|Bid||53.95 x 0|
|Ask||53.97 x 0|
|Day's Range||53.08 - 54.07|
|52 Week Range||41.32 - 55.05|
|Beta (3Y Monthly)||1.49|
|PE Ratio (TTM)||9.66|
|Earnings Date||May 9, 2019|
|Forward Dividend & Yield||1.66 (3.37%)|
|1y Target Est||45.30|
QUEBEC CITY , April 17, 2019 /CNW Telbec/ - iA Financial Group is happy to announce that the company is now a signatory of the United Nations Principles for Responsible Investment (PRI) through its iA Investment Management (iAIM) subsidiary. The Principles for Responsible Investment (PRI) were developed by an international group of institutional investors in partnership with the United Nations Environment Programme (UNEP) Finance Initiative and the UN Global Compact.
iA Financial Group Announces the Issuance of a Redemption Notice to Holders of 2.80% Subordinated Debentures due May 16, 2024
iA Financial Group announces the appointment of Marie-Annick Bonneau as head of investor relations
QUEBEC CITY , April 4, 2019 /CNW Telbec/ - iA Financial Group announces the appointment of Lilia Sham to the position of Executive Vice-President, Corporate Development, effective May 2, 2019 . Ms. Sham also becomes a member of the company's Planning Committee, chaired by Denis Ricard , President and Chief Executive Officer. In previous roles, Lilia was senior vice-president of corporate development at Intact Financial Corporation for thirteen years and held management positions with other financial organizations in both Canada and the U.S. She has extensive experience in mergers and acquisitions in North America , Latin America and Asia. She holds a master's degree in science from Rutgers University , in New Jersey , and is a fellow of the Society of Actuaries (FSA) and the Canadian Institute of Actuaries (FCIA).
QUEBEC CITY , April 2, 2019 /CNW Telbec/ - iA Financial Group announces that Normand Pépin, Executive Vice-President and Assistant to the President, will retire on June 20, 2019 , after more than 46 years of service. Mr. Pépin began his career with the company in 1973 as an actuarial analyst and very quickly assumed leadership roles of increasing responsibility in actuarial services, IT and the group sectors. "Normand is recognized both within and outside iA Financial Group as a builder and architect who has worked devotedly on the development of our organization since the 1980s," said Denis Ricard , President and Chief Executive Officer of iA Financial Group. "Growing our distribution networks, our footprint outside Quebec and our wealth management business are just a few examples of the transformative projects led by Normand Pépin that have made our company what it is today.
QUEBEC CITY , April 1, 2019 /CNW Telbec/ - iA Financial Group today announces that the 2018 Annual Report and the Proxy Circular in respect of the Annual Meeting to be held on May 9, 2019, are now available online at ia.ca and sedar.com. The Annual Report includes the Management's Discussion and Analysis, the consolidated financial statements and various other information about iA Financial Group. Two new candidates for director positions, Monique Mercier and Benoît Daignault will be presented at the meeting.
As part of this litigation, Ituna was seeking to make unlimited deposits into a universal life insurance contract that it purchased from a policyholder. In his decision, Justice Scherman found that Ituna's position was inconsistent with the language and the purpose of the contract. The Canadian Life and Health Insurance Association (CLHIA) also welcomed the decision. The CLHIA stated in their press release of this morning that this important ruling is firmly in the public interest.
QUEBEC CITY , March 1, 2019 /CNW Telbec/ - iA Financial Group announced today that Michel Tremblay , Executive Vice-President and Chief Investment Officer, will retire on May 31, 2019. Mr. Tremblay joined the company in 2008 and has held his position at the head of Investments since that time. Mr. Tremblay was a member of the iA Financial Group Planning Committee led by Denis Ricard , President and Chief Executive Officer.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of “aa-” of Industrial Alliance Insurance and Financial Services Inc.
