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Each of our businesses is managed by an experienced team of specialty insurance professionals focused on a specific customer group or industry segment. We have more than 20 specialized solutions which include: accident and health; commercial and contract surety; entertainment; environmental; excess property; financial institutions; financial services; inland marine for transportation, construction, fine arts and more; management liability including financial and professional lines; ocean marine; technology; and tuition refund.

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Hear from our Industry Experts.
Published Articles
July 1, 2021

Bank jugging is a term used to describe a scenario where a robber waits in the parking lot or other area near the bank and observes customers going in and out of the bank location. They look for customers who exit the bank with a deposit bag or a thick cash envelope. Branch lobby entrances, in-store teller lines, drive throughs, and ATMs are prime locations for this to occur. The customer is followed by the jugger to their next destination, whether it be to the grocery store, gym or home. The jugger will then take the opportunity to either break into their vehicle or rob them directly.

In our latest News from the Vault article, Craig Collins of Intact Financial Services shares ways to identitify a potential jugger and safety tips. Click the link to read the complete article.

News Release
June 1, 2021

TORONTO, June 1, 2021 /CNW/ -

Building a Leading P&C Insurer

  • Expands our leadership position in Canada with a broader customer offering
  • Bolsters our leading specialty lines platform and brings international expertise
  • Entry into the U.K. and Ireland at scale with a strong and seasoned team
  • Increases investment in our core capabilities to strengthen our outperformance
  • High single digit NOIPS accretion expected in the first 12 months, increasing to upper teens within 36 months
  • Maintaining mid-teens OROE target and BVPS to increase by over 20% at close
  • Strong total capital margin at over $2 billion following close and debt-to-capital ratio expected to reach 20% within 36 months
News Release
May 21, 2021

TORONTO, May 20, 2021 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced its new Operating Committee in anticipation of closing of the acquisition of RSA Insurance Group plc (the "Acquisition"). These appointments will be effective upon completion of the Acquisition, which is expected on June 1, 2021.

News Release
May 11, 2021

Highlights

  • Net operating income per share up 49% to $2.40 and OROE of 19.0%, driven by strong underwriting performance and distribution results
  • Premiums grew 1% impacted by an additional $75 million of COVID-19 related relief for personal auto customers
  • Combined ratio of 89.3% was strong, with Canada at 88.2% and the U.S. at 96.3%, which included 7.6 points of weather-related catastrophe losses in the U.S.
  • EPS of $3.51 for the quarter and BVPS up 20% year-over-year to $62.19, driven by strong operating results and investment gains
  • Integration and transition planning with the RSA team is progressing well; all financing is secured, and closing is expected on June 1, 2021