Assurant agrees $1.3bn sale of funeral insurance unit to CUNA Mutual
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Assurant agrees $1.3bn sale of funeral insurance unit to CUNA Mutual

John Hewitt Jones
March 09, 2021
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Assurant has agreed to sell its prearranged funeral insurance and final expense business, Global Preneed, to CUNA Mutual for $1.3bn.

The insurance group says it expects to generate $1.2bn of net proceeds from the all-cash deal, which is subject to regulatory approval.

Assurant

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