......................... 54,281,000 Net Premiums Earned.......................... 54,113,000 Net Claims & Adj Exp........................... 33,578,000 Commissions.......................................... 1,424,000 Taxes...................................................... 3,040,000 General Expenses................................ 14,591,000 Undwrwtg. Profit/Loss........................... 2,736,000 Investment Income.................................... 834,000

Growth Rate (DPW)..................................... 5.83 Growth Rate (NPW)..................................... 5.83 % of Market (NPW)..................................... 0.12 Earned Loss Ratio..................................... 62.05 Total Expense Ratio.................................. 35.21 Combined Loss & Exp. Ratio.................... 97.26 Return on Equity....................................... 15.19

Underwriting Result

2016: +$2,736,000 2015: +$4,115,000 2014: +$2,560,000 2013: +$2,062,000 2012: +$2,436,000

Pilot Insurance Company

B-EU C. Wesley M. Scott, Chairman 2206 Eglinton Avenue East (416) 288-1800 Fax: (416) 288-9756 www.avivacanada.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 30,516,000 29,967,000 17,978,000 60.00 Prop. - Commercial................. 17,631,000 17,853,000 11,897,000 66.60 Prop. - Total............................ 48,147,000 47,820,000 29,875,000 62.50 Auto. - Liability........................ 32,750,000 32,229,000 18,391,000 57.10 Auto. - Pers. Acc..................... 13,889,000 13,977,000 10,325,000 73.90 Auto. - Other............................ 22,859,000 22,686,000 17,807,000 78.50 Auto. - Total............................. 69,498,000 68,892,000 46,523,000 67.50 Boiler/Machinery excld............ 1,405,000 1,366,000 441,000 32.30 Fidelity..................................... 28,000 29,000 8,000 27.60 Liability.................................... 11,099,000 11,161,000 4,472,000 40.10 Surety...................................... 2,972,000 2,740,000 288,000 10.50 Marine...................................... 1,548,000 1,501,000 839,000 55.90 Accident & Sickness................ 27,000 26,000 14,000 53.80 ——————— ——————— ——————— ————— Total 2016............................... 134,724,000 133,535,000 82,460,000 61.75 Total 2015................................ 132,151,000 131,102,000 84,798,000 64.68 Total 2014................................ 130,681,000 127,024,000 85,988,000 67.69 Total 2013................................ 91,328,000 19,964,000 -9,301,000 -46.59 Total 2012................................ -6,489,000 27,898,000 -2,613,000 -9.37

2016 Underwriting Performance Summary %

Direct Premiums Written........................... 390,000 Reinsurance Assumed....................... 134,393,000 Reinsurance Ceded..................................... 59,000 Net Premiums Written........................ 134,724,000 Net Premiums Earned........................ 133,535,000 Net Claims & Adj Exp........................... 82,460,000 Commissions........................................ 24,085,000 Taxes...................................................... 5,122,000 General Expenses................................ 14,679,000 Undwrwtg. Profit/Loss........................... 7,189,000 Investment Income................................-1,020,000

Growth Rate (DPW)..................................-42.82 Growth Rate (NPW)..................................... 1.95 % of Market (NPW)..................................... 0.29 Earned Loss Ratio..................................... 61.75 Total Expense Ratio.................................. 32.86 Combined Loss & Exp. Ratio.................... 94.61 Return on Equity....................................... 11.90

Underwriting Result

2016: +$7,189,000 2015: +$5,005,000 2014: +$1,798,000 2013: +$23,294,000 2012: +$21,898,000

The Portage la Prairie Mutual Insurance Company B-CA John G. Mitchell, President & Chief Executive Officer 749 Saskatchewan Ave. East, PO Box 340 (204) 857-3415 Fax: (204) 239-6655 www.portagemutual.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 85,200,000 86,476,000 51,380,000 59.40 Prop. - Commercial................. 8,567,000 8,428,000 2,519,000 29.90 Prop. - Total............................ 93,767,000 94,904,000 53,899,000 56.80 Auto. - Liability........................ 33,350,000 35,237,000 21,868,000 62.10 Auto. - Pers. Acc..................... 12,041,000 13,147,000 12,212,000 92.90 Auto. - Other............................ 24,585,000 25,962,000 18,606,000 71.70 Auto. - Total............................. 69,976,000 74,346,000 52,686,000 70.90 Liability.................................... 6,833,000 6,994,000 3,087,000 44.10 ——————— ——————— ——————— ————— Total 2016............................... 170,576,000 176,244,000 109,672,000 62.23 Total 2015................................ 178,790,000 184,642,000 117,142,000 63.44 Total 2014................................ 190,934,000 193,621,000 147,875,000 76.37 Total 2013................................ 194,516,000 189,206,000 141,320,000 74.69 Total 2012................................ 187,023,000 184,523,000 126,088,000 68.33

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 193,998,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 23,422,000 Net Premiums Written........................ 170,576,000 Net Premiums Earned........................ 176,244,000 Net Claims & Adj Exp......................... 109,672,000 Commissions........................................ 32,710,000 Taxes...................................................... 7,346,000 General Expenses................................ 26,640,000 Undwrwtg. Profit/Loss........................... 3,010,000 Investment Income............................... 17,284,000

Growth Rate (DPW)....................................-3.98 Growth Rate (NPW)....................................-4.59 % of Market (NPW)..................................... 0.37 Earned Loss Ratio..................................... 62.23 Total Expense Ratio.................................. 37.84 Combined Loss & Exp. Ratio.................. 100.07 Return on Equity....................................... 11.62

Underwriting Result

2016: +$3,010,000 2015: +$762,000 2014: -$28,623,000 2013: -$19,664,000 2012: -$5,728,000 * Last years Combined Loss & Exp. Ratio and Total Expense Ratio was reported incorrectly

2017 STATISTICAL GUIDE

129

Poultry Insurance Exchange Reciprocal of Canada

David Bethune, General Manager Fiddlers Green, PO Box 81240 (519) 204-3334

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 2,494,000 2,494,000 200,000 8.00 Prop. - Total............................ 2,494,000 2,494,000 200,000 8.00 ——————— ——————— ——————— ————— Total 2016............................... 2,494,000 2,494,000 200,000 8.02 Total 2015................................ 2,315,000 2,315,000 46,000 1.99 Total 2014................................ 2,104,000 2,104,000 56,000 2.66 Total 2013................................ 1,595,000 1,595,000 109,000 6.83 Total 2012................................ 440,000 440,000 259,000 58.86

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 3,159,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................... 665,000 Net Premiums Written............................ 2,494,000 Net Premiums Earned............................ 2,494,000 Net Claims & Adj Exp................................ 200,000 Commissions........................................................ 0 Taxes......................................................... 117,000 General Expenses..................................... 193,000 Undwrwtg. Profit/Loss........................... 1,984,000 Investment Income.................................... 260,000

Growth Rate (DPW)..................................... 5.30 Growth Rate (NPW)..................................... 7.73 % of Market (NPW)..................................... 0.01 Earned Loss Ratio....................................... 8.02 Total Expense Ratio.................................. 12.43 Combined Loss & Exp. Ratio.................... 20.45 Return on Equity....................................... 28.33

Underwriting Result

2016: +$1,984,000 2015: +$1,953,000 2014: +$1,739,000 2013: +$1,164,000 2012: -$105,000

Primmum Insurance Company

D-CA

Kenneth W. Lalonde, President and Chief Executive Officer, Vice Chairman of the Board 320 Front Street West, 3rd Floor (514) 384-1112 Fax: (514) 385-2162 www.primmum.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 180,303,000 180,128,000 94,875,000 52.70 Prop. - Total............................ 180,303,000 180,128,000 94,875,000 52.70 Auto. - Liability........................ 216,709,000 216,775,000 153,929,000 71.00 Auto. - Pers. Acc..................... 71,186,000 74,737,000 92,178,000 123.30 Auto. - Other............................ 96,626,000 99,253,000 87,581,000 88.20 Auto. - Total............................. 384,521,000 390,765,000 333,688,000 85.40 Liability.................................... 3,023,000 3,023,000 1,837,000 60.80 ——————— ——————— ——————— ————— Total 2016............................... 567,847,000 573,916,000 430,400,000 74.99 Total 2015................................ 608,978,000 614,014,000 473,806,000 77.17 Total 2014................................ 611,136,000 595,988,000 504,410,000 84.63 Total 2013................................ 590,326,000 562,495,000 535,568,000 95.21 Total 2012................................ 538,604,000 512,282,000 416,070,000 81.22

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 590,999,000 Reinsurance Assumed....................... 462,226,000 Reinsurance Ceded............................ 485,378,000 Net Premiums Written........................ 567,847,000 Net Premiums Earned........................ 573,916,000 Net Claims & Adj Exp......................... 430,400,000 Commissions........................................ 84,679,000 Taxes.................................................... 23,981,000 General Expenses................................ 64,266,000 Undwrwtg. Profit/Loss........................-29,410,000 Investment Income............................... 34,334,000

Growth Rate (DPW)....................................-5.63 Growth Rate (NPW)....................................-6.75 % of Market (NPW)..................................... 1.24 Earned Loss Ratio..................................... 74.99 Total Expense Ratio.................................. 30.13 Combined Loss & Exp. Ratio.................. 105.12 Return on Equity......................................... 1.34

Underwriting Result

2016: -$29,410,000 2015: -$35,316,000 2014: -$57,130,000 2013: -$112,851,000 2012: -$21,168,000

Prince Edward Island Mutual Insurance Co.

D-CA

Terrence (Terry) Shea, CEO 116 Walker Avenue 902-436-2185 Fax: 902-436-0148 www.peimutual.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 10,907,000 10,144,000 6,047,000 59.60 Prop. - Commercial................. 7,532,000 7,162,000 2,812,000 39.30 Prop. - Total............................ 18,439,000 17,306,000 8,859,000 51.20 Legal Expense......................... 0 0 34,000 0.00 Liability.................................... 2,428,000 2,441,000 948,000 38.80 ——————— ——————— ——————— ————— Total 2016............................... 20,867,000 19,747,000 9,841,000 49.84 Total 2015................................ 19,198,000 18,409,000 13,579,000 73.76 Total 2014................................ 17,795,000 17,021,000 12,872,000 75.62 Total 2013................................ 16,306,000 16,198,000 12,468,000 76.97 Total 2012................................ 15,621,000 14,952,000 8,869,000 59.32

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 22,765,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 1,898,000 Net Premiums Written.......................... 20,867,000 Net Premiums Earned.......................... 19,747,000 Net Claims & Adj Exp............................. 9,841,000 Commissions.......................................... 2,163,000 Taxes......................................................... 228,000 General Expenses.................................. 4,159,000 Undwrwtg. Profit/Loss........................... 3,356,000 Investment Income................................. 3,118,000

Underwriting Result

Growth Rate (DPW)..................................... 8.33 Growth Rate (NPW)..................................... 8.69 % of Market (NPW)..................................... 0.05 Earned Loss Ratio..................................... 49.84 Total Expense Ratio.................................. 33.17 Combined Loss & Exp. Ratio.................... 83.01 Return on Equity....................................... 10.87

2016: +$3,356,000 2015: -$1,538,000 2014: -$1,880,000 2013: -$2,039,000 2012: +$608,000

130

Canadian Underwriter

Promutuel Réassurance

R-CA Omer Bouchard, Chairman 2000, boulevard Lebourgneuf, bureau 400 (418) 840-1313 Fax: (418) 840-9900 www.promutuelassurance.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 83,833,000 80,293,000 42,961,000 53.50 Prop. - Commercial................. 69,248,000 67,202,000 43,108,000 64.10 Prop. - Total............................ 153,081,000 147,495,000 86,069,000 58.40 Auto. - Liability........................ 12,117,000 11,751,000 6,577,000 56.00 Auto. - Pers. Acc..................... 878,000 825,000 164,000 19.90 Auto. - Other............................ 20,394,000 19,702,000 12,881,000 65.40 Auto. - Total............................. 33,389,000 32,278,000 19,622,000 60.80 Liability.................................... 6,369,000 6,269,000 6,671,000 106.40 Surety...................................... 217,000 257,000 8,000 3.10 Marine...................................... 1,648,000 829,000 1,027,000 123.90 ——————— ——————— ——————— ————— Total 2016............................... 194,704,000 187,128,000 113,397,000 60.60 Total 2015................................ 167,745,000 161,624,000 102,899,000 63.67 Total 2014................................ 156,209,000 147,579,000 101,089,000 68.50 Total 2013................................ 132,747,000 126,776,000 79,839,000 62.98 Total 2012................................ 126,102,000 118,973,000 80,811,000 67.92

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 19,823,000 Reinsurance Assumed....................... 200,620,000 Reinsurance Ceded.............................. 25,739,000 Net Premiums Written........................ 194,704,000 Net Premiums Earned........................ 187,128,000 Net Claims & Adj Exp......................... 113,397,000 Commissions........................................ 47,334,000 Taxes......................................................... 650,000 General Expenses................................ 14,103,000 Undwrwtg. Profit/Loss......................... 11,644,000 Investment Income............................... 10,864,000

Growth Rate (DPW).............................. 3,092.11 Growth Rate (NPW)................................... 16.07 % of Market (NPW)..................................... 0.42 Earned Loss Ratio..................................... 60.60 Total Expense Ratio.................................. 33.18 Combined Loss & Exp. Ratio.................... 93.78 Return on Equity....................................... 14.20

Underwriting Result

2016: +$11,644,000 2015: +$5,362,000 2014: 2013: -$3,409,000 2012: -$993,000

Protective Insurance Company

-$141,000

D-US

Philip H. Cook, Chief Agent 34 King Street East, Suite 1200 www.protectiveinsurance.com/about

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Auto. - Liability........................ 1,071,000 1,072,000 1,327,000 123.80 Auto. - Other............................ 432,000 432,000 841,000 194.70 Auto. - Total............................. 1,503,000 1,504,000 2,168,000 144.10 ——————— ——————— ——————— ————— Total 2016............................... 1,503,000 1,504,000 2,168,000 144.15 Total 2015................................ 1,082,000 1,082,000 2,343,000 216.54 Total 2014................................ 1,771,000 1,765,000 6,673,000 378.07 Total 2013................................ 1,818,000 1,819,000 2,534,000 139.31 Total 2012................................ 1,244,000 1,245,000 591,000 47.47

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 2,626,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 1,123,000 Net Premiums Written............................ 1,503,000 Net Premiums Earned............................ 1,504,000 Net Claims & Adj Exp............................. 2,168,000 Commissions............................................. 208,000 Taxes........................................................... 38,000 General Expenses..................................... 252,000 Undwrwtg. Profit/Loss..........................-1,162,000 Investment Income.................................... 176,000

Growth Rate( DPW)................................... 19.91 Growth Rate (NPW)................................... 38.91 % of Market (NPW)............................................ Earned Loss Ratio................................... 144.15 Total Expense Ratio.................................. 33.11 Combined Loss & Exp. Ratio.................. 177.26 Return on Equity........................................-5.95

Underwriting Result

2016: -$1,162,000 2015: -$1,820,000 2014: -$5,533,000 2013: -$1,285,000 2012: +$184,000

Prysm General Insurance Inc.

B-CA

Michel Laurin, President 230-925 Grande Allée O (418) 650-4601 www.prysmassurances.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Personal...................... 5,997,000 2,920,000 1,993,000 68.30 Direct Premiums Written...................... 21,940,000 Growth Rate (DPW).............................. 3,404.79 Prop. - Total............................ 5,997,000 2,920,000 1,993,000 68.30 Reinsurance Assumed........................................... Growth Rate (NPW).............................. 3,362.88 Auto. - Liability........................ 6,490,000 3,077,000 2,548,000 82.80 Reinsurance Ceded................................... 297,000 % of Market (NPW)..................................... 0.05 Auto. - Pers. Acc..................... 226,000 107,000 Net Premiums Written.......................... 21,643,000 Earned Loss Ratio..................................... 92.77 Auto. - Other............................ 8,928,000 4,431,000 5,234,000 118.10 Net Premiums Earned.......................... 10,537,000 Total Expense Ratio................................ 103.70 Auto. - Total............................. 15,644,000 7,615,000 7,782,000 102.20 Net Claims & Adj Exp............................. 9,775,000 Combined Loss & Exp. Ratio.................. 196.47 Legal Expense......................... 2,000 2,000 Return on Equity......................................-78.16 ——————— ——————— ——————— ————— Commissions............................................. 404,000 Taxes......................................................... 377,000 Total 2016............................... 21,643,000 10,537,000 9,775,000 92.77 General Expenses................................ 10,146,000 Total 2015................................ 625,000 42,000 51,000 121.43 Total 2014................................ Undwrwtg. Profit/Loss........................-10,165,000 Total 2013................................ Investment Income.................................... 102,000 Total 2012................................ Underwriting Result

2016: -$10,165,000 2015: -$2,580,000 2014: 2013: 2012:

2017 STATISTICAL GUIDE

131

Quebec Assurance Company

B-EU

John Asher, Senior Vice President & Chief Financial Officer 2475 Laurier Blvd. (418) 622-2040 Fax: (418) 622-0400 www.rsagroup.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 7,013,000 7,015,000 3,844,000 54.80 Prop. - Commercial................. 10,621,000 10,544,000 9,537,000 90.40 Prop. - Total............................ 17,634,000 17,559,000 13,381,000 76.20 Aircraft..................................... -1,000 -1,000 -7,000 700.00 Auto. - Liability........................ 8,298,000 7,951,000 4,619,000 58.10 Auto. - Pers. Acc..................... 2,333,000 2,340,000 3,579,000 152.90 Auto. - Other............................ 6,142,000 6,093,000 4,046,000 66.40 Auto. - Total............................. 16,773,000 16,384,000 12,244,000 74.70 Boiler/Machinery excld............ 1,501,000 1,594,000 711,000 44.60 Fidelity..................................... 63,000 64,000 57,000 89.10 Liability.................................... 5,233,000 5,320,000 3,211,000 60.40 Surety...................................... 78,000 74,000 11,000 14.90 Marine...................................... 1,056,000 1,096,000 538,000 49.10 Accident & Sickness................ 3,319,000 3,264,000 1,944,000 59.60 ——————— ——————— ——————— ————— Total 2016............................... 45,656,000 45,354,000 32,090,000 70.75 Total 2015................................ 45,199,000 46,025,000 28,907,000 62.81 Total 2014................................ 47,770,000 48,764,000 28,599,000 58.65 Total 2013................................ 41,612,000 40,585,000 28,507,000 70.24 Total 2012................................ 40,188,000 39,457,000 22,092,000 55.99

