Organic Capital Generation and IFRS Transition Outlook
Q1/22 SALES - Continued momentum to start the year
($M, unless otherwise indicated)
First quarter
•
YOY
Foundation
Very strong sales growth in Individual
Insurance
2022
2021
variation
•
Record segregated fund inflows of
more than $1.0B in Q1
101
58
74%
•
Individual Insurance
Individual Wealth Management
•
General fund - sales
239
229
4%
Segregated funds - net sales
1,009
972
37
Mutual funds - net sales
83
378
(295)
Group Insurance
•
Employee Plans
11
87
(87%)
•
Dealer Services (Creditor, P&C and car loan orig.)
298
231
29%
Special Markets
•
74
47
57%
Group Savings and Retirement
625
693
(10%)
► US Operations ($US)
Individual Insurance
Dealer Services - P&C
¡A Auto and Home
33
31
6%
243
233
4%
88
84
5%
Positive net sales for mutual funds in
a difficult industry environment
Strong sales in Q1 for Dealer Services
despite low vehicle inventories
Expansion
Good sales growth from US Individual
Insurance
Growing sales from US Dealer
Services despite low vehicle
inventories
Good contributions from wealth
distribution affiliates
Support
• Good sales for iA Auto and Home
•
Good retention of in-force business
led to strong premium¹ increase in
Employee Plans division
•
Very strong sales for Special Markets
Net premiums and premium equivalents.
14
This item is a non-IFRS measure; see the "Non-IFRS and Additional Financial Measures" section at the end of this document for relevant information about such measures.View entire presentation