Canada Life International (CLI) and CLI Institutional, the ultra high net worth operation of the same company, have both retained five-star financial strength rating from AKG, the actuarial consultancy firm.
The latest rating marks the seventh consecutive year the Isle of Man-based CLI has achieved the strongest mark available from AKG.
CLI also holds ratings from AKG for service, image and strategy and annual performance – details of which can be found at www.akg.co.uk
Sean Christian, managing director of Canada Life International, said: “The AKG report assesses every major, household name insurer that operates offshore and for Canada Life International to be the only company to achieve a 5-star rating for seven consecutive years is a great achievement. “
Canada Life International is part of a group of companies controlled by Great-West Lifeco Inc, a Canadian financial services company with operations in Canada, the US and Europe.
Canada Life International was established in 1987 in the Isle of Man.