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................... 45,656,000 Reinsurance Ceded.............................................. 0 Net Premiums Written.......................... 45,656,000 Net Premiums Earned.......................... 45,354,000 Net Claims & Adj Exp........................... 32,090,000 Commissions.......................................... 8,387,000 Taxes...................................................... 1,654,000 General Expenses.................................. 5,391,000 Undwrwtg. Profit/Loss..........................-2,168,000 Investment Income................................. 2,537,000

Growth Rate (DPW)............................................ Growth Rate (NPW)..................................... 1.01 % of Market (NPW)....................................... 0.1 Earned Loss Ratio..................................... 70.75 Total Expense Ratio.................................. 34.03 Combined Loss & Exp. Ratio.................. 104.78 Return on Equity........................................-3.10

Underwriting Result

2016: -$2,168,000 2015: +$288,000 2014: +$2,719,000 2013: -$2,496,000 2012: +$3,375,000

RBC Insurance Company of Canada

D-CA

Rino D’Onofrio, President & Chief Executive Officer 6880 Financial Drive (905) 816-2400 Fax: (905) 816-2457 www.rbcinsurance.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 10,247,000 9,676,000 13,006,000 134.40 Prop. - Total............................ 10,247,000 9,676,000 13,006,000 134.40 Auto. - Liability........................ -304,000 -158,000 -30,729,000 19,448.70 Auto. - Pers. Acc..................... -268,000 -151,000 10,493,000 -6,949.00 Auto. - Other............................ -176,000 -98,000 -1,133,000 1,156.10 Auto. - Total............................. -748,000 -407,000 -21,369,000 5,250.40 Accident & Sickness................ 99,200,000 99,548,000 61,166,000 61.40 ——————— ——————— ——————— ————— Total 2016............................... 108,699,000 108,817,000 52,803,000 48.52 Total 2015................................ 112,680,000 112,720,000 46,833,000 41.55 Total 2014................................ 111,544,000 187,201,000 95,443,000 50.98 Total 2013................................ 336,705,000 376,334,000 206,343,000 54.83 Total 2012................................ 400,871,000 397,408,000 217,484,000 54.73

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 112,588,000 Reinsurance Assumed........................... 1,239,000 Reinsurance Ceded................................ 5,128,000 Net Premiums Written........................ 108,699,000 Net Premiums Earned........................ 108,817,000 Net Claims & Adj Exp........................... 52,803,000 Commissions.......................................... 9,723,000 Taxes...................................................... 2,729,000 General Expenses................................ 42,357,000 Undwrwtg. Profit/Loss........................... 1,205,000 Investment Income................................. 2,174,000

Growth Rate (DPW)..................................-16.18 Growth Rate (NPW)....................................-3.53 % of Market (NPW)..................................... 0.24 Earned Loss Ratio..................................... 48.52 Total Expense Ratio.................................. 50.37 Combined Loss & Exp. Ratio.................... 98.89 Return on Equity......................................... 8.66

Underwriting Result

2016: +$1,205,000 2015: +$9,008,000 2013: +$19,720,000 2012: +$715,000

2014: +$24,189,000

Red River Valley Mutual Ins. Company

B-CA

Brian Esau, President and CEO 245 Centre Avenue East, Box 940 (204) 324-6434 Fax: (204) 324-1316 www.redrivermutual.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 53,668,000 52,073,000 24,464,000 47.00 Prop. - Commercial................. 26,174,000 24,770,000 13,525,000 54.60 Prop. - Total............................ 79,842,000 76,843,000 37,989,000 49.40 Liability.................................... 5,961,000 5,595,000 2,299,000 41.10 ——————— ——————— ——————— ————— Total 2016............................... 85,803,000 82,438,000 40,288,000 48.87 Total 2015................................ 81,091,000 77,234,000 45,914,000 59.45 Total 2014................................ 74,915,000 71,307,000 41,927,000 58.80 Total 2013................................ 68,698,000 66,524,000 42,507,000 63.90 Total 2012................................ 65,394,000 64,550,000 36,246,000 56.15

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 99,509,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 13,706,000 Net Premiums Written.......................... 85,803,000 Net Premiums Earned.......................... 82,438,000 Net Claims & Adj Exp........................... 40,288,000 Commissions........................................ 20,428,000 Taxes...................................................... 4,037,000 General Expenses.................................. 9,742,000 Undwrwtg. Profit/Loss........................... 9,246,000 Investment Income................................. 3,879,000

Underwriting Result

Growth Rate (DPW)..................................... 8.31 Growth Rate (NPW)..................................... 5.81 % of Market (NPW)..................................... 0.19 Earned Loss Ratio..................................... 48.87 Total Expense Ratio.................................. 41.49 Combined Loss & Exp. Ratio.................... 90.36 Return on Equity....................................... 14.78

2016: +$9,246,000 2015: +$76,000 2014: -$560,000 2013: -$3,220,000 2012: +$1,846,000

132

Canadian Underwriter

Claims Canada Magazine is the only national claims publication COVERING the Canadian market

Reaching More Than 9,000 Insurance Claims Professionals from Coast to Coast!

For advertising space information, please contact: Ian Portsmouth, Managing Director: ian@newcom.ca

www.claimscanada.ca

Royal & Sun Alliance Insurance B-EU Company of Canada John Asher, Senior Vice President & Chief Financial Officer 18 York Street, Suite 800 416-366-7511 Fax: 416-367-9869 www.rsagroup.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 191,703,000 197,197,000 105,058,000 53.30 Prop. - Commercial................. 290,303,000 289,386,000 260,694,000 90.10 Prop. - Total............................ 482,006,000 486,583,000 365,752,000 75.20 Aircraft..................................... -25,000 -25,000 -198,000 792.00 Auto. - Liability........................ 226,816,000 217,334,000 126,246,000 58.10 Auto. - Pers. Acc..................... 63,753,000 63,958,000 97,830,000 153.00 Auto. - Other............................ 167,865,000 166,494,000 110,576,000 66.40 Auto. - Total............................. 458,434,000 447,786,000 334,652,000 74.70 Boiler/Machinery excld............ 41,020,000 36,901,000 19,444,000 52.70 Fidelity..................................... 1,727,000 1,755,000 1,569,000 89.40 Liability.................................... 143,045,000 145,437,000 87,778,000 60.40 Surety...................................... 2,119,000 2,018,000 294,000 14.60 Marine...................................... 28,868,000 29,960,000 14,710,000 49.10 Accident & Sickness................ 90,728,000 89,247,000 53,143,000 59.50 ——————— ——————— ——————— ————— Total 2016............................... 1,247,922,000 1,239,662,000 877,144,000 70.76 Total 2015................................ 1,235,434,000 1,258,018,000 790,119,000 62.81 Total 2014................................ 1,305,710,000 1,332,882,000 781,720,000 58.65 Total 2013................................ 1,136,712,000 1,108,619,000 779,185,000 70.28 Total 2012................................ 1,098,467,000 1,078,479,000 603,849,000 55.99

2016 Underwriting Performance Summary %

Direct Premiums Written................. 1,518,183,000 Reinsurance Assumed....................... 230,850,000 Reinsurance Ceded............................ 501,111,000 Net Premiums Written..................... 1,247,922,000 Net Premiums Earned..................... 1,239,662,000 Net Claims & Adj Exp......................... 877,144,000 Commissions...................................... 229,239,000 Taxes.................................................... 45,199,000 General Expenses.............................. 147,329,000 Undwrwtg. Profit/Loss........................-59,249,000 Investment Income............................... 70,809,000

Growth Rate (DPW)..................................... 0.38 Growth Rate (NPW)..................................... 1.01 % of Market (NPW)..................................... 2.72 Earned Loss Ratio..................................... 70.76 Total Expense Ratio.................................. 34.02 Combined Loss & Exp. Ratio.................. 104.78 Return on Equity........................................-2.68

Underwriting Result

2016: -$59,249,000 2015: +$7,875,000 2013: -$69,088,000 2012: +$91,955,000

2014: +$74,326,000

RSA Canada Group

ASCENTUS INSURANCE LTD. CANADIAN NORTHERN SHIELD INSURANCE COMPANY QUEBEC ASSURANCE COMPANY ROYAL & SUN ALLIANCE INSURANCE COMPANY OF CANADA UNIFUND ASSURANCE COMPANY WESTERN ASSURANCE COMPANY Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 667,469,000 680,551,000 345,156,000 50.70 Prop. - Commercial................. 366,636,000 365,980,000 323,029,000 88.30 Prop. - Total............................ 1,034,105,000 1,046,531,000 668,185,000 63.80 Aircraft..................................... -31,000 -31,000 -241,000 777.40 Auto. - Liability........................ 581,215,000 577,559,000 322,034,000 55.80 Auto. - Pers. Acc..................... 198,183,000 202,808,000 209,868,000 103.50 Auto. - Other............................ 385,665,000 391,867,000 279,189,000 71.20 Auto. - Total............................. 1,165,063,000 1,172,234,000 811,091,000 69.20 Boiler/Machinery excld............ 50,627,000 47,066,000 23,733,000 50.40 Fidelity..................................... 2,132,000 2,168,000 1,937,000 89.30 Liability.................................... 182,852,000 185,775,000 112,407,000 60.50 Surety...................................... 2,590,000 2,475,000 387,000 15.60 Marine...................................... 35,207,000 36,577,000 17,943,000 49.10 Accident & Sickness................ 110,643,000 108,838,000 64,810,000 59.50 ——————— ——————— ——————— ————— Total 2016............................... 2,583,188,000 2,601,633,000 1,700,252,000 65.35 Total 2015................................ 2,650,905,000 2,703,528,000 1,672,832,000 61.88 Total 2014................................ 2,765,167,000 2,795,072,000 1,892,671,000 67.71 Total 2013................................ 2,790,693,000 2,734,387,000 1,960,058,000 71.68 Total 2012................................ 2,507,328,000 2,466,612,000 1,677,070,000 67.99

M. Thompson, President and CEO 10 Wellington St. East 416-366-7511 Fax: 416-367-9869 www.rsagroup.ca

2016 Underwriting Performance Summary %

Direct Premiums Written................. 2,786,709,000 Reinsurance Assumed......................... 23,747,000 Reinsurance Ceded............................ 227,268,000 Net Premiums Written..................... 2,583,188,000 Net Premiums Earned..................... 2,601,633,000 Net Claims & Adj Exp...................... 1,700,252,000 Commissions...................................... 341,691,000 Taxes.................................................... 98,338,000 General Expenses.............................. 361,127,000 Undwrwtg. Profit/Loss....................... 100,225,000 Investment Income............................. 121,682,000

Growth Rate (DPW)....................................-2.52 Growth Rate (NPW)....................................-2.55 % of Market (NPW)..................................... 5.62 Earned Loss Ratio..................................... 65.35 Total Expense Ratio.................................. 30.79 Combined Loss & Exp. Ratio.................... 96.14 Return on Equity......................................... 5.17

Underwriting Result

2016: +$100,225,000 2015: +$177,844,000 2013: -$33,015,000 2012: +$76,173,000

S&Y Insurance Company

2014: +$54,354,000

D-EU C. Wesley M. Scott, Chairman 2206 Eglinton Avenue East (416) 288-1800 Fax: (416) 288-9756 www.avivacanada.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 11,768,000 11,556,000 6,932,000 60.00 Prop. - Commercial................. 6,799,000 6,885,000 4,588,000 66.60 Prop. - Total............................ 18,567,000 18,441,000 11,520,000 62.50 Auto. - Liability........................ 12,631,000 12,431,000 7,091,000 57.00 Auto. - Pers. Acc..................... 5,355,000 5,390,000 3,982,000 73.90 Auto. - Other............................ 8,816,000 8,750,000 6,867,000 78.50 Auto. - Total............................. 26,802,000 26,571,000 17,940,000 67.50 Boiler/Machinery excld............ 542,000 527,000 170,000 32.30 Fidelity..................................... 11,000 11,000 3,000 27.30 Liability.................................... 4,280,000 4,302,000 1,726,000 40.10 Surety...................................... 1,146,000 1,057,000 111,000 10.50 Marine...................................... 597,000 579,000 324,000 56.00 Accident & Sickness................ 10,000 9,000 5,000 55.60 ——————— ——————— ——————— ————— Total 2016............................... 51,955,000 51,497,000 31,799,000 61.75 Total 2015................................ 50,962,000 50,556,000 32,702,000 64.68 Total 2014................................ 50,394,000 48,984,000 33,160,000 67.70 Total 2013................................ 43,932,000 32,722,000 14,810,000 45.26 Total 2012................................ 29,217,000 28,268,000 14,399,000 50.94

134

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 45,061,000 Reinsurance Assumed......................... 48,829,000 Reinsurance Ceded.............................. 41,935,000 Net Premiums Written.......................... 51,955,000 Net Premiums Earned.......................... 51,497,000 Net Claims & Adj Exp........................... 31,799,000 Commissions.......................................... 9,288,000 Taxes...................................................... 1,975,000 General Expenses.................................. 5,660,000 Undwrwtg. Profit/Loss........................... 2,775,000 Investment Income...................................-134,000

Underwriting Result

Growth Rate (DPW)....................................-7.14 Growth Rate (NPW)..................................... 1.95 % of Market (NPW)..................................... 0.11 Earned Loss Ratio..................................... 61.75 Total Expense Ratio.................................. 32.86 Combined Loss & Exp. Ratio.................... 94.61 Return on Equity....................................... 11.96

2016: +$2,775,000 2015: +$1,928,000 2014: +$692,000 2013: +$9,030,000 2012: +$4,589,000

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ÂŠ 2017 Royal & Sun Alliance Insurance Company of Canada. All rights reserved. RSA, RSA & Design, and related words and logos are trademarks and the property of RSA Insurance Group plc, licensed for use by Royal & Sun Alliance Insurance Company of Canada. RSA is a trade name of Royal & Sun Alliance Insurance Company of Canada.

Saskatchewan Mutual Insurance Company

B-CA

L.M. Wiebe, President, Chief Executive Officer and Chief Risk Officer 279 - 3rd Avenue North (306) 653-4232 Fax: (306) 653-3260 www.saskmutual.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 35,081,000 33,295,000 19,928,000 59.90 Prop. - Commercial................. 6,603,000 6,638,000 3,064,000 46.20 Prop. - Total............................ 41,684,000 39,933,000 22,992,000 57.60 Auto. - Liability........................ 1,901,000 1,888,000 86,000 4.60 Auto. - Pers. Acc..................... 310,000 310,000 362,000 116.80 Auto. - Other............................ 7,131,000 7,085,000 4,149,000 58.60 Auto. - Total............................. 9,342,000 9,283,000 4,597,000 49.50 Boiler/Machinery excld............ 28,000 5,000 1,000 20.00 Fidelity..................................... 14,000 13,000 -1,000 -7.70 Liability.................................... 4,850,000 4,758,000 1,998,000 42.00 ——————— ——————— ——————— ————— Total 2016............................... 55,918,000 53,992,000 29,587,000 54.80 Total 2015................................ 53,737,000 51,829,000 27,136,000 52.36 Total 2014................................ 50,009,000 49,049,000 29,179,000 59.49 Total 2013................................ 51,616,000 53,557,000 36,214,000 67.62 Total 2012................................ 51,300,000 49,039,000 27,211,000 55.49

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 71,589,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 15,671,000 Net Premiums Written.......................... 55,918,000 Net Premiums Earned.......................... 53,992,000 Net Claims & Adj Exp........................... 29,587,000 Commissions........................................ 10,876,000 Taxes...................................................... 3,133,000 General Expenses.................................. 9,887,000 Undwrwtg. Profit/Loss.............................. 995,000 Investment Income................................. 2,177,000

Growth Rate (DPW)..................................... 7.22 Growth Rate (NPW)..................................... 4.06 % of Market (NPW)..................................... 0.12 Earned Loss Ratio..................................... 54.80 Total Expense Ratio.................................. 44.26 Combined Loss & Exp. Ratio.................... 99.06 Return on Equity......................................... 5.89

Underwriting Result

2016: +$995,000 2015: +$1,817,000 2014: -$567,000 2013: -$5,416,000 2012: +$1,560,000

SCOR Canada Reinsurance Company

R-EU

Joseph El-Sayegh, President and C.E.O. 199 Bay Street, Suite 2800 PO Box 329, Commerce Court Stn. 416-869-3670 Fax: 416-365-9393 www.scor.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 35,395,000 36,317,000 39,492,000 108.70 Prop. - Commercial................. 88,374,000 84,999,000 41,498,000 48.80 Prop. - Total............................ 123,769,000 121,316,000 80,990,000 66.80 Auto. - Liability........................ 8,530,000 8,535,000 554,000 6.50 Auto. - Pers. Acc..................... -1,000 -1,000 -1,262,000 126,200.00 Auto. - Other............................ 1,733,000 1,774,000 -2,861,000 -161.30 Auto. - Total............................. 10,262,000 10,308,000 -3,569,000 -34.60 Boiler/Machinery excld............ 94,000 53,000 1,000 1.90 Hail.......................................... 114,000 114,000 1,000 0.90 Liability.................................... 14,440,000 13,168,000 -3,720,000 -28.30 Surety...................................... 3,455,000 3,831,000 966,000 25.20 Marine...................................... 596,000 426,000 27,000 6.30 ——————— ——————— ——————— ————— Total 2016............................... 152,730,000 149,216,000 74,696,000 50.06 Total 2015................................ 145,379,000 141,316,000 54,085,000 38.27 Total 2014................................ 136,048,000 134,648,000 79,705,000 59.20 Total 2013................................ 160,353,000 158,741,000 108,334,000 68.25 Total 2012................................ 151,456,000 147,427,000 112,375,000 76.22

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed....................... 202,364,000 Reinsurance Ceded.............................. 49,634,000 Net Premiums Written........................ 152,730,000 Net Premiums Earned........................ 149,216,000 Net Claims & Adj Exp........................... 74,696,000 Commissions........................................ 42,477,000 Taxes.................................................................... 0 General Expenses................................ 11,902,000 Undwrwtg. Profit/Loss......................... 20,141,000 Investment Income................................. 9,968,000

