Public offering of 29 million common shares will fund the acquisition
Donations matched by Ottawa; Company donates $50,000
P&C insurer to focus on Ontario auto insurance market, changing weather patterns
Insurer focused on improving home insurance results
ING Canada and ING Insurance to become Intact Financial and Intact Insurance, respectively
Sale by Dutch-parent won’t change capitalization or operating performance at insurer
P&C insurer to increase public float
Dutch parent announces jobs cuts, CEO departure
P&C insurer takes $62 million hit from declining investments
Moody’s Investors Service has affirmed the ratings of ING Canada, Inc. and its operating subsidiaries following the downgrade of ING Groep N.V. The outlook for ING Canada remains stable.Moody’s says that it based its rating affirmation of ING Canada on the underlying financial strength of the company’s insurance subsidiaries. According to the ratings agency, ING […]