Continental Re’s Grows Assets To N26.13bn

Continental Reinsurance Plc, has announced an increase in the company’s total asset to N26.13 billion at the end of 2013 financial period.

Chairman of the company, Hurley Doddy, disclosed this during the firm’s 27th yearly general meeting in Lagos.

“Total asset increased by nine per cent from N24.05 billion in 2012 to N26.13 billion in 2013, and shareholders’ funds increased by eight per cent from N13.24 billion in 2012 to N14.29 billion in 2013,” he said.

Doddy noted that the  employees have cultivated a strong passion for the business and were highly committed to upholding the performance culture of the company and ensuring yearly returns to its shareholders.


About Author

This is BizWatchNigeria. Nigeria's first online business Newspaper.

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.