Fitch affirms Great-West Lifeco

Fitch Ratings said it has affirmed Great-West Lifeco's holding company ratings, including the senior debt rating of A+, as well as the insurer financial strength ratings of all operating subsidiaries at AA+.

The outlook is stable.

The affirmation reflects Fitch's updated review of the company's exposure to the volatile investment and capital market conditions.

Fitch said it believes Great-West Lifeco's conservative investment and liquidity policies and practices have sustained a high quality bond portfolio and its business profile is not heavily exposed to the deterioration in the equity markets.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.