Intact beats Q1 street forecasts with 91.3% combined ratio


In Canada, the combined ratio improved to 89.3%, helped by stronger personal auto and personal property results and continued discipline in commercial lines despite higher large losses. The US business delivered an 83.4% combined ratio, three points better than a year earlier, reflecting profitable growth in targeted specialty niches. In the UK and Ireland, the combined ratio deteriorated to 103.2% after elevated catastrophe and large losses and higher expenses.



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