
Insurance
Partners Life profit flat on back of continued growth

Tuesday 1st of August 2017
The company has reported underlying insurance profit of $12.46 million, slightly down on last year’s record $12.57m.
Chief financial officer Sean Kam described the previous year’s profit as “exceptional” and said this year’s, although flat, was still “good”.
Kam says the key difference in the results is due to changes in economic assumptions, based on rising interest rates.
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