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29 July 2026Insurance

Intact grows 4% Q2, but suffers margin blow out on select lines

Canada-based P&C carrier Intact Financial upped premiums 4% year-on-year in constant FX in the second quarter, including a 6% gain on its home market, but elevated catastrophe and large losses across its Canadian and UK & International businesses took a chunk out of Q2 underwriting margin.

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