Consolidated Hallmark Insurance Projects Profit of N515.7M in Q3 2021

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Consolidated Hallmark Insurance

Consolidated Hallmark Insurance (CHI) Plc, Nigeria’s leading general business insurance company, announced its earnings forecasts for the third quarter of the year (Q3), ended 30 September 2021.

Consolidated Hallmark Insurance predicts a net premium of N4.91 billion while it sees a net claims projection at N2.03 billion.

  • Net operating income was projected at N3.46 billion.
  • Underwriting and management expenses projections of N1.53 billion.
  • Tax projection of N110.79 million
  • Profit after tax was projected at N515.74 million.