April 18, 2018/Lexiton Media The Management of African Alliance Insurance Plc has announced that N8.69billion was paid in claims settlement in 2017, a 32.5% increase from the N6.56bn paid in 2016. The company also recorded a gross premium income of N6.29billion in 2017. The figures were released by the Managing […]
Insurance
NSE fines African Alliance N46.1m for late account submission
April 16, 2018/The Nation Omobola Tolu-Kusimo •Firm records N21b negative reserve The Nigerian Stock Exchange (NSE) has imposed a fine of N46. 1 million on African Alliance Plc for breaking its rule on account submission. According to NSE X-Compliance Report, released on April 12, 2018, the fine is for late […]
Guinea Insurance Names Babatunde Oshadiya Managing Director
April 13, 2018/NSE Guinea Insurance Plc wishes to notify its esteemed shareholders and the investing public of the appointment of Mr. Babatunde Oshadiya as the Managing Director of Guinea Insurance Plc with effect from 15th of February, 2018.The appointment is still awaiting the approval of our Primary Regulator, The National […]
