Source: The Nigerian Stock Exchange Corporate News |

The Nigerian Stock Exchange X-Gen News Alert - Law Union and Rock Insurance Plc

LAGOS, Nigeria, March 30, 2017/APO/ --

Company Name: Law Union and Rock Ins. Plc. (
Company Symbol: LAWUNION
[LAWUNION]>> Company Report
Law Union and Rock Insurance Plc

Financial Highlights for the Year Ended 31st December 2016

2016 2015
N'000 N'000 

Major Statement of Financial Position Items
Total Assets 8,580,876 8,273,420 
Total Equity 5,039,730 4,458,665 
Insurance Contract Liabilities 2,762,208 3,271,152 

Major Income Statement Items
Gross Premium Written 3,935,578 3,858,097
Gross Premium Earned 3,958,462 3,922,982
Net Premium Earned 2,663,578 2,692,302 
Claims Incurred 839,744 1,081,500
(Loss)/Profit before Taxation 658,643 328,498 
(Loss)/Profit after Taxation 561,851 280,919 

Per 50k Share Data 
(Loss)/Earnings per Share (Kobo) 16 8 
Dividends Nil Nil

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