RBC Insurance
RBC Insurance is the trading name used by Royal Bank of Canada (TSX/NYSE: RY) for its insurance operating segment, which is made up of several separate companies rather than one incorporated entity. Royal Bank of Canada’s own Annual Information Form names RBC Insurance Holdings Inc., RBC Life Insurance Company, RBC Insurance Agency Ltd. and RBC Insurance Services Inc. as principal subsidiaries of the bank, with a shared office address at 6880 Financial Drive, Mississauga, Ontario. RBC Life Insurance Company underwrites individual and group life, health, critical illness, disability and long-term-care insurance, together with segregated funds and payout annuities. RBC Insurance also distributes home, auto and travel insurance and offers creditor insurance for mortgages, loans and credit cards. The home and auto insurance manufacturing business formerly carried out under the RBC Insurance brand by RBC General Insurance Company, renamed from General Insurance Company of Royal Bank of Canada in 1999, was sold to Aviva Canada Inc. effective 1 July 2016 as part of a 15-year distribution agreement; RBC Insurance continues to sell Aviva-underwritten home and auto policies under its own brand today. This record is associated with the rbcinsurance.com web domain and carries no registration number or incorporation date, and it has not been possible to confirm which single legal entity, if any, it corresponds to. This profile therefore describes the RBC Insurance brand and its known constituent companies rather than a single incorporated entity.
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- Digitized company financials
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Shareholders
Shareholders of RBC Insurance
“RBC Insurance” is not a single incorporated company but a brand covering multiple operating entities of Royal Bank of Canada, including RBC Life Insurance Company, RBC Insurance Agency Ltd., RBC Insurance Services Inc. and RBC Insurance Holdings Inc., all identified in Royal Bank of Canada’s own Annual Information Form as principal subsidiaries of the bank. As wholly-owned group subsidiaries, these entities do not maintain a public shareholder register or file separate beneficial-ownership disclosures, and no shareholder listing for any specific RBC Insurance entity was located in a government registry.
At the parent level, Royal Bank of Canada is a widely-held public company listed on the Toronto Stock Exchange and New York Stock Exchange under the ticker RY, with its shares held by a broad base of institutional and retail investors rather than any single controlling shareholder. This is parent-level context only and should not be read as shareholder information about any specific RBC Insurance subsidiary.
Ultimate beneficial ownership
No ultimate beneficial owner can be identified or calculated for “RBC Insurance” because it is not itself a single legal entity with a disclosed share register. Each constituent company is understood to sit wholly within the Royal Bank of Canada group, but no complete, dated ownership chain with percentages was located to support a calculated effective ownership figure.
Data availability
Not public: Canadian federal and provincial registries do not require wholly-owned insurance subsidiaries of a bank holding company to publish a shareholder register, and no such disclosure was found for the entities operating under the RBC Insurance brand.
Officers
1
Directors and officers of RBC Insurance
“RBC Insurance” spans several distinct legal entities, including RBC Life Insurance Company, RBC Insurance Agency Ltd., RBC Insurance Services Inc. and RBC Insurance Holdings Inc., each of which would maintain its own board of directors and officers under Corporations Canada or applicable provincial corporate law. Because this record does not identify which single entity it represents, and no registration number is on file to confirm a match, officer and director information cannot be reliably attributed to one specific company here.
Data availability
Not found at the specific-entity level: without a confirmed registration number linking this record to one of RBC Insurance’s constituent companies, named-officer data from Corporations Canada or the Office of the Superintendent of Financial Institutions (OSFI) cannot be safely attributed to it. Officer records are, in principle, publicly available for federally incorporated entities such as these through the Corporations Canada online registry.
Registry feed — rows exactly as filed with Company Data Enrichment, including entries the profile above does not cover.
Group Structure
Group structure of RBC Insurance
“RBC Insurance” is the brand name for the insurance operating segment of Royal Bank of Canada (TSX/NYSE: RY), Canada’s largest bank by market capitalization. Royal Bank of Canada’s own Annual Information Form names RBC Insurance Holdings Inc., RBC Life Insurance Company, RBC Insurance Agency Ltd. and RBC Insurance Services Inc. as principal subsidiaries of the bank, all sharing an office address at 6880 Financial Drive, Mississauga, Ontario. This group relationship is disclosed by the parent company itself; Royal Bank of Canada does not publish subsidiary-level ownership percentages for these entities in its public filings.
Verified corporate relationships
| Entity | Country | Relationship | Ownership | Status |
|---|---|---|---|---|
| Royal Bank of Canada | Canada | Ultimate parent | Ownership percentage not disclosed (widely-held public company; TSX/NYSE: RY) | Active |
| RBC Insurance Holdings Inc. | Canada | Subsidiary of Royal Bank of Canada | Ownership percentage not disclosed | Active |
| RBC Life Insurance Company | Canada | Subsidiary of Royal Bank of Canada | Ownership percentage not disclosed | Active |
| RBC Insurance Agency Ltd. | Canada | Subsidiary of Royal Bank of Canada | Ownership percentage not disclosed | Active |
| RBC Insurance Services Inc. | Canada | Subsidiary of Royal Bank of Canada | Ownership percentage not disclosed | Active |
| RBC General Insurance Company | Canada | Historical relationship (home/auto business divested) | Sold to Aviva Canada Inc., effective 1 July 2016 | Historical / divested |
Recent structural changes
On 1 July 2016, Royal Bank of Canada completed the sale of the home and auto insurance manufacturing business of RBC General Insurance Company to Aviva Canada Inc., together with a 15-year distribution agreement under which RBC Insurance continues to sell Aviva-underwritten home and auto policies under its own brand.
