Guinea Insurance Plc reports a loss of N142.13 million in 9M 2020.

Guinea Insurance Plc released its audited results for the nine months period ended September 30, 2020.

  • Net premium income of N557.13 million. (-13.2% YoY)
  • Total claims paid during the period was N176.57 million (+36.4% YoY)
  • Underwriting profit of N236.53 million. (-34.5% YoY)
  • Loss after tax for the period was N142.13 million
  • Loss per share of -2kobo Vs -12 kobo YoY.

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