Universal Insurance posts N307.036m loss on rising claims expenses

by | December 7, 2017 2:09 am



Universal Insurance Nigeria Plc third quarter results have fallen short of analysts’ expectations as rising claims expenses tipped the underwriting firm into loss position. For the first nine months through September 2017, the underwriting firm recorded a loss after tax of N307.06 million from N91.90 million as at September 2016. The loss was due to…

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