eddie efekoha - Nigerian Insurers Association

NIGERIA INSURANCE DIGEST 2015

As at 1st January 2017

Chairman

Hon. Treasurer Deputy Chairperson

TOPE SMART

Asst. Hon. Treasurer O. S. THOMASDirector-General/CEO

EDDIE EFEKOHA

YETUNDE ILORI

GANIYU MUSA

1


Tel: 01-4604673, 01-4605478

CHIEF TECHNICAL ADVISER

TECHNICAL ADVISER

Eddie Efekoha

EDITOR-IN-CHIEFO.S Thomas

EDITORBola Omole

ASST. EDITOR Joshua Bolorunduro

Yetunde Ilori

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3

The Nigerian insurance industry continues to thrive despite its challenging operating environment. The

sector represents a good opportunity for investors and has attracted relatively large amounts of foreign

private investment in recent years. However, the insurance industry has some hurdles to overcome, with

a possible impact on earnings. Like other sectors in the Nigerian economy, the insurance industry has

been hit by falling oil prices and a decline in national revenue. Good governance and continued consumer

education are needed to enable the industry attain its full potential.

Although low insurance penetration in Nigeria is a worrisome phenomenon a push to promote Micro

insurance, takaful (Islamic insurance) and Bancassurance in addition to the conventional insurance

business in the Nigerian market could further strengthen the sector's foundations and significantly

deepen its penetration rates. The regulator had since released the operational guidelines for Micro

insurance in 2013 and Bancassurance in 2015 to facilitate the smooth take-off of these initiatives.

Consolidating these initiatives will create a new momentum in the insurance marketplace and increase

insurance penetration in Nigeria.

The Nigerian insurance industry experienced a slight growth volume of business underwritten in year

2015 with a recorded premium of 312.56 billion compared to 293.54 billion in 2014, representing an

increase of 6.48 percent. Over the last 10 years (2006-2015), the Nigerian insurance industry had an

average growth rate of 18.97 percent. Life insurance premium income grew at an annual rate of 23.48

percent while the Non-life insurance premium income experienced an annual decrease of 3.50 percent.

In this edition of the Nigeria Insurance Digest, the operating performance for all classes of insurance

business (Life & Non-Life) with reference to premium written and earned, claims paid, investment

income, management expenses, commission ratio, loss ratio, expense ratio, investment ratio,

distribution of asset and liability and reinsurance transactions is presented. The industry trend in Life and

Non-Life insurance business between 2011 and 2015 also highlighted. Data contained in this publication

gathered from 58 member companies of the Association, comprising 15 specialists' Life insurance

companies, 29 Non-Life insurance companies, 12 composite insurance companies and 2 Reinsurance

companies will be beneficial to all stakeholders for sound decision making.

,


1ST JANUARY 2017

2015

2015

(2011 - 2015)

2015

(2011 - 2015)

2015

(2011 - 2015)

2015

(2011 - 2015)

2015

(2011 - 2015)

2015

(2011 - 2015)

3

9

10

11

12

13

14

15

22

23

24

25

26

27

2829

30

31

32

34

35

18-19

4

ENGINEERING INSURANCE PREMIUM INCOME 2015

ENGINEERING BUSINESS (2015)

36

37

2015

(2011 - 2015)

20152015

(2011 - 2015)

(2006- 2015)

2015(2011 - 2015)

2015(2013 - 2015)

(2013 - 2015)

2015

2015

2015

2015

(2011-2015)

(2013-2015) 2015

2015

(2013-2015)

(2015)

(2013 - 2015)

(2011 - 2015)

(2011 - 2015)

PROFIT / LOSS AFTER TAX (2011 - 2015)

(2006- 2015)

38

39

40

41

42

4344

45

464748201549

52

5354

55

56

57585960

63

64

65

66

67

68

69

70

5

2015

SHAREHOLDERS FUND OF MEMBER COMPANIES (2011 - 2015)



(2011- 2015) (2006 - 2015)

(2011 - 2015)

(2013- 2015)

2015

2015

2015

2015

2015

2015

2015

2015

2015

2015

71

7273

74

75

76

77

78

79

80

81

82

83

84

85RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF MOTOR BUSINESS 2015

86RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF FIRE BUSINESS 2015

87RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF GENERAL ACCIDENT BUSINESS 2015

88RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF MARINE AND AVIATION BUSINESS 2015

89RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF OIL AND GAS BUSINESS 2015

91RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF MISCELLANEOUS BUSINESS 2015

92RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF WORKMEN COMP 2015

117 - 118ENGINEERING CLAIMS OF 3.5 MILLION AND ABOVE PAID IN 2015

119 - 120MARINE AND AVIATION CLAIMS OF 3.5 MILLION AND ABOVE PAID IN 2015

121 - 123OIL AND GAS CLAIMS OF 3.5 MILLION AND ABOVE PAID IN 2015

124 - 125MISCELLANEOUS CLAIMS OF 3.5 MILLION AND ABOVE PAID IN 2015

126 - 131GROUP LIFE CLAIMS OF 3.5 MILLION AND ABOVE PAID IN 2015

DIRECTOR OF MEMBERS OF THE NIA AS AT 31ST DECEMBER 2016 134 - 149

SHARECAPITAL

RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF ENGINEERING BUSINESS 2015 90

6

MOTOR CLAIMS OF 3.5 MILLION AND ABOVE PAID IN 2015 95 - 103

FIRE CLAIMS OF 3.5 MILLION AND ABOVE PAID IN 2015 104 - 111

GENERAL ACCIDENT CLAIMS OF 3.5 MILLION AND ABOVE PAID IN 2015 112 - 116


7

INFORMATION

ABOUT THE

ASSOCIATION


8


The NIA was established in 1971 as an umbrella organization for all insurance companies in

Nigeria. It has, since then, offered its members a forum to speak to one another and for all of

them to speak with one voice to the Government, its agencies and other parties on matters

affecting insurance business.

To a large extent, the Association has contributed to Government policies on the development

and supervision of Insurance business, and from time to time submits to the Government,

proposals considered to be in the best interest of the national economy and the Insurance

industry in particular.

The NIA organizes conferences, seminars and other events for members and also publishes a

wide range of books and journals.

The congress of the Chief Executives of member companies is the Association's highest decision

making organ. The Governing Council comprises of Chief Executives of member companies

elected annually at the General meeting of all the members. The Governing Council is furnished

regularly with information on issues relating to the practice of insurance by Technical committees

namely; Accident Offices Committee; Accounting Technical Committee; Corporate Affairs

Committee; Fire Offices Committee; Human Capital Management Committee; Information

Technology Committee; Legal Committee; Life Offices Committee; Marine Offices Committee;

Motor Technical Committee, Risk Management and Compliance Committee and Micro Insurance

Committee.

The technical Committees of the Association have the following responsibilities:

(i) Advising the Governing Council on technical and professional matters;

(ii) Dealing with matters that may be referred to them by the Governing Council;

(iii) Carrying out other functions as may be contained in the rules and regulations of the

Committee.

9


10


11

LIST OF GOVERNING COUNCIL MEMBERS AS AT 1ST JANUARY 2017

PROF. J. O. IRUKWU, SAN

(Past Chairman)

WOLE OSHIN(Past Chairman)

Managing Director/CEO Custodian and Allied Insurance Plc

TOPE SMARTHon. Treasurer

Managing Director/CEONem Insurance Plc

I. A. BALOGUN, mni(Past Chairman)

Group Managing Director/CEO Equity Assurance Plc.

O. O LADIPO AJAYI(Past Chairman)

Managing Director/CEOLASACO Assurance Plc

EDDIE EFEKOHA, Chairman

Managing Director/CEOConsolidated Hallmark Insurance Plc

OYE HASSANODUKALE,mfr(Past Chairman)

Managing Director/CEOLeadway Assurance Company Ltd

DR. FEMI OYETUNJI Managing Director/CEO

Continental Reinsurance Plc

Managing Director/CEOGreat Nigeria Insurance Plc

MRS. C.O OSIPITAN

AKIN OGUNBIYI, ESQ, Group Managing Director/CEO Mutual Benefits Assurance Plc

BODE AKINBOYE, ESQ.Managing Director/CEO

Standard Alliance Insurance Plc.

ROTIMI FASHOLA, ESQ.Group Managing Director

Industrial and General Insurance Plc.

E.F IGBITIManaging Director/CEO

AIICO Insurance Plc

DAUDA KOLAPO ADEDEJI ESQ.

Managing Director/CEONiger Insurance Plc

LIVINGSTONE MAGORIMBO, ESQManaging Director

UBA Metropolitan Life Insurance Ltd

F.K LAWAL ESQ.

Managing Director/CEO

Sterling Assurance Limited

YETUNDE ILORI (MRS)

Managing Director/CEOAxa Mansard Insurance Plc

Deputy ChairpersonGANIYU MUSA ESQ.

Managing Director/CEOCornerstone Insurance Plc

Hon. Asst. Treasurer

GODWIN U. S. WIGGLE

Managing Director/CEOLinkage Assurance Plc

(Past Chairman)

O. S. OYEFESOManaging Director/CEO

Staco Insurance Plc

Managing Director/CEOOld Mutual Nigeria Life. Ass. Co. Ltd

KEITH ALFORD

MRS. BOLA ODUKALEManaging Director/CEO

Capital Express Insurance Co. Ltd

OLUSEGUN OMOSEHINManaging Director/CEO

Mutual Benefits Assurance Plc

VAL OJUMAH

Managing Director/CEO

FBN Life Insurance Ltd.

BASHIR HALIRU BINJI Managing Director/CEO

Nigeria Agric. Insurance Corp.


NIGERIAN INSURERS ASSOCIATION MANAGEMENT TEAM

O.S Thomas Director General/CEO

O. Y Idowu (Mrs.)Director

(Technical/legal &Admin)

Christian Agbewhe Bola Omole (Mrs.) Deputy Director Controller (Finance & Accounts) (IT/Research & Statistics)

Davis Iyasere Bose Agbogun (Mrs.) Controller Senior Manager(Corp. Affairs/Admin & HR) (Technical)

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13

CHAIRMEN AND SECRETARIES OF TECHNICAL COMMITTEESstAs at 1 January 2017

ACCIDENT OFFICES COMMITTEE

Nike Nihinlola (Mrs) Chairperson Secretary

ACCOUNTING TECHNICAL COMMITTEE

Njum Onyemenam (Mrs)

CORPORATE AFFAIRS COMMITTEE

Dr. Tunde Odeyemi

FIRE OFFICE COMMITTEE

Mr. Soji Oni

HUMAN CAPITAL MANAGEMENT COMMITTEE

Mr. Abayomi Agiri

INFORMATION TECHNOLOGY COMMITTEE

Mr. Kunle Kuponiyi

LEGAL COMMITTEE

Mr. Emmanuel Oturuhoyi

LIFE OFFICES COMMITTEE

Bola Odukale (Mrs)

MARINE OFFICES COMMITTEE

Mr. Lekan Alayande

MICRO INSURANCE COMMITTEE

Mr. Kola Ogunbayo

MOTOR TECHNICAL COMMITTEE

Mr. Tony Olojede

RISK MANAGEMENT AND COMPLIANCE COMMITTEE

Hilda Ozoh (Mrs)

Essien Emmanuel

Mr. C.E. Agbewhe

Chairperson Secretary

Mr. Davis Iyasere

Secretary Chairman

Bose Agbogun (Mrs)

Secretary Chairman

Mr. Davis Iyasere

Secretary Chairman

Bola Omole (Mrs)Secretary Chairman

Udeme Ekanem

Secretary Chairman

Muibat Jimoh

Secretary Chairperson

Tairat Onibudo (Mrs)

Secretary Chairman

Tosin Arorehun (Mrs) Secretary Chairman

Koyejo Adelekan

Secretary Chairperson

Bose Agbogun (Mrs)

Secretary Chairman



As At 1st December, 2015

AIICO INSURANCE PLC

AXA MANSARD INSURANCE PLC

CORNERSTONE INSURANCE PLC

ENSURE INSURANCE PLC

GOLDLINK INSURANCE PLC

GREAT NIGERIA INSURANCE PLC

INDUSTRIAL AND GENERAL INSURANCE PLC

LASACO ASSURANCE PLC.

LEADWAY ASSURANCE CO. LTD.

NICON INSURANCE PLC

NIGER INSURANCE PLC

NSIA INSURANCE CO. LTD.

ALLIANCE & GENERAL INSURANCE CO. LTD.

ANCHOR INSURANCE CO. LTD

CONSOLIDATED HALLMARK INSURANCE PLC

CUSTODIAN AND ALLIED INSURANCE PLC

EQUITY ASSURANCE PLC.

FBN GENERAL INSURANCE LTD.

FIN INSURANCE CO. LTD.

GUINEA INSURANCE PLC

INTERNATIONAL ENERGY INSURANCE PLC

INVESTMENT AND ALLIED INSURANCE PLC

KBL INSURANCE LTD

LAW UNION & ROCK INSURANCE PLC

LINKAGE ASSURANCE PLC

MUTUAL BENEFIT ASSURANCE LTD.

NEM INSURANCE PLC

NIGERIAN AGRICULTURAL INS. CORP.

OLD MUTUAL INSURANCE LTD.

PRESTIGE ASSURANCE PLC

REGENCY ALLIANCE INSURANCE PLC

ROYAL EXCHANGE INS. CO. LTD

SOVEREIGN TRUST INSURANCE PLC.

STACO INSURANCE PLC

STANDARD ALLIANCE INSURANCE PLC

STERLING ASSURANCE NIGERIA LTD.

UNITRUST INSURANCE CO. LTD.

UNITYKAPITAL ASSURANCE PLC.

UNIVERSAL INSURANCE PLC

WAPIC INSURANCE PLC

ZENITH GENERAL INSURANCE CO. LTD.

ALLIANCE & GENERAL LIFE ASSURANCE PLC

AFRICAN ALLIANCE INSURANCE CO LTD.

ARM LIFE PLC.

CAPITAL EXPRESS ASSURANCE LTD.

CUSTODIAN LIFE PLC.

FBN LIFE ASSURANCE LTD

MUTUAL BENEFIT LIFE ASSURANCE CO. LTD

OLD MUTUAL LIFE INSURANCE PLC

ROYAL EXCHANGE PRUDENTIAL LIFE PLC.

SPRING LIFE ASSURANCE PLC

STANDARD ALLIANCE LIFE INSURANCE LTD.

UBA METROPOLITAN LIFE INSURANCE LTD.

UNIC INSURANCE PLC

WAPIC LIFE ASSURANCE LTD.

ZENITH LIFE INSURANCE CO. LTD

REINSURANCE COMPANIES

CONTINENTAL REINSURANCE PLC

NIGERIA REINSURANCE CORPORATION

1

2

3

4

5

6

7

8

9

10

11

12

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

1

2

COMPOSITE

COMPOSITE

COMPOSITE

COMPOSITE

COMPOSITE

COMPOSITE

COMPOSITE

COMPOSITE

COMPOSITE

COMPOSITE

COMPOSITE

COMPOSITE

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

GENERAL

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

LIFE

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15

1.

The number of member companies as at 31st

December 2015 was 58

Life insurance companies

15

Composite insurance companies

12

General insurance companies

29

Reinsurance

companies

2

2.

Minimum share capital of Insurance Companies were as follows:

A)

Life Insurance business:

N2billion or

US$ 10,048m

B)

General Insurance business:

N3billion or

US$

15,072m

C)

Composite insurance business:

N5billion or

US$

25,119m

@ N199.05 =$1.00

D)

Reinsurance business:

N10billion or

US$

50,230m

3.

Percentage increase of premium income of insurance companies in Nigeria 2006-2015

TYPE OF BUSINESS

2007 2008 2009 2010 2011 2012

Av. Growth Rate

LIFE 23.9 85.8 16.9 15.9 37.21 28.25 28.29

NON-LIFE

2006

1.5

7.4 24.9 22.1 19.6 0.9 11.80 11.63

2013

14.94

2.88

2014

35.02

-1.31 9.64

4.

The following Companies did not submit their 2015 Annual Report

(i)(ii)(iii)(iv)(v)(vi)(vii)(viii)(ix)(x)(xi)

Figures from the last submitted Annual Report were used for the Companies listed above

5.

All figures are in Nigerian Naira (N)

6.

Exchange rate as at December 2015 at N

199.05 =$ 1.00

INDUSTRY FACTS

2015

23.48

-3.50

African Alliance InsuranceAlliance And General InsuranceAlliance And General Life Insurance Goldlink Insurance Plc Great Nigeria Insurance PlcIndustrial And General Insurance PlcInvestment And Allied Insurance Plc Linkage Assurance PlcNicon Insurance PlcSpring Life Insurance Plc Unic Insurance Plc


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17

OPERATING

ENVIRONMENT


OPERATING ENVIRONMENT 2015

18

Nigerian economy has been adversely affected by external shocks, in particular a fall in the global price

of crude oil.

According to National Bureau of Statistics (NBS), Nigeria's real Gross Domestic Product (GDP) falls to

2.84% in the third quarter of 2015, compared to 6.23% in the same period in 2014. In fact, sectors such

as manufacturing and the services slipped into recession after recording successive declines over the

last three quarters in 2015. The successful democratic transition that ushered in a new political

administration, presented a new wave of optimism on the back of the inherent goodwill of the

administration at the federal level. However, business activities were largely slow for a better part of

the year due to uncertainties around the general economic policy direction of the administration.

On the global scene, the price of crude oil continued to experience a downward trend. The price which

stood at an average of $112 per barrel in June 2014 slipped to $35 per barrel in December, 2015. The

price was far below the budget benchmark of $53 per barrel for 2015. The drastic decline consequently

led to various fiscal and economic challenges such as the drop in foreign earnings, strained fiscal

budget and huge financial bailout for some state governments, general cash flow issues in the

economy and unstable business environment.

Gross Domestic Product: In the Fourth Quarter of 2015, the nation's Gross Domestic Product (GDP)

grew by 2.11% (year-on-year) in real terms. This was lower by 0.73% points from growth recorded in

the preceding quarter and also lower by 3.83% points from growth recorded in the corresponding

quarter of 2014. Quarter on quarter, real GDP increased by 3.10% during the quarter, aggregate GDP

stood at N25, 930,469.41 million (in nominal terms) at basic prices. Compared to the Fourth Quarter

2014 value of N24, 205,863.34 million, nominal GDP was 7.12% higher. Nominal GDP growth was also

higher relative to growth recorded in Q3 of 2015 by 1.11% points.

Inflation: According to National Bureau of Statistics (NBS), the inflation rate in December 2015 rose to

9.6 per cent compared to the 9.4 per cent inflation rate in November.

The Headline Index increased by 9.6 per cent (year-on-year), 0.2 per cent points higher from rates

recorded in November. The increase in the headline index is driven in part by higher prices within key

divisions which contribute to the index.

External Reserves: The nation's foreign exchange reserves declined to 29.13 billion dollars as at

December 29, 2015. The drop represented 2.43 percent from 29.31 billion dollars recorded as at

December 23, 2015. The foreign reserves have been dropping since July 1, 2015.


19

The nation's external reserves stood at 34.49 billion dollars as at January 5, 2015 from 34.47 billion dollars

recorded in December 31, 2014. Shortages of US Dollar has forced Nigeria's external reserves into a massive

decline hitting a new low of 29.73 billion dollars as at December 11, while the value of the naira declined in

the unofficial foreign market.

Oil Sector: During the period under review, Oil production stood at 2.16million barrels per day (mbpd) 0.3%

lower from production in Q3 of 2015. Oil production was also lower relative to the corresponding quarter in

2014 by 1.0% when output was recorded at 2.19mbpd.

As a result, real growth of the oil sector slowed by 8.28% (year-on-year) in Q4 of 2015. This represents a

decline relative to growth recorded in Q4 of 2014 recorded at 1.18%. Growth also declined by 9.33% points

relative to growth in Q3 of 2015. Quarter-on-Quarter, growth also slowed by 19.10%. As a share of the

economy, the Oil sector contributed 8.06% of total real GDP, down from figures recorded in the

corresponding period of 2014 and in Q3 of 2015 by 0.91% points and 2.21% points respectively.

Non-Oil Sector: Growth in the Non-oil sector was largely driven by the activities of Trade, Crop Production,

and Information and Communication, Other Services and Real Estate. The non-oil sector grew by 3.14% in

real terms in Q4 of 2015. This was 0.08% points higher from Q3 of 2015, yet 3.30% points lower from the

corresponding quarter in 2014 (Figure 3). In real terms, the Non-Oil sector contributed 91.94% to the

nation's GDP, higher from shares recorded in Q3 of 2015 (89.73%) and Q4 of 2014 (91.03%).


OPERATING

PERFORMANCE

OF NON-LIFE

COMPANIES

20


21


22

At 31st December, 2015

Alliance & General Insurance Plc

AIICO General Insurance Co. Ltd.

Anchor Insurance Company Ltd.

Consolidated Hallmark Insurance PlcCornerstone Insurance Plc

Custodian & Allied Insurance

Equity Assurance Plc

Fin Insurance Company Ltd.Goldlink Insurance Plc

Guinea Insurance PlcIndustrial & General Insurance Plc

Insurance PHB Ltd.

International Energy Ins. Plc

Investment & Allied Ins. Plc

LASACO Assurance PlcLaw Union & Rock Ins. Plc

Leadway Assurance Co. Ltd.

Linkage Assurance Plc

Mutual Benefits Assurance Ltd.

NEM Insurance Plc

NICON Insurance Plc

Niger Insurance Plc

Nigerian Agricultural Ins. Corporation

NSIA Insurance Company Limited Old Mutual Insurance Co. Ltd. Prestige Assurance Plc

Regency Alliance Insurance Plc

Royal Exchange Gen. Ins. Co. Ltd.

Sovereign Trust Insurance Plc

STACO Insurance Plc

Standard Alliance Insurance Plc

Sterling Assurance Nigeria Ltd.

Unitrust Insurance Co. Ltd

Universal Insurance Plc

Wapic insurance Plc

Zenith General Insurance Co. Ltd.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

REINSURANCE COMPANIES

Continental Reinsurance Plc

Nigeria Reinsurance Corporation

UnityKapital Assurance

Great Nigeria Insurance Plc

AXA Mansard Insurance plc

Ensure Insurance Plc

FBN General Insurance Ltd.


MOTOR INSURANCE PREMIUM INCOME, 2015

NET

DIRECT REINS GROSS PREMIUM REINS. CEDED WRITTEN

BUSINESS ACCEPTED INCOME PREMIUM

S/NO NAME OF COMPANY '000 '000 '000 '000 '000

1 AIICO General Insurance Co. Ltd. 1,580,013 19,240 1,599,253 199,317 1,399,936

2 Alliance & General Insurance Co. Ltd 364,598 2,075 366,673 4,728 361,945

3 Anchor Insurance Company Ltd. 818,000 13,839 831,839 20,029 811,810

4 AXA Mansard Insurance Plc 2,927,886 3,716 2,931,602 70,406 2,861,196

5 Consolidated Hallmark Insurance Plc 1,235,353 18,659 1,254,012 12,841 1,241,171

6 Cornerstone Insurance Plc 1,488,779 7,838 1,496,617 51,481 1,445,136

7 Custodian & Allied Insurance Plc 2,369,265 _ 2,369,265 93,463 2,275,802

8 Ensure Insurance Plc 341,081 3,063 344,144 6,331 337,813

9 Equity Assurance Plc 615,878 5,137 621,015 34,627 586,388

10 FBN General Insurance Limited 443,707 _ 443,707 15,830 427,877

11 Fin Insurance Company Ltd. 224,561 _ 224,561 29,269 195,292

12 Goldlink Insurance Plc 1,040,740 _ 1,040,740 18,026 1,022,714

13 Great Nigeria Insurance Plc 380,325 _ 380,325 7,180 373,145

14 Guinea Insurance Plc 196,757 _ 196,757 3,218 193,539

15 Industrial & General Insurance Plc 511,195 _ 511,195 20,302 490,893

16 International Energy Ins. Plc 1,139,014 3770 1,142,784 954 1,141,830

17 Investment & Allied Ins. Plc 2,401 _ 2,401 _ 2,401

18 KBL Insurance Ltd. 725,939 15,243 741,182 48,071 693,111

19 LASACO Assurance Plc 324,048 _ 324,048 87,661 236,387

20 Law Union & Rock Ins. Plc 1,210,363 _ 1,210,363 85,276 1,125,087

21 Leadway Assurance Co. Ltd. 2,962,502 _ 2,962,502 96,839 2,865,663

22 Linkage Assurance Plc 681,546 7,586 689,132 68,654 620,478

23 Mutual Benefits Assurance Plc 1,818,304 _ 1,818,304 37,883 1,780,421

24 NEM Insurance Plc 3,534,387 11,432 3,545,819 542 3,545,277

25 NICON Insurance Plc 423,300 _ 423,300 2,392 420,908

26 Niger Insurance Plc 493,268 _ 493,268 33,883 459,385

27 Nigerian Agricultural Ins. Corporation 147,847 _ 147,847 2,475 145,372

28 NSIA Insurance Company Limited 849,397 _ 849,397 55,888 793,509

29 Old Mutual Insurance Co. Ltd. 392,450 _ 392,450 38,032 354,418

30 Prestige Assurance Plc 247,524 1,121 248,645 8,511 240,134

31 Regency Alliance Insurance Plc 410,937 _ 410,937 2,335 408,602

32 Royal Exchange Gen. Ins. Co. Ltd. 1,887,890 _ 1,887,890 137,860 1,750,030

33 Sovereign Trust Insurance Plc 1,415,943 26,253 1,442,196 273,902 1,168,294

34 STACO Insurance Plc 1,970,440 _ 1,970,440 84,401 1,886,039

35 Standard Alliance Insurance Plc 559,968 _ 559,968 _ 559,968

36 Sterling Assurance Nigeria Ltd. 579,618 16,110 595,728 64,148 531,580

37 Unitrust Insurance Co. Ltd. 735,208 _ 735,208 34,149 701,059

38 UnityKapital Assurance Plc 424,731 1,578 426,309 4,500 421,809

39 Universal Insurance Plc 55,145 16,848 71,993 16,653 55,340

40 Wapic Insurance Plc 748,340 20,502 768,842 64,865 703,977

41 Zenith Insurance Company Ltd. 1,368,235 _ 1,368,235 214,427 1,153,808

Total 39,646,883 194,010 39,840,893 2,051,349 37,789,544

REINSURANCE COMPANY

DIRECT BUSINESS

'000

REINS ACCEPTED

'000

GROSS PREMIUM

'000

RETROCESSION

'000

NET PREMIUM

'000

42 Continental Reinsurance Plc _ _ _ _ _

43 Nigeria Reinsurance Corporation 54,110 _ 54,110 _ 54,110

TOTAL 54,110 54,110 54,110

23


24

MEM

BER

CO

MPA

NIES R

AN

KED

IN O

RD

ER O

F GR

OSS P

REM

IUM

INC

OM

E FRO

M

THEIR

MO

TOR

INSU

RA

NC

E BU

SINESS (2011-2015)

20

112

01

22

01

32

01

4


NEM Insurance Plc

STACO Insurance Plc

Mansard Insurance Plc




Custodian & Allied Insurance Plc



Goldlink Insurance Plc

Law Union & Rock Ins. Plc

Consolidated Hallmark Insurance Plc


Zenith Insurance Company Ltd.

Cornerstone Insurance Plc

Industrial & General Insurance Plc

Union Assurance Co. Ltd.

Unitrust Insurance Co. Ltd.

NICON Insurance Plc

Niger Insurance Plc

UnityKapital Assurance Plc

NSIA Insurance Company Lim

ited


KBL Insurance Ltd.

Wapic Insurance Plc



OASIS Insurance Plc


LASACO Assurance Plc


Fin Insurance Company Ltd.


Prestige Assurance Plc

Guinea Insurance Plc

Old Mutual Insurance Co. Ltd.



Investment & Allied Ins. Plc

Alliance & General Insurance Co. Ltd

3,883,048

3,151,323

2,652,411

2,299,986

2,100,049

2,024,783

1,665,392

1,650,563

1,562,672

1,553,772

1,512,994

1,381,985

1,360,797

1,349,844

1,242,463

1,191,846

1,106,869

940,925

934,721

831,745

818,165

771,311

745,522

731,769

723,805

679,858

665,841

621,524

560,977

552,379

517,551

496,896

458,562

448,551

362,550

269,945

256,496

255,309

91,092

20,744

366,673


NEM

Insurance Plc



STACO Insurance Plc


AIICO G

eneral Insurance Co. Ltd.






Law U

nion & Rock Ins. Plc

Consolidated Hallm

ark Insurance Plc


NSIA Insurance Com

pany Limited



NICO

N Insurance Plc



Industrial & G

eneral Insurance Plc


Niger Insurance Plc

KBL Insurance Ltd.



Great N

igeria Insurance Plc




Wapic Insurance Plc

Alliance & G

eneral Insurance Co. Ltd

OASIS Insurance Plc



Old M

utual Insurance Co. Ltd.




Investment &

Allied Ins. Plc

3,2389

8,

3

2,663,836

,3

52

66,

44

2,13

72

,05

1,852,175

21,83

,590

,03

71

8,

77

1,7654

4,

7

1,512,994

,8

91

35,

07

1,21

82

,61

1,166,417

61,16

,116

,65

71

0,

56

973,761

23

95,

32

77

58

2,7

832,525

7831,

45

09

83,

92

75,249

0

713,504

83

66,

04

65,0

56

3

621,264

5601,

97

75

15

8,6

55,3

92

7

545,159

18

53,

66

45,3

97

9

428,344

6366,

73

44

37,

78

31,0

52

1

278,619

36

22,

97

17,4

77

2

162,761

9846

,1

2,401


NEM Insurance Plc

AXA Mansard Insurance Plc



STACO Insurance Plc







Law Union &

Rock Ins. Plc



ited






KBL Insurance Ltd.




Wapic Insurance Plc

Niger Insurance Plc




OASIS Insurance Plc

NICON Insurance Plc










Investment &

Allied Ins. Plc

3,502,130

3,134,553

3,133,095

2,579,002

2,124,662

1,987,328

1,953,286

1,847,804

1,554,581

1,473,863

1,374,084

1,247,604

1,179,763

1,139,227

1,133,521

1,040,740

1,025,542

1,003,722

869,511

765,402

742,335

708,936

689,132

673,855

653,505

615,439

560,911

534,729

511,195

440,954

423,300

380,325

366,673

331,941

302,002

264,639

231,649

172,824

123,300

106,271

2,401

20

15

NEM

Insurance Plc




STACO Insurance Plc



AIICO G





Consolidated Hallm

ark Insurance Plc

Law U




NSIA Insurance Com

pany Limited


Wapic Insurance Plc

KBL Insurance Ltd.






Industrial & G


Niger Insurance Plc

FBN G

eneral Insurance Limited


NICO

N Insurance Plc


Old M


Great N


Alliance & G









Investment &

Allied Ins. Plc

3,5

45

,81

9

2,9

62

,50

2

2,9

31

,60

2

2,3

69

,26

5

1,9

70

,44

0

1,8

87

,89

0

1,8

18

,30

4

1,5

99

,25

3

1,4

96

,61

7

1,4

42

,19

6

1,3

68

,23

5

1,2

54

,01

2

1,2

10

,36

3

1,1

42

,78

4

1,0

40

,74

0

84

9,3

97

83

1,8

39

76

8,8

42

74

1,1

82

73

5,2

08

68

9,1

32

62

1,0

15

59

5,7

28

55

9,9

68

51

1,1

95

49

3,2

68

44

3,7

07

42

6,3

09

42

3,3

00

41

0,9

37

39

2,4

50

38

0,3

25

36

6,6

73

34

4,1

44

32

4,0

48

24

8,6

45

22

4,5

61

19

6,7

57

14

7,8

47

71

,99

3

2,4

01


25

FIRE INSURANCE PREMIUM INCOME, 2015

REINS

NET

DIRECT

ACCEPTED

GROSS PREMIUM REINS. CEDED WRITTEN

BUSINESS INCOME PREMIUM


1 AIICO General Insurance Co. Ltd. 1,605,318 67,401 1,672,719 911,311 761,408

2 Alliance & General Insurance Co. Ltd 183,899 739 184,638 3,416 181,222


4 AXA Mansard Insurance Plc 2,073,025 12,320 2,085,345 1,545,382 539,963

5 Consolidated Hallmark Insurance Plc 653,721 24,512 678,233 231,119 447,114

6 Cornerstone Insurance Plc 762,224 14,788 777,012 434,814 342,198

7 Custodian & Allied Insurance Plc 2,505,176 _ 2,505,176 1,908,950 596,226





12 Goldlink Insurance Plc 194,593 13,367 207,960 80,767 127,193



15 Industrial & General Insurance Plc 263,051 29,625 292,676 89,136 203,540

16 International Energy Ins. Plc 354,163 21,309 375,472 235,999 139,473

17 Investment & Allied Ins. Plc 10 _ 10 _ 10



20 Law Union & Rock Ins. Plc 701,117 _ 701,117 288,500 412,617



23 Mutual Benefits Assurance Plc 520,135 _ 520,135 143,325 376,810

24 NEM Insurance Plc 1,824,263 2,371 1,826,634 665,711 1,160,923






30 Prestige Assurance Plc 1,125,199 6,837 1,132,036 928,458 203,578


32 Royal Exchange Gen. Ins. Co. Ltd. 1,442,667 _ 1,442,667 537,225 905,442

33 Sovereign Trust Insurance Plc 956,789 10,545 967,334 174,741 792,593

34 STACO Insurance Plc 1,398,630 _ 1,398,630 615,142 783,488

35 Standard Alliance Insurance Plc 287,578 _ 287,578 50,914 236,664



38 UnityKapital Assurance Plc 225,696 484 226,180 55,258 170,922



41 Zenith Insurance Company Ltd. 1,605,556 _ 1,605,556 916,548 689,008

Total 26,874,788 484,601 27,359,389 14,087,364 13,272,025

REINSURANCE COMPANY

DIRECT BUSINESS

'000

REINS ACCEPTED

'000

GROSS PREMIUM

'000

RETROCESSION

'000

NET PREMIUM

'000

42 Continental Reinsurance Plc 6,716,207 _ 6,716,207 666,451 6,049,756

43 Nigeria Reinsurance Corporation 279,622 _ 279,622 17,684 261,938

TOTAL 6,995,829 6,995,829 684,135 6,311,694


26

MEM

BER

CO

MPA

NIES R

AN

KED

IN O

RD

ER O

F GR

OSS P

REM

IUM

INC

OM

E FR

OM

THEIR

FIRE IN

SUR

AN

CE B

USIN

ESS (20

11

-20

15

)

20

11

20

12

20

13

20

14


AIICO G





NEM

Insurance Plc

STACO Insurance Plc




Law U




NSIA Insurance Com

pany Limited

Industrial & G





OASIS Insurance Plc


Consolidated Hallm

ark Insurance Plc




Niger Insurance Plc


Great N






Wapic Insurance Plc

Old M



KBL Insurance Ltd.



NICO

N Insurance Plc


Investment &

Allied Ins. Plc

Alliance & G


2,115,550

1,696,015

1,689,847

1,254,711

1,220,322

1,197,544

952,997

942,917

878,056

740,808

727,418

678,100

583,979

501,763

484,501

445,715

442,216

423,628

406,758

398,678

381,178

375,835

317,112

278,963

263,368

256,996

222,664

215,758

214,435

212,480

206,402

187,537

160,671

131,291

118,563

92,112

86,454

68,083

24,168

7,787

184,638

Custodian & A

llied Insurance Plc

AIICO

General Insurance Co. Ltd.


Leadway A

ssurance Co. Ltd.

STACO

Insurance Plc

NEM

Insurance Plc





NSIA

Insurance Company Lim

ited


Mutual Benefits A

ssurance Plc


Law U


Consolidated Hallm

ark Insurance PlcEquity A

ssurance Plc


Union A

ssurance Co. Ltd.


Industrial & G

eneral Insurance PlcSterling A

ssurance Nigeria Ltd.

Niger Insurance Plc

UnityKapital A

ssurance Plc


OA

SIS Insurance PlcRegency A

lliance Insurance Plc

LASA

CO A

ssurance PlcG

reat Nigeria Insurance Plc


Alliance &

General Insurance Co. Ltd

KBL Insurance Ltd.

Old M

utual Insurance Co. Ltd.W

apic Insurance Plc

Anchor Insurance Com

pany Ltd.



Nigerian A

gricultural Ins. Corporation

NICO

N Insurance Plc


Investment &

Allied Ins. Plc

2,441,827

2,035,016

1,713,206

1,688,877

1,345,082

1,343,594

1,284,909

1,269,228

895,005

823,932

686,211

650,194

581,817

572,536

556,260

554,816

495,035

490,794

490,431

383,161375,686

374,401

365,893

345,254

279,659

279,092

256,513

249,943

222,664

215,758

184,638

182,440

174,340

153,882

110,206

100,454

97,542

74,982

68,083

38,107

10

2,955,148

2,178,064

1,944,276

1,662,415

1,610,715

1,495,467

1,439,276

1,144,359

936,605

663,220

657,935

639,489

630,436

622,231

620,517

548,899

546,296

478,718

461,913

452,476

425,941

330,281

306,063

292,676

274,119

273,336

252,698

247,328

247,066

242,828

242,300

207,960

199,942

184,638

176,720

142,930

136,758

116,998

108,448

72,768

10



AIICO G


STACO Insurance Plc


NEM

Insurance Plc





NSIA Insurance Com

pany Limited

Law U






Consolidated Hallm

ark Insurance Plc






Old M


Industrial & G



KBL Insurance Ltd.

Niger Insurance Plc

OASIS Insurance Plc

Great N


Wapic Insurance Plc




Alliance & G



NICO

N Insurance Plc





Investment &

Allied Ins. Plc

20

15

2,5

05

,17

6

2,2

11

,19

2

2,0

85

,34

5

1,8

26

,63

4

1,6

72

,71

9

1,6

05

,55

6

1,4

42

,66

7

1,3

98

,63

0

1,1

32

,03

6

96

7,3

34

90

6,8

95

77

7,0

12

70

1,1

17

67

8,2

33

57

3,0

18

55

2,6

63

52

0,1

35

50

2,7

90

47

8,7

18

37

5,4

72

37

1,8

00

33

5,1

89

33

4,8

34

31

4,5

41

29

2,6

76

28

7,5

78

26

6,7

78

25

4,1

61

24

7,0

66

22

6,1

80

20

7,9

60

20

5,2

80

19

9,8

08

18

4,6

38

16

1,6

74

14

2,9

30

12

9,7

25

12

2,0

44

10

2,3

33

58

,84

2




NEM

Insurance PlcAIICO




STACO Insurance Plc

Prestige Assurance PlcSovereign Trust Insurance PlcN

SIA Insurance Company Lim

itedCornerstone Insurance PlcLaw

Union &

Rock Ins. PlcConsolidated H

allmark Insurance Plc


Old M

utual Insurance Co. Ltd.M

utual Benefits Assurance PlcSterling Assurance N

igeria Ltd.Linkage Assurance PlcInternational Energy Ins. PlcEnsure Insurance PlcEquity Assurance PlcW

apic Insurance PlcFBN

General Insurance Lim

ited Industrial &

General Insurance Plc

Standard Alliance Insurance PlcKBL Insurance Ltd.N

iger Insurance PlcG





Regency Alliance Insurance PlcAlliance &



NICO

N Insurance Plc





Investment &

Allied Ins. Plc1

0


GENERAL ACCIDENT INSURANCE PREMIUM INCOME, 2015

27

REINS

NET

DIRECT

ACCEPTED

GROSS PREMIUM

REINS. CEDED

WRITTEN



1 AIICO General Insurance Co. Ltd. 2,078,610 73,450 2,152,060 886,991 1,265,069

2 Alliance & General Insurance Co. Ltd 1,052,754 7,567 1,060,321 4,038 1,056,283


4 AXA Mansard Insurance Plc 1,240,002 12,733 1,252,735 203,414 1,049,321



7 Custodian & Allied Insurance Plc 1,691,128 _ 1,691,128 251,165 1,439,963








15 Industrial & General Insurance Plc 276,356 342 276,698 11,480 265,218


17 Investment & Allied Ins. Plc 1,988 _ 1,988 _ 1,988






23 Mutual Benefits Assurance Plc 1,223,963 _ 1,223,963 166,055 1,057,908

24 NEM Insurance Plc 2,530,454 52,944 2,583,398 555,500 2,027,898


26 Niger Insurance Plc 1,748,124 2,543 1,750,667 135,576 1,615,091






32 Royal Exchange Gen. Ins. Co. Ltd. 723,883 _ 723,883 90,065 633,818


34 STACO Insurance Plc 735,074 _ 735,074 304,322 430,752




38 UnityKapital Assurance Plc 293,364 166 293,530 8,625 284,905


40 Wapic Insurance Plc 1,474,717 13,233 1,487,950 609,791 878,15941 Zenith Insurance Company Ltd. 1,811,909 _ 1,811,909 772,704 1,039,205

Total 30,061,954 509,831 30,571,785 7,089,782 23,482,003

REINSURANCE COMPANY

DIRECT BUSINESS

'000

REINS ACCEPTED

'000

GROSS PREMIUM

'000

RETROCESSION

'000

NET PREMIUM

'000

42 Continental Reinsurance Plc 1,484,189 _ 1,484,189 149,904 1,334,28543 Nigeria Reinsurance Corporation 92,835 _ 92,835 _ 92,835

TOTAL 1,577,024 1,577,024 1,427,120


28

MEM

BER

CO

MPA

NIES R

AN

KED

IN O

RD

ER O

F GR

OSS P

REM

IUM

INC

OM

E FRO

M

THEIR

GEN

ERA

L AC

CID

ENT IN

SUR

AN

CE B

USIN

ESS (20

11

-20

15

)

20

11

20

12

20

13

20

14

12345678910

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

NEM

Insurance PlcN

iger Insurance Plc

AIICO G

eneral Insurance Co. Ltd.Zenith Insurance Com

pany Ltd.Standard Alliance Insurance PlcInternational Energy Ins. PlcLeadw

ay Assurance Co. Ltd.STACO

Insurance PlcM

ansard Insurance PlcSovereign Trust Insurance Plc

Prestige Assurance PlcM

utual Benefits Assurance PlcConsolidated H




NSIA Insurance Com

pany Limited


Cornerstone Insurance PlcW

apic Insurance PlcG

oldlink Insurance PlcLaw

Union &

Rock Ins. PlcG

uinea Insurance PlcEquity Assurance PlcU

nitrust Insurance Co. Ltd.Regency Alliance Insurance PlcIndustrial &




Linkage Assurance PlcU

nion Assurance Co. Ltd.KBL Insurance Ltd.G


Old M

utual Insurance Co. Ltd.O

ASIS Insurance PlcFin Insurance Com

pany Ltd.U

niversal Insurance PlcN

igerian Agricultural Ins. Corporation


NICO

N Insurance Plc

Investment &

Allied Ins. Plc

Alliance & G


2,451,6891,877,4921,679,0901,432,8971,371,1121,285,5191,250,0231,217,4101,198,7281,152,859

923,980889,950887,723827,945

817,853786,294758,096692,022576,527571,580529,482517,917471,699421,159417,885412,919407,681383,396361,745346,979325,370312,076231,268196,089167,580156,451152,056151,41065,6618,769

1,060,321

AIICO


Niger Insurance Plc

NEM

Insurance PlcZenith Insurance Com

pany Ltd.Custodian &

Allied Insurance Plc


Sovereign Trust Insurance PlcM

utual Benefits Assurance Plc

Leadway A

ssurance Co. Ltd.Alliance &



LASA

CO A

ssurance PlcN

SIA Insurance Com

pany Limited

International Energy Ins. PlcConsolidated Hallm

ark Insurance PlcSTA

CO Insurance Plc




Old M

utual Insurance Co. Ltd.G

oldlink Insurance PlcRegency A

lliance Insurance PlcCornerstone Insurance PlcW

apic Insurance PlcEquity A

ssurance PlcU

nion Assurance Co. Ltd.

Law U





KBL Insurance Ltd.Industrial &


UnityKapital A

ssurance PlcG


Sterling Assurance N

igeria Ltd.O

ASIS Insurance Plc


pany Ltd.N

igerian Agricultural Ins. CorporationFin Insurance Com

pany Ltd.N

ICON

Insurance PlcInvestm

ent & A

llied Ins. Plc

2,048,2291,671,4511,542,7021,335,8101,306,8471,262,5161,095,8391,071,6451,065,6571,060,3211,046,920955,389866,008782,640776,323755,957725,871697,390659,869645,659571,580563,455535,573452,211422,544408,330383,745359,419355,780349,377330,918318,599317,535312,076239,498182,070172,770150,711117,31665,6611,988

12345678910

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

NEM

Insurance Plc

AIICO



Niger Insurance Plc

AXA


Wapic Insurance Plc

Sovereign Trust Insurance PlcLeadw

ay Assurance Co. Ltd.

Custodian & A

llied Insurance PlcAlliance &


NSIA


itedM




Old M

utual Insurance Co. Ltd.Standard A

lliance Insurance PlcCornerstone Insurance PlcSTA

CO Insurance Plc

International Energy Ins. PlcG

uinea Insurance PlcConsolidated H


LASA

CO A

ssurance PlcLaw

Union &

Rock Ins. PlcG




KBL Insurance Ltd.G

oldlink Insurance PlcU

nityKapital Assurance Plc


Ensure Insurance PlcU

nitrust Insurance Co. Ltd.Prestige A

ssurance PlcO

ASIS Insurance Plc

Industrial & G

eneral Insurance PlcSterling A

ssurance Nigeria Ltd.


pany Ltd.N

igerian Agricultural Ins. CorporationN

ICON

Insurance PlcFin Insurance Com

pany Ltd.Investm

ent & A

llied Ins. Plc

1,0

60

,32

1

2,186,2922,115,5711,675,3961,426,7791,237,8711,211,3761,206,3021,163,0051,153,230

988,690928,546904,535895,064885,727816,722777,172690,136644,169608,337601,212572,830517,469516,039488,403448,172396,433396,092389,484385,690384,801354,179329,091326,142276,698210,521207,165194,709136,65563,7761,988

20

15

12345678910

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

2,583,3982,152,0601,811,9091,750,6671,691,1281,487,9501,252,7351,223,9631,137,3791,060,321998,973968,989956,977810,972756,665735,074723,883672,141615,638613,992557,359516,039488,403432,854431,672421,886400,833399,650398,234396,092344,574293,530276,698250,683248,706235,276229,763136,65557,85148,225

NEM

Insurance PlcAIICO



Niger Insurance Plc


Wapic Insurance Plc




Alliance &


Cornerstone Insurance PlcSovereign Trust Insurance PlcN

SIA Insurance Company Lim

itedO

ld Mutual Insurance Co. Ltd.

Regency Alliance Insurance PlcSTACO

Insurance PlcRoyal Exchange G

en. Ins. Co. Ltd.Consolidated H


Standard Alliance Insurance PlcLASACO

Assurance PlcInternational Energy Ins. PlcG


Linkage Assurance PlcU

niversal Insurance PlcFBN

General Insurance Lim

ited G

uinea Insurance PlcLaw

Union &

Rock Ins. PlcKBL Insurance Ltd.U

nitrust Insurance Co. Ltd.G

oldlink Insurance PlcEquity Assurance PlcU

nityKapital Assurance PlcIndustrial &



Prestige Assurance PlcEnsure Insurance PlcAnchor Insurance Com

pany Ltd.N

ICON

Insurance PlcN

igerian Agricultural Ins. Corporation


Investment &

Allied Ins. Plc1,988


MARINE AND AVIATION INSURANCE PREMIUM INCOME, 2015

REINS

NET

DIRECT

ACCEPTED

GROSS PREMIUM

REINS. CEDED

WRITTEN



1 AIICO General Insurance Co. Ltd. 972,419 43,141 1,015,560 428,732 586,828



4 AXA Mansard Insurance Plc 1,256,301 3,446 1,259,747 838,172 421,575

5 Consolidated Hallmark Insurance Plc 1,887,389 78,865 1,966,254 1,474,289 491,965


7 Custodian & Allied Insurance Plc 1,058,229 _ 1,058,229 401,403 656,826





12 Goldlink Insurance Plc 203,527 221 203,748 42,008 161,740


14 Guinea Insurance Plc 46,364 _ 46,364 63,965 -17,601



17 Investment & Allied Ins. Plc _ _ _ _ _




21 Leadway Assurance Co. Ltd. 1,088,482 _ 1,088,482 372,378 716,104



24 NEM Insurance Plc 1,027,358 57,302 1,084,660 332,338 752,322





29 Old Mutual Insurance Co. Ltd. 752,918 _ 752,918 795,073 -42,155

30 Prestige Assurance Plc 411,926 840 412,766 342,626 70,140











41 Zenith Insurance Company Ltd. 1,008,563 _ 1,008,563 387,784 620,779

Total 19,009,781 517,865 19,527,646 9,070,880 10,456,766

REINSURANCE COMPANY

DIRECT BUSINESS

'000

REINS ACCEPTED

'000

GROSS PREMIUM

'000

RETROCESSION

'000

NET PREMIUM

'000

42 Continental Reinsurance Plc 1,481,433 _ 1,481,433 94,061 1,387,372

43 Nigeria Reinsurance Corporation 89,621 _ 89,621 18,259 71,362

TOTAL 1,571,054 1,571,054 112,320 1,458,734

29


30

MEM

BER

COM

PAN

IES RA

NK

ED IN

OR

DER

OF G

RO

SS PR

EMIU

M IN

COM

E FRO

M TH

EIR

MA

RIN

E AN

D A

VIA

TION

INSU

RA

NC

E BU

SINESS (2011-2015)

20

112

01

22

01

32

01

4


NEM

Insurance Plc













STACO Insurance Plc

NSIA Insurance Com

pany Limited

Law U







KBL Insurance Ltd.



