Farm Mutual Re is the first wholly Canadian-owned reinsurer
When Farm Mutual Re was formed in 1959 by mutual insurance companies from across Ontario, it became the first 100 percent Canadian-owned reinsurance company.
Our member companies were pioneers in the mutual industry in Canada. Many of these companies were formed in the mid-1800s, after the Governor of Upper Canada introduced legislation in 1836 permitting the establishment of mutual companies. These first mutual insurers were designed to help local farmers manage risk.