Business result: AIICO Insurance Plc records an increase in gross premiums : Orishas-finance

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Business result: AIICO Insurance Plc records an increase in gross premiums

12/08/2022

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Business result: AIICO Insurance Plc records an increase in gross premiums

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The financial results of AIICO Insurance Plc, Nigeria's leading life insurance group, were released on Monday, August 8. According to the data, we note a 21% increase in gross premiums. This represents a growth of 45.5 billion nairas (109 million USD) at the end of June 2022 compared to 37.481 billion nairas (90 million USD) last season. It should be noted that this upward trend is the result of the characteristics of a favourable environment with a currency with high inflation and also the annual growth of 39.4%.

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