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Cornerstone Insurance Plc
Cornerstone Complex
21, Water Corporation Drive
Phone: +234 12806500p:+234 12806500 VICTORIA ISLAND, Nigeria Ticker: CORNERSTCORNERST
Business Summary
Cornerstone Insurance Plc is a Nigeria-based insurance company. The Company is engaged in the provision of risk underwriting and related financial services to its customers. Its service includes the provision of life and non-life insurance services for both corporate and individual customers. The Company’s segment includes Non-life insurance, Life insurance, Takaful insurance, Fin Insurance, Leasing and Life deposit administration/investment contracts. The Company caters to both General and Life businesses and the classes of Insurance business it serves, including motor vehicle, aviation, marine, engineering all risks, asset protection, liability to third party, oil & gas, group life, credit life, mortgage protection, term assurance, wealth creation products and takaful (Islamic insurance). The Company, through its subsidiaries, is engaged in various business lines ranging from property-casualty insurance, life/ health insurance and leasing.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2022Yes----

Industries
SIC Code Description
6331 Fire, marine, and casualty insurance
6311 Life insurance
6324 Hospital and medical service plans

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman SegunAdebanji 4/28/2017 4/28/2017
Head Finance and Performance Measurement Group EmmanuelOtitolaiye
Chief Technology Officer OlasojiTehingbola
12 additional Officers and Directors records available in full report.

General Information
Number of Employees: 176 (As of 12/31/2012)
Outstanding Shares: 18,032,133,731 (As of 12/31/2023)
Stock Exchange: NIG
Fax Number: +234 12806526


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Friday, April 19, 2024