Q1 2021 highlights (compared to Q1 2020)
- Common shareholders’ net income of $157 million compared to a net loss of $32 million
- Earnings per share (basic and diluted) of $159.82 compared to $(32.05)
- Return on common shareholders’ equity1 (“ROE”) of 20.3% compared to 6.5%
(Kingston, ON – April 29, 2021) – The Empire Life Insurance Company (“Empire Life”) today reported common shareholders’ net income of $157 million for the first quarter of 2021, compared to a net loss of $32 million in 2020.