Industrial-Alliance Life InsIAG.TOCOMMENTMay 24, 2016Stock price when the opinion was issued
As of Jul 07, 2026. Market Open.
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 Group (IAG-T) or Intact Financial (IFC-T)? This is a fantastic company and really well-managed. CEO has done a tremendous job. The company understands risk management. He would not want to bet against this in the long run. It is hard to choose between these 2. They are both long-term holds and they both know how to manage risks.