A.M. Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Western Life Assurance Company

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Western Life Assurance Company (WLAC) (headquartered in Winnipeg, Manitoba, Canada). The outlook assigned to these Credit Ratings (ratings) is stable. On July 1, 2017, Trimont Financial Ltd., which is a subsidiary of The Wawanesa Mutual Insurance Company, closed a transaction which incl