Intact Financial Corporation (T:IFC)
Business Focus: Property & Casualty Insurance (NEC)
| Sector: Financials | Industry: Property & Casualty Insurance |
| Company Contact | |
| Address: | 700 UNIVERSITY AVENUE SUITE 1500-A (LEGAL) TORONTO ON M5G 0A1 |
| Tel: | N/A |
| Website: | https://www.intactfc.com |
| IR: | See website |
| Key People | ||
| Charles J.G. Brindamour Chief Executive Officer, Director | Frederic Cotnoir Executive Vice President, Chief Legal Officer, Secretary | Louis Marcotte Chief Financial Officer, Executive Vice President |
| Anne Fortin President - Intact Insurance | Louis Gagnon Chief Executive Officer, Canada | Timothy Michael Miller Chief Executive Officer - Global Specialty Lines |
| Ken Norgrove Chief Executive Officer, UK & International | Patrick Barbeau Chief Operating Officer, Executive Vice President | Carla Smith Executive Vice President, Chief Human Resources Strategy and Climate Officer | Benoit Morissette Executive Vice President, Chief Risk and Actuarial Officer |
| Business Overview |
| Intact Financial Corporation is a Canada-based company, which provides property and casualty (P&C) insurance. The Company's segment includes Canada, US and UK & International. The Canada segment is engaged in the underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly consumers. The UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to individuals and businesses in the United Kingdom, Europe, Ireland and Middle East, as well as internationally. The Company distributes insurance through a network of affinity partners and brokers or directly to consumers. The US segment is engaged in the underwriting of specialty contracts mainly to small and midsize businesses in the United States. In Canada, the Company distributes insurance under the Intact Insurance brand through a network of brokers. |
| Financial Overview |
| For the three months ended 31 March 2024, Intact Financial Corporation revenues decreased 1% to C$6.42B. Net income applicable to common stockholders increased 82% to C$656M. Revenues reflect US segment decrease of 58% to C$10M, Canada segment decrease of 4% to C$134M, United States segment decrease of 58% to C$10M, Canada segment decrease of 4% to C$134M. Dividend per share increased from C$1.10 to C$1.21. |
| Employees: | 28,500 as of Dec 31, 2022 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $46,759M as of Mar 31, 2024 |
| Annual revenue (TTM): | $25,644M as of Mar 31, 2024 |
| EBITDA (TTM): | $3,938M as of Mar 31, 2024 |
| Net annual income (TTM): | $1,527M as of Mar 31, 2024 |
| Free cash flow (TTM): | $1,289M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $4,276M as of Mar 31, 2024 |
| Shares outstanding: | 178,404,889 as of Mar 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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