Business PerformanceThe personal auto business, a smaller part of IFC now, is performing better than expected, supporting a positive outlook.
Market PositioningIFC has a strong position in the market, benefits from competitive advantages in data analytics, and is led by a management team that consistently delivers.
ValuationIFC is attractively priced at 15.9x forward operating EPS compared to its 10-year average, with now a better combined ratio.