Aiico Insurance PLC (AIICO) : Company Profile and SWOT Analysis
Timetric's "Aiico Insurance PLC (AIICO) : Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, financial analysis, mergers & acquisitions, key employees, company locations and subsidiaries, employee biographies as well as competitive benchmarking data.
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Examines and identifies key information and issues about "Aiico Insurance PLC" for business intelligence requirements.
Studies and presents the company's strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported.
Provides data on company financial performance and competitive benchmarking.
The profile also contains information on business operations, company history, major products and services, key employees, and locations and subsidiaries.
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AIICO Insurance Plc (AIICO Insurance) is an insurance company. It offers a range of life and non-life insurance products to individuals and corporate customers. Its offering includes term assurance plans, whole life insurance, guaranteed pension plans, motor insurance, burglary and house breaking insurance, health insurance, fire and special perils insurance, personal accident insurance and professional indemnity insurance. The company also offers insurance products for business interruption, marine, travel, personal liability, aviation, home, bonds and public liability. Furthermore, it offers annuity plans, education plans, and savings and investment plans. It operates through a network of branch offices in Nigeria. AIICO Insurance is headquartered in Lagos, Nigeria.
The company reported gross written premium of NGN27,064.4 million during fiscal year ended December 2016 (FY2016), a decline of 17.8% over FY2015. Its net premium income was NGN26,687.6 million in FY2016, compared to NGN6,748.5 million in FY2015.