Intact Finl Corp (IFCZF) 74.5760 $IFCZF
Intact Financial's (IFCZF) CEO Charles Brindamour on Q1 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Wed May 06, 6:16PM CDT
Intact Financial Corporation announces election of Directors
CNW Group - Wed May 06, 4:50PM CDT
Intact Financial Corporation (TSX: IFC) announced that the nominees listed in its management proxy circular dated March 31, 2015 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, Ontario are set out below.
IFC.TO: 89.63 (-0.09)
Intact Financial Corporation Reports First Quarter Results
CNW Group - Wed May 06, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended March 31, 2015 of $186 million, up $57 million compared to the corresponding quarter of last year. On a per share basis, net operating income increased 46% to $1.37. The improvement reflects a $64 million reduction in catastrophe losses and the success of our profitability initiatives, offset in part by a repeat of severe winter conditions in Q1-2015, resulting in a combined ratio of 93.4%, 3.7 percentage points better than the same quarter last year. Net income amounted to $178 million compared to $160 million for the same period last year. Adjusted earnings per share of $1.38 compared to $1.23 in the first quarter of 2014. Direct premiums written grew 3% on an underlying basis to $1.6 billion.
IFC.TO: 89.63 (-0.09)
CWB Completes Sale of Canadian Direct Insurance
Marketwired - Fri May 01, 7:01AM CDT
Canadian Western Bank (TSX: CWB) today announced it has completed the previously disclosed sale of its property and casualty insurance subsidiary, Canadian Direct Insurance (CDI), to Intact Financial Corporation (TSX: IFC).
CWB.TO: 29.00 (-0.14), IFC.TO: 89.63 (-0.09)
Intact Financial Corporation completes acquisition of Canadian Direct Insurance Inc.
CNW Group - Fri May 01, 7:00AM CDT
Intact Financial Corporation (TSX: IFC) announced today that it has completed its acquisition of Canadian Direct Insurance Inc. ("CDI" or "Canadian Direct"
, thereby extending its direct-to-consumer operations from coast to coast.
IFC.TO: 89.63 (-0.09)
A.M. Best Affirms Ratings of Intact Financial Corporation and Its Subsidiaries
Business Wire - Thu Apr 30, 3:02PM CDT
A.M. Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa-" of the members of Intact Insurance Group (Intact Group), which are 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. In addition, A.M. Best has affirmed the ICR of "a-" and all debt ratings of the ultimate parent company, Intact Financial Corporation (IFC) [TSX:IFC]. The outlook for all ratings is stable. (Please see below for a detailed listing of the debt ratings.)
IFC.TO: 89.63 (-0.09)
Media Advisory - Intact Financial Corporation to release 2015 first quarter results on May 6
CNW Group - Wed Apr 29, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2015 first quarter results on Wednesday, May 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.
IFC.TO: 89.63 (-0.09)
Intact Financial Corporation's Annual Report and Proxy Circular are available online
CNW Group - Tue Apr 07, 9:00AM CDT
Intact Financial Corporation (TSX : IFC) announced today that its 2014 Annual Report and Annual Information Form as well as its 2015 Management Proxy Circular are now available online at www.intactfc.com under the Investor Relations section.
IFC.TO: 89.63 (-0.09)
IFC launches 2014 online annual report - In Touch
CNW Group - Thu Apr 02, 9:00AM CDT
Intact Financial Corporation (TSX:IFC) today launched its online annual report for 2014. Similar to last year's inaugural edition, this year's online annual report includes interactive charts, a video message from our CEO, Charles Brindamour, and additional media which highlight how we stayed "in touch" with our stakeholders.
IFC.TO: 89.63 (-0.09)
IFC is proud to launch Intact Lab - Intact's centre for digital excellence
CNW Group - Tue Mar 24, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) today announced the launch of Intact Lab, its centre for digital excellence. Intact Lab will focus on developing world-class digital solutions to provide Intact customers with an unrivaled service experience, and brokers with industry-leading business solutions. The lab will be based in Montreal, bringing together R&D and digital experts from across the company, and will support all of the IFC brands including Intact Insurance, belairdirect and BrokerLink.
IFC.TO: 89.63 (-0.09)
DMTI Spatial and Intact Financial Win the Prestigious ICTA Technology Implementation of the Year Award
CNW Group - Fri Mar 13, 8:00AM CDT
At the 6th annual Insurance Canada Technology Conference (ICTC), DMTI and Intact Financial Corporation were awarded the Technology Implementation of the Year award for their work in implementing real-time location analytics technology at Canada's largest insurance company, resulting in a 15 per cent reduction in processing time. Judging for the ICTA is based on the positive impact that a specific technology or application of technology has had on business.
CWB Announces Strategic Transaction to Refine Its Growth Strategy
Marketwired - Tue Feb 10, 6:01PM CST
Canadian Western Bank Group (TSX: CWB) today announced a refinement to its long-term growth strategy with a definitive agreement to sell its property and casualty insurance subsidiary, Canadian Direct Insurance (CDI), to Intact Financial Corporation (Intact) for $197 million in cash. The purchase price is approximately 2.5 times the net book value of CDI as at October 31, 2014. The transaction is subject to customary closing conditions, including regulatory approvals. The closing date is expected in mid-2015.
