Great-West Life

The Great-West Life Assurance Company
Subsidiary
Industry Financial Services (Insurance)
Founded 1891
Founder(s) Jeffry Hall Brock
Headquarters Winnipeg, Manitoba, Canada
Key people Paul Mahon, President and Chief Executive Officer
Employees 18,400 (2008)[1]
Parent Great-West Lifeco
Website www.greatwestlife.com

The Great-West Life Assurance Company (also Great-West Life, French: La Great-West, compagnie d'assurance-vie) is a life insurance company. Its headquarters are located in Winnipeg, Manitoba. Its President and CEO is Paul A. Mahon.

It is owned by Great-West Lifeco, which also owns London Life Insurance Company, Canada Life Financial, Great-West Life & Annuity Insurance Co., and Putnam Investments.

GWL Realty is the Toronto based property and asset management arm of the Great West Life established in 1993.

History and Ownership

Great-West Life was founded in 1891 in Winnipeg.

Great-West Life is currently a subsidiary of Great-West Lifeco, which is a joint-stock corporation traded on the Toronto Stock Exchange. The majority owner of Great-West Lifeco is the Power Corporation of Canada, which administers Great-West through the Power Financial Corporation.

Great-West Life sold its health insurance USA division to Cigna for US$1.5 billion in a deal announced on November 26, 2007.[2]

References

External links

  • Official website of Great-West Lifeco Inc, Great West Life Assurance Company's parent corporation.
  • Official Web site of Great-West Life
  • Official Web site of the Power Corporation of Canada

Coordinates: 49°53′02″N 97°08′59″W / 49.8838°N 97.1496°W / 49.8838; -97.1496