Bulletin: A.M. Best Rates Intact Financial Corp. Notes

A.M. Best has assigned an “a-“ debt rating to $150 million in senior unsecured medium-term notes issued by Intact Financial Corp. in late November. The rating ranks the notes alongside the company’s other unsecured and unsubordinated debt, according to an A.M. Best statement. Intact issued the notes November 23, with the proceeds to be used for investment and corporate purposes.  

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This story was originally published by Canadian Insurance Top Broker.