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AIICO Insurance Plc Stock Price

NGSE:AIICO Community·₦161.1b Market Cap
  • 1 Narratives written by author
  • 2 Comments on narratives written by author
  • 42 Fair Values set on narratives written by author

AIICO Share Price Performance

₦4.03
2.41 (148.77%)
₦4.03
2.41 (148.77%)
Price ₦4.03

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Snowflake Analysis

Solid track record with excellent balance sheet and pays a dividend.

1 Risk
2 Rewards

AIICO Insurance Plc Key Details

₦183.4b

Revenue

₦88.6b

Cost of Revenue

₦94.8b

Gross Profit

₦76.6b

Other Expenses

₦18.2b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
0.50
51.68%
9.92%
0%
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About AIICO

Founded
1963
Employees
503
CEO
Babatunde Fajemirokun
WebsiteView website
www.aiicoplc.com

AIICO Insurance Plc provides risk underwriting and related financial services in Nigeria. It operates through Life Insurance, General Business, Health Management, and Asset Management segments. The life insurance segment offers whole life, term assurance, guaranteed pensions, endowment pensions, mortgage endowment, savings, and protection products, as well as other long-term contracts. The General Business segment provides auto, household, commercial, and business interruption insurance; and general insurance to individuals and businesses. The Health Management segment offers prepaid health plans to cater for the health needs of individuals and corporate organizations. The Asset Management segments offers portfolio management services, structured investments, and mutual funds for corporate and individual clients. In addition, the company offers annuity, property, marine, fire, personal accident, home, and travel insurance, as well as marine, manufacturing, agricultural, and oil and gas insurance; and various risk plans. It markets its products through insurance brokers and agents. The company was founded in 1963 and is based in Lagos, Nigeria.

Recent AIICO News & Updates

Narrative Update Apr 10

AIICO INSURANCE PLC – Strong Underwriting Improvement and Robust Investment Performance Bolster 9M 2025 Earnings

Analyst: Qudus Adebara Executive Summary AIICO Insurance Plc delivered a resilient performance for the nine months ended September 30, 2025, marked by a significant turnaround in underwriting results and a solid boost from investment activities. The Group recorded substantial improvement in insurance service results, supported by disciplined underwriting, enhanced risk selection, and effective reinsurance programs.

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