All material subject to strictly enforced copyright laws. © 2022 Inside P&C is part of Euromoney Institutional Investor PLC.
Accessibility | Terms & Conditions | Privacy Policy | Modern Slavery Act | Cookies | Subscription Terms & Conditions

Intact U/W income jumps 45%, but CoR deteriorates 2.2pts to 87.8%

Intact logo Toronto CA.jpg

Underwriting income at Canadian insurer Intact rose 45% to $C600mn ($475mn), benefitting from its acquisition of RSA’s Canadian, UK and international operations, even as its consolidated combined ratio rose 2.2 points in the quarter to 87.8%.