Great-West Lifeco says Q2 net earnings down 11% but base earnings hit record high

Great-West Life world headquarters is pictured in Winnipeg on February 19, 2013. THE CANADIAN PRESS/John Woods

 JGW

WINNIPEG - Great-West Lifeco Inc. says its second-quarter net earnings dropped 11 per cent from a year ago but its base earnings reached a record high.

The Winnipeg-based insurance company says its net earnings for the period ended June 30 amounted to $894 million while its base earnings totalled more than $1.1 billion.

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