WorldStage Newsonline– Sovereign Trust Insurance Plc, a leading insurance firm in Nigeria has released profit forecast for the third quarter 2020 with a profit before tax projection of N1.143 billion compare with N819 million in the entire 2019 financial year.
The forecast released at the Nigerian Stock Exchange on Thursday showed gross premium written for Q3 2020 as N10.387 billion compare with N10.8 billion in 2019.
Sovereign Trust commenced business in January 1995 following the restructuring and recapitalization of the then Grand Union assurances Limited.
