Credit Rating Report

Intact Financial Corporation and Affiliates: Rating Report

Insurance Organizations

Summary

On October 14, 2022, DBRS Limited (DBRS Morningstar) changed the trend to Positive from Stable, and confirmed all ratings of Intact Financial Corporation and its operating insurance subsidiaries, including the Financial Strength Rating (FSR) of its main operating insurance subsidiaries at AA (low) and Intact’s “A” Issuer Rating. The trend on the ratings of RSA Insurance Group Limited, Intact’s UK-based subsidiary, was also changed to Positive.

Ratings

Atlantic Specialty Insurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Belair Insurance Company Inc.
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Canadian Northern Shield Insurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Homeland Insurance Company of Delaware
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Homeland Insurance Company of New York
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Intact Financial Corporation
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:A
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:A
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:R-1 (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:BBB (high)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:Pfd-2
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Intact Insurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Intact U.S. Holdings Inc.
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:A
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:A
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Jevco Insurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Nordic Insurance Company, The
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Novex Insurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
OBI America Insurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
OBI National Insurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Quebec Assurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Royal & Sun Alliance Insurance Company of Canada
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
The Guarantee Company of North America
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Trafalgar Insurance Company of Canada
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Unifund Assurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
Western Assurance Company
  • Date Issued:Oct 14, 2022
  • Rating Action:Trend Change, Confirmed
  • Ratings:AA (low)
  • Trend:Pos
  • Rating Recovery:
  • Issued:CAUE
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

Issuers

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