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Intact Financial Corp T.IFC.PR.C


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

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

Comment by retiredcfon Jul 28, 2021 8:33am
162 Views
Post# 33615551

RE:Top Pick

RE:Top PickSecond stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/greg-newman-s-top-picks~2249291

TOP PICK
Intact Financial(IFC-T)
26/07/2021 
 
A steady eddy. They just did an acquisition of RSA which expand their leadership in Canada, and gives them a presence in the UK and Ireland. Tailwinds come from their high-quality investment porfolio. They enjoy good pricing in various divisions as we leave Covid behind. He see EPS growth. Trades at 16.3x future PE. (Analysts’ price target is $189.64)
 
INSURANCE
 
Greg Newman
$170.000
Owned
 
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