Loading...
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. The last earnings update was 9 days ago. More info.
7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
---|---|---|---|---|---|---|
Intact Financial (IFC) | -1.8% | 8% | 3.6% | 11.7% | 26.3% | 63.1% |
CA Insurance | 1.3% | 3.1% | -2% | -9.6% | 4% | 5.4% |
CA Market | -0.4% | 4.1% | 2.5% | -0.5% | 22.7% | 4.7% |
Below are the data sources, inputs and calculation used to determine the intrinsic value for Intact Financial.
Data Point | Source | Value |
---|---|---|
Valuation Model | Excess Returns Model | |
Stable EPS |
Weighted future Return on Equity estimates from 12 analysts.
= Stable Book Value * Return on Equity = CA$56.44 * 14.2% |
CA$8.01 |
Book Value of Equity per Share | Weighted future Book Value estimates from 13 analysts. | CA$56.44 |
Discount Rate (Cost of Equity) | See below | 8.4% |
Perpetual Growth Rate | 10-Year CA Government Bond Rate | 1.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
Data Point | Calculation/ Source | Result |
---|---|---|
Risk-Free Rate | 10-Year CA Govt Bond Rate | 1.9% |
Equity Risk Premium | S&P Global | 8.1% |
Insurance Unlevered Beta | Simply Wall St/ S&P Global | 0.59 |
Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.591 (1 + (1- 26.5%) (14.56%)) |
0.654 |
Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (0.8 * 8.05%) |
8.39% |
Discounted Cash Flow Calculation for TSX:IFC using Excess Returns Model Model
The calculations below outline how an intrinsic value for Intact Financial is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
Calculation | Result | |
---|---|---|
Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (14.2% – 8.39%) * CA$56.44) |
CA$3.27 |
Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= CA$3.27 / (8.39% - 1.95%) |
CA$50.82 |
Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= CA$56.44 + CA$50.82 |
CA$107.26 |
Calculation | Result | |
---|---|---|
Value per share (CAD) | From above. | CA$107.26 |
Current discount | Discount to share price of
CA$109.03
= -1 x (CA$109.03 - CA$107.26) / CA$107.26 |
-1.7% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Data Point | Source | Value |
---|---|---|
Earnings Per Share * | Company Filings (2018-12-31) in CAD | CA$4.79 |
TSX:IFC Share Price ** | TSX (2019-02-13) in CAD | CA$109.03 |
Canada Insurance Industry PE Ratio | Median Figure of 11 Publicly-Listed Insurance Companies | 10.07x |
Canada Market PE Ratio | Median Figure of 559 Publicly-Listed Companies | 14.43x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Intact Financial.
Calculation | Outcome | |
---|---|---|
PE Ratio | = TSX:IFC Share Price ÷ EPS (both in CAD) = 109.03 ÷ 4.79 |
22.75x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value |
---|---|---|
PE Ratio | See PE Ratio Section | 22.75x |
Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts |
16.6%per year |
Canada Insurance Industry PEG Ratio | Median Figure of 7 Publicly-Listed Insurance Companies | 1.15x |
Canada Market PEG Ratio | Median Figure of 262 Publicly-Listed Companies | 0.96x |
*Line of best fit is calculated by linear regression .
