Universal Insurance Plc released its unaudited results for the period ended 31st of March, 2021.
- Gross premium for the period was N1.6 billion. (+17.83% YoY)
- Total claims paid was N55.4 million (+575.6% YoY)
- Underwriting profit was N531.4 million. (-6.1% YoY).
- Total expenses of N360.34 million. (+7.65% YoY)
- Profit after tax was N168.3 million. (+54.5% YoY)
- Earnings per share of 1.1kobo Vs 2.3kobo YoY.
See link to results.