Intact Financial Corporation (IFC.TO) 70.22 $IFC.TO
Media Advisory - IFC launches inaugural online Annual Report - Stronger Together
CNW Group - Mon Apr 07, 11:00AM CDT
Intact Financial Corporation (TSX: IFC) today launched its inaugural online Annual Report for 2013. At Intact, we believe that insurance is about people, and not about things. With this in mind, we shine the spotlight on our customers, employees, brokers and the communities in which we live to show how we are truly "stronger together".
Media Advisory - Intact Financial Corporation's Annual Report and Proxy Circular are available online
CNW Group - Tue Apr 01, 7:00AM CDT
Intact Financial Corporation (TSX : IFC) announced today that its 2013 Annual Report and Annual Information Form as well as its 2014 Management Proxy Circular are now available online at www.intactfc.com under the Investor Relations section.
Intact Financial Corporation to acquire Metro General Insurance Corporation Limited
CNW Group - Fri Feb 21, 8:00AM CST
Intact Financial Corporation (TSX: IFC) announced today that it has signed a definitive share purchase agreement for the acquisition of Newfoundland and Labrador-based Metro General Insurance Corporation Limited. The transaction, whose terms were not disclosed, is expected to close later this year upon receipt of the appropriate regulatory approvals.
Intact Financial Corporation reports fourth quarter and year-end results
CNW Group - Wed Feb 05, 5:55AM CST
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended December 31, 2013 of $143 million, down $51 million compared to the corresponding quarter of last year. On a per share basis, net operating income decreased by $0.37 to $1.05. The decrease reflects mainly the impact of severe winter weather conditions, including the December ice storm in Ontario and Québec, which led to a combined ratio of 96.3%. The decline in net operating income led to net income of $107 million compared to $177 million for the same period last year. Adjusted earnings per share, which excludes integration-related costs, was $0.88 compared to $1.49 for the fourth quarter of 2012. Direct premiums written increased 1% to $1.7 billion.
Media Advisory - Intact Financial Corporation to release 2013 fourth quarter and year-end results on February 5
CNW Group - Wed Jan 29, 6:00AM CST
Intact Financial Corporation (TSX: IFC) will announce its 2013 fourth quarter and year-end results on Wednesday, February 5 at approximately 7:00 a.m. ET and host a conference call for analysts and investors at 11:00 a.m. ET the same day.
Intact Financial picks Guidewire billing system
M2 - Tue Dec 17, 8:05AM CST
Intact Financial Corp. (TSX: IFC) said it has selected Guidewire Software, Inc.'s (NYSE: GWRE) BillingCenter to manage its billing operations.
Intact Financial Corporation Selects Guidewire System for Billing
Business Wire - Mon Dec 16, 8:07AM CST
Intact Financial Corporation (TSX:IFC), Canada's largest provider of home, auto and business insurance, and Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to Property/Casualty insurers, today announced that Intact has selected Guidewire BillingCenter(R) to manage its billing operations. By standardizing its billing operations with BillingCenter, Intact will improve its business processes, increase flexibility for new billing and payment plans, lower IT costs, and deliver an improved customer experience.
Intact Financial Corporation announces Executive Appointments
CNW Group - Fri Nov 15, 8:00AM CST
Charles Brindamour, Chief Executive Officer of Intact Financial Corporation (TSX: IFC) today announced a number of changes to the roles and responsibilities of members of the company's Executive Committee.
Intact Insurance and belairdirect to offer an auto insurance discount to Quebec drivers based on driving behaviours
CNW Group - Wed Nov 06, 5:56AM CST
Intact Financial Corporation (TSX : IFC) announced today that its affiliates Intact Insurance and belairdirect will launch a telematics-based solution that will allow eligible good drivers in Quebec to save up to 25% on their annual auto insurance premiums based on driving behaviours, in the weeks to come. Similar programs are expected to be rolled out in other jurisdictions in the coming months.
Intact Financial Corporation reports third quarter results
CNW Group - Wed Nov 06, 5:55AM CST
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended September 30, 2013 of $59 million, down $63 million compared to the corresponding quarter of last year. On a per share basis, net operating income decreased by $0.48 to $0.41. The decrease reflects the impact of unprecedented pre-tax catastrophe losses of $273 million net of reinsurance (an after-tax loss of $201 million or $1.52 per share). The catastrophe losses incurred during the quarter resulted from major rain and hail storms in Quebec, Ontario and Alberta as well as the Lac-Mégantic tragedy. The decline in net operating income led to net income of $47 million compared to $92 million for the same period last year. Adjusted earnings per share, which excludes integration-related costs, was $0.39 compared to $0.90. Improved current year results in personal property and higher favourable prior year claims development were outweighed by significantly higher catastrophe losses for an overall combined ratio of 102.8%. Direct premiums written increased 6% to $1.9 billion, reflecting primarily the addition of Jevco's product suite.
