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Nairametrics
Home Markets Equities Company Results

2021 Half Year Results: AIICO Insurance records a 14% increase in profit to N3.25 billion

Chidi Emenike by Chidi Emenike
July 30, 2021
in Company Results, Markets
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AIICO Insurance Plc released its unaudited financial results for the period ended June 30, 2021.

  • Gross premium written was N37.48 billion. (+17% YoY)
  • Net premium income of N29.17 billion. (+21% YoY)
  • Net claim expenses of N20.94 billion (+45% YoY)
  • Profit for the period was N3.25 billion.(+14% YoY)
  • Earnings per share of 6 kobo Vs 40 kobo YoY.
  • Total shareholders fund for the period was N35.83 billion.

See link to results.

Tags: AIICO InsuranceAIICO Insurance - FinancialsCompany Financial Results
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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