
Insurance
Customers spooked by insurance report

Thursday 28th of February 2019
The website operator released its financial result for the six months ended December 31.
While Trade Me Insurance, which offers cover for house, car and contents, had revenue up 81.3% year-on-year, LifeDirect revenue slumped 14.4%, which Trade Me said was due to softening market conditions and increasing online competition.
Overall, reported profit was $44.4 million for the site...
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