Report
Hema Singh ...
  • Marcos Alvarez

Empire Life Insurance Company, The: Rating Report

The rating confirmations and Stable trends reflect Empire's long-standing presence in the consolidated Canadian life insurance market. The Company's franchise strengths lie in its diverse suite of primary products, including life and group insurance products as well as wealth-management products sold through a multichannel distribution strategy. Empire has good earnings generation, prudent risk management, and strong capitalization relative to the risks undertaken.
Underlyings
Empire Life Insurance Co Non Cum Rate Reset Pfd Registered Shs Series 1

Empire Life Insurance Company, The

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Hema Singh

Marcos Alvarez

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