Aankondiging • Aug 12
Intact Financial Corporation announced that it expects to receive CAD 250 million in funding Intact Financial Corporation announced a private placement of series 3 Limited Recourse Capital Notes for gross proceeds of CAD 250 million August 10, 2026. The transaction included participation from accredited investors in Canada. The series 3 notes bear an interest rate of 6.133% until maturity on September 30, 2086. The notes are direct unsecured obligations of company and will be subordinated to all senior indebtedness of company and effectively subordinated to all indebtedness and obligations of company's subsidiaries. Declared Dividend • Aug 04
Second quarter dividend of CA$1.47 announced Shareholders will receive a dividend of CA$1.47. Ex-date: 15th September 2026 Payment date: 29th September 2026 Dividend yield will be 2.4%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 2.5% over the next 3 years. However, it would need to fall by 65% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jul 30
Second quarter 2026 earnings released: EPS: CA$3.91 (vs CA$4.71 in 2Q 2025) Second quarter 2026 results: EPS: CA$3.91 (down from CA$4.71 in 2Q 2025). Revenue: CA$6.60b (up 3.7% from 2Q 2025). Net income: CA$690.0m (down 18% from 2Q 2025). Profit margin: 11% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 29
Intact Financial Corporation Approves Quarterly Dividend, Payable on September 29, 2026 Intact Financial Corporation approved the quarterly dividend of $1.47 per share on the Company's outstanding common shares. The common share dividends are payable on September 29, 2026, to shareholders of record on September 15, 2026. Recent Insider Transactions • Jun 14
Corporate Director recently sold €2.3m worth of stock On the 11th of June, Timothy Miller sold around 18k shares on-market at roughly €126 per share. This transaction amounted to 64% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.5m more than they bought in the last 12 months. Upcoming Dividend • Jun 09
Upcoming dividend of CA$1.47 per share Eligible shareholders must have bought the stock before 16 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.7%). Declared Dividend • May 21
First quarter dividend of CA$1.47 announced Shareholders will receive a dividend of CA$1.47. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.4%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 11% over the next 3 years. However, it would need to fall by 68% to increase the payout ratio to a potentially unsustainable range. Aankondiging • May 08
Intact Financial Corporation Approves Quarterly Dividend, Payable on June 30, 2026 The Board of Directors of Intact Financial Corporation approved the quarterly dividend of $1.47 per share on the Company's outstanding common shares. The common share dividends are payable on June 30, 2026, to shareholders of record on June 16, 2026. Aankondiging • Apr 21
Intact Financial Corporation to Report Q1, 2026 Results on May 05, 2026 Intact Financial Corporation announced that they will report Q1, 2026 results After-Market on May 05, 2026 Aankondiging • Feb 17
Intact Financial Corporation, Annual General Meeting, May 06, 2026 Intact Financial Corporation, Annual General Meeting, May 06, 2026. Aankondiging • Feb 13
Intact Financial Corporation announced that it expects to receive CAD 500 million in funding Intact Financial Corporation announced a private placement of series 17 unsecured medium term notes for gross proceeds of CAD 250 million and Series 2 Limited Recourse Capital Notes for gross proceeds of CAD 250 million for aggregate gross proceeds of CAD 500 million on February 12, 2026. The transaction included participation from accredited investors in Canada. The series 17 notes bear an interest rate of 3.784% until maturity on February 28, 2038 and Series 2 notes bear an interest rate of 5.642% until maturity on March 31, 2086. The notes are direct unsecured obligations of Intact and rank equally with all other unsecured and unsubordinated indebtedness of the company. Aankondiging • Feb 11
Intact Financial Corporation Announces Quarterly Dividend on Outstanding Common Shares, Payable on March 31, 2026 Intact Financial Corporation announced that the Board of Directors approved the quarterly dividend of $1.47 per share on the Company's outstanding common shares. The common share dividends are payable on March 31, 2026, to shareholders of record on March 17, 2026. This represents a $0.14 increase and marks the 21st consecutive annual increase in the common share dividend since the IPO in 2004. Aankondiging • Jan 27
Intact Financial Corporation to Report Q4, 2025 Results on Feb 10, 2026 Intact Financial Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 10, 2026 Aankondiging • Nov 05
Intact Financial Corporation Approves Quarterly Dividend on Outstanding Common Shares, Payable on December 31, 2025 The Board of Directors of Intact Financial Corporation approved the quarterly dividend of $1.33 per share on the Company's outstanding common shares. The common share dividends are payable on December 31, 2025, to shareholders of record on December 17, 2025. Aankondiging • Oct 21
Intact Financial Corporation to Report Q3, 2025 Results on Nov 04, 2025 Intact Financial Corporation announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Aankondiging • Jul 30
Intact Financial Corporation Approves Quarterly Dividend , Payable on September 29,2025 Intact Financial Corporation approved the quarterly dividend of $1.33 per share on the Company's outstanding common shares. The common share dividends are payable on September 29, 2025, to shareholders of record on September 15, 2025. Aankondiging • Jul 15