Old M


Niger Insurance Plc

Wapic Insurance Plc

NICO

N Insurance Plc

OASIS Insurance Plc










Investment &

Allied Ins. Plc


1,651,737

1,471,421

1,212,883

1,155,392

1,148,527

1,047,678

1,027,443

808,321

795,566

732,102

714,137

710,282

700,992

698,305

683,835

614,834

583,487

424,059

382,486

352,143

341,312

301,890

294,735

292,091

290,139

259,463

254,296

214,720

169,647

145,092

144,136

136,444

129,379

123,049

111,333

104,334

90,197

88,274

9,040

627

552,112

23456789

1011121314151617181920212223242526272829303132333435363738394041 1M



NEM

Insurance Plc





NSIA Insurance Com

pany Limited



STACO Insurance Plc




Old M




Law U






KBL Insurance Ltd.





Wapic Insurance Plc

NICO

N Insurance Plc

Niger Insurance Plc







OASIS Insurance Plc




Investment &

Allied Ins. Plc

1,840,819

1,272,850

1,187,072

1,040,259

951,825

950,363

838,305

744,571

712,172

651,377

632,049

601,901

552,112

540,044

516,375

497,902

497,320

383,130

382,522

352,143

337,569

330,270

302,809

279,405

278,929

274,368

237,848

194,988

169,647

167,488

139,636

134,301

127,035

116,825

109,092

90,197

87,513

87,500

58,118

16,882

_

AXA


Leadway A

ssurance Co. Ltd.


NEM

Insurance Plc

Consolidated Hallm

ark Insurance Plc

Custodian & A

llied Insurance Plc

AIICO



Old M


STACO

Insurance Plc

NSIA


ited

Mutual Benefits A

ssurance Plc




Alliance & G




Law U




Industrial & G



Wapic Insurance Plc


KBL Insurance Ltd.

UnityKapital A

ssurance Plc



OA

SIS Insurance Plc



igeria Ltd.


LASA

CO A

ssurance Plc

Niger Insurance Plc


pany Ltd.

Great N


NICO

N Insurance Plc



Investment &

Allied Ins. Plc

1,528,364

1,438,826

1,332,008

1,301,437

1,133,332

1,055,088

964,978

816,008

772,101

721,217

670,455

635,366

614,999

608,253

596,526

552,112

542,274

537,891

459,865

447,287

444,986

397,829

383,526

337,408

320,967

295,836

227,680

203,748

181,275

162,943

157,500

151,668

135,532

124,454

117,353

102,663

98,416

89,655

45,718

7,539

23456789

1011121314151617181920212223242526272829303132333435363738394041 1

20

15

Consolidated Hallm

ark Insurance Plc

AXA


Leadway A

ssurance Co. Ltd.

NEM

Insurance Plc

Custodian & A

llied Insurance Plc

AIICO



Old M


STACO

Insurance Plc

NSIA


ited



Mutual Benefits A

ssurance Plc

Alliance &




Law U





Industrial & G


Wapic Insurance Plc



KBL Insurance Ltd.





igeria Ltd.

UnityKapital A

ssurance Plc


Niger Insurance Plc

Great N



pany Ltd.

FBN G


NICO

N Insurance Plc

LASA

CO A

ssurance Plc



Nigerian A

gricultural Ins. Corporation

Investment &

Allied Ins. Plc

1,9

66

,25

4

1,2

59

,74

7

1,0

88

,48

2

1,0

84

,66

0

1,0

58

,22

9

1,0

15

,56

0

1,0

08

,56

3

75

2,9

18

75

1,3

13

71

9,6

63

66

2,1

20

61

6,8

20

60

6,4

55

55

2,1

12

54

9,0

63

52

4,6

92

51

5,9

40

44

4,9

86

43

7,8

31

41

2,7

66

39

7,8

29

38

7,3

57

36

0,2

90

32

2,7

36

28

4,4

86

23

3,9

90

20

3,7

48

19

1,4

95

18

3,9

83

13

8,6

21

12

1,5

04

10

6,6

56

98

,41

6

98

,20

5

95

,19

4

89

,65

5

85

,48

2

46

,36

4

35

,61

7

17

,84

4

_

23456789

1011121314151617181920212223242526272829303132333435363738394041 1


WORKMEN COMPENSATION INSURANCE PREMIUM INCOME 2015

REINS

NET

DIRECT

ACCEPTED

GROSS PREMIUM

REINS. CEDED

WRITTEN



1 AIICO General Insurance Co. Ltd. 141,848 1,270 143,118 74,901 68,217

2 Ensure Insurance Plc 18,336 _ 18,336 _ 18,336

3 Great Nigeria Insurance Plc 8,632 _ 8,632 _ 8,632

4 KBL Insurance Ltd. 327 _ 327 _ 327

5 NICON Insurance Plc 5,440 _ 5,440 _ 5,440

6 Prestige Assurance Plc 26,332 _ 26,332 _ 26,332

7 Regency Alliance Insurance Plc 3,256 _ 3,256 334 2,922

Total 204,171 1,270 205,441 75,235 130,206

31


MEM

BER COM

PAN

IES RAN

KED IN

ORD

ER OF G

ROSS PREM

IUM

INCO

ME FRO

M TH

EIR W

ORKM

EN CO

MPEN

SATION

INSU

RAN

CE BUSIN

ESS (2011-2015)

AIIC

O G


International Energy Ins. P

lcP

restige Assurance P

lcR

egency Alliance Insurance P

lcN

ICO

N Insurance P

lcK

BL Insurance Ltd.

Great N


26

6,4

44

119,8

13

53

,81

7

20

,61

4

17

,97

8

12

,48

3

11,4

55

AIICO

General Insurance C

o. Ltd.

Union A

ssurance Co. Ltd.



NICO

N Insurance Plc

Great N


KBL Insurance Ltd.


225,969

53,062

34,277

20,659

17,978

11,455

2,576

_

20

112

01

22

01

32

01

4

AIICO

General Insurance C

o. Ltd.



Great N


NICO

N Insurance Plc


KBL Insurance Ltd.

18

8,8

63

31

,20

4

30

,29

4

8,6

32

5,4

40

5,2

27

38

9

20

15

AIICO

General Insurance C

o. Ltd.



Great N


NICO

N Insurance Plc


KBL Insurance Ltd.

14

3,1

18

26

,33

2

18

,33

6

8,6

32

5,4

40

3,2

56

32

7

32


33


OIL AND GAS INSURANCE PREMIUM INCOME 2015

REINSNET

DIRECT ACCEPTED

GROSS PREMIUM

REINS. CEDED

WRITTEN



1 AIICO General Insurance Co. Ltd. 1,614,929 2,313 1,617,242 863,118 754,124



4 AXA Mansard Insurance Plc 3,060,314 6,450 3,066,764 2,816,287 250,477

5 Consolidated Hallmark Insurance Plc 1,289,549 17,488 1,307,037 803,946 503,091

6 Cornerstone Insurance Plc 1,075,338 _ 1,075,338 626,665 448,673

7 Custodian & Allied Insurance Plc 6,149,174 _ 6,149,174 5,687,892 461,282





12 Goldlink Insurance Plc 391,690 _ 391,690 153,039 238,651


14 Industrial & General Insurance Plc 1,940,422 _ 1,940,422 1,217,854 722,568

15 International Energy Ins. Plc 1,444,648 4,584 1,449,232 558,365 890,867

16 KBL Insurance Ltd. 18,179 132 18,311 11,346 6,965

17 LASACO Assurance Plc 1,556,846 _ 1,556,846 2,392,596 -835,750


19 Leadway Assurance Co. Ltd. 6,557,647 _ 6,557,647 8,693,570 -2,135,923


21 Mutual Benefits Assurance Plc 6,343,753 _ 6,343,753 5,449,707 894,046

22 NEM Insurance Plc 1,304,387 1,391 1,305,778 521,995 783,783





27 Prestige Assurance Plc 190,575 728 191,303 106,274 85,029

28 Regency Alliance Insurance Plc 1,002,465 _ 1,002,465 513,947 488,518

29 Royal Exchange Gen. Ins. Co. Ltd. 1,931,881 _ 1,931,881 1,078,317 853,564

30 Sovereign Trust Insurance Plc 2,848,520 977 2,849,497 2,212,578 636,919





35 UnityKapital Assurance Plc 1,323,998 _ 1,323,998 453,247 870,751

36 Wapic Insurance Plc 2,114,176 29,387 2,143,563 727,837 1,415,72637 Zenith Insurance Company Ltd. 1,586,309 _ 1,586,309 802,582 783,727

Total 50,952,823 167,387 51,120,210 39,062,691 12,057,519

REINSURANCE COMPANY

DIRECT BUSINESS

'000

REINS ACCEPTED

'000

GROSS PREMIUM

'000

RETROCESSION

'000

NET PREMIUM

'000

38 Continental Reinsurance Plc 2,199,322 _ 2,199,322 475,760 1,723,56239 Nigeria Reinsurance Corporation 45,405 _ 45,405 35,958 9,447

TOTAL 2,244,727 _ 2,244,727 511,718 1,733,009

34


MEM

BER

CO

MPA

NIES R

AN

KED

IN O

RD

ER O

F GR

OSS P

REM

IUM

INC

OM

E FRO

M T

HEIR

O

IL AN

D G

AS IN

SUR

AN

CE B

USIN

ESS (20

11

-20

15

)

16,969,898

13,212,078

4,420,221

3,392,039

2,414,206

2,290,068

2,247,879

2,014,556

1,946,641

1,938,870

1,579,479

1,524,120

1,210,519

1,209,845

1,208,333

968,055

962,180

908,346

853,393

845,982

766,832

602,065

576,384

570,967

323,794

297,131

284,132

246,133

230,503

214,710

210,603

129,980

111,733

64,245

49,685

18,143

17,614,355

6,985,846

3,555,458

2,863,274

2,824,311

2,816,925

2,151,487

1,764,014

1,478,003

1,172,796

1,085,531

974,240

958,453

877,246

734,140

727,754

640,038

637,684

623,709

614,318

586,039

570,967

500,629

452,874

329,466

312,319

269,603

246,133

231,696

204,590

197,924

195,921

187,164

140,056

111,733

53,240

1234567891011

12131415161718192021

22232425262728293031

3233343536

Leadway Assurance C

o. Ltd.C

ustodian & Allied Insurance PlcIndustrial & G

eneral Insurance PlcSovereign Trust Insurance PlcM

ansard Insurance PlcAIIC

O G


International Energy Ins. PlcR

oyal Exchange Gen. Ins. C

o. Ltd.LASAC

O Assurance Plc


Zenith Insurance Com

pany Ltd.N

EM Insurance Plc

STACO

Insurance PlcStandard Alliance Insurance PlcR

egency Alliance Insurance PlcM

utual Benefits Assurance PlcLinkage Assurance PlcC

ornerstone Insurance PlcC

onsolidated Hallm

ark Insurance PlcU

nityKapital Assurance PlcW

apic Insurance PlcG

oldlink Insurance PlcAnchor Insurance C

ompany Ltd.

Law U


Equity Assurance PlcUnitrust Insurance Co. Ltd.KBL Insurance Ltd.G

reat Nigeria Insurance PlcNSIA Insurance Com

pany Limited

Prestige Assurance PlcO

ASIS Insurance PlcF

in Insurance Com

pany Ltd.

Union Assurance Co. Ltd.O

ld Mutual Insurance Co. Ltd.

NICON Insurance Plc

Nigerian Agricultural Ins. CorporationAlliance & G

eneral Insurance Co. Ltd64,245

3334353637





Industrial & G


AIICO G







NEM

Insurance Plc

Wapic Insurance Plc



STACO Insurance Plc

Consolidated Hallm

ark Insurance Plc






Law U





OASIS Insurance Plc

Great N


NSIA Insurance Com

pany Limited


Old M



NICO

N Insurance Plc

Alliance & G



KBL Insurance Ltd.

20

112

01

22

01

32

01

42

01

5







Industrial & G


AIICO G




NEM

Insurance Plc


Wapic Insurance Plc



Consolidated Hallm

ark Insurance Plc

Law U





Regency Alliance Insurance PlcLinkage Assurance Plc

STACO Insurance Plc

OASIS Insurance Plc


NSIA Insurance Com

pany Limited

Old M







Great N


NICO

N Insurance Plc

Alliance & G



KBL Insurance Ltd.

7,7

19

,71

3

7,0

45

,43

5

5,9

14

,07

8

4,3

37

,70

3

2,7

24

,99

3

2,3

46

,85

3

1,9

40

,42

2

1,9

24

,04

0

1,7

48

,62

2

1,5

22

,45

2

1,3

30

,53

5

1,3

21

,40

6

1,2

28

,68

2

1,1

25

,00

2

1,0

75

,97

3

1,0

59

,96

5

99

8,5

41

76

0,2

43

71

8,4

94

71

8,3

65

71

2,6

97

69

4,2

61

67

8,8

95

47

4,0

36

39

1,6

90

37

1,9

44

35

4,8

48

34

8,3

96

27

0,1

52

23

1,1

62

22

6,3

24

18

8,3

42

14

5,1

64

11

0,4

77

64

,24

5

37

,25

4

9,4

95

3334353637






Wapic Insurance Plc

Industrial & G



AIICO G







NEM

Insurance Plc





Law U





STACO Insurance Plc

NSIA Insurance Com

pany Limited

Old M


FBN G







Great N


NICO

N Insurance Plc


Alliance & G


KBL Insurance Ltd.

6,557,647

6,343,753

6,149,174

3,066,764

2,849,497

2,143,563

1,940,422

1,931,881

1,617,242

1,586,309

1,556,846

1,449,232

1,323,998

1,307,037

1,305,778

1,075,338

1,002,465

820,469

748,048

713,924

694,261

671,296

620,499

612,508

446,059

427,890

423,173

391,690

282,032

240,426

225,818

191,303

145,164

110,477

65,671

64,245

18,311

3334353637

35


ENGINEERING INSURANCE PREMIUM INCOME 2015

REINS

NET

DIRECT

ACCEPTED

GROSS PREMIUM

REINS. CEDED

WRITTEN



1 Alliance & General Insurance Co. Ltd 139,322 264 139,586 3,416 136,170


3 AXA Mansard Insurance Plc 766,687 2,327 769,014 715,600 53,414


5 Custodian & Allied Insurance Plc 580,317 _ 580,317 264,144 316,173






11 Great Nigeria Insurance Plc 16,003 _ 16,003 -698 16,701





16 Leadway Assurance Co. Ltd. 759,775 _ 759,775 323,296 436,479



19 Old Mutual Insurance Co. Ltd. 94,307 _ 94,307 106,292 -11,985

20 Prestige Assurance Plc 57,059 1,630 58,689 60,908 -2,219









29 Wapic Insurance Plc 84,054 5,998 90,052 98,305 -8,25330 Zenith Insurance Company Ltd. 299,959 _ 299,959 241,885 58,074

Total 6,578,111 87,919 6,666,029 3,140,613 3,525,416

REINSURANCE COMPANY

DIRECT BUSINESS

'000

REINS ACCEPTED

'000

GROSS PREMIUM

'000

RETROCESSION

'000

NET PREMIUM

'000

31 Continental Reinsurance Plc _ _ _ _ _32 Nigeria Reinsurance Corporation _ _ _ _ _

TOTAL _ _ _ _ _

36


37

MEMBER COMPANIES RANKED IN ORDER OF GROSS PREMIUM INCOME FROM THEIR DIRECT ENGINEERING INSURANCE BUSINESS (2015)

GROSS

PREMIUM

S/N COMPANY '000

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30







NSIA Insurance Company Limited







STACO Insurance Plc






FBN General Insurance Limited


Wapic Insurance Plc



KBL Insurance Ltd.






769,014

759,775

580,317

506,923

339,436

299,959

289,847

287,389

262,599

259,243

238,594

221,822

219,910

209,850

142,135

139,586

132,540

132,053

100,474

96,163

94,307

90,052

88,256

84,269

83,197

69,098

58,689

56,305

38,224

16,003


MISCELLANEOUS INSURANCE PREMIUM INCOME 2015

REINS

NET

DIRECT

ACCEPTED

GROSS PREMIUM

REINS. CEDED

WRITTEN



1 Alliance & General Insurance Co. Ltd 1,275 145 1,420 3,416 -1,996

2 Anchor Insurance Company Ltd. 332,022 564 332,586 68,594 263,992

3 AXA Mansard Insurance Plc 5,549 _ 5,549 168 5,381

4 Consolidated Hallmark Insurance Plc 19,640 _ 19,640 6,070 13,570

5 Custodian & Allied Insurance Plc 3,050 _ 3,050 2,611 439

6 Equity Assurance Plc 106,224 _ 106,224 29,456 76,768



9 Goldlink Insurance Plc 61,437 _ 61,437 13,266 48,171

10 KBL Insurance Ltd. 7,397 _ 7,397 1,022 6,375



13 Leadway Assurance Co. Ltd. 717,068 _ 717,068 421,209 295,859






19 Prestige Assurance Plc 112,057 _ 112,057 4,743 107,314





24 Sterling Assurance Nigeria Ltd. 26,327 157 26,484 4,403 22,081


26 UnityKapital Assurance Plc 487 3,997 4,484 351 4,133

27 Zenith Insurance Company Ltd. 490,982 _ 490,982 14,401 476,581

Total 3,190,825 4,863 3,195,688 871,679 2,324,009

REINSURANCE COMPANY

DIRECT BUSINESS

'000

REINS ACCEPTED

'000

GROSS PREMIUM

'000

RETROCESSION

'000

NET PREMIUM

'000

28 Continental Reinsurance Plc 818,883 _ 818,883 _ 818,883

29 Nigeria Reinsurance Corporation 64,275 _ 64,275 _ 64,275

TOTAL 883,158 883,158 883,158

38


MEM

BER

COM

PAN

IES RA

NK

ED IN

OR

DER

OF G

RO

SS PREM

IUM

INCO

ME FR

OM

THEIR

M

ISCELLAN

EOU

S INSU

RA

NCE B

USIN

ESS (2011-2015)

20

112

01

22

01

32

01

4

1234567891011

12131415161718192021

22232425262728293031

Leadway Assurance C

o. Ltd.

Unitrust Insurance C

o. Ltd.

Law U


Sovereign Trust Insurance PlcAnchor Insurance C

ompany Ltd.

Nigerian Agricultural Ins. C

orporationC

ustodian & Allied Insurance PlcZenith Insurance C

ompany Ltd.

Standard Alliance Insurance PlcPrestige Assurance PlcM

ansard Insurance PlcSTAC

O Insurance Plc

Fin Insurance Com

pany Ltd.


NSIA Insurance C

ompany Lim

ited


Consolidated H


Union Assurance C

o. Ltd.



Royal Exchange G

en. Ins. Co. Ltd.


NIC

ON

Insurance Plc




OASIS Insurance Plc

Wapic Insurance Plc

KBL Insurance Ltd.

Great N

igeria Insurance PlcO

ld Mutual Insurance C

o. Ltd.

Alliance & General Insurance C

o. Ltd

1,4

59,9

75

522,1

75

488,1

23

477,6

02

460,4

87

453,5

80

415,7

14

380,0

51

345,2

70

342,3

88

341,4

82

277,8

46

261,2

24

228,7

31

207,5

06

206,2

78

190,4

14

180,1

30

171,7

87

156,3

20

152,4

98

147,3

12

117,7

60

116,2

99

114,11

3

112,6

37

98,1

35

81,7

47

60,6

16

58,9

06

42,1

04

141,0

08









Law Union &

Rock Ins. Plc








ited

STACO Insurance Plc









NICON Insurance Plc

KBL Insurance Ltd.

Wapic Insurance Plc

OASIS Insurance Plc



1,218,771

943,861

583,544

506,992

423,766

419,912

412,561

402,520

377,941

328,473

301,957

281,656

278,217

262,604

255,677

251,094

211,509

209,857

206,278

192,846

172,410

171,700

145,570

141,008

139,513

117,760

75,182

63,813

63,180

58,906

50,880

20

15








Industrial & G




Law U



Wapic Insurance Plc





STACO Insurance Plc

NSIA Insurance Com

pany Limited




Alliance & G


KBL Insurance Ltd.

Consolidated Hallm

ark Insurance Plc


Old M




OASIS Insurance Plc

NICO

N Insurance Plc

Great N


1,836,534

1,276,975

1,060,819

771,988

662,440

578,195

536,447

506,923

465,334

407,256

366,206

364,390

341,888

299,692

287,797

267,504

259,243

224,004

214,716

196,981

181,196

174,339

141,008

134,521

134,406

130,535

130,347

117,095

86,666

52,430

38,798

16,003








NICON Insurance Plc






STACO Insurance Plc



ited






KBL Insurance Ltd.

FBN General Insurance Limited





717,068

689,214

490,982

332,586

112,057

106,224

91,834

81,508

72,896

63,923

63,684

61,437

53,321

52,347

40,816

30,147

28,893

26,484

20,285

19,640

11,580

7,397

6,862

5,549

4,484

3,050

1,420

39


40

PREMIUM INCOME, NET CLAIMS, MANAGEMENT EXPENSES, TOTAL INVESTMENT AND

INVESTMENT INCOME OF NON-LIFE INSURANCE COMPANIES 2015

TOTAL 13,325,904 11,867,828 5,918,469 2,119,856 29,034,777 1,131,299

S/NO NAME OF COMPANY

GROSS PREMIUM

'000

NET WRITTEN

PREMIUM ‘000

NET CLAIM

'000

MANAGEMENT

EXPENSES

'000

TOTAL

INVESTMENT‘000

INVESTMENT

INCOME '000

1 AIICO General Insurance Co. Ltd. 8,199,952 4,835,581 1,523,430 2,639,439 8,578,587 707,863

2 Alliance & General Insurance Co. Ltd 2,368,997 2,070,797 136,784 371,185 4,879,972 21,346

3 Anchor Insurance Company Ltd. 2,342,038 1,879,377 504,746 843,877 3,492,184 176,561

4 AXA Mansard Insurance Plc 11,370,756 5,181,326 3,187,217 2,034,948 14,050,716 973,185

5 Consolidated Hallmark Insurance Plc 6,039,452 3,381,960 958,014 1,126,381 4,640,958 402,048

6 Cornerstone Insurance Plc 4,785,770 3,324,396 1,251,238 1,497,325 8,593,944 414,365

7 Custodian & Allied insurance Plc 14,356,339 5,746,710 2,596,481 1,999,057 15,144,854 1,735,971

8 Ensure Insurance Plc 1,513,635 1,119,784 386,210 1,360,281 6,374,757 116,762

9 Equity Assurance Plc 2,476,047 1,486,929 473,350 1,832,542 4,528,280 409,581

10 FBN General Insurance Limited 1,811,112 1,068,219 205,271 707,745 3,106,668 270,645

11 Fin Insurance Company Ltd. 757,594 478,136 159,679 679,403 4,308,072 622,192

12 Goldlink Insurance Plc 2,370,765 1,980,189 789,887 1,256,925 89,957 23,320

13 Great Nigeria Insurance Plc 1,411,645 1,118,889 474,112 817,522 2,867,667 121,183

14 Guinea Insurance Plc 870,287 617,517 269,135 705,954 2,450,932 200,721

15 Industrial & General Insurance Plc 3,925,743 2,323,170 490,247 1,110,750 9,614,839 158,893

16 International Energy Ins. Plc 3,847,583 2,671,766 1,225,156 1,670,949 4,308,828 62,971

17 Investment & Allied Ins. Plc 4,399 4,399 4,838 169,499 327,138 40,945

18 KBL Insurance Ltd. 1,801,328 1,294,307 434,773 700,302 4,259,484 393,598

19 LASACO Assurance Plc 2,938,266 216,120 -36,950 1,258,002 11,186,493 365,296

20 Law Union & Rock Ins. Plc 3,858,097 2,713,526 1,081,500 1,338,616 5,479,328 489,128

21 Leadway Assurance co. Ltd. 15,434,045 4,534,828 4,425,413 3,618,484 27,554,308 1,561,413

22 Linkage Assurance Plc 3,054,743 1,876,534 552,964 1,005,490 15,832,426 1,011,788

23 Mutual Benefits Assurance Plc 10,541,503 4,581,656 1,087,324 2,690,917 7,021,543 729,417

24 NEM Insurance Plc 10,346,291 8,270,205 3,799,062 2,139,140 7,333,463 676,398

25 NICON Insurance Plc 947,255 851,493 484,880 872,203 3,285,851 57,186

26 Niger insurance Plc 2,604,752 2,319,047 654,818 999,408 4,037,137 246,388

27 Nigerian Agricultural ins. Corporation 1,037,268 864,783 3,495 1,104,912 7,422,334 394,889

28 NSIA Insurance Company Limited 4,198,985 2,329,845 869,290 1,284,487 6,065,681 641,889

29 Old Mutual Insurance Co. Ltd. 3,104,096 1,245,958 123,331 1,292,341 5,612,468 354,376

30 Prestige Assurance Plc 2,430,533 924,893 1,024,552 417,995 5,860,243 532,637

31 Regency Alliance Insurance Plc 3,329,094 2,269,002 447,101 821,864 4,094,312 191,826

32 Royal Exchange Gen. Ins. Co. Ltd. 6,888,637 4,631,228 1,475,756 1,626,810 11,978,074 313,784

33 Sovereign Trust Insurance Plc 7,132,224 4,074,106 1,506,511 1,425,791 4,928,957 258,866

34 STACO Insurance Plc 5,730,161 4,262,680 1,620,794 2,021,335 5,578,246 293,970

35 Standard Alliance Insurance Plc 2,956,271 2,353,697 777,410 1,405,420 2,752,455 197,132

36 Sterling Assurance Nigeria Ltd. 2,480,611 1,831,272 512,338 935,406 2,904,491 118,717

37 Unitrust Insurance Co. Ltd. 2,456,292 1,277,468 568,873 593,211 7,433,559 907,596

38 UnityKapital Assurance Plc 2,651,719 2,063,127 428,896 1,060,031 7,662,070 497,674

39 Universal Insurance Plc 728,685 586,369 171,075 579,242 5,841,193 166,866

40 Wapic Insurance Plc 5,212,598 3,345,501 862,820 2,454,948 14,532,076 746,137

41 Zenith General Insurance Co.Ltd. 8,171,513 4,821,182 830,306 1,360,308 20,095,327 3,701,210

TOTAL 178,487,081 102,827,972 38,342,127 53,830,445 296,109,872 21,306,733

REINSURANCE COMPANY

42 Continental Reinsurance Plc 12,700,035 11,313,859 5,500,794 1,753,770 14,473,568 902,941

43 Nigeria Reinsurance Corporation 625,869 553,969 417,675 366,086 14,561,209 228,358

NIGERIA INSURANCE DIGEST 2015NIGERIA INSURANCE DIGEST 2015

41

GROSS CLAIMS PAID NON-LIFE INSURANCE BUSINESS 2015

MOTOR FIRE GEN. ACCIDENT M & A WC OIL AND GAS ENGINEERING MISC. TOTAL

INSURANCE INSURANCE INSURANCE INSURANCE INSURANCE INSURANCE INSURANCE INSURANCE GROSS CLAIMS

BUSINESS BUSINESS BUSINESS BUSINESS BUSINESS BUSINESS BUSINESS BUSINESS PAID

S/NO NAME OF COMPANY '000 '000 '000 '000 '000 '000 000 '000 000

1 AIICO General Insurance Co. Ltd. 905,589 987,380 901,678 528,363 121,720 220,013 _ _ 3,664,743

2 Alliance & General Insurance Co. Ltd 19,997 -19,468 -36,990 210,077 _ -12,821 -20,425 -3,586 136,784

3 Anchor Insurance Company Ltd. 140,148 134,828 84,854 27,144 _ 2,919 378 97,748 488,019

4 AXA Mansard Insurance Plc 1,865,462 901,422 488,590 227,626 _ 803,584 217,853 _ 4,504,537

5 Consolidated Hallmark Insurance Plc 486,209 254,448 225,812 198,106 _ 61,370 26,639 8,295 1,260,879

6 Cornerstone Insurance Plc 474,635 394,396 390,540 142,798 _ 93,973 _ _ 1,496,342

7 Custodian & Allied insurance Plc 1,009,171 1,385,352 436,777 507,690 _ -56,450 331,659 -21,230 3,592,969

8 Ensure Insurance Plc 208,680 376,036 170,021 47,525 _ 45,367 67,031 8,190 922,850

9 Equity Assurance Plc 301,438 294,530 145,114 138,702 _ 68,783 41,410 _ 989,977

10 FBN General Insurance Limited 166,134 48,398 114,763 22,752 _ 19,329 26,854 _ 398,230

11 Fin Insurance Company Ltd. 41,842 8,909 8,649 2,029 _ 90,538 32,612 114,196 298,775

12 Goldlink Insurance Plc 273,242 160,634 168,147 33,523 _ 125,360 14,368 1,875 777,149

13 Great Nigeria Insurance Plc 114,275 61,772 150,485 13,774 5,554 40,142 1,313 _ 387,315

14 Guinea Insurance Plc 65,255 28,928 114,487 6,066 _ _ _ _ 214,736

15 Industrial & General Insurance Plc 109,140 44,434 89,776 29,245 _ 297,610 31,465 _ 601,670

16 International Energy ins. Plc 481,084 439,505 155,019 293,138 _ 159,539 _ _ 1,528,285

17 Investment & Allied Ins. Plc 210 _ 249 960 _ _ _ _ 1,419

18 KBL Insurance Ltd. 259,999 96,878 135,894 140,229 290 8,312 12,380 15,026 669,008

19 LASACO Assurance Plc 79,022 61,298 109,400 28,096 _ 128,822 69,026 _ 475,664

20 Law Union & Rock Ins. Plc 499,384 132,994 83,123 166,693 _ 45,577 200,029 56,504 1,184,304

21 Leadway Assurance co. Ltd. 1,833,013 1,344,955 397,390 707,485 _ 742,581 335,471 277,029 5,637,924

22 Linkage Assurance Plc 219,099 334,433 245,827 25,292 _ 205,413 63,329 _ 1,093,393

23 Mutual Benefits Assurance Plc 675,333 38,984 613,611 68,857 _ 68,815 _ 1,672 1,467,272

24 NEM Insurance Plc 1,246,805 1,032,684 1,532,272 533,734 _ 130,061 _ _ 4,475,556

25 NICON Insurance Plc 73,547 3,802 21,391 2,531 _ _ _ 1,549 102,820

26 Niger insurance Plc 61,097 96,510 278,773 163,559 _ _ _ _ 599,939

27 Nigerian Agricultural ins. Corporation 13,291 7,526 10,395 36,277 _ 10,774 _ 128,007 206,270

28 NSIA Insurance Company Limited 430,834 350,311 302,304 32,517 _ 28,488 107,459 -6,900 1,245,013

29 Old Mutual Insurance Co. Ltd. 153,420 152,961 152,068 40,615 _ 2,905 13,116 _ 515,085

30 Prestige Assurance Plc 136,258 1,632,933 81,321 1,391,765 47,512 55,050 43,015 59,309 3,447,163

31 Regency Alliance Insurance Plc 122,452 55,791 187,347 67,089 815 120,428 39,345 796 594,063

32 Royal Exchange Gen. Ins. Co. Ltd. 691,053 105,396 143,913 438,174 _ -164,782 141,495 746,664 2,101,913

33 Sovereign Trust Insurance Plc 586,286 454,844 233,015 187,806 _ 240,347 34,112 _ 1,736,410

34 STACO Insurance Plc 652,504 787,828 296,110 252,975 _ 90,652 _ 30,730 2,110,799

35 Standard Alliance Insurance Plc 176,485 211,725 71,673 151,321 _ 241,496 33,555 303 886,558

36 Sterling Assurance Nigeria Ltd. 213,284 100,618 297,758 38,192 _ 43,849 38,382 42,041 774,124

37 Unitrust Insurance Co. Ltd. 244,611 246,399 161,894 17,546 _ 19,729 91,553 2,676 784,408

38 UnityKapital Assurance Plc 157,982 68,233 216,785 49,627 _ 79,924 16,854 _ 589,405

39 Universal Insurance Plc 25,648 33,305 97,860 8,104 _ _ _ _ 164,917

40 Wapic Insurance Plc 323,829 33,318 247,835 55,945 _ 118,723 7,830 _ 787,480

41 Zenith General Insurance Co.Ltd. 710,304 361,701 272,025 221,680 _ 47,886 86,189 35,375 1,735,160

TOTAL 16,248,051 13,246,931 9,797,955 7,255,627 175,891 4,224,306 2,104,297 1,596,269 54,649,327

REINSURANCE COMPANY

42 Continental Reinsurance Plc _ 2,654,045 523,680 1,368,178 _ 379,733 _ 731,200 5,656,836

43 Nigeria Reinsurance Corporation 40,447 148,070 28,880 48,581 _ 24,617 _ 29,353 319,948

TOTAL 40,447 2,802,115 552,560 1,416,759 _ 404,350 _ 760,553 5,976,784


34,722,397

46,128,350

58,644,860

51,061,483

21.28

25.32

31.29

27.61

COMPARATIVE STATISTICS OF GROSS PREMIUM INCOME, CLAIMS AND MANAGEMENT EXPENSES OF NON-LIFE INSURANCE COMPANIES (2011-2015)

The table below shows the analysis of gross premium income, gross claims paid, management expenses, claims ratio and expense ratio in non-life business for five consecutive years.

The gross premium includes contribution from Motor, Fire, General Accident, Marine and Aviation, Oil and Gas, Workmen compensation and miscellaneous Insurance Business between 2011 to 2015.

Management expenses includes underwriting expense, salaries, rents and other excluding commissions to agents. A total of N178.49billion was generated as gross premium for 2015 compared to N184.97billion in 2015 representing a percentage decrease of 3.50%.

The Gross claims increased from N51.06billion in 2014 to N54.65billion in 2015 representing a percentage increase of 7.03% while management expenses increased from N52.12billion in 2014 to N53.65billion in 2015 representing a percentage increase of 3.27%

2011

2012

2013

2014

163,193,857

182,172,874

187,419,363

184,967,767

22.53

26.47

25.93

28.18

36,766,426

48,217,866

48,591,646

52,124,880

42

2015 178,487,081 54,649,328 53,830,445 30.62 30.16

0

20,000,000

40,000,000

60,000,000

80,000,000

100,000,000

120,000,000

140,000,000

160,000,000

180,000,000

200,000,000

2011 2012 2013 2014 2015

GROSS PREMIUM '000

GROSS CLAIM PAID '000

MANAGEMENT EXPENSES '000


43

Gross premium income for this purpose is an insurance written by the company itself, or co-insured with other companies or sold through agents and brokers and do not include reinsurance accepted locally and abroad.

The table below shows the trend in Gross premium income receipt in direct business over a period of the years, 2006-2015

A comparison of 2014 and 2015 shows an increase in Gross premium income for only Marine & Aviation Insurance business while other classes experienced decrease in premium income.

The total Gross premium income decrease from N184.97billion in 2014 to N178.49 billion in 2015, a 3.50 percent decrease.

2005-2014 GROSS PREMIUM INCOMES

GROSS PREMIUM INCOME OF NON-LIFE MEMBER COMPANIES (2006-2015)

2006-2015 GROSS PREMIUM INCOMES

YEAR MOTOR FIREGENERALACCIDENT MARINE & AVIATION MISCELLANEOUS OIL & GAS ENGINEERING TOTAL

WORKMEN`S

COMPENSATION

`000 `000 `000 `000 `000 `000 `000 000 `000

9,633,228 11,764,034 7,721,532 914,830 5,320,587 14,895,767 _ 67,145,906

10,160,143 15,838,753 11,072,238 983,841 7,948,780 12,941,266 _ 83,924,077

15,618,399 22,535,583 17,231,092 719,870 9,136,857 17,402,586 _ 120,931,883

16,536,188 23,919,005 16,727,575 1,703,567 8,982,019 31,577,402 _ 144,660,899

19,293,160 28,591,643 20,097,368 903,247 8,952,187 26,095,218 _ 145,969,093

19,863,584 29,593,631 23,400,508 630,823 10,930,711 34,121,742 _ 163,193,857

21,788,018 29,746,702 20,967,940 502,604 8,599,721 55,754,181 _ 182,172,874

24,451,478 27,984,199 18,685,531 365,976 9,269,958 66,813,748 _ 187,419,363

26,170,263 29,772,790 20,715,083 270,049 12,262,676 52,870,899 _ 184,967,767

2006 16,895,928

2007 24,979,056

2008 38,118,374

2009 45,215,143

2010 42,039,418

2011 44,652,858

2012 44,813,708

2013 39,849,449

2014 42,905,736

2015 39,840,893 27,359,389 30,571,785 19,527,646 205,441 6,666,029 51,120,210 3,195,688 178,487,081


MEMBER COMPANIES RANKED IN ORDER OF PREMIUM FROM THEIR DIRECT NON-LIFE INSURANCE BUSINESS (2015)

S/N COMPANY

GROSS PREMIUM

'000 MARKET SHARE %

1 Leadway Assurance co. Ltd. 15,434,045 8.65

2 Custodian & Allied insurance Plc 14,356,339 8.04

3 AXA Mansard Insurance Plc 11,370,756 6.37

4 Mutual Benefits Assurance Plc 10,541,503 5.91

5 NEM Insurance Plc 10,346,291 5.80

6 AIICO General Insurance Co. Ltd. 8,199,952 4.59

7 Zenith General Insurance Co.Ltd. 8,171,513 4.58

8 Sovereign Trust Insurance Plc 7,132,224 4.00

9 Royal Exchange Gen. Ins. Co. Ltd. 6,888,637 3.86

10 Consolidated Hallmark Insurance Plc 6,039,452 3.38

11 STACO Insurance Plc 5,730,161 3.21

12 Wapic Insurance Plc 5,212,598 2.92

13 Cornerstone Insurance Plc 4,785,770 2.68

14 NSIA Insurance Company Limited 4,198,985 2.35

15 Industrial & General Insurance Plc 3,925,743 2.20

16 Law Union & Rock Ins. Plc 3,858,097 2.16

17 International Energy Ins. Plc 3,847,583 2.16

18 Regency Alliance Insurance Plc 3,329,094 1.87

19 Old Mutual Insurance Co. Ltd. 3,104,096 1.74

20 Linkage Assurance Plc 3,054,743 1.71

21 Standard Alliance Insurance Plc 2,956,271 1.66

22 LASACO Assurance Plc 2,938,266 1.65

23 UnityKapital Assurance Plc 2,651,719 1.49

24 Niger insurance Plc 2,604,752 1.46

25 Sterling Assurance Nigeria Ltd. 2,480,611 1.39

26 Equity Assurance Plc 2,476,047 1.39

27 Unitrust Insurance Co. Ltd. 2,456,292 1.38

28 Prestige Assurance Plc 2,430,533 1.36

29 Goldlink Insurance Plc 2,370,765 1.33

30 Alliance & General Insurance Co. Ltd 2,368,997 1.33

31 Anchor Insurance Company Ltd. 2,342,038 1.31

32 FBN General Insurance Limited 1,811,112 1.01

33 KBL Insurance Ltd. 1,801,328 1.01

34 Ensure Insurance Plc 1,513,635 0.85

35 Great Nigeria Insurance Plc 1,411,645 0.79

36 Nigerian Agricultural ins. Corporation 1,037,268 0.58

37 NICON Insurance Plc 947,255 0.53

38 Guinea Insurance Plc 870,287 0.49

39 Fin Insurance Company Ltd. 757,594 0.42

40 Universal Insurance Plc 728,685 0.41

41 Investment & Allied Ins. Plc 4,399 0.00

178,487,081 100

44


45

Class Gross

Premium '000

Reinsurance Accepted

‘000

Reinsurance Cedded

‘000

Ratio of Reinsurance Accepted to

G.P.I

Ratio of Reinsurance Cedded to

G.P.I

Re- Insurance Ratio

Motor 39,840,893 2,051,349 0.00 0.05 0.06Fire 27,359,389 14,087,364 0.02 0.51 0.53General Accident 30,571,785 7,089,782 0.02 0.23 0.25Marine & Aviation 19,527,646 9,070,880 0.03 0.46 0.49WC/Emp.Liability 205,441 75,235 0.01 0.37 0.37Oil & Gas 51,120,210 39,062,691 0.00 0.76 0.77Engineering 3,195,688 3,140,613 0.03 0.98 1.01Misscellaneous 6,666,029 871,679 0.00 0.13 0.13Total 178,487,081

194,010484,601509,831517,8651,270

167,38787,9194,863

1,967,746 75,449,593 0.01 0.42 0.43

REINSURANCE TRANSACTIONS IN NON-LIFE BUSINESS 2015

MotorFireGeneral AccidentMarine & Aviation WC/Emp.LiabilityOil & GasMisscellaneousTotal

44,813,70821,788,01829,746,70220,967,940

502,60455,754,1818,599,721

182,172,874

145,858600,925876,893594,551

140610,866330,284

3,159,517

0.000.030.030.030.000.010.04

0.02

0.050.410.180.310.210.540.28

0.30

0.050.440.210.340.210.550.32

0.32

2,145,1738,896,9115,467,0556,519,762104,396

29,966,4872,379,378

55,479,162

76

Motor 39,849,449 203,136 3,045,884 0.01 0.08 0.08Fire 24,451,478 915,634 10,697,236 0.04 0.44 0.47General Accident 27,984,199 1,599,135 6,433,451 0.06 0.23 0.29Marine & Aviation 18,685,531 394,888 6,486,520 0.02 0.35 0.37WC/Emp.Liability 365,976 1,852 113,764 0.01 0.31 0.32Oil & Gas 66,813,748 1,419,546 33,477,921 0.02 0.50 0.52Misscellaneous 9,269,958 356,092 3,397,992 0.04 0.37 0.40Total 187,419,363 4,890,283 63,652,768 0.03 0.34 0.37

2013

Class Gross

Premium '000


‘000

Reinsurance Cedded

‘000


G.P.I


G.P.I

Re- Insurance Ratio

Class Gross

Premium '000


‘000

Reinsurance Cedded

‘000


G.P.I


G.P.I

Re- Insurance Ratio

Motor 42,905,736 188,789 2,494,676 0.00 0.06 0.06Fire 26,170,263 468,355 12,511,668 0.02 0.48 0.50General Accident 29,772,790 579,250 7,392,279 0.02 0.25 0.27Marine & Aviation 20,715,083 362,252 7,652,409 0.02 0.37 0.39WC/Emp.Liability 270,049 478 116,338 0.00 0.43 0.43Oil & Gas 52,870,899 240,383 40,946,082 0.00 0.77 0.78Misscellaneous 12,262,676 146,254 4,218,102 0.01 0.34 0.36Total 184,967,767 1,985,761 75,331,554 0.01 0.41 0.42

2014

The table below shows the reinsurance transactions in non-life business for the then period of five years. It shows the Gross premium which comprises mainly of business accepted from Nigeria by direct offices while local cession covers business ceded to reinsurance companies within Nigeria as well as direct companies i.e Co-insurance.

The last five columns of the show the ratios of local and overseas cessions to Gross premium income (G.P.I) with reinsurance rations.

A look at the table shows an in increase in reinsurance ratio in 2015 compared to 2014

2015


46

ASSETS OF NON-LIFE INSURANCE COMPANIES, 2015

CASH AND CASH DEBTORS AND TRADE REINSURANCE PROPERTY AND STATUTORY OTHER

EQUIVALENT FINANCIAL ASSETS PREPAYMENT RECEIVABLES ASSETS EQUIPMENT DEPOSIT ASSETS TOTAL

S/NO NAME OF COMPANY 000 000 000 000 000 000 000 000 000

1 AIICO General Insurance Co. Ltd. 3,023,274 4,281,581 382,177 123,848 2,246,161 1,535,387 300,000 2,097,749 13,990,177

2 Alliance & General Insurance plc 226,303 4,879,972 158,388 1,861,207 _ 364,226 300,000 -885,312 6,904,784

3 Anchor Insurance Company Ltd. 933,862 1,699,573 78,140 35,196 138,617 1,360,265 315,000 866,850 5,427,503

4 AXA Mansard Insurance Plc 3,800,267 6,730,876 2,353,229 185,006 4,328,625 1,559,245 300,000 3,759,066 23,016,314

5 Consolidated Hallmark Insurance Plc 2,780,221 807,378 325,791 81,030 691,913 908,924 300,000 1,068,953 6,964,210

6 Cornerstone Insurance Plc 1,567,380 3,747,589 637,305 _ 1,046,745 749,449 300,000 3,718,373 11,766,841

7 Custodian & Allied Insurance Plc 10,172,137 8,135,846 377,467 85,515 5,340,384 118,689 602,000 3,042,219 27,874,257

8 Ensure Insurance Plc 5,591,637 783,120 338,638 _ 459,007 273,962 300,000 19,357 7,765,721

9 Equity Assurance Plc 3,169,212 127,692 449,254 4,078 938,439 2,898,218 300,000 2,140,823 10,027,716

10 FBN General Insurance Limited 293,252 2,493,191 199,808 30,188 624,259 1,077,518 300,000 320,225 5,338,441

11 Fin Insurance Company Ltd. 2,609,613 1,212,459 31,947 _ 113,466 1,299,263 300,000 529,713 6,096,461

12 Goldlink Insurance Plc 59,974 29,983 138,666 18,274 366,884 691,738 300,000 _ 1,605,519

13 Great Nigeria Insurance Plc 595,226 343,925 382,177 4,378 417,663 323,842 300,000 2,128,674 4,495,885

14 Guinea Insurance Plc 886,970 143,462 367,779 3,331 190,297 780,325 315,000 1,428,939 4,116,103

15 Industrial & General Insurance Plc 1,396,501 69,064 1,088,498 63,348 1,678,605 2,440,381 300,000 8,166,842 15,203,239

16 International Energy Ins. Plc 697,968 1,255,860 279,241 13,381 381,651 1,720,994 322,500 3,400,147 8,071,742

17 Investment & Allied Ins. Plc 7,288 _ 378 _ _ 26,769 319,850 _ 354,285

18 KBL Insurance Ltd. 2,122,035 235,449 182,187 35,750 255,497 114,639 300,000 1,915,735 5,161,292

19 LASACO Assurance Plc 5,234,721 1,136,772 194,068 13,257 713,036 458,359 300,000 4,824,526 12,874,739

20 Law Union & Rock Ins. Plc 3,084,513 944,170 235,292 31,973 1,490,165 681,293 315,000 1,491,014 8,273,420

21 Leadway Assurance Co. Ltd. 8,819,219 14,994,143 1,352,798 541,477 11,113,773 3,312,350 300,000 3,816,308 44,250,068

22 Linkage Assurance Plc 2,239,372 13,521,354 202,961 3,895 398,213 1,006,795 300,000 303,632 17,976,222

23 Mutual Benefits Assurance Plc 4,111,237 854,306 1,031,956 64,769 1,224,190 3,037,357 300,000 5,174,914 15,798,729

24 NEM Insurance Plc 3,355,044 3,396,740 546,190 531,497 690,838 2,637,455 320,000 609,902 12,087,666

25 NICON Insurance Plc 165,331 2,612,320 120,598 _ _ 5,312,360 300,000 1,690,992 10,201,601

26 Niger Insurance Plc 555,311 1,831,535 196,579 _ 636,238 829,511 300,000 1,737,130 6,086,304

27 Nigerian Agricultural Ins. Corporation 3,135,078 185,256 117,430 310,356 127,407 223,762 300,000 4,140,807 8,540,096

28 NSIA Insurance Company Limited 2,051,888 3,017,407 286,567 16,082 1,125,788 2,307,668 300,000 1,013,644 10,119,044

29 Old Mutual Insurance Co. Ltd. 4,351,095 314,947 181,525 _ 377,872 125,791 320,000 946,426 6,617,656

30 Prestige Assurance Plc 1,312,659 2,118,514 179,835 2,723 2,686,944 1,327,844 300,000 2,439,222 10,367,741

31 Regency Alliance Insurance Plc 2,604,463 719,847 142,407 9,675 955,535 1,167,275 300,000 827,338 6,726,540

32 Royal Exchange Gen. Ins. Co. Ltd. 5,534,750 2,676,939 1,832,016 170,138 1,582,128 1,912,242 340,000 4,334,913 18,383,126

33 Sovereign Trust Insurance Plc 2,582,695 929,904 998,312 115,751 1,822,099 842,381 315,000 1,658,727 9,264,869

34 STACO Insurance Plc 3,534,447 297,965 413,242 86,110 1,128,114 2,592,494 300,000 2,132,727 10,485,099

35 Standard Alliance Insurance Plc 730,785 464,942 136,316 49,994 492,673 2,770,510 335,000 3,455,402 8,435,622

36 Sterling Assurance Nigeria Ltd. 951,521 892,970 186,960 3,282 1,015,353 408,972 300,150 1,060,000 4,819,208

37 Unitrust Insurance Co. Ltd. 1,359,637 5,708,821 832,984 4,218 1,051,283 1,320,852 315,000 366,268 10,959,063

38 UnityKapital Assurance Plc 4,365,288 133,223 363,807 1,723 193,019 2,077,110 355,000 3,239,049 10,728,219

39 Universal Insurance Plc 933,534 2,057,934 1,775,129 11,632 113,062 2,840,804 335,000 2,861,787 10,928,882

40 Wapic Insurance Plc 3,320,235 2,330,981 1,624,479 534,723 724,547 2,284,511 300,000 9,044,383 20,163,859

41 Zenith Insurance Company Ltd. 3,078,850 14,616,477 2,660,703 29,851 1,929,443 948,077 300,002 2,417,759 25,981,162

Total 107,344,793 112,734,487 23,383,224 5,077,656 50,809,933 58,669,607 12,924,502 93,305,223 464,249,425

REINSURANCE COMPANY

CASH AND CASH

EQUIVALENT '000

FINANCIAL ASSETS

'000

DEBTORS AND

PREPAYMENT '000

REINSURANCE

RECEIVABLES

'000

RETROCESSION ASSETS

'000

PROPERTY AND

EQUIPMENT

'000

STATUTORY

DEPOSITS '000

OTHER ASSETS

'000

TOTAL

'000

42 Continental Reinsurance Plc 5,792,358 5,995,564 1,107,837 5,793,094 396,648 1,048,051 1,000,000 5,397,920 26,531,472

43 Nigeria Reinsurance Corporation 892,466 1,971,246 258,587 _ _ 58,712 735,000 11,838,107 15,754,118

TOTAL 6,684,824 7,966,810 1,366,424 5,793,094 396,648 1,106,763 1,735,000 17,236,027 42,285,590


47

DISTRIBUTION OF ASSETS OF NON-LIFE INSURANCE COMPANIES (2013-2015)

The table below is an analysis of Assets of Non-life Insurance Companies from 2013-2015. It shows an increase of 2.40% in Assets of Non-Life Insurance Companies from 2014 to 2015.

