Press Release

DBRS Releases Report on Empire Life

Insurance Organizations
May 30, 2011

DBRS has today released a report on The Empire Life Insurance Company (Empire or the Company) that provides further detail on the recent confirmation of the ratings.

The Company enjoys modest levels of profitability, consisting of steady financial performance in its wealth management and group benefits lines, offset by more volatile and lower earnings in its longer-duration individual protection lines.

Today’s report and the May 20, 2011, press release are available at www.dbrs.com.