OPERATING ENVIRONMENT We all remember that 2022 was a pre-election year in our country and it came with its challenges. There ...
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Statement of Financial Position As at 31 December 2022 2021 Change % ASSETS N000 N000 N000 Cash and Cash Equivalents 1,109,907 737,626 372,281 50.5 Financial Assets 1,843,660 1,661,626 182,034 11.0 Trade Receivables 223,559 275,537 (51,978) (18.9) ...
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ASSETS NOTES 2022 N'000 2021 N'000 Cash and Cash Equivalents 6 1,109,907 737,626 Financial Assets 7 1,843,660 1,661,626 Trade Receivables 8 223,559 275,537 Reinsurance Assets 9 1,173,088 1,368,146 Deferred Acquisition Cost 10 200,540 443,369 Other Receivables and ...
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2022 2021 NOTES N'000 N'000 Gross Premium Written 25 4,929,908 4,677,009 Gross Premium Earned 25 4,966,565 4,646,308 Reinsurance Premium Expenses 25 (1,531,620) (1,272.668) Net Premium Income 3,434,948 3,373,639 Fee income -insurance 26 165,354 153.109 Net underwriting ...
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