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Crown Life Reports Lower Net Income

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NU Online News Service, Nov. 15, 2:02 p.m. – Crown Life Insurance Company, Regina, Saskatchewan, is reporting the equivalent of $5.8 million in net income in U.S. currency for the third quarter on $20 million in revenue, compared with $6.2 million in net income on $23 million in revenue for the third quarter of 2000

The figures are based on an exchanged rate of $1=1.58 Canadian dollars for the 2001 figures, and $1=1.5 Canadian dollars for the 2000 figures.