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Companies Main
 TransAmerica Life Ins AIG Direct Canada Life Assurance Empire Life Insurance Equitable Life Insurance Industrial Alliance Ins Standard Life Ins RBC Life Insurance Manulife Insurance Unity Life Insurance
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Mar 15 2007
Feature stories about TransAmerica Life Insurance Feature stories about TransAmerica Life Insurance READ MORE |
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About TransAmerica Life Insurance from: TransAmerica's Website Transamerica Life Canada Since 1927, the Transamerica group of companies has been providing Canadians with peace of mind and innovative financial solutions. We were one of the first Canadian insurance groups to offer such products as term insurance, universal life insurance, and nonsmoker rates. Transamerica Life Canada is a wholly-owned subsidiary of AEGON N.V., one of the largest insurance companies in the world. Based in the Netherlands, it has major company operations in Hungary, Spain, and the United Kingdom, in addition to the Netherlands and Americas. Transamerica Life Canada is a market leader in the sale of individual life insurance and segregated funds. Through a national network of 18,000 independent advisors, Transamerica Life Canada helps Canadians meet their financial goals and preserve their wealth through innovative financial products and services. Transamerica Life Canada recorded over $7 billion in total assets under management.
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About AIG from AIG Assurance Canada website AIG (American International Group, Inc.)is the world's leading international insurance and financial services organization, with operations in approximately 130 countries and jurisdictions. AIG member companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In the United States, AIG companies are the largest underwriters of commercial and industrial insurance and AIG American General is a top-ranked life insurer. AIG's global businesses also include financial services, retirement services and asset management. AIG's financial services businesses include aircraft leasing, financial products, trading and market making. AIG's growing global consumer finance business is led in the United States by American General Finance. AIG also has one of the largest U.S. retirement services businesses through AIG SunAmerica and AIG VALIC, and is a leader in asset management for the individual and institutional markets, with specialized investment management capabilities in equities, fixed income, alternative investments and real estate. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
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About Canada Life Assurance from: Canada Life Assurance's website Founded in 1847, The Canada Life Assurance Company, (Canada Life) was the country's first domestic life insurance company. The Company has grown and prospered and today, Canada Life provides insurance and wealth management products and services from coast to coast in Canada, and internationally, in the United Kingdom, Isle of Man, the Republic of Ireland and Germany. Canada Life is a subsidiary of The Great-West Life Assurance Company. Great-West, together with its subsidiaries London Life Insurance Company and Canada Life has more than $134 billion in assets under administration. Canada Life and Great-West are members of the Power Financial Corporation group of companies.
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About Empire Life from Empire Life's website History of Empire Life Founded in 1923, The Empire Life Insurance Company has grown to become one of the top 10 life insurance companies in Canada. Now, we offer a full range of financial products and services to Canadians including life and critical illness coverage, retirement and investment options, group life, health, RSP plans and more. Early in the Company?s history, our Corporate Head Office moved from Toronto to Kingston, Ontario and has since become an integral part of the city?s history. Empire Life is a subsidiary of E-L Financial Services Limited, which is 81% owned by E-L Financial Corporation Limited of Toronto and 19% owned by Guardian Assurance plc.
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About Equitable Life Insurance from:Equitable Life Insurance's website The Equitable Life Insurance Company of Canada has provided Canadians with sound financial protection for over 80 years. As an independent, mutual life insurance company, Equitable Life has no shareholders. Policyholders who purchase participating life insurance policies are eligible to receive dividends supported by distributable earnings from all lines of business. Founded in 1920 in Waterloo, Ontario, Equitable Life is among Canada's top 15 life insurers in terms of revenue.* As at December 31,2004, total assets under administration exceeded $1.3 billion and the Company had more than $27 billion of business in force.
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Industrial Alliance History from: Industrial Alliance Life Insurance's website
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About Standard Life Insurance from: Standard Life Insurance's website Standard Life Canada is a major investment, retirement and financial protection company. Along with its affiliated companies in Canada, as of June 30, 2006, The Standard Life Assurance Company of Canada had $34.5 billion in assets under management and offered a wide range of financial products and services to over 1.31 million individuals, including group insurance and pension plan members. Our 1,961 employees are committed to providing superior customer service from the principal office in Montr?al and the 25 sales offices across the country. Products and services include group savings and retirement, group insurance, individual life insurance, savings and retirement, mutual funds and portfolio management. Total premium income and deposits reached $5.2 billion in 2005. Standard Life has been a prominent player in the Canadian marketplace since 1833.
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History/Overview of RBC Insurance Royal Bank of Canada Insurance Company Ltd. was founded 1987, and is based in Barbados. RBC Reinsurance (Ireland) Limited was founded in 1998, and is based in Dublin, Ireland. Both entities are wholly owned by Royal Bank of Canada. Reinsurance transactions normally take place between insurance companies, with the primary purpose of transferring risk from one insurance company to another insurance company. RBC Insurance focuses on two main areas of reinsurance: life retrocession and trade credit & financial products.
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About Manulife Life Insurance from: Manulife Canada's website June 23, 1887, The Manufacturers Life Insurance Company (Manulife Financial) was incorporated by an Act of Parliament. Sir John A. Macdonald, Canada's first Prime Minister, was elected President of the Company. September 28, 2003, Manulife Financial Corporation and John Hancock Financial Services Inc.(including its Canadian subsidiary Maritime Life) announced that their Boards of Directors had each unanimously agreed to a tax?free stock?for?stock merger of the companies creating a leading global insurance franchise. Completed in April 2004, the merger creates the largest life insurer in Canada, second largest in North America, and fifth largest in the world. Total funds under management increased by 11 per cent, or $43 billion, over last year to reach a record level of $414 billion as at December 31, 2006. Premiums and deposits amounted to $64.9 billion for 2006, a record level for the Company driven by organic growth in segregated funds and mutual funds.
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About Unity Life Insurance from: Unity Life Insurance's website Unity Life of Canada originated in 1898 as the Insurance Department of the Subsidiary High Court of the Ancient Order of Foresters. This was followed in 1934 with incorporation as a mutual life insurance company, and a name change to Toronto Mutual Life Insurance Company in 1939. In 2002 Toronto Mutual Life amalgamated with subsidiary company, The Western Life Assurance Company, under a new identity, Unity Life of Canada, representing renewed vigour, strength and purpose. Unity Life?s overriding mandate is the provision of financial security to our policyholders. Our vision of ensuring quality of life is met through our focus on protection, security and well-being of Canadians. At the core of Unity Life is an innovative and entrepreneurial drive built on achieving quality results, our commitment to serve, success through our people and partners, a drive for continuous improvement and learning, and a passion to achieve and excel in all that we do. Whether it is bringing innovative financial solutions to market or providing the technology and infrastructure to make doing business easier, we deliver unique and targeted solutions which provide value to our policyholders.
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