Calculation | Outcome | |
---|---|---|
PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 22.75x ÷ 16.6% |
1.37x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value |
---|---|---|
Book Value per Share | Company Filings (2018-12-31) in CAD | CA$48.73 |
TSX:IFC Share Price * | TSX (2019-02-13) in CAD | CA$109.03 |
Canada Insurance Industry PB Ratio | Median Figure of 13 Publicly-Listed Insurance Companies | 1.08x |
Canada Market PB Ratio | Median Figure of 2,328 Publicly-Listed Companies | 1.52x |
Calculation | Outcome | |
---|---|---|
PB Ratio | = TSX:IFC Share Price ÷ Book Value per Share (both in CAD) = 109.03 ÷ 48.73 |
2.24x |
* Primary Listing of Intact Financial.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value (per year) |
---|---|---|
TSX:IFC Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts | 16.6% |
TSX:IFC Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts | -0.4% |
Canada Insurance Industry Earnings Growth Rate | Market Cap Weighted Average | 13.2% |
Canada Insurance Industry Revenue Growth Rate | Market Cap Weighted Average | 8.4% |
Canada Market Earnings Growth Rate | Market Cap Weighted Average | 16.8% |
Canada Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Data Point | Source | Value |
---|---|---|
Past Financials | Company Filings (1 month ago) | See Below |
Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
---|---|---|---|---|
2021-12-31 | 1,081 | |||
2020-12-31 | 10,458 | 1,034 | 9 | |
2019-12-31 | 10,015 | 961 | 9 |
Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * |
---|---|---|---|
2018-12-31 | 10,590 | 833 | 667 |
2018-09-30 | 10,416 | 645 | 656 |
2018-06-30 | 9,937 | 515 | 633 |
2018-03-31 | 9,558 | 551 | 719 |
2017-12-31 | 9,245 | 781 | 765 |
2017-09-30 | 8,733 | 911 | 710 |
2017-06-30 | 8,777 | 996 | 666 |
2017-03-31 | 8,683 | 928 | 515 |
2016-12-31 | 8,507 | 925 | 521 |
2016-09-30 | 8,436 | 1,012 | 547 |
2016-06-30 | 8,245 | 924 | 553 |
2016-03-31 | 8,111 | 920 | 659 |
*GAAP earnings excluding extraordinary items.
Data Point | Source | Value |
---|---|---|
Past Financials | Company Filings (1 month ago) | See Below |
Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
All data from Intact Financial Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
Date (Data in CAD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
---|---|---|---|---|
2021-12-31 | 7.76 | 7.76 | 7.76 | 1.00 |
2020-12-31 | 7.53 | 8.71 | 6.65 | 9.00 |
2019-12-31 | 7.00 | 8.02 | 6.18 | 9.00 |
Date (Data in CAD Millions) | EPS * |
---|---|
2018-12-31 | 4.79 |
2018-09-30 | 4.71 |
2018-06-30 | 4.61 |
2018-03-31 | 5.32 |
2017-12-31 | 5.75 |
2017-09-30 | 5.42 |
2017-06-30 | 5.08 |
2017-03-31 | 3.93 |
2016-12-31 | 3.97 |
2016-09-30 | 4.16 |
2016-06-30 | 4.21 |
2016-03-31 | 5.01 |
*GAAP earnings excluding extraordinary items.
How has Intact Financial performed over the past 5 years?
All data from Intact Financial Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
Date (Data in CAD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
---|---|---|---|---|
2018-12-31 | 10,590.00 | 667.00 | ||
2018-09-30 | 10,416.00 | 656.00 | ||
2018-06-30 | 9,937.00 | 633.00 | ||
2018-03-31 | 9,558.00 | 719.00 | ||
2017-12-31 | 9,245.00 | 765.00 | ||
2017-09-30 | 8,733.00 | 710.00 | ||
2017-06-30 | 8,777.00 | 666.00 | ||
2017-03-31 | 8,683.00 | 515.00 | ||
2016-12-31 | 8,507.00 | 521.00 | ||
2016-09-30 | 8,436.00 | 547.00 | ||
2016-06-30 | 8,245.00 | 553.00 | ||
2016-03-31 | 8,111.00 | 659.00 | ||
2015-12-31 | 8,099.00 | 685.00 | ||
2015-09-30 | 8,055.00 | 692.00 | ||
2015-06-30 | 8,034.00 | 763.00 | ||
2015-03-31 | 8,028.00 | 779.00 | ||
2014-12-31 | 7,980.00 | 761.00 | ||
2014-09-30 | 7,961.00 | 663.00 | 0.00 | |
2014-06-30 | 7,856.00 | 508.00 | 3.00 | |
2014-03-31 | 7,617.00 | 396.00 | 13.00 | |
2013-12-31 | 7,476.00 | 410.00 | 18.00 | |
2013-09-30 | 7,376.00 | 480.00 | 21.00 | |
2013-06-30 | 7,261.00 | 525.00 | 36.00 | |
2013-03-31 | 7,217.00 | 551.00 | 22.00 | |
2012-12-31 | 7,096.00 | 550.00 | 24.00 | |
2012-09-30 | 6,947.00 | 449.00 | 22.00 | |
2012-06-30 | 6,486.00 | 461.00 | 19.00 | |
2012-03-31 | 6,014.00 | 460.00 | 27.00 |
*GAAP earnings excluding extraordinary items.
