Guinea Insurance cuts loss by 80.67% to N142.125m in Q3

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Guinea Insurance Plc, an active player in the Nigeria’s insurance sector has released its financial statement for the period ended 30 September, 2020 with 22.66per cent decline in gross premium written to N795.78 million from N1.03 billion in the same period in 2019.

The result released at the Nigerian Stock Exchange (NSE) on Monday showed that loss after taxation was cut by 80.67per cent to N142.13 million from N735.07 million in 2019.