
Momentum lifts earnings as new business volumes rise across key divisions
Broad-based earnings growth was accompanied by tighter new business margins as the group contended with product-mix pressure across parts of the business.

Broad-based earnings growth was accompanied by tighter new business margins as the group contended with product-mix pressure across parts of the business.

The reduction in the number of tied agents knocked recurring-premium sales, the group says in a trading update.

And Momentum Insure takes a knock from the higher cost and the increased frequency of claims.