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The Nexus
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Universal Insurance

Coverage of Universal Insurance in the Nexus archive.

Earliest in view: Jun 30 · 11:31 UTCMost recent: Jun 30 · 11:31 UTC
Co-mentioned in this coverage
insurance service expensestopic1Premium Times Nigeriaorganization1
Recent coverage
  • BUSINESSJun 30 · 11:31 UTCPREMIUM TIMES NIGERIA
    Galloping costs spur 49.2% drop in Universal Insurance’s annual profit

    Universal Insurance experienced a 49.2% drop in annual profit due to soaring insurance service expenses, which more than doubled to N8.3 billion and offset a 47% rise in insurance revenue. The decline was attributed to cost pressures crowding out revenue growth.