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Industrial Alliance Insurance and Financial Services Inc (IAG.TO)

IAG.TO on Toronto Stock Exchange

54.10CAD
1:47am IST
Change (% chg)

$-0.90 (-1.64%)
Prev Close
$55.00
Open
$54.73
Day's High
$55.08
Day's Low
$53.94
Volume
176,555
Avg. Vol
204,820
52-wk High
$55.97
52-wk Low
$41.32

Latest Key Developments (Source: Significant Developments)

Industrial Alliance Sets Quarterly Dividend Of C$0.45per Share
Thursday, 9 May 2019 

May 9 (Reuters) - Industrial Alliance Insurance and Financial Services Inc ::SETS QUARTERLY DIVIDEND OF C$0.45PER SHARE.  Full Article

iA Financial Q1 Earnings Per Share C$1.40
Thursday, 9 May 2019 

May 9 (Reuters) - Industrial Alliance Insurance and Financial Services Inc ::IA FINANCIAL GROUP REPORTS POSITIVE FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE C$1.40.Q1 SALES ROSE 26 PERCENT TO C$675.5 MILLION.Q1 EARNINGS PER SHARE ESTIMATE C$1.36 -- REFINITIV IBES DATA.QTRLY CORE EPS OF $1.28.AUM/AUA OF $181.0 BILLION AT MARCH 31, UP 4% Y-O-Y.SEES 2019 EARNINGS PER COMMON SHARE OF $5.75 TO $6.15.SEES 2019 RETURN ON COMMON SHAREHOLDERS' EQUITY OF 11.0% TO 12.5%.FY2019 EARNINGS PER SHARE VIEW C$5.97 -- REFINITIV IBES DATA.  Full Article

IA Financial Group Says Currently Analyzing Full Details Of Ituna Litigation Decision
Monday, 18 Mar 2019 

March 18 (Reuters) - Industrial Alliance Insurance and Financial Services Inc ::IA FINANCIAL GROUP - COMMENTS ON FAVOURABLE DECISION IN ITUNA LITIGATION CANADA NEWSWIRE.IA FINANCIAL GROUP SAYS CURRENTLY ANALYZING FULL DETAILS OF DECISION AND WILL PROVIDE FURTHER COMMENTS IF NECESSARY.  Full Article

IA Financial Acquires Abex Brokerage Services Inc
Wednesday, 11 Apr 2018 

April 10 (Reuters) - Industrial Alliance Insurance and Financial Services Inc ::IA FINANCIAL GROUP ANNOUNCES THE ACQUISITION OF ABEX BROKERAGE SERVICES INC..EFFECTIVE IMMEDIATELY, ALL OPERATIONS OF ABEX WILL BE FULLY INTEGRATED & ASSUMED BY IA FINANCIAL'S UNIT.  Full Article

IA Financial Group Enters Into Arrangement Agreement And Board Of Directors Recommends New Holding Company Structure To Shareholders
Tuesday, 27 Feb 2018 

Feb 26 (Reuters) - Industrial Alliance Insurance And Financial Services Inc ::IA FINANCIAL GROUP ENTERS INTO ARRANGEMENT AGREEMENT AND BOARD OF DIRECTORS RECOMMENDS NEW HOLDING COMPANY STRUCTURE TO SHAREHOLDERS.INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES - ‍ENTERED INTO ARRANGEMENT DEAL WITH NEWLY CREATED ENTITY, IA FINANCIAL CORP.INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES INC - UPON DEAL COMPLETION, IAFC WOULD BECOME HOLDING CO AS WELL AS PARENT CORP OF CO.INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES - ‍PURPOSE OF ARRANGEMENT IS TO ADAPT CO'S LEGAL & CORPORATE STRUCTURE TO GROUP'S CURRENT SIZE​.  Full Article

iA Financial Group Announces Acquisition Of PPI Management
Tuesday, 27 Feb 2018 

Feb 26 (Reuters) - Industrial Alliance Insurance And Financial Services Inc ::IA FINANCIAL GROUP ANNOUNCES ACQUISITION OF PPI MANAGEMENT INC. AND OFFERINGS OF COMMON AND PREFERRED SHARES.INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES - ‍BOUGHT DEAL OFFERING OF 2.5 MILLION SHARES FROM IA FINANCIAL GROUP AT PRICE OF $54.10 PER SHARE​.  Full Article

Industrial Alliance Reports Q4 Earnings Per Share Of C$1.24
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Industrial Alliance Insurance And Financial Services Inc ::INDUSTRIAL ALLIANCE REPORTS FOURTH QUARTER AND 2017 RESULTS.Q4 EARNINGS PER SHARE C$1.24.Q4 CORE EARNINGS PER SHARE C$1.27.Q4 SALES FELL 9 PERCENT TO C$334.7 MILLION.Q4 EARNINGS PER SHARE VIEW C$1.31 -- THOMSON REUTERS I/B/E/S.‍QTR-END AUM/AUA OF $169.5 BILLION​.EPS GUIDANCE FOR 2018 EXPECT TO BE IN RANGE OF $5.20 TO $5.60 PER SHARE.FY2018 EARNINGS PER SHARE VIEW C$5.39 -- THOMSON REUTERS I/B/E/S.INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICE- ESTIMATES LOWER CORPORATE TAX RATE TO BENEFIT RESULTS BY ABOUT $0.05 EPS PER YEAR STARTING 2018.  Full Article

Industrial Alliance announces 9 pct increase in the dividend on its common shares
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Industrial Alliance Insurance And Financial Services Inc :Industrial Alliance announces 9% increase in the dividend on its common shares.Industrial Alliance Insurance And Financial Services - ‍increase of $0.03 in dividend per outstanding common share for quarter, raising it to $0.38​.  Full Article

Industrial Alliance Q3 earnings per share c$1.35
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Industrial Alliance Insurance and Financial Services Inc : :Industrial Alliance reports excellent third quarter results.Q3 core earnings per share c$1.35.Q3 earnings per share c$1.35.Q3 earnings per share view c$1.27 -- Thomson Reuters I/B/E/S.Industrial Alliance Insurance and Financial Services Inc - qtrly ‍book value per share of $43.27​.Industrial Alliance Insurance and Financial Services Inc - qtrly ‍dividend increased to $0.38 per common share​.Q3 earnings per share view c$1.27 -- Thomson Reuters I/B/E/S.Industrial Alliance Insurance and Financial Services Inc - sees‍ 2017 earnings per common share within target range of $4.65 to $5.05​.Fy2017 earnings per share view c$4.82 -- Thomson Reuters I/B/E/S.  Full Article

iA Financial acquires Dealers Assurance Co, Southwest Reinsure​
Thursday, 21 Sep 2017 

Sept 21 (Reuters) - Industrial Alliance Insurance And Financial Services Inc ::iA financial group expands its car dealer business to the us.Says deal for ‍US$135 million​.Says deal ‍is expected to be modestly accretive to earnings in 2018, to contribute $0.05 per share in 2019​.Says acquisition will be financed from cash on hand, reduce co's solvency ratio by about 8 percentage points.Says ‍signed agreement to buy shares of privately-owned, us-based dealers assurance company,southwest reinsure​.  Full Article