AIICO Insurance Plc projects N1.28 billion profit after tax for Q2 2021.

AIICO Insurance Plc has released its earnings forecasts for the second quarter of 2021.

• Net Premium Income is projected at N27.8 billion.
• Net claims is projected at N19.35 billion.
• Total underwriting costs is projected at N29.3 billion.
• An underwriting loss of N767.11 million is projected for the period under review.
• Profit before tax is projected at N1.3 billion.
• Profit after tax is projected at N1.28 billion.

See link to forecasts.