BMO CM's Outlook on Life Insurance Cos

BMO Capital Markets, 4 December 2006We recently revised our target prices for a few of the lifecos and made one change in recommendation, downgrading Industrial Alliance to Market Perform from Outperform due to share price appreciation. As well, we are introducing our 2008 EPS estimates. 2008E EPS growth estimates range from 10% at Sun Life and IAG to 12.5% at Great-West and 14% at Manulife. The