2021 HY Results: Coronation Insurance profit after tax slump by 39.2% to N397.8 million

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

  • Net premium income for the period was N4.61 billion. (+26.4% YoY)
  • Fees and commission income of N434.98 million. (-57.9% YoY)
  • Total claims paid was N2.9 billion (+84.04% YoY)
  • Total underwriting profit of N892.05 million. (-55.1% YoY)
  • Profit after tax for the period was N397.8 million.(-39.2% YoY)
  • Earnings per share of 2 kobo Vs 2 kobo YoY.

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