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(Kingston, ON – May 7, 2019) The Empire Life Insurance Company (“Empire Life”) (TSX: EML.PR.A) is pleased to announce the appointments of Steve Pong as Senior Vice-President, Retail, and Michael Perry as Senior Vice-President, Group Solutions.
Empire Life announces 2023 fourth quarter dividends
(Kingston, ON – February 28, 2024) – The Board of Directors of The Empire Life Insurance Company (Empire Life) today declared the following cash dividends:
Class |
Record Date |
Payable Date |
Amount of Dividend per Share |
Common shares |
March 14, 2024 |
April 9, 2024 |
Empire Life reports fourth quarter results
Q4 2023 highlights (compared to restated Q4 2022)
- Common shareholders’ net income of $111 million (compared to restated net income of $5 million)
- Earnings per share (basic and diluted) of $112.15 (compared to restated $5.32)
2023 highlights (compared to restated 2022)
Two Empire Life investment funds win FundGrade A+ Award
(Toronto, ON – February 5, 2024) – The Empire Life Insurance Company (Empire Life) is pleased to announce that Empire Life Asset Allocation GIF and Empire Life Canoe Moderate Growth Portfolio GIF 1 have been recognized for their exceptional risk-adjusted performance over the 2023 calendar year, each winning a Fundata FundGrade A+® Award. This is the 6th time Empire Life Asset Allocation GIF has received this award.
2024 employee benefit plans: focus on costs, mental health, well-being
(Kingston, ON – January 29, 2024) – Advisors and their customers are more focused on cost containment in their group benefits plans this year compared to 2023. This was a key finding of an industry trends panel discussion hosted by The Empire Life Insurance Company (Empire Life) and featuring the Canadian Life and Health Insurance Association (CLHIA) and The Conference Board of Canada.
Quebec drug insurance pooling corporation 2024 updates
QDIPC (Quebec Drug Insurance Pooling Corporation) has published its 2024 update of Quebec group insurance pooling terms and conditions, and Empire Life has begun to apply the new pooling thresholds and fees. This will affect all 2024 renewal calculations and quotes that involve Quebec plan members.
What's changing?
Please see QDIPC’s increased pooling thresholds in the table below.
Off the cuff with Doug Cooper: The benefits of dividend investing
Doug Cooper, CFA, Senior Portfolio Manager, discusses what makes dividend growth an attractive choice for investors.
Advisor webinar: Susan Black to join Mark Sylvia and Stephen Frank in group benefits industry outlook panel
The 2024 Empire Life Group Benefits Industry Outlook Panel for advisors takes place January 16, 2024. In this edition, Conference Board of Canada President and CEO, Susan Black, will join returning panelists Mark Sylvia, President and CEO of Empire Life, and Stephen Frank, President and CEO of CLHIA, who have been instrumental in the success of the past two years' events.
Empire Life donates $100,000 to commemorate centennial year
December 13, 2023—(Kingston ON) In honour of its 100th anniversary on January 11, 2023, Empire Life launched a grant program that encouraged employees to nominate and vote for charities across the country. The final 10 registered charities each received a $10,000 donation, for a total donation of $100,000, as part of the Empire Cares Grant Challenge.