09:47 AM EST - Intact Financial Corporation : reported net operating income for the quarter ended December 31, 2010 of $79.0 million, or $0.70 per share, down 14.6% per share from the particularly strong results of the last quarter of 2009. The combined ratio reached 98.0%, up 3.4 percentage points. Direct premiums written grew by 4.8% over the same quarter a year ago to reach $1.060 billion. Net income for the quarter on a per-share basis increased to $0.87 per share compared to $0.81 last year. Intact Financial Corporation
shares T.IFC are trading down $1.60 at $49.71.
