Toronto, December 18, 2025 — AM Best has upgraded the Financial Strength Rating (FSR) of Northbridge General Insurance Corporation (NGIC), 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 NGIC’s solid financial foundation, consistent underwriting discipline, and strong balance sheet. According to AM Best, NGIC’s performance continues to benefit from selective growth strategies, and effective enterprise risk management.
NGIC continues to demonstrate leadership and stability in Canada’s commercial insurance industry, supported by its diversified portfolio and long-term focus on risk management.
For more details on NGIC’s recognition, check out this article.
About Northbridge General Insurance Corporation
Northbridge General Insurance Corporation is a leading Canadian commercial insurer. Working with our broker partners, we aim to help businesses of all sizes. Our in-depth industry expertise helps medium and large businesses operate more safely, so they can worry less and focus on opportunities. We also provide small businesses with insurance protection that’s responsive, simple, and flexible. Visit us at www.northbridgeinsurance.ca to learn more.
For further information, please contact:
Ellen Brait
Manager, Corporate Communications
Northbridge Financial Corporation
[email protected]