Decrease in value of non-bank-sponsored ABCP shaves net income by 9¢ a share
Net sales soar in October
Insurer hikes dividend to 24¢ a share
Revenue up 13%
Gross written premiums up 4.1%
Strong growth across products and regions
Northbridge earnings jump
Revenue drops in challenging market
Great-West Lifeco Inc. reported a drop in quarterly profit for the third quarter ended September 30, as the company took a $97 million provision for certain Canadian retirement plans.After markets closed Thursday, the life insurance company said Q3 net income was $461 million, or 51.6¢ a share, compared with a profit of $477 million or […]
Decline in AUM curbs revenues