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Intact Financial Corporation is a Canadian multinational property and casualty insurance company. Originally established in 1809 as the Halifax Fire Insurance Association , it was later acquired by Nationale-Nederlanden ; from 1993 to 2009, it was a subsidiary of the Dutch multinational ING Group under the name ING Canada .
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As of February 2009, ING Canada (the insurance arm) is no longer a subsidiary of ING Group. ING Group's 70% equity interest was spun off for US$2.2 billion. The company (which has an 11% share of Canada's property and casualty insurance market) was then renamed Intact Financial Corporation in May 2009. ING Group continued to operate ING Bank of ...
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On 4 April 2022, Tryg and Intact Financial announced the sale of 50% of its stake holding in its Middle East subsidiary RSA Middle East to National Life & General. [15] This was then followed up with the remaining 50% being sold and becoming a subsidiary of National Life & General on 15 July 2022. [16]
Sun Life Financial: Toronto 23.4 2.0 196.0 24.5 Insurance 11 341 Bell Canada: Montreal 18.1 2.3 41.8 40.9 Telecommunication: 12 342 Canadian Natural Resources: Calgary 16.2 2.0 53.9 37.6 Oil and Gas 13 346 TC Energy: Calgary 10.3 2.9 72.4 43.2 Oil and Gas 14 364 Alimentation Couche-Tard: Laval 59.7 2.0 22.2 33.7 Retail: 15 388 Canadian National ...
From January 2008 to June 2009, if you bought shares in companies when David D. Glass joined the board, and sold them when he left, you would have a 7.7 percent return on your investment, compared to a -36.0 percent return from the S&P 500.