(September 28 – 16:10 ET) – Clarica Life Insurance Co. will maintain its dividend scale at current levels in 2001 for individual dividend-paying life insurance policies in Canada, resulting in the distribution of $360 million to its participating policyholders.

“This is the second consecutive year that we have been able to maintain our dividend scale since demutualizing in July 1999,” said Barry Triller, executive vice president, Canadian customers. “Clarica is very committed to providing value to our policyholders and this is a positive demonstration of that commitment.”
-IE Staff