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A.M. Best Affirms Ratings of Western Life Assurance Company

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings of “a-” of Western Life Assurance Company (WLA) (High River, AB, Canada). The outlook for the ratings is stable. Western Financial Group, Inc., the parent of WLA, is ultimately owned by the Desjardins Financial Group (Desjardins). The ratings of WLA reflect its solid risk-adjusted capitalization, focus on protection products, increased premiums levels in all core

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