Founded in 1896, in the village of Wawanesa Manitoba
Headquarters: Winnipeg although they continue to be located in Wawanesa Manitoba as well.
Policy and Contract Holders: Nearly 2 Million
Employees: 1,800 people in Canada and the U.S.
Agents: 1,300 independent brokers in Canada
New Premiums Written: 98 Million as of 2010
Assets Under Management: Over 7 Billion
Products & Services: Individual Insurance, Savings and Group Insurance
Financial Strength/ Credit Rating (According to AM Best) : A (Excellent)
Capital Ratio: 226%
In October 1993 Wawanesa converted from a mutual to stock holder company. They are licensed in all provinces except for Quebec and the North west territories. Wawanesa is one of the 10 largest property and casualty insurers in Canada.
*This is accordance with the 2011 financial report.
Canadian Life Insurance Companies
- Bingham Group Services Corp. (BGS)
- Blue Cross Canada
- BMO Life Assurance Company (formerly AIG Life Insurance)
- Canada Life
- CPP (Canada Protection Plan)
- Desjardins
- Empire Life
- Equitable Life of Canada
- Foresters
- Great West Life
- Industrial Alliance
- La Capitale
- Reliable Life Insurance Canada
- SSQ Financial Group
- Standard Life Assurance Company
- Sunlife Insurance
- Transamerica
- Wawanesa Mutual Insurance Co.