Growth Rate (DPW)............................................ Growth Rate (NPW)..................................... 5.06 % of Market (NPW)..................................... 0.33 Earned Loss Ratio..................................... 50.06 Total Expense Ratio.................................. 36.44 Combined Loss & Exp. Ratio.................... 86.50 Return on Equity....................................... 15.04

Underwriting Result

2016: +$20,141,000 2015: +$36,554,000 2013: +$3,654,000 2012: -$10,527,000

2014: +$8,805,000

SCOR UK Company Limited

B-EU Neil Ringrose, Chief Agent 199 Bay Street, Suite 2800 (416) 304-6539 Fax: (416) 869-9578

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Commercial................. 296,000 119,000 349,000 293.30 Direct Premiums Written........................ 9,854,000 Growth Rate (DPW)............................................ Prop. - Total............................ 296,000 119,000 349,000 293.30 Reinsurance Assumed........................... 1,044,000 Growth Rate (NPW)............................................ Liability.................................... 59,000 39,000 48,000 123.10 Reinsurance Ceded.............................. 10,509,000 % of Market (NPW)............................................ Marine...................................... 34,000 21,000 Earned Loss Ratio................................... 221.79 ——————— ——————— ——————— ————— Net Premiums Written............................... 389,000 Net Premiums Earned............................... 179,000 Total Expense Ratio...............................-390.50 Total 2016............................... 389,000 179,000 397,000 221.79 Combined Loss & Exp. Ratio.................-168.71 Total 2015................................ Net Claims & Adj Exp................................ 397,000 Return on Equity......................................... 5.94 Total 2014................................ Commissions.........................................-1,126,000 Total 2013................................ Taxes......................................................... 205,000 General Expenses..................................... 222,000 Total 2012................................ Undwrwtg. Profit/Loss.............................. 481,000 Investment Income...................................... 89,000 Underwriting Result

2016: +$481,000 2015: 2013: 2012:

136

Canadian Underwriter

-$51,000 2014:

VISION ACTION

SCOR LAUNCHES ITS NEW STRATEGIC PLAN Thanks to its accelerated development in Life and P&C reinsurance, SCOR now belongs to the top tier of global reinsurers. The Group’s premium income will reach around EUR 13.7 billion in 2016, an increase of 34% since 2013. Shareholders’ equity reached EUR 6.3 billion at 30 June 2016, up 33% over the strategic plan, after the distribution of EUR 781 million in dividends. SCOR’s development has focused on the twofold objectives of profitability and solvency. All the targets of the “Optimal Dynamics” plan, which has come to an end, have been achieved. With the upgrade of its rating in 2015, SCOR is now rated AA–(1). Plan after plan, the SCOR group demonstrates its ability to find solutions to all the challenges posed by a difficult and shifting economic and financial environment. SCOR absorbs loss event shocks thanks to its active, state-of-the-art risk management policy. Today, SCOR launches its new three-year strategic plan, “Vision In Action,” which is fully aligned with “Optimal Dynamics.” Over the next three years, SCOR will pursue its dynamic combination of growth, profitability and solvency with ambition and determination, serving its clients and benefitting its shareholders.

›

2016–2019 TARGETS

HIGH RETURN ON EQUITY

OPTIMAL SOLVENCY RATIO

ROE ≥ 800 basis points above the five-year risk-free rate over the cycle (2)

Between 185% and 220% of the SCR (3)

(1) Standard & Poor’s and Fitch Ratings. (2) Based on a 5-year rolling average of 5-year risk-free rates. (3) Solvency Capital Requirement.

scor.com

Scottish & York Insurance Co. Limited

B-EU

C. Wesley M. Scott, Chairman 2206 Eglinton Ave. East 416-288-1800 Fax: 416-288-9756 www.avivacanada.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 47,778,000 46,918,000 28,148,000 60.00 Prop. - Commercial................. 27,604,000 27,951,000 18,628,000 66.60 Prop. - Total............................ 75,382,000 74,869,000 46,776,000 62.50 Auto. - Liability........................ 51,274,000 50,462,000 28,796,000 57.10 Auto. - Pers. Acc..................... 21,743,000 21,880,000 16,163,000 73.90 Auto. - Other............................ 35,788,000 35,517,000 27,878,000 78.50 Auto. - Total............................. 108,805,000 107,859,000 72,837,000 67.50 Boiler/Machinery excld............ 2,200,000 2,139,000 690,000 32.30 Fidelity..................................... 44,000 44,000 12,000 27.30 Liability.................................... 17,373,000 17,469,000 7,003,000 40.10 Surety...................................... 4,653,000 4,290,000 450,000 10.50 Marine...................................... 2,423,000 2,350,000 1,314,000 55.90 Accident & Sickness................ 42,000 40,000 22,000 55.00 ——————— ——————— ——————— ————— Total 2016............................... 210,922,000 209,060,000 129,104,000 61.75 Total 2015................................ 206,895,000 205,252,000 132,754,000 64.68 Total 2014................................ 204,594,000 198,870,000 134,624,000 67.69 Total 2013................................ 181,191,000 129,340,000 82,069,000 63.45 Total 2012................................ 102,183,000 101,811,000 67,078,000 65.88

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 159,628,000 Reinsurance Assumed....................... 127,879,000 Reinsurance Ceded.............................. 76,585,000 Net Premiums Written........................ 210,922,000 Net Premiums Earned........................ 209,060,000 Net Claims & Adj Exp......................... 129,104,000 Commissions........................................ 37,708,000 Taxes...................................................... 8,018,000 General Expenses................................ 22,975,000 Undwrwtg. Profit/Loss......................... 11,255,000 Investment Income...................................-553,000

Growth Rate (DPW)....................................-3.52 Growth Rate (NPW)..................................... 1.95 % of Market (NPW)..................................... 0.46 Earned Loss Ratio..................................... 61.75 Total Expense Ratio.................................. 32.86 Combined Loss & Exp. Ratio.................... 94.61 Return on Equity....................................... 12.14

Underwriting Result

2016: +$11,255,000 2015: +$7,842,000 2014: +$2,816,000 2013: +$12,895,000 2012: +$9,631,000

Security National Insurance Company PRIMMUM INSURANCE COMPANY TD DIRECT INSURANCE INC. TD GENERAL INSURANCE COMPANY TD HOME AND AUTO INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 944,327,000 925,585,000 489,369,000 52.90 Prop. - Total............................ 944,327,000 925,585,000 489,369,000 52.90 Auto. - Liability........................ 1,103,207,000 1,113,906,000 787,417,000 70.70 Auto. - Pers. Acc..................... 365,296,000 384,036,000 474,868,000 123.70 Auto. - Other............................ 504,923,000 510,016,000 451,471,000 88.50 Auto. - Total............................. 1,973,426,000 2,007,958,000 1,713,756,000 85.30 Liability.................................... 15,528,000 15,528,000 9,575,000 61.70 ——————— ——————— ——————— ————— Total 2016............................... 2,933,281,000 2,949,071,000 2,212,700,000 75.03 Total 2015................................ 2,986,668,000 2,955,390,000 2,293,581,000 77.61 Total 2014................................ 2,915,195,000 2,861,836,000 2,399,324,000 83.84 Total 2013................................ 2,839,453,000 2,730,375,000 2,645,221,000 96.88 Total 2012................................ 2,646,002,000 2,563,041,000 2,103,351,000 82.06

D-CA

Kenneth W. Lalonde, President and Chief Executive Officer, Vice Chairman of the Board 50 Place Cremazie, 12th Floor (514) 384-1112 Fax: (514) 385-2162 www.melochemonnex.com

2016 Underwriting Performance Summary %

Direct Premiums Written................. 3,038,355,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded............................ 105,074,000 Net Premiums Written..................... 2,933,281,000 Net Premiums Earned..................... 2,949,071,000 Net Claims & Adj Exp...................... 2,212,700,000 Commissions...................................... 524,953,000 Taxes.................................................... 96,864,000 General Expenses.............................. 259,681,000 Undwrwtg. Profit/Loss......................-145,127,000 Investment Income............................. 169,951,000

Underwriting Result

2016: -$145,127,000 2013: -$624,762,000

Growth Rate (DPW)....................................-1.16 Growth Rate (NPW)....................................-1.79 % of Market (NPW)..................................... 6.38 Earned Loss Ratio..................................... 75.03 Total Expense Ratio.................................. 29.89 Combined Loss & Exp. Ratio.................. 104.92 Return on Equity......................................... 1.40

2015: -$211,362,000 2012: -$152,509,000

2014: -$289,912,000

Sentry Insurance a Mutual Company

D-US

J. Brian Reeve, Chief Agent for Canada Suite 2100 Scotia Plaza 40 King Street West (416) 869-5745 Fax: (416) 350-6955 www.sentry.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 0 0 -2,000 0.00 Prop. - Total............................ 0 0 -2,000 0.00 Auto. - Liability........................ 356,000 318,000 -14,000 -4.40 Auto. - Pers. Acc..................... 0 1,000 4,000 400.00 Auto. - Other............................ 74,000 70,000 175,000 250.00 Auto. - Total............................. 430,000 389,000 165,000 42.40 Liability.................................... 642,000 1,135,000 28,000 2.50 ——————— ——————— ——————— ————— Total 2016............................... 1,072,000 1,524,000 191,000 12.53 Total 2015................................ 1,566,000 1,547,000 286,000 18.49 Total 2014................................ 1,645,000 1,718,000 542,000 31.55 Total 2013................................ 1,758,000 1,576,000 228,000 14.47 Total 2012................................ 1,386,000 1,270,000 340,000 26.77

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 1,304,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................... 232,000 Net Premiums Written............................ 1,072,000 Net Premiums Earned............................ 1,524,000 Net Claims & Adj Exp................................ 191,000 Commissions............................................... 52,000 Taxes........................................................... 56,000 General Expenses..................................... 484,000 Undwrwtg. Profit/Loss.............................. 633,000 Investment Income.................................... 451,000

Underwriting Result

Growth Rate (DPW)..................................-34.77 Growth Rate (NPW)..................................-31.55 % of Market (NPW)............................................ Earned Loss Ratio..................................... 12.53 Total Expense Ratio.................................. 38.85 Combined Loss & Exp. Ratio.................... 51.38 Return on Equity......................................... 2.70

2016: +$633,000 2015: +$729,000 2014: +$601,000 2013: +$754,000 2012: +$180,000

138

Canadian Underwriter

SGI CANADA COACHMAN INSURANCE COMPANY SGI CANADA INSURANCE SERVICES LTD

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 199,097,000 182,517,000 112,129,000 61.40 Prop. - Commercial................. 154,737,000 146,647,000 82,223,000 56.10 Prop. - Total............................ 353,834,000 329,164,000 194,352,000 59.00 Aircraft..................................... 58,000 60,000 0 0.00 Auto. - Liability........................ 91,648,000 85,330,000 35,712,000 41.90 Auto. - Pers. Acc..................... 25,586,000 25,114,000 19,076,000 76.00 Auto. - Other............................ 153,793,000 150,931,000 101,562,000 67.30 Auto. - Total............................. 271,027,000 261,375,000 156,350,000 59.80 Boiler/Machinery excld............ 99,000 130,000 -3,011,000 -2,316.20 Credit Protection..................... 301,000 301,000 0 0.00 Fidelity..................................... 87,000 117,000 140,000 119.70 Liability.................................... 48,718,000 47,695,000 24,930,000 52.30 Surety...................................... 2,021,000 1,994,000 -69,000 -3.50 Accident & Sickness................ 19,000 19,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 676,164,000 640,855,000 372,692,000 58.16 Total 2015................................ 620,840,000 583,655,000 345,286,000 59.16 Total 2014................................ 549,857,000 517,263,000 322,436,000 62.34 Total 2013................................ 522,181,000 507,251,000 325,816,000 64.23 Total 2012................................ 496,707,000 487,485,000 249,621,000 51.21

B-CA Andrew Cartmell, President & CEO 2260 - 11th Ave. 306-751-1200 Fax: 306-565-8666 www.sgi.sk.ca

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 718,368,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 42,204,000 Net Premiums Written........................ 676,164,000 Net Premiums Earned........................ 640,855,000 Net Claims & Adj Exp......................... 372,692,000 Commissions...................................... 143,889,000 Taxes.................................................... 29,769,000 General Expenses................................ 69,903,000 Undwrwtg. Profit/Loss......................... 24,602,000 Investment Income............................... 33,672,000

Growth Rate (DPW)..................................... 9.35 Growth Rate (NPW)..................................... 8.91 % of Market (NPW)..................................... 1.47 Earned Loss Ratio..................................... 58.16 Total Expense Ratio.................................. 38.01 Combined Loss & Exp. Ratio.................... 96.17 Return on Equity....................................... 16.52

Underwriting Result

2016: +$24,602,000 2015: +$16,986,000 2013: -$14,521,000 2012: +$55,509,000

SGI Canada Insurance Services Ltd

2014: -$5,541,000

B-CA

COACHMAN INSURANCE COMPANY Andrew Cartmell, President & CEO 2260 - 11th Ave (306) 751-1200 Fax: 306-565-8666 www.sgicanada.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 47,870,000 41,848,000 28,984,000 69.30 Prop. - Commercial................. 32,410,000 28,446,000 17,555,000 61.70 Prop. - Total............................ 80,280,000 70,294,000 46,539,000 66.20 Auto. - Liability........................ 53,384,000 48,341,000 31,126,000 64.40 Auto. - Pers. Acc..................... 17,627,000 17,217,000 15,531,000 90.20 Auto. - Other............................ 37,302,000 34,709,000 31,224,000 90.00 Auto. - Total............................. 108,313,000 100,267,000 77,881,000 77.70 Boiler/Machinery excld............ 14,000 19,000 35,000 184.20 Fidelity..................................... 87,000 104,000 76,000 73.10 Liability.................................... 16,071,000 14,969,000 6,405,000 42.80 Surety...................................... 325,000 287,000 -157,000 -54.70 ——————— ——————— ——————— ————— Total 2016............................... 205,090,000 185,940,000 130,779,000 70.33 Total 2015................................ 174,421,000 159,048,000 108,969,000 68.51 Total 2014................................ 150,384,000 135,203,000 89,667,000 66.32 Total 2013................................ 150,218,000 145,597,000 97,375,000 66.88 Total 2012................................ 144,245,000 141,647,000 81,799,000 57.75

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 224,912,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 19,822,000 Net Premiums Written........................ 205,090,000 Net Premiums Earned........................ 185,940,000 Net Claims & Adj Exp......................... 130,779,000 Commissions........................................ 35,535,000 Taxes...................................................... 6,791,000 General Expenses................................ 21,268,000 Undwrwtg. Profit/Loss..........................-8,433,000 Investment Income............................... 11,244,000

Growth Rate (DPW)................................... 16.99 Growth Rate (NPW)................................... 17.58 % of Market (NPW)..................................... 0.45 Earned Loss Ratio..................................... 70.33 Total Expense Ratio.................................. 34.20 Combined Loss & Exp. Ratio.................. 104.53 Return on Equity......................................... 1.49

Underwriting Result

2016: -$8,433,000 2015: -$3,095,000 2014: +$2,624,000 2013: +$1,502,000 2012: +$14,744,000

Shipowners’ Mutual Protection and Indemnity James K. Christie, Chief Agent Association B-EU 4024 Rolling Valley Dr. www.shipownersclub.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Marine...................................... -6,000 -6,000 -1,503,000 25,050.00 ——————— ——————— ——————— ————— Total 2016............................... -6,000 -6,000 -1,503,000 25,050.00 Total 2015................................ 149,000 358,000 -631,000 -176.26 Total 2014................................ 443,000 4,835,000 10,444,000 216.01 Total 2013................................ 11,300,000 13,021,000 6,768,000 51.98 Total 2012................................ 12,688,000 12,401,000 9,670,000 77.98

2016 Underwriting Performance Summary %

Direct Premiums Written..............................-1,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded....................................... 5,000 Net Premiums Written..................................-6,000 Net Premiums Earned..................................-6,000 Net Claims & Adj Exp............................-1,503,000 Commissions........................................................ 0 Taxes.................................................................... 0 General Expenses..................................... 354,000 Undwrwtg. Profit/Loss........................... 1,143,000 Investment Income................................. 1,732,000

Growth Rate (DPW)..................................-85.71 Growth Rate (NPW)................................-104.03 % of Market (NPW)............................................ Earned Loss Ratio.............................. 25,050.00 Total Expense Ratio............................-5,900.00 Combined Loss & Exp. Ratio............. 19,150.00 Return on Equity......................................... 6.88

Underwriting Result

2016: +$1,143,000 2015: +$602,000 2014: -$6,322,000 2013: +$2,480,000 2012: -$647,000

2017 STATISTICAL GUIDE

139

Sirius America Insurance Company

R-US

John S. Game, SVP & Chief Agent 80 Bloor Street West, Suite 1202 (416) 928-2430 Fax: (416) 928-2459 www.siriusgroup.com/america

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 5,268,000 6,659,000 19,904,000 298.90 Prop. - Commercial................. 3,329,000 4,061,000 0 0.00 Prop. - Total............................ 8,597,000 10,720,000 19,904,000 185.70 Auto. - Liability........................ -42,000 8,000 -907,000 -11,337.50 Auto. - Other............................ 1,494,000 1,527,000 1,787,000 117.00 Auto. - Total............................. 1,452,000 1,535,000 880,000 57.30 Fidelity..................................... 0 0 1,000 0.00 Hail.......................................... 382,000 475,000 -56,000 -11.80 Liability.................................... -19,000 9,000 -524,000 -5,822.20 Surety...................................... 0 0 -18,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 10,412,000 12,739,000 20,187,000 158.47 Total 2015................................ 13,709,000 13,162,000 498,000 3.78 Total 2014................................ 13,444,000 13,770,000 -1,445,000 -10.49 Total 2013................................ 15,925,000 15,732,000 8,028,000 51.03 Total 2012................................ 14,846,000 14,960,000 3,316,000 22.17

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................... 16,311,000 Reinsurance Ceded................................ 5,899,000 Net Premiums Written.......................... 10,412,000 Net Premiums Earned.......................... 12,739,000 Net Claims & Adj Exp........................... 20,187,000 Commissions.......................................... 2,764,000 Taxes.................................................................... 0 General Expenses.................................. 1,930,000 Undwrwtg. Profit/Loss........................-12,142,000 Investment Income................................. 1,143,000

Growth Rate (DPW)............................................ Growth Rate (NPW)..................................-24.05 % of Market (NPW)..................................... 0.02 Earned Loss Ratio................................... 158.47 Total Expense Ratio.................................. 36.85 Combined Loss & Exp. Ratio.................. 195.32 Return on Equity......................................-11.99

Underwriting Result

2016: -$12,142,000 2015: +$7,587,000 2013: +$1,644,000 2012: +$6,390,000

2014: +$10,962,000

Sompo Japan Nipponkoa Insurance Inc.

