The company attributes this result, in part, to its expanded range of segregated funds.

The insurer reported strong growth in investment product sales.

The company published its annual results on Feb. 27, including those of its Canadian subsidiary.

Seasonal update released on Feb. 27.

When combined, surplus earnings from property and casualty insurance, wealth management and life and health insurance de…

However, catastrophe claims still weighed on the company's results.

Core earnings exceeded $7.2 billion.