Insurers seeking a risk-sharing partner rely on RBC Insurance because they trust us to provide reliable capacity and security.
Royal Bank of Canada Insurance Co. Ltd. has an “A” (Excellent) financial strength rating from A.M. Best and an AA- counterparty credit and financial strength rating from Standard & Poor’s.
Solid balance sheets: As at October 31, 2007, Royal Bank of Canada Insurance Co. Ltd. capital is C$580 million, RBC Reinsurance Ireland Ltd. capital is C$76 million.
An active, expanding network of global resources and relationships.
Our reinsurance clients have access to a wide range of strategic benefits through our association with other companies within the RBC Financial Group. Our parent company, Royal Bank of Canada (NYSE, TSX: RY) operating as RBC Financial Group, is a leading North American diversified financial services company and Canada’s largest bank by market capitalization and assets.
Key indicators for RBC Financial Group as of October, 2007
Assets of C$600 billion Net income of C$5.5 billion Market capitalization: C$71.5 billion Senior debt ratings: Moody’s Aa2, Standard & Poor’s AA- 70,000 employees worldwide More than 15 million clients in 36 countries
