NU Online News Service, Nov. 15, 4:22 p.m. – Maritime Life Assurance Company, Halifax, Nova Scotia, is reporting the equivalent of $7.6 million in net income in U.S. currency for the third quarter on $223 million in revenue, compared with $11 million in net income on $211 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.
Maritime sells individual life insurance, investment products, pensions, and group life and health products.
