Credit Rating Report

Intact Financial Corporation and Affiliates: Rating Report

Insurance Organizations

Summary

On October 10, 2023, DBRS Limited (DBRS Morningstar) upgraded Intact's Issuer Rating to A (high) from “A” and the Financial Strength Rating (FSR) of its main operating insurance subsidiaries to AA from AA (low). The FSRs of Intact’s UK-based subsidiary RSA Insurance Group Limited and its operating entities were also upgraded to AA from AA (low). The Issuer Rating on RSA Insurance Group Limited was upgraded to A (high) from “A.” The trends on all ratings were changed to Stable from Positive.

Ratings

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

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