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Great-West Lifeco
Great-West Lifeco

Insurance and reinsurance / Insurance and Financial Services

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Risks

1. Over-reliance on the North American Market: Great-West Lifeco generates a large portion of its revenues from its operations within North America, making the company more vulnerable to economic and financial turmoil in this region.


2. Regulatory Risk: Lifeco is subject to constant changes in regulations that could have a material impact on its financial results.


3. Interest Rate Risk: Changes in interest rates could have negative impacts on the company’s profitability as its products are heavily dependent on returns from funds invested.


4. Cybersecurity Risk: As a financial services provider, Lifeco is vulnerable to data breaches and cyber attacks due to its large customer base and important financial data collected.


5. Political and Economic Risk: Lifeco’s operations are exposed to political and economic changes in the countries where it operates.


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