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[Corporate Action] Law Union Insurance Profits rise 300% in 2015 H1

Research Team by Research Team
August 4, 2015
in Uncategorized
[Corporate Action] Law Union Insurance Profits rise 300% in 2015 H1
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Law Union & Rock Insurance reported its 2015 H1 results showing pre-tax profits rose 302% to N510,378 million.

The Profit after tax also rose 301% from N108m to N433million. See Summary of result below…

Law Union & Rock InsuranceN’mN’m
Insurance20152014
Net Premium1,3361,16814%
Underwriting Profits78347864%
Other Income & Investment Income18616413%
Operating Expenses-498-532-6%
Pre-tax profits510127302%
Profit After Tax433108301%
Current Share Price0.50
Tags: Financial ServicesNigerian Company Results
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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