Galloping costs spur 49.2% drop in Universal Insurance’s annual profit
Mounting costs across key expenditure categories setUniversal Insuranceup for a sharp slide in profit for last year, its management report released on Tuesday has shown. The non-life underwriter, whose shares are up 46.8 per cent this year, reported N867.9 million in post-tax period for the period, ...
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Verified on Jun 30, 2026