Tag: AIICO Insurance Plc
AIICO Insurance Gross Premium Increased By 26% to ₦31.9 Billion
AIICO Insurance Gross Premium Increased By 26% to ₦31.9 Billion. AIICO Insurance Plc has reported a Gross Written Premium of ₦31.9 billion for the first half of 2020, representing a 26% increase, compared to ₦25.4 billion recorded in comparable in 2019.
FCMB Group to Acquire 96 Percent of AIICO Pensions
FCMB Group to Acquire 96 Percent of AIICO Pensions. FCMB Group and AIICO Insurance have notified the Nigerian Stock Exchange (NSE) and the investing public of discussions for sale of 96% stake of AIICO Pensions Managers to FCMB Pensions
AIICO Insurance: Analysts Estimate 83% Surge in Stock Price
AIICO Insurance: Analysts Estimates 83% Surge in Stock Price. Analysts at Meristem Securities Limited have advised investors to buy AIICO Insurance Plc stock to reap more than 83% upside. AIICO current capital position of ₦19.24 billion places the insurer comfortably above the regulator’s ₦18.00 billion recapitalization threshold required of composite businesses.
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