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A.M. Best Company

as at June 14, 2019

  • Financial Strength: A (Excellent)
  • Issuer Credit: a
  • Subordinated Debt* bbb+
  • Preferred Share: bbb

All ratings have a stable trend.


DBRS

as at May 25, 2020

  • Financial Strength Rating: A
  • Issuer Rating: A
  • Subordinated Debt Rating* A (low)
  • Preferred Shares: Pfd-2

All ratings have a Stable trend.


Top 10

Empire Life is among the top 10 life insurance companies in Canada based on total assets as reported in December 31, 2018 OSFI filings.

* assigned to the CAD 300 million 2.87% subordinated unsecured fixed/floating debentures due May 31, 2023 and CAD 200 million subordinated debentures with an initial rate of 3.383% due Dec​ember 16, 2026.