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
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 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 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 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 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 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.
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 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 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 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 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 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 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 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.
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 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.
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 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.
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 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.
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
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.
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.
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
- 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.
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 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 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 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.
This document provides an overview and summary of Synacor's business strategy and growth opportunities. It outlines Synacor's mission to help customers better engage with consumers. It discusses Synacor's two primary sources of revenue: search and advertising, and recurring and fee-based services. These include multi-platform portal experiences, email/collaboration, video platform/cloud ID, and advertising solutions. The document also summarizes Synacor's growth agenda and financial targets, outlining its path to achieving $300 million in revenue and $30 million in EBITDA within three years.
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.
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.
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.
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 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.
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 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.
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 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.
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 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.
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
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.
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.
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
- 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.
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 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 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 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.
This document provides an overview and summary of Synacor's business strategy and growth opportunities. It outlines Synacor's mission to help customers better engage with consumers. It discusses Synacor's two primary sources of revenue: search and advertising, and recurring and fee-based services. These include multi-platform portal experiences, email/collaboration, video platform/cloud ID, and advertising solutions. The document also summarizes Synacor's growth agenda and financial targets, outlining its path to achieving $300 million in revenue and $30 million in EBITDA within three years.
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.
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.
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.
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 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.
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 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 $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.
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.
- 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.
Intact Financial Corporation is Canada's largest home, auto and business insurer. It has $6.5 billion in annual premiums and is the largest insurer in several Canadian provinces. Intact has consistently outperformed the Canadian property and casualty insurance industry over the past 10 years in key metrics like combined ratio, premium growth and return on equity. The presentation outlines Intact's scale advantages, investment portfolio, growth strategies and outlook for continued industry outperformance.
This document is an investor presentation from Intact Financial Corporation outlining their business profile and strategy. The key points are:
1) Intact is the largest property and casualty insurer in Canada with $7 billion in direct premiums written and leading market shares across several provinces.
2) Intact has consistently outperformed the industry in terms of premium growth, combined ratio, and return on equity over the past 10 years, demonstrating scale advantages and underwriting expertise.
3) The presentation outlines Intact's strategic priorities of growing organically and through acquisitions, maintaining a strong capital position to pursue opportunities, and returning capital to shareholders through dividends and share buybacks.
- 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 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 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.
TIM Brasil Full Year 2011 Preliminary Results & 2012-14 Plan Outline - L. Luc...Gruppo TIM
Telecom Italia outlined TIM Brasil's full-year 2011 results and 2012-2014 plan. Key highlights include:
- TIM Brasil achieved strong growth in 2011, with a 18% increase in revenues. The customer base expanded 56% to over 13 million lines.
- The plan aims to leverage TIM Brasil's mobile leadership through "Mobile over Fixed" and pushing fixed-mobile substitution. This will drive revenue growth towards a 60/40 split between mobile and fixed.
- Three growth opportunities were identified in broadband: 1) expanding fixed-mobile substitution for voice, 2) growing the fixed-mobile substitution for data through TIM's mobile internet offerings, and 3) selectively targeting the A
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.
Telecom Italia – TIM Brasil FY 2011 Preliminary Results and 2012‐14 Plan Outl...Gruppo TIM
- Telecom Italia's TIM Brasil subsidiary reported strong growth in its full-year 2011 preliminary results, with increases in customer base, revenues, EBITDA, and market share.
- TIM Brasil's 2012-2014 plan aims to continue this growth trajectory through expanding its customer base, prioritizing simplicity and efficiency in its marketing strategies, and increasing revenues from both voice and data services.
- Key drivers of growth included a focus on prepaid voice and internet plans, which helped drive significant increases in total voice traffic volumes and daily unique internet users.
The document provides an overview of Bank of America's Global Business & Financial Services division. It summarizes several key business lines including Middle Market Banking, Business Banking, Commercial Real Estate Banking, and others. For each business line, it provides revenue, net income, loans, deposits and other metrics for 2004. It also outlines the division's integrated operating model and global footprint.
