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Tower enjoy growth in Life Insurance

  • by The Quotesonline Team

TAL Group Ltd said demand for Life Insurance products has contributed to a 14% rise in underlying profit to $67.9 million for the financial period ending September 2008, despite the economic down turn.

The Australian life insurer is now ranked the 4th largest Life Insurance company with 11% market share.

TAL’s acquisition of InsuranceLine contributed  in the fast growing direct sales channel

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