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Optimum Financial Group unveils excellent results for 2020
MONTREAL, May 03, 2021 (GLOBE NEWSWIRE) Optimum Financial Group presented once again excellent financial results for 2020 at the Optimum Group Inc.’s annual shareholders’ meeting on April 30, 2021.
The Group strengthens and reinforces its performance by achieving an 11% increase of its revenues reaching nearly 1.2 billion dollars. For the past financial year, the return on equity rises up to 12%. Written premiums have progressed by 12.5% and total assets have grown by over 11%.
Furthermore, assets under management in Canada, in the United States and in France approximately reach 8.2 billion dollars to December 31, 2020.
“Sound risk assessment is at the core of our DNA. This approach has proven to stand behind the success and perennity of our subsidiaries, particularly in the sectors of life reinsurance, general insurance and asset management”, commented Anabelle Blondeau, Vice Chair of the Board and Presiden