(TSX: IFC)
(in Canadian dollars except as otherwise noted)
TORONTO, May 6, 2025 /CNW/ -
Highlights
Charles Brindamour, Chief Executive Officer, said:
"We had a strong start to 2025 across our business, with a solid underwriting performance and double-digit NOIPS growth. In the context of economic uncertainties, our organization is highly resilient and well-positioned to succeed. This is demonstrated through an operating ROE of 16.5% and book value per share growth of 13% year-over-year. We are on track to continue achieving our financial objectives to exceed the industry ROE by 500 basis points and grow NOIPS 10% annually over time, while also delivering on our promise to our customers, brokers, employees."
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