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Canadian insurer Sun Life to buy Assurant's unit for $975 mln

Published 2015-09-09, 05:13 p/m
© Reuters.  Canadian insurer Sun Life to buy Assurant's unit for $975 mln
AIZ
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SLF
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Sept 9 (Reuters) - Canadian insurer Sun Life Financial Inc
SLF.TO said it would buy New York-based insurer Assurant (NYSE:AIZ) Inc's
AIZ.N employee-benefits business for $975 million, creating
the sixth largest group benefits business in the United States.
The assets for sale include group life, disability, dental,
vision and other types of insurance that people acquire through
their employers, the company said on Wednesday.

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