Company AIICO Insurance Plc

Equities

AIICO

NGAIICO00006

Multiline Insurance & Brokers

End-of-day quote Nigerian S.E. 07:00:00 2024-03-26 pm EDT 5-day change 1st Jan Change
1.05 NGN +3.96% Intraday chart for AIICO Insurance Plc +5.00% +31.25%

Business Summary

AIICO Insurance Plc is the Nigerian leading life insurance group. Gross written premium breaks down by activity as follows:

- life insurance (74.3%). The group also develops pension insurace activity;

- non-life insurance (24.3%): primarily motor, home, commercial and damage insurances;

- health insurance (1.4%).

All gross written premium are in Nigeria.

Number of employees: 492

Sales per Business

NGN in Million2021Weight2022Weight Delta
Life
83.9 %
64,751 84.5 % 75,985 83.9 % +17.35%
General
14.1 %
9,656 12.6 % 12,738 14.1 % +31.91%
Asset Management
1.1 %
1,469 1.9 % 1,027 1.1 % -30.08%
Health Management Services
0.9 %
719 0.9 % 804 0.9 % +11.92%
Elimination of Inter-business Transactions
0.0 %
0 0.0 % 36 0.0 % -

Sales per region

NGN in Million2021Weight2022Weight Delta
Nigeria
100.0 %
76,595 100.0 % 90,591 100.0 % +18.27%

Managers

Managers TitleAgeSince
Chief Executive Officer - 09-04-30
Director of Finance/CFO - -
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - 17-10-31
Corporate Officer/Principal - -
Corporate Officer/Principal - 14-05-31
Corporate Officer/Principal - 09-12-31
Corporate Secretary - 13-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 52 19-09-03
Director/Board Member 58 16-03-31
Chief Executive Officer - 09-04-30
Director/Board Member 59 20-01-13
Chairman - 14-12-31
Director/Board Member - -
Chief Tech/Sci/R&D Officer - 17-10-31
Director/Board Member - 18-08-26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 36,605,275,996 31,121,142,362 ( 85.02 %) 0 85.02 %

Shareholders

NameEquities%Valuation
ICM InvestmentBank AG
0.9625 %
352,333,332 0.9625 % 232 540 ₦

Company contact information

Aiico Insurance Plc

AIICO Plaza Churchgate Street

100283, Lagos

+234 1 279 2930

http://www.aiicoplc.com
address AIICO Insurance Plc(AIICO)

Group companies

NameCategory and Sector
AIICO Capital Ltd.