Intact Financial Corporation to Report Q2, 2025 Results on Jul 29, 2025 Intact Financial Corporation announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Aankondiging • May 07
Intact Financial Corporation Approves the Quarterly Dividend, Payable on June 30, 2025 Intact Financial Corporation Board of Directors approved the quarterly dividend of $1.33 per share on the Company's outstanding common shares. The common share dividends are payable on June 30, 2025, to shareholders of record on June 16, 2025. Aankondiging • Apr 23
Intact Financial Corporation to Report Q1, 2025 Results on May 06, 2025 Intact Financial Corporation announced that they will report Q1, 2025 results After-Market on May 06, 2025 Aankondiging • Feb 18
Intact Financial Corporation, Annual General Meeting, May 07, 2025 Intact Financial Corporation, Annual General Meeting, May 07, 2025. Aankondiging • Feb 13
Intact Financial Corporation Approves the Quarterly Dividend, Payable on March 31, 2025 The Board of Directors of Intact Financial Corporation approved the quarterly dividend of $1.33 per share on the Company's outstanding common shares. The common share dividends are payable on March 31, 2025, to shareholders of record on March 14, 2025. Aankondiging • Jan 28
Intact Financial Corporation to Report Q4, 2024 Results on Feb 11, 2025 Intact Financial Corporation announced that they will report Q4, 2024 results After-Market on Feb 11, 2025 Aankondiging • Jan 23
Intact Financial Corporation Announces Transition in Global Specialty Lines Leadership Intact Financial Corporation announced that T. Michael Miller will retire from his current role as Chief Executive Officer (CEO), Global Specialty Lines (GSL), effective March 31, 2025. He will remain with the organization serving as Chairman, Global Specialty Lines and the IFC board will also be appointing and welcoming him as a Director of IFC following his retirement. Mr. Miller's retirement follows a successful 44-year career in the property and casualty (P&C) industry, including thirteen years at OneBeacon Insurance and the last seven years at Intact, which acquired OneBeacon in 2017. Under Mr. Miller's leadership, the company's specialty platform has more than tripled in size, growing from $2 billion in premiums primarily in North America to over $6 billion with global operations which now include the UK and Europe, and access to 150 territories through its Global Network. Mr. Miller also delivered meaningful profitability improvements through progress in pricing and underwriting sophistication. Emmanuel Clarke, currently serving as IFC Corporate Director and Chairman of IFC's GSL Advisory Board, will succeed Mr. Miller as CEO GSL and will concurrently step down from the board. Mr. Clarke has had a long and established career in the insurance sector, having spent more than 25 years at PartnerRe, a leading global reinsurer, where he served as President & CEO from 2015 to 2020. In recent years he has served on several insurance-related corporate boards advising executives, investors, and founders on how best to accelerate growth across the insurance value chain. Aankondiging • Nov 21
Intact Financial Corporation Announces Chief Financial Officer Changes Intact Financial Corporation announced that Louis Marcotte will step down as Chief Financial Officer (CFO) after the fourth quarter of 2024 earnings are released on February 13, 2025. He will remain with the organization serving as IFC Vice Chair and, in that role, his main mandate will be to support the development of the European operations within Global Specialty Lines. Mr. Marcotte played a key role in effectively communicating IFC's story to investors and this was recognized three times by Brendan Wood as one of Canada's Top Gun CFOs. Over time, Mr. Marcotte built an outstanding Finance team which is widely recognized for excellence in reporting and investor relations. Ken Anderson, currently Chief Financial Officer for RSA UK & Ireland, will succeed Mr. Marcotte as Executive Vice President and Chief Financial Officer. Continuing his successful 17-year career with Intact, Mr. Anderson brings to the role a wealth of experience in treasury, corporate development, investor relations, and financial reporting. Among his achievements is the integral role he played in the structuring and coordination of the RSA acquisition, Intact's largest transaction to date. Aankondiging • Nov 20
Intact Financial Corporation Announces Executive Vice President Changes Intact Financial Corporation announced that Louis Marcotte will step down as Executive Vice President after the fourth quarter of 2024 earnings are released on February 13, 2025. He will remain with the organization serving as IFC Vice Chair and, in that role, his main mandate will be to support the development of European operations within Global Specialty Lines. Mr. Marcotte played a key role in effectively communicating IFC's story to investors and this was recognized three times by Brendan Wood as one of Canada's Top Gun CFOs. Over time, Mr. Marcotte built an outstanding Finance team which is widely recognized for excellence in reporting and investor relations. Ken Anderson, currently Executive Vice President for RSA UK & Ireland, will succeed Mr. Marcotte as Executive Vice President and Chief Financial Officer. Continuing his successful 17-year career with Intact, Mr. Anderson brings to the role a wealth of experience in treasury, corporate development, investor relations, and financial reporting. Among his achievements is the integral role he played in the structuring and coordination of the RSA acquisition, Intact's large transaction to date. Aankondiging • Nov 14
Intact Financial Corporation (TSX:IFC) acquired Jiffy Inc. Intact Financial Corporation (TSX:IFC) acquired Jiffy Inc. on November 14, 2024.
