Lévis, Quebec-based Desjardins Financial Security continued to grow its business in the third quarter ended September 30.

For the third quarter, net income was $70.1 million, compared to $67.6 million in Q3 2009. Insurance sales stood at $46.5 million compared to $44.2 million last year. Insurance premiums totalled $726.6 million, versus $682.4 million in Q3 2009. Savings product sales were $308.3 million.

Assets under management and administration stood at $25.5 billion, compared to $21.9 billion over the same period a year ago.

DFS, a subsidiary of Desjardins Group, the largest co-operative financial group in Canada, specializes in providing life insurance, health insurance and retirement savings products to individuals and groups.