GWL Corporate Bond (Portico) 75/100 (PS1) (0P0000ZLJ8)

Overview

Great-West Lifeco Inc., founded in 1891 and based in Winnipeg, Canada, is a prominent company operating in the life and health insurance, retirement and investment services, asset management, and reinsurance sectors. With a comprehensive range of products and services, it serves customers in Canada, the United States, and Europe. The company is known for its commitment to providing individual and business clients with tailored solutions to meet their financial and insurance needs. Operating under the banner of Power Financial Corporation as a subsidiary, Great-West Lifeco Inc. is a trusted name in the financial services industry, distributing its offerings through a widespread network of professionals, including sales force, brokers, consultants, and financial institutions, under notable brands such as Canada Life, Irish Life, and Empower.

Products and Services

Great-West Lifeco Inc. offers a diverse portfolio of products and services designed to meet the varying needs of its clients, including:

• Life and Health Insurance: A comprehensive range of insurance products such as life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance, catering to individuals, families, businesses, and organizations.
• Retirement Products: Solutions like retirement and wealth savings, income and annuity products, along with employer-sponsored retirement savings plans that offer saving, investment, and advisory services to support individuals in their retirement planning.
• Wealth Management: Services including payout annuity, equity release mortgages, pensions, and investment products aimed at individuals seeking to manage and grow their wealth for a stable financial future.
• Savings and Investments: A wide array of savings and investment options to help clients achieve their long-term financial goals, whether they are individuals or institutions looking to maximize their financial assets.
• Asset Management: Professional asset management services tailored for a variety of clients such as pension schemes, insurance companies, wealth managers, and sovereign wealth funds. The company also caters to third-party institutional clients, managing assets across diverse portfolios.
• Reinsurance: Offering reinsurance products in areas like life, annuity/longevity, mortgage surety, and property catastrophe, providing risk management solutions to other insurance companies to help them mitigate financial risk and remain stable.