All four entities are wholly-owned subsidiaries of RSA Insurance Group Limited (RSA), a non-operating holding company, ultimately owned by Intact Financial Corporation (IFC).

The outlook assigned to these Credit Ratings (ratings) is stable.

Matthew Cohen, Chief Financial Officer, RSA Luxembourg, comments: “We are very pleased to receive this “A” (Excellent) rating, which recognises both RSA Luxembourg’s financial strength and delivery of strong underwriting results over the past few years. It also reflects the strategic direction of our leadership team and board of directors as well as our team’s efforts to drive results and serve well our customers and partners.”