By NEIL HARTNELL

Tribune Business Editor

FAMGUARD Corporation yesterday unveiled a 175.8 per cent in 2011 second quarter net profits to $1.579 million, its chairman expressing confidence that the company's premiums receivable balance would "improve in the coming months".

The BISX-listed holding company for Family Guardian, the life and health insurer, saw its bottom line performance for the half-year and three months to end-June 30 driven by top-line and total income growth, which outpaced the increase in total expenses.

Norbert Boissiere, FamGuard's chairman, indicated that several strategies implemented by the company, including the repricing of its group health portfolio ...

Click here to read more at The Tribune