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The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company have become one company – The Canada Life Assurance Company. Discover the new Canada Life

The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company have become one company – The Canada Life Assurance Company. Discover the new Canada Life

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Freedom 55 Financial is a division of The Canada Life Assurance Company and the information you requested can be found here.

Are you a member of the Public Service Health Care Plan (PSHCP) and looking for information about your benefits with Canada Life? Get details on the PSHCP Member Services website.

For printed copies of Canada Life’s annual reports or copies of Great-West Life or London Life reports from prior years, contact the Corporate Secretary’s Office.

Canada Life has one series of subordinated debentures outstanding with a face amount of $100 million.
Issuer Entity

The Canada Life Assurance Company

Coupon

6.40%

Date of Maturity

Dec 11, 2028

Senior/Subordinated

Series B Subordinated

Date Issued

Dec 11, 1998

Amount Outstanding

$100,000,000

S&P Rating

AA-

DBRS Rating

AA (low)

Canada Life Capital Trust has issued Canada Life Capital Trust Securities (“CLiCS”) Series B with a face value of $150 million.
Issuer Entity Canada Life Capital Trust
Parent Company

The Canada Life Assurance Company

Issue

CLiCS Series B

Description

Canada Life Capital Securities

Date Issued

Mar 14, 2002

Amount Outstanding

$150,000,000

Yield

7.529%

First Par Call Date
June 30, 2032
S&P Rating

A+, P-1

DBRS Rating

A (high)

Our current credit ratings are as follows:
Rating Agency

Measurement

Rating

A.M. Best Company

Financial Strength

A+

DBRS Morningstar

Issuer Rating

Financial Strength

Subordinated Debt

AA

AA

AA (low)

 

Fitch Ratings

Insurer Financial Strength

Subordinated Debt

AA

A+

Moody’s Investors Service

Insurance Financial Strength

Aa3

S&P Global Ratings

Insurer Financial Strength

Subordinated Debt

AA

AA-