TORONTO AND WELLESLEY, MA, Feb. 24, 2016 /CNW/ - On September 9, 2015,
Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF)
announced an agreement with Assurant, Inc. ("Assurant") (NYSE: AIZ) to
acquire Assurant's U.S. Employee Benefits business. The parties have
now received all regulatory approvals required in connection with the
transaction and the transaction is expected to close on or about March
The foregoing statement concerning the anticipated closing of the
purchase of Assurant's U.S. Employee Benefits business is a
forward-looking statement. It represents the Company's current
expectations regarding future events and is made within the meaning of
the "safe harbour" provisions of applicable Canadian securities laws
and of the United States Private Securities Litigation Reform Act of
1995. Forward-looking statements are not a guarantee of future
performance and involve risks and uncertainties that are difficult to
predict. Other important risk factors that could cause our actual
results to differ materially from those expressed in or implied by the
forward-looking statements in this news release are listed in the
annual information form of Sun Life Financial Inc. for the year ended
December 31, 2015, under the heading "Risk Factors" and other
regulatory filings of ours filed or furnished to Canadian and U.S.
securities regulators available at www.sedar.com and www.sec.gov.
About Sun Life Financial
Sun Life Financial is a leading international financial services
organization providing a diverse range of protection and wealth
products and services to individuals and corporate customers. Sun Life
Financial has operations in a number of markets worldwide, including
Canada, the United States, the United Kingdom, Ireland, Hong Kong, the
Philippines, Japan, Indonesia, India, China, Australia, Singapore,
Vietnam, Malaysia and Bermuda. As of December 31, 2015, the Sun Life
Financial group of companies had total assets under management of $891
billion. For more information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and
Philippine (PSE) stock exchanges under the ticker symbol SLF.
Note to Editors: All figures in Canadian dollars.
SOURCE Sun Life Financial Inc.
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