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International

Continental Reinsurance's pre-tax profit declines nearly 30%

October 26, 2017 Reprints

Nigeria-based Continental Reinsurance P.L.C.'s pre-tax profit declined nearly 29% to almost 3.2 billion Nigerian naira ($9 million) in the first nine months from nearly NGN 4.5 billion in the first nine months of 2016, Reuters reported. Premiums grew 15% to more than NGN 18.4 billion, compared with more than NGN 16 billion in the first nine months in 2016.

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Continental Reinsurance's pre-tax profit declines nearly 30%

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