Report
Marcos Alvarez ...
  • Nadja Dreff

Intact Financial Corporation Reports Very Strong Q4 2021 Results Despite Elevated Catastrophic Losses

Intact Financial Corporation reported very strong Q4 2021 net income of $701 million, including the contribution from RSA Insurance Group plc., amounting to an 85% increase relative to the pre-acquisition Q4 2020 net income despite deterioration in the combined ratio. For 2021, net income nearly doubled to more than $2 billion.
Underlyings
Intact Financial Corp Pfd.

Intact Financial Corp Pfd.

Intact Financial Corporation

Intact Financial Corporation

Intact Financial Corporation

Provider
DBRS Morningstar
DBRS Morningstar

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.

Analysts
Marcos Alvarez

Nadja Dreff

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