Intact Financial Corporation held an investor presentation in February 2011. The presentation discussed IFC's position as the largest property and casualty insurer in Canada, with $4.5 billion in direct premiums written. It highlighted IFC's consistent outperformance of the Canadian P&C industry, including a 10-year combined ratio that was 3.8 percentage points better than the industry average. The presentation also outlined IFC's growth strategies, including organic growth through its multiple distribution channels and the potential for industry consolidation through acquisitions.
Intact Financial Corporation presented its investor presentation for June 2010. The presentation highlighted Intact's position as the dominant property and casualty insurer in Canada with over $4 billion in annual premiums written. Intact has a significant scale advantage over its competitors and has consistently outperformed the industry on key metrics like combined ratio and return on equity. The presentation also summarized Intact's strong financial results for the first quarter of 2010, including net operating income per share growth of 62.1% and an annualized return on equity of 16.1%.
Intact Financial Corporation is Canada's largest home and auto insurer, with $7 billion in annual premiums. It has consistently outperformed the industry in key metrics like combined ratio, return on equity, and growth. Intact aims to continue growing organically and through acquisitions in Canada's fragmented insurance market. Recent acquisitions of AXA Canada and JEVCO are on track to deliver synergies. Challenges include a low interest rate environment and elevated catastrophe losses. Intact is well capitalized and pursuing growth through firming market conditions, developing existing brands, industry consolidation, and potential international expansion.
Intact Financial Corporation is Canada's largest personal and commercial insurer. Some key points:
- IFC has $6.5 billion in annual premiums and holds the #1 market share position in several Canadian provinces.
- IFC has consistently outperformed the Canadian P&C insurance industry over the past 10 years based on metrics like combined ratio, return on equity, and premium growth.
- IFC has a strong financial position with $11.8 billion in invested assets and excess capital of $435 million. The company pursues growth through acquisitions, organic expansion, and returning capital to shareholders.
- Looking ahead, IFC is well-positioned to continue outperforming competitors
This document provides an investor presentation for Intact Financial Corporation (IFC), Canada's largest property and casualty insurer. Some key points:
- IFC has consistently outperformed the industry on measures like return on equity, combined ratio, and premium growth over the past 10 years.
- IFC aims to continue beating the industry ROE by 500 basis points annually and growing net operating income per share by 10% per year through initiatives like pricing segmentation, claims management improvements, and pursuing growth opportunities.
- IFC has a strong financial position with over $850 million in excess capital and debt below target levels. It maintains high credit ratings from major agencies.
- The Canadian P&C insurance industry
Intact Financial Corporation is Canada's largest personal and commercial property and casualty insurer, with $7 billion in annual premiums written. It has leading market shares in several Canadian provinces and consistently outperforms the industry on key metrics like combined ratio and return on equity. Intact has a diversified business mix across personal and commercial lines as well as regions. It expects to continue outperforming peers in 2013 through scale advantages, underwriting expertise, and a balanced investment portfolio.
Intact Financial Corporation is Canada's largest property and casualty insurer with an estimated 17% market share. The presentation outlines Intact's consistent outperformance versus the industry through scale advantages, underwriting expertise, and acquisition strategy. Intact has achieved returns on equity 5 points higher than the industry average each year and targets net operating income per share growth of 10% annually. The company is well positioned for future growth through firming market conditions, expanding existing platforms, consolidating the Canadian market, and potential international expansion.
Intact Financial Corporation is Canada's largest personal and commercial insurer. It has $6.5 billion in direct premiums written and is the number 1 insurer in several Canadian provinces. The presentation outlines Intact's scale advantages, consistent outperformance of industry metrics like combined ratio and return on equity, and strategic focus areas of enhancing its business mix, pursuing acquisitions, and returning capital to shareholders. Intact is well positioned for continued growth and outperformance relative to the Canadian property and casualty insurance industry.
Intact Financial Corporation is Canada's largest home, auto and business insurer, with a 17% market share in a fragmented industry. It has consistently outperformed the industry over 10 years in terms of premium growth, combined ratio, and return on equity. Intact has several competitive advantages including scale, sophisticated pricing and underwriting, in-house claims expertise, and broker relationships. The presentation outlines Intact's strategy to continue growing organically and through acquisitions to consolidate the Canadian property and casualty insurance market.
Intact Financial Corporation presented its investor presentation for June 2010. The presentation highlighted Intact's position as the dominant property and casualty insurer in Canada with over $4 billion in annual premiums written. Intact has a significant scale advantage over its competitors and has consistently outperformed the industry on key metrics like combined ratio and return on equity. The presentation also summarized Intact's strong financial results for the first quarter of 2010, including net operating income per share growth of 62.1% and an annualized return on equity of 16.1%.
Intact Financial Corporation is Canada's largest home and auto insurer, with $7 billion in annual premiums. It has consistently outperformed the industry in key metrics like combined ratio, return on equity, and growth. Intact aims to continue growing organically and through acquisitions in Canada's fragmented insurance market. Recent acquisitions of AXA Canada and JEVCO are on track to deliver synergies. Challenges include a low interest rate environment and elevated catastrophe losses. Intact is well capitalized and pursuing growth through firming market conditions, developing existing brands, industry consolidation, and potential international expansion.
Intact Financial Corporation is Canada's largest personal and commercial insurer. Some key points:
- IFC has $6.5 billion in annual premiums and holds the #1 market share position in several Canadian provinces.
- IFC has consistently outperformed the Canadian P&C insurance industry over the past 10 years based on metrics like combined ratio, return on equity, and premium growth.
- IFC has a strong financial position with $11.8 billion in invested assets and excess capital of $435 million. The company pursues growth through acquisitions, organic expansion, and returning capital to shareholders.
- Looking ahead, IFC is well-positioned to continue outperforming competitors
This document provides an investor presentation for Intact Financial Corporation (IFC), Canada's largest property and casualty insurer. Some key points:
- IFC has consistently outperformed the industry on measures like return on equity, combined ratio, and premium growth over the past 10 years.
- IFC aims to continue beating the industry ROE by 500 basis points annually and growing net operating income per share by 10% per year through initiatives like pricing segmentation, claims management improvements, and pursuing growth opportunities.
- IFC has a strong financial position with over $850 million in excess capital and debt below target levels. It maintains high credit ratings from major agencies.
- The Canadian P&C insurance industry
Intact Financial Corporation is Canada's largest personal and commercial property and casualty insurer, with $7 billion in annual premiums written. It has leading market shares in several Canadian provinces and consistently outperforms the industry on key metrics like combined ratio and return on equity. Intact has a diversified business mix across personal and commercial lines as well as regions. It expects to continue outperforming peers in 2013 through scale advantages, underwriting expertise, and a balanced investment portfolio.
Intact Financial Corporation is Canada's largest property and casualty insurer with an estimated 17% market share. The presentation outlines Intact's consistent outperformance versus the industry through scale advantages, underwriting expertise, and acquisition strategy. Intact has achieved returns on equity 5 points higher than the industry average each year and targets net operating income per share growth of 10% annually. The company is well positioned for future growth through firming market conditions, expanding existing platforms, consolidating the Canadian market, and potential international expansion.
Intact Financial Corporation is Canada's largest personal and commercial insurer. It has $6.5 billion in direct premiums written and is the number 1 insurer in several Canadian provinces. The presentation outlines Intact's scale advantages, consistent outperformance of industry metrics like combined ratio and return on equity, and strategic focus areas of enhancing its business mix, pursuing acquisitions, and returning capital to shareholders. Intact is well positioned for continued growth and outperformance relative to the Canadian property and casualty insurance industry.
Intact Financial Corporation is Canada's largest home, auto and business insurer, with a 17% market share in a fragmented industry. It has consistently outperformed the industry over 10 years in terms of premium growth, combined ratio, and return on equity. Intact has several competitive advantages including scale, sophisticated pricing and underwriting, in-house claims expertise, and broker relationships. The presentation outlines Intact's strategy to continue growing organically and through acquisitions to consolidate the Canadian property and casualty insurance market.
This document provides an investor presentation for Intact Financial Corporation, a leading property and casualty insurer in Canada. Some key points:
- Intact has consistently outperformed the P&C industry over the past 10 years in measures like return on equity, combined ratio, and premium growth.
- Intact has a significant scale advantage compared to competitors and employs sophisticated pricing, underwriting, claims management, and distribution strategies.
