CRUSADER INSURANCE (NIGERIA) PLC
UNAUDITED ACCOUNTS FOR THE PERIOD ENDED 31st DECEMBER
     
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2007

N'000

2006

N'000

Increased / (Decreased)

(%)


GROSS PREMIUM
     
Life Premium Income
558072
471709
18
Non-Life Premium
1256316
621468
102
 
NET PREMIUM
Life Premium Income
435709
321257
36
Non-Life Premium
973914
545076
79
 
Deposit Administration
 
Investment Income
578884
450740
28
Profit Before Tax
626502
289345
117
Taxation
50495
28312
78
Profit After Tax
576007
576007
121
   
The directors are of the view that, barring any unforseen circumstances, the company's results in the next quarter ending 31th March, 2007 will record continued improvements.  

By order of the board

E. O. Ehigiato

 
Company Secretary