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Hear from our Industry Experts.
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
News Release
May 5, 2021

Plymouth, Minn., May 5, 2021 -- Lee Barther has joined International Bond & Marine Brokerage, Ltd. ("IB&M"), a market-leading brokerage providing risk management solutions to the international trade industry, as Vice President of Operations. IB&M was acquired by Intact Insurance Specialty Solutions, a brand of Intact Financial Corporation (TSX: IFC), in September 2020. In this role, Barther will report to James Reiss, President of IB&M.

In the News
April 27, 2021

Patrick Hickey, Senior Underwriting Director at Intact Ocean Marine was recently quoted in an article by PropertyCasualty360. The article talks about container ship Ever Given's Suez Canal incident, and how similar events affect the marine cargo market.

Whitepaper
April 27, 2021

Mass timber construction is becoming more common place and accepted on larger structures throughout the United States. Its benefits including efficiency, stability, sustainability, and aesthetics have contractors, designers and project managers enthusiastic about the direction of construction. While this construction type may have many positive factors, there’s still risk that comes with it.