Android
iOS
Windows| LClose | 0.45 | Price | 0.45 |
|---|---|---|---|
| Change | 0.00 (0.00%) | Low | 0.45 |
| High | 0.45 | EPS | 0.08 |
| 52WkHigh | 0.71 | 52WkLow | 0.42 |
| 50d Mov Avg | 0.48 | 200d Mov Avg | 0.52 |
| AvgDlyVol | 1.75M | 3MthChg | -0.05 (-10.00%) |
| 6MthChg | -0.07 (-13.46%) | 12MthChg | -0.10 (-18.18%) |
| Beta | -0.1104243 | Risk Factor | 0.002675417 |
| PE | 5.90 | Shares Outs. | 13.25B |
| Div. Yield | 6.67 | Market Cap | 5.96B |
| Volume | 330.43K | # Of Trades | 3 |
| Trades Value | 148.68K | ||
| Sector | Insurance Carriers, Brokers and Services | ||
Prestige Assurance Plc, a general insurance company, provides insurance products and services in Nigeria. It offers fire and special perils, business interruption/consequential loss, burglary/housebreaking, cash-in-transit/safe, group/individual personal accidents, workmen's compensation, contractor's/erection all risks, machinery breakdown, miscellaneous accident, motor, marine cargo and hull, goods-in-transit, oil and energy, aviation hull and liability, and special contingencies insurance products. The company also provides lease financing, risk management advisory, policy audit, and customer education services. It serves conglomerates, steel and iron ore companies, manufacturing and warehouse businesses, and banks and other financial institutions, as well as engineering and construction, information technology, telecommunication, textile, plastics, pharmaceuticals, and oil and gas companies. The company was founded in 1952 and is headquartered in Lagos, Nigeria. Prestige Assurance Plc is a subsidiary of New India Assurance Company Limited. Website: www.prestigeassuranceplc.com Founded in: 1952
Statement of Comprehensive Income as at
31-Mar-2017
| Name | Amount |
|---|---|
| Gross Premium Written | 3,808,516.00 |
| Decrease in unearned premium | -423,438.00 |
| Gross Premium income | 3,385,078.00 |
| Reinsurance expenses | -1,936,567.00 |
| Net premium income | 1,448,481.00 |
| Fees and commission income | 501,948.00 |
| Net underwriting income | 1,950,429.00 |
| Claims expenses | 655,735.00 |
| Acquisition expences | 483,596.00 |
| Acquisition expenses | 483,596.00 |
| Maintenance expences | 475,703.00 |
| Maintenance expenses | 475,703.00 |
| Underwriting expenses | 1,615,034.00 |
| Underwriting profit | 335,395.00 |
| Investment income | 830,939.00 |
| Net fair value gain/(loss) on financial assets | 40,602.00 |
| Net fair value gain/(loss) on investment property | |
| Other operating income | 30,774.00 |
| 1,359,374.00 | |
| Management expences | |
| Results from operating activities | 706,215.00 |
| Finance costs | -8,226.00 |
| Management expenses | -683,933.00 |
| Profit before income tax expense | 697,989.00 |
| Income tax expence | -166,148.00 |
| Profit for the year | 531,841.00 |
| Profit before income tax expenses | 697,989.00 |
| Income tax expenses | -166,148.00 |
| Net Gain on valuable of Available-for-sale financial assets | 779,413.00 |
| Items within OCI that will not be reclassified to profit/loss in subsequent periods net of tax: | |
| Other comprehensive income: | |
| Re-measurement (loss)/gain on defined benefit plan | -23,274.00 |
| Items within OCI that may be reclassified to profit or loss or in subsequent period net of tax: | |
| Gain/Loss on revaluation of land and buildings | -8,121.00 |
| Net Gain on valuation of available-for-sale financial assets | 779,413.00 |
| Total other comprehensive income for the year, net of tax | 748,018.00 |
| Items within OCI that will not be reclassified to profit/loss in subsequent periods net of tax: | |
| Total comprehensive income for the year, net of tax | 1,279,859.00 |
| Basic earnings per ordinary share (kobo) | 9.90 |
| Diluted earnings per ordinary share (kobo) | 9.90 |
| Total comprehensive income for the year, net of net | 1,279,859.00 |
| Name | Title |
|---|---|
| Hassan Usman | Non-Executive Chairman |
| Balla Swamy | Managing Director/Chief Executive Officer, Executive Director |
| Emmanuel Oluwadare | Chief Financial Officer |
| Chandrakant Kale | Executive Director Risk Control & Operations |
| Eunice Aina | Assistant General Manager Human Resources & Administration, Estate & Establishment |
| Peri Sarma | Deputy General Manager Technical |
| Josephine Gbuji | Assistant General Manager Claims |
| Patricia Jibirin-Yaro | Assistant General Manager Underwriting |
| Abayomi Odulana | Company Secretary |
| Kochunni Kumar | Non-Executive Director |
| Muftau Oyegunle | Non-Executive Director |
| Gopalan Raghu | Non-Executive Director |