Canadian Insurer Intact Q4 Profit Nearly Doubles to US$164.8 Million
Intact Financial Corp, Canada’s largest property and casualty insurer, reported a near-doubling in quarterly profit, boosted by strong growth in underwriting income. The company’s net income rose to C$205 million (US$164.8 million), or C$1.52 (US$1.22) per share, in the fourth …