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A.M. Best Company

  • A (Excellent) as at May 27, 2016

This rating is given to companies that have, in the opinion of A.M. Best, an excellent ability to meet their ongoing obligations to policyholders.

  • bbb+ as at December 16, 2016

This rating is assigned to the CAD 130 million non-cumulative rate reset Series 1 preferred shares. The outlook assigned to the rating is stable, which is consistent with the outlook for the existing ratings of Empire Life.

For more information about these ratings, read the full A.M. Best press release.

DBRS (Dominion Bond Rating Service)

May 27, 2016

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

All ratings have a Stable trend.