2021 Half Year Results: AIICO Insurance records a 14% increase in profit to N3.25 billion

AIICO Insurance Plc released its unaudited financial results for the period ended June 30, 2021.

  • Gross premium written was N37.48 billion. (+17% YoY)
  • Net premium income of N29.17 billion. (+21% YoY)
  • Net claim expenses of N20.94 billion (+45% YoY)
  • Profit for the period was N3.25 billion.(+14% YoY)
  • Earnings per share of 6 kobo Vs 40 kobo YoY.
  • Total shareholders fund for the period was N35.83 billion.

See link to results.

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