Law Union & Rock’s profit rises100% to N561m

Foremost underwriting firm, Law Union & Rock Insurance Plc, has posted a 100 per cent increase in profit after tax from N280.92 million in 2015 to N561.85 million in 2016. Managing Director of the company, Jide Orimolade, who disclosing this, expressed hope of achieving similar feat this year by growing its premium income by 50 per cent. He said that the firm was committed and strategically positioned to consolidate on profit earned this year to delight its shareholders and stakeholders. He noted that the company’s giant stride in profit after…

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