AIICO Declares N5.9bn PAT in 2019 Audited Results;(SP:N0.86K)

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Thursday, May 07, 2020 / 2:07 PM / by NSE / Header Image Credit: Aiico Insurance


AIICO Insurance Plc released its 2019 Audited results for the period ended December 31st, 2019.


Key Highlights

  • Gross Premium grew by 33.1% to N50bn from N38bn in the previous quarter.

  • Profit before tax grew by 78.3% to N6.2bn.

  • Profit after tax grew by 87.5% to N5.9bn. 

  • Net Assets also grew by 89.3% to N28.9bn from N15.3bn.

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