2021 Half Year Results: CHI Plc grows profit by 48% to N436.5 million.

Consolidated Hallmark Insurance Plc released its unaudited financial results for the period ended June 30, 2021.

• Gross premium written for the period was N6.09 billion. (+14.1% YoY)
• Net premium income of N3.3 billion. (+13.45% YoY)
• Claims incurred totalled N1.03 billion. (+3.6% YoY)
• An underwriting profit of N1.28 billion was recorded. (+15.6% YoY)
• Profit after tax for the period was N436.5 million. (+47.7% YoY)
• Earnings per share of 5.37kobo Vs 3.34 kobo YoY

See link to results.