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Sun Life Financial receives regulatory approvals to buy Assurant’s US Employee Benefits business

Sun Life Financial has entered into agreement with Assurant to acquire Assurant's US 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 1, 2016.

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.