Goldman Sachs Presentation at the Credit Suisse 2009 Financial Services Confe...Manya Mohan
The document summarizes Goldman Sachs' presentation at the 2009 Credit Suisse Financial Services Conference. It provides an overview of Goldman Sachs' 2008 financial highlights including net revenues of $22.2 billion, net earnings of $2.3 billion, and return on equity of 4.9%. It then discusses Goldman Sachs' performance excluding fair value losses and credit valuation adjustments. The presentation also reviews Goldman Sachs' business segment performance from 2003-2008 and provides details on risk management and capital management. It emphasizes Goldman Sachs' conservative financial positioning and liquidity and funding. Finally, it outlines future opportunities for Goldman Sachs going forward.
This document outlines Telecom Italia's 2012-2014 plan for its subsidiary TIM Brasil. It summarizes TIM Brasil's strong growth over the past three years in key metrics like customer base, revenues, EBITDA, and market share. The plan aims to continue this momentum by pursuing three strategies: community expansion to grow the customer base to 90 million lines, leveraging the "Voice is Good" and "Internet for All" concepts to increase voice usage and data adoption, and capitalizing on the fixed-mobile substitution opportunity in Brazil through fiber investments. The integration of TIM's mobile network with AES Atimus' fiber infrastructure will allow TIM to offer broadband and WiFi services nationwide to further its
1. Santander Chile outlines its strategy from 2011-2013 to deepen its focus on commercial banking, especially middle-upper income individuals and mass market customers, by expanding client bases and cross-selling more products.
2. The strategy also aims to improve client relationship management and expand efficiently while managing risks conservatively.
3. Santander Chile targets solid growth and sustainable returns through this strategy by achieving double digit annual growth in key metrics like cross-sold clients and net operating income after provisions.
The document provides an overview of an investment bank's performance in 2011. It discusses near record financial results including revenue of $26.3 billion and earnings of $6.8 billion. It highlights the bank's leadership positions in various markets including #1 in global investment banking fees for the third consecutive year. The document also outlines strategic initiatives for 2011 including expanding the international footprint and completing an acquisition. It discusses positioning for regulatory changes and maintaining expense discipline to enable continued investment.
Thiet ke Bao cao thuong nien -Vina 2010 (vnl)Viết Nội Dung
VNL's annual report for 2010 showed:
1) VNL achieved a 3.2% increase in NAV per share to $1.36, reversing losses from the previous year, driven by sales of residential units.
2) Vietnam's real estate market saw strong performance in low and mid-range residential sectors and improved hospitality, while office and retail remained slow.
3) The Chairman notes investors remain concerned about Vietnam's macro issues and want clarity on performance and the manager's ability to realize proceeds and return value to shareholders.
