Wapic Insurance Plc announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced operating loss was NGN 1,017.510 million compared to NGN 489.839 million a year ago. Net loss was NGN 442.334 million compared to net income of NGN 63.907 million a year ago. For the full year, operating loss was NGN 914.649 million compared to NGN 956.281 million a year ago. Net income was NGN 417.551 million compared to NGN 351.193 million a year ago.