News

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 1^st.

SSQ Insurance sponsors mental well-being program Stronger Minds by BEACON

As Mental Health Week kicks off, SSQ Insurance is pleased to announce its contribution to the Stronger Minds by BEACON program as a way to support the mental well-being of Canadians. SSQ Insurance is now a proud sponsor of this free digital program, created to help during the pandemic through resources provided by a team of clinical psychologists.

SSQ Insurance’s financial results for 2019 reflect its excellent financial strength

SSQ Insurance delivered results in 2019 that once again confirm its financial strength, with noteworthy gains in its financial results positioning it favourably in the industry:

• Over $2.5 billion in insurance business volume
• Assets under management and administration over $13 billion
• Equity attributable to shareholders over $1 billion
• $102 million in consolidated net income
• 10% return on equity

SSQ Insurance offers rebate to its auto insurance clientele

SSQ Insurance is offering all its clients with auto insurance policies a 20% rebate on their monthly premium for each insured vehicle, a measure enabling the insurer to pass on substantial savings to its insureds.

SSQ Insurance looking out for the mental health of its customers in the pandemic

SSQ Insurance understands that its customers may have concerns about the COVID-19 coronavirus and is offering free access to a telephone counselling service to its entire clientele to help them cope through this difficult period.

Important information – SSQ, Mutual Management Corporation Annual Meeting

Every year, we look forward to meeting with members and delegates at the SSQ, Mutual Management Corporation Annual Meeting. However, due to public health concerns beyond our control, we are forced to postpone the 2020 Annual Meeting and all its activities, scheduled for April 16 and 17 in Quebec City, to a later date.

Sincerely,

René Hamel
Chair of the Board
SSQ, Mutual Management Corporation

Notice of Meeting - Extraordinary Meeting

The delegates and members of SSQ, Mutual Management Corporation are invited to attend the Extraordinary Meeting, and any adjournment thereof, to be held on Tuesday, March 3, 2020 at 4:30 p.m., at Le Bonne Entente hotel, located at 3400, chemin Ste-Foy, Quebec City.

La Capitale and SSQ Insurance announce their intention to combine operations

La Capitale Insurance and Financial Services and SSQ Insurance are announcing today their decision to combine operations. The new entity will become an influential player and the biggest mutual insurance company in Canada. From day 1 it will have 4,700 employees and more than 3.5 million members and clients.

SSQ Insurance continues with its digital health strategy

SSQ Insurance partners with HALEO and MindBeacon Group in an effort to give its group insurance plan members access to digital cognitive behavioural therapy (CBT). These partnerships stem from the insurer’s desire to find innovative ways to satisfy the needs of its customers, namely through the deployment of a digital health strategy. Through this modern, online approach, SSQ Insurance is hoping to help its customers with mental health management, specifically through the prevention and early detection of sleep and stress-related problems as well as mood and anxiety disorders.

Jean-François Chalifoux, new Chair of the Centre de développement en assurances et services financiers

At their last meeting, the members of the board of directors of the Centre de développement en assurances et services financiers (CDASF), also known as Puissance Onze – Quebec City Lévis, elected their organization’s key administrators.