NSIA’s underwriting profit slumps on weak premium income

by | January 4, 2018 12:59 am

NSIA insurance Plc has been hit by weak premium income, resulting in drop in underwriting profit as rising management expenses continues to erode profitability. For the year ended December 2016, NSIA’ underwriting profit dipped by 42.41 percent to N956 million as against N1.66 billion the previous year. The receding underwriting profit was due to a…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe
Tags: ,