Coronation Insurance records N11.51bn H1 gross premium

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Coronation Insurance Plc recorded N11.51bn gross premium in the first half of 2022 financial period from N8.31bn recorded in the corresponding period of 2021.

The Group’s assets rose to N43.99bn in the first half of 2022 from N39.8bn in same period of 2021.

According to the report, the company recorded a half year gross premium written of N7.69bn from N4.9bn in same period of 2021.Net income for the company was N2.84bn from N1.69bn, while operating profit was N779.15m from a loss position of N61.14m.According to the report, the company’s total assets rose to N34.08bn in the first half of 2022 from N29.79bn in the corresponding period of 2021.All rights reserved.

 

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