DBRS Releases Report on Great-West Lifeco Inc. and Affiliates
Insurance OrganizationsDBRS has today released a report that supports the recent confirmation of Great-West Lifeco Inc. (GWO or the Company) and its affiliated operating subsidiaries, including the Claims Paying Ratings at The Great-West Life Assurance Company, The Canada Life Assurance Company and The London Life Insurance Company.
The existing ratings for the Company and its operating subsidiaries reflect the contribution from a diversified portfolio of businesses, including leading market shares across the Canadian insurance industry and attractive market niches in Europe, in the U.S. financial services market and in reinsurance. In the wake of the global financial crisis, the Company has continued to outperform its Canadian peer group in terms of return on equity, reflecting its conservative product offerings, and low-risk investment portfolio.
The full report providing additional analytical detail is available by clicking on the link under Related Research at the right of the screen or by contacting us at info@dbrs.com.