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.
P&C decline fuelled by one main factor.
Three out of five segments declined in Q1 2022, including Canada.
New premiums faltered but the number of policies was unchanged in 2021, compared with 2020.