AIICO Insurance (NSA:AIIC) Tax Rate % : -31.83% (As of Dec. 2024)

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What is AIICO Insurance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AIICO Insurance's Tax Expense for the three months ended in Dec. 2024 was ₦-650 Mil. AIICO Insurance's Pre-Tax Income for the three months ended in Dec. 2024 was ₦2,042 Mil. Therefore, AIICO Insurance's Tax Rate % for the quarter that ended in Dec. 2024 was -31.83%.

AIICO Insurance Tax Rate % Historical Data

The historical data trend for AIICO Insurance's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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AIICO Insurance Tax Rate % Chart

AIICO Insurance Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-7.52

9.19

15.01

3.12

4.53

AIICO Insurance Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-3.59	12.59	3.93	16.66	-31.83

AIICO Insurance Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

AIICO Insurance's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	716.135	/	15816.623
	=	4.53 %

AIICO Insurance's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-649.757	/	2041.59
	=	-31.83 %

AIICO Insurance Tax Rate % Related Terms

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AIICO Insurance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AIICO Insurance PLC (NSA:AIIC) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

Churchgate Street, Plot PC 12, AIICO Plaza, Victoria Island, Lagos, NGA

Website

https://www.aiicoplc.com

AIICO Insurance PLC provides life and health insurance, general insurance, investment management, and pension management services as a means to create and protect wealth for individuals, families, and corporate customers in Nigeria. The company's key business areas include Life Insurance Business, Non-Life Insurance Business, Health, and Wealth Management, Deposit Administration, and Financial Services to organizations and private individuals. The group has four reportable segments: Life business which generates maximum revenue, General business, Health management services, and Asset management.

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