Cornerstone Insurance Plc released its unaudited results for the first quarter of the year (Q1, 2021).
- Net premium earned during the period was N2.82 billion. (+97.7% YoY)
- Total claims paid during the period was N1.3 billion (+20.01% YoY)
- Underwriting profit of N1.49 billion. (+566.6% YoY)
- Personnel expenses totalled N598.25 million. (+33.3% YoY)
- Profit after tax was N658.15 million. (+38.5% YoY)
See link to results.