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iA Financial Group Reports Fourth Quarter and 2020 Results


FOURTH QUARTER HIGHLIGHTS – iA Financial Corporation
Solvency ratio of 130% at December 31, 2020, up five percentage points
Reported and core EPS of $1.60 for the fourth quarter
Expected profit on in-force up 11% YoY and excellent results at iA Auto and Home
Continued strong sales growth, particularly in Individual Insurance (+40% YoY)
Net fund inflows of $792 million, including over $245 million in mutual funds
Slightly positive impact of year-end actuarial assumption review and risk management initiatives, including additional provisions for the pandemic
Reinstatement of market guidance for 2021 with updated core earnings definition
The results presented below are for iA Financial Corporation Inc. ( iA Financial Corporation or the Company ), the holding company that owns 100% of the common shares of Industrial Alliance Insurance and Financial Services Inc. ( iA Insurance ). The results for iA Insurance are presented in a separate ....

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