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RBC Insurance Holdings history
RBC Insurance Holdings company history timeline
In April 2000 Prism Financial Corporation, a Chicago mortgage broker, was acquired for $115 million.
Through this November 2000 deal, the bank took over Liberty Life Insurance Company and its 625 sales agents and Liberty Insurance Services Corporation, an administrator of third-party life and health insurance and a provider of underwriting, billing, and claims processing services.
During the fourth quarter of fiscal 2004 RBC recorded charges of CAD 322 million to write down the value of the mortgage unit and to eliminate nearly 1,700 jobs from the RBC head office.
In January 2006 RBC and Belgian banking giant Dexia NV/SA merged their administrative services arms that provided various custodial services for institutional investors.
Re-Opens PH&N High Yield Bond Fund to New InvestorsJuly 11, 2022Innovative climate solutions are the focus of this year's RBC Tech for Nature 2022 funding partnershipsJuly 06, 2022Three-quarters of young Canadians more likely to leave their current job for one with better benefitsJuly 05, 2022
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RBC Insurance Holdings competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Word & Brown Companies | 1984 | $300.0M | 750 | - |
| A-MAX Auto Insurance | 2002 | $22.0M | 750 | 120 |
| Columbian Financial Group | 1882 | $23.0M | 200 | - |
| Sterling Insurance, A Windsor Health Group Company | - | $88.0M | 750 | - |
| BKCW Insurance | 1952 | $270,000 | 7 | - |
| Great Lakes Insurance Services Group | - | $3.4M | 20 | - |
| Clark Insurance | 1931 | $540,000 | 7 | - |
| VelaPoint | 2006 | $24.0M | 350 | - |
| The Baltimore Life Companies | 1882 | $142.5M | 350 | 13 |
| Craig Insurance | - | - | - | 2 |
RBC Insurance Holdings history FAQs
Zippia gives an in-depth look into the details of RBC Insurance Holdings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about RBC Insurance Holdings. The employee data is based on information from people who have self-reported their past or current employments at RBC Insurance Holdings. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by RBC Insurance Holdings. The data presented on this page does not represent the view of RBC Insurance Holdings and its employees or that of Zippia.
RBC Insurance Holdings may also be known as or be related to RBC Insurance Holdings.