Confederation Life Insurance Company

Confederation Life Insurance Company (often abbreviated CLIC; NAIC 80667) was a Canadian-founded life insurer that expanded internationally, including U.S. operations, before entering liquidation in the 1990s. Public company summaries describe a long operating history beginning in the 19th century and a head office presence in Toronto, with later expansion into additional markets. The companys failure and liquidation became a notable cross-border event because policies and obligations existed in multiple jurisdictions. In Canada, industry protection mechanisms and the court-supervised liquidation process were used to limit disruption for policyholders. Over time, blocks of Confederation Life's business were transferred to other insurers under oversight of the liquidator; legal deal summaries report transactions where another major carrier assumed specific annuity liabilities, illustrating the practical goal of moving long-duration promises onto stable platforms. Confederation Life's history reflects the recurring challenges for life insurers: maintaining sufficient assets to support long-tailed liabilities, managing credit and interest-rate risk in investment portfolios, and responding to competitive pressure for attractive credited rates and savings features. When an insurer falls short on assets relative to obligations, resolution typically centers on orderly runoff, asset realization, and, where possible, assumption reinsurance or novation-like transfers of policy blocks. Because the firm is in liquidation, current public sources focus more on policyholder directions and estate administration than on ongoing ratings or new product strategy. For researchers, the key milestones are the 1990s liquidation and the subsequent multi-year transfers and claims administration overseen by the liquidator.

https://members.nolhga.com/companies/public/main.cfm/NAICCode/80667/GAID/100 | https://opengovca.com/corporation/362620 | https://ecorp.sos.ga.gov/BusinessSearch/BusinessInformation?businessId=777553 | https://www.mapquest.com/ca/ontario/confederation-life-in-liquidation-500356527

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