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Industrial Alliance Reports Fourth Quarter and 2017 Results

Quebec,

News Release

Q4-2017 Highlights
  • Reported EPS of $1.24
  • Core EPS1 of $1.27 (+11% YoY)
  • Net reserve strengthening of $0.10 EPS
  • AUM/AUA of $169.5B (+34% YoY)
  • Book value per share of $44.20 (+8% YoY)
  • Solvency ratio of 209% (201% post-DAC closing)
For the fourth quarter ended December 31, 2017, Industrial Alliance Insurance and Financial Services Inc. (TSX: IAG) reports net income attributed to common shareholders of $132.8 million, diluted earnings per common share (EPS) of $1.24 and return on shareholders’ equity (ROE) for the last twelve months of 11.4%.

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