The Chairman, Universal Insurance Plc, Jasper Osita, has said its gross premium rose to N3.5bn in 2021 financial period.
The immediate past Publicity Secretary, Independent Shareholders Association of Nigeria, Mr Moses Igbrude, commended the management’s performance.He however urged the operators and the regulators to come together and educate Nigerians on the need for insurance.
Addressing shareholders, the Managing Director/ Chief Executive Officer, Benedict Ujoatuonu, noted that the 2022 would be better by far than the year under review. He said “As at the half year 2022, we have done more than what we did in the whole of 2022 despite the current situation of the country. We are hoping very strongly too that the year 2022 will come out better.”
On its subsidiary, he said, “The hotel which is our major subsidiary is working and already contributing to the revenue of the company.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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