Intact Financial Corporation (TSE:IFC) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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.