Intact Financial Corporation Posts Strong Q2 2021 Following RSA Acquisition and Improved Underwriting Performance
Intact Financial Corporation (Intact or the Company) reported excellent Q2 2021 net income of $573 million, an increase of 118% relative to Q2 2020 driven primarily by the RSA acquisition and an improved underwriting performance. Positively, even when excluding the impact of the acquisition, organic revenue growth was strong in both Canada and the U.S.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.