The company published its quarterly results on May 9.

Firm says it is close to becoming a top five player among independently owned MGAs.

Interest rates boost sales of group annuities.

Simplicity plus convenience equal sales success.

Approximately 16,000 accounts to be transferred upon transaction’s completion.

Recent deterioration has negative impact on earnings; capital levels not affected.

Premiums and deposits increased by 8 per cent in 2023 compared to the previous year.