AIICO Insurance approves 2018 Financial Report

The Board of a Nigeria-based company, which deals in providing insurance services in life insurance business, non-life insurance business, deposit administration and financial services to organizations and private individuals has approved the its 2018 audited financial statements and recommended what will be paid to the company’s owners as dividend subject to approval in AGM.

Donald Kanu, the company secretary signed and notified the NSE and the shareholders on 12th March, 2019 as follows:

RE: Board Meeting of AIICO Insurance PLC

Further to an earlier notice published to that effect, kindly be informed that the Board of AIICO Insurance PLC met on March 12, 2019.

At the meeting, the Board resolved as follows:

  1. The audited financials for the period ended December 31, 2018 be and is approved
  2. Payment of Dividends shall be recommended to the shareholders at an Annual General Meeting on a date to be agreed, subject to final approval by the National Insurance

Please note that the Account will been forwarded to the National Insurance Commission (NAICOM) for approval and thereafter will be released on The Nigerian Stock Exchange.


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