As the Owner of Insurance Portfolio Inc., I had the opportunity at this year’s Insurance Brokers Association Convention in October 2011, and at recent meetings with Management at Intact Insurance. I am now available to comment regarding the transition from AXA Insurance Company to Intact Insurance for our policyholders. I am very confident that the…
Tag Archive: Intact Insurance
Update on Acquisition of AXA Insurance Canada
Published by Canadian Underwriter 2011-09-26 ——————————————————————————– Intact Financial Corporation (TSX: IFC) has officially completed its $2.6-billion acquisition of AXA Canada, the country’s sixth-largest provider of home, auto and business insurance in the country. “The completion of this transaction represents a defining milestone in the history of our organization,” IFC CEO Charles Brindamour said. “The benefits…
Update on Intact Aquisition of AXA Insurance
I have been provided a recent update from Intact Insurance regarding their proposed acquisition of the Canadian Property & Casualty business of AXA Insurance Company. The update advises that they are awaiting regulatory approval from the Office of the Superintendent of Financial Institutions (OSFI), Autorite des marches financiers (AMF) and the Competition Bureau. They anticipate receiving…
Intact Insurance Seeks to Purchase AXA Insurance Canada
Here is the official press release the industry received regarding the recent intent of Intact Insurance to purchase AXA Insurance Canada. We will continue to release information as we receive it. We are contracted with both AXA and Intact Insurance, and will watch the updates closely for our valued clients. Intact Financial Corporation (TSX: IFC) has signed…
