
Insurance
Fidelity Life's rating reaffirmed
Friday 20th of January 2012
The ratings agency also noted that Fidelity had seen improving lapse rates and experience profits.
"Consistent profitability and high earnings retention have helped the company to continuously grow its capital position the past five years. Fidelity Life's capital position increased by 15% to $129 millin the year ending June 2011, while underwriting and asset risks remained relative...
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