Media Advisory - Intact Financial Corporation to release 2013 third quarter results on November 6
CNW Group - Wed Oct 30, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2013 third quarter results on Wednesday, November 6 at approximately 7:00 a.m. ET and host a conference call for analysts and investors at 11:00 a.m. ET the same day.
Intact Financial Corporation Reports Second Quarter Results
CNW Group - Wed Jul 31, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended June 30, 2013 of $123 million, down $57 million compared to the corresponding quarter of last year. On a per share basis, net operating income decreased by $0.46 to $0.89. The decrease reflects a pre-tax loss of $143 million net of reinsurance (an after-tax loss of $105 million or $0.79 per share) incurred as a result of the storms and flooding in Alberta. Net income was $103 million compared to $129 million for the same period last year and adjusted earnings per share, which excludes integration-related costs, was $0.81 compared to $1.08. Solid underlying results in auto were outweighed by higher catastrophe losses and less favourable current year results for an overall combined ratio of 97.5%. The change in current year results was largely due to increased claims severity in the commercial P&C and personal auto lines of business. Direct premiums written increased 10% to $2.2 billion, reflecting the addition of Jevco and solid organic growth.
Media Advisory - Intact Financial Corporation to release 2013 second quarter results on July 31
CNW Group - Wed Jul 24, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2013 second quarter results on Wednesday, July 31 at approximately 7:00 a.m. ET and host a conference call for analysts and investors at 11:00 a.m. ET the same day.
Intact Financial Corporation releases estimates of the financial impact from recent catastrophic events
CNW Group - Mon Jul 22, 6:09AM CDT
Intact Financial Corporation (TSX: IFC) announced today that it has been helping approximately 16,000 customers get back on track following the Alberta flooding, Lac-Mégantic train derailment, Greater Toronto Area rain storm and early July hail storms.
Intact Insurance mobilizes its resources from across the country to help Albertans restore their lives
CNW Group - Mon Jun 24, 1:30PM CDT
Intact Insurance, Canada's largest home, auto and business insurance company, has mobilized its community response team to help provide assistance and support for customers who have been affected by severe hail and rain storms as well as flooding in Calgary and surrounding southern Alberta communities.
Intact Financial Corporation receives TSX approval for normal course issuer bid
CNW Group - Wed May 08, 4:00PM CDT
Intact Financial Corporation (TSX: IFC ) announced today that a normal course issuer bid ("NCIB"
authorized by its Board of Directors to purchase for cancellation during the next 12 months up to 6,666,683 common shares, representing approximately 5% of its issued and outstanding common shares, has been approved by the Toronto Stock Exchange ("TSX".
Intact Financial Corporation announces election of Directors
CNW Group - Wed May 08, 3:13PM CDT
Intact Financial Corporation (TSX : IFC) announced that the nominees listed in its management proxy circular dated March 28, 2013 were elected as directors of Intact Financial Corporation. The detailed results of the vote for the election of directors held at its Annual Meeting of Shareholders earlier today in Toronto are set out below.
Intact Financial Corporation Reports First Quarter Results
CNW Group - Wed May 08, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended March 31, 2013 of $175 million or $1.27 per share ($1.02 per share excluding a non-recurring item) compared to $179 million or $1.34 per share in the corresponding quarter of last year. Net income remained relatively unchanged at $174 million and adjusted earnings per share, which excludes integration-related costs, was $1.36 versus $1.55 for the same period last year. The combined ratio increased 2.8 percentage points to 95.1% from the exceptional underwriting performance of 92.3% in the first quarter of 2012. Direct premiums written increased 9% to $1.5 billion compared to a year ago, reflecting the addition of Jevco and organic growth.
Intact Financial Corporation announces normal course issuer bid
CNW Group - Wed May 08, 5:54AM CDT
Intact Financial Corporation (TSX: IFC ) announced today that its Board of Directors has authorized a normal course issuer bid ("NCIB" to purchase for cancellation during the next 12 months up to 5% of its issued and outstanding common shares, subject to the approval of the Toronto Stock Exchange ("TSX".
Media Advisory - Intact Financial Corporation to release 2013 first quarter results on May 8
CNW Group - Wed May 01, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2013 first quarter results on Wednesday, May 8 at approximately 7:00 a.m. ET and host a conference call for analysts and investors at 11:00 a.m. ET the same day.
