DBRS confirms Great-West

DBRS said it confirmed the ratings of Great-West Lifeco Inc. and its affiliated operating subsidiaries, including the Claims Paying ratings at the Great-West Life Assurance Co., the Canada Life Assurance Co. and the London Life Insurance Co.

All trends are stable.

The existing ratings for the company and its operating subsidiaries reflect the contribution from a diversified portfolio of businesses, including leading market shares across the Canadian insurance industry and attractive market niches in Europe, in the U.S. financial services market and in reinsurance, the agency noted.

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