Irish Life & Permanent hit by US withdrawal

Irish Life & Permanent has revealed a 74% drop in profits after exiting its US operations and investing in its domestic business.

Irish Life & Permanent hit by US withdrawal
Wed, 06 Mar, 2002 - 12:44

Irish Life & Permanent has revealed a 74% drop in profits after exiting its US operations and investing in its domestic business.

Pre-tax profits fell to £48m (€78m) from £191m (€312m).

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CourtsHeathrowPlace: USPlace: UKPlace: IrelandPerson: David WentOrganisation: Irish Life & PermanentOrganisation: Irish LifeOrganisation: Interstate Assurance CompanyOrganisation: First Variable Life Insurance Company
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