LClose 0.74 Price 0.74
Change 0.00 (0.00%) Low 0.73
High 0.74 EPS 0.15
PE 5.39 Shares Outs. 0
52WkHigh 0.79 52WkLow 0.60
50d Mov Avg 0.70 200d Mov Avg 0.67
AvgDlyVol 1,717,638.61 3MthChg 0.12 (19.35%)
6MthChg 0.06 (8.82%) 12MthChg 0.04 (5.71%)
Div. Yield 6.7567 Risk Factor 0.008837018
Sector Insurance Carriers, Brokers and Services
Company Profile
AIICO Insurance Plc provides insurance services to individual and corporate customers in Nigeria. The company offers personal insurance products, including annuity, corporate savings plan, credit life and terms, education, funeral, home, life, motor, legacy assurance plan, travel, mortgage protection plan, and personal accident insurance products. It also provides business insurance products comprising agriculture, automobile, aviation, construction, education, engineering, financial service, food, hospitality and entertainment, legal, and logistics insurance. In addition, the company offers business insurance for medical and dental, public sector, security, telecom and technology, transport and haulage, oil and gas, real estate, sports, trading/small business, manufacturing, and maritime businesses, as well as financial services to organizations and private individuals. It serves customers through a network of 33 branch offices. The company was founded in 1963 and is headquartered in Lagos, Nigeria.

Website:	www.aiicoplc.com
Founded in:	1963

Statement of Comprehensive Income as at

Name Amount
Gross Earnings 32,097,692.00
Profit before tax 3,040,489.00
Taxation -1,757,213.00
Profit after tax 1,283,276.00
Transfer to revenue reserve 478,276.00
Profit attributable to:
owners of the company 1,222,406.00
Non-controlling interest 60,871.00
Earnings per 50k share 18.00
Net assets per 50k share 158.00
Name Title
Oladele Fajemirokun Non-Executive Chairman
Edwin Igbiti Group Managing Director/Chief Executive Officer, Executive Director
Ayodele Bamidele Chief Financial Officer
Olusanjo Shodimu Chief Information Officer
Donald Kanu Company Secretary/Legal Advisor
Olusola Ajayi General Manager, Retail Business
Moruf Apampa General Manager, Non-Life Business
Benson Ogunyamoju Acting General Manager, Group Life Business
Abiodun Adebanjo Deputy General Manager, Audit Services
Phil Maduagwu Deputy General Manager, Corporate Services
Joseph Oduniyi Deputy General Manager, Non-Life Corporate Business
Babatunde Fajemirokun Executive Director