Intact Financial Corporation reports Q4-2019 Results
Charles Brindamour, Chief Executive Officer, said: "We delivered strong results in the fourth quarter with double-digit topline growth and a low-90s combined ratio. Overall, 2019 marked another successful year for IFC as we advanced meaningfully on our strategies. We continued to improve the customer experience, digitally and in claims, while enhancing our use of data in risk selection, including leveraging our artificial intelligence expertise. At the same time, we bolstered our leadership position in Canada with the acquisition of The Guarantee Company of North America and Frank Cowan Company, and pushed deeper in the claims supply chain with On Side Restoration. With a strong balance sheet and momentum in favourable market conditions, we are pleased to increase dividends to our common shareholders for the fifteenth consecutive year."