Strength and stability you can count on
As a relative newcomer to this end of the insurance business, we have no legacy in-force reinsurance. That enables us to bring fresh capacity to the marketplace, ensuring you risk diversification and the dependable security of a solid financial partner.
As a long-established life insurer in Canada, we have not needed to raise capital to support the growth of our reinsurance business.
The assets of Standard Life Canada, and the intellectual capital of our global business, stand behind the risks we underwrite and reinsure.
Our successful global operations demonstrate our ability to establish thriving partnerships in foreign markets and to garner expertise wherever it is available.
The Canadian life insurance industry has proven its strength and resiliency in the face of challenging circumstances brought on by the global financial crisis that began in 2008. In fact, at the end of June 2009, the solvency ratio1 of Standard Life Canada stood at 206%, with no need for additional capital. That is well within regulatory limits.
1 Minimum Continuing Capital Surplus Ratio (“MCCSR”)
