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when did desjardins buys state farm

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Levis,Quebec,November 21,2017 — In January 2015,Desjardins Group the leading cooperative financial group in Canada with over $276 billion in assets completed the purchase of State Farm Canadian property and casualty and life insurance operations,as well as its mutual fund,loan and living benefits companies.

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  • Does Desjardins Group own state farm?

  • Levis, Quebec (January 2, 2015) 鈥?Desjardins Group, the leading cooperative financial group in Canada, announces that it has completed the purchase of State Farm Canada’s businesses in property and casualty and life insurance, as well as its Canadian mutual fund, loan and living benefits companies as of January 1, 2015.

  • What does the State Farm-Desjardins deal mean for Canada鈥檚 insurance industry?

  • A major shakeup is underway in the Canadian insurance industry, as Desjardins Group announced it is acquiring some of State Farm Canada鈥檚 key lines of businesses. Under the deal, Desjardins will acquire State Farm鈥檚 property, casualty and life insurance clients.

  • What happened to Desjardins Insurance?

  • As part of its ongoing integration plan, Desjardins announced today that the former State Farm Canadian business will gradually be rebranded Desjardins Insurance. The brand transition will officially begin on May 1, 2018, and will be completed by December 31, 2019. This is an exciting step in the evolution of Desjardins.

  • Who bought out State Farm in Canada?

  • Desjardins Group acquires State Farm’s Canadian operations. In January 2014, Desjardins Group announced that it had reached an agreement to acquire the Canadian operations of State Farm, the largest property and casualty (PC) mutual insurance company in the United States.

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