AIICO Declares N1.9bn PAT in Q1 2020 Results, (SP:N0.90k)


Tuesday, August 11 2020 / 2:16 PM / by NSE / Header Image Credit: Aiico Insurance Plc

AIICO Insurance Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Gross Premium grew by 25.6% to N31.9bn from N25.4bn in the previous quarter.

  • Profit before tax declined by 28% to N2.2bn.

  • Profit after tax declined by 2.8% to N2.9bn.

  • Net Assets grew by 9.4% from N28.9bn to N31.6bn.

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