AIICO Insurance Plc (NGX: AIICO)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
1.170
-0.010 (-0.85%)
At close: Oct 11, 2024

AIICO Insurance Company Description

AIICO Insurance Plc engages in the provision of risk underwriting and related financial services in Nigeria.

It operates through Life Insurance, General Business, Health Management, and Asset Management segments.

The life insurance segment offers whole life, term assurance, guaranteed pensions, endowment pensions, mortgage endowment, savings, and protection products, as well as other long-term contracts.

The General Business segment provides auto, household, commercial, and business interruption insurance; and general insurance to individuals and businesses.

The Health Management segment offers prepaid health plans to cater for the health needs of individuals and corporate organizations.

The Asset Management segments offers portfolio management services, structured investments, and mutual funds for corporate and individual clients.

In addition, the company offers annuity, property, marine, fire, personal accident, pure risk, home, and travel insurance, as well as marine, manufacturing, agricultural, and oil and gas insurance; and various risk plans.

It markets its products through insurance brokers and agents. The company was founded in 1963 and is headquartered in Lagos, Nigeria.

AIICO Insurance Plc
Country Nigeria
Founded 1963
Industry Insurance Carriers
Employees 492
CEO Babatunde Fajemirokun

Contact Details

Address:
AIICO Plaza
Lagos
Nigeria
Phone 234 1 279 2930
Website aiicoplc.com

Stock Details

Ticker Symbol AIICO
Exchange Nigerian Stock Exchange
Fiscal Year January - December
Reporting Currency NGN
SIC Code 6300

Key Executives

Name Position
Babatunde Fajemirokun Chief Executive Officer
Bisola Elias Chief Financial Officer