Intact staying ahead of inflation through ‘balancing act’: CEO Brindamour
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Intact staying ahead of inflation through ‘balancing act’: CEO Brindamour

Intact logo infation.jpg

Intact CEO Charles Brindamour said on Wednesday that the balancing of rate increases with pandemic relief, as well as a greater reliance on repairs and salvages in Canada versus the US, has helped the Canadian insurer maintain profitability in the face of inflationary pressures.

Speaking on a call with analysts, executives said the company is staying ahead of inflationary pressures on loss costs, and its successful maneuvering has helped it beat analyst estimates as the loss environment has become more challenging.


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