Media Advisory - IFC launches inaugural online Annual Report - Stronger Together
CNW Group - Mon Apr 07, 11:00AM CDT
Intact Financial Corporation (TSX: IFC) today launched its inaugural online Annual Report for 2013. At Intact, we believe that insurance is about people, and not about things. With this in mind, we shine the spotlight on our customers, employees, brokers and the communities in which we live to show how we are truly "stronger together".
Media Advisory - Intact Financial Corporation's Annual Report and Proxy Circular are available online
CNW Group - Tue Apr 01, 7:00AM CDT
Intact Financial Corporation (TSX : IFC) announced today that its 2013 Annual Report and Annual Information Form as well as its 2014 Management Proxy Circular are now available online at www.intactfc.com under the Investor Relations section.
Intact Financial Corporation to acquire Metro General Insurance Corporation Limited
CNW Group - Fri Feb 21, 8:00AM CST
Intact Financial Corporation (TSX: IFC) announced today that it has signed a definitive share purchase agreement for the acquisition of Newfoundland and Labrador-based Metro General Insurance Corporation Limited. The transaction, whose terms were not disclosed, is expected to close later this year upon receipt of the appropriate regulatory approvals.
Intact Financial Corporation reports fourth quarter and year-end results
CNW Group - Wed Feb 05, 5:55AM CST
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended December 31, 2013 of $143 million, down $51 million compared to the corresponding quarter of last year. On a per share basis, net operating income decreased by $0.37 to $1.05. The decrease reflects mainly the impact of severe winter weather conditions, including the December ice storm in Ontario and Québec, which led to a combined ratio of 96.3%. The decline in net operating income led to net income of $107 million compared to $177 million for the same period last year. Adjusted earnings per share, which excludes integration-related costs, was $0.88 compared to $1.49 for the fourth quarter of 2012. Direct premiums written increased 1% to $1.7 billion.
Media Advisory - Intact Financial Corporation to release 2013 fourth quarter and year-end results on February 5
CNW Group - Wed Jan 29, 6:00AM CST
Intact Financial Corporation (TSX: IFC) will announce its 2013 fourth quarter and year-end results on Wednesday, February 5 at approximately 7:00 a.m. ET and host a conference call for analysts and investors at 11:00 a.m. ET the same day.
Intact Financial picks Guidewire billing system
M2 - Tue Dec 17, 8:05AM CST
Intact Financial Corp. (TSX: IFC) said it has selected Guidewire Software, Inc.'s (NYSE: GWRE) BillingCenter to manage its billing operations.
Intact Financial Corporation Selects Guidewire System for Billing
Business Wire - Mon Dec 16, 8:07AM CST
Intact Financial Corporation (TSX:IFC), Canada's largest provider of home, auto and business insurance, and Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to Property/Casualty insurers, today announced that Intact has selected Guidewire BillingCenter(R) to manage its billing operations. By standardizing its billing operations with BillingCenter, Intact will improve its business processes, increase flexibility for new billing and payment plans, lower IT costs, and deliver an improved customer experience.
Intact Financial Corporation announces Executive Appointments
CNW Group - Fri Nov 15, 8:00AM CST
Charles Brindamour, Chief Executive Officer of Intact Financial Corporation (TSX: IFC) today announced a number of changes to the roles and responsibilities of members of the company's Executive Committee.
Intact Insurance and belairdirect to offer an auto insurance discount to Quebec drivers based on driving behaviours
CNW Group - Wed Nov 06, 5:56AM CST
Intact Financial Corporation (TSX : IFC) announced today that its affiliates Intact Insurance and belairdirect will launch a telematics-based solution that will allow eligible good drivers in Quebec to save up to 25% on their annual auto insurance premiums based on driving behaviours, in the weeks to come. Similar programs are expected to be rolled out in other jurisdictions in the coming months.
Intact Financial Corporation reports third quarter results
CNW Group - Wed Nov 06, 5:55AM CST
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended September 30, 2013 of $59 million, down $63 million compared to the corresponding quarter of last year. On a per share basis, net operating income decreased by $0.48 to $0.41. The decrease reflects the impact of unprecedented pre-tax catastrophe losses of $273 million net of reinsurance (an after-tax loss of $201 million or $1.52 per share). The catastrophe losses incurred during the quarter resulted from major rain and hail storms in Quebec, Ontario and Alberta as well as the Lac-Mégantic tragedy. The decline in net operating income led to net income of $47 million compared to $92 million for the same period last year. Adjusted earnings per share, which excludes integration-related costs, was $0.39 compared to $0.90. Improved current year results in personal property and higher favourable prior year claims development were outweighed by significantly higher catastrophe losses for an overall combined ratio of 102.8%. Direct premiums written increased 6% to $1.9 billion, reflecting primarily the addition of Jevco's product suite.