Intact Financial Corporation (TSX:IFC) completed the acquisition of Jiffy Inc. on November 14, 2024. Aankondiging • Nov 06
Intact Financial Corporation Approves Quarterly Dividend on Common Shares, Payable on December 31, 2024 Intact Financial Corporation announced Board of Directors approved the quarterly dividend of $1.21 per share on the Company's outstanding common shares. The dividends are payable on December 31, 2024, to shareholders of record on December 16, 2024. Aankondiging • Oct 22
Intact Financial Corporation to Report Q3, 2024 Results on Nov 05, 2024 Intact Financial Corporation announced that they will report Q3, 2024 results After-Market on Nov 05, 2024 Aankondiging • Oct 11
Intact Financial Corporation Provides Earnings Guidance for the Third Quarter of 2024 Intact Financial Corporation provided earnings guidance for the third quarter of 2024. For the quarter, the company estimates that total catastrophe losses1 for the quarter were approximately $1.2 billion on a pre-tax basis and net of reinsurance ($5.03 per diluted share after-tax). This includes the previously disclosed estimate of $1.1 billion in weather-related losses provided on August 21, in relation to 4 severe events in Canada, namely torrential rains in Southern Ontario, wildfires in Jasper, hailstorm in Calgary and flooding in Québec. Upcoming Dividend • Sep 06
Upcoming dividend of CA$1.21 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.9%). Declared Dividend • Aug 05
Second quarter dividend of CA$1.21 announced Shareholders will receive a dividend of CA$1.21. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Aug 02
Intact Financial Corporation Approves the Quarterly Dividend Payable on September 27, 2024 Intact Financial Corporation announced that Board of Directors approved the quarterly dividend of $1.21 per share on the Company's outstanding common shares. The dividends are payable on September 27, 2024, to shareholders of record on September 13, 2024. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: CA$4.05 (vs CA$1.31 in 2Q 2023) Second quarter 2024 results: EPS: CA$4.05 (up from CA$1.31 in 2Q 2023). Revenue: CA$6.13b (up 11% from 2Q 2023). Net income: CA$750.0m (up 228% from 2Q 2023). Profit margin: 12% (up from 4.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 6.1%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Aankondiging • Jul 16
Intact Financial Corporation to Report Q2, 2024 Results on Jul 30, 2024 Intact Financial Corporation announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Upcoming Dividend • Jun 07
Upcoming dividend of CA$1.21 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.2%). Recent Insider Transactions • May 15
Executive VP & CFO recently sold €1.0m worth of stock On the 10th of May, Louis Marcotte sold around 7k shares on-market at roughly €155 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.4m. This was Louis' only on-market trade for the last 12 months. Recent Insider Transactions • May 15
Executive VP & CFO recently sold €1.0m worth of stock On the 10th of May, Louis Marcotte sold around 7k shares on-market at roughly €155 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.4m. This was Louis' only on-market trade for the last 12 months. Declared Dividend • May 12
First quarter dividend of CA$1.21 announced Shareholders will receive a dividend of CA$1.21. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 71% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 09
Intact Financial Corporation Approves Quarterly Dividend on the Company's Outstanding Common Shares, Payable on June 28, 2024 Intact Financial Corporation approved the quarterly dividend of $1.21 per share on the Company's outstanding common shares. The dividends are payable on June 28, 2024, to shareholders of record on June 14, 2024. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: CA$3.78 (vs CA$2.06 in 1Q 2023) First quarter 2024 results: EPS: CA$3.78 (up from CA$2.06 in 1Q 2023). Revenue: CA$7.27b (up 27% from 1Q 2023). Net income: CA$673.0m (up 86% from 1Q 2023). Profit margin: 9.3% (up from 6.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 8.7% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.5%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Aankondiging • Apr 23
Intact Financial Corporation to Report Q1, 2024 Results on May 07, 2024 Intact Financial Corporation announced that they will report Q1, 2024 results After-Market on May 07, 2024 Upcoming Dividend • Mar 07
Upcoming dividend of CA$1.21 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 29 March 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.6%). Declared Dividend • Feb 19
