Great-West Lifeco Inc. (Lifeco) has reported net earnings attributable to common shareholders of $720 million or $0.724 per common share for the three months ended September 30, 2015 compared to $687 million or $0.687 per common share for the same period in 2014, an increase of 5%.
Highlights
- Total Company sales in the third quarter of 2015 of $36.5 billion were up 71% from the same quarter in 2014.
- The Company maintained a strong ROE of 15.2% based on net earnings.
- The Company's capital position remained very strong. The Great-West Life Assurance Company reported a Minimum Continuing Capital Surplus Requirements (MCCSR) ratio of 234% at September 30, 2015.
- The Company declared a quarterly common dividend of $0.3260 per common share payable December 31 2015.
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