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Thomson Financial Business Description:
| The Group's principal activity is to provide traditional life, asset-intensive, critical illness and financial reinsurance. It generates its revenue through reinsurance agreements that cover a portfolio of life insurance products, including term life, credit life, universal life, whole life, joint and last survivor insurance, critical illness, as well as annuities, financial reinsurance and direct premiums which include single premium pension annuities, universal life and group life. It operates in five segments: U.S., Canada, Europe & South Africa, Asia Pacific and Corporate and Other. The non-traditional business includes asset-intensive and financial reinsurance. The asset-intensive products primarily include reinsurance of corporate-owned life insurance and annuities. The Group has operations in the United States, Canada, Europe & South Africa and Asia Pacific. |
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