NEM Insurance projects N1.71 billion profit for Q2 2021.

NEM Insurance Plc has released its earnings forecasts for the second quarter of 2021.

  • Net Premium Income is projected at N10.43 billion.
  • Total claims is projected at N3.58 billion.
  • Reinsurance expenses is projected at N4.22 billion.
  • Underwriting profit is projected at N4.15 billion.
  • Profit before tax is projected at N2.76 billion.
  • Profit after tax is projected at N1.71 billion.

See link to forecasts.


Leave a Reply

Your email address will not be published. Required fields are marked *