How is Intact Financial's financial health and their level of debt?
All data from Intact Financial Company Filings, last reported 1 month ago.
Date (Data in CAD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
---|---|---|---|
2018-12-31 | 7,810.00 | 2,209.00 | 461.00 |
2018-09-30 | 7,886.00 | 2,189.00 | 491.00 |
2018-06-30 | 7,798.00 | 2,266.00 | 351.00 |
2018-03-31 | 7,370.00 | 2,248.00 | 240.00 |
2017-12-31 | 7,463.00 | 2,241.00 | 380.00 |
2017-09-30 | 7,264.00 | 2,389.00 | 518.00 |
2017-06-30 | 6,158.00 | 1,815.00 | 155.00 |
2017-03-31 | 6,141.00 | 1,393.00 | 88.00 |
2016-12-31 | 6,088.00 | 1,393.00 | 168.00 |
2016-09-30 | 5,926.00 | 1,392.00 | 137.00 |
2016-06-30 | 5,811.00 | 1,393.00 | 174.00 |
2016-03-31 | 5,750.00 | 1,392.00 | 221.00 |
2015-12-31 | 5,724.00 | 1,143.00 | 141.00 |
2015-09-30 | 5,467.00 | 1,143.00 | 185.00 |
2015-06-30 | 5,650.00 | 1,143.00 | 376.00 |
2015-03-31 | 5,613.00 | 1,143.00 | 187.00 |
2014-12-31 | 5,455.00 | 1,143.00 | 89.00 |
2014-09-30 | 5,283.00 | 1,143.00 | 85.00 |
2014-06-30 | 5,263.00 | 1,143.00 | 270.00 |
2014-03-31 | 5,067.00 | 1,143.00 | 179.00 |
2013-12-31 | 4,954.00 | 1,143.00 | 99.00 |
2013-09-30 | 4,863.00 | 1,143.00 | 481.00 |
2013-06-30 | 4,864.00 | 1,143.00 | 196.00 |
2013-03-31 | 5,043.00 | 1,143.00 | 78.00 |
2012-12-31 | 4,893.00 | 1,143.00 | 388.00 |
2012-09-30 | 4,730.00 | 1,143.00 | 621.00 |
2012-06-30 | 4,414.00 | 1,092.00 | 579.00 |
2012-03-31 | 4,428.00 | 1,044.00 | 391.00 |
What is Intact Financial's current dividend yield, its reliability and sustainability?
Purchase Intact Financial on or before the 'Buy Limit' to receive their next dividend payment.
