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    Thursday, July 1, 2021

    LASACO Assurance Grow it’s Gross Premium by 32% to N6.698bn from N4bn in Q1

    LASACO Assurance Plc, has announced a gross premium rose to N6.698 billion from N4 billion in Q1 2020, representing 31.9% increase for the period ended 31, March 2021

    The statement contained in its financial statement released for first quarter period ended 31st March, 2021 through the floor of Nigerian Exchange Group to investing community and dealing members that it’s gross premium rose to N6.698 billion from N4 billion in Q1 2020, indicating 31.9% increase for the period ended 31, March 2021

    Nevertheless, the company’s profit after tax suffered a dropped of  31.9% which net profit declined to N181.387 million in 2021 from N266.371 million reported in Q1 2020.

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