ASSETS OF NON-LIFE INSURANCE COMPANIES 2015

ASSETS

2013

'000

2014

'000

2015

'000

CASH & CASH EQUIVALENT

FINANCIAL ASSETS

DEBTORS AND PREPAYMENT

TRADE RECEIVABLE

REINSURANCE ASSETS

PROPERTY AND EQUIPMENT

STATUTORY DEPOSITS

OTHER ASSETS

TOTAL

98,815,605

(21.02)

107,817,335

(23.78)

113,959,897

(24.25)

115,509,429

(25.48)

30,944,753

(6.58)

19,736,205

(4.36)

19,808,039

(4.21)

3,598,683

(0.79)65,477,275

(13.93)

57,744,116

(12.74)

51,843,933

(11.03)

53,700,770

(11.84)

12,981,689

(2.76)

12,972,502

(2.86)

78,196,111

(16.64)

82,300,044

(18.15)

470,027,302

(100)

453,379, 084

(100)

107,344,793 (23.12)

112,734,487 (24.28)

23,383,224 (5.04)

5,077,656 (1.09)

50,809,933 (10.94)

58,669,607 (12.64)

12,924,502 (2.78)

93,305,223 (20.10)

464,249,425 (100)

CASH & CASH EQUIVALENT, 23.12%

FINANCIAL ASSETS , 24.28%

DEBTORS AND PREPAYMENT, 5.04%

TRADE RECEIVABLE, 1.09%

REINSURANCE ASSETS, 10.94%

PROPERTY AND EQUIPMENT, 12.64%

STATUTORY DEPOSITS, 2.78% OTHER ASSETS, 20.10%


FINANCIAL ASSETS

DEBTORS AND PREPAYMENT

TRADE RECEIVABLE

REINSURANCE ASSETS


STATUTORY DEPOSITS

OTHER ASSETS


LIABILITIES OF NON-LIFE MEMBER COMPANIES 2015

48

INSURANCE B0RROWING TRADE SHARE RESERVES SHARE OTHER TOTAL

LIABILITIES PAYABLE CAPITAL PREMIUM LIABILITIES LIABILITIES

S/NO NAME OF COMPANY 000 000 000 000 000 000 000 000

1 AIICO General Insurance Co. Ltd. 5,276,285 _ 319,052 1,626,239 3,017,408 778,317 2,972,876 13,990,177

2 Alliance & General Insurance Plc 1,164,356 90,539 _ 3,000,000 2,281,617 _ 368,272 6,904,784

3 Anchor Insurance Company Ltd. 656,885 _ 16,037 2,245,000 1,802,186 475,200 232,195 5,427,503

4 AXA Mansard Insurance Plc 8,197,569 _ 1,349,073 4,250,000 4,058,747 3,643,453 1,517,772 23,016,614

5 Consolidated Hallmark Insurance Plc 2,218,670 _ 112,061 3,000,000 1,229,078 _ 404,401 6,964,210

6 Cornerstone Insurance Plc 3,231,681 _ 296,336 5,682,377 468,025 1,468,024 620,351 11,766,794

7 Custodian & Allied Insurance Plc 10,054,068 2,498,286 1,681,353 3,500,000 8,383,829 84,607 1,672,114 27,874,257

8 Ensure Insurance Plc 1,189,466 _ 454,589 2,225,454 473,590 417,839 3,004,783 7,765,721

9 Equity Assurance Plc 2,143,016 1,955,095 43,013 7,000,000 -2,850,915 1,023,465 714,042 10,027,716

10 FBN General Insurance Limited 1,142,450 _ 34,713 3,751,753 -183,827 410,961 182,391 5,338,441

11 Fin Insurance Company Ltd. 757,392 _ 1,046 3,300,000 1,558,189 93,878 385,956 6,096,461

12 Goldlink Insurance Plc 2,572,329 _ 77,849 1,174,974 -6,121,857 1,679,666 2,222,558 1,605,519

13 Great Nigeria Insurance Plc 1,120,020 _ 42,797 1,292,982 -683,685 2,016,905 706,866 4,495,885

14 Guinea Insurance Plc 798,260 _ 14,334 3,070,000 -507,593 337,545 403,557 4,116,103

15 Industrial & General Insurance Plc 4,651,618 166,942 _ 4,464,813 -3,992,278 4,659,050 5,253,098 15,203,243

16 International Energy Ins. Plc 3,354,543 4,460,739 454,906 642,043 -3,726,204 963,097 1,922,618 8,071,742

17 Investment & Allied Ins. Plc 89,617 4,501 _ 14,000,000 -15,089,811 134,551 1,215,426 354,284

18 KBL Insurance Ltd. 952,697 59,689 3,586,051 201,330 _ 361,525 5,161,292

19 LASACO Assurance Plc 2,171,134 _ 10,862 3,667,172 1,321,949 940,612 4,772,427 12,884,156

20 Law Union & Rock Ins. Plc 3,271,152 _ 115,090 1,718,665 1,376,966 1,363,034 428,513 8,273,420

21 Leadway Assurance Co. Ltd. 24,030,217 _ 5,008,219 3,139,798 10,855,331 387,826 828,677 44,250,068

22 Linkage Assurance Plc 1,623,963 _ 244,617 3,999,396 10,859,249 729,044 519,953 17,976,222

23 Mutual Benefits Assurance Plc 3,971,168 4,073,095 67,686 3,999,750 2,201,512 _ 1,485,518 15,798,729

24 NEM Insurance Plc 5,161,722 _ _ 2,640,251 3,294,532 272,551 718,610 12,087,666

25 NICON Insurance Plc 1,534,485 _ 75,760 2,271,796 -1,885,409 7,719,871 485,098 10,201,601

26 Niger Insurance Plc 1,622,364 _ _ 2,907,095 110,637 672,489 773,720 6,086,305

27 Nigerian Agricultural Ins. Corporation 736,475 _ _ 2,500,000 4,550,515 _ 753,106 8,540,096

28 NSIA Insurance Company Limited 2,432,485 _ 71,017 2,821,061 2,237,308 1,045,203 1,511,970 10,119,044

29 Old Mutual Insurance Co. Ltd. 1,528,886 _ 41,158 3,000,000 1,458,620 100,000 488,992 6,617,656

30 Prestige Assurance Plc 3,197,127 223,149 279,544 2,685,216 2,179,012 1,127,599 676,094 10,367,741

31 Regency Alliance Insurance Plc 1,617,026 _ _ 3,334,375 1,339,146 _ 435,993 6,726,540

32 Royal Exchange Gen. Ins. Co. Ltd. 4,434,285 56,149 5,376,586 4,366,666 1,616,954 802,737 1,729,749 18,383,126

33 Sovereign Trust Insurance Plc 3,046,784 _ 313,403 4,146,052 762,300 116,843 879,487 9,264,869

34 STACO Insurance Plc 3,207,148 _ 2,085 3,070,544 -95,113 434,164 3,866,271 10,485,099

35 Standard Alliance Insurance Plc 2,226,847 795,918 75,986 5,996,587 -9,431,861 7,667,475 1,104,670 8,435,622

36 Sterling Assurance Nigeria Ltd. 1,513,769 _ 15,852 4,050,351 -995,186 70,393 164,030 4,819,209

37 Unitrust Insurance Co. Ltd. 2,451,866 _ 198,885 3,300,000 3,873,425 _ 1,134,887 10,959,063

38 UnityKapital Assurance Plc 855,892 _ 1,933 6,933,333 1,786,927 663,600 486,534 10,728,219

39 Universal Insurance Plc 509,656 _ 246 8,000,000 -611,155 825,018 2,205,118 10,928,883

40 Wapic Insurance Plc 3,200,391 _ 104,066 6,691,369 1,687,330 6,194,983 2,285,720 20,163,859

41 Zenith Insurance Company Ltd. 5,488,465 _ 1,012,971 1,450,000 11,240,078 4,138,423 2,651,225 25,981,162

Total 129,404,229 14,324,413 17,972,814 154,501,163 40,050,896 53,458,423 54,547,163 464,259,101

REINSURANCE COMPANY

42 Continental Reinsurance Plc 9,153,563 _ 847,009 5,186,372 5,114,800 3,915,451 2,314,277 26,531,472

43 Nigeria Reinsurance Co. 656,090 _ _ 3,182,106 9,871,073 1,942,770 102,075 15,754,114

TOTAL 9,809,653 _ 847,009 8,368,478 14,985,873 5,858,221 2,416,352 42,285,586


49

DISTRIBUTION OF LIABILITIES OF NON-LIFE INSURANCE COMPANIES (2013-2015)

2013

'0002014 ‘000

2015

'000LIABILITIES

INSURANCE LIABILITIES

BORROWING

TRADE PAYABLE

SHARE CAPITAL

RESERVES

SHARE PREMIUM

OTHER LIABILITIES

TOTAL

131,718,383

(27.90)

17,112,530

(3.63)

30,678,684

(6.50)

144,496,777

(30.61)

37,156,391

(7.87)

59,589,070

(12.62)

51,275,468

(10.86)

472,027,303

(100)

135,222,380 (29.83)

12,649,935 (2.79)

19,023,642 (4.20)

146,528,398 (32.32)

32,514,992 (7.17)

52,971,233 (11.68)

54,447,917 (12.01)

453,358,497 (100)

129,404,229

(27.87)

143,244,13

(3.09)

17,972,814

(3.87)

154,501,163

(33.28)

40,050,896

(8.63)

53,458,423

(11.51)

54,547,163

(11.75)

464,259,101

(100)

LIABILITIES OF NON-LIFE INSURANCE COMPANIES 2015

INSURANCE LIABILITIES, 27.87%

BORROWING , 3.09%

TRADE PAYABLE , 3.87%

SHARE CAPITAL, 33.28%

RESERVES , 8.63%

SHARE PREMIUM, 11.51%

OTHER LIABILITIES, 11.75%

INSURANCE LIABILITIES

BORROWING

TRADE PAYABLE

SHARE CAPITAL

RESERVES

SHARE PREMIUM

OTHER LIABILITIES


OPERATING

PERFORMANCE

OF LIFE

COMPANIES

50


51


MEMBER COMPANIES TRANSACTING LIFE INSURANCE BUSINESSSTAS AT 31 DECEMBER, 2015

1 African Alliance Insurance Plc

2 AIICO Insurance Co. Ltd.

3 Alliance & General Life Assurance Plc

4 ARM Life Plc5

Capital Express Assurance Ltd.6Cornerstone Insurance Plc7

Custodian Life Insurance Ltd.8

FBN Life Assurance Limited

9

Goldlink Life Assurance Ltd.

10

Great Nigeria Life Ass. Ltd.

11


12

LASACO Assurance Co. Ltd.

13

Leadway Assurance Co. Ltd

14


15

Mutual Benefits Life Ass. Co. Ltd16

NICON Insurance Plc17

Niger Insurance Plc18

NSIA Insurance Company Limited19

Old Mutual Life Assurance Co. Ltd.20

Royal Exchange Prudential Life Ins. Co. Ltd.21

SpringLife Assurance Plc.22

Standard Alliance Life ass. Co.Ltd.23

UBA Metropolitan Life Ins. Ltd.24

UNIC Insurance Plc25

26 Wapic Life Ass. Ltd.

27 Zenith Life Insurance Company Ltd.

52

Ensure Insurance Plc.


53

LIFE INSURANCE PREMIUM INCOME 2015

REINS

NET

DIRECT

ACCEPTED

GROSS PREMIUM

REINS. CEDED

WRITTEN



1 African Alliance Insurance Plc 10,131,775 _ 10,131,775 66,106 10,065,669

2 AIICO Insurance Plc 24,249,325 _ 24,249,325 297,791 23,951,534

3 Alliance & General Life Assurance Plc 1,362,639 _ 1,362,639 172 1,362,467

4 Arm Life Plc 3,337,916 _ 3,337,916 157,552 3,180,364

5 AXA Mansard Insurance Plc 3,638,568 _ 3,638,568 763,083 2,875,485

6 Capital Express Assurance Ltd. 4,931,955 _ 4,931,955 1,519,396 3,412,559

7 Cornerstone Insurance Plc 2,426,166 _ 2,426,166 427,075 1,999,091

8 Custodian Life Insurance Ltd. 7,846,174 _ 7,846,174 282,604 7,563,570

9 Ensure Insurance Plc 1,362,808 _ 1,362,808 306,582 1,056,226

10 FBN Life Assurance Limited 10,307,383 _ 10,307,383 364,448 9,942,935

11 Goldlink Life Assurance Ltd. 757,216 _ 757,216 4,933 752,283

12 Great Nigeria Life Ass. Ltd. 1,342,164 _ 1,342,164 47,249 1,294,915

13 Industrial & General Insurance Plc 1,497,806 _ 1,497,806 26,649 1,471,157

14 LASACO Life Assurance Co. Ltd 2,163,831 _ 2,163,831 621,252 1,542,579

15 Leadway Assurance Co. Plc 31,214,873 _ 31,214,873 226,190 30,988,683

16 Mutual Benefits Life Assurance Ltd. 3,337,711 _ 3,337,711 95,286 3,242,425


18 Niger Insurance Plc 7,892,026 _ 7,892,026 32,290 7,859,736

19 NSIA Insurance Company Limited 1,418,241 _ 1,418,241 407,191 1,011,050

20 Old Mutual Life Assurance Co. Ltd. 1,741,115 _ 1,741,115 784,863 956,252

21 Royal Exchange Prudential Life Plc 3,570,916 _ 3,570,916 412,765 3,158,151

22 SpringLife Assurance Plc 32,000 _ 32,000 282 31,718

23 Standard Alliance Life Ass. Co. Ltd. 2,279,300 _ 2,279,300 250,822 2,028,478

24 UBA Metropolitan Life Ins. Ltd. 2,289,935 _ 2,289,935 267,397 2,022,538

25 UNIC Insurance Plc 259,313 _ 259,313 9,559 249,754

26 Wapic Life Ass. Ltd. 1,221,346 _ 1,221,346 164,186 1,057,160

27 Zenith Life Insurance Company Ltd. 3,363,440 _ 3,363,440 653,152 2,710,288

Total 134,067,982 134,067,982 8,190,594 125,877,388

REINSURANCE COMPANY

28 Continental Reinsurance Plc 2,666,078 _ 2,666,078 368,627 2,297,45129 Nigeria Reinsurance Corporation 74,832 _ 74,832 3,580 71,252

TOTAL 2,740,910 2,740,910 372,207 2,368,703


PREMIUM INCOME, NET CLAIMS, MANAGEMENT EXPENSES, TOTAL INVESTMENTS AND INVESTMENT INCOME OF LIFE INSURANCE COMPANIES 2015


GROSS PREMIUM

'000

NET WRITTEN

PREMIUM '000 NET CLAIM '000

MANAGEMENT

EXPENSES'000

TOTAL INVESTMENT

'000

INVESTMENT

INCOME '000

1 African Alliance Insurance Plc 10,131,775 10,065,669 2,586,602 1,545,501 21,617,720 493,261

2 AIICO Insurance Plc 24,249,325 23,951,534 9,144,272 2,555,158 59,186,341 4,793,160

3 Alliance & General Life Assurance Plc 1,362,639 1,362,467 218,718 26,217 1,454,318 76,542

4 Arm Life Plc 3,337,916 3,180,364 321,557 1,142,920 9,380,318 294,616

5 AXA Mansard Insurance Plc 3,638,568 2,875,485 1,348,535 534,497 13,620,868 738,722

6 Capital Express Assurance Ltd. 4,931,955 3,412,559 1,870,964 957,989 4,195,765 163,076

7 Cornerstone Insurance Plc 2,426,166 1,999,091 906,130 749,826 4,731,686 355,660

8 Custodian Life Insurance Ltd. 7,846,174 7,563,570 2,366,306 856,472 13,911,163 868,669

9 Ensure Insurance Plc 1,362,808 1,056,226 750,808 522,034 3,325,892 62,549

10 FBN Life Assurance Limited 10,307,383 9,942,935 3,141,509 2,007,522 19,580,632 1,695,224

11 Goldlink Life Assurance Ltd. 757,216 752,283 983,547 139,526 36,026 10,790

12 Great Nigeria Life Ass. Ltd. 1,342,164 1,294,915 873,567 197,505 5,203,742 206,951

13 Industrial & General Insurance Plc 1,497,806 1,471,157 490,247 721,952 12,607,063 369,528

14 LASACO Life Assurance Co. Ltd 2,163,831 1,542,579 743,879 251,796 4,062,769 296,231

15 Leadway Assurance Co. Plc 31,214,873 30,988,683 9,939,045 1,431,155 90,703,138 8,393,381

16 Mutual Benefits Life Assurance Ltd. 3,337,711 3,242,425 1,051,985 2,114,172 30,626,422 234,633

17 NICON Insurance Plc 92,040 90,321 42,106 453,790 10,518,830 219,698

18 Niger Insurance Plc 7,892,026 7,859,736 3,813,036 2,083,111 12,280,415 359,748

19 NSIA Insurance Company Limited 1,418,241 1,011,050 432,246 137,624 2,690,292 313,192

20 Old Mutual Life Assurance Co. Ltd. 1,741,115 956,252 655,208 1,610,814 5,811,404 392,644

21 Royal Exchange Prudential Life Plc 3,570,916 3,158,151 1,331,669 1,052,572 4,418,834 124,146

22 SpringLife Assurance Plc 32,000 31,718 50,976 105,282 302,982 33,618

23 Standard Alliance Life Ass. Co. Ltd. 2,279,300 2,028,478 940,756 75,694 2,827,269 87,712

24 UBA Metropolitan Life Ins. Ltd. 2,289,935 2,022,538 1,220,209 152,406 6,181,621 765,267

25 UNIC Insurance Plc 259,313 249,754 137,389 742,813 4,456,909 437,574

26 Wapic Life Ass. Ltd. 1,221,346 1,057,160 518,963 641,263 4,389,347 432,91527 Zenith Life Insurance Company Ltd. 3,363,440 2,710,288 1,316,675 273,190 7,398,696 890,406

Total 134,067,982 123,167,100 47,196,904 23,082,801 355,520,462 23,109,913

REINSURANCE COMPANY

28 Continental Reinsurance Plc 2,666,078 2,297,451 1,413,135 423,468 _ _29 Nigeria Reinsurance Corporation 74,832 71,252 4,744 43,056 3,816,092 62,822

TOTAL 2,740,910 2,368,703 1,417,879 466,524 3,816,092 62,822

54


55

MEMBER COMPANIES RANKED IN ORDER OF PREMIUM

FROM THEIR DIRECT LIFE INSURANCE BUSINESS (2015)

S/N COMPANY

GROSS PREMIUM

'000 MARKET SHARE %

Leadway Assurance Co. Plc 31,214,873 23.28

AIICO Insurance Plc 24,249,325 18.09

FBN Life Assurance Limited 10,307,383 7.69

African Alliance Insurance Plc 10,131,775 7.56

Niger Insurance Plc 7,892,026 5.89

Custodian Life Insurance Ltd. 7,846,174 5.85

Capital Express Assurance Ltd. 4,931,955 3.68

AXA Mansard Insurance Plc 3,638,568 2.71

Royal Exchange Prudential Life Plc 3,570,916 2.66

Zenith Life Insurance Company Ltd. 3,363,440 2.51

Arm Life Plc 3,337,916 2.49

Mutual Benefits Life Assurance Ltd. 3,337,711 2.49

Cornerstone Insurance Plc 2,426,166 1.81

UBA Metropolitan Life Ins. Ltd. 2,289,935 1.71

Standard Alliance Life Ass. Co. Ltd. 2,279,300 1.70

LASACO Life Assurance Co. Ltd 2,163,831 1.61

Old Mutual Life Assurance Co. Ltd. 1,741,115 1.30

Industrial & General Insurance Plc 1,497,806 1.12

NSIA Insurance Company Limited 1,418,241 1.06

Ensure Insurance Plc 1,362,808 1.02

Alliance & General Life Assurance Plc 1,362,639 1.02

Great Nigeria Life Ass. Ltd. 1,342,164 1.00

Wapic Life Ass. Ltd. 1,221,346 0.91

Goldlink Life Assurance Ltd. 757,216 0.56

UNIC Insurance Plc 259,313 0.19

NICON Insurance Plc 92,040 0.07

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27 SpringLife Assurance Plc 32,000 0.02

TOTAL 134,067,982 100


The table below shows the analysis of gross premium income, gross claims paid, management expenses, claims ratio and expenses ratio in life business for five consecutive years.

The gross premium includes contribution from Individual life, Group Life premium with inclusion of various amount collected on deposit administrative schemes/secured funds between 2011 to 2015.

Management expenses includes underwriting expense, salaries, rents and others excluding commissions to agents. A total of N134.07billion was generated as gross premium for 2015 compared to N108.58billion in 2014 representing a percentage increase of23.48%.

The Gross claims increases from N35.95billion in 2014 to N50.57billion in 2015 representing a percentage increase of 40.68% while management expenses decreased from N23.60billion in 2014 to N23.08billion in 2015 representing a percentage decrease of 2.18%

COMPARATIVE STATISTICS OF GROSS PREMIUM INCOME, CLAIMS AND MANAGEMENT EXPENSES OF LIFE INSURANCE COMPANIES (2011-2015)

2012 69,965,203 27,033,930 14,581,930 38.64 20.84

2013 80,415,942 34,306,234 20,938,650 42.66 26.04

56

2014 108,576,192 35,946,322 23,596,768 33.11 21.73

2015 134,067,982 50,567,904 23,082,801 37.72 17.22

0

20,000,000

40,000,000

60,000,000

80,000,000

100,000,000

120,000,000

140,000,000

2011 2012 2013 2014 2015

GROSS PREMIUM '000

GROSS CLAIMS PAID '000

MANAGEMENT EXPENSES '000


57

ASSETS OF LIFE IN

SURAN

CE COM

PANIES, 2015

S/NONAM

E OF COMPANY

CASH AND CASH

EQUIVALENT '000

FINANCIAL ASSETS

'000

DEBTORS AND

PREPAYMENTS

'000

TRADE

RECEIVABLES '000

REINSURANCE ASSETS '000

PROPERTY AND

EQUIPMENT

'000

STATUTORY

DEPOSIT

'000

OTHER ASSETS

'000TOTAL

1African Alliance Insurance Plc

2,409,61410,758,897

589,925_

25,869639,347

200,0008,504,056

23,127,708

2AIICO Insurance Plc

3,414,12953,622,254

1,504,227_

232,9083,576,441

230,0004,153,889

66,733,848

3Alliance & General Life Assurance Plc

650,0531,454,318

87,749112,968

_3,992,202

200,0001,518

6,498,808

4Arm

Life Plc2,722,266

4,706,05281,521

26,848227,979

167,022200,000

1,952,17910,083,867

5AXA M

ansard Insurance Plc1,847,980

11,372,888175,173

130,329704,925

16,224200,000

400,00014,847,519

6Capital Express Assurance Ltd.

497,1941,603,171

384,514_

1,618,363635,421

215,0002,116,800

7,070,463

7Cornerstone Insurance Plc

1,562,9842,675,934

12,411_

450,89318,509

200,000567,594

5,488,325

8Custodian Life Insurance Ltd.

9,594,4513,155,212

376,4502,728

664,7982,136,375

200,0001,177,375

17,307,389

9Ensure Insurance Plc

63,841522,051

3,727,683_

243,7132,190

200,0002,906,021

7,665,499

10FBN Life Assurance Lim

ited 1,678,073

13,801,686397,582

25,31638,331

663,233200,000

4,122,32720,926,548

11Goldlink Life Assurance Ltd.

11,00125,025

1,351,2139,395

9,296247,300

200,00012,660

1,865,890

12Great Nigeria Life Ass. Ltd.

1,634,928818,814

523,51722,912

10,589438,791

200,0002,767,747

6,417,298

13Industrial & General Insurance Plc

21,894481,345

2,516,382_

595,6872,324,787

200,00012,103,824

18,243,919

14LASACO Life Assurance Co. Ltd

2,596,3981,228,371

1,453,737_

554,50920,943

200,000238,000

6,291,958

15Leadway Assurance Co. Ltd

5,837,72376,516,894

1,999,0502,493

292,175448,091

200,0008,418,596

93,715,022

16M

utual Benefits Life Assurance Ltd.9,410,464

11,643,312594,866

_185,776

533,493200,000

10,036,44632,604,357

17NICON Insurance Plc

72,3444,476,534

__

_18,473,804

200,0005,969,952

29,192,634

18Niger Insurance Plc

289,934368,076

64,012_

2,0171,136,917

200,00012,239,237

14,300,193

19NSIA Insurance Com

pany Limited

1,497,4461,192,846

29,36652,333

336,7742,315

200,000_

3,311,080

20Old M

utual Life Assurance Co. Ltd.5,804,805

6,599154,836

_746,652

272,569200,000

1,0797,186,540

21Royal Exchange Prudential Life Plc

406,915690,775

911,56816,778

307,622233,594

215,0004,301,581

7,083,833

22SpringLife Assurance Plc

2,982197,276

143,580_

_6,764

220,000300,180

870,782

23Standard Alliance Life Ass. Co. Ltd.

587,08185,625

227,183_

540,311127,383

200,0002,158,079

3,925,662

24UBA M

etropolitan Life Ins. Ltd.2,430,532

3,751,08935,163

737261,251

69,759200,000

2,2056,750,736

25UNIC Insurance Plc

67,9831,401,883

8,3512,823

3,158588,698

220,0003,002,043

5,294,939

26W

apic Life Ass. Ltd.3,107,048

1,247,29976,787

17,35584,376

34,454200,000

250,6465,017,965

27Zenith Insurance Com

pany Ltd.1,747,983

5,650,7133,314

12,958496,708

5,405200,000

781,2398,898,320

Total59,968,046

213,454,93917,430,160

435,9738,634,680

36,812,0315,500,000

88,485,273430,721,102

REINSURANCE COMPANY

28Continental Reinsurance Plc

__

__

__

__

_

29Nigeria Reinsurance Co.

56,003205,089

12,971_

_9,810

265,0003,568,365

4,117,238

TOTAL56,003

205,08912,971

__

9,810265,000

3,568,3654,117,238


58

DISTRIBUTION OF ASSETS Of LIFE INSURANCE COMPANIES (2012-2014)

The table below is an analysis of Assets of life Insurance Companies from 2013-2015. It shows an increase of 26.13% in Assets of Life Insurance Companies from 2014 to 2015.

ASSETS

2013

'000

2014 '000

2015

'000


FINANCIAL ASSETS

DEBTORS AND PREPAYMENTS

TRADE RECEIVABLE

REINSURANCE ASSETS


STATUTORY DEPOSIT

OTHER ASSETS

TOTAL

46,787,682

(16.78)

115,631,874

(41.46)

16,178,741

(5.80)

3,771,238 (1.35)

5,160,321 (1.85)

21,686,449

(7.78)

5,485,000

(1.97)

64,196,336

(23.02)

278,897,641

(100)

46,239,566

(13.54)

148,14,6428

(43.38)

145,156,30

(4.25)

658,530

(0.19)

5,555,865

(1.63)

37,621,457

(11.02)

5,500,000

(1.61)

83,254,057

(24.38)341,491,533

(100)

59,968,046

(13.92)

213,454,939

(49.56)

17,430,160

(4.05)

435,973 (0.10)

8,634,680

(2.00)

36,812,031

(8.55)

5,500,000

(1.28)

88,485,273

(20.54)

430,721,102

(100)

ASSETS OF LIFE INSURANCE COMPANIES 2015

C H C HAS & AS

EQ VALEN , 13.92%

UIT

FINANCIAL ASSETS, 49.56%

05, 4.

%

TRADE RECEIVABLE , 0.10%

REINSURANCE ASSETS, 2.00%

P O ERTY AND R P

EQUIPMENT, 8 55%.

STATUTORY DEPOSIT, 1.28%

OTHER ASSETS, 20.54%


FINANCIAL ASSETS

REINSURANCE ASSETS



59

LIAB

ILITIES O

F LIFE INSU

RA

NC

E CO

MPA

NIES, 2

01

5

S/NONAM

E OF COMPANY

INSURANCE

LIABILITIES

'000

INVESTMENT LIABILITIES

'000

BORROWING

'000

TRADE

PAYABLE

'000

SHARE

CAPITAL

'000RESERVES '000

SHARE PREMIUM

'000

OTHER LIABILITIES

'000

TOTAL

'000

1African Alliance Insurance Plc

12,243,1824,446,262

_322,880

10,292,500-19,387,418

14,365,133845,169

23,127,708

2AIICO Insurance Plc

50,103,6928,295,046

1,134,8401,228,496

1,838,863137,875

2,046,0731,948,963

66,733,848

3Alliance & General Life Assurance Plc

2,831,843411,686

303,57661,811

2,000,000154,542

2,411732,939

6,498,807

4Arm

Life Plc6,281,648

1,410,007_

38,4582,892,836

-1,955,229802,439

613,70810,083,867

5AXA M

ansard Insurance Plc4,096,571

6,786,961_

290,1991,000,000

1,644,459800,000

229,32914,847,519

6Capital Express Assurance Ltd.

3,834,261950,393

_9,953

2,000,00075,812

_200,044

7,070,463

7Cornerstone Insurance Plc

1,576,1621,416,331

34,8861,682,377

49,226479,142

250,2555,488,379

8Custodian Life Insurance Ltd.

8,759,5703,376,778

_910,653

2,000,0001,426,312

184,717649,359

17,307,389

9Ensure Insurance Plc

3,032,3631,252,195

_24,465

1,532,09599,082

447,0631,278,236

7,665,499

10FBN Life Assurance Lim

ited 10,694,965

__

26,8595,336,450

2,228,7001,930,708

708,86620,926,548

11Goldlink Life Assurance Ltd.

1,072,8421,285,057

_24,927

1,100,000-2,718,751

984,132117,683

1,865,890

12Great Nigeria Life Ass. Ltd.

2,035,925652,995

_28,844

620,760977,655

1,093,7591,007,360

6,417,298

13Industrial & General Insurance Plc

3,251,1058,125,378

__

2,650,806-924,191

3,871,7311,269,086

18,243,915

14LASACO Life Assurance Co. Ltd

2,456,2221,081,971

__

2,000,000649,062

_95,246

6,282,501

15Leadway Assurance Co. Plc

69,755,31715,459,506

_2,198,276

1,250,0004,672,247

_379,676

93,715,022

16M

utual Benefits Life Assurance Ltd.1,844,111

24,208,510_

17,980150,000

1,220,9961,850,000

3,312,76032,604,357

17NICON Insurance Plc

3,278,98317,424,141

__

1,533,333-8,333

6,958,3346,176

29,192,634

18Niger Insurance Plc

6,280,945950,085

278,4478,057

962,6523,453,406

119,0022,247,596

14,300,190

19NSIA Insurance Com

pany Limited

939,43920,708

__

1,746,299420,200

647,500-463,066

3,311,080

20Old M

utual Life Assurance Co. Ltd.1,667,254

284,765_

221,1585,786,490

-1,138,350_

365,2237,186,540

21Royal Exchange Prudential Life Plc

3,656,421336,271

538,449

2,161,339-248,686

404,494735,540

7,083,833

22SpringLife Assurance Plc

760,954255,190

__

1,500,000-2,609,545

758,422204,547

869,568

23Standard Alliance Life Ass. Co. Ltd.

2,177,894630,239

24,89881,345

2,700,000-3,044,599

1,171,656184,229

3,925,662

24UBA M

etropolitan Life Ins. Ltd.2,452,731

53,440_

1,7621,000,000

529,1562,494,862

218,7856,750,736

25UNIC Insurance Plc

370,122658,081

541,693401,565

1,291,148531,893

878,055622,382

5,294,939

26W

apic Life Ass. Ltd.939,654

1,196,180_

25,1742,700,000

-146,460_

303,4175,017,965

27Zenith Insurance Com

pany Ltd.1,854,293

634,392_

23,7792,000,000

1,803,776_

2,582,0808,898,320

Total208,248,469

101,602,5682,283,459

6,019,97661,727,948

-12,107,16342,289,633

20,645,588430,710,478

REINSURANCE COMPANY

REINSURANCE

LIABILITIES

'000


'000

BORROWING

'000

TRADE

PAYABLE

'000

SHARE

CAPITAL

'000RESERVES '000

SHARE PREMIUM

'000

OTHER LIABILITIES

'000

TOTAL

'000

28Continental Reinsurance Plc

__

__

__

__

_

29Nigeria Reinsurance Co.

59,623_

__

1,222,174113,992

2,556,597164,852

4,117,238

TOTAL59,623

__

_1,222,174

113,9922,556,597

164,8524,117,238


DISTRIBUTION OF LIABILITIES OF LIFE INSURANCE COMPANIES (2013-2015)

LIABILITIES

2013

'000

2014

'000

INSURANCE FUNDS LIABILITIES


BORROWING

TRADE PAYABLE

SHARE CAPITAL

RESERVES

SHARE PREMIUM

OTHER LIABILITIES

TOTAL

93,596,793 (33.56)

81,317,347

(29.16)

2,079,460

(0.75)

5,842,240 (2.09)

55,921,198

(20.05)

-12,851,586 (- 0.05)

41,589,421 (14.91)

11,401,454

(4.09)

278,896,326

(100)

2015

'000

129,133,603 (37.80)

97,003,094

(28.40)

1,452,107

(0.43)

4,365,084

(1.28)

55,871,198

(16.36)

-9,992,476

(-2.93)

41,339,335

(12.10)

22,431,338

(6.56)

341,603,283

(100)

60

59,968,046

(13.92)

213,454,939

(49.56)

17,430,160

(4.05)435,973 (0.10)

8,634,680

(2.00)

36,812,031

(8.55)

5,500,000

(1.28)

88,485,273

(20.54)430,721,102

(100)

LIABILITIES OF LIFE INSURANCE COMPANIES 2015

INSURANCE FUNDS LIABILITIES, 48.35%

INVESTMENT LIABILITIES , 23.59%

BORROWING, 0.53%

TRADE PAYABLE, 1.40%

SHARE CAPITAL, 14.33%

RESERVES, -2.81%

SHARE PREMIUM, 9.82%OTHER LIABILITIES, 4.79%

INSURANCE FUNDS LIABILITIES


BORROWING

TRADE PAYABLE

SHARE CAPITAL

RESERVES

SHARE PREMIUM

OTHER LIABILITIES


61


62

ANALYSIS OF

INDUSTRY

PERFORMANCE


UNDERWRITING PERFORMANCE OF MEMBER COMPANIES GROSS PREMIUM, NET PREMIUM, PROFIT/LOSS BEFORE AND AFTER TAX, TOTAL ASSETS (2015)

63

PROFIT/LOSS PROFIT/LOSS TOTAL

GROSS NET BEFORE TAX AFTER TAX ASSETS

S/NOPREMIUM 2015 PREMIUM 2015 2015 2015 2015

NAME OF COMPANY 000 000 000 000 000

1 African Alliance Insurance Plc 10,131,775 10,065,669 764,481 630,161 23,127,708

2 AIICO Insurance Plc 32,449,277 28,787,115 1,448,082 966,465 80,724,025

3 Alliance & General Insurance plc 2,368,997 2,070,797 -450,596 -450,596 6,904,784

4 Alliance & General Life Assurance Plc 1,362,639 1,362,467 -160,001 -171,158 6,498,808

5 Anchor Insurance Company Ltd. 2,342,038 1,879,377 301,127 204,766 5,427,503

6 Arm Life Plc 3,337,916 3,180,364 -493,928 -529,245 10,083,867

7 AXA Mansard Insurance Plc 15,009,324 8,056,811 689,243 466,108 37,863,833

8 Capital Express Assurance Ltd. 4,931,955 3,412,559 54,871 444 7,070,463

9 Consolidated Hallmark Insurance Plc 6,039,452 3,381,960 686,997 534,279 6,964,210

10 Cornerstone Insurance Plc 7,211,936 5,323,487 -341,874 -545,248 17,255,166

11 Custodian & Allied insurance Plc 14,356,339 5,746,710 3,543,724 2,801,671 27,874,257

12 Custodian Life Insurance Ltd. 7,846,174 7,563,570 15,496 -176,834 17,307,389

13 Ensure Insurance Plc 2,876,443 2,176,010 -705,377 -726,758 15,431,220

14 Equity Assurance Plc 2,476,047 1,486,929 -695,571 -745,930 10,027,716

15 FBN General Insurance Limited 1,811,112 1,068,219 234,784 188,578 5,338,441

16 FBN Life Assurance Limited 10,307,383 9,942,935 1,844,023 1,671,213 20,926,548

17 Fin Insurance Company Ltd. 757,594 478,136 274,667 288,604 6,096,461

18 Goldlink Insurance Plc 3,127,981 2,732,472 -414,652 -529,207 3,471,409

19 Great Nigeria Insurance Plc 2,753,809 2,413,804 -67,953 -101,697 10,913,183

20 Guinea Insurance Plc 870,287 617,517 46,906 -7,227 4,116,103

21 Industrial & General Insurance Plc 5,423,549 3,794,327 -3,786,630 -3,172,422 33,447,162

22 International Energy Ins. Plc 3,847,583 2,671,766 -698,383 -710,009 8,071,742

23 Investment & Allied Ins. Plc 4,399 4,399 -127,779 -205,708 354,285

24 KBL Insurance Ltd. 1,801,328 1,294,307 125,024 -97,984 5,161,292

25 LASACO Assurance Plc 5,102,097 1,758,699 404,113 283,320 19,166,697

26 Law Union & Rock Ins. Plc 3,858,097 2,713,526 328,498 280,919 8,273,420

27 Leadway Assurance co. Ltd. 46,648,918 35,523,511 6,484,945 6,379,933 137,965,090

28 Linkage Assurance Plc 3,054,745 1,876,534 580,846 324,997 17,976,222

29 Mutual Benefits Assurance Ltd 10,541,503 4,581,656 901,266 652,613 15,798,729

30 Mutual Benefits Life Assurance Co. Ltd 3,337,711 3,242,425 151,832 107,246 32,604,357

31 NEM Insurance Plc 10,346,291 8,270,205 559,362 685,460 12,087,666

32 NICON Insurance Plc 1,039,295 941,814 -11,505,122 -11,362,126 39,394,235

33 Niger insurance Plc 10,496,778 10,178,783 703,946 569,188 20,386,496

34 Nigerian Agricultural Ins. Corporation 1,037,268 864,783 -194,264 -194,264 8,540,096

35 NSIA Insurance Company Limited 5,617,226 3,340,895 812,176 538,314 13,430,124

36 Old Mutual Insurance Co. Ltd. 3,104,096 1,245,958 13,043 -62,947 6,617,656

37 Old Mutual Life Assurance Co. Ltd. 1,741,115 956,252 -405,360 -431,982 7,186,540

38 Prestige Assurance Plc 2,430,533 924,893 20,339 145,295 10,367,741

39 Regency Alliance Insurance Plc 3,329,094 2,269,002 494,695 333,329 6,726,540

40 Royal Exchange Gen. Ins. Co. Ltd. 6,888,637 4,631,228 140,798 -203,660 18,383,126

41 Royal Exchange Prudential Life Plc 3,570,916 3,158,151 -818,526 -847,330 7,083,833

42 Sovereign Trust Insurance Plc 7,132,224 4,074,106 454,846 582,209 9,264,869

43 SpringLife AssurancePlc. 32,000 31,718 -365,555 -371,567 869,568

44 STACO Insurance Plc 5,730,161 4,262,680 62,340 14,393 10,485,099

45 Standard Alliance Insurance Plc 2,956,271 2,353,697 713,867 810,238 8,435,622

46 Standard Alliance Life Insurance Plc 2,279,300 1,542,579 134,069 106,139 3,925,662

47 Sterling Assurance Nigeria Ltd. 2,480,611 1,831,272 130,359 96,016 4,819,208

48 UBA Metropolitan Life Ins. Ltd. 2,289,935 2,022,538 695,901 674,889 6,750,736

49 UNIC Insurance Plc 259,313 249,754 -205,852 -234,128 5,294,939

50 Unitrust Insurance Co. Ltd. 2,456,292 1,277,468 1,312,715 1,236,959 10,959,063

51 UnityKapital Assurance Plc 2,651,719 2,063,127 411,081 340,503 10,728,219

52 Universal Insurance Plc 728,685 586,369 -447,789 -472,170 10,834,813

53 Wapic Insurance Plc 5,212,598 3,345,501 1,036,327 624,185 20,163,859

54 Wapic Life Ass. Ltd. 1,221,346 1,057,160 40,027 60,854 5,017,965

55 Zenith General Insurance Co.Ltd. 8,171,513 4,821,182 5,734,785 4,843,598 25,981,16256 Zenith Life Insurance Company Ltd. 3,363,440 2,710,288 867,407 1,040,737 8,898,320

TOTAL 312,555,065 228,219,461 11,333,796 6,133,426 894,875,247

REINSURANCE COMPANY

57 Continental Reinsurance Plc 15,366,113 13,611,310 2,540,244 1,934,387 26,531,47258 Nigeria Reinsurance Corporation 700,700 625,220 526,340 537,647 19,871,356

TOTAL 16,066,813 14,236,530 3,066,584 2,472,034 46,402,828


64

UNDERWRITING PERFORMANCE OF MEMBER COMPANIES GROSS PREMIUM INCOME (2013-2015)

GROSS GROSS GROSS MARKET SHARE %

PREMIUM 2013 PREMIUM 2014 PREMIUM 2015 RANKED % INCREASE / DECREASE

S/NO NAME OF COMPANY 000 000 000 2015 2014-2015

1 Leadway Assurance co. Ltd. 41,752,674 39,008,140 46,648,918 14.93 19.59

2 AIICO Insurance Plc 22,830,564 33,274,428 32,449,277 10.38 -2.48

3 AXA Mansard Insurance Plc 13,579,752 16,943,161 15,009,324 4.80 -11.41

4 Custodian & Allied insurance Plc 20,453,295 14,063,802 14,356,339 4.59 2.08

5 Mutual Benefits Assurance Ltd 5,326,871 11,354,526 10,541,503 3.37 -7.16

6 Niger insurance Plc 10,443,205 11,064,824 10,496,778 3.36 -5.13

7 NEM Insurance Plc 8,261,325 9,448,284 10,346,291 3.31 9.50

8 FBN Life Assurance Limited 3,898,947 7,129,474 10,307,383 3.30 44.57

9 African Alliance Insurance Plc 6,635,633 10,131,775 10,131,775 3.24 0.00

10 Zenith General Insurance Co.Ltd. 6,492,142 7,720,365 8,171,513 2.61 5.84

11 Custodian Life Insurance Ltd. 2,509,246 3,102,195 7,846,174 2.51 152.92

12 Cornerstone Insurance Plc 5,263,479 5,138,561 7,211,936 2.31 40.35

13 Sovereign Trust Insurance Plc 8,673,676 7,286,511 7,132,224 2.28 -2.12

14 Royal Exchange Gen. Ins. Co. Ltd. 6,733,550 6,719,311 6,888,637 2.20 2.52

15 Consolidated Hallmark Insurance Plc 4,153,820 4,614,438 6,039,452 1.93 30.88

16 STACO Insurance Plc 5,764,811 5,963,995 5,730,161 1.83 -3.92

17 NSIA Insurance Company Limited 4,664,955 5,509,988 5,617,226 1.80 1.95

18 Industrial & General Insurance Plc 6,132,024 5,423,549 5,423,549 1.74 0.00

19 Wapic Insurance Plc 2,503,655 4,015,687 5,212,598 1.67 29.81

20 LASACO Assurance Plc 5,342,239 5,633,596 5,102,097 1.63 -9.43

21 Capital Express Assurance Ltd. 3,423,991 1,912,469 4,931,955 1.58 157.88

22 Law Union & Rock Ins. Plc 3,443,575 4,161,333 3,858,097 1.23 -7.29

23 International Energy Ins. Plc 4,779,505 4,830,486 3,847,583 1.23 -20.35

24 Royal Exchange Prudential Life Plc 2,142,457 2,366,568 3,570,916 1.14 50.89

25 Zenith Life Insurance Company Ltd. 1,552,731 2,325,452 3,363,440 1.08 44.64

26 Arm Life Plc 1,017,589 3,372,602 3,337,916 1.07 -1.03

27 Mutual Benefits Life Assurance Co. Ltd 2,534,143 3,543,233 3,337,711 1.07 -5.80

28 Regency Alliance Insurance Plc 3,146,315 3,534,717 3,329,094 1.07 -5.82

29 Goldlink Insurance Plc 4,428,066 3,127,981 3,127,981 1.00 0.00

30 Old Mutual Insurance Co. Ltd. 1,830,554 2,713,725 3,104,096 0.99 14.39

31 Linkage Assurance Plc 2,689,148 3,054,745 3,054,745 0.98 0.00

32 Standard Alliance Insurance Plc 3,823,518 4,333,254 2,956,271 0.95 -31.78

33 Ensure Insurance Plc 3,671,735 3,910,673 2,876,443 0.92 -26.45

34 Great Nigeria Insurance Plc 2,881,139 2,753,809 2,753,809 0.88 0.00

35 UnityKapital Assurance Plc 2,901,845 3,032,045 2,651,719 0.85 -12.54

36 Sterling Assurance Nigeria Ltd. 3,038,487 2,627,110 2,480,611 0.79 -5.58

37 Equity Assurance Plc 3,256,827 3,415,146 2,476,047 0.79 -27.50

38 Unitrust Insurance Co. Ltd. 3,023,935 2,845,108 2,456,292 0.79 -13.67

39 Prestige Assurance Plc 4,222,338 2,653,969 2,430,533 0.78 -8.42

40 Alliance & General Insurance plc 2,368,998 2,368,997 2,368,997 0.76 0.00

41 Anchor Insurance Company Ltd. 1,927,910 1,905,014 2,342,038 0.75 22.94

42 UBA Metropolitan Life Ins. Ltd. 1,576,200 1,753,008 2,289,935 0.73 30.63

43 Standard Alliance Life Insurance Plc 1,874,250 1,586,774 2,279,300 0.73 43.64

44 FBN General Insurance Limited 1,243,465 1,703,833 1,811,112 0.58 6.30

45 KBL Insurance Ltd. 1,532,791 1,852,345 1,801,328 0.58 -2.75

46 Old Mutual Life Assurance Co. Ltd. 701,077 1,109,250 1,741,115 0.56 56.96

47 Alliance & General Life Assurance Plc 1,362,639 1,362,639 1,362,639 0.44 0.00

48 Wapic Life Ass. Ltd. 655,869 651,449 1,221,346 0.39 87.48

49 NICON Insurance Plc 1,629,160 1,039,295 1,039,295 0.33 0.00

50 Nigerian Agricultural Ins. Corporation 878,789 1,243,238 1,037,268 0.33 -16.57

51 Guinea Insurance Plc 1,088,340 1,093,413 870,287 0.28 -20.41

52 Fin Insurance Company Ltd. 856,097 795,729 757,594 0.24 -4.79

53 Universal Insurance Plc 620,247 722,228 728,685 0.23 0.89

54 UNIC Insurance Plc 259,313 259,313 259,313 0.08 0.00

55 SpringLife AssurancePlc. 32,000 32,000 32,000 0.01 0.00

56 Investment & Allied Ins. Plc 4,399 4,399 4,399 0.00 0.00

TOTAL 267,835,305 293,543,959 312,555,065 100 6.48

REINSURANCE COMPANY

57 Continental Reinsurance Plc 14,053,252 13,176,217 15,366,113 95.64 16.62

58 Nigeria Reinsurance Corporation 477,161 787,321 700,700 4.36 -11.00

TOTAL 14,530,413 13,963,538 16,066,813 100 15.06


UNDERWRITING PERFORMANCE OF MEMBER COMPANIES NET PREMIUM INCOME (2011-2015)

