| Assumption Mutual Life Insurance Company | |
| Trade Name: | Assumption Life |
| Native Name: | Assomption Compagnie Mutuelle d’Assurance-Vie |
| Type: | Mutual company |
| Foundation: | in Waltham, Massachusetts |
| Location City: | Moncton, New Brunswick |
| Key People: | Sebastien Dupuis (President and CEO) |
| Industry: | Insurance |
| Revenue: | CA $105.7 million (2007)[1] |
| Operating Income: | CA $7.2 million (2007) |
| Net Income: | CA $4.1 Million (2007) |
| Num Employees: | 339[2] |
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]
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.
Assumption Life has majority control over the following companies: