Intact Financial Corp T.IFC

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

Financial Services Insurance - Property & Casualty

Intact Financial Corporation is a Canada-based company, which is a provider of property and casualty insurance. Its 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. Its 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. It distributes insurance through a network of affinity partners and brokers, or directly to consumers. Its US segment is engaged in underwriting of speciality contracts, mainly to small to medium-sized businesses in the United States. It distributes insurance through independent agencies, brokers, wholesalers and managing general agencies. It also offers an app-based service that connects homeowners with local service professionals to provide various home maintenance tasks.

TSX:IFC - Post by User

Intact Financial Corp

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Post by retiredcfon Mar 13, 2021 7:49am

291 Views

Post# 32792160

Another Recommendation

First stock in the clip; he also owns it personally as well as in his fund. GLTA

https://www.bnnbloomberg.ca/video/greg-newman-s-past-picks~2159492

PAST TOP PICK

Intact Financial

(IFC-T)

March 12, 2021

(A Top Pick Mar 11/20, Up 20%) Recommended this on the eve of covid. Wanted something steady and it did well. They bought RSA in Q2 that gives value to shareholders. Still a fragmented business and has good upside potential. Trading at 12x 2023. Still likes it.

INSURANCE

Greg Newman

Price

$152.940

Owned

Yes

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