TORONTO, October 14, 2020 – Intact Financial Corporation (TSX: IFC) officially brings together its Canadian and U.S. specialty capabilities under a single brand: Intact Insurance Specialty Solutions. Unifying its specialty operations under one brand represents the full integration of this growing segment of Intact’s portfolio and its commitment to being a leader in the specialty lines marketplace.

Medicine plays a vital role in safeguarding public health throughout the world. Pharmaceutical companies develop medicines to treat and cure sickness and disease. However, despite these noble intentions, occasionally substances created for a specific therapeutic purpose become dangerous. Heroin, for example, was introduced in 1898 as a therapeutic drug but was later determined to be highly addictive, leading to significant abuse. Since then, numerous pharmaceuticals products developed for specific therapeutic uses have been proven to be moderately to highly addictive, resulting in overdoses and deaths.

Economic risks and exposures associated with mortgage portfolios have become more complex; so has protecting banks from losses. As a response to this, OneBeacon Financial Service has created a new policy to account for different types of losses that could impair mortgages, as well as certain exposures from originating and services loans.

Authored for South Dakota Banker by OneBeacon's Financial Services’ Betsy Good.

PLYMOUTH, Minn. September 16, 2020 /PR Newswire/ – OneBeacon Insurance Group, the brand for Intact Financial Corporation’s (TSX: IFC) U.S. insurance company subsidiaries, today announced that it has acquired the renewal rights to Brit Global Specialty USA’s admitted ‘First Dollar Package’ Public Entity portfolio. Additionally, Sharon Wright has joined OneBeacon and will lead the portfolio transition and expansion.

PLYMOUTH, Minn., Sept. 11, 2020 /PRNewswire/ -- OneBeacon Insurance Group, the brand for Intact Financial Corporation's (TSX: IFC) U.S. insurance company subsidiaries, today announced that it has acquired International Bond & Marine Brokerage, Ltd. ("IB&M"), a privately held brokerage specializing in the international trade markets. Through this transaction, OneBeacon expands its owned-brokerage assets and innovatively reshapes its customs bonds market offerings through an end-to-end risk management platform.

OneBeacon Insurance Group has recently awarded sixteen $3,000 college scholarships: eight to the children and grandchildren of OneBeacon and The Guarantee employees, and eight to children of the company’s distribution partners.

LAGUNA HILLS, CALIFORNIA, August 18, 2020 — Underscoring its commitment to provide insurance agents and their customers with the most comprehensive range of rental and staging coverages for every kind of live event, Take1 Insurance today announced a new strategic underwriting partnership with OneBeacon Entertainment, a member of OneBeacon Insurance Group.

Bradley York, President of Intact Public Entities, was recently quoted in an Independent Agent Magazine article on the evolving landscape for public entities.

COVID-19 Update

• Our focus remains on helping our employees, customers and communities through this crisis
• Since March we have provided over $350 million of relief, including premium reductions and payment flexibility, to over a million customers
• For the remainder of 2020 the crisis is expected to impact direct premiums written growth in the mid-single to low-double digit range, while underwriting performance is expected to be on track
• Our operations and service levels remain strong and we have begun a risk-based, voluntary return to the office strategy for our employees

Financial Results

• Net operating income per share up 63% to $2.35, with $0.64 per share of catastrophe losses
• Premium growth of 7% following the impact of relief measures and including The Guarantee Company of North America ("The Guarantee") acquisition. Integration remains on target.
• Strong underwriting performance across North America, with a combined ratio of 89.5%
• Balance sheet strength maintained with $1.7 billion of total capital margin and 22.1% debt-to-total-capital ratio
• BVPS of $53.95 increased 8% year-over-year on strong financial performance

Wherever we are in the economy cycle, the need for directors and officers liability insurance is a constant. This must-have policy, commonly called D&O, protects banks and individual directors and officers from alleged wrongful acts.

Read full article, including quotes from OneBeacon's Financial Services' Craig Collins.