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AM Best Affirms Credit Ratings of Industrial Alliance Insurance and Financial Services Inc. and Its Subsidiaries
April 16, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Apr 16, 2021
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” of Industrial Alliance Insurance and Financial Services Inc. (IA) (Quebec). Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of IA. Additionally, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a” of IA’s U.S. life insurance entities within the IA American Life Group. (See below for a detailed listing of companies.) AM Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” of Industrial Alliance Pacific General Insurance Corporation (IAPG) (headquartered in Vancouver, Canada). In add