Intact Financial Corporation reports Q1-2019 Results

May 7, 2019

Charles Brindamour, Chief Executive Officer, said: "Our teams worked hard this past quarter to get our customers back on track following an unusually severe winter. Our underlying performance has improved in all lines of business, particularly in personal auto. In U.S. commercial, our action plans continue to deliver as expected. In 2018, our ROE outperformance versus the industry grew to 890 basis points. With hardening market conditions, we expect our ROE to improve and the outperformance gap to remain wide in 2019. We are also well positioned to capture growth opportunities in this environment."

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Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC. Coverages may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company, a New York insurer; Homeland Insurance Company of New York, a New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer; OBI America Insurance Company, a Pennsylvania insurer; or OBI National Insurance Company, a Pennsylvania insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441. This material is intended as a general description of certain types of insurance coverages and services. Coverages and availability vary by state; exclusions and deductibles may apply. Please refer to your insurance policy or consult with your independent insurance advisor for information about coverages, terms and conditions. Some coverage may be written by a surplus lines insurer through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.