Veritas Kapital Assurance Return To Profit With 279.28% In 2020

BY NKECHI NAECHE-ESEZOBOR–Veritas Kapital Assurance Plc, at the weekend said its Profit for the year appreciated from N123.421 million in 2019 to N468.107 million in the period under review, representing 279.28% growth.

According to its unaudited financial statements for year ended December 31, 2020 released on the exchange, the insurr’s gross premium written rose also to N6.063 billion from N2.954 billion in 2019.