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Cornerstone Insurance Records 34.74% Increase In Premium

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BY NKECHI NAECHE-ESEZOBOR–Cornerstone Insurance Plc has released its unaudited financial statement for the period ended 31 December 2020 with 34.74% increase in gross premium written from N13.059 billion in 2019 to N17.596 billion.

Despite the increase, however, the group profit for the year dropped to N1.597 billion from N4.109 billion in 2019, representing a drop of 61.14%.

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