Insurance

Partners Life beats its own targets

Wednesday 12th of December 2018

The company has reported underlying insurance profit of $5.9 million in the six months to September 30. This is 38% lower than in the comparable period last year when it reported a profit of  $9.5 million

Chief financial officer Sean Kam says this was due to "some short‐term claims volatility".

During the period it paid out $59.2 million in claims compared to $40....

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