Lasaco Recorded N10.94bn GPW In 2020, Says Chairman, Philips, at 41st AGM

The Chairman of Lasaco Assurance Plc, Mrs Olateju Philips, has disclosed that the company delivered an awesome performance with a record Gross Premium Written (GPW) of N10.937 billion. Platforms Africa reports that Philips who made this known during the company’s 41st Annual General Meeting held at Marriott Hotel, Ikeja GRA Lagos, added that Lasaco Assurance Plc was able to generate N8.05billion in net underwriting income as against N6.71billion made in 2019, signifying an increase of 20% year on year. All these, she said, were recorded in spite of the challenging…

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