Fidelity Life highlights underlying strength despite $24m loss
Life insurer's underlying profit up 14% following completion of Westpac Life buy.
Fidelity Life chief executive Melissa Cantell.
The country’s largest locally-owned life insurer has increased underlying profit by 14% following a “ground-breaking” year in which it completed the $400 million acquisition of Westpac Life.
But its total comprehensive income after tax fell from $4.3m to a $24m loss following a significant
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