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Intact Financial Corp T.IFC.PR.E


Primary Symbol: T.IFC Alternate Symbol(s):  IFCZF | T.IFC.PR.A | T.IFC.PR.C | INTAF | 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

Comment by ratsnake220on Oct 11, 2022 12:54am
171 Views
Post# 35016479

RE:Greg Newman

RE:Greg NewmanNewman most likely is required to own stocks in the fund or etf he manages.....thats the problem...with funds....those names all lose money he bought...intact down nearly 4% today....So with Jamie Dimond and the head person at Bank of America today signalling they see a downside of a additional 20% going into next year in the S&P i would say i feel sorry for Mr Newmans clients.....BCE is a dog and its going lower...its Bell media will be slaughtered in a advertisng slowdown....and so their are a couple of areas....short term less than 1 year invetment grade USA treauries pay 4.1%   and you have no capital loss risk.....i am going to not try and be a hero when the two largest banks in North America have a call of 20% downdraft in the S&P.....They also say recession is 6-9 months away.....watch for increased unemployment......i cashed out on some real estate 30 days ago....got that elephant off my back....Can you imagine with at least 200 more basis points added to the equation what happens to that next year.....Retired cf....you do a great job with your info....i sold 50% of my energy today....up 10% on that last month...Where do you think this is going......Dont say buy Corus....boy can you imagine a 6% dividend and stock treading just of $2.00 ....Thats how bad the ad business is going to go in 2023....i know i spent last 25 years in it
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