Empire Life News

Kingston, Ontario – The Empire Life Insurance Company (Empire Life) has launched a new iPad application that will provide simple, fast quotes on up to four term insurance products at once.

Toronto, Ontario – Empire Life Investments Inc. announces a new family of mutual funds. The offering consists of five Canadian funds, including a Monthly Income Fund, and five Emblem Portfolios^TM, a diversified target risk program. The funds are distributed through independent financial advisors.

Kingston, Ontario – The Empire Life Insurance Company (Empire Life) has announced it will participate in a ground-breaking industry drug pooling agreement to help address the problem of high cost prescription drugs for fully insured group benefit plans in Canada.

Kingston, Ontario – The Empire Life Insurance Company (Empire Life) today released its 2011 year-end financial results.

Kingston, Ontario – The Empire Life Insurance Company (Empire Life) today announced the launch of the Empire for Life^TM Loyalty Program. The Program is a way to help investors save on fees while investing in their future.

Kingston, Ontario - The Empire Life Insurance Company (Empire Life) today announced that it has enhanced its innovative Vital Assist Health Benefit^®, a streamlined critical illness product that provides financial assistance to employees diagnosed with a serious illness.

Kingston, Ontario - Empire Life employees and retirees across the country answered the call to action by raising $263,726 in support of the United Way.

Toronto, Ontario – Citi today announced that it has been selected by The Empire Life Insurance Company (Empire Life) to provide transfer agency, fund administration, custody and securities lending services for its investment products. The mandate, which will collectively represent the administration of approximately $9 billion in assets, is scheduled to begin in the fall of 2011.

Kingston, Ontario - The Empire Life Insurance Company (Empire Life) wants to make it easier for Canadians to navigate the world of financial services.

Kingston, Ontario - Since the devastating earthquake and tsunami in Japan, Empire Life employees have reached into their pockets and raised $4,000 for the Canadian Red Cross Japan Earthquake/Asia-Pacific Tsunami relief effort. The funds will be matched by Empire Life, bringing the donation to $8,000.

Kingston, Ontario - The Empire Life Insurance Company (Empire Life) reported shareholders’ net income of $30.2 million for 2010, compared to $53.8 million for 2009. The company’s assets under management increased 10% from 2009 to reach $9.6 billion in 2010. Total revenue increased by 11% to $1.4 billion in 2010.

Kingston, Ontario - The Empire Life Insurance Company (Empire Life) today announced a 5.3% increase in its annual common share dividend to $16.0394 per share for 2011.