Posted On: 08/03/2014 3:41:19 PM
Post# of 273256
E L Finl Corporation (ELFIF) 640.3995 $ELFIF
A.M. Best Affirms Ratings of The Empire Life Insurance Company
Business Wire - Wed May 21, 2:00PM CDT
A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of "a" of The Empire Life Insurance Company (Empire Life) (Kingston, Ontario, Canada). Concurrently, A.M. Best has affirmed the debt rating of "bbb+" on the CAD 300 million 2.87% subordinated unsecured fixed/floating debentures due May 31, 2023 of Empire Life. The outlook for all ratings is stable. Empire Life is a subsidiary of E-L Financial Corporation Limited (E-L Financial) (Toronto, Ontario, Canada), which operates as a publicly traded Canadian investment and insurance holding company.
Empire Life Chief Executive Officer to Step Down May 30, 2014
Marketwire - Wed Mar 05, 3:16PM CST
Duncan Jackman, Chairman, Chief Executive Officer and President of E-L Financial Corporation Limited ("E-L"
(TSX: ELF) (TSX: ELF.PR.F) (TSX: ELF.PR.G) (TSX: ELF.PR.H) and Chairman of the Board of Directors of The Empire Life Insurance Company (Empire Life) today announced that Leslie C. (Les) Herr will be leaving his position as President and Chief Executive Officer of Empire Life effective May 30, 2014.
E-L Financial Corporation Limited Announces Dividends
Marketwire - Tue Mar 04, 1:47PM CST
The Board of Directors of E-L Financial Corporation Limited (TSX: ELF)(TSX: ELF.PR.F)(TSX: ELF.PR.G)(TSX: ELF.PR.H) today declared the following cash dividends:
E-L Financial Corporation Limited Announces December 31, 2013 Year End Financial Results
Marketwire - Tue Mar 04, 1:35PM CST
E-L Financial Corporation Limited ("E-L Financial" (TSX: ELF)(TSX: ELF.PR.F)(TSX: ELF.PR.G)(TSX: ELF.PR.H) today reported for the year ended December 31, 2013, consolidated net operating income from continuing operations(1) of $140.6 million or $31.84 per share(2) in 2013 compared with $71.4 million or $14.53 per share in 2012. The $69.2 million increase in net operating income in 2013 versus 2012 is mainly attributable to the $44.5 million increase in life insurance operation's ("Empire Life's" net operating income resulting primarily from the Individual Insurance product line. The increase is due mainly to the favourable impact of long-term interest rate movements and stock market movements in 2013. E-L Corporate's net operating income increased $24.6 million principally due to the recovery of refundable dividend taxes resulting from the $301.5 million payment of the special dividend to Common shareholders.
E-L Financial Corporation Limited Announces June 30, 2013 Interim Financial Results
Marketwire - Fri Aug 09, 2:02PM CDT
E-L Financial Corporation Limited ("E-L Financial" (TSX: ELF)(TSX: ELF.PR.F)(TSX: ELF.PR.G)(TSX: ELF.PR.H) today reported for the quarter ended June 30, 2013, consolidated net operating income(1) of $40.6 million or $9.34 per share(2) compared with $49.3 million or $11.52 per share in 2012. The $8.7 million decrease in net operating income in 2013 versus 2012 is attributable to a decrease in the general insurance operation's ("The Dominion" net operating income which reflects losses from the heavy flooding in Alberta in June 2013, in contrast with prior year reserve reductions in the second quarter of 2012. Partially offsetting the decrease, the life insurance operation's ("Empire Life" net operating income increased $19.0 million due to the favourable impact of long-term interest rate movements in 2013.
