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Home > Company Index > Insurance > Multiline Insurance > Power Financial Corporation
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Power Financial Corporation |
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NEWS FROM THE WIRES |
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Power Corp. profit flat from a year earlier Jul 26 2001 01:00 PM PDT
Power Financial profit jumps in second quarter Jul 26 2001 09:32 AM PDT
Great-West Lifeco profit falls on one-off charges Jul 24 2001 07:29 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Power Financial gets a charge out of insurance and investments. Power's core subsidiaries are Great-West Lifeco and Investors Group. Lifeco's operations include Great-West Life Assurance and London Life Insurance, leading providers of life, health, and disability insurance in Canada. US subsidiary Great-West Life & Annuity Insurance provides employee benefits and retirement plans. Investors Group is Canada's largest distributor of mutual funds. Power's 55%-owned European joint venture, Pargesa, invests in communications, utilities, minerals, and energy companies (it owns stakes in Imerys, RTL Group, and Totalfina Elf). The company has acquired financial services rival Mackenzie Financial.
COMPETITION |
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AXA Financial, Inc. (dossier)
The Canada Life Financial Corporation (CLU)
Manulife Financial Corporation (MFC)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 9,971.30
1-Yr. Sales Growth: 3.7%
Employees: 21,000
Revenue per employee: $474,823.81
KEY PEOPLE |
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Robert Gratton
CEO
Michel Plessis-Belair
CFO
CONTACT INFO |
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751 Victoria Sq.
Montreal Quebec H2Y 2J3, Canada
Phone: 1-514-286-7430
Fax: 1-514-286-7424
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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