Insurance

Unimed seeking higher returns

Wednesday 8th of January 2014

Unimed’s latest financial statements show that between 2012 and 2013, $20 million of corporate bonds changed from being AA- rated to non-rated.

The company has just under $75 million invested in total.

The company’s accountant, Fraser Hope, said the move was a strategic one, to get a better return from the investment.

He said customers would be unaffected and would be bette...

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