Media Advisory - Intact Financial Corporation to release 2013 third quarter results on November 6
CNW Group - Wed Oct 30, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2013 third quarter results on Wednesday, November 6 at approximately 7:00 a.m. ET and host a conference call for analysts and investors at 11:00 a.m. ET the same day.
Intact Financial Corporation Reports Second Quarter Results
CNW Group - Wed Jul 31, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended June 30, 2013 of $123 million, down $57 million compared to the corresponding quarter of last year. On a per share basis, net operating income decreased by $0.46 to $0.89. The decrease reflects a pre-tax loss of $143 million net of reinsurance (an after-tax loss of $105 million or $0.79 per share) incurred as a result of the storms and flooding in Alberta. Net income was $103 million compared to $129 million for the same period last year and adjusted earnings per share, which excludes integration-related costs, was $0.81 compared to $1.08. Solid underlying results in auto were outweighed by higher catastrophe losses and less favourable current year results for an overall combined ratio of 97.5%. The change in current year results was largely due to increased claims severity in the commercial P&C and personal auto lines of business. Direct premiums written increased 10% to $2.2 billion, reflecting the addition of Jevco and solid organic growth.
Media Advisory - Intact Financial Corporation to release 2013 second quarter results on July 31
CNW Group - Wed Jul 24, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2013 second quarter results on Wednesday, July 31 at approximately 7:00 a.m. ET and host a conference call for analysts and investors at 11:00 a.m. ET the same day.
Intact Financial Corporation releases estimates of the financial impact from recent catastrophic events
CNW Group - Mon Jul 22, 6:09AM CDT
Intact Financial Corporation (TSX: IFC) announced today that it has been helping approximately 16,000 customers get back on track following the Alberta flooding, Lac-Mégantic train derailment, Greater Toronto Area rain storm and early July hail storms.
Intact Insurance mobilizes its resources from across the country to help Albertans restore their lives
CNW Group - Mon Jun 24, 1:30PM CDT
Intact Insurance, Canada's largest home, auto and business insurance company, has mobilized its community response team to help provide assistance and support for customers who have been affected by severe hail and rain storms as well as flooding in Calgary and surrounding southern Alberta communities.
Intact Financial Corporation receives TSX approval for normal course issuer bid
CNW Group - Wed May 08, 4:00PM CDT
Intact Financial Corporation (TSX: IFC ) announced today that a normal course issuer bid ("NCIB"
authorized by its Board of Directors to purchase for cancellation during the next 12 months up to 6,666,683 common shares, representing approximately 5% of its issued and outstanding common shares, has been approved by the Toronto Stock Exchange ("TSX". Intact Financial Corporation announces election of Directors
CNW Group - Wed May 08, 3:13PM CDT
Intact Financial Corporation (TSX : IFC) announced that the nominees listed in its management proxy circular dated March 28, 2013 were elected as directors of Intact Financial Corporation. The detailed results of the vote for the election of directors held at its Annual Meeting of Shareholders earlier today in Toronto are set out below.
Intact Financial Corporation Reports First Quarter Results
CNW Group - Wed May 08, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended March 31, 2013 of $175 million or $1.27 per share ($1.02 per share excluding a non-recurring item) compared to $179 million or $1.34 per share in the corresponding quarter of last year. Net income remained relatively unchanged at $174 million and adjusted earnings per share, which excludes integration-related costs, was $1.36 versus $1.55 for the same period last year. The combined ratio increased 2.8 percentage points to 95.1% from the exceptional underwriting performance of 92.3% in the first quarter of 2012. Direct premiums written increased 9% to $1.5 billion compared to a year ago, reflecting the addition of Jevco and organic growth.
Intact Financial Corporation announces normal course issuer bid
CNW Group - Wed May 08, 5:54AM CDT
Intact Financial Corporation (TSX: IFC ) announced today that its Board of Directors has authorized a normal course issuer bid ("NCIB"
to purchase for cancellation during the next 12 months up to 5% of its issued and outstanding common shares, subject to the approval of the Toronto Stock Exchange ("TSX". Media Advisory - Intact Financial Corporation to release 2013 first quarter results on May 8
CNW Group - Wed May 01, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2013 first quarter results on Wednesday, May 8 at approximately 7:00 a.m. ET and host a conference call for analysts and investors at 11:00 a.m. ET the same day.
