Intact Financial to acquire Guarantee and Frank Cowan for C$1bn

Intact Financial to acquire Guarantee and Frank Cowan for C$1bn

Intact Financial has agreed to acquire The Guarantee Company of North America and Frank Cowan Company from Princeton Holdings for C$1 billion, as per the latest insurance acquisition news. The acquisition is expected to strengthen Intact’s position in Canada, bringing the firm’s annual North American specialty lines direct premiums close to C$3 billion. The Guarantee […]