Ratings agencies assign financial strength or credit ratings to Great-West Lifeco, its subsidiaries and its securities. Ratings shown are current as of September 30, 2025.
Financial strength ratings
|
Company |
S&P Global Ratings |
Moody’s Investor Service Inc.
|
AM Best Company |
Fitch Ratings Inc. |
Morningstar DBRS |
|---|---|---|---|---|---|
|
The Canada Life Assurance Company |
AA |
Aa3 |
A+ |
AA |
AA |
|
Empower Annuity Insurance Company of America |
AA |
Aa3 |
A+ |
AA |
Not applicable |
|
Irish Life Assurance plc |
Not applicable | Not applicable | Not applicable |
AA |
Not applicable |
|
Canada Life International Reinsurance Corporation Limited |
Not applicable | Not applicable |
A+ |
AA |
Not applicable |
|
Canada Life Re Ireland dac |
Not applicable | Not applicable |
A+ |
AA |
Not applicable |
|
Canada Life Reinsurance Company |
Not applicable | Not applicable |
A+ |
Not applicable | Not applicable |
|
Empower Annuity Insurance Company |
AA |
Not applicable |
A+ |
Not applicable | Not applicable |
|
Empower Life & Annuity Insurance Company of New York |
AA |
Aa3 |
A+ |
AA |
Not applicable |
|
London Life and Casualty Reinsurance Corporation |
Not applicable | Not applicable |
A+ |
Not applicable | Not applicable |
|
London Life and Casualty (Barbados) Corporation |
Not applicable | Not applicable |
A+ |
Not applicable | Not applicable |
Senior unsecured debt ratings
|
Company |
S&P Global Ratings |
Moody's Investor Service Inc. |
AM Best Company |
Fitch Ratings Inc. |
Morningstar DBRS |
|---|---|---|---|---|---|
|
Great-West Lifeco Inc. |
A+ |
Not applicable |
a |
A |
A (high) |
Subordinated debt ratings
|
Company |
S&P Global Ratings |
Moody's Investor Service Inc. |
AM Best Company |
Fitch Ratings Inc. |
Morningstar DBRS |
|---|---|---|---|---|---|
|
Great-West Lifeco Inc. |
A-
|
Not applicable |
a- |
Not applicable | Not applicable |
|
The Canada Life Assurance Company |
AA- |
A2 |
Not applicable |
A+ |
AA (low) |
Issuer credit rating
|
Company |
S&P Global Ratings |
Moody's Investor Service Inc. |
AM Best Company |
Fitch Ratings Inc. |
Morningstar DBRS |
|---|---|---|---|---|---|
|
Great-West Lifeco Inc. |
A+ |
Not applicable |
a |
A+ |
A (high) |
|
The Canada Life Assurance Company |
AA- |
Not applicable |
aa |
AA- |
AA |
|
Empower Holdings, LLC |
A+ |
Not applicable | Not applicable | Not applicable | Not applicable |
Preferred share ratings
|
Company |
S&P Global Ratings |
Moody's Investor Service Inc. |
AM Best Company |
Fitch Ratings Inc. |
Morningstar DBRS |
|---|---|---|---|---|---|
|
Great-West Lifeco Inc. |
P-1 (Low)
A- |
Not applicable |
bbb+ |
BBB+ |
Pfd-2 (high) |
|
The Canada Life Assurance Company |
Not applicable | Not applicable | Not applicable | Not applicable |
Pfd-1 |
Limited recourse capital notes
|
Company |
S&P Global Ratings |
Moody's Investor Service Inc. |
AM Best Company |
Fitch Ratings Inc. |
Morningstar DBRS |
|---|---|---|---|---|---|
|
Great-West Lifeco Inc. |
A-
|
Not applicable | Not applicable |
BBB+ |
A (low) |