NET NET NET NET NET

S/NO NAME OF COMPANY PREMIUM 2011 PREMIUM 2012 PREMIUM 2013 PREMIUM 2014 PREMIUM 2015

000 000 000 000 000

1 African Alliance Insurance Co. Ltd 1,805,244 3,349,502 6,559,254 10,065,669 10,065,669

2 AIICO Insurance Plc 16,128,960 15,730,457 18,049,958 28,568,226 28,787,115

3 Alliance & General Insurance Co Ltd _ 2,070,797 2,070,797 2,070,797 2,070,797

4 Alliance & General Life Assurance Plc _ 1,362,467 1,362,467 1,362,467 1,362,467

5 Anchor Insurance Company Ltd. 1,116,630 1,646,786 1,495,180 1,599,206 1,879,377

6 Arm Life Plc 2,289,617 1,762,149 863,336 3,175,200 3,180,364

7 AXA Mansard Insurance Plc 4,869,160 7,501,113 7,901,757 9,009,841 8,056,811

8 Capital Express Assurance Ltd. 3,315,103 2,750,583 3,346,234 1,870,907 3,412,559

9 Consolidated Hallmark Insurance Plc 2,936,470 2,849,273 2,727,450 2,649,526 3,381,960

10 Cornerstone Insurance Plc 2,793,975 3,354,868 2,872,479 3,392,157 5,323,487


12 Custodian Life Insurance Ltd. 1,056,384 1,650,442 2,297,055 2,517,091 7,563,570

13 Ensure Insurance Plc 3,098,008 3,518,823 2,701,856 3,129,268 2,176,010

14 Equity Assurance Plc 1,688,932 2,612,848 2,523,266 2,476,894 1,486,929

15 FBN General Insurance Limited 1,358,474 1,438,514 1,017,426 1,315,470 1,068,219


17 Fin Insurance Company Ltd. 1,120,410 1,143,910 652,932 598,727 478,136

18 Goldlink Insurance Plc 3,618,646 3,618,646 3,630,930 2,732,472 2,732,472

19 Great Nigeria Insurance Plc 2,121,665 2,543,563 2,543,563 2,413,804 2,413,804

20 Guinea Insurance Plc 1,017,768 1,030,395 985,182 850,603 617,517

21 Industrial & General Insurance Plc 7,080,969 5,804,649 4,521,813 3,794,327 3,794,327

22 International Energy Ins. Plc 3,921,984 5,008,213 4,019,639 4,096,283 2,671,766

23 Investment & Allied Ins. Plc 37,927 37,927 4,399 4,399 4,399

24 KBL Insurance Ltd. 1,908,350 1,507,608 1,224,404 1,537,673 1,294,307

25 LASACO Assurance Plc 2,925,210 2,608,742 3,609,819 3,151,034 1,758,699

26 Law Union & Rock Ins. Plc 3,564,343 3,239,986 2,538,774 2,924,633 2,713,526


28 Linkage Assurance Plc 1,727,983 1,262,474 2,143,276 1,876,534 1,876,534

29 Mutual Benefits Assurance Plc 5,285,482 4,559,148 4,448,312 5,283,657 4,581,656

30 Mutual Benefits Life Ass. Co. Ltd 4,561,412 2,602,995 2,458,683 3,432,971 3,242,425

31 NEM Insurance Plc 7,525,020 9,066,054 7,936,798 7,936,798 8,270,205

32 NICON Insurance Plc 1,343,514 1,343,514 1,343,514 941,814 941,814

33 Niger insurance Plc 7,480,764 10,012,340 9,455,675 10,556,891 10,178,783

34 Nigerian Agricultural Ins. Corporation 1,117,377 925,556 717,584 1,039,360 864,783

35 NSIA Insurance Company Limited 2,407,123 2,537,815 2,934,509 3,730,608 3,340,895

36 Old Mutual Insurance Co. Ltd. 1,225,961 886,939 900,682 1,296,008 1,245,958

37 Old Mutual Life Assurance Co. Ltd. 431,626 458,541 461,616 571,251 956,252

38 Prestige Assurance Plc 1,623,629 1,896,551 1,242,162 1,207,615 924,893

39 Regency Alliance Insurance Plc 1,492,116 1,777,167 2,303,363 2,094,967 2,269,002

40 Royal Exchange Gen. Ins. Co. Ltd. 3,915,831 4,525,308 4,349,550 4,671,692 4,631,228

41 Royal Exchange Prudential Life Plc 547,297 1,142,623 1,940,992 2,030,024 3,158,151

42 Sovereign Trust Insurance Plc 4,465,718 4,861,037 5,545,186 4,235,913 4,074,106

43 SpringLife AssurancePlc. _ 794,470 31,718 31,718 31,718

44 STACO Insurance Plc 6,123,229 6,281,280 4,970,001 4,494,824 4,262,680

45 Standard Alliance Insurance Plc 4,373,808 5,016,586 3,139,802 3,858,239 2,353,697

46 Standard Alliance Life Ass. Ltd. 1,780,256 2,046,241 1,281,566 1,020,968 1,542,579

47 Sterling Assurance Nigeria Ltd. 2,074,689 2,420,312 2,399,293 1,796,253 1,831,272

48 UBA Metropolitan Life Ins. Ltd. 1,674,765 1,890,173 1,435,114 1,558,407 2,022,538

49 UNIC Insurance Plc 457,752 457,752 249,754 249,754 249,754


51 UnityKapital Assurance Plc 1,657,047 2,482,053 2,335,910 2,425,821 2,063,127


53 Wapic Insurance Plc 2,478,699 1,724,384 1,619,973 2,377,254 3,345,501

54 Wapic Life Ass. Ltd. 1,173,353 1,018,125 599,566 545,882 1,057,160

55 Zenith General Insurance Co.Ltd. 3,780,873 3,239,527 3,911,661 4,423,786 4,821,182

56 Zenith Life Insurance Company Ltd. 830,500 1,539,262 1,280,425 1,749,252 2,710,288

TOTAL 167,552,829 190,430,399 198,231,946 211,095,508 228,219,461

REINSURANCE COMPANY

57 Continental Reinsurance Plc 8,513,816 10,843,431 12,462,846 11,531,613 13,611,310

58 Nigeria Reinsurance Corporation 941,257 778,966 405,971 727,003 625,220

TOTAL 9,455,073 11,622,397 12,868,817 12,258,616 14,236,530

65


66

UNDERWRITING PERFORMANCE OF MEMBER COMPANIES PROFIT/LOSS BEFORE TAX (2011-2015)

PROFIT/LOSS PROFIT/LOSS PROFIT/LOSS PROFIT/LOSS PROFIT/LOSS

BEFORE TAX BEFORE TAX BEFORE TAX BEFORE TAX BEFORE TAX

S/NO NAME OF COMPANY 2011 2012 2013 2014 2015

000 000 000 000 000

African Alliance Insurance Plc -1,448,564 196,995 -2,961,883 764,481 764,481

2 AIICO Insurance Plc 1,517,958 1,977,753 -1,510,962 3,110,192 1,448,082

3 Alliance & General Insurance Co Ltd _ -450,596 -450,596 -450,596 -450,596

4 Alliance & General Life Assurance Plc _ -160,001 -160,001 -160,001 -160,001


6 Arm Life Plc 227,078 -569,292 -839,880 -902,935 -493,928

7 AXA Mansard Insurance Plc 1,305,829 1,730,635 867,338 1,026,336 689,243

8 Capital Express Assurance Ltd. -53,862 -496,680 -99,364 16,008 54,871

9 Consolidated Hallmark Insurance Plc 265,202 540,760 -193,149 188,048 686,997

10 Cornerstone Insurance Plc 114,439 399,654 916,891 1,373,643 -341,874


12 Custodian Life Insurance Ltd. 118,197 518,297 78,982 1,003,983 15,496

13 Ensure Insurance Plc 143,690 -577,939 -894,336 -1,629,634 -705,377

14 Equity Assurance Plc -29,502 97,555 -752,133 161,050 -695,571

15 FBN General Insurance Limited 120,284 247,672 -60,656 271,530 234,784

16 FBN Life Assurance Limited -262,953 425,659 520,451 1,125,478 1,844,023

17 Fin Insurance Company Ltd. 138,766 126,718 240,822 -136,438 274,667

18 Goldlink Insurance Plc -346,987 -346,987 -346,987 -414,652 -414,652

19 Great Nigeria Insurance Plc 76,271 1,275,503 1,275,503 -67,953 -67,953

20 Guinea Insurance Plc -436,213 175,933 300,282 -14,372 46,906

21 Industrial & General Insurance Plc 2,072 -4,224,952 -2,188,231 -3,786,630 -3,786,630

22 International Energy ins. Plc -4,458,998 -787,058 330,045 -1,871,233 -698,383

23 Investment & Allied Ins. Plc -679,957 -679,957 -127,779 -127,779 -127,779

24 KBL Insurance Ltd. -467,254 705,348 226,631 147,072 125,024

25 LASACO Assurance Plc 478,919 -180,091 412,807 525,856 404,113

26 Law Union & Rock Ins. Plc 170,625 -1,190,800 459,938 259,830 328,498

27 Leadway Assurance co. Ltd. 1,549,073 826,488 2,732,306 3,394,792 6,484,945

28 Linkage Assurance Plc 238,721 -212,203 563,062 580,846 580,846

29 Mutual Benefits Assurance Plc 907,826 -224,161 665,282 2,605,488 901,266

30 Mutual Benefits Life Ass. Co. Ltd 149,076 -154,792 126,693 590,863 151,832

31 NEM Insurance Plc 1,423,229 652,749 506,889 1,740,084 559,362

32 NICON Insurance Plc -60,252 -60,252 -60,252 -11,505,122 -11,505,122

33 Niger insurance Plc 1,418,654 256,561 674,305 638,465 703,946

34 Nigerian Agricultural Ins. Corporation 231,390 -156,122 685,892 394,950 -194,264

35 NSIA Insurance Company Limited 809,849 1,324,521 1,048,507 1,326,945 812,176

36 Old Mutual Insurance Co. Ltd. 781,076 485,698 -4,447 147,815 13,043

37 Old Mutual Life Assurance Co. Ltd. 422,296 212,409 -370,231 -1,200,586 -405,360


39 Regency Alliance Insurance Plc 281,874 654,068 705,141 304,407 494,695

40 Royal Exchange Gen. Ins. Co. Ltd. 544,932 765,019 539,520 159,413 140,798

41 Royal Exchange Prudential Life Plc -239,994 -223,765 130,482 162,909 -818,526

42 Sovereign Trust Insurance Plc 798,106 1,585,113 274,859 326,021 454,846

43 SpringLife AssurancePlc. _ 338,338 -365,555 -365,555 -365,555

44 STACO Insurance Plc -1,031,523 310,761 570,017 137,683 62,340

45 Standard Alliance Insurance Plc 269,490 -1,886,185 -789,737 -1,982,613 713,867

46 Standard Alliance Life Ass. Ltd. 77,254 384,875 -406,915 -1,508,457 134,069

47 Sterling Assurance Nigeria Ltd. 382,345 -64,529 -544,889 -123,012 130,359

48 UBA Metropolitan Life Ins. Ltd. -39,622 515,459 328,182 255,008 695,901

49 UNIC Insurance Plc 115,607 115,607 -205,852 -205,852 -205,852

50 Unitrust Insurance Co. Ltd. 688,943 736,180 1,892,738 1,897,686 1,312,715


52 Universal Insurance Plc 133,053 191,275 345,404 -447,789 -447,789

53 Wapic Insurance Plc 227,070 383,460 -209,850 274,828 1,036,327

54 Wapic Life Ass. Ltd. 129,686 80,860 -378,138 423,046 40,027


56 Zenith Life Insurance Company Ltd. 231,009 381,057 981,553 1,373,090 867,407

TOTAL 10,863,688 10,968,760 9,851,824 6,363,669 11,333,796

REINSURANCE COMPANY


58 Nigeria Reinsurance Corporation (124,993) -4,211,963 191,654 73,066 526,340

TOTAL 1,471,524 -2,231,563 2,193,064 1,353,060 3,066,584

1


UNDERWRITING PERFORMANCE OF MEMBER COMPANIES PROFIT/LOSS AFTER TAX (2011-2015)

67

PROFIT/LOSS PROFIT/LOSS PROFIT/LOSS PROFIT/LOSS PROFIT/LOSS

AFTER TAX AFTER TAX AFTER TAX AFTER TAX AFTER TAX


000 000 000 000 000

1 African Alliance Insurance Plc -1,265,641 36,306 -3,022,867 630,161 630,161

2 AIICO Insurance Plc 1,332,464 1,247,963 -930,157 2,131,893 966,465

3 Alliance & General Insurance Co Ltd _ -450,596 -450,596 -450,596 -450,596

4 Alliance & General Life Assurance Plc _ -171,158 -171,158 -171,158 -171,158


6 Arm Life Plc 202,291 -642,471 -934,809 -1,042,428 -529,245

7 AXA Mansard Insurance Plc 1,003,640 1,380,054 959,868 640,455 466,108

8 Capital Express Assurance Ltd. -55,413 -517,735 -109,245 4,330 444

9 Consolidated Hallmark Insurance Plc 271,687 382,488 -207,112 185,053 534,279

10 Cornerstone Insurance Plc 156,344 433,981 908,135 1,265,825 -545,248

11 Custodian & Allied insurance Plc 1,308,776 822,674 2,065,076 2,197,842 2,801,671

12 Custodian Life Insurance Ltd. 43,262 445,849 79,109 1,014,485 -176,834

13 Ensure Insurance Plc 105,806 -682,867 -1,203,956 -1,668,104 -726,758

14 Equity Assurance Plc -91,390 59,887 -773,660 87,657 -745,930

15 FBN General Insurance Limited 106,897 230,988 -71,836 167,555 188,578

16 FBN Life Assurance Limited -278,895 393,543 433,599 953,186 1,671,213

17 Fin Insurance Company Ltd. 70,471 102,107 20,729 -130,440 288,604

18 Goldlink Insurance Plc -362,806 -362,806 -362,806 -529,207 -529,207

19 Great Nigeria Insurance Plc 143,800 903,096 903,096 -101,697 -101,697

20 Guinea Insurance Plc -655,741 50,090 39,835 -81,898 -7,227

21 Industrial & General Insurance Plc -856,130 -4,396,013 -2,333,199 -3,172,422 -3,172,422

22 International Energy ins. Plc -4,493,317 -807,646 330,045 -2,164,762 -710,009


24 KBL Insurance Ltd. -482,996 677,139 90,711 176,150 -97,984

25 LASACO Assurance Plc 212,743 -255,025 275,340 445,745 283,320

26 Law Union & Rock Ins. Plc 136,250 -1,337,180 485,432 125,435 280,919

27 Leadway Assurance co. Ltd. 1,043,477 673,568 1,718,079 2,809,577 6,379,933


29 Mutual Benefits Assurance Ltd 763,828 -475,292 530,083 2,243,768 652,613

30 Mutual Benefits Life Ass. Co. Ltd 58,529 -174,842 77,420 569,090 107,246

31 NEM Insurance Plc 1,297,646 434,075 368,908 1,507,179 685,460

32 NICON Insurance Plc -60,252 -60,252 -60,252 -11,362,126 -11,362,126

33 Niger insurance Plc 1,240,095 223,028 599,472 538,775 569,188

34 Nigerian Agricultural ins. Corporation 231,390 -156,122 685,892 394,950 -194,264

35 NSIA Insurance Company Limited 448,270 978,950 876,568 1,109,841 538,314

36 Old Mutual Insurance Co. Ltd. 621,424 359,748 -30,872 103,143 -62,947

37 Old Mutual Life Assurance Co. Ltd. 277,979 176,550 -444,676 -1,274,501 -431,982

38 Prestige Assurance Plc 255,990 603,019 -90,836 14,187 145,295

39 Regency Alliance Insurance Plc 247,126 391,081 403,603 294,908 333,329

40 Royal Exchange Gen. Ins. Co. Ltd. 345,628 719,299 611,578 57,109 -203,660

41 Royal Exchange Prudential Life Plc -255,317 -248,207 78,027 140,430 -847,330

42 Sovereign Trust Insurance Plc 704,114 1,476,355 346,930 294,943 582,209

43 SpringLife AssurancePlc. _ 346,529 -371,567 -371,567 -371,567

44 STACO Insurance Plc -1,051,536 247,333 481,334 95,980 14,393

45 Standard Alliance Insurance Plc 174,582 -2,024,232 -880,943 -2,080,642 810,238

46 Standard Assurance Life Ass. Co. Ltd. 44,568 336,074 -426,300 -1,532,213 106,139

47 Sterling Assurance Nigeria Ltd. 288,057 -59,967 -595,354 -165,343 96,016

48 UBA Metropolitan Life Ins. Ltd. -64,208 501,140 318,764 239,139 674,889

49 UNIC Insurance Plc 106,434 106,434 -234,128 -234,128 -234,128

50 Unitrust Insurance Co. Ltd. 369,264 694,255 1,380,958 1,392,909 1,236,959


52 Universal Insurance Plc 115,234 166,409 303,955 -472,170 -472,170


54 Wapic Life Ass. Ltd. 68,129 63,455 -189,314 106,574 60,854

55 Zenith General Insurance Co.Ltd. 748,896 1,670,511 1,906,936 2,667,589 4,843,598

56 Zenith Life Insurance Company Ltd. 208,995 370,574 840,830 1,131,927 1,040,737

TOTAL 5,008,842 5,324,608 4,997,577 -691,724 6,133,426

REINSURANCE COMPANY

57 Continental Reinsurance Plc 1,232,775 1,626,568 1,586,457 661,523 1,934,387

58 Nigeria Reinsurance Corporation -5,311 -4,361,930 108,959 89,112 537,647

TOTAL 1,227,464 -2,735,362 1,695,416 750,635 2,472,034


68

GRO

SS PREMIU

M IN

COM

E BY CLASS O

F BUSIN

ESS (2006 - 2015)

FIRE

9,816,720

(11.9)

10,382,955

(10.3)

15,618,399

10.39

16,536,188

9.24

19,293,160

(10.38)

19,863,584

(9.12)

21,788,018

(8.64)24,451,478 (9.13)

26,170,263

(8.92)

27,359,389

(8.75)

MOTOR

17,107,755

(20.8)

25,219,697

25.1

38,118,374

25.41

45,215,143

25.27

42,039,418

(22.63)

44,652,858

(20.51)

44,813,708

(17.76)

39,849,449

(14.88)

42,905,736

(14.62)

39,840,893

(12.75)

GEN. ACCIDENT

11,945,443

(14.5)

16,191,192

16.1

22,535,583

14.99

23,912,005

13.36

28,591,643

(15.39)

29,593,631

(13.59)

29,746,702

(11.80)

27,984,199

(10.45)

29,772,790

(10.14)

30,571,785

(9.78)

MARINE & AVIATION

7,840,874

(9.5)

11,255,655

11.2

17,231,092

11.64

16,727,575

9.35

20,097,368

(10.82)

23,400,508

(10.74)

20,967,940

(8.32)18,685,531 (6.98)

20,715,083

(7.06)

19,527,646

(6.25)

WC

923,978

(1.1)

983,994

1.0

719,870

0 .47

1,703,567

0.95

903,247

(0.49) 630,823

(0.29)

502,604

(0.20)

365,976

(0.14)

270,049

(0.09)

205,441

(0.07)

OIL & GAS

14,907,423

(18.1)

12,980,601

12.9

17,402,580

11.58

31,577,402

17.65

26,092,070

(14.05)

34,121,742

(15.67)

55,754,181

(22.11)

66,813,748

(24.95)

52,870,899

(18.01)

51,120,210

(16.36)

MISC.

5,392,563

(6.6)

7,822,302

7.8

9,136,857

6.07

8,982,019

5.02

8,945,187

(4.82)

10,930,711

(5.02)8,599,721 (3.42)

9,269,958 (3.46)

12,262,676

(4.18)

6,666,029

(2.13)

ENGINEERING _

__

__

__

__

3,195,688

(1.02)

OTHERS

1,611,684

(2.0)-

--

__

__

__

LIFE

12,742,666

(15.5)

15,783,115

15.7

29,327,684

(19.54)

34,291,951

19.17

39,760,889

(21.41)

54,554,151

(25.05)

69,965,203

(27.75)

80,415,942

(30.02)

108,576,192

(36.99)

134,067,982

(42.89)

TOTAL

82,289,108

(100)

100,619,511

(100)

150,259,567

(100)

178,952,850

(100)

185,729,982

(100)

217,748,008

(100)

252,138,077

(100)

267,835,305

(100)

293,543,959

(100)

312,555,065

(100)

CLASS OF BUSINESS

2006

'000

2007

'000

2008

'000

2015

'000

2010

'000

2009

'000

2011

'000

2012

'000

2013

'000

2014

'000


69

DISTRIBUTION OF GROSS PREMIUM BY CLASS OF BUSINESS 2015

There was a change in distribution of business in 2015. Life business accounted for 42.89% of the industry's total gross premium compared to 36.99 in 2014. The motor insurance class decreased from 14.62% in 2014 to 12.75 in 2015. Oil and gas insurance business also decreased from 14.62% in 2014 to 16.36% in 2015.

Total contribution of other classes to the gross premium income of the market decreased from 30.38%in 2014 to 27.98% in 2015.

The improvement in Life Insurance Business portfolio is good development for the insurance market.

GROSS PREMIUM BY CLASS OF BUSINESS 2015

FIRE, 8.75%

MOTOR, 12.75%

GEN. ACCIDENT, 9.78%

MARINE & AVIATION, 6.25%

WC, 0.07%

OIL & GAS, 16.36%

MISC., 2.13%ENGINEERING , 1.02%

LIFE, 42.89%

FIRE

MOTOR

GEN. ACCIDENT

MARINE & AVIATION

WC

OIL & GAS

MISC.

ENGINEERING

LIFE


70

SHAREHOLDERS' FUND OF MEMBER COMPANIES (2011-2015)

SHAREHOLDERS' SHAREHOLDERS' SHAREHOLDERS' SHAREHOLDERS' SHAREHOLDERS'

FUNDS FUNDS FUNDS FUNDS FUNDS

2011 2012 2013 2014 2015


1 African Alliance Insurance Plc 7,086,215 7,594,298 4,584,380 5,270,215 5,270,215





6 Arm Life Plc 3,201,860 2,874,025 1,943,361 2,289,181 1,740,046











17 Fin Insurance Company Ltd. 4,718,714 4,559,920 4,783,510 4,861,858 4,952,067

18 Goldlink Insurance Plc 6,338,862 6,338,862 6,338,862 -3,901,836 -3,901,836


20 Guinea Insurance Plc 2,647,717 2,562,012 2,982,953 2,896,428 2,899,952


22 International Energy ins. Plc 4,118,590 398,611 575,184 -1,522,561 -2,121,064










32 NICON Insurance Plc 11,821,621 11,821,621 11,821,621 16,589,592 16,589,592


34 Nigerian Agricultural ins. Corporation 6,740,977 6,687,564 6,004,549 7,764,182 7,050,515


36 Old Mutual Insurance Co. Ltd. 4,481,730 4,469,297 4,438,425 4,691,567 4,558,620

37 Old Mutual Life Assurance Co. Ltd. 2,596,010 2,663,490 2,618,814 3,030,803 4,648,140

38 Prestige Assurance Plc 4,743,412 3,866,203 4,413,343 4,576,147 5,991,827



41 Royal Exchange Prudential Life Plc 2,974,270 3,086,875 3,158,460 3,165,713 2,317,147


43 SpringLife AssurancePlc. _ 2,330,947 -351,123 -351,123 -351,123



46 Standard Alliance Life Co. Ltd. 2,130,707 2,123,197 2,109,943 720,918 827,057



49 UNIC Insurance Plc 2,488,939 2,488,939 2,701,096 2,701,096 2,701,096



52 Universal Insurance Plc 6,873,203 8,544,483 8,868,656 8,260,596 8,260,596


54 Wapic Life Ass. Ltd. 2,092,616 2,117,021 2,186,112 4,463,181 2,553,540


56 Zenith Life Insurance Company Ltd. 2,360,866 3,099,916 3,985,934 4,357,999 3,803,776

TOTAL 281,937,351 303,507,479 310,821,536 317,960,273 343,602,743

REINSURANCE COMPANY


58 Nigeria Reinsurance Corporation 11,990,768 15,669,399 17,726,010 17,787,544 18,888,713

TOTAL 23,945,914 28,904,766 31,873,345 31,414,203 33,105,336


SHARE CAPITAL OF MEMBER COMPANIES (2011 - 2015)

SHARE CAPITAL SHARE CAPITAL SHARE CAPITAL SHARE CAPITAL SHARE CAPITAL

2011 2012 2013 2014 2015

S/NO NAME OF COMPANY `000 `000 `000 `000 `000

1 African Alliance Insurance Plc 10,292,500 10,292,500 10,292,500 10,292,500 10,292,500





6 Arm Life Plc 2,892,836 2,892,836 2,892,836 2,892,836 2,892,836
















22 International Energy ins. Plc 3,210,214 3,210,214 642,043 642,043 642,043

23 Investment & Allied Ins. Plc 14,000,000 14,000,000 14,000,000 14,000,000 14,000,000







30 Mutual Benefits Life Ass.Co. Ltd 150,000 150,000 150,000 150,000 150,000




34 Nigerian Agricultural ins. Corporation 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000









43 SpringLife AssurancePlc. _ 1,500,000 1,500,000 1,500,000 1,500,000



46 Standard Alliance Life Ass. Co. Ltd. 2,700,000 2,700,000 2,700,000 2,700,000 2,700,000








54 Wapic Life Ass. Ltd. 2,250,000 2,250,000 2,500,000 2,700,000 2,700,000


56 Zenith Life Insurance Company Ltd. 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000

TOTAL 189,592,357 196,412,750 200,117,965 202,399,596 213,274,363

REINSURANCE COMPANY


58 Nigeria Reinsurance Corporation 3,196,105 2,258,605 2,258,605 3,387,908 4,404,280

TOTAL 8,382,477 7,444,977 7,444,977 8,574,280 9,590,652

71


72

17.24 288,497,860 -10.16

2006 - 2015

15.79 399,373,199 36.27

6.23 506,241,456 26.76

82,289,108

100,619,511

150,259,567

179,940,788

185,729,982

217,748,008

252,138,077

267,835,305

293,543,959 9.60 566,931,849

2011

2012

2013

2014 11.99

2015 312,555,065 6.48 651,630,334 14.94

0

10000000

20000000

30000000

40000000

50000000

60000000

70000000

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

YEAR

GROSS PREMIUM INCOME

TOTAL INVESTMENT

`000 `000


TOTAL ASSETS OF MEMBER COMPANIES (2011-2015)

73

TOTAL TOTAL TOTAL TOTAL TOTAL

ASSETS ASSETS ASSETS ASSETS ASSETS

2011 2012 2013 2014 2015


1 African Alliance Insurance 12,893,648 14,835,783 16,058,408 23,127,708 23,127,708





6 Arm Life Plc 5,763,511 5,937,313 4,808,884 7,887,380 10,083,867


8 Capital Express Assurance Ltd 5,884,647 4,804,556 6,973,312 5,449,127 7,070,463



11 Custodian & Allied Insurance Plc 18,013,383 24,340,553 29,176,148 27,574,450 27,874,257











22 International Energy Ins. Plc 11,365,696 10,118,754 9,448,579 8,735,758 8,071,742

23 Investment & Allied Ins. Plc 353,569 353,569 354,285 354,285 354,285




27 Leadway Assurance Co. Ltd. 42,578,984 66,324,686 97,341,534 101,013,364 137,965,090


29 Mutual Benefits Assurance Ltd 12,199,778 13,893,809 14,448,462 14,488,600 15,798,729




33 Niger Insurance Plc 21,089,402 21,732,480 24,181,641 22,214,614 20,386,496

34 Nigerian Agricultural Ins. Corporation 7,267,662 7,442,950 7,170,821 8,668,734 8,540,096









43 Springlife Assurance Plc _ 1,928,970 869,568 869,568 869,568



46 Standard Alliance Life Ass. Co. Ltd 4,444,194 4,591,826 6,904,155 3,721,964 3,925,662


48 UBA Metropolitan Life Ins. Co. 4,122,066 5,406,205 5,889,932 5,988,749 6,750,736






54 Wapic Life Assurance Ltd 3,866,522 4,287,565 4,344,056 4,463,181 5,017,965

55 Zenith General Insurance Co. Ltd. 12,627,487 16,023,279 20,027,989 22,651,897 25,981,16256 Zenith Life Insurance Co. Ltd 3,393,915 4,683,688 5,606,729 7,353,899 8,898,320

TOTAL 573,472,632 661,967,570 750,923,727 794,982,012 894,875,247

REINSURANCE COMPANY

57 Continental Reinsurance Plc 20,495,589 24,049,439 25,042,296 24,884,501 26,531,47258 Nigeria Reinsurance Corporation 13,753,977 17,094,767 18,713,753 18,680,908 19,871,356

TOTAL 34,249,566 41,144,206 43,756,049 43,565,409 46,402,828


INVESTMENT INVESTMENT INVESTMENT MANAGEMENT MANAGEMENT MANAGEMENT

INCOME INCOME INCOME EXPENSES EXPENSES EXPENSES

S/NO NAME OF COMPANY 2013 2014 2015 2013 2014 2015

000 000 000 000 000 000

1 African Alliance Insurance Plc 375,590 493,261 493,261 1,187,627 1,545,501 1,545,501

2 AIICO Insurance Plc 1,234,747 3,567,791 5,501,023 2,558,194 5,002,178 5,194,597

3 Alliance & General Insurance Co Ltd 21,346 21,346 21,346 371,185 371,185 371,185

4 Alliance & General Life Assurance Plc 76,542 76,542 76,542 26,216 26,216 26,216

5 Anchor Insurance Company Ltd. 260,594 153,907 176,561 719,936 704,295 843,877

6 Arm Life Plc 300,399 317,966 294,616 1,164,087 1,162,554 1,142,920

7 AXA Mansard Insurance Plc 1,842,828 1,468,309 1,711,907 2,777,639 3,443,136 2,569,445

8 Capital Express Assurance Ltd. 161,923 95,770 163,076 992,497 850,012 957,989

9 Consolidated Hallmark Insurance Plc 996,255 299,596 402,048 308,093 984,090 1,126,381

10 Cornerstone Insurance Plc 1,590,867 1,470,040 770,025 1,513,663 1,953,729 2,247,151

11 Custodian & Allied insurance Plc 1,964,825 2,972,576 1,735,971 1,752,675 1,812,400 1,999,057

12 Custodian Life Insurance Ltd. 636,860 359,797 868,669 890,247 837,153 856,472

13 Ensure Insurance Plc 487,269 400,260 179,311 1,035,790 1,773,214 1,882,315

14 Equity Assurance Plc 370,981 157,381 409,581 1,403,184 1,197,961 1,832,542

15 FBN General Insurance Limited 64,535 179,586 270,645 591,486 539,270 707,745

16 FBN Life Assurance Limited 762,994 947,893 1,695,224 1,105,760 1,491,156 2,007,522

17 Fin Insurance Company Ltd. 399,222 505,832 622,192 706,281 854,157 679,403

18 Goldlink Insurance Plc 167,163 34,110 34,110 799,993 1,396,451 1,396,451

19 Great Nigeria Insurance Plc 836,996 328,134 328,134 725,168 1,015,027 1,015,027

20 Guinea Insurance Plc 534,652 244,066 200,721 437,513 750,143 705,954

21 Industrial & General Insurance Plc 1,861,597 528,421 528,421 2,043,262 1,832,702 1,832,702

22 International Energy Ins. Plc 147,871 77,562 62,971 2,759,923 2,883,388 1,670,949

23 Investment & Allied Ins. Plc 40,945 40,945 40,945 169,499 169,499 169,499

24 KBL Insurance Ltd. 674,450 215,910 393,598 636,722 656,132 700,302

25 LASACO Assurance Plc 766,690 515,183 661,527 1,759,381 1,548,121 1,509,798

26 Law Union & Rock Ins. Plc 300,769 366,189 489,128 1,492,361 1,198,393 1,338,616

27 Leadway Assurance co. Ltd. 3,949,409 7,493,484 9,954,794 4,595,813 5,297,250 5,049,639

28 Linkage Assurance Plc 1,418,744 1,011,788 1,011,788 855,682 1,005,490 1,005,490

29 Mutual Benefits Assurance Plc 1,858,003 931,857 729,417 2,432,720 2,656,433 2,690,917

30 Mutual Benefits Life Ass. Co. Ltd 501,025 412,752 234,633 1,245,285 2,010,775 2,114,172

31 NEM Insurance Plc 786,124 560,374 676,398 1,526,006 1,586,748 2,139,140

32 NICON Insurance Plc _ 276,884 276,884 1,053,640 1,325,993 1,325,993

33 Niger insurance Plc 1,250,276 563,451 606,951 4,595,588 3,231,573 3,082,518

34 Nigerian Agricultural Ins. Corporation 402,174 472,477 394,889 189,743 74,432 1,104,912

35 NSIA Insurance Company Limited 952,409 1,023,994 955,081 1,092,752 1,326,634 1,422,111

36 Old Mutual Insurance Co. Ltd. 749,884 719,554 354,376 875,198 961,000 1,292,341

37 Old Mutual Life Assurance Co. Ltd. 1,129,725 319,561 392,644 531,217 1,875,270 1,610,814

38 Prestige Assurance Plc 396,524 358,346 532,637 450,036 496,196 417,995

39 Regency Alliance Insurance Plc 131,381 117,143 191,826 688,639 770,733 821,864

40 Royal Exchange Gen. Ins. Co. Ltd. 1,645,606 330,165 313,784 1,699,270 1,570,669 1,626,810

41 Royal Exchange Prudential Life Plc 479,770 246,896 124,146 590,373 921,898 1,052,572

42 Sovereign Trust Insurance Plc 315,417 112,132 258,866 1,597,294 1,490,060 1,425,791

43 SpringLife AssurancePlc. 33,618 33,618 33,618 105,282 105,282 105,282

44 STACO Insurance Plc 695,333 159,852 293,970 2,059,433 2,311,809 2,021,335

45 Standard Alliance Insurance Plc 335,212 239,631 197,132 1,497,228 1,795,804 1,405,420

46 Standard Alliance Life Ass. Co. Ltd. 558,391 81,977 87,712 98,555 113,895 75,694

47 Sterling Assurance Nigeria Ltd. 318,871 100,231 118,717 897,427 910,149 935,406

48 UBA Metropolitan Life Ins. Ltd. 685,744 697,096 765,267 145,753 138,006 152,406

49 UNIC Insurance Plc 437,574 437,574 437,574 742,813 742,813 742,813

50 Unitrust Insurance Co. Ltd. 1,243,967 904,274 907,596 754,108 854,916 593,211

51 UnityKapital Assurance Plc 565,954 478,847 497,674 2,143,459 1,707,482 1,060,031

52 Universal Insurance Plc 237,692 532,487 166,866 420,551 549,047 579,242

53 Wapic Insurance Plc 1,766,104 955,784 746,137 1,925,890 2,092,250 2,454,948

54 Wapic Life Ass. Ltd. 382,710 324,256 432,915 600,844 375,861 641,263

55 Zenith General Insurance Co.Ltd. 1,355,248 2,112,114 3,701,210 1,235,375 1,193,762 1,360,308

56 Zenith Life Insurance Company Ltd. 697,123 714,241 890,406 196,234 231,354 273,190

TOTAL 42,158,922 38,561,213 44,417,461 66,770,590 75,721,647 76,913,244

REINSURANCE COMPANY

57 Continental Reinsurance Plc 920,411 838,546 902,941 340,521 1,938,393 2,177,238

58 Nigeria Reinsurance Corporation 1,410,275 240,686 291,180 313,296 399,426 409,142

TOTAL 2,330,686 1,079,232 1,194,121 653,817 2,337,819 2,586,380

74

INVESTMENT INCOME AND MANAGEMENT EXPENSES OF MEMBER COMPANIES (2013-2015)


RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF NON LIFE MEMBER COMPANIES 2015

75

NAME OF COMPANY

GROSS PREMIUM

INCOME

GROSS CLAIMS

PAID RATIO

S/NO 000 000

1 AIICO General Insurance Co. Ltd. 8,199,952 3,664,743 0.45

2 Alliance & General Insurance Plc 2,368,997 136,784 0.06

3 Anchor Insurance Company Ltd. 2,342,038 488,019 0.21

4 AXA Mansard Insurance Plc 11,370,756 4,504,536 0.40

5 Consolidated Hallmark Insurance Plc 6,039,452 1,260,880 0.21

6 Cornerstone Insurance Plc 4,785,770 1,496,342 0.31

7 Custodian & Allied insurance Plc 14,356,339 3,592,969 0.25

8 Ensure Insurance Plc 1,513,635 922,850 0.61

9 Equity Assurance Plc 2,476,047 989,977 0.40

10 FBN General Insurance Limited 1,811,112 398,230 0.22

11 Fin Insurance Company Ltd. 757,594 298,775 0.39

12 Goldlink Insurance Plc 2,370,765 777,149 0.33

13 Great Nigeria Insurance Plc 1,411,645 387,315 0.27

14 Guinea Insurance Plc 870,287 214,736 0.25

15 Industrial & General Insurance Plc 3,925,743 601,670 0.15

16 International Energy ins. Plc 3,847,583 1,528,285 0.40

17 Investment & Allied Ins. Plc 4,399 1,419 0.32

18 KBL Insurance Ltd. 1,801,328 669,008 0.37

19 LASACO Assurance Plc 2,938,266 475,664 0.16

20 Law Union & Rock Ins. Plc 3,858,097 1,184,304 0.31

21 Leadway Assurance co. Ltd. 15,434,045 5,637,924 0.37

22 Linkage Assurance Plc 3,054,743 1,093,393 0.36

23 Mutual Benefits Assurance Plc 10,541,503 1,467,272 0.14

24 NEM Insurance Plc 10,346,291 4,475,556 0.43

25 NICON Insurance Plc 947,255 102,820 0.11

26 Niger insurance Plc 2,604,752 599,939 0.23

27 Nigerian Agricultural Ins. Corporation 1,037,268 206,270 0.20

28 NSIA Insurance Company Limited 4,198,985 1,245,013 0.30

29 Old Mutual Insurance Co. Ltd. 3,104,096 515,085 0.1730 Prestige Assurance Plc 2,430,533 3,447,163 1.42

31 Regency Alliance Insurance Plc 3,329,094 594,063 0.18

32 Royal Exchange Gen. Ins. Co. Ltd. 6,888,637 2,101,914 0.31

33 Sovereign Trust Insurance Plc 7,132,224 1,736,410 0.24

34 STACO Insurance Plc 5,730,161 2,110,799 0.37

35 Standard Alliance Insurance Plc 2,956,271 886,558 0.30

36 Sterling Assurance Nigeria Ltd. 2,480,611 774,124 0.31

37 Unitrust Insurance Co. Ltd. 2,456,292 784,408 0.32

38 UnityKapital Assurance Plc 2,651,719 589,405 0.22

39 Universal Insurance Plc 728,685 164,917 0.23

40 Wapic Insurance Plc 5,212,598 787,480 0.15

41 Zenith General Insurance Co.Ltd. 8,171,513 1,735,160 0.21

TOTAL 178,487,081 54,649,328 0.31

REINSURANCE COMPANY

42 Continental Reinsurance Plc 12,700,035 5,656,836 0.45

43 Nigeria Reinsurance Corporation 625,869 319,948 0.51

TOTAL 13,325,904 5,976,784 0.45


RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF LIFE MEMBER COMPANIES 2015

