![]() ![]() The transaction is expected to close in early 2023, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals. Upon close, this transaction will build on Canadian Premier's longstanding presence and expertise in the Canadian market. The transaction will see over 100 plan sponsors and roughly 1.5 million insured clients and plan members/customers move from Sun Life to Canadian Premier. The sponsored markets business includes a variety of association & affinity, and group creditor clients. ![]() On December 13, 2021, Canadian Premier Life Insurance Company ("Canadian Premier") entered into an agreement to acquire the sponsored markets business of Sun Life Assurance Company of Canada ("SLA"), a wholly owned subsidiary of Sun Life Financial Inc.
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