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African Alliance Insurance PLC
54 Awolowo Road, Ikoyi
Phone: +234 14547003p:+234 14547003 LAGOS, Nigeria Ticker: AFRINSUREAFRINSURE
Business Summary
African Alliance Insurance Plc is a life insurance company. The Company is principally engaged in the business of providing risk underwriting for life, related financial and pension services, aviation and hospitality services to its customers. Its services include provision of life insurance services to both corporate and individual customers. The Company’s segments include Life business and Air freight business. The Life business segment offers a variety of insurance products for both personal and corporate customers. The products offer range from provision of group life policies, traditional life policies with a segment of investment linked and annuity policies. The Air Freight segment is a private company, which provides cargo air transportation through relevant leasing arrangement. Its products and services include investment plus mortgage protection, smart kid plan, and money appreciation. Its subsidiaries include Ghana Life Insurance and Axiom Air Limited.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202212/31/2022Yes----

Industries
SIC Code Description
6311 Life insurance

General Information
Outstanding Shares: 20,585,000,000 (As of 12/31/2022)
Stock Exchange: NIG
Fax Number: +234 7032294082


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Tuesday, April 23, 2024