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Great-West Lifeco Inc. Q1-2019 Earnings, Price Target Update

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Great-West Life Inc. (GWO) is a member of the Power Corporation of Canada (POW) group of companies; its direct parent is Power Financial Corporation (PWF). Power Financial Corp. also controls London Life and the Canada Life Assurance Co. Great-West Life is a financial services company with interests in the life insurance, health insurance, retirement savings, investment management and reinsurance businesses, primarily in Canada, the United States and Europe. Great-West Life Inc. operates as Great-West Life, London Life, Canada Life, Great-West Life & Annuity Insurance Company (Great-West Financial), Putnam Investments, LLC and Irish Life Group Limited. Approximately 10% of earnings are from the US with the balance split between Canada and Europe.

Great-West Life Inc. (GWO) is ultimately controlled by Power Corp. of Canada. (POW) Great-West Life is 67.7% owned by Power Financial Corp.(PWF), and 4% by IGM Financial (IGM). Power Financial Corp. is 65.5% owned by Power Corp. of Canada (POW). Great-West Life owns 3.8% of IGM Financial.

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