Guinea Insurance Plc reports loss of N90.59 million in HY 2021.

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

  • Gross premium written for the period was N807.8 million. (+57.03% YoY)
  • Net premium income of N433.7 million. (+16.1% YoY)
  • Claims expenses totalled N70.4 million. (-29.8% YoY)
  • Insurance contract liabilities totalled N1.06 billion. (+17.9% YoY)
  • Loss for the period was N90.59 million
  • Total assets during the period stood at N3.7 billion.

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