
Insurance
Sovereign records growth in life business
Friday 18th of August 2006
Sovereign has reported a record after tax profit of $102.6 million, up 27%, for the year ending 30 June 2006.During the year it increased our new risk annual premiums by 9% to $51.7 million lifting our 12-month rolling average market share by just under 1% to 32.7%.
In force annual risk premiums increased by 13% to $316 million. This growth increased our share of the annual risk premium...
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