AIICO Archives

Insurance industry grew by 16.99% in Q3 - NBS

AIICO, AXA account for 61% of ₦288bn insurance claims in 2025

Top insurance companies listed on the Nigerian Exchange paid a combined N288.85 billion in claims in 2025, reflecting a significant 38.17 per cent year-on-year increase compared to the N209.05 billion recorded in 2024. AIICO Insurance and AXA Mansard together accounted for over 61 per cent of total claims paid. The data, compiled by the Nairametrics […]

aadelekepdnlimited-com
25th April 2026
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98 Views

News

Motor insurance vital safety net for road users – AIICO

AIICO Insurance has stated that third-party motor insurance is not just a legal requirement but also a vital protection for all road users. This comes as the police began nationwide enforcement of the policy on February 1, aiming to reduce the number of uninsured vehicles and ensure financial security in case of accidents. Third-party motor […]

monwubukepdnlimited-com
12th February 2025
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287 Views

News

AIICO Board approves audited financial statement for 2023

The Board of Directors of AIICO Insurance Plcs announced the approval of the Group’s Audited Financial Statement for the period ended December 31, 2023. This was disclosed in a notice filed by the Company Secretary, Donald KANU with the Nigerian Exchange Limited on Friday. This follows the recent announcement to the investing public and NGX […]

monwubukepdnlimited-com
20th April 2024
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189 Views

Business

AIICO purchases 5% stake in InfraCredit

AIICO Insurance Plc has been admitted as the second private domestic institutional investor in InfraCredit following Leadway Assurance Plc’s initial involvement. The Times revealed that AIICO’s investment equals 5% of the institution’s share capital, according to the press release announcing the move. This strategic move increased InfraCredit’s paid-in capital base to $175.14 million (N148.55 billion), […]

bfatoyepdnlimited-com
20th December 2023
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459 Views

UK court freezes $40m assets of Nigerian oil

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Tag: AIICO

AIICO, AXA account for 61% of ₦288bn insurance claims in 2025

Motor insurance vital safety net for road users – AIICO

AIICO Board approves audited financial statement for 2023

AIICO purchases 5% stake in InfraCredit

UK court freezes $40m assets of Nigerian oil.

UK mortgage affordability hits 18-year high as repayments.

Vodafone to fully acquire UK mobile giant in.

Trump’s World Liberty Financial sues crypto entrepreneur for.

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