Coronation Insurance profit dip by 20% to N796.5 million in half year 2021.

Coronation Insurance Plc released its unaudited financial statements for the period ended June 30, 2021.

• Gross premium written for the period was N10.8 billion. (+33.9% YoY)
• Fees and commission income of N1.14 billion. (+63.8% YoY)
• Total gross claims paid during the period were N2.28 billion. (+10% YoY)
• Underwriting profit was N2.52 billion. (+394.8% YoY)
• Personnel expenses totalled N931.65 million. (+5.8% YoY)
• Profit for the period was N796.5 million. (-20.4% YoY)

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