Full Description

Great-West Lifeco Inc. (Lifeco) is a holding company. The Company 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 (GWL&A) and Putnam Investments, LLC. The Company operates through four segments: Canada, United States, Europe and Lifeco Corporate. In Canada, the Company offers a portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. In the United States, the Company caters to the retirement income needs of employees in the public/non-profit and corporate sectors. In Europe, it offers protection and wealth management products, including payout annuity products and reinsurance. On April 1, 2008, Lifeco announced that GWL&A completed the sale of its health care insurance business, Great-West Healthcare, to a subsidiary of CIGNA Corporation.