A.M. Best Affirms and Assigns Ratings to Wawanesa Insurance Companies
Ratings are provided by independent organizations as a measure of a company's financial strength and solvency.
Wawanesa General's parent company, The Wawanesa Mutual Insurance Company, continues to be rated by A.M. Best Company with a financial strength rating of A (Excellent).
The financial strength rating of The Wawanesa Mutual Insurance Company is based on its longstanding superior capitalization, above average balance sheet liquidity, profitable operating performance, strong broker relations, prominent market position and geographic diversification.
Wawanesa Insurance's wholly owned subsidiary companies and individual ratings include:
Property/Casualty subsidiary Wawanesa General Insurance Company (San Diego, CA), rated with a financial strength rating of A- (Excellent).
Life/Health subsidiary The Wawanesa Life Insurance Company (Winnipeg, MB), rated with a financial strength rating of A (Excellent).