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Nairametrics
Home Markets Equities Company Results

AIICO Insurance Plc projects N1.28 billion profit after tax for Q2 2021.

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 15, 2021
in Company Results, Markets
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AIICO Insurance Plc has released its earnings forecasts for the second quarter of 2021.

  • Net Premium Income is projected at N27.8 billion.
  • Net claims is projected at N19.35 billion.
  • Total underwriting costs is projected at N29.3 billion.
  • An underwriting loss of N767.11 million is projected for the period under review.
  • Profit before tax is projected at N1.3 billion.
  • Profit after tax is projected at N1.28 billion.

See link to forecasts.


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Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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