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[Corporate Action] Law Union Insurance Profits rise 300% in 2015 H1

Law Union & Rock Insurance reported its 2015 H1 results showing pre-tax profits rose 302% to N510,378 million. The Profit after tax also rose 301% from N108m to N433million. See Summary of result below… Law Union & Rock Insurance N’m N’m Insurance 2015 2014 Net Premium 1,336 1,168 14% Underwriting Profits 783 478 64% Other Income & […]

[Corporate Action] Law Union Insurance Profits rise 300% in 2015 H1

Law Union & Rock Insurance reported its 2015 H1 results showing pre-tax profits rose 302% to N510,378 million.

The Profit after tax also rose 301% from N108m to N433million. See Summary of result below…

Law Union & Rock Insurance N’m N’m
Insurance 2015 2014
Net Premium 1,336 1,168 14%
Underwriting Profits 783 478 64%
Other Income & Investment Income 186 164 13%
Operating Expenses -498 -532 -6%
Pre-tax profits 510 127 302%
Profit After Tax 433 108 301%
Current Share Price 0.50




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