Great-West Lifeco Inc. announced earnings results for the third quarter of 2017. For the quarter, the company reported net earnings attributable to common shareholders of $581 million or $0.587 per common share for the third quarter of 2017 compared to $674 million or $0.682 per common share for the same quarter last year. Lifeco's net earnings for the third quarter of 2017 included property catastrophe reinsurance losses of $175 million after-tax relating to estimated claims resulting from the impact of Hurricanes Harvey, Irma and Maria which reduced earnings per common share by $0.177. Excluding this item, earnings were $756 million, up $82 million from a year ago, primarily due to higher fee income and lower expenses reflecting the impact of ongoing expense management initiatives.