Overview
Large families generally learn to "co-operate" well and this one is no exception. Co-operators General Insurance Company (CGIC) is part of The Co-operators Group Limited, a multi-company cooperative. CGIC sells personal property/casualty, life, health, and dental policies, as well as some commercial property/casualty and farm insurance, across Canada. Personal coverage accounts for more than three-quarters of the company's premiums, with personal
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Read More automobile insurance making up the bulk of the business. CGIC distributes its products through a network of exclusive agents, as well as through employers, affiliation groups, and independent brokers.
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Read More automobile insurance making up the bulk of the business. CGIC distributes its products through a network of exclusive agents, as well as through employers, affiliation groups, and independent brokers.
Read Less
Robert Wesseling
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Agencies, Brokerages, and Other Insurance Related Activities
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Insurance Carriers and Related Activities
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Finance and Insurance
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Insurance agents, brokers, and service
Activities Related to Credit Intermediation
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Depository Credit Intermediation
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Insurance Carriers
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Insurance and Employee Benefit Funds
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Monetary Authorities-Central Bank
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Nondepository Credit Intermediation
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Other Financial Investment Activities
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Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
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View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
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Actual
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Actual
$3.15 billion
Actual
9.89%
61.88%
$8,521
DEC
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Contacts
Get in Touch with 12 Principals* and 113 Contacts
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Robert WesselingPresident
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue 2024
$3.15 billion
USD
Actual
1 USD = 1.3736 CAD
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $370 | $493 | $220 |
| Net Investing Cash | -$372 | -$166 | -$308 |
| Net Financing Cash | -$68 | -$178 | -$74 |
| Net Change in Cash | -$69 | $150 | -$161 |
| Cash at Beginning of Period | $380 | $230 | $391 |
| Cash at End of Period | $311 | $380 | $230 |
| Capital Expenditure | -$3 | -$13 | -$4 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $311 | $380 | $230 |
| Accounts Receivable | $ | $ | -$2 |
| Inventories | $ | $ | $ |
| Other Current Assets | $ | $ | $ |
| Asset Summary | |||
| Total Current Assets | $ | $ | $ |
| Tangible Fixed Assets | $31 | $31 | $31 |
| Intangible Assets | $38 | $45 | $47 |
| Total Assets | $8,522 | $7,696 | $7,138 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $278 | $257 | $259 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $ | $ | $ |
| Liability Summary | |||
| Total Current Liabilities | $ | $ | $ |
| Long-Term Debt | $ | $ | $ |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $4,161 | $3,728 | $3,313 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $410 | $410 | $408 |
| Retained Earnings | $1,560 | $1,441 | $1,503 |
| Equity Summary | |||
| Total Equity | $2,043 | $1,875 | $1,883 |
| Shares Outstanding | 27,155,757 | 27,155,757 | 26,942,059 |