Increased insurance and annuity premiums boost performance
(August 1 – 16:15 ET) – E-L Financial Corp. is reporting improved earnings for the for the first six months ending June 30. The financial holding company says net income was $33.8 million or $8.79 a share, vs $25.6 million or $6.67 a share for the comparable period last year.
Revenues from insurance premiums jumped to $420 million, up from $382 million a year ago. Annuity premiums were also higher, $44 million vs $38 million.
-IE Staff
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