Q4 2018 Industrial Alliance Insurance and Financial Services Inc Earnings Call
QUEBEC CITY , Feb. 14, 2019 /CNW Telbec/ - The Board of Directors of iA Financial Corporation Inc. (TSX: IAG) announced today the payment of the first quarterly dividend of iA Financial Corporation Inc. since the effective date of the plan of arrangement under which it became the new holding company for iA Financial Group. This dividend will be payable on March 15, 2019, to all common shareholders of record at the close of business on March 1, 2019.
Conference Call Advisory - iA Financial Group Announces Date of 2018 Fourth Quarter Earnings Results
QUEBEC CITY , Jan. 17, 2019 /CNW Telbec/ - iA Financial Group (Industrial Alliance Insurance and Financial Services Inc.) takes a major step in its shift to digital by introducing the iA Virtual Assistant. The iA Virtual Assistant allows clients to contact iA Financial Group in writing or verbally, a natural way of communicating, which helps people feel closer to and supported by the company. "Hello! I am the iA Virtual Assistant.
QUEBEC CITY , Jan. 10, 2019 /CNW Telbec/ - iA Financial Group has taken another step in its digital shift by integrating the Individual Savings and Retirement and Mortgages sectors in its iA Mobile app. Specifically, they will be able to see the loan balance and rate, the remaining amortization and other relevant information about their mortgage product.
Effective January 1, 2019 , IAIFS is a subsidiary all of whose common shares are held by iA Financial Corporation Inc. ("iA Financial Corporation"). Under the plan of arrangement, all the common shares of IAIFS outstanding at January 1, 2019 have been exchanged for newly issued common shares of iA Financial Corporation, the new holding company, on a one‑for‑one basis.
QUEBEC CITY , Dec. 21, 2018 /CNW Telbec/ - Industrial Alliance Insurance and Financial Services Inc. ("iA Financial Group" or the "Corporation") announced today that it has entered into an automatic share repurchase plan (the "automatic plan") under which its designated broker will repurchase the Corporation's common shares pursuant to its previously announced normal-course issuer bid ("NCIB"), which commenced on November 12, 2018. The actual number of common shares purchased under the automatic plan, the timing of such purchases and the price at which common shares are purchased will depend upon future market conditions.
Industrial Alliance Insurance and Financial Services Inc. (TSE:IAG) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a Read More...
Canada-Wide Philanthropic Contest - A Saskatchewan Charity Wins the Public's Hearts and $125,000
Assessing Industrial Alliance Insurance and Financial Services Inc’s (TSE:IAG) past track record of performance is a useful exercise for investors. It allows us to understand whether the company has met Read More...
Q3 2018 Industrial Alliance Insurance and Financial Services Inc Earnings Call
QUEBEC CITY , Nov. 7, 2018 /CNW Telbec/ - The Board of Directors of Industrial Alliance Insurance and Financial Services Inc. ("iA Financial Group") (TSX: IAG) announced today the payment of a quarterly dividend of $0.4150 per outstanding common share for the quarter ended September 30, 2018 . This dividend will be payable on December 17, 2018, to all common shareholders of record at the close of business on November 23, 2018 . Industrial Alliance reminds common shareholders who wish to enrol in the company's Dividend Reinvestment and Share Purchase Plan ("DRIP") that they must do so no later than 4:00 p.m. on November 16, 2018 , in order to reinvest the next dividend.
QUEBEC CITY , Nov. 7, 2018 /CNW Telbec/ - With the approval of the Toronto Stock Exchange, the board of directors of Industrial Alliance Insurance and Financial Services Inc. ("iA Financial Group" or the "Company") has authorized the Company to purchase, in the normal course of its activities, from November 12, 2018 to November 11, 2019, up to 5,482,768 common shares, representing approximately 5% of its 109,655,360 common shares issued and outstanding as at November 1, 2018 , the whole subject to the prior approval of the Autorité des marchés financiers. The purchases will be made at market price at the time of purchase through the facilities of the Toronto Stock Exchange or an alternative Canadian trading system, in accordance with market rules and policies. The common shares purchased will be cancelled.