Intact Financial Corporation is the largest provider of property and casualty insurance in Canada and a leading provider of specialty insurance in North America. The company’s popularity can be gauged from the fact that about one in every five Canadians is a customer of Intact Financial products and services. The company enjoys a 17% share in the P&C insurance market in Canada. In terms of business segments, personal and auto accounts for nearly 40% of DPW (direct premium written), followed by personal property (20%), commercial lines Canada (25%) and commercial lines USA (15%). About 85% of the company’s revenue is derived from Canada and the remaining 15% is from the U.S. The company operates through Intact insurance, BrokerLink, OneBeacon and Belairdirect banners. Its large coast-to-coast presence and cross-border services help serve customers better. Intact Financial offers a comprehensive range of insurance products and caters to the financial needs of a wide range of clients ranging from personal, business, public sector to institutional clients.
Dividend Achievers are dividend growth stocks with at least 10 years of dividend growth behind them. It’s the first step in building your master stock list and finding a solid dividend growth stocks. On the US stock market, there are … Read more
Looking for the best of the best dividend stocks? The Canadian Dividend Aristocrats list is the perfect place to start. To be included in the Canadian Dividend Aristocrats list, a Canadian company must match the following criteria. The company’s security … Read more
Can blue chip stocks be part of your winning investment strategy? A successful long-term approach to investing is to pick winning dividend stocks to hold forever and as you probably know, it’s a lot harder to do for a consistent … Read more
The Canadian insurance sector has been interesting to watch during these past years with our low-interest rate climate. Not all insurance stocks have benefited from the market growth but is it time to get back in? Some of them offer … Read more
Intact Financial Corporation is the largest provider of property and casualty insurance in Canada and a leading provider of specialty insurance in North America. About 85% of its revenues is derived from Canada and remaining 15% is from the US. … Read more
Six months have now passed, and my dividend income so far is $7,497. More importantly, my current annual rate of return (ROR) is 13.72%. Using the rule of 72, I can double my portfolio in 5 years and 3 months. … Read more
The first few months of the year are usually active for investing as new contribution room becomes available and the RRSP deadline approaches. As long as I have some contribution room in my RRSP, I maximize my RRSP opportunities to … Read more
Investing is akin to watching paint dry. Not much happens when you have a long term dividend growth investing strategy. However, when you can regularly invest through savings and dividend income, you need to keep looking for investing opportunities. With my … Read more