Liberty says group has strong capital cover despite market uncertainty

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

대한민국 뉴스 뉴스

Group says it is uncertain of coronavirus impact on 2020 financials

Financial services group and life insurer Liberty Life said it was uncertain of what the full impact of the coronavirus would be on its financial performance for 2020, despite strong capital cover.

The group’s SIP includes assets backing capital in its insurance operations which in the latest financial results in February delivered earnings of R1bn. It said the strategies it employed to manage its asset and liability positions had also been negatively impacted by elevated levels of volatility in investment markets.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인