Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Canadian Carrier Closes On Preneed Deal

X
Your article was successfully shared with the contacts you provided.

Unity Life of Canada has completed efforts to acquire the insurance business of Forethought Life Insurance Company of Canada.

Unity Life of Canada, Mississauga, Ontario, a unit of the Independent Order of Foresters, Toronto, is getting 20,000 funeral insurance policies, backed by the equivalent of about $70 million in assets in U.S. dollars, through an assumption reinsurance arrangement, Unity Life says.

Forethought Life of Canada is a branch of Forethought Financial Group Inc., Indianapolis.

Unity Life will service the Forethought Canadian policyholders and provide them with their contracted benefits and services, Unity Life says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.