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 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.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
2. Canada’s leader in auto, home and business insurance
Who we are1 Distinct brands
• Largest P&C insurer in Canada
• $6.5 billion in direct premiums written
• #1 in BC, Alberta, Ontario, Quebec, Nova Scotia
• $11.8 billion cash and invested assets
• Proven industry consolidator
Scale advantage Industry outperformer
2011 Direct premiums written2
($ billions) Top five insurers
represent 43.1% 10-year performance – IFC
of the market IFC vs. P&C industry2 outperformance
Premium growth 3.3 pts
Combined ratio3 3.4 pts
Intact1 Aviva RSA TD Co-
operators
Market 16.5% 8.3% 6.3% 6.2% 5.9%
Return on equity4 8.2 pts
share
1 Pro forma AXA Canada for a full year
2 Industrydata source: MSA Research excluding Lloyd’s, ICBC, SGI, SAF, MPI, Genworth, IFC and AXA Canada (in 2011). All data as at the end of 2011
3 Combined ratio includes the market yield adjustment (MYA)
2
4 ROEs reflect IFRS beginning in 2010. IFC's 2011 ROE is adjusted return on common shareholders' equity (AROE)
3. Consistent industry outperformance
Significant Sophisticated In-house Broker Multi- Proven Solid
scale pricing and claims relationships channel acquisition investment
advantage underwriting expertise distribution strategy returns
2011 combined ratios Five-year average loss ratios
Canadian P&C
industry average = 100.0%
Top 20*
(average)
Industry data source: MSA Research excluding Lloyd’s, ICBC, SGI, SAF, MPI, Genworth, IFC and AXA Canada (in 2011)
Data in both charts is for the year ended December 31, 2011
Includes market yield adjustment (MYA)
* Top 20 excludes Lloyd’s, IFC and AXA Canada
3
4. A strong base from which to build
Enhanced Business Mix Strong Capacity To Outperform
Line of Business 2010 Q4-2011 Combined Ratio 20111
Personal Auto 50% 42% IFC 96.1%
Personal Property 24% 23%
Top 20 Industry2 101.0%
Commercial 26% 35%
Outperformance 4.9 pts
Geography 2010 Q4-2011 Return on Equity 20111
Ontario 35% 32% IFC 17.4%
Quebec 19% 25%
Top 20 Industry2 5.6%
Alberta 25% 25%
Rest of Canada 21% 18% Outperformance 11.8 pts
Note: Change in business mix reflects the acquisition of AXA Canada 1 IFC reflects AXA Canada results for the final quarter of 2011
2 Industry data source: MSA Research excluding Lloyd’s, IFC and AXA Canada
4
5. Solid financial position and excess capital
Solid balance sheet $11.8 billion in cash and invested assets
• Solid financial position :
– $435 million in excess capital
– Regulatory capital (MCT) well over target at
197%
Cash
Column1
– Debt to total capital ratio of approximately and
19% pro forma the proceeds from sale of short
lifeco term Loans,
notes, 3% Cdn. Federal
• Book value per share increased 12% from a year 4% 23.6%
earlier to $29.73 Common Cdn. Provincial
• Credit ratings - DBRS: A low, Moody’s: Baa1 Shares,
Fixed Income
& Municipal
9% 33.2%
• Operating return on equity of 15.3% in 2011 73%
Preferred Corporate &
shares, 11% other,
43.1%
High-quality investment portfolio
• Approx. 98.2% of bonds are rated A or better
• 84.5% of preferred shares are rated P1 or P2
• Minimal U.S. or European exposure
• Market-based yield of 4.0% in 2011, down 20
basis points from 2010
Note: Invested asset mix is net of hedging positions
All figures as of December 31, 2011 unless otherwise noted
5
6. Strategic capital management
• Strong capital base has allowed us to
pursue our growth objectives while
returning capital to shareholders Quarterly dividend
Capital priorities 8.1%
0.45 8.8%
$0.40
• Dividends 0.40 3.2%
6.3%
$0.37
• Acquisitions 0.35 14.8%
$0.31 $0.32
$0.34
8.0%
• Share buybacks 0.30 53.8%
$0.25
$0.27
0.25
0.20
Share buyback history $0.1625
0.15
0.10
• 2011(1) – Repurchased 0.8 million
0.05
shares for a total of $37 million.
-
• 2010(2) – Repurchased 9.7 million 2005 2006 2007 2008 2009 2010 2011 2012
shares for a total of $433 million
• 2008 – Repurchased 4.6 million
shares for a total of $176 million
• 2007 – Completed a $500 million
Substantial Issuer Bid
(1) Feb 22, 2011 – May 31, 2011 announcement of AXA
Canada acquisition
(2)Feb. 22, 2010 – Feb. 21, 2011
6
7. Industry outlook for 2012
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 rate as in 2011:
– Mid single digit growth in personal auto (driven by Ontario)
– Upper single digit growth in personal property (reflecting the
Premium growth impact of weather-related losses)
– Low single digit growth in commercial lines
• Overall, low yields and reinsurance market conditions should
support our outlook and will likely lead to firmer conditions over time
• The industry ended 2011 with a combined ratio of 100%
Underwriting • For 2012, we expect more of the same, with an overall breakeven
industry underwriting performance
• We do not expect material improvement in industry ROEs in the
near term (~6% in 2011):
Return on equity – Low yields continue to constrain investment income
• We strongly believe we are likely to outperform the industry’s ROE
by at least 500 basis points in 2012.
