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Coronation lnsurance Records 79.4% Rise In PAT Q1 2021

by Bisi Bamishe
June 27, 2021
in Uncategorized
Coronation lnsurance Records 79.4% Rise In PAT Q1 2021

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Coronation Insurance Plc has recorded that its Profit after tax rose by 79.44% in first quarter period ended 31 March 2021.

The insurer disclosed this when it released it’s unaudited interim financial statements to the Nigeria Exchange Group  that the company’s Profit After Tax (PAT) increased from N361.255 million in Q1 2020 to N648.242 million in Q1 2021.

Coronation Insurance also announced a growth of N5.228 billion in it’s gross written premium for Q1 period ended 31 March 2021.

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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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