WorldStage newsonline– NEM Insurance Plc, a major player in the insurance sector has released its financial result for the period ended September 30, 2020 with 25% rise in gross premiums written to N5.783 billion in Q3 from N4.626 billion in Q3 2019.
The gross premiums for nine months rose to N18.769 billion from N16.405 billion in 2019.
The company returned to a profit after tax of N446.595 million in Q3 2020 from a loss N429.060 million in 2019.
However, profit for nine months 2020 dropped to N1.117 billion from N2.041 billion in 2019.