- Intact's goals are to beat the industry ROE by 5 points annually and achieve 10% net operating income per share growth over time through organic growth, margin improvement, and capital deployment including acquisitions.
The survey of over 100 top dealmakers finds strong confidence in the global M&A market in 2013. North American, European, and Greater China advisors largely expect increased deal activity globally and within their own regions compared to 2012. Key drivers are seen as strong CEO confidence, improving economies, and growing appetite for Chinese outward expansion. In North America, domestic deals and the consumer goods sector are expected to be most active. Greater China advisors anticipate outbound Chinese deals, while European advisors foresee foreign acquisitions in Europe driving activity.
This investor presentation provides an overview of Intact Financial Corporation (IFC), Canada's largest property and casualty insurer. Some key points:
1) IFC has consistently outperformed the industry on measures like return on equity, combined ratio, and premium growth over the past 10 years.
2) IFC aims to continue beating industry ROE by 500 bps annually and growing net operating income per share by 10% per year through initiatives like pricing segmentation, claims management, and acquisitions.
3) IFC has a strong capital position with $904 million in excess capital and a 215% Minimum Capital Test ratio as of Q1 2016. Management plans to continue increasing dividends and share buybacks
- Intact Financial Corporation is Canada's largest home, auto and business insurer with over 5.9 billion in direct premiums written and a 17.3% market share.
- IFC has consistently outperformed the industry over 10 years in terms of premium growth, combined ratio, and return on equity.
- IFC aims to grow its net operating income per share by 10% per year, outperform the industry return on equity by 500 basis points annually, and have over 2 million customer advocates by 2020.
The document discusses Intact Financial Corporation's acquisition of AXA Canada. The key points are:
1) The acquisition strengthens IFC's position as the largest property and casualty insurer in Canada, increasing its premiums by over 40%.
2) The acquisition is financially compelling with an expected internal rate of return of 20% and accretion to net operating income per share.
3) Combining the two companies creates a leading P&C insurer in Canada and provides numerous diversification and synergistic benefits.
This presentation provides an overview of Intact Financial Corporation, a leading property and casualty insurer in Canada. Key points include:
- Intact is the largest P&C insurer in Canada with $6.5 billion in direct premiums written and dominant market positions in several provinces.
- Intact has significant scale advantages over competitors and has consistently outperformed the industry in terms of growth, underwriting results, and returns.
- The company has a strong capital position with excess capital, high credit ratings, and a diversified, high-quality investment portfolio.
- Management's capital priorities are paying dividends to shareholders and pursuing acquisitions to further grow the business.
- Intact Financial Corporation is Canada's largest property and casualty insurer with over $7 billion in annual premiums and market leading positions in several Canadian provinces.
- Intact has consistently outperformed the industry on key metrics like premium growth, combined ratio, and return on equity over the past 10 years due to advantages in scale, underwriting, claims management, and investments.
- Intact plans to continue beating industry ROE by 5 points annually through initiatives in pricing, claims management, organic growth, and capital deployment while reinvesting in the customer experience.
This document provides an investor presentation for Intact Financial Corporation, Canada's largest home, auto, and business insurer. Some key points:
- IFC has the largest market share in the fragmented Canadian P&C insurance industry and has outperformed the industry over 10 years.
- IFC aims to have 2 million customer advocates by 2020 and be one of Canada's most respected and best employer brands. It has met multiple financial targets including 10% annual NOIPS growth.
- IFC recently acquired OneBeacon, expanding its specialty insurance business in both Canada and the US. The acquisition is financially accretive and leverages both companies' expertise.
- IFC maintains a strong financial position with
allstate Quarterly Investor Information 2005 1st Earnings Press Release finance7
Allstate reported a 22% increase in first quarter net income and a 16% increase in operating income per share compared to the first quarter of 2004. Property-liability underwriting income increased 13.4% due to higher premiums and continued declines in auto and homeowner loss frequencies. Allstate is confirming its 2005 operating income per share guidance range of $5.40 to $5.80 despite $164 million in first quarter catastrophe losses, up from $102 million in the first quarter of 2004. Allstate Financial also had a solid quarter with a 15.2% increase in premiums and deposits and 12.9% increase in operating income.
Intact Financial Corporation is Canada's largest property and casualty insurer, with $7 billion in annual direct premiums written. It has consistently outperformed the industry in key metrics like combined ratio, return on equity, and premium growth over the past 10 years. Intact plans to continue growing organically and through acquisitions, leveraging its scale advantages in pricing, claims management, and distribution. Recent acquisitions of AXA Canada and Jevco have added $2.9 billion in annual premiums and are exceeding expectations.
Intact Financial Corporation is Canada's largest property and casualty insurer, with over $7 billion in annual premiums written. It has leading market shares in several Canadian provinces and outperforms the industry on key metrics like combined ratio, return on equity, and premium growth over both short-term and long-term periods. Intact aims to continue growing organically and through acquisitions while maintaining strong financial performance through initiatives in pricing, claims management, and capital deployment.
Intact Financial Corporation is Canada's largest property and casualty insurer with an estimated 17% market share. The presentation outlines Intact's consistent outperformance compared to industry averages over 10 years in return on equity, combined ratio, and premium growth. Intact attributes its success to significant scale advantages, sophisticated pricing and underwriting, in-house claims expertise, and a proven acquisition strategy. The presentation discusses Intact's financial strength and avenues for future growth through firming market conditions, developing existing platforms, consolidating the Canadian market, and expanding beyond existing markets.
Intact Financial Corporation is Canada's largest property and casualty insurer with an estimated 17% market share. The presentation outlines Intact's consistent outperformance versus the industry through scale advantages, underwriting expertise, and acquisition strategy. Intact has achieved returns on equity 5 points higher than the industry average each year and targets net operating income per share growth of 10% annually. The company is well positioned for further growth through firming market conditions, developing existing platforms, Canadian market consolidation, and potential international expansion.
This document provides an investor presentation for Intact Financial Corporation, a leading property and casualty insurer in Canada. Some key points:
1) Intact has consistently outperformed the industry in terms of return on equity, combined ratio, premium growth, and market share over the past 10 years.
2) Intact aims to beat industry return on equity by 5 points annually through initiatives like pricing and segmentation, claims management, and capital management.
3) Intact has a strong financial position with excess capital, high credit ratings, and a track record of growth and profitability. Management sees opportunities for further industry consolidation.
Intact Financial Corporation is Canada's largest property and casualty insurer, with $6.5 billion in annual premiums. The presentation discusses Intact's strong market position in Canada, consistent outperformance of industry benchmarks, and plans to acquire AXA Canada to further strengthen its business. The acquisition of AXA Canada will increase Intact's premium base by over 40% and accelerate its growth profile through enhanced underwriting capabilities and distribution.
Shopify is an e-commerce platform with over 325,000 active merchants and $3.8 billion in gross merchandise volume (GMV) in Q3 2016. The company has a powerful business model with strong, consistent growth in revenue, monthly recurring revenue (MRR), and GMV driven by an increasing merchant base and expanding offerings. Shopify has a long-term focus on growth through additional solutions, channels, and international expansion while maintaining operating leverage through infrastructure investments.
Intact Financial Corporation is Canada's largest personal and commercial property and casualty insurer. Some key points from the document:
- Intact has over $7.3 billion in annual premiums and leads the market in several Canadian provinces.
- The company has a diversified business across personal and commercial lines as well as different distribution channels.
- Intact aims to outperform the industry in key metrics like return on equity by at least 500 basis points annually through initiatives like pricing segmentation, claims management, and investments.
- The company has an $13.4 billion investment portfolio and a strategy to generate higher returns than peers from active management and preferred exposures.
- Intact will pursue growth organically and through
Intact Financial Corporation is Canada's largest home, auto and business insurer with over $4 billion in annual direct premiums written. It has a dominant market share in Ontario, Quebec, Alberta and Nova Scotia. Intact has consistently outperformed the Canadian P&C insurance industry in terms of premium growth, combined ratios and returns on equity over the past 10 years. The company has a strong financial position with $8.2 billion in invested assets and excess capital of $766 million. Intact plans to continue growing organically through rate increases and expanding its broker relationships, direct and affinity brands. It also aims to participate in industry consolidation through its $1 billion acquisition capacity.
