Assumption Life

Assumption Life

 

 

 

 

 

 

 

 

 

Established in 1903, Assumption Life draws on a century of consolidation, mutual assistance, education and economic and social development within Acadian and regional communities 108 years later: Assumption Life from coast to coast

One hundred seven years after its foundation, this New Brunswick-based firm is present in all 10 Canadian provinces, through our distribution network consisting of almost 4,000 brokers. We offer a wide range of products:

• Individual life insurance

• Group insurance

• Critical illness insurance

• Investment products through well-known fund managers

(AGF, CI Investments, Fidelity Investments, Louisbourg

Investments and Montrusco Bolton Investments)

• Group savings and retirement plans

• Mortgage loans

 

Financial highlights for 2010

• Assumption Life revenues rose to $149 million.

• Policyholder assets exceeded $95.4 million.

• The Company’s solvency ratio stood at 281%.

• Net profits reached $5.8 million.

• Individual life insurance sales stood at $8.9 million.

• Group insurance sales reached $4 million.

• Financial product sales totaled $51 million.

• Assumption Life head office employee salaries exceeded $8.8 million.

The year 2010 was also a period for recognizing excellence

at Assumption Life.

• Assumption Life has been named one of the 100 best places to work in Canada and among the 25 best in Atlantic Canada

by Toronto-based Mediacorp Canada Inc. Assumption Life also ranked 30th in the top 101 companies in Atlantic Canada and

in Progress Magazine’s list of the 10 Atlantic Canadian companies with the best internal practices.

• A.M. Best, one of the leading insurance rating agencies, assigned its A- (excellent) rating to Assumption Life.

Head Office:

Assumption Life’s head office is located at 770 Main St., in the Assumption Place building in downtown Moncton. Here are the various ways that you can reach us:

 

Mailing address:
Assumption Life

P. O. Box 160
Moncton NB E1C 8L1

As established insurance brokers, we could help you with detailed understanding of the several insurance products of Assumption Life and several other insurance companies in Canada.  Please feel free to contact me at aman@yourinsuranceguy.ca or at 1 416 509 2540. Please visit me for a no obligation quote or advice.

 

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