September 30, 2016 12:40 AM ET


Company Overview of Canada Life Financial Corporation

Company Overview

Canada Life Financial Corporation, through its subsidiaries, engages in insurance and reinsurance businesses primarily in Canada. It operates through Individual Insurance, Wealth Management, Group Insurance, Europe/Reinsurance, and the 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, President of Canada Life and Chief Executive Officer of Canada Life
Age: 52
Chief Financial Officer and Executive Vice President
Age: 62
Chief Operating Officer
Chief Executive Officer of Canada Life Capital Corporation and President of Canada Life Capital Corporation
Age: 64
President of Europe and Chief Operating Officer of Europe
Compensation as of Fiscal Year 2016.

Canada Life Financial Corporation Key Developments

Canada Life Financial Corporation Reports Earnings Results for the First Quarter Ended March 31, 2016

Canada Life Financial Corporation reported earnings results for the first quarter ended March 31, 2016. The company's net earnings attributable to common shareholder for the first quarter ended March 31, 2016 was CAD 392 million, or CAD 2.09 per share, compared to CAD 390 million or CAD 2.07 per share, for the same quarter ended March 31, 2015. Total net premiums for the first quarter ended March 31, 2016 were CAD 1.53 billion, compared to CAD 2.82 billion for the same quarter ended March 31, 2015. Earnings before income taxes for the first quarter ended March 31, 2016 were CAD 452 million, compared to CAD 504 million for the same quarter ended March 31, 2015.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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