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

Whitepaper

Autonomous Vehicles: Why Drive When the Vehicle Drives You

July 6, 2020

The idea of being effortlessly chauffeured by self-driving cars or autonomous vehicles (AV), has been a dream of futurists for several decades. They envision a time where we will simply input our destination and be safely driven there while we do work, relax, watch a movie, or even take a nap. Commercially, trucks will self-drive in platoon formations 24 hours a day transporting goods from one part of the country to another.

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Published Articles

Are your Employees Ergonomically Prepared to Work from Home?

June 16, 2020

OneBeacon Financial Services' President Craig Collins recently published an article about the importance of employees being ergonomic while working from home. In this article, he provides tips and insights on how to work comfortably and safely at home. He also addresses some risks if not taking the proper precautions.

Read full article written by Financial Services' Craig Collins on page 12 of South Dakota Banker.

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News Release

Intact Financial Corporation Chief Executive Officer Charles Brindamour to speak at Morgan Stanley Virtual U.S. Financials Conference

June 9, 2020

TORONTO, June 9, 2020 /CNW/ - Charles Brindamour, Chief Executive Officer of Intact Financial Corporation (TSX: IFC), will participate in a virtual fireside chat as a part of the Morgan Stanley Virtual U.S. Financials Conference on Wednesday, June 10, 2020 at 2:30 PM EST.

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News Release

Intact Financial Corporation reports Q1-2020 results and provides COVID-19 update

May 6, 2020

COVID-19 Operational Update

  • Our focus is on helping our employees, customers and communities through this crisis
  • We are providing a range of relief measures to customers, including premium reduction and payment flexibility
  • As of May 4, 2020 we have provided over $130 million of relief to approximately 390,000 customers
  • While our employees are safe at home, our operations and service levels remain strong

 

Financial Results

  • Net operating income per share of $1.61, includes $83 million of direct COVID-19 related losses
  • Premium growth of 14% includes The Guarantee Company of North America ("The Guarantee") acquisition. Integration remains on target
  • Combined ratio of 94.3% in the quarter, with 93.3% in Canada and 100.1% in the U.S.
  • EPS of $0.66 was impacted by $96 million of equity impairments
  • Strong capital position with 202% MCT, 24.1% debt-to-total-capital and $1.5 billion of total capital margin
  • BVPS of $51.71 declined 4% in the quarter including $2.34 per share impact from capital market volatility
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News Release

AM Best Removes from Under Review with Positive Implications and Upgrades Credit Ratings of The Guarantee Company of North America and Its Subsidiary

April 27, 2020

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has removed from under review with positive implications and 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 The Guarantee Company of North America (GCNA) and its subsidiary, The Guarantee Company of North America USA (GCNA USA) (Southfield, MI) which are newly added members to Intact Financial Corporation (Intact Financial). The outlook assigned to these Credit Ratings (ratings) is stable.

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News Release

Media Advisory - Intact Financial Corporation to announce 2020 first quarter results on May 5 and hold earnings conference call the following day

April 27, 2020

TORONTO, April 27, 2020 /CNW/ - Intact Financial Corporation (TSX: IFC) will release its 2020 first quarter results after the market closes on Tuesday, May 5, 2020.

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News Release

Intact Financial Corporation providing flexible relief measures for individual and business customers impacted by COVID-19

April 6, 2020

TORONTO, April 2, 2020 – Intact Financial Corporation (TSX: IFC) is focused on the well-being and safety of employees, while remaining open for business for our customers and brokers during the COVID-19 crisis. IFC and its employees are helping the most affected customers facing financial challenges as a result of the crisis and providing support to communities.

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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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