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Nairametrics
Home Markets Equities Company Results

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

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 15, 2021
in Company Results, Markets
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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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Tags: Company Financial ResultsNEM InsuranceNEM Insurance - Financials
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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