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Intact Financial Corp. (IFCZF.PK), Canada’s largest property and casualty insurer, said...

Intact Financial Corp. (IFCZF.PK), Canada’s largest property and casualty insurer, said yesterday it will buy Axa's (AXAHY.PK) Canadian business for C$2.6B ($2.7B). The deal will boost Intact's premiums in Canada by almost 50%, and generate an internal rate of return of 20%.
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