The Great-West Life Assurance Company
 | |
| Subsidiary | |
| Industry | Financial Services (Insurance) |
| Founded | 1891 |
| Founder | Jeffry Hall Brock |
| Headquarters | Winnipeg, Manitoba, Canada |
Key people | Paul Mahon (President & CEO) |
Number of employees | 18,400 (2008)[1] |
| Parent | Great-West Lifeco |
| Website | www.greatwestlife.com |
The Great-West Life Assurance Company (also Great-West Life, French: La Great-West, compagnie d'assurance-vie) is a life insurance company. Its headquarters are in Winnipeg, Manitoba. Its President and CEO is Paul A. Mahon.
It is owned by Great-West Lifeco, which also owns London Life Insurance Company, Canada Life Financial, Great-West Life & Annuity Insurance Co., and Putnam Investments.
GWL Realty is the Toronto-based property and asset management arm of the Great West Life established in 1993.
History and Ownership
Great-West Life was founded in 1891 in Winnipeg.
Great-West Life is currently a subsidiary of Great-West Lifeco, which is a joint-stock corporation traded on the Toronto Stock Exchange. The majority owner of Great-West Lifeco is the Power Corporation of Canada, which administers Great-West through the Power Financial Corporation.
Great-West Life sold its health insurance US division to Cigna for US$1.5 billion in a deal announced on November 26, 2007.[2]
References
External links
- Official website of Great-West Lifeco Inc, Great West Life Assurance Company's parent corporation.
- Official Web site of Great-West Life
- Official Web site of the Power Corporation of Canada
Coordinates: 49°53′02″N 97°08′59″W / 49.8838°N 97.1496°W