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📢 Press Releases
| Date | Press release |
|---|---|
| 2025-04-02 11:33:00 | Am Best Assigns Issue Credit Rating To Intact Financial Corporation’s Senior Unsecured Medium-term Notes Oldwick, n.j.--(business wire)--am best has assigned a long-term issue credit rating of “a-” (excellent) to the recently issued cad 300 million, 4.645% senior unsecured medium-term notes, due 2060, issued by intact financial corporation (ifc) (toronto, ontario, canada). the outlook assigned to this credit rating (rating) is stable. the financial strength rating of a+ (superior) and the long-term issuer credit rating of “aa-” (superior) of ifc’s operating subsidiaries and all other ratings of it. |
| 2024-04-22 15:26:00 | Intact Financial Corporation Publishes Its 2023 Social Impact & Esg Report More than half of stakeholders globally recognize intact as a leader in building climate and economically resilient communities toronto , april 22, 2024 /prnewswire/ - intact financial corporation (tsx: ifc) is pleased to announce that its 2023 social impact & esg report is available at www.intactfc.com. the report also includes the 2023 public accountability statement for intact and its applicable subsidiaries. |
| 2023-09-26 10:00:00 | Am Best Assigns Issue Credit Rating To Intact Financial Corporation’s Senior Unsecured Medium-term Notes Oldwick, n.j.--(business wire)-- #insurance--am best has assigned a long-term issue credit rating of “a-” (excellent) to the recently issued cad 400 million, 5.276% senior unsecured medium-term notes, due 2054, issued by intact financial corporation (ifc) (toronto, ontario, canada). the outlook assigned to this credit rating (rating) is stable. the financial strength rating of a+ (superior) and the long-term issuer credit rating of “aa-” (superior) of ifc’s operating subsidiaries and all other ratings of it. |
| 2023-09-06 16:24:00 | Intact Financial Corporation And Rsa To Acquire Direct Line Insurance Group Plc’s Brokered Commercial Lines Operations Not for distribution to u.s. newswire services or for dissemination in the united states strengthening rsa’s leading uk commercial lines platform enhances the profitability and growth profile of the uk & international (uk&i) business through increased focus on royal & sun alliance insurance limited’s (rsa) outperforming commercial lines business increases rsa’s presence in the attractive uk commercial lines market, where it will become the third largest player with an estimated 7% market share broadens rsa’s broker distribution network and expands our current commercial lines product offering accretive to net operating income per share (noips)1 in 2024, with low single-digit accretion by year 3 expected internal rate of return (irr)2 in excess of 15% and immediately accretive to book value per share (bvps)3 by 2% strategic options being explored for rsa’s uk personal lines business toronto, sept. 06, 2023 (globe newswire) -- intact financial corporation (tsx: ifc) (intact, ifc or the company) and its subsidiary rsa today announced that they have reached an agreement with direct line insurance group plc (direct line) to acquire direct line’s brokered commercial lines operations. |
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