Sun Life taking hit on collapsed reinsurance pool
Article Abstract:
Toronto, Ont.-based Sun Life Assurance Company of Canada has reported it will take a $150 million after-tax charge related to the troubled U.S. reinsurance sector. Sun Life, whose charge was about $230 million before taxes, was hurt by the collapse of a reinsurance pool operated by Lisle, Ill.-based Unicover Managers Inc.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
Canada, Sales, profits & dividends, Reinsurance, Reinsurance Carriers, Finance, Sun Life Assurance Company of Canada, Unicover Managers Inc.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Royal & Sun Alliance sells life insurance unit
Article Abstract:
In a deal worth $235 million, Royal & Sun Alliance Insurance Group PLC will sell its life insurance division to Maritime Life Assurance Co.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
United Kingdom, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Insurance, Insurance Carriers and Related Activities, Mergers, acquisitions and divestments, Maritime Life Assurance Co., Royal & Sun Alliance Insurance Group PLC
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Comment about this article or add new information about this topic:
Subjects list: United States, Insurance industry, Life insurance industry, Life insurance
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