Great West Lifeco
![]() | DATE OF CREATION: 1891, Canada |
CLASS OF BUSINESS: Life | |
MAIN UNDERWRITING ZONES: America, Europe and Asia | |
15 structures and presence in Canada, United States and Europe. |
Great West Lifeco: contact
Address : 100 Osborne Street North Winnipeg, Manitoba R3C 1V3, Canada |
Tel : +1 204 946 1190 / 1 888 252 1847 |
Website: www.greatwestlifeco.com |
Great West Lifeco: rating
Agency | Rating | Outlook |
Standard & Poor's | AA | Stable |
A.M. Best | A+ | Stable |
Moody’s | Aa3 | Stable |
Fitch Ratings | AA | Stable |
Great West Lifeco: main indicators
in thousands USD2018 | 2019 | 2020 | 2021 | |
Global turnover | 29 307 000 | 33 109 000 | 37 357 000 | 44 908 000 |
Reinsurance turnover | 7 737 000 | 13 657 000 | 15 373 000 | 24 394 000 |
Shareholder’s equity | 20 082 000 | 19 547 000 | 21 133 000 | 23 850 000 |
Net result | 2 268 000 | 1 907 000 | 2 406 000 | 2 552 000 |
Great West Lifeco: capital and shareholding
Shareholders | En% | ![]() |
Power Financial Corp | 70.57% | |
Others | 29.43% |
Great West Lifeco: management
R. Jeffrey Orr | Chairman of the board |
Paul A. Mahon | President & CEO |
Arshil Jamal | Group head, strategy, investments, reinsurance and corporate development |
Garry MacNicholas | Chief financial officer |
Graham R.Bird | Chief risk officer |
David Harney | Chief operating officer, Europe |
Jeff Macoun | Chief operating officer, Canada |
Source: Great West Lifeco and A.M. Best
(1) Including preferred shares Exchange rate as at 31/12/2018: 1 CAD = 0.73297 USD ; as at 31/12/2019: 1 CAD = 0.76524 USD ; as at 31/12/2020: 1 CAD = 0.78228 USD ; as at 31/12/2020: 1 CAD = 0.78228 USD ; 31/12/2021: 1 CAD = 0.78241 USD
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