DBRS Morningstar Updates Rating Disclosures for RSA Insurance Group Limited and Affiliates, and Intact Financial Corporation

As of June 24, 2022, DBRS Morningstar transferred the ongoing coverage of the ratings assigned to RSA Insurance Group Limited and its affiliates to DBRS Limited from DBRS Ratings Limited (see below for a full list of the affected issuers). The lead analyst responsibilities for this issuer have been transferred to Nadja Dreff.

DBRS Limited is registered as a Designated Rating Organization (DRO) with the Ontario Securities Commission and is an affiliate of DBRS, Inc., which is registered with the U.S. Securities and Exchange Commission (SEC) as a Nationally Recognized Statistical Rating Organization (NRSRO).

The issuers affected by the transfer are the following:
-- RSA Insurance Group Limited
-- RSA Insurance Ireland DAC
-- RSA Luxembourg S.A.
-- Royal & Sun Alliance Insurance Limited
-- Royal & Sun Alliance Reinsurance Limited
-- The Marine Insurance Company Limited

The RSA Insurance Group Limited and its affiliates are subsidiaries of Intact Financial Corporation. The ratings are endorsed by DBRS Ratings Limited and DBRS Ratings GmbH for use in the United Kingdom and the European Union, respectively.

The issuers endorsed for use in the United Kingdom and the European Union are the following:

Intact Insurance Company
-- Jevco Insurance Company
-- Novex Insurance Company
-- Nordic Insurance Company, The
-- Trafalgar Insurance Company of Canada
-- Belair Insurance Company Inc.
-- Quebec Assurance Company
-- Unifund Assurance Company
-- Western Assurance Company
-- Intact U.S. Holdings Inc.
-- OBI America Insurance Company
-- OBI National Insurance Company
-- Atlantic Specialty Insurance Company
-- The Guarantee Company of North America
-- Royal & Sun Alliance Insurance Company of Canada
-- Canadian Northern Shield Insurance Company
-- Homeland Insurance Company of Delaware
-- Homeland Insurance Company of New York
-- RSA Insurance Group Limited
-- RSA Insurance Ireland DAC
-- RSA Luxembourg S.A.
-- Royal & Sun Alliance Insurance Limited
-- Royal & Sun Alliance Reinsurance Limited
-- The Marine Insurance Company Limited
-- Intact Financial Corporation

Notes:
Ratings issued and monitored by DBRS Limited are noted as such on the DBRS Morningstar website; however, the language and related statements in previously published press releases in respect of the relevant rating(s) will not be changed retroactively and will remain as part of DBRS Morningstar’s historical record. The ratings issued and monitored in Canada are marked as such in their respective rating tables. As part of this transfer, these markings will remain unchanged on all active ratings related to the above-mentioned issuers.

For more information on this credit or on this industry, visit www.dbrsmorningstar.com or contact us at [email protected].

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