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Intact Financial earnings rise to $673 million in first quarter

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Intact Financial Corp. Nieuws

Earnings Per Share,Investment Gains,Toronto-Based Company

TORONTO — Intact Financial Corp. says it earned $673 million in the first quarter, up from $377 million a year earlier. The Toronto-based company says...

TORONTO — Intact Financial Corp. says it earned $673 million in the first quarter, up from $377 million a year earlier.

Intact says the higher earnings per share were driven by investment gains on its equity portfolio as well as a gain on the sale of its U.K. direct Personal Lines operations.ADVERTISEMENTKevin O’Leary’s Stock Portfolio: 10 Stock Picks for 2024

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