Coronation Insurance Plc (NGX: WAPIC)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
1.790
+0.090 (5.29%)
At close: Dec 23, 2024

Coronation Insurance Company Description

Coronation Insurance Plc, through its subsidiaries, engages in underwriting of life and non-life insurance for individuals and corporate entities.

It operates in two segments, General Business and Life Business. It offers current, escrow, joint, and domiciliary accounts; home, personal accident, car, travel, life, liability, marine, business vehicle, buildings and contents, construction, business interruption, group welfare and life, and bancassurance insurance products; asset management, such as fixed income, private equity, equities, trust services, mutual funds, alternatives, and advisory services; and estate planning, trustee, registrar, and data management services.

The company also provides treasury management products, such as liquidity management, treasury bills, foreign currency, term deposits, commercial papers and notes, trading, and currency; yacht and aviation financing, and emergency loans; investment banking products, including corporate restructuring, project finance, mergers and acquisitions, and capital raising; and wealth management products, such as financial planning, retirement planning, and managed portfolio.

In addition, it offers securities trading and brokerage services, such as investment advisory, repo, brokerage accounts, equities, margin loans, and brokerage accounts; and venture building and capital under technology services.

It was formerly known as Wapic Insurance Plc and changed its name to Coronation Insurance Plc in September 2020.

The company was incorporated in 1958 and is headquartered in Lagos, Nigeria.

Coronation Insurance Plc
Country Nigeria
Founded 1958
Industry Insurance Carriers
Employees 140
CEO Olamide Olajolo

Contact Details

Address:
119, Awolowo Road
Lagos
Nigeria
Phone 234 1 277 4500
Website coronation.ng

Stock Details

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

Key Executives

Name Position
Olamide Olajolo Chief Executive Officer
Bankole Osebeyo Chief Financial Officer