Nicon Insurance Plc

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 9.95 Industry: Finance and Insurance Available in: English Format: PDF Download Buy full report

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This report extracts all available information about Nicon Insurance Plc from EMIS' database of company information. The Table of Contents on the right indicates the categories of information that will be included in your report upon purchase.

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Contact Information

NICON PLAZA, Plot 242, Muhammadu Buhari way, Central Business District, PMB 5029, Abuja - FCT.
Abuja; Federal Capital Territory; Map
Postal Code: PMB 5029

Tel: +234 09-4624100-, +234-802-315-, 803-306-



Company Description
Nicon insurance plc. was incorporated on April 2, 1965 to underwrite non-life class of insurance business, as the Nigeria Insurance Company Limited following the merger of the Northern Assurance Company Limited and White Cross Insurance Company Limited, both overseas insurance companies. The company commenced operations on October 1, 1965.
In 1990, the company was renamed “The United Nigeria Insurance Company PLC" following the divestment of government interest in the Company under the Federal Government Privatisation and Commercialisation Programme. The company was again renamed “ Nicon Insurance PLC" by a Resolution passed by shareholders at the 29th Annual General Meeting in Lagos, Nigeria on November 9, 1994. In 1994, Nicon became a composite company with operations spanning life, non-life and special risks insurance business following its merger with its composite sister company - The Nicon Nigeria Life and General Insurance Company PLC. Ownership of the company changed in 2001 with the new Board redefining the Vision and Mission of the company. That same year, the company went through a re-engineering process to realign its operations to support the new vision and the changing needs of the market.
NAICS Industry Classification
Main Activities: Finance and Insurance | Insurance Carriers and Related Activities
Key Executives
Managing Director
Chairman & Ceo
Ceo/Group Managing Director
Enterprise ACCESS

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