I am particularly happy to report that Sterling Assurance Nigeria Limited did significantly better in 2021 than in the previous year. ...
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Statement of Financial Position As at 31 December 2021 2020 Change % ASSETS N000 N000 N000 Cash and Cash Equivalents 737,626 378,939 358,687 94,7 Financial Assets 1,661,626 1,746,775 (85,150) (4.9) Trade Receivables 275,537 295,834 (20,297) (6.9) ...
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ASSETS NOTES 2021 N'000 2020 N'000 Cash and Cash Equivalents 6 737,626 378,939 Financial Assets 7 1,661,626 1,746,775 Trade Receivables 8 275,537 295,834 Reinsurance Assets 9 1,368,146 1,468,007 Deferred Acquisition Cost 10 443,369 140,139 Other Receivables and ...
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2021 2020 NOTES N'000 N'000 Gross Premium Written 25 4,677,009 3,949,079 Gross Premium Earned 25 4,646,308 4,097,311 Reinsurance Premium Expenses 25 (1,272.668) (869,081) Net Premium Income 3,373,639 3,228,230 Fee income -insurance 153.109 155,148 Net underwriting ...
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