...Great-West Lifeco, Inc. s (TSX: GWO) rati ng strengths include significant business diversification, a focus on lower-risk prod uct design and target markets that best- leverage capabilities, and co nsistently robust earnings performance, which Fitch attributes to pricing discipline and the effective management of key earnings drivers such as persistency and expenses. Balance sheet strengths include superior investment quality, very solid consolidat ed risk-based capitalization and above- average liquidity. Conservative actuarial reserving practices contribute to balance sheet strength as well as earnings quality and stability. GWO s Canadian, US and European operations contribute to and gain from the financial strength and diversity of the whole, and as su ch are rated as a group. Strengths specific to Canadian operations include considerable and sustainable distribution capabilities and leading market positions across all major product and client segments. Strengths specific...
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| Company(ies): | Canada Life Financial Corporation, Canada Life Insurance Company of America, First Great-West Life & Annuity Insurance Company, Great-West Life & Annuity Insurance Company, Great-West Lifeco Inc., GWL&A Financial Corporation, London Life Insurance Co., The Canada Life Assurance Company, The Great-West Life Assurance Company
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