Intact Financial Q3 Profit Falls 35%
Intact Financial reported a 35% decline in third-quarter profit, citing weaker underwriting results, higher catastrophe losses and unfavourable investment-related movements.
OTTAWA (dpa-AFX) - Intact Financial Corporation (IFC), a Canadian property and casualty insurer, on Tuesday reported a 35% decline in third-quarter profit, reflecting weaker underwriting results amid higher catastrophe losses and unfavourable investment-related movements.Net income attributable to…