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Intact Financial Corporation is a Canadian multinational property and casualty insurance company. Originally established in 1809 as the Halifax Fire Insurance Association, it was later acquired by Nationale-Nederlanden and from 1993 to 2009 was a subsidiary of the Dutch multinational ING Group under the name ING Canada.
As of 2014, it had about 1.6 billion in mutual policyholder's equity. It is the 9th largest property and casualty insurance company in Canada, by direct written premium and the 20th largest insurance company in Canada, by total assets. [3] The firm owns several operating subsidiaries, the largest of which is Economical Mutual Insurance Company.
In September 2015, RSA divested all its Latin American insurance operations to the Colombian insurance company Grupo Sura for £403 Million. [8] In November 2020, the company received a £7.2 billion offer from Danish insurer Tryg and Canada's Intact Financial Corporation. This deal is considered one of the biggest takeover bids in Europe in ...
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Consider installment fees. Installment fees are another consideration when choosing a car insurance payment plan. Credit card companies and financial institutions usually charge a fee to process ...
False insurance claims are insurance claims filed with the fraudulent intention towards an insurance provider. Insurance fraud has existed since the beginning of insurance as a commercial enterprise. [2] Fraudulent claims account for a significant portion of all claims received by insurers, and cost billions of dollars annually.
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Interac e-Transfer (formerly Interac Email Money Transfer or EMT) is a Canadian funds transfer service between personal and business accounts in participating Canadian banks and other financial institutions, offered through Interac Corporation . From inception until early 2018, the service was provided by Acxsys, a for-profit consortium backed ...