Universal Insurance Plc has notified the Nigerian Stock Exchange on the resolutions of its Board of Directors meeting held on the 30th of August, 2018.
According to the statement signed by the Company Secretary, Chinedu A. Onyilimba Esq, the firm stated thus: “Universal Insurance Plc wishes to inform its shareholders and stakeholders that the Board of the company on Thursday, 30th of August, 2018 passed the following resolutions:
- The 48th Annual General Meeting of the Company shall hold on Wednesday, 14th November, 2018.
- The company shall conduct its business within Tier 2 category in the new capitalisation policy released by the National Insurance Commission (NAICOM).
- The Company shall strive to elevate to Tier 1 category within a short period”
Universal Insurance Plc. is a leading name in the Nigerian insurance and financial services industry with over four decades of experience and operations in many states of the Nigerian Federation including the Federal Capital Territory.
Universal Insurance serves commercial, institutional and individual customers through an extensive general insurance network, also providing financial services and risk management services nation-wide. Universal Insurance Plc.’s leadership is as a result of its underwriting skills, innovative insurance solutions, financial strength, superior service and prompt claims settlement.