CHI Plc projects N484 million profit for Q2 2021.

Consolidated Hallmark Insurance Plc has released its earnings forecasts for the second quarter of 2021.

  • Net premium income is projected at N4.09 billion.
  • Net claims is projected at N1.64 billion.
  • Underwriting expenses is projected at N1.27 billion.
  • Profit before tax is projected at N577 million.
  • Tax is projected at N93.32 million.
  • Profit after tax is projected at N484.69 million.

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Royal Exchange Plc projects N570.92 million profit in Q2 2021.

Royal Exchange Plc has released its earnings forecasts for the second quarter of 2021.

  • Net Premium Income is projected at N5.97 billion.
  • Total underwriting expenses is projected at N4.57 billion.
  • Underwriting profit is projected at N2.05 billion.
  • Total operating expenses is projected at N2.09 billion.
  • Profit before tax is projected at N839.9 million.
  • Profit after tax is projected at N570.92 million.

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AXA Mansard Plc projects profit before tax of N3.8 billion in Q2 2021

AXA Mansard Insurance Plc has released its earnings forecasts for the second quarter of 2021.

  • Net Premium Income is projected at N18.43 billion.
  • Net claims are projected at N11.59 billion.
  • Underwriting profit is projected at N5.4 billion.
  • Profit before tax is projected at N3.82 billion.
  • Taxation is projected at N875.42 million.
  • Profit after tax is projected at N2.94 billion.

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NEM Insurance projects N1.71 billion profit for Q2 2021.

NEM Insurance Plc has released its earnings forecasts for the second quarter of 2021.

  • Net Premium Income is projected at N10.43 billion.
  • Total claims is projected at N3.58 billion.
  • Reinsurance expenses is projected at N4.22 billion.
  • Underwriting profit is projected at N4.15 billion.
  • Profit before tax is projected at N2.76 billion.
  • Profit after tax is projected at N1.71 billion.

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AIICO Insurance Plc projects N1.28 billion profit after tax for Q2 2021.

AIICO Insurance Plc has released its earnings forecasts for the second quarter of 2021.

  • Net Premium Income is projected at N27.8 billion.
  • Net claims is projected at N19.35 billion.
  • Total underwriting costs is projected at N29.3 billion.
  • An underwriting loss of N767.11 million is projected for the period under review.
  • Profit before tax is projected at N1.3 billion.
  • Profit after tax is projected at N1.28 billion.

See link to forecasts.