2020 FY Results: Guinea Insurance Plc reports a loss of N227.7 million.

Guinea Insurance Plc released its full-year audited results for the year ended 31st of December, 2020.

• Net premium income for the year was N733.95 million. (-18.7% YoY)
• Total claims paid during the period was N155.2 million (-39.1% YoY)
• Underwriting profit was N374.1 million. (-13.8% YoY)
• Loss for the year was N227.7 million
• Loss per share of -4 kobo vs -13 kobo YoY.

See link to results.