BUSINESS

AIICO Experiences 69% Drop In Income To N1.372bn In Q3 2021

 

AIICO Insurance Plc, a major player in Nigeria’s insurance sector has released its unaudited interim report and financial statements for the period ended 30 September 2021with 69% drop in total comprehensive income for the period to N1.372 billion from N4.436 billion in 2020.

The profit drop was despite 16% rise in gross premium written to N54.674 billion from N47.194 billion in 2020.

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