Leadway Assurance: 2021 results

Leadway Assurance is closing the 2021 financial year with a 31% turnover increase reaching 70.1 billion NGN (170.08 million USD) against 53.65 billion NGN (139.91 million USD) in 2020.

The incurred losses have gone from 43.5 billion NGN (113.44 million USD) as at 31 December 2020 to 48 billion NGN (116.46 million USD) at the end of the past year.

As at 31 December 2021, the company's shareholders' equity amounted to 80.6 billion NGN (195.56 million USD), representing an 18.8% year-on-year growth. The total assets totaled 500.2 billion NGN (1.2 billion NGN).