Everest 'Further Sharpens' Its Portfolio as Sale of Canadian Retail Insurance Arm Completes
The deal follows Everest’s plan to exit Commercial Retail Insurance and refocus on reinsurance and specialty lines, the company said.
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4 Articles
Everest 'further sharpens' its portfolio as sale of Canadian Retail Insurance arm completes
Everest Group, a global specialty reinsurer and insurer, has completed the sale of its Canadian Retail Insurance operations, Everest Insurance Company of Canada (Everest Canada), to The Wawanesa Mutual Insurance Company. First announced in March 2026, the transaction was closed after securing all of the required regulatory approvals and satisfaction of customary closing conditions. This […]
Financial Post
GlobalFinTechSeriesEverest Completes Sale of Canadian Retail Insurance Operations to Wawanesa
HAMILTON, Bermuda — Everest Group, Ltd. (“Everest” or “the Company”) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced the completion of the previously announced sale of its Canadian Retail Insurance operations, Everest Insurance Company of Canada (“Everest Canada”), to The Wawanesa Mutual Insurance Company (“Wawanesa”) following receipt of required regulatory approvals and […]
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