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Home Markets Equities Company Results

Sovereign Trust Insurance Plc projects profit before tax of N1.27 billion in Q4 2021.

Chidi Emenike by Chidi Emenike
June 22, 2021
in Company Results, Markets
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Sovereign Trust Insurance Plc released its earnings forecasts for the fourth quarter of the year (Q4, 2021).

  • Gross premium written was projected at N12.6 billion.
  • Net claims incurred was projected at N2.75 billion
  • Total underwriting expenses projection of N2.03 billion.
  • Underwriting profit was projected at N2.69 billion
  • Management expenses was projected at N2 billion
  • Profit before tax was projected at N1.27 billion.

See link to forecasts.

Tags: forecastsQ4 2021Sovereign Trust 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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