27:
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As part of this acquisition, Empire Life became a subsidiary of the holding company, E-L Financial
Services Limited which now owns 98.3% of the company. The remaining 1.7% of Empire Life common shares are widely held by various individual shareholders. E-L Financial Services Limited is 100% owned by
297:
On
December 31, 1997, Empire Life acquired all the shares of Colonia Life Insurance Company and subsequently changed the name of the company to Concordia Life Insurance Company a year later. On January 1, 2002, Empire Life and Concordia amalgamated as one company under the name of The Empire Life
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In 1968, E-L Financial
Corporation Limited acquired 94% of the outstanding shares of Empire Life. In 1987, E-L Financial acquired The Montreal Life Insurance Company, as well as the life insurance operations of
241:, management general agents, national account firms and employee benefit producers. Empire Life is the parent company of Empire Life Investments Inc., a Canadian investment management company launched in 2011.
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was followed by the acquisition of The
Canadian Order of Odd Fellows insurance portfolio in 1934, and a subsequent merger with the Mutual Relief Life Insurance Company in 1936. Following the
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282:, and in 1993 acquired the non-participating individual insurance policies of The Citadel Life Assurance Company. In 1995, Empire Life agreed to administer and assume a block of deferred
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Insurance
Company (or L'Empire, Compagnie d'Assurance-Vie). From 1987 to 2005, Empire Life used the marketing name of Empire Financial Group but re-branded as Empire Life in 2006.
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plans, group life and health insurance plans for 20+ employees, Administrative
Services Only (ASO) contracts, cost plus arrangements and disability management
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290:(RRIF) policies of Confederation Life Insurance Company. In 1997, Empire Life assumed a block of deferred annuity policies from
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of the Mutual Relief Life
Insurance Company, the company's head office moved from Toronto, Ontario to Kingston, Ontario.
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Empire Life has grown to become one of the top 10 life insurance companies in Canada and one of Canada's best employers.
294:. In 2000, Empire Life assumed a block of annuity and RRIF policies from Coopérants, Mutual Life Insurance Society.
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In 1929, Empire Life merged with The
Commonwealth Life and Accident Insurance Company. This
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644:"Empire Life invests $ 250,000 in Pathways to Education's Graduation Nation Initiative"
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life and health products through independent distribution partners including
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In 1992, Empire Life acquired a block of group insurance business from the
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Empire Life invests in communities across the country through charitable
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including a
Guaranteed Minimum Withdrawal Benefit (GMWB) product,
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271:, and adopted the marketing name of Empire Financial Group.
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Empire Life was founded in 1923 by Milton Palmer
Langstaff.
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Empire Life Invests $ 250,000 in Pathways to Education's
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Duncan N.R. Jackman (chairman of the board of directors)
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608:"New Brand Name for The Empire Life Insurance Company"
570:: "Top 10 Life Insurers", June 2018 based on revenue
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691:Financial services companies established in 1923
632:Empire Life Public Accountability Statement 2020
269:The Dominion of Canada General Insurance Company
686:Companies listed on the Toronto Stock Exchange
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233:, health and investment products as well as
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292:Allstate Life Insurance Company of Canada
433:, operations, retail and group solutions
338:Group Registered Retirement Savings Plan
221:of E-L Financial Corporation Limited of
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596:E-L Financial Corporation Limited (E-L)
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537:E-L Financial Corporation Limited (E-L)
396:Mark Sylvia, FCIP, FLMI, president and
217:. It was incorporated in 1923 and is a
706:Canadian companies established in 1923
585:list of "Canada's Best Employers 2019"
332:, Guaranteed Interest Options (GIOs),
344:through Empire Life Investments Inc.
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681:Companies based in Kingston, Ontario
454:Rebecca Rycroft, FSA, FCIA, senior
280:Metropolitan Life Insurance Company
275:E-L Financial Corporation Limited.
696:Life insurance companies of Canada
520:The Honourable Henry N. R. Jackman
464:Kathy Thompson, FSA, FCIA, senior
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568:Globe and Mail Report on Business
412:Edward Gibson, FSA, FCIA, senior
334:Registered Retirement Income Fund
288:Registered Retirement Income Fund
184:The Empire Life Insurance Company
175:Empire Life Historical Building,
20:The Empire Life Insurance Company
581:Empire Life ranked 284th in the
547:Bloomberg Businessweek Companies
566:Empire Life ranked 10th in the
474:Chris Volk, BSc (Hons), senior
352:group life and health insurance
229:, Canada. The company provides
701:1923 establishments in Ontario
1:
358:Sponsorships and philanthropy
375:contributions and community
149:Empire Life Investments Inc.
542:Empire Life Investments Inc
444:, insurance and investments
95:Mark Sylvia (president and
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350:Small and medium business
318:Critical illness insurance
209:company headquartered in
139:E-L Financial Corporation
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480:chief technology officer
447:Mark Rogers, CA, senior
436:Steve Pong, BSc, senior
429:Erik Kalin, MBA, senior
425:chief investment officer
419:Paul Holba, CFA, senior
314:Permanent life insurance
460:chief financial officer
451:, corporate development
442:chief operating officer
398:chief executive officer
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248:History and ownership
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532:Empire Life web site
402:Richard Carty, MBA,
391:Corporate management
307:Individual Insurance
72:259 King Street East
497:Duncan N.R. Jackman
310:Term life insurance
125:Number of employees
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493:Chair of the board
486:Board of directors
470:chief risk officer
239:financial advisors
207:financial services
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416:and chief actuary
384:Graduation Nation
323:Wealth Management
201:), is a Canadian
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649:. Archived from
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610:. Archived from
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511:Edward Iacobucci
507:Stephanie Bowman
326:Segregated funds
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16:Canadian company
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517:Honorary chair:
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404:general counsel
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330:Portfolio funds
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231:individual life
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526:External links
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476:vice-president
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466:vice-president
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456:vice-president
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449:vice-president
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348:Group Benefits
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203:life insurance
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656:on 2014-06-06
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658:. Retrieved
651:the original
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616:. Retrieved
612:the original
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377:sponsorships
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342:Mutual Funds
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190:
188:operating as
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145:Subsidiaries
69:Headquarters
34:Company type
406:and senior
367:, employee
261:acquisition
191:Empire Life
675:Categories
660:2014-06-05
618:2009-03-12
553:References
386:Initiative
219:subsidiary
199:Empire Vie
118:Investment
88:Key people
38:Subsidiary
502:Directors
369:volunteer
365:donations
114:Insurance
48:Insurance
302:Products
211:Kingston
177:Kingston
110:Products
75:Kingston
44:Industry
373:in-kind
371:hours,
284:annuity
227:Ontario
223:Toronto
215:Ontario
161:.empire
154:Website
82:K7L 3A8
79:Ontario
62:Ontario
58:Toronto
54:Founded
583:Forbes
257:merger
195:French
135:Parent
654:(PDF)
647:(PDF)
235:group
478:and
468:and
458:and
440:and
423:and
316:and
286:and
205:and
179:, ON
163:.ca
159:www
129:900
97:CEO
677::
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193:(
99:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.