A.M. Best Comments on Travelers Companies, Inc.'s Acquisition of The Dominion of Canada General Insurance Company
Business Wire - Tue Jun 11, 1:48PM CDT
A.M. Best Co. has commented that the ratings of The Travelers Companies, Inc. (Travelers) (New York, NY) [NYSE: TRV] and its subsidiaries remain unchanged following its announcement that it has agreed to acquire The Dominion of Canada General Insurance Company (The Dominion) (Toronto, Canada), one of the largest property/casualty insurers in Canada, from E-L Financial Corporation Limited [TSX: ELF]. The Dominion and Travelers' Canadian operations will be integrated, and the combined organization will remain headquartered in Toronto.
IIROC Trade Resumption - E-L Financial Corporation Limited
Newsfile Corp - Mon Jun 10, 8:14AM CDT
Trading resumes in:
Travelers to Acquire The Dominion of Canada General Insurance Company
Business Wire - Mon Jun 10, 8:00AM CDT
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has agreed to acquire The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited (TSX: ELF) for approximately $1.1 billion in cash, subject to adjustment. The Dominion and Travelers' Canadian operations will be integrated and the combined organization will remain headquartered in Toronto.
IIROC Trade Halt - E-L Financial Corporation Limited
Newsfile Corp - Mon Jun 10, 7:35AM CDT
The following issues have been halted by IIROC:
E-L Financial Corporation Limited Announces Outcome of Director Elections
Marketwire - Wed May 15, 11:13AM CDT
E-L Financial Corporation Limited (TSX: ELF)(TSX: ELF.PR.F)(TSX: ELF.PR.G)(TSX: ELF.PR.H) reports the following voting results for the election of directors at its Annual Meeting of Shareholders held on May 10, 2013:
E-L Financial Corporation Limited Announces March 31, 2013 Interim Financial Results
Marketwire Canada - Fri May 10, 10:40AM CDT
E-L Financial Corporation Limited ("E-L Financial" (TSX:ELF)(TSX:ELF.PR.F)(TSX:ELF.PR.G)(TSX:ELF.PR.H) today reported for the quarter ended March 31, 2013, consolidated net operating income(1) of $21.4 million or $4.47 per share(2) compared with $45.1 million or $10.83 per share in 2012.
A.M. Best Affirms Ratings of The Empire Life Insurance Company
Business Wire - Wed May 21, 2:00PM CDT
A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of "a" of The Empire Life Insurance Company (Empire Life) (Kingston, Ontario, Canada). Concurrently, A.M. Best has affirmed the debt rating of "bbb+" on the CAD 300 million 2.87% subordinated unsecured fixed/floating debentures due May 31, 2023 of Empire Life. The outlook for all ratings is stable. Empire Life is a subsidiary of E-L Financial Corporation Limited (E-L Financial) (Toronto, Ontario, Canada), which operates as a publicly traded Canadian investment and insurance holding company.
Empire Life Chief Executive Officer to Step Down May 30, 2014
Marketwire - Wed Mar 05, 3:16PM CST
Duncan Jackman, Chairman, Chief Executive Officer and President of E-L Financial Corporation Limited ("E-L"
(TSX: ELF) (TSX: ELF.PR.F) (TSX: ELF.PR.G) (TSX: ELF.PR.H) and Chairman of the Board of Directors of The Empire Life Insurance Company (Empire Life) today announced that Leslie C. (Les) Herr will be leaving his position as President and Chief Executive Officer of Empire Life effective May 30, 2014. E-L Financial Corporation Limited Announces Dividends
Marketwire - Tue Mar 04, 1:47PM CST
The Board of Directors of E-L Financial Corporation Limited (TSX: ELF)(TSX: ELF.PR.F)(TSX: ELF.PR.G)(TSX: ELF.PR.H) today declared the following cash dividends:
E-L Financial Corporation Limited Announces December 31, 2013 Year End Financial Results
Marketwire - Tue Mar 04, 1:35PM CST
E-L Financial Corporation Limited ("E-L Financial"
