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Canada Life Wraps Up CNA Life Deal

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NU Online News Service, Oct. 31, 4:00 p.m. – Canada Life Financial Corporation, Toronto, says it has completed its acquisition of CNA Life Insurance Company of Canada, Kitchener, Ontario, a provider of preferred term life insurance products that had been a wholly owned subsidiary of CNA Financial Corporation of Chicago.

First announced on June 25, the acquisition will build Canada Life’s book of term business and enable it to achieve greater operating efficiencies, the company says