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Licensing of Insurers


Licensing of Insurers

​Insurance companies must be licensed to operate in Canada. Licensing is managed by federal and/or provincial governments.


Insurance companies - licensing

The Office of the Superintendent of Financial Institutions (OSFI) regulates federally registered property and casualty insurance companies across Canada.

OSFI provides historical information about federal insurers, such as: amalgamations; dissolutions; withdrawals from Canada; and name changes. This list can help you identify defunct companies since 1980s.

Insurance companies are also subject to provincial and territorial government regulation. You can verify if your insurance company is authorized in your province by checking the resources listed below.

 

​​Province ​Insurance Companies Licensed
​British Columbia ​British Columbia Financial Institutions Commission
​Alberta ​Alberta Treasury Board and Finance
​SaskatchewanGovernment of Saskatchewan Financial and Consumer Affairs Authority
​Manitoba ​Superintendent of Insurance, Consumer and Corporate Affairs, Financial Institutions Regulations Branch
​Ontario ​Financial Services Commission of Ontario: Licensed Insurance Companies in Ontario
​Quebec ​Autorité des marchés financiers: List of insurers – P&C insurance
​New Brunswick ​Financial and Consumer Services Commission
​Newfoundland and LabradorService NL
(scroll down to Table V of the most recent Annual Report of the Superintendent of Insurance)
​Nova ScotiaNova Scotia Finance and Treasury Board: Office of the Superintendent of Insurance
(List not available online. Insurer licensing inquiries: 902-424-6331)
​Prince Edward Island (PEI) PEI Department of Justice and Public Safety. Consumer, Labour and Financial Services Division. Office of the Superintendent of Insurance

(Search insurance companies in the Corporate / Business Name Registry. Choose registration type “insurance companies”: http://www.gov.pe.ca/corporations/index.php)