Third quarter dividend of CA$1.21 announced Shareholders will receive a dividend of CA$1.21. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 88% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Feb 18
Insider recently sold €1.1m worth of stock On the 15th of February, Benoit Morissette sold around 7k shares on-market at roughly €156 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €12m more than they bought in the last 12 months. Aankondiging • Feb 17
Intact Financial Corporation, Annual General Meeting, May 08, 2024 Intact Financial Corporation, Annual General Meeting, May 08, 2024. Aankondiging • Feb 15
Intact Financial Corporation Approves Quarterly Dividend, Payable on March 29, 2024 Intact Financial Corporation approved the quarterly dividend of $1.21 per share on the Company's outstanding common shares. The common share dividends are payable on March 29, 2024, to shareholders of record on March 15, 2024. This represents a $0.11 increase and marks the 19th consecutive annual increase in common share dividend since IPO in 2004. Aankondiging • Jan 30
Intact Financial Corporation to Report Q4, 2023 Results on Feb 13, 2024 Intact Financial Corporation announced that they will report Q4, 2023 results After-Market on Feb 13, 2024 Aankondiging • Dec 15
Intact Financial Corporation Appoints Anne Fortin as President, Intact Insurance, Effective January 1, 2024 Intact Financial Corporation announced that Anne Fortin has been appointed President, Intact Insurance, effective January 1, 2024. In this role, Anne will have responsibility for Quebec, West, Ontario, and Atlantic divisions of Intact Insurance, providing second to none service to brokers and customers across Canada. Anne will report to Louis Gagnon, CEO, IFC Canada. Since 2021, Anne has been Executive Vice President, Direct Distribution and Chief Marketing and Communications Officer, overseeing all direct-to consumer operations of Intact Financial in Canada and global marketing and communications functions. She joined Intact in 2011 as Deputy Senior Vice President of Marketing, Direct Distribution and held progressively senior positions in the Direct Distribution business. In 2018 Anne was appointed Senior Vice President, Direct Distribution and in 2019 she added Chief Marketing Officer for national marketing operations to her responsibilities. Prior to joining Intact Anne was Vice President and Managing Director of the Montreal office of FCB, one of the world's largest networks of advertising and marketing communications agencies. Upcoming Dividend • Dec 07
Upcoming dividend of CA$1.10 per share at 2.1% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (3.8%). Aankondiging • Nov 09
Intact Financial Corporation Approves the Quarterly Dividend, Payable on December 29, 2023 The Board of Directors of Intact Financial Corporation approved the quarterly dividend to $1.10 per share on the Company's outstanding common shares. The dividends are payable on December 29, 2023, to shareholders of record on December 15, 2023. Aankondiging • Oct 24
Intact Financial Corporation to Report Q3, 2023 Results on Nov 07, 2023 Intact Financial Corporation announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Aankondiging • Sep 01
Intact Financial Corporation Estimates Catastrophe Losses Incurred to Date in the Third Quarter of 2023 from Wildfires and Other Weather Events Intact Financial Corporation estimated catastrophe losses incurred to date in the third quarter of 2023 from wildfires and other weather events. The company estimates catastrophe losses amount to approximately $570 million pre-tax, or $2.40 per share. These estimated losses relate to a number of events in July 2023 and August 2023, none of which met the threshold for reinsurance under the company’s catastrophe reinsurance treaties. Given that the wildfires are still active, actual losses may differ from this estimate. The company will issue an update in early October 2023 if catastrophe losses increase materially by the end of the quarter. Aankondiging • Aug 04
Intact Financial Corporation Approves Quarterly Dividend, Payable on September 29, 2023 The Board of Directors of Intact Financial Corporation approved the quarterly dividend to $1.10 per share on the company's outstanding common shares. The dividends are payable on September 29, 2023, to shareholders of record on September 15, 2023. New Risk • Aug 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.2% net profit margin). Significant insider selling over the past 3 months (€1.8m sold). Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: CA$1.44 (vs CA$6.64 in 2Q 2022) Second quarter 2023 results: EPS: CA$1.44 (down from CA$6.64 in 2Q 2022). Revenue: CA$6.04b (up 11% from 2Q 2022). Net income: CA$252.0m (down 78% from 2Q 2022). Profit margin: 4.2% (down from 22% in 2Q 2022). Revenue is forecast to stay flat during the next 2 years compared to a 3.8% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: CA$1.44 (vs CA$6.64 in 2Q 2022) Second quarter 2023 results: EPS: CA$1.44 (down from CA$6.64 in 2Q 2022). Revenue: CA$6.04b (up 11% from 2Q 2022). Net income: CA$252.0m (down 78% from 2Q 2022). Profit margin: 4.2% (down from 22% in 2Q 2022). Revenue is forecast to stay flat during the next 2 years compared to a 3.8% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 18
