We continue to advocate for regulatory reform with governments across Canada to propose auto insurance solutions that prioritize consumers in decision-making and protect the long-term viability and competitiveness of the auto insurance system in Canada. Significant time and resources were dedicated to Alberta and Ontario in particular. Ontario’s reforms related to optional benefits are set to be implemented July 1, 2026. Alberta’s Care-First system is on track for January 1, 2027.
Here to advance our purpose
We provide financial security for Canadians and our communities. Our purpose is core to our business and gives shape to everything we do.
Bringing our purpose to life
As a Canadian co-operative, we provide financial security through insurance, investments, asset management and future-focused innovation. For over 80 years, we’ve served a diverse range of clients, building long-lasting relationships.
We’re proud to spotlight Waldron Ranch Grazing Coop, our client for 51 years.
By the numbers: our products and services
We insure and protect
632,000 lives
260,000 employees and their dependents through group benefits
435,000 Canadians through Creditor Life insurance
We provide coverage for
1 million homes
1.7 million vehicles
45,000 farms
337,000 businesses
We manage the investments of
213 institutions and individual investors with total assets valued at over $42.5 billion
We help Canadians plan their financial futures through
over 77,000 wealth accounts
We serve
169 credit unions
over 6 million credit union members
Insurance in an evolving world
“When our clients buy an insurance policy from Co-operators, they are buying a promise. Our teams are proud to deliver on that promise, in times when our clients need us most.”
Craig Bran, Vice-president, National P&C Claims
With the changing nature of risk, traditional insurance protection will only go so far. Claims costs are growing exponentially, leaving clients and communities vulnerable.
Total amount paid to clients in claims and benefits in 2025
$3.21 billion
2024: $3.16 billion, 2023: $2.77 billion
A record-breaking wildfire season
In 2025, Canada once again experienced a record wildfire season with over 6,000 wildfires and 8.9 million hectares burned. This is significantly more area than 2024, and over twice the 10-year average.
A circular claims approach to cut waste
Construction and demolition resulting from insurance claims contribute substantially to Canada’s municipal solid waste. To address this, we’re embedding circularity principles into our claims processes.
Insurance to build resilience
In response to the changing risk landscape, we’re rethinking business-as-usual. Explore how we’re helping clients recover, rebuild and take preventative action:
Flood protection for all levels of risk
Resilience-enhanced property insurance
A wildfire-risk radar tool for Canadian businesses
Engaging in advocacy
We engage with governments and partner with organizations to influence the systems, policies and societal conditions that can better enable financial security and resilience in our communities.
Purpose-led investing
Through our asset management company Addenda Capital, Co-operators manages over $42.5 billion in assets. We are committed to mobilizing our financial strength and stewardship activities to catalyze the transition to a more sustainable, resilient, net-zero-emissions economy.
Find out more about our climate action and impact
Impact and climate transition investing
$8.75 billion was invested in impact and climate transition in 2025.
Impact investments strive to create compelling financial returns with positive social and environmental impacts.
Climate transition refers to a shift from a high-carbon emissions economy to a low-carbon, sustainable one. We’re transitioning our investment portfolio to be increasingly represented by assets that can thrive and remain resilient in a low-carbon emissions economy.
Climate solutions investing
$2.44 billion USD was invested in climate solutions in 2025.
Through climate solutions investments, we invest in economic activities that contribute to climate change mitigation and climate adaption.
Reducing the emissions of our investment portfolio
12.3% was the total reduction in financed emissions since 2020.
We have a goal to reach a 40% reduction in financed emissions intensity (tCO2e/$M invested) of listed equity and corporate bond portfolios by 2030 (year end 2029), a from a 2020 baseline. By no later than 2050, our goal is for our entire investment portfolio to be net zero. Our 2025 results fell short of our interim 2025 target of a 25% reduction from a 2020 baseline. Find out more about our net-zero targets and performance.
The Resilience Acceleration Lab
In 2025, Co-operators set up the Resilience Acceleration Lab, which aims to demonstrate the need and viability for private capital to finance urgently needed climate resilience in Canada.
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