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[LAWUNION]>> COMPANY REPORTS | InfoWARE Finance

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[LAWUNION]>> COMPANY REPORTS
(Source: NSE, Date: 10-May-2019)
 LAW UNION AND ROCK INSURANCE PLC
FINANCIAL HIGHLIGHTS

FOR THE QUARTER ENDED 31ST MARCH 2019

	                                           2019	           2018
	                                           N'000	  N'000	
Major Statement of Financial Position items: 		
Total Assets	                                 12,847,364 	11,286,843 
Total Equity                                  	 6,436,540      6,588,075  
Insurance Contract Liabilities 	                 4,434,244      3,523,428
 

		
Major Income Statement items: 		

Gross Premium Written 	                         2,240,660       1,801,152
Gross Premium earned	                         1,152,984       1,049,881
Net Premium Earned 	                           736,968        629,111
Claims Incurred 	                         (356,174)       (318,201)

(Loss)/Profit Before Taxation                  	   76,860        132,653 
 

(Loss)/Profit After Taxation 	                   65,331        112,755 
 

		
Per 50K Share Data 		

(Loss)/Earnings per share (Kobo) 	             1.52            2.62    

DIVIDENDS					      NIL	      NIL
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