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Consolidated Hallmark Insurance Plc released its unaudited financial results for the period ended June 30, 2021.
See link to results.
Guinea Insurance Plc released its unaudited financial results for the period ended June 30, 2021.
See link to results.
AIICO Insurance Plc released its unaudited financial results for the period ended June 30, 2021.
See link to results.
Coronation Insurance Plc released its unaudited financial results for the period ended June 30, 2021.
See link to results.
Linkage Assurance Plc released its unaudited financial results for the period ended June 30, 2021.
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Prestige Assurance Plc released its unaudited financial results for the period ended 30th of June, 2021.
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The Board of Lasaco Assurance Plc, one of Nigeria’s leading insurance companies, has proposed a final dividend of N183.4 million to shareholders of the company for the period ended 31st December 2020.
The company’s Board made this announcement in a notification published on the website of the Nigerian Exchange Group Limited (NGX), stating that a dividend of 10 kobo per share will be paid on all the issued 1,833,585,855.00 ordinary shares of the company.
According to the notice, the dividends will be disbursed electronically to qualified shareholders on 30th of August, 2021.
Conditions to qualify for the dividend
In a bid to expedite the dividend disbursement, the company also disclosed that it will be holding its 41st Annual General Meeting at Lagos on Thursday 26th of August, 2021 by 11:00am
What you should know
African Alliance Insurance Plc has notified stakeholders and the general public of its inability to file its unaudited financial statements for the period ended 30th of June, 2021.
In a statement signed by the company’s secretary, Anthonia Udeh, the management of African Alliance Insurance Plc announced that it will not be able to file the financial statements of the company on the regulatory due date of 30th of July, 2021.
According to the notice, the delay is occasioned by the fact that the company is yet to file its Audited Financial Statement (AFS) for the period ended 31st of December, 2020, which is a prerequisite for filing the unaudited financial statements for the second quarter. However, the company noted that it is has submitted and currently awaiting the response of its primary regulator- The National Insurance Commission (NAICOM) on its 2020 AFS.
In line with the recent development, the company further announced that it has sought and obtained approval from the Nigerian Exchange Limited (NGX) to extend the timeframe for the submission of its 2021 Q2 unaudited financial statement to 29th of September, 2021.
In conclusion, the firm reiterated its commitments to ensuring that the unaudited financial statement of the company is filed with the period extended by the Exchange.
In case you missed it: Recall that African Alliance Insurance Plc and 3 other companies were suspended by the Nigerian Exchange Limited (NGX) on the 2nd of June, 2021. The suspension was due to the failure of the concerned companies to present their Audited Financial Statements (AFS) for the year ended December 2020 or the Unaudited Financial Statement for the period of March 2021 or both.
Prestige Assurance Plc has announced the retirement of Mr Gopalan Raghu from its Board as a Non-Executive Director, effective from 28th of April, 2021.
This is according to a disclosure signed by the Acting Secretary of the company, Chidinma Ibe-Louis, which reads: ‘’Prestige Assurance Plc (the Company) wishes to inform the Nigerian Exchange Limited (NGX), its shareholders and investing public that Mr Gopalan Raghu, a Non-Executive Director of the company, has retired from the Board, effective 28th April, 2021.’’
What you should know:
Meanwhile, Prestige Assurance Plc last traded its shares on the floor of the Nigerian Exchange Limited (NGX) at N0.46 per share.
Coronation Insurance Plc has notified stakeholders and the investing public of its imminent Board of Directors meeting, scheduled to hold on Thursday July 29, 2021.
This is according to a disclosure signed by the Company’s secretary, Mary Agha and sent to the Nigerian Exchange Group Limited.
The meeting is scheduled to consider and approve the unaudited financial statements of the company for the second quarter of the year. In line with this, the company will be observing a closed period from 1st of July, 2021 until 24 hours after the unaudited financial statements have been filled with The Exchange.
Under the closed period, the Directors, employees, persons discharging managerial responsibility, adviser of Coronation Insurance Plc and their connected persons, are restricted from dealing either directly or indirectly in the securities of the company.
What you should know:
For more information about the notice, click HERE.