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BUSINESS TODAY 14 April 2022

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Invest. commission-free. Offer is for a limited time only. Terms & Conditions Apply. MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). 2557 4400 info@medirect.com.mt Ready to get started? €1.50 THURSDAY 14 APRIL 2022 • ISSUE 151 WWW.BUSINESSTODAY.COM.MT INTERVIEW PAGES 10 & 11 PAGE 5 PAGE 3 LifeStar Insurance sees huge rise in 2021 profits as income almost doubles MeDirect's customer base up 37% in 2021 to 102,000 GO Ventures top investor in gigify.mt STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 13 Apr 2022 Number of Trades: 65 Turnover: €395,632.16 MSE TRX Index: 7,613.852 (Change: 0.069%) Name 3.65% IHI PLC MT0000111337 - Currency € Last Traded 13 Apr, 2022 Price 98.900 Change 2.900 US Dollar 1.0855 British Pound: 0.83195 Japanese Yen: 136.45 Australian Dollar: 1.4635 Swiss Franc: 1.0139 7,575.54 -1.12 7,597.85 / 7,550.94 Value Net variation High / Low 0.02% PAUL COCKS LIFESTAR Insurance recorded a pre-tax profit of €1.4 million in 2021 and generated a total comprehensive income for the year of €2.6 million, according to the company's financial statements. e company generated €0.6 mil- lion in comprehensive income in 2020 and recorded a loss before tax of €0.4 million. In 2021, LifeStar Insurance's as- sets increased by six per cent, up to €172m, equity was up to €32m and consolidated profits before tax rose by 40 per cent. e company also registered a 10 per cent rise in premiums, now standing at 22.3m, and now serves over 40,000 customers

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