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

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Post by retiredcfon Apr 12, 2022 8:12am

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Post# 34596196

BNS

Hardly worth the effort. GLTA

After announcing a higher-than-anticipated first-quarter catastrophe loss estimate on Monday, Scotia’s Phil Hardie cut his Intact Financial Corp. target to $200 from $201 with a “sector outperform” rating. The average is $208.25.

“We remain constructive on Intact, given its defensive characteristics, solid growth outlook, and sustainable mid-teen ROE supported by a favourable pricing environment,” he said.

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