CWB.TO: 29.00 (-0.14)
IFC expands direct operations in Western Canada through acquisition of Canadian Direct Insurance Inc.
CNW Group - Tue Feb 10, 6:00PM CST
Intact Financial Corporation (TSX: IFC) ("IFC" announced today that it has entered into a definitive agreement with Canadian Western Bank (TSX: CWB) to acquire Canadian Direct Insurance Inc. ("CDI" for $197 million, thereby extending its direct-to-consumer operations from coast to coast. The acquisition is expected to be financed exclusively with excess capital and provide accretion of 2% in the near term to net operating income per share. Annual synergies amounting to $10 million after tax are expected from a combination of reinsurance cost reductions, systems-related cost savings and claims efficiencies. IFC expects to maintain its strong capital position on closing with an estimated MCT above 200%.
CWB.TO: 29.00 (-0.14), IFC.TO: 89.63 (-0.09)
Intact Financial Corporation reports fourth quarter and year-end results
CNW Group - Wed Feb 04, 5:55AM CST
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended December 31, 2014 of $247 million, $104 million higher than the corresponding quarter of 2013. The growth in operating income was driven by strong underwriting income, as the Company reported an 8.1 point improvement in its combined ratio to 88.2%. On a per share basis, net operating income increased 75% from a year ago to $1.84. The increase in net operating income led to net income of $205 million compared to $107 million for the same period last year. Earnings per share totaled $1.52, versus $0.77 in the fourth quarter of 2013. Direct premiums written increased 3% to $1.8 billion.
IFC.TO: 89.63 (-0.09)
Intact Financial Corporation to release 2014 fourth quarter and year-end results on February 4
CNW Group - Wed Jan 28, 6:00AM CST
Intact Financial Corporation (TSX: IFC) will announce its 2014 fourth quarter and year-end results on Wednesday, February 4 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.
IFC.TO: 89.63 (-0.09)
Best Canadian Dividend Stocks For 2015: Here's My Top 3
The Dividend Guy - Seeking Alpha - Mon Jan 05, 2:30PM CST
Last year, we said we were moderately bullish for the Canadian market for 2014. After beating the S&P 500 for 10 months in a row and reaching almost 15% growth, the TSX is now back to a small +1.89% as of December 11th 2014. Who's guilty of this...
Intact Financial's (IFCZF) CEO Charles Brindamour on Q1 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Wed May 06, 6:16PM CDT
Intact Financial Corporation announces election of Directors
CNW Group - Wed May 06, 4:50PM CDT
Intact Financial Corporation (TSX: IFC) announced that the nominees listed in its management proxy circular dated March 31, 2015 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, Ontario are set out below.
IFC.TO: 89.63 (-0.09)
Intact Financial Corporation Reports First Quarter Results
CNW Group - Wed May 06, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended March 31, 2015 of $186 million, up $57 million compared to the corresponding quarter of last year. On a per share basis, net operating income increased 46% to $1.37. The improvement reflects a $64 million reduction in catastrophe losses and the success of our profitability initiatives, offset in part by a repeat of severe winter conditions in Q1-2015, resulting in a combined ratio of 93.4%, 3.7 percentage points better than the same quarter last year. Net income amounted to $178 million compared to $160 million for the same period last year. Adjusted earnings per share of $1.38 compared to $1.23 in the first quarter of 2014. Direct premiums written grew 3% on an underlying basis to $1.6 billion.
IFC.TO: 89.63 (-0.09)
CWB Completes Sale of Canadian Direct Insurance
Marketwired - Fri May 01, 7:01AM CDT
Canadian Western Bank (TSX: CWB) today announced it has completed the previously disclosed sale of its property and casualty insurance subsidiary, Canadian Direct Insurance (CDI), to Intact Financial Corporation (TSX: IFC).
CWB.TO: 29.00 (-0.14), IFC.TO: 89.63 (-0.09)
Intact Financial Corporation completes acquisition of Canadian Direct Insurance Inc.
CNW Group - Fri May 01, 7:00AM CDT
Intact Financial Corporation (TSX: IFC) announced today that it has completed its acquisition of Canadian Direct Insurance Inc. ("CDI" or "Canadian Direct"
, thereby extending its direct-to-consumer operations from coast to coast. IFC.TO: 89.63 (-0.09)
A.M. Best Affirms Ratings of Intact Financial Corporation and Its Subsidiaries
Business Wire - Thu Apr 30, 3:02PM CDT
A.M. Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa-" of the members of Intact Insurance Group (Intact Group), which are 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. In addition, A.M. Best has affirmed the ICR of "a-" and all debt ratings of the ultimate parent company, Intact Financial Corporation (IFC) [TSX:IFC]. The outlook for all ratings is stable. (Please see below for a detailed listing of the debt ratings.)
