Universal Insurance Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was NGN 73.65 million compared to NGN 154.39 million a year ago. Basic loss per share from continuing operations was NGN 0.0045 compared to NGN 0.0096 a year ago.
For the six months, net income was NGN 795.7 million compared to NGN 368.04 million a year ago. Basic earnings per share from continuing operations was NGN 0.0497 compared to NGN 0.023 a year ago.