A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a” of Kingston, Ont.-based Empire Life Insurance Co. The outlook for both ratings is stable.The ratings agency says the ratings of Empire Life reflect its strong growth in segregated funds, favorable capital position and consistent aggregate operating […]
Empire Life’s new CEO, Les Herr, prefers the slow but steady approach
Herr to take over in April
The Empire Life Insurance Co. today announced the launch of Empire Global Dividend Growth Fund, a low risk, low volatility segregated fund suited for investors of all risk tolerances. “Global investing opens up the universe of stocks and allows investors to gain exposure to a variety of stock-specific and macroeconomic factors that are not present […]
Total AUA increased 22%; shareholders’ net income rose 88%
Hoegboom to step down in 2008
Changes help advisors tailor solutions to clients
AllianceBernstein replaces UBS Global Asset Management Co.
The Empire Life Insurance Co. today announced enhancements to its Solution Series term life insurance products including a rate refinement, new pricing band and a “no fluids” approach to underwriting policies. The new “no fluids” approach to policies up to $249,999 and age 45 will be extended to all life insurance products offered by Empire […]
Empire Life replaces Empire Financial Group