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IEI Cuts Loss To N40.3m In 2019

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BY NKECHI NAECHE-ESEZOBOR–International Energy Insurance Plc, has announced that it was able to cut loss in Q1 2019 to N40.3m

According to the company,
Its loss for the period came down to N40.261 million from N67.777 million in Q1 2018.

The insurer disclosed this when it releases its first financial report since 2018.

In the financial statement for March 2019 released at the Nigerian Exchange Group its written premium depreciated to N102.843 million from N188.544 million in Q1 2018.

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