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


Tuesday, August 11 2020 / 6:25 PM / by NSE / Header Image Credit: Business Today

AIICO Insurance Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Gross Premium grew by 22.5% to N17.6bn from N14.3bn in the previous quarter.

  • Profit before tax grew by 23.7% to N1.4bn.

  • Profit after tax grew by 82.8% to N1.9bn.

  • Net Assets grew by 0.1% from N28.91bn to N28.94bn.

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