Mutual Benefits Assurance Plc released its full-year results for the year ended 31st of December, 2020.
- Net premium income was N16.08 billion. (+5% YoY)
- Net benefits and claims of N7.9 billion. (+35% YoY)
- Underwriting profit was N3.7 billion. (-32% YoY)
- Profit for the year was N5.11 billion. (+41% YoY)
- Earnings per share of 46 kobo Vs 36 kobo YoY.
- Total shareholders’ fund was N23.35 billion. (+74% YoY)
- No dividend announcement was made.
See link to results.