Equity Assurance released its financial results for the nine months ended September 30, 2015.
The result showed Gross Premium written reduced by 14% from N3.9 billion in Q3’2014 to N3.3 billion in Q3’2015.
The company also made a loss before tax of N484 million , a 287% rise from its Q3’2014 result.
See Summary of result below..
|EQUITY ASSURANCE Q3 2015||N’m||N’m|
|Other Income & Investment Income||518||239||117%|
|Loss Before Tax||-484||-125||287%|
|Loss After Tax||-543||-209||160%|
|Share Price(As at Press time)||N0.50|