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July 05, 2015 4:28 PM ET


Company Overview of Canada Life Financial Corporation

Company Overview

Canada Life Financial Corporation, a financial services company, provides protection and wealth management products to individuals and groups primarily in Canada, the United Kingdom, the Isle of Man, the United States, Ireland, and Germany. The company’s individual life insurance product line comprises term life, universal life, and participating life products; and living benefits, such as disability and critical illness products. Its wealth management products include group retirement products consisting of non-registered savings programs, deferred profit sharing plans, defined contribution pension plans, and group RRSPs; and individual retirement and investment services that comprise regis...

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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