OREANDA-NEWS. A.M. Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “a” to the recently issued CAD 400 million 3.3% subordinated debentures due Sept. 15, 2028, of Industrial Alliance Insurance and Financial Services Inc. (IA) (Quebec City, Quebec) [TSX: IAG]. The outlook assigned to this Credit Rating (rating) is stable, which is consistent with the outlook for the existing ratings of IA and its core operating insurance subsidiaries