Momentum expects headline earnings to surge as pandemic eases

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Momentum expects headline earnings to surge as pandemic eases
Brasil Últimas Notícias,Brasil Manchetes

The life insurer has bounced back from the pandemic as its normalised headline earnings increased after fewer deaths claims

Life insurer Momentum Metropolitan bounced back from the Covid-19 pandemic as its normalised headline earnings shot up after fewer deaths claims.

The company reported on Tuesday that its normalised headline earnings, a profit measure that strips out impairments and one-off items, jumped 73.3% year on year to R1.23bn for the three months to end-September...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Brasil Últimas Notícias, Brasil Manchetes

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