Continental Re: results as of September 30th, 2018

The gross written premiums of Nigerian reinsurer Continental Re amounted to 26 billion NGN (71.3 million USD) as of September 30th, 2018, recording a 27 percent growth in comparison with the first nine months of 2017.

Net profit, however, suffered from the rise in claims expenses and management fees. It stands at 2.11 billion NGN (5.8 million USD), down by 32% from 2017.

Read also:

• Continental Re, 2017 results: turnover and net profit