The claims ratio for personal insurance products in Canada climbed considerably during the third quarter.

Intact Financial Corporation's subsidiary has acquired 13 brokerages since the beginning of 2024.

Company anticipates an increase in claims due to catastrophic events in the next quarter.

The first transaction was completed on June 1 and the other on July 1.

The deal also enables the company to expand into two additional provinces.

The company published its quarterly results on May 7.

BrokerLink has completed seven acquisitions so far in 2024.