News Releases

News & Insights

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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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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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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News Release

OneBeacon Insurance Awards Sixteen College Scholarships

July 9, 2019

OneBeacon Insurance Group has recently awarded sixteen $2,000 college scholarships: eight to the children of OneBeacon employees and eight to children of the company’s distribution partners. Recipients were selected based on criteria such as academic performance, leadership roles and participation in school and community activities.

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News Release

James Hamilton Joins OneBeacon Financial Institutions as Vice President

June 11, 2019

James Hamilton has joined OneBeacon Financial Institutions, a member of OneBeacon Insurance Group, as Vice President overseeing regional operations, and contributing to the management of the company’s public bank and insurance company portfolio. Hamilton reports to Kevin Koehler, President of OneBeacon Financial Institutions.

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News Release

International Marine Underwriters Introduces Enhanced Ocean Cargo Coverage

May 22, 2019

International Marine Underwriters (IMU), a member of OneBeacon Insurance Group, has introduced an enhanced Ocean Cargo policy designed to address the needs of an increasingly global ocean marine market and enable customers to easily review coverage details on a redesigned form.

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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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