Royal Exchange Records N13bn Premium, Pays N3.4bn Claims

Posted by - July 25, 2018

Royal Exchange Plc, an insurance and financial services group, has announced its results for the financial year ended December 31, 2017, showing Gross Written Premium of N12.8billion up from N12.5 billion in 2016. Net Premium Income stood at N7.1 billion and underwriting profit at N7.6 billion. Net claims paid for the period under review amounted