Is Great-West Lifeco Experiencing A Turnaround In The Insurance Sector?

April 29, 2025 08:08 AM EDT | By Team Kalkine Media
 Is Great-West Lifeco Experiencing A Turnaround In The Insurance Sector?
Image source: Shutterstock

Highlights:

  • Great-West Lifeco share price moves above its 200-day moving average.

  • Activity reflects shifting momentum within the financial and insurance services segment.

  • The company continues to operate across multiple global insurance and asset management markets.

Great-West Lifeco (TSX:GWO) is a major player in the financial services industry, with primary operations in life insurance, retirement, and investment solutions. It maintains a presence in North America and Europe through several subsidiaries offering insurance coverage, benefits management, and savings products.

The company’s operations are diversified across personal and institutional solutions, which include group benefits, retirement income, and asset advisory services. It also provides administrative and consulting support to pension and wealth planning clients.

Share Movement and Trading Milestone

The share price of the company recently crossed a widely observed moving average metric, drawing attention within the financial market segment. Moving averages are frequently referenced in market tracking to observe historical pricing relationships, though they do not serve as forward-looking signals.

Crossing this threshold is often noted when assessing shifts in share activity. However, it does not reflect future expectations and is typically viewed in the context of past pricing performance.

Operational Footprint and Service Reach

Great-West Lifeco operates through well-established brands including Canada Life, Empower, and Irish Life. These businesses contribute to the delivery of services in retirement planning, insurance underwriting, and savings accumulation.

In Canada, the company maintains a significant share of the group benefits and individual insurance segments. Its U.S. operations, particularly through Empower, focus on retirement savings plans and defined contribution recordkeeping services. European operations include life insurance and reinsurance support.

Business Segments and Revenue Streams

The company derives its revenue from premiums, investment income, and fee-based services. In addition to life and health insurance, its investment-related services generate revenue through asset management fees and advisory support.

Reinsurance also forms a portion of the company’s income sources. This involves assuming part of the insurance risk of other carriers and receiving payments in exchange for that responsibility.

Strategic Developments and Market Expansion

Over the past several years, Great-West Lifeco has completed multiple acquisitions that enhanced its presence in the retirement and investment solutions space. These transactions expanded its client base and brought additional capabilities in digital administration and advisory tools.

It has also introduced product enhancements in its retirement platform offerings, including digital tools for financial planning and employer-sponsored benefit management. These improvements align with broader trends toward automation and accessibility in the financial services sector.

Ongoing Market Participation

The company continues to report operational updates and participates in capital markets through public disclosures. These updates often cover financial performance, business developments, and regulatory filings relevant to shareholders and stakeholders.

Great-West Lifeco remains active in initiatives related to financial wellness, group benefit efficiency, and sustainable investing frameworks. These efforts are supported by its internal risk governance, which addresses regulatory compliance and financial standards across its regional business units.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.