Groupe Promutuel
Mutual companies and affiliated entities
Highlights
| Combined financial overview Statement of income and Comprehensive income For the year ended December 31, 2025 (in millions of Canadian dollars) |
|
|
|---|---|---|
| Insurance service revenue | 1,419 | 1,291 |
| Insurance service expenses | (1,126) | (1,105) |
| Insurance service result | 293 | 186 |
| Premiums ceded to reinsurers | (100) | (85) |
| Amounts recovered from reinsurers for claims incurred | 25 | 83 |
| Result from reinsurance contracts held | (75) | (2) |
| Net insurance service result | 218 | 184 |
| Net financial results | 158 | 169 |
| Other operating expenses | (105) | (73) |
| Income before income taxes | 271 | 280 |
| Income taxes | 69 | 70 |
| Net income | 202 | 210 |
| Other comprehensive income items | 17 | 20 |
| Comprehensive income | 219 | 230 |
| Combined financial overview Statement of Financial Position As at December 31, 2025 (in millions of Canadian dollars) |
|
|
|---|---|---|
Assets | ||
| Investments, loans, and cash | 2,120 | 1,861 |
| Property, plant and equipement and intangible assets | 80 | 89 |
| Right-of-use assets | 56 | 53 |
| Reinsurance contract assets held | 25 | 27 |
| Other assets | 75 | 56 |
| 2,356 | 2,086 | |
Liabilities | ||
| Insurance contract liabilities | 632 | 577 |
| Accounts payable and accrued liabilities | 62 | 54 |
| Lease liabilities | 54 | 58 |
| Other liabilities | 11 | 24 |
| 759 | 713 | |
Equity | ||
| Capital, reserves, and retained earnings | 1,597 | 1,373 |
| 2,356 | 2,086 | |