The life insurer ups its dividend on the back of higher normalised headline earnings and operating profit
Life insurer Momentum Metropolitan reported a jump in normalised headline earnings in its latest half-year results as fewer death claims resulted in its mortality experience returning to prepandemic levels.
“We are grateful to see the easing of Covid-19-related death claims and the positive mortality-experience variances in our main life insurance businesses. This indicates that the Covid-19 pandemic has reached its endemic phase,” group CEO Hillie Meyer said in its interim results to end-December...
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