76


GROSS PREMIUM

INCOME

GROSS CLAIMS

PAIDRATIO

1 African Alliance Insurance Plc 10,131,775 2,625,631 0.26

2 AIICO Insurance Co. Ltd. 24,249,325 9,379,289 0.39

3 Alliance & General Life Assurance Plc 1,362,639 218,718 0.27

4 Arm Life Plc 3,337,916 713,345 0.21


6 Capital Express Assurance Ltd. 4,931,955 1,851,162 0.38


8 Custodian Life Insurance Ltd. 7,846,174 2,280,822 0.29


10 FBN Life Assurance Limited 10,307,383 3,249,976 0.32

11 Goldlink Life Assurance Ltd. 757,216 588,033 0.78

12 Great Nigeria Life Ass. Ltd. 1,342,164 551,060 0.41


14 LASACO Life Assurance Co. Ltd. 2,163,831 913,909 0.42

15 Leadway Assurance Co. Ltd 31,214,873 9,058,254 0.29

16 Mutual Benefits Life Ass. Co. Ltd 3,337,711 1,371,166 0.41


18 Niger Insurance Plc 7,892,026 3,921,978 0.50

19 NSIA Insurance Company Limited 1,418,241 719,966 0.51

20 Old Mutual Life Assurance Co. Ltd. 1,741,115 1,189,916 0.68

21 Royal Exchange Prudential Life Plc 3,570,916 1,706,448 0.48

22 SpringLife AssurancePlc. 32,000 50,976 1.59

23 Standard Alliance Life ass. Co.Ltd. 2,279,300 1,252,958 0.55

24 UBA Metropolitan Life Ins. Ltd. 2,289,935 1,397,358 0.61

25 UNIC Insurance Plc 259,313 380,937 1.47

26 Wapic Life Ass. Ltd. 1,221,346 547,888 0.4527 Zenith Life Insurance Company Ltd. 3,363,440 2,144,204 0.64

TOTAL 134,067,982 50,567,904 0.38

REINSURANCE COMPANY

28 Continental Reinsurance Plc 2,666,078 1,413,135 0.5329 Nigeria Reinsurance Corporation 74,832 4,744 0.06

TOTAL 2,740,910 1,417,879 0.52

`000 `000


RATIO OF NET CLAIMS PAID TO NET PREMIUM INCOME OF

NON LIFE MEMBER COMPANIES 2015

77

NAME OF COMPANY

NET PREMIUM

INCOME

NET CLAIMS

PAID RATIO

S/NO 000 000





5 Consolidated Hallmark Insurance Plc 3,381,960 958,014 0.28














19 LASACO Assurance Plc 2,938,266 -36,950 -0.01



22 Linkage Assurance Plc 1,876,534 552,964 0.29

23 Mutual Benefits Assurance Plc 4,581,656 1,087,324 0.24




27 Nigerian Agricultural Ins. Corporation 864,783 3,495 0.00


29 Old Mutual Insurance Co. Ltd. 1,245,958 123,331 0.10

30 Prestige Assurance Plc 924,893 1,024,552 1.11











41 Zenith General Insurance Co.Ltd. 4,821,182 830,306 0.17

TOTAL 105,550,118 38,342,127 0.36

REINSURANCE COMPANY



TOTAL 11,867,828 5,918,469 0.50


78

RATIO OF NET CLAIMS PAID TO NET PREMIUM INCOME OF LIFE MEMBER COMPANIES 2015


NET PREMIUM INCOME

NET CLAIMS PAID

RATIO




4 Arm Life Plc 3,180,364 321,557 0.10


6 Capital Express Assurance Ltd. 3,412,559 1,870,964 0.55

7 Cornerstone Insurance Plc 1,999,091 906,130 0.45

8 Custodian Life Insurance Ltd. 7,563,570 2,366,306 0.31












20 Old Mutual Life Assurance Co. Ltd. 956,252 655,208 0.69



23 Standard Alliance Life ass. Co.Ltd. 1,542,579 940,756 0.61

24 UBA Metropolitan Life Ins. Ltd. 2,022,538 1,220,209 0.60


26 Wapic Life Ass. Ltd. 1,057,160 518,963 0.49

27 Zenith Life Insurance Company Ltd. 2,710,288 1,316,675 0.49

TOTAL 125,391,489 47,196,904 0.38

REINSURANCE COMPANY



TOTAL 2,368,703 1,417,879 0.60

`000 `000


RATIO OF MANAGEMENT EXPENSES TO GROSS PREMIUM INCOME OF NON LIFE MEMBER COMPANIES 2015

79


GROSS PREMIUM

INCOME

MANAGEMENT

EXPENSESRATIO





5 Consolidated Hallmark Insurance Plc 6,039,452 1,126,381 0.19


7 Custodian & Allied Insurance Plc 14,356,339 1,999,057 0.14

8 Ensure Insurance Plc 1,513,635 1,360,281 0.90

9 Equity Assurance Plc 2,476,047 1,832,542 0.74



12 Goldlink Insurance Plc 2,370,765 1,256,925 0.53



15 Industrial & General Insurance Plc 3,925,743 1,110,750 0.28




19 LASACO Assurance Plc 2,938,266 1,258,002 0.43




23 Mutual Benefits Assurance Ltd 10,541,503 2,690,917 0.26



26 Niger Insurance Plc 2,604,752 999,408 0.38

27 Nigerian Agricultural ins. Corporation 1,037,268 1,104,912 1.07

28 NSIA Insurance Company Limited 4,198,985 1,284,487 0.31

29 Old Mutual Insurance Co. Ltd. 3,104,096 1,292,341 0.42

30 Prestige Assurance Plc 2,430,533 417,995 0.17





35 Standard Alliance Insurance Plc 2,956,271 1,405,420 0.48



38 UnityKapital Assurance Plc 2,651,719 1,060,031 0.40


40 Wapic Insurance Plc 5,212,598 2,454,948 0.47


TOTAL 178,487,081 53,830,445 0.30

REINSURANCE COMPANY



TOTAL 13,325,904 2,119,856 0.16

`000 `000


RATIO OF MANAGEMENT EXPENSES TO GROSS PREMIUM INCOME OF LIFE MEMBER COMPANIES 2015

80


GROSS PREMIUM

INCOME

MANAGEMENT

EXPENSES RATIO




4 Arm Life Plc 3,337,916 1,142,920 0.34

5 AXA Mansard Insurance Plc 3,638,568 534,497 0.15

6 Capital Express Assurance Ltd. 4,931,955 957,989 0.19


8 Custodian Life Insurance Ltd. 7,846,174 856,472 0.11












20 Old Mutual Life Assurance Co. Ltd. 1,741,115 1,610,814 0.93



23 Standard Alliance Life Insurance Plc 2,279,300 75,694 0.03

24 UBA Metropolitan Life Ins. Ltd. 2,289,935 152,406 0.07


26 Wapic Life Ass. Ltd. 1,221,346 641,263 0.5327 Zenith Life Insurance Company Ltd. 3,363,440 273,190 0.08

TOTAL 23,082,801 0.17

REINSURANCE COMPANY

28 Continental Reinsurance Plc 2,666,078 423,468 0.1629 Nigeria Reinsurance Corporation 74,832 43,056 0.58

TOTAL 2,740,910 466,524 0.17

134,067,982


RATIO OF COMMISSION TO GROSS PREMIUM INCOME OF

NON LIFE MEMBER COMPANIES 2015

81


GROSS PREMIUM

INCOME

COMMISSION

PAIDRATIO


2 Alliance & General Insurance Plc 2,368,997 _ _














16 International Energy ins. Plc 3,847,583 622,196 0.16




20 Law Union & Rock Ins. Plc 3,858,097 507,029 0.13


22 Linkage Assurance Plc 3,054,743 495,597 0.16

23 Mutual Benefits Assurance Ltd 10,541,503 508,190 0.05



26 Niger insurance Plc 2,604,752 18,033 0.0127 Nigerian Agricultural ins. Corporation 1,037,268 86,203 0.08



30 Prestige Assurance Plc 2,430,533 340,536 0.1431 Regency Alliance Insurance Plc 3,329,094 424,169 0.13

32 Royal Exchange Gen. Ins. Co. Ltd. 6,888,637 768,631 0.11

33 Sovereign Trust Insurance Plc 7,132,224 922,384 0.13

34 STACO Insurance Plc 5,730,161 855,233 0.15






40 Wapic Insurance Plc 5,212,598 914,306 0.1841 Zenith General Insurance Co.Ltd. 8,171,513 1,058,984 0.13

TOTAL 178,487,081 22,265,272 0.12

REINSURANCE COMPANY


TOTAL 13,325,904 3,414,415 0.26

`000 `000


RATIO OF COMMISSION TO GROSS PREMIUM INCOME LIFE MEMBER COMPANIES 2015

82


GROSS PREMIUM INCOME

COMMISSION PAID

RATIO

1 African Alliance Insurance Plc 10,131,775 249,671 0.02


3 Alliance & General Life Assurance Plc 1,362,639 _ _

4 Arm Life Plc 3,337,916 150,081 0.04











15 Leadway Assurance co. Ltd. 31,214,873 644,217 0.02

16 Mutual Benefit Life Ass. Co. Ltd 3,337,711 245,232 0.07




20 Old Mutual Life Assurance Co. Ltd. 1,741,115 241,980 0.14

21 Royal Exchange Prudential Life Plc 3,570,916 241,688 0.07


23 Standard Alliance Life Insurance Plc 2,279,300 461,695 0.21



26 Wapic Life Ass. Ltd. 1,221,346 131,934 0.1127 Zenith Life Insurance Company Ltd. 3,363,440 514,455 0.15

TOTAL 9,285,616 0.07

REINSURANCE COMPANY

28 Continental Reinsurance Plc 2,666,078 726,282 0.2729 Nigeria Reinsurance Corporation 74,832 19,054 0.25

TOTAL 2,740,910 745,336 0.27

134,067,982

`000 `000


RATIO OF INVESTMENT INCOME TO TOTAL INVESTMENT OF NON- LIFE MEMBER COMPANIES 2015

83


TOTAL INVESTMENT

INVESTMENT INCOME

RATIO

1 AIICO General Insurance Co. Ltd. 8,578,587 707,863 0.08










11 Fin Insurance Company Ltd. 4,308,072 622,192 0.14

12 Goldlink Insurance Plc 89,957 23,320 0.26


14 Guinea Insurance Plc 2,450,932 200,721 0.08


16 International Energy ins. Plc 4,308,828 62,971 0.01







23 Mutual Benefits Assurance Plc 7,021,543 729,417 0.10

24 NEM Insurance Plc 7,333,463 676,398 0.09

25 NICON Insurance Plc 3,285,851 57,186 0.02


27 Nigerian Agricultural ins. Corporation 7,422,334 394,889 0.05



30 Prestige Assurance Plc 5,860,243 532,637 0.09









39 Universal Insurance Plc 5,841,193 166,866 0.03



TOTAL 296,109,872 21,306,733 0.07

REINSURANCE COMPANY42 Continental Reinsurance Plc 14,473,568 902,941 0.06

43 Nigeria Reinsurance Corporation 14,561,209 228,358 0.02

TOTAL 29,034,777 1,131,299 0.04

`000 `000


84

RATIO OF INVESTMENT INCOME TO TOTAL INVESTMENT

OF LIFE MEMBER COMPANIES 2015


TOTAL INVESTMENT

INVESTMENT INCOME

RATIO

1 African Alliance Insurance Plc 21,617,720 493,261 0.02



4 Arm Life Plc 9,380,318 294,616 0.03












16 Mutual Benefits Life Ass. Co. Ltd 30,626,422 234,633 0.01

17 NICON Insurance Plc 10,518,830 219,698 0.02



20 Old Mutual Life Assurance Co. Ltd. 5,811,404 392,644 0.07

21 Royal Exchange Prudential Life Plc 4,418,834 124,146 0.03


23 Standard Alliance Life Ass. Co. Ltd. 2,827,269 87,712 0.03


25 UNIC Insurance Plc 4,456,909 437,574 0.10

26 Wapic Life Ass. Ltd. 4,389,347 432,915 0.10

27 Zenith Life Insurance Company Ltd. 7,398,696 890,406 0.12

TOTAL 355,520,462 23,109,913 0.07

REINSURANCE COMPANY

28 Continental Reinsurance Plc _ _ _

29 Nigeria Reinsurance Corporation 3,816,092 62,822 0.02

TOTAL 3,816,092 62,822 0.02

`000`000


RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF MOTOR BUSINESS 2015

85

NAME OF COMPANY

GROSS PREMIUM

INCOME

GROSS CLAIMS

PAID RATIO

S/NO 000 000


2 Alliance & General Insurance Co. Ltd 366,673 19,997 0.05

3 Anchor Insurance Company Ltd. 831,839 140,148 0.17





8 Ensure Insurance Plc 344,144 208,680 0.61

9 Equity Assurance Plc 621,015 301,438 0.49

10 FBN General Insurance Limited 443,707 166,134 0.37



13 Great Nigeria Insurance Plc 380,325 114,275 0.30


15 Industrial & General Insurance Plc 511,195 109,140 0.21

16 International Energy Ins. Plc 1,142,784 481,084 0.42

17 Investment & Allied Ins. Plc 2,401 210 0.09

18 KBL Insurance Ltd. 741,182 259,999 0.35

19 LASACO Assurance Plc 324,048 79,022 0.24


21 Leadway Assurance Co. Ltd. 2,962,502 1,833,013 0.62

22 Linkage Assurance Plc 689,132 219,099 0.32




26 Niger Insurance Plc 493,268 61,097 0.12


28 NSIA Insurance Company Limited 849,397 430,834 0.51

29 Old Mutual Insurance Co. Ltd. 392,450 153,420 0.39

30 Prestige Assurance Plc 248,645 136,258 0.55

31 Regency Alliance Insurance Plc 410,937 122,452 0.30




35 Standard Alliance Insurance Plc 559,968 176,485 0.32

36 Sterling Assurance Nigeria Ltd. 595,728 213,284 0.36

37 Unitrust Insurance Co. Ltd. 735,208 244,611 0.33

38 UnityKapital Assurance Plc 426,309 157,982 0.37


40 Wapic Insurance Plc 768,842 323,829 0.42

41 Zenith Insurance Company Ltd. 1,368,235 710,304 0.52

TOTAL 39,840,893 16,248,051 0.41

REINSURANCE COMPANY



TOTAL 54,110 40,447 0.75


RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF FIRE BUSINESS 2015

86

NAME OF COMPANY

GROSS PREMIUM

INCOME

GROSS CLAIMS

PAID RATIO

S/NO 000 000


2 Alliance & General Insurance Co. Ltd 184,638 -19,468 -0.11



5 Consolidated Hallmark Insurance Plc 678,233 254,448 0.38

6 Cornerstone Insurance Plc 777,012 394,396 0.51










16 International Energy Ins. Plc 375,472 439,505 1.17

17 Investment & Allied Ins. Plc 10 _ 0.00



20 Law Union & Rock Ins. Plc 701,117 132,994 0.19

21 Leadway Assurance Co. Ltd. 2,211,192 1,344,955 0.61


23 Mutual Benefits Assurance Plc 520,135 38,984 0.07







30 Prestige Assurance Plc 1,132,036 1,632,933 1.44



33 Sovereign Trust Insurance Plc 967,334 454,844 0.47







40 Wapic Insurance Plc 334,834 33,318 0.1041 Zenith Insurance Company Ltd. 1,605,556 361,701 0.23

TOTAL 27,359,389 13,246,931 0.48

REINSURANCE COMPANY


TOTAL 6,995,829 2,802,115 0.40


RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF GENERAL ACCIDENT BUSINESS 2015

87

NAME OF COMPANY

GROSS PREMIUM

INCOME

GROSS CLAIMS

PAID RATIO

S/NO 000 000


2 Alliance & General Insurance Co. Ltd 1,060,321 -36,990 -0.03





7 Custodian & Allied Insurance Plc 1,691,128 436,777 0.26










17 Investment & Allied Ins. Plc 1,988 249 0.13




21 Leadway Assurance Co. Ltd. 1,137,379 397,390 0.35





26 Niger Insurance Plc 1,750,667 278,773 0.16






32 Royal Exchange Gen. Ins. Co. Ltd. 723,883 143,913 0.20


34 STACO Insurance Plc 735,074 296,110 0.40








TOTAL 30,571,785 9,797,955 0.32

REINSURANCE COMPANY

42 Continental Reinsurance Plc 1,484,189 523,680 0.35


TOTAL 1,577,024 552,560 0.35


RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF MARINE AND AVIATION BUSINESS 2015

88

NAME OF COMPANY

GROSS PREMIUM

INCOME

GROSS CLAIMS

PAID

RATIOS/NO 000 000


2 Alliance & General Insurance Co. Ltd 552,112 210,077 0.38





7 Custodian & Allied Insurance Plc 1,058,229 507,690 0.48










17 Investment & Allied Ins. Plc _ 960 _













30 Prestige Assurance Plc 412,766 1,391,765 3.37












TOTAL 19,527,646 7,255,627 0.37

REINSURANCE COMPANY



TOTAL 1,571,054 1,416,759 0.90


RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF OIL AND GAS BUSINESS 2015

89

NAME OF COMPANY

GROSS PREMIUM

INCOME

GROSS CLAIMS

PAIDRATIOS/NO 000 000







7 Custodian & Allied Insurance Plc 6,149,174 -56,450 -0.01








15 International Energy Ins. Plc 1,449,232 159,539 0.11








23 NICON Insurance Plc 110,477 _ 0.00






29 Royal Exchange Gen. Ins. Co. Ltd. 1,931,881 -164,782 -0.09









TOTAL 51,120,210 4,224,306 0.08

REINSURANCE COMPANY

38 Continental Reinsurance Plc 2,199,322 379,733 0.17


TOTAL 2,244,727 404,350 0.18

NAME OF COMPANY

GROSS PREMIUM

INCOME

GROSS CLAIMS

PAIDRATIOS/NO 000 000


2 Anchor Insurance Company Ltd. 56,305 378 0.01

3 AXA Mansard Insurance Plc 769,014 217,853 0.28


5 Custodian & Allied Insurance Plc 580,317 331,659 0.57











16 Leadway Assurance Co. Ltd. 759,775 335,471 0.44








24 STACO Insurance Plc 209,850 _ 0.00






30 Zenith Insurance Company Ltd. 299,959 86,189 0.29

TOTAL 6,666,029 2,104,297 0.32

REINSURANCE COMPANY


32 Nigeria Reinsurance Corporation _ _ _

TOTAL _ _ _

RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF ENGINEERING BUSINESS 2015


90


RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF MISCELLANEOUS BUSINESS 2015

91



3 AXA Mansard Insurance Plc 5,549 _ _


5 Custodian & Allied Insurance Plc 3,050 -21,230 -6.96

6 Ensure Insurance Plc _ 8,190 _

7 Equity Assurance Plc 106,224 _ _

8 FBN General Insurance Limited 6,862 _ _




12 LASACO Assurance Plc 63,684 _ _


14 Leadway Assurance Co. Ltd. 717,068 277,029 0.39




18 NSIA Insurance Company Limited 30,147 -6,900 -0.23

19 Old Mutual Insurance Co. Ltd. 72,896 _ _


21 Regency Alliance Insurance Plc 91,834 796 0.01



24 Standard Alliance Insurance Plc 63,923 303 0.00



27 UnityKapital Assurance Plc 4,484 _ _

28 Zenith Insurance Company Ltd. 490,982 35,375 0.07

TOTAL 3,195,688 1,596,269 0.50

REINSURANCE COMPANY

29 Continental Reinsurance Plc 818,883 731,200 0.89


TOTAL 883,158 760,553 0.86

NAME OF COMPANY

GROSS PREMIUM

INCOME

GROSS CLAIMS

PAID

RATIOS/NO 000 000


RATIO OF GROSS CLAIMS PAID TO GROSS PREMIUM INCOME OF WORKMEN COMPENSATION 2015

92

NAME OF COMPANY

GROSS PREMIUM

INCOME

GROSS CLAIMS

PAID RATIO

S/NO 000 000

1 AIICO General Insurance Co. Ltd. 143,118 121,720 0.85

2 Ensure Insurance Plc 18,336 _ _


3 KBL Insurance Ltd. 327 290 0.89

4 NICON Insurance Plc 5,440 _ _

5 Prestige Assurance Plc 26,332 47,512 1.806 Regency Alliance Insurance Plc 3,256 815 0.25

TOTAL 205,441 175,891 0.86


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INSURANCE CLAIMS OF 3.5 MILLION

AND ABOVEPAID IN 2015

94

S/N COMPANY NAME OF INSURED NATURE OF LOSS AMOUNT PAID DATE PAID

1 Anchor Ins. Company Ltd MINISTRY OF LG & CHIEFTAINCY AFFAIRS THEFT OF TOYOTA HILUX 4,333,725.00 13-01-15

2 Anchor Ins.Company Ltd R.J STONES LIMITED/FIDELITY BANK PLC. ACCIDENT INV. FOTON TRUCK 6,480,000.00 07-07-15

3 Axa Mansard Ins. Plc OLUWANDE MUTIU BABATUNDE Fire 3,655,000.00 09-04-15

4 Axa Mansard Ins. Plc OLUYOLE OLUFEMI ROTIMI Fire 6,700,000.00 24-08-15

5 Axa Mansard Ins. Plc AYO ABISOYE FRANCIS Collision 3,519,750.00 05-02-15

6 Axa Mansard Ins. Plc OSHE OLUPONLE Collision 3,748,191.67

24-06-15

7 Axa Mansard Ins. Plc OMOTOYE DEDOTUN Fire 7,020,000.00

15-09-15

8 Axa Mansard Ins. Plc FRONTLINE TRUST LTD Collision 5,085,112.50

12-10-15

9 Axa Mansard Ins. Plc CHIKE DAVID NWAGU Collision 4,631,250.00

08-10-15

10 Axa Mansard Ins. Plc NIGERIAN NAVY Others 3,882,403.30

29-09-15

11 Axa Mansard Ins. Plc ONOJA BLESSING EJURA Collision 8,000,000.00

10-12-15

12 Axa Mansard Ins. Plc REV. FR. E.M. PETER EDEH Hit a pavement 5,913,000.00

17-11-15

13 Axa Mansard Ins. Plc LEONARD UGOCHUKWU NWANNENAH Collision 4,506,250.00

27-10-15

14 Axa Mansard Ins. Plc NIGERIAN NAVY Fire 4,421,142.00

17-12-15

15 Axa Mansard Ins. Plc CHIEF DELE JEJE Collision 3,510,000.00

07-12-15

16 Axa Mansard Ins. Plc TOBI ELIZABETH Collision 7,085,812.50

02-03-15

17 Axa Mansard Ins. Plc BASHIR MOHAMMED SALEH Hit a pavement 5,390,000.00

26-03-15

18 Axa Mansard Ins. Plc FATUAGUN OLABISI ELIZABETH Collision 4,631,250.00

14-05-15

19 Axa Mansard Ins. Plc SOLOMON BABA Collision 5,572,700.00

06-05-15

20 Axa Mansard Ins. Plc AGBONBHASE GREGORY IRABOR Collision 5,557,500.00

09-06-15

21 Axa Mansard Ins. Plc EMMANUEL ENUKORA Others 4,000,000.00

29-01-15

22 Axa Mansard Ins. Plc OKLOBIA KENNETH N. Others 3,645,000.00

09-06-15

23 Axa Mansard Ins. Plc DGIA GRAND OPTIONS LTD Collision 5,557,500.00

15-04-15

24 Axa Mansard Ins. Plc OKUNOLA OLUBODE Collision 3,757,725.00

17-11-15

25 Axa Mansard Ins. Plc AFOLAYAN JOEL TOBI Collision 4,631,250.00

27-10-15

26 Axa Mansard Ins. Plc MATRIX ENERGY LTD Collision 5,001,750.00

12-11-15

27 Axa Mansard Ins. Plc FCMB/ CLASSIC MARINE SERVICES LTD Fire 6,437,907.00

24-11-15

28 Axa Mansard Ins. Plc FCMB/ CLASSIC MARINE SERVICES LTD Fire 5,484,143.00

24-11-15

29 Axa Mansard Ins. Plc KAIYEWU DAVID OLADIPUPO Collision 3,591,000.00

27-11-15

30 Axa Mansard Ins. Plc NIGERIAN NAVY Collision 6,250,000.00

16-02-15

31 Axa Mansard Ins. Plc ODULATE GANIYU OLAWALE Fire 3,645,000.00

16-03-15

32 Axa Mansard Ins. Plc UKANA MICHAEL OMOWANDE Collision 3,833,000.00

18-08-15

33 Axa Mansard Ins. Plc M. OLA OLUWA NIG LTD Fire 4,212,000.00

04-02-15

34 Axa Mansard Ins. Plc EGBOSIMBA ECHEZONA CHUKWUDI Collision 3,591,000.00

23-04-15

35 Axa Mansard Ins. Plc BENGAS VENTURES Collision 7,190,000.00

18-05-15

36 Axa Mansard Ins. Plc GRAND MANUFACTURERS NIG. LTD Collision 3,652,250.00

22-04-15

37 Axa Mansard Ins. Plc GRAND MANUFACTURERS NIG. LTD Collision 3,619,500.00

22-04-15

38 Axa Mansard Ins. Plc FCMB PLC/ SAGAMITE MOTORS NIG. LTD Collision 4,661,937.32

24-04-15

39 Axa Mansard Ins. Plc BUILDWELL PLANTS & EQUIP. IND. LTD Collision 5,022,555.57

01-06-15

40 Axa Mansard Ins. Plc NAGODE INDUSTRIES LTD Collision 10,918,350.00

21-07-15

41 Axa Mansard Ins. Plc JOSEPH RACHAEL NIGERIA LIMITED Collision 9,882,000.00

12-05-15

42 Axa Mansard Ins. Plc AIRTIGHT OIL AND GAS NIG LTD Collision 5,131,800.00

22-05-15

43 Axa Mansard Ins. Plc EJIMADU EMMANUEL E Fire 4,050,000.00

17-02-15

44 Axa Mansard Ins. Plc FCMB PLC/ SAGAMITE MOTORS NIG. LTD Collision 14,078,571.43

04-03-15

45 Axa Mansard Ins. Plc N-GENE LOGISTICS SERVICES Fire 6,156,000.00

19-06-15

46 Axa Mansard Ins. Plc FCMB PLC/ SAGAMITE MOTORS NIG. LTD Collision 10,327,500.00 04-03-15

47 Axa Mansard Ins. Plc DEBYEM STANDARD COMPANY LTD Fire 4,631,500.00 16-07-15

48 Axa Mansard Ins. Plc FCMB/NUSTANZA NIG LTD Collision 9,405,000.00 28-01-15

49 Axa Mansard Ins. Plc NEWPRIDE INTERNATIONAL LTD Collision 4,123,170.00 17-09-15

50 Axa Mansard Ins. Plc GLASSAL NIGERIA LTD Theft 3,670,087.50 11-12-15


MOTOR CLAIMS

95


MOTOR CLAIMS

51 Axa Mansard Ins. Plc EZEH TOCHUKWU CHRISTIAN Collision 6,400,000.00 12-10-15

52 Axa Mansard Ins. Plc ENTABILL NIG LTD/GT BANK PLC Collision 10,977,120.00 18-09-15

53 Axa Mansard Ins. Plc DARABELL HAULAGE & LOGISTICS Collision 6,300,000.00

10-02-15

54 Axa Mansard Ins. Plc GEAR RAIL AFRICA Collision 4,924,420.00

16-09-15

55 Axa Mansard Ins. Plc JULIUS BERGER NIGERIA PLC Collision 14,000,000.00

08-05-15

56 Axa Mansard Ins. Plc DANGOTE GROUP Collision 6,000,000.00

13-02-15

57 Axa Mansard Ins. Plc TIGER BRANDS NIG. AND/OR SUBSIDIARIES Collision 4,745,250.00

05-11-15


26-05-15


11-12-15


29-12-15


23-10-15

62 Axa Mansard Ins. Plc TIGER BRANDS NIG. AND/OR SUBSIDIARIES Collision 3,645,000.00

11-08-15


09-02-15


15-09-15

65 Axa Mansard Ins. Plc OLUWAGBOYEGA JIDE Theft 4,680,000.00

09-01-15

66 Axa Mansard Ins. Plc OLD MUTUAL NIGERIA SERVICES CO. LTD Collision 4,086,045.00

16-04-15

67 Axa Mansard Ins. Plc OLD MUTUAL NIGERIA SERVICES CO. LTD Collision 5,386,500.00

11-06-15

68 Axa Mansard Ins. Plc OLASHILE AFEEZ IBRAHIM Collision 4,387,500.00

18-03-15


13-10-15

70 Axa Mansard Ins. Plc

AGBAJE ABIDEMI MARGARET/ YF CONST DEV. &

REAL ESTATE LTD Collision3,847,500.00

09-07-15

71 Axa Mansard Ins. Plc OLADIPO ADISA MOHAMMMED Hit a pavement 5,001,750.00

18-08-15

72 Axa Mansard Ins. Plc BAJOMO OLUROTIMI Collision 4,275,000.00 21-08-15

73 Axa Mansard Ins. Plc ALLEY OLUMIDE OBALOKUN Collision 4,303,615.00 09-03-15

74 Axa Mansard Ins. Plc OGUNSEYE OLUTOYIN YETUNDE Collision 3,592,338.75 12-02-15

75 Axa Mansard Ins. Plc BLUEPRINT BUSINESS TECH. LTD Collision 5,548,800.00 14-09-15

76 Custodian and Allied Ins. Ltd SAHARA GROUP LIMITED ACCIDENT 4,230,000.00 09-01-15

77 Custodian and Allied Ins. Ltd R. T. BRISCOE NIGERIA PLC THEFT OF FORD ECOSPORT 4,085,000.00 19-01-15

78 Custodian and Allied Ins. Ltd R. T. BRISCOE NIGERIA PLC THEFT OF TOYOTA AVENSIS 4,680,000.00 29-01-15

79 Custodian and Allied Ins. Ltd MAERSK NIGERIA LIMITED

ACCIDENT INVOLVING T.4RUNNER

AND 3RD PARTY 4,165,000.00 29-01-15

80 Custodian and Allied Ins. Ltd M.A SULE ACCIDENT 4,019,433.62 19-02-15

81 Custodian and Allied Ins. Ltd MDS DIVISION OF UACN PLC ACCIDENT 3,956,824.08 20-02-15

82 Custodian and Allied Ins. Ltd FASHANU OLUWATOSIN THEFT 3,705,000.00 24-02-15

83 Custodian and Allied Ins. Ltd AYODELE OJOSIPE ACCIDENT 5,556,125.00 27-02-15

84 Custodian and Allied Ins. Ltd NIGERIAN AGIP OIL COMPANY ACCIDENT 3,652,893.34 30-04-15

85 Custodian and Allied Ins. Ltd VALLOUREC NIGERIA LTD ACC. DAMAGE 5,272,500.00 07-05-15

86 Custodian and Allied Ins. Ltd SAHARA GROUP LIMITED THEFT 3,600,000.00 22-05-15

87 Custodian and Allied Ins. Ltd CAPITAL HOTELS LIMITED ACCIDENT & THIRD PARTY 3,526,875.00 11-06-15

88 Custodian and Allied Ins. Ltd PRICEWATERHOUSECOOPERS ACCIDENT 7,107,187.50 11-06-15

89 Custodian and Allied Ins. Ltd PRICEWATERHOUSECOOPERS ACCIDENT 3,705,000.00 12-08-15

90 Custodian and Allied Ins. Ltd EMPLOYEES OF LAFARGE CEMENT WAPCO ACCIDENT 3,930,437.50 18-08-15

91 Custodian and Allied Ins. Ltd MARINA NEBYSHENKOVA FIRE DAMAGE 11,970,000.00 30-10-15

92 Custodian and Allied Ins. Ltd CADBURY NIGERIA PLC THEFT 3,514,691.25 06-11-15

93 Custodian and Allied Ins. Ltd OLUDAMOLA O. ATANDA THEFT 4,104,000.00 23-11-15

94 Custodian and Allied Ins. Ltd STERLING BANK PLC ACCIDENT & 3rd Party 5,764,500.00 27-11-15

95 Custodian and Allied Ins. Ltd WALTERSMITH PETROMAN OIL LTD ACCIDENT 4,950,000.00 12-02-15

96 Custodian and Allied Ins. Ltd AVIATION LOGISTICS AND MANAG. LTD ACCIDENT 6,300,000.00 11-03-15

97 Custodian and Allied Ins. Ltd STERLING BANK PLC FIRE ACCIDENT 4,500,000.00 23-04-15

98 Custodian and Allied Ins. Ltd HERITAGE HOUSE MONTESSORI SCHOOL ACCIDENT 15,353,164.13 28-04-15

99 Custodian and Allied Ins. Ltd UBA PLC/GREEN FUELS LIMITED DAMAGE TO TUBE SKOB TRUCK 4,613,112.00 12-05-15

100 Custodian and Allied Ins. Ltd TRANSNATIONAL HAULAGE LIMITED ACCIDENT & 2 3rd party 7,385,000.00 22-05-15


96


MOTOR CLAIMS

101 Custodian and Allied Ins. Ltd CRESEADA INTERNATIONAL LIMITED ACCIDENT 4,041,817.39 17-06-15

102 Custodian and Allied Ins. Ltd TRULUCK INTERNATIONAL NIG. LTD ACCIDENT 12,538,800.00 18-06-15

103 Custodian and Allied Ins. Ltd HI QUALITY BAKERY LIMITED ACCIDENT & 3rd party 4,131,000.00 22-06-15

104 Custodian and Allied Ins. Ltd WALTERSMITH PETROMAN OIL LTD ACCDT INVOLVING T/HILUX 5,220,000.00 25-06-15


106 Custodian and Allied Ins. Ltd EMTS LIMITED THEFT 10,083,150.00 03-07-15


108 Custodian and Allied Ins. Ltd MDS LOGISITICS PLC ACCIDENT 3,710,700.00 08-10-15



111 Custodian and Allied Ins. Ltd TRULUCK INTERNATIONAL NIG. LTD DAMAGE TO HOWO SINOTRUCK 4,539,870.00 25-11-15

112 Custodian and Allied Ins. Ltd TRULUCK INTERNATIONAL NIG. LTD ACCIDENT 3,790,800.00 02-12-15

113 Custodian and Allied Ins. Ltd CSIPRC/SEARCH FOR COMMON GROUND ACCIDENT & VARIOUS 3rd Parties 3,553,650.00 11-12-15

114 Custodian and Allied Ins. Ltd BNL ENGINEERING & CONSTRUCTION LTD ACCIDENT 6,167,340.00 18-12-15

115 Custodian and Allied Ins. Ltd BNL ENGINEERING & CONSTRUCTION LTD ACCIDENT 4,818,185.00 23-12-15

116 Custodian and Allied Ins. Ltd TUNTOB MOTORS NIG. LTD ACCIDENT 3,693,600.00 24-07-15

117 Custodian and Allied Ins. Ltd ARO YINUSA & CO. LTD ACCIDENT 6,975,000.00 22-12-15

118 Equity Assurance Ltd ORIZU MOTORS LTD. /DIAMOND BANK PLC OWN DAMAGE 5,737,500.00 12-03-15

119 Equity Assurance Ltd

FIDELITY BANK PLC/JOZA GLOBAL LOGISTICS

LTD OWN DAMAGE 3,532,950.00 07-04-15


JOZA GLOBAL LOGISTIC LTD/STANBIC IBTC

BANK PLC OWN DAMAGE 4,569,000.00 17-04-15



LIMITED OWN DAMAGE 4,421,940.00 20-01-15



LIMITED OWN DAMAGE 4,151,940.00 07-04-15

123 Equity Assurance Ltd AQUILA LEASING LIMITED / FIRST BANK PLC OWN DAMAGE 4,949,055.00 27-08-15

124 Equity Assurance Ltd JULIUS BERGER NIGERIA PLC THIRD PARTY DAMAGE 19,000,000.00 12-11-15


KINSSIMEE TRANSPORT SERVICES

LIMITED/STANBIC IBTC BANK PLC OWN DAMAGE 3,912,404.45 01-09-15







128 Equity Assurance Ltd AKANDE R. AFOLABI OWN DAMAGE 4,050,000.00 16-01-15

129 FBN Insurance Ltd Olayinka T. Alo THEFT 6,023,000.00

21-01-15

130 FBN Insurance Ltd FBN/Adedokun Intl School ACCIDENT 4,378,725.00

13-03-15

131 FBN Insurance Ltd FBN/Masterstroke Packages Limited ACCIDENT 5,301,000.00

23-04-15

132 FBN Insurance Ltd A.Y Husain/Fidelity Bank ACCIDENT 8,962,143.13

27-05-15

133 FBN Insurance Ltd Mr & Mrs Ayanwale .K. ACCIDENT 8,100,000.00

28-05-15

134 FBN Insurance Ltd Nnanedum Oil & Gs Ltd FIRE 4,550,600.00

16-07-15

135 FBN Insurance Ltd Fidelity Bank/Lorion Ventures ACCIDENT 4,580,750.00

31-07-15

136 FBN Insurance Ltd Darabell Haulage & Logisticsts ACCIDENT 4,779,937.50

06-10-15

137 FBN Insurance Ltd FCMB/Sagamite Motors ACCIDENT 3,575,778.36

07-10-15

138 FBN Insurance Ltd Lorion Ventures Ltd ACCIDENT 3,923,850.00

23-12-15

139 FBN Insurance Ltd ABC Transport/Fidelity Bank Plc ACCIDENT 5,248,234.45

29-12-15

140 GREAT NIGERIA INS. PLC GOD IS GOOD MOTORS LTD ACCIDENT 3,847,500.00

08-05-15

141 GREAT NIGERIA INS. PLC ROSABON FINANCIAL SERVICES THEFT 4,332,500.00 07-12-15

142 GREAT NIGERIA INS. PLC EKITI STATE LG STAFF LOANS BOARD THEFT 5,283,749.40

28-08-15

143 Goldlink Insurance Plc UNIVERSITY OF IBADAN THEFT 4,006,800.00

09-01-15

144 Goldlink Insurance Plc GUINNESS NIG PLC VARIOUS MOTOR ACCIDENT 7,500,000.00

27-04-15

145 Goldlink Insurance Plc GUINNESS NIG PLC VARIOUS MOTOR ACCIDENT 4,053,091.55

03-07-15

146 International Energy Ins. Plc PABOD BREWERIES LTD ACCIDENT & a 3rd party 6,781,500.00

21-01-15

147 International Energy Ins. Plc HALIMA LAWAL DAMAGED & 3rd party 4,050,000.00

27-01-15

148 International Energy Ins. Plc CHIEF SOLOMON DANJUMA FIRE DAMAGE 3,507,500.00 20-02-15

149 International Energy Ins. Plc GODSON SAMUELS ACCIDENT 4,411,462.56 27-02-15

150 International Energy Ins. Plc HERITAGE BANKING COMPANY LTD THEFT OF TOYOTA CAMRY 4,875,000.00 13-03-15


97


MOTOR CLAIMS

151 International Energy Ins. Plc INTAFACT BEVERAGES LIMITED ACCIDENTAL DAMAGE 6,170,000.00

26-03-15

152 International Energy Ins. Plc FIDELITY BANK PLC/PEETEE TRANS. LTD FATAL ACCIDENT 3,635,000.00 17-04-15

153 International Energy Ins. Plc ASSET MANAGEMENT CORP. OF NIG. ACCIDENT 9,712,500.04 23-04-15

154 International Energy Ins. Plc LANRE SHITTU MOTORS NIG. LTD ACCIDENT 4,293,000.00 30-04-15

155 International Energy Ins. Plc HERITAGE BANKING COMPANY LIMITED ACCIDENT 4,550,000.00 10-06-15

156 International Energy Ins. PlcFIDELITY BANK PLC/GPC ENERGY & LOGISTICS

LTDACCIDENT 15,127,967.56

14-07-15

157 International Energy Ins. Plc LANRE SHITTU MOTORS NIG. LTD ACCIDENT 17,694,500.00

08-07-15

158 International Energy Ins. Plc LANRE SHITTU MOTORS NIG. LTD ACCIDENT 6,760,679.43

09-07-15

159 International Energy Ins. Plc F. C. M. B/ O. J. TRANSPORT COMPANY LTD ACCIDENT 3,637,800.00

02-07-15

160 International Energy Ins. Plc MR BEATRICE BRIBENA ACCIDENTAL DAMAGE 3,534,359.24

14-07-15

161 International Energy Ins. Plc REMLORDS TOURS & CAR HIRE SERVICES ACCIDENTAL DAMAGE 4,590,000.00

08-07-15

162 International Energy Ins. Plc DENNIS BANIGO ACCIDENT 4,941,000.00 04-08-15

163 International Energy Ins. Plc RAINOIL LIMITED ACCIDENT 5,259,600.00 10-12-15

164 International Energy Ins. Plc JEMGLOBAL EXPRESS LIMITED ACCIDENT 5,005,050.00 09-12-15

165 Industrial and General Ins. Plc MR & MRS OGBANGA CORNELIUS ACCIDENT 3,600,000.00 01-09-15

166 Industrial and General Ins. Plc FEDERAL HIGH COURT THEFT 3,685,500.00 01-09-15

167 Industrial and General Ins. Plc MEO -ON PETROLEUM LTD. ACCIDENT 5,355,000.00 01-10-15

168 Industrial and General Ins. Plc FEDERAL HIGH COURT THEFT 5,400,000.00 01-10-15

169 KBL Insurance Limited FAIRPLUS INTERNATIONAL LTD ACCIDENT 5,590,000.00

22-12-15

170 KBL Insurance Limited ABIMBOLA OLUWATOSIN PETERS ACCIDENT 5,265,000.00

24-03-15

171 KBL Insurance Limited CHRISTEE INVESTMENT CO. LTD FIRE DAMAGE 5,000,000.00

24-02-15

172 KBL Insurance Limited CHRISTEE INVESTMENT CO. LTD FIRE DAMAGE 5,000,000.00

24-02-15

173 KBL Insurance Limited EVANS INDUSTRIES LIMITED ACCIDENT 4,860,000.00

28-01-15

174 KBL Insurance Limited GLOBE MOTORS HOLDING NIG. LTD ACCIDENT 4,765,000.00

23-01-15

175 KBL Insurance Limited CHRISTOPHER AJAH FIRE 4,640,000.00

05-11-15

176 KBL Insurance Limited CHINATU NWANKWO/KEYSTONE BANK ACCIDENT 4,555,250.00

22-10-15

177 KBL Insurance Limited AHMED KUNLE ODUWOLE ACCIDENT 4,310,000.00

19-02-15

178 KBL Insurance Limited

FIDELITY BANK PLC/GPC ENERGY AND

LOGISTICS ACCIDENT & a 3rd PARTY VEHICLE 3,949,500.00

03-09-15

179 KBL Insurance Limited OLUWAFUNKE ILESANMI ACCIDENT 3,810,000.00 12-02-15

180 KBL Insurance Limited TOLULOPE OGEDENGBE THEFT 3,705,000.00

16-02-15

181 Leadway Assurance Co. Ltd Delegation Of European Union ACCIDENT 12,501,233.59 11-12-15

182 Leadway Assurance Co. Ltd Standard Chartered Bank Nigeria Limited ACCIDENT 12,197,500.00 01-06-15

183 Leadway Assurance Co. Ltd Reynolds Construction Company Nigeria Limited LONE ACCIDENT 11,956,789.57 18-05-15

184 Leadway Assurance Co. Ltd Mrs BALARABA ZAHRA ALIYU-INUWA ACCIDENT 10,125,000.00 30-12-15

185 Leadway Assurance Co. Ltd Prince JOSEPH ETU ACCIDENT 10,115,500.00 09-02-15

186 Leadway Assurance Co. Ltd Ecobank Nigeria Plc ACCIDENT 9,447,840.00 27-02-15

187 Leadway Assurance Co. Ltd Reynolds Construction Company Nigeria Limited ACCIDENT & T/PARTY 9,176,017.57 11-02-15

188 Leadway Assurance Co. Ltd Mr SOLOMON OLUKAYODE ACCIDENT 6,412,500.00 19-10-15

189 Leadway Assurance Co. Ltd Professor Sunday Ajao Owolabi ACCIDENT 6,318,000.00 20-01-15

190 Leadway Assurance Co. Ltd Truluck International Nigeria Limited ACCIDENT 6,300,000.00 09-04-15

191 Leadway Assurance Co. Ltd Consolidated Discounts Limited ACCIDENT 5,795,000.00 19-02-15

192 Leadway Assurance Co. Ltd Doctor AKINWUNMI AKINSANYA ACCIDENTWITH T/P VEHICLE 5,670,000.00 28-05-15

193 Leadway Assurance Co. Ltd Passionate Wheels Company Limited ACCIDENT 5,629,500.00 17-02-15

194 Leadway Assurance Co. Ltd Forte Oil Plc ACCIDENT 5,458,331.00 16-06-15

195 Leadway Assurance Co. Ltd NATT GLOBAL SERVICES LIMITED FIRE 5,355,000.00 02-07-15

196 Leadway Assurance Co. Ltd Alhaji ABDUL-AZIZ BADAMASI ACCIDENT 5,346,000.00 15-10-15

197 Leadway Assurance Co. Ltd Mr Muoneke Chukwudum ACCIDENT 5,264,000.00 09-12-15

198 Leadway Assurance Co. Ltd Mr OLATUNJI BELLO FIRE 5,219,999.91 25-06-15

199 Leadway Assurance Co. Ltd Mr OLUJIMI DUNCAN OSHO HIT AND RUN ACCIDENT 5,175,000.00 19-08-15

200 Leadway Assurance Co. Ltd Capital Bancorp Plc ACCIDENT 5,172,750.00 17-12-15


98


201 Leadway Assurance Co. Ltd FREEQUEST NIGERIA LIMITED ACCIDENT 5,062,500.00 16-09-15

202 Leadway Assurance Co. Ltd Banrut Rolls Nigeria Limited ACCIDENT 5,058,000.00 29-06-15

203 Leadway Assurance Co. Ltd Reynolds Construction Company Nigeria Limited ACCIDENTAL DAMAGE 5,047,041.56 27-11-15

204 Leadway Assurance Co. Ltd Nikoy Nig. Ltd ACCIDENTAL DAMAGE 4,873,230.00 21-12-15

205 Leadway Assurance Co. Ltd UAC OF NIGERIA PLC (RETIREES) ACCIDENT INVOLVING TRUCK 4,836,118.32 18-02-15

206 Leadway Assurance Co. Ltd

NIGERIA IMMIGRATION COOPERATIVE

MULTIPURPOSE SOCIETY ACCIDENT 4,790,000.00 09-11-15

207 Leadway Assurance Co. Ltd Nikoy Nig. Ltd ACCIDENTAL DAMAGE 4,731,030.00 03-12-15

208 Leadway Assurance Co. Ltd Mr Obianuju Cecilia Bosah ACCIDENT 4,702,000.00 01-06-15

209 Leadway Assurance Co. Ltd OLIPHA CONCEPT AND SERVICES THEFT 4,387,500.00 27-08-15

210 Leadway Assurance Co. Ltd Sinostar International Nigeria Limited ACCIDENT 4,321,800.00 11-02-15

211 Leadway Assurance Co. Ltd ICMA Services ACCIDENT 4,291,875.00 09-07-15

212 Leadway Assurance Co. Ltd SUN BLESSING AUTOMOBILE ENTERPRISES LTD ACCIDENT 4,275,000.00 19-02-15

213 Leadway Assurance Co. Ltd Mr FELIX ADIGWE ACCIDENT 4,208,175.00 17-03-15

214 Leadway Assurance Co. Ltd S.c.c (nigeria) Limited

THIRD PARTIES DEATH INJURIES &

PROPERTY DAMAGE 4,200,000.00 10-09-15

215 Leadway Assurance Co. Ltd Microcred Mfb Nigeria Limited ACCIDENTAL DAMAGE 4,179,235.48 24-03-15

216 Leadway Assurance Co. Ltd Mr Samuel Danladi Dagwang ACCIDENT 4,064,539.51 25-11-15

217 Leadway Assurance Co. Ltd Mrs OLUFUNMILAYO ADEYI ACCIDENT & T/PARTY MOTOCYCLE 4,050,000.00 16-10-15

218 Leadway Assurance Co. Ltd Mrs HABIBA TANIN DOGO ACCIDENT 3,975,000.00 04-08-15

219 Leadway Assurance Co. Ltd Dangote Sugar Plc

ACCIDENTAL DAMAGE TO 3RD PARTY

VEH. 3,973,750.00 23-03-15

220 Leadway Assurance Co. Ltd Alhaji SARAFADEEN OYETUNDE ACCIDENT 3,948,750.00 07-01-15

221 Leadway Assurance Co. Ltd DARABEL HAULAGE & LOGISTICS SERVICES ACCIDENT 3,825,000.00 06-03-15

222 Leadway Assurance Co. Ltd ICMA Services THEFT 3,786,750.00 02-09-15

223 Leadway Assurance Co. Ltd Reynolds Construction Company Nigeria Limited LONE ACCIDENT 3,774,000.00 30-01-15

224 Leadway Assurance Co. Ltd Jof Nigeria Limited ACCIDENT 3,641,355.00 09-11-15

225 Leadway Assurance Co. Ltd BEST FORWARD LOGISTIC LIMITED ACCIDENT 3,596,850.00 19-08-15

226 Linkage Assurance Plc FIDELITY BANK/ GPC ENERGY & LOGISTICS ACCIDENT 16,130,067.56

09-07-15

227 Linkage Assurance Plc CYRIL OGUDE ACCIDENT 15,467,700.00 21-12-15

228 Linkage Assurance Plc LANRE SHITTU MOTORS NIGERIA LIMITED ACCIDENT 11,972,811.82

09-11-15

229 Linkage Assurance Plc LANRE SHITTU MOTORS NIGERIA LTD ACCIDENT 9,939,387.01 05-06-15

230 Linkage Assurance Plc CRESEADA INT'L LIMITED ACCIDENT 6,146,865.65 18-05-15

231 Linkage Assurance Plc INTERNATIONAL ENERGY ACCIDENT 5,540,250.00 08-07-15

232 Linkage Assurance Plc DERAD REHAB MANAGEMENT ACCIDENT 4,822,800.00

07-12-15

233 Linkage Assurance PlcOWAN EAST LOCAL GOVERNMENT AREA AFUZE THEFT

4,644,000.00

14-12-15

234 Linkage Assurance Plc BANK OF IND./ABDULGANIYU O. MOHAMMED ACCIDENT 4,068,000.00 12-08-15

235 Linkage Assurance Plc FRANCES ERONONMOMENE ACCIDENT 3,846,422.45 08-12-15

236 Linkage Assurance Plc BLESSED TEILEX NIGERIA LIMITED ACCIDENT 3,700,000.00 07-12-15

237 Mutual Benefits Assurance Plc ANIAH JOEY / SHELL STAFF COOP ACCIDENT 5,535,000.00 03-02-15

238 Mutual Benefits Assurance Plc LANRE SHITTU MOTORS NIG. LTD/ ACCIDENT 5,881,958.18 04-02-15

239 Mutual Benefits Assurance Plc DE-DAMAK NIG LTD ACCIDENT 4,189,500.00 09-02-15

240 Mutual Benefits Assurance Plc DR. OKEOWO OLUSEGUN ACCIDENT 5,985,000.00 09-02-15

241 Mutual Benefits Assurance Plc FCMB BANK PLC/OLUROTIMI ARIGBEDE ACCIDENT 5,220,250.00 13-02-15

242 Mutual Benefits Assurance Plc F.S.D.H MERCHANT BANK/NIKKY ACCIDENT 3,676,500.00 13-02-15

243 Mutual Benefits Assurance Plc PRAISE HILL LIMITED ACCIDENT 6,581,250.00 04-03-15

244 Mutual Benefits Assurance Plc FCMB PLC/FIRST CHOICE LEASING ACCIDENT 6,660,000.00 16-03-15

245 Mutual Benefits Assurance Plc CATHOLIC LAITY COUNCIL ORLU ACCIDENT 5,449,500.00 18-03-15

246 Mutual Benefits Assurance Plc DANIEL OLUWAGBEMIGA/CAPS FEED FIRE 3,591,000.00 25-03-15

247 Mutual Benefits Assurance Plc ENGR. AKINTOLA TUNDE JOSEPH FIRE 6,825,000.00 02-04-15

248 Mutual Benefits Assurance Plc FIDELITY BANK PLC/CRYSLAD NIGERIA ACCIDENT 3,696,840.00 13-04-15

249 Mutual Benefits Assurance Plc CONSTANT LINK VENTURES NIG. ACCIDENT 4,953,375.00 17-04-15

250 Mutual Benefits Assurance Plc FELIX AKINSOLA ACCIDENT 3,948,750.00 17-04-15


MOTOR CLAIMS

99


251 Mutual Benefits Assurance Plc HAULAGE SPECIALIST ACCIDENT 7,630,479.00 21-04-15

252 Mutual Benefits Assurance Plc EJIKE ONWUCHULUBA ACCIDENT 3,615,000.00 18-05-15

253 Mutual Benefits Assurance Plc STAINLESS TRANSPORT LIMITED ACCIDENT 5,429,250.00 21-05-15

254 Mutual Benefits Assurance Plc STAINLESS & COUSIN W.A. LIMITED ACCIDENT 5,449,250.00 21-05-15

255 Mutual Benefits Assurance Plc CRYSLAD NIGERIA LIMITED ACCIDENT 4,050,000.00 03-06-15

256 Mutual Benefits Assurance Plc MAXWELL IHENACHO FIRE 11,655,000.00 04-06-15

257 Mutual Benefits Assurance Plc MRS OGOCHI OHIOMOBA ACCIDENT 4,816,196.42 17-06-15

258 Mutual Benefits Assurance Plc JNC INTERNATIONAL LIMITED ACCIDENT 4,680,000.00 13-07-15

259 Mutual Benefits Assurance Plc BAFUNSO RAHAMON AJIBOLA ACCIDENT 3,510,000.00 04-08-15

260 Mutual Benefits Assurance Plc STERLING BANK PLC/OMOBAYODE ABE ACCIDENT 6,727,500.00 09-09-15

261 Mutual Benefits Assurance Plc CCECC NIGERIA LTD ACCIDENT 3,936,605.00 11-09-15

262 Mutual Benefits Assurance Plc JOSIEN HOLDINGS LIMITED ACCIDENT 11,590,000.00 17-09-15

263 Mutual Benefits Assurance Plc FRIESLANDCAMPINA WAMCO NIGERIA THEFT 4,329,000.00 14-10-15

264 Mutual Benefits Assurance Plc HELICON INDUSTRIAL SERVICES ACCIDENT 4,091,850.00 19-10-15

265 Mutual Benefits Assurance PlcFEDERAL UNIVERSITY OF TECHNOLOGY,

AKURE

ACCIDENT 3,595,987.50 20-10-15

266 Mutual Benefits Assurance Plc AGUNU OSHIOMOGIE PETER THEFT 4,275,000.00 22-10-15

267 Mutual Benefits Assurance Plc STAINLESS TRANSPORT LIMITED THEFT 6,519,750.00 22-10-15

268 Mutual Benefits Assurance Plc AJAY SATYARTHI ACCIDENT 5,850,000.00 23-10-15

269 Mutual Benefits Assurance Plc NGENE LOGISTICS SERVICES FIRE 6,412,500.00 12-11-15

270 Mutual Benefits Assurance PlcLANRE SHITTU MOTORS NIG. LTD/ FIDELITY

BANK

ACCIDENT 6,326,994.75 26-11-15

271 Mutual Benefits Assurance Plc KIND JOY INTERNATIONAL LIMITED ACCIDENT 4,278,125.00 14-12-15

272 Mutual Benefits Assurance Plc EXCEEDING GRACE TRANSIT ACCIDENT 6,804,000.00 29-12-15

273 Mutual Benefits Assurance Plc EXCEEDING GRACE TRANSIT ACCIDENT 5,568,750.00 29-12-15

274 NSIA Insurance Co. Ltd

PETROLSEAL OCEAN AND ENERGY LTD /

DIAMOND BANK ACCIDENT 3,685,500.00 16-03-15

275 NSIA Insurance Co. Ltd MAGNET ENERGY LTD ACCIDENT 3,932,550.00 15-10-15


DELKTA GLOBAL RESOURCES LTD / DIAMOND

BANK PLC ACCIDENT 3,975,327.15 19-05-15

277 NSIA Insurance Co. Ltd KUFRE EYO SUNDAY/DIAMOND BANK PLC ACCIDENT 4,119,862.50 21-05-15


DIAMOND BANK PLC/ QUALIHEALTH

DIAGNOSTICS LIMITED ACCIDENT 4,200,525.00 08-06-15

279 NSIA Insurance Co. Ltd CENTURY ROOFS LTD ACCIDENT 4,345,200.00 08-12-15


JOURNEY WALKER MASS TRANSIT LIMITED /

DIAMOND BANK ACCIDENT 4,446,900.00 05-10-15

281 NSIA Insurance Co. Ltd AVI SERVICES LIMITED ACCIDENT 4,504,950.45 15-12-15

282 NSIA Insurance Co. Ltd APARA LINE COMPANY LIMITED ACCIDENT 4,681,800.00 27-10-15


NIGERIA COMMERCIAL AND INDUSTRIAL ENT.

