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Nairametrics
Home Markets Equities Company Results

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

Chidi Emenike by Chidi Emenike
April 20, 2021
in Company Results, Markets
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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.


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Tags: Company Financial ResultsGuinea Insurance Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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Comments 0

  1. Muhammed ALiyu says:
    April 20, 2021 at 11:33 pm

    My na is Muhammed AlIYU I am a business man

    Reply
  2. Muhammed ALiyu says:
    April 20, 2021 at 11:33 pm

    My na is Muhammed AlIYU I am a business man

    Reply

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