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Thursday, 18th April 2024 |
| Irish Life generates €204 million in its second year of ownership by Great-West Lifeco |
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| February 11th 2016: In its second full year as a subsidiary of Great-West Lifeco, Irish Life continued to generate strong results contributing €204 million (CAD$290 million) to Lifeco’s profits for the year ended 31 December 2015. This was up 11 % from €184 million (CAD$261 million) in the previous year. Great-West Lifeco acquired Irish Life in July 2013 from the State for €1.3 billion, and the acquisition was the winning Financial Services deal in the Finance Dublin Deals of the Year Awards 2014. |
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