Colina follows rigorous Canadian reserving methodologies and solvency standards. At the end of 2009, the Company’s financial strength, reflected in its Minimum Continuing Capital and Surplus Requirement (MCCSR) ratio, was 179.0%– well above standard requirements for this indicator.
$506 m in Total Assets
$104m in Total Equity
Another financial strength indicator by which the Company is measured is its perception by internationally recognized rating agencies such A.M. Best, which has reaffirmed the Company’s A- (Excellent) rating. The A.M. Best report is additional confirmation that policyholder and shareholder value are well protected and supported.
Financial Strength & Stability
Colina follows rigorous Canadian reserving methodologies and solvency standards. At the end of 2009, the Company’s financial strength, reflected in its Minimum Continuing Capital and Surplus Requirement (MCCSR) ratio, was 179.0%– well above standard requirements for this indicator.
Another financial strength indicator by which the Company is measured is its perception by internationally recognized rating agencies such A.M. Best, which has reaffirmed the Company’s A- (Excellent) rating. The A.M. Best report is additional confirmation that policyholder and shareholder value are well protected and supported.