Great-West Lifeco reports rise in second-quarter net earnings to $1 billion

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 7 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

Business News

Finance,Insurance

Great-West Lifeco Inc. says its second-quarter earnings roughly doubled from last year as it benefited from interest rate movements and lower business expenses.

Great-West Lifeco headquarters are pictured in Winnipeg, Tuesday, February 19, 2013. THE CANADIAN PRESS/John Woods

The insurer says it had net earnings of $1 billion, or $1.08 cents per share, up from $498 million or 53 cents per share last year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Great-West Lifeco reports rise in second-quarter net earnings to $1 billionWINNIPEG — Great-West Lifeco Inc. says its second-quarter earnings roughly doubled from last year as it benefited from interest rate movements and lower business expenses. The insurer says it had net earnings of $1 billion, or $1.
Source: SooToday - 🏆 8. / 85 Read more »

Great-West Lifeco reports rise in second-quarter net earnings to $1 billionWINNIPEG — Great-West Lifeco Inc. says its second-quarter earnings roughly doubled from last year as it benefited from interest rate movements and lower...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »