Universal Insurance Plc posts profit after tax of N168.3 million in Q1 2021.

Universal Insurance Plc released its unaudited results for the period ended 31st of March, 2021. Gross premium for the period was N1.6 billion. (+17.83% YoY) Total claims paid was N55.4 million (+575.6% YoY) Underwriting profit was N531.4 million. (-6.1% YoY). Total expenses of N360.34 million. (+7.65% YoY) Profit after tax was N168.3 million. (+54.5% YoY) […]