Union Life Mutual to assume Union of Canada Life policies, liquidator says
TORONTO - Responsibility for all the policies of insolvent Union of Canada Life Insurance has been reassigned to another company under a deal announced Thursday by a court-appointed liquidator.

CORRECTED-ING Asia life insurance sale shifts into top gear
(Corrects paragraph 11 to clarify CEO comments on proceeds from Asian sales) HONG KONG (Reuters) - Global insurers Manulife Financial Corp, Metlife and Prudential Financial Corp are among suitors expected to place first-round bids on Friday to buy ING Groep's Asia life insurance unit in a deal worth about $6.5 billion to $7 billion, sources familiar with the matter said. A sale topping $7 ...

Reports: Bidding Deadline For ING's Asian Life-insurance Arm On Friday
A slew of insurance giants are vying to acquire Dutch lender ING Groep N.V.'s (ING) Asian life-insurance arm in a bidding war that is expected to bring in a windfall for ING, according to media reports on Thursday. The last day to submit first round bids for the auction is said to be Friday. A deal could see a price tag of between $6 billion and $7 billion.

ING's Asia life insurance sale shifts into top gear
HONG KONG (Reuters) - Global insurers Manulife Financial Corp , Metlife and Prudential Financial Corp are among suitors expected to place first-round bids on Friday to buy ING Groep's Asia life insurance unit in a deal worth about $6.5 billion to $7 billion, sources familiar with the matter said. A sale topping $7 billion could rank as Asia's top insurance M&A deal and would help the bailed-out ...

Fitch Affirms Sun Life Financial Inc.'s Ratings; Outlook Negative
Fitch Ratings has affirmed the ratings of Sun Life Financial Inc. including all outstanding issues, as well as the Insurer Financial Strength ratings of SLF's primary Canadian insurance subsidiaries at 'AA-' and its U.S.