Optimum Financial Group Reports Outstanding Financial Performance for 2024

Optimum Financial Group's Remarkable 2024 Financial Results

Optimum Financial Group held its annual shareholders' meeting on April 29, 2025, where it unveiled its financial outcomes for the year 2024. The results reflected a strong upward trend in revenue generation and overall profitability.

The Group achieved revenues nearing CAD 1.4 billion, accompanied by a total shareholder return that exceeded 17%. This performance highlights not only financial success but also operational efficiency, particularly in the property and casualty insurance sector in Canada, which exhibited an impressive loss ratio. The life reinsurance business in the United States also contributed positively, marking a significant improvement in mortality rates.

Another key milestone for Optimum Financial was the management of assets across various regions, including Canada, the United States, and France, which totaled CAD 8.4 billion as of December 31, 2024. This substantial figure showcases the company's effective asset management strategies, designed to benefit clients and enhance their offerings by integrating carbon footprint reduction considerations into their investment portfolios.

Anabelle Blondeau, President and CEO of Optimum Group Inc., expressed pride in the company's Canadian heritage and its commitment to serving clients and stakeholders. She emphasized Optimum's goal to contribute to sustainable growth across the sectors it operates in, particularly in North America and France. Blondeau highlighted the company’s core values—integrity, creativity, partnership, and entrepreneurship—as the foundation of its reputation and operational success.

The CEO praised the company's financial strength, indicating it enables them to ensure stability and longevity as a private employer headquartered in Montréal. She extended gratitude to the employees, whose dedication and commitment are instrumental in driving the company's value. Highlighting the significance of fostering the next generation, Blondeau stated this continuity is vital for preserving the founders' spirit in the organization.

In addition to the financial report, the 2024 Optimum Gilles-Blondeau Award was presented to Optimum Re Insurance Company in the United States for its exceptional premium growth and performance, largely credited to advancements in mortality. This annual award serves to recognize a subsidiary's vital role in the Group’s overall success, paying tribute to the organization’s founder.

Since its establishment in 1969, Optimum Financial Group has maintained a steadfast focus on achieving financial security for its clients. The global, privately-owned company operates in numerous domains such as actuarial consulting, general insurance, life insurance, and real estate, among others. With over 700 employees across 20 business locations in Canada, the United States, and France, the company’s robust revenue and total asset figures speak volumes about its operational effectiveness and market presence.

As Optimum Financial Group moves forward, its dedication to client service, sustainability, and organizational integrity will likely position it well for future growth and stability in the evolving financial landscape. Shareholders can take comfort in the accountability and transparency demonstrated by the leadership in this year's financial disclosures, and they can look ahead to further achievements and contributions to their respective sectors.