May 24, 2013 10:21 PM ET

Insurance

Company Overview of The Canada Life Assurance Company

Company Overview

The Canada Life Assurance Company provides insurance and wealth management products and services to individuals, families, and business owners primarily in Canada, the United States, the United Kingdom, the Isle of Man, Ireland, and Germany. It offers various insurance products, including life, health, disability, and critical illness insurance, as well as creditor insurance to protect the financial obligations of individuals with mortgages, loans, credit cards, lines of credit, or leases through financial institutions, automobile dealerships, and other lending institutions. The company also offers retirement and investment products, such as segregated fund policies, payout annuities, guaran...

Detailed Description

330 University Avenue

Toronto, ON M5G 1R8

Canada

Founded in 1847

Phone:

416-597-6981

www.canadalife.com

Key Executives for The Canada Life Assurance Company

Chief Executive Officer and President
Chief Financial Officer
Chief Executive Officer of CLCC - European Operations and President of CLCC - European Operations
Age: 60
President of Europe Operations and Chief Operating Officer of Europe Operations
President of Canada Operations and Chief Operating Officer of Canada Operations
Compensation as of Fiscal Year 2012.

The Canada Life Assurance Company Key Developments

The Canada Life Assurance Company, Annual General Meeting, May 02, 2013

The Canada Life Assurance Company, Annual General Meeting, May 02, 2013., at 11:00 Central Standard Time. Location: The Great-West Life Assurance Company. Agenda: To receive the financial statements for the year ended December 31, 2012 and the reports of the auditor and the actuary thereon; to elect directors; to appoint the auditor; and to transact such other business as may be properly brought before the meeting or any adjournment thereof.

The Canada Life Assurance Company, Annual General Meeting, May 03, 2012

The Canada Life Assurance Company, Annual General Meeting, May 03, 2012., at 11:05 US Eastern Standard Time. Location: 330 University Avenue. Agenda: To receive the financial statements for the year ended December 31, 2011 and the reports of the auditor and the actuary thereon; to elect directors; to appoint the auditor; and to transact such other business as may be properly brought before the meeting or any adjournment thereof.

The Canada Life Assurance Company Reports Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2011

The Canada Life Assurance Company reported consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported total premiums of CAD 2,045 million compared to CAD 2,581 million a year ago. Net earnings attributable to the common shareholders were CAD 234 million compared to CAD 129 million a year ago. Basic earnings per share were CAD 1.02 compared to CAD 0.58 a year ago. Book value per share was CAD 19.73 compared to CAD 16.60 a year ago. For the year, the company reported total net premiums of CAD 3,936 million compared to CAD 4,392 million a year ago. Earnings before income taxes were CAD 1,329 million compared to CAD 1,315 million a year ago. Net earnings were CAD 1,091 million compared to CAD 1,049 million a year ago. Net earnings attributable to the common shareholders were CAD 821 million compared to CAD 783 million a year ago. Basic earnings per share were CAD 3.62 compared to CAD 3.54 a year ago. Cash flow from operations was CAD 1,481 million compared to CAD 2,044 million a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 15, 2013
The Canada Life Assurance Company, Bridge House in Uxbridge
 

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