
TSE:IAG
This summary was created by AI, based on 2 opinions in the last 12 months.
Industrial-Alliance Life Insurance has established a notable presence in the Canadian insurance market, showcasing its ability to grow both domestically and internationally. While it may not be as large as the top three insurers in Canada, it has identified specific growth opportunities that set it apart from its peers. However, the overall insurance sector is experiencing increased valuations that may affect investment decisions. The asset management division is under pressure, creating a reliance on the insurance operations for better performance. In contrast, some experts prefer other companies like SLF and MFC, which are benefiting from growth, especially in Asian markets.
They focus more on personal insurance, but have been consolidating personal investment advisors with the largest network of advisors in Canada now. It trades at 9 times earnings and they are growing the dividend. It is cheaper than a Sunlife or Manulife. Yield 2.9%. (Analysts’ price target is $63.22)
Industrial-Alliance Life Ins is a Canadian stock, trading under the symbol IAG.TO (previously IAG-T on Stockchase) on the Toronto Stock Exchange (IAG-CT). It is usually referred to as TSX:IAG or IAG.TO
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on IAG.TO (previously IAG-T on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Industrial-Alliance Life Ins.
Industrial-Alliance Life Ins was recommended as a Top Pick by Michael Simpson, CFA on 2018-07-25. Read the latest stock experts ratings for Industrial-Alliance Life Ins.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Industrial-Alliance Life Ins.
Industrial-Alliance Life Ins is followed by 94 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-26, Industrial-Alliance Life Ins (IAG.TO) stock closed at a price of $194.99.
No issues with this one. Not as big as the 3 big insurers in Canada, but has still found pockets to grow domestically and outside Canada. Stronger growth outlook, but valuations in the whole sector have come up significantly.