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Unity Life Buys Block Of Life And Health Policies

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A Canadian insurer is buying individual life and health insurance business from Prudential Financial Inc.

Unity Life of Canada, Mississauga, Ontario, is acquiring in-force Canadian intermediate and weekly premium life policies and in-force Canadian individual health insurance policies from an insurance company unit of Prudential, Newark, N.J.

Unity, which acquired most of Prudential’s Canadian individual life and health policies through an earlier deal, is not disclosing the price of the latest purchase.