Renee Laflamme - IA Financial President

IAG Stock  CAD 131.41  0.54  0.41%   

President

Ms. Renee Laflamme, CPA, CA, CFA, is an Executive VicePresident Individual Insurance and Annuities of the Company. Ms. Laflamme is an Executive Vice President Group Benefits and Retirement Solutions of Industrial Alliance Insurance and Financial Services Inc. She served from 20102015 VicePresident, Group Savings and Retirement and from 20042010 VicePresident, Mortgage Loans since 2018.
Age 45
Tenure 6 years
Address 1080 Grande AllEe West, Quebec City, QC, Canada, G1K 7M3
Phone418 684 5000
Webhttps://ia.ca
Laflamme has a Bachelor of Administration from Laval University and is a Chartered Accountant and Chartered Financial Analyst. After ten years with a accounting firm, Ms. Laflamme joined Industrial Alliance in 1998, as Director of Client Services for the Investment Department. In Mortgage Loans, Ms. Laflamme was given the firstever mandate to develop mortgage loan activities across Canada and in the Northwestern United States.

IA Financial Management Efficiency

As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.09. At this time, IA Financial's Intangibles To Total Assets are very stable compared to the past year. As of the 26th of November 2024, Debt To Assets is likely to grow to 0.02, while Other Current Assets are likely to drop about 3.3 B. IA Financial's management efficiency ratios could be used to measure how well IA Financial manages its routine affairs as well as how well it operates its assets and liabilities.
iA Financial has accumulated 1.88 B in total debt with debt to equity ratio (D/E) of 0.23, which may suggest the company is not taking enough advantage from borrowing. iA Financial has a current ratio of 5.7, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist IA Financial until it has trouble settling it off, either with new capital or with free cash flow. So, IA Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like iA Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IAG to invest in growth at high rates of return. When we think about IA Financial's use of debt, we should always consider it together with cash and equity.

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iA Financial Corporation Inc., through its subsidiary, Industrial Alliance Insurance and Financial Services Inc., provides various life and health insurance products in Canada and the United States. The company was founded in 1892 and is headquartered in Qubec, Canada. IA FINANCIAL operates under InsuranceDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 7000 people. iA Financial (IAG) is traded on Toronto Exchange in Canada and employs 30 people. IA Financial is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

iA Financial Leadership Team

Elected by the shareholders, the IA Financial's board of directors comprises two types of representatives: IA Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IAG. The board's role is to monitor IA Financial's management team and ensure that shareholders' interests are well served. IA Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IA Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
BBA CFA, Ex Officer
Ginette Maillee, Independent Director
Danielle Morin, Independent Director
Pierre Miron, Executive Vice President - Information Technology
MarieAnnick Bonneau, Head Relations
Denis Ricard, Senior Vice President - Business Development
Gary Coles, Senior Insurance
Carl Mustos, Executive Vice President - Wealth Management
Renee Laflamme, Executive Vice President Individual Insurance, Savings and Retirement
Jacques Potvin, Chief Financial Officer, Executive Vice President, Chief Actuary
CLU CFP, Savings Insurance
Nicolas DarveauGarneau, Independent Director
Monique Mercier, Independent Director
Alain MSc, Executive Officer
Benoit Daignault, Independent Director
Alain Bergeron, Executive Vice President and Chief Investment Officer
Claude Lamoureux, Independent Director
Jacques Martin, Independent Chairman of the Board
Lilia Sham, Executive Vice President of Corporate Development
BSc FSA, Pres CEO
Alnoor Jiwani, Senior Services
Sean OBrien, Senior Vice President - Dealer Services and Special Risks
Emma Griffin, Independent Director
JeanFrancois Boulet, Senior Vice President - Human Resources and Communications
BS CFA, Ex Officer
Louis Tetu, Independent Director
Michael Stickney, Executive Vice President and Chief Growth Officer
Agathe Cote, Independent Director
Marc Poulin, Independent Director
Pierre Picard, Manager Relations

IAG Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is IA Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with IA Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IA Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IA Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against IAG Stock

  0.83VCM Vecima NetworksPairCorr
The ability to find closely correlated positions to IA Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IA Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IA Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iA Financial to buy it.
The correlation of IA Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IA Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iA Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IA Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in IAG Stock

IA Financial financial ratios help investors to determine whether IAG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IAG with respect to the benefits of owning IA Financial security.