Close

[Corporate Action] Continental Re-insurance Posts 13% Rise In PAT to N1.5 billion In Q3’2015

Continental Re-insurance released its financial results for the nine months ended 30 September 2015. The result showed that Gross Premium increased by 26% from N11.9 billion in Q3’2014 to N15.1 billion in Q3’2015. Pre-tax profits also rose by 23% from N1.6 billion in Q3’2014 to N2 billion in Q3’2015. See summary of result below.. Other […]

[Corporate Action] Continental Re-insurance Posts 13% Rise In PAT to N1.5 billion In Q3’2015

Continental Re-insurance released its financial results for the nine months ended 30 September 2015.

The result showed that Gross Premium increased by 26% from N11.9 billion in Q3’2014 to N15.1 billion in Q3’2015.

Pre-tax profits also rose by 23% from N1.6 billion in Q3’2014 to N2 billion in Q3’2015.

See summary of result below..

Continental Re-INSURANCE Q3 2015 N’m N’m
Sep-15 Sep-14 % Change
Gross Premium 15,109 11,987 26%
Underwriting Profits 1,276 1,016 26%
Other Income & Investment Income 409 119 244%
Operating Expenses -369 -245 51%
Pre-tax profits 2,072 1,691 23%
Profit After Tax 1,537 1,364 13%
Share Price(As at Press time)

DOWNLOAD RESULT





Warning: Undefined variable $post_id in /var/www/nairametrics/wp-content/themes/nairametrics/comments.php on line 134

Warning: Undefined variable $post_id in /var/www/nairametrics/wp-content/themes/nairametrics/comments.php on line 134

Leave a Reply

Your email address will not be published. Required fields are marked *