Chesnara to acquire onshore protection business from Canada Life.

Chesnara, a European life and pensions consolidator, agreed to acquire onshore protection business from Canada Life, an insurance company. Financial terms were not disclosed. “We’re proud to have found a good home for our onshore individual protection customers, and know we have chosen the right partner with Countrywide Assured, a subsidiary of Chesnara, due to their experience, high standards of customer support and focus on prioritising good customers outcomes," Tim Stoves, Canada Life Managing Director.