News & Insights

Featured updates and published expertise.

Media Contacts

Carmen Duarte
781.332.7268
cduarte@onebeacon.com

Sasha Aronson
781.332.7165
saronson@onebeacon.com

News Release

Intact Financial Corporation reports Q4-2019 Results

February 4, 2020

Highlights

  • Net operating income per share up 8% to $2.08 in Q4-2019 driven by strong underwriting and distribution results
  • Premium growth of 12% in the quarter and 9% for the full year led by rate increases
  • Combined ratio of 91.5% in Q4-2019 with solid performance in all lines, despite elevated catastrophe losses
  • Full year EPS of $5.08 drove BVPS up 11% to $53.97
  • Operating ROE of 12.5% with $1.2 billion of total capital margin
  • Quarterly dividend increased by 9% to $0.83 per common share
  • Recently closed transactions were accretive to NOIPS in the quarter; integration is well underway
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News Release

Intact Financial Corporation to announce 2019 fourth quarter and year-end results on February 4, 2020

January 31, 2020

Intact Financial Corporation (TSX: IFC) will release its 2019 fourth quarter and year-end earnings results after the market closes on Tuesday, February 4, 2020.

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In the News

Community Corner: Insurance Professionals Give Back Through IICF Week of Giving

January 30, 2020

Members of Boston’s insurance community recently joined together in volunteer service during the annual Insurance Industry Charitable Foundation (IICF) week of giving. OneBeacon volunteers served meals to those struggling with homelessness at Father Bill’s & MainSpring.

Read full article on OneBeacon's participation on page 18.

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News Release

Intact announces executive changes and a new appointment

December 17, 2019

TORONTO, Dec. 17, 2019 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced changes to the roles and responsibilities of members of the company's leadership team. The new executive appointments are effective January 1, 2020.

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News Release

Intact Financial Corporation Named 2019 Best Employer in Canada and the United States

December 5, 2019

TORONTO, Dec. 5, 2019 - Intact Financial Corporation (TSX: IFC) 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.

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News Release

Intact Financial Corporation completes acquisition of specialty insurer The Guarantee Company of North America and Frank Cowan Company Limited

December 2, 2019

TORONTO, Dec. 2, 2019 /CNW/ - Intact Financial Corporation (TSX: IFC) 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.

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Published Articles

Did Everyone Take Their Vacation This Summer?

November 25, 2019

OneBeacon Financial Services’ President Craig Collins recently wrote a new article about the importance of employees taking vacation in the banking industry. In this article, he highlights the concern around not taking vacations, the warning signs, and vacation policy suggestions for the employer.

Read full article written by Financial Services' Craig Collins on page 6 of South Dakota Banker.

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News Release

Intact Financial Corporation reports Q3-2019 Results

November 7, 2019

Highlights

• Net operating income per share increased 18% to $1.91 driven by strong performances across the business

• Premium growth of 11% fuelled by rate increases across North America and unit growth momentum

• Strong combined ratio of 92.3% driven by solid underlying results in Canada and lower catastrophe losses

• Strong financial position with $1.1 billion of total capital margin and operating ROE of 12%

• On track to close the acquisitions of The Guarantee and Frank Cowan Company by year end

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In the News

Awash in Opportunity

October 21, 2019

In addition to navigating market conditions and opportunities in the turbulent ocean marine market, brokers and agents should focus on the horizon of emerging risks for smooth sailing.

Read full article featuring insights from IMU.

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Published Articles

Mastering the Peculiarities of Growing Specialty Lines Takes Time, Talent and Discipline

October 17, 2019

The specialty lines business may be small, but the margins can be impressive where carriers are successful at it. Being successful requires understanding certain peculiarities and honing a special discipline toward product development.

Read full article with contributions from OneBeacon Specialty's Jeff Richardson in Carrier Management.

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