UNIVINSURE Declares N1.1bn PAT in Q4 2020 Result, (SP:N0.20k)


Thursday, February 18, 2021  / 4:46PM / By NSE / Header Image Credit: Invest Advocate

Universal Insurance Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.

Key Highlights

  • Gross Premium grew by 81% to N3.4bn from N1.9bn in the previous quarter.

  • Profit before tax stood at N1.2bn.

  • Profit after tax grew by 221% to N1.1bn.

  • Net Assets grew by 13.6% from N8.4bn to N9.5bn.

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