WorldStage Newsonline– Niger Insurance Plc, a Nigerian firm which is into underwriting of life and general insurance business has released its statement of profit or loss and other comprehensive income for quarter ended 31st December, 2020 with a decline in gross premium written to N257.816 million from N342.832 million in Q4 2-19
The gross premium written for the full full year also dropped to N1.034 billion from N1.840 billion in 2019.
The insurer cut its loss after tax to N574.840 million in Q4 2020 from N1.355 billion loss in Q4 2019.
Loss after tax also dropped to N1.189 billion in full year 2020 from N1.652 billion in 2019.
