Quote of WAPIC INSURANCE PLC (WAPIC)
 
LClose 0.37 Price 0.38
Change 0.01 (2.70%) Low 0.35
High 0.38 EPS 0.07
PE 10.86 Shares Outs. 0
52WkHigh 0.47 52WkLow 0.32
50d Mov Avg 0.35 200d Mov Avg 0.36
AvgDlyVol 5,687,735.05 3MthChg 0.06 (18.75%)
6MthChg 0.02 (5.56%) 12MthChg -0.02 (-5.00%)
Div. Yield 7.8947 Risk Factor 0.02485807
Sector Insurance Carriers, Brokers and Services
Company Profile
Wapic Insurance Plc, through its subsidiaries, offers life and non-life insurance products to corporate and individual customers. It provides personal insurance, including burglary, fire, personal accident, and public liability insurance products. The company also offers corporate insurance comprising aviation, business interruption/consequential loss, boiler and pressure vessel, contractor’s all risk, construction all risk, directors and officers liability, electronics equipment, erection all risk insurance fidelity, fire and special peril, goods-in-transit, group personal accident, marine, money, motor, motor trade, oil and gas operational risks, plant and machinery breakdown, plant all risk, professional indemnity, and public liability insurance products. In addition, it provides life insurance products consisting of retirement plans, credit life insurance, group life assurance, mortgage protection assurance, and student welfare scheme, as well as premature death, disability, and critical illness insurance. The company was formerly known as Intercontinental Wapic Insurance Plc and changed its name to Wapic Insurance Plc in June 2012. Wapic Insurance Plc was founded in 1958 and is headquartered in Ikoyi, Nigeria. WAPIC Insurance Plc operates as a subsidiary of Access Bank Plc.

Website:	www.wapicinsuranceplc.com
Founded in:	1958

Statement of Comprehensive Income as at
31-Mar-2017

Name Amount
Gross premium 9,807,616.00
Profit before tax 1,622,691.00
Taxation -91,881.00
Profit after tax 1,530,810.00
Transfer revenue reserve 1,530,810.00
Profit attributable to:
owners of the company 1,530,810.00
Non-controlling interest
Earnings per 50k share 11.00
Name Title
Aigboje Aig-Imoukhuede Non-Executive Chairman
Adeyinka Adekoya Managing Director/Chief Executive Officer, Executive Director
Adedayo Arowojolu Managing Director, Wapic Ghana
Rantimi Ogunleye Managing Director, Wapic Life
Folasade Tunde-Philips Head, Operations
Muyiwa Oke Head, Compliance and Internal Control
Peter Ehimhen Chief Risk Officer
Mary Agha Company Secretary and Legal Advisor
Oluseyi Taiwo Head, Financial Control
Olufemi Obaleke Executive Director, Retail
Oyebode Ojeniyi Executive Director
Felicia David Head, Claims