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Aiico Insurance Plc (Nigeria)

Main Activities: Insurance Carriers
Full name: Aiico Insurance Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Established in 1963, AIICO Insurance Plc (NSE Ticker: “AIICO”) is an insurance, pensions management, and asset management Group in Nigeria with market-leading positions in its key business lines: 1. Life assurance and annuity 2. General insurance and special risks 3. Pension management 4. Health insurance and 5. Asset management AIICO is the market leader in the life insurance and retirement services and is a market leader (top 3) in Non-Life insurance in Nigeria. The core insurance franchise is complemented by our leading insurance asset management, pension, and health management businesses. Overall, AIICO is currently the 2nd largest insurance company in Nigeria (by gross premiums).

Headquarters
Aiico Plaza, Plot Pc 12, Churchgate Street, Victoria Island
Lagos; Lagos;

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Website: http://www.aiicoplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1970
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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28.71%
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28.46%
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11.98%
Subsidiaries
Aiico Capital Limited
Aiico Multishield Limited
Aiico Pension Managers Limited
Company Performance
Financial values in the chart are available after Aiico Insurance Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net insurance premium revenue
N/A
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-0.78%
Total assets
9.3%
Investments
20786.45%
Total equity
2.44%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-0.45%
Underwriting Expenses Ratio
N/A

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