Intact Financial Corporation · TSX:IFC
Intact Financial — Q2 2026 Earnings Presentation
25 slides from Intact Financial's earnings presentation, 2026
Slide 1: Intact Financial Corporation Q2-2026 Investor Presentation
Intact Financial Corporation (TSX: IFC) Q2-2026 Page 1 Investor Presentation
Slide 2: Forward-looking statements
Forward-looking statements Certain of the statements in this presentation about the Company’s current and future plans, expectations and intentions, results, levels of activity, performance, goals or achievements or any other future events or developments constitute forward-looking statements. The w
Slide 3: Strategic overview, Capital management, Appendix
Strategic overview Pages 4 to 13 Capital management Pages 14 to 20 Appendix Pages 21 to 25 3
Slide 4: A leading international provider of P&C insurance
A leading international provider of P&C insurance Our Purpose We are here to help people, businesses and society prosper in good times and be resilient in bad times. Our Values Our Values guide our decision-making, keep us grounded, Largest P&C Insurer in Canada Leading Global SL Insurer Leader in C
Slide 5: Our strategic objectives: What we are aiming to achieve
STRATEGY CAPITAL Our strategic objectives: What we are aiming to achieve 2025 results Strategic objectives 2025 results 76% Best Employer2 of our Personal Lines customers1 are in Canada (10th year), the US our advocates (7th year), 1st year for UK & Ireland 92% 39% of brokers in Canada, US and the U
Slide 6: Strategic roadmap: How we intend to achieve our objectives
STRATEGY CAPITAL Strategic roadmap: How we intend to achieve our objectives Expand our leadership Strengthen our leading Build a Specialty position in Canada position in UK & Ireland Lines leader Leading 3 out of 4 Leading broker Specialized Expand broker Expand customer customers & customer Custome
Slide 7: Strong track record of earnings growth and ROE outperformance
STRATEGY CAPITAL Strong track record of earnings growth and ROE outperformance Our ROE1,2 outperformance Our track Our company objective record is one of the MOST Exceed 670 bps RESPECTED industry 10-year average ROE outperformance ROE by 500 bps >9pts average contribution every year from Investment
Slide 8: How we delivered on our financial objectives
STRATEGY CAPITAL How we delivered on our financial objectives Better positioned than ever to continue to deliver, in any market cycles NOIPS ROE evolution BVPS Growth outperformance: 16%+ ROE avg 13% CAGR +2 pts better than in the last 5 over the last 5 Our sandbox is larger and more diversified pro
Slide 9: Canada: Expanding our leadership position
STRATEGY CAPITAL Canada: Expanding our leadership position Data as of December 31, 2025 Leading customer experience & digital engagement Our track record of outperformance vs the industry Brand leadership Superior Digital Omnichannel 10-year DPW growth CAGR1 & product offering claims service Engagem
Slide 10: GSL: Building a global specialty solutions leader
STRATEGY CAPITAL GSL: Building a global specialty solutions leader Data as of December 31, 2025 Global Specialty market is a $500B+ growth opportunity Profitable and growing mix of verticals Almost Running at a sustainable sub-90s IFC holds 1% in GSL Market Share1 $7B combined ratio in annual DPW No
Slide 11: UK&I: Strengthening our leading position in commercial lines
STRATEGY CAPITAL UK&I: Strengthening our leading position in commercial lines Data as of December 31, 2025 Evolving towards a 90% combined ratio Leading broker & customer experience DPW Breakdown1 : 76% UK, 13% Ireland, 11% Europe One Commercial Enhanced broker Sales & program value proposition dist
Slide 12: Data & AI: A global leader within the P&C industry
STRATEGY CAPITAL Data & AI: A global leader within the P&C industry We are scaling our global data and AI advantage to further widen our pricing outperformance. In Q2-2026, we deployed our Global AI Platform in the UK to accelerate the rollout of machine learning pricing models, while we deepened th
Slide 13: Leveraging our deep claims expertise and supply chain advantage
