Insurance

Investments help Fidelity's profits

Friday 24th of March 2006
Fidelity Life has reported a record interim result for the six months ending December 31, achieving a net surplus after tax of $4.9 million, a 67% increase over the same period last year.

Total assets increased by 13% to $287m during the six months under review, due to strong investment performance and positive cash flow since June 30, the company says.

Chief executive Milton Jennings attr...

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