Universal Insurance posts N637.9m profit in 2020
Universal Insurance Plc has released its audited financial statement for the year ended December 31, 2020 with 82% increase in group gross premium written to N3.396 billion from N1.870 billion in 2019.
The group recorded a pretax profit of N637.949 million in 2020 compared with a pretax loss of N337.863 million in 2019.
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