Sovereign Trust Insurance Plc released its earnings forecasts for the fourth quarter of the year (Q4, 2021).
- Gross premium written was projected at N12.6 billion.
- Net claims incurred was projected at N2.75 billion
- Total underwriting expenses projection of N2.03 billion.
- Underwriting profit was projected at N2.69 billion
- Management expenses was projected at N2 billion
- Profit before tax was projected at N1.27 billion.
See link to forecasts.