Canadian Premier Life Insurance Company (Canadian Premier) has signed an agreement with US-based Western & Southern Financial Group (Western & Southern) to purchase its block of Canadian life insurance business, marketed under the Gerber Life brand. Closing of the purchase is expected to take place in the second quarter of 2020, subject to regulatory approval.
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Canadian Premier Life, Gerber Life, Mergers & Acquisitions, Insurance, Reinsurance, Suzette Huovinen, North America