Intact Finl Corp (IFCZF) 65.8900 $IFCZF
Intact Financial Corporation announces election of Directors and confirmation of revised amendment to quorum requirement
CNW Group - Wed May 07, 9:38PM CDT
Intact Financial Corporation (TSX : IFC) announced that the nominees listed in its management proxy circular dated March 28, 2014 were elected as directors of Intact Financial Corporation. The detailed results of the vote for the election of directors held at its Annual and Special Meeting of Shareholders earlier today in Vancouver, British Columbia are set out below.
Intact Financial Corporation reports first quarter results
CNW Group - Wed May 07, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended March 31, 2014 of $129 million, down $46 million compared to the corresponding quarter of last year. On a per share basis, net operating income decreased 8% to $0.94 after adjusting for a non-recurring favourable tax item of $0.25 recorded in the first quarter of last year. The decrease reflects the impact of harsh winter weather conditions, which led to a combined ratio of 97.1%, up 2 percentage points from the same quarter last year. Net income amounted to $160 million compared to $174 million for the same period last year. Adjusted earnings per share of $1.23 compared to $1.36 in the first quarter of 2013. Direct premiums written remained largely unchanged at $1.5 billion.
A.M. Best Affirms Ratings of Intact Financial Corporation and Its Subsidiaries
Business Wire - Wed Apr 30, 9:01AM CDT
A.M. Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-" of the members of Intact Insurance Group (Intact Group), which include Belair Insurance Company Inc. (Quebec), Intact Insurance Company, Novex Insurance Company, The Nordic Insurance Company of Canada, Trafalgar Insurance Company of Canada and Jevco Insurance Company, as well as its separately rated member, Intact Farm Insurance Inc. (IFI) (Quebec). All companies are domiciled in Ontario, unless otherwise specified.
Media Advisory - Intact Financial Corporation to release 2014 first quarter results on May 7
CNW Group - Wed Apr 30, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2014 first quarter results on Wednesday, May 7, 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.
Home and auto insurance to be made available to Sun Life Financial customers in Canada through belairdirect
CNW Group - Wed Nov 27, 6:00AM CST
Sun Life Assurance Company of Canada and Intact Financial Corporation announced today a referral arrangement to provide Sun Life's customers in Canada with access to belairdirect's home and auto insurance offerings through their websites and call centres.
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 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.
AXA ART Insurance Corporation Establishes Canadian Branch
Marketwire - Thu Jun 13, 10:01AM CDT
AXA ART Insurance Corporation today announced that its application to establish a Canadian Branch has received federal regulatory approval, the Order to Insure in Canada Risks, from the Office of the Superintendent of Financial Institutions Canada. The company will now proceed to apply for provincial licensing throughout Canada. The existing business continuation agreement in place with Intact Financial Corporation will continue until the provincial licensing process is complete. Thereafter, AXA ART's full-service Canadian branch will be headquartered in Toronto, Ontario.
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 announces election of Directors and confirmation of revised amendment to quorum requirement
CNW Group - Wed May 07, 9:38PM CDT
Intact Financial Corporation (TSX : IFC) announced that the nominees listed in its management proxy circular dated March 28, 2014 were elected as directors of Intact Financial Corporation. The detailed results of the vote for the election of directors held at its Annual and Special Meeting of Shareholders earlier today in Vancouver, British Columbia are set out below.
Intact Financial Corporation reports first quarter results
CNW Group - Wed May 07, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended March 31, 2014 of $129 million, down $46 million compared to the corresponding quarter of last year. On a per share basis, net operating income decreased 8% to $0.94 after adjusting for a non-recurring favourable tax item of $0.25 recorded in the first quarter of last year. The decrease reflects the impact of harsh winter weather conditions, which led to a combined ratio of 97.1%, up 2 percentage points from the same quarter last year. Net income amounted to $160 million compared to $174 million for the same period last year. Adjusted earnings per share of $1.23 compared to $1.36 in the first quarter of 2013. Direct premiums written remained largely unchanged at $1.5 billion.
A.M. Best Affirms Ratings of Intact Financial Corporation and Its Subsidiaries
Business Wire - Wed Apr 30, 9:01AM CDT
A.M. Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-" of the members of Intact Insurance Group (Intact Group), which include Belair Insurance Company Inc. (Quebec), Intact Insurance Company, Novex Insurance Company, The Nordic Insurance Company of Canada, Trafalgar Insurance Company of Canada and Jevco Insurance Company, as well as its separately rated member, Intact Farm Insurance Inc. (IFI) (Quebec). All companies are domiciled in Ontario, unless otherwise specified.
Media Advisory - Intact Financial Corporation to release 2014 first quarter results on May 7
CNW Group - Wed Apr 30, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2014 first quarter results on Wednesday, May 7, 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.
Home and auto insurance to be made available to Sun Life Financial customers in Canada through belairdirect
CNW Group - Wed Nov 27, 6:00AM CST
Sun Life Assurance Company of Canada and Intact Financial Corporation announced today a referral arrangement to provide Sun Life's customers in Canada with access to belairdirect's home and auto insurance offerings through their websites and call centres.
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 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.
AXA ART Insurance Corporation Establishes Canadian Branch
Marketwire - Thu Jun 13, 10:01AM CDT
AXA ART Insurance Corporation today announced that its application to establish a Canadian Branch has received federal regulatory approval, the Order to Insure in Canada Risks, from the Office of the Superintendent of Financial Institutions Canada. The company will now proceed to apply for provincial licensing throughout Canada. The existing business continuation agreement in place with Intact Financial Corporation will continue until the provincial licensing process is complete. Thereafter, AXA ART's full-service Canadian branch will be headquartered in Toronto, Ontario.
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.
