Intact says about 60 per cent of the first-quarter catastrophe losses were in its United Kingdom and Ireland segment
estimates its catastrophe losses for the first quarter totalled about $183-million on a pre-tax basis, due in large part to three windstorms in February that affected its business in the United Kingdom and Ireland.Intact says about 60 per cent of the catastrophe losses were in its United Kingdom and Ireland segment.
The remaining losses were in its Canadian business, approximately three quarters of which were attributable to personal property.Intact is expected to hold a conference call with financial analysts to discuss its first-quarter results on May 11. Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.
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