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February 14, 2016 4:00 AM ET


Company Overview of Canada Life Financial Corporation

Company Overview

Canada Life Financial Corporation, through its subsidiaries, provides various insurance products in Canada, Europe, and the United States. It operates through Individual Insurance, Wealth Management, Group Insurance, Europe/Reinsurance, and United States segments. The company offers life, health, and disability insurance; retirement savings products; annuity products; accident and health reinsurance; and creditor and direct marketing products. It is also involved in investment management business. The company was founded in 1847 and is based in Toronto, Canada. Canada Life Financial Corporation is a subsidiary of The Great-West Life Assurance Company.

330 University Avenue

Toronto, ON M5G 1R8


Founded in 1847



Key Executives for Canada Life Financial Corporation

Chief Executive Officer, President, Director, Member of Executive Committee, Member of Investment Committee, Chief Executive Officer of Canada Life Assurance Company, Chief Executive Officer of The Great-West Life Assurance Company, President of Canada Life Assurance Company and President of The Great-West Life Assurance Company
Chief Financial Officer and Executive Vice President
Age: 61
Chief Executive Officer of Canada Life Capital Corporation and President of Canada Life Capital Corporation
Age: 63
President of Europe and Chief Operating Officer of Europe
President of Canada and Chief Operating Officer of Canada
Age: 51
Compensation as of Fiscal Year 2015.

Canada Life Financial Corporation Key Developments

Canada Life Financial Corporation Reports Earnings Results for the Year Ended December 31, 2013

Canada Life Financial Corporation reported earnings results for the year ended December 31, 2013. For the year, the company reported net earnings attributable to the common shareholders were CAD 925 million, or CAD 5.06 per share, compared to CAD 840 million, or CAD 4.95 per share, for the year ended December 31, 2012. Total net premiums were CAD 5.48 billion, compared to CAD 4.6 billion for the year ended December 31, 2012. Total net investment income was CAD 981 million, compared to CAD 4.89 billion for the year ended December 31, 2012. Earnings before income taxes were CAD 1.48 billion, compared to CAD 1.36 billion for the year ended December 31, 2012.

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