Investor Presentaiton
Strong liquidity and credit profile
Strong Liquidity & Credit Ratings Profile
Financial Strength Ratings
A.M. Best
DBRS
Fitch
Moody's
S&P
GREAT-WEST
LIFECO INC.
Well Laddered Senior Debt Maturity Profile
Senior Debentures (incl. Lifeco guaranteed debt)
(C$M)
GWL Lifeco
(Opco) (Holdco)*
Euro Senior Debt
$989
A+
$743 $740
AA
A (high)
$500
AA
A
Aa3
AA
A+
*Lifeco (Holdco) are senior debt ratings
Stable Leverage Ratio
$393
$342
$194
$900
$648
2020
2023 2026
Note: Based on carrying values
2028 2031 2033 2039 2047 2048
Strong & Stable Coverage Multiple (1)
29.3%
28.9%
27.8% 27.1% 27.1%
26.2%
8.7x
8.8x
8.6x
8.9x
7.1x
7.4x
2014 2015 2016
2017
2018
Q2 2019
Note: All metrics represent metrics for Great-West Lifeco Inc.
T
2014
2015
2016
2017
2018
YTD
Q2/19
1. Coverage Multiple calculated as earnings before interest & taxes divided by interest & preferred dividends requirements.
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