Intact Financial (IFC.to) has attractive Total Shareholder Return (TSR) potential; it generated a ~14% Total Shareholder Return (TSR) from 2012 - 2022. While past results have no bearing on future results, IFC is a well-managed insurance company which leads me to believe it has a reasonable probability of generating a comparable return over the next [...]
Intact Financial (IFC), a fragmented Canadian insurance market leader, holds a ~20% market share in the property and casualty insurance space; the top 5 hold a ~49% market share. Not only is IFC a market leader in Canada but it is becoming a specialty solutions leader and following various strategic acquisitions, it now has access [...]
Intact Financial (IFC), Canada's largest provider of property and casualty (P&C) insurance with an estimated market share of 21%, has generated a 14% CAGR total shareholder return between 2010 - 2020. Intact Financial continues to impress having posted strong Q4 and FY2021 financial results. NOTE: All dollar values expressed in this post are Canadian currency. [...]
At the time of my November 11, 2020 post, Intact Financial Corporation (IFC) had just announced its intent to acquire RSA Insurance Group PLC with Tryg A/S. In that post, I disclose the purchase of additional IFC shares. I also wrote a guest post at Value of Stocks on February 14, 2021. After these posts, [...]
I was recently asked to provide a guest post on the Value of Stocks website and selected Intact Financial Corporation as the company to cover. My article can be found here. I wish you much success on your journey to financial freedom. Thanks for reading! Note: I sincerely appreciate the time you took to read [...]
Intact Financial Corporation (IFC), a high quality Canadian based P&C insurance company, released Q3 2020 results on November 4th. On November 9th it disclosed that it and Tryg A/S had formed a consortium for the purpose of making an offer to acquire RSA Insurance Group plc. I view IFC shares as being reasonably valued based [...]
Although our daughter and her boyfriend are in their early 20s, they have expressed an interest in achieving financial freedom at a relatively young age so as to have 'options' later in life. While there are various ways in which to achieve financial freedom at an early age, equity investing is the method my wife [...]
Intact Financial Corporation (IFC) is a high quality Canadian based P&C insurance company with a ~17% market share. IFC held its Investor Day on November 19, 2019 at which time management provided its strategic roadmap for the next decade. Although I view shares as currently being richly valued I have acquired shares for an undisclosed [...]
I have held shares in this company since January 2007 and view its as a core holding and fully intend to continue to add to my current position. The company's stock price, however, has surged subsequent to early July 2018 to the extent where I view the shares as being priced to perfection. Summary This [...]
Summary This high quality Canadian insurance company has grown successfully through multiple acquisitions and is now one of Canada’s largest P&C insurance companies (~17% market share). Growth opportunities in Canada are limited in that the top 5 P&C insurers in Canada have a 48% market share. In 2017, it expanded into the US market but [...]
