Intact Financial Corp. IFC-T says it earned $667-million in the fourth quarter.
That’s up 26 per cent from the $531-million it earned during the same quarter last year.
The Toronto-based firm says earnings per share were $3.58, up from $2.78 a year earlier.
Insurance revenue was $6.8-billion, up from $6.5-billion during the fourth quarter of 2023.
Intact increased its dividend to common shareholders by 12 cents to $1.33.
The company says it expects current insurance market conditions to persist in the coming year, in light of elevated catastrophe losses over the past year.