Sunu Assurance eyes N2.74 bn GWP in Q2 2021

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Sunu Assurances Nigeria Plc has projected a gross written premium of N2.74 billion representing 62.41 percent of the full year budget, for the Q2 2021.

The projection surpasses the premium generated in the corresponding period 2020 by 41.97 percent which stood at N1.93 billion.

The company in its notice at the Nigerian Stock Exchange also projected a profit after tax of N184.425 million for the Q2 2021.

SUNU Assurances Plc recently listed on the daily official list of the Nigerian Stock Exchange (NSE) additional 3,010,800,000 ordinary shares of 50 each at N1.00 per share.
The additional shares listed on the Exchange arose from SUNU Assurances’ private placement of 3,010,800,000 ordinary shares of 50 kobo each at N1.00 per share to SUNU
Participations Holdings SA and SUNU Assurances Vie Cote D’ivoire SA. With this listing of the additional 3,010,800,000 ordinary shares, the total issued and fully
paid up shares of SUNU Assurances Nigeria Plc has now increased from 2,800,000,000 to 5,810,800,000 ordinary shares of 50 kobo each

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