Great-West Lifeco Inc. is a diversified financial services holding company headquartered in Winnipeg, Manitoba, with a focus on life insurance, health insurance, retirement savings, and asset-management solutions. Through its operating subsidiaries, the company provides individual and group life and health insurance products, annuities, wealth management services, and retirement plan administration. Its offerings cater to both retail and institutional clients, helping individuals and employers manage risk, build savings, and plan for long-term financial security.
The company’s principal operating subsidiaries include Canada Life, Great-West Life Assurance Company, London Life, Irish Life, and Putnam Investments. These businesses serve a wide geographic footprint, with operations spanning Canada, the United States, the United Kingdom, Ireland, and select European markets. In Canada, the company is a leading provider of individual life and health insurance and employer-sponsored retirement plans. In the U.S., Putnam Investments specializes in mutual funds and asset-management solutions, while Irish Life offers life and pension products to customers in Ireland and the U.K.
Since its founding in 1891, Great-West Lifeco has pursued strategic acquisitions to broaden its capabilities and market reach. Notable milestones include the 2003 acquisition of Canada Life Financial and the 2013 purchase of Irish Life Group. The company is a subsidiary of Power Corporation of Canada, benefiting from the financial strength and board oversight of a major North American financial conglomerate. Leadership is headed by President and Chief Executive Officer Paul D. Mahon, supported by an executive team with deep experience in insurance, investment management, and retirement services, guiding the company’s mission to deliver sustainable, long-term value to policyholders and shareholders alike.
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