Irish Life acquisition will provide insurer with scale, synergies and savings
Outlook for Sun Life is negative
Total revenue hits $8 billion
Once interest rates start rising, the share prices of Great-West Life and Industrial Alliance should bounce back
Winnipeg-based Great-West Lifeco Inc. (TSX:GWO) said Monday it will not be able close its acquisition of Irish Life Group Ltd. on July 10, as previously announced. On Monday, the Irish Supreme Court heard arguments involving the recapitalization of the Irish Life & Permanent Group Holdings plc by the Minister for Finance (Ireland) and the related […]
Sales of life insurance in the U.S. more than doubled in the quarter
Source: The Canadian PressInsurance provider Great-West Lifeco Inc. (TSX: GWO) reported third-quarter net earnings of $275 million on Wednesday, down from a year-ago $445 million as it booked a big cash provision to cover the costs of a recent legal ruling against the company.Stripping out the effect of the one-time $204-million litigation provision related to […]
Policyholders could get $300 payout after ruling in lawsuit
Insurer to launch appeal