Intact Financial Corporation is Canada's largest home, auto and business insurer, with a 10-year track record of outperforming the industry. It has the largest market share in a fragmented Canadian property and casualty insurance industry. Intact aims to grow its net operating income per share by 10% per year and outperform the industry return on equity by 500 basis points annually through organic growth initiatives and acquisitions like the recent purchase of OneBeacon, which expanded Intact's U.S. presence. Intact maintains a strong financial position with excess capital and high credit ratings to support future growth opportunities.
ITG provides global electronic trading, research, and analytics products. In the first half of 2014, international operations comprised 45% of revenues and over two thirds of pre-tax income, with growth driven by Europe. ITG has a robust balance sheet with $239 million in cash and $24 million in long-term debt. The company's operating model provides attractive opportunities for increased profitability through operating leverage as incremental revenue has margins between 40-50% depending on region.
Intact Financial Corporation presented an investor presentation in March 2010. The presentation highlighted Intact as the dominant property and casualty insurer in Canada, with over $4 billion in direct premiums written. Intact has substantial size and scale advantages over its competitors due to its market share leadership positions in key provinces and a track record of successful acquisitions. The presentation also noted Intact's consistent outperformance of the P&C insurance industry over 10 years in areas like premium growth, combined ratio, and return on equity. Intact aims to continue its strong organic growth through its large broker network and by targeting the growing 50+ demographic market.
This document provides an investor presentation for Intact Financial Corporation, a leading property and casualty insurer in Canada. Some key points:
- Intact has consistently outperformed the P&C industry over the past 10 years in measures like return on equity, combined ratio, and premium growth.
- Intact has a significant scale advantage compared to competitors and employs sophisticated pricing, underwriting, claims management, and distribution strategies.
- Intact's goals are to beat the industry ROE by 5 points annually and achieve 10% net operating income per share growth over time through organic growth, margin improvement, and capital deployment including acquisitions.
The survey of over 100 top dealmakers finds strong confidence in the global M&A market in 2013. North American, European, and Greater China advisors largely expect increased deal activity globally and within their own regions compared to 2012. Key drivers are seen as strong CEO confidence, improving economies, and growing appetite for Chinese outward expansion. In North America, domestic deals and the consumer goods sector are expected to be most active. Greater China advisors anticipate outbound Chinese deals, while European advisors foresee foreign acquisitions in Europe driving activity.
This investor presentation provides an overview of Intact Financial Corporation (IFC), Canada's largest property and casualty insurer. Some key points:
1) IFC has consistently outperformed the industry on measures like return on equity, combined ratio, and premium growth over the past 10 years.
2) IFC aims to continue beating industry ROE by 500 bps annually and growing net operating income per share by 10% per year through initiatives like pricing segmentation, claims management, and acquisitions.
3) IFC has a strong capital position with $904 million in excess capital and a 215% Minimum Capital Test ratio as of Q1 2016. Management plans to continue increasing dividends and share buybacks
- Intact Financial Corporation is Canada's largest home, auto and business insurer with over 5.9 billion in direct premiums written and a 17.3% market share.
- IFC has consistently outperformed the industry over 10 years in terms of premium growth, combined ratio, and return on equity.
- IFC aims to grow its net operating income per share by 10% per year, outperform the industry return on equity by 500 basis points annually, and have over 2 million customer advocates by 2020.
The document discusses Intact Financial Corporation's acquisition of AXA Canada. The key points are:
1) The acquisition strengthens IFC's position as the largest property and casualty insurer in Canada, increasing its premiums by over 40%.
2) The acquisition is financially compelling with an expected internal rate of return of 20% and accretion to net operating income per share.
3) Combining the two companies creates a leading P&C insurer in Canada and provides numerous diversification and synergistic benefits.
This presentation provides an overview of Intact Financial Corporation, a leading property and casualty insurer in Canada. Key points include:
- Intact is the largest P&C insurer in Canada with $6.5 billion in direct premiums written and dominant market positions in several provinces.
- Intact has significant scale advantages over competitors and has consistently outperformed the industry in terms of growth, underwriting results, and returns.
- The company has a strong capital position with excess capital, high credit ratings, and a diversified, high-quality investment portfolio.
- Management's capital priorities are paying dividends to shareholders and pursuing acquisitions to further grow the business.
- Intact Financial Corporation is Canada's largest property and casualty insurer with over $7 billion in annual premiums and market leading positions in several Canadian provinces.
- Intact has consistently outperformed the industry on key metrics like premium growth, combined ratio, and return on equity over the past 10 years due to advantages in scale, underwriting, claims management, and investments.
- Intact plans to continue beating industry ROE by 5 points annually through initiatives in pricing, claims management, organic growth, and capital deployment while reinvesting in the customer experience.
This document provides an investor presentation for Intact Financial Corporation, Canada's largest home, auto, and business insurer. Some key points:
- IFC has the largest market share in the fragmented Canadian P&C insurance industry and has outperformed the industry over 10 years.
- IFC aims to have 2 million customer advocates by 2020 and be one of Canada's most respected and best employer brands. It has met multiple financial targets including 10% annual NOIPS growth.
- IFC recently acquired OneBeacon, expanding its specialty insurance business in both Canada and the US. The acquisition is financially accretive and leverages both companies' expertise.
- IFC maintains a strong financial position with
allstate Quarterly Investor Information 2005 1st Earnings Press Release finance7
Allstate reported a 22% increase in first quarter net income and a 16% increase in operating income per share compared to the first quarter of 2004. Property-liability underwriting income increased 13.4% due to higher premiums and continued declines in auto and homeowner loss frequencies. Allstate is confirming its 2005 operating income per share guidance range of $5.40 to $5.80 despite $164 million in first quarter catastrophe losses, up from $102 million in the first quarter of 2004. Allstate Financial also had a solid quarter with a 15.2% increase in premiums and deposits and 12.9% increase in operating income.
Intact Financial Corporation is Canada's largest property and casualty insurer, with $7 billion in annual direct premiums written. It has consistently outperformed the industry in key metrics like combined ratio, return on equity, and premium growth over the past 10 years. Intact plans to continue growing organically and through acquisitions, leveraging its scale advantages in pricing, claims management, and distribution. Recent acquisitions of AXA Canada and Jevco have added $2.9 billion in annual premiums and are exceeding expectations.
Intact Financial Corporation is Canada's largest property and casualty insurer, with over $7 billion in annual premiums written. It has leading market shares in several Canadian provinces and outperforms the industry on key metrics like combined ratio, return on equity, and premium growth over both short-term and long-term periods. Intact aims to continue growing organically and through acquisitions while maintaining strong financial performance through initiatives in pricing, claims management, and capital deployment.
Intact Financial Corporation is Canada's largest property and casualty insurer with an estimated 17% market share. The presentation outlines Intact's consistent outperformance compared to industry averages over 10 years in return on equity, combined ratio, and premium growth. Intact attributes its success to significant scale advantages, sophisticated pricing and underwriting, in-house claims expertise, and a proven acquisition strategy. The presentation discusses Intact's financial strength and avenues for future growth through firming market conditions, developing existing platforms, consolidating the Canadian market, and expanding beyond existing markets.
Intact Financial Corporation is Canada's largest property and casualty insurer with an estimated 17% market share. The presentation outlines Intact's consistent outperformance versus the industry through scale advantages, underwriting expertise, and acquisition strategy. Intact has achieved returns on equity 5 points higher than the industry average each year and targets net operating income per share growth of 10% annually. The company is well positioned for further growth through firming market conditions, developing existing platforms, Canadian market consolidation, and potential international expansion.
This document provides an investor presentation for Intact Financial Corporation, a leading property and casualty insurer in Canada. Some key points:
1) Intact has consistently outperformed the industry in terms of return on equity, combined ratio, premium growth, and market share over the past 10 years.
2) Intact aims to beat industry return on equity by 5 points annually through initiatives like pricing and segmentation, claims management, and capital management.
3) Intact has a strong financial position with excess capital, high credit ratings, and a track record of growth and profitability. Management sees opportunities for further industry consolidation.
Intact Financial Corporation is Canada's largest property and casualty insurer, with $6.5 billion in annual premiums. The presentation discusses Intact's strong market position in Canada, consistent outperformance of industry benchmarks, and plans to acquire AXA Canada to further strengthen its business. The acquisition of AXA Canada will increase Intact's premium base by over 40% and accelerate its growth profile through enhanced underwriting capabilities and distribution.
