Linkage Assurance PLC 2018 Annual Report
The report details the financial and operational performance of Linkage Assurance PLC for the fiscal year 2018. During the year, the company's gross premium written grew by 31% to N5.39 billion, driven primarily by the oil and gas sector. However, underwriting operations resulted in a loss of N772.5 million due to a significant increase in claims expenses, which included a N2.7 billion payout. Consequently, profit before tax decreased by 96% to N134.7 million. On the sustainability front, the company highlighted its efforts in corporate governance, customer service, human capital development, and environmental protection, including the implementation of an electronic document management system to reduce paper use.
Company: Linkage Assurance PLC
Sector: Finance & insurance
Country: Nigeria
Year: 2018
Type: Annual Report
Pages: 111
Back to company
Linkage Assurance PLC
Annual Report & Accounts
The report details the financial and operational performance of Linkage Assurance PLC for the fiscal year 2018. During the year, the company's gross premium written grew by 31% to N5.39 billion, driven primarily by the oil and gas sector. However, underwriting operations resulted in a loss of N772.5 million due to a significant increase in claims expenses, which included a N2.7 billion payout. Consequently, profit before tax decreased by 96% to N134.7 million. On the sustainability front, the company highlighted its efforts in corporate governance, customer service, human capital development, and environmental protection, including the implementation of an electronic document management system to reduce paper use.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees