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Nippon Life Japan: 725.0 10 Manulife Financial Canada: 718.1 11 Assicurazioni Generali Italy: 663.9 12 American International Group United States: 596.1 13 Life Insurance Corporation India: 560.3 14 Japan Post Insurance Japan: 551.0 15 CNP Assurances France: 547.0 16 Dai-ichi Life Japan: 540.4 17 Aegon N.V. Netherlands: 531.0 18 Credit Agricole ...
Manulife was incorporated as "The Manufacturers Life Insurance Company" by Act of Parliament on June 23, 1887, and was headed by Canada's prime minister, John A. Macdonald, and Ontario's lieutenant-governor, Alexander Campbell (there were no conflict-of-interest guidelines at the time and it was not unusual for public persons to be involved in private industry). [8]
The North American Life Assurance Company, commonly known as North American Life, was an insurance company headquartered in Newtonbrook, Toronto, Ontario.. In 1995, it was one of the largest mutual insurance companies in North America with US$4.48 billion in assets before merging with The Manufacturers Life Insurance Company to form Manulife Financial the following year.
Acquired by Economical Insurance: Monarch Life Assurance Company 1904 1983 Acquired by North American Life. Montreal Fire Insurance Company 1818 1820 Third insurance company founded in Canada. Failed in 1820. Montreal Life Insurance Company 1908 1986 Founded as the Travellers Life Assurance Company of Canada; name changed in 1924.
John Hancock Life Insurance Company, U.S.A. is a Boston-based insurance company. Established April 21, 1862, it was named in honor of John Hancock , a prominent American Patriot . In 2004, Canadian multinational life insurance company Manulife Financial acquired John Hancock and operates it as an independent subsidiary.
Term life insurance: guarantees payment of a death benefit during a specified time period. Additional TruStage insurance products include: Accidental death and dismemberment insurance (underwritten by CMFG Life Insurance Company): [18] pays a cash benefit if a person dies or is seriously injured in an accident.
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