Shopify is an e-commerce platform with over 325,000 active merchants and $3.8 billion in gross merchandise volume (GMV) in Q3 2016. The company has a powerful business model with strong, consistent growth in revenue, monthly recurring revenue (MRR), and GMV driven by an increasing merchant base and expanding offerings. Shopify has a long-term focus on growth through additional solutions, channels, and international expansion while maintaining operating leverage through infrastructure investments.
Intact Financial Corporation is Canada's largest personal and commercial property and casualty insurer. Some key points from the document:
- Intact has over $7.3 billion in annual premiums and leads the market in several Canadian provinces.
- The company has a diversified business across personal and commercial lines as well as different distribution channels.
- Intact aims to outperform the industry in key metrics like return on equity by at least 500 basis points annually through initiatives like pricing segmentation, claims management, and investments.
- The company has an $13.4 billion investment portfolio and a strategy to generate higher returns than peers from active management and preferred exposures.
- Intact will pursue growth organically and through
Intact Financial Corporation is Canada's largest home, auto and business insurer with over $4 billion in annual direct premiums written. It has a dominant market share in Ontario, Quebec, Alberta and Nova Scotia. Intact has consistently outperformed the Canadian P&C insurance industry in terms of premium growth, combined ratios and returns on equity over the past 10 years. The company has a strong financial position with $8.2 billion in invested assets and excess capital of $766 million. Intact plans to continue growing organically through rate increases and expanding its broker relationships, direct and affinity brands. It also aims to participate in industry consolidation through its $1 billion acquisition capacity.
Intact Financial Corporation is Canada's largest home, auto and business insurer, with a 10-year track record of outperforming the industry. It has the largest market share in a fragmented Canadian property and casualty insurance industry. Intact aims to grow its net operating income per share by 10% per year and outperform the industry return on equity by 500 basis points annually through organic growth initiatives and acquisitions like the recent purchase of OneBeacon, which expanded Intact's U.S. presence. Intact maintains a strong financial position with excess capital and high credit ratings to support future growth opportunities.
ITG provides global electronic trading, research, and analytics products. In the first half of 2014, international operations comprised 45% of revenues and over two thirds of pre-tax income, with growth driven by Europe. ITG has a robust balance sheet with $239 million in cash and $24 million in long-term debt. The company's operating model provides attractive opportunities for increased profitability through operating leverage as incremental revenue has margins between 40-50% depending on region.
Intact Financial Corporation presented an investor presentation in March 2010. The presentation highlighted Intact as the dominant property and casualty insurer in Canada, with over $4 billion in direct premiums written. Intact has substantial size and scale advantages over its competitors due to its market share leadership positions in key provinces and a track record of successful acquisitions. The presentation also noted Intact's consistent outperformance of the P&C insurance industry over 10 years in areas like premium growth, combined ratio, and return on equity. Intact aims to continue its strong organic growth through its large broker network and by targeting the growing 50+ demographic market.
This document provides an investor presentation for Intact Financial Corporation, the largest property and casualty insurer in Canada. Some key points:
- Intact has over $7 billion in direct premiums written and is the largest P&C insurer in Canada.
- It has a $13.4 billion investment portfolio and a proven track record of acquiring and consolidating other insurers in Canada.
- Intact aims to outperform the P&C industry by beating its return on equity by 5 points annually through initiatives like claims management, pricing and segmentation, and investments and capital management.
Intact Financial Corporation is Canada's largest home, auto and business insurer with over $4 billion in annual direct premiums written. It has a dominant market share in Ontario, Quebec, Alberta and Nova Scotia. Intact has consistently outperformed the Canadian P&C insurance industry in terms of premium growth, combined ratios and returns on equity over the past 10 years. The company has a strong financial position with $8.2 billion in invested assets and excess capital of $766 million. Intact plans to continue growing organically through rate increases and expanding its broker relationships, direct and affinity brands. It also aims to participate in industry consolidation through its $1 billion acquisition capacity.
Intact Financial Corporation is Canada's largest property and casualty insurer with a market share of approximately 17%. Over the past 10 years, IFC has consistently outperformed the industry in key metrics such as return on equity, premium growth, and combined ratio. IFC attributes its success to scale advantages, sophisticated pricing and underwriting, in-house claims expertise, and strategic capital management. IFC aims to continue growing organically and through acquisitions to capitalize on ongoing consolidation opportunities in the fragmented Canadian P&C insurance market.
This document is an investor presentation for Intact Financial Corporation, the largest property and casualty insurer in Canada. Some key points:
- Intact has over $7 billion in direct premiums written and is the largest P&C insurer in Canada.
- It has outperformed the P&C industry over the past 10 years in terms of premium growth, return on equity, and combined ratio.
- Intact aims to continue beating the industry ROE by 5 points annually through initiatives like pricing and claims management improvements.
Intact Financial Corporation is Canada's largest property and casualty insurer, with $7 billion in direct premiums written. It has consistently outperformed the industry over the past 10 years in key metrics like combined ratio, return on equity, and premium growth. Intact plans to continue growing organically and through acquisitions in the fragmented Canadian P&C market. Recent acquisitions of AXA Canada and Jevco have bolstered Intact's capabilities and scale. Intact is well-positioned for further industry consolidation and to maintain its track record of outperforming peers.
Trup investor presentation november 2016 v finaltrupanion
This document summarizes a Trupanion investor presentation from November 2016. Some key points:
- Trupanion provides pet medical insurance with comprehensive lifelong coverage for dogs and cats, including hereditary and congenital conditions. They pay veterinarians directly through their Trupanion Express program.
- The pet medical insurance market in North America is significantly underpenetrated compared to other developed countries like the UK. Trupanion believes their superior product and veterinary relationships position them for continued high growth as the market expands.
- Trupanion has demonstrated strong and predictable growth over time through their recurring subscription model, with 28% year-over-year revenue growth and 21% growth in enrolled pets
Intact Financial Corporation is Canada's largest property and casualty insurer, with $7 billion in annual direct premiums written. It has a 17% market share in a still fragmented Canadian P&C insurance market. Intact has consistently outperformed the industry in key metrics like combined ratio, return on equity, and premium growth over the past 10 years. The company intends to continue growing organically and through acquisitions, while maintaining its strong financial position and shareholder-friendly capital management approach. Recent acquisitions of AXA Canada and Jevco have added scale and are progressing on or ahead of expectations.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow and levels of neurotransmitters and endorphins which elevate and stabilize mood.
Hard Asset Management aims to become the largest facility for buying, selling, storing, and financing hard assets like precious metals and rare coins. It benefits from recurring revenue through fees from these services. CEO Christian Briggs has over 30 years of experience in the industry. The company is registered in Puerto Rico, giving it a low corporate tax rate of 4%. It projects $3-6 million in revenue in 2017.
- Canadian Tire Corporation holds an investor presentation outlining its various retail banners including Canadian Tire, FGL Sports, Mark's, and CT REIT.
- It provides an overview of the strengths and growth strategies for each banner, emphasizing digital innovation, exclusive products, and community engagement.
- Financial highlights for 2015 show overall revenue of $12.3 billion with Canadian Tire representing over half at $6.4 billion and growth across most banners.
This presentation provides an overview of KNOT Offshore Partners LP to investors. It discusses the company's modern fleet of 11 shuttle tankers under long-term contracts, growth potential from dropdown vessels, stable financial performance, the Raquel Knutsen dropdown acquisition, and the favorable shuttle tanker market fundamentals. The presentation also provides context on Knutsen NYK as an industry leader and the role of shuttle tankers in offshore oil production.
This investor presentation provides an overview of Guyana Goldfields Inc. and its Aurora Gold Project. Key highlights include:
- The Aurora Project is expected to produce an average of 194,000 ounces of gold per year over its 17-year mine life at average cash costs of $527/oz, with total production of 3.3 million ounces.
- At a gold price of $1,300/oz, the Aurora Project has an after-tax NPV of $735 million and IRR of 31%, with payback of just over 4 years.
