Assumption Life

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 Mutual Life Insurance Company

Trade name	Assumption Life
Native name	Assomption Compagnie Mutuelle d’Assurance-Vie
Company type	Mutual company
Industry	Insurance
Founded	1903; 122 years ago (1903) in Waltham, Massachusetts
Headquarters	Moncton, New Brunswick
Key people	Sebastien Dupuis (President and CEO)
Revenue	CA $105.7 million (2007)[1]
Operating income	CA $7.2 million (2007)[1]
Net income	CA $4.1 Million (2007)[1]
Number of employees	339[2]
Website	assomption.ca

Assumption Place, a 20 storey office building in Downtown Moncton is the headquarters of Assumption Life

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

• Michel Bastarache
• List of companies headquartered in Moncton