Great-West Lifeco Inc. and Affiliates: Rating Report
On November 13, 2019, DBRS Limited (DBRS Morningstar) confirmed the ratings on GWO and its affiliates. In confirming the ratings, DBRS Morningstar considered GWO’s exceptional global franchise, which is supported by strong market shares in its chosen markets, as well as excellent risk management infrastructure. The Company’s extensive insurance and wealth management operations in Canada, Europe, and the United States, as well as its global reinsurance, offer a high degree of product and geographic diversification. GWO has a long history of generating ROE values, although somewhat declining in 2019. This sustained ROE level is a positive for the ratings.
Great-West Lifeco is a financial services holding company with interests in the life insurance, health insurance, retirement savings, investment management and reinsurance businesses. Co. has operations in Canada, the United States, Europe and Asia through The Great-West Life Assurance Company, London Life Insurance Company, The Canada Life Assurance Company, Great-West Life & Annuity Insurance Company and Putnam Investments, LLC. Co., through its operating subsidiaries, provides protection and savings products that are distributed through multiple sales channels. Products are marketed under the Great-West Life, London Life and Canada Life brands.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.