- Guyana Goldfields plans to use a staged approach to develop the Aurora Project, with initial open pit mining and a 5,000 tpd
Integrating Investor Relations Internally - ABF Investor Relations ConferenceKenny Ong
Integrating Investor Relations internally
*Importance of involving employees’ participation in the Investor Relations programme
*Management’s leadership and transparency in promoting and enhancing employees’ cooperation in building corporate values
*Constant interaction as continuous improvement and enforcement in creating shared corporate values
The document is an investor presentation for North American Palladium that provides an overview of the company and investment case. It discusses North American Palladium's Lac des Iles mine expansion which aims to increase production and lower costs. It also summarizes the palladium market fundamentals of constrained supply and rising demand driven by automotive sector growth.
This document provides an investor presentation for Intact Financial Corporation (IFC) from September 2010. IFC is Canada's largest provider of property and casualty insurance, with over $4 billion in annual premiums written. The presentation outlines IFC's strong financial position, industry-leading underwriting performance, and growth strategies. Key points include IFC's consistent outperformance of the Canadian P&C industry benchmarks on measures like combined ratio and return on equity. The presentation also discusses IFC's excess capital position, debt capacity, and acquisition strategy to capitalize on consolidation opportunities in the market. Multiple avenues for organic growth are outlined, including leveraging IFC's multi-channel distribution network and expanding product offerings.
Intact Financial Corporation (IFC) held an investor presentation in August 2010. IFC is Canada's largest provider of property and casualty insurance with over $4 billion in annual premiums. The presentation highlighted IFC's consistent outperformance of the industry through disciplined pricing, underwriting, and capital management. IFC outlined opportunities for future growth through firming market conditions, consolidation in the Canadian P&C market, and expanding its existing distribution platforms and markets.
Intact Financial Corporation presented its investor presentation for June 2010. The presentation highlighted Intact's position as the dominant property and casualty insurer in Canada with over $4 billion in annual premiums written. Intact has a significant scale advantage over its competitors and has consistently outperformed the industry on key metrics like combined ratio and return on equity. The presentation also summarized Intact's strong financial results for the first quarter of 2010, including net operating income per share growth of 62.1% and an annualized return on equity of 16.1%.
The document discusses Intact Financial Corporation's acquisition of AXA Canada. The key points are:
1) The acquisition strengthens IFC's position as the largest property and casualty insurer in Canada, increasing its premiums by over 40%.
2) The acquisition is financially compelling with an expected internal rate of return of 20% and accretion to net operating income per share.
3) Combining the two companies creates a leading P&C insurer in Canada and provides numerous diversification and synergistic benefits.
Intact Financial Corporation is Canada's largest home, auto, and business insurer. Some key points:
- Largest P&C insurer in Canada with $6.5B in direct premiums written and #1 in several provinces.
- Has significant scale advantage as the top 5 insurers represent 42.9% of the market while Intact alone has 16.5% market share.
- Consistently outperforms the industry, with combined ratios 3.8 points lower and return on equity 7.7 points higher over 10 years.
- In the first half of 2011, direct premiums grew 2% and the combined ratio was 96.7% compared to the industry average of
Intact Financial Corporation is Canada's largest home, auto, and business insurer. Some key points:
- Largest P&C insurer in Canada with $6.5B in direct premiums written and #1 in several provinces.
- Has significant scale advantage as the top 5 insurers represent 42.9% of the market while Intact alone has 16.5% market share.
- Consistently outperforms the industry, with combined ratios 3.8 points lower and return on equity 7.7 points higher over 10 years.
- In the first half of 2011, direct premiums grew 2% while maintaining strong underwriting results and a combined ratio 3.3 points better
IFC Investor Presentation September 2011mehradahari
Intact Financial Corporation is Canada's largest home, auto, and business insurer. Some key points:
- Largest P&C insurer in Canada with $6.5B in direct premiums written and #1 in several provinces.
- Has significant scale advantage as the top 5 insurers represent 42.9% of the market while Intact alone has 16.5% market share.
- Consistently outperforms the industry, with combined ratios 3.8 points lower and return on equity 7.7 points higher over 10 years.
- In the first half of 2011, direct premiums grew 2% while maintaining strong underwriting results and a combined ratio 3.3 points better
Intact Financial Corporation is Canada's largest property and casualty insurer, with $6.5 billion in direct premiums written. The presentation outlines Intact's leading market position, consistent outperformance of industry benchmarks, and strong financial position. Intact also details its acquisition of AXA Canada, which will strengthen its scale, diversification, and industry-leading performance, positioning Intact for continued growth.
Intact Financial Corporation is acquiring AXA Canada to become the largest P&C insurer in Canada. The acquisition strengthens Intact's position with over $6.5 billion in annual premiums and enhances its expertise in commercial lines and in provinces like Quebec. The combination improves diversification and is expected to outperform the industry's return on equity by at least 500 basis points annually due to synergies and underwriting performance. The acquisition maintains Intact's strong financial position and is financially compelling with an internal rate of return of 20% and accretion to earnings per share.
Intact Financial Corporation is Canada's largest personal and commercial property and casualty insurer. The document summarizes Intact's acquisition of AXA Canada, which will make Intact significantly larger. The acquisition is a strong strategic fit that will boost Intact's premiums by over 40% and bolster its risk selection, claims management, and distribution capabilities. It is financially compelling with an expected internal rate of return of 20% and accretion to earnings. The combined company will have a leading market position and outperform industry benchmarks for return on equity and combined ratio, maintaining a strong financial position.
- Intact Financial Corporation is Canada's largest personal and commercial property and casualty insurer, with over $6.5 billion in annual premiums written.
- Intact has a significant scale advantage over its competitors, holding a 16.5% market share that is over twice as large as its closest competitor.
- Intact has consistently outperformed the top 20 P&C insurers in Canada over the past 10 years across key metrics like combined ratio, premium growth, return on equity, and loss ratios.
Ifc investor presentation november 2011VMS Ventures
- Intact Financial Corporation is Canada's largest personal and commercial property and casualty insurer, with over $6.5 billion in annual premiums written.
- Intact has a significant scale advantage over its competitors, holding a 16.5% market share that is over twice as large as its closest competitor.
- Intact has consistently outperformed the top 20 P&C insurers in Canada over the past 10 years across key metrics like combined ratio, premium growth, return on equity, and loss ratios.
Intact Financial Corporation is Canada's largest property and casualty insurer with over $6.5 billion in direct premiums written. It has leading market shares in Ontario, Quebec, Alberta, and Nova Scotia. Intact has consistently outperformed the industry over the past 10 years on key metrics like premium growth, combined ratio, and return on equity. The presentation outlines Intact's scale advantages, diverse brand portfolio, and growth strategies in personal, commercial, and specialty lines of insurance to build on its leading market position in Canada.
The Korea Fund saw a 9.86% rally in the third quarter of 2012, driven by actions from the ECB and Fed to support the Eurozone and US economies. The fund underperformed its benchmark by 245 basis points due to stock picks in consumer discretionary, industrials, and quality/value styles outperforming growth and large caps. Materials and healthcare stock picks contributed most to performance while consumer discretionary and industrials detracted. The Korean won appreciated against the dollar and may continue strengthening.
The Korea Fund underperformed its benchmark, the MSCI Korea Index, in the fourth quarter of 2012 by 39 basis points. Within sectors, stock picks in consumer discretionary hurt performance while selections in industrials and an underweight in financials helped. Growth stocks strongly outperformed value stocks last quarter, contrasting the third quarter. The Fund initiated positions in selected IT and consumer names and exited a credit card company due to regulatory changes.
The Korea Fund underperformed the MSCI Korea benchmark in the second quarter of 2012, with the MSCI Korea dropping sharply by 8.6% in USD terms. Foreign investors sold a net $5 trillion worth of Korean equities, though the Korean won depreciated only moderately against the USD. During the quarter, the Fund outperformed its benchmark by 42 basis points due to strong stock picks in consumer discretionary, while IT and materials detracted. Quality stocks outperformed in the volatile market conditions, with low debt, low volatility stocks performing well.
1) The document discusses a presentation given at Citi's 23rd Annual Transportation Conference in November 2008.
2) It provides an overview of CSX's current financial performance and outlook, noting that while volume has declined, pricing momentum and productivity initiatives have helped sustain earnings growth.
3) It acknowledges economic headwinds but expresses confidence that CSX's diverse business portfolio and focus on operational excellence will allow it to continue generating strong free cash flow through the downturn.
1) The document discusses CSX Corporation's presentation at the Citi 23rd Annual Transportation Conference in November 2008.
