Empire Life Insurance Company, founded in 1923 and headquartered in Kingston, Ontario, is dedicated to providing innovative life and health insurance solutions to Canadians. The company offers a range of products including individual life insurance, group benefits, and mutual funds, focusing on protecting clients' financial well-being and helping them achieve long-term financial success.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ELFCN 2.02% 2031-09-24 CADEmpire Life Insurance Company | Canada | 2031-09-24 | 2.024 | 3.97 |
| ELFCN 3.63% 2081-04-17 CADEmpire Life Insurance Company | Canada | 2081-04-17 | 3.625 | 7.19 |
| ELFCN 5.50% 2033-01-13 CADEmpire Life Insurance Company | Canada | 2033-01-13 | 5.503 | 4.78 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Empire Life began issuing bonds in the mid-1990s, providing investors with stable income options. Notably, the company issued a significant series of subordinated debentures in 2016, which were well-received by the market, reflecting investor confidence. Currently, their bond yields are competitive within the industry, and they offer unique features such as call options that allow early redemption, aligning with the company’s strategic financial management. Recent news also highlights Empire Life's increasing commitment to sustainable investing, which may influence future bond issuance strategies.