LClose 1.04 Price 1.04
Change 0.00 (0.00%) Low 1.04
High 1.04 EPS 0.13
PE 3.81 Shares Outs. 0
52WkHigh 1.22 52WkLow 0.33
50d Mov Avg 1.03 200d Mov Avg 0.97
AvgDlyVol 223,546.35 3MthChg 0.04 (4.00%)
6MthChg 0.27 (35.06%) 12MthChg 0.57 (121.28%)
Div. Yield 3.8461 Risk Factor 0.01987299
Sector Insurance Carriers, Brokers and Services
Company Profile

Law Union and Rock Insurance Plc provides non-life insurance policies in Nigeria. Its products include professional indemnity, goods in transit, money, fidelity guarantee, general third party liability, fire and extraneous perils, motor, burglary, engineering, householder and houseowners comprehensive, bond, personal accident, contractors all risks, workmen's compensation, and marine insurance policies. The company was founded in 1951 and is headquartered in Lagos, Nigeria. Website: www.lawunioninsurance.com Founded in: 1951

Income statement

Statement of Comprehensive Income as at

Name Amount
Gross Premium 4,252,373.00
Profit before tax 1,099,198.00
Taxation -188,491.00
Profit after tax 910,707.00
Transfer to revenue reserve 182,141.00
Profit attributable to:
owners of the Company 728,566.00
Non-controlling interest
Earnings per 50k share 21.00
Earnings per 50k share (k) 21.00
Net assets per 50k share 141.00
Net assets per 50k share (k) 141.00
Board of directors
Name Title
Adenike Adeniran Chairman of the Board
Jide Orimolade Chief Executive Officer, Managing Director, Director
Remi Babalola Vice Chairman of the Board
Tunde Olaonipekun Acting Chief Finance Officer; Head, Financing Reporting and Budget
Supo Falana Chief Technical Officer
Taiwo Oyelude Chief Marketing Officer
Stanley Chiwendu Company Secretary, Head of Legal
Olayinka Ogundeji Head, Internal Audit
Adeoluwatomi Oni Head, Human Resources
Segun Faleye Non-Executive Director
Folarin Familusi Non-Executive Director
Ajibola Olayinka Non-Executive Director