Company: Great-West Lifeco Inc.

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Great-West CEO mulls bringing firm’s three units under one brand

Relaunching GWL, Canada Life and London Life under a single banner is a topic of discussion at the firm, said Paul Mahon at Thursday’s AGM

Insurer consolidates its distribution activities with those of its subsidiaries. Is there more to come?

Great-West CEO mulls bringing firm’s three units under one brand

The firm will be cutting 1,500 positions, or 13% of its staff, including jobs involved in supporting advisors — but no advisors will be let go

Insurers experiencing big drop in sales this year

Sales of individual life insurance policies were considerably higher in Q4 and in 2016, overall, in advance of the new, more restrictive tax rules that kicked in on Jan. 1

The merged firms will combine to create Irish Life Health

Great-West CEO mulls bringing firm’s three units under one brand

Stefan Kristjanson, currently executive vice president, strategy and transformation, will succeed Dave Johnston following his retirement in August

Aviva Health and GloHealth will be combined into one company

Sun Life, Manulife and Great-West Lifeco have been able to boost yields by shifting assets to longer-duration assets from public equities

Consolidated sales up 36% over last year

  • By: IE Staff
  • May 7, 2015 May 7, 2015
  • 15:25

Move to buy U.K.’s Equitable Life annuity business should be completed by the end 2015