Intact Financial’s scale advantages, sophisticated data analytics, and multi-channel distribution network create sustainable competitive moats that are difficult for competitors to replicate. As economic uncertainty persists, the firm’s defensive characteristics become increasingly valuable since insurance provides essential risk transfer services regardless of economic cycles.
The company’s proven acquisition strategy has delivered consistent value creation over two decades. This track record positions it to capitalize on ongoing industry consolidation while maintaining its market-leading position across both personal and commercial lines.
INTACT FINANCIAL CORP. (Toronto symbol IFC; www.intactfc.com) offers investors exposure to Canada’s largest provider of property and casualty insurance. Intact insures more than five million individuals and businesses. Its major brands are Intact Insurance, Canada BrokerLink and belairdirect.
In a bid to add value for investors, the company acquired OneBeacon Insurance Group for $1.7 billion U.S. in September 2017. The Minnesota-based insurance holding company focuses on property-casualty insurance. Through its businesses, the firm provides a range of specialty insurance products. That acquisition has been a big success for Intact.
Then, on June 1, 2021, to further add value, the company—in conjunction with Danish insurer Tryg A/S—completed its $9.3 billion U.S. takeover of U.K.-based RSA Insurance Group plc.
[ofie_ad]
RSA offers a range of general and specialty insurance products and had long been viewed as a possible takeover target. Under the transaction, Intact took RSA’s Canadian business as well as its U.K. and international division. Tryg now owns RSA’s operations in Sweden and Norway.
RSA’s Denmark business remained jointly owned by the two firms—but in June 2022 they completed the sale of the unit for $2.52 billion. Intact received 50% of the proceeds.
Meanwhile, Intact has just officially rebranded RSA to Intact Insurance across the UK, Ireland and Europe. As a result, Intact is now united under a single brand.
Intact—Canada’s largest Property and Casualty insurer—is now a Commercial Lines leader in the U.K. and Ireland, and a leading global Specialty lines insurer with international expertise.
Intact’s strong results continue to power dividend increases
For the three months ended June 30, 2025, Intact’s revenue rose 5.6%, to $7.03 billion from $6.66 billion a year earlier. Overall earnings per share jumped 7.6%, to $5.23 from $4.86. The increase came from strong underwriting performance, as well as gains on investments.
Growth by acquisition adds risk, especially with a string of deals as big as RSA. However, Intact has a long track record of successfully integrating its acquisitions.
With the March 2025 payment, the company raised its quarterly dividend for investors by 9.9%, to $1.33 a share from $1.21. The new annual rate of $5.32 yields a solid 2.0%.
Including this latest increase, the insurer has now raised its dividend an average 9.9% annually over the past five years. Intact’s TSI Dividend Sustainability Rating is Above Average.
Recommendation in Dividend Advisor: Intact Financial Corp. is a buy.
