News: Great-West Lifeco Inc (GWO.TO)

GWO.TO on Toronto Stock Exchange

28.96CAD
24 May 2013
Price Change (% chg)

$-0.03 (-0.10%)
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$28.99
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Thu, May 2 2013

WRAPUP 1-Manulife, Great-West profits meet expectations, shares up

TORONTO, May 2 - Canada's top life insurer, Manulife Financial Corp, reported a 56 percent drop in profit in the first quarter, while earnings at rival Great-West Lifeco Inc rose 15 percent as both companies met expectations in a tough market.

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New Issue- Great-West Lifeco prices 500 mln euro 2023 bond

Underlying govt bond Over Mid-swaps, equivalent to 122.8bp

Canada's Great-West Lifeco buys Irish Life for $1.7 billion

DUBLIN - Canadian life insurer Great-West Lifeco bought state-rescued insurer Irish Life for 1.3 billion euros ($1.7 billion) on Tuesday in a deal that increases its presence in Ireland and lightens the Irish government's debts.

UPDATE 3-Canada's Great-West Lifeco buys Irish Life for $1.7 bln

* Irish finance minister to explore further potential sales

fitch affirms great-west lifeco's ratings following irish life acquisition announcement

Feb 19 - Fitch Ratings has affirmed the ratings of Great-West Lifeco (TSE:GWO) including the holding company's Issuer Default Rating (IDR) at 'A+' and all outstanding senior debt and hybrid issues, as well as the Insurer Financial Strength (IFS) ratings of all operating subsidiaries at 'AA'. The Rating Outlook is Stable. Today's action follows the announcement that GWO will be acquiring Irish Life Group Limited (Irish Life) for EUR1.3 billion. The transaction is expected to close in the third

Irish Life sale to push government debt below 120 percent of GDP

DUBLIN, Feb 19 - Ireland's sale of Irish Life to Canadian life insurer Great-West Lifeco will help push the government's debt below 120 percent of GDP this year, the country's finance ministry said on Tuesday.

Great-West Lifeco to buy Irish Life for C$1.75 bln

Feb 19 - Canadian life insurer Great-West Lifeco Inc said on Tuesday it would buy Irish Life Group Ltd for C$1.75 billion ($1.73 billion).

Great-West Lifeco profit drops on litigation costs

Feb 7 - Great-West Lifeco Inc, Canada's second-largest life insurer, said on Thursday its fourth-quarter profit fell by 43 percent as the company took a C$140 million litigation reserve.

TEXT - Fitch affirms Great-West Lifeco

Jan 9 - Fitch Ratings has affirmed the ratings of Great-West Lifeco (TSE:GWO) including the holding company's Issuer Default Rating (IDR) at 'A+' and all outstanding senior debt and hybrid issues, as well as the Insurer Financial Strength (IFS) ratings of all operating subsidiaries at 'AA'. The Rating Outlook is Stable. The ratings rationale is based upon the company's consistently strong and stable core insurance earnings; strong competitive position in the Canadian market; conservative inv

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