E-L Financial Corp. Ltd. declared first preference shares, Series 1 dividend of $0.33125, First Preference Shares, Series 2 of $0.296875, First Preference Shares, Series 3 of $0.34375, Series A Preference Shares of $0.125, payable on July 17, 2013. The record date will be July 3, 2013. The company announced dividend on common shares of $0.125, payable on July 17, 2013. The record date will be July 3, 2013.

E-L Financial Corp. Ltd. announced consolidated and company earnings results for the first quarter ended March 31, 2013. For the quarter, the consolidated company reported net operating income was $21.4 million or $4.47 per share compared with $45.1 million or $10.83 per share in 2012. The consolidated net income of $146.0 million or $36.20 per share for the first three months of 2013 compared with $155.9 million or $39.02 per share in 2012. For the quarter, the company reported net operating income was $5.43 million against $7.24 million a year ago. Net income was $124.13 million against $109.44 million a year ago.

E-L Financial Corp. Ltd. announced consolidated earnings results for the year ended December 31, 2012. For the year, the company reported net operating income of $87.6 million or $18.62 per share in 2012 compared with $30.3 million or $5.15 per share in 2011. The $57.3 million increase in net operating income in 2012 versus 2011 is principally attributable to a $35.2 million increase in net operating income at the life insurance operation (Empire Life) as a result of a less severe long-term interest rate drop, higher product prices, and favorable improvement in policy liability assumption updates in the Individual Insurance product line. Consolidated net income of $472.7 million or $116.66 per share compared with a net loss of $44.7 million or $13.93 per share in 2011. Consolidated comprehensive income of $481.8 million or $118.96 per share in 2012 compared with a loss of $57.8 million or $17.24 per share in 2011.