Fitch rates Intact debt A-

Fitch Ratings said it assigned an issuer default rating of A to Intact Financial Corp., along with senior debt rating of A-.

Fitch also assigned an insurer financial strength rating of AA- to Intact’s property/casualty insurance subsidiaries.

The outlook is stable.

The ratings reflect the company’s large market share and scale, very strong reserve position and solid capitalization, Fitch said.

Balanced against these strengths is a company with reported above-average premium growth, which will likely continue to grow through acquisitions and has the potential to add goodwill to the balance sheet, the agency said.

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