Cornerstone Insurance Plc on Tuesday published its Second Quarter report for the period ended 30 June 2023.
The Group reported Gross Premium Written of N14.727 billion for the 6 months period, up by 42.98% from N10.3 billion reported the previous year.
Profit after tax grew year on year by 2655.27% to N11.251 billion from N408.349 million reported the previous year.
Earnings per share of the underwriting firm stands at N0.62.
At the share price of N0.95, the P/E ratio of Cornerstone Insurance stands at 1.53x with earnings yield of 65.19%.
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