News
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May 3 2021
Beneva posts excellent first-time financial results
Quebec City, May 3, 2021 – Created by the coming together of La Capitale and SSQ Insurance, Beneva is posting its 2020 annual report today. Beneva came into being in mid-2020, so its results are a combination of the results of La Capitale and SSQ Insurance. These first-time results for the 12-month period ending on December 31, 2020, demonstrate the financial soundness of the new company.
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March 18 2021
SSQ Mutual - Notice to Attend the 2021 Annual Meeting
Delegates and board members are invited to attend the SSQ Mutual Annual Meeting (in virtual mode), and any adjournment thereof, which will be held at 3 p.m. (EDT) on Friday, April 30, 2021.
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December 14, 2020
Notice to Attend the 2021 Extraordinary Meeting
The delegates and members of the board of directors are hereby invited to attend the virtual Extraordinary Meeting (EM) of SSQ Mutual of approximately one hour and any adjournment thereof, to be held at 3:30 p.m. (EST) on Wednesday, January 20, 2021. The purpose of the EM is to adopt a resolution to ratify Bylaw No. VII approving the amendments to the general bylaws.
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December 3 2020
Hello, we are Beneva, people looking out for people
Beneva was officially unveiled today. Created by La Capitale and SSQ Insurance joining forces, Beneva will become the largest insurance mutual in Canada. Proud of its new identity and its values, Beneva is confident that a more caring approach will resonate with Canadians across the country.
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October 1 2020
A.M. Best affirms credit ratings for SSQ, Life Insurance Company Inc.
For a second consecutive year, international credit rating agency A.M. Best Co., specialized in the insurance sector, has given SSQ, Life Insurance Company Inc. a financial strength rating of “A (excellent)” and issuer credit rating of “a”. The outlook for both ratings is stable.
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August 13 2020
Born of the merger of La Capitale and SSQ Insurance, the largest mutual insurance company in Canada joins ICMIF
The largest mutual insurance company in Canada formed as a result of the merger of equals of La Capitale and SSQ Insurance is proud to join the International Cooperative and Mutual Insurance Federation (ICMIF), the only organization representing cooperative and mutual insurers worldwide.
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July 3 2020
Birth of the largest mutual insurance company in the country with La Capitale/SSQ Insurance merger of equals
La Capitale and SSQ Insurance are pleased to announce that their merger of equals is now official, creating the largest mutual insurance company in Canada with over 3.5 million members and clients.
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June 22 2020
SSQ Insurance launches new entirely electronic simplified life insurance products
SSQ Insurance proudly expands its product offering to include new simplified and guaranteed issue life insurance products and in doing so, is positioning itself quite favourably in this promising and fast-growing sector. The three new life insurance options provided by SSQ Insurance let customers apply for and get coverage in under 60 minutes – a process that is 100% electronic.
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June 9 2020
Appointment Notice – Jean-François Chalifoux elected Chair of the Board of Directors of the Canadian Life and Health Insurance Association
Jean-François Chalifoux, Chief Executive Officer of SSQ Insurance has been elected Chair of the Board of Directors of the Canadian Life and Health Insurance Association (CLHIA).
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June 3 2020
Green light from the National Assembly of Quebec - La Capitale and SSQ Insurance in the process of completing merger of equal on July 1st
La Capitale Insurance and Financial Services and SSQ Insurance have reached an important milestone in their merger of equals announced in January. The National Assembly of Quebec has given the green light and adopted the two private bills required to create the biggest insurance mutual in Canada. Following the completion of this step, the new company should come into existence on July 1st.
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