AIICO Insurance Approves 2018 Financial Report

AIICO Insurance Approves 2018 Financial Report

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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, AIICO Insurance Plc, 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 its Annual General Meeting (AGM).

AIICO Insurance Approves 2018 Financial Report

Donald Kanu, the company secretary signed and notified the Nigeria Stock Exchange (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.

Read:  AXA Mansard Insurance Plc announces The Resignation of Mr. Frederic Coppin

At the meeting, the Board resolved as follows:

  • The audited financials for the period ended December 31, 2018 be and is approved
  • 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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