Great-West Lifeco (TSX:GWO) News and Share Price


Great-West Lifeco Inc is a leading Canadian insurance provider and financial holding company.

It is a member of the Power Financial Corporation group of companies.

The company provides various financial services like life insurance, health insurance, retirement savings, investment products, asset management, etc.

Canadian businessman Jeffry Hall Brock founded the financial company in 1847.

Headquartered in Winnipeg, Manitoba, the financial firm claims to operate through a network of around 195,000 relationship advisors and 1,000 distribution partners, serving over 30 million customers worldwide.

The financial holding company has operations in Canada, United States, and Europe and Asia through regionally focused subsidiaries.

Great-West Lifeco operates through a platform of companies, including Great-West Life & Annuity Insurance Company, Empower Retirement, The Great-West Life Assurance Company, Canada Life, London Life, Putnam Investments, Irish Life, etc.

• Great-West Life and Annuity Insurance Company: This segment primarily focuses on providing various financial services, including life insurance, retirement benefits, distribution of annuities. They provide the services to individuals and businesses clients either through brokers or institutions.

• Empower Retirement: The division caters to all sorts of employer sponsored retirement plans and also provides individual retirement
• account. It is reportedly the second-largest retirement plan provider in the United States.

• The Great West Life Assurance Company: Provides various insurance products, including trust securities, group payout products and others.

• Canada Life: The subsidiary provides insurance and wealth management services in Ireland, Canada, the United Kingdom, Germany, and the Isle of Man. Some insurance products include life insurance, disability insurance, critical illness insurance, etc., for individuals and business entities.

• London Life: The company provides financial services, including savings, investments, retirement benefit plans, insurance plans and mortgages services to around 1.5 million Canadians, reportedly.

• Putnam Investments: A subsidiary of Great-West Lifeco, it is a global asset manager engaged in providing investment management services and retirement plans. It mainly provides services through intermediaries in Europe, North America and Asia.

Great-West Lifeco Inc, listed on the Toronto Stock Exchange, trades under the ticker symbol 'GWO'.

Contact Information

company address 100 Osborne Street North Winnipeg, Manitoba, Canada R3C 1V3

company phone204-946-1190

company website

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