Intact Financial Corp T.IFC.PR.G

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

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

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Post by retiredcfon Oct 06, 2021 7:23am

253 Views

Post# 33972374

Analyst Recommendation

Second stock in the clip; he also owns it personally. GLTA

https://www.bnnbloomberg.ca/video/brian-madden-past-picks~2294923

Intact Financial (IFC TSX)

Then: $145.05
Now: $164.67
Return: 13%
Total Return: 16%

PAST TOP PICK

Intact Financial (IFC-T)

04/10/2021

(A Top Pick Nov 05/20, Up 16%) It's a major holding of his. They're an excellent insurance operator. They're a leader in digital insurance in Canada with over 400 AI experts. This drives organic growth. They invest the float conservatively, and they are good acquirers, most recently getting a toehold in the UK and Scandinavia. They are gaining market share in Canada, too. The insurance market now has "hard" conditions, meaning pricing power as premiums rise. So, there's strong earnings growth.

INSURANCE

Brian Madden

$165.210

Owned

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