says net earnings for its first quarter were $595-million, down more than 55 per centfrom $1.3-billion a year earlier.
The Winnipeg-based insurer says base earnings for the quarter ended March 31 were $808-million, up more than 13 per cent from $712-million the same quarter a year ago.The company attributed the decline in net earnings in part to losses in non-fixed income assets and effects from changing interest rates.Great-West Lifeco acquired the retirement business of Prudential Financial Inc. in April 2022.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Great-West Lifeco sees net earnings drop, base earnings rise in first quarter - BNN BloombergGreat-West Lifeco Inc. says net earnings for its first quarter were $595 million, down more than 55 per cent from $1.3 billion a year earlier.
Lees verder »