
Great-West Lifeco Inc
TSX:GWO

Great-West Lifeco Inc
Gross Premiums Earned
Great-West Lifeco Inc
Gross Premiums Earned Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Gross Premiums Earned | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Great-West Lifeco Inc
TSX:GWO
|
Gross Premiums Earned
CA$26.8B
|
CAGR 3-Years
-23%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
1%
|
|
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Manulife Financial Corp
TSX:MFC
|
Gross Premiums Earned
CA$33.4B
|
CAGR 3-Years
-8%
|
CAGR 5-Years
-6%
|
CAGR 10-Years
2%
|
|
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Sun Life Financial Inc
TSX:SLF
|
Gross Premiums Earned
CA$31.3B
|
CAGR 3-Years
0%
|
CAGR 5-Years
3%
|
CAGR 10-Years
8%
|
|
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E-L Financial Corp Ltd
TSX:ELF
|
Gross Premiums Earned
CA$1.4B
|
CAGR 3-Years
14%
|
CAGR 5-Years
8%
|
CAGR 10-Years
5%
|
|
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iA Financial Corporation Inc
TSX:IAG
|
Gross Premiums Earned
CA$8.4B
|
CAGR 3-Years
-18%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
3%
|
|
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Power Corporation of Canada
TSX:POW
|
Gross Premiums Earned
CA$31.4B
|
CAGR 3-Years
-20%
|
CAGR 5-Years
-6%
|
CAGR 10-Years
-1%
|
Great-West Lifeco Inc
Glance View
Great-West Lifeco Inc. stands as a formidable force in the financial services sector, weaving its influence largely across North America, Europe, and Asia. As part of the mighty Power Corporation of Canada, it operates through a network of subsidiaries that include well-known names like London Life, Canada Life, and Irish Life. The company's diverse offerings are not just confined to life insurance; they span an extensive spectrum covering health insurance, reinsurance, investment services, and retirement savings plans. This mosaic of services is meticulously crafted to suit the evolving needs of individuals, families, and institutions, illustrating Great-West Lifeco’s adaptability and grasp of market dynamics. The heart of Great-West Lifeco’s profitability lies in its tried-and-true business model, where it leverages premium income from its insurance products and astutely invests these funds to generate higher returns. This model allows the company to not only cover claims but also to grow its reserves for future obligations. Furthermore, the company's wealth and asset management arms broaden its revenue streams by charging management fees on the assets under its stewardship. By deftly balancing its underwriting operations with astute financial management, Great-West Lifeco solidifies its position as a guardian of people’s financial futures, all while steering its own growth and profitability.

See Also
What is Great-West Lifeco Inc's Gross Premiums Earned?
Gross Premiums Earned
26.8B
CAD
Based on the financial report for Dec 31, 2024, Great-West Lifeco Inc's Gross Premiums Earned amounts to 26.8B CAD.
What is Great-West Lifeco Inc's Gross Premiums Earned growth rate?
Gross Premiums Earned CAGR 10Y
1%
Over the last year, the Gross Premiums Earned growth was 9%. The average annual Gross Premiums Earned growth rates for Great-West Lifeco Inc have been -23% over the past three years , -3% over the past five years , and 1% over the past ten years .