Assumption Life
From Wikipedia, the free encyclopedia
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]
Assumption Life
Native name
Assomption Compagnie Mutuelle d’Assurance-VieCompany typeMutual company
IndustryInsurance
 | |
| 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 |
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.[citation needed]