Intact staying ahead of inflation through ‘balancing act’: CEO Brindamour
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Intact staying ahead of inflation through ‘balancing act’: CEO Brindamour

James Thaler
February 09, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Intact logo infation.jpg

Intact CEO Charles Brindamour said on Wednesday that the balancing of rate increases with pandemic relief, as well as a greater reliance on repairs and salvages in Canada versus the US, has helped the Canadian insurer maintain profitability in the face of inflationary pressures.

Speaking on a call with analysts, executives said the company is staying ahead of inflationary pressures on loss costs, and its successful maneuvering has helped it beat analyst estimates as the loss environment has become more challenging.

“We’ve

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsIntact FinancialResults
JT
James Thaler
Gift this article