Guinea Insurance PLC 2021 AR2
The report outlines Guinea Insurance Plc's financial performance and sustainability initiatives for the fiscal year 2021. Despite economic challenges and the ongoing effects of the COVID-19 pandemic, the company increased its gross premium written by 24.8% to N1.35 billion and significantly reduced its loss after tax by 89.9% compared to the previous year. On the sustainability front, the company established an employee engagement committee, implemented energy and water reduction measures, and donated to the COVID-Relief Fund. Looking ahead, Guinea Insurance aims to position itself among the top five insurance companies in Nigeria by 2025 through technological investments and recapitalization efforts.
Company: Guinea Insurance PLC
Sector: Financials
Country: Nigeria
Year: 2021
Type: AR2
Pages: 135
Guinea Insurance PLC
Annual Report And Audited Accounts
The report outlines Guinea Insurance Plc's financial performance and sustainability initiatives for the fiscal year 2021. Despite economic challenges and the ongoing effects of the COVID-19 pandemic, the company increased its gross premium written by 24.8% to N1.35 billion and significantly reduced its loss after tax by 89.9% compared to the previous year. On the sustainability front, the company established an employee engagement committee, implemented energy and water reduction measures, and donated to the COVID-Relief Fund. Looking ahead, Guinea Insurance aims to position itself among the top five insurance companies in Nigeria by 2025 through technological investments and recapitalization efforts.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees