NIGERINS Declares N34.273m PAT in Q1'19 Results,(SP:N0.20k)


Tuesday, September 24, 2019 / 02:08 PM /NSE

Niger Insurance Plc released its Unaudited first quarter results for the period ended March 31, 2019.


Key Highlights

Gross Premium Written declined by -45.3% to N708.132m  from N1.29bn in the previous quarter.

Profit Before Tax declined by 62.5% to N35.28m.

Profit After Tax declined by 59.3% to N34.273m.

Net Assets also grew by 7.9% to N8.86bn from N8.21bn as at December 31, 2018. 

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