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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.

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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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