LIFE assurance group Canada Life is seeking acquisitions in the Irish market in a bid to increase its share of the market. The group's managing director, Mr, Don Gallagher, said yesterday that it is also looking to grow its existing business, estimating chat Canada Life currently accounts for around 7 per cent of Ireland's life assurance business. "Canada Life is looking to capitalise on opportunities which provide synergy in our core businesses of protection, pensions and investment," Mr Gallagher said. Last year Canada Life reported an 18 per cent increase in new premium business to £20.03 million.