2) It notes that while CSX's financial momentum remains strong, the overall economic environment is weakening, particularly in housing, automotive, and industrial sectors.
3) However, CSX believes the fundamentals of its business strategy ("Rail Renaissance") remain intact and it can maintain its focus on shareholder value through balanced capital deployment and priorities like productivity, growth, and price increases above inflation long-term.
1. Demographic changes, especially the aging of America and growth of ethnic markets, were seen as the most significant industry trends according to survey respondents.
2. Work site and bank sales channels were also viewed as opportunities for growth.
3. Translating strategy into effective expense management and technology use remains a challenge for some companies, despite most having clear strategic visions.
Similar to Investor presentation february_2011 (20)
Intact Financial Corporation is Canada's largest home, auto and business insurer, with a 10-year track record of outperforming the industry. It aims to achieve a combined ratio in the low 90s, exceed industry return on equity by 5 points, and grow net operating income per share by 10% per year over time through organic growth, margin improvement and claims management. The acquisition of OneBeacon expanded Intact's presence in attractive specialty insurance lines in the US and provides a more balanced portfolio and geographic diversification.
Intact Financial Corporation is Canada's largest home, auto and business insurer, with a 17% market share in a fragmented industry. It has consistently outperformed the industry in terms of premium growth, combined ratio, and return on equity over the past 10 years. Intact aims to further improve profitability and grow its specialty solutions business in North America through organic growth initiatives and the recent acquisition of OneBeacon, which expanded its U.S. presence.
The document provides an investor presentation for Intact Financial Corporation, Canada's largest home, auto, and business insurer. Some key points:
- IFC has consistently outperformed the industry over the past 10 years in areas like premium growth, combined ratio, and return on equity.
- IFC aims to have 3 out of 4 customers as advocates who actively engage digitally, achieve a combined ratio in the low 90s, and exceed industry ROE by 5 points in Canada and the U.S.
- IFC has achieved its target of 10% annual growth in net operating income per share. It has also regularly exceeded its target of outperforming industry ROE by 500 basis points.
- Intact Financial Corporation is Canada's largest home, auto and business insurer with a 17.3% market share in a fragmented industry.
- IFC has consistently outperformed the industry over the past 10 years in terms of premium growth, combined ratio, and return on equity.
- IFC aims to continue growing profitably through organic growth, margin improvement, claims management, pricing and segmentation, and investments and capital management.
This investor presentation provides an overview of Intact Financial Corporation (IFC), Canada's largest provider of property and casualty insurance. Some key points:
- IFC has consistently outperformed the industry on key metrics like return on equity, combined ratio, and premium growth over the past 10 years.
- IFC's strategies for continued outperformance include sophisticated pricing, in-house claims expertise, and leveraging its scale advantage. It aims to beat the industry ROE by 500 bps annually.
- IFC has a strong financial position with over $857 million in excess capital and investment portfolio of high quality fixed income securities.
- The presentation outlines IFC's strategies for organic growth, consolidation
Intact Financial Corporation is Canada's largest property and casualty insurer with over $7 billion in direct premiums written annually. It has a leading market share position in several Canadian provinces and distinct insurance brands. The presentation outlines Intact's strategy to continue outperforming the Canadian P&C industry through initiatives like pricing segmentation, claims management, and organic growth. Intact also intends to pursue further industry consolidation and expanding its direct business. The company has a strong financial position and track record of acquisitions that has positioned it for continued growth.
Intact Financial Corporation plans to acquire Canadian Direct Insurance for $197 million in cash. The acquisition will expand Intact's direct auto and home insurance operations across Canada. It is expected to have an internal rate of return above 15% and be immediately accretive to net operating income per share by 2%. The combined company will have over $1.1 billion in direct premiums written. Intact will maintain a strong capital position with an estimated minimum capital test ratio above 200% following the acquisition.
Présentation aux investisseurs (anglais seulement) novembre 2014Intact
Intact Financial Corporation is Canada's largest property and casualty insurer, with over $7 billion in annual premiums written. It has leading market shares in several Canadian provinces and outperforms the industry on key metrics like combined ratio, return on equity, and premium growth over both short-term and long-term periods. Intact aims to continue growing organically and through acquisitions while maintaining strong financial performance through initiatives in pricing, claims management, and capital deployment.
Présentation aux investisseurs (anglais seulement) decembre 2013Intact
Intact Financial Corporation is Canada's largest property and casualty insurer, with $7 billion in direct premiums written. It has consistently outperformed the Canadian P&C industry over the past 10 years in key metrics like return on equity, direct premium growth, and combined ratio. Intact aims to continue growing organically and through acquisitions in both personal and commercial insurance while maintaining its competitive advantages of scale, sophisticated pricing, claims expertise, and relationships.
Intact Financial Corporation is Canada's largest property and casualty insurer, with a 17.1% market share. Over the past 10 years, Intact has consistently outperformed the Canadian P&C industry in key metrics such as return on equity, direct premiums written growth, and combined ratio. Intact attributes its strong performance to significant scale advantages, sophisticated pricing and underwriting, multi-channel distribution, proven acquisition strategy, in-house claims expertise, and broker relationships.
Presentation aux investisseurs (anglais seulement) septembre 2013Intact
Intact Financial Corporation is Canada's largest property and casualty insurer, with $7 billion in direct premiums written. It has consistently outperformed the industry over the past 10 years in key metrics like combined ratio, return on equity, and premium growth. Intact plans to continue growing organically and through acquisitions in the fragmented Canadian P&C market. Recent acquisitions of AXA Canada and Jevco have bolstered Intact's capabilities and scale. Intact is well-positioned for further industry consolidation and to maintain its track record of outperforming peers.
2. Forward-looking statements
Certain of the statements in this document about the company’s current and future plans, expectations and intentions, results, levels of activity, performance,
goals or achievements or any other future events or developments constitute forward-looking statements. The words “may”, “will”, “would”, “should”, “could”,
“expects”, “plans”, “intends”, “trends”, “indications”, “anticipates”, “believes”, “estimates”, “predicts”, “likely” or “potential” or the negative or other
variations of these words or other similar or comparable words or phrases, are intended to identify forward-looking statements. Forward-looking statements are
based on estimates and assumptions made by management based on management’s experience and perception of historical trends, current conditions and
expected future developments, as well as other factors that management believes are appropriate in the circumstances. Many factors could cause the
company’s actual results, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-
looking statements, including, without limitation, the following factors: the company’s ability to implement its strategy or operate its business as management
currently expects; its ability to accurately assess the risks associated with the insurance policies that the company writes; unfavourable capital market
developments or other factors which may affect the company’s investments and funding obligations under its pension plans; the cyclical nature of the P&C
insurance industry; management’s ability to accurately predict future claims frequency; government regulations; litigation and regulatory actions; periodic
negative publicity regarding the insurance industry; intense competition; the company’s reliance on brokers and third parties to sell its products; the
company’s ability to successfully pursue its acquisition strategy; its ability to execute its business strategy; the company’s participation in the Facility
Association (a mandatory pooling arrangement among all industry participants); terrorist attacks and ensuing events; the occurrence of catastrophic events;
the company’s ability to maintain its financial strength ratings; the company’s ability to alleviate risk through reinsurance; the company’s ability to successfully
manage credit risk (including credit risk related to the financial health of reinsurers); the company’s reliance on information technology and
telecommunications systems; the company’s dependence on key employees; general economic, financial and political conditions; the company’s dependence
on the results of operations of its subsidiaries; the volatility of the stock market and other factors affecting the company’s share price; and future sales of a
substantial number of its common shares. All of the forward-looking statements included in this document are qualified by these cautionary statements. These
factors are not intended to represent a complete list of the factors that could affect the company; however, these factors should be considered carefully, and
readers should not place undue reliance on forward-looking statements made herein. The company and management have no intention and undertake no
obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Important notes:
All references to direct premiums written (“DPW”) in this document exclude industry pools, unless otherwise noted.
All references to “excess capital” in this document include excess capital in the P&C insurance subsidiaries at 170% minimum capital test (“MCT”) plus liquid
assets in the holding company, unless otherwise noted.
Catastrophe claims are any one claim, or group of claims, equal to or greater than $5.0 million, related to a single event.
All underwriting results and related ratios exclude the MYA, except if noted otherwise.
