AIICO Insurance Plc released its full-year results for the year ended December 2020.
- Net Premium Income of N52.79 billion. (+21% YoY)
- Net claims incurred was N31.66 billion. (+25% YoY)
- The Company reported an Underwriting loss of N35.44 billion.
- Profit before tax was N6.27 billion. (+5% YoY)
- Earnings per share 43 kobo vs 83 kobo. (-48% YoY)
- The shareholders’ fund of the company was N35.25 billion (+27% YoY)
See link to results