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African Alliance Insurance Plc Stock Price

NGSE:AFRINSURE Community·₦4.1b Market Cap
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AFRINSURE Share Price Performance

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Snowflake Analysis

Very low risk with weak fundamentals.

2 Risks
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African Alliance Insurance Plc Key Details

₦8.3b

Revenue

₦11.1b

Cost of Revenue

-₦2.8b

Gross Profit

₦44.4m

Other Expenses

-₦2.8b

Earnings

Last Reported Earnings
Dec 31, 2022
Next Reporting Earnings
n/a
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0%
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About AFRINSURE

Founded
1960
Employees
n/a
CEO
n/a
WebsiteView website
africanallianceplc.com

African Alliance Insurance Plc provides risk underwriting for life, related financial and pension, aviation, and hospitality services for corporate and individual customers in Nigeria. It operates through Life Insurance Business and Air Freight Business segments. The company offers group life policies, traditional life policies, and investment linked and annuity policies; cargo air transportation through leasing arrangements; annuity, children education, and mortgage protection plan insurance; takaful; and savings and investment products. It also owns and manages airline; and operates restaurants, as well as provides catering services. The company was incorporated in 1960 and is headquartered in Lagos, Nigeria. African Alliance Insurance Plc operates as a subsidiary of Conau Limited.

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