Wapic Insurance Plc reported earnings results for the year ended December 31, 2015. For the year, the company reported gross written premium of NGN 7,101 million against NGN 5,204 million a year ago. Underwriting profit was NGN 1,478 million against NGN 1,316 million a year ago. Profit before Tax was NGN 1,668 million against NGN 59 million a year ago. ROA was 7.0% against 0.3% a year ago. ROE was 8.7% against 1.7% a year ago.