Universal Insurance Plc on Thursday published its Second Quarter report for the period ended 30 June 2023.
The underwriting firm reported Gross Premium written of N5.201 billion for the 6 months period, up by 51% from N3.444 billion reported the previous year.
Profit after tax grew year on year by 19.16% to N948.178 million from N795.699 million reported the previous year.
Earnings per share of Universal Insurance stands at 6 kobo.
At the share price of 24 kobo, the P/E ratio of Universal Insurance stands at 4.05x with earnings yield of N24.69%.