Great-West Lifeco Inc. (Lifeco) has reported net earnings attributable to common shareholders of $683 million or $0.688 per common share for the three months ended December 31, 2015, compared to $657 million or $0.658 per common share for the same period in 2014.
Highlights
- Lifeco declared a quarterly common dividend of $0.3460 per common share payable March 31, 2016, a 6.1% increase from the previousquarter.
- Lifeco sales in the fourth quarter of 2015 of $39.0 billion were up 81% from the same quarter in 2014
- Lifeco maintained a strong ROE of 14.7% based on net earnings.
- Lifeco’s capital position remained very strong. The Great-West Life Assurance Company reported a Minimum Continuing Capital Surplus Requirements (MCCSR) ratio of 238% at December 31, 2015.
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