AFRINSURE Declares N1.87 bn Loss in Q3 2019 Results,(SP:N0.20k)


Friday, November 01, 2019  /12:33 PM / By NSE / Header Image Credit: African Alliance

African Alliance Insurance Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.

Key Highlights

Gross Premium written grew by 54.2% to N6.2bn from N4.0bn in the previous quarter.

Loss before tax stood at 1.7bn.

Loss after tax stood at 1.9bn.

Net Assets also stood at -5.6bn as at September 30, 2019.

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