Untitled Document
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Untitled Document
| PROPOSAL FORMS |
Loss of or damaged by fire, burglary, housebreaking, larceny, theft, or other fortuitous or unforeseen circumstances (including loss from the person)
Exceptions >> Learn More |
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| FINANCIAL HIGHLIGHT |
Our Financials
- The Asset base as at 28th February 2007 is well over N 11 Billion
- Authorized share capital is N 3.5 Billion
- The paid up capital currently stands at N 500 million
- Share Holders' Fund 9.27 Billion
- Profit before tax as at 28th February 2007 is 922 Million
- Profit after tax as at 28th February 2007 is 701.6 Million
Five Year Financial Summary
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2006/07
(N'000) |
2005/06
(N'000) |
2004/05
(N'000) |
2003
(N'000) |
2002
(N'000) |
| Paid-up Capital |
500,000 |
416,667 |
416,667 |
416,667 |
100,000 |
| Insurance Funds |
1,009,951 |
532,069 |
527,248 |
288,140 |
156,513 |
| Total Asset |
11,736,489 |
2,641,528 |
2,688,403 |
1,577,020 |
756,752 |
| Reserves |
1,194,340 |
597,408 |
502,814 |
379,327 |
228,153 |
| Premium Income |
3,153,032 |
1,301,650 |
1,667,561 |
754,301 |
376,300 |
| Profit After Tax |
701,121 |
239,813 |
328,235 |
243,990 |
68,295 |
Claims Paid For The Past Five Years
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=N= |
| 2002 |
91,257,166.43 |
| 2003 |
130,837,068.98 |
| 2004/05 |
225,007,000.00 |
| 2005/06 |
303,139,000.00 |
| 2006/07 |
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