Intact Financial Corp T.IFC

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

Financial Services Insurance - Property & Casualty

Intact Financial Corporation is a Canada-based provider of property and casualty insurance in Canada. The Company’s segments include Canada, UK & International, and US. The Canada segment is engaged in underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly to consumers. The UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to businesses in the United Kingdom, Europe, and Ireland as well as internationally through the Company’s global network. The Company distributes insurance through a wide network of affinity partners and brokers or directly to consumers. The US segment is engaged in underwriting of specialty contracts mainly to small to medium-sized businesses in the United States. The Company distributes insurance through independent agencies, brokers, wholesalers and managing general agencies.

TSX:IFC - Post by User

Intact Financial Corp > Speaking of acquisitions

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Comment by tbnorthstaron Nov 10, 2020 10:39am

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Post# 31869908

RE:RE:RE:RE:RE:Speaking of acquisitions

The pros are walking this down to position it for the equity deal. Share price in this rising market should probably close to 150 right now. Will give them credit, they are good at what they do. I view the next few months as a buying opportunity. The deal (if completed) should be highly accretive. Would not be surprised to see a 170 handle on the stock in two, three years. That and 7-9% annual dividend increases should make present shareholders happy.

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