MBENEFIT Declares N2.7bn PAT in 2019 Q4 Unaudited Results,(SP:N0.2k)


Wednesday, February 04, 2020 / 10.00AM / NSE / Header Image Credit: Mutual Benefit Assurance Plc

Mutual Benefit Assurance Plc released its Q4 Unaudited 2019 results for the period ended December 31st, 2019.

Key Highlights

Gross Premium Written grew by 18.04% to N18.7bn from N15.8bn in the previous quarter.

Profit before tax grew by 170.56% to N3.7bn.

Profit after tax grew by 131.56% to N2.7bn.

Net Assets also grew by 41.4% to N12.6bn from N8.9bn.


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