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SUNU Assurance Forecast Reduction In PAT Q3 2021

by Bisi Bamishe
June 12, 2021
in Uncategorized
SUNU Assurance Replaces CFO, Company Secretary
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Bisi Bamishe

SUNU Assurances Nigeria Plc has reduced its projection for profit after tax to N168.597 million lower than N184.425 million the company projected in Q2.

The company also projected gross written premium of N3.81 billion, representing 42.12% growth over N2.68 billion generated in the same period of 2020.

Gross claims, according to the company as it relates to 2021 businesses were projected based on 5 years average loss ratio.

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Bisi Bamishe

Bisi Bamishe

I am a journalist with many years of experience in the field of Insurance and Pension. In 2003, I won Nigeria Media Merit Award of the IGI's Prize For Insurance Reporter of The Year

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