Quote of CORNERSTONE INSURANCE COMPANY PLC. (CORNERST)
 
LClose 0.58 Price 0.62
Change 0.04 (6.90%) Low 0.62
High 0.63 EPS 0.07
PE 6.75 Shares Outs. 0
52WkHigh 0.62 52WkLow 0.20
50d Mov Avg 0.43 200d Mov Avg 0.28
AvgDlyVol 641,830.05 3MthChg 0.42 (210.00%)
6MthChg 0.42 (210.00%) 12MthChg 0.40 (181.82%)
Div. Yield 3.4482 Risk Factor 0.005880254
Sector Insurance Carriers, Brokers and Services
Company Profile
Cornerstone Insurance Plc, together with its subsidiaries, provides risk underwriting and related financial services for corporate and individual customers in Nigeria. Its life assurance products include life insurance policies, mortgage protection plans, group life assurance, term assurance, maximum investment plans, and befitting farewell plans. The company’s non life insurance products comprise fire and special perils, goods in transit, home guard, boiler and pressure vessel, burglary, consequential loss on machinery breakdown, electronic equipment, erection-all-risks, family personal accident, fidelity guarantee, all risk, golfers’, group personal accident, machinery breakdown, marine cargo and hull, money, personal accident and sickness, plant all risk, product liability, public liability, and travellers’ insurance, as well as contractors-all-insurance. It also provides workmen's compensation policies and various Takaful insurance products; asset management services for equities investment, fixed income/money market instruments, and structured finance/real estate; and leasing and investment services, such as leasing/asset finance, loans, structured finance, and project finance. Cornerstone Insurance Plc was incorporated in 1991 and is headquartered in Lagos, Nigeria.

Website:	www.cornerstone.com.ng
Founded in:	1991

Statement of Comprehensive Income as at
31-Mar-2016

Name Amount
Gross Earnings 8,389,950.00
Profit before tax -1,516,213.00
Taxation -373,574.00
Profit after tax -1,889,787.00
Profit attributable to:
owners of the company -1,889,787.00
Non-controlling interest
Earnings per 50k share -13.00
Name Title
Adedotun Sulaiman Group Chairman of the Board
Ganiyu Musa Group Managing Director / Chief Executive Officer and Executive Director
Richard Ikiebe Non-Executive Vice Chairman of the Board
Ayo Osunbunmi Chief Operating Officer, Executive Director
Olasoji Tehingbola Chief Technology Officer
Adeyinka Adekoya General Manager, Risk Management
Pius Ojo Deputy General Manager, Business Development
Tokunbo Bello Managing Director, Life and Retail Division, Executive Director
Dayo Alao Deputy General Manager, Northern Region
Peter Ekwueme Deputy General Manager, Western, Eastern and Brokers Operations
Martins Uwuilekhue Deputy General Manager, Special Risks
Oke Yinka Deputy General Manager and Head, Cornerstone Asset Management