LASACO ASSURANCE PLC

2022 3RD QUARTER, EARNING FORECAST

3RD QTR, 2022

Gross premium

4,411,700

Reinsurance outward

882,340

Net premium

3,529,360

Unearned premium

1,265,947

Earned premium

2,263,413

Commission received

176,468

TOTAL INCOME

2,439,881

Underwriting expenses

Net claims

661,755

Underwriting expenses

441,170

Total Underwriting Expenses

1,102,925

Underwriting profit

1,336,956

Investment income

185,030

Management expenses

882,340

Profit Before Tax

269,586

Taxation

80,876

Profit After Tax

188,710

2022 3RD QTR GROSS PREMIUM PROJECTION

REGION

N'000

3RD QTR

Head office

2,602,903

Public sector

573,521

South West

132,351

FCT/Northern region

88,234

South/South region

308,819

Retail/HNI

705,872

TOTAL

4,411,700

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Disclaimer

Lasaco Assurance plc published this content on 10 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2022 15:32:11 UTC.