L’Union Canadienne transaction completed

L’Union Canadienne transaction completed

Canada NewsWire

GUELPH, ON, Oct. 1, 2012 /CNW/ – Co-operators General Insurance Company
announced today the completion of its sale of L’Union Canadienne,
Compagnie d’assurances to RSA Canada. All necessary approvals have been
granted and the transaction, which was announced on June 6, 2012, was
completed today.

Co-operators General acquired L’Union Canadienne, a Quebec-based
intermediated property and casualty insurance company, in 1999. Over
the past few years, Co-operators General has expanded its direct
distribution business in Quebec. Its strategic focus in the years ahead
will be to build upon this success and further develop its direct
distribution capabilities throughout the province.

Co-operators General is part of The Co-operators Group Limited, a
Canadian-owned co-operative and a leading multi-product insurance
company. Its representatives in communities across Canada provide home,
auto, farm, business, life and travel insurance, as well as investment
products.

About The Co-operators:
Co-operators General is part of The Co-operators Group Limited, a
Canadian-owned co-operative with more than $36 billion in assets under
administration. Through its group of companies it offers home, auto,
life, group, travel, commercial and farm insurance, as well as
investment products. The Co-operators is well known for its community
involvement and its commitment to sustainability. The Co-operators is
listed among the 50 Best Employers in Canada and Corporate Knights’
Best 50 Corporate Citizens in Canada. As a proud member and supporter
of the co-operative sector, The Co-operators is pleased to celebrate
2012: The International Year of Co-operatives. For more information
visit www.cooperators.ca.

SOURCE The Co-operators

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