Acquiring Company
Great-West Lifeco
Acquired Company
Milliman
WinnipegFinancial ServicesInsuranceOtherProfessional ServicesFinancial ServicesGovernment And MilitaryDescription
Empower, a subsidiary of Great-West Lifeco Inc., has completed the acquisition of Milliman's retirement plan and benefits administration business. This expansion will enhance Empower's capabilities in managing defined benefit and defined contribution plans. The transaction adds significant assets and participants to Empower's existing portfolio.
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Based on deal dataFrequently asked
Who acquired Milliman?
Milliman was acquired by Great-West Lifeco, based in Winnipeg. The deal was reported on September 2, 2026. Great-West Lifeco Inc. is a Canadian life insurance and financial services holding company. It operates various subsidiaries that provide a range of life, health, and retirement products. Great-West Lifeco is publicly traded (GWLIF) and operates in Financial Services.
When did Great-West Lifeco acquire Milliman?
Great-West Lifeco's acquisition of Milliman was reported on September 2, 2026. Empower, a subsidiary of Great-West Lifeco Inc., has completed the acquisition of Milliman's retirement plan and benefits administration business. This expansion will enhance Empower's capabilities in managing defined benefit and defined contribution plans. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Milliman do?
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. It is privately held, operating in Other.
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