Growth keeps Partners Group hungry for capital
Young life insurer reports strong profits, negative cashflow.
Tim Hunter
Thu, 23 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Life insurer Partners Group has continued its growth trajectory, reporting premium revenue up 20% to $206.6 million and a 76% underlying life insurance profit lift to $22m.
Sales commission expenses were $93.4m, comprising upfront commission costs of $72.5m and trail commission of $20.9m.
The
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Tim Hunter
Thu, 23 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
