Sunu Assurances Nigeria Plc has released its earnings forecast for the second quarter 2021 with gross written premium projected at N2.74 billion representing 62.41% of the full year budget, which is expected to be greater than the premium generated in the corresponding period 2020 by 41.97% which stood at N1.93 billion.

In a notice at the Nigerian Stock Exchange, it projected a profit after tax of N184.425 million for the Q2.

SUNU Assurances Plc recently listed on the daily official list of the Nigerian Stock Exchange (NSE) additional 3,010,800,000 ordinary shares of 50 each at N1.00 per share.
The additional shares listed on the Exchange arose from SUNU Assurances’ private
placement of 3,010,800,000 ordinary shares of 50 kobo each at N1.00 per share to SUNU
Participations Holdings SA and SUNU Assurances Vie Cote D’ivoire SA.
With this listing of the additional 3,010,800,000 ordinary shares, the total issued and fully
paid up shares of SUNU Assurances Nigeria Plc has now increased from 2,800,000,000 to
5,810,800,000 ordinary shares of 50 kobo each