Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Crown Life Reports Lower Net Income

Your article was successfully shared with the contacts you provided.

NU Online News Service, Nov. 15, 2:02 p.m. – Crown Life Insurance Company, Regina, Saskatchewan, is reporting the equivalent of $5.8 million in net income in U.S. currency for the third quarter on $20 million in revenue, compared with $6.2 million in net income on $23 million in revenue for the third quarter of 2000

The figures are based on an exchanged rate of $1=1.58 Canadian dollars for the 2001 figures, and $1=1.5 Canadian dollars for the 2000 figures.

Canada Life Assurance Company, Toronto, acquired most Crown Life operations through reinsurance agreements in 1999.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.