Is aiico insurance real?
AIICO Insurance PLC operates as an insurance company. The Company specializes in pension and asset management, general and health insurance, annuity, and life assurance. AIICO Insurance serves corporations, financial institutions, governments, and individuals in Nigeria.
Who owns aiico?
AIICO Insurance
It is a 65 percent owned subsidiary of AIICO Insurance, a Nigeria Stock Exchange listed insurance services provider….AIICO Pension Managers Limited.
| Type | Private limited company |
|---|---|
| Headquarters | 2 Oba Akran Avenue Ikeja, Lagos State , Nigeria |
| Area served | Nigeria |
| Key people | Eguarekhide Longe (CEO) |
What is the meaning of aiico insurance?
American International Insurance Company Limited
The Company was renamed American International Insurance Company Limited (“AIICO”) upon the acquisition of a 60% stake by the Federal Government of Nigeria, and later listed on the Nigerian Stock Exchange in 1990, after which both shareholders – the Federal Government of Nigeria and AIG divested.
Which insurance company is the oldest in Nigeria?
The Royal Exchange Assurance Agency officially became the oldest insurance company in the history of insurance in Nigeria. For its indigenous variant; native to Nigerians, the African Insurance Company Limited holds the position. It appeared and started providing its services in 1958.
What does aiico capital do?
AIICO Capital provides fund management services through management of 2 SEC-registered collective investment schemes: AIICO Money Market Fund and AIICO Balanced Fund.
When was aiico insurance established?
1963
AIICO Insurance/Founded
Established in 1963, AIICO Insurance Plc is an insurance, pensions management, and asset management Group in Nigeria with market-leading positions in its key business lines: 1. Life assurance and annuity 2.
What is African Alliance insurance Plc all about?
African Alliance Insurance Company Plc is a life insurance company in Nigeria offering a combination of protection (term assurance and group life), savings and investment products. The company also offers annuity and group life products as well as savings schemes and investment products.
What is the biggest insurance company in Nigeria?
Top 10 Insurance Companies in Nigeria (2021)
- Continental Reinsurance.
- Lasaco Assurance Plc.
- AXA Mansard Insurance.
- Custodian and Allied Insurance.
- Goldlink Insurance plc.
- Industrial and General Insurance plc.
- African Alliance Insurance plc.
- Cornerstone Insurance plc.
How many types of insurance do we have in Nigeria?
There are two main classes of insurance by virtue of the Insurance Act 2003, Life Insurance Business and General Insurance Business. Life Insurance is classified into three, namely; Individual Life Insurance.
How do I invest in aiico capital?
How do I invest in the fund? Make a deposit into the AMMF account. Submit the form, along with your KYC documents and proof of payment to any of our client service representatives or wealth managers.
What is African Alliance Insurance Plc all about?
Who is the CEO of aiico?
Babatunde Fajemirokun (Aug 14, 2019–)
AIICO Insurance/CEO