RC: 6125
	SUMMARY OF UNAUDITED OPERATING	2007	2006	% Increase
	RESULTS FOR THE PERIOD ENDED	N	N
	30TH JUNE 2007
	GROSS PREMIUM	1,020,974,079	273,425,875	273
	UNDERWRITING PROFIT	682,775,764	205,653,189	232
	OPERATING PROFIT	445,047,146	31,742,336	1,302
	PROFIT BEFORE TAXATION	488,174,621	40,600,744	1,102
	TAXATION	(73,226,193)	(9,966,186)	(635)
	PROFIT AFTER TAXATION	414,948,428	30,634,558	1,255
	TOTAL ASSETS	12,468,447,187	970,921,260	1,184
	SHAREHOLDERS' FUND	11,232,708,716	803,762,543	1,298
	By order of the Board
	PAUL EKPENISI ESQ
	COMPANY SECRETARY