Intact Insurance Specialty Solutions

Customers

Producers Careers Specialty Solutions Canada

Intact Financial Corporation reports Q1-2025 results

News Release

May 6, 2025

TORONTO, May 6, 2025 /CNW/ -

Highlights

Operating DPW1,2 grew 3%, attributable to continued momentum in Personal lines
Combined ratio1 was solid at 91.3%, remaining stable year-over-year despite 2.5 points of higher catastrophe losses
Net operating income per share1 increased 10% to $4.01 driven by solid underwriting results, as well as investment and distribution income increasing 9% and 17%, respectively
BVPS1 increased 4% sequentially and 13% year-over-year to $96.16, with solid EPS of $3.69 in the quarter
Operating ROE1 of 16.5% (ROE1 of 13.7%) with a strong and resilient balance sheet, including $3.1 billion of total capital margin1

Charles Brindamour, Chief Executive Officer, said:

"We had a strong start to 2025 across our business, with a solid underwriting performance and double-digit NOIPS growth. In the context of economic uncertainties, our organization is highly resilient and well-positioned to succeed. This is demonstrated through an operating ROE of 16.5% and book value per share growth of 13% year-over-year. We are on track to continue achieving our financial objectives to exceed the industry ROE by 500 basis points and grow NOIPS 10% annually over time, while also delivering on our promise to our customers, brokers, employees."

Read the full news release here>>

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; OBI National Insurance Company, a Pennsylvania insurer; or The Guarantee Company of North America USA, a Michigan insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America USA, which is located at One Towne Square, Southfield, MI 48076. 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.