NU Online News Service, April 29, 2004, 5:43 p.m. EDT – Improving bond quality and gains on derivatives helped FBL Financial Group Inc., West Des Moines, Iowa, overcome low interest rates in the first quarter.[@@]
The parent of Farm Bureau Life Insurance Company is reporting $13.2 million in net income for the quarter on $163.4 million in revenue, up from $11.9 million in net income on $143.3 million in revenue for the first quarter of 2003.