Trinidad Express / Pan-American Life Insurance Group’s (PALIG) revenues topped US$1 billion for the first time in 2016, while operating earnings and net income grew more than 30 per cent versus the prior year, the company said in a media release. The insurance and financial services firm on March 1 announced financial results for the full year ending December 31, 2016. “For the first time in its history, PALIG saw revenue and total premium exceed US$1 billion. This reflects a 25.7 percent increase in revenue and a 17 percent increase in total premium.
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