Quote of AIICO INSURANCE PLC. (AIICO)
 
LClose 1.20 Price 1.20
Change 0.00 (0.00%) Low 1.20
High 1.20 EPS 0.60
52WkHigh 1.59 52WkLow 0.46
50d Mov Avg 1.24 200d Mov Avg 1.04
AvgDlyVol 13.60M 3MthChg 0.09 (8.11%)
6MthChg 0.30 (33.33%) 12MthChg 0.45 (60.00%)
Beta 0.5455663 Risk Factor 0.01887726
PE 2.00 Shares Outs. 20.67B
Div. Yield 5.00 Market Cap 24.81B
Volume 160.71K # Of Trades 15
Trades Value 194.92K
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


Income statement

Statement of Comprehensive Income as at
31-Mar-2018

Name Amount
Gross premium 37,665,507.00
Profit before tax 3,495,871.00
Taxation 344,281.00
Profit after tax 3,151,589.00
Transfer to revenue reserve 625,221.00
Profit attributable to:
Owners of the company 3,065,444.00
Non-company interest 86,145.00
Earnings per 50k share (k) 44.00
Net assets per k share (k) 220.00
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Board of directors
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