DBRS confirms Power Financial

DBRS said it confirmed Power Financial Corp.’s issuer rating and senior debentures rating at A (high) and cumulative first preferred shares (series A) and non-cumulative first preferred shares ratings at Pfd-2 (high).

All trends are stable.

“The confirmation of the company’s ratings results from the application of DBRS’s ‘Global Methodology for Rating Life and P&C Insurance Companies and Insurance Organizations,’” DBRS said in a news release.

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