Assumption Life

{{Only primary sources|date=March 2025}}

{{Infobox company

|name = Assumption Mutual Life Insurance Company

|trade_name = Assumption Life

|native_name = Assomption Compagnie Mutuelle d’Assurance-Vie

|logo = Assumption Life Logo.png

|logo_size = 270px

|type = Mutual company

|foundation = {{start date and age|1903}} in Waltham, Massachusetts

|location_city = Moncton, New Brunswick

|location_country =

|key_people = Sebastien Dupuis (President and CEO)

|industry = Insurance

|revenue = {{profit}} CA $105.7 million (2007){{cite web|title=2007 Annual Report |url=http://www.assomption.ca/media_uploads/pdf/822.pdf |publisher=Assumption Life |accessdate=2008-06-20 |url-status=dead |archiveurl=https://web.archive.org/web/20110706164954/http://www.assomption.ca/media_uploads/pdf/822.pdf |archivedate=2011-07-06 }}

|operating_income = {{profit}} CA $7.2 million (2007)

|net_income = {{profit}} CA $4.1 Million (2007)

|num_employees = 339{{cite web|title=2008 Corporate Profile |url=http://www.assomption.ca/media_uploads/pdf/788.pdf |publisher=Assumption Life |accessdate=2008-06-20 |url-status=dead |archiveurl=https://web.archive.org/web/20110706165028/http://www.assomption.ca/media_uploads/pdf/788.pdf |archivedate=2011-07-06 }}

|slogan =

|homepage = {{url|https://www.assomption.ca|assomption.ca}}

}}

File:Assumption Place, Downtown Moncton.jpg, a 20 storey office building in Downtown Moncton is the headquarters of Assumption Life]]

Assumption Mutual Life Insurance Company, operating as Assumption Life ({{langx|fr|Assomption Vie}}), is a Canadian life insurance and asset management company based in Moncton, New Brunswick.{{cite web|title=Our Company |url=http://www.assomption.ca/English/index/dynamic.cfm?id=101 |publisher=Assumption Life |accessdate=2008-06-20 |url-status=dead |archiveurl=https://web.archive.org/web/20060129202301/http://www.assomption.ca/English/index/dynamic.cfm?id=101 |archivedate=2006-01-29 }}

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.

See also

References

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