Biggest challenge is educating investors
The Empire Life Insurance Co. has launched Class Plus, the newest enhancement to its Empire Class Segregated Funds product now with a Guaranteed Minimum Withdrawal Benefit. Class Plus will be available for sale starting Oct. 20. Class Plus offers investors the opportunity to benefit from the upside potential of the markets by investing in selected […]
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.