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 Rating agency

Type of rating

Rating

A.M. Best Company Financial strength A (Excellent)
June 14, 2019 Issuer credit a
  Subordinated debentures* bbb+
  Preferred shares bbb
DBRS Financial strength A
May 27, 2019 Issuer rating A
  Subordinated debt A low
  Preferred shares Pfd-2

 

*assigned to the CAD 300 million 2.87% subordinated unsecured fixed/floating debentures due May 31, 2023 and CAD 200 million subordinated debentures with an initial rate of 3.383% due Dec​ember 16, 2026.