Assumption Mutual Life Insurance Company,

operating as A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...

Assumption Life (), is a Canadian

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typical ...

and

asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

company based in

Moncton Moncton (; ) is the most populous city in the Provinces and territories of Canada, Canadian province of New Brunswick. Situated in the Petitcodiac River Valley, Moncton lies at the geographic centre of the The Maritimes, Maritime Provinces. Th ...

New Brunswick New Brunswick is a Provinces and Territories of Canada, province of Canada, bordering Quebec to the north, Nova Scotia to the east, the Gulf of Saint Lawrence to the northeast, the Bay of Fundy to the southeast, and the U.S. state of Maine to ...

History

The company was established in 1903 by

Acadian The Acadians (; , ) are an ethnic group descended from the French who settled in the New France colony of Acadia during the 17th and 18th centuries. Today, most descendants of Acadians live in either the Northern American region of Acadia, ...

s in

Massachusetts Massachusetts ( ; ), officially the Commonwealth of Massachusetts, is a U.S. state, state in the New England region of the Northeastern United States. It borders the Atlantic Ocean and the Gulf of Maine to its east, Connecticut and Rhode ...

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 A mutual organization, also mutual society or simply mutual, is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a cooperative, members usually do not ...

. In 1972, Assumption Life moved into their new head office in Moncton, Assumption Place, which is by far the tallest building in the city.

References

External links

Official website
{{Acadia Financial services companies established in 1903 Companies based in Moncton Life insurance companies of Canada Mutual insurance companies 1903 establishments in Massachusetts Asset management companies

History

See also

References

External links