AM Best Comments on Intact Financial Corporation's Potential Acquisition of Certain Lines from RSA Insurance Group plc

Nov 11, 2020

AM Best has commented that the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Intact Financial Corporation (IFC) [TSX: IFC] (Ontario, Canada) and the Financial Strength Ratings of A+ (Superior) and the Long-Term ICRs of “aa-” of its operating subsidiaries remain unchanged following the recent announcement that IFC, together with Tryg A/S, have approached RSA Insurance Group plc (RSA) with a cash takeover offer. In addition, all existing debt ratings remain unchanged.

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