Industry | 2010.03.12
A.M. Best Affirms Ratings of Industrial Alliance Insurance and Financial Services Inc.; Assigns Rating to New Preferred Shares
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a+” of Industrial Alliance Insurance and Financial Services Inc. (IA) (Quebec) (TSX: IAG) and its subsidiary, Industrial Alliance Pacific Insurance and Financial Services Inc. (IAP) (Vancouver, British Columbia). A.M. Best also has assigned a debt rating of “bbb+” to IA’s recently issued CAD 100 million 5.90% non-cumulat
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