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Home > Company Index > Insurance > Multiline Insurance > Clarica Life Insurance Company

Clarica Life Insurance Company
 NEWS FROM THE WIRES
Mack-Cali second quarter FFO flat
Aug 09 2001 06:30 AM PDT

Mexico stocks up modestly on healthy earnings reports
Jul 26 2001 10:42 AM PDT

Insurer Clarica posts record second-quarter profit
Jul 26 2001 09:25 AM PDT

More WIRE STORIES about this company

 PROFILE
Founded in 1870, the Clarica Life Insurance Company was Canada's first mutual insurance provider and today is one of its four largest insurers. Products for individuals include life, critical illness, personal health, and long term care insurance, along with various financial planning services. The firm offers its corporate clients group life, health, and disability products and services. Clarica Life also provides several savings and retirement products, including mutual funds, annuities, and pension plans. The company has around 3,000 agents working out of some 90 offices in Canada. The company also sells its products in the US (where it is planning to grow) through more than 1,000 independent agents.

 COMPETITION
AGF Management Limited (AGF)
The Canada Life Financial Corporation (CLU)
Manulife Financial Corporation (MFC)

 DEALS
Deal: BCE Emergis Forms Partnership With Clarica
Date Announced: 03.29.01
Value of transaction (US $Mil): 0
Description: BCE Emergis and Clarica Life Insurance will create a Web-based health and dental claims processing system.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,903.80
1-Yr. Sales Growth: 1.7%
Employees: 7,300
Revenue per employee: $534,767.12

 KEY PEOPLE
• Robert M. Astley
    CEO

 CONTACT INFO
227 King St. South
Waterloo Ontario N2J 4C5, Canada
Phone: 1-519-888-2290
Fax: 1-519-888-2171
Online: Web Site

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