Bullboard - Stock Discussion Forum Intact Financial Corp IFZZF

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 | T.IFC.PR.G | IFTPF | 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,... see more

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TSX:IFC - Post Discussion

Intact Financial Corp > Better Than The Traveler's Companies

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Post by retiredcf on Jan 16, 2022 9:24am

Better Than The Traveler's Companies

TRV has displayed decent growth over the last several years, hovering around the 2% to 5% range. Its profit margin has grown over the last few years and its debt levels are low. The valuation is good here, with a 1.3X forward sales multiple and 13.2X forward P/E. Sales growth is expected to be roughly 6% for 2022 and it currently pays out a 2.2% dividend. We think that it has performed well here, and as a good Canadian and American property and the casualty insurance company should continue to perform well. That said, we would prefer Intact (IFC) to TRV here, as IFC has a stronger overall performance and better fundamentals.

So said the team at 5iResearch. GLTA

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