The Markets Ledger

Fidelity rides demand for financial protection products

Fidelity Life Assurance (Fidelity) says rising geopolitical tensions and economic uncertainty are driving stronger demand for life insurance, pensions and funeral products as households seek greater financial security.

Fidelity accelerates digital drive

Fidelity Life Assurance says it is accelerating its digital transformation programme, including plans to deploy artificial intelligence (AI) and commission a new customer relationship management (CRM) system, as the insurer seeks to improve service delivery and expand access to financial services.

Persistent currency instability weighs on First Mutual

First Mutual Holdings (FMH) says ongoing currency instability and inflationary pressures continue to undermine confidence in long-term savings products, limiting demand for life assurance and investment-linked policies.

NicozDiamond reports steady growth

The business benefited from enhanced distribution efforts and strengthened client retention initiatives, which contributed to sustained topline momentum