Consolidated Hallmark Insurance
Gains in highcap stocks lift capitalisation by N356 billion
Following gains recorded by most highly capitalised (highcap) stocks, transactions on the Nigerian Exchange Limited (NGX) reversed negative sentiments to close in an upbeat yesterday as market capitalisation appreciated by N356 billion.
Insurers to drive policy uptake with micro-life in 2020
In a bid to deepen insurance penetration and awareness in the nation’s insurance industry, underwriters have revealed plans to commence Micro-Life insurance subsidiary by the next year 2020
How insurance firms settled N76b claims
About nine out of the 57 insurance companies in the country have settled a cumulative claims of N76 billion by policyholders, who suffered insured risks, in the 2018 financial year. This was as an improvement from what was witnessed in the 2017 financial year, as virtually all the nine companies recorded an increase in claims…
CHI offers shareholders N162.6 million dividend
Consolidated Hallmark Insurance Plc has declared N162.6 million, amounting to a dividend of two kobo per share for its 2018 operations.
Consolidated Hallmark to raise N735m new capital
Consolidated Hallmark Insurance (CHI) Plc will seek approval to raise N734.5 million additional capital, at its Extraordinary General Meeting (EGM), slated for November 28, 2018, in Lagos. Shareholders will, at the meeting, formally give their approval to shore up the company’s capital through private placement of 1,130,000,000 units, at the price of 65 Kobo per share, which will…
CHI invests in insurance education via essay competition
Consolidated Hallmark Insurance(CHI) Plc, as part of its Corporate Social Responsibility (CSR), has rewarded three winners of its yearly National Essay Competition, in efforts to increase insurance education and awareness across the country.
CHI gets sector awards, assures of continuity
Consolidated Hallmark Insurance (CHI) Plc has been recognized as the insurance company of the year, in a move aimed at encouraging underwriters that create value for shareholders. The award, given to the company at the fifth anniversary of the Businesstodayonline held in Lagos, was based on the value creation of the insurer to shareholders across…
CHI’s profit up by 108%
Consolidated Hallmark Insurance (CHI Plc) has reported a 108 per cent leap in its profit for the financial year ended December 31, 2017.