Insurers raise hopes on improved sector returns
Determined to increase the shareholder's confidence in the nation’s insurance industry, underwriting companies have been assuring investors of better returns on their investments.
Insurance agents harp on secure future for youths
Insurance agents across all underwriting companies in Nigeria have urged parents to take appropriate insurance policies that can help to secure their children’s future.
Shareholders recapitalise underwriting firm with N3.3billion
Shareholders of Goldlink Insurance Plc, have approved the re-capitalisation of the firm to enable investors have better return on investment. The approval to raise N3.3billion capital through right issue was given during Goldlink’s 20th Annual General Meeting (AGM), for the financial year ended December 31, 2015, at the weekend in Lagos. This comes after about…
Underwriting company’s profit appreciates by 194.64% in 2016
Guinea Insurance Plc has said its Profit Before Tax grew by 194.64 per cent from N46.9million at the close of financial year ended 31 December, 2015 to N138million in 2016. According to the company, Profit After Tax grew by 134.87 per cent from N7.2million loss experienced in 2015, to N2.5millon profit in 2016. The Chairman,…