Intact Financial Corporation reports Q1-2020 results and provides COVID-19 update

May 6, 2020

TORONTO, May 5, 2020 /CNW/ - Charles Brindamour, Chief Executive Officer, said: "Dealing with the COVID-19 crisis is our number one priority and our teams are working around the clock to be responsive to our customers and communities. Despite COVID-19 related losses, our financial performance remains on track, our capital position is solid and I'm confident in the resilience of our business. We are prepared to operate our business remotely for an extended period if necessary. We also believe it is important for businesses and government to now work together to develop a plan for a gradual, risk-based return to work in the coming weeks."

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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.