A.M. Best rates 43 Canadian property and casualty insurers

A.M. Best Co. has affirmed the financial strength ratings (FSR) of 43 Canadian property/casualty companies, upgraded five FSRs, assigned three FSRs and downgraded one FSR.

“These ratings are based solely upon public information and present the most informed view A.M. Best can offer, short of an insurer participating in the full interactive rating process,” A.M. Best announced in a press release.

A.M. Best has affirmed the FSRs for the following Canadian property and casualty companies:

Alberta Motor Association InsuranceA- (Excellent)

Algoma Mutual Insurance Company B+ (Good)

Allstate Insurance Company of CanadaA- (Excellent)

Antigonish Farmers Mutual Fire InsuranceB+ (Good)

Aviva Insurance Company of CanadaA- (Excellent)

Canadian Direct Insurance Inc. B+ (Good)

Canadian Northern Shield Insurance Company B (Fair)

Clare Mutual Insurance Company B+ (Good)

CUMIS General Insurance Company B (Fair)

Echelon General Insurance Company B++ (Good)

Economical Mutual Insurance Company B++ (Good)

Farmers’ Mutual Insurance Company (Lindsay) B++ (Good)

Federation Insurance Company of Canada B+ (Good)

Fenchurch General Insurance Company B++ (Good)

Gore Mutual Insurance Company B++ (Good)

Grain Insurance and Guarantee CompanyB++ (Good)

Industrial-Alliance General Insurance CompanyC++ (Marginal)

La Capitale, Compagnie d’Assurance Generale A- (Excellent)

Legacy General Insurance CompanyA- (Excellent)

London and Midland General Insurance Company A- (Excellent)

L’Unique Compagnie d’ Assurances Generales B++ (Good)

North Waterloo Farmers Mutual Insurance Company B++ (Good)

Pacific Coast Fishermens Mutual Marine

Insurance CompanyB++ (Good)

The Personal Insurance CompanyB+ (Good)

Perth Insurance Company B+ (Good)

Pictou County Farmers Mutual Fire

Insurance CompanyB++ (Good)

Pool Insurance Company B+ (Good)

Prince Edward Island Mutual Insurance Co B++ (Good)

Promutuel Reassurance B++ (Good)

RBC General Insurance Company B+ (Good)

Red River Valley Mutual Insurance Company B++ (Good)

Saskatchewan Motor Club Insurance Company

Limited B++ (Good)