The insurer advances for the second consecutive quarter.
Higher interest rates and credit spreads in Q2 blamed for some of the losses.
This is slightly higher than the insurer’s net income of $32 million recorded in the second quarter of 2021.
Regulator issues compliance order, reduces planned $100,000 penalty after company disputes allegations.
The insurer is now a minority shareholder of the investment fund trading platform.
The insurer pins this drop on two factors.
The US group wants to expand its digital solutions portfolio.