Law Union & Rock Insurance released its Q3’2015 financial results.
The result showed that Gross Premium dropped by 9% from N3.5 billion in Q3’2014 to N3.2 billion in Q3’2015. Underwriting profits however rose by 59% from N686 million in Q3’2014 to N1 billion in Q3’2015.
See Summary of result below…
|EQUITY ASSURANCE Q3 2015||N’m||N’m|
|Other Income & Investment Income||303||247||23%|
|Profit After Tax||564||178||217%|
|Share Price(As at Press time)||N0.54|