B-Other

Bruce Walker, Chief Agent in Canada 199 Bay Street, Suite 2500 (416) 368-4011 Fax: (416) 638-7400 www.sompo-japan.co.jp/english/

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 2,604,000 2,455,000 875,000 35.60 Prop. - Total............................ 2,604,000 2,455,000 875,000 35.60 Auto. - Liability........................ 1,139,000 1,121,000 295,000 26.30 Auto. - Other............................ 577,000 461,000 292,000 63.30 Auto. - Total............................. 1,716,000 1,582,000 587,000 37.10 Boiler/Machinery excld............ 68,000 69,000 0 0.00 Fidelity..................................... 77,000 86,000 1,000 1.20 Liability.................................... 1,999,000 1,795,000 42,000 2.30 Surety...................................... 6,000 5,000 0 0.00 Marine...................................... 630,000 621,000 398,000 64.10 ——————— ——————— ——————— ————— Total 2016............................... 7,100,000 6,613,000 1,903,000 28.78 Total 2015................................ 5,748,000 5,875,000 1,259,000 21.43 Total 2014................................ 6,737,000 6,319,000 1,883,000 29.80 Total 2013................................ 5,660,000 5,748,000 2,455,000 42.71 Total 2012................................ 5,379,000 5,200,000 1,367,000 26.29

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 6,652,000 Reinsurance Assumed........................... 1,992,000 Reinsurance Ceded................................ 1,544,000 Net Premiums Written............................ 7,100,000 Net Premiums Earned............................ 6,613,000 Net Claims & Adj Exp............................. 1,903,000 Commissions.......................................... 1,007,000 Taxes......................................................... 199,000 General Expenses.................................. 1,576,000 Undwrwtg. Profit/Loss........................... 1,928,000 Investment Income................................. 1,350,000

Growth Rate (DPW)................................... 22.64 Growth Rate (NPW)................................... 23.52 % of Market (NPW)..................................... 0.02 Earned Loss Ratio..................................... 28.78 Total Expense Ratio.................................. 42.07 Combined Loss & Exp. Ratio.................... 70.85 Return on Equity......................................... 3.19

Underwriting Result

2016: +$1,928,000 2015: +$2,039,000 2014: +$1,395,000 2013: +$1,231,000 2012: +$1,976,000

Sonnet Insurance Company

B-CA Rowan Saunders, President and Chief Executive Officer 111 Westmount Rd. South, PO Box 2000 (519) 570-8500 Fax: (519) 570-8389 www.economical.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 26,003,000 25,687,000 15,846,000 61.70 Prop. - Commercial................. 21,941,000 21,844,000 15,777,000 72.20 Prop. - Total............................ 47,944,000 47,531,000 31,623,000 66.50 Auto. - Liability........................ 39,406,000 37,850,000 29,339,000 77.50 Auto. - Pers. Acc..................... 17,478,000 16,505,000 11,669,000 70.70 Auto. - Other............................ 29,708,000 28,518,000 21,505,000 75.40 Auto. - Total............................. 86,592,000 82,873,000 62,513,000 75.40 Fidelity..................................... 159,000 159,000 26,000 16.40 Liability.................................... 10,971,000 11,082,000 6,791,000 61.30 Surety...................................... 106,000 114,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 145,772,000 141,759,000 100,953,000 71.21 Total 2015................................ 140,291,000 138,139,000 88,649,000 64.17 Total 2014................................ 136,119,000 133,762,000 94,037,000 70.30 Total 2013................................ 130,740,000 128,247,000 85,540,000 66.70 Total 2012................................ 124,945,000 120,768,000 73,826,000 61.13

140

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 12,039,000 Reinsurance Assumed....................... 144,915,000 Reinsurance Ceded.............................. 11,182,000 Net Premiums Written........................ 145,772,000 Net Premiums Earned........................ 141,759,000 Net Claims & Adj Exp......................... 100,953,000 Commissions........................................ 26,921,000 Taxes...................................................... 5,027,000 General Expenses................................ 22,622,000 Undwrwtg. Profit/Loss........................-11,947,000 Investment Income............................... 10,434,000

Underwriting Result

Growth Rate (DPW)................................. 378.31 Growth Rate (NPW)..................................... 3.91 % of Market (NPW)..................................... 0.32 Earned Loss Ratio..................................... 71.21 Total Expense Ratio.................................. 38.49 Combined Loss & Exp. Ratio.................. 109.70 Return on Equity........................................-0.18

2016: -$11,947,000 2015: +$3,431,000 2014: -$3,946,000 2013: +$442,000 2012: +$5,072,000

The Sovereign General Insurance Company

B-CA

Rob Wesseling, President and Chief Executive Officer 140 - 6700 Macleod Trail SE 403-298-4200 Fax: 403-298-4217 www.sovereigngeneral.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 145,081,000 94,221,000 65,970,000 70.00 Prop. - Commercial................. -24,220,000 40,733,000 29,113,000 71.50 Prop. - Total............................ 120,861,000 134,954,000 95,083,000 70.50 Auto. - Liability........................ 109,232,000 83,829,000 51,526,000 61.50 Auto. - Pers. Acc..................... 40,179,000 28,241,000 21,435,000 75.90 Auto. - Other............................ 60,203,000 49,946,000 41,772,000 83.60 Auto. - Total............................. 209,614,000 162,016,000 114,733,000 70.80 Boiler/Machinery excld............ -2,049,000 1,182,000 326,000 27.60 Fidelity..................................... -6,000 166,000 99,000 59.60 Liability.................................... 6,074,000 32,340,000 15,430,000 47.70 Surety...................................... -2,973,000 1,096,000 683,000 62.30 Marine...................................... -4,046,000 2,443,000 1,674,000 68.50 Accident & Sickness................ 105,000 68,000 19,000 27.90 ——————— ——————— ——————— ————— Total 2016............................... 327,580,000 334,265,000 228,047,000 68.22 Total 2015................................ 319,305,000 309,434,000 198,409,000 64.12 Total 2014................................ 296,817,000 298,096,000 180,356,000 60.50 Total 2013................................ 285,994,000 276,950,000 175,337,000 63.31 Total 2012................................ 260,717,000 256,925,000 140,426,000 54.66

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 339,539,000 Reinsurance Assumed....................... 524,463,000 Reinsurance Ceded............................ 536,422,000 Net Premiums Written........................ 327,580,000 Net Premiums Earned........................ 334,265,000 Net Claims & Adj Exp......................... 228,047,000 Commissions........................................ 45,453,000 Taxes.................................................... 11,055,000 General Expenses................................ 53,929,000 Undwrwtg. Profit/Loss..........................-2,431,000 Investment Income............................... 43,427,000

Growth Rate (DPW)..................................... 1.49 Growth Rate (NPW)..................................... 2.59 % of Market (NPW)..................................... 0.71 Earned Loss Ratio..................................... 68.22 Total Expense Ratio.................................. 33.04 Combined Loss & Exp. Ratio.................. 101.26 Return on Equity....................................... 14.02

Underwriting Result

2016: -$2,431,000 2015: -$9,808,000 2014: +$3,069,000 2013: -$3,642,000 2012: +$14,464,000

SSQ Insurance Company Inc.

D-CA

Jean-Francois Chalifoux, President and Director General 2525 Laurier Blvd. P.O. Box 10530, Station Sainte-Foy (800) 463-5525 www.ssq.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 87,006,000 86,121,000 61,842,000 71.80 Prop. - Commercial................. 4,634,000 4,249,000 2,740,000 64.50 Prop. - Total............................ 91,640,000 90,370,000 64,582,000 71.50 Auto. - Liability........................ 57,745,000 55,852,000 32,512,000 58.20 Auto. - Pers. Acc..................... 1,238,000 1,297,000 224,000 17.30 Auto. - Other............................ 70,540,000 71,300,000 56,074,000 78.60 Auto. - Total............................. 129,523,000 128,449,000 88,810,000 69.10 Liability.................................... 0 1,829,000 693,000 37.90 ——————— ——————— ——————— ————— Total 2016............................... 221,163,000 220,648,000 154,085,000 69.83 Total 2015................................ 208,358,000 216,489,000 147,282,000 68.03 Total 2014................................ 213,754,000 214,504,000 140,568,000 65.53 Total 2013................................ 203,094,000 202,513,000 134,505,000 66.42 Total 2012................................ 191,925,000 182,512,000 114,586,000 62.78

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 227,033,000 Reinsurance Assumed.............................. 793,000 Reinsurance Ceded................................ 6,663,000 Net Premiums Written........................ 221,163,000 Net Premiums Earned........................ 220,648,000 Net Claims & Adj Exp......................... 154,085,000 Commissions.......................................... 6,868,000 Taxes...................................................... 7,880,000 General Expenses................................ 56,160,000 Undwrwtg. Profit/Loss..........................-4,345,000 Investment Income................................. 7,551,000

Growth Rate (DPW)..................................... 5.95 Growth Rate (NPW)..................................... 6.15 % of Market (NPW)..................................... 0.48 Earned Loss Ratio..................................... 69.83 Total Expense Ratio.................................. 32.14 Combined Loss & Exp. Ratio.................. 101.97 Return on Equity......................................... 1.95

Underwriting Result

2016: -$4,345,000 2015: +$2,127,000 2014: +$9,062,000 2013: +$5,286,000 2012: +$13,090,000

St. Paul Fire and Marine Insurance Company

B-US

Heather M. Masterson, President and CEO 165 University Avenue (416) 362-7231 Fax: (416) 362-9918 www.travelerscanada.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 309,000 309,000 0 0.00 Prop. - Commercial................. 27,216,000 27,985,000 48,595,000 173.60 Prop. - Total............................ 27,525,000 28,294,000 48,595,000 171.80 Aircraft..................................... 0 0 -2,000 0.00 Auto. - Liability........................ 14,292,000 14,442,000 1,109,000 7.70 Auto. - Pers. Acc..................... 2,163,000 2,150,000 5,766,000 268.20 Auto. - Other............................ 3,631,000 3,701,000 -14,245,000 -384.90 Auto. - Total............................. 20,086,000 20,293,000 -7,370,000 -36.30 Boiler/Machinery excld............ 1,636,000 1,576,000 -2,033,000 -129.00 Fidelity..................................... 125,000 136,000 -659,000 -484.60 Liability.................................... 30,599,000 30,784,000 29,146,000 94.70 Surety...................................... 1,988,000 1,988,000 824,000 41.40 Marine...................................... 8,046,000 8,152,000 3,058,000 37.50 ——————— ——————— ——————— ————— Total 2016............................... 90,005,000 91,223,000 71,559,000 78.44 Total 2015................................ 94,103,000 108,335,000 58,545,000 54.04 Total 2014................................ 117,103,000 126,604,000 79,716,000 62.96 Total 2013................................ 136,926,000 150,000,000 63,307,000 42.20 Total 2012................................ 155,221,000 159,932,000 68,228,000 42.66

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 103,433,000 Reinsurance Assumed........................... 2,297,000 Reinsurance Ceded.............................. 15,725,000 Net Premiums Written.......................... 90,005,000 Net Premiums Earned.......................... 91,223,000 Net Claims & Adj Exp........................... 71,559,000 Commissions........................................ 13,661,000 Taxes...................................................... 3,658,000 General Expenses................................ 19,132,000 Undwrwtg. Profit/Loss........................-16,787,000 Investment Income............................... 18,713,000

Underwriting Result

Growth Rate (DPW)....................................-2.99 Growth Rate (NPW)....................................-4.35 % of Market (NPW)......................................-0.2 Earned Loss Ratio..................................... 78.44 Total Expense Ratio.................................. 39.96 Combined Loss & Exp. Ratio.................. 118.40 Return on Equity......................................... 0.85

2016: -$16,787,000 2015: +$11,350,000 2013: +$18,306,000 2012: +$23,362,000

2014: -$3,591,000

2017 STATISTICAL GUIDE

141

Starr Insurance & Reinsurance Limited

B-US

Hano Pak, Chief Agent 1805 - 200 King St W (416) 947-3079 Fax: (416) 941-3099 www.starrcompanies.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Commercial................. 1,558,000 651,000 662,000 101.70 Direct Premiums Written...................... 51,193,000 Growth Rate (DPW)................................... 36.40 Prop. - Total............................ 1,558,000 651,000 662,000 101.70 Reinsurance Assumed........................... 2,993,000 Growth Rate (NPW)................................-694.09 Aircraft..................................... 98,000 74,000 98,000 132.40 Reinsurance Ceded.............................. 51,572,000 % of Market (NPW)..................................... 0.01 Credit....................................... 141,000 141,000 9,000 6.40 Net Premiums Written............................ 2,614,000 Earned Loss Ratio..................................... 86.74 Fidelity..................................... -2,000 Net Premiums Earned............................ 1,448,000 Total Expense Ratio...............................-139.64 Liability.................................... 495,000 267,000 551,000 206.40 Net Claims & Adj Exp............................. 1,256,000 Combined Loss & Exp. Ratio...................-52.90 Marine...................................... 322,000 315,000 -62,000 -19.70 Return on Equity....................................... 12.13 ——————— ——————— ——————— ————— Commissions.........................................-4,993,000 Taxes...................................................... 1,482,000 Total 2016............................... 2,614,000 1,448,000 1,256,000 86.74 General Expenses.................................. 1,489,000 Total 2015................................ -440,000 717,000 729,000 101.67 Undwrwtg. Profit/Loss........................... 2,214,000 Total 2014................................ 2,418,000 538,000 321,000 59.67 Total 2013................................ Investment Income.................................... 454,000 Total 2012................................ Underwriting Result

2016: +$2,214,000 2015: -$2,047,000 2014: -$1,137,000 2013: 2012:

Stewart Title Guaranty Company

D-US

Marco Polsinelli, Chief Agent & Senior Vice President Canada Division, General Manager 200 Bay Street, Suite 2600 Royal Bank Plaza, North Tower (416) 307-3300 Fax: (416) 861-5806 www.stewart.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Title.......................................... 120,144,000 120,144,000 35,479,000 29.50 ——————— ——————— ——————— ————— Total 2016............................... 120,144,000 120,144,000 35,479,000 29.53 Total 2015................................ 104,294,000 104,294,000 27,322,000 26.20 Total 2014................................ 95,066,000 95,066,000 28,875,000 30.37 Total 2013................................ 91,548,000 91,548,000 17,695,000 19.33 Total 2012................................ 91,741,000 91,741,000 14,385,000 15.68

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 120,144,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................................. 0 Net Premiums Written........................ 120,144,000 Net Premiums Earned........................ 120,144,000 Net Claims & Adj Exp........................... 35,479,000 Commissions........................................................ 0 Taxes...................................................... 3,813,000 General Expenses................................ 54,703,000 Undwrwtg. Profit/Loss......................... 26,149,000 Investment Income................................. 4,268,000

Underwriting Result

Growth Rate (DPW)................................... 15.20 Growth Rate (NPW)................................... 15.20 % of Market (NPW)..................................... 0.26 Earned Loss Ratio..................................... 29.53 Total Expense Ratio.................................. 48.70 Combined Loss & Exp. Ratio.................... 78.23 Return on Equity....................................... 20.84

2016: +$26,149,000 2015: +$20,925,000 2013: +$22,343,000 2012: +$26,439,000

2014: +$13,456,000

Sunderland Marine Insurance Company Limited (Canada Branch) Cynthia A. Morton, Chief Agent

B-EU

701 - 890 West Pender Street (855) 872-1011 Fax: (902) 405-8338 www.sunderlandmarine.com/canada Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 0 0 -15,000 0.00 Prop. - Total............................ 0 0 -15,000 0.00 Marine...................................... 5,649,000 5,231,000 2,843,000 54.30 ——————— ——————— ——————— ————— Total 2016............................... 5,649,000 5,231,000 2,828,000 54.06 Total 2015................................ 5,894,000 7,614,000 3,708,000 48.70 Total 2014................................ 8,524,000 8,313,000 5,877,000 70.70 Total 2013................................ 8,117,000 9,314,000 5,534,000 59.42 Total 2012................................ 10,343,000 9,924,000 5,912,000 59.57

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 18,955,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 13,306,000 Net Premiums Written............................ 5,649,000 Net Premiums Earned............................ 5,231,000 Net Claims & Adj Exp............................. 2,828,000 Commissions.......................................... 1,641,000 Taxes......................................................... 324,000 General Expenses.................................. 1,463,000 Undwrwtg. Profit/Loss..........................-1,025,000 Investment Income.................................... 128,000

Underwriting Result

Growth Rate (DPW)..................................-28.95 Growth Rate (NPW)....................................-4.16 % of Market (NPW)..................................... 0.01 Earned Loss Ratio..................................... 54.06 Total Expense Ratio.................................. 65.53 Combined Loss & Exp. Ratio.................. 119.59 Return on Equity........................................-6.89

2016: -$1,025,000 2015: -$653,000 2014: -$3,347,000 2013: -$848,000 2012: -$2,305,000

