Organic Capital Generation and IFRS Transition Outlook
Non-IFRS and Additional Financial Measures (cont.)
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Individual Wealth Management mutual funds deposits, Group Savings and Retirement deposits, US Operations Dealer Services premium equivalents and Group Insurance Employee Plans ASO,
Investment contracts and premium equivalents and deposits:
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Category under Regulation 52-112: Supplementary financial measures.
Definitions:
Deposits refer to amounts received from clients under an investment contract. Deposits are not reflected in the Company's income statements.
Premium equivalents refer to amounts related to service contracts or services where the Company is primarily an administrator but could become an insurer if a specific event were
to happen. These amounts are not accounted for in "Net premiums".
Purpose: Premiums, premium equivalents and deposits are one of many measures used to assess the Company's ability to generate income from in-force and new business.
Individual Insurance minimum and excess premium sales, Individual Wealth Management gross and net mutual fund sales, Group Insurance Employee Plans sales, US Operations Individual Insurance
sales, Group Insurance Special Markets sales, Group Insurance Dealer Services P&C sales, Group Savings and Retirement sales of accumulation contracts and insured annuities, US Operations Dealer
Services sales and General Insurance sales:
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Category under Regulation 52-112: Supplementary financial measures.
Definition:
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Individual Insurance minimum and excess premium sales are defined as first-year annualized premiums. The net premiums presented in the Consolidated Financial Statements
include fund entries on both in-force contracts and new business written during the period and are reduced by premiums ceded to reinsurers.
Individual Wealth Management gross mutual fund sales are defined as deposits and include primary market sales of ETFs.
Individual Wealth Management net mutual fund sales correspond to net fund entries and are defined as Individual Wealth Management gross mutual fund sales less withdrawals and
transfers.
Group Insurance Employee Plans sales are defined as first-year annualized premiums, including premium equivalents (Administrative Services Only).
US Operations Individual Insurance sales are defined as first-year annualized premiums.
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Group Insurance Special Markets sales are defined as fund entries on both in-force contracts and new business written during the period.
Group Insurance Dealer Services P&C sales are defined as direct written premiums (before reinsurance).
Group Savings and Retirement sales of accumulation contracts and insured annuities include gross premiums (before reinsurance) and premium equivalents, or deposits.
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US Operations Dealer Services sales are defined as direct written premiums (before reinsurance) and premium equivalents.
General Insurance sales are defined as direct written premiums.
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Purpose: Used to assess the Company's ability to generate new business and serve as additional tools to help investors better assess the Company's growth potential.
Reconciliation: There is no directly comparable IFRS financial measure disclosed in the financial statements of the Company to which the measure relates.
Group Insurance Dealer Services creditor insurance sales:
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Category under Regulation 52-112: Non-IFRS financial measures that constitute historical information.
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Definition: Premiums before reinsurance and cancellations.
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Purpose: Used to assess the Company's ability to generate new business and serve as an additional tool to help investors better assess the Company's growth potential in the Dealer Services
division of the Group Insurance sector.
Reconciliation: There is no directly comparable IFRS financial measure disclosed in the financial statements of the Company to which the measure relates.View entire presentation