NEM Insurance projects N1.71 billion profit for Q2 2021.

NEM Insurance Plc has released its earnings forecasts for the second quarter of 2021.

• Net Premium Income is projected at N10.43 billion.
• Total claims is projected at N3.58 billion.
• Reinsurance expenses is projected at N4.22 billion.
• Underwriting profit is projected at N4.15 billion.
• Profit before tax is projected at N2.76 billion.
• Profit after tax is projected at N1.71 billion.

See link to forecasts.

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