BY NKECHI NAECHE-ESEZOBOR–Nigeria’s lead underwriter, AIICO Insurance Plc has released its report and accounts for the year ended 31 December 2020 with profit growth of 17 %.
This is contained in a notice to Nigerian Stock Exchange (NSE), that its profit for the 2020 grew from N5.719 billion in 2019 to N6.707 billion in 2020.
The underwriter added that gross premium written rose to N62.010 billion from N50.138 billion in 2019; representing a growth of 24 percent.