LTD ACCIDENT 4,795,688.50 15-12-15

284 NSIA Insurance Co. Ltd DABAK NIGERIA LIMITED / DIAMOND BANK PLC ACCIDENT 4,941,000.00 10-02-15

285 NSIA Insurance Co. Ltd AHAMEFUNA AGHO / DIAMOND BANK PLC THEFT 5,296,200.00 14-12-15


NEWTON AND DAVID LIMITED/DIAMOND BANK

PLC ACCIDENT 5,514,750.00 28-05-15

287 NSIA Insurance Co. Ltd OCEANIC POINT MARITIME SERVICES LIMITED ACCIDENT 6,142,500.00 16-04-15

288 NSIA Insurance Co. Ltd STARLINE NIGERIA LTD ACCIDENT 6,160,650.00 08-07-15

289 NSIA Insurance Co. Ltd TRAVEL AND LOGISTICS CENTRE LTD ACCIDENT 8,424,000.00 11-11-15

290 NSIA Insurance Co. Ltd OPARANOZIE ALEXANDER THEFT 4,625,000.00 03-08-15

291 NSIA Insurance Co. Ltd J. PATEL AND SONS LIMITED ACCIDENT 4,635,000.00 20-04-15


GALLERY AUTOMATIVE AND MERCHADISE CO

LTD ACCIDENT 4,715,000.00 23-04-15

293 NSIA Insurance Co. Ltd Mrs CHIMARAUCHE JOSEPH CHIMARAUCHE THEFT 4,821,863.50 09-06-15

294 NSIA Insurance Co. Ltd L & Z INTERGRATED FARMS LTD ACCIDENT 5,151,533.87 03-09-15

295 NSIA Insurance Co. Ltd PETROQUIP NIGERIA LIMITED ACCIDENT 19,885,000.00 15-10-15

296 NSIA Insurance Co. Ltd TAYLEK DRUGS COMPANY LIMITED ACCIDENT 3,645,000.00 29-12-15

297 NSIA Insurance Co. Ltd SUMMIT HEALTHCARE HOSPITAL LTD ACCIDENT 3,900,000.00 08-10-15

298 Standard Alliance Insurance Plc FIDELITY BANK /GPC ENERGY & LOGISTICS ACCIDENT 14,157,633.31 10-07-15

299 Standard Alliance Insurance Plc IKPEA JOSEPH IGIAGBE ACCIDENT 6,800,000.00 15-01-15

300 Standard Alliance Insurance Plc CROSS COUNTRY LTD ACCIDENT 4,542,000.00 06-11-15


MOTOR CLAIMS

100


301 Standard Alliance Insurance Plc CROSS COUNTRY LTD ACCIDENT 4,542,000.00 16-09-15

302 Standard Alliance Insurance Plc AFEMAI MICRO FINANCEBANK FIRE DAMAGE 3,690,000.00 25-03-15

303 Standard Alliance Insurance Plc MILLENIUM DEV GOALS THEFT 3,619,486.21

13-05-15

304 Sovereign Trust Insurance PlcPKO TECHNOLOGIES LIMITED/Catlant International Theft 4,037,054.94

01-05-15

305 STACO Insurance Plc GPC ENERGY & LOGISTICS LIMITED ACCIDENT 14,220,000.00

08-12-15

306 STACO Insurance Plc MR SHINA ABIOLA PELLER ACCIDENT 8,529,957.70

31-12-15

307 STACO Insurance Plc NDPHC/NIPP (PHASE 1V) THEFT 8,100,000.00

03-09-15

308 STACO Insurance Plc NDPHC/NIPP (PHASE 1V) THEFT 8,100,000.00

21-01-15

309 STACO Insurance Plc CRANE "R" US NIGERIA LTD & ASSOCIATES ACCIDENT 6,075,000.00

14-12-15

310 STACO Insurance PlcMOBIL PRODUCING NIGERIA

UNLIMITED/REGULAR EMPLOYEES

BATCH 1 2014 MOBIL PRODUCING

EMPLOYEE ABOVE 500,000.00

5,716,229.74 18-08-15

311 STACO Insurance Plc SIGNATURE CABS & HIRE SERVICES LTD NOTIFICATION OF ACCIDENT 5,150,000.00 10-08-15

312 STACO Insurance Plc KOBEISSI ELECTRICAL & MECH.L ENG. LTD. ACCIDENT 5,140,225.00 03-12-15

313 STACO Insurance PlcMOBIL PRODUCING NIGERIA

UNLIMITED/REGULAR EMPLOYEES

MOBILE AUTO CLAIMS 4,722,409.00

16-11-15

314 STACO Insurance Plc ORITSETIMEYIN LOGISTICS LTD ACCIDENT 4,704,812.33

16-01-15

315 STACO Insurance PlcANIMAL CARE SERVICES KONSULT NIG./

ECOBANK

THEFT 4,391,437.50

16-09-15

316 STACO Insurance Plc BISHOP DR ABRAHAM CHIGBUNDU ACCIDENT 4,262,618.85

19-03-15

317 STACO Insurance Plc ASCON OIL COMPANY LIMITED FIRE DAMAGE 4,095,000.00

25-11-15

318 STACO Insurance Plc SPRINGVIEW SERVICES LIMITED ACCIDENT 3,888,000.00

08-09-15

319 STACO Insurance Plc GENERAL & HEALTH LOGISTICS INT. LIMITED ACCIDENT 3,657,000.00

14-09-15

320 STACO Insurance Plc BEAUTY AND FRAGRANCE ACCIDENT 3,638,950.00

22-05-15

321 STACO Insurance Plc DR. F. A. FADEYI ACCIDENT 3,613,500.00

01-09-15

322 STACO Insurance Plc NANCY BLESSING IGBINOVIA ACCIDENT 3,531,000.00

21-04-15

323 Sterling Ass. Nigeria Limited E. EKESONS BROS ENT. (W.A) LTD ACCIDENT 3,755,850.00 01-02-15

324 Sterling Ass. Nigeria Limited MOBIL PRODUCING NIGERIA UNLIMITED ACCIDENT 5,448,264.71 01-08-15

325 Wapic Insurance Plc

ACCESS BANK PLC/ FENECH INTEGRATED

SERVICE LTD Accidental Damage 5,514,750.00

26-11-14

326 Wapic Insurance Plc ACCESS BANK PLC/ ECM TERMINALS LTD Accidental Damage 4,099,725.00

22-09-14

327 Wapic Insurance Plc EVANS INDUSTRIES LTD. Accidental Damage 7,836,000.00

10-12-14

328 Wapic Insurance Plc EVANS INDUSTRIES LTD. Accidental Damage 7,836,000.00

10-12-14

329 Wapic Insurance Plc RAINOIL LIMITED Accidental Damage 7,810,000.00

23-10-14

330 Wapic Insurance Plc SEEDZ COOPERATIVE MULTIPURPOSE SOCIETY Accidental Damage 6,740,000.00

19-11-14

331 Wapic Insurance Plc MDINA NIGERIA LIMITED Fire Damage 4,680,000.00

26-03-15

332 Wapic Insurance Plc MDINA NIGERIA LIMITED Fire 4,680,000.00

26-03-15

333 Wapic Insurance Plc DARABELL HAULAGE & LOGISTICS SERVICE Accidental Damage 3,825,000.00

11-01-15

334 Wapic Insurance Plc Mr. OLADAPO DAVID Accidental Damage 6,515,000.00

03-11-15

335 Wapic Insurance Plc PETROLEUM EQUALISATION FUND Accidental Damage 4,060,359.38

13-03-15

336 Wapic Insurance Plc FAGBEMI BUSOLA Accidental Damage 3,705,000.00

20-06-15

337 Wapic Insurance Plc ACCESS BANK PLC/ GREENWICHTRUST LTD Accidental Damage 3,656,594.92

16-05-15

338 Wapic Insurance Plc ACCESS BANK PLC Accidental Damage 3,581,550.00

30-12-14

339 Zenith Gen. Ins. Company Ltd. GOD IS GOOD MOTORS LIMITED ACCIDENT 4,725,000.00

01-01-15

340 Zenith Gen. Ins. Company Ltd. GENERAL ELECTRIC INTERNATIONAL ACCIDENT 5,528,000.00

01-01-15

341 Zenith Gen. Ins. Company Ltd. ZENITH BANK PLC/ GOD IS GOOD MOTORS LTD ACCIDENT 3,825,000.00

01-02-15

342 Zenith Gen. Ins. Company Ltd. GOD IS GOOD MOTORS ACCIDENT 4,825,000.00

01-02-15

343 Zenith Gen. Ins. Company Ltd. BONNYWAY MOTORS NIG. LTD ACCIDENT 4,852,800.00

01-02-15

344 Zenith Gen. Ins. Company Ltd. G U OKEKE & SONS LTD ACCIDENT 4,860,000.00

01-02-15

345 Zenith Gen. Ins. Company Ltd.

OFFICE OF SPECIAL ADVISER TO THE

PRESIDENT ON NIGER DELTA (AMNESTY) FIRE DAMAGE 4,006,800.00 01-03-15

346 Zenith Gen. Ins. Company Ltd. COSCHARIS MOTORS LIMITED ACCIDENT 4,382,932.48 01-03-15

347 Zenith Gen. Ins. Company Ltd. ZCJS NIG LTD ACCIDENT 4,621,230.00 01-03-15

348 Zenith Gen. Ins. Company Ltd. MOHAMMED Z. BABA KUSA ACCIDENT 7,200,000.00 01-03-15

349 Zenith Gen. Ins. Company Ltd. SETRACO NIGERIA LTD ACCIDENT 10,938,841.39 01-03-15

350 Zenith Gen. Ins. Company Ltd. GE INTERNATIONAL OPERATIONS NIG FIRE DAMAGE 11,970,000.00 01-03-15


MOTOR CLAIMS

101


351 Zenith Gen. Ins. Company Ltd. TARLL-ILAY LIMITED FIRE DAMAGE 4,950,000.00 01-04-15

352 Zenith Gen. Ins. Company Ltd. G U OKEKE AND SONS LTD FIRE DAMAGE 51,810,400.00 01-04-15

353 Zenith Gen. Ins. Company Ltd. GOD IS GOOD MOTORS LIMITED ACCIDENT 4,860,000.00 01-05-15

354 Zenith Gen. Ins. Company Ltd. DELTA TRANSPORT SERVICE LTD ASABA ACCIDENT 4,941,000.00

01-05-15

355 Zenith Gen. Ins. Company Ltd. SETRACO NIGERIA LTD THEFT 18,273,072.01

01-05-15

356 Zenith Gen. Ins. Company Ltd. LINKAGE ASSURANCE PLC THEFT 4,143,750.00

01-07-15

357 Zenith Gen. Ins. Company Ltd. G.U OKEKE & SONS LIMITED FIRE DAMAGE 4,334,160.00

01-07-15

358 Zenith Gen. Ins. Company Ltd. ASUU-NATIONAL SECRETARIAT ACCIDENT 6,000,000.00

01-07-15

359 Zenith Gen. Ins. Company Ltd. FIDELITY BANK PLC / SINGE OBI TRANS. LTD ACCIDENT 13,765,800.00

01-07-15

360 Zenith Gen. Ins. Company Ltd. PIVOT ENGINEERING COMPANY LIMITED ACCIDENT 6,279,300.00

01-08-15


01-09-15

362 Zenith Gen. Ins. Company Ltd. EVEREST METAL NIGERIA LTD THEFT 4,212,000.00

01-09-15

363 Zenith Gen. Ins. Company Ltd. KUNLUN CONSTRUCTION COMPANY LTD ACCIDENT 4,366,750.00

01-09-15

364 Zenith Gen. Ins. Company Ltd. ZENITH BANK PLC / PENGASSAN ACCIDENT 4,470,050.00

01-09-15


01-09-15

366 Zenith Gen. Ins. Company Ltd. FIDELITY BANK PLC / SINGE OBI TRANS. LTD ACCIDENT 13,510,500.00

01-09-15

367 Zenith Gen. Ins. Company Ltd. CHINEMELU NWOKIKE THEFT 4,050,000.00

01-10-15

368 Zenith Gen. Ins. Company Ltd. FX AFRICA LIMITED ACCIDENT 4,195,000.00

01-10-15

369 Zenith Gen. Ins. Company Ltd. ORANGE DRUGS LIMITED ACCIDENT 7,810,500.00

01-10-15

370 Zenith Gen. Ins. Company Ltd. MR ALABI ABIODUN ACCIDENT 4,367,250.00

01-11-15

371 Zenith Gen. Ins. Company Ltd. MR TAJUDEEN MOMOH ACCIDENT 5,412,800.00

01-11-15


MULTIPRO CONSUMER PRODUCTS LTD- BHN

DIVISION ACCIDENT 9,571,975.00

01-11-15


FIDELITY BANK / BASIC CONTRACTS & SUPP

SERV LTD ACCIDENT 12,206,865.60 01-11-15

374 Zenith Gen. Ins. Company Ltd. S & V ROCKS LIMITED ACCIDENT 3,529,100.00 01-12-15

375


DIVISION ACCIDENT 3,950,100.00 01-12-15

376 Zenith Gen. Ins. Company Ltd. NIGER FOUNDATION HOSPITAL THEFT 4,090,500.00 01-12-15



DIVISION ACCIDENT 10,030,687.50

01-12-15

378 AIICO Insurance Plc BHN LTD ACCIDENT 3,500,000.00 02-12-15

379 AIICO Insurance Plc MULTIPRO ENT. LTD-BHN DIVISION/ECOBANK ACCIDENT 3,524,771.00 15/04/2015

380 AIICO Insurance Plc OLALEYE WURAOLA & MOBOLAJI ACCIDENT 3,626,650.00 02-06-15

381 AIICO Insurance Plc MULTIPRO ENTERPRISES LIMITED ACCIDENT 3,728,750.00 11-05-15


383 AIICO Insurance Plc MOPELOLA BAKARE THEFT 3,762,000.00 25/11/2015

384 AIICO Insurance Plc ANIMASHAUN INTEGRATED SERVICES ACCIDENT 3,948,750.00 12-08-15

385 AIICO Insurance Plc SEVEN UP BOTTLING CO. PLC ACCIDENT 4,003,500.00 25/05/2015

386 AIICO Insurance Plc BHN LTD ACCIDENT 4,038,750.00 23/01/2015

387 AIICO Insurance Plc AJALA ADEREMI OMOTESHO ACCIDENT 4,050,000.00 04-07-15

388 AIICO Insurance Plc BHN LTD FIRE INCIDENT 4,054,375.00 17/08/2015

389 AIICO Insurance Plc REM-BAM NIGERIA LIMITED ACCIDENT 4,257,258.75 01-07-15


391 AIICO Insurance Plc MRS ONOME VICTORIA OKUNA FIRE INCIDENT 4,569,500.00 14/10/2015

392 AIICO Insurance Plc MRS ONOME VICTORIA OKUNA FIRE INCIDENT 4,569,500.00 30/09/2015

393 AIICO Insurance Plc TOTAL NIGERIA PLC ACCIDENT 4,620,000.00 22/10/2015

394 AIICO Insurance Plc NEURON EXPRESS DELIVERIES LTD ACCIDENT 4,788,000.00 24/04/2015

395 AIICO Insurance Plc BELLO OLADIPUPO ISHOLA ACCIDENT 4,826,250.00 14/05/2015

396 AIICO Insurance Plc AJAGUNNA AKEEM MAKINDE FIRE ACCIDENT 4,826,250.00 17/06/2015

397 AIICO Insurance Plc BHN LTD ACCIDENT 4,920,125.00 17/08/2015

398 AIICO Insurance Plc NATIONAL INTELLIGENCE AGENCY THEFT 5,022,000.00 12-08-15

399 AIICO Insurance Plc CATALUNYA NIGERIA LTD ACCIDENT 5,130,000.00 22/12/2015

400 AIICO Insurance Plc MULTIPRO ENTERPRISES LIMITED ACCIDENT 5,237,885.00 04-08-15


MOTOR CLAIMS

102


401 AIICO Insurance PlcMULTIPRO ENTERPRISES LIMITED ACCIDENT AND A 3RD PARTY 5,357,220.00 24/08/2015

402 AIICO Insurance Plc DIAMOND DERA LIMITED FIRE INCIDENT 5,400,000.00 09-07-15

403 AIICO Insurance Plc REM - BAM NIGERIA LIMITED DAMAGE TO THIRD PARTY VEH. 5,505,000.00 01-09-15

404 AIICO Insurance Plc FBN/HURLAG TECHNOLOGIES LTD ACCIDENT 5,528,250.00 23/01/2015

405 AIICO Insurance Plc

DEACONESS UDUAK A. ETUK ACCIDENT, CAUSING DEATH TO

PEDESTRIAN AND 3 DOGS ON THE

SPOT

5,603,000.00 10-06-15

406 AIICO Insurance Plc REM - BAM NIGERIA LIMITED ACCIDENT 5,842,000.00 29/10/2015

407 AIICO Insurance Plc HI-STAKE NIGERIA LIMITED THEFT 6,000,000.00 26/03/2015

408 AIICO Insurance Plc BHN LTD/ DIAMOND BANK ACCIDENT 6,000,000.00 08-07-15

409 AIICO Insurance Plc AOP LOGISTICS LIMITED ACCIDENT 6,194,912.50 29/10/2015

410 AIICO Insurance Plc AOP LOGISTICS LIMITED ACCIDENT, WITH THIRD PARTY 6,253,750.00 21/04/2015

411 AIICO Insurance Plc EZEIGBO CHIMARAOKE CHIEDOZIE FIRE INCIDENT 6,317,500.00 24/06/2015

412 AIICO Insurance Plc AOP LOGISTICS LIMITED ACCIDENT 6,631,668.57 21/04/2015


414 AIICO Insurance Plc REM - BAM NIGERIA LIMITED ACCIDENT 7,518,449.63 12-02-15


416 AIICO Insurance Plc REM-BAM NIGERIA LIMITED ACCIDENT 8,769,988.00 21/05/2015

417 AIICO Insurance Plc DIMARS INDUSTRIES LIMITED ACCIDENT 9,217,600.00 19/08/2015

418 AIICO Insurance Plc NEZAM TRANSPORT NIG. LTD ACCIDENT, WITH ANOTHER LORRY 9,895,008.21 23/04/2015

419 AIICO Insurance Plc MULTIPRO ENTERPRISES LIMITED ACCIDENT 10,325,000.00 30/12/2015


MOTOR CLAIMS

103



1 Anchor Ins. Company Ltd ARTEE INDUSTRIES/MILLENIUM INTERNATIONAL LTD. FIRE 10,000,000.00 27-01-15

2 Anchor Ins. Company Ltd BRITISH OIL & GAS EXPLORATION LIMITED FLOOD 10,000,000.00 19-02-15

3 Anchor Ins. Company Ltd GAID TEXTILE COMPANY FIRE 5,075,705.00

09-01-15

4 Anchor Ins. Company Ltd CHRIS EJIKE GROUP OF COMPANIES FIRE 7,500,000.00

29-09-15

5 Anchor Ins. Company Ltd DAILY NEEDS INDUSTRIAL LIMITED FIRE 5,107,295.38

07-07-05


07-07-05


07-07-05

8 Anchor Ins. Company Ltd PORTS & CARGO HANDLING SERVICES LTD FIRE 6,531,242.73

07-07-05

9 Axa Mansard Ins. Plc CONTAINER & TRANSPORT ENG. NIG. LTD. FIRE 6,632,500.00

08-01-15

10 Axa Mansard Ins. Plc DELE BABADE Fire 4,671,850.00

29-12-15


FIRST EXPLORATION AND PETROLEUM DEVELOPMENT

COMPANY LIMITED Fire32,279,107.63

16-06-15

12 Axa Mansard Ins. Plc VENTURE UNDERTAKINGS LIMITED Fire 14,360,730.00

27-04-15

13 Axa Mansard Ins. Plc PRINCEVILLE HOTELS LTD/SEAWATER CRAFT LIMITED Fire 18,930,244.00

09-03-15

14 Axa Mansard Ins. Plc AMUDATU AMUSAN Fire 100,200,000.00

04-05-15

15 Axa Mansard Ins. Plc GOSHEN ADULT & KIDDIES WORLD Fire 7,398,800.64

11-11-15

16 Axa Mansard Ins. Plc CENTRE FOR INTEGRATED HEALTH PROGRAMS Fire 14,863,264.10

06-05-15

17 Axa Mansard Ins. Plc GUY OTOBO Fire 5,926,000.00

11-02-15

18 Axa Mansard Ins. Plc PROGRESS SEAFOOD NIGERIA LTD Fire 5,426,819.90

14-01-15

19 Axa Mansard Ins. Plc SAMUEL OCHEHO Water Damage 4,281,349.00

02-02-15

20 Axa Mansard Ins. Plc SANDRA SOLEBO Fire 10,026,922.55

19-03-15

21 Axa Mansard Ins. Plc MTN NIGERIA COMMUNICATIONS Theft 16,436,200.00

26-06-15

22 Axa Mansard Ins. Plc ARCHITECTURAL PRODUCTS COMPANY LIMITED Fire 4,048,145.35

23-10-15

23 Axa Mansard Ins. Plc TINCAN ISLAND CONTAINER TERMINALS Property Damage 5,781,984.38

01-07-15

24 Axa Mansard Ins. Plc ADDAX PETROLEUM DEVELOPMENT NIG. LTD FIRE 4,776,401.75

09-03-15


EMERGING MARKET TELECOMMUNICATION SERVICES

LIMITED FIRE 5,010,163.91 11-06-15

26 Axa Mansard Ins. Plc MTN NIGERIA COMMUNICATIONS Theft 9,902,910.26 02-10-15

27 Axa Mansard Ins. Plc COLOURS IN AFRICA LIMITED Fire 10,362,944.00 20-04-15

28 Axa Mansard Ins. Plc MTN NIGERIA COMMUNICATIONS Theft 9,688,658.95 30-06-15

29 Axa Mansard Ins. Plc TOWER ALUMINIUM NIGERIA PLC Theft 375,169,364.21

15-09-15

30 Custodian & Allied Ins. Ltd ASHAKA CEMENT PLC BREAKDOWN GENERATOR 7,298,694.00 14-01-15

31 Custodian & Allied Ins. Ltd UAC PLC & ASSOCIATED COMPANIES FIRE 5,774,174.50 22-01-15

32 Custodian & Allied Ins. Ltd

FLOUR MILLS OF NIGERIA PLC AND/OR BUHLER/EL-ALAN

&/OR ASS. COYS RAINSTORM DAMAGE 4,819,719.22 31-01-15



&/OR ASS. COYS FIRE12,696,931.60 31-01-15

34 Custodian & Allied Ins. Ltd THE CANDEL COMPANY LIMITED BURGLARY 5,119,227.00 24-02-15

35 Custodian & Allied Ins. Ltd CHI LIMITED FIRE 9,001,304.15 27-02-15

36 Custodian & Allied Ins. Ltd THE CANDEL COMPANY LIMITED BURGLARY 4,368,050.65 12-03-15

37 Custodian & Allied Ins. Ltd TOWER ALUMINIUM NIGERIA PLC FIRE 80,000,000.00 20-03-15

38 Custodian & Allied Ins. Ltd STANBIC BIZSURE POLICY-SME TRADER LOAN FIRE 3,591,000.00 14-04-15

39 Custodian & Allied Ins. Ltd TINCAN ISLAND CONTAINER TERMINAL LTD ACCIDENTAL DAMAGE 9,056,456.25 27-04-15

40 Custodian & Allied Ins. Ltd JULIUS BERGER NIGERIA PLC DAMAGE TO CRANE 4,689,914.54 05-05-15

41 Custodian & Allied Ins. Ltd TOWER ALUMINIUM NIGERIA PLC FIRE 17,121,333.39 07-05-15

42 Custodian & Allied Ins. Ltd LAFARGE AFRICA PLC *

PROP. DAMAGE AND BUSINESS

INTERRUPTIO CLAIM3,751,267.94 08-05-15



&/OR ASS. COYS FIRE10,213,392.17 28-05-15

44 Custodian & Allied Ins. Ltd SARO AGRO SCIENCES LTD/SARO AGRO FIRE 6,902,081.28 02-06-15

45 Custodian & Allied Ins. Ltd ROYAL SALTS LTD & ASSOCIATES 14, ADEMOLA STREET FIRE 6,974,167.54 10-06-15

46 Custodian & Allied Ins. Ltd EMTS/ETISALAT NIG. &/OR ASSOCIATE &/OR SUBI FIRE 4,089,567.23 18-06-15


48 Custodian & Allied Ins. Ltd THE CANDEL COMPANY LIMITED

MISAPPROPRIATION OF

STOCK/CASH16,904,013.50 19-06-15

49 Custodian & Allied Ins. Ltd GRANGE SCHOOL THUNDER/LIGTHENING 4,806,032.12 26-06-15

FIRE

104



50 Custodian & Allied Ins. Ltd GUARDIAN PRESS LTD FIRE 8,813,381.70 30-06-15

51 Custodian & Allied Ins. Ltd MTN COMMUNICATIONS NIGERIA LTD.& OTHERS MISSINGT BATTERIES 61,635,907.80 01-07-15

52 Custodian & Allied Ins. Ltd BETA GLASS PLC GLASS LEAKAGE ON FURNACE 13,746,202.38 01-07-15

53 Custodian & Allied Ins. Ltd MTN COMMUNICATIONS NIGERIA LTD.& OTHERS FIRE 36,332,471.06 09-07-15


55 Custodian & Allied Ins. Ltd IBAFON OIL FZE FRAUDULENT ACT 7,658,453.71 28-07-15

56 Custodian & Allied Ins. Ltd ECOBANK NIGERIA LIMITED FIRE 4,013,271.60 14-08-15



59 Custodian & Allied Ins. Ltd CHI FARMS LIMITED FIRE 4,240,615.30 27-08-15

60 Custodian & Allied Ins. Ltd BETA GLASS PLC (DELTA PLANT) FIRE 24,000,000.00 28-08-15

61 Custodian & Allied Ins. Ltd GRUPPO INVESTMENT NIG. LTD

DAMAGED TO THIRD PARTY

SHOP/STOCK 3,926,231.80 01-09-15

62 Custodian & Allied Ins. Ltd DANGOTE GROUP OF COMPANIES AND SUBSIDIARIES FIRE 7,694,708.28 09-09-15

63 Custodian & Allied Ins. Ltd AVANTI INDUSTRIES LIMITED FIRE 23,798,763.26 11-09-15

64 Custodian & Allied Ins. Ltd TOWER ALUMINIUM NIGERIA PLC CONSEQUENTIAL LOSS 152,991,576.00 15-09-15



&/OR ASS. COYS FIRE 3,674,250.00 18-09-15

66 Custodian & Allied Ins. Ltd MTN NIGERIA COMMUNICATIONS LIMITED FIRE 37,135,913.48 05-10-15

67 Custodian & Allied Ins. Ltd BETA GLASS PLC DAMAGE TO TRANSFORMERS 5,913,560.00 20-10-15

68 Custodian & Allied Ins. Ltd PORT & CARGO HANDLING SERV.LTD/NPA FIRE DAMAGE TO KALMAR 16,328,106.83 21-10-15

69 Custodian & Allied Ins. Ltd ARCHITECTURAL PRODUCTS LIMITED FIRE 4,048,145.35 22-10-15

70 Custodian & Allied Ins. Ltd SEVEN UP BOTTLING CO. PLC FLOOD 6,076,714.20 27-10-15

71 Custodian & Allied Ins. Ltd MDS LOGISITICS PLC FIRE 34,846,825.89 02-11-15

72 Custodian & Allied Ins. Ltd JULIUS BERGER NIGERIA PLC FIRE 5,145,763.65 03-11-15

73 Custodian & Allied Ins. Ltd IKEJA HOTELS PLC/LAGOS SHERATON HOTELS

EXPLOSION OF GENERATING

PLANT 6,433,074.31 04-11-15

74 Custodian & Allied Ins. Ltd MTN NIGERIA COMMUMNICATIONS LTD & OTHERS TOWER (MAST) COLLAPSE 6,141,807.51 12-11-15

75 Custodian & Allied Ins. Ltd NIGERIAN POSTAL SERVICES (NIPOST) FIRE 3,854,510.44 30-11-15

76 Custodian & Allied Ins. Ltd FOLAWIYO ENERGY MOORING DOLPHIN FAILURE 28,309,208.40 08-12-15

77 Custodian & Allied Ins. Ltd SKYE BANK PLC FIRE INCIDENT 11,793,500.34 17-12-15

78 Custodian & Allied Ins. Ltd BETA GLASS PLC BOOST TRANSFORMER FAILURE 6,859,226.60 31-12-15

79 Ensure Insurance Plc SAP NIGERIA LIMITED FIRE 65,986,054.90

19/06/2015

80 Ensure Insurance Plc APD LIMITED FIRE 53,308,813.46

20/05/2015

81 Ensure Insurance Plc ALFA SYSTEMS & COMMODITIES CO. LTD FIRE 30,812,473.54

23/02/2015

82 Ensure Insurance Plc ALFA SYSTEMS & COMMODITIES CO. LTD FIRE DAMAGE TO ASPHAIT PLANT 18,694,355.74

05-02-15

83 Ensure Insurance Plc DEZERN NIGERIA LIMITED FIRE 18,387,703.61

14/7/2015

84 Ensure Insurance Plc MMUOTOO JAMES. U FIRE 15,025,908.14

19/03/2015

85 Ensure Insurance Plc SILVERBIRD COMMUNICATIONS LIMITED FIRE 13,274,674.87

20-08-15

86 Ensure Insurance Plc SILVERBIRD GALLERIA LIMITED FIRE 4,470,385.24

10-08-15

87 Ensure Insurance Plc EMIC FOAM AND ALLIED INDU.LTD FIRE 4,288,624.26

28/05/2015

88 Ensure Insurance Plc ADDAX PET. DEV. NIG. LTD/RMB RES. LTD

FIRE INCIDENT IN SHORELINE,

CALABAR DAMAGING INSURED'S

EQUIPMENT3,715,283.33

04-07-15

89 Ensure Insurance Plc NIGERIA COLLEGE OF AVIATION TECHNOLOGY ZARIA STORM 51,478,631.35

15/7/2015

90 Ensure Insurance Plc BRITISH OIL & GAS EXPLORATION LIMITED FLOOD 22,561,574.96

03-06-15

91 Ensure Insurance Plc ASCO INVESTMENT LTD. FLOOD 3,493,768.13

22-10-15

92 Equity Assurance Ltd DANGOTE SUGAR PLC FIRE 40,534,800.45 12-11-15

93 Equity Assurance Ltd NIGERIAN NAT. PETROLEUM CORP. EXPLOSION 22,292,876.74 26-08-15

94 Equity Assurance Ltd ST PAUL'S CHURCH BREADFRUIT FIRE 26,188,964.48 20-02-15

95 Equity Assurance Ltd GREAT NIGERIA INSURANCE PLC FIRE 16,678,074.70 12-11-15

96 Equity Assurance Ltd KARINA INTERNATIONAL LIMITED FIRE 53,536,006.62 12-01-15

97 Equity Assurance Ltd NIGER DELTA POWER HOLDING COMPANY LTD FIRE 85,050,000.00 23-10-15

98 Equity Assurance Ltd OANDO GROUP DAMAGE TO JETTY 3,999,044.57 12-11-15

99 Equity Assurance Ltd PRINCELY COURT LTD/PROTEA HOTEL FLOOD 4,953,045.86 06-01-15

100 FBN Insurance Ltd Kris Oil Integrated Services Ltd FLood damage at Insured's Premises 4,665,212.13 28-04-15

FIRE

105


101 GREAT NIG. INS. PLC UNIVERSITY OF LAGOS FIRE 4,664,396.38 08-07-15

102 GREAT NIG. INS. PLC WEMA BANK PLC FIRE 47,401,923.00 31-08-15

103 GREAT NIG. INS. PLC GREAT NIGERIA INSURANCE PLC FIRE 49,659,880.33 18-09-15

104 Goldlink Insurance Plc DANGOTE SUGAR REFINERY PLC FIRE 5,000,000.00 05-10-15

105 Goldlink Insurance Plc DANGOTE SUGAR REFINERY PLC FIRE 5,000,000.00 05-10-15

106 Goldlink Insurance Plc CHI LIMITED FIRE 4,500,652.07 02-03-15

107 Goldlink Insurance Plc AVANTI INDUSTRIES LIMITED FIRE 6,899,381.63 16-10-15

108 Goldlink Insurance Plc AVANTI INDUSTRIES LIMITED FIRE 5,000,000.00 27-10-15

109 Goldlink Insurance Plc ZAKHEM CONSTRUCTION NIG

FIRE DAMAGE TO STACKED PIPES

AS A RESULT OF BUSH FIRE13,051,749.51 22-10-15

110 Goldlink Insurance Plc ZAKHEM CONSTRUCTION NIG BURNING OF WELDED PIPES 9,648,089.57 10-07-15

111 Guinea Insurance Plc ABEOKUTA COMMERCIAL AND INDUSTRIAL COMPANY LIMITED FIRE 20,845,674.19 25-06-15

112 Guinea Insurance Plc ADEKANBI SEKINAT TOPE THEFT 5,089,500.00 10-03-15

113 Guinea Insurance Plc E. EKESON BROS. NIG. LTD/KEYSTONE BANK DAMAGE 5,265,000.00 17-08-15

114 Guinea Insurance Plc MEMOSE INTERNATIONAL LIMITED/DIAMOND BANK DAMAGE 4,702,500.00 07-08-15

115 Guinea Insurance Plc ODO EMEKA ANTHONY DAMAGE 4,860,000.00 14-05-15

116 International Energy Ins. Plc PROTEA HOTEL IKEJA FIRE 24,520,844.50 30-01-15

117 International Energy Ins. Plc NOVACHEM NIGERIA LIMITED FIRE 18,277,119.42 20-03-15

118 International Energy Ins. Plc CHI LIMITED FIRE 4,545,189.24 12-03-15

119 International Energy Ins. Plc DANGOTE GROUP FIRE 24,398,509.89 09-07-15

120 International Energy Ins. Plc BROAD & BRISK VENTURES FIRE 4,087,583.45 05-08-15

121 International Energy Ins. Plc DANGOTE GROUP FIRE 3,557,731.59 07-08-15

122 International Energy Ins. Plc AVANTI INDUSTRIES LIMITED BUSINESS INTERRUPTION 12,127,120.61 16-10-15

123 International Energy Ins. Plc DAILY-NEED INDUSTRIES LIMITED/SUBSIDARIES FIRE 5,048,810.68 10-12-15

124 International Energy Ins. Plc AGARY PHARMACEUTICALS LIMITED FLOOD 23,109,908.50 17-12-15

125 Industrial and General Ins. Plc AGRIC SERVICES TRAINING CENTRE FIRE 5,054,400.00 01-07-15

126 KBL Insurance Limited BANRUT ROLLS NIG LTD

STORM DAMAGE TO BANRUT

ROLLS NIG.LTD FACTORY

BUILDING AND EQUIPMENTS63,321,459.04 19-05-15

127 KBL Insurance Limited NKRAH MARINE NIGER DELTA LUNG 124,747,500.00 13-10-15

128 KBL Insurance Limited NIGER DELTA POWER HOLDINGS CO

FIRE OUTBREAK AT THE

INSURED'S SAPELE POWER PLANT22,045,955.91 23-06-15

129 KBL Insurance Limited NNPC/TOTAL

FLOODING OF OML 58 OBAJI FLOW

STATION, RIVER STATE6,516,863.01 02-11-15

130 KBL Insurance Limited LELA AGRO INDUSTRY LIMITED

FIRE DAMAGE TO BACK UP

BATTERIES5,956,053.81 30-09-15

132 Leadway Assurance Co. Ltd Tower Aluminium Nigeria Plc

BUSINESS INTERRUPTION OF

TOWER ALUMINIUM NIG. PLC AS A

RESULT FIRE DAMAGE TO THE

INSURED'S FACTORY

382,478,940.00 09-09-15

133 Leadway Assurance Co. Ltd Tower Aluminium Nigeria Plc FIRE 200,000,000.00 16-03-15

134 Leadway Assurance Co. Ltd Iron Products Industries Limited fire 48,480,224.15 23-07-15

135 Leadway Assurance Co. Ltd Great Nigeria Insurance Plc FIRE 47,770,790.40 28-08-15


137 Leadway Assurance Co. Ltd OANDO APAPA SPM DAMAGE TO OANDO JETTY 39,528,163.86 20-04-15

138 Leadway Assurance Co. Ltd BETA GLASS PLC (DELTA PLANT) FIRE 24,000,000.00 10-08-15

139 Leadway Assurance Co. Ltd M. C. Plastics Limited FIRE 12,957,792.64 05-10-15

140 Leadway Assurance Co. Ltd Lela Agro Industries Company Limited FIRE 11,912,107.61 14-09-15


142 Leadway Assurance Co. Ltd Celestial Properties Limited

COLLASPE OF THE INSURED'S

COLD ROOM 10,000,000.00 09-06-15

143 Leadway Assurance Co. Ltd Mansel Commercial Services Limited FIRE 8,522,281.11 25-08-15

144 Leadway Assurance Co. Ltd Flour Mills Of Nigeria Plc FIRE 8,170,713.73 13-04-15

145 Leadway Assurance Co. Ltd Architectural Foam Products Company FIRE 8,096,290.71 19-10-15

146 Leadway Assurance Co. Ltd Chi Farms Limited FIRE 7,067,692.17 25-08-15

147 Leadway Assurance Co. Ltd Ms & Sons Limited RAIN DAMAGE TO VEHICLES 6,758,499.68 10-07-15

148 Leadway Assurance Co. Ltd Tower Aluminium Nigeria Plc

BUSINESS INTERRUPTION OF

TOWER ALUMINIUM NIG. PLC AS A

RESULT FIRE DAMAGE TO THE

INSURED'S FACTORY

6,176,582.91 13-10-15

149 Leadway Assurance Co. Ltd MOOBAG PROPERTIES COMPANY LIMITED FIRE 5,739,709.82 16-06-15

150 Leadway Assurance Co. Ltd Cement Company Of Northern Nigeria FIRE 5,685,309.33 30-06-15

FIRE


106


151 Leadway Assurance Co. Ltd EMERGING MARKET TELECOM. SERVICES LIMITED FIRE ? 5,111,959.04 08-06-15

152 Leadway Assurance Co. Ltd Grange School THUNDER/LIGHTNING ? 4,806,032.12 24-06-15

153 Leadway Assurance Co. Ltd EMERGING MARKET TELECOM. SERVICES LIMITED FIRE ? 4,550,725.77 20-08-15

154 Leadway Assurance Co. Ltd Atlantic Hall Educational Trust Council LIGHTNING ? 4,371,395.35 02-12-15

155 Leadway Assurance Co. Ltd INTEGRATED DAIRIES LIMITED FIRE ? 4,353,960.10 09-09-15

156 Leadway Assurance Co. Ltd Mr C N Wambebe FIRE ? 4,294,900.00 26-02-15

157 Leadway Assurance Co. Ltd The Okomu Oil Palm Company Plc FIRE ? 4,214,119.76 09-07-15

158 Leadway Assurance Co. Ltd Bells University Of Technology

FIRE INCIDENT INVOLVING

1000KVA GENERATING SET AND

GENERATOR HOUSE?

4,158,122.40 01-09-15

159 Leadway Assurance Co. Ltd Lafarge Cement Wapco Nig Plc & Ashakacem Plc fire damage to conveyor system ? 3,631,705.62 07-05-15

