Toronto, December 18, 2025 — AM Best has upgraded its Financial Strength Rating (FSR) of Federated Insurance along with its parent company, Northbridge Financial Corporation (NBFC), from A (Excellent) to A+ (Superior) and its Long-Term Issuer Credit Ratings (ICRs) from "a+" (Excellent) to "aa-" (Superior).
The upgraded ratings reflect Federated Insurance's strong financial foundation and disciplined approach to underwriting and risk management. According to AM Best, the upgrade is supported by Federated Insurance's financial strength, including a robust balance sheet, solid underwriting results, and effective enterprise risk management.
Federated Insurance continues to demonstrate leadership in Canada's commercial insurance sector, backed by its diversified portfolio and long-term commitment to risk management.
For more details on Federated Insurance's achievement, check out this article.
About Federated Insurance
Federated Insurance has supported Canadian businesses for over a century with specialized industry expertise and trusted protection. Recommended by more than 100 trade associations and buying groups, we're committed to building strong, long-term relationships with our customers. Visit us at www.federated.ca to learn more.
For further information, please contact:
Ellen Brait
Manager, Corporate Communications
Northbridge Financial Corporation
[email protected]
