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Leading home and auto insurer joins NSL as Founding Partner in Canada
TORONTO, March 5, 2025 /CNW/ - Intact Financial Corporation and the Northern Super League (NSL) announced today that Intact Insurance is becoming a Founding Partner of the NSL, Canada's first professional women's soccer league. This marks Intact's second major sponsorship supporting the growth of professional women's sports in Canada, following its recently announced partnership with the Professional Women's Hockey League (PWHL).
TORONTO, Feb. 18, 2025 /CNW/ - Charles Brindamour, Chief Executive Officer of Intact Financial Corporation (TSX: IFC), will join CIBC Capital Markets Analyst, Paul Holden in a virtual fireside chat to discuss the company's 2024 fourth quarter results, on Wednesday, February 19, 2025 at 10:00 AM ET.
A link to access the webcast replay will be available following the event in the Events and Presentations section of Intact Financial Corporation's website. The video replay will be archived for 90 days.
(in Canadian dollars except as otherwise noted)
TORONTO, Feb. 11, 2025 /CNW/ - (TSX: IFC)
Highlights
Operating DPW1,2 grew 5%, led by continued momentum in Personal linesCombined ratio1 was strong at 86.5%, mainly due to solid underlying results across all geographies and lines of businessNet operating income per share1 rose 23% to $4.93, with robust underwriting results, as well as investment and distribution income increasing by 6% and 13%, respectivelyBVPS1 up 13% from last year to $92.67, reflecting EPS of $12.36 for 2024 and the overall strength of our platformSolid operating ROE1 at 16.5% (ROE1 of 14.2%) and a strong balance sheet with $2.9 billion of total capital margin1Quarterly dividend increased by $0.12 to $1.33 per common share, representing a 10-year compounded annual growth rate of 10%TORONTO, Jan. 27, 2025 /CNW/ - Intact Financial Corporation (TSX: IFC) will release its 2024 fourth quarter results after the market closes on Tuesday, February 11, 2025.
The company will hold its 2024 fourth quarter earnings conference call for analysts and investors on Wednesday, February 12, 2025 at 11:00 a.m. ET.
Conference call participants will be:
Charles Brindamour (Chief Executive Officer);Louis Marcotte (Executive Vice President and Chief Financial Officer);Darren Godfrey (Executive Vice President and Chief Underwriting Officer for Global Specialty Lines);Patrick Barbeau (Chief Operating Officer);Guillaume Lamy (Senior Vice President, Personal Lines);Ken Anderson (Executive Vice President & Chief Financial Officer UK&I)TORONTO, Jan. 22, 2025 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced that T. Michael Miller will retire from his current role as Chief Executive Officer (CEO), Global Specialty Lines (GSL), effective March 31, 2025. He will remain with the organization serving as Chairman, Global Specialty Lines and the IFC board will also be appointing and welcoming him as a Director of IFC following his retirement. Mr. Miller's retirement follows a successful 44-year career in the property and casualty (P&C) industry, including thirteen years at OneBeacon Insurance and the last seven years at Intact, which acquired OneBeacon in 2017.
Surety brokers benefit from an upgraded online platform, which simplifies the process for quoting and purchasing bonds
PLYMOUTH, Minn., Jan. 14, 2025 /PRNewswire/ -- Intact Insurance Specialty Solutions announces enhancements to the functionality of its online bond platform in the U.S., Intact BondClick. Intact BondClick accelerates the process for brokers to purchase online surety bonds with minimal data entry.
The platform's new streamlined interface significantly improves processing and approval times, provides electronic indemnity execution, seamless data storage, and customized bond solutions. New features include:
Leading home and auto insurer joins PWHL as Founding Partner in Canada
TORONTO, Nov. 27, 2024 /CNW/ - Intact Financial Corporation and the Professional Women's Hockey League (PWHL) announced today that Intact Insurance is becoming a Founding Partner of the PWHL. As part of a multi-year agreement, Intact will be the official home and auto insurance partner of the PWHL in Canada, supporting the league's three Canadian teams – the Montréal Victoire, Ottawa Charge and Toronto Sceptres.
As the PWHL enters its second season, Intact is proud to be a leader in helping drive the league's growth. Intact will collaborate with the PWHL to expand access to games for underserved youth and create more opportunities for girls to play hockey. The partnership aligns with Intact's value of respect, which is founded on seeing diversity as a strength, being inclusive and fostering collaboration. The company has advanced its efforts to increase inclusion and gender parity as part of its corporate objective to ensure employees and leaders are representative of the communities they serve.
TORONTO, Nov. 21, 2024 /CNW/ - The Canadian Journalism Foundation (CJF), in partnership with the Solutions Journalism Network (SJN), present a free online workshop on Climate Solutions Journalism. The event takes place on Dec. 2, 2024 from noon to 1:00 p.m. EST. Thanks to the generous support of Intact Financial Corporation, this timely interactive webinar is open to journalists interested in broadening their approach to climate coverage through a solutions-oriented lens. Participation in this virtual event is free, but registration is required and spaces are limited.
TORONTO, Nov. 20, 2024 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced that Louis Marcotte will step down as Executive Vice President and Chief Financial Officer (CFO) after the Q4-2024 earnings are released on February 13, 2025. He will remain with the organization serving as IFC Vice Chair and, in that role, his main mandate will be to support the development of our European operations within Global Specialty Lines.
"I want to thank Louis for his dedicated service to Intact over the past 18 years and for his significant contributions to our strategy and growth. During his tenure as CFO, IFC's market cap tripled to $47 billion on the back of double-digit growth in operating earnings and nearly 700 bps of ROE outperformance," said Charles Brindamour, CEO, Intact Financial Corporation. "Louis was instrumental in the financing of all our acquisitions during his tenure and he kept our organization focused on financial performance and discipline, both of which helped IFC transform into a leading global P&C company. I am grateful he will continue to lend his leadership and expertise to IFC."
Intact and Jiffy to expand access to home maintenance services across Canada
TORONTO, Nov. 14, 2024 /CNW/ - Intact Financial Corporation (TSX: IFC) is pleased to announce that it has acquired Jiffy Inc. (Jiffy), Canada's No. 1 home maintenance app. Through this acquisition, Jiffy will have the platform and capabilities to accelerate expansion of its services across more Canadian jurisdictions while supporting Intact's goals of engaging three out of four Canadian customers digitally and providing a second-to-none customer experience.