Canadian Insurance Top Broker, 2017
PROPERTY CASUALTY INSURERS REINSURERS PROPERTY CASUALTY INSURERS REINSURERS ODYSEY REINSURANCE COMPANY 300 First Stamford Place Stamford CT 06902 USA Tel 203 977 8000 Fax 203 356 0196 Website www odysseyre com 2017 National Insurance Directory 141 INSURANCE companies INSURANCE companies Northbridge continued from page 140 PROVINCES LICENSED Northbridge General Insurance Corporation Northbridge Personal Insurance Corporation Federated Insurance Company of Canada and Zenith Insurance Company hold licences in all provinces and territories CANADIAN BUSINES NL E RATI NG AAAA 2014 2015 Q2 2016 000 000 000 Assets 5045395 4895147 4913336 Liabilities 3537285 3516093 3501946 Equity 1508110 1379054 1411390 Direct Premiums 1217872 1280191 666948 Reinsurance Assumed 7404 73848 840 Net Premiums Written 1067709 1132822 614966 Net Premiums Earned 1040367 1117144 578884 Net Claims Incurred 638410 657126 373794 Underwriting Income 35478 65694 1062 Investment Income 328035 168336 29434 Underwriting Cost Index 097 094 100 NPW Equity 7080 8214 N A Net Leverage Equity 24659 27335 N A RATI NGS BY RATI NG AGENCIES Northbridge General Insurance Corporation A M Best A 10 20 2016 Standard Poors A 5 1 2015 Moodys A3 7 11 2016 DBRS A 12 17 2015 Northbridge Personal Insurance Corporation A M Best A 10 20 2016 Zenith Insurance Company A M Best A 10 20 2016 Northbridge Commercial Insurance Corporation A M Best A 10 20 2016 Standard Poors A 5 1 2015 Federated Insurance Company of Canada A M Best A 10 20 2016 Standard Poors A 5 1 2015 DBRS A 12 17 2015 HISTORY Incorporated on September 10 1986 Federal registration issued December 17 1996 Commenced business in Canada on January 1 1997 Name changed from Odyssey America Reinsurance Corporation on April 13 2011 HEAD OFFICE IN CANADA 1600 55 University Ave Toronto ON M5J 2H7 Tel 416 862 0162 Fax 416 367 3248 OFFICERS IN CANADA Jean Raymond Kingsley Senior Vice President and Chief Agent David Green Vice President Underwriting Simon Guenette Vice President Actuarial Services Alice Lumley Vice President Chief Financial Officer UNDERWRITING CONTACT Jean Raymond Kingsley Senior Vice President and Chief Agent CLAIMS CONTACT Mike Pizzey Assistant Vice President Claims AFFILIATIO NS MEMBERSHIP IBC ICLR RRC CLASES OF REINSURANCE Property Aircraft Automobile Boiler Machinery Credit Fidelity Hail Legal Expense Liability Surety Marine and Accident Sickness PROVINCES LICENSED Licensed in Ontario and Quebec CAPITAL Head Office Account 192035000 CANADIAN BUSINES NL E RATI NG AAAA 2014 2015 Q2 2016 000 000 000 Assets 423487 401185 494711 Liabilities 224813 237289 300238 Equity 198674 163896 194473 Direct Premiums Reinsurance Assumed 88724 103049 54835 Net Premiums Written 77653 82224 46151 Net Premiums Earned 79460 74203 40569 Net Claims Incurred 39880 44138 63819 Underwriting Income 21742 4983 33145 Investment Income 15924 3192 3141 Underwriting Cost Index 7264 9328 18170 NPW Equity 3909 5017 N A Net Leverage Equity 14091 17957 N A RATI NGS BY RATI NG AGENCIES A M Best A 10 20 2016 Standard Poors A 08 12 2014
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