Great West Lifeco 1St 4.8 H Prf (GWO_ph)

Great-West Lifeco Inc., a financial service holding company, engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, disability, critical illness, accidental death and dismemberment, disability, health and dental protection, and creditor insurance products; and wealth savings and income, retirement savings and income, and other specialty products for individuals, families, businesses, and organizations. It also provides employer-sponsored retirement savings plans that offers saving, investment, and advisory services; wealth and investment management, and related administrative function and distribution services; and investment products, including equity, fixed income, absolute return and alternative strategies, hedge fund and other alternative strategies, model-based separately managed accounts, and model portfolios. In addition, the company offers bulk and individual payout annuities, equity release mortgages, life bonds, and retirement drawdown and pension products; savings and investments; and provides asset management services for pension schemes, insurance companies, wealth managers, fiduciary managers, and sovereign wealth funds, as well as third-party institutional clients. Further, it provides life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Canada Life, Irish Life, Empower, Putnam Investments, and PanAgora brand names. It distributes its products through a network of advisors, dealers, brokers, managing general agencies, financial institutions, consultants, third-party administrators, sales force, financial planners, employee benefit consultants, banks, and multi-tied agents. The company was founded in 1891 and is based in Winnipeg, Canada. Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation.