✉news BusinessRetail first seen 2 d ago, last 2 d ago, peak #31
Everest Finalises Sale of Canadian Retail Insurance Business to Wawanesa
Original: Everest Completes Sale of Canadian Retail Insurance Operations to Wawanesa
Everest has completed the sale of its Canadian retail insurance operations to Wawanesa Mutual Insurance Company. The deal transfers Everest's retail insurance business in Canada to the Manitoba-based insurer, marking another step in Everest's strategic refocusing of its portfolio. The transaction was announced via press release, though further details on terms and financial impact have not been disclosed.
Why now: The completion of a notable cross-border insurance divestiture is new news that matters to industry watchers tracking insurer consolidation in Canada.
EverestWawanesa Mutual Insurance CompanyCanada
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