Press Release

DBRS Publishes Two Updated Financial Institutions Criteria

Insurance Organizations, Non-Bank Financial Institutions
December 30, 2015

DBRS Limited (DBRS) has today published two updated general corporate criteria as follows:

-- “Rating Companies in the Asset Management Industry” and
-- “Rating Mortgage Insurance Companies.”

These updates supersede previous versions published in January 2015 and December 2014, respectively. While certain details have been clarified in these methodologies, changes overall are not material and DBRS has determined that no ratings have changed as a result of these updates.

Notes:
DBRS rating definitions and the terms of use of such ratings are available at www.dbrs.com.

DBRS’s methodologies and criteria are available at www.dbrs.com or by contacting us at info@dbrs.com.