FMHL investment income up 1 000 percent

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FIRST Mutual Holdings Limited (FMHL)’s investment income rose to $65 million for the five months to May 2019, a 1 000 percent increase from $5,5 million recorded last year. Douglas Hoto, FMHL’s group chief executive, attributed the massive increase to investments made in offshore markets in a bid to mitigate domestic risk as the country’s…