NIGERINS Declares N323.082m Loss in Q3 2019 Results,(SP:N0.20k)


Wednesday, October 30, 2019 / 12:05 PM / By NSE / Header Image Credit: Niger Insurance

Niger Insurance Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.

Key Highlights

Gross Premium declined by -50.8% to N1.5bn from N3bn in the previous quarter.

Loss before tax stood at N307.65m.

Loss after tax stood at N323.08m.

Net Assets also grew by 15.5% to N9.48bn from N8.2bn as at September 30, 2019.

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