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 Q1-2019 Results

May 7, 2019

Highlights

  • Net operating income per share of $0.73 was impacted by severe winter weather
  • Premiums grew 6%, driven by rate increases across our Canadian businesses in hardening market conditions, and strong new business growth in U.S. commercial
  • Combined ratio of 101.5% reflects the impact of elevated weather losses in Canada while underlying performance improved across the business; U.S. profitability improvement plans are on track with a combined ratio of 94.0%
  • Strong financial position with $1.4 billion of total capital margin and operating ROE of 11.9%
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News Release

OneBeacon’s Fitzgerald Named Chief Underwriting Officer for North American Entertainment Business

May 2, 2019

PLYMOUTH, Minn. (May 2, 2019) -- OneBeacon Insurance Group, a member of Intact Financial Corporation (TX: IFC), announced that Joe Fitzgerald has been appointed Chief Underwriting Officer of North American Entertainment, in addition to his current role as President of the U.S. Entertainment business.

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Published Articles

Information Privacy and Ecurity Threats in Today's Drug and Alcohol Testing Labs

April 1, 2019

Cybercriminals will steal data any place they can find it, whether from a giant conglomerate or a small business.

Read full article co-authored by OneBeacon Healthcare's Patricia Hughes on page 18>>

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Published Articles

Preparing for the Department of Justice

March 21, 2019

According to the 2018 U.S. Attorney's Annual Statistical Report, the Department of Justice (DOJ) filed more than 53,000 criminal cases that year. The majority of these filings are immigration, drug offense or violent crime cases, but there are a percentage of cases related to civil rights violations and discrimination.

Read full article written by Government Risks' Sarah Schmitz on page 7 of Public Risk Magazine.

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News Release

AM Best Upgrades Credit Ratings of OneBeacon U.S. Holdings, Inc. and Its Subsidiaries

March 8, 2019

AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa-” from “a+” of Atlantic Specialty Insurance Company (Atlantic Specialty) (New York, NY) and its subsidiaries (formerly known as OneBeacon Insurance Group).

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News Release

Intact Financial Corporation reports Q4-2018 Results

February 11, 2019
  • Net operating income per share up 19% to $1.93 in Q4-2018 driven by solid operating results
  • Premiums grew 4% in the quarter and 16% for the full year fuelled by commercial lines across North America
  • Strong combined ratio of 91.7% in Q4-2018 with significant improvement in personal auto
  • Full year NOIPS of $5.74 drove Operating ROE of 12.1%, with over $1.3 billion of total capital margin
  • Quarterly dividend increased by 9% to $0.76 per common share
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In the News

Better Medicine?

February 1, 2019

It has been touted and critiqued, but everyone can at least agree that direct primary care (DPC) is leaving an imprint across the self-insured community. The real question is, can recasting the medical gatekeeper approach without any actual claims deliver better results?

Read the full article featuring quotes from OneBeacon Accident & Health's Christy Vago.

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Published Articles

Make Your Customers S.A.F.E.

February 1, 2019

Banks do an excellent job keeping their customers safe while on the bank’s premises. However, there has been a significant uptick in robberies of bank customers taking place after they leave the safety of the bank’s parking lot.

Read the full article written by OneBeacon Financial Services' Craig Collins on page 16 of Kentucky Banker Magazine.

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Published Articles

Cryptojacking: Where Stealth Meets Payoff

January 16, 2019

Most of us are well aware of ransomware and how prolific of an attack vector it has become. Attacks such as SamSam, WannaCry, NotPetya, Petya and others have resulted in significant economic damage to their victims, either through ransom payments or the associated downtime.

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News Release

Nelson Kefauver Joins OneBeacon as President of Management Liability Business

January 14, 2019

Nelson Kefauver has joined OneBeacon as President of its Management Liability business unit, reporting to Executive Vice President Paul Brehm. In his new role, Kefauver will lead a specialty underwriting team focused on providing management liability solutions targeting a broad range of not‐for‐profit organizations and private for‐profit companies throughout the U.S.

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