Quote of N.E.M INSURANCE CO (NIG) PLC. (NEM)
 
LClose 1.89 Price 1.76
Change -0.13 (-6.88%) Low 1.76
High 1.76 EPS 0.37
52WkHigh 2.69 52WkLow 0.76
50d Mov Avg 2.22 200d Mov Avg 2.15
AvgDlyVol 826.81K 3MthChg -0.69 (-28.16%)
6MthChg -0.49 (-21.78%) 12MthChg 0.03 (1.73%)
Beta -0.05349445 Risk Factor 0.0001626994
PE 5.13 Shares Outs. 10.03B
Div. Yield 7.94 Market Cap 17.66B
Volume 10.18M # Of Trades 17
Trades Value 17.91M
Sector Insurance Carriers, Brokers and Services
Company Profile

NEM Insurance Company Nigeria Plc provides general insurance services in Nigeria. The company offers general accident insurance products, including fire, consequential loss, burglary or theft, all-risks, householders’/owners, goods-in-transit, money, fidelity guarantee, workmen's compensation, death, permanent disablement, medical expenses, travel/health, and golfers indemnity insurance. It also provides liability insurance comprising public liability, products liability, and professional indemnity; miscellaneous insurance consisting of insurance of public buildings and buildings under construction; and marine and aviation, motor vehicle, oil and gas, and home protection insurance. The company was founded in 1948 and is headquartered in Lagos, Nigeria.

Website:	www.nem-insurance.com
Founded in:	1948


Income statement

Statement of Comprehensive Income as at
31-Mar-2017

Name Amount
Gross Premium 13,416,270.00
Profit before tax 3,094,769.00
Taxation -319,499.00
Profit after tax 2,775,270.00
Transfer to revenue reserve 3,658,357.00
Profit attributable to:
owners of the Company 2,775,270.00
Non-controlling interest
Earnings per 50k share 53.00
Earnings per 50k share (k) 53.00
Net assets per 50 share 53.00
Net assets per share (k) 53.00
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Most Recent Financial Statements for N.E.M INSURANCE CO (NIG) PLC.
Board of directors
Name Title
Fidelis Ayebae Chairman of the Board
Tope Smart Chief Executive Officer, Group Managing Director, Director
Stella Omoraro General Manager Finance
Omolara Oyetunde Company Secretary and Legal Adviser
Susan Giwa-Osagie Deputy Managing Director, Executive Director Business Development
Andrew Ikekhua General Manager - Marketing
Sunday Adebayo Deputy General Manager - Claims and Reinsurance
Lasunkanmi Adeleke Deputy General Manager - Underwriting
Adeyemi Mayadenu Assistant General Manager - Port Harcourt Branch
Idowu Semowo Assistant General Manager - Investment & Risk Management
Mojisola Teluwo Assistant General Manager - Corporate Affairs
Alani Olojede Executive Director Operations