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A $5 million combined donation establishes the Intact Health Resilience Initiative
MONTREAL, Nov. 12, 2024 /CNW/ - Intact Financial Corporation (TSX: IFC) announces a $5 million donation over five years to support the Intact Health Resilience Initiative, a flagship project at the heart of Canada's first Centre of Excellence in Infectious Diseases dedicated to mother-child health. This initiative will be led through a strategic partnership between Centre hospitalier universitaire (CHU) Sainte-Justine, one of the largest pediatric hospital centres in North America, and the Faculty of Medicine at the Université de Montréal (UdeM), one of the first francophone medical faculties in the world.
TORONTO, Nov. 11, 2024 /CNW/ - Charles Brindamour, Chief Executive Officer of Intact Financial Corporation (TSX: IFC), will join BMO Capital Markets Analyst, Tom MacKinnon in a virtual fireside chat to discuss the company's 2024 third quarter results, on Tuesday, November 12, 2024 at 11:00 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.
MONTREAL, November 11, 2024 /CNW/ - On November 12th, Intact Financial Corporation will announce a significant commitment to support a new healthcare initiative, in partnership with CHU Sainte-Justine and the University of Montreal.
Members of the media are invited to attend this event to learn more about this innovative partnership that brings together health, education, and insurance experts with a shared mission to strengthen health resilience for vulnerable populations.
The event will include opening remarks followed by a panel discussion featuring Charles Brindamour, CEO of Intact; Louis Gagnon, CEO of Intact Canada; Dr. Caroline Quach, Head of Infection Prevention and Control at CHU Sainte-Justine; and Frédérique Le Roux, Professor at the University of Montreal.
(in Canadian dollars except as otherwise noted)
TORONTO, Nov. 5, 2024 /CNW/ - (TSX: IFC)
Highlights
Organic operating DPW1,2 growth of 6%, excluding acquisitions and exits, led by continued momentum in Personal linesCombined ratio1 of 103.9% included 22 points of catastrophe losses, offsetting otherwise strong underlying performances across all geographiesNet operating income per share1 was $1.01 (and EPS of $1.06), despite $5.03 of catastrophe losses, with double-digit growth in investment and distribution incomeOperating ROE1 remained strong at 15.8% over the last 12 months, up 4 points year-over-year, with BVPS1 of $90.60, up 3% sequentially, despite the unusually challenging operating environment Strong and resilient balance sheet with $2.6 billion of total capital margin1 and an adjusted debt-to-total capital ratio1 of 20.3%TORONTO, Oct. 21, 2024 /CNW/ - Intact Financial Corporation (TSX: IFC) will release its 2024 third quarter results after the market closes on Tuesday, November 5, 2024.
The company will hold its 2024 third quarter earnings conference call for analysts and investors on Wednesday, November 6, 2024 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, Oct. 10, 2024 /CNW/ - Intact Financial Corporation (TSX: IFC) today provided an update to the market regarding catastrophe events in the third quarter of 2024.
The company estimates that total catastrophe losses1 for the quarter were approximately $1.2 billion on a pre-tax basis and net of reinsurance ($5.03 per diluted share after-tax). This includes the previously disclosed estimate of $1.1 billion in weather-related losses provided on August 21, in relation to 4 severe events in Canada, namely torrential rains in Southern Ontario, wildfires in Jasper, hailstorm in Calgary and flooding in Québec.
belairdirect shares tips on how to protect your home this fire prevention week
TORONTO, Oct. 9, 2024 /CNW/ - According to a new survey by belairdirect, Canadians are doing a lot to protect their homes, including installing smoke detectors (92 per cent) and cleaning their dryer lint traps (86 per cent), but half say we could be doing more to mitigate fire risks according to a new survey by belairdirect. In fact, many (41 per cent) admit there are likely fire risks in our homes that they are not paying enough attention to.
Intact invests $2.25 million over five years to create cybersecurity hub
MONTREAL, Oct. 2, 2024 /CNW/ - Intact Financial Corporation (TSX: IFC) is pleased to announce a $2.25 million investment over five years to support the creation of the Intact Cybersecurity Hub – a cybersecurity expertise centre at the Université de Sherbrooke in Quebec. Through the partnership, Intact is leading the way in investing in research, training and public education to help society become more cyber and digitally resilient.
TORONTO, Sept. 25, 2024 /CNW/ - Louis Marcotte, Executive Vice President and Chief Financial Officer of Intact Financial Corporation (TSX: IFC), will participate in a fireside chat as a part of the 23rd annual CIBC Eastern Institutional Investor Conference on Thursday, September 26, 2024 at 10:30 AM ET.
Following the event, a link to access the webcast replay will be available in the Events and Presentations section of Intact Financial Corporation's website. The replay will be archived for 90 days.
TORONTO, Sept. 9, 2024 /CNW/ - Intact Financial Corporation (TSX: IFC) is now accepting applications for its 2024 Municipal Climate Resiliency Grants program. Intact has doubled its investment in this program to $2 million dollars over two years, supporting municipalities and communities across Canada develop and implement practical solutions to mitigate the future impacts of flooding and wildfire.