Company Profile For Industrial Alliance Insurance and Financial Services Inc.

Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company. Industrial Alliance offers a range of life and health insurance products, savings and retirement plans, registered retirement savings plans, mutual and segregated funds, securities, auto and home insurance, mortgage loans, and other financial products and services. The Company operates in four main sectors: Individual Insurance, Individual Wealth Management, Group Insurance and Group Pensions. Individual Insurance and Individual Wealth Management address the needs of retail customers, and Group Insurance and Group Pensions address those of businesses and group clients. In November 2008, it acquired Sarbit Asset Management Inc. In the Individual Insurance sector, the Company distributes life insurance (universal, permanent and term), health insurance, disability insurance and mortgage insurance products. In the Individual Wealth Management sector, it offers savings and retirement products.

BRIEF: For the six months ended 30 June 2009, Industrial Alliance Insurance & Financial Services Inc.'s revenues increased 5% to $2.74B. Net income available to Common decreased 38% to $78M. Revenues reflect an Increase in net investment income. Net income was offset by an increase in provisions for future policy benefits, higher premium & other taxes, a rise in general expenses and increased financial expense.