US$ business boosts Fidelity’s H1

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FIDELITY Life Assurance (Fidelity) recorded a 163 percent surge in insurance contract revenue to $4,4 billion for the half year ended June 30, 2023, buoyed by the significant growth in new policies written and an increase in US dollar-denominated business. The revenue improvement is from last year’s comparative of $1,7 billion. This comes as the…