| Canada is the second largest country in the world | | | | property and casualty insurers in Canada, including |
| closely resembling today its neighbor United States | | | | independent brokers, actuaries and adjusters. Many |
| with its affluent, high-tech industrial society, market | | | | others get income from the payment of insurance |
| oriented economy, pattern of production, and high | | | | claims, such as car repair, construction, law, medicine |
| living standards. Since 1989 the trade and economic | | | | and accounting. |
| integration of Canada with the United States have | | | | As example of successful, nation-wide insurance |
| strongly increased after approving the U.S. - Canada | | | | company in Canada let us note The Co-operators |
| Free Trade Agreement and 1994 North America Free | | | | Group Ltd created in 1975 after the agreement of |
| Trade agreements. Since then Canada enjoys stable | | | | co-ordination between the Co-operative Insurance |
| economic development due to its great natural | | | | Services (CIS) and Co-operators Insurance |
| resources, skilled labor-force, and modern capital | | | | Association (CIA) companies resulting in the creation |
| plants. The Canadian insurance industry is a major | | | | of new holding company. |
| part of the social and economic activity of Canada. | | | | The prime mission of the new company was to |
| The Canadian insurance market is represented by | | | | maintain and develop user controlled institutions |
| about 230 activity competing private property and | | | | operating on the co-operative principles with the aim |
| casualty insurers, along with 27 providers of sickness, | | | | to provide insurance, finance and other services. |
| life and accident. The compulsory auto insurance is | | | | Actually The Co-operators Group was carrying out a |
| provided exclusively by government owned auto | | | | management and service organization assisting The |
| insurers in Manitoba, Saskatchewan and British | | | | Group's companies in their management allowing them |
| Columbia. The bodily injury part of automobile | | | | the advice, tools and mechanisms to succeed. Among |
| insurance in Quebec is also provided by | | | | The Group's companies let us note, first of all, |
| government-owned insurers. | | | | Co-operators Life Insurance Company created in |
| Automobile insurance is the largest single class of | | | | 1982 as a single national life company for the |
| general insurance in Canada. Total premiums for auto | | | | Co-operators after the amalgamation of Co-operative |
| insurance exceed all other classes combined, next | | | | Life Insurance Company and Co-operators Life |
| ranks property insurance, followed by liability | | | | Insurance Association both belonging to The |
| insurance. | | | | Co-operators Group. |
| The federal or provincial governments supervise | | | | The company is now one of the 10 largest life |
| general insurance companies operating in Canada. | | | | insurance companies in Canada. |
| More then 100.000 people are employed by private | | | | |