Guardian Life Limited is reporting that it recorded $7.9 billion in net profit last year, a 15% increase over 2018.

This represented the company’s highest profit in its 20 year history.

President of Guardian Life Limited Eric Hosin says Net Premium Income of $13.8 billion, excluding deposits invested in the unit-linked policyholders’ Funds, grew by eight per cent with a five year Compound Average Growth Rate of 15%.

The company’s asset base of $86.9 billion also increased by $8.7 billion or 11% at the end of 2019.

http://rjrnewsonline.com/business/guardian-life-sees-records-profit-for-2019