Tag: Africa Alliance Insurance Plc

African Alliance Insurance Plc reports profit after tax of N5.05 billion in H1 2021.

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African Alliance Insurance Plc released its unaudited financial results for the period ended 30th of June, 2021.

  • Net premium income for the period was N3.22 billion. (+38.5% YoY)
  • Fees and commission income of N116.91 million. (+100% YoY)
  • Net underwriting profit of N11.07 billion. (+778% YoY)
  • Total assets during the period stood at N46.7 billion.
  • Profit after tax for the period was N5.05 billion.

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African Alliance Insurance Plc reports a loss of N3.53billion in Q1 2021.

Chidi Emenike Leave a comment

African Alliance Insurance Plc released its unaudited financial results for the period ended 31st of March, 2021.

  • Net premium income for the period was N1.95 billion. (+12.9% YoY)
  • Fees and commission income of N22.05 million. (+100% YoY)
  • Net underwriting loss of N153.4 million.
  • Total assets during the period stood at N52.14 billion.
  • Loss for the period was N3.53 billion.

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