Data Point | Source | Value |
---|---|---|
Past Annualized Dividend Yield | S&P Global Market Data | See Below |
Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
Future Dividends per Share Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
Canada Insurance Industry Average Dividend Yield | Market Cap Weighted Average of 9 Stocks | 4.4% |
Canada Market Average Dividend Yield | Market Cap Weighted Average of 329 Stocks | 3.6% |
Canada Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
Canada Bottom 25% Dividend Yield | 25th Percentile | 2.1% |
Canada Top 25% Dividend Yield | 75th Percentile | 5.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Date (Data in CA$) | Dividend per Share (annual) | Avg. No. Analysts |
---|---|---|
2021-12-31 | 3.44 | 1.00 |
2020-12-31 | 3.31 | 9.00 |
2019-12-31 | 3.06 | 9.00 |
Date (Data in CA$) | Dividend per share (annual) | Avg. Yield (%) |
---|---|---|
2019-02-05 | 3.040 | 2.783 |
2018-07-31 | 2.800 | 2.718 |
2018-02-06 | 2.800 | 2.899 |
2017-11-07 | 2.560 | 2.448 |
2017-05-02 | 2.560 | 2.605 |
2017-02-08 | 2.560 | 2.702 |
2016-11-02 | 2.320 | 2.467 |
2016-07-27 | 2.320 | 2.483 |
2016-05-04 | 2.320 | 2.572 |
2016-02-10 | 2.320 | 2.605 |
2015-11-09 | 2.120 | 2.443 |
2015-11-04 | 2.120 | 2.371 |
2015-05-06 | 2.120 | 2.332 |
2014-11-05 | 1.920 | 2.213 |
2014-07-30 | 1.920 | 2.619 |
2014-05-07 | 1.920 | 2.653 |
2014-02-05 | 1.920 | 2.818 |
2013-07-31 | 1.760 | 2.708 |
2013-02-06 | 1.760 | 2.861 |
2012-11-07 | 1.600 | 2.490 |
2012-08-01 | 1.600 | 2.658 |
2012-05-01 | 1.600 | 2.546 |
2012-02-08 | 1.600 | 2.649 |
2011-11-02 | 1.480 | 2.551 |
2011-08-04 | 1.480 | 2.687 |
2011-05-04 | 1.480 | 2.757 |
2011-02-09 | 1.480 | 2.995 |
2010-11-03 | 1.360 | 2.743 |
2010-08-05 | 1.360 | 3.024 |
2010-05-05 | 1.360 | 2.993 |
2010-02-17 | 1.360 | 3.133 |
2009-11-11 | 1.280 | 3.461 |
2009-08-12 | 1.280 | 3.813 |
2009-05-13 | 1.280 | 3.719 |
2009-02-23 | 1.280 | 3.780 |
2009-02-17 | 1.240 | 4.454 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Mr. Charles Brindamour, B.Sc., has been the Chief Executive Officer at Intact Financial Corporation (also known as, ING Canada Inc) since January 1, 2008. Mr. Brindamour is a Co-founder of Gibraltar Ventures. He served as the President of Intact Financial Corporation from January 1, 2008 to September 2011. He served as the Chief Executive Officer and President of Tangerine Bank (also known as, ING Bank of Canada) since January 2008. Mr. Brindamour served as the Chief Operating Officer of Intact Financial from January 16, 2007 to January 2008. Mr. Brindamour served as the Chief Operating Officer of Tangerine Bank since January 2007 until January 2008 and was In Charge of Intact Financial's personal lines, commercial lines and claims divisions in addition to planning and corporate development since May 2004. He served as an Executive Vice President of Intact Financial since May 2004. He served as the Senior Vice President of Personal Lines for Intact from October 2001 to May 2004 and as its Vice President of Finance from September 1999 to October 2001. For over 12 years, he has occupied several senior and executive positions within ING group of companies where he led the company’s acquisition, strategic planning and capital management functions. Mr. Brindamour began his career with Intact in 1992 as an actuary and held over the years a number of progressive management positions. He also served in management and executive roles in Europe with ING Groep, Intact’s former majority shareholder. He has been a Director at Intact Financial Corporation since January 1, 2008. He was an Independent Director of Hydro One Limited since August 31, 2015 until July 2018 and Hydro One Inc. since July 17, 2015 until July 2018. He serves as Interim Chairman of The Geneva Association. He serves as Member of Advisory Board at Gibraltar Growth Corporation and Gibraltar Ventures. He has been an Associate of the Casualty Actuarial Society since 1995. Mr. Brindamour is a Director of The Geneva Association, the Business Council of Canada, the C.D. Howe Institute, Insurance Bureau of Canada and Branksome Hall. He is also a member of the Advisory Committee of the University of Waterloo’s Climate Change Adaptation Project. Mr. Brindamour is a Member of the Campaign Cabinet of the CHU Sainte-Justine, Co-Chair of the Grande Campagne de financement de l’Universite Laval and was a member of the Campaign Cabinet of the United Way of Greater Toronto, where he chaired a number of insurance industry campaigns. Mr. Brindamour holds a Bachelor of Actuarial Science from Laval University (Quebec) in 1992. His Areas of Expertise include Business Transformation, Capital Markets, Consumer, Large Company Senior Executive, Risk Management.
