Royal Exchange Plc
Insurers to raise N50 billion fresh capital for recapitalisation
Out of the 58 insurance companies in the nation’s economy, seven have reached to their investors to mobilise a cumulative sum of N50 billion new capital to meet June 2020 recapitalisation deadline.
Underwriting firm boosts sector’s growth with N12.8b profit
Royal Exchange Plc has reported a gross written premium of N12.8 billion from its business activities in the year ended December 31, 2017, compared to N12.5 billion in 2016.
Royal Exchange’s Auwalu Muktari wins chief executive officer award
The Group Managing Director, Royal Exchange Plc, Auwalu Muktari, has been awarded the Outstanding Chief Executive Officer of the Year (Insurance), by the Independent Newspapers, at its 2017 Yearly Awards ceremony held in Lagos
Royal Exchange Prudential Life to deploy robust retail marketing strategy
Royal Exchange Prudential Life Assurance (REPLA), has said it will focus on customer service excellence, among other major initiatives, in its quest for market leadership.
Royal Exchange posts N12.5 billion gross premium
The Nigeria’s premier insurance and financial services group, Royal Exchange Plc, has said it generated a Gross Written Premium (GWP) of N12.5 billion in 2016, representing an increase of 16 per cent over the figure of 2015, which stood at N10.8 billion.
Royal Exchange gross premium hits 22% in nine months
Royal Exchange Plc, has recorded a gross written premium of N10.82 billion in the first nine months of 2016 financial year, representing 22 per cent increase compared to N8.87 billion achieved....
Royal Exchange posts N8.43 billion half year premium
The company said, net premium income for the period amounted to N4.34 billion, with a modest growth of 5 per cent over that of half year 2015, which stood at N4.12 billion.
Royal Exchange records N10.7bn premium income in 2015
Royal Exchange Plc has recorded a gross written premium income of N10.7 billion for the financial year ended December 31, 2015. This represents 14 per cent increase when compared with N9.7 billion gross premium achieved in the previous financial year.