Assumption Life
(Redirected from Assomption Vie)
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| Assumption Life | |
Native name | Assomption Compagnie Mutuelle d’Assurance-Vie |
| Company type | Mutual company |
| Industry | Insurance |
| Founded | 1903 in Waltham, Massachusetts |
| Headquarters | |
Key people | Sebastien Dupuis (President and CEO) |
| Revenue |  CA $105.7 million (2007)[1] |
| CA $7.2 million (2007)[1] | |
| CA $4.1 Million (2007)[1] | |
Number of employees | 339[2] |
| Website | assomption.ca |
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]
History
[edit]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
[edit]Assumption Life has majority control over the following companies:
- Louisbourg Investments Inc., an investment portfolio management firm with over 1.4 billion dollars of assets under management.[2]
- Assumption Place Ltd., A real estate holding company which owns the company's head office in Moncton (Assumption Place) along with other properties in Moncton and Edmundston, New Brunswick
- Atlantic Holdings (1987) Ltd.
- Lavvi, a financial services software-as-a-Service (SaaS) company
See also
[edit]References
[edit]- ^ a b c "2007 Annual Report" (PDF). Assumption Life. Archived from the original (PDF) on 2011-07-06. Retrieved 2008-06-20.
- ^ a b "2008 Corporate Profile" (PDF). Assumption Life. Archived from the original (PDF) on 2011-07-06. Retrieved 2008-06-20.
- ^ "Our Company". Assumption Life. Archived from the original on 2006-01-29. Retrieved 2008-06-20.
External links
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