Agreement to purchase shares from Guardian Assurance (Toronto, ON – December 11, 2015) – E-L Financial Corporation Limited (E-L Financial) (TSX:ELF) (TSX:ELF.PR.F) (TSX:ELF.PR.G) (TSX:ELF.PR.H) has agreed to purchase Guardian Assurance Limited's (Guardian) 19% share of holding company E-L Financial Services Limited (ELFS). As a result of this agreement, E-L Financial will own 100% of ELFS, which owns 98.3% of The Empire Life Insurance Company (Empire Life).
Fri, 12/11/2015 - 11:47
Tue, 10/27/2015 - 11:46
(Kingston, ON – November 27, 2015) – The annual Empire Life United Way campaign recently wrapped up with employees, retirees and the company donating an impressive $237,000 to benefit United Ways across Canada. The company matched all employee and retiree pledges, dollar for dollar.
Sat, 10/10/2015 - 11:45
(Kingston, ON – November 10, 2015) – The Empire Life Insurance Company (Empire Life) today reported third quarter shareholders’ net income of $22.2 million for 2015, compared to $24.1 million for 2014. Year to date shareholders’ net income was $92.4 million compared to $80.5 million in 2014.
Fri, 10/09/2015 - 11:44
Many cheered when the federal government lowered the minimum RRIF withdrawals in the 2015 budget. With Canadians living longer and earning lower fixed-income returns, proponents said the move meant clients could stretch RRIFs further.