No affect from sale of asset management business
Laurentian Bank to distribute IA mutual funds
Total premiums grow by 20%
Dominion Bond Rating Service Ltd. has confirmed the credit ratings of Industrial Alliance Insurance and Financial Services Inc. and Industrial Alliance Capital Trust, all with continuing stable trends.“As a mid-sized player in an industry dominated by three much larger competitors, IA is still able to compete effectively given its focus on multi-channel distribution and the […]
Industrial Alliance Insurance and Financial Services Inc. said second quarter profit jumped 15% to $39.9 million, while premium income gained increased 27% to of $657.6 million.The Quebec City-based life insurer, fifth-largest in Canada, said earnings per share (diluted) for the three months ended June 30 were $1.00. A year ago Industrial Alliance reported net income […]
Stronger markets help boost earnings
Redeems series 3 subordinated debentures
Profit rises on equity markets
Standard & Poor’s Ratings Services has affirmed its ratings on Industrial Alliance Insurance and Financial Services Inc, including the ‘A+’ counterparty and financial strength ratings and the ‘P-2(High)’ Canadian national scale and ‘BBB+’ global scale preferred share ratings. S&P says the outlook for Industrial Alliance is stable.The ratings agency says the financial strength rating on […]
Vigil GPS to offer security tracking solution to automotive market