Intact Financial Corporation (IFC) is the leading provider of property and casualty insurance in Canada. As the largest competitor, we combine the advantages inherent in our scale with critical strengths in pricing, underwriting, claims and distribution. This allows us to offer competitively priced products and outstanding service to our customers and brokers and, in turn, achieve superior financial results. Having the highest financial strength rating of the top P&C companies in Canada is reflective of our excellent capitalization, strong market position and risk management discipline that consistently generate above average profitability.

IFC is rated by A.M. Best, Moody's and DBRS. The A.M. Best rating is the key financial strength rating specific to P&C insurance companies and is used primarily by brokers, businesses and consumers to assess the financial strength and stability of insurance providers when making a decision to buy insurance. Moody's and DBRS rate IFC's senior unsecured debt of which IFC currently has $500 million outstanding. This equates to an approximate 15% debt-to-total capitalization ratio which is well below the company's internal target of 20%.

Financial Strength Ratings

	A. M. Best	Moody’s
Intact Insurance Group of Companies	A+ (Superior)	Aa3 (Excellent financial security)

Long Term Issuer Credit Ratings

	A. M. Best	Moody’s	DBRS
Intact Financial Corporation	a-	A3	A (low)

^{Financial strength ratings information is provided via independent third party resources. Intact Financial Corporation or its affiliates do not guarantee the accuracy, adequacy, completeness or availability of ratings information. Ratings as of June 30, 2010.}

A.M. Best

“The ratings are reflective of the Group's superior capitalization, above average profitability and strong business profile as the largest non-government property/casualty insurer in Canada. In addition, the Group benefits from internal investment and claims management and a knowledgeable executive management team experienced in growth through acquisitions. The Group maintains advantages over its competitors in pricing and risk selection due to its superior size, geographic and product line diversification as well as its multi-channel distribution network and sound catastrophe management.”

For additional information and the latest ratings, please consult www.ambest.com.

Moody’s

“The senior debt and IFS ratings are based on IFC's excellent market position in the fragmented Canadian P&C insurance industry, a risk management discipline which has produced good underwriting results, strong reserve adequacy with consistently favorable prior-year development.”

For additional information and the latest ratings, please consult www.moodys.com.

DBRS

“The Company’s consistent underwriting strength and industry outperformance reflect its relative scale and strong market position in the Canadian property and casualty insurance market, where it is the largest competitor,… Intact leverages its scale advantages through the application of superior underwriting capabilities, market segment pricing, technology, investment, claims and general expense management.”

For additional information and the latest ratings, please consult www.dbrs.com.