SIC Insurance of Ghana First-Quarter Profit Rises 37%
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SIC Insurance Co., the biggest insurer in Ghana, said first-quarter profit rose 37 percent as net premiums grew.
Net income increased to 8.6 million cedis ($4.7 million), while net premiums in the three months through March climbed to 25.7 million cedis from 21 million cedis a year earlier, the company said in a statement e-mailed by the Ghana Stock Exchange today.