Tag: Universal Insurance
-
Universal Insurance Q1 2026 earnings show the firm had a sharp spike in insurance service expenses (due to a jump in oil and has claims led to a loss. Breakdown of insurance revenue and claims Strip away the fair value gains (which were also humungous in AFS 2025), and the loss after tax is much…
-
Universal Insurance last week released its audited FY 2025 earnings. Here is a walkthrough them. Insurance revenue dipped Insurance revenue went up by over 48% to N20,4 billion, but insurance service result fell by 64.5% to N991 million due to higher insurance service expenses and reinsurance expenses. Net investment income went up by 394% to…