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DBRS morningstar

as at June 3, 2021

  • Financial Strength Rating: A
  • Issuer Rating: A
  • Subordinated Debt Rating* A (low)
  • Limited Recourse Capital Notes BBB (high)
  • 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, 2020 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 December 16, 2026.