Great-West Lifeco’s Capital and Risk Solutions reinsurance operation, Canada Life Re, generated base earnings of more than CAD 300 million in the second quarter of 2026, following record earnings of CAD 353 million in the opening quarter of the year. For the first half of the year, the reinsurer delivered base earnings of CAD 610 million, an increase of 38% on the prior year’s CAD 442 million. Net earnings also improved year-on-year, reaching CAD 305 million in Q2’26, compared with CAD 194 million in the comparable prior year quarter. “We are proud of Canada Life Re’s strong performance this quarter, marking a second consecutive quarter with earnings exceeding $300 million and contributing to the outstanding base earnings delivered by Great-West Lifeco Inc. “On behalf of everyone at Canada Life Re, I want to thank our clients for their continued trust and partnership.