AIICO Insurance Plc released its unaudited results for the first quarter of the year (Q1, 2021).
- Net premium income for the period was N14.19 billion. (+7% YoY)
- Net claim expenses of N10.98 billion. (-42% YoY)
- Underwriting profit of N27.7 billion was recorded. (+21,239% YoY)
- Profit for the year was N1.51 billion. (-19% YoY)
- Earnings per share of 10 kobo Vs 27 kobo YoY
See link to results.