Fixed Income Quarterly—Insurance Page 5
Table 4: Capital Summary
Great-West
Industrial Alliance
(C$ mm)
Q4/13 Q3/13 Q2/13 Q1/13
Q4/13 Q3/13 Q2/13 Q1/13
Debt 499
499 0 675 45 2,893
4,112
3,769 1,661
2,398 696 2,503 0 14,223
19,820
12,038 5,562
499 0 675 45 2,801
4,020
3,684 1,645
2,400 696 2,503 0 15,116
20,715
11,902 5,478
608 150 675
45 2,801
4,278
3,887 1,643
2,744 696 2,503 0 14,696
20,639
11,808 5,513
5,740 118 2,314 2,354 15,323
5,503 118 2,544 2,495 14,389
5,166 118 2,544 2,466 12,827
4,483 118 2,544 2,477 12,241
Innovative Tier 1 Preferred Equity Par Surplus Common Equity
Total Capital
Total Available Capital Required Capital
Debt
Innovative Tier 1 Preferred Equity Par Surplus Common Equity
Total Capital
Total Available Capital Required Capital
0 575 47 3,045
4,166
3,663 1,687
2,403 696 2,503 0 14,851
20,453
12,354 5,639
25,849 25,049 23,121 21,863
Debt+Pref+Hybrid / Total Capital
32% 33% 34% 33%
26% 29% 29% 33%
12,668 12,012 11,548 10,387 5,673 5,443 4,955 4,951
MCCSR
223% 221% 233% 210%
217% 227% 224% 237%
Manulife
Sun Life
(C$ mm)
Q4/13 Q3/13 Q2/13 Q1/13
Q4/13 Q3/13 Q2/13 Q1/13
7,816 7,511 1,000 1,000 3,037 3,037
7,546 7,490 1,000 1,000 3,037 2,841
0000 25,964 23,862 23,571 23,020
37,817 35,410 35,154 34,351
Debt+Pref+Hybrid / Total Capital
31% 33% 33% 33%
27% 28% 27% 29%
32,140 30,268 30,258 29,588 12,955 13,235 13,655 13,621
MCCSR
248% 229% 222% 217%
219% 216% 217% 214%
Source: Company reports