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Home Markets Equities Company Results

African Alliance Insurance Plc reports a loss of N3.53billion in Q1 2021.

Chidi Emenike by Chidi Emenike
September 30, 2021
in Company Results, Markets
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African Alliance Insurance Plc released its unaudited financial results for the period ended 31st of March, 2021.

  • Net premium income for the period was N1.95 billion. (+12.9% YoY)
  • Fees and commission income of N22.05 million. (+100% YoY)
  • Net underwriting loss of N153.4 million.
  • Total assets during the period stood at N52.14 billion.
  • Loss for the period was N3.53 billion.

See link to results.

Tags: Africa Alliance Insurance PlcCompany 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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