Exceptional Financial Performance Reported by Optimum Financial Group for 2024
Optimum Financial Group has recently reported outstanding financial achievements for the year 2024 during its annual shareholder meeting held on April 29, 2025. The company's revenue has reached nearly CAD 1.4 billion, presenting a total shareholder return exceeding 17%. These impressive numbers underscore a continued trend of profitability, buoyed by an excellent loss ratio in property insurance across Canada and improved mortality rates in life reinsurance within the United States.
As of December 31, 2024, the company's managed assets across Canada, the United States, and France stood at CAD 8.4 billion. This remarkable figure reflects Optimum's strategic asset management designed to benefit its clients while enhancing its sustainable investment offerings, which incorporate carbon footprint reduction criteria in their portfolios.
"Optimum is proud to be a Canadian company dedicated to serving our clients and partners, with aspirations to foster sustainable growth in the sectors we operate within Canada, the United States, and France. Our reputation rests on deeply held values such as integrity and creativity, as well as partnership and entrepreneurship that define Canada's economic landscape," stated Anabelle Blondeau, President and CEO of Optimum Group Inc.
In her remarks, Blondeau highlighted the company's strong financial position, which ensures longevity and stability for its employees as an international private employer headquartered in Montreal. "I would like to express my gratitude to our exceptional employees whose ongoing dedication fuels our added value every day and reflects our corporate culture centered on trust and humanity. The long-term commitment of our staff is a source of pride and contributes to nurturing a future generation aligned with the vision of our founders," she concluded.
Additionally, Optimum Financial Group honored Optimum Re Insurance Company in the United States with the 2024 Gilles-Blondeau Award for its premium growth and outstanding performance, largely attributed to improved mortality rates. This annual recognition underscores the significant contributions of a subsidiary to the group's overall performance, paying tribute to Optimum’s founder.
Founded in 1969, Optimum Financial Group has been steadfast in its commitment to ensuring the financial security of its clients. With a private international profile, it operates in the areas of actuarial consulting, general insurance, life insurance, global asset management, real estate, life reinsurance, and information technology. The group employs over 700 individuals across various subsidiaries and operates in 20 business locations throughout Canada, the United States, and France. With a revenue nearing CAD 1.4 billion, total managed assets of CAD 8.4 billion, and total assets exceeding CAD 6 billion, Optimum continues its mission of providing quality services and sustainable growth for its clients and communities.
For more information, please contact Stéphanie A. Berthiaume, Vice President of Communications at Optimum Group Inc., at +1 514 288-2010 or via email at [email protected].