AM Best Assigns Issue Credit Ratings to Intact Financial Corporation's Recently Issued Senior Unsecured Medium Term Notes

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May 20, 2021

AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to each of the recently issued CAD 375.0 million, 1.207%, 3-year senior unsecured medium term notes offering; the CAD 375.0 million, 2.179%, 7-year senior unsecured medium term notes offering; and the CAD 250.0 million, 3.765%, 32-year senior unsecured medium term notes offering of Intact Financial Corporation (IFC) [TSX: IFC] (Toronto, Ontario, Canada). The outlook assigned to these Credit Ratings (ratings) is stable. The Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of IFC’s operating subsidiaries and all other ratings of outstanding issuances remain unchanged.