142

Canadian Underwriter

Swiss Re - Group SWISS REINSURANCE COMPANY LTD WESTPORT INSURANCE CORPORATION

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 9,810,000 8,885,000 50,621,000 569.70 Prop. - Commercial................. 83,217,000 79,943,000 33,389,000 41.80 Prop. - Total............................ 93,027,000 88,828,000 84,010,000 94.60 Aircraft..................................... 3,885,000 3,409,000 804,000 23.60 Auto. - Liability........................ 2,482,000 2,308,000 -1,649,000 -71.40 Auto. - Pers. Acc..................... 973,000 1,064,000 -910,000 -85.50 Auto. - Other............................ 653,000 741,000 -61,000 -8.20 Auto. - Total............................. 4,108,000 4,113,000 -2,620,000 -63.70 Boiler/Machinery excld............ 393,000 1,024,000 457,000 44.60 Fidelity..................................... 0 0 -17,000 0.00 Hail.......................................... 5,667,000 4,582,000 2,520,000 55.00 Liability.................................... 16,760,000 16,433,000 -1,042,000 -6.30 Surety...................................... 4,025,000 4,009,000 1,594,000 39.80 Marine...................................... 1,271,000 1,301,000 720,000 55.30 Accident & Sickness................ 45,000 44,000 429,000 975.00 ——————— ——————— ——————— ————— Total 2016............................... 129,181,000 123,743,000 86,855,000 70.19 Total 2015................................ 114,139,000 118,993,000 14,767,000 12.41 Total 2014................................ 124,663,000 129,668,000 12,063,000 9.30 Total 2013................................ 147,072,000 147,197,000 73,288,000 49.79 Total 2012................................ 142,567,000 139,475,000 36,503,000 26.17

EU Veronica Scotti, President and CEO, Chief Agent in Canada 150 King Street West, Suite 1000 416-408-0272 Fax: 416-408-4222 www.swissre.com

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 173,962,000 Reinsurance Assumed....................... 496,367,000 Reinsurance Ceded............................ 541,148,000 Net Premiums Written........................ 129,181,000 Net Premiums Earned........................ 123,743,000 Net Claims & Adj Exp........................... 86,855,000 Commissions.........................................-6,131,000 Taxes...................................................... 6,538,000 General Expenses................................ 43,286,000 Undwrwtg. Profit/Loss..........................-6,805,000 Investment Income............................... 10,736,000

Growth Rate (DPW)..................................... 7.25 Growth Rate (NPW)................................... 13.18 % of Market (NPW)..................................... 0.28 Earned Loss Ratio..................................... 70.19 Total Expense Ratio.................................. 35.31 Combined Loss & Exp. Ratio.................. 105.50 Return on Equity......................................... 1.43

Underwriting Result

2016: -$6,805,000 2015: +$61,966,000 2013: +$29,597,000 2012: +$65,498,000

2014: +$75,699,000

Swiss Reinsurance Company Ltd

R-EU

Veronica Scotti, President and CEO, Chief Agent in Canada 150 King Street West, Suite 1000 (416) 408-0272 Fax: (416) 408-4222 www.swissre.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 9,810,000 8,885,000 50,621,000 569.70 Prop. - Commercial................. 64,635,000 63,909,000 18,730,000 29.30 Prop. - Total............................ 74,445,000 72,794,000 69,351,000 95.30 Aircraft..................................... -334,000 -66,000 -175,000 265.20 Auto. - Liability........................ 2,482,000 2,308,000 -1,576,000 -68.30 Auto. - Pers. Acc..................... 973,000 1,064,000 -910,000 -85.50 Auto. - Other............................ 653,000 741,000 -61,000 -8.20 Auto. - Total............................. 4,108,000 4,113,000 -2,547,000 -61.90 Boiler/Machinery excld............ 393,000 317,000 276,000 87.10 Fidelity..................................... 0 0 -17,000 0.00 Hail.......................................... 5,667,000 4,582,000 2,520,000 55.00 Liability.................................... 8,230,000 7,284,000 -2,574,000 -35.30 Surety...................................... 3,927,000 3,907,000 1,415,000 36.20 Marine...................................... 1,129,000 1,242,000 750,000 60.40 Accident & Sickness................ 45,000 44,000 429,000 975.00 ——————— ——————— ——————— ————— Total 2016............................... 97,610,000 94,217,000 69,428,000 73.69 Total 2015................................ 83,688,000 87,886,000 5,912,000 6.73 Total 2014................................ 96,496,000 100,012,000 9,286,000 9.28 Total 2013................................ 110,469,000 103,793,000 47,936,000 46.18 Total 2012................................ 81,114,000 86,518,000 8,009,000 9.26

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed....................... 486,286,000 Reinsurance Ceded............................ 388,676,000 Net Premiums Written.......................... 97,610,000 Net Premiums Earned.......................... 94,217,000 Net Claims & Adj Exp........................... 69,428,000 Commissions........................................ 12,372,000 Taxes.................................................................... 0 General Expenses................................ 19,225,000 Undwrwtg. Profit/Loss..........................-6,808,000 Investment Income................................. 7,978,000

Growth Rate (DPW)............................................ Growth Rate (NPW)................................... 16.64 % of Market (NPW)..................................... 0.21 Earned Loss Ratio..................................... 73.69 Total Expense Ratio.................................. 33.54 Combined Loss & Exp. Ratio.................. 107.23 Return on Equity......................................... 1.02

Underwriting Result

2016: -$6,808,000 2015: +$48,149,000 2013: +$23,177,000 2012: +$51,938,000

2014: +$58,480,000

T.H.E. Insurance Company

D-US Steven Frye, Chief Agent 200 University Avenue, 14th Floor (416) 313-2977 Fax: (416) 368-0886 www.theinsco.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 48,000 46,000 234,000 508.70 Prop. - Total............................ 48,000 46,000 234,000 508.70 Auto. - Liability........................ 78,000 27,000 0 0.00 Auto. - Other............................ 0 0 5,000 0.00 Auto. - Total............................. 78,000 27,000 5,000 18.50 Liability.................................... 512,000 497,000 85,000 17.10 ——————— ——————— ——————— ————— Total 2016............................... 638,000 570,000 324,000 56.84 Total 2015................................ 492,000 642,000 587,000 91.43 Total 2014................................ 825,000 708,000 472,000 66.67 Total 2013................................ 548,000 251,000 476,000 189.64 Total 2012................................ 160,000 109,000 79,000 72.48

2016 Underwriting Performance Summary %

Direct Premiums Written........................... 703,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded..................................... 65,000 Net Premiums Written............................... 638,000 Net Premiums Earned............................... 570,000 Net Claims & Adj Exp................................ 324,000 Commissions............................................... 83,000 Taxes........................................................... 24,000 General Expenses..................................... 173,000 Undwrwtg. Profit/Loss...............................-34,000 Investment Income...................................... 47,000

Underwriting Result

Growth Rate (DPW)................................... 23.33 Growth Rate (NPW)................................... 29.67 % of Market (NPW)............................................ Earned Loss Ratio..................................... 56.84 Total Expense Ratio.................................. 49.12 Combined Loss & Exp. Ratio.................. 105.96 Return on Equity........................................-3.11

2016: -$34,000 2015: -$247,000 2014: 2013: -$558,000 2012: -$146,000

-$87,000

2017 STATISTICAL GUIDE

143

TD Direct Insurance Inc.

D-CA Kenneth W. Lalonde, President and Chief Executive Officer Vice Chairman of the Board 320 Front Street West, 3rd Floor (514) 384-1112 Fax: (514) 385-2162 www.tdinsurance.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................................. 0 Net Premiums Written.......................................... 0 Net Premiums Earned.......................................... 0 Net Claims & Adj Exp........................................... 0 Commissions........................................................ 0 Taxes.................................................................... 0 General Expenses....................................... 19,000 Undwrwtg. Profit/Loss...............................-19,000 Investment Income.................................... 322,000

Underwriting Result

2016: -$19,000 2015: -$21,000 2014: -$20,000 2013: -$21,000 2012: -$19,000

TD General Insurance Company

D-CA

Kenneth W. Lalonde, President and Chief Executive Officer Vice Chairman of the Board 320 Front Street West, 3rd Floor (514) 384-1112 Fax: (514) 385-2162 www.tdinsurance.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 117,512,000 103,883,000 56,789,000 54.70 Prop. - Total............................ 117,512,000 103,883,000 56,789,000 54.70 Auto. - Liability........................ 133,060,000 125,018,000 88,199,000 70.50 Auto. - Pers. Acc..................... 44,774,000 43,100,000 53,227,000 123.50 Auto. - Other............................ 60,916,000 57,241,000 52,127,000 91.10 Auto. - Total............................. 238,750,000 225,359,000 193,553,000 85.90 Liability.................................... 1,742,000 1,742,000 1,213,000 69.60 ——————— ——————— ——————— ————— Total 2016............................... 358,004,000 330,984,000 251,555,000 76.00 Total 2015................................ 219,469,000 128,141,000 99,464,000 77.62 Total 2014................................ 105,967,000 118,580,000 88,881,000 74.95 Total 2013................................ 129,090,000 145,846,000 169,146,000 115.98 Total 2012................................ 158,868,000 180,748,000 178,329,000 98.66

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 363,434,000 Reinsurance Assumed....................... 293,836,000 Reinsurance Ceded............................ 299,266,000 Net Premiums Written........................ 358,004,000 Net Premiums Earned........................ 330,984,000 Net Claims & Adj Exp......................... 251,555,000 Commissions........................................ 62,124,000 Taxes...................................................... 8,762,000 General Expenses................................ 32,117,000 Undwrwtg. Profit/Loss........................-23,574,000 Investment Income............................... 15,598,000

Growth Rate (DPW)................................... 62.89 Growth Rate (NPW)................................... 63.12 % of Market (NPW)..................................... 0.78 Earned Loss Ratio..................................... 76.00 Total Expense Ratio.................................. 31.12 Combined Loss & Exp. Ratio.................. 107.12 Return on Equity........................................-2.31

Underwriting Result

2016: -$23,574,000 2015: -$6,676,000 2014: +$364,000 2013: -$58,612,000 2012: -$37,714,000

TD Home and Auto Insurance Company

D-CA

Kenneth W. Lalonde, President and Chief Executive Officer Vice Chairman of the Board 320 Front Street West, 3rd Floor (514) 384-1112 Fax: (514) 385-2162 www.tdinsurance.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 19,833,000 35,964,000 16,428,000 45.70 Prop. - Total............................ 19,833,000 35,964,000 16,428,000 45.70 Auto. - Liability........................ 19,927,000 43,282,000 14,177,000 32.80 Auto. - Pers. Acc..................... 608,000 14,923,000 14,942,000 100.10 Auto. - Other............................ 12,165,000 19,815,000 15,806,000 79.80 Auto. - Total............................. 32,700,000 78,020,000 44,925,000 57.60 Liability.................................... 604,000 604,000 188,000 31.10 ——————— ——————— ——————— ————— Total 2016............................... 53,137,000 114,588,000 61,541,000 53.71 Total 2015................................ 240,541,000 343,448,000 273,470,000 79.62 Total 2014................................ 379,544,000 387,308,000 321,028,000 82.89 Total 2013................................ 382,800,000 365,595,000 367,880,000 100.63 Total 2012................................ 349,762,000 331,182,000 272,315,000 82.23

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 56,730,000 Reinsurance Assumed....................... 110,136,000 Reinsurance Ceded............................ 113,729,000 Net Premiums Written.......................... 53,137,000 Net Premiums Earned........................ 114,588,000 Net Claims & Adj Exp........................... 61,541,000 Commissions........................................ 24,118,000 Taxes...................................................... 2,616,000 General Expenses.................................. 6,453,000 Undwrwtg. Profit/Loss......................... 19,860,000 Investment Income............................... 23,355,000

Underwriting Result

Growth Rate (DPW)..................................-77.20 Growth Rate (NPW)..................................-77.91 % of Market (NPW)..................................... 0.12 Earned Loss Ratio..................................... 53.71 Total Expense Ratio.................................. 28.96 Combined Loss & Exp. Ratio.................... 82.67 Return on Equity....................................... 12.93

2016: +$19,860,000 2015: -$25,829,000 2014: -$29,824,000 2013: -$90,928,000 2012: -$14,774,000

144

Canadian Underwriter

Technology Insurance Company, Inc.

B-US

2100 - 40 King St. W. (416) 869-5300 Fax: (416) 360-8877

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Auto. - Liability........................ 4,047,000 4,501,000 3,011,000 66.90 Direct Premiums Written...................... 12,837,000 Growth Rate (DPW)....................................-7.78 Auto. - Total............................. 4,047,000 4,501,000 3,011,000 66.90 Reinsurance Assumed.............................. 414,000 Growth Rate (NPW)....................................-2.39 ——————— ——————— ——————— ————— Reinsurance Ceded................................ 9,204,000 % of Market (NPW)..................................... 0.01 Total 2016............................... 4,047,000 4,501,000 3,011,000 66.90 Net Premiums Written............................ 4,047,000 Earned Loss Ratio..................................... 66.90 Total 2015................................ 4,146,000 2,185,000 1,722,000 78.81 Total Expense Ratio.................................... 6.84 Total 2014................................ Net Premiums Earned............................ 4,501,000 Net Claims & Adj Exp............................. 3,011,000 Combined Loss & Exp. Ratio.................... 73.74 Total 2013................................ Return on Equity......................................... 8.85 Total 2012................................ Commissions............................................-741,000 Taxes......................................................... 402,000 General Expenses..................................... 647,000 Undwrwtg. Profit/Loss........................... 1,053,000 Investment Income.................................... 711,000 Underwriting Result

2016: +$1,053,000 2015: +$295,000 2014: 2013: 2012:

The Temple Insurance Company

B-EU

Philipp Wassenberg, President & Chief Executive Officer 390 Bay Street, 22nd Floor (416) 364-2851 Fax: (416) 361-1163 www.templeinsurance.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 71,884,000 50,985,000 40,449,000 79.30 Prop. - Total............................ 71,884,000 50,985,000 40,449,000 79.30 Aircraft..................................... 0 0 -145,000 0.00 Auto. - Liability........................ 0 0 104,000 0.00 Auto. - Total............................. 0 0 104,000 0.00 Boiler/Machinery excld............ 1,538,000 1,261,000 -2,503,000 -198.50 Credit....................................... 0 0 -9,000 0.00 Liability.................................... 79,156,000 77,067,000 46,039,000 59.70 Surety...................................... 0 0 -16,000 0.00 Accident & Sickness................ 0 0 -4,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 152,578,000 129,313,000 83,915,000 64.89 Total 2015................................ 103,606,000 104,949,000 76,074,000 72.49 Total 2014................................ 105,243,000 103,621,000 65,564,000 63.27 Total 2013................................ 102,198,000 102,425,000 68,541,000 66.92 Total 2012................................ 100,115,000 99,225,000 60,767,000 61.24

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 197,147,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 44,569,000 Net Premiums Written........................ 152,578,000 Net Premiums Earned........................ 129,313,000 Net Claims & Adj Exp........................... 83,915,000 Commissions........................................ 33,094,000 Taxes...................................................... 5,193,000 General Expenses................................ 11,825,000 Undwrwtg. Profit/Loss..........................-4,714,000 Investment Income............................... 14,947,000

Growth Rate (DPW)..................................... 9.04 Growth Rate (NPW)................................... 47.27 % of Market (NPW)..................................... 0.33 Earned Loss Ratio..................................... 64.89 Total Expense Ratio.................................. 38.75 Combined Loss & Exp. Ratio.................. 103.64 Return on Equity......................................... 4.09

Underwriting Result

2016: -$4,714,000 2015: -$10,253,000 2014: -$2,385,000 2013: +$247,000 2012: +$1,327,000

The Toa Reinsurance Company of America

R-Other

Caroline M. Kane, Sr. Vice President and Chief Agent in Canada 55 University Avenue, Suite 1700 PO Box 53 (416) 366-5888 Fax: (416) 366-7444 www.toare.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 6,837,000 6,756,000 7,062,000 104.50 Prop. - Commercial................. 6,695,000 6,761,000 10,548,000 156.00 Prop. - Total............................ 13,532,000 13,517,000 17,610,000 130.30 Auto. - Liability........................ 6,542,000 6,621,000 2,861,000 43.20 Auto. - Total............................. 6,542,000 6,621,000 2,861,000 43.20 Fidelity..................................... 36,000 36,000 -53,000 -147.20 Liability.................................... 7,633,000 8,213,000 2,206,000 26.90 Surety...................................... 0 0 -38,000 0.00 Marine...................................... 0 0 137,000 0.00 ——————— ——————— ——————— ————— Total 2016............................... 27,743,000 28,387,000 22,723,000 80.05 Total 2015................................ 30,371,000 29,994,000 18,642,000 62.15 Total 2014................................ 31,543,000 33,588,000 21,316,000 63.46 Total 2013................................ 43,956,000 44,356,000 36,923,000 83.24 Total 2012................................ 46,345,000 46,258,000 32,623,000 70.52

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................... 41,274,000 Reinsurance Ceded.............................. 13,531,000 Net Premiums Written.......................... 27,743,000 Net Premiums Earned.......................... 28,387,000 Net Claims & Adj Exp........................... 22,723,000 Commissions.......................................... 4,337,000 Taxes.................................................................... 0 General Expenses.................................. 3,717,000 Undwrwtg. Profit/Loss..........................-2,390,000 Investment Income................................. 5,306,000

Growth Rate (DPW)............................................ Growth Rate (NPW)....................................-8.65 % of Market (NPW)..................................... 0.06 Earned Loss Ratio..................................... 80.05 Total Expense Ratio.................................. 28.37 Combined Loss & Exp. Ratio.................. 108.42 Return on Equity......................................... 3.06

Underwriting Result

2016: -$2,390,000 2015: +$3,095,000 2014: +$2,922,000 2013: -$2,999,000 2012: +$3,131,000

2017 STATISTICAL GUIDE

145

The Tokio Marine and Nichido Fire Insurance Company, Limited

B-Other

Craig Pinnock, Chief Agent (Canada) 105 Adelaide Street East, 3rd Floor (416) 362-6584 Fax: (416) 860-9237 www.tokiomarine-nichido.co.jp Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 247,000 241,000 -5,000 -2.10 Prop. - Commercial................. 16,014,000 15,623,000 18,395,000 117.70 Prop. - Total............................ 16,261,000 15,864,000 18,390,000 115.90 Aircraft..................................... 5,658,000 5,710,000 2,343,000 41.00 Auto. - Liability........................ 4,549,000 4,545,000 1,781,000 39.20 Auto. - Pers. Acc..................... 2,146,000 2,041,000 2,213,000 108.40 Auto. - Other............................ 2,009,000 2,007,000 1,900,000 94.70 Auto. - Total............................. 8,704,000 8,593,000 5,894,000 68.60 Boiler/Machinery excld............ 222,000 239,000 0 0.00 Fidelity..................................... 129,000 124,000 -526,000 -424.20 Liability.................................... 3,739,000 3,521,000 3,598,000 102.20 Marine...................................... 521,000 653,000 -14,000 -2.10 ——————— ——————— ——————— ————— Total 2016............................... 35,234,000 34,704,000 29,685,000 85.54 Total 2015................................ 32,013,000 31,166,000 18,025,000 57.84 Total 2014................................ 32,292,000 29,962,000 13,957,000 46.58 Total 2013................................ 29,422,000 28,004,000 13,900,000 49.64 Total 2012................................ 27,303,000 27,534,000 13,596,000 49.38