2
3. Canada’s leader in auto, home and business insurance
Who we are Distinct brands
• Largest P&C insurer in Canada
• $4.5 billion in direct premiums written
• #1 in Ontario, Québec, Alberta, Nova Scotia
• Substantial size and scale advantage
• 11 successful acquisitions since 1988
• $8.7 billion cash and invested assets
Scale advantage Industry outperformer
2009 Direct premiums written1
($ billions) Top five insurers
$4.2 represent 36% 10-year performance – IFC
$3.4 of the market IFC vs. P&C Industry1 outperformance
$2.2 $2.1
$1.9
Premium growth 1.7 pts
Combined ratio2 3.8 pts
Intact Aviva Co-operators TD RSA
Canada General Meloche
Market
11.0% 8.8% 5.8% 5.5% 4.9%
Return on equity3 7.5 pts
share
1 Industry data source: MSA Research excluding Lloyd’s, ICBC, SGI, SAF, MPI and Genworth
2 Combined ratio includes the market yield adjustment (MYA)
3 ROE is for Intact’s P&C insurance subsidiaries 3
4. Consistent industry outperformance
Significant Sophisticated In-house claims Broker Multi-channel Proven
scale pricing and expertise relationships distribution acquisition
advantage underwriting track record
2009 combined ratios Five-year average loss ratios
Industry Intact
106% 75%
104.8% 71.5% 71.3% 72.5%
Cdn. P&C
70%
104% industry average 65.1%
=101.7% 65% 61.6%
102% 60%
54.8%
99.7% 55%
100%
50%
98% 45%
40%
96%
35%
Top 10
(average) 30%
Auto Personal Property Commercial P&C
Source: MSA Research 2009
Data in both charts are for the year ended December 31, 2009
Industry results exclude Lloyd’s, ICBC, SAF, SGI, MPI, Genworth and Mutuals in Quebec
Includes market yield adjustment (MYA)
4
5. We continue to outperform the industry
Operating highlights: Comparison with Canadian P&C
Full year 2010 results industry1 benchmark YTD Q3-10
Intact Top 20
• Net operating income per share of $3.47 105%
103.0%
or 47.7% higher than 2009 due to 102%
improved underwriting performance 99%
96.6%
96%
• Solid overall combined ratio of 95.4% 93%
• Growth of 5.2% based on contributions 90%
from all lines of business Combined ratio (including MYA)
20%
• Book value per share growth of 10.0% 15%
14.3%
during the past 12 months
10%
• Return on equity of 13.9% in 2010 6.9%
5%
• Quarterly dividend increased for the
sixth consecutive year; up 8.8% to $0.37 0%
Return on equity
per share 6%
5.1%
5% 4.8%
1. Industry data source: MSA Research excluding Lloyd’s and Genworth 4%
Direct premiums written growth
5
6. Q4 and FY-2010 Financial highlights
Q4-2010 Q4-2009 Change 2010 2009 Change
(in $ millions, except as otherwise noted)
Direct premiums written $1,062.2 $1,011.4 4.8% $4,498.1 $4,274.9 5.2%
Net underwriting income $21.8 $56.0 (61.1)% $193.8 $54.0 258.9%
Combined ratio 98.0% 94.6% 3.4 pts 95.4% 98.7% (3.3) pts
Net operating income $0.70 $0.82 (14.6)% $3.47 $2.35 47.7%
per share (in dollars)
Earnings per share $0.87 $0.81 7.4% $3.65 $1.06 244.3%
(in dollars)
Trailing 12-month 13.2% 9.2% 4.0 pts
operating ROE
• 98.0% combined ratio for the quarter primarily reflects the increased level of catastrophe
losses; relating to both current and prior period events
• Operating ROE of 13.2% (ROE of 13.9%) with 10% increase in book value per share in 2010
• Premium growth continued at a steady pace; 4.8% for the quarter and 5.2% for the full year
6
7. Strong financial position and excess capital
Strong balance sheet $8.7 billion in cash and invested assets
Loans
• Excess capital of $809 million, based on 170% MCT Cash and short 4.0%
term notes 6.3%
• As at December 31, 2010, the debt to total capital
ratio was 13.9%. Based on a debt to total capital Common shares
ratio of 20%, approximately $271.4 million of 12.9%
additional debt capacity remains Fixed income
• Solid ratings from A.M. Best, Moody’s and DBRS Preferred shares
61.1%
• Adequate claims reserves evidenced by consistent 15.7%
favourable development
Note: Invested asset mix is net of hedging positions
Acquisition capacity ($ millions) High-quality investment portfolio
Excess capital at December 31, 20101 $809 • 98.6% of bonds are rated A or better
• 80.0% of preferred shares are rated P1 or P2
Remaining debt capacity2 $271 • Minimal U.S. exposure
• No leveraged investments
(without
Total acquisition capacity issuing equity)
Approx. $1.1 b
All figures as at December 31, 2010 unless otherwise noted
1 Excess capital over MCT of 170%
2 At 20% debt-to-total capital. Remaining debt capacity at December 31, 2010
7
8. 12-month industry outlook
We remain well-positioned to continue outperforming the Canadian P&C
insurance industry in the current environment
• Industry premiums are likely to increase at a similar pace as in 2010, with
Premium growth mid-single digit growth in personal auto (driven by Ontario); upper-single
digit growth in personal property (reflecting the impact of water-related
losses and more frequent and/or severe storms); and low single digit
growth in commercial lines (with no acceleration from 2010)
• As a result of IFC’s disciplined pricing strategy, we are well-positioned to
grow organically as other companies reduce their appetite for new
business and market pricing becomes more rational
• Despite the potential combined ratio improvement (driven by personal
Underwriting lines), we do not expect the industry to earn an underwriting profit in the
next 12 months
• Our scale and pricing strategy have historically translated into a combined
ratio advantage versus the industry
• We do not expect improvement in industry ROEs in the near term (~7% at
Return on equity the end of Q3-2010), as low yields could offset potential CR improvement
• We believe the IFC is likely to outperform the industry’s ROE by at least
500 basis points in the next 12 months
8
9. Four distinct avenues for growth
Benefit from firming market conditions Develop existing platforms
Personal lines • Continue to expand support to
• Industry premiums remain inadequate in ON auto our broker partners
• Home insurance premiums also on the rise
• Expand and grow belairdirect
Commercial lines and Grey Power
• Evidence of price firming in the past year
• Transform BrokerLink by
• Opportunity to gain share in mid-market
leveraging scale
Consolidate Canadian P&C market Expand beyond existing markets
Capital Principles
• Approx. $1.1 billion of total acquisition capacity • Financial guideposts: long-term customer growth, IRR>20%
• Stepped approach with limited near-term capital outlay
Strategy • Build growth pipeline with meaningful impact in 5+ years
• Grow areas where IFC has a competitive advantage Strategy
Opportunities • Enter new market in auto insurance by leveraging strengths:
(1) pricing, (2) claims, (3) online expertise
• Global capital requirements becoming more stringent
Opportunities
• Industry underwriting results remain challenged • Emerging markets or unsophisticated targets in mature
• Continued difficulties in global capital markets markets
9
10. Strong organic growth potential through multi-channel
distribution
#1 Broker insurance company in Canada Targeting growing 50+ population
• Network of more than 1,800 brokers in In 10 yrs,
Canada 25% of the
• Brokers in Canada own the commercial Canadian
market and maintain large share of population
personal lines • Operating in ON and AB will be
• Many customers prefer the personalized 50 years+
• 20% + growth since 2008
service and choice offered by a broker or • Web and call centres
agent
Growth opportunity: expand support to our broker partners Growth opportunity: expand market share
1/3 Canadians to buy insurance online1 Leveraging scale in distribution
• #1 brand awareness in ON • Proprietary brokers with
and PQ $500 million in direct
premiums written and over
• Growing at ~10% per year 200,000 customers
• Operating in ON and PQ • More than 55 offices in ON
• Leveraging explosive and AB
growth of the internet 1 World Insurance Report, Capgemini. 1 in 10
customers say they use the internet to buy