7
8. Four distinct avenues for growth
Firming market conditions (0-2 years) Develop existing platforms (0-3 years)
Personal lines
• Continue to expand support to
• Industry premiums remain inadequate in ON auto our broker partners
• Home insurance premiums also on the rise
Commercial lines
• Evidence of price firming in the past 12-18 months • Expand and grow belairdirect and
• Leverage acquired expertise to expand product offer Grey Power
and gain share in the mid-market
• Build a broker offer better able to
compete with direct writers
Consolidate Canadian market (0-5 years) Expand beyond existing markets (5+ years)
Capital Principles
• Solid financial position • Financial guideposts: long-term customer growth,
IRR>20%
Strategy • Stepped approach with limited near-term capital outlay
• Grow areas where IFC has a competitive advantage • Build growth pipeline with meaningful impact in 5+ years
Opportunities Strategy
• Global capital requirements becoming more stringent • Enter new market in auto insurance by leveraging our
• Industry underwriting results remain challenged world-class strengths: 1) pricing and segmentation,
• Continued difficulties in global capital markets 2) claims management and 3) online expertise
Opportunities
• Emerging or unsophisticated mature markets
8
9. Conclusion
Disciplined pricing, underwriting, investment and capital
management have positioned us well for the future
• Largest P&C insurance company in Canada
• Consistent track record of industry outperformance
• Solid financial position
• Excellent long-term earnings power
• Organic growth platforms easily expandable
• Successful progress with AXA Canada integration
9
11. P&C insurance is a $40 billion market in Canada
3% of GDP in Canada Industry DPW by line of business
• Fragmented market1:
Top five represent 43%, versus bank/lifeco
markets which are closer to 65-75%
IFC is largest player with 16.5% market
share, versus largest bank/lifeco with 22-
25% market share
P&C insurance shares the same regulator
as the banks and lifecos
• Barriers to entry: scale, regulation,
manufacturing capability, market knowledge
Industry – premiums by province
• Home and commercial insurance rates
unregulated; personal auto rates regulated in
some provinces
• Capital is regulated nationally by OSFI
• Brokers continue to own commercial lines and
a large share of personal lines in Canada;
direct-to-consumer channel is growing
(distribution = brokers 67% and direct 33%)
• 30-year return on equity for the industry is
approximately 10%
1 Pro forma IFC’s acquisition of AXA Canada
Industry data source: MSA Research excluding Lloyd’s, ICBC, SAF, SGI, MPI and Genworth.
OSFI = Office of the Superintendent of Financial Institutions Canada 11
Data as at the end of 2010.
12. P&C industry 10-year performance versus IFC
IFC’s competitive advantages Combined ratio
110%
• Significant scale advantage
105%
• Sophisticated pricing and underwriting Industry1 10-year
avg. = 98.0%
discipline 100%
• In-house claims expertise 95%
10-year avg.
• Broker relationships 90% = 94.6%
• Solid investment returns
85%
• Strong organic growth potential
Return on equity Direct premiums written growth
40% 240
220 10-year avg.
30% = 9.3%
200
180 Industry1
10-year avg.
20% 10-year avg.
