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Amica Mature Lifestyles (TSX:ACC) Net Policyholder Benefits/Claims


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What is Amica Mature Lifestyles Net Policyholder Benefits/Claims?

Net Policyholder Benefits/Claims only applies to insurance companies.


Amica Mature Lifestyles (TSX:ACC) Business Description

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Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.