Q3 2022: Prestige Assurance Plc Records N10.3 Billion Gross Premium

For the third quarter of 2022, Prestige Assurance Plc has said it recorded N10.3 billion gross premium

Rajesh Kamble, the Managing Director, disclosed this during the 70th-anniversary celebration of the firm.

“We are proud to inform you that during the last five years, our shareholder’s fund has doubled and now stands at N13.7bn.

"The company is growing at a very good rate within the last five years and at the close of the third quarter of 2022, our gross premium stands at N10.3bn.

"We are working and hoping to close the year 2022 with N12 billion premium at production.”

The managing director said 2022 marked a very special year for the firm, not just because it attained 70 years of existence but also because it had witnessed growth in all ramifications.Q3 2022.

“While we are in business to maximise shareholders’ value, we also operate in a way that benefits the society where we operate.

"Over the years, we have impacted society by sponsoring and donating towards the health and education well-being of the people.

"As part of activities marking our 70th-anniversary celebration, we have provided books and materials for over 200 indigent pupils in Lagos.”