Insurer Phoenix sees upbeat performance on demand


FE Team | Published: August 15, 2022 23:55:14


Insurer Phoenix sees upbeat performance on demand


Phoenix Group on Monday forecast annual cash generation at the top end of its expectations, as robust demand in pension-related policies and higher interest rates helped the insurer post a modestly better-than-expected half-year profit, reports Reuters.
Insurers across the board have recovered ground since 2021 after being hit by tepid business and pandemic-induced market volatility.

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