Data availability
Partial: the group relationship between Royal Bank of Canada and its named insurance subsidiaries is confirmed by RBC’s own Annual Information Form, but this specific company record cannot be matched to one of those subsidiaries with certainty, and ownership percentages are not disclosed in public filings.
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Frequently Asked Questions
What is RBC Insurance?
RBC Insurance is the trading name for the insurance operating segment of Royal Bank of Canada (TSX/NYSE: RY). It covers products such as life, health, disability, critical illness, home, auto, travel and creditor insurance, sold and underwritten through several related RBC-owned companies rather than a single legal entity.
Is RBC Insurance a single legal company or a group of companies?
RBC Insurance is a brand, not one incorporated company. Royal Bank of Canada's Annual Information Form names several separate principal subsidiaries operating under this brand, including RBC Insurance Holdings Inc., RBC Life Insurance Company, RBC Insurance Agency Ltd. and RBC Insurance Services Inc. Based on the information on file for this record, it is not possible to confirm which one of these entities, if any, it specifically represents.
What is RBC Insurance's company registration number?
No registration number is recorded on file for this entry. Because 'RBC Insurance' is a brand spanning multiple federally incorporated companies, each with its own registration number, a single registration number cannot be assigned to this record without confirming which specific entity it corresponds to.
When was RBC Insurance incorporated?
No incorporation date is recorded on file for this entry. The individual companies operating under the RBC Insurance brand were incorporated at different times; for example, RBC General Insurance Company traces to a 1999 renaming of General Insurance Company of Royal Bank of Canada, but no single incorporation date applies to 'RBC Insurance' as a whole.
Who owns RBC Insurance?
The companies operating under the RBC Insurance brand are subsidiaries of Royal Bank of Canada, as disclosed in RBC's own Annual Information Form. No public filing discloses share-ownership percentages for these subsidiaries individually.
Is Royal Bank of Canada, the parent group, publicly traded?
Yes. Royal Bank of Canada is listed on the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol RY and is a widely-held public company. This is parent-level information and does not describe share ownership of any specific RBC Insurance subsidiary.
What insurance products does RBC Insurance offer?
RBC Insurance offers individual and group life, health, critical illness, disability and long-term-care insurance, segregated funds and payout annuities, home, auto and travel insurance, and creditor insurance for mortgages, loans and credit cards.
Does RBC Insurance still underwrite home and auto insurance itself?
No. Royal Bank of Canada sold the home and auto insurance manufacturing business of RBC General Insurance Company to Aviva Canada Inc., effective 1 July 2016. RBC Insurance continues to distribute home and auto policies, now underwritten by Aviva, under a long-term distribution agreement.
Where is RBC Insurance's principal office located?
Royal Bank of Canada's Annual Information Form lists 6880 Financial Drive, Mississauga, Ontario, as the principal office address for RBC Insurance Holdings Inc. and RBC Life Insurance Company. This is a registered/principal office address, not a confirmed headquarters designation.
Who regulates the companies operating under the RBC Insurance brand?
Federally incorporated insurance companies in Canada, such as those operating under the RBC Insurance brand, are regulated by the Office of the Superintendent of Financial Institutions (OSFI), Canada's federal prudential regulator for insurers and other financial institutions.
Are the directors and officers of RBC Insurance publicly listed?
Director and officer information is, in principle, publicly available through Corporations Canada for federally incorporated entities such as RBC Life Insurance Company or RBC Insurance Holdings Inc. However, because this record cannot be matched to one specific entity with confidence, officer information is not resolved at the specific-entity level here.
Does RBC Insurance have an identifiable ultimate beneficial owner?
No calculable ultimate beneficial owner is presented. The entities operating under the RBC Insurance brand are understood to be wholly within the Royal Bank of Canada group, but no complete, dated ownership chain with percentages was located to support a calculated effective ownership figure.
Does RBC Insurance have its own stock ticker symbol?
No. The companies operating under the RBC Insurance brand are not separately listed. Their parent, Royal Bank of Canada, trades under the ticker RY on the Toronto Stock Exchange and New York Stock Exchange.
Was RBC General Insurance Company always part of the RBC Insurance brand?
RBC General Insurance Company was renamed from General Insurance Company of Royal Bank of Canada effective 16 August 1999. Its home and auto insurance manufacturing business was sold to Aviva Canada Inc. effective 1 July 2016, ending RBC's direct underwriting of those lines while distribution continued under the RBC Insurance brand.
What is the source of the RBC Insurance group-structure information in this profile?
Group-level relationships described here are drawn from Royal Bank of Canada's own Annual Information Form, a regulatory filing that names RBC Insurance Holdings Inc., RBC Life Insurance Company, RBC Insurance Agency Ltd. and RBC Insurance Services Inc. as principal subsidiaries of the bank.