Assumption Life

Last updated
Assumption Mutual Life Insurance Company
Assumption Life
Native name
Assomption Compagnie Mutuelle d’Assurance-Vie
Type Mutual company
Industry Insurance
Founded1903;119 years ago (1903) in Waltham, Massachusetts
Headquarters
Key people
Sebastien Dupuis (President and CEO)
RevenueIncrease2.svg CA $105.7 million (2007) [1]
Increase2.svg CA $7.2 million (2007) [1]
Increase2.svg CA $4.1 Million (2007) [1]
Number of employees
339 [2]
Website assomption.ca
Assumption Place, a 20 storey office building in Downtown Moncton is the headquarters of Assumption Life Assumption Place, Downtown Moncton.jpg
Assumption Place, a 20 storey office building in Downtown Moncton is the headquarters of Assumption Life

Assumption Mutual Life Insurance Company, operating as Assumption Life (French : Assomption Vie), is a Canadian life insurance and asset management company based in Moncton, New Brunswick. [3]

Contents

History

The company was established in 1903 by Acadians in Massachusetts as la Société l'Assomption, a small life insurance agency. The company moved to Moncton in 1913 and up until 1969 the company was run as a fraternal society before becoming a mutual organization. In 1972, Assumption Life moved into their new head office in Moncton, Assumption Place, which is by far the tallest building in the city.

Subsidiaries

Assumption Life has majority control over the following companies:

See also

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References

  1. 1 2 3 "2007 Annual Report" (PDF). Assumption Life. Archived from the original (PDF) on 2011-07-06. Retrieved 2008-06-20.
  2. 1 2 "2008 Corporate Profile" (PDF). Assumption Life. Archived from the original (PDF) on 2011-07-06. Retrieved 2008-06-20.
  3. "Our Company". Assumption Life. Archived from the original on 2006-01-29. Retrieved 2008-06-20.