Cornerstone Insurance forecasts N417.3 million PAT in Q4 2021.

Cornerstone Insurance Plc released its earnings forecasts for the fourth quarter of the year (Q4, 2021).

  • Gross premium income is expected to hit N5.5 billion
  • Net claims expense projection of N989.6 million.
  • Net operating income is expected to hit N1.8 billion.
  • Operating expenses projection of N929.3 million
  • Tax is projected at N178.9 million
  • Profit after tax is projected at N417.3 million

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