Irish Life earnings up 50% to Euro €57 million [CAD$82 million] for Q3

Thursday, November 6, 2014

Great-West Lifeco Inc. (Lifeco) today announced its third quarter results for the three months ended 30 September 2014. View the full release here. Irish Life, which is owned by Great-West Lifeco, generated strong results, contributing Euro €57 million (CAD$82 million) to Lifeco’s earnings in the third quarter.

This represented a 50% increase, up from Euro €38 million (CAD$57 million) in the previous quarter. The year to date contribution to Great-West Lifeco’s earnings from Irish Life is a total of Euro €129 million (CAD$191 million), demonstrating the strength of its position as Ireland’s largest life insurance and pension company.