Canada Life Reinsurance, a subsidiary of Great-West Lifeco, stops accepting new business for its U.S. traditional life mortality risk reinsurance line. The company redirects resources toward expanding its structured reinsurance market operations. This shift aligns with its strategic focus on high-growth segments within reinsurance.

Jun 2025PR NewswireNews article

Canada Life Re secures a €100 million funding arrangement with Spry Finance. The deal supports the reinsurance provider’s capital needs and growth initiatives. Spry Finance specializes in structured finance solutions for the insurance and reinsurance sectors.

Aug 2023ReinsuranceNe.wsNews article

UBS (UK) Pension and Life Assurance Scheme transfers longevity risk for roughly half of its defined benefit liabilities via a **£1.4 billion swap** with Zurich and Canada Life Reinsurance. The deal covers long-term pension obligations by shifting demographic risk to insurers. The transaction follows growing demand for longevity hedging among UK pension funds.

Jul 2020professionalpensions.comNews article

Canada Life Reinsurance secures a major longevity-risk agreement to expand and diversify its global reinsurance business. The deal targets long-term demographic risks, reinforcing its position in specialized insurance markets. The company leverages the transaction to strengthen its portfolio amid growing demand for longevity-focused solutions.

May 2020Wealth ProfessionalNews article