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Children Education Plan

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Life Celebration Plan

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Press Release

AIICO’s Staff to Work from Home till January 2021

AIICO Insurance PLC has extended its Work from Home policy to allow more of its employees work from home till January 2021. Currently, about 50% of its workforce work from home, while others enjoy the flexibility of running weekly rotation as a social distancing measure. In view of the recent shutdown…

AIICO 2020 Half Year Results: Striding on Despite Challenges

AIICO Insurance Plc reported Gross Written Premiums of ₦31.9bn, up 26% from the same period in 2019 (Q2 2019: N25.4bn). The growth was driven by sustained positive performance across the major lines of business of the Group. The Group’s Shareholders’ funds increased by 9.39% from N27.9bn in 2019…

AIICO Insurance Plc to Divest from its Pension Business

AIICO Insurance Plc (AIICO) has entered into discussions with FCMB Pensions Limited for the divestment of its interest in its Pension subsidiary, AIICO Pension Managers Limited. The proposed sale will see a full uptake of AIICO’s 70% stake in the Company. The proposed transaction is subject to the…

AIICO's Unbroken Focus on Recapitalization Journey

AIICO is way ahead with its recapitalization plans. The Company has kicked off another phase in its recapitalization strategy and submitted its application to the Nigerian Stock Exchange (NSE) on 15 June 2020, for the approval and listing of 4,357,770,954 ordinary shares of Fifty Kobo (N0.50) each at…

AIICO Undeterred by Lockdown, Pays about N1.7 billion in 21 Days

AIICO has presented its scorecard detailing its performance within the first 21 days of COVID-19 lockdown. The company has paid out about N1.7 billion to its customers in fulfilment of its contractual obligations covering claims, benefits, loans, maturity payments, etc. According to Mr Sola Ajayi; Executive…

AIICO Records Huge Success in its Recapitalization Journey

AIICO Insurance Plc. has recorded an extraordinary success in its recapitalization journey – with successful completion of its private placement investment by two strategic investors. The company had earlier received shareholders’ approval to increase its authorized share capital to N18 billion through…

Achievements

Our milestone achievements as at 2017, shows you why we would continue to be the Insurance Industry leader.

Gross Premium Income

N0Billion

Gross Premium Income of N21.4 Billion in 2017 at a CAGR of 6.3% over the last 5 years.

Claims Paid

N0Billion

Claims paid of N23.2 Billion in 2017

Total Assets

N0Billion

Total Assets of N92.4 Billion in 2017

About Us

AIICO Insurance Plc., is the leading life insurer in Nigeria.

Founded in 1963, AIICO provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers.

Financial Reports

2020 Notice of EGM

2019 AIICO Q3 Unaudited Financial Report

New AIICO Amended and restated Memart

Form Download

CHANGE OF BENEFICIARY

Flexible Endowment Plan Form

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