June 19, 2013 7:48 AM ET

Insurance

Company Overview of Desjardins General Insurance Group Inc.

Company Overview

Desjardins General Insurance Group Inc., through its subsidiaries, provides a range of direct property and casualty insurance products to the general public and businesses in Quebec, and members of partner groups across Canada. It offers automobile insurance products that cover for party liability, accident benefits, direct compensation property damage, uninsured driver and optional coverage, collision, family protection, and loss of use; and property insurance products for all risks and basic coverage. The company also provides motorcycle and recreational vehicle insurance that covers for all-terrain vehicles, snowmobiles, trailers, motor homes, boats, and personal watercraft; and business ...

Detailed Description

6300, Boulevard de la Rive-Sud

Levis, QC G6V 6P9

Canada

Founded in 1945

Phone:

418-835-4850

Fax:

418-835-5599

Key Executives for Desjardins General Insurance Group Inc.

Chair of the Board and Chief Executive Officer
Age: 57
President and Chief Operating Officer
Compensation as of Fiscal Year 2012.

Desjardins General Insurance Group Inc. Key Developments

Desjardins General Insurance Group Inc. Reports Financial Results for the First Quarter Ended March 31, 2013

Desjardins General Insurance Group Inc. reported financial results For the first quarter ended March 31, 2013. For the first three months ended March 31, 2013, Desjardins General Insurance Group reported net income of $25.4 million. This was down 59.2% compared with the first quarter in 2012, which benefited from unusually favourable weather across the country. Direct written premiums increased by 6.1% to $482.4 million compared to $454.7 million in the first quarter of 2012. This above market result was achieved entirely through organic growth, with all business areas contributing - mass market home and auto insurance, group insurance, white label partnerships, and commercial lines. The combined ratio in the quarter was 99.8%, 10.9 percentage points higher than in First Quarter 2012, while the return on equity was 10.9%.

Desjardins General Insurance Group Inc. to Report Q1, 2013 Results on May 10, 2013

Desjardins General Insurance Group Inc. announced that they will report Q1, 2013 results at 10:00 AM, Eastern Daylight on May 10, 2013

Desjardins General Insurance Group Inc., Annual General Meeting, Apr 05, 2013

Desjardins General Insurance Group Inc., Annual General Meeting, Apr 05, 2013. Location: Palais des congrès de Montréal.

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Recent Private Companies Transactions

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