GWO 📈 Great-West Lifeco - Overview

Great-West Lifeco Inc. is a diversified financial services company with a broad range of offerings in life and health insurance, retirement and investment services, asset management, and reinsurance. The company's operations span across Canada, the United States, and Europe, providing a comprehensive suite of products to individuals, families, businesses, and organizations. Its product portfolio includes life insurance, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance, as well as retirement and wealth savings, income and annuity products, and other specialty products. Additionally, Great-West Lifeco offers individual product solutions and employer-sponsored retirement savings plans, which provide saving, investment, and advisory services to help clients achieve their financial goals.

The company's wealth management offerings are equally impressive, featuring payout annuity, equity release mortgages, pensions, and investments products. It also provides bulk and individual payout annuities, equity release mortgages, life bonds, and retirement drawdown and pension products, catering to the diverse needs of its clients. Furthermore, Great-West Lifeco offers asset management services to pension schemes, insurance companies, wealth managers, fiduciary managers, and sovereign wealth funds, as well as managing assets for third-party institutional clients. Its reinsurance products include life, annuity/longevity, mortgage surety, and property catastrophe reinsurance, providing an added layer of protection for its clients. The company's products are offered under the Canada Life, Irish Life, and Empower brand names, and are distributed through a vast network of sales force, brokers, consultants, advisors, and other intermediaries.

With a history dating back to 1891, Great-West Lifeco Inc. has established itself as a trusted and reliable provider of financial services. The company is based in Winnipeg, Canada, and operates as a subsidiary of Power Financial Corporation. Its common stock is listed under the ISIN code CA39138C1068, and is classified under the GICS Sub Industry of Life & Health Insurance. Great-West Lifeco's commitment to providing innovative and effective financial solutions has enabled it to build a strong presence in the market, with a website available at https://www.greatwestlifeco.com. Through its extensive range of products and services, the company aims to help its clients achieve financial security and prosperity, making it a leading player in the life and health insurance industry.