Prestige Assurance Plc grows half-year profit by 25% N776.5 million

Prestige Assurance Plc released its unaudited financial results for the period ended 30th of June, 2021.

• Gross premium for the period was N5.43 billion. (+38.9% YoY)
• Net premium income of N2.6 billion. (+34.8% YoY)
• Interest income was N371.3 million. (+59.4% YoY)
• Underwriting expenses totalled N2.26 billion. (+51.4% YoY)
• Profit for the period was N776.5 million. (+25.2% YoY)
• Earnings per share of 5.86 kobo Vs 4.68 kobo YoY.
• Total assets for the period stood at N19.42 billion. (+4.96% YoY)

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