Life Insurance Cos in Takeover Speculation

Bloomberg, Hugh Son, 13 October 2006Shares of UnumProvident Corp., the largest U.S. disability insurer, had their biggest gain in more than a year on speculation the company may be a takeover candidate.The stock climbed $1.84, or 9.3 percent, to $21.72 in New York Stock Exchange composite trading, the most since August 2005. Canadian insurers including Sun Life Financial Inc., Manulife Financial