160 Leadway Assurance Co. Ltd Ess-ay Holdings Limited FIRE ? 3,814,234.27 10-06-15

161 Leadway Assurance Co. Ltd Unilever Nigeria Plc BURGLARY ? 3,641,895.95 11-03-15

162 Leadway Assurance Co. Ltd Mtn Nigeria Communications Limited MISSING BATTERIES ? 16,436,242.08 22-06-15

163 Leadway Assurance Co. Ltd DENCO DRUGS COMPANY NIGERIA LIMITED BURGLARY ? 6,371,624.85 21-01-15

164 Leadway Assurance Co. Ltd EMERGING MARKET TELECOM. SERVICES LIMITED FIRE OUTBREAK ? 12,525,409.77 08-06-15

165 Linkage Assurance Ltd JAFA FOAM FIRE OUTBREAK 51,521,364.21 22-10-15

166 Linkage Assurance Ltd HENRY & HENRY LIMITED FIRE OUTBREAK 49,347,164.08 14-08-15

167 Linkage Assurance Ltd FUNKY STORES NIGERIA LTD FIRE OUTBREAK 24,333,880.60 21-05-15

168 Linkage Assurance Ltd JHOEPET COSMETICS IND. LTD FIRE OUTBREAK 14,870,379.52

07-12-15

169 Linkage Assurance Ltd LELA AGRO INDUSTRIES LIMITED FIRE DAMAGE 12,071,194.20

09-10-15

170 Linkage Assurance Ltd OK FOODS LIMITED STORM DAMAGE 10,416,887.65 24-01-15

171 Linkage Assurance Ltd BANRUT ROLLS NIG.LTD STORM DAMAGE 9,615,218.86 08-07-15

172 Linkage Assurance Ltd AHMADU BELLO UNIVERSITY, ZARIA FIRE OUTBREAK 5,370,720.85 22-06-15

173 Linkage Assurance Ltd ASCO INVESTMENT LTD FLOOD DAMAGE 5,233,004.00 13-11-15

174 Linkage Assurance Ltd LELA AGRO INDUSTRIES LIMITED FIRE OUTBREAK 4,796,903.11 02-03-15




178 Mutual Benefits Assurance Plc DANGOTE SUGAR REFINERY PLC. FIRE 22,000,000.00 02-02-15

179 Mutual Benefits Assurance Plc NIGERIAN NATIONAL PETROLEUM ACCIDENTAL DAMAGE 3,844,700.00 19-02-15

180 Mutual Benefits Assurance PlcCAROSTORES ENTERPRISES LIMITED FIRE INCIDENT AT THE FIRE

INSURED PREMISES8,690,625.00 21-04-15

181 Mutual Benefits Assurance Plc MTN GROUP LIMITED FLOOD DAMAGE 3,952,320.00 30-04-15

182 Mutual Benefits Assurance Plc OANDO PLC ACCIDENTAL DAMAGE 15,811,265.54 30-04-15

183 Mutual Benefits Assurance Plc SOMOTEX GROUP OF COMPANY FIRE 7,724,859.50 17-08-15

184 Mutual Benefits Assurance Plc NEPAL OIL & GAS SERVICES LIMITED FIRE 10,265,000.00 20-08-15

185 Mutual Benefits Assurance Plc PORTS AND CARGO HANDLING FIRE 6,531,242.73 11-11-15

186 Mutual Benefits Assurance Plc MDS LOGISTICS PLC. FIRE 17,423,412.95 17-11-15

187 Mutual Benefits Assurance Plc SCHNEIDER ELECTRIC NIGERIA ACCIDENTAL DAMAGE 10,397,378.81 20-11-15

188 Mutual Benefits Assurance Plc AIRTEL NETWORKS LIMITED ACCIDENTAL DAMAGE 14,581,800.00 20-11-15

189 Mutual Benefits Assurance Plc SAIMA NIGERIA LIMITED. ACCIDENTAL DAMAGE 3,582,557.23 26-11-15

190 Mutual Benefits Assurance Plc STANBIC IBTC PENSION MANAGERS VANDALIZATION 3,800,160.00 08-12-15

191 Mutual Benefits Assurance Plc TOPCROWN PETROLEUM LIMITED/ FIRE 3,766,524.30 08-12-15

192 Mutual Benefits Assurance Plc THE BRIDGE NETWORK. FIRE 3,758,815.50 11-12-15

193 Mutual Benefits Assurance Plc ROM OIL LIMITED ACCIDENTAL DAMAGE 4,522,920.46 23-12-15

194 Mutual Benefits Assurance Plc STERLING BANK PLC/CANDID TRUST FIRE 6,261,439.50 31-12-15

195 NSIA Insurance Co. Ltd DIAMOND BANK PLC Fire 3,698,892.00 20-03-15

196 NSIA Insurance Co. Ltd DEPEKU AND SONS ENTERPRISE Fire 3,738,870.00 13-05-15

197 NSIA Insurance Co. Ltd MCKAY MULTI TRADE LINKS LIMITED Fire 4,288,050.00 03-03-15

198 NSIA Insurance Co. Ltd LELA AGRO INDUSTRIES LIMITED Fire 4,363,874.61 13-10-15

199 NSIA Insurance Co. Ltd ROLIC VENTURES LIMITED Fire 4,500,000.00 05-02-15

200 NSIA Insurance Co. Ltd DE GREAT NEWMAN GOLD NIGERIA LIMITED Fire 4,500,000.00 17-02-15


FIRE

107


201 NSIA Insurance Co. Ltd PERFECT GIFT WEARS Fire 4,800,000.00 30-10-15

202 NSIA Insurance Co. Ltd DIAMOND BANK PLC Fire 5,421,032.68 26-08-15

203 NSIA Insurance Co. Ltd FATIMO YUSSUF(KISAL YUSSUF NIGERIA LIMITED) Fire 6,943,409.38 11-03-15

204 NSIA Insurance Co. Ltd A T ABBEY NIGERIA ENTERPRISES Fire 6,943,409.38 11-03-15

205 NSIA Insurance Co. Ltd OBECO GLOBAL RESOURCES LTD Fire 7,474,464.86 21-12-15

206 NSIA Insurance Co. Ltd KA SANDA INTEGRATED NIGERIA COMPANY Fire 9,221,562.50 11-03-15

207 NSIA Insurance Co. Ltd PERFECT GIFT WEARS ENTERPRISES Fire 15,289,155.00 05-02-15

208 NSIA Insurance Co. Ltd TEMPOGATE OIL & ENERGY LTD Fire 15,606,305.70 09-06-15

209 NSIA Insurance Co. Ltd SMILE RISE CONT. INDUSTRIES LTD Fire 19,134,176.69 10-12-15

210 NSIA Insurance Co. Ltd LINKSMAN ESTATE SERVICES LIMITED Fire 22,396,287.46 31-07-15

211 NSIA Insurance Co. Ltd INNOSON TECHNICAL & INDUSTRIAL CO. LTD Fire 34,527,349.13 31-07-15

212 NSIA Insurance Co. Ltd ADP LIMITED Fire 53,056,900.93 12-06-15

213 NSIA Insurance Co. Ltd NIGERIAN NATIONAL PETROLEUM CORP., SUBSIDIARIES FIRE 4,950,114.51 20-01-15

214 Standard Alliance Ins. Plc

KARINA INTERNATIONAL LTD

FIRE INCIDENT AT THE INSURED'S

PREMISES PLOT 5, BLOCK K ISOLO

INDUSTRIAL EST

33,790,113.90

19-01-15


KARINA INTERNATIONAL LIMITED

FIRE INCIDENT @ THE INSURED'S

PREMISES PT 5,BLK K ISOLO

INDUSTRIAL ESTATE APAPA

30,000,000.00

28-04-15

216 Standard Alliance Ins. PlcDANGOTE SUGAR REFINERY PLC

FIRE INCIDENT( FRANSFER OF

FUND TO ECO BANK)26,718,751.45

20-02-15

217 Standard Alliance Ins. PlcST PAULS CHURCH BREDFRUIT DEV.

FIRE INCIDENT AT 2 DAVIES STR

LAGOS 25,802,088.88

03-04-15

218 Standard Alliance Ins. PlcDANGOTE SUGAR REFINERY PLC

FIRE INCIDENT( FRANSFER OF

FUND TO ECO BANK)15,000,000.00

02-04-14

219 Standard Alliance Ins. PlcNIGER DELTA POWER HOLDING COMPANY LTD

FIRE OUTBREAK AT SAPELE

POWER PLANT GT 1 @1979,850,000.00

06-10-15

220 Standard Alliance Ins. PlcFLOUR MILLS OF NIG & ASS.CO

FIRE INCIDENT AT THE COOLING

TOWER OF GOLDEN SUGAR9,234,132.10

16-01-15

221 Standard Alliance Ins. PlcFLOUR MILLS GROUP

FIRE DAMAGE TO ELECTRICAL

PANELS D & G MILSS8,170,713.73

09-06-15


MEGASTAR TECHNICAL & CONSTRUCTION

FIRE INCIDENT AT MEGASTAR

TECHNICAL AT IBOM TROPICANA

OPP FED HIGH COURT UDO

6,446,073.76

20-05-15

223 Standard Alliance Ins. PlcFLOUR MILLS OF NIG & ASS.CO

RAINSTORM DAMAGE AT

INSURED'S VARIOUS LOCATIONS6,426,292.26

16-01-15

224 Standard Alliance Ins. Plc ARTEE INDUSTRIES LIMITED & ASSOCIATE FIRE INCIDENT 5,000,000.00 17-04-15

225 Standard Alliance Ins. Plc HOMAN INDUSTRIES LTD INJURY TO GODWIN STEPHEN 3,687,793.30 08-09-15

226 Saham Unitrust Insurance Ltd TOWER ALUMINIUM NIG.PLC

FIRE INCIDENT AT ALUMINIUM

ROLLING MILL OTA60,000,000.00 16-03-15

227 Saham Unitrust Insurance Ltd LEVANT CONSTRUCTION LTD

HEAVY RAIN & FLOOD DAMAGES

AT LEVANT/SETRACO UPPER

MISSION ROAD PROJECT

15,145,527.00 09-06-15

228 Saham Unitrust Insurance Ltd AFRICAN TRUCKERS LTD. FIRE DAMAGE TO GOODS 13,500,000.00 24-06-15

229 Saham Unitrust Insurance Ltd TOWER ALUMINIUM NIG.PLC

FIRE INCIDENT AT ALUMINIUM

ROLLING MILL OTA12,841,000.04 07-05-15

230 Saham Unitrust Insurance Ltd HEALTH PRODUCTS & FARMS

FLOOD DAMAGE AT THE

INSURED'S PREMISES10,904,207.20 20-02-15

231 Saham Unitrust Insurance Ltd BLACK HORSE PLASTICS IND LTD. FIRE DAMAGE TO GENERATOR 9,826,422.86 13-01-15

232 Saham Unitrust Insurance Ltd TOTAL E & P NIG.(CPFA) LTD.

FLOODING OF OML 58 OBAGI BASE

FLOW STATION AND OFFICES8,618,607.90 22-10-15

233 Saham Unitrust Insurance Ltd HOTEL PRESIDENTIAL LTD.

FIRE/EXPLOSION AT THE

TRANSFORMER HOTEL

PRESIDENTIAL PHCN7,575,000.00 24-02-15

234 Saham Unitrust Insurance Ltd HITECH CONST.CO. LIMITED

FIRE DAMAGE TO PERKINS

GENERATOR PLANT 350 KVA ( GNH

75 ) AT PAN AFRICAN, LEKKI,

LAGOS

5,130,000.00 24-11-15

235 Saham Unitrust Insurance Ltd DELIFROST CATERERS NIG. LTD.

FIRE DAMAGE TO MERCEDES

BENZ 814 WITH REG. NO: FST 387

XM3,685,500.00 11-09-15

236 Sovereign Trust Insurance Plc Monica Integrated Global Ind. Ltd Fire Incident 13,785,627.50

01-01-15

237 Sovereign Trust Insurance Plc Julius Berger Nigeria Plc/Standard flood 5,499,199.86

01-02-15

238 Sovereign Trust Insurance Plc Jully & Partners Ins.Brokers Fire 10,425,834.59

01-03-15

239 Sovereign Trust Insurance Plc MEGA INVESTMENT LIMITED Fire 9,737,659.94 01-04-15

240 Sovereign Trust Insurance Plc Lela Agro Ltd Fire 4,688,458.40 01-05-15

241 Sovereign Trust Insurance Plc Femi & Sandra Solebo Fire 7,076,560.00 01-05-15

242 Sovereign Trust Insurance Plc Phinomar Nigeria Limited/First Bank Plc Fire 112,279,601.62 01-05-15

243 Sovereign Trust Insurance Plc Dantata & Sowoe Flood 6,721,959.80 01-06-15

244 Sovereign Trust Insurance Plc G U Okeke & Sons Limited Fire 10,773,000.00 01-06-15




248 Sovereign Trust Insurance Plc Royal Salt Ltd/City loss Fire 3,487,083.77 01-07-15

249 Sovereign Trust Insurance Plc Omowood Industry Limited Fire 4,073,670.00 01-07-15

250 Sovereign Trust Insurance Plc Quilox Restaurant Fire 5,987,231.10 01-07-15


FIRE

108


251 Sovereign Trust Insurance Plc NECONDE ENERGY LTD FIRE 6,568,076.00 01-07-15

252 Sovereign Trust Insurance Plc Mtn Communications Fire 7,266,494.21 01-07-15

253 Sovereign Trust Insurance Plc Del Waste Management/Fola Engineering Fire 8,250,869.90 01-07-15

254 Sovereign Trust Insurance Plc Strickland Services Limited/Charof Fire 30,000,000.00

01-07-15

255 Sovereign Trust Insurance Plc Heritage Mall Fire 32,346,864.28

01-08-15

256 Sovereign Trust Insurance Plc Bourbon Interoil Fire 4,891,292.58

01-09-15

257 Sovereign Trust Insurance Plc Evans Therapeutics Limited/Midex Fire 4,978,309.55

01-09-15

258 Sovereign Trust Insurance Plc Innoson Technical Fire 10,197,582.00

01-09-15

259 Sovereign Trust Insurance Plc Architectural Products Fire 4,048,145.35

01-11-15

260 Sovereign Trust Insurance Plc MTN COMMUNICATIONS NIGERIA LTD Fire 7,427,182.70

01-11-15

261 Sovereign Trust Insurance Plc MDS Logistics Plc Fire 11,615,608.63

01-11-15

262 STACO Insurance PlcCMS PROPERTIES LTD/LOVEWORLD CONVOCATION

ARENA

FIRE DAMAGE TO GENERATOR103,710,795.69

13-11-15

263 STACO Insurance Plc KARINA INTERNATIONAL LIMITED. FIRE 27,828,805.27

23-01-15

264 STACO Insurance Plc DANGOTE SUGAR REFINERY PLC. FIRE 25,780,585.62

05-05-15

265 STACO Insurance Plc DANGOTE SUGAR REFINERY PLC. FIRE 25,780,585.62

05-05-15

266 STACO Insurance Plc NIGER DELTA POWER HOLDING CO. LTD. FIRE 24,247,594.80

10-07-15

267 STACO Insurance Plc Jafa Foam Product FIRE 23,385,713.24

24-04-15

268 STACO Insurance Plc ST. PAUL'S CHURCH BREADFRUIT DEV. CO. LTD. FIRE 21,835,452.02

21-05-15

269 STACO Insurance Plc DANGOTE SUGAR REFINERY PLC. BUS. INTERRUPTION 16,186,179.12

06-05-15

270 STACO Insurance Plc DAILY-NEED INDUSTRIES LIMITED FIRE INCIDENT 13,463,495.14

13-11-15

271 STACO Insurance Plc CITCC NIG. LTD/MTN COM. NIG. LTD/ SUBC FIRE INCIDENT 12,434,031.15

19-06-15

272 STACO Insurance Plc AVANTI INDUSTRIES LIMITED FIRE INCIDENT 12,176,731.84 06-10-15

273 STACO Insurance Plc SARO AGRO SCIENCE LTD. FIRE INCIDENT 11,714,146.43 03-07-15

274 STACO Insurance Plc KRIS OIL INTEGRATED SERVICES LIMITED FLOOD DAMAGE 10,824,825.08 08-06-15

275 STACO Insurance Plc CHARTERED INSTITUTE OF BANKERS OF NIGERIA FIRE DAMAGE 10,598,972.68 08-06-15

276 STACO Insurance Plc GEOLIZ PETROLEUM LIMITED FIRE INCIDENT 9,091,837.00 15-10-15

277 STACO Insurance Plc FLOUR MILLS OF NIGERIA PLC FIRE INCIDENT 8,315,185.60 24-04-15

278 STACO Insurance Plc MTN NIGERIA COMMUNICATION LTD. MISSING BATTRIES 8,279,114.07

06-07-15

279 STACO Insurance Plc BIMTOS & SONS VENTURES FIRE 8,223,833.00

13-08-15

280 STACO Insurance Plc INNOVATION ERA NIGERIA LIMITED FIRE INCIDENT 6,303,885.97

06-11-15

281 STACO Insurance Plc NIGERIA DISTILLERIES LIMITED OGUN STATE. BUS. INTERRUPTION 6,078,015.48

14-05-15

282 STACO Insurance Plc OK FOODS LIMITED STORM / FLOOD DAMAGE 5,208,443.83

16-01-15

283 STACO Insurance Plc MTN NIGERIA COMMUNICATION LTD. FIRE INCIDENT 4,951,455.13

02-10-15

284 STACO Insurance Plc SAIMA NIGERIA LIMITED DAMAGE TO LACATELLI CRANE 4,931,654.84

03-12-15

285 STACO Insurance Plc MTN NIGERIA COMMUNICATION LTD. FIRE 4,844,329.47

05-08-15

286 STACO Insurance Plc GALAXY BACKBONE PLC FIRE INCIDENT 4,702,648.64

03-03-15

287 STACO Insurance Plc NIGERIAN BREWERIES PLC. CABLE DAMAGE 4,618,017.30

10-02-15

288 STACO Insurance Plc ROM OIL LIMITED DAMAGE TO STEAM BOILER 4,615,047.77

29-12-15

289 STACO Insurance Plc CHI LIMITED AND ASSOCIATES FIRE INCIDENT 4,592,938.30

27-03-15

290 STACO Insurance Plc OMNIK LIMITED & ASSOCIATED COMPANIES FIRE INCIDENT 4,405,172.66

05-01-15

291 STACO Insurance Plc FRIJAY CONSULT LTD FIRE INCIDENT 4,148,900.52

06-05-15

292 STACO Insurance Plc ARCHITECTURAL PRODUCTS LIMITED FIRE INCIDENT 4,127,937.35

24-11-15

293 STACO Insurance Plc ROFIMA NIGERIA LIMITED EXGRATIA SETTLEMENT 4,000,000.00

10-03-15

294 STACO Insurance Plc TIN-CAN ISLAND CONTAINER TERMINAL LTD. ACCIDENTAL DAMAGE 3,954,239.56

02-07-15

295 STACO Insurance Plc LOMBARDY PLASTICS NIGERIA LIMITED BURGLARY 3,650,847.51

13-11-15

296 STACO Insurance Plc ROYAL SALT LIMITED & ASSOCIATES FIRE 3,574,128.77

06-07-15

297 STACO Insurance Plc IBAFON OIL FZE FRAUDULENT ACT 3,567,322.26

13-11-15

298 STACO Insurance PlcSARO AGROSCIENCES LTD./SARO AGRO ALLIED CO. & SARO

LIFE CARE LTD.

LOSS GOOD VALUED AT 10M

WHILST 3,522,944.81

14-07-15

299 Sterling Ass. Nigeria Limited UNIVERSITY OF LAGOS FIRE 3,901,734.34 01-04-15

300 Sterling Ass. Nigeria LimitedSARO AGROSCIENCES LTD/SARO AGRO ALLIED CO. & SARO

LIFE CARE LTD

FIRE4,677,231.48 01-06-15


FIRE

109


301 Sterling Ass. Nigeria Limited MTN NIGERIA COMMUNICATIONS LTD MISSING BATTERIES 4,139,557.03 01-06-15

302 Sterling Ass. Nigeria Limited THE LAGOS CHAMBER OF COMMERCE & INDUSTRY FIRE 4,235,734.00 01-09-15

303 Sterling Ass. Nigeria Limited LANRE SHITTU MOTORS FIRE 4,085,430.29 01-09-15

304 Sterling Ass. Nigeria Limited GREAT NIGERIA INSURANCE PLC FIRE 16,557,493.91 01-09-15

305 Sterling Ass. Nigeria LimitedPORTS AND CARGO HANDLING SERVICES LTD / SIFAX

OFFDOCK/NPA

FIRE 9,796,864.10 01-11-15

306 Sterling Ass. Nigeria Limited DAILY - NEED INDUSTRIES LIMITED FIRE 6,809,727.17 01-11-15

307 Sterling Ass. Nigeria Limited NIGERIA POSTAL SERVICES (NIPOST) FIRE 4,995,914.12 02-11-15

308 Sterling Ass. Nigeria LimitedLOVEWORLD CONVOCATION ARENA/CMS PROPERTIES

LTD.

FIRE 20,363,949.76 03-11-15

309 Sterling Ass. Nigeria Limited SALASAR NIGERIA LIMITED FIRE 4,778,782.92 04-11-15

310 Sterling Ass. Nigeria Limited ROM OIL LIMITED DAMAGE TO STEAM BOILER 9,211,670.07 01-12-15

311 Sterling Ass. Nigeria Limited

SAIMA NIGERIA LIMITED ACCIDENTAL DAMAGE TO

LOCATELLI CRANE AND 3RD

PARTY PROP.9,832,327.29 02-12-15

312 Universal Insurance Plc UNITY BANK PLC/YAMMFY FARM NIG LTD STORM DAMAGE 25,954,245.50 29-09-15

313 Wapic Insurance Plc LAPO MICROFINANCE BANK LTD. Fire 4,740,000.00

01-06-15

314 Wapic Insurance Plc SOM OTEX NIGERIA LIMITED Fire Damage 4,598,725.25

26-11-14

315 Wapic Insurance Plc LAPO MICROFINANCE BANK LTD. Fire 4,220,000.00

01-07-15

316 Zenith Gen. Ins. Company Ltd. HONEYWELL FLOUR MILLS PLC FIRE INCIDENT 4,636,714.32

01-01-15

317 Zenith Gen. Ins. Company Ltd. NIGERIAN NATIONAL PETROLEUM CORPORATION DAMAGE TO COMPUTERS 4,950,114.51

01-01-15

318 Zenith Gen. Ins. Company Ltd. VISAFONE COMMUNICATIONS LTD FIRE 9,549,874.08

01-02-15

319 Zenith Gen. Ins. Company Ltd. APD LIMITED FIRE DAMAGE 26,250,000.00

01-02-15

320 Zenith Gen. Ins. Company Ltd. JULIUS BERGER NIGERIA PLC DAMAGE TO JBN TOWER 4,971,429.71

01-04-15

321 Zenith Gen. Ins. Company Ltd. OANDO PLC (APAPA SPM LIMITED) DAMAGE TO OANDO JETTY 10,076,835.55

01-04-15

322 Zenith Gen. Ins. Company Ltd. FOUANI NIGERIA LIMITED MISSING LORRY 3,724,267.62

01-05-15

323 Zenith Gen. Ins. Company Ltd. VISAFONE COMMUNICATIONS LIMITED COLLAPSED TOWER 8,161,386.12

01-05-15

324 Zenith Gen. Ins. Company Ltd. APD LIMITED FIRE DAMAGE 13,084,493.64

01-05-15

325 Zenith Gen. Ins. Company Ltd. ZAN COSMETICS INDUSTRIES LIMITED LOSS OF TALLOW OIL 18,748,995.89 01-05-15

326 Zenith Gen. Ins. Company Ltd. ROYAL SALT LIMITED FIRE 3,568,695.84 01-06-15

327 Zenith Gen. Ins. Company Ltd. BUNBURY LIMITED FIRE 3,769,068.04 01-06-15

328 Zenith Gen. Ins. Company Ltd. MTN NIGERIA COMMUNICATIONS LTD MISSING BATTERIES 4,139,557.03 01-06-15

329 Zenith Gen. Ins. Company Ltd. EMTS/ETISALAT NIGERIA LIMITED FIRE 5,074,169.27 01-06-15

330 Zenith Gen. Ins. Company Ltd. TINCAN ISLAND CONTAINER LTD ACCIDENTAL DAMAGE 5,725,312.50

01-06-15

331 Zenith Gen. Ins. Company Ltd. BANRUT ROLLS NIGERIA LIMITED STORM 6,410,145.90

01-06-15

332 Zenith Gen. Ins. Company Ltd. LUBESERVE ENGINEERING LIMITED THEFT 6,223,613.53

01-07-15

333 Zenith Gen. Ins. Company Ltd. PRISM STEELS MILLS LIMITED ROOF & MACHINERY DAMAGE 8,919,931.98

01-08-15

334 Zenith Gen. Ins. Company Ltd. SILVERBIRD COMMUNICATIONS LIMITED FIRE 15,299,508.75

01-08-15

335 Zenith Gen. Ins. Company Ltd. DANGOTE CEMENT PLC (OBAJANA PLC) FIRE 8,615,092.72

01-09-15

336 Zenith Gen. Ins. Company Ltd. AVANTI INDUSTRIES LIMITED FIRE 16,209,216.48

01-09-15

337 Zenith Gen. Ins. Company Ltd. ASCO INVESTMENT LIMITED FLOOD 5,232,515.14

01-10-15

338 Zenith Gen. Ins. Company Ltd. SUNRISE PRODUCTS LIMITED

BREAKDOWN OF CATERPILLAR

GENERATING SET 4,387,626.59

01-11-15

339 Zenith Gen. Ins. Company Ltd. JULIUS BERGER NIGERIA PLC FIRE 5,219,803.60

01-11-15

340 Zenith Gen. Ins. Company Ltd. MDS LOGISTICS PLC FIRE 11,781,076.60

01-11-15

341 Zenith Gen. Ins. Company Ltd. FOUANI NIGERIA LIMITED DAMAGE TO INSUREDS GOODS 12,530,330.47

01-11-15

342 Zenith Gen. Ins. Company Ltd. VISAFONE COMMUNICATIONS LIMITED FIRE 3,558,257.50

01-12-15

343 AIICO Insurance Plc CENTRE FOR INTERGRATED HEALTH PROGRAMME FIRE 3,792,705.57 05-05-15

344 AIICO Insurance Plc ARCHITECTURAL PRODUCTS CO. LIMITED FIRE 4,127,937.25 30/10/2015

345 AIICO Insurance Plc ARCHITECTURAL PRODUCTS CO. LIMITED CONSEQUENTIAL LOSS F 4,127,937.25 11-12-15

346 AIICO Insurance Plc SEVEN UP BOTTLING CO. PLC FLOOD 4,255,215.87 29/01/2015

347 AIICO Insurance Plc NETCOM AFRICA LIMITED FIRE 5,456,041.50 16/10/2015

348 AIICO Insurance Plc ASHAKA CEMENT PLC BREAKDWON OF GENERATOR 6,051,054.00 15/01/2015

349 AIICO Insurance Plc CHI LIMITED FIRE 6,101,326.95 03-06-15

350 AIICO Insurance Plc DETOPLINK NIG. LTD FIRE 6,495,158.64 12-08-15


FIRE

110


351 AIICO Insurance PlcPURE FLOUR MILLS LIMITED INCIDENT DAMAGE TO FACTORY

& WAREHOUSE ROOF

6,648,431.00 13/01/2015

352 AIICO Insurance Plc DANGOTE SUGAR REFINERIES PLC FIRE 8,617,499.04 09-01-15

353 AIICO Insurance PlcASHWINI MEDICAL COLLEGE HOSP./ NECO INS LTD DAMAGE DUE TO DEVASTING

EARTHQUAKE

9,162,670.99 29/10/2015

354 AIICO Insurance Plc MTN COMMUNICATIONS NIG. LTD & OTHERS FIRE 9,902,910.26 26/10/2015

355 AIICO Insurance Plc MTN COMMUNICATIONS NIG. LTD & OTHERS FIRE 9,941,843.22 07-02-15


BIODUN SHOBANJO DAMAGE TO INSURED'S BUILDING

FOLLOWING CONSTRUCTION

WORK

10,000,000.00 19/06/2015

357 AIICO Insurance Plc SEVEN UP BOTTLING CO. PLC FLOOD 10,027,857.00 25/11/2015

358 AIICO Insurance Plc AVANTI INDUSTRIES LIMITED FIRE 16,235,642.44 22/09/2015

359 AIICO Insurance Plc TOWER ALUMINIUM NIGERIA PLC FIRE 17,121,333.29 23/06/2015

360 AIICO Insurance Plc EMERGING MARKETS TELECOM. SERVICES LTD FIRE 18,202,903.06 21/08/2015

361 AIICO Insurance PlcASHWINI MEDICAL COLLEGE HOSP./ NECO INS LTD DAMAGE DUE TO DEVASTING

EARTHQUAKE

18,240,125.28 24/12/2015


363 AIICO Insurance Plc SACLUX INDUSTRIES NIGERIA LIMITED FIRE 20,821,324.00 21/10/2015

364 AIICO Insurance Plc APD LIMITED FIRE 22,010,739.40 19/05/2015

365 AIICO Insurance Plc BETA GLASS PLC (DELTA PLANT) FIRE 24,000,000.00 18/08/2015

366 AIICO Insurance PlcSCHNEIDER ELECTRIC NIG. LTD/INVENSYS SYSTEMS NIG.

LTD

DAMAGE TO 15MVA

TRANSFORMER

24,750,676.44 19/11/2015

367 AIICO Insurance Plc SACLUX INDUSTRIES NIGERIA LIMITED FIRE 33,365,349.29 01-07-15

368 AIICO Insurance Plc DUFIL PRIMA FOODS PLC RAIN DAMAGE 33,551,260.00 14/01/2015

369 AIICO Insurance Plc APD LIMITED FIRE 43,750,000.00 26/02/2015


371 AIICO Insurance Plc TOWER ALUMINIUM NIGERIA PLC FIRE 80,000,000.00 20/03/2015

372 AIICO Insurance Plc TOWER ALUMINIUM NIGERIA PLC BUSINESS INTERRUPTION 152,991,576.00 16/09/2015


FIRE

111

GENERAL ACCIDENT CLAIMS



1 Anchor Ins.Company Ltd MAJESTY HAULAGE LTD ACCIDENTAL DAMAGE 11,519,461.30 07-07-05

2 Anchor Ins.Company Ltd ADDAX PETROLEUM DEV. NIG. LTD DAMAGE 11,165,757.09

07-07-05

3 Axa Mansard Ins. Plc NOKIA LUMIA Breakage 4,605,609.00

25-05-15


24-06-15


30-07-15


27-08-15


15-09-15


18-11-15

9 Axa Mansard Ins. Plc ABDUL HUSSEIN GLOBAL LTD Theft 19,620,270.00

23-12-15

10 Axa Mansard Ins. Plc MEHDI GLOBAL SERVICES LIMITED Theft 13,890,350.00

04-03-15

11 Axa Mansard Ins. Plc STANBIC IBTC BANK PLC Armed Robbery 3,800,160.00

17-11-15

12 Axa Mansard Ins. Plc STANBIC IBTC BANK PLC Armed Robbery 3,996,779.40

06-07-15

13 Axa Mansard Ins. Plc DIAMOND BANK PLC Armed Robbery 6,503,143.50

05-05-15

14 Axa Mansard Ins. Plc IMPERIAL HOMES MORTGAGE BANK LTD

Misappropriation / Defalcation /

Embezzlement3,698,999.49

29-04-15

15 Axa Mansard Ins. Plc STANBIC IBTC BANK PLC



05-01-15

16 Axa Mansard Ins. Plc ADVANCE LINKS LOGISTICS SOL. LTD



17-03-15

17 Axa Mansard Ins. Plc ADS INVESTMENT LTD Damage to Goods 3,825,000.00

07-09-15

18 Axa Mansard Ins. Plc JARGHON MOHAMMED Theft 9,864,051.75

31-08-15

19 Axa Mansard Ins. Plc JARGHON MOHAMMED Theft 9,717,239.25

31-08-15

20 Axa Mansard Ins. Plc LIGHTWAVES LOGISTICS NIG. LIMITED Damage to Goods 4,140,000.00

23-03-15

21 Axa Mansard Ins. Plc BIZLINK/ CLASSIC MARINE SERV. LTD. Damage to Goods 5,501,768.89

23-11-15

22 Axa Mansard Ins. Plc HIGH TOWERS GLOBAL ALLIANCE COMP. Damage to Goods 7,866,267.31

29-06-15

23 Axa Mansard Ins. Plc LIZZTY AND CO NIG Death 4,039,000.00

28-10-15

24 Axa Mansard Ins. Plc K SILVA CONTINENTALS LIMITED VANDALISATION 4,035,080.00

19-05-15

25 Axa Mansard Ins. Plc GUARANTY TRUST BANK PLC Death 4,450,712.36

25-08-15

26 Axa Mansard Ins. Plc JULIUS BERGER NIGERIA PLC Injury 3,750,000.00

13-11-15

27 Axa Mansard Ins. Plc WAYNE ( WEST AFRICA ) LIMITED Injury 3,586,738.03

11-02-15

28 Custodian & Allied Ins. Ltd J. O. OGUNGBOLA & SONS LIMITED ARMED ROBBERY ATTACK 3,836,122.32 16-01-15

29 Custodian & Allied Ins. Ltd DIAMOND BANK PLC ARMED ROBBERY 3,716,082.00 24-03-15

30 Custodian & Allied Ins. Ltd WEST AFRICAN SEASONING CO. LTD DEATH OF MR. AYUBA TUMBA JAMES 3,798,422.40 14-04-15

31 Custodian & Allied Ins. Ltd ORIENTAL O & M SERVICES LIMITED INJURY TO BUNMI MAKANJUOLA 11,968,664.16 20-04-15

32 Custodian & Allied Ins. Ltd NEM INSURANCE PLC ACCIDENT 4,959,573.13 22-04-15

33 Custodian & Allied Ins. Ltd INDIGO DRILLING LIMITED DEATH OF ERISE CHUKWUMA 6,552,787.52 22-10-15

34 Custodian & Allied Ins. Ltd INDIGO DRILLING LIMITED DEATH OF ITA EKPENYONG 6,476,728.52 22-10-15

35 Custodian & Allied Ins. Ltd INDIGO DRILLING LIMITED DEATH OF CHRISTOPHER ABUA 3,719,321.98 22-10-15

36 Custodian & Allied Ins. Ltd INDIGO DRILLING LIMITED DEATH OF CHIDI UKWUNTA 5,661,837.63 22-10-15

37 Custodian & Allied Ins. Ltd CMA CGM DELMAS NIGERIA LIMITED INJURY TO OBI ONYEKA N/A 10,000,000.00 05-11-15

38 Custodian & Allied Ins. Ltd MTN COMMUNICATIONS NIG. LTD. COLLAPSED MAST AT OKWAGBE 6,568,404.47 12-01-15

39 Custodian & Allied Ins. Ltd NIG. AVIATION HANDLING COM. PLC. DAMAGE ENGINE 4,140,000.00 20-01-15

40 Custodian & Allied Ins. Ltd NIG. AVIATION HANDLING CO, PLC

DAMAGE TO AERO CONTRACTOR

AIRLINE24,752,550.40 31-01-15

41 Custodian & Allied Ins. Ltd ECOBANK NIGERIA PLC FRAUD 10,709,051.06 22-05-15

42 Custodian & Allied Ins. Ltd OCEANWINDS HOSPITALITY LIMITED PAYROLL FRAUD 3,548,810.70 16-07-15

43 Custodian & Allied Ins. Ltd LEAD SECURITY & INVESTMENT LTD FRAUD 4,180,000.00 19-08-15

44 Custodian & Allied Ins. Ltd ECOBANK NIGERIA PLC FRAUD 5,604,031.56 13-11-15

45 Custodian & Allied Ins. Ltd JULIUS BERGER PLC INJURY TO OKECHUKWU OKORO 4,786,175.10 15-05-15

46 Custodian & Allied Ins. Ltd JULIUS BERGER PLC INJURY TO MR. ALADEGBUYI IDOW 17,500,000.00 16-11-15

47 Custodian & Allied Ins. Ltd DAMCO LOGISTICS LIMITED ACCIDENTAL DAMAGE 6,400,000.00 12-10-15

48 ENSURE INS. PLC BILGA GLOBAL RESOURCES LTD ACCIDENT 10,132,912.50 20-11-15

49 ENSURE INS. PLC SETRACO NIGERIA LIMITED ACCIDENT 7,796,135.48 20-08-15

50 ENSURE INS. PLC AKWA IMO LIMITED ACCIDENT 7,697,500.00 15-07-15

112


51 ENSURE INS. PLC ALABI ABIODUN ACCIDENT 4,972,500.00 06-04-15

52 ENSURE INS. PLC NANA MOTORS/UBN PLC ACCIDENT 4,941,000.00 15-12-15

53 ENSURE INS. PLC NANA MOTORS/UBN PLC ACCIDENT 4,941,000.00 28/05/2015

54 ENSURE INS. PLC NANA MOTORS/UBN PLC ACCIDENT 4,417,000.00 13/7/2015

55 ENSURE INS. PLC SKYE LINE UNIVERSITY ACCIDENT 4,243,600.00 20-11-15

56 ENSURE INS. PLC

UNION BANK OF NIGERIA PLC/LAMBIC

TECHNICAL LIMITED ACCIDENT3,519,200.00 21-12-15

57 ENSURE INS. PLC NANA MOTORS/UBN PLC RTA ACCIDENT IRO 4,941,000.00 15/06/2015

58 Equity Assurance Ltd PHONES AND GADGETS LIMITED THEFT 4,698,212.98 12-11-15

59 Equity Assurance Ltd SKYE BANK PLC TEHFT 3,853,732.08 16-11-15

60 Equity Assurance Ltd GULFCOAST MARINE NIGERIA LIMITED DEATH 3,970,000.00 09-09-15

61 Equity Assurance Ltd OTEDEK INVESTMENT COMP. NIG. LTD LOSS OF GOODS 3,610,435.60 28-01-15

62 Equity Assurance Ltd SAIPEM CONTRACTING NIG. LTD. DEATH 9,905,068.80 09-06-15

63 FBN Insurance Ltd NAHCO Damage to Turbine Core Engine 5,243,004.40

30-01-15

64 FBN Insurance Ltd University Press Plc Robbery incident at Insured Zaria office 13,911,587.22

17-06-15

65 FBN Insurance Ltd Lorion Ventures Limited Damage to Goods in transit 4,099,405.97

08-07-15

66 FBN Insurance Ltd Ports & Cargo Handling Services Fire outbreak @ Sifax off Dock 6,642,178.19

05-11-15

67 GREAT NIG.INS. PLC WEMA BANK PLC

FRAUD PERPETRATED BY

FAJUYUGBE SEYE5,342,846.60

31-08-15

68 GREAT NIG.INS. PLC WEMA BANK PLC ARMED ROBBERY 5,557,144.85

31-08-15

69 GREAT NIG.INS. PLC NIGERIA POLICE FORCE

DISABILITY,INJURY AND DEATH TO

VARIOUS OFFICERS OF RANK & FILE 5,648,325.00 15-12-15

70 GREAT NIG.INS. PLC WEMA BANK PLC

CASH SHORTAGE IN

INTERNATIONAL OPERATION 5,886,734.40

31-08-15

71 GREAT NIG.INS. PLC WEMA BANK PLC FRAUD OF N19,082,230.00 6,010,902.45

31-08-15

72 GREAT NIG.INS. PLC FLOUR MILLS GROUP

FIRE DAMAGE TO ELECTRICAL

PANELS8,302,960.88

21-05-15


31-08-15


31-08-15

75 GREAT NIG.INS. PLC NIGER DELTA POWER HOLDING CO.LTD

FIRE OUTBREAK AT SAPELE POWER

OGORODE,DELTA STATE106,923,448.46

21-07-15

76 Goldlink Insurance Plc UYIOMENDO EFOSA EMMANUEL ACCIDENT 4,500,000.00 08-01-15

77 Goldlink Insurance Plc ASSET MANAGEMENT CO. ACCIDENT 8,265,000.00 30-04-15

78 Goldlink Insurance Plc ASSET MANAGEMENT CO. ACCIDENT 38,850,000.15

30-04-15

79 Goldlink Insurance Plc ASSET MANAGEMENT ACCIDENT 4,000,000.00

16-10-15

80 Goldlink Insurance Plc JIM-AGBAGBUE, ACHI FRANKLIN ACCIDENT 4,369,000.00

10-09-15

81 Goldlink Insurance Plc CHI LTD ACCIDENT 5,108,200.00

14-04-15

82 Guinea Insurance Plc NIGERIA CUSTOMS SERVICE DEATH & INJURY 3,744,291.00

14-08-15

83 Guinea Insurance Plc NIGERIA CUSTOMS SERVICE DEATH 9,650,000.00

14-05-15

84 Guinea Insurance Plc NIGERIA CUSTOMS SERVICE DEATH 29,900,000.00

14-05-15

85 Guinea Insurance Plc NIGERIA CUSTOMS SERVICE INJURY 5,168,000.00

31-12-15

86 Guinea Insurance Plc EXPRESS GENERAL LOGISTICS NIG. LTD. PROPERTY DAMAGE 5,084,782.50

21-09-15

87 International Energy Ins. Plc JOMART NIG LTD LOSS OF GOODS IN TRANSIT 3,716,548.84

03-07-15

88 International Energy Ins. Plc JOMART NIG LTD LOSS OF GOODS IN TRANSIT 5,342,393.20

03-07-15

89 International Energy Ins. Plc JOMART NIG LTD LOSS OF GOODS IN TRANSIT 3,939,509.79 05-08-15

90 International Energy Ins. Plc JOMART NIG LTD LOSS OF GOODS IN TRANSIT 3,916,507.17 05-08-15

91 KBL Insurance Limited

FIDELITY BANK PLC/ GPC ENERGY

LOGISTICS

ACCIDENT INVOLVING MERCEDEZ

BENZ ACTROS TRUCK 13,874,751.64

15-05-15

92 KBL Insurance Limited KEYSTONE BANK LTD/QMC NIGERIA LTD ACCIDENT & T/PARTIES 7,932,996.14

31-12-15

93 KBL Insurance Limited GODWIN OBASUYI

ACCIDENT INVOLVING HYUNDAI

AZERA GRANDE AND 3RD PARTY5,984,750.00

25-11-15

94 KBL Insurance Limited INTEGRATED OIL AND GAS LTD ACCIDENT \ LOSS OF AGO 3,682,800.00

08-04-15

95 Leadway Assurance Co. Ltd Central Bank Of Nigeria

DEATH OF CBN STAFF, MR. YUSUF

SHERIF ADEDOKUN 13,713,151.80 24-03-15

96 Leadway Assurance Co. Ltd Central Bank Of Nigeria

DEATH OF MR. UME FRAKLIN

OKORIE AS A RESULT OF ROAD

ACCIDENT

7,259,134.80 05-03-15

97 Leadway Assurance Co. Ltd The Nigerian Police Force

INJURIES AND DEATHS OF OFFICERS

AND MEN OF THE NIGERIA POLICE

FORCE OF BATCH 2 - 2015

4,518,660.00 29-10-15

98 Leadway Assurance Co. Ltd Bollore Transport and Logistics Nigeria Limited

INJURY TO MR ALADE KASSIM

BABATUNDE 3,542,269.50 16-10-15

99 Leadway Assurance Co. Ltd Niger Construction Limited (NIGERCAT) BURNT EXCAVATOR MACHINE 16,957,500.00 17-09-15

100 Linkage Assurance PlcPORTS & TERMINAL MULTISERVICES LTD FIRE DAMAGE 5,013,915.83 04-08-15



113


101 Linkage Assurance PlcEKO SUPREME RESOURCES NIGERIA LTD FRAUD 4,202,727.50 13-03-15

102 Linkage Assurance Plc LIONSEAL INDUSTRIES LTD DAMAGE TO GOODS IN TRANSIT 4,180,521.00 03-08-15

103 Linkage Assurance Plc CHEVRON NIG LTD RIG ACCIDENT 32,075,199.19 05-05-15

104 Linkage Assurance PlcSTERLING OIL EXPLORATION FLOOD DAMAGE TO FLOWSTATION 16,485,132.14 13-01-15

105 Linkage Assurance Plc TOTAL E AND P NIGERIA LIMITED RIG DAMAGE FLOOD 12,411,118.20

16-12-15

106 Linkage Assurance Plc NNPC EXPLOSION OF RIG 9,101,400.00 05-06-15

107 Linkage Assurance Plc MERCATOR OFFSHORE PTE LTD DAMAGE TO HOSE SUBMERGED 7,316,705.12

23-09-15

108 Linkage Assurance Plc NECONDE ENERGY LTD FIRE AT WELL 5,747,794.54 10-06-15

109 Linkage Assurance Plc NNPC/ADDAX PIPELINE DAMAGE 3,721,919.03 13-05-15

110 Mutual Benefits Ass.Plc THE NIGERIA POLICE FORCE ACCIDENT 4,576,740.00 28-01-15

111 Mutual Benefits Ass.Plc CRYSLAD NIGERIA LIMITED ACCIDENT 4,785,662.61 13-02-15


113 Mutual Benefits Ass.Plc M. SALEH & CO. LTD ACCIDENT 5,256,235.20 18-03-15

114 Mutual Benefits Ass.Plc HONEY BEST BUSINESS CONCEPT FIRE 5,004,000.00 10-06-15






120 Nigerian Agricultural Ins. Corp. Afri Agric Products Limited Burglary 4,187,106 03-10-15

121 NSIA Insurance Co. Ltd DEROCK FABRICS LINKS VENTURES BURGLARY 3,627,436.62 14-12-15

122 NSIA Insurance Co. Ltd LC MUOKA NIGERIA LIMITED BURGLARY 4,589,483.96 17-11-15

123 NSIA Insurance Co. Ltd U.C OKORO COMMUNICATIONS BURGLARY 4,769,335.10 15-07-15

124 NSIA Insurance Co. Ltd TAPNET SYSTEMS NIGERIA LIMITED BURGLARY 4,959,672.70 08-06-15

125 NSIA Insurance Co. Ltd MATHMER AND COMPANY LIMITED BURGLARY 7,636,586.83 04-03-15

126 NSIA Insurance Co. Ltd JEFKING INTERNATIONAL AGENCY LTD BURGLARY 11,743,308.40 21-07-15

127 NSIA Insurance Co. Ltd ASHAKACEM PLC MACHINERY BREAKDOWN 4,117,212.00 13-01-15

128 NSIA Insurance Co. Ltd MTN COMMUNICATIONS OF NIG.LTD THEFT 4,139,557.03 17-06-15

129 NSIA Insurance Co. Ltd NIGERIAN BREWERIES PLC STORM DAMAGE 4,361,218.94 27-07-15

130 NSIA Insurance Co. Ltd KEN MADUAKOR OIL & GAS / GROUP LTD GIT 3,550,230.00 08-05-15

131 NSIA Insurance Co. Ltd KASHFORD OVERSEAS LIMITED GIT 5,891,740.29 26-01-15

132 NSIA Insurance Co. Ltd ZENITH BANK PLC THEFT 3,717,645.18 17-03-15

133 NSIA Insurance Co. Ltd ECOBANK NIGERIA PLC THEFT 4,395,682.61 12-05-15

134 Standard Alliance Ins. PlcFIDELITY BANK PLC

FRAUDULENT WITHDRAWAL

/DIVERSION 17,035,000.00 28-04-15

135 Standard Alliance Ins. PlcNIGERIA AVIATION HANDLING

DAMAGE TO TURBINE CORE ENGINE

ON AWB4,144,000.00

15-05-15

136 Saham Unitrust Ins. Nig. Ltd LEVANT CONSTRUCTION LTD

ACCIDENT INVOLVING GROVE

CRANE RT760E AT EKU, DELTA

STATE19,720,080.79 31-12-15

137 Saham Unitrust Ins. Nig. Ltd FOUNDATION TECH. LTD ACCIDENT 8,100,000.00 23-01-15

138 Saham Unitrust Ins. Nig. Ltd A & K CONSTRUCTION LIMITED

ROAD ACCIDENT LEADING TO

DEATH OF MR. EGBE EMMANUEL,

MR. MOSES DANIEL & MR. TONY

ZENO

7,269,250.00 25-02-15

139 Saham Unitrust Ins. Nig. Ltd

CONSOLIDATED CONTRACTORS OIL, GAS

AND WATER LTD. ACCIDENT & T/P 6,750,000.00 27-01-15

140 Saham Unitrust Ins. Nig. Ltd SETRACO NIG. LTD INJURY TO MR MONDAY EKAIFO 5,548,322.51 15-09-15

141 Saham Unitrust Ins. Nig. Ltd CCC CONSTRUCTION CO. LTD (SOUTH) INJURY TO MR ANGUS IKECHUKWU4,500,000.00 09-02-15

142 Saham Unitrust Ins. Nig. Ltd TRANS-WHEEL LIMITED DAMAGE TO GOODS 4,293,000.00 10-12-15


SOUTH ENERGYX NIG. LTD (IBADAN

DEPOT)

ACCIDENT & TWO THIRD PARTIES

VEHICLES3,601,757.00 22-07-15


SOUTH ENERGYX NIG.LTD (IBADAN

DEPOT) LONE ACCIDENT 3,518,091.00 22-07-15

145 Sovereign Trust Insurance Plc Black Well Energy Limited Accident 3,648,000.00 01-01-15

146 Sovereign Trust Insurance Plc Federal University Otuoke Accident 4,480,000.00 01-01-15

147 Sovereign Trust Insurance Plc Transporters of Forte Oil/Maximum trust Accident 4,529,664.50 01-01-15

148 Sovereign Trust Insurance Plc Ok Foods Limited/New trend Storm damage 5,134,246.63 01-01-15

149 Sovereign Trust Insurance Plc Mrs Chinelo Oruche/Hakeem Dickson Accident 6,557,000.00 01-01-15

150 Sovereign Trust Insurance Plc Memcos/Adeyinka Adedokun Accident 6,660,000.00 01-01-15



114



151 Sovereign Trust Insurance Plc ABNL Associates Accident 12,468,750.00 01-01-15

152 Sovereign Trust Insurance Plc Nigerian National Petroleum Corporate Accident 18,538,954.09 01-01-15

153 Sovereign Trust Insurance Plc Intercontinental Distillers Accident 5,771,250.00 01-02-15

154 Sovereign Trust Insurance Plc Living Earth Nigeria Foundation Accident 4,845,000.00 01-03-15

155 Sovereign Trust Insurance Plc Aljaff Trading International Limited Accident 5,130,000.00 01-04-15

156 Sovereign Trust Insurance Plc Glitz Automobile Limited Accident 5,600,000.00

01-04-15

157 Sovereign Trust Insurance Plc ARM Life Assurance Plc Accident 7,960,680.00

01-04-15

158 Sovereign Trust Insurance Plc Asset Management Corporation Accident 11,655,000.05

01-04-15

159 Sovereign Trust Insurance Plc Ajayi Adegboyega Accident 10,937,500.00

01-05-15

160 Sovereign Trust Insurance Plc KCA Deutag Nigeria Limited Accident 4,171,300.00

01-06-15

161 Sovereign Trust Insurance Plc Marine Platforms Limited/Assons Accident 4,360,500.00

01-06-15

162 Sovereign Trust Insurance Plc Masters Energy Oil & Gas Ltd Accident 4,869,000.00

01-06-15

163 Sovereign Trust Insurance Plc Mrs Adenuga/Peak prince Accident 3,705,000.00

01-07-15

164 Sovereign Trust Insurance Plc Federal Fire Service Accident 3,501,225.00

01-08-15

165 Sovereign Trust Insurance Plc Banrut Rolls Nigeria Accident 6,410,145.90

01-08-15

166 Sovereign Trust Insurance Plc Erelu Obafunmilayo Accident 5,087,250.00

01-09-15

167 Sovereign Trust Insurance Plc Indigo Drilling Ltd Death 3,719,321.98

01-10-15

168 Sovereign Trust Insurance Plc Employees of NLNG/Franca Obianuju Accident 4,625,000.00

01-10-15


01-10-15


01-10-15

171 Sovereign Trust Insurance Plc Indigo Drilling Ltd Death 6,552,787.52 01-10-15

172 Sovereign Trust Insurance Plc Agip Energy/A.Ibukun Accident 3,600,000.00 01-12-15

173 Sovereign Trust Insurance Plc Daily Telegraph Accident 3,825,000.00

01-12-15

174 Sovereign Trust Insurance Plc Tentol Consulting Limited Accident 8,100,000.00

01-12-15

175 STACO Insurance Plc INSURED / CLIENT NATURE OF LOSS AMOUNT DATE PAID

176 STACO Insurance Plc PROTEA HOTEL IKEJA FIRE DAMAGED TO GENERATOR 16,510,977.27

22-04-15

177 STACO Insurance PlcNIG. AVIATION HANDLING COMP. PLC DAMAGE TO TURBINE CORE ENGINE

9,324,000.00

16-01-15

178 STACO Insurance Plc JULIUS BERGER NIGERIA PLC & OTHERS STOLEN OF DIESEL OIL (AGO) 8,736,575.56

11-06-15

179 STACO Insurance Plc VITAL PRODUCTS LIMITED DAMAGE TO TOMATO PASTE 6,422,041.95

11-08-15

180 STACO Insurance Plc TESCO EQUIPMENT NIG. LTD. ROBBERY INCIDENT 6,169,047.58

30-06-15

181 STACO Insurance PlcATLANTIC SHRIMPERS LIMITED VARIOUS INJURY TO STAFF BATCH 2,

2014.5,040,221.80

13-11-15

182 STACO Insurance PlcATLANTIC SHRIMPERS LIMITED INJURY TO VARIOUS STAFF ( BATCH

1 2014)4,715,392.99

06-01-15

183 STACO Insurance Plc

PORTS AND TERMINAL MULTI SERV. LTD DAMAGE TO MERCEDES BENZ S550

IN CONTAINER AND DAMAGE TO

CONTAINER4,085,020.52

05-01-15

184 STACO Insurance Plc VICMOND ADE ENTERPRISES LTD./GUINESS ACCIDENT 4,000,935.54

23-10-15

185 STACO Insurance Plc

RAMLAWI NIGERIA LIMITED DAMAGED TO GOODS AS A RESULT

OF ACCIDENT TO VEHICLE 3,830,904.95

19-03-15

186 STACO Insurance PlcOBIEZE & SONS NIGERIA LIMITED DAMAGE TO GOODS IN TRANSIT AS

A RESULT OF FIRE INCIDENT 3,797,465.00

02-02-15

187 STACO Insurance Plc DADDO MARITIME SERVICES LIMITED employers liability claim 3,707,092.08

06-05-15

188 Sterling Ass. Nig.LimitedFLOUR MILLS OF NIGERIA PLC DEATH OF MR SIMON PETER DANIEL

5,727,997.80 01-01-15

189 Sterling Ass. Nig.LimitedJOSIEN HOLDING LIMITED ACC DAMAGE TO THE INSURED'S

GOODS5,917,859.53 01-01-15

190 Sterling Ass. Nig.LimitedREAL INFRASTRUCTURE NIGERIA LTD INJURY TO SATYANENDRA KUMAR

12,096,059.40 01-03-15

191 Sterling Ass. Nig.LimitedUNITED CEMENT COMPANY NIGERIA

LIMITED

INJURY TO INI OBONG PEARL5,965,354.63 01-03-15

192 Sterling Ass. Nig.Limited

NIGERIA AVIATION HANDLING CO. DAMAGE TO TURBINE CORE ENGINE

ON AWB NO. 172-02131102 EX

CARGOLUX4,196,703.39 01-05-15

193 Sterling Ass. Nig.LimitedVERACITY VENTURES LTD ACC INV TRUCK CONVEYING AGO

DIESEL FROM APAPA TO ABUJA3,815,625.00 01-08-15

194 Universal Insurance PlcNTA-STAR TV NETWORK LIMITED Damage To Property @ Suleja As a Result

of storm.7,755,113.91 07-07-15

195 Universal Insurance PlcNIGER DELTA POWER HOLDING COMP.

LTD

FIRE OUTBREAK @ SAPELE27,540,000.00 16-06-15

196 Universal Insurance Plc ARAB OIL NIG LTD LOSS OF GOODS IN TRANSIT 4,500,000.00 29-09-15

197 Wapic Insurance Plc PROTON SECURITY SERVICES LIMITED Theft 3,527,605.01 30-09-14

198 Wapic Insurance Plc ASCON OIL COMPANY LTD Fire 4,834,080.00 26-03-15

199 Wapic Insurance Plc STEVE IMAFIDON SON LTD In Transit 4,314,673.90 22-05-15

200 Wapic Insurance Plc DIAMOND BANK PLC Robbery 3,748,231.65 01-01-15


115


201 Wapic Insurance Plc NIGER DELTA POWER HOLDING COMPANY LTDFire Damage 32,493,408.54 03-10-14

202 Wapic Insurance Plc

MDS LOGISTICS PLC AND SUBSIDIARY

COMPANIES AND ASSOCIATED COMPANIES

AND AFFILIATED COMPANIES Fire Damage

17,719,543.06 28-04-15

203 Wapic Insurance Plc HAPPINEX FOAM Fire 15,636,059.65

21-04-15

204 Wapic Insurance Plc DANGOTE GROUP OF COMPANIE Accidental Damage 8,464,179.11

30-01-15

205 Wapic Insurance Plc NIGERIAN CLEANING SERVICES LTD Death: On Duty Road Accident 7,560,000.00

31-08-13

206 Wapic Insurance Plc ACCESS BANK PLC Fire 7,240,909.50

27-04-14

207 Wapic Insurance Plc DANGOTE SUGAR REFINERY PLC Fire 7,060,298.11

07-07-12

208 Wapic Insurance Plc BETA GLASS PLC (GUINEA PLANT) Machinery Damage-Accident 4,511,789.41

25-06-15

209 Wapic Insurance Plc ACCESS BANK PLC Money,Tc,Passport Lost 4,406,140.28

01-11-14

210 Wapic Insurance Plc SILVERCORP MEDIA LIMITED Accidental Damage 3,771,121.33

28-10-14

211 Zenith Gen.l Ins. Company Ltd. CROWN VISION (NIGERIA) LIMITED

ACCIDENTAL DAMAGE & LOSS OF

GOODS5,704,587.50

01-01-15

212 Zenith Gen.l Ins. Company Ltd. A.I.S GLOBAL SERVICES LIMITED LOSS OF A.G.O PRODUCT 5,112,471.85

01-02-15

213 Zenith Gen.l Ins. Company Ltd. CHI LIMITED FIRE INCIDENT 4,578,351.57

01-03-15

214 Zenith Gen.l Ins. Company Ltd. INDORAMA ELEME PETROCHEM. LTD DAMAGE TO GOODS IN TRANSIT 7,331,175.00

01-03-15

215 Zenith Gen.l Ins. Company Ltd. DIAMOND BANK PLC ARMED ROBBERY INCIDENT 8,427,226.85

01-03-15

216 Zenith Gen.l Ins. Company Ltd. ZENITH BANK PLC ARMED ROBBERY ATTACK 81,000,000.00

01-03-15

217 Zenith Gen.l Ins. Company Ltd.

TINCAN ISLAND CONTAINNER TERMINAL

LIMITED DEATH OF MR CHUKWUJI ALBERT 3,976,977.69

01-05-15

218 Zenith Gen.l Ins. Company Ltd. KNEIPE NIGERIA LTD THEFT OF 629 BAGS OF 25KG DANO 12,155,676.63

01-05-15

219 Zenith Gen.l Ins. Company Ltd. PARCO ENTERPRISES LIMITED INDUSTRIAL ACCIDENT 4,011,726.60 01-06-15

220 Zenith Gen.l Ins. Company Ltd. TESCO EQUIPMENTS NIGERIA LIMITED ARMED ROBBERY INCIDENT 6,165,122.98 01-06-15

221 Zenith Gen.l Ins. Company Ltd. GREY DE KOUROUN NIGERIA LIMITED DAMAGE TO GOODS 3,661,114.44

01-09-15

222 Zenith Gen.l Ins. Company Ltd. ZENITH BANK PLC THEFT OF CASH 4,804,200.00

01-10-15

223 Zenith Gen.l Ins. Company Ltd. GOD IS GOOD LOGISTICS LOSS OF GOODS IN TRANSIT 4,500,000.00

01-11-15

224 AIICO Insurance PlcANCAPS GLOBAL INVESTMENT LTD DAMAGE TO GOODS IN TRANSIT AS

A RESULT OF ACCIDENT

3,508,062.24 17/02/2015

225 AIICO Insurance PlcANCAPS GLOBAL INVESTMENT LTD DAMAGE TO GOODS AS A RESULT OF

ACCIDENT

3,778,260.11 22/06/2015

226 AIICO Insurance Plc NELCON MERCHANTS NIGERIA LTD ACCIDENT 4,190,400.00 26/01/2015

227 AIICO Insurance Plc MULTIPRO CONSUMER PRODUCTS LTD ACCIDENT 4,207,821.41 12-01-15

228 AIICO Insurance Plc MOULDS NIGERIA LTD DEATH OF HARUNA ADAMU 4,399,500.00 30/04/2015


FIDELITY BANK PLC ARMED ROBBERY ATTACK ON

BULLION VAN AT ALABA CASH

CENTRE

4,404,801.09 02-11-15

230 AIICO Insurance Plc MULTIPRO CONSUMER PRODUCTS LTD ACCIDENT 5,122,351.96 14/08/2015

231 AIICO Insurance Plc MULTIPRO CONSUMER PRODUCTS LTD ACCIDENT 5,245,155.00 19/01/2015

232 AIICO Insurance PlcEXEL CONTRACT LOGISTICS NIG. LTD/DHL DAMAGE TO GOODS AS A RESULT OF

ACCIDENT

5,405,712.81 20/08/2015


MAY & BAKER NIGERIA PLC DAMAGE TO MACHINES (ACCURA &

GANSCOTER) ALONG DOPEMU

EXPRESSWAY

5,643,288.45 25/11/2015

234 AIICO Insurance Plc MULTIPRO CONSUMER PRODUCTS LTD FIRE INCIDENT 6,280,303.19 14/09/2015

235 AIICO Insurance PlcNIGERIAN AVIATION HANDLING CO. PLC DAMAGE TO TURBINE CORE ENGINE 6,305,531.66 13/01/2015


UNION BANK OF NIGERIA PLC FRAUD DISCOVERY OF 144,163,000.00

INVOLVING OCHIGBO ANEBI AND

BELLO IBRAHIM

6,325,764.51 28/05/2015

237 AIICO Insurance PlcMULTIPRO CONSUMER PRODUCTS LTD DAMAGE TO GOODS FOLLOWING

ACCIDENT

6,404,506.00 28/05/2015


JULIUS BERGER NIGERIA PLC WATER DAMAGE TO CEILING AND

OTHER ELECTRICAL EQUIPMENTS

8,392,299.74 07-02-15

239 AIICO Insurance PlcEMERGING MARKETS TELECOM. SERV.

LTD

THEFT OF VARIOUS ITEMS AT

INSURED'S CALABAR SHOP

8,548,908.71 26/08/2015

240 AIICO Insurance Plc JULIUS BERGER NIGERIA PLC STOLEN OF DIESEL OIL{AGO} 8,573,901.74 28/05/2015

241 AIICO Insurance PlcMULTIPRO CONSUMER PRODUCTS LTD FIRE DAMAGE TO GOODS CONVEYED 9,358,887.40 12-02-15

242 AIICO Insurance PlcMULTIPRO CONSUMER PRODUCTS LTD DAMAGE TO GOODS IN TRANSIT AS

A RESULT OF FIRE INCIDENT

12,721,294.35 22/04/2015

243 AIICO Insurance Plc MSA SPINNING LTD/PIONEER INS. CO FIRE DAMAGE 15,806,375.33 20/08/2015

244 AIICO Insurance Plc MTN COM. NIG. LTD & OTHERS MISSING BATTERIES 16,558,228.14 07-02-15

245 AIICO Insurance PlcNOKIA WEST AFRICA (NIGERIA LTD INJURY TO MR. EMMANUEL

OLUWATOSIN

67,732,923.60 10-06-15



116


COMPANY NAME OF INSURED NATURE OF LOSS AMOUNT PAID DATE PAID S/N

117

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

ENGINEERING

Anchor Ins. Company Ltd

Axa Mansard Insurance Plc











Custodian and Allied Ins. Ltd






ENSURE INS. PLC

ENSURE INS. PLC

ENSURE INS. PLC

ENSURE INS. PLC

ENSURE INS. PLC

ENSURE INS. PLC

ENSURE INS. PLC

ENSURE INS. PLC

ENSURE INS. PLC

ENSURE INS. PLC

Equity Assurance Ltd




FBN Insurance Plc











Mutual Benefits Ass. Plc


Standard Alliance Ins. Plc





NIGER DELTA POWER HOLDING(SAPELE POWER

PLANT)

