Bullboard - Stock Discussion Forum Intact Financial Corp T.IFC.PR.I

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 | IFZZF | 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 > Analyst Recommendation

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Post by retiredcf on Oct 06, 2021 7:23am

Analyst Recommendation

Second stock in the clip; he also owns it personally. GLTA

https://www.bnnbloomberg.ca/video/brian-madden-past-picks~2294923

Intact Financial (IFC TSX)

Then: $145.05
Now: $164.67
Return: 13%
Total Return: 16%

PAST TOP PICK

Intact Financial (IFC-T)

04/10/2021

(A Top Pick Nov 05/20, Up 16%) It's a major holding of his. They're an excellent insurance operator. They're a leader in digital insurance in Canada with over 400 AI experts. This drives organic growth. They invest the float conservatively, and they are good acquirers, most recently getting a toehold in the UK and Scandinavia. They are gaining market share in Canada, too. The insurance market now has "hard" conditions, meaning pricing power as premiums rise. So, there's strong earnings growth.

INSURANCE

Brian Madden

$165.210

Owned

280