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[LAWUNION] >> COMPANY REPORT
(Source: NSE, Date: 30-Oct-2019)
 LAW UNION AND ROCK INSURANCE PLC
FINANCIAL HIGHLIGHTS

AS AT 30TH SEPTEMBER 2019

	                                           2019	           2018
	                                           N'000	  N'000	
Major Statement of Financial Position items: 		
Total Assets	                                12,431,538      10,989,721 
Total Equity                                  	 6,622,849       6,809,102  
Insurance Contract Liabilities 	                 4,312,487       3,143,272 
 

		
Major Income Statement items: 		

Gross Premium Written 	                         4,225,494       3,601,188 
Gross Premium earned	                         3,652,777       3,245,553 
Net Premium Earned 	                         2,396,087       2,115,818 
Claims Incurred 	                        (1,041,253)      (795,408) 

(Loss)/Profit Before Taxation                  	  402,831         613,872
 

(Loss)/Profit After Taxation 	                  342,406         521,791 
 

		
Per 50K Share Data 		

(Loss)/Earnings per share (Kobo) 	           7.97            12.15    

DIVIDENDS					    NIL	            NIL
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Company
Contacts
  • 8th Floor,
  • South Atlantic Petroleum Towers,
  • 1 Adeola Odeku Street,
  • Victoria Island,
  • Lagos, Nigeria.

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