Kampala — Uganda's insurer, National Insurance Corporation Holdings popularly known as NIC, has recorded a remarkable growth in net profits for 2017 owing to an increase in commission and fees, incomes as well as again of its investment properties.
Available financial results show that the listed insurer saw its net profit more than double from Shs937million in 2016 to Shs1.9billion in 2017. This represents a 122% growth.
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