Great-west Lifeco Inc. · TSX:GWO
Great-west Lifeco — Shareholder Meeting (2020)
29 slides from Great-west Lifeco's shareholder meeting presentation, 2020
Slide 1: Annual meetings
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Slide 2: Cautionary Note Regarding Forward-Looking Information
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION In the course of today’s meetings, representatives of the Companies may, in their remarks or in responses to questions, make reference to forward-looking information. Forward-looking information includes statements that are predictive in nature,
Slide 3: Agenda
Agenda • Address - Paul Mahon, President and Chief Executive Officer • Annual Financial Statements and Reports • Great-West Lifeco Inc. - Election of Directors - Appointment of Auditor • The Canada Life Assurance Company - Election of Policyholders’ Directors - Appointment of Auditor • Question Peri
Slide 4: Paul Mahon
Presenter Paul Mahon President and Chief Executive Officer 5 Annual meetings
Slide 5: Responding to COVID-19
Responding to COVID-19 Caring for our Employee safety Business customers & well being continuity & communities 6 Annual meetings
Slide 6: Great-West Lifeco Inc. 2019 Financial Highlights
Great-West Lifeco Inc. 2019 Financial Highlights 7 Annual meetings
Slide 7: Dividends per common share (dollars)
Dividends per common share (dollars) $1.65 $1.57 $1.47 $1.38 $1.30 6 Percent 2015 2016 2017 2018 2019 Increase 8 Annual meetings
Slide 8: Adjusted net earnings per common share (dollars)
Adjusted net earnings per common share (dollars) $3.05 $2.94 $2.77 $2.71 $2.68 $2.94 Adjusted net earnings per share is a non-IFRS measure. Refer to the reconciliation to net earnings per share in the Company’s 2019 MD&A as at Dec. 31, 2019. 9 Annual meetings
Slide 9: Total assets under administration (trillions of dollars)
Total assets under administration (trillions of dollars) $1.63 $1.35 $1.40 $1.21 $1.25 $1.63 Trillion 2015 2016 2017 2018 2019 As at December 31, 2019. Assets under administration is a non-IFRS measure. Refer to the discussion of this measure in the Company’s 2019 MD&A. 10 Annual meetings
Slide 10: Life insurance capital adequacy test (LICAT)
Life insurance capital adequacy test (LICAT) 135 percent As at December 31, 2019. LICAT is a non-IFRS measure. Refer to the discussion of this measure in the Company’s 2019 MD&A. 11 Annual meetings
Slide 11: Canada accomplishments
Canada accomplishments 12 Annual meetings
Slide 12: U.S. accomplishments
U.S. accomplishments 13 Annual meetings
Slide 13: Europe accomplishments
Europe accomplishments 14 Annual meetings
Slide 14: Reinsurance
Reinsurance 15 2020 Annual Meetings
Slide 15: Great-West Lifeco Inc. Q1 2020 Results
Great-West Lifeco Inc. Q1 2020 Results 16 Annual meetings
Slide 16: Base earnings
Base earnings • New base earnings measure • Please refer to the Company’s disclosure in the Q1 2020 MD&A 17 Annual meetings
Slide 17: Q1 2020 – Base earnings per share (dollars)
Q1 2020 – Base earnings per share (dollars) $0.59 Per share Base earnings per share is a non-IFRS measure. Refer to the reconciliation to net earnings and net earnings per share in the Company’s Q1 2020 MD&A. 18 Annual meetings
Slide 18: Q1 2020 – Net earnings per share (dollars)
Q1 2020 – Net earnings per share (dollars) $0.37 Per share 19 Annual meetings
Slide 19: Q1 2020 – Base return on equity
Q1 2020 – Base return on equity 13.4 Percent Base return on equity is a non-IFRS measure. Refer to the reconciliation to net earnings and net earnings per share in the Company’s Q1 2020 MD&A. 20 Annual meetings
Slide 20: Q1 2020 – Life insurance capital adequacy test (LICAT)
Q1 2020 – Life insurance capital adequacy test (LICAT) 133 Percent 21 Annual meetings
Slide 21: Leadership announcements
Leadership announcements Arshil Jamal Declan Bolger President and Group Head, CEO, Irish Life Group Strategy, Investments, Reinsurance and Corporate Development David Harney Markus Drews President and COO, Europe Managing Director, Canada Life Europe Dervla Tomlin Global Chief Actuary 22 Annual meet
Slide 22: Areas of focus
Areas of focus Digital tools Workplace Capital and Investment and advice relationships Risk solutions and asset management 23 Annual meetings
Slide 23: Building resiliency
Building resiliency 24 Annual meetings
Slide 24: Great-West Lifeco Inc. & Canada Life Financial Statements & Reports
Great-West Lifeco Inc. & Canada Life Financial Statements & Reports 25 Annual meetings
Slide 25: Great-West Lifeco Inc. Election of Directors
Great-West Lifeco Inc. Election of Directors 26 Annual meetings
Slide 26: Great-West Lifeco Inc. Appointment of Auditors
Great-West Lifeco Inc. Appointment of Auditors 27 Annual meetings
Slide 27: The Canada Life Assurance Company Election of Policyholders' Directors
The Canada Life Assurance Company Election of Policyholders’ Directors 28 Annual meetings
Slide 28: The Canada Life Assurance Company Appointment of Auditors
The Canada Life Assurance Company Appointment of Auditors 29 Annual meetings
Slide 29: Question Period and Other Business
Question Period and Other Business 30 Annual meetings