A.M. Best Affirms Credit Ratings of Intact Financial Corporation and Its Subsidiaries
In addition,
The ratings of
The ratings of Intact Assurance agricole reflect its balance sheet strength, which
Intact Assurance agricole maintains the strongest risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), with scores at the 99.6% level. Strong pre-tax operating earnings have outperformed the property industry composite by a wide margin over the most-recent five-year period, with operating earnings driven by underwriting income and augmented by net investment income. The neutral business profile reflects Intact Assurance agricole’s concentration, as 100% of its written premiums are derived from
The ratings of OneBeacon reflect its members’ balance sheet strength, which
The ratings also reflect the significant implicit and explicit support given its affiliation with
For a complete listing of the members of Intact Financial Corporation’s FSRs, Long-Term ICRs and Long-Term IRs, please visit
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
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Source:
Guardian Life Insurance Co of America Files SEC Form SC 13G, Statement of Acquisition of Beneficial Ownership By Individuals: (Feb. 13, 2018)
Torchmark Corp. Files SEC Form 5/A, Annual Statement of Changes in Beneficial Ownership of Securities: (Feb. 12, 2018)
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