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 provider of property and casualty insurance in Canada. The Company's segments include Canada, UK & International, and US. The Canada segment is engaged in underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly to consumers. The UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to businesses in the United Kingdom, Europe, and Ireland as well as internationally through the Company's global network. The Company distributes insurance through a wide network of affinity partners and brokers or directly to consumers. The US segment is engaged in underwriting of specialty contracts mainly to small to medium-sized businesses in the United States. The Company distributes insurance through independent agencies, brokers, wholesalers and managing general agencies. |
Financial Overview |
For the six months ended 30 June 2024, Intact Financial Corporation revenues increased 2% to C$12.84B. Net income applicable to common stockholders increased from C$590M to C$1.38B. Revenues reflect Canada segment increase of 4% to C$290M, Canada segment increase of 4% to C$290M. Dividend per share increased from C$2.20 to C$2.42. Basic Earnings per Share excluding Extraordinary Items increased from C$3.37 to C$7.73. |
Employees: | 30,000 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $54,670M as of Sep 30, 2024 |
Annual revenue (TTM): | $25,950M as of Sep 30, 2024 |
EBITDA (TTM): | $4,573M as of Sep 30, 2024 |
Net annual income (TTM): | $2,020M as of Sep 30, 2024 |
Free cash flow (TTM): | $1,574M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | $3,805M as of Sep 30, 2024 |
Shares outstanding: | 178,363,968 as of Jul 10, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |