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Financial strength & stability  
 

The maintenance of financial strength and stability while growing and serving the changing needs of the marketplace has always been fundamental to Canada Life’s philosophy and management approach.

A major force in the insurance world

Being part of Great-West Lifeco makes us part of one of the top ten largest life insurance organisations in the world (as measured by market capitalisation) with interests in the life insurance, health insurance, investment and retirement savings and reinsurance businesses.

Together with Great-West Lifeco’s other operating subsidiaries, we serve the financial security needs of customers across Canada, the United States, the United Kingdom, Isle of Man, the Republic of Ireland and Germany and have more than £327 billion in assets under administration as of 30 June 2012.

Market capitalisation

When you choose Canada Life, you can be sure you are with a company which has the power to deliver its promises and one which is on a par with some of the UK’s leading brands.

Source: Yahoo! UK & Ireland Finance as at close of business 20 September 2012.

Current ratings

Ratings are a reflection of our financial strength. Great-West and its subsidiaries have received strong ratings from the major ratings agencies.

Rating Agency

Measurement

Great-West Lifeco

Canada Life1

A.M. Best Company

Financial Strength

A+

A+

Dominion Bond Ratings Service

Claims Paying Ability
Subordinated Debt

IC-1

IC-1
AA (low)

Fitch Ratings

Insurer Financial Strength

AA

AA

Moody’s Investors Service

Insurance Financial Strength

Aa3

Aa3

Standard & Poor’s Corporation

Insurer Financial Strength
Subordinated Debt

AA

AA
AA-

1 Canada Life Assurance Company (which owns 100% of Canada Life Limited) Source: Great-West. Ratings are correct as of 20 September 2012.

 
 

The following sales aids provide further information.

 
Canada Life Financial Security sales aid MKT445
[ PDF; Apr. 08, 2013; 125KB ]
Strength and Stability 'A Major Force' Sales Aid MKT207 *
[ PDF; Apr. 08, 2013; 50KB ]
 
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This website is for UK financial advisers only and is not approved for use by private customers.
Canada Life Limited, registered in England no. 973271. Registered office: Canada Life Place, Potters Bar, Hertfordshire EN6 5BA
Telephone 08457 226232 Fax 01707 646088 www.canadalife.co.uk/ifa
Canada Life group consists of Canada Life Limited, Canada Life Asset Management Limited (both authorised and regulated by the Financial Services Authority), Canada Life International Limited and CLI Institutional Limited (Isle of Man registered companies authorised and regulated by the Isle of Man Insurance and Pensions Authority). All promotional material produced is approved by Canada Life Limited.