Fidelity embarks on asset separation

Fidelity Life Assurance’s profit for the three months to March 31, 2026, reached US$2,95 million

FIDELITY Life Assurance (FLA) has begun to transfer shareholder assets to policyholders in line with the regulatory asset separation exercise.In July this year, the company indicated that the asset separation implementation plan had been approved by the regulator, the Insurance and Pensions Commission (IPEC), based on submissions that underwent thorough actuarial review and independent assessments…

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