Intact Financial Corporation to Report Q2, 2023 Results on Aug 02, 2023 Intact Financial Corporation announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Aankondiging • Jul 12
Intact Financial Corporation Announces Estimated Catastrophe Loss for the Second Quarter of 2023 Intact Financial Corporation announced estimated catastrophe loss for the second quarter of 2023. For the quarter, estimated catastrophe losses are approximately $421 million on a pre-tax basis net of reinsurance ($1.79 per share after-tax). Upcoming Dividend • Jun 07
Upcoming dividend of CA$1.10 per share at 2.2% yield Eligible shareholders must have bought the stock before 14 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.4%). Aankondiging • May 11
Intact Financial Corporation Approves Quarterly Dividend, Payable on June 30, 2023 Intact Financial Corporation approved the quarterly dividend to $1.10 per share on the Company's outstanding common shares. The dividends are payable on June 30, 2023, to shareholders of record on June 15, 2023. Aankondiging • Feb 08
Intact Financial Corporation Approves Quarterly Dividend Intact Financial Corporation Board of Directors approved a $0.10 per share increase in the quarterly dividend to $1.10 per share on the Company's outstanding common shares. This represents a 10% increase and marks the 18th consecutive annual increase in common share dividend since IPO in 2004. Aankondiging • Jan 27
Intact Financial Corporation to Report Q4, 2022 Results on Feb 07, 2023 Intact Financial Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2023 Aankondiging • Jan 13
Intact Financial Corporation Provides Earnings Guidance for the Fourth Quarter of 2022 Intact Financial Corporation provided earnings guidance for the fourth quarter of 2022. For the quarter, the company estimated catastrophe losses for the fourth quarter of 2022 of approximately $143 million on a pre-tax basis ($0.63 per share after-tax). Executive Departure • Jun 01
Executive VP & COO has left the company On the 31st of May, Mathieu Lamy's tenure as Executive VP & COO ended after 3.4 years in the role. As of March 2021, Mathieu personally held 19.12k shares (€2.0m worth at the time). A total of 2 executives have left over the last 12 months. Recent Insider Transactions • May 24
Insider recently sold €87k worth of stock On the 21st of May, Lucie Martel sold around 800 shares on-market at roughly €109 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €495k more than they bought in the last 12 months. Executive Departure • May 15
Independent Director has left the company On the 12th of May, Carol Stephenson's tenure as Independent Director ended after 16.4 years in the role. As of December 2020, Carol personally held 8.37k shares (€804k worth at the time). Carol is the only executive to leave the company over the last 12 months. Reported Earnings • May 13
First quarter 2021 earnings released: EPS CA$3.59 (vs CA$0.66 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$3.18b (up 6.1% from 1Q 2020). Net income: CA$514.0m (up 441% from 1Q 2020). Profit margin: 16% (up from 3.2% in 1Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 21% per year. Recent Insider Transactions • Mar 11
Insider recently sold €61k worth of stock On the 9th of March, Lucie Martel sold around 600 shares on-market at roughly €102 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €408k more than they bought in the last 12 months. Recent Insider Transactions • Feb 14
Insider recently sold €58k worth of stock On the 11th of February, Lucie Martel sold around 600 shares on-market at roughly €97.32 per share. In the last 3 months, they made an even bigger sale worth €67k. Insiders have been net sellers, collectively disposing of €549k more than they bought in the last 12 months. Reported Earnings • Feb 11
Full year 2020 earnings released: EPS CA$7.20 (vs CA$5.08 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$12.5b (up 10% from FY 2019). Net income: CA$1.03b (up 45% from FY 2019). Profit margin: 8.3% (up from 6.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. 
