Tag: Gross Premium.

NEM Insurance Says 2015 Pretax Profit Decline 66.10%

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, NEM Insurance Plc on Monday said its 2015 pretax profit for the period ended December 31, 2015 declined 66.10 percent to N598.83 million from N1.766 billion recorded a year ago. Similarly, profit after tax (PAT) of the company dropped 53.21 percent to N713.70 from N1.525 billion […]

Law Union Says 2015 Pretax Profit up 26.43%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Law Union & Rock Insurance Plc said on Friday its pretax profit for the period ended December 31, 2015 climbed up 26.43 percent to N328.49 million from N259.83 million posted a year ago. In the same vein, profit after tax (PAT) grew significantly by […]

WAPIC Post N1.7 Billion Pretax Profit in 2015, Offers 3Kobo per Share Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Wapic Insurance Plc on Thursday said its 2015 audited year end pretax profit climbed up 2747.78 percent to N1.668 billion from N58.57 million recorded a year ago. Similarly, profit after tax (PAT) rose 447.64 percent to N1.29 billion N236.83 million declared in the same period of […]