Class Plus 2.1 is being closed to new contracts Friday October 20, 2017.
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(Kingston, ON – September 12, 2017) – The Empire Life Insurance Company (“Empire Life” or “the Company”) (TSX: EML.PR.A) announced today that it intends to issue in Canada, by way of private placement, $200 million principal amount of subordinated unsecured 3.664% fixed/floating debentures due March 15, 2028 (the “Debentures”).
(TORONTO, ON – August 1, 2017) - The Empire Life Insurance Company (Empire Life) (TSX: EML.PR.A) has introduced a new online investment application for segregated funds to make it simple, fast and easy for clients to apply for segregated fund policies while meeting with their advisor.
(Kingston, ON – July 27, 2017) – The Empire Life Insurance Company (Empire Life) (TSX: EML.PR.A) has declared a cash dividend on the Non-Cumulative Rate Reset Preferred Shares, Series 1, being $0.359375 per share to be paid on October 17, 2017 to shareholders of record on September 18, 2017.
Empire Life advises that this dividend is an eligible dividend for the purposes of the Income Tax Act, Canada and any similar provincial tax legislation.
(Kingston, ON – July 27, 2017) – The Empire Life Insurance Company (“Empire Life”) (TSX: EML.PR.A) today reported second quarter common shareholders’ net income of $33.4 million for 2017, compared to $24.8 million for 2016. Year to date common shareholders’ net income was $83.6 million compared to $62.1 million in 2016.