Intact Financial Corp Virtual Fireside Chat Hosted By BMO Transcript

Aug 03, 2022 / 06:00PM GMT
Tom MacKinnon - BMO Capital Markets Equity Research - MD & Analyst

Good afternoon, everyone. I'm Tom MacKinnon with BMO Capital, covering insurance, diversified financials and asset managers.

And we're delighted this afternoon to have Charles Brindamour, the CEO of Intact Financial, with us for a virtual fireside chat. Good afternoon, Charles.

Charles J. G. Brindamour - Intact Financial Corporation - CEO & Director

Good afternoon, Tom.

Questions and Answers:

Tom MacKinnon - BMO Capital Markets Equity Research - MD & Analyst

I wanted to start with some questions with respect to the RSA acquisition. It's been 14 months since it's closed. I think you mentioned just last week on the call that accretion is tracking better than expected, and might be somewhere in the area of 15%. I think like 12 months, it was supposed to be maybe high single digits. The first part is why is it better? And the second part is the 36-month outlook is for high teens. Are you just tracking faster? Or do you think you
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