Coronation Insurance Declares N16.19bn Premium

Posted by - September 9, 2021

Coronation Insurance Plc, has announced the group’s gross premium written of N16.19 billion for the 2020 business year, up from N15.2 billion recorded in 2019. Also profit after tax of the firm rose to N1.2 billion from N214.32 million it made the previous year. The group also incurred a net claims of N3.21 billion at

African Alliance gross premium increases by 78% in Q1

Posted by - May 22, 2019

One of Nigeria’s foremost insurance companies, African Alliance Insurance Plc has announced a 78 per cent increase in gross premium in first quarter (Q1) this year compared to the same period of last year. According to the Managing Director, Mrs Funmi Omo, in a statement, explained recently ahead of the firm’s release of its audited

Royal Exchange Records N13bn Premium, Pays N3.4bn Claims

Posted by - July 25, 2018

Royal Exchange Plc, an insurance and financial services group, has announced its results for the financial year ended December 31, 2017, showing Gross Written Premium of N12.8billion up from N12.5 billion in 2016. Net Premium Income stood at N7.1 billion and underwriting profit at N7.6 billion. Net claims paid for the period under review amounted

UBA Says Migration to NSE Premium Board Is Well Deserved

Posted by - April 17, 2018

The Nigerian Stock Exchange on Monday migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts describe as an attestation to the Bank’s strong adherence to international best practices on corporate governance. The Premium Board is the newly created platform for elite companies that meet