has announced its audited financial results for the year ended 31st December 2021, recording a 75% growth in profit after tax of ₦1.13b compared to the ₦646m recorded in the corresponding period in 2020.
Investment income grew by 30% year-on-year due to a significant increase in the interest-generating assets of the company, and commission income also increased by 43% during the period. Prudential Zenith Life Insurance Ltd is a subsidiary of Prudential Plc., established in 2017 when Prudential Plc acquired a 51% holding in Zenith Life Insurance. PZL is one of the most capitalized companies in the Nigerian insurance industry with a wide range of individual products including savings and investments-linked products, endowment, and protection products designed to meet the needs of individuals and their families.
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