2011 News Archive

Empire Life announces higher payout amounts in Vital Assist Health Benefit

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.

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Posted Date: November 28, 2011

Empire Life Everyday Heroes Raise $263,726 for the United Way

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.

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Posted Date: November 8, 2011

Citi selected by Empire Life to provide securities and fund services for $9 billion of assets

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.

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Posted Date: September 20, 2011

New visual identity signals change for Empire Life

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

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Posted Date: June 16, 2011

Empire Life employees raise funds for Japan earthquake/tsunami relief

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.

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Posted Date: March 29, 2011

Empire Life releases 2010 year-end financial results

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.

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Posted Date: March 21, 2011

Empire Life announces 5.3% common share dividend increase

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.

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Posted Date: March 11, 2011

Empire Life and Aspiria announce a new Employee Assistance Program

Kingston, Ontario - The Empire Life Insurance Company (Empire Life) and Aspiria Corp. (Aspiria) are pleased to announce the creation of a new Employee Assistance Program (EAP), AssistNow™, designed specifically for Empire Life Group Benefits customers.

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Posted Date: January 26, 2011

Empire Life announces new service to protect customers guaranteed income

Kingston, Ontario -  The Empire Life Insurance Company (Empire Life) today announced a new service for Class Plus® customers. The Excess Withdrawal Alert (EWA) service will protect Class Plus customer income from excess withdrawals that could cause their future guaranteed income to decrease.

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Posted Date: January 11, 2011