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Bullboard - Stock Discussion Forum 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

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

TSX:IFC - Post Discussion

Intact Financial Corp > Chris Blumas - BNN- DON'T BUY
View:
Post by Possibleidiot01 on Oct 16, 2024 3:29pm

Chris Blumas - BNN- DON'T BUY

DON'T BUY
Keep adding to a position?

Depends on what percentage it makes of your portfolio, plus what your cost base is. #1 competitor is IFC. The industry is consolidating more. Might have a leg up on IFC, as DFY is smaller and can buy a few more things in Canada.

Cost inflation and extreme weather give him pause in this area. Both well-run businesses, but inclined to stay away. The sector poses some risks.

insurance
$264.100
Not owned


Comment by SurfForWealth on Oct 16, 2024 4:04pm
I bought IFC in March 2014 at $67 and still hold it. A 296% gain plus all the dividends. I am ok with all that risk. LOL
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