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: | 1-416-3411464 |
| 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 |
| 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 | Anne Fortin Executive Vice President - Direct Distribution, Chief Marketing and Communications 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, and specialty insurance. The Company's segment includes Canada, US and UK&I. The Canada segment is engaged in the underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada. The US segment is engaged in the underwriting of specialty insurance contracts to small and midsize businesses in the United States. The UK&I 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 Corporate and Other segment (Corporate) consists of investment management, treasury and capital management activities, as well as other corporate activities. |
| Financial Overview |
| For the nine months ended 30 September 2023, Intact Financial Corporation revenues decreased 6% to C$19.01B. Net income applicable to common stockholders decreased 64% to C$736M. Revenues reflect Corporate segment decrease of 36% to C$7M, Corporate segment decrease of 36% to C$7M. Net income also reflects Other net gains (losses) decrease of 94% to C$28M (income), Acquisition Cost of Group Companies increase of 57% to C$321M (expense). |
| Employees: | 28,500 as of Dec 31, 2022 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $43,291M as of Sep 30, 2023 |
| Annual revenue (TTM): | $24,884M as of Sep 30, 2023 |
| EBITDA (TTM): | $3,518M as of Sep 30, 2023 |
| Net annual income (TTM): | $1,132M as of Sep 30, 2023 |
| Free cash flow (TTM): | $1,101M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $4,032M as of Sep 30, 2023 |
| Shares outstanding: | 178,322,868 as of Sep 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2023 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.