United Kingdom segment divestment to free up £60-million of capital over time.
Pension buy-in fully insures the company’s United Kingdom defined benefit pension liabilities.
For all of 2022, net income was $2.4 billion and direct premiums written passed the $21 billion mark.
He replaces Colin Simpson, who had been CFO for nearly seven years.
Andrea Douglass responsible for strategic relationships.
Second quarter results include higher net income as accretion from acquisition comes in well above expectations.
Intact Financial Corporation’s combined ratio deteriorated due to one main reason.