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- Confederation_Life abstract "Confederation Life Insurance Company, also known as Confederation Life, was a major Canadian insurance company and financial services provider. Its global head office was located in Toronto in what is now the Rogers Building. The company had operations in Canada, the United States, the United Kingdom, and Bermuda, and an inactive office in Cuba.The company was founded in 1871 by John Kay Macdonald (1837–1928) in Toronto, then established operations in the UK in 1906 (with head office at Stevenage, Hertfordshire) and later into the United States with offices in Atlanta.Macdonald retired in 1920 and was succeeded by: Charles Strange Macdonald 1921-1946 John K. Macdonald II 1946-1969In 1969, J. Craig Davidson became president and for the first time the firm was no longer led by a member of the Macdonald family.Confederation Life was forced into liquidation in 1994. The process began on August 11 of that year. Due to the international operations of the company, the liquidation process was somewhat complex. The company had financial obligations to 260,000 individual policyholders in Canada, and it also had another 1.5 million people who were members of a group insurance plan through the company. During the liquidation process, CompCorp (who was by then called Assuris) was able to guarantee the assets of all policyholders, and the process only cost the compensation fund CA$5 million. The various blocks of business held by the company were taken over by several different Canadian and American insurance companies. The liquidator is KPMG in Toronto, who is responsible for distribution of funds to the various creditors. As of 2010, the process was still ongoing.This was the third liquidation of an insurance company in Canada, and as of 2010, was the last such liquidation.".
- Confederation_Life extinctionYear "1994".
- Confederation_Life fate "In liquidation".
- Confederation_Life foundingYear "1871".
- Confederation_Life industry Insurance.
- Confederation_Life locationCity Toronto.
- Confederation_Life locationCountry Canada.
- Confederation_Life type Public_company.
- Confederation_Life wikiPageExternalLink www.confederationlife.com.
- Confederation_Life wikiPageID "22031229".
- Confederation_Life wikiPageRevisionID "604149048".
- Confederation_Life fate "In liquidation".
- Confederation_Life hasPhotoCollection Confederation_Life.
- Confederation_Life industry Insurance.
- Confederation_Life locationCity Toronto.
- Confederation_Life locationCountry Canada.
- Confederation_Life name "Confederation Life Insurance Company".
- Confederation_Life type Public_company.
- Confederation_Life subject Category:Defunct_financial_services_companies_of_Canada.
- Confederation_Life type Abstraction100002137.
- Confederation_Life type Company108058098.
- Confederation_Life type DefunctFinancialServicesCompaniesOfCanada.
- Confederation_Life type Group100031264.
- Confederation_Life type Institution108053576.
- Confederation_Life type Organization108008335.
- Confederation_Life type SocialGroup107950920.
- Confederation_Life type YagoLegalActor.
- Confederation_Life type YagoLegalActorGeo.
- Confederation_Life type YagoPermanentlyLocatedEntity.
- Confederation_Life type Agent.
- Confederation_Life type Company.
- Confederation_Life type Organisation.
- Confederation_Life type Organization.
- Confederation_Life type Agent.
- Confederation_Life type SocialPerson.
- Confederation_Life type Thing.
- Confederation_Life comment "Confederation Life Insurance Company, also known as Confederation Life, was a major Canadian insurance company and financial services provider. Its global head office was located in Toronto in what is now the Rogers Building.".
- Confederation_Life label "Confederation Life".
- Confederation_Life sameAs m.05p50l2.
- Confederation_Life sameAs Q5159785.
- Confederation_Life sameAs Q5159785.
- Confederation_Life sameAs Confederation_Life.
- Confederation_Life wasDerivedFrom Confederation_Life?oldid=604149048.
- Confederation_Life isPrimaryTopicOf Confederation_Life.
- Confederation_Life name "Confederation Life Insurance Company".