Mutual Benefits Assurance Declares N2bn Loss in Q1 2021 Unaudited Results, (SP:N0.46k)

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Thursday, June 17 2021  / 06:48 PM / by NGX / Header Image Credit: The Guardian


Mutual Benefits Assurance Plc released its Q1 2021 Unaudited results for the period ended March 31st, 2021


Key Highlights

  • Gross Premium grew by 45% to N8.1bn from N5.6bn in the previous quarter.

  • Loss before tax stood at N1.9bn.

  • Loss after tax stood at N2bn.

  • Net Assets declined by -8% from N24.6bn to N22.7bn.


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