STRATEGY CAPITAL Leveraging our deep claims expertise and supply chain advantage Internalization of claims results in faster cycle time, lowers claims costs, and a superior customer experience 3,000+ 350+ 600+ 100+ Deep claims expertise adjusters appraisers lawyers & legal accountants, engineers pro
Slide 14: Strategic capital management has contributed to earnings growth
STRATEGY CAPITAL Strategic capital management has contributed to earnings growth Strong capital generation in the past decade With over 65% deployed on acquisitions Distribution M&A: Buybacks: $15B $7B $2B $0.5B Capital generated Financing through from operations capital markets Dividends: $6B $20.5
Slide 15: NOIPS & ROE strengthened by disciplined investment management
STRATEGY CAPITAL NOIPS & ROE strengthened by disciplined investment management Stable and compounding investment income High-quality investment portfolio1 Investment Income 14% ~50% $44B 10-yr CAGR Contribution to Conservatively 10-yr NOIPS growth managed1,2 average 120 bps • 79% of debt securities
Slide 16: Maintaining a strong financial position
STRATEGY CAPITAL Maintaining a strong financial position Data as of June 30, 2026 Total capital margin1,2 Debt-to-capital ratio1 Book value per share1 $3.8B 16.2% +13% Provides increased financing below our long-term leverage target year-over-year to $111.73 flexibility of 20% We are well capitalize
Slide 17: Consistent yearly dividend increases since IPO in 2004
STRATEGY CAPITAL Consistent yearly dividend increases since IPO in 2004 1 21 consecutive dividend Key figures increases since our IPO +11% +10% Dividend Dividend CAGR since CAGR since IPO 2015 $8.2B $6.7B Dividends Dividends paid paid since IPO since 2015 Increase Invest in Capital deployment strate
Slide 18: Driving growth through strategic distribution income
STRATEGY CAPITAL Driving growth through strategic distribution income Over $500 million of distribution income in 2025 Diversified sources of distribution income Distribution Income1 16% $10B Distribution 10-yr CAGR in DPW 1 from Canada’s BrokerLink Financial Strategies P&C broker channel is $5.1B o
Slide 19: Established M&A track record
STRATEGY CAPITAL Established M&A track record $51B Market cap $10B ~20% Deployed in Brokered Commercial Lines business Average IRR the last 10 years $25B DPW CANADA $4.5B Market cap $4.3B DPW Capital deployment strategy Manage volatility Maintain leverage Increase dividends Invest in growth Share bu
Slide 20: Share buybacks provide additional support to NOIPS growth
STRATEGY CAPITAL Share buybacks provide additional support to NOIPS growth Share buybacks approach Although our focus is M&A, share buybacks remain a useful part of our toolbox. FY2022 FY2024 $150M $24M FY2016-17 @ $182.05 @ $220.05 $50M Contribution to NOIPS CAGR $1B of share buybacks = more than 1
Slide 21: Appendix
Appendix 21Page 21 21
Slide 22: Q2-2026 financial highlights
Q2-2026 financial highlights Operating DPW1 (constant currency) Combined ratio1,2 BVPS1 $7.3B +4% 94.9% +8.8 pts $111.73 +13% y-o-y NOIPS1,3 EPS3 OROE1 AROE1 ROE1 Total Capital Margin1 $3.17 (39%) $3.90 (17%) 17.0% 19.3% 17.2% $3.8B (over the last 12 months) CAY Loss ratio1,2 Combined ratio1,2 Opera
Slide 23: 2025 financial highlights
2025 financial highlights Operating DPW1 (constant currency) Combined ratio1,2 BVPS1 $25.1B +4% 88.2% (4.0) pts $107.35 +16% y-o-y NOIPS1,3 EPS3 OROE1 AROE1 ROE1 Total Capital Margin1 $19.21 +33% $18.35 +48% 19.5% 21.0% 18.4% $3.7B (over the last 12 months) CAY Loss ratio1,2 Combined ratio1,2 Operat
Slide 24: Non-GAAP and Other Financial Measures
Non-GAAP and Other Financial Measures We use both Generally Accepted Accounting Principles (GAAP) financial measures (“reported measures”), as well as Non-GAAP financial measures and Non-GAAP ratios (each as defined in National Instrument 52-112 “Non-GAAP and Other Financial Measures Disclosure”) to
Slide 25: Contact us
Contact us Investor Inquiries Intact Financial Corporation 700 University Avenue Toronto, ON M5G 0A1 ir@intact.net www.intactfc.com Investor Relations Geoff Kwan Deputy Senior Vice President, Finance and Chief Investor Relations Officer 1 866 440-8300 ext. 20022 ir@intact.net Media Inquiries Carolin