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Empire Life reports second quarter 2018 results

All numbers expressed in millions of dollars, except per share amounts and as otherwise indicated. 

Q2 2018 highlights (compared to Q2 2017)

  • 71% increase in common shareholders’ net income of $57.3 compared to $33.4
  • Earnings per share (basic and diluted) of $58.14 compared to $33.91
  • Return on common shareholders’ equity1 (“ROE”) of 15.6% compared to 10.1%

Q2 2018 year to date highlights (compared to YTD 2017)

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Empire Life launches seven new global funds, preferred pricing program and fee for service option

May 28, 2018 (Toronto, Ontario) – The Empire Life Insurance Company (“Empire Life”) (TSX: EML.PR.A) is introducing seven new global funds, a fee for service option and a preferred pricing program to provide clients with more global and lower cost investment options within their Guaranteed Investment Fund (GIF) product line of segregated funds.                                                                                                                                                                                           

 

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