Intact Financial Corporation and Affiliates: Rating Report

On November 19, 2020, DBRS Limited (DBRS Morningstar) confirmed all ratings of Intact Financial Corporation (Intact or the Company) and its operating insurance subsidiaries, including Intact’s Issuer Rating at “A” and the Financial Strength Rating of its main subsidiaries in Canada at AA (low), following the Company’s announcement that, together with Tryg A/S (Tryg), it has reached an agreement to acquire RSA Insurance Group Plc. (RSA).