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 35,270,000 Reinsurance Assumed........................... 9,366,000 Reinsurance Ceded................................ 9,402,000 Net Premiums Written.......................... 35,234,000 Net Premiums Earned.......................... 34,704,000 Net Claims & Adj Exp........................... 29,685,000 Commissions.......................................... 4,213,000 Taxes...................................................... 1,265,000 General Expenses.................................. 6,686,000 Undwrwtg. Profit/Loss..........................-7,135,000 Investment Income.................................... 841,000

Growth Rate (DPW)................................... 12.29 Growth Rate (NPW)................................... 10.06 % of Market (NPW)..................................... 0.08 Earned Loss Ratio..................................... 85.54 Total Expense Ratio.................................. 35.05 Combined Loss & Exp. Ratio.................. 120.59 Return on Equity........................................-6.91

Underwriting Result

2016: -$7,135,000 2015: +$1,953,000 2014: +$5,414,000 2013: +$4,281,000 2012: +$4,058,000

Traders General Insurance Company

B-EU

C. Wesley M. Scott, Chairman 2206 Eglinton Ave East 416-288-1800 Fax: 416-288-9756 www.avivacanada.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 95,635,000 93,913,000 56,342,000 60.00 Prop. - Commercial................. 55,254,000 55,950,000 37,286,000 66.60 Prop. - Total............................ 150,889,000 149,863,000 93,628,000 62.50 Auto. - Liability........................ 102,632,000 101,008,000 57,625,000 57.00 Auto. - Pers. Acc..................... 43,525,000 43,802,000 32,363,000 73.90 Auto. - Other............................ 71,636,000 71,093,000 55,803,000 78.50 Auto. - Total............................. 217,793,000 215,903,000 145,791,000 67.50 Boiler/Machinery excld............ 4,404,000 4,282,000 1,381,000 32.30 Fidelity..................................... 88,000 88,000 24,000 27.30 Liability.................................... 34,780,000 34,970,000 14,021,000 40.10 Surety...................................... 9,314,000 8,586,000 901,000 10.50 Marine...................................... 4,851,000 4,706,000 2,629,000 55.90 Accident & Sickness................ 84,000 81,000 44,000 54.30 ——————— ——————— ——————— ————— Total 2016............................... 422,203,000 418,479,000 258,419,000 61.75 Total 2015................................ 414,138,000 410,849,000 265,735,000 64.68 Total 2014................................ 409,532,000 398,074,000 269,478,000 67.70 Total 2013................................ 392,545,000 402,281,000 257,428,000 63.99 Total 2012................................ 408,636,000 407,594,000 257,073,000 63.07

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 452,637,000 Reinsurance Assumed....................... 180,891,000 Reinsurance Ceded............................ 211,325,000 Net Premiums Written........................ 422,203,000 Net Premiums Earned........................ 418,479,000 Net Claims & Adj Exp......................... 258,419,000 Commissions........................................ 75,479,000 Taxes.................................................... 16,050,000 General Expenses................................ 46,002,000 Undwrwtg. Profit/Loss......................... 22,529,000 Investment Income...................................-851,000

Growth Rate (DPW)..................................... 0.92 Growth Rate (NPW)..................................... 1.95 % of Market (NPW)..................................... 0.92 Earned Loss Ratio..................................... 61.75 Total Expense Ratio.................................. 32.86 Combined Loss & Exp. Ratio.................... 94.61 Return on Equity....................................... 10.82

Underwriting Result

2016: +$22,529,000 2015: +$15,693,000 2013: +$27,257,000 2012: +$31,760,000

2014: +$5,630,000

Trafalgar Insurance Company of Canada

B-CA

Claude Dussault, Chairman 700 University Avenue, Suite 1500-A (877) 341-1464 Fax: (416) 941-5322 www.intact.ca; www.greypower.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 96,072,000 92,355,000 51,422,000 55.70 Prop. - Commercial................. 42,043,000 43,732,000 25,622,000 58.60 Prop. - Total............................ 138,115,000 136,087,000 77,044,000 56.60 Aircraft..................................... 0 0 2,000 0.00 Auto. - Liability........................ 107,334,000 106,519,000 72,865,000 68.40 Auto. - Pers. Acc..................... 38,182,000 36,525,000 31,369,000 85.90 Auto. - Other............................ 76,105,000 75,546,000 56,901,000 75.30 Auto. - Total............................. 221,621,000 218,590,000 161,135,000 73.70 Boiler/Machinery excld............ 2,099,000 2,147,000 493,000 23.00 Fidelity..................................... 58,000 67,000 1,000 1.50 Hail.......................................... 0 2,000 0 0.00 Legal Expense......................... 353,000 328,000 328,000 100.00 Liability.................................... 13,466,000 13,847,000 6,542,000 47.20 Surety...................................... 4,513,000 4,614,000 479,000 10.40 Marine...................................... 1,619,000 1,538,000 560,000 36.40 ——————— ——————— ——————— ————— Total 2016............................... 381,844,000 377,220,000 246,584,000 65.37 Total 2015................................ 362,561,000 351,797,000 221,504,000 62.96 Total 2014................................ 338,463,000 339,879,000 220,843,000 64.98 Total 2013................................ 343,864,000 331,524,000 221,578,000 66.84 Total 2012................................ 283,719,000 307,435,000 191,044,000 62.14 146

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 6,015,000 Reinsurance Assumed....................... 376,221,000 Reinsurance Ceded................................... 392,000 Net Premiums Written........................ 381,844,000 Net Premiums Earned........................ 377,220,000 Net Claims & Adj Exp......................... 246,584,000 Commissions........................................ 63,480,000 Taxes.................................................... 14,260,000 General Expenses................................ 43,709,000 Undwrwtg. Profit/Loss......................... 14,358,000 Investment Income............................... 21,865,000

Underwriting Result

Growth Rate (DPW)..................................-91.27 Growth Rate (NPW)..................................... 5.32 % of Market (NPW)..................................... 0.83 Earned Loss Ratio..................................... 65.37 Total Expense Ratio.................................. 32.20 Combined Loss & Exp. Ratio.................... 97.57 Return on Equity....................................... 13.58

2016: +$14,358,000 2015: +$21,887,000 2013: +$6,068,000 2012: +$19,404,000

2014: +$15,890,000

Transatlantic Reinsurance Company

R-US

Cameron MacDonald, Senior Vice-President, Chief Agent in Canada 95 Wellington St. West, Suite 1110 (416) 649-5300 Fax: (416) 971-8782 www.transre.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 10,736,000 9,388,000 7,237,000 77.10 Prop. - Commercial................. 50,512,000 50,811,000 111,372,000 219.20 Prop. - Total............................ 61,248,000 60,199,000 118,609,000 197.00 Aircraft..................................... 277,000 200,000 88,000 44.00 Auto. - Liability........................ 10,306,000 9,935,000 -8,559,000 -86.10 Auto. - Other............................ 120,000 97,000 61,000 62.90 Auto. - Total............................. 10,426,000 10,032,000 -8,498,000 -84.70 Boiler/Machinery excld............ 404,000 437,000 130,000 29.70 Credit....................................... -22,000 -22,000 -59,000 268.20 Fidelity..................................... -20,000 17,000 -128,000 -752.90 Liability.................................... 12,639,000 12,273,000 10,764,000 87.70 Surety...................................... 10,579,000 10,378,000 1,321,000 12.70 Marine...................................... 364,000 364,000 65,000 17.90 Accident & Sickness................ 161,000 157,000 136,000 86.60 ——————— ——————— ——————— ————— Total 2016............................... 96,056,000 94,035,000 122,428,000 130.19 Total 2015................................ 92,191,000 95,156,000 39,588,000 41.60 Total 2014................................ 95,740,000 91,874,000 38,768,000 42.20 Total 2013................................ 84,998,000 89,051,000 73,589,000 82.64 Total 2012................................ 103,318,000 109,661,000 90,751,000 82.76

2016 Underwriting Performance Summary %

Direct Premiums Written...................................... 0 Reinsurance Assumed......................... 97,379,000 Reinsurance Ceded................................ 1,323,000 Net Premiums Written.......................... 96,056,000 Net Premiums Earned.......................... 94,035,000 Net Claims & Adj Exp......................... 122,428,000 Commissions........................................ 17,506,000 Taxes......................................................... 101,000 General Expenses.................................. 6,102,000 Undwrwtg. Profit/Loss........................-52,102,000 Investment Income............................... 14,782,000

Growth Rate (DPW)............................................ Growth Rate (NPW)..................................... 4.19 % of Market (NPW)..................................... 0.21 Earned Loss Ratio................................... 130.19 Total Expense Ratio.................................. 25.21 Combined Loss & Exp. Ratio.................. 155.40 Return on Equity........................................-8.05

Underwriting Result

2016: -$52,102,000 2015: +$28,926,000 2013: -$9,981,000 2012: -$7,578,000

2014: +$28,269,000

Travelers - Group

DOMINION OF CANADA GENERAL INSURANCE COMPANY (THE) ST. PAUL FIRE AND MARINE INSURANCE COMPANY TRAVELERS INSURANCE COMPANY OF CANADA

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 302,055,000 295,110,000 190,865,000 64.70 Prop. - Commercial................. 165,394,000 165,896,000 160,810,000 96.90 Prop. - Total............................ 467,449,000 461,006,000 351,675,000 76.30 Aircraft..................................... 0 0 -2,000 0.00 Auto. - Liability........................ 369,764,000 359,937,000 200,786,000 55.80 Auto. - Pers. Acc..................... 165,230,000 164,271,000 107,657,000 65.50 Auto. - Other............................ 175,260,000 171,441,000 110,428,000 64.40 Auto. - Total............................. 710,254,000 695,649,000 418,871,000 60.20 Boiler/Machinery excld............ 3,016,000 2,769,000 -1,958,000 -70.70 Fidelity..................................... 9,849,000 9,934,000 3,127,000 31.50 Liability.................................... 162,507,000 158,828,000 102,718,000 64.70 Surety...................................... 69,978,000 72,597,000 2,708,000 3.70 Title.......................................... 0 0 35,000 0.00 Marine...................................... 9,870,000 9,796,000 3,330,000 34.00 ——————— ——————— ——————— ————— Total 2016............................... 1,432,923,000 1,410,579,000 880,504,000 62.42 Total 2015................................ 1,409,657,000 1,434,030,000 861,953,000 60.11 Total 2014................................ 1,452,587,000 1,489,993,000 1,001,821,000 67.24 Total 2013................................ 1,441,421,000 1,448,864,000 958,573,000 66.16 Total 2012................................ 1,474,758,000 1,491,918,000 967,325,000 64.84

Heather M. Masterson, President and CEO 165 University Avenue 416-362-7231 Fax: 416-362-9918 www.travelerscanada.ca

2016 Underwriting Performance Summary %

Direct Premiums Written................. 1,496,438,000 Reinsurance Assumed......................... 15,672,000 Reinsurance Ceded.............................. 79,187,000 Net Premiums Written..................... 1,432,923,000 Net Premiums Earned..................... 1,410,579,000 Net Claims & Adj Exp......................... 880,504,000 Commissions...................................... 255,522,000 Taxes.................................................... 50,231,000 General Expenses.............................. 278,405,000 Undwrwtg. Profit/Loss........................-40,241,000 Investment Income............................. 101,106,000

Growth Rate (DPW)..................................... 0.69 Growth Rate (NPW)..................................... 1.65 % of Market (NPW)..................................... 3.12 Earned Loss Ratio..................................... 62.42 Total Expense Ratio.................................. 41.41 Combined Loss & Exp. Ratio.................. 103.83 Return on Equity......................................... 2.81

Underwriting Result

2016: -$40,241,000 2015: +$17,000,000 2013: -$43,433,000 2012: +$8,606,000

2014: -$45,754,000

Travelers Insurance Company of Canada

B-US

Heather M. Masterson, President and CEO 165 University Avenue (416) 362-7231 Fax: (416) 362-9918 www.travelerscanada.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 15,519,000 11,730,000 1,460,000 12.40 Prop. - Commercial................. 26,351,000 25,324,000 28,068,000 110.80 Prop. - Total............................ 41,870,000 37,054,000 29,528,000 79.70 Auto. - Liability........................ 12,673,000 10,910,000 7,799,000 71.50 Auto. - Pers. Acc..................... 2,772,000 2,324,000 237,000 10.20 Auto. - Other............................ 4,452,000 3,860,000 3,646,000 94.50 Auto. - Total............................. 19,897,000 17,094,000 11,682,000 68.30 Boiler/Machinery excld............ 1,380,000 1,193,000 75,000 6.30 Fidelity..................................... 8,716,000 8,819,000 2,916,000 33.10 Liability.................................... 54,230,000 50,941,000 22,897,000 44.90 Surety...................................... 66,045,000 68,969,000 2,493,000 3.60 Title.......................................... 0 0 35,000 0.00 Marine...................................... 1,824,000 1,644,000 272,000 16.50 ——————— ——————— ——————— ————— Total 2016............................... 193,962,000 185,714,000 69,898,000 37.64 Total 2015................................ 180,500,000 160,879,000 52,025,000 32.34 Total 2014................................ 158,121,000 140,219,000 46,018,000 32.82 Total 2013................................ 120,875,000 121,327,000 -4,955,000 -4.08 Total 2012................................ 112,619,000 122,721,000 15,139,000 12.34

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 218,602,000 Reinsurance Assumed........................... 9,285,000 Reinsurance Ceded.............................. 33,925,000 Net Premiums Written........................ 193,962,000 Net Premiums Earned........................ 185,714,000 Net Claims & Adj Exp........................... 69,898,000 Commissions........................................ 32,444,000 Taxes...................................................... 7,778,000 General Expenses................................ 55,016,000 Undwrwtg. Profit/Loss......................... 22,652,000 Investment Income............................... 15,127,000

Underwriting Result

Growth Rate (DPW)..................................... 1.40 Growth Rate (NPW)..................................... 7.46 % of Market (NPW)..................................... 0.42 Earned Loss Ratio..................................... 37.64 Total Expense Ratio.................................. 51.28 Combined Loss & Exp. Ratio.................... 88.92 Return on Equity......................................... 7.14

2016: +$22,652,000 2015: +$25,712,000 2013: +$64,114,000 2012: +$55,092,000

2014: +$14,885,000

2017 STATISTICAL GUIDE

147

Trillium Mutual Insurance Co.

B-CA

Joseph Dietrich, President & CEO 495 Mitchell Road South (519) 291-9300 Fax: (519) 291-1800 www.trilliummutual.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 22,738,000 21,485,000 11,758,000 54.70 Prop. - Commercial................. 2,998,000 2,846,000 2,511,000 88.20 Prop. - Total............................ 25,736,000 24,331,000 14,269,000 58.60 Auto. - Liability........................ 7,287,000 7,050,000 3,564,000 50.60 Auto. - Pers. Acc..................... 3,739,000 3,642,000 2,374,000 65.20 Auto. - Other............................ 4,025,000 3,838,000 5,722,000 149.10 Auto. - Total............................. 15,051,000 14,530,000 11,660,000 80.20 Liability.................................... 4,202,000 4,021,000 1,513,000 37.60 Accident & Sickness................ 45,000 43,000 14,000 32.60 ——————— ——————— ——————— ————— Total 2016............................... 45,034,000 42,925,000 27,456,000 63.96 Total 2015................................ 41,294,000 38,997,000 18,049,000 46.28 Total 2014................................ 37,114,000 35,950,000 24,192,000 67.29 Total 2013................................ 34,466,000 34,139,000 16,706,000 48.94 Total 2012................................ 32,744,000 32,528,000 12,712,000 39.08

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 49,398,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 4,364,000 Net Premiums Written.......................... 45,034,000 Net Premiums Earned.......................... 42,925,000 Net Claims & Adj Exp........................... 27,456,000 Commissions.......................................... 8,633,000 Taxes......................................................... 132,000 General Expenses.................................. 9,041,000 Undwrwtg. Profit/Loss..........................-1,702,000 Investment Income................................. 3,393,000

Growth Rate (DPW)..................................... 9.78 Growth Rate (NPW)..................................... 9.06 % of Market (NPW)....................................... 0.1 Earned Loss Ratio..................................... 63.96 Total Expense Ratio.................................. 41.48 Combined Loss & Exp. Ratio.................. 105.44 Return on Equity......................................... 2.33

Underwriting Result

2016: -$1,702,000 2015: +$4,698,000 2014: -$1,855,000 2013: +$3,020,000 2012: +$5,942,000

Trisura Guarantee Insurance Company

B-CA

Mike George, President & Chief Executive Officer 333 Bay Street, Suite 1610, Box 22 (416) 214-2555 Fax: (416) 214-9597 www.trisura.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 436,000 469,000 73,000 15.60 Prop. - Total............................ 436,000 469,000 73,000 15.60 Boiler/Machinery excld............ 3,677,000 3,677,000 172,000 4.70 - Equipment Warranty............. 23,754,000 14,022,000 13,888,000 99.00 Credit Protection..................... 1,175,000 132,000 31,000 23.50 Fidelity..................................... 2,054,000 2,174,000 97,000 4.50 Liability.................................... 23,300,000 21,945,000 4,380,000 20.00 Surety...................................... 31,417,000 29,687,000 3,691,000 12.40 Accident & Sickness................ 1,373,000 270,000 64,000 23.70 ——————— ——————— ——————— ————— Total 2016............................... 87,186,000 72,376,000 22,396,000 30.94 Total 2015................................ 72,159,000 64,595,000 13,177,000 20.40 Total 2014................................ 63,423,000 55,501,000 9,653,000 17.39 Total 2013................................ 55,502,000 47,881,000 11,146,000 23.28 Total 2012................................ 46,334,000 40,612,000 11,651,000 28.69

