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DBRS

as at June 3, 2021

  • Financial Strength Rating: A
  • Issuer Rating: A
  • Subordinated Debt*: 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 Dec​ember 16, 2026.