Strong Core EPS and ROE Growth
Core EPS increased by 19% year-over-year to $2.91, and core ROE stands at 16.1%, progressing towards the 2027 target of 17% plus.
Record Sales in Canada and U.S.
Sales in both Canada and the U.S. were strong, contributing to a 19% year-over-year growth in premiums and deposits and a 15% increase in assets under management and administration.
Robust Capital Position
The company's solvency ratio stands at 132%, supported by organic capital generation and disciplined capital management.
Impressive U.S. Dealer Services Performance
U.S. Dealer Services first quarter sales increased by 23% to USD 306 million, driven by effective growth strategies and expansion of distribution channels.
Outstanding Seg Fund Sales
Gross seg fund sales increased by 52% year-over-year to $1.9 billion, with net sales amounting to nearly $1.2 billion.
Successful Capital Deployment
Capital available for deployment was $1.4 billion, with strategic initiatives including the acquisition of Global Warranty and share buybacks.