Intact's Q3 2022 Underwriting Income Minimally Affected By Hurricane Losses
Intact Financial Corporation reported net income of $370 million, slightly higher than the same quarter a year ago. Unrealized marked-to-market losses arising from financial market volatility led to an other comprehensive income loss of $527 million, but higher interest rates contributed to an increase in interest income to $159 million, from $123 million reported during the same quarter last year.
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