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Intact Financial (TSX:IFC.PR.E.PFD) Cash, Cash Equivalents, Marketable Securities


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What is Intact Financial Cash, Cash Equivalents, Marketable Securities?

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Intact Financial (TSX:IFC.PR.E.PFD) Business Description

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