|Bid||142.75 x 0|
|Ask||142.98 x 0|
|Day's Range||142.69 - 143.75|
|52 Week Range||102.17 - 146.46|
|Beta (5Y Monthly)||0.44|
|PE Ratio (TTM)||27.87|
|Forward Dividend & Yield||3.04 (2.12%)|
|Ex-Dividend Date||Dec 11, 2019|
|1y Target Est||N/A|
TORONTO , Jan. 8, 2020 /CNW/ - Intact Financial Corporation (IFC.TO) today announced estimated catastrophe losses1 for the fourth quarter of 2019 of approximately $115 million on a pre-tax basis ( $0.60 per share after-tax). 1 For a definition of catastrophe losses, please refer to the "Important notes" section on page 2 of our 2018 Annual Management's Discussion and Analysis. Intact Financial Corporation (IFC.TO) is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America , with over $10 billion in total annual premiums.
TORONTO , Dec. 18, 2019 /CNW/ - Intact Financial Corporation (IFC.TO) has invested $200,000 in Windmill Microlending's Community Bond Program to help skilled immigrants get the Canadian credentials they need to work in their field. This is Intact's first investment in the social ventures space aligned with its child poverty social responsibility focus. To help find new and creative solutions, Intact is investing in social ventures that target the root causes of child poverty in a non-traditional philanthropic way.
TORONTO , Dec. 5, 2019 /CNW/ - Intact Financial Corporation (IFC.TO) is pleased to announce it has been certified as a Kincentric 2019 Best Employer in Canada and in the United States . This year, as a result of being recognized in both countries, Intact also received the North America regional Best Employer certification. This is the fifth consecutive year that Intact has been recognized as a Best Employer in Canada and the first certification in the U.S.
TORONTO , Dec. 2, 2019 /CNW/ - Intact Financial Corporation (IFC.TO) announced that it has today completed the acquisition (the "Acquisition") of The Guarantee Company of North America ("The Guarantee") and Frank Cowan Company Limited ("Frank Cowan"), having received all required regulatory approvals. "Closing this transaction represents meaningful progress on our strategic objectives," said Charles Brindamour , Chief Executive Officer, Intact Financial Corporation. The acquisition is expected to generate a return on capital above IFC's internal threshold and be immediately accretive to net operating income per share (NOIPS) with low single-digit NOIPS accretion within 24 months after close.
Intact Financial's senior executive named one of Women's Executive Network Canada's Most Powerful Women for 2019
Media Advisory - Intact Financial Corporation to announce 2019 third quarter results on November 5, 2019 and hold earnings conference call the following day
TORONTO , Oct. 1, 2019 /CNW/ - Intact Financial Corporation (TSX:IFC) announced today that it has completed its acquisition of On Side Developments Ltd. (On Side Restoration) having received all required regulatory approvals. "We are pleased to announce the completion of the acquisition of On Side Restoration," said Charles Brindamour , CEO, Intact Financial Corporation. The acquisition provides immediate low single digit accretion to NOIPS, and mild accretion to ROE.
TORONTO , Sept. 19, 2019 /CNW/ - Intact Financial Corporation (IFC.TO) today announced upcoming changes to the roles and responsibilities of various members of the company's leadership team. Alain Lessard , Senior Vice President, Commercial Lines, will retire towards the end of the year after a successful career at Intact. Alain joined the company eight years ago through the AXA Canada acquisition.
TORONTO , Sept. 5, 2019 /CNW/ - Intact Financial Corporation (IFC.TO) today launched an enhanced digital proof of insurance (pink card) on the Intact Insurance and belairdirect apps. Customers will be able to get quick and easy access to their proof of insurance right on their smartphone locked screens.
Intact Financial Corporation's President of Canadian Operations Louis Gagnon to speak at the 2019 Scotiabank Financials Summit
TORONTO , Aug. 26, 2019 /CNW/ - Intact Financial Corporation (IFC.TO) ("IFC" or the "Company") announced today that it has closed its previously announced bought deal offering of approximately 3.83 million Subscription Receipts (the "Offering") underwritten by a syndicate of underwriters (the "Underwriters") led by TD Securities Inc. and CIBC Capital Markets, resulting in gross proceeds (including the over-allotment option proceeds) to IFC of approximately $461 million. IFC entered into an underwriting agreement dated August 19, 2019 with the Underwriters under which the Underwriters agreed to purchase from IFC and sell to the public in Canada and to qualified institutional buyers in accordance with Rule 144A of the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), 3.33 million Subscription Receipts at a price of $120.45 per Subscription Receipt for gross proceeds to IFC of approximately $401 million. The Underwriters have exercised their over-allotment option and purchased at closing an additional approximately 0.5 million Subscription Receipts at a price of $120.45 per Subscription Receipt for additional gross proceeds to IFC of approximately $60 million.
TORONTO , Aug. 15, 2019 /CNW/ - Intact Financial Corporation (IFC.TO) ("Intact" or the "Company") announced today that it has entered into an agreement with a group of underwriters, led by TD Securities Inc. and CIBC Capital Markets for the issuance of 3.3 million subscription receipts at a price of $120.45 per subscription receipt (less an underwriting fee) for gross proceeds of $401 million (the "Offering") pursuant to a bought deal public offering in Canada and to qualified institutional buyers in accordance with Rule 144A of the U.S. Securities Act of 1933, as amended ("the U.S. Securities Act"). Each subscription receipt will entitle the holder to receive one common share of Intact upon closing of the Acquisition (as defined below). Intact has also granted the underwriters the option to buy an additional 0.5 million subscription receipts exercisable at the Offering price for a period ending 30 days after the closing of the Offering for additional gross proceeds of up to approximately $60 million .
TORONTO , Aug. 15, 2019 /CNW/ - Intact Financial Corporation (IFC.TO) ("Intact" or the "Company") announced today that it has entered into a definitive agreement with Princeton Holdings Limited ("Princeton Holdings") to acquire The Guarantee Company of North America ("The Guarantee"), a specialty lines insurer in Canada and the U.S., and Frank Cowan Company Limited ("Frank Cowan"), a managing general agent ("MGA") focused on specialty insurance for a cash consideration of approximately $1 billion .
TORONTO , Aug. 6, 2019 /CNW/ - Intact Financial Corporation (TSX:IFC) and On Side Developments Ltd., the parent company of On Side Restoration ("On Side Restoration") today announced that they are joining forces to strengthen repair and restoration services for personal and commercial property claims customers across Canada . With this acquisition IFC will deepen its claims expertise and strengthen its supply chain network.
Intact Financial Corporation to announce 2019 second quarter results on July 30, 2019 and hold earnings conference call the following day
PLYMOUTH, Minn., July 9, 2019 /PRNewswire/ -- OneBeacon Insurance Group has recently awarded sixteen $2,000 college scholarships: eight to the children of OneBeacon employees and eight to children of ...