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 124,298,000 Reinsurance Assumed.............................. 504,000 Reinsurance Ceded.............................. 37,616,000 Net Premiums Written.......................... 87,186,000 Net Premiums Earned.......................... 72,376,000 Net Claims & Adj Exp........................... 22,396,000 Commissions........................................ 22,348,000 Taxes...................................................... 3,591,000 General Expenses................................ 21,151,000 Undwrwtg. Profit/Loss........................... 5,959,000 Investment Income.................................... 988,000

Growth Rate (DPW)................................... 19.63 Growth Rate (NPW)................................... 20.82 % of Market (NPW)..................................... 0.19 Earned Loss Ratio..................................... 30.94 Total Expense Ratio.................................. 65.06 Combined Loss & Exp. Ratio.................... 96.00 Return on Equity......................................... 8.39

Underwriting Result

2016: +$5,959,000 2015: +$9,434,000 2014: +$7,857,000 2013: +$5,768,000 2012: +$4,502,000

Triton Insurance Company

D-US Henryka A. Anderson, Chief Agent 355 Wellington Street (519) 672-1070 www.citifinancial.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 11,863,000 9,906,000 5,522,000 55.70 Prop. - Total............................ 11,863,000 9,906,000 5,522,000 55.70 Fidelity..................................... 46,000 46,000 0 0.00 Liability.................................... 0 0 10,000 0.00 Accident & Sickness................ 32,686,000 35,508,000 13,979,000 39.40 ——————— ——————— ——————— ————— Total 2016............................... 44,595,000 45,460,000 19,511,000 42.92 Total 2015................................ 37,228,000 39,936,000 12,021,000 30.10 Total 2014................................ 36,445,000 38,935,000 8,451,000 21.71 Total 2013................................ 40,874,000 41,100,000 8,122,000 19.76 Total 2012................................ 44,424,000 43,564,000 9,303,000 21.35

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 44,595,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................................. 0 Net Premiums Written.......................... 44,595,000 Net Premiums Earned.......................... 45,460,000 Net Claims & Adj Exp........................... 19,511,000 Commissions........................................................ 0 Taxes...................................................... 1,297,000 General Expenses................................ 20,532,000 Undwrwtg. Profit/Loss........................... 4,120,000 Investment Income................................. 6,768,000

Underwriting Result

Growth Rate (DPW)................................... 19.79 Growth Rate (NPW)................................... 19.79 % of Market (NPW)....................................... 0.1 Earned Loss Ratio..................................... 42.92 Total Expense Ratio.................................. 48.02 Combined Loss & Exp. Ratio.................... 90.94 Return on Equity......................................... 7.71

2016: +$4,120,000 2015: +$21,158,000 2013: +$27,239,000 2012: +$28,420,000

148

Canadian Underwriter

2014: +$25,314,000

Unica Insurance Incorporated

B-CA

Martin Delage, President & COO 7150 Derrycrest Drive (905) 677-9777 Fax: (905) 696-3660 UnicaInsurance.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 33,669,000 33,439,000 19,472,000 58.20 Prop. - Commercial................. 10,789,000 10,630,000 3,926,000 36.90 Prop. - Total............................ 44,458,000 44,069,000 23,398,000 53.10 Auto. - Liability........................ 29,987,000 31,390,000 19,238,000 61.30 Auto. - Pers. Acc..................... 5,657,000 7,833,000 6,773,000 86.50 Auto. - Other............................ 27,421,000 29,300,000 24,471,000 83.50 Auto. - Total............................. 63,065,000 68,523,000 50,482,000 73.70 Legal Expense......................... 689,000 689,000 353,000 51.20 Liability.................................... 3,529,000 3,627,000 2,573,000 70.90 Surety...................................... 804,000 804,000 133,000 16.50 ——————— ——————— ——————— ————— Total 2016............................... 112,545,000 117,712,000 76,939,000 65.36 Total 2015................................ 118,841,000 116,891,000 76,008,000 65.02 Total 2014................................ 107,643,000 107,177,000 71,814,000 67.01 Total 2013................................ 93,495,000 96,787,000 64,828,000 66.98 Total 2012................................ 88,080,000 97,920,000 59,823,000 61.09

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 119,758,000 Reinsurance Assumed......................... 82,295,000 Reinsurance Ceded.............................. 89,508,000 Net Premiums Written........................ 112,545,000 Net Premiums Earned........................ 117,712,000 Net Claims & Adj Exp........................... 76,939,000 Commissions........................................ 19,849,000 Taxes...................................................... 3,882,000 General Expenses................................ 15,028,000 Undwrwtg. Profit/Loss........................... 4,279,000 Investment Income................................. 7,267,000

Growth Rate (DPW)....................................-4.83 Growth Rate (NPW)....................................-5.30 % of Market (NPW)..................................... 0.24 Earned Loss Ratio..................................... 65.36 Total Expense Ratio.................................. 32.93 Combined Loss & Exp. Ratio.................... 98.29 Return on Equity......................................... 7.97

Underwriting Result

2016: +$4,279,000 2015: +$3,430,000 2014: -$480,000 2013: -$3,084,000 2012: +$4,084,000

Unifund Assurance Company

D-EU

John Asher, Senior Vice President & Chief Financial Officer Fort William Building 10 Factory Lane, 6th Floor 709-737-1500 Fax: (709) 737-1580 www.unifund.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 270,162,000 271,234,000 136,552,000 50.30 Prop. - Total............................ 270,162,000 271,234,000 136,552,000 50.30 Auto. - Liability........................ 304,531,000 311,115,000 170,051,000 54.70 Auto. - Pers. Acc..................... 120,435,000 124,811,000 90,578,000 72.60 Auto. - Other............................ 179,762,000 182,766,000 139,398,000 76.30 Auto. - Total............................. 604,728,000 618,692,000 400,027,000 64.70 ——————— ——————— ——————— ————— Total 2016............................... 874,890,000 889,926,000 536,579,000 60.29 Total 2015................................ 915,349,000 933,704,000 584,601,000 62.61 Total 2014................................ 940,566,000 943,463,000 798,842,000 84.67 Total 2013................................ 947,168,000 936,485,000 736,911,000 78.69 Total 2012................................ 928,054,000 906,858,000 793,581,000 87.51

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 896,520,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 21,630,000 Net Premiums Written........................ 874,890,000 Net Premiums Earned........................ 889,926,000 Net Claims & Adj Exp......................... 536,579,000 Commissions...................................... 187,707,000 Taxes.................................................... 32,773,000 General Expenses.................................. 7,355,000 Undwrwtg. Profit/Loss....................... 125,512,000 Investment Income............................... 33,766,000

Underwriting Result

2016: +$125,512,000 2013: -$44,797,000

Growth Rate (DPW)....................................-4.38 Growth Rate (NPW)....................................-4.42 % of Market (NPW)....................................... 1.9 Earned Loss Ratio..................................... 60.29 Total Expense Ratio.................................. 25.60 Combined Loss & Exp. Ratio.................... 85.89 Return on Equity....................................... 23.69

2015: +$114,178,000 2012: -$129,307,000

L’Unique Assurances Générales inc.

2014: -$93,320,000

B-CA

Mario Cusson, President & COO 625 rue Jacques Parizeau (418) 780-3408 Fax: (418) 780-3409 www.lunique.qc.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 60,100,000 57,625,000 34,225,000 59.40 Prop. - Commercial................. 22,955,000 21,304,000 9,663,000 45.40 Prop. - Total............................ 83,055,000 78,929,000 43,888,000 55.60 Auto. - Liability........................ 46,746,000 44,178,000 26,244,000 59.40 Auto. - Pers. Acc..................... 5,163,000 5,083,000 3,934,000 77.40 Auto. - Other............................ 53,643,000 50,034,000 40,625,000 81.20 Auto. - Total............................. 105,552,000 99,295,000 70,803,000 71.30 Legal Expense......................... 1,079,000 1,079,000 561,000 52.00 Liability.................................... 2,712,000 2,712,000 1,837,000 67.70 Surety...................................... 2,874,000 2,377,000 434,000 18.30 ——————— ——————— ——————— ————— Total 2016............................... 195,272,000 184,392,000 117,523,000 63.74 Total 2015................................ 173,092,000 175,222,000 107,826,000 61.54 Total 2014................................ 175,853,000 159,765,000 103,158,000 64.57 Total 2013................................ 157,494,000 142,897,000 92,660,000 64.84 Total 2012................................ 141,302,000 126,227,000 74,791,000 59.25

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 202,975,000 Reinsurance Assumed....................... 117,926,000 Reinsurance Ceded............................ 125,629,000 Net Premiums Written........................ 195,272,000 Net Premiums Earned........................ 184,392,000 Net Claims & Adj Exp......................... 117,523,000 Commissions........................................ 30,101,000 Taxes...................................................... 6,691,000 General Expenses................................ 27,318,000 Undwrwtg. Profit/Loss........................... 5,097,000 Investment Income................................. 5,934,000

Growth Rate (DPW)................................... 12.20 Growth Rate (NPW)................................... 12.81 % of Market (NPW)..................................... 0.42 Earned Loss Ratio..................................... 63.74 Total Expense Ratio.................................. 34.77 Combined Loss & Exp. Ratio.................... 98.51 Return on Equity....................................... 11.88

Underwriting Result

2016: +$5,097,000 2015: +$7,869,000 2014: +$1,081,000 2013: -$2,134,000 2012: +$6,278,000

2017 STATISTICAL GUIDE

149

Virginia Surety Company Inc.

B-US

Matthew Cook, Chief Agent 34 King St. East, Suite 1200 (416) 361-1728 www.thewarrantygroup.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 0 1,383,000 368,000 26.60 Prop. - Total............................ 0 1,383,000 368,000 26.60 - Equipment Warranty............. 878,000 1,239,000 311,000 25.10 Liability.................................... 1,359,000 11,377,000 12,272,000 107.90 ——————— ——————— ——————— ————— Total 2016............................... 2,237,000 13,999,000 12,951,000 92.51 Total 2015................................ 20,597,000 14,047,000 11,660,000 83.01 Total 2014................................ 18,571,000 13,051,000 10,890,000 83.44 Total 2013................................ 18,129,000 10,456,000 10,808,000 103.37 Total 2012................................ 13,785,000 7,746,000 6,946,000 89.67

2016 Underwriting Performance Summary %

Direct Premiums Written........................ 4,101,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................ 1,864,000 Net Premiums Written............................ 2,237,000 Net Premiums Earned.......................... 13,999,000 Net Claims & Adj Exp........................... 12,951,000 Commissions............................................-466,000 Taxes......................................................... 129,000 General Expenses.................................. 1,668,000 Undwrwtg. Profit/Loss.............................-283,000 Investment Income.................................... 962,000

Growth Rate (DPW)..................................-83.86 Growth Rate (NPW)..................................-89.14 % of Market (NPW)............................................ Earned Loss Ratio..................................... 92.51 Total Expense Ratio.................................... 9.51 Combined Loss & Exp. Ratio.................. 102.02 Return on Equity......................................... 3.53

Underwriting Result

2016: -$283,000 2015: -$1,295,000 2014: -$795,000 2013: -$3,234,000 2012: -$749,000

Waterloo Insurance Company

B-CA

Rowan Saunders, President and Chief Executive Officer 111 Westmount Rd. South, PO Box 2000 (519) 570-8500 Fax: (519) 570-8389 www.economical.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 14,702,000 14,525,000 8,956,000 61.70 Prop. - Commercial................. 12,402,000 12,347,000 8,918,000 72.20 Prop. - Total............................ 27,104,000 26,872,000 17,874,000 66.50 Auto. - Liability........................ 22,277,000 21,397,000 16,584,000 77.50 Auto. - Pers. Acc..................... 9,882,000 9,330,000 6,601,000 70.80 Auto. - Other............................ 16,797,000 16,125,000 12,159,000 75.40 Auto. - Total............................. 48,956,000 46,852,000 35,344,000 75.40 Fidelity..................................... 90,000 90,000 15,000 16.70 Liability.................................... 6,200,000 6,263,000 3,839,000 61.30 Surety...................................... 60,000 64,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 82,410,000 80,141,000 57,072,000 71.21 Total 2015................................ 79,311,000 78,094,000 50,117,000 64.18 Total 2014................................ 76,953,000 75,620,000 53,163,000 70.30 Total 2013................................ 73,911,000 72,502,000 48,359,000 66.70 Total 2012................................ 70,636,000 68,274,000 41,737,000 61.13

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 201,417,000 Reinsurance Assumed......................... 74,299,000 Reinsurance Ceded............................ 193,306,000 Net Premiums Written.......................... 82,410,000 Net Premiums Earned.......................... 80,141,000 Net Claims & Adj Exp........................... 57,072,000 Commissions........................................ 15,220,000 Taxes...................................................... 2,842,000 General Expenses................................ 12,789,000 Undwrwtg. Profit/Loss..........................-6,755,000 Investment Income................................. 5,901,000

Growth Rate (DPW)................................... 20.57 Growth Rate (NPW)..................................... 3.91 % of Market (NPW)..................................... 0.18 Earned Loss Ratio..................................... 71.21 Total Expense Ratio.................................. 38.50 Combined Loss & Exp. Ratio.................. 109.71 Return on Equity........................................-0.07

Underwriting Result

2016: -$6,755,000 2015: +$1,938,000 2014: -$2,232,000 2013: +$249,000 2012: +$2,869,000

The Wawanesa Mutual Insurance Company

B-CA

S.J. Goy, President & CEO 900-191 Broadway (204) 985-3923 Fax: (204) 942-7724 www.wawanesa.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 869,917,000 853,496,000 519,970,000 60.90 Prop. - Commercial................. 177,273,000 176,468,000 104,706,000 59.30 Prop. - Total............................ 1,047,190,000 1,029,964,000 624,676,000 60.70 Auto. - Liability........................ 806,691,000 811,858,000 734,029,000 90.40 Auto. - Pers. Acc..................... 200,285,000 205,064,000 324,128,000 158.10 Auto. - Other............................ 560,686,000 573,120,000 460,339,000 80.30 Auto. - Total............................. 1,567,662,000 1,590,042,000 1,518,496,000 95.50 Boiler/Machinery excld............ -7,000 -12,000 139,000 -1,158.30 Liability.................................... 49,753,000 47,462,000 13,983,000 29.50 ——————— ——————— ——————— ————— Total 2016............................... 2,187,241,000 2,151,695,000 1,682,419,000 78.19 Total 2015................................ 2,177,268,000 2,134,314,000 1,477,854,000 69.24 Total 2014................................ 2,070,278,000 2,045,854,000 1,584,024,000 77.43 Total 2013................................ 2,027,851,000 2,030,245,000 1,537,650,000 75.74 Total 2012................................ 2,083,019,000 2,039,766,000 1,501,258,000 73.60

150

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written................. 2,187,241,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded............................ 153,313,000 Net Premiums Written..................... 2,187,241,000 Net Premiums Earned..................... 2,151,695,000 Net Claims & Adj Exp...................... 1,682,419,000 Commissions...................................... 402,631,000 Taxes.................................................... 86,369,000 General Expenses.............................. 215,163,000 Undwrwtg. Profit/Loss......................-202,130,000 Investment Income............................. 272,130,000

Underwriting Result

Growth Rate (DPW)..................................... 0.46 Growth Rate (NPW)..................................... 0.76 % of Market (NPW)..................................... 4.76 Earned Loss Ratio..................................... 78.19 Total Expense Ratio.................................. 32.73 Combined Loss & Exp. Ratio.................. 110.92 Return on Equity......................................... 1.56

2016: -$202,130,000 2015: +$31,471,000 2013: -$92,814,000 2012: -$37,893,000

2014: -$111,738,000

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Western Assurance Company

B-EU

John Asher, Senior Vice President & Chief Financial Officer 18 York Street, Suite 800 (416) 366-7511 Fax: (416) 367-9869 www.rsagroup.ca Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 35,067,000 35,073,000 19,218,000 54.80 Prop. - Commercial................. 53,104,000 52,717,000 47,687,000 90.50 Prop. - Total............................ 88,171,000 87,790,000 66,905,000 76.20 Aircraft..................................... -5,000 -5,000 -36,000 720.00 Auto. - Liability........................ 41,491,000 39,755,000 23,094,000 58.10 Auto. - Pers. Acc..................... 11,662,000 11,699,000 17,896,000 153.00 Auto. - Other............................ 30,707,000 30,456,000 20,227,000 66.40 Auto. - Total............................. 83,860,000 81,910,000 61,217,000 74.70 Boiler/Machinery excld............ 7,504,000 7,970,000 3,557,000 44.60 Fidelity..................................... 316,000 321,000 287,000 89.40 Liability.................................... 26,167,000 26,604,000 16,057,000 60.40 Surety...................................... 388,000 369,000 54,000 14.60 Marine...................................... 5,281,000 5,481,000 2,691,000 49.10 Accident & Sickness................ 16,596,000 16,326,000 9,721,000 59.50 ——————— ——————— ——————— ————— Total 2016............................... 228,278,000 226,766,000 160,453,000 70.76 Total 2015................................ 225,993,000 230,125,000 144,534,000 62.81 Total 2014................................ 238,850,000 243,820,000 142,998,000 58.65 Total 2013................................ 208,059,000 202,920,000 142,534,000 70.24 Total 2012................................ 200,939,000 197,283,000 110,460,000 55.99

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 146,462,000 Reinsurance Assumed....................... 228,278,000 Reinsurance Ceded............................ 146,462,000 Net Premiums Written........................ 228,278,000 Net Premiums Earned........................ 226,766,000 Net Claims & Adj Exp......................... 160,453,000 Commissions........................................ 41,934,000 Taxes...................................................... 8,268,000 General Expenses................................ 26,950,000 Undwrwtg. Profit/Loss........................-10,839,000 Investment Income............................... 10,676,000

Growth Rate (DPW)..................................... 1.72 Growth Rate (NPW)..................................... 1.01 % of Market (NPW)....................................... 0.5 Earned Loss Ratio..................................... 70.76 Total Expense Ratio.................................. 34.02 Combined Loss & Exp. Ratio.................. 104.78 Return on Equity........................................-4.56

