Financials
Financial Overview
In 2022 Financial Year, we generated a Gross Premium Written of ₦12.82 billion. The Net Underwriting Income grew from ₦6.57 billion in 2021 to ₦7.57 billion. We have also continued to keep our commitments to policyholders through prompt claims settlement as net claims paid increased to ₦2.59 billion from ₦2.28 billion. The company recorded a profit before tax of ₦1.40 billion in 2022 while profit for the year {after income tax expense} is ₦995.9 million.
