2008 News Archive

Empire Life accepting applications for Tax-Free Savings Accounts

Kingston, Ontario - The Empire Life Insurance Company (Empire Life) is accepting applications for Tax-Free Savings Accounts (TFSAs) now so clients can start making contributions on January 1, 2009 when the new savings vehicle is officially open to Canadians.

Read more...
Posted Date: December 03, 2008

Empire Life campaign raises $185,000 for United Way/Centraide across the country—a new record!

Kingston, Ontario - Empire Life employees and retirees have raised a record-setting $185,908 for United Way/Centraides across the country. More than $164,000 of the total will benefit the United Way serving Kingston, Frontenac, Lennox and Addington.

Read more...
Posted Date: November 20, 2008

Empire Life introduces Class Plus now with a Guaranteed Minimum Withdrawal Benefit

Kingston, Ontario - The Empire Life Insurance Company (Empire Life) today announced the launch of "Class Plus" the newest enhancement to its Empire Class Segregated Funds product now with a Guaranteed Minimum Withdrawal Benefit. Class Plus will be available for sale starting October 20, 2008.

Read more...
Posted Date: October 16, 2008

Empire Life and E-L Financial announce completion of private placement debenture financing

Kingston, Ontario - The Empire Life Insurance Company (Empire Life) and E-L Financial Corporation Limited (E-L Financial) (TSX: ELF, ELF.PR.F, ELF.PR.G) today announced completion of a private debenture financing arrangement between the two companies.

Read more...
Posted Date: September 30, 2008

Empire Life appoints Executive Vice-President and new Chief Financial Officer

Kingston, Ontario - Leslie C. Herr, MBA, CFP, CLU, CH.F.C., President and Chief Executive Officer of The Empire Life Insurance Company (Empire Life) has appointed Michael C. Schneider, FSA, FCIA, as Executive Vice-President, Finance, effective June 1, 2008.

Read more...
Posted Date: May 13, 2008

Empire Life issues 2007 Annual Report; Total assets under administration grow 19% to reach $8.4 billion

Kingston, Ontario - The Empire Life Insurance Company (Empire Life) has issued its 2007 annual report which is now available for viewing and download at www.empire.ca. Highlights of 2007 year-end results include reaching a record $8.4 billion in assets under administration and strong sales results reported from all three major product lines: individual insurance, wealth management and employee benefits.

Read more...
Posted Date: April 14, 2008