IFC.TO: 89.63 (-0.09)
Media Advisory - Intact Financial Corporation to release 2015 first quarter results on May 6
CNW Group - Wed Apr 29, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2015 first quarter results on Wednesday, May 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.
IFC.TO: 89.63 (-0.09)
Intact Financial Corporation's Annual Report and Proxy Circular are available online
CNW Group - Tue Apr 07, 9:00AM CDT
Intact Financial Corporation (TSX : IFC) announced today that its 2014 Annual Report and Annual Information Form as well as its 2015 Management Proxy Circular are now available online at www.intactfc.com under the Investor Relations section.
IFC.TO: 89.63 (-0.09)
IFC launches 2014 online annual report - In Touch
CNW Group - Thu Apr 02, 9:00AM CDT
Intact Financial Corporation (TSX:IFC) today launched its online annual report for 2014. Similar to last year's inaugural edition, this year's online annual report includes interactive charts, a video message from our CEO, Charles Brindamour, and additional media which highlight how we stayed "in touch" with our stakeholders.
IFC.TO: 89.63 (-0.09)
IFC is proud to launch Intact Lab - Intact's centre for digital excellence
CNW Group - Tue Mar 24, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) today announced the launch of Intact Lab, its centre for digital excellence. Intact Lab will focus on developing world-class digital solutions to provide Intact customers with an unrivaled service experience, and brokers with industry-leading business solutions. The lab will be based in Montreal, bringing together R&D and digital experts from across the company, and will support all of the IFC brands including Intact Insurance, belairdirect and BrokerLink.
IFC.TO: 89.63 (-0.09)
DMTI Spatial and Intact Financial Win the Prestigious ICTA Technology Implementation of the Year Award
CNW Group - Fri Mar 13, 8:00AM CDT
At the 6th annual Insurance Canada Technology Conference (ICTC), DMTI and Intact Financial Corporation were awarded the Technology Implementation of the Year award for their work in implementing real-time location analytics technology at Canada's largest insurance company, resulting in a 15 per cent reduction in processing time. Judging for the ICTA is based on the positive impact that a specific technology or application of technology has had on business.
CWB Announces Strategic Transaction to Refine Its Growth Strategy
Marketwired - Tue Feb 10, 6:01PM CST
Canadian Western Bank Group (TSX: CWB) today announced a refinement to its long-term growth strategy with a definitive agreement to sell its property and casualty insurance subsidiary, Canadian Direct Insurance (CDI), to Intact Financial Corporation (Intact) for $197 million in cash. The purchase price is approximately 2.5 times the net book value of CDI as at October 31, 2014. The transaction is subject to customary closing conditions, including regulatory approvals. The closing date is expected in mid-2015.
CWB.TO: 29.00 (-0.14)
IFC expands direct operations in Western Canada through acquisition of Canadian Direct Insurance Inc.
CNW Group - Tue Feb 10, 6:00PM CST
Intact Financial Corporation (TSX: IFC) ("IFC"
announced today that it has entered into a definitive agreement with Canadian Western Bank (TSX: CWB) to acquire Canadian Direct Insurance Inc. ("CDI" for $197 million, thereby extending its direct-to-consumer operations from coast to coast. The acquisition is expected to be financed exclusively with excess capital and provide accretion of 2% in the near term to net operating income per share. Annual synergies amounting to $10 million after tax are expected from a combination of reinsurance cost reductions, systems-related cost savings and claims efficiencies. IFC expects to maintain its strong capital position on closing with an estimated MCT above 200%. CWB.TO: 29.00 (-0.14), IFC.TO: 89.63 (-0.09)
Intact Financial Corporation reports fourth quarter and year-end results
CNW Group - Wed Feb 04, 5:55AM CST
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended December 31, 2014 of $247 million, $104 million higher than the corresponding quarter of 2013. The growth in operating income was driven by strong underwriting income, as the Company reported an 8.1 point improvement in its combined ratio to 88.2%. On a per share basis, net operating income increased 75% from a year ago to $1.84. The increase in net operating income led to net income of $205 million compared to $107 million for the same period last year. Earnings per share totaled $1.52, versus $0.77 in the fourth quarter of 2013. Direct premiums written increased 3% to $1.8 billion.
IFC.TO: 89.63 (-0.09)
Intact Financial Corporation to release 2014 fourth quarter and year-end results on February 4
CNW Group - Wed Jan 28, 6:00AM CST
Intact Financial Corporation (TSX: IFC) will announce its 2014 fourth quarter and year-end results on Wednesday, February 4 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.
IFC.TO: 89.63 (-0.09)
Best Canadian Dividend Stocks For 2015: Here's My Top 3
The Dividend Guy - Seeking Alpha - Mon Jan 05, 2:30PM CST
Last year, we said we were moderately bullish for the Canadian market for 2014. After beating the S&P 500 for 10 months in a row and reaching almost 15% growth, the TSX is now back to a small +1.89% as of December 11th 2014. Who's guilty of this...
