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 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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Whitepaper

Biometric Security: A Never Changing Approach to Security

October 8, 2019

Protecting and controlling access- whether to an office building or an operating system- is an ever evolving security challenge. With ongoing advancements in technology, the option to utilize biometric security controls is becoming more widely available.

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News Release

Intact Financial Corporation to acquire leading specialty insurer The Guarantee Company of North America and Frank Cowan Company Limited

August 15, 2019

Highlights

  • Adds attractive surety business and expertise on both sides of the border
  • Enhances specialty lines with public entity capabilities and adds an MGA to the platform
  • Expands Intact's personal lines offering in Canada with high net worth products
  • Delivers a return on capital above Intact's threshold and immediate accretion to NOIPS
  • Strong financial position maintained, with over $1 billion of capital margin after closing
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In the News

Postmates to Offer Benefits to Gig Workers

August 14, 2019

Postmates Inc. will offer occupational accident insurance benefits this fall to fleet members, the company announced Tuesday. The San Francisco-based company, which uses gig economy workers to deliver food, groceries, alcohol and more to individuals via an app, has about 350,000 independently contracted drivers.

Read full article featuring Accident & Health’s sharing economy solution.

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News Release

Intact Financial Corporation reports Q2-2019 Results

July 30, 2019

Highlights

  • Net operating income per share increased 4% to $1.44, with strong net investment income and distribution results
  • Strong premium growth of 8% was fuelled by improving market conditions, with strong growth in commercial lines across North America and accelerating growth in personal lines
  • Combined ratio of 97.0% reflects strong underlying performance in personal auto offset by 3.7 points from an increase in reserves for prior years; solid results in commercial lines in Canada and the U.S.
  • Strong financial position with $1.3 billion of total capital margin and operating ROE of 12%
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