Friday, September 26, 2025
24.1 C
Lagos

Royal Exchange: N11bn Premium Drop in 9 Months, N356m Loss in Qtr 3

Royal Exchange Plc has reported N11 billion drop in Gross Premium Written (GPW) in the first nine months of 2021 from N13. 725 billion in 2020 to N2.211 billion as at September 30, 2021.
The company also reported Group loss after taxation of N536.025 million in nine months from a profit level of N565.662 million recorded in the same period of 2020.
And for the three months ended 30 September 2021, the Group loss came to N355.938 million from a profit of N145.587 million in third quarter of 2020.

spot_img
spot_img

Hot this week

AMCON Sells 34% Stake in Unity Bank to Providus Bank Ahead of Merger

The Asset Management Corporation of Nigeria (AMCON) has sold...

NCDMB ES: African Nations Must Collaborate to Develop Oil Sector

Close partnership and collaboration among African oil and gas...

NCDMB Boss Commends West African Ventures, Seeks Investment in Deepwater Operations

The Executive Secretary of the Nigerian Content Development and...

Ecobank Design & Build Expo: Global & Local Giants to Showcase Cutting-Edge Products in Lagos

Leading global and local brands in the building, design,...

Fidelity FNITCC Confab: Atlanta Mayor Highlights Economic Ties with Africa

L – R: Managing Director/Chief Executive Officer, Fidelity Bank...

Topics

Societe Generale Unveils Growth Strategy in Africa Plan

During a press trip to Dakar, Senegal, the Societe...

Win it Like Buhari: 5 Start-up Lessons to Take Away from Nigerian Elections

March 28 was a historic date in Nigeria's history as it marked the first time the opposition defeated the ruling party in democratic elections in Africa's most populous country and biggest economy. Muhammadu Buhari, a former military leader who had ruled Nigeria for a 20-month period in the early 1980s, campaigned as a born-again democrat and saw the tide of public opinion turn in his favor. Here, CNN's African Start-Up examines Buhari's campaign strategy and reveals the key business lessons entrepreneurs can adapt for startup success.

NAICOM Insurance Academy Set for 3rd Qtr Take-Off

Mr. O. S. Thomas Commissioner for Insurance/CEO National Insurance Commission The National...

Linkage Assurance Promises Stronger Performance, Returns to Shareholders

L-R: Mr. Okanlawon Adelagun, Executive Director; Mr. Olakunle Agbebi,...

EZ37 Solutions to Hold International Conference on Coaching for Sustainable Impact

EZ37 Solutions Limited, a leading human resource and management consulting...

How to Influence people with new fashion trends

Elementum nulla turpis cursus. Integer liberos kusto euismod aene pretium faucibus ...

‘Unity Bank Yanga Product Positioned to Empower Underbanked Women Entrepreneurs’ – Olufunwa Akinmade

Olufunwa Akinmade Divisional Head, Retail, SME Banking and E-Business Unity Bank...

What About Cuba as an Insurance Market?

There may be opportunities for some businesses including insurers...
spot_img

Related Articles

Popular Categories

spot_imgspot_img