IA Q4/15 Slides Call & Verif


1


Fourth quarter 2015‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ Conference Call


Presenters: Yvon Charest, President and CEO René Chabot, EVP, CFO and Chief Actuary


February 11, 2016

Q4 Highlights Another strong quarter on a core basis



Profit


Business Growth


Financial Strength

► Expected profit up 11% YoY to $129.4 million

► Reported EPS of $0.04 after assumption strengthening

► Core EPS of $1.05 driven primarily by individual life gains

► Strain at 20% of sales better than quarterly guidance of 25%


► Outstanding quarter for Individual Insurance, Group Savings and Employee Plans

► Continued progression for seg funds, Dealer Services and Special Markets Solutions

► Strong YoY growth for P&D and AUA/AUM despite mutual fund outflows


► Solvency ratio of 213% reflects acquisitions and seg fund capital volatility

► Significant lapse strengthening with no impact on capital; future earnings secured

► Book value per share of $36.76 (+ 9% YoY) maintains steady upward trend


2

Sales Highlights An outstanding year except for mutual funds


Fourth quarter

Year-to-date at December 31


► Individual Insurance

2015

2014

Variation

2015

2014

Variation


52.2

21.5


48.2 8%

13.9 55%


176.9

77.4


162.01

54.0


9%

43%

Canada United States

Total

73.7

62.1

19%

254.3

216.0 18%

► Individual Wealth Management


82.3

(247.5)


88.7

(68.0)


(6.4)

(179.5)


422.4

(995.3)


288.7

(119.3)


133.7

( 876.0

Segregated funds - net sales Mutual funds - net sales

Total - net sales

(165.2)

20.7

(185.9)

(572.9)

169.4

( 742.3

► Group Insurance


14.5

138.4

59.1


7.5 93%

128.1 8%

53.5 10%


68.0

560.7

190.3


70.2 (3%)

535.8 5%

179.8 6%

Employee Plans Dealer Services

Special Markets Solutions

Total

212.0

189.1 12%

819.0

785.8 4%

► Group Savings and Retirement

477.0

229.1

108%

1,316.2

987.7 33%

► IA Auto and Home

51.5

48.1 7%

246.6

233.4 6%

($Million, unless otherwise indicated)


3 1 Excess premiums for Q1-2014 were revised downwards by $9.5M due to a correction related to large policies.

Asset Growth Solid despite mutual fund outflows


AUM/AUA

(assets under management and administration, in $B)


98.8


83.5


109.5


32.7


115.8


36.9


Assets Under Management and Administration


($Billion, unless otherwise indicated)

December 31,

2015

YoY


Assets under management


AUA

73.6


21.9


23.9

General fund

33.2

5%

Segregated funds

19.8

5%

Mutual funds

10.4

(12%)

Other

15.5

6%

Subtotal

78.9

3%

29.3



AUM


51.7


59.6

69.5 76.878.9


Assets under

administration 36.913%



Total 115.8 6%

2011 2012 2013 2014 2015


4

Industrial Alliance Insurance and Financial Services Inc. issued this content on 11 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 February 2016 14:38:46 UTC

Original Document: http://files.ia.ca/-/media/files/ia/investisseurs/rapportsfinanciers/trimestriel/2015/trimestre4/en/conference_call/q4_2015_slides_call.pdf