The ACE Group of Companies reported that Standard & Poor’s Ratings Service has assigned its “A” long-term counterparty credit and financial strength ratings to ACE INA Insurance (ACE Canada), with a stable outlook.
S&P said in a statement that the ratings on Toronto-based ACE Canada are supported by its good operating results, prudent use of reinsurance, conservative investment management philosophy, asset quality and liquidity, and its solid capitalization.
ACE INA Insurance (ACE Canada) is a member of the ACE Group of Companies. ACE INA Insurance provides commercial property and casualty products and services throughout Canada.
Topics Canada
Was this article valuable?
Here are more articles you may enjoy.
New York Developers Look North of Miami for Florida’s Next Boom 
A-Cap Insurers File Suit Against SCDOI Director; AM Best Downgrades Group 
Gemini Hacked Three Companies in First Known Breakout by Google’s AI 
Are Software Vendors Holding Insurers Hostage? Build Your Own, Webinar Says 
