Credit ratings

Our credit ratings and the latest assessments from Standard & Poor's and Moody’s.

Royal & Sun Alliance Insurance (RSAI)

 

Financial strength

Effective date

Outlook

Moody’s

A2

7th July 2021

Stable

Fitch

AA-

27th July 2021

Stable

Moody's affirmation of RSAI’s rating reflects their expectation that any weakening of the standalone profile will be offset by implicit support from Intact.

Fitch has assigned very strong financial strength ratings to RSAI and its subsidiaries, reflecting their strategic importance and Intact's willingness and ability to provide support.

S&P has withdrawn its ratings on RSA at the issuers request on the 20th of August 2021.  At the time of the withdrawal, the outlook on RSA was stable.

For questions about RSA's credit rating following its takeover by of Intact Financial Corporation, read more here.

 

Subsidiary credit ratings

RSA Luxembourg

 

Financial strength

Effective date

Outlook

Moody’s

A2

7th July 2021

Stable

Fitch

AA-

27th July 2021

Stable

RSA Insurance Ireland

 

Financial strength

Effective date

Outlook

Moody’s

A2

7th July 2021

Stable

Fitch

AA-

27th July 2021

Stable

Marine Insurance Company

 

Financial strength

Effective date

Outlook

Moody’s

A2

7th July 2021

Stable

Fitch

AA-

27th July 2021

Stable

RSA Reinsurance

 

Financial strength

Effective date

Outlook

Moody’s

A2

7th July 2021

Stable

Fitch

AA-

27th July 2021

Stable