Wawanesa Expands Ontario, Quebec Reach with Everest Acquisition

Wawanesa expands Ontario, Quebec reach with Everest acquisition

The Wawanesa Mutual Insurance Company has acquired the Ontario-based Everest Insurance Company of Canada, in a move set to strengthen its reach outside of Manitoba. Everest’s portfolio focuses on specialty […]

Wawanesa to acquire Everest Insurance Company of Canada

Transaction broadens Wawanesa’s commercial insurance capabilities and reinforces its commitment to serving more Canadians...

Everest Announces Agreement to Sell Canadian Retail Insurance Operations to The Wawanesa Mutual Insurance Company

HAMILTON, Bermuda -- Everest Group, Ltd. (“Everest” or “the Company”) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced that it has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada (“Everest Canada”), to The Wawanesa Mutual Insurance Company (“Wawanesa”).

Everest To Sell Canadian Unit To Wawanesa

Everest Group, Ltd. has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada, to The Wawanesa Mutual Insurance Company. “This transaction represents a strong outcome for both organizations, our shareholders and our colleagues,” said Jim Williamson, President and Chief Executive Officer of Everest. “The Canadian Retail team has […]

Everest to sell Canadian Retail Insurance operations to Wawanesa

Everest Group, a global specialty insurer and reinsurer, has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada (Everest Canada), to The Wawanesa Mutual Insurance Company, a Canadian mutual insurer. The transaction is anticipated to close in the second half of 2026, subject to customary regulatory approvals and closing conditions. Jim Williamson, President and Chief Executive Offic…