(TSX: ELF)(TSX: ELF.PR.F)(TSX: ELF.PR.G)(TSX: ELF.PR.H) today reported for the year ended December 31, 2013, consolidated net operating income from continuing operations(1) of $140.6 million or $31.84 per share(2) in 2013 compared with $71.4 million or $14.53 per share in 2012. The $69.2 million increase in net operating income in 2013 versus 2012 is mainly attributable to the $44.5 million increase in life insurance operation's ("Empire Life's" net operating income resulting primarily from the Individual Insurance product line. The increase is due mainly to the favourable impact of long-term interest rate movements and stock market movements in 2013. E-L Corporate's net operating income increased $24.6 million principally due to the recovery of refundable dividend taxes resulting from the $301.5 million payment of the special dividend to Common shareholders. E-L Financial Corporation Limited Announces June 30, 2013 Interim Financial Results
Marketwire - Fri Aug 09, 2:02PM CDT
E-L Financial Corporation Limited ("E-L Financial"
(TSX: ELF)(TSX: ELF.PR.F)(TSX: ELF.PR.G)(TSX: ELF.PR.H) today reported for the quarter ended June 30, 2013, consolidated net operating income(1) of $40.6 million or $9.34 per share(2) compared with $49.3 million or $11.52 per share in 2012. The $8.7 million decrease in net operating income in 2013 versus 2012 is attributable to a decrease in the general insurance operation's ("The Dominion" net operating income which reflects losses from the heavy flooding in Alberta in June 2013, in contrast with prior year reserve reductions in the second quarter of 2012. Partially offsetting the decrease, the life insurance operation's ("Empire Life" net operating income increased $19.0 million due to the favourable impact of long-term interest rate movements in 2013. A.M. Best Comments on Travelers Companies, Inc.'s Acquisition of The Dominion of Canada General Insurance Company
Business Wire - Tue Jun 11, 1:48PM CDT
A.M. Best Co. has commented that the ratings of The Travelers Companies, Inc. (Travelers) (New York, NY) [NYSE: TRV] and its subsidiaries remain unchanged following its announcement that it has agreed to acquire The Dominion of Canada General Insurance Company (The Dominion) (Toronto, Canada), one of the largest property/casualty insurers in Canada, from E-L Financial Corporation Limited [TSX: ELF]. The Dominion and Travelers' Canadian operations will be integrated, and the combined organization will remain headquartered in Toronto.
IIROC Trade Resumption - E-L Financial Corporation Limited
Newsfile Corp - Mon Jun 10, 8:14AM CDT
Trading resumes in:
Travelers to Acquire The Dominion of Canada General Insurance Company
Business Wire - Mon Jun 10, 8:00AM CDT
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has agreed to acquire The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited (TSX: ELF) for approximately $1.1 billion in cash, subject to adjustment. The Dominion and Travelers' Canadian operations will be integrated and the combined organization will remain headquartered in Toronto.
IIROC Trade Halt - E-L Financial Corporation Limited
Newsfile Corp - Mon Jun 10, 7:35AM CDT
The following issues have been halted by IIROC:
E-L Financial Corporation Limited Announces Outcome of Director Elections
Marketwire - Wed May 15, 11:13AM CDT
E-L Financial Corporation Limited (TSX: ELF)(TSX: ELF.PR.F)(TSX: ELF.PR.G)(TSX: ELF.PR.H) reports the following voting results for the election of directors at its Annual Meeting of Shareholders held on May 10, 2013:
E-L Financial Corporation Limited Announces March 31, 2013 Interim Financial Results
Marketwire Canada - Fri May 10, 10:40AM CDT
E-L Financial Corporation Limited ("E-L Financial"
(TSX:ELF)(TSX:ELF.PR.F)(TSX:ELF.PR.G)(TSX:ELF.PR.H) today reported for the quarter ended March 31, 2013, consolidated net operating income(1) of $21.4 million or $4.47 per share(2) compared with $45.1 million or $10.83 per share in 2012.
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