Home Breadcrumb caret Industry News Breadcrumb caret Industry Desjardins AUM, AUA reach $100B Desjardins Group’s life insurance, heath insurance and retirement savings unit reported a surge in profits in Q1 as assets under management and administration reached a record $100 billion. For the three-month period ending March 31, Desjardins Financial Security reported net income of $133.3 million, up 34.5% from $99.1 million in the same period a year […] By Staff | May 18, 2017 | Last updated on May 18, 2017 1 min read Desjardins Group’s life insurance, heath insurance and retirement savings unit reported a surge in profits in Q1 as assets under management and administration reached a record $100 billion. For the three-month period ending March 31, Desjardins Financial Security reported net income of $133.3 million, up 34.5% from $99.1 million in the same period a year earlier. Gross insurance premiums reached $1 billion, increasing $44.2 million or 4.5% from to Q1 2016. Overall, the growth in net income was attributable to “a favourable claims experience,” Desjardins said. Also read: Raymond James gains team from BMO What to do about those lower returns Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo