среда, 14 марта 2012 г.

Going Concern

COMPANY PROFILE: With the investment of 20 farmers fronting $20 each, Wawanesa Mutual Insurance Co. was started in 1896 in the tiny village of Wawanesa, Man., where it is still based today. From its humble beginnings in a small rented room above the local drugstore, it is now one of the largest property and casualty insurers in the country, employing more than 1,800 people throughout Canada, California and Oregon. It has more than $3 billion in combined assets and more than $1.5 billion in annual premiums. Owned by policyholders, it partners with more than 1,300 independent brokers in Canada.

HOT FACTOR: While it took the company 95 years to reach $1 billion in assets, it took only …

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