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A Canadian success story Learn more about our financial results 

Founded in 1871, we’ve been protecting Canadians’ homes, cars, businesses, and farms for more than 145 years. By focusing on our customers first, we’ve become one of this country’s leading and most trusted property and casualty insurance companies.

We imagine bigger and better things, and we have an ambitious strategy focused on sustaining profitable growth and operating effectively.

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Recognized for our financial strength Learn more about our A.M. Best ratings 

In December 2017, independent rating agency A.M. Best affirmed our financial strength for the fifth consecutive year by acknowledging our disciplined underwriting philosophy and pricing segmentation, solid risk-adjusted capitalization, historically positive operating performance, diversified product offerings, focused marketing and branding strategies, and established national market presence in Canada. A.M. Best also recognized that we have broadened our distribution capabilities with the introduction of Sonnet.

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Governance for continued success  

We uphold standards of corporate governance and best practices that reflect applicable legal and regulatory requirements, our efforts to generate long-term value, and a thoughtful approach to emerging trends.

 

 

Learn more about our corporate governance and mandates

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Join in our future  

After 145 years as a mutual company, Economical has decided to pursue demutualization — the process to become a public share company.

Demutualization is an exciting opportunity for Economical to gain access to the capital that will allow us to invest in our business and innovation, acquire other companies, and strengthen our financial position for long-term success.

 

Learn more about demutualization

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WATERLOO, ON, December 14, 2017 — A.M. Best affirmed on December 12, 2017 the financial strength rating of A- (Excellent) and issuer credit ratings of a- for Economical Mutual Insurance Company and its wholly owned subsidiary, Waterloo Insurance Company....
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