Corporate Results | |
Corporate Results | |
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Monday, June 3, 2019 12:59PM / NSE
African Alliance Insurance Plc released its 2018
Audited results.
Key Highlights
Gross Premium declined by 10.9% to N6.796bln from
N7.63bln in 2017.
LBT declined by 64% to N2.42bln.
Loss for the year therefore declined by 56.9% to
N2.697bln.
Net Assets grew by 520.9% to –N3.17bln from
-N511.18mln as at 31st December, 2017.
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