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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

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

Post by retiredcfon Oct 06, 2022 6:30am
262 Views
Post# 35008627

Top Pick

Top PickFirst stock in the clip; he and his family also own it personally. GLTA

https://www.bnnbloomberg.ca/video/james-telfser-s-top-picks~2535730

Intact Financial (IFC TSX)

Intact has been a consistent performer for many years as it has executed on its strategy to become the largest P&C insurer in Canada while also positioning itself for above-average growth in the U.K. and Ireland, as well as in the United States. Intact has a conservative management team, a strong balance sheet and operates in a predictable industry; a solid combination in volatile markets. Intact rarely trades at a below-peer valuation, but shareholders consistently get rewarded with mid-to-high teens return on equity and catalyst potential in the form of mergers and acquisitions.
 

TOP PICK
Intact Financial(IFC-T)
04/10/2022 at 08:00pm
 
Great replacement for MFC in your portfolio. Creating significantly more shareholder value. Expanding outside Canada. Stable. Excellent capital allocators. Predictable earnings, what you want right now. Yield is 1.95%. (Analysts’ price target is $214.14)
INSURANCE
 
James Telfser
$204.900
Owned
 
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