The Group’s Profit Attributable to Shareholders increased by 124%, which was due to
higher Non-Operating Profit and Profit from Shareholders’ Fund. The higher profit
was due to higher valuation of the investments as a result of favourable financial
market conditions. Operating Profit from Insurance Business for the quarter was
$150.0 million, 8% lower than the same quarter last year.
Going sideways on the chart.
US inflation looks poised to rise in the future.
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The latest 1-year inflation expectation had spiked to 3.8%.
This spike could be caused by the Iran war and the US consumers were
expecting higher inflatio...
2 hours ago


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