AIICO Targets 46% Profit Growth To N17.6bn …C0NTINUE READING HERE >>>
AIICO Insurance Plc is forecasting a pre-tax profit of N17.6 billion, representing a 46 increase from the N12 billion pre-tax profit posted in the 2023 financial year.
The group’s forecast comes off an impressive 2024 first half, posting a pre-tax profit of N14.4 billion, marking a 98 per cent year-on-year increase from the N7.3 billion pre-tax profit posted in H1 2023. In the first half of 2024, the company also spent N42.5 billion on the payment of claims and other insurance service…
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