Intact Financial Corp T.IFC.PR.F

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.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.

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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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