Resolution squeezing out the juice

Life assurance group Resolution said it is whipping its acquired businesses into shape and making good progress on its financial targets.

Life assurance group Resolution said it is whipping its acquired businesses into shape and making good progress on its financial targets.

The value of new business in the first quarter of 2012 was £35m, up 83% from the £19m achieved in the corresponding quarter of 2011. The new business cash strain, which covers front-loaded costs resulting from new business, was trimmed to £33m from £69m a year earlier.

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