Policyholders of Sanlam General Insurance Nigeria Limited who suffered insured risks were able to claim N10.5billion in the last five years.
Its Shareholders’ funds also witnessed a CAGR of 12 per cent during the same period, increasing from N5.1 billion in 2018 to N8.2 billion in 2022. This impressive growth in shareholders’ funds affirms the company’s commitment to maximizing returns on investment for its shareholders.
Speaking on this development, the MD/CEO of Sanlam General Insurance Nigeria Limited, Bode Opadokun expressed satisfaction on the remarkable growth in its profit before tax, shareholders’ fund, and total assets over the past five years.
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