CORONATION INSURANCE PLC |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.69 NGN | +6.15% |
|
+7.81% | +1.47% |
Business Summary
- non-life insurance (83.2% of revenues). Gross written premiums break down by activity between engineering insurance (35.8%), energy insurance (24%), accident insurance (16.9%), motor insurance (10.3%), fire insurance (7.8%), marine insurance (3.1%) and aviation insurance (2.1%);
- life insurance (16.8%).
revenues are distributed geographically as follows: Nigeria (92.1%) and Ghana (7.9%).
Number of employees: 149
Sales per Business
| NGN in Million | 2021 | Weight | 2022 | Weight | Delta |
|---|---|---|---|---|---|
General
74.2
%
| 8,759 | 71.7 % | 10,589 | 74.2 % | +20.89% |
Life
28.3
%
| 3,880 | 31.8 % | 4,034 | 28.3 % | +3.96% |
Elimination Adjustments
-2.5
%
| -427 | -3.5 % | -360 | -2.5 % | -15.72% |
Sales per region
| NGN in Million | 2021 | Weight | 2022 | Weight | Delta |
|---|---|---|---|---|---|
Nigeria
82.8
%
| 9,679 | 85.6 % | 10,513 | 82.8 % | +8.62% |
Foreign
17.2
%
| 1,634 | 14.4 % | 2,180 | 17.2 % | +33.37% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Olamide Olajolo
CEO | Chief Executive Officer | - | - |
Oluseyi Taiwo
DFI | Director of Finance/CFO | - | - |
Nelson Madu
COO | Chief Operating Officer | - | - |
Peter Ehimhen
CTO | Chief Tech/Sci/R&D Officer | - | 13-06-30 |
Muyiwa Oke
CMP | Compliance Officer | - | 12-07-31 |
Patrick Osadebe
SAM | Sales & Marketing | - | - |
| Corporate Officer/Principal | - | - | |
Sunny Ogbemudia
AUD | Comptroller/Controller/Auditor | - | 12-05-31 |
Mary Agha
SEC | Corporate Secretary | - | 12-05-31 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Mutiu Sunmonu
CHM | Chairman | - | 19-01-29 |
Abubakar Jimoh
BRD | Director/Board Member | 58 | - |
| Director/Board Member | - | 18-08-14 | |
Omosalewa Fajobi
BRD | Director/Board Member | 46 | - |
| Director/Board Member | - | 20-06-30 | |
Ibijoke Adenuga
BRD | Director/Board Member | - | 22-08-18 |
| Director/Board Member | - | 22-08-18 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 23,991,679,506 | 4,758,100,000 ( 19.83 %) | 0 | 19.83 % |
Company contact information
Coronation Insurance Plc
119 Awolowo Road Ikoyi
101233, Lagos
+234 1 2777 4500
http://www.coronationinsurance.com.ng
Sector
Sales per Business
Sales per region
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
0.69
NGN
Average target price
0.65
NGN
Spread / Average Target
-5.80%
| 1st Jan change | Capi. | |
|---|---|---|
| +1.47% | 12.96M | |
| +9.53% | 110B | |
| +8.68% | 99.87B | |
| +5.57% | 99.27B | |
| +0.09% | 69.78B | |
| +20.89% | 29.46B | |
| +9.98% | 19.28B | |
| -4.07% | 12.24B | |
| +9.16% | 10.92B | |
| +9.30% | 10.46B |
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