By Ngozi Onyeakusi—— LASACO Assurance Plc, in its unaudited financial statements for the year ended 31st December, 2020 has recorded a gross premium written to the tune of N10.938 billion from N9.342 billion in 2019.
Profit after taxation leaped by 147% to N780.161 million from N315.745 million in 2019.
The positive showing in full year 2020 was in spite of decline ross premiums written in fourth quarter to N830.674 million from N1.139 billion in Q4 2019 and a loss after tax of N366.770 million from a profit of N89.780 million in Q4 2019.

Recall that  LASACO projected N5.40 billion gross premium written for the first quarter ending 31 March 2021, up from N1.323 billion in fourth quarter (Q4) 2020.