AM Best Affirms Credit Ratings of Scotia Reinsurance Limited [Yahoo! Finance]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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US:NYSE Investor Relations:
seekingalpha.com/article/4128193-bank-nova-scotias-bns-ceo-brian-porter-q4-2017-results-earnings-call-transcript
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Source: Yahoo! Finance
of "a+" (Excellent) of Scotia Reinsurance Limited (Scotia Re) (Barbados). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Scotia Re's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect implicit support from the greater organization. Scotia Re is owned ultimately by The Bank of Nova Scotia (Scotiabank), which is among the leading banks in Canada, as measured by market capitalization. The parent bank is a strong organization with approximately CAD 79 billion of total equity at fiscal year-end October 2023 and CAD 1.4 trillion in assets. In addition, the bank earned approximately CAD 7.5 billion in net income on CAD 32 billion in revenue in fiscal-year 2023. In fiscal-year 2024, AM Best notes that Scotia Re may for a few quarters pause the dividends upstreamed to its parent company, to enhance its level of
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BNS
Earnings
- 5/28/24 - Beat
BNS
Sec Filings
- 6/27/24 - Form FWP
- 6/27/24 - Form FWP
- 6/27/24 - Form 424B2
- BNS's page on the SEC website