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A.M. Best Affirms Ratings of Royal Bank of Canada Insurance Company Ltd.

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a+” of Royal Bank of Canada Insurance Company Ltd. (RBCICL) (Barbados). The outlook for both ratings is stable. RBCICL is a reinsurer that is ultimately owned by Royal Bank of Canada (Toronto, Ontario), the largest bank in Canada, as measured by assets. RBCICL primarily reinsures life/health insurance risks from unaffiliated international reinsurers. The company

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