= 18.5%2 160 = 6.0%
140
10% Industry1
10-year avg. 120
= 10.2% 100
0%
Year 2001 = base 100
1Industry
data source: MSA Research. excluded Lloyd’s, ICBC, SGI, SAF, MPI, Genworth, IFC and AXA Canada (in 2011)
2ROEs reflect IFRS beginning in 2010. IFC’s 2011 ROE is adjusted return on common shareholders’ equity (AROE)
12
13. Near-term themes to monitor
Impact on Industry from Low Yields Reinsurance
• Major catastrophes in the world in 2011 have
impacted reinsurer’s capital levels
P&C Industry • The Canadian industry one of the most
profitability
3-5 year conservative markets in the world in terms of
Government of
Canada bond
earthquake coverage required by regulators
yield • IFC’s B.C. earthquake exposure increased
due to the acquisition of AXA Canada
Source: Insurance Bureau of Canada
Ontario Auto Industry Results Industry Capital Levels
120% 30% $6.0B
Excess capital above 200% MCT
100% 25%
$5.5B
80% 20%
$5.0B
60% 15%
$4.5B
40% 10%
20% 5% $4.0B
0% 0% $3.5B
2008 2009 2010 2011
$3.0B
Loss ratio Cumulative rate increase 2009 2010 2011
13
14. Further industry consolidation ahead
Our acquisition strategy Canadian M&A environment
• Targeting large-scale acquisitions of $500 million or Environment more conducive to acquisitions now
more in direct premiums written than in recent years:
• Pursuing acquisitions in lines of business where we • Industry ROEs, although slightly improved from
have expertise trough levels of mid-2009, are well below prior
• Acquisition target IRR of 15% peak
• Targets: • Foreign parent companies are generally in less
− Bring loss ratio of acquired book of business to favourable capital position
our average loss ratio within 18 to 24 months
• Demutualization likely for P&C insurance industry
− Bring expense ratio to 2 pts below IFC ratio
Our track record of acquisitions Top 20 P&C insurers = 82% of market
2011 – AXA ($2,600 mil.)
2004 – Allianz ($600 mil.)
2001 – Zurich ($510 mil.)
1999 – Pafco ($40 mil.)
($B) 1998 – Guardian ($630 mil.) ($B)
1997 – Canadian Surety ($30 mil.)
1995 – Wellington ($370 mil.)
Source: MSA Research; excluding Lloyd’s and Genworth (based on 2010 DPW); IFC’s 2010 DPW includes AXA Canada Source: MSA Research; excluding Lloyd’s and Genworth (based on 2010 DPW )
14
15. Historical financials
IFRS Canadian GAAP
(in $ millions, except as otherwise noted)
2011 2010 2009 2008 2007
Income statement highlights
Direct written premiums $5,099 $4,498 $4,275 $4,146 $4,109
Underwriting income 273 193 54 117 189
Net operating income 460 402 282 361 457
Net operating income per share (in dollars) 3.91 3.49 2.35 2.96 3.61
Balance sheet highlights
Total investments $11,828 $8,653 $8,057 $6,605 $7,231
Debt 1,293 496 398 - -
Total shareholders' equity (excl. AOCI) 4,135 2,654 3,047 3,079 3,290
Performance metrics
Loss ratio 63.9% 65.4% 70.0% 68.2% 66.2%
Expense ratio 30.5% 30.0% 28.7% 28.9% 29.0%
Combined ratio 94.4% 95.4% 98.7% 97.1% 95.2%
Net operating ROE (excl. AOCI) 15.3% 15.1% 9.2% 11.3% 13.6%
Debt / Capital 22.9% 14.3% 11.8% - -
Combined ratios by line of business
Personal auto 90.9% 98.1% 94.9% 95.9% 94.5%
Personal property 103.5% 96.5% 109.0% 113.6% 102.2%
Commercial auto 86.5% 86.0% 79.8% 87.2% 93.7%
Commercial P&C 95.6% 90.7% 104.1% 85.3% 90.1%
15
16. Cash and invested assets
Asset class
Fixed income Preferred shares
Corporate 33.5% Perpetual and callable floating 62.0%
Federal government and agency 23.6% and reset
Cdn. Provincial and municipal 33.2% Fixed perpetual 25.3%
Supranational and foreign 6.6% Fixed callable 12.5%
ABS/MBS 3.0% TOTAL 100%
Private placements 0.0%
TOTAL 100% Quality: 100%
Approx. 84.5% rated P1 or P2 Canadian
Canadian 88%
United States 3%
Int’l (excl. U.S.) 9% Common shares
TOTAL 100%
Quality: 98.2% of bonds rated A or better High-quality, dividend paying 100%
Canadian companies. Objective is to Canadian
capture non-taxable dividend income
As of December 31, 2011
16
17. 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
development are normal
• 2005/2006 reserve
development was unusually
high due to the favourable
effects of certain auto
insurance reforms introduced
during that time period
• This reflects our preference to
take a conservative approach
to managing claims reserves
Historical long-term average
has been 3% to 4% per year
17
18. 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
18
