July 28 (Reuters) - Intact Financial Corp IFC.TO :
* INTACT FINANCIAL CORPORATION REPORTS Q2-2020 RESULTS AND PROVIDES COVID-19 UPDATE
* Q2 OPERATING EARNINGS PER SHARE C$2.35
* Q2 EARNINGS PER SHARE C$1.74
* Q2 EARNINGS PER SHARE ESTIMATE C$1.97 -- REFINITIV IBES DATA
* WELL POSITIONED TO MEET UNDERWRITING TARGETS FOR 2020
* FOR 2020, CRISIS IS EXPECTED TO IMPACT DIRECT PREMIUMS WRITTEN GROWTH IN MID-SINGLE TO LOW-DOUBLE DIGIT RANGE
* UNDERWRITING PERFORMANCE IS EXPECTED TO BE ON TRACK FOR REST OF 2020
* HARD MARKET CONDITIONS IN PERSONAL PROPERTY ARE EXPECTED TO CONTINUE
* COMMERCIAL LINES HARD MARKET CONDITIONS ARE EXPECTED TO RESUME IN COMING MONTHS
* IN U.S. COMMERCIAL, HARDENING MARKET CONDITIONS ARE EXPECTED TO CONTINUE
* PREMIUMS GREW 10% IN CONSTANT CURRENCY FOR P&C U.S. TO $486 MILLION IN Q2