Type | Subsidiary of (Manulife) |
---|---|
Industry | Financial services |
Founded | 1833 |
Defunct | 2016 |
Headquarters | Montreal, Quebec, Canada |
Key people | Charles Guay (President & CEO) |
Products | Insurance |
Number of employees | 2,000 |
Parent | Manulife |
Website | https://www.manulife.ca/for-you/sl-transition.html |
The Standard Life Assurance Company of Canada (also known as Standard Life) was an investment, retirement and financial protection company and is now part of Manulife Financial. [1]
Standard Life first established a presence in Canada through John George Irvine, who took an agency in Quebec in 1834. [2] Spencer Campbell Thomson, son of the manager of the Standard Life Assurance Company, visited Canada in 1882 and approved a new Canadian head office in St James Street. [3]
On January 30, 2015, the Canadian operations of Standard Life plc joined Manulife. [1]
Aviva plc is a British multinational insurance company headquartered in London, England. It has about 18 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider. Aviva is also the second largest general insurer in Canada.
Manulife Bank of Canada is a wholly owned subsidiary of Manulife. As a direct bank, it offers high-interest chequing & savings accounts, credit cards, lines of credit and mortgages, including Manulife One. Since it was established in 1993, Manulife Bank has grown to more than $22 billion in assets and serves customers across Canada. Manulife Bank headquarters are in Waterloo, Ontario.
John Hancock Life Insurance Company, U.S.A. is a Boston-based insurance company. Established April 21, 1862, it was named in honor of John Hancock, a prominent patriot.
Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division. As of December 2015, the company employed approximately 34,000 people and had 63,000 agents under contract, and has CA$935 billion in assets under management and administration. Manulife at one point serviced over 26 million customers worldwide.
The Canada Life Assurance Company, commonly known as Canada Life, is an insurance and financial services company with its headquarters in Winnipeg, Manitoba. The current company is the result of the 2020 amalgamation of The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company, along with their holding companies. The company is a wholly owned subsidiary of Great-West Lifeco.
The Maritime Life Assurance Company was a Canadian insurance company based in Halifax, Nova Scotia, Canada. It was founded in 1922 and in 2004 it became fully integrated with Manulife Financial, with the Maritime Life brand being retired. In 2004 it had 2700 employees.
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Manulife China Bank Life Assurance Corporation (MCBLife) is a joint venture company set up between the China Banking Corporation and Manulife Philippines, a wholly owned subsidiary of the Canadian company Manulife Financial, one of the leading life insurance companies in the world. Incorporated on 23 March 2007, MCBLife provides insurance and financial products through the many China Bank outlets in the Philippines.
Manulife Philippines is a life insurance company in the Philippines and part of Manulife Financial Corporation, a Canadian life insurance company.
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Spencer Campbell Thomson FRSE FFA (1842–1931) was a Scottish actuary and influential businessman. He introduced statistical mortality rates into life insurance.
William Thomas Thomson FRSE FFA (1813–1883) was a 19th-century Scottish actuary who was manager of the Standard Life Assurance Company 1834 to 1878 and changed the face of insurance through use of mortality rates. His use of actuarial tables became common practice across the globe in the field of life insurance.
James Bremner (Brem) Dow was educated at George Watson's College and Edinburgh and Cambridge Universities, before joining The Standard Life Assurance Company in 1928 as a junior apprentice. Brem Dow was responsible for the beginnings of the Standard Life Pensions schemes department in 1931, working with A. Ernest Bromfield, R.H. Mackay, and K.W. Marshall, and, working with Andrew Rutherford Davidson, provided a strong foundation for Standard Life's pensions business. Under Reid's management, Dow put a particular focus on expanding sales on home ground, rather than focusing extensively on overseas opportunities. Dow was appointed joint actuary in 1942, promoted to from secretary and actuary to deputy manager and secretary in 1961, and finally manager in 1964.
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