BUSINESS
LASACO’s Profit Drops By 46.79% In Nine Months 2021

LASACO Assurance Plc, a major player in the Nigerian insurance sector has released its financial statement for the period ended 30th September, 2021 with 46.79% drop in profit after tax to N458.976 million from N862.548 million in 2020.
The profit decline was in spite of improvement in gross premium to N11.96 billion from N10.10 billion in 2020.