Linkage Assurance targets N700.8m PAT for 2021 Q3
By Ngozi Onyeakusi – Linkage Assurance Plc, one of the foremost underwriting companies in the country has released its earnings forecast for the third quarter for the period ending 30 September 2021 with gross premium written N2.070 billion.
The company projected a profit after tax of N700.838 million.
Cash/bank balance at end of the quarter is projected to rise to N3.634 billion from N3.593 billion at the beginning.
Recall that Linkage Assurance’s audited 2020 financial results recorded gross premium written rise by 28% to N8.3 billion from N6.5 billion in 2019 while profit after tax rose by 65% to N2.4 billion from N1.5 billion in 2019.
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