tiprankstipranks
Intact Financial Reports Strong Q2 Growth and Performance
Company Announcements

Intact Financial Reports Strong Q2 Growth and Performance

Story Highlights

Intact Financial Corporation (TSE:IFC) has released an update.

Pick the best stocks and maximize your portfolio:

Intact Financial Corporation has announced a robust second quarter for 2024, with a 6% increase in direct premiums written and a strong combined ratio of 87.1% indicating healthy performance across all regions. The company has seen significant growth in net operating income per share, which surged to $4.86, and a solid increase in operating ROE to 17.0%, signaling a confident outlook for investors in the insurance market.

For further insights into TSE:IFC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyIntact Financial price target raised to C$290 from C$275 at BMO Capital
TheFlyIntact Financial price target raised to C$283 from C$281 at Scotiabank
TheFlyIntact Financial price target raised to C$290 from C$264 at Raymond James
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App