Apr 1, 2026, 8:45 AMseekingalpha.comPWCDF
Power Corporation Of Canada: Insurance Is Tactical With Reinflation Risks
Financial reports
Power Corporation of Canada offers exposure to insurance and the US, benefiting from a risk of sustained supply-led reinflation due to the Iran war. PWCDF trades at a 28% holding company discount, providing a margin of safety, though not unusually wide versus peers. Great-West, the primary driver, posted strong results: ROE up to 18.2% and double-digit base earnings growth. It's also not expensive relative to insurance average P/Es.