Saturday August 15, 2020

Profits double at Canada Life’s Irish operation

Canada Life’s Irish operations saw profits almost double to €56 million last year.

28th July, 2007

Canada Life’s Irish operations saw profits almost double to €56 million last year.

The bottom line was boosted by €30 million thanks to a significantly improved result from earned premiums across the company’s life and pensions businesses.

Technical income, which covers premiums, investment income and unrealised gains on investments, exceeded total technical charges - such as provisions and the costs of paying claims - by almost €45million in the year to...

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