A.M. Best Assigns Indicative Ratings to Intact Financial Corporation’s New Shelf Registration

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned indicative issue ratings of “a-” to senior unsecured debt, “bbb+” to subordinated debt and “bbb” to preferred stock of the recently filed shelf registration of Intact Financial Corporation (IFC) (TSX:IFC) (Toronto, Ontario, Canada). The outlook assigned to all ratings is stable. The assigned issue ratings, which may be issued under the $5 billion shelf registration statement and the $1.2 billion medium term note program which is included wi

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