BIHL bullish about first half year performance :: Mmegi Online

After managing to negotiate its way past the financial crisis, diversified financial house Botswana Insurance Holdings Limited (BIHL) is bullish about its performance for the first half of this year following the successful restructuring of the BSE-listed blue chip firm.

In a trading update released on Wednesday, BIHL says it expects the 2010 first half results (June 2010) to be significantly higher than the prior year's comparative period, resulting from strong operational performance from both its life insurance and asset management businesses.

"The expected strong performance was boosted by a recovery in the equity markets, which has resulted in significant unrealised investment surpluses, as well as the contribution from the associated company (Legal Guard) which was acquired in the second half of 2009," reads a BIHL update.

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BIHL bullish about first half year performance

After managing to negotiate its way past the financial crisis, diversified financial house Botswana Insurance Holdings Limited (BIHL) is bullish about its performance for the first half of this year following the successful restructuring of the BSE-listed blue chip firm.

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