Mutual Benefit Assurance on Thursday published its First Quarter report for the period ended 31 March 2021.
Gross Premium Written for the 3 months period is reported as N8.11 billion, up by 45.47% from N5.58 billion.
The Underwriting firm reported a loss after tax of N1.97 billion in Q1 2021 as against the profit after tax of N931.798 million.
Q1 2021 earnings per share stands at -N0.18 as against the EPS of N0.08 in Q1 2020.
At the share price of 49 kobo, the P.E ratio of Mutual Benefit Assurance for Q1 2021 stands at -2.77x with earnings yield of -36.08%.