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Empire Life History

The Empire Life Insurance Company was founded in 1923 in Toronto and is now one of the top 10 life insurance companies in Canada.

In 1936, our Corporate Head Office moved to Kingston, Ontario and is now an integral part of the city's history.

Significant events in Empire Life history

2013

Empire Life named best life insurance company in Canada

2013

The Company celebrates 90th anniversary

2011

Launch of new Mutual Fund company, Empire Life Investments Inc.

2011

New visual identity introduced

2009

Surpassed $8.5 billion in assets under management

2008

Launch of Class Plus—segregated fund with guaranteed minimum withdrawal benefit (GMWB)

2008

The Company celebrates 85th anniversary

2007

In October, surpassed $1 billion in gross segregated fund sales (year-to-date)—a company record

2006

Marketing name change from Empire Financial Group to Empire Life

2002

Amalgamation with Concordia Life Insurance Company

2000

Assumption of annuity and registered retirement income fund (RRIF) block of policies of Coopérants, Mutual Life Insurance Society

1997

Acquisition of Colonia Life Insurance Company (name changed to Concordia Life Insurance Company)

1997

Assumption of deferred annuity block of policies of Allstate Life Insurance Company of Canada

1995

Agreement to administer and assume deferred annuity and RRIF block of policies of Confederation Life Insurance Company

1993

Acquisition of non-participating individual insurance policies of The Citadel Life Assurance Company

1992

Acquisition of a block of group business of The Metropolitan Life Insurance Company

1987

E-L Financial Corporation Limited brings together through merger and acquisition activities The Empire Life Insurance Company, The Montreal Life Insurance Company and the life insurance section of The Dominion of Canada General Insurance Company; adopt marketing name of Empire Financial Group

1970

Life insurance business in-force grows to $1 billion

1968

E-L Financial Corporation Limited is formed as holding company of Empire Life

1963

Empire Life acquires first computer

1957

Empire Life begins selling Group products

1936

Merger with Mutual Relief Life Insurance Company; Head Office moves from Toronto to Kingston, Ontario

1934

Acquisition of The Canadian Order of Odd Fellows insurance portfolio

1929

Merger with The Commonwealth Life and Accident Insurance Company

1926

The Company expands outside Ontario by opening a Branch Office in British Columbia

1923

The Empire Life Insurance Company is founded by Milton Palmer Langstaff in Toronto, Ontario