insurance, 1 in 3 wants to use it to buy
insurance within 3 years
Growth opportunity: geographic expansion potential 10 Growth opportunity: leverage scale in sales, marketing and technology
11. Conclusion
Disciplined pricing, underwriting, investment and capital
management have positioned us well for the future
• Largest P&C insurance company with substantial scale advantage in the market
• Strong financial position
• Excellent long-term earnings power
• Organic growth platforms easily expandable
• M&A environment more conducive to consolidation
• Well-positioned as industry pricing conditions continue to improve
11
13. P&C insurance is a $39 billion market in Canada
3% of GDP in Canada Industry DPW by line of business
• Fragmented market, top five less than 36%, versus bank/lifeco Home Commercial
markets which are closer to oligopoly insurance, P&C, 26.9%
18.4%
• Brokers continue to own commercial lines and large share of personal
lines in Canada; direct-to-consumer channel growing
• Barriers to entry – scale, regulation, manufacturing capability,
market knowledge Commercial
other, 8.4%
• Home/business insurance rates unregulated; personal auto rates
regulated in some provinces
• Capital is regulated nationally by OSFI
• 30-year ROE for the industry is approximately 10% Automobile,
46.3%
Brokers dominate; direct growing1 Industry - Premiums by province
Direct, 20% Alberta, 17%
Quebec, 17%
British
Columbia, 9%
Eastern
Provinces &
Territories,
7%
Agent, 13%
Prairies, 3%
Independent
broker, 67% Ontario, 47%
OSFI = Office of the Superintendent of Financial Institutions
1 Industry data source: MSA data excluding Lloyd’s, ICBC, SAF, SGI, MPIC, Genworth,
Promutual Re and Mutuals in Quebec. All data as at the end of 2009. 13
15. Further consolidation in Canadian P&C market likely
Acquisition strategy Top 20 P&C insurers = 82% of market
• Targeting large-scale acquisitions of $500 million or Canadian
private, 10%
more (direct premiums written) IFC, 11%
• Pursuing acquisitions in lines of business where we Non-top 20, 18%
Canadian
have expertise mutuals, 11%
• Acquisition target IRR of 15%
• Targets:
− Bring loss ratio of acquired book of business to our Bank-owned, 8%
average loss ratio within 18-24 months
− Bring expense ratio to 2 pts below IFC ratio Canadian public
Foreign-owned (excl. IFC), 7%
Approximate public, 35%
Size of
Acquisition
(1) Source: MSA Research; excluding Lloyd’s and Genworth (based
(DPW)
($ millions)
on 2009 DWP)
Acquisition Year of Acquisition
Allianz Canada (Personal and Small to
Medium Commercial Lines)
Zurich (Personal and Small Commercial
2004 600
M&A environment
Lines) 2001 510
Pafco (Niche Products) 1999 40
Guardian 1998 630
Environment more conducive to acquisitions now
Canada Surety Personal Lines (Selected
Provinces) 1997 30
than in recent years:
Wellington 1995 370
• Industry ROEs, although improved from trough
St. Maurice 1994 30
levels of mid-2009, are well below prior peak
Constitution 1992 30
Metropolitan General 1991 10
• Foreign parent companies are generally in less
Commerce Group/belair 1989 290
favourable capital position
Western Union 1988 60
15
16. Historical financials
2010 2009 2008 2007 2006
Income statement highlights
Direct written premiums (excluding pools) $4,498 $4,275 $4,146 $4,109 $3,994
Underwriting income (excluding MYA*) 194 54 117 189 404
Net operating income (excluding MYA*) 399 282 361 457 531
Net operating EPS (excluding MYA*) 3.47 2.35 2.96 3.61 3.97
Balance sheet highlights
Total invested assets $8,515 $7,997 $6,109 $7,238 $7,242
Debt 496 398 0 0 0
Total shareholders' equity (ex-AOCI) 2,983 3,047 3,079 3,290 3,421
Performance metrics
Loss ratio (excluding MYA*) 65.4% 70.0 % 68.2 % 66.2 % 59.1 %
Expense ratio 30.0% 28.7 % 28.9 % 29.0% 30.3%
Combined ratio (excluding MYA*) 95.4% 98.7% 97.1% 95.2% 89.4%
Net operating ROE (excl. AOCI) 13.2% 9.2% 11.3% 13.6% 16.8%
Debt / Capital 13.9% 11.8% 0.0% 0.0% 0.0%
Combined ratios by line of business (excl. MYA)
Personal auto 98.1% 94.9% 95.9% 94.5% 87.3%
Personal property 96.5% 109.0% 113.6% 102.2% 100.0%
Commercial auto 86.0% 79.8% 87.2% 93.7% 86.9%
Commercial P&C 90.7% 104.1% 85.3% 90.1% 85.2%
* The market yield adjustment (MYA) reflects the impact of changes in the discount rate applied to the company's claims liabilities, as determined by the
market-based yield of the underlying assets.
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17. Strategic capital management
• Strong capital base has allowed us to pursue
our growth objectives while returning capital
to shareholders Quarterly dividend
Capital priorities 8.8%
6.3%
3.2%
0.40 $0.370
• Acquisitions 14.8%
$0.340
0.35 8.0% $0.320
$0.310
• Dividends 0.30 53.8% $0.270
• Share buybacks 0.25
$0.250
0.20
$0.1625
Share buyback history 0.15
0.10
• 2011 – Board authorized renewal 0.05
of NCIB for an additional 5% -
2005 2006 2007 2008 2009 2010 2011
• 2010* – Repurchased 9.5 million
shares for a total of $425 million
• 2008 – Repurchased 4.6 million
shares for a total of $176 million
• 2007 – $500 million Substantial
Issuer Bid
* Feb. 21, 2010 – Feb. 10, 2011
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18. Cash and invested assets
Asset class
Fixed income Preferred shares
Federal government and agency 32.7% Fixed perpetual 44%
Corporate 30.4% Perpetual and callable floating
Cdn. Provincial and municipal 27.8% and reset 38%
Supranational and foreign 7.9% Fixed callable 19%
ABS/MBS 1.1% TOTAL 100%
Private placements 0.1%
TOTAL 100% Quality: 100% Canadian
Approx. 80% rated P1 or P2
Canadian 88%
United States 1%
Int’l (excl. U.S.) 11% Common shares
TOTAL 100%
Quality: 98.6% of bonds rated A or better High-quality, dividend paying Canadian 100% Canadian
companies. Objective is to capture non-
taxable dividend income
As of December 31, 2010
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19. Long-term track record of prudent reserving practices
Rate of claims reserve development
• Quarterly and annual (favourable prior year development as a % of opening reserves)
fluctuations in reserve
9%
development are normal 7.9%
8%
• 2005/2006 reserve development 7%
was unusually high due to the 6%
4.9% 4.8%
favourable effects of certain auto 5%
4.0%
insurance reforms introduced 4%
3.3% 3.2%
2.9%
during that time period 3%
2%
• This reflects our preference to 1%
take a conservative approach to 0%
managing claims reserves 2004 2005 2006 2007 2008 2009 2010
Historical long-term average has
been 3% to 4% per year
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20. Experienced and united leadership team
Years In Years With
Industry IFC
Brindamour, Charles President & CEO 18 18
Beaulieu, Martin SVP, Personal Lines 22 22
Black, Susan SVP, Chief HR Officer 3 3
Blair, Alan SVP, Atlantic Canada 26 15
Coull-Cicchini, Debbie SVP, Ontario 6 6
Désilets, Claude Chief Risk Officer 29 21
Gagnon, Louis President, Intact Insurance 18 4
Garneau, Denis SVP, Quebec 22 8
Guénette, Françoise SVP, Corporate & Legal Services 22 13
Guertin, Denis President, Direct to Consumers Distribution 25 25
Hindle, Byron SVP, Commercial Lines 32 11
Iles, Derek SVP, Western Canada 38 19
Lincoln, David SVP, Corporate Audit Services (Canada) 32 13
Ott, Jack SVP, Chief Information Officer 29 14
Pontbriand, Marc Executive Vice President 12 12
Provost, Marc SVP & Managing Director IIM and Chief Investment Officer 27 13
Tullis, Mark Chief Financial Officer 32 11
Weightman, Peter President, Canada Brokerlink 24 24
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21. Investor Relations contact information
Dennis Westfall
Director, Investor Relations
Phone: 416.341.1464 ext 45122 Cell: 416.797.7828
Email: Dennis.Westfall@intact.net
Email: ir@intact.net
Phone: 416. 941.5336 or 1.866.778.0774 (toll-free within North America)
Fax: 416.941.0006
www.intactfc.com/Investor Relations
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