Average tenure of the Intact Financial management team in years:
Average tenure and age of the Intact Financial board of directors in years:
Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (CA$) | Value (CA$) | |
---|---|---|---|---|---|---|---|---|---|---|
11. Feb 19 | Sell | Mark Tullis | Individual | 08. Feb 19 | 08. Feb 19 | -5,000 | CA$113.15 | CA$-564,910 | ||
20. Dec 18 | Buy | William Young | Individual | 19. Dec 18 | 19. Dec 18 | 500 | CA$99.63 | CA$49,811 | ||
13. Dec 18 | Sell | Mark Tullis | Individual | 07. Dec 18 | 07. Dec 18 | -3,400 | CA$102.02 | CA$-345,059 | ||
07. Dec 18 | Sell | Mark Tullis | Individual | 05. Dec 18 | 06. Dec 18 | -6,600 | CA$103.49 | CA$-671,998 | ||
03. Dec 18 | Buy | William Young | Individual | 30. Nov 18 | 30. Nov 18 | 7,700 | CA$105.72 | CA$809,177 | ||
06. Sep 18 | Sell | Mark Tullis | Individual | 04. Sep 18 | 04. Sep 18 | -3,400 | CA$102.85 | CA$-348,831 | ||
04. Sep 18 | Sell | Mark Tullis | Individual | 31. Aug 18 | 31. Aug 18 | -3,300 | CA$103.39 | CA$-340,221 | ||
31. Aug 18 | Sell | Mark Tullis | Individual | 30. Aug 18 | 30. Aug 18 | -3,300 | CA$103.74 | CA$-341,578 | ||
17. Aug 18 | Sell | Lucie Martel | Individual | 15. Aug 18 | 15. Aug 18 | -1,430 | CA$105.14 | CA$-150,347 | ||
15. Jun 18 | Sell | Mark Tullis | Individual | 08. Mar 18 | 11. Jun 18 | -3,500 | CA$99.25 | CA$-333,440 | ||
12. Jun 18 | Sell | Mark Tullis | Individual | 08. Jun 18 | 08. Jun 18 | -3,300 | CA$95.14 | CA$-313,343 | ||
17. May 18 | Sell | Mark Tullis | Individual | 14. May 18 | 14. May 18 | -5,000 | CA$95.54 | CA$-477,551 | ||
11. May 18 | Buy | Robert Leary | Individual | 11. May 18 | 11. May 18 | 2,645 | CA$96.23 | CA$254,528 | ||
13. Mar 18 | Sell | Mark Tullis | Individual | 09. Mar 18 | 12. Mar 18 | -6,700 | CA$99.49 | CA$-664,807 | ||
09. Mar 18 | Sell | Mark Tullis | Individual | 08. Mar 18 | 08. Mar 18 | -3,200 | CA$99.14 | CA$-316,937 |
There is a lot to be liked about Intact Financial Corporation (TSE:IFC) as an income stock. … Does Intact Financial tick all the boxes of a great dividend stock? … See our latest analysis for Intact Financial
Simply Wall St - – Full articleValuing IFC, an insurance stock, can be daunting since these financial firms generally have cash flows that are impacted by regulations that are not imposed upon other industries. … For example, insurance companies are required to hold more capital to reduce the risk to shareholders.
