AM Best Affirms Credit Ratings of Members of Northbridge Financial Corporation

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Aug 24, 2022

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of the members of Northbridge Financial Corporation (Northbridge), which include Federated Insurance Company of Canada (Manitoba, Canada), Northbridge General Insurance Corporation, Zenith Insurance Company and Verassure Insurance Company. The outlook of these Credit Ratings (ratings) is stable. All companies are domiciled in Ontario, Canada unless otherwise specified. Northbridge Financial Corporation is a subsidiary of Fairfax Financial Holdings Limited (Fairfax) [TSX: FFH].