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Monday, June 17, 2024 - 12:33

Morningstar DBRS upgraded our trends from Stable to Positive, confirmed all credit ratings

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DBRS Limited (Morningstar DBRS) upgraded the trends on The Empire Life Insurance Company from Stable to Positive and confirmed all our ratings, including the Financial Strength Rating at “A.”

In a press release, Morningstar DBRS highlighted our long-standing presence in the Canadian life insurance market, our use of a multichannel distribution strategy and acquisitions, as well as our positive results in recent years and our strong LICAT ratio.

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