Mutual Benefits Assurance slips into N1.975b loss in Q1 2021 despite 45.47% growth in premium

WorldStage Newsonline– Mutual Benefits Assurance Plc, a major player in Nigeria’s insurance sector has released its consolidated and separate statement of profit or loss for the first quarter ended 31st March 2021with group gross premium written  growth by 45.47% to N8.112 billion from N5.577 billion in Q1 2020.

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NEM Insurance forecasts 51.19% profit growth to N3.6b in Q3 2021

WorldStage Newsonline– NEM Insurance Plc, a major player in Nigeria’s insurance sector which started business in the country in 1948 through the agency of Edward Turner & Co has released a its financial forecast for the third quarter period ending 30th September 2021 with a projected profit after tax of N3.553 billion which is 51.19% improvement over N2.350 billion projected for Q2 2021.

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