Underwriting Result

2016: -$10,839,000 2015: +$1,441,000 2013: -$12,467,000 2012: +$16,874,000

2014: +$13,590,000

Western Surety Company

B-CA Scott Donald, President & CEO 2100 - 1881 Scarth Street 306-791-3735 Fax: 306-359-0929 www.westernsurety.ca

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Fidelity..................................... 5,000 3,000 0 0.00 Surety...................................... 16,408,000 14,722,000 180,000 1.20 ——————— ——————— ——————— ————— Total 2016............................... 16,413,000 14,725,000 180,000 1.22 Total 2015................................ 13,809,000 12,917,000 -266,000 -2.06 Total 2014................................ 13,669,000 14,516,000 2,315,000 15.95 Total 2013................................ 13,500,000 13,297,000 2,764,000 20.79 Total 2012................................ 13,038,000 13,204,000 106,000 0.80

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 24,764,000 Reinsurance Assumed.............................. 104,000 Reinsurance Ceded................................ 8,455,000 Net Premiums Written.......................... 16,413,000 Net Premiums Earned.......................... 14,725,000 Net Claims & Adj Exp................................ 180,000 Commissions.......................................... 9,266,000 Taxes......................................................... 595,000 General Expenses.................................. 2,028,000 Undwrwtg. Profit/Loss........................... 2,656,000 Investment Income................................. 1,255,000

Growth Rate (DPW)..................................... 0.68 Growth Rate (NPW)................................... 18.86 % of Market (NPW)..................................... 0.04 Earned Loss Ratio....................................... 1.22 Total Expense Ratio.................................. 80.74 Combined Loss & Exp. Ratio.................... 81.96 Return on Equity....................................... 11.53

Underwriting Result

2016: +$2,656,000 2015: +$2,049,000 2014: +$246,000 2013: -$55,000 2012: +$3,223,000

Westport Insurance Corporation

D-EU

Stephen J. Ritter, Chief Agent in Canada 150 King Street West Suite 1000 (416) 408-0272 Fax: (416) 408-4222 www.swissre.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 18,582,000 16,034,000 14,659,000 91.40 Prop. - Total............................ 18,582,000 16,034,000 14,659,000 91.40 Aircraft..................................... 4,219,000 3,475,000 979,000 28.20 Auto. - Liability........................ 0 0 -73,000 0.00 Auto. - Total............................. 0 0 -73,000 0.00 Boiler/Machinery excld............ 0 707,000 181,000 25.60 Liability.................................... 8,530,000 9,149,000 1,532,000 16.70 Surety...................................... 98,000 102,000 179,000 175.50 Marine...................................... 142,000 59,000 -30,000 -50.80 ——————— ——————— ——————— ————— Total 2016............................... 31,571,000 29,526,000 17,427,000 59.02 Total 2015................................ 30,451,000 31,107,000 8,855,000 28.47 Total 2014................................ 28,167,000 29,656,000 2,777,000 9.36 Total 2013................................ 36,603,000 43,404,000 25,352,000 58.41 Total 2012................................ 61,453,000 52,957,000 28,494,000 53.81

152

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 173,962,000 Reinsurance Assumed......................... 10,081,000 Reinsurance Ceded............................ 152,472,000 Net Premiums Written.......................... 31,571,000 Net Premiums Earned.......................... 29,526,000 Net Claims & Adj Exp........................... 17,427,000 Commissions.......................................-18,503,000 Taxes...................................................... 6,538,000 General Expenses................................ 24,061,000 Undwrwtg. Profit/Loss.................................. 3,000 Investment Income................................. 2,758,000

Underwriting Result

Growth Rate (DPW)..................................... 7.25 Growth Rate (NPW)..................................... 3.68 % of Market (NPW)..................................... 0.07 Earned Loss Ratio..................................... 59.02 Total Expense Ratio.................................. 40.97 Combined Loss & Exp. Ratio.................... 99.99 Return on Equity......................................... 3.27

2016: +$3,000 2015: +$13,817,000 2013: +$6,420,000 2012: +$13,560,000

2014: +$17,219,000

Wynward Insurance Group

B-CA Darryl Levy, President & CEO 1240 - One Lombard Place (204) 943-0721 Fax: (204) 943-6419 www.wynward.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 7,381,000 7,466,000 3,211,000 43.00 Prop. - Commercial................. 51,831,000 47,821,000 27,920,000 58.40 Prop. - Total............................ 59,212,000 55,287,000 31,131,000 56.30 Boiler/Machinery excld............ 0 0 -1,000 0.00 Fidelity..................................... 0 0 -1,000 0.00 Liability.................................... 19,918,000 18,709,000 9,337,000 49.90 Surety...................................... 131,000 137,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 79,261,000 74,133,000 40,466,000 54.59 Total 2015................................ 75,099,000 71,215,000 38,831,000 54.53 Total 2014................................ 69,447,000 63,031,000 39,342,000 62.42 Total 2013................................ 58,090,000 54,203,000 28,499,000 52.58 Total 2012................................ 50,748,000 46,606,000 19,827,000 42.54

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 103,507,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded.............................. 24,246,000 Net Premiums Written.......................... 79,261,000 Net Premiums Earned.......................... 74,133,000 Net Claims & Adj Exp........................... 40,466,000 Commissions........................................ 16,956,000 Taxes...................................................... 3,934,000 General Expenses................................ 12,082,000 Undwrwtg. Profit/Loss.............................. 695,000 Investment Income................................. 3,312,000

Growth Rate (DPW)..................................... 8.65 Growth Rate (NPW)..................................... 5.54 % of Market (NPW)..................................... 0.17 Earned Loss Ratio..................................... 54.59 Total Expense Ratio.................................. 44.48 Combined Loss & Exp. Ratio.................... 99.07 Return on Equity......................................... 5.10

Underwriting Result

2016: +$695,000 2015: +$2,150,000 2014: -$3,067,000 2013: +$1,232,000 2012: +$4,577,000

XL - Group

Other

XL REINSURANCE AMERICA INC. XL SPECIALTY INSURANCE COMPANY

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 73,668,000 42,953,000 58,696,000 136.70 Prop. - Total............................ 73,668,000 42,953,000 58,696,000 136.70 Aircraft..................................... 9,707,000 4,201,000 7,898,000 188.00 Auto. - Liability........................ 6,119,000 5,412,000 5,529,000 102.20 Auto. - Total............................. 6,119,000 5,412,000 5,529,000 102.20 Boiler/Machinery excld............ 0 -27,000 -2,000 7.40 Credit....................................... 6,138,000 841,000 70,000 8.30 Fidelity..................................... 0 0 -2,000 0.00 Liability.................................... 118,266,000 85,179,000 74,042,000 86.90 Surety...................................... 1,619,000 542,000 -312,000 -57.60 Marine...................................... 3,808,000 2,452,000 775,000 31.60 ——————— ——————— ——————— ————— Total 2016............................... 219,325,000 141,553,000 146,694,000 103.63 Total 2015................................ 49,570,000 47,682,000 28,554,000 59.88 Total 2014................................ 43,266,000 50,839,000 26,103,000 51.34 Total 2013................................ 67,217,000 65,044,000 40,839,000 62.79 Total 2012................................ 61,102,000 59,299,000 29,412,000 49.60

John P. Welch, President/CEO 1200 - 100 Yonge Street 416-598-1084 Fax: 416-598-1980 www.xlcatlin.com/reinsurance

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 188,564,000 Reinsurance Assumed....................... 117,942,000 Reinsurance Ceded.............................. 87,181,000 Net Premiums Written........................ 219,325,000 Net Premiums Earned........................ 141,553,000 Net Claims & Adj Exp......................... 146,694,000 Commissions........................................ 17,579,000 Taxes...................................................... 6,621,000 General Expenses................................ 22,950,000 Undwrwtg. Profit/Loss........................-52,291,000 Investment Income............................... 12,098,000

Growth Rate (DPW)................................. 643.52 Growth Rate (NPW)................................. 342.46 % of Market (NPW)..................................... 0.48 Earned Loss Ratio................................... 103.63 Total Expense Ratio.................................. 33.31 Combined Loss & Exp. Ratio.................. 136.94 Return on Equity........................................-9.05

Underwriting Result

2016: -$52,291,000 2015: -$1,532,000 2014: +$2,054,000 2013: -$2,688,000 2012: +$8,906,000

XL Reinsurance America Inc.

R-Other

John P. Welch, President/CEO 1200 - 100 Yonge Street (416) 598-1084 Fax: (416) 598-1980 www.xlcatlin.com/reinsurance Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 18,415,000 19,398,000 38,762,000 199.80 Prop. - Total............................ 18,415,000 19,398,000 38,762,000 199.80 Aircraft..................................... -1,000 -1,000 -14,000 1,400.00 Auto. - Liability........................ 3,689,000 3,842,000 3,843,000 100.00 Auto. - Total............................. 3,689,000 3,842,000 3,843,000 100.00 Fidelity..................................... 0 0 -2,000 0.00 Liability.................................... 29,710,000 30,914,000 24,790,000 80.20 Surety...................................... 0 0 -196,000 0.00 Marine...................................... 4,000 4,000 2,000 50.00 ——————— ——————— ——————— ————— Total 2016............................... 51,817,000 54,157,000 67,185,000 124.06 Total 2015................................ 49,570,000 47,682,000 28,554,000 59.88 Total 2014................................ 43,266,000 50,839,000 26,103,000 51.34 Total 2013................................ 67,217,000 65,044,000 40,839,000 62.79 Total 2012................................ 61,102,000 59,299,000 29,412,000 49.60

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 27,862,000 Reinsurance Assumed......................... 25,384,000 Reinsurance Ceded................................ 1,429,000 Net Premiums Written.......................... 51,817,000 Net Premiums Earned.......................... 54,157,000 Net Claims & Adj Exp........................... 67,185,000 Commissions........................................ 15,038,000 Taxes......................................................... 996,000 General Expenses.................................. 6,607,000 Undwrwtg. Profit/Loss........................-35,669,000 Investment Income................................. 5,865,000

Growth Rate (DPW)..................................... 9.86 Growth Rate (NPW)..................................... 4.53 % of Market (NPW)..................................... 0.11 Earned Loss Ratio................................... 124.06 Total Expense Ratio.................................. 41.81 Combined Loss & Exp. Ratio.................. 165.87 Return on Equity......................................-13.53

Underwriting Result

2016: -$35,669,000 2015: -$1,532,000 2014: +$2,054,000 2013: -$2,688,000 2012: +$8,906,000

2017 STATISTICAL GUIDE

153

XL Specialty Insurance Company

B-Other

Nicholas Greggains, Chief Agent for Canada Suite 1200 - 100 Yonge St. (416) 928-5586 Fax: (416) 928-8858 www.xlcatlin.com/insurance Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

2016 Underwriting Performance Summary

% Prop. - Commercial................. 55,253,000 23,555,000 19,934,000 84.60 Direct Premiums Written.................... 160,702,000 Growth Rate (DPW)............................................ Prop. - Total............................ 55,253,000 23,555,000 19,934,000 84.60 Reinsurance Assumed......................... 92,558,000 Growth Rate (NPW)............................................ Aircraft..................................... 9,708,000 4,202,000 7,912,000 188.30 Reinsurance Ceded.............................. 85,752,000 % of Market (NPW)..................................... 0.36 Auto. - Liability........................ 2,430,000 1,570,000 1,686,000 107.40 Net Premiums Written........................ 167,508,000 Earned Loss Ratio..................................... 90.98 Auto. - Total............................. 2,430,000 1,570,000 1,686,000 107.40 Net Premiums Earned.......................... 87,396,000 Total Expense Ratio.................................. 28.04 Boiler/Machinery excld............ -27,000 -2,000 7.40 Net Claims & Adj Exp........................... 79,509,000 Combined Loss & Exp. Ratio.................. 119.02 Credit....................................... 6,138,000 841,000 70,000 8.30 Commissions.......................................... 2,541,000 Return on Equity........................................-5.53 Liability.................................... 88,556,000 54,265,000 49,252,000 90.80 Taxes...................................................... 5,625,000 Surety...................................... 1,619,000 542,000 -116,000 -21.40 General Expenses................................ 16,343,000 Marine...................................... 3,804,000 2,448,000 773,000 31.60 ——————— ——————— ——————— ————— Undwrwtg. Profit/Loss........................-16,622,000 Investment Income................................. 6,233,000 Total 2016............................... 167,508,000 87,396,000 79,509,000 90.98 Total 2015................................ Underwriting Result Total 2014................................ 2016: -$16,622,000 2015: 2014: Total 2013................................ 2013: 2012: Total 2012................................

Zenith Insurance Company

D-CA Silvy Wright, President and Chief Executive Officer 105 Adelaide Street West 416-350-4400 Fax: 416-350-4412 www.nbfc.com

Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Personal...................... 18,151,000 17,092,000 5,147,000 30.10 Prop. - Total............................ 18,151,000 17,092,000 5,147,000 30.10 Auto. - Liability........................ 22,477,000 19,894,000 -3,527,000 -17.70 Auto. - Pers. Acc..................... 11,093,000 9,926,000 7,426,000 74.80 Auto. - Other............................ 6,650,000 6,074,000 5,812,000 95.70 Auto. - Total............................. 40,220,000 35,894,000 9,711,000 27.10 Liability.................................... 2,000 2,000 0 0.00 ——————— ——————— ——————— ————— Total 2016............................... 58,373,000 52,988,000 14,858,000 28.04 Total 2015................................ 49,341,000 53,993,000 22,883,000 42.38 Total 2014................................ 57,694,000 59,546,000 21,192,000 35.59 Total 2013................................ 63,011,000 61,206,000 49,984,000 81.67 Total 2012................................ 57,672,000 58,116,000 72,579,000 124.89

2016 Underwriting Performance Summary %

Direct Premiums Written...................... 59,370,000 Reinsurance Assumed......................................... 0 Reinsurance Ceded................................... 997,000 Net Premiums Written.......................... 58,373,000 Net Premiums Earned.......................... 52,988,000 Net Claims & Adj Exp........................... 14,858,000 Commissions.......................................... 6,739,000 Taxes...................................................... 1,727,000 General Expenses.................................. 8,097,000 Undwrwtg. Profit/Loss......................... 21,992,000 Investment Income................................. 7,726,000

Growth Rate (DPW)................................... 18.53 Growth Rate (NPW)................................... 18.31 % of Market (NPW)..................................... 0.13 Earned Loss Ratio..................................... 28.04 Total Expense Ratio.................................. 31.26 Combined Loss & Exp. Ratio.................... 59.30 Return on Equity....................................... 23.92

Underwriting Result

2016: +$21,992,000 2015: +$16,634,000 2013: -$6,147,000 2012: -$35,590,000

2014: +$25,252,000

Zurich Insurance Company Ltd.

B-EU

David Levinson, President & Chief Agent First Canadian Place 100 King Street West, Suite 5500 416-586-3000 Fax: 416-586-2525 www.zurichcanada.com Class

Net Prems Net Prems Net Claims Claims Written Earned Incurred Ratio

Prop. - Commercial................. 189,083,000 224,427,000 221,232,000 98.60 Prop. - Total............................ 189,083,000 224,427,000 221,232,000 98.60 Auto. - Liability........................ 47,035,000 64,775,000 52,333,000 80.80 Auto. - Pers. Acc..................... 7,294,000 10,363,000 985,000 9.50 Auto. - Other............................ 15,751,000 24,294,000 11,863,000 48.80 Auto. - Total............................. 70,080,000 99,432,000 65,181,000 65.60 Boiler/Machinery excld............ 14,552,000 15,864,000 7,739,000 48.80 Credit....................................... 0 0 2,000 0.00 Fidelity..................................... 1,136,000 1,307,000 -1,100,000 -84.20 Liability.................................... 211,612,000 231,342,000 220,626,000 95.40 Surety...................................... 37,000 7,000 1,797,000 25,671.40 Marine...................................... 6,644,000 6,785,000 3,794,000 55.90 Accident & Sickness................ 133,000 133,000 -60,000 -45.10 ——————— ——————— ——————— ————— Total 2016............................... 493,277,000 579,297,000 519,211,000 89.63 Total 2015................................ 691,730,000 743,084,000 785,931,000 105.77 Total 2014................................ 744,723,000 726,391,000 802,784,000 110.52 Total 2013................................ 693,440,000 679,917,000 497,381,000 73.15 Total 2012................................ 641,825,000 641,342,000 426,831,000 66.55

154

Canadian Underwriter

2016 Underwriting Performance Summary %

Direct Premiums Written.................... 726,239,000 Reinsurance Assumed....................... 236,890,000 Reinsurance Ceded............................ 469,852,000 Net Premiums Written........................ 493,277,000 Net Premiums Earned........................ 579,297,000 Net Claims & Adj Exp......................... 519,211,000 Commissions........................................ 34,926,000 Taxes.................................................... 29,168,000 General Expenses.............................. 103,465,000 Undwrwtg. Profit/Loss......................-101,546,000 Investment Income............................... 51,678,000

Underwriting Result

Growth Rate (DPW)..................................-22.54 Growth Rate (NPW)..................................-28.69 % of Market (NPW)..................................... 1.07 Earned Loss Ratio..................................... 89.63 Total Expense Ratio.................................. 28.92 Combined Loss & Exp. Ratio.................. 118.55 Return on Equity........................................-3.91

2016: -$101,546,000 2015: -$272,403,000 2013: +$11,203,000 2012: +$22,411,000

2014: -$256,462,000

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The information contained herein is for general informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any product or service.

ÂŠ2017 Ironshore

WATER DEFENCE A FULL LINE OF COVERAGE

PRODUCTS TO HELP An extra layer of protection for new GROW YOUR BUSINESS and existing insurance policies. As one of the largestWater property and casualty insurers in Wawanesa’s Defence Coverage combines Canada, Wawanesa Insurance has the breadth of products our Sewer Backup Coverage and new Overland to meet your customers’ diverse and ever-changing needs. Water Coverage into one comprehensive Paired with our outstanding claims service, Wawanesa package, providing our policyholders with full policyholders become customers for life.

peace of mind. Contact your Wawanesa Business Development representative today or visit wawanesa.com to learn more. DON’T BE DEFENCELESS. Contact your Wawanesa Business Development representative today to learn more. wawanesa.com/water

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