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Nairametrics
Home Markets Equities Company Results

Cornerstone Insurance forecasts N417.3 million PAT in Q4 2021.

Chidi Emenike by Chidi Emenike
September 7, 2021
in Company Results, Markets
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Cornerstone Insurance Plc released its earnings forecasts for the fourth quarter of the year (Q4, 2021).

  • Gross premium income is expected to hit N5.5 billion
  • Net claims expense projection of N989.6 million.
  • Net operating income is expected to hit N1.8 billion.
  • Operating expenses projection of N929.3 million
  • Tax is projected at N178.9 million
  • Profit after tax is projected at N417.3 million

See link to results.

Tags: Company forecastsCornerstone InsuranceCornerstone Insurance - Financials
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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