Linkage Assurance released its financial results for the nine months ended 30 September 2015.

The result showed that Gross Premium grew by 18% from N2.5 billion in Q3’2015 to N3 billion in Q3’2015.

Underwriting Profits however dropped by 47% from N721 million in 2014 to N383 million in 2015.

See Summary of result below..

Linkage Assurance Q3 2015 N’m N’m
30-Jun-15 30-Jun-14
Gross Premium 3,060 2,596 18%
Underwriting Profits 383 721 -47%
Other Income & Investment Income 1,201 816 47%
Operating Expenses -770 -693 11%
Pre-tax profits 814 844 -4%
Profit After Tax 651 675 -4%
Share Price(As at Press time)  0.50

DOWNLOAD RESULT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.