Prestige Assurance Profit Grows By 24.75% In Nine Months

NKECHI NAECHE-ESEZOBOR–Prestige Assurance Plc, has reported a 24.75% increase in its profit for the period ended 30th September 2021.

The company’s unaudited financial statements for Q3 2021 showed that its profit rose from N751.173 million in 2020 to N937.085 million in 2021.

The insurer also noted that gross premium written was not left out in its impressive performance as it appreciated to N7.512 billion from N5.371 billion in 2020, representing 39.87% difference to the previous period.