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Sagicor Life Jamaica Limited Financial Results For The Quarter Ended Mar 31, 2009
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The SLJ Group produced net profit attributable to Owners of $1,443 million, 91%more than that recorded for the corresponding period in 2008. This outcome was generated from revenues of $6,406.2 million and represents earnings per share of 38 cents. Continuing high interest rates across all terms of the yield curve resulted in an unusual decrease in Insurance and Annuity actuarial liabilities of $585 million in the current period, and this had a favourable impact on earnings.
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