Intact Financial (Intact Financial) Research & Development : $0 Mil (TTM As of Dec. 2023)

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What is Intact Financial Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Intact Financial's Research & Development for the three months ended in Dec. 2023 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil.

Intact Financial Research & Development Historical Data

The historical data trend for Intact Financial's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Intact Financial Research & Development Chart

Intact Financial Annual Data

Trend

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Research & Development

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Intact Financial Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Intact Financial Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Intact Financial (OTCPK:IFCZF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Intact Financial Research & Development Related Terms

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Intact Financial (Intact Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Intact Financial Corp (OTCPK:IFCZF) » Definitions » Research & Development

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Address

700 University Avenue, Suite 1500, Toronto, ON, CAN, M5G 0A1

Website

https://www.intactfc.com

Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company's direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities. Its asset mix is designed to generate interest and dividend income.