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Great West Life & Annuity Insurance Company is a company that provides individuals and businesses in all of the USA's states with life insurance, retirement benefits (which are paid for by employers) and annuities distributed by its own brokers and institutions. This division began operations in the USA on May 28, 1997.
In 2003, Great-West Lifeco acquired Canada Life Financial, which later emerged, along with Great-West Life Assurance Company, for US$4.7 billion. Great-West Life sold its health insurance US division to Cigna for US$1.5 billion in a deal announced on November 26, 2007. Great-West was seeking to expand into the western United States.
Part of Great-West Life & Annuity Insurance Company, Empower is an indirect wholly owned subsidiary of Great-West Lifeco. Empower is led by President and CEO Edmund F. Murphy III. In 2019, Empower signed a 21-season contract to the naming rights of the Denver Broncos stadium, which is named Empower Field at Mile High.
A.M. Best Comments on Great-West Lifeco Inc.'s Planned Acquisition of the Irish Life Group, Ltd. OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has commented that the ratings of Great-West Lifeco ...
On March 2, 1857 (167 years ago), Northwestern Mutual was founded as the Mutual Life Insurance Company of the State of Wisconsin. Originally located in Janesville, Wisconsin, the fledgling company relocated to Milwaukee in 1859. Shortly after, the company experienced its first two death claims, when an excursion train traveling from Fond du Lac ...
Life Insurance Corporation India: 520.5 21 Prudential plc United Kingdom: 516.1 22 Great-West Lifeco Canada: 469.8 23 Zurich Insurance Group Switzerland: 439.3 24 Meiji Yasuda Life Japan: 417.2 25 New York Life Insurance Company United States: 414.3
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