Rating Report

Great-West Lifeco Inc.: Rating Report

Insurance Organizations

Summary

On November 12, 2020, DBRS Limited (DBRS Morningstar) confirmed Great-West’s Issuer Rating and Debentures rating at A (high) as well as its Non-Cumulative First Preferred Shares rating at Pfd-2 (high). DBRS Morningstar also confirmed Canada Life's Financial Strength Rating and Issuer Rating at AA, its Subordinated Debentures rating at AA (low), and its Preferred Shares rating at Pfd-1. At the same time, DBRS Morningstar confirmed Canada Life Capital Trust’s Capital Trust Securities (CLiCS) rating at A (high). All trends are Stable.