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Intact Financial Corp IFTPF


Primary Symbol: T.IFC Alternate Symbol(s):  T.IFC.P.E | IFZZF | T.IFC.P.F | T.IFC.P.G | T.IFC.P.I | T.IFC.P.K | INFFF | IFCZF | INTAF | T.IFC.P.A | T.IFC.P.C

Intact Financial Corporation is a Canada-based company, which provides property and casualty (P&C) insurance. The Company's segment includes Canada, US and UK & International. The Canada segment is engaged in the underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly consumers. The UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to individuals and businesses in the United Kingdom, Europe, Ireland and Middle East, as well as internationally. The Company distributes insurance through a network of affinity partners and brokers or directly to consumers. The US segment is engaged in the underwriting of specialty contracts mainly to small and midsize businesses in the United States. In Canada, the Company distributes insurance under the Intact Insurance brand through a network of brokers.


TSX:IFC - Post by User

Comment by ratsnake220on Oct 11, 2022 12:54am
95 Views
Post# 35016479

RE:Greg Newman

RE:Greg NewmanNewman most likely is required to own stocks in the fund or etf he manages.....thats the problem...with funds....those names all lose money he bought...intact down nearly 4% today....So with Jamie Dimond and the head person at Bank of America today signalling they see a downside of a additional 20% going into next year in the S&P i would say i feel sorry for Mr Newmans clients.....BCE is a dog and its going lower...its Bell media will be slaughtered in a advertisng slowdown....and so their are a couple of areas....short term less than 1 year invetment grade USA treauries pay 4.1%   and you have no capital loss risk.....i am going to not try and be a hero when the two largest banks in North America have a call of 20% downdraft in the S&P.....They also say recession is 6-9 months away.....watch for increased unemployment......i cashed out on some real estate 30 days ago....got that elephant off my back....Can you imagine with at least 200 more basis points added to the equation what happens to that next year.....Retired cf....you do a great job with your info....i sold 50% of my energy today....up 10% on that last month...Where do you think this is going......Dont say buy Corus....boy can you imagine a 6% dividend and stock treading just of $2.00 ....Thats how bad the ad business is going to go in 2023....i know i spent last 25 years in it
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