September 22, 2017
SSQ, Life Insurance Company Inc. credit ratings reaffirmed by A.M. Best
A.M. Best Co., an international credit ratings agency devoted to the insurance sector, has affirmed the financial strength rating of “A- (Excellent)” and the issuer credit rating of “a-” of SSQ, Life Insurance Company Inc., for the sixth consecutive year.
The outlook for both ratings is stable.
"We are proud of our A.M. Best credit ratings. They are a reflection of our company’s stability and financial strength, despite a continually changing market. These ratings demonstrate that as a mutualist financial institution, SSQ continues to perform well, while being fully committed to its members," said Jean-François Chalifoux, CEO of SSQ Financial Group.
SSQ’s dominant standing in Quebec’s group insurance sector, its consistent and solid earnings as well as its adequate levels of capitalization were all highlighted in A.M. Best.'s diligent analysis.
For more information on A.M. Best, please refer to ambest.com.
About SSQ Financial Group
With $11 billion in assets under management, SSQ Financial Group is a prominent mutualist diversified financial institution in Canada. The Group serves over 3 million customers and employs 2,000 individuals. SSQ Financial Group is recognized for its leadership in the group insurance industry and its excellence and expertise in the investment sector. SSQ Financial Group has also made its mark through sustained growth in the general insurance and individual insurance markets.