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.
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 |