Assumption LifeAssumption Mutual Life Insurance Company, operating as Assumption Life, is a Canadian life insurance and asset management company based in Moncton, New Brunswick.HistoryThe company was established in 1903 by Acadians in Massachusetts as la Société l'Assomption, a small life insurance agency. The company moved to Moncton in 1913 and up until 1969 the company was run as a fraternal society before becoming a mutual organization. In 1972, Assumption Life moved into their new head office in Moncton, Assumption Place, which is by far the tallest building in the city.