
Insurance
Promina put out half-year results
Friday 2nd of September 2005
Gross premiums were up 17.5% on the first half of 2004.
Particularly positive was the company’s life risk business in New Zealand, through Asteron. “A significant contributor to this result was the improvements to the pricing of the inforce book in New Zealand,” says Promina in its notes to investors.
“The positive experience deviations of $7m resulted from better than forecast persist...
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