AIICO Declares N1.9bn PAT in Q1 2020 Results,(SP:N0.93k)


Thursday, May 14, 2020 / 1:44 PM / By NSE / Header Image Credit: Aiico Insurance

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 also grew by 0.1% to N28.94bn from N28.91bn.

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