Canada Life Announces New Joint Venture Company In India.Business Editors TORONTO--(BUSINESS WIRE)--Sept. 22, 2000 Canada Life Financial Canada Life Financial Corporation TSX: CL is a Canadian company that offers life, health, and disability insurance for groups and individuals. Founded in 1847, it was acquired by The Great-West Life Assurance Company in 2003, after rejecting a hostile takeover bid by Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CL.) announced today that The Canada Life Assurance Company, Centurion Bank Centurion Bank is a wholly submerged atoll structure in the Southwest of the Chagos Archipelago. It is the southermost feature of the archipelago. It is about almost 10 km long northwest-southeast, and more than 3 km wide. The reef area is about 25 km². Ltd., TCFC TCFC The Case for Christ (book) TCFC Time-Correlated Fading Channel Finance Limited of Mumbai and The ARDEE Group of New Delhi New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. have registered in India a new joint venture company named Canada Life Centurion Assurance Company. Operating as "Canada Life Centurion in association with The ARDEE Group," the company will imminently file its application for an insurance licence in anticipation of bringing innovative financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and products to the people of India. The formation of the new partnership creates a unique company in India with a wealth of experience in all aspects of financial services including asset management, business training, marketing and technology. "Canada Life Centurion in association with The ARDEE Group" looks forward to providing excellent service to meet the needs of consumers and supporting the individuals who distribute our products and services. Centurion Bank is one of the leading private sector players in retail and corporate banking with a nationwide network of 70 branches offering services ranging from corporate banking, treasury, retail financing and capital market products to personal banking products. TCFC Finance Limited is engaged in securities investment and trading. The ARDEE Group of Companies is a leading business conglomerate in India based in New Delhi engaged in real estate development, finance, engineering, education, international trading in commodities and information technology. Canada Life Financial Corporation, founded in 1999, is the holding company for The Canada Life Assurance Company and is traded on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol "CL". The Canada Life Assurance Company, established in 1847, is the oldest Canadian life insurance company and one of the largest, based on consolidated premium income and assets. Headquartered in Toronto, Canada, the company has total assets under administration in excess of $56 billion, operating across Canada, the United States, Ireland and the United Kingdom, with recent acquisitions and joint ventures in numerous countries. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion