Industrial Alliance Insurance and Financial Services Inc. has entered into an agreement with a syndicate of underwriters led by Scotia Capital Inc. to buy $100 million of preferred shares, the Quebec City-based insurer announced Monday.The underwriters have agreed to buy, on a bought deal basis, 4 million Non-Cumulative 5-Year Rate Reset Class A Preferred Shares […]
Premiums and mutual fund deposits up 6% in Q3
Sarbit will be integrated into IA Clarington fund family
410 advisors moving to Investia
Sarbit will continue to provide advice to SAM’s U.S. equity funds
Insurer hikes quarterly dividend
Industrial Alliance Insurance and Financial Services Inc. today announced that it has obtained all regulatory authority approvals for the acquisition of National Financial Corp., the parent company of AEGON Dealer Services Canada Inc., Money Concepts (Canada) Ltd, and National Financial Insurance Agency Inc.NFC is a subsidiary of AEGON Canada Inc. The closing of the transaction […]
But Transamerica Life Canada is pulling back on that business to focus on manufacturing life insurance and annuity products
Firms acquired have more than 350 advisors across the country
Premiums and deposits down 16% from a year ago