Under this system, organisms are classified into three domains and six kingdoms. The domains are Archaea, Bacteria, and Eukarya. The kingdoms are Archaebacteria (ancient bacteria), Eubacteria (true bacteria), Protista, Fungi, Plantae, and Animalia. The Archaea and Bacteria domains contain prokaryotic organisms.
Each company changed from a participating company to a publicly traded stock company in a process called demutualization. In 2002, Sun Life and Clarica amalgamated and formed one insurance company, Sun Life Assurance Company of Canada.ow a part of Sun Life. Sun Life Assurance Company of Canada (Sun Life) and Clarica Life Insurance Company (Clarica) were at one time two separate mutual companies, owned by their participating policyholders.
As is typical of most insurers in the United States, Travelers never dissolved the various companies it acquired, but simply made them wholly owned subsidiaries and trained its employees to act on behalf of those subsidiaries. This is a common risk management strategy used by U.S. insurance groups.n 1998, the Travelers Group merged with Citicorp to form Citigroup. However, the synergies between the banking and insurance arms of the company did not work as well as planned, so Citigroup spun off Travelers Property and Casualty into a subsidiary company in 2002, although it kept the red umbrella logo.