19. Forward-looking statements and disclaimer
Certain of the statements included in this presentation 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”,
“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 designed to protect policyholders and creditors rather
than investors; 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 to clients; the Company’s ability to successfully pursue its acquisition strategy; the
Company’s ability to execute its business strategy; synergies arising from, and the Company’s integration plans relating to the AXA Canada
acquisition; management's estimates and expectations in relation to resulting accretion, internal rate of return and debt to capital ratio after closing
of the AXA Canada acquisition; various other actions to be taken or requirements to be met in connection with the AXA Canada acquisition and
integrating the Company and AXA Canada as well as the sale of AXA Canada’s life insurance business to SSQ, Life Insurance Company Inc.; the
Company’s participation in the Facility Association (a mandatory pooling arrangement among all industry participants) and similar mandated risk-
sharing pools; terrorist attacks and ensuing events; the occurrence of catastrophic events; the Company’s ability to maintain its financial strength
and issuer credit 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 presentation are qualified by these cautionary
statements and those made in the “Risk Management” section of our MD&A for the year ended December 31, 2011. These factors are not
intended to represent a complete list of the factors that could affect the Company. These factors should, however, be considered carefully.
Although the forward-looking statements are based upon what management believes to be reasonable assumptions, the Company cannot assure
investors that actual results will be consistent with these forward-looking statements. When relying on forward-looking statements to make
decisions, investors should ensure the preceding information is carefully considered. Undue reliance should not be placed 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.
19
20. Forward-looking statements and disclaimer
All of the forward-looking statements included in this presentation are qualified by these cautionary statements and those made in the “Risk
Management” section of our presentation for the year ended December 31, 2011. These factors are not intended to represent a complete
list of the factors that could affect the Company. These factors should, however, be considered carefully. Although the forward-looking
statements are based upon what management believes to be reasonable assumptions, the Company cannot assure investors that actual
results will be consistent with these forward-looking statements. When relying on forward-looking statements to make decisions, investors
should ensure the preceding information is carefully considered. Undue reliance should not be placed 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 DPW in this document exclude industry pools, unless otherwise noted.
All references to “excess capital” in this MD&A include excess capital in the P&C subsidiaries at 170% minimum capital test 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 million, related to a single event
Except if noted otherwise, all underwriting results and related ratios exclude the MYA but include our share of the results of our jointly
held insurance operation.
Disclaimer
The Company uses both International Financial Reporting Standards (“IFRS”) and certain non-IFRS measures to assess performance.
Non-IFRS measures do not have any standardized meaning prescribed by IFRS and are unlikely to be comparable to any similar measures
presented by other companies. Management of Intact Financial Corporation analyzes performance based on underwriting ratios such as
combined, general expenses and claims ratios as well as other performance measures such as return on equity (“ROE”) and operating
return on equity. These measures and other insurance related terms are defined in the Company’s glossary available on the Intact Financial
Corporation web site at www.intactfc.net in the “Investor Relations” section. Additional information about Intact Financial Corporation,
including the Annual Information Form, may be found online on SEDAR at www.sedar.com.
20