AIICO Insurance

AIICO Insurance Plc overturned its N36 billion underwriting loss in 2020 into an underwriting profit of N29.5 billion in 2021. That gain was however more than countered by an adverse shift from net fair value gains of N30.6 billion in 2020…

AIICO Insurance Plc made a surprising turnaround from an underwriting loss of over N35 billion at the end of 2020 to an underwriting profit in the region of N28 billion in the first quarter. This provided the saving grace for the company to…

AIICO Insurance Plc sustained profit improvement for the third straight year at the end of 2020, hitting its target of ‘matching or exceeding its preceding year’s profit. That was a promise that Babatunde Fajemirokun, the company’s managing…

The Nigerian equities market commenced trading for the week on a high, sending the All Share Index upward by 0.33 per cent on Monday. The ASI gained 131.82 basis point up to 40,571.67 basis point from the 40,439.85 basis point it closed…

The six consecutive days of growth by the Nigerian Stock Market was on Wednesday halted as the value of equities dropped. The market suffered a loss as the All Share Index (ASI) fell by 0.26 percent to close at 35,056.82 basic point…

The sentiment of the Nigerian Stock Market (NSE) investors shifted towards the insurance sector amidst the fall in the shares of major sectors of the economy during the week in review. The NSE Insurance Index appreciated by 0.51% during…

OMOTAYO ARAOYE AIICO Insurance PLC has announced that its board will meet on Thursday, July 30 to review and approve the draft unaudited financials for the second quarter period ended June 30, Also, the company starts its closed…

With the increasing number of Covid-19 cases and the weak economic conditions, the last week in June will be characterised by weak markets sentiment that will force investors to strengthen position on prized stocks. Activities on the…

MICHAEL MOSES. AIICO is a popular name in the insurance industry where it has played for 56 years. It started operations on these shores in 1963 as an offshoot of the American life firm, AIICO. Its growth was inspired by its focus and…

AIICO Insurance Plc, said is policyholders were redeemed from losses with N90 billion claims and benefits in the past five years in the company's unwavering commitment to fulfilling its obligations to its teeming customers. A breakdown…