Aiico Insurance Plc 2016 Financial Summary

12 Months Report AIICO INSURANCE  PLC
	2016 N'000	2015 N'000	change	Year End
Revenue	27,064,365	32,918,820	-18%	December
Profit/Loss  before taxation	11,835,236	1,799,294	558%
Profit for the period	10,238,411	1,195,606	756%
Issued Shares (Units)	6,930,204,480	6,930,204,480
Basic Earnings Per Shares (Kobo)	147.00	18.00	717%
Last total dividend paid (Kobo)	2.00	5.00	-60%

Quarter on Quarter performance

Revenue                                                                   PAT

N'000                                                                       N'000

Q1: #8,216,378                                                      Q1: #937,497

Q2: #7,371,736                                                      Q2: #453,678

Q3: #5,414,492                                                      Q3: #1,652,054

Q4: #6,061,759                                                      Q4: #7,195,182

Aiico Insurance maintained an average of  #6.7billion in terms of revenue and #2.5billion in terms of PAT. 

A closer look at the result shows that the company made most of its money in under writing profit of #12.44billion. Broken down into :

• Life; #8.6billion
• General: #2.3billion
• HMO: 427million
• Pension: 993miilion
• Asset Mgt: 454million