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 (Dominion Bond Rating Service)
as at May 27, 2019
- Financial Strength Rating: A
- Issuer Rating: A
- Subordinated Debt Rating* A (low)
- Preferred Shares: Pfd-2
All ratings have a Stable trend.
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 December 16, 2026.