NIGERINS Declares N825.44mln PAT in 2018 Audited Results,(SP:N0.20k)


Tuesday, September 24, 2019 / 09:45 AM / NSE

Niger Insurance Plc released its Unaudited second quarter results for the period ended June 30, 2019.


Key Highlights

Gross Premium Written declined by -48.2% to N4.45bn from N8.58bn in the previous quarter.

Profit Before Tax declined by 171.9% to N661.31m.

Profit After Tax declined by 207.2% to N825.44m.

Net Assets also declined by 10.5% to N8.67bn from N7.84bn as at December 31, 2018.

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