First Great-West Life & Annuity Insurance Company serves customers in New York through group retirement savings products and services, individual life insurance and annuities, and business-owned life insurance products.
Today’s First Great-West is the result of the 2005 merger of First Great-West Life & Annuity Insurance Company, organized in 1996 under the laws of the state of New York, and Canada Life Insurance Company of New York, organized in 1971. First Great-West is an indirect, wholly owned subsidiary of Great-West Lifeco Inc.
A Member of the Power Financial Corporation Group of CompaniesTM.
Our industry ratings are a reflection of our financial strength. First Great-West is rated by a number of nationally recognized rating agencies. Each rating represents the opinion of the rating agency regarding our company’s financial strength and ability to meet ongoing obligations to policyholders.
| A+1 |
A.M. Best Company, Inc.
Financial strength, operating performance, and business profile |
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| AA+2 |
Fitch Ratings
Financial strength |
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| Aa33 |
Moody’s Investors Service
Financial strength |
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| AA2 |
Standard & Poor's Ratings Services
Financial strength |
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1 Superior (highest of 10 categories)
2 Very strong (second highest of nine categories)
3 Excellent (second highest of nine categories)
Current ratings (unchanged since January 2006)
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