Optimum Group Shows Excellent Results for 2014
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwired) -- 05/04/15 -- On Wednesday, April 29, the Board of Directors of Optimum Group Inc. held its annual shareholders'' meeting at which management presented the business results for 2014. The Group''s return on equity was 12.9 %, exceeding the budgets set at the beginning of the year. The written and assumed premiums for the company have increased by 12.6%, and total assets have grown 17.1%. For shareholders, the yield was 14.9% when including the dividends paid during the year.
'''' The results for 2014 were remarkable in the vast majority of the company''s business sectors. I would like to highlight the particular performance of our subsidiaries in the sectors of reinsurance, asset management - which now manages close to $8 Billion of third-party assets, and property and casualty insurance." declared Ms. Anabelle Blondeau, President and Chief Operating Officer, Optimum Group Inc. ''''Undoubtedly, the expertise, rigor, and commitment of our teams are key factors that contribute directly to achieving such good results, year after year." she added.
The financial group also presented the Optimum Enterprise Award 2014 to Optimum Re Insurance Company, a subsidiary active in the life reinsurance industry in the United States. The winner has been selected for the sustained growth of its revenues and its excellent profitability.
About Optimum Re Insurance Company
Member of the Optimum Group, Optimum Re Insurance Company has been active since 1987 in the individual life reinsurance industry in the United States. The company has shown significant growth over the last few years while maintaining a healthy financial position and has earned a top-ranking reputation for its excellence in client service.
About Optimum Group Inc.
Founded in 1969 by actuaries, Optimum Group is a private international financial group active in life reinsurance, property and casualty insurance, life insurance, actuarial consulting and asset management. Optimum Group operates mainly in Canada, the U.S. and France. More than 500 employees contribute to Optimum''s success.
Contacts:
Source: Anne-Marie Morrison
Director of communications
Optimum Group Inc.
(514) 288-2010
Information: Chantal Brule
Vice President, Finance and Treasurer
Optimum Group Inc.
(514) 288-2010
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Datum: 04.05.2015 - 11:32 Uhr
Sprache: Deutsch
News-ID 1356186
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