Cornerstone Insurance underwriting performance deteriorates, Posts N2.11bn loss in Q3

Cornerstone Insurance underwriting performance deteriorates, Posts N2.11bn loss in Q3

Cornerstone Insurance Plc’s underwriting performance continues to deteriorate on the back of rising combined ratios (CR) as the Nigerian insurer recorded a loss in the third quarter. For the first nine months through September 2017, Cornerstone Insurance posted a loss after tax of N2.11 billion from a loss position of N435.83 million the previous year….

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