DBRS Releases Report on Industrial Alliance

DBRS has today released a report on Industrial Alliance Insurance and Financial Services Inc. (IAG or the Company) which provides further detail on the recent confirmation of the ratings, including IAG’s Claims Paying Ability at IC-2.

The ratings reflect the Company’s success in remaining profitable while growing its life insurance and wealth management franchises across the Canadian market through selective acquisitions. The Company’s market position is complemented by a conservative risk culture, which has limited the Company’s earnings exposure to equity and credit market volatility through the recent financial crisis while positioning it for sustainable growth.

To obtain a copy of the report or the July 18, 2011, press release, please see the links under Related Research or contact us at info@dbrs.com.