Press Release

DBRS Releases Report on The Empire Life Insurance Company

Insurance Organizations
May 29, 2012

DBRS has today released a report on The Empire Life Insurance Company that provides further detail on the recent confirmation of its Claims Paying Rating of IC-2, its Issuer Rating of “A” and its Subordinated Debt rating of A (low). All ratings have a Stable trend.

Today’s report and the May 22, 2012, press release, are available at www.dbrs.com or by contacting us at info@dbrs.com.

Notes:
The applicable methodology is Rating Companies in the Canadian Life Insurance Industry (March 2011), which can be found on our website under Methodologies.

These ratings are endorsed by DBRS Ratings Limited for use in the European Union.