Simply Wall St - – Full articleBy way of learning-by-doing, we'll look at ROE to gain a better understanding of Intact Financial Corporation (TSE:IFC). … One way to conceptualize this, is that for each CA$1 of shareholders' equity it has, the company made CA$0.088 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleBy this I mean, I look at stocks holistically, from their financial health to their future outlook. … In the case of Intact Financial Corporation (TSE:IFC), it. … that has been able to sustain great financial health over the past
Simply Wall St - – Full articleIntact Financial has a price to earnings ratio of 20.95, based on the last twelve months. … How Do I Calculate Intact Financial's Price To Earnings Ratio … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleSo we'll take a look at whether insiders have been buying or selling shares in Intact Financial Corporation (TSE:IFC). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … That means that an insider was selling shares at around the current price of CA$103
Simply Wall St - – Full articleHow Does Charles Brindamour's Compensation Compare With Similar Sized Companies. … According to our data, Intact Financial Corporation has a market capitalization of CA$15b, and pays its CEO total annual compensation worth CA$7.8m. … We took a group of companies with market capitalizations over CA$11b, and calculated the median CEO compensation to be CA$9.3m.
Simply Wall St - – Full articleWhen Intact Financial Corporation (TSE:IFC) released its most recent earnings update (30 June 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … IFC's trailing twelve-month earnings (from 30 June 2018) of CA$633m has. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 5.4%, indicating the rate at which IFC is growing has slowed down
Simply Wall St - – Full articleOne of the most difficult industry to value is insurance, given that they adhere to different rules compared to other companies. … Industry-specific factors, such as gross written premiums are crucial in understanding how insurance companies make money.
Simply Wall St - – Full articleThe big shareholder groups in Intact Financial Corporation (TSE:IFC) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of CA$14.51b, Intact Financial is rather large.
Simply Wall St - – Full article
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. It offers personal auto insurance; and insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles. The company also offers personal property insurance, such as protection for homes and contents from risks, such as fire, theft, vandalism, water damage, and other damages, as well as personal liability coverage; and property coverage for tenants, condominium owners, non-owner occupied residences, and seasonal residences. In addition, it provides insurance products for commercial lines for a group of small and medium sized businesses; and commercial property insurance for the protection of physical assets of the business; and liability coverages, including commercial general, product, and professional liability, as well as cyber endorsement. Further, the company offers commercial vehicle insurance coverages for the protection for commercial auto, fleets, garage operations, light trucks, public vehicles, and the transportation needs of the sharing economy. Additionally, it provides specialty products for various customers or industry groups, including accident and health, technology, ocean and inland marine, public entities, and entertainment; and various products and coverages to healthcare, tuition reimbursement, surety, management liability, financial services, specialty property, environmental, and financial institutions. The company offers its products and services under the Intact Insurance, belairdirect, Brokerlink, and OneBeacon brands through a network of brokers, independent agencies, wholesalers, and managing general agencies, as well as directly to consumers. The company was formerly known as ING Canada Inc. and changed its name to Intact Financial Corporation in 2009. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada.
Name: | Intact Financial Corporation |
IFC | |
Exchange: | TSX |
Founded: | 1809 |
CA$15,175,736,765 | |
139,188,634 | |
Website: | http://www.intactfc.com |
Address: |
Intact Financial Corporation 700 University Avenue, Suite 1500-A, Toronto, Ontario, M5G 0A1, Canada |
Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
---|---|---|---|---|---|---|---|
TSX | IFC | Common Shares | The Toronto Stock Exchange | CA | CAD | 10. Dec 2004 | |
OTCPK | IFCZ.F | Common Shares | Pink Sheets LLC | US | USD | 10. Dec 2004 | |
DB | I5U | Common Shares | Deutsche Boerse AG | DE | EUR | 10. Dec 2004 | |
TSX | IFC.PRE | PFD CL A SER 5 | The Toronto Stock Exchange | CA | CAD | 24. May 2017 | |
TSX | IFC.PRG | NON CUM PFD A 7 | The Toronto Stock Exchange | CA | CAD | 29. May 2018 |
Property and Casualty Insurance | |
Insurance |
Area | Date (UTC time) |
---|---|
Company Analysis updated: | 2019/02/14 00:05 |
End of day share price update: | 2019/02/13 00:00 |
Last estimates confirmation: | 2019/02/12 |
Last earnings filing: | 2019/02/05 |
Last earnings reported: | 2018/12/31 |
Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.