Carmen Duarte, VP Marketing & Communications/Diversity & Inclusion Champion, at Intact Insurance Specialty Solutions, was recently quoted in a news release by Insurance Industry Charitable Foundation (IICF) announcing the proceeds from their annual Step Up Challenge in the spring. Intact was the presenting sponsor for the event that will benefit IICF’s Children’s Relief Fund.

Click the link to read the news release.

A.W.G Dewar, a leading provider of tuition reimbursement insurance, and its President Ragan Lower, were recently featured in a New York Times article on how college tuition insurance has gained attention during the pandemic. Click the link to read the article!

(in Canadian dollars except as otherwise noted)

Highlights

• Net operating income per share up 39% to $3.26 driven by strong underwriting performance and distribution results
• Premiums grew 29%, bolstered by the RSA acquisition and strength in Commercial Lines in both Canada and the U.S.
• Combined ratio of 86.7% included Canada at 85.0% and the U.S. at 90.3%, and was driven by strong underlying performance across all lines
• BVPS up 25% from Q1-2021, driven by the RSA financing and strong EPS of $3.59 for the quarter
• OROE of 19.8% and robust financial position with $2.6 billion of total capital margin and debt-to-total capital of 24.1%
• RSA acquisition closed on June 1 and was immediately high single-digit accretive to net operating income per share

Joi Blume, Master Underwriter at Intact Specialty Property was featured in the July edition of Rough Notes. The article is titled “Keeping at It” from the publication's Young Pro-Files series, and highlights Blume's career journey, volunteer work and advocacy for diverse young professionals.

Click the link to read the complete article.