Intact Finl Corp (IFCZF) 69.5400 $IFCZF
UberX service: Quebec brokers sound the alarm
CNW Group - Thu Sep 10, 2:00PM CDT
Following the announcement of a cooperation agreement between Intact Financial Corporation and Uber, brokers are warning UberX users that they are still not covered despite the new agreement.
Fitch Rates Intact Financial Corp.'s Insurer Financial Strength 'AA-'; Outlook Stable
Business Wire - Wed Sep 09, 1:32PM CDT
Fitch Ratings has assigned the following ratings to Intact Financial Corporation (Toronto: IFC) (Intact):
IFC.TO: 92.14 (-0.23)
IFC and Uber have entered into a cooperative agreement to develop tailored insurance products for the Canadian marketplace
CNW Group - Tue Sep 08, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) announced today that it has entered into a cooperative agreement to develop tailored insurance products with the popular ridesharing service Uber. The intention is to offer and market these products under IFC's two largest brands - Intact Insurance and belairdirect, Canada's digitally driven insurer. IFC is working closely with insurance regulators and different levels of government in provinces where the ridesharing service currently exists.
IFC.TO: 92.14 (-0.23)
Intact Financial Corporation reports second quarter results
CNW Group - Wed Jul 29, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended June 30, 2015 of $210 million, up $4 million compared to the corresponding quarter of last year. On a per share basis, net operating income increased to $1.56. The success of our profitability initiatives supported by firmer market conditions and favourable prior year claims development led to improved underwriting results, despite the prolonged winter conditions in Atlantic Canada. Overall, the combined ratio of 91.6% was 1.3 percentage points better than the same quarter last year. Net income of $199 million declined this quarter as improved net operating income was offset by lower capital market returns and a higher effective tax rate than a year ago. Direct premiums written grew 6% on an underlying basis to $2.3 billion. The operating ROE for the last 12 months was 16.8%, while maintaining $564 million in excess capital at quarter end, following the all-cash acquisition of CDI in early May.
IFC.TO: 92.14 (-0.23)
Media Advisory - Intact Financial Corporation to release 2015 second quarter results on July 29
CNW Group - Wed Jul 22, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2015 second quarter results on Wednesday, July 29, 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: 92.14 (-0.23)
Manulife: Cream Of The Crop In Canadian Finance
Jack Sadler - Seeking Alpha - Mon Jun 01, 12:36PM CDT
Manulife Financial Corp ( MFC ) (TSE: MFC ) Note: All values are in Canadian Dollars Key Metrics Figure 1: Table is my own, data supplied by Yahoo! Finance, Thomson Reuters and Bloomberg Business Description Manulife is a financial...
MFC: 15.37 (-0.15), SLF: 32.09 (+0.05)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 22.66 (-0.32), IFC.TO: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 22.66 (-0.32)
UberX service: Quebec brokers sound the alarm
CNW Group - Thu Sep 10, 2:00PM CDT
Following the announcement of a cooperation agreement between Intact Financial Corporation and Uber, brokers are warning UberX users that they are still not covered despite the new agreement.
Fitch Rates Intact Financial Corp.'s Insurer Financial Strength 'AA-'; Outlook Stable
Business Wire - Wed Sep 09, 1:32PM CDT
Fitch Ratings has assigned the following ratings to Intact Financial Corporation (Toronto: IFC) (Intact):
IFC.TO: 92.14 (-0.23)
IFC and Uber have entered into a cooperative agreement to develop tailored insurance products for the Canadian marketplace
CNW Group - Tue Sep 08, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) announced today that it has entered into a cooperative agreement to develop tailored insurance products with the popular ridesharing service Uber. The intention is to offer and market these products under IFC's two largest brands - Intact Insurance and belairdirect, Canada's digitally driven insurer. IFC is working closely with insurance regulators and different levels of government in provinces where the ridesharing service currently exists.
IFC.TO: 92.14 (-0.23)
Intact Financial Corporation reports second quarter results
CNW Group - Wed Jul 29, 5:55AM CDT
Intact Financial Corporation (TSX: IFC) today reported net operating income for the quarter ended June 30, 2015 of $210 million, up $4 million compared to the corresponding quarter of last year. On a per share basis, net operating income increased to $1.56. The success of our profitability initiatives supported by firmer market conditions and favourable prior year claims development led to improved underwriting results, despite the prolonged winter conditions in Atlantic Canada. Overall, the combined ratio of 91.6% was 1.3 percentage points better than the same quarter last year. Net income of $199 million declined this quarter as improved net operating income was offset by lower capital market returns and a higher effective tax rate than a year ago. Direct premiums written grew 6% on an underlying basis to $2.3 billion. The operating ROE for the last 12 months was 16.8%, while maintaining $564 million in excess capital at quarter end, following the all-cash acquisition of CDI in early May.
IFC.TO: 92.14 (-0.23)
Media Advisory - Intact Financial Corporation to release 2015 second quarter results on July 29
CNW Group - Wed Jul 22, 6:00AM CDT
Intact Financial Corporation (TSX: IFC) will announce its 2015 second quarter results on Wednesday, July 29, 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: 92.14 (-0.23)
Manulife: Cream Of The Crop In Canadian Finance
Jack Sadler - Seeking Alpha - Mon Jun 01, 12:36PM CDT
Manulife Financial Corp ( MFC ) (TSE: MFC ) Note: All values are in Canadian Dollars Key Metrics Figure 1: Table is my own, data supplied by Yahoo! Finance, Thomson Reuters and Bloomberg Business Description Manulife is a financial...
MFC: 15.37 (-0.15), SLF: 32.09 (+0.05)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 22.66 (-0.32), IFC.TO: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 92.14 (-0.23)
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: 22.66 (-0.32)
