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Great-West Lifeco Inc.(GWO-PR-Y-T)
TSX

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Day Low16.96
Day High17.20
Open:17.20
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Automated Summaries - The Globe and Mail
Closing Bell: Great-West Lifeco Inc. down on Monday (GWO-PR-Y)
The Globe and Mail
Yields are on sale, but the bargains may not last long

Profile

Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 31% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 26%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the UK, Ireland, and Germany. The Europe segment contributed around 21% of adjusted earnings and the reinsurance business accounts for around 22% of adjusted earnings.

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