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AUSTRALIA'S PROMINA GROUP TO RELEASE CASH RESERVES IN FUTURE.
Publication: AsiaPulse News Publication Date: 28-FEB-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
SYDNEY, Feb 28 Asia Pulse - Promina Group Ltd (ASX:PMN) expects to release funds from cash reserves put away to pay future claims in coming years, after its 2005 insurance margin was helped by a total of $A116 million ($US85.41 million) worth of releases.
Chief financial officer Harold Bentley...
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