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iA Financial Corporation Inc. (T:IAG)

Business Focus: Life & Health Insurance

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Sector:  Financials Industry:  Life & Health Insurance
See Regulatory Filings on SEDAR
Company Contact
Address: 1080 Grande Allee West
Cp 1907 Succ Terminus
Tel: N/A
IR: See website
Key People
Jacques Martin
Independent Chairman of the Board
Michael L. Stickney
Executive Vice President - U.S. Development
Denis Ricard
President, Chief Executive Officer, Chief Operating Officer
Rene Chabot
Chief Financial Officer, Executive Vice President, Chief Actuary
Michel Tremblay
Executive Vice President, Chief Investment Officer
Renee Laflamme
Executive Vice-President Individual Insurance and Annuities
Pierre Miron
Executive Vice President - Information Systems
Carl Mustos
Executive Vice President - Wealth Management
Normand Pepin
Executive Vice President and Assistant to the President
Lilia M. Sham
Executive Vice President of Corporate Development
Business Overview
Industrial Alliance Insurance and Financial Services Inc. is a Canada-based company, which offers a range of life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgage loans, and other financial products and services. The Company's segments include Individual Insurance, which includes life, health, disability and mortgage insurance products; Individual Wealth Management, which includes individual products and services for savings plans, retirement funds and segregated funds, as well as securities brokerage, trust operations and mutual funds; Group Insurance, which includes life, health, accidental death and dismemberment, creditor insurance, replacement warranties and extended warranties, and specialized products for special markets solutions; Group Savings and Retirement, which includes retirement funds and segregated funds, and Other, which includes auto and home insurance products, asset management and financing.
Financial Overview
For the three months ended 31 March 2019, Industrial Alliance Insur. & Fin. Ser. revenues increased 5% to C$3.05B. Net income applicable to common stockholders increased 9% to C$151M. Revenues reflect Individual Insurance segment increase from C$289M to C$2.24B, Group Savings and Retirement segment increase of 47% to C$839M.
Employees: 6,800 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $6,378M as of Mar 31, 2019
Annual revenue (TTM): $10,887M as of Mar 31, 2019
EBITDA (TTM): -$135.00M as of Mar 31, 2019
Net annual income (TTM): $625.00M as of Mar 31, 2019
Free cash flow (TTM): $289.00M as of Mar 31, 2019
Net Debt Last Fiscal Year: $422.00M as of Mar 31, 2019
Shares outstanding: 106,421,099 as of Jul 5, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization