News & Insights
News & Insights
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.
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.
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.
• 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
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.
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.
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.
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.
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).