Great-West Life & Annuity Sells Individual Life Insurance & Annuities to Protective

On January 24, 2019, the Great-West U.S. life insurers (GWUSLI), which include Great-West Life & Annuity Insurance Company (GWL&A) and Great-West Life & Annuity Insurance Company of New York (GWL&ANY), announced that they are selling a substantial portion of their individual life insurance and annuities to Protective Life Insurance Company (PLIC) and Protective Life & Annuity Insurance Company (PL&A).