Great-West Lifeco Inc.

Financial Institutions:Non-Bank Financials

Summary

Great-West Lifeco Inc. (GWO) is a financial services holding company based in Winnipeg. A major subsidiary, The Great-West Life Assurance Company (GWL), is one of the largest life insurance concerns in Canada, operating through three operating companies. Through The Canada Life Assurance Company, GWO competes in niche markets in Europe. GWO also owns two U.S. operating companies: Great-West Life & Annuity Insurance Company and Putnam Investments LLC. GWO is a significant holding for Power Financial Corporation, which controls more than 70% of GWO.