Intact Financial Corporation’s combined ratio deteriorated due to one main reason.

Yet this result tops the figures reported during the first quarters of 2010 to 2020.

A record high for the insurer.

Three out of iA’s five sectors declined, one stayed flat, and one advanced.

Segregated fund sales advanced, but low interest rates hindered fixed annuities in 2021.

P&C decline fuelled by one main factor.

Three out of five segments declined in Q1 2022, including Canada.