Coronation Insurance reports N319.67m quarterly loss

Coronation Insurance Plc saw its loss after tax widen to N319.67 million for the second quarter of 2022 from N241.52 million in the same period last year.

Its gross premium income rose to N4.54 billion from N3.54 billion in Q2 2021, according to its unaudited financial statements released on Saturday.

The claims paid by the insurer increased to N1.45 billion year-on-year in the three-month period from N1.23 billion.

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