Industrial Alliance Insurance and Financial Services, Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: I902B4B2702BEN
BAC Reports

Abstracts

Industrial Alliance Insurance and Financial Services, Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Industrial Alliance Insurance and Financial Services, Inc. and its competitors. This provides our Clients with a clear understanding of Industrial Alliance Insurance and Financial Services, Inc. position in the Industry.

• The report contains detailed information about Industrial Alliance Insurance and Financial Services, Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Industrial Alliance Insurance and Financial Services, Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Industrial Alliance Insurance and Financial Services, Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Industrial Alliance Insurance and Financial Services, Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Industrial Alliance Insurance and Financial Services, Inc. business.

About Industrial Alliance Insurance and Financial Services, Inc.

Industrial Alliance Insurance and Financial Services Inc., a life and health insurance company, operates in the insurance and financial services sectors. The company offers a range of individual and group life and health insurance products, savings and retirement plans, registered retirement savings plans, mutual and segregated funds, securities, auto and home insurance, mortgage loans, as well as other financial products and services.

The company also operates mutual fund, securities brokerage, and trust businesses. These businesses are primarily related to the Individual Wealth Management business and are included with the Individual Annuities. The company's products and services are offered on both an individual and group basis. It has operations in Canada, as well as in the western United States.

The company serves approximately 3 million Canadians. It has subsidiaries in the following sectors: life and health insurance (Industrial Alliance Pacific Insurance and Financial Services Inc. and Excellence Life Insurance Company), mutual fund management (IA Clarington Investments Inc.), mutual fund brokerage (Investia Financial Services Inc. and FundEX Investments Inc.), securities brokerage (Industrial Alliance Securities Inc.), financial services brokerage (Solicour Inc.), investment management (Industrial Alliance Investment Management Inc.), general insurance (Industrial Alliance Auto and Home Insurance Inc.) and trust services (Industrial Alliance Trust Inc.).

ACTIVITY SECTORS

The company operates in four main businesses. Two of these include Individual Insurance and Individual Wealth Management that address the needs of retail customers; and the other two, Group Insurance and Group Pensions address the needs of businesses and group clients.

PERSONAL FINANCIAL SERVICES

The company offers insurance and wealth management products to individuals through two major lines of business: Individual Insurance and Individual Wealth Management.

Individual Insurance

In the individual insurance business, the company distributes a range of life insurance (universal, permanent, and term), health insurance, disability insurance, and mortgage insurance products. It offers a range of savings and retirement products, including registered retirement savings plans (RRSPs), non-registered retirement savings plans, registered education savings plans (RESPs), registered retirement income funds (RRIFs), life annuities, and fixed-term annuities.

Acquisitions

In January 2008, the company acquired Excellence Life Insurance Company and its affiliated distribution networks. Excellence primarily distributes its products in Quebec through independent brokers and authorized agents working with professional associations. Through this acquisition, the company entered the individual health and disability insurance market.

In May 2008, the company also acquired United Family Life Insurance Company, a life and health insurance company in the United States. This acquisition allows Industrial Alliance to obtain licenses to operate from a U.S. subsidiary in 49 of the 50 states in the U.S. United Family Life changed its name to IA American Life Insurance Company and became a wholly-owned subsidiary of the company.

The company operates a U.S. branch from its Vancouver-based wholly owned subsidiary, Industrial Alliance Pacific Insurance and Financial Services Inc. Industrial Alliance Pacific distributes individual life and annuity products in the Western United States, mainly in California, Texas and Arizona.

Products and Systems

The company offers universal life insurance; term insurance; critical illness insurance, which provides coverage for the illnesses and conditions covered under its critical illness product. This product covers 25 critical illnesses and conditions; and guaranteed issue insurance.

Individual Wealth Management

Acquisitions

In July 2008, the company acquired National Financial Corporation (NFC). NFC is the parent company of AEGON Dealer Services Canada Inc. (AEGON), a mutual fund brokerage firm, Money Concepts (Canada) Limited (Money Concepts), a financial services firm, and National Financ

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. COMPETITORS AND INDUSTRY ANALYSIS

5.1. Industrial Alliance Insurance and Financial Services, Inc. Direct Competitors
5.2. Comparison of Industrial Alliance Insurance and Financial Services, Inc. and Direct Competitors Financial Ratios
5.3. Comparison of Industrial Alliance Insurance and Financial Services, Inc. and Direct Competitors Stock Charts
5.4. Industrial Alliance Insurance and Financial Services, Inc. Industry Analysis
5.4.1. Industry Snapshot
  5.4.2. Industrial Alliance Insurance and Financial Services, Inc. Industry Position Analysis

6. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. ENHANCED SWOT ANALYSIS²

9. CANADA PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. PORTER FIVE FORCES ANALYSIS²

12. INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES, INC. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

Industrial Alliance Insurance and Financial Services, Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Industrial Alliance Insurance and Financial Services, Inc. 1-year Stock Charts
Industrial Alliance Insurance and Financial Services, Inc. 5-year Stock Charts
Industrial Alliance Insurance and Financial Services, Inc. vs. Main Indexes 1-year Stock Chart
Industrial Alliance Insurance and Financial Services, Inc. vs. Direct Competitors 1-year Stock Charts
Industrial Alliance Insurance and Financial Services, Inc. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

Industrial Alliance Insurance and Financial Services, Inc. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Industrial Alliance Insurance and Financial Services, Inc. Key Executives
Industrial Alliance Insurance and Financial Services, Inc. Major Shareholders
Industrial Alliance Insurance and Financial Services, Inc. History
Industrial Alliance Insurance and Financial Services, Inc. Products
Revenues by Segment
Revenues by Region
Industrial Alliance Insurance and Financial Services, Inc. Offices and Representations
Industrial Alliance Insurance and Financial Services, Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Industrial Alliance Insurance and Financial Services, Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Industrial Alliance Insurance and Financial Services, Inc. Capital Market Snapshot
Industrial Alliance Insurance and Financial Services, Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Industry Statistics
Industrial Alliance Insurance and Financial Services, Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Industrial Alliance Insurance and Financial Services, Inc. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?