Blue wave

iA Financial

NAIC#
80675
AM BEST
A+ (Superior)
S & P
Risk Based Capital
Not Published

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This entry appears to align with iA Financial Group's U.S. life insurance platform. California regulator records list iA American Life Insurance Company and document a prior identity as United Family Life Insurance Company, with an effective name change recorded in 2010 (NAIC 91693).[1] iA Financial Group describes itself as Industrial Alliance and outlines its corporate identity and operations as part of its official "Who we are" materials.[2]

iA expanded its U.S. footprint through acquisition. iA announced in 2010 that it would acquire American Amicable Life Insurance Company of Texas, a deal that broadened distribution and product reach in the U.S. life market.[3] Such acquisitions are a common way for Canadian insurers to gain scale in the U.S. without building a full platform from scratch, especially when the target has established agents, systems, and blocks of business.

Over time, the opportunity for iA has been pairing stable, long-duration life insurance management with selective growth via affiliated distribution. Cross-border ownership can also offer diversification: U.S. product demand and regulatory environments differ from Canada, creating a portfolio effect when managed well. The regulatory record of name evolution and the public acquisition announcement together show how iA built a U.S. presence through both rebranding and strategic deals.[1][3]

Sources: [1] https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?doFunction=getCompanyProfile&eid=6980&event=companyProfile ; [2] https://ia.ca/en/about-us/who-we-are ; [3] https://www.prnewswire.com/news-releases/industrial-alliance-acquires-american-amicable-life-insurance-company-of-texas-87361012.html

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