Principal Financial Q3 profit rises on higher premiums and investment income

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Explore stories from Atlantic Canada.

- Principal Financial Group posted a rise in third-quarter profit on Thursday, helped by higher premiums and income from investments.Net investment income came in at $989.2 million, up from $911.7 million in the year-ago period.

Principal Financial's AUM for the quarter ended Sept. 30 stood at $650.6 billion, up from $607.8 billion last year. On an adjusted basis, net income attributable to Principal Financial was $544.4 million, or $2.23 per share, up from $395.9 million, or $1.57 per share last year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines