The Nigerian Stock Exchange X-Gen News Alert - Law Union and Rock Insurance Plc
Company Name: Law Union and Rock Ins. Plc. (www.LawUnionInsurance.com)
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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