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Wawanesa Mutual Insurance
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- 1Everest Sells Canadian Retail Ops to Wawanesa; Gallagher Buys Albany▼Business Moves: Everest Completes Sale of Canadian Retail Operations to Wawanesa; Arthur J. Gallagher & Co. Buys New Zealand's Albany Insurance Services
Everest has completed the sale of its Canadian retail insurance operations to Wawanesa Mutual Insurance, while Arthur J. Gallagher & Co. has acquired Albany Insurance Services in New Zealand. The transactions mark continued consolidation in the insurance brokerage and underwriting sector, with insurers reshaping portfolios across North America and Australasia.