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April 01, 2015 6:57 PM ET

Insurance

Company Overview of Great-West Life & Annuity Insurance Co.

Company Overview

Great-West Life & Annuity Insurance Company provides various life insurance, and retirement and investment products to individuals, businesses, and other private and public organizations in the United States, Puerto Rico, Guam, and the United States Virgin Islands. The company’s Individual Markets segment offers various forms of life insurance, annuity, and retirement products to individuals and businesses. Its life insurance products include participating and non-participating term life, whole life, universal life, and variable universal life, as well as premium universal life insurance, registered variable universal life insurance, private placement variable universal life insurance (PPVUL...

8515 East Orchard Road

Greenwood Village, CO 80111

United States

Founded in 1907

4,500 Employees

Phone:

303-737-3000

Key Executives for Great-West Life & Annuity Insurance Co.

Chief Executive Officer, President, Director, Member of Executive Committee and Member of Risk Committee
Age: 62
Chief Financial Officer and Senior Vice President
President of Empower Retirement
Executive Vice President of Empower Retirement
Age: 53
Executive Vice President of Individual Markets
Age: 58
Compensation as of Fiscal Year 2014.

Great-West Life & Annuity Insurance Co. Key Developments

Great-West Life & Annuity Insurance Co. Appoints Kara Roe as Vice President and Controller

Effective March 16, 2015, Kara Roe, age 36, has been appointed as Vice President and Controller of Great-West Life & Annuity Insurance Company and will take on the responsibilities of the principal accounting officer of the company. Ms. Roe has been with the company since April 2010 and previously served as Vice President, Taxation.

Great-West Life & Annuity Insurance Co. Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Great-West Life & Annuity Insurance Co. announced unaudited earnings results for the fourth quarter and full year ended December 31, 2014. The company reported net earnings of CAD 93 million in the fourth quarter compared to CAD 81 million for the same quarter last year. Great-West Financial sales in the fourth quarter of 2014 were USD 4.0 billion, down from USD 5.3 billion in the fourth quarter of 2013. Sales for the twelve months ended December 31, 2014 were USD 15.3 billion compared to USD 12.5 billion in 2013, a 22% increase.

Great-West Life & Annuity Insurance Co. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Great-West Life & Annuity Insurance Co. reported unaudited earnings results for the third quarter and nine months ended September 30, 2014. Net earnings attributable to common shareholders for the third quarter of 2014 were $107 million compared to $76 million in the third quarter of 2013. Sales in the third quarter of 2014 were $6.2 billion, up from $2.2 billion in the third quarter of 2013 due to one large 401(k) plan sale and significant increases in Individual Markets' sales in the executive benefits, retail bank insurance, Individual Retirement Account (IRA) and individual annuity markets. The company reported net earnings of $115 million in the third quarter compared to $86 million for the same period last year. Sales for the nine months ended September 30, 2014 were $11.3 billion compared to $7.2 billion in 2013.

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