Financial Personal
Western Investment Company Reports Financial Results for the Third Quarter of 2024
CALGARY, Alberta, Nov. 28, 2024 (GLOBE NEWSWIRE) — The Western Investment Company of Canada Limited (TSXV: WI) (“Western” or the “Corporation”) today reported its financial and operating results for the three and nine months ended September 30,
Western had a strong third quarter, with equity income coming in at expectations, exceeding all third quarter results for the past five years. Western’s associate companies (“Associates”) are running smoothly, and the transactions that will transition Western to a property and casualty insurance and investment holding company are proceeding as planned. Subsequent to the end of the quarter, Western acquired the first tranche of shares in Fortress Insurance Company (“Fortress”) increasing the Corporation’s ownership in Fortress to 83.57% from 28.45%. Read More
