Financial Group

SSQ Financial Group maintains its position

SSQ Financial Group maintains 6th place in the Top 10 life and health insurers in Canada in 2012*. Also, its premium growth in Canada reached 9.65%, the highest growth rate amongst the Top 10 which can be explained in part by the acquisition of AXA Life Insurance Inc.

Before this acquisition, SSQ Financial Group was already a major player with three main product lines: group insurance, individual and group savings and general insurance. Since then, a new individual insurance product line was added and sales increased significantly: in 2013, we expect to triple AXA's pre-acquisition individual insurance sales.

This increase may be partly attributed to the complementarity between wealth management and life insurance products. The acquisition in 2012 enabled SSQ Financial Group to offer advisors a full range of life insurance and investment products. We are committed to pursuing business development throughout Canada, backed by our excellent customer service standards.

* Ranked by 2012 premiums.

Source: The Insurance and Investment Journal, October 2013.