JULIUS BERGER NIGERIA PLC

FIRST EXPLORATION AND PRODUCTION NIGERIA

LIMITED

NIGERIAN NATIONAL PETROLEUM CORP.

POLYSMART PACKAGING LTD

LORDS MINT TECH (NIGERIA) LIMITED

MARIO INDUSTRIES LIMITED

NIGER DELTA POWER HOLDING CO. LTD /SAPELE

GENERATION CO. LTD

BOUYGUES CONSTRUCTION NIGERIA

FAM CONSTRUCTION LTD

TRIACTA NIGERIA LIMITED

CLASSIC MARINE SERVICES LTD



PRIME SOURCE CONSTR. INFRASTRUCTURE LTD

NIGERIAN RAILWAY CORPORATION


NIGER DELTA POWER HOLDING CO. LTD

OANDO PLC &/OR OANDO APAPA SPM &/OR OANDO

MARKETING PLC &/OR GASLINK NIG LTD &/OR

OTHERS


MERCATOR OFFSHORE (NIG.) PTE LTD

NNPC/ADDAX

JULIUS BERGER NIG. PLC

PYTHON ENGINEERING CO. LTD.

FIVE STAR LOGISTICS LIMITED/ NPA

ZAN COSMETICS IND LTD / UBN PLC.

SEAMASTER IND. NIG. LIMITED

NIGER DELTA POWER HOLDING COY OF NIG.


DANTATA & SAWOE CONSTRUCTION CO. LTD

GUINNESS NIGERIA PLC

INTELS NIG LTD

Monurent Holding Limited

GUINNESS NIG PLC

ENERGO NIGERIA LIMITED

ENERGO NIGERIA LTD/NIPP AND/OR OTHERS

AES Luxury Apartments

Ogeyi Place Hotels Limited

First Continental Properties Limited

SAPELE GENERATION CO.LTD

MARIO OIL IND. LIMITED

FIVE STAR LOGISTICS

TINCAN ISLAND CONTAINER TERMINAL


ENERGO NIGERIA LIMITED/OTHERS

DANTATA & SAWOE CONST

DSC INTERNATIONAL COMPANY NIG. LTD


DSC INTERNATIONAL COMPANY NIG. LTD

PRIME SOURCE CONSTRUCTIO

ELECTRONIC FAULT LEADING TO

ARCING, FIRE & EXPLOSION.

Flood DamageFire

Fire

Machinery - Damage

Machinery - Damage

Machinery - Damage

Machinery - Damage

Machinery - Damage

Machinery - Damage

Machinery - Damage

Machinery - Damage

FLOOD DAMAGE

DAMAGE TO INJECTION SUB-

STATION AT PTDF TOWER

DAMAGE TO EQUIPMENT AT THE

INSURED'S KWALE SITE DUE TO

HEAVY FLOODING

COLLISION IMPACT ON LOCO 2208 AT

IDDO TERMINAL

FIRE DAMAGE TO ELECTR. DATA

PROCESSING EQUIP. @ DPR OFFICE,

LAGOS

FIRE OUTBREAK AT SAPELE PLANT

DAMAGE TO OANDO JETTY

DAMAGE TO TOWER CRANE

DAMAGE TO EXPORT HOSE

SUBMERGED

DAMAGE TO AND-B T ADRP-112

PRODUCTION RISER

EXPLOSION OF CATERPILLAR

GENERATOR

FLOOD DAMAGE

DAMAGE TRUCK

LOSS OF TALLOW OIL,EXPLOSION OF

15 TONS BOILER AND BREAKDOWN

OF 1000 KVA CAT GENERATOR

EXPLOSION OF ATERPILLAR

GENERATOR

ELECTRICAL FAULTS LEADING TO

FIRE

DAMAGE TO PROPERTY

FLOOD

BREAKDOWN OF GEN.

DAMAGE TO PROPERTY

Accident involving a wheel loader

DAMAGE TO GAS GENERATOR

THEFT

DAMAGE TO UNDER-GROUND

POWER CABLE & CABLE JOINT

BREAK DOWN OF MACHINE

DAMAGE TO AUTOMATED CENTRAL

AIR CONDITIONING SYSTEM

DAMAGE TO WORLD CENTRE

BUILDING

GENERATOR EXPLOSION

MACHINERY BREAKDOWN

FIRE DAMAGE TO PLANT

DAMAGE TO EQUIPMENT

ACCIDENTAL DAMAGE

THEFTFLOOD INCIDENT

DAMAGE TO CONTRACT WORKS

STORM DAMAGE TO THE

BEME(TROPICANA) OUT FALL

STORM WATER

DAMAGE TO CONTRACT WORKS

DAMAGE TO EQUIPMENT AT THE

INSURED'S KWALE SITE

21,276,000.00

5,499,199.87

14,415,364.98

4,849,417.73

4,571,437.50

10,240,200.00

7,862,400.00

53,703,000.00

4,145,852.93

10,610,877.87

11,958,400.00

5,310,000.00

5,499,199.86

3,837,605.00

9,809,377.67

217,664,668.85

4,950,114.50

74,088,000.00

16,649,630.03

9,568,604.16

7,445,660.00

7,406,052.08

5,573,673.85

4,274,565.00

3,533,511.96

25,457,903.65

6,120,000.00

26,971,468.70

7,600,000.00

10,383,524.93

7,834,702.04

4,287,140.31

23,343,152.03

7,744,487.23

3,856,685.96

24,038,396.18

8,640,000.00

3,798,775.60

113,048,209.23

21,439,118.29

9,422,421.00

4,428,459.46

3,878,006.02

10,545,091.20

3,779,168.60

6,721,955.97

5,249,200.00

5,499,199.87

5,000,000.00

3,678,516.63

02.06.2015

03.02.2015

17.06.2015

17.02.2015

22.06.2015

06.02.2015

05.02.2015

11.06.2015

13.01.2015

15.05.2015

29.12.2015

12.08.2015

02.02.2015

16.03.2015

19.03.2015

28.04.2015

22.01.2015

10.06.2015

05.05.2015

05.08.2015

29/04/2015

10.08.2015

02.12.2015

03.04.2015

20/05/2015

20/05/2015

24.07.2015

06.12.2015

12.02.2015

07.08.2015

18.06.2015

07.04.2015

24.06.2015

16.06.2015

15.10.2015

20.01.2015

08.06.2015

21.08.2015

31.03.2015

17.06.2015

16.03.2015

11.03.2015

21.07.2015

25.05.2015

04.11.2015

19.05.2015

27.08.2015

22.05.2015

22.09.2015

26.06.2015


51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

Saham Unitrust Insurance Ltd

Saham Unitrust Ins. Ltd


Sovereign Trust Ins. Plc



STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

Sterling Ass. Nig. Limited



Wapic Insurance Plc

Zenith Gen.l Ins. Company Ltd.





AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

RATCON CONSTRUCTION CO.LTD

MAY & BAKER NIGERIA PLC

LAFARGE AFRICA PLC

Lafarge Cement Wapco

Nigerian National Petroleum Corporate

Chevron Nigeria Limited And/Or Subsidiaries

BETA GLASS PLC (DELTA PLANT)

INTELS NIGERIA LTD. AND

SUBSIDIARY/ASSOCIATED COMPANIES


STRONG SOLUTIONS LIMITED

BETA GLASS PLC (DELTA PLANT)

INTELS NIG.LTD/SUBSIDIARIES/AS

TREVI FOUNDATIONS NIGERIA LIMITED

MERCATOR OFFSHORE (P) PTE LTD/or MERCATOR LINES LTD

NIGERIAN NATIONAL PETROLEUM

CORPORATION,SUBSIDIARIES AND ASSOCIATED

COMPANIES, AGENCIES AND INSTITUTIONS

MARIO OIL INDUSTRIES LIMITED

GUINNESS NIG PLC

NIGER DELTA POWER HOLDING COMPANY LTD

PIVOT ENGINEERING COMPANY LIMITED

SEAMASTER INDUSTRIES NIGERIA LIMITED



LUCKY FIBRES PLC

LUCKY FIBRES PLC



MULTIPRO ENTERPRISES Ltd-HYPO DIVISION

GILMOR ENGINEERING LTD/OTHERS

SIAT NIGERIA LIMITED

FIRST EXPLORATION AND PROD. COMPANY LTD

CITCC NIGERIA LTD

GUINESS NIGERIA PLC

NIGERIAN RAILWAY CORPORATION

NIGER DELTA POWER HOLDING/SAPELE

GENERATION COMPANY LTD

DANGOTE CEMENT PLC / SINOMA INT ENGIN. LTD.

DAMAGE TO CRANE GROVE

DAMAGE TO MACHINES (ACCURA

AND GANSCOTER) ALONG DOPEMU

EXPRESSWAY

BREAKDOWN OF CAT 6.2MW

GENERATOR

Breakdown

Explosion

Explosion

FIRE INCIDENT

ACCIDENT


THEFT OF CABLE WIRE

BREAKDOWN OF BOOSTER

ACCIDENT

DAMAGE TO SOLIMUSF


Fire Damage

MACHINERY BREAKDOWN


FIRE OUTBREAK

THEFT OF TRANSFORMER OIL

MACHINERY BREAKDOWN

DAMAGE TO CLEWING PLATFORM

OF TOWER CRANE

DAMAGE TO INJECTION

SUBSTATION AT PTDF TOWER

Faulty warping machine

FAULTY CUMMINS GAS ENGINE

FIRE DAMAGE

FLOOD DAMAGE AT TROPICANA

CONSTRUCTION SITE

BREAKDOWN GENERATOR

ACCIDENT

FIRE DAMAGE

FIRE DAMAGE LEADING TO LOSS OF

ELECTRONIC EQUIPMENT

FIRE INCIDENT/DAMAGE


ACCIDENT

FIRE OUTBREAK

FIRE

26,797,113.73

5,541,688.76

4,460,313.00

4,148,403.00

80,850,000.00

56,875,000.00

24,000,000.00

5,497,766.69

5,272,546.09

4,387,601.65

3,843,787.31

7,117,931.31

11,343,375.84

6,393,989.60

4,950,114.51

7,064,864.25

7,902,302.37

39,892,500.00

7,664,617.00

6,255,883.38

3,674,344.87

3,913,226.06

4,086,928.54

4,910,118.07

5,227,105.44

5,571,096.61

11,107,865.88

11,234,025.00

14,849,716.16

21,821,957.17

29,012,739.35

30,977,948.93

38,411,412.15

41,040,000.00

49,247,840.88

30.12.201523.11.2015

23.01.2015

01.01.2015

01.03.2015

01.06.2015

25.08.2015

05.01.2015

08.06.2015

22.05.2015

05.01.2015

01.01.2015

01.05.2015

01.09.2015

13.05.201301.02.2015

01.05.2015

01.06.2015

01.07.2015

01.08.2015

05.05.2015

25/02/2015

03.06.2015

14/05/2015

11.10.2015

17/02/2015

27/05/2015

10.12.2015

27/07/2015

07.02.2015

05.04.2015

28/05/2015

05.05.2015

18/06/2015

24/12/2015

ENGINEERING


118



MARINE AND AVIATION























ENSURE INS. PLC






FBN Insurance Plc

GREAT NIG. INS. PLC

GREAT NIG. INS. PLC










Industrial and Gen. Ins. Plc


















G. N. IHEAKU & CO. LIMITED

OVERLAND AIRWAYS LIMITED

AFRICAN FARMS LIMITED

POWER HOLDING COMPANY OF NIG. LTD

E.A. TEMILE AND SONS DEV. CO. OF NIG. LTD

TILONE SUBSEA LTD

ARCO MARINE & OILFIELD SERVICES LTD

BRISTOW GROUP INC

OVERLAND AIRWAYS LIMITED

FRIGOGLASS NIGERIA LIMITED

TOYOTA NIGERIA LIMITED

NIGERIAN BREWERIES PLC

VAM ONNE NIGERIA LIMITED

WACOT RICE LIMITED

VAM ONNE NIGERIA LIMITED

SUMO STEEL LTD

FRIGOGLASS NIGERIA LIMITED

NKRAH MARINE LIMITED

MAERSK NIGERIA LIMITED

NKRAH MARINE LIMITED

IMC LIMITED


DANA AIRLINES

BRISTOW HELICOPTER NIG. LTD

NESTOIL LIMITED

M & C MARINE OPERATIONS LIMITED

ASPEN PHARMACARE NIGERIA LIMITED

DAMCO LOGISTICS NIGERIA LTD

Uniglobe Industrial Services Limited

OVERLAND AIRWAYS LIMITEDWESTLAND ENERGY/SAFETRUST MORTGAGE BANK

ASPEN PHAMACARE LIMITED

WEST AFRICAN COTTON RICE LIMITEDPETROSTAR (NIGERIA) LIMITED

RICHGOAL ENTERPRISES

UNIGLOBE INDUSTRIES SERVICES LTD

UNIGLOBE INDUSTRIES SERVICES LTD

A.G BUTLER NIG LTD

A.G BUTLER NIG LTD

INTERNATIONAL AVIATION COLLEGE

BRISTOW HELIPCOPTERS



Anglia Underwater Survey Limited

Mantrac Nigeria Limited

Fareast Mercantile Company Limited

Haansbro Nigeria Limited

UNITED CEMENT COMPANY OF NIG. PLC

TESCO EQUIPMENT NIGERIA LIMITED

Jof Nigeria Limited

Nigerian National Petroleum Corporation

Nigerian National Petroleum Corporation

New Dawn Logistics Support LimitedBRISTOW GROUP

BRISTOW GROUP

MIC-OSCAR NIGERIA LTD

EMZOR PHARM IND LTD

CLEANSERVE INTEGRATED ENERGY

DAMAGE TO INSURED'S FISH HEADS

Damage

Damage

Damage

Damage

Loss

Damage

FIREC DAMAGE TO AIRCRAFTS

CLAIM AIRCRAFT

DAMAGE TO CONSIGNMENT OF RAW MATERIALS FOR INDUSTRIAL USE - TIN FREE STEEL COIL

ACCIDENT

ACCIDENT

DAMAGE TO PIN END OFN PIPES

LOSS ON VESSEL VEGA TAURUS

DAMAGE TO PIN END OFN PIPES

CONSIGNMENT FELL FROM TRUCK DAMAGE TO 4COIL OF 25.510 MT DUE TO RTA ON TRUCK

FIRE

THEFT

FIRE

CAPSIZING OF VESSEL

ACCIDENT

PLANE CRASH AT IJU AREA

FIRE

FIRE TO GUNBOAT

FLOOD

DAMAGE TO STOCK

LEAKAGE

Damage to MV Odianosen

RUNWAY INCIDENT TO AIRCRAFT

VANDALIZATION OF VESSELDAMAGE TO STOCK OF DECAVET

DAMAGE TO BAGS OF RICE FULL & FINAL SETTLEMENT OF LOSS OF AGO

LOSS OF CONSIGNMENT OF ORANGE EMULSION CONCENTRATE

DAMAGE TO MV ODIANOSEN

DAMAGE TO MV ODIANOSENPIRATE ATTACK LEADING TO VANDALIZATION OF MV BULTER SPIRITACCIDENTAL DAMAGE TO MARINE HULL "MV BUTLER SPIRITDAMAGE TO DA42 (TWIN ENGINE)

FIRE

FIRE

FIRE

SINKING OF M/V KINGS

DAMAGE TO ALTERNATOR

GENERAL AVERAGE DECLARATION

DAMAGE TO CONTAINER DAMAGE TO KILN STOP WHEEL STATION AND FLAP VALVE

ARMED ROBBERY INCIDENTDAMAGE TO GUINESS PRODUCT WHILE ON TRANSIT

ACCIDENT

ACCIDENTLOSS OF PRODUCTS AS A RESULT OF ACCIDENTCHOPPER CRASH

FIRE AT HANGERFAILURE OF TUG'S STEERING

DAMAGE TO MARINE CARGO

ACCIDENT

4,873,973.52

27,661,000.00

3,803,037.89

37,147,372.50

56,407,911.22

11,248,992.13

12,746,417.65

9,803,710.28

43,812,800.00

4,176,228.25

3,527,214.08

27,497,285.48

3,746,709.54

18,835,453.10

3,746,709.54

5,292,540.00

5,143,605.64

58,625,000.00

7,650,000.00

98,500,000.00

3,647,007.00

26,038,623.00

5,092,593.00

41,560,331.27

5,637,369.91

47,687,864.25

5,124,890.69

6,664,139.49

14,501,114.16

27,383,000.00

8,340,797.07

5,120,641.66

3,767,090.62

145,564,894.00

10,151,426.00

22,044,496.83

6,671,023.15

8,850,024.55

8,578,237.05

3,543,580.00

67,285,323.68

68,775,000.00

17,121,817.25 7,226,895.94

5,313,302.43

4,924,449.75

4,068,695.03

3,682,268.52

12,167,157.17

5,589,832.27

4,952,000.00

3,844,700.00

3,624,165.00

12,791,210.00

10,948,588.23

6,061,512.50

4,561,432.52

4,568,022.40

13.01.15

13.08.15

19.05.15

20.02.15

08.06.15

08.09.15

27.05.15

17.04.15

12.08.15

15.05.15

05.06.15

12.06.15

09.07.15

26.08.15

28.08.15

17.09.15

30.10.15

20.01.15

13.07.15

04.08.15

11.12.15

02.02.15

29.07.15

19.11.15

02.07.15

03.06.15

13.05.15

12.11.15

15.04.15

27.08.15

13.08.15

28.05.15

07.09.15

04.09.15

18.12.15

02.04.15

08.07.15

30.09.15

02.10.15

09.01.15

01.06.15

01.07.15

01.10.1524.03.15

19.10.15

21.07.15

02.02.15

29.10.15

24.06.15

20.05.15

14.10.15

14.10.15

18.02.15

24.08.15

27.04.15

13.03.15

13.05.15

21.01.15

12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758

119


MARINE AND AVIATION


120

5960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117









Nigerian Agric. Ins.Corp.

NSIA Insurance Co. Ltd

NSIA Insurance Co. Ltd







STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

Sterling Ass. Nigeria Ltd


Wapic Insurance Plc

Wapic Insurance Plc

Wapic Insurance Plc

Wapic Insurance Plc

Zenith Gen. Ins.Company Ltd.














AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

BRISTOW HELICOPTERS NIGERIA LTD

OVERLAND AIRWAYS LIMITED.

BRISTOW HELICOPTERS NIGERIA LTD

STARZS INVESTMENTS COMPANY

AFRICAN CIRCLE POLLUTION

GOBEL MARINE SERVICES LIMITED

E. A. TEMILE AND SONS DEVELOPMENT

COASTLAND ENERGY LOGISTICS

Umza International Farms Limited

SETRACO NIGERIA LIMITED

HYDE ENERGY LTD

DANA AIRLINES LIMITED

BRISTOW HELICOPTER

NNPC

HYDROCHINA HUADONG ENG. CORP.

COMPACT MANIFOLD ENG SER.

Bristow Helicopter Nig.ltd

JEVKON OIL & GAS LTD

WACOT RICE LTD

A. G. BUTLER NIGERIA LIMITED

AQUASHIELD OIL AND MARINE SERVICES LTD

DAMCO LOGISTICS NIG. LTD.

GLOBAL WEST VESSEL SPECIALIST LIMITED

FAREAST MERCHANTILE CO. LTD


BRISTOW HELICOPTERS LIMITED

BRISTOW HELICOPTER NIG. LTD./PAN AFRICAN

AIRWAYS LTD.

ASPEN PHARMACARE LIMITED

BRISTOW HELICOPTERS

BRISTOW GROUP INC

THE FEDERAL REPUBLIC OF NIGERIA

BRISTOW HELICOPTERS NIG. LTD

FAR EAST STEEL AND CON. INDUSTRY FZE

NIG CARTON & PACKAGING MFG CO LTD

NKRAH MARINE LTD

PARDEE FOODS NIGERIA LIMITED

FOUANI NIG LTD


KENOL NIGERIA LTD

FOUANI NIGERIA LTD

RAGI INDUSTRIES LIMITED

NIGERIAN CARTON & PACKAGING MFG. CO.

MKRAH MARINE LTD

SUMO STEELS LIMITED

WACOT RICE LIMITED

NIGERIAN CARTON & PACKAGING MFG CO

KNEIPE NIGERIA LIMITED

BARBEDOS GROUP LIMITED


MATRIX ENERGY LIMITED

UNITED CEMENT OF NIG. LIMITED

KAM INDUSTRIES NIGERIA LTD.

FLOUR MILLS NIG. PLC.

ARCO MARINE & OILFIELD SER. LTD

WACOT RICE

UNITED CEMENT CO. OF NIG. LTD

POWERCHINA HUADONG ENGINEERING

CORPORATION/PHCN

NKRAH INVESTMENT LIMITED N/A

NKRAH INVESTMENT LIMITED N/A

ACCIDENT

ACCIDENT

FIRE DAMAGE

ACCIDENTAL DAMAGE

ACCIDENTAL DAMAGE

COLLISION

ACCIDENTAL DAMAGE

PIRATE ATTACK

Marine cargo damage

GENERAL AVERAGE

LOSS OF CONSIGNMENT

PLANE CRASH

FIRE DAMAGE TO AIRCRAFTS

AX IN RESPECT OF NNPC AIRCRAFT

HAWKER

DAMAGE TO THRUST COLLAR

FORCE DAMAGE DUE TO HEAVY SEA

WELL

Damage to aircraft

DAMAGE TO INSURED VESSEL

DAMAGE TO BAGS OF RICE

DAMAGE TO BUTLER FAVOUR BARGE

DAMAGE TO MV AQUA GUARDIAN

LEAKING CONTAINERS

FIRE DAMAGE

INFESTATION OF STOCK

LIABILITY CLAIM OF DANA AIR

CRASH OF 3RD JUNE, 2012

LOSS OF LICENSE

HANGER FIRE AFFECTING

HELICOPTER SAS331 5N-BNC & 5NBGP

DAMAGE TO STOCK OF DECAVET

IMPORTED FROM EGYPT AS PER

CERT.NO. 31548

LOSS OF LICENSE

Fire Damage

Accidental Damage

Accidental Damage

Accidental Damage

DAMAGE TO REELS

FIRE INCIDENT ON BOARD

DETENTION OF CONTAINERS

MISSING 40FT CONTAINER

DAMAGE TO JACK UP

DAMAGE TO TRANSFORMER

MISSING CONTAINER

WATER DAMAGE

DAMAGED REELS

FIRE INCIDENT ON BOARD

ACCIDENTAL DAMAGE

DAMAGE TO BAGS OF RICE

DAMAGE TO REELS

MISSING CONTAINER

DAMAGE TO THE NOSE GEAR

AIR CRASH TO AIR CRAFT 5N-RAM

LOSS OF AGO DURING DISCHARGE

FROM THE SENTINEL

DAMAGE TO KILN ROLLER

DAMAGED COLD ROLL COILS

WATER DAMAGE TO CONSIGNMENT

OF NOODLES

PORT MAIN DAMAGE TO ARCO FCB

LOSS OS CONSIGN.

DAMAGE TO CONSIGNMENT

DAMAGE TO THRUST COLLAR

FIRE

FIRE

17,501,734.40

31,851,020.80

4,728,902.40

8,178,119.74

4,342,500.00

14,594,850.00

28,203,955.59

5,884,351.00

32,317,118.65

4,895,014.80

11,816,455.67

38,233,206.00

21,549,010.48

7,572,140.22

63,252,000.00

4,071,637.50

3,828,504.75

9,928,754.79

7,534,181.24

7,432,884.00

6,830,928.76

6,664,139.49

5,256,349.76

4,202,530.69

7,769,520.00

7,680,000.00

4,764,847.30

5,136,664.59

5,760,000.00

15,209,472.26

5,652,200.31

4,358,400.00

5,440,075.95

12,280,145.42

8,793,750.00

6,447,331.00

7,656,927.22

4,258,484.52

30,728,321.10

10,252,259.32

13,112,278.17

6,139,715.51

14,775,000.00

4,011,018.75

8,347,869.22

4,426,279.29

18,417,249.32

11,233,449.00

15,467,850.00

5,540,455.93

5,649,402.78

6,157,970.92

6,426,626.71

6,832,251.20

8,438,279.00

11,557,241.22

30,120,000.00

56,000,000.00

80,000,000.00

23.04.15

11.08.15

26.10.15

18.02.15

04.03.15

22.05.15

12.06.15

01.12.15

18/02/2016

24.08.15

16.12.15

13.07.15

21.05.15

18.05.15

18.02.15

29.01.15

01.03.15

18.12.15

08.09.15

05.01.15

06.05.15

10.09.15

05.01.15

04.09.15

19.11.15

05.01.15

27.04.15

01.04.15

29.09.15

21.03.14

18.02.14

12.08.15

28.04.15

01.01.15

01.02.15

01.05.15

01.05.15

01.06.15

01.06.15

01.07.15

01.07.15

01.08.15

01.08.15

01.09.15

01.09.15

01.10.15

01.10.15

02.10.15

26/06/2015

12.01.15

11.06.15

23/03/2015

11.12.15

18/06/2015

31/08/2015

12.08.15

27/02/2015

02.10.15

20/08/2015



OIL AND GAS

121
































FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

GREAT NIG. INS. PLC

GREAT NIG. INS. PLC

GREAT NIG. INS. PLC



NNPC

NIGERIAN NATIONAL PETROLEUM CORPORATION

STERLING OIL EXPLORATION AND ENERGY PROD. LTD




MERCATOR OFFSHORE (NIGERIA) PTE LTD AND/OR

MERCATOR LINES LIMITED

MONI PULO LTD AND BRASS EXPLORATION UNLIMITED

STERLING OIL EXPLORATION & ENERGY PRODUCTION

NNPC CIP

NNPC CIP

NNPC CIP

NNPC CIP

NNPC CIP

NNPC CIP

NNPC CIP


CHEVRON NIGERIA LIMITED

NNPC CIP

NNPC CIP

NNPC CIP

NNPC CIP

NNPC CIP

ESSO EXPLORATION AND PRODUCTION NIG. ENERGY

PACKAGE INS.(OPERATIONAL)

TOTAL E&P NIG LTD OML 58 UPGRADE

HENAN PETROLEUM COMPANY NIGERIA LIMITED

SEAWOLF OILFIELD SERVICES LIMITED

TOTAL E&P NIG LTD OML 58 UPGRADE

MERCATOR OFFSHORE NIGERIA PTE LTD

STERLING OIL EXPLO & ENERGY CO

NIGERIAN NAT. PETROLEUM CORP.

STERLING OIL EXPLORATION ENERGY PRDTN

NNPC/ADDAX

Mercator Offshore (Nig) PTE

NIGERIA NATIONAL PETROLEUM CORPORATION

NNPC/CIP

STERLING OIL EXPLORATION & ENERGY PRODUCTION

MOBIL PRODUNCING NIGERIA



EXPLOSION OF THE KS ENDEAVOUR

Damage

Damage

Damage

Damage

Damage

Damage

INCIDENTAL RUPTURE

FLOOD DAMAGE

EDOP PLATFORM INCIDENCE N/A




DAMAGE TO 12" OIL PIPELINE RUPTURE



DAMAGE TO 12" GAS LIFT RISER

EXPLOSION OF THE KS ENDEAVOUR JACK-

UP DRILLING RIG IN FUNIWA FIELD



PIPELINE BUCKLE INCIDENT AT OML 123

LOCATION-6" EBUGU GAS LIFT LINE



COLLISSION INCIDENT

FLOODING OF OML 58 OBAGI FLOW

STATION & OFFICES.

THEFT AND VANDALISATION OF CABLES

LOSS INCIDENT ON JU ONOME

FLOODING OF OML 58 OBAGI FLOW

STATION & OFFICES.

DAMAGE TO EXPORT HOSE SUBMERGED

FLOOD

DAMAGE TO PROPERTY

Crude Oil Spillage

Damage to 12 gas lift

Damage to export hose sub-merged

DAMAGE TO 12"GAS LIFT AT ADR

EXPLOSION AT OIL RIG KS ENDEAVOUR

JACK UP DRILL IN FUNIWA FIELD

FLOOD DAMAGE TO INSURED'S RIG SITE

FACILITIES AT KWALE FLOW STYATION

DSV ORION ANCHOR CABLE DRAGGED

MPN OSO RB PLATFORM CONDENSATE

PIPELINE

PROPERTY DAMAGE

PROPERTY DAMAGE

6,175,487.50

8,409,820.06

7,419,428.40

21,462,320.25

22,552,566.14

6,574,939.09

9,688,354.80

10,513,653.60

6,537,343.80

31,534,010.04

92,106,529.32

31,534,010.04

92,106,529.32

27,493,451.25

14,142,294.45

14,142,294.45

125,800,870.70

64,025,000.0011,775,112.00

11,775,112.00

34,303,680.92

11,775,112.00

11,775,112.00

12,787,979.20

6,718,140.00

5,431,500.00

4,382,462.00

19,539,897.30

12,787,979.20

56,154,108.67

6,819,476.40

5,301,750.40

4,453,833.85

6,393,989.60

4,454,967.4015,477,000.00

26,940,676.55

35,248,170.70

3,655,410.69

4,983,002.24

20/10/2015

6/2/2015

3/18/2015

11/13/2015

6/30/2015

1/5/2015

9/4/2015

6/1/2015

1/23/2015

2/10/2015

2/10/2015

2/10/2015

2/10/2015

3/5/2015

3/16/2015

3/16/2015

6/1/2015

6/1/2015

6/30/2015

6/30/2015

7/9/2015

7/31/2015

7/31/2015

9/15/2015

2/20/2015

6/22/2015

7/27/2015

11/9/2015

12/31/2015

1/29/2015

5/13/2015

1/22/2015

7/23/2015

9/7/2015

9/16/2015

1/30/2015

1/30/2015

2/19/20151/6/2015

6/16/2015

1

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3

4

5

6

7

8

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40

GREAT NIG. INS. PLC































STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc




Wapic Insurance Plc

Wapic Insurance Plc


OIL AND GAS

122

41

42

43

44

45

46

47

48

49

50

51

52

53

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56

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80


NIGERIA NATIONAL PET. CORPORATION

NIGERIA NATIONAL PET. CORPORATION

MONI PULO LTD / BRASS EXPLORATION UNLIMITED

MERCATOR OFFSHORE NIG. PTE LTD

TOTAL E & P NIGERIA LIMITED

MOBIL PRODUCING

NECONDE ENERGY LTD

WALTERSMITH PETROMAN

NIGER DELTA POWER HOLDING

NECONDE ENERGY LIMITED

NIGERIAN NATIONAL PETROLEUM

MERCATOR OFFSHORE (NIG) PTE LTD

TOTAL E & P NIGERIA LTD

CHEVRON NIG LTD

NNPC

NNPC

SEAWOLF OILFIELD SERVICES LTD

NIGERIA NATIONAL PET CORP

NNPC

NNPC

NNPC

SHELL PET DEV CO OF NIG

MERCATOR OFFSHORE PTE LTD/ OR MERCATOR LINE

BRISTISH OIL AND GAS EXPLORATION

BRISTISH OIL AND GAS EXPLORATION

NNPC/ADDAX PETROLEUM DEV. LTD

NNPC/ADDAX PETROLEUM DEVELOPMENT LIMITED

NIGERIA NATIONAL PETROLEUM CORP

STERLING OIL EXPLORATION AND ENERGY

PRODUCTION CO. LTD.




MERCATOR OFFSHORE (P) PTE LIMITED


NNPC

NNPC

STERLING OIL EXPLORATION & ENERGY PROD

NIGERIA NATIONAL PETROLEUM CORPORATION


PROPERTY DAMAGE

DAMAGE TO 12'' GAS LIFT AT ADR- 1

INCIDENT ON 6" EBUEBU GAS LIFT LINE

INCIDENTAL RUPTURE OF PIPELINE


FLOODING OF OML 58 OBAGI BASE FLOW

STATION & OFFICES

PIPELINE DAMAGE

ACCIDENT

FIRE

FIRE

FIRE

ACCIDENTAL DAMAGE

ACCIDENTAL DAMAGE

FLOOD DAMAGE


UP DRILLING RIG IN THE FUNIWA FIELD

162500DOLLARS@197

EXPLOSION OF THE KS ENDEAVOUR JACK


@197 DOLLARS

DAMAGE TO TANK 3 (WASH TANK) @

OGBOGU @197 DOLLAS

FIRE INCIDENT IN THE TRANSFORMER

ROOM OF JACK UP RIG JU ONOME @197

PER DOLLAR

EXPLOSION OF THE KS ENDEAVOUR JACK -

UP DRILLINF RIG IN THE FUNIWA FIELD


@197 DOLLARS



@197 DOLLARS



@197 DOLLARS

GBORON UBIE RIVER BANK PROTECTION

FAILURE @180 PER DOLLAR

DAMAGE TO EXPORT HOUSE SUBMERGED

IN WATER

DAMAGE DUE TO FLOODING AT


DAMAGE DUE TO FLOODING AT


DAMAGE TO "12" AND -B TO ADRP-1 GAS

LIFT RISER @187

DAMAGE TO '6' EBUGBU GAS LIFT

PIPELINE @ 197

DAMAGE TO 12' GAS LIFT AT ADR 1

FLOOD DAMAGE


UP DRILLING THE FUNIWA

DAMAGE TO 12 GAS LIFT RISER AT ADR

flooding of obagi base flowstation and offices


DAMAGE TO PRODUCTION PIPEWORK

FOLLOWING PRESSURE SURGE

EXPLOSION OF KS ENDEAVOUR JACK OIL

RIG IN THE FUNIWA FIELD

DMG TO 12'GAL LIFT @ ADR

FLOOD DAMAGE TO RIG SITE % FACILITIES

Accidental Damage

Fire Damage

14,887,676.12

26,185,686.12

16,067,329.74

4,226,808.96

6,426,446.40

21,710,997.00

57,627,493.77

34,416,715.62

24,920,000.00

21,666,825.60

4,670,632.00

12,091,513.60

7,789,632.00

6,890,400.00

32,012,500.00

26,792,000.00

25,610,000.00

20,047,446.93

19,700,000.00

19,700,000.00

19,700,000.00

16,548,000.00

12,463,200.00

11,944,102.40

10,000,000.00

8,049,260.00

7,065,980.13

3,996,546.88

7,424,945.07

60,763,037.31

19,008,000.00

11,947,927.58

8,772,120.19

7,276,446.40

4,397,659.26

6,217,231.09

11,864,797.72

6,579,249.85

20,249,507.86

7,551,827.12

9/16/2015

9/4/2015

9/4/2015

9/4/2015

10/15/2015

12/3/2015

3/1/2015

8/1/2015

4/1/2015

6/5/2015

6/11/2015

8/11/2015

9/21/2015

10/20/2015

7/27/2015

6/30/2015

5/18/2015

7/5/2015

9/9/2015

5/18/2015

8/31/2015

12/3/2015

1/28/2015

11/19/2015

4/17/2015

2/16/2015

10/20/2015

8/17/2015

5/11/2015

3/13/2015

3/23/2015

9/3/2015

11/19/2015

11/18/2015

4/16/2015

3/27/2015

9/29/2015

2/2/2015

9/6/2013

5/23/2014


OIL AND GAS

123


Wapic Insurance Plc

Zenith Gen. Ins. Company Ltd.



AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

AIICO Insurance Plc

MONI PULO LIMITED AND BRASS EXPLORATION

UNLIMITED

STERLING OIL & EXPLORATION ENERGY

NIFERIAN NATIONAL PETROLEUM CORP

MERCATOR OFFSHORE


NNPC-CIP

NNPC-CIP

NNPC-CIP

NNPC-CIP

NNPC-CIP

MERCATOR OFFSHORE (NIGERIA) PTE LTD AND / OR

OILMAX ENERGY LTD

NNPC-CIP

CHEVRON NIGERIA CLOSED PENSION FUND

ADMINISTRATOR (CNCPFA)

STERLING OIL GROUP OF COMPANIES & ASSOCIATES

Impact Damage

FLOOD DAMAGE

DAMAGE TO 12'' GAS LIFT


FIRE INCIDENT

FLOODING

EDOP PLATFORM INCIDENT

DAMAGE TO 12'' OIL PIPELINE

FLOODING

PIPELINE BUCKLE INCIDENT


IN WATER ON EBOK FIELD

DAMAGE TO PRODUCTION RISER

FIRE INCIDENT ON FUNIWA FIELD

DAMAGE TO RIG SITES AND FACILITIES

4,258,830.24

5,827,783.95

14,887,676.12

9,590,984.40

4,670,632.00

5,191,725.00

8,725,515.00

10,879,201.50

11,897,187.75

13,524,688.00

20,772,352.00

24,183,028.80

24,375,000.00

75,430,891.50

5/17/2009

3/1/2015

6/1/2015

9/1/2015

29/06/2015

29/07/2015

5/1/2015

10/2/2015

27/11/2015

26/06/2015

22/09/2015

18/06/2015

30/04/2015

10/2/2015

81

82

83

84

85

86

87

88

89

90

91

92

93

94

MISCELLANEOUS


7/8/2015

8/20/2015

9/29/2015

7/7/1905

15/05/2015

4/3/2015

8/10/2015

8/18/2015

30/06/2015

22/06/2015

2/13/2015

8/14/2015

9/1/2015

7/6/2015

10/20/2015

8/13/2015

8/21/2015

10/15/2015

7/1/2015

9/30/2015

8/27/2015

1/13/2015

10/14/2015

9/30/2015

3/30/2015

5/21/2015

10/28/2015

6/1/2015

5/21/2015

8/26/2015

7/14/2015

1/27/2015

9/11/2015

3/23/2015

3/23/2015

3/24/2015

6/11/2015

3/31/2015

11/26/2015

1/23/2015

25,992,078.19

20,000,000.00

23,676,504.01

20,000,000.00

19,052,114.04

9,396,000.00

6,431,848.70

5,785,540.81

5,041,937.00

4,190,185.13

13,200,000.00

4,139,557.03

3,767,090.62

3,886,000.00

5,499,199.87 5,071,204.05 7,399,407.60

3,856,685.96

4,144,000.00

11,590,961.32

5,659,013.75

5,527,701.07

4,421,547.00

3,779,168.60

3,505,565.22

4,326,392.31

3,978,000.00

6,761,605.40

6,218,044.79

14,657,142.86

8,000,000.00

27,511,161.73

114,743,682.00

20,219,225.50

10,219,225.50

10,219,225.50

9,850,451.40

6,608,056.00

6,000,000.00

4,460,313.00

CALL ON CREDIT BOND ISSUED

CREDIT BOND DEFAULT

CREDIT BOND DEFAULT

DEFAULT ON PERFORMANCE BOND

FRAUD

THEFT OF VEH.

THEFT

BREACH OF CONTRACT

BEING COLLISION BETWEEN MRV ATYPOU

VESSEL AND MV UCHENNA BOAT

MISSING BATTERIES AT SUPERFLUX

WAREHOUSE

CONSEQUENTIAL LOSS FOLLOWING FIRE

MISSING BATTERIES AT SUPERFLUX

LOSS ON CONSIGNMENT

SUNK EQUIPMENT NBTC FLOATIN DOCK SBI

FLOOD DAMAGE AT TROPICANA

MISAPROPRIATION OF STOCK /CASH

THEFT

THEFT

ACCIDENT

ADVANCED PAYMENT BOND( UNPAID

CAPITATION FOR 2012 INSURANCE POLICY

PERIOD)

DAMAGE TO CONTAINER LOADED

DAMAGE TO THE INSURED'S BUILDING AS A

RESULT OF ARMED ROBBERY ATTACK AT

MAKARFI BRANCH

DAMAGE TO GOODS IN TRANSIT

THEFT OF CONDUCTORS

DAMAGE TO ROOF AND WAREHOUSE

ARMED ROBBERY ATTACK

ARMED ROBBERY

MISSAPROPRIATION OF STOCK/ CASH

FRAUD

RECALL OF ADVANCE PAYMENT BOND

FAILED CONTRACT

DEFAULT

BUSINESS INTERUPTION FOLLOWING FIRE AT

TOWER ALUMINIUM ROLLING MILLS OTA

ARMED ROBBERY ATTACK

ARMED ROBBERY

ARMED ROBBERY ATTACKJ

FRAUD

DAMAGE TO MACHINE

DAMAGE TO VARIOUS T/P VEHICLES AND

INJURED TO T/P AS A RESULT OF BLASTING

AT INSURED KEFFI SITE

CONSEQUENTIAL LOSS AS A RESULT OF

BREAKDOWN OF CAT 6.2MW GENERATOR


1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

Anchor Insurance Company Ltd


















Industrial and General Ins. Plc

KBL Insurance Limited





















ANUMUSHI NIGERIA LIMITED

ANUMUSHI NIG. LTD / FUND QUEST FIN. SERVICES

ANUMUSHI NIG. LIMITED/FUNDQUEST

GREYWINGS TRAVEL SERVICES LIMITED

UNION BANK OF NIGERIA PLC

SELJAY NIGERIA LIMITED

ENERGO NIG. LTD/ENERGO

MANAGEMENT GROUP

THE INFRASTRUCTURE BANK

PLC/VARIOUS CLIENTS

GREENSPEED OCEAN LINES LIMITED

MTN NIGERIA COMMUNICATIONS LTD

DANGOTE SUGAR REFINERY PLC

MTN COMMUNICATIONS NIG. LTD

WACOT RICE LTD

NIGER BENUE TRANSPORT


THE CANDEL COMPANY LTD

TRIDENT MARKETING LIMITED

ENERGO NIGERIA LIMITED

NIG. AVIATION HANDLING

UNIC HEALTH SERVICES/ NATIONAL

HEALTH INSURANCE SCHEME

MOBIL OIL NIG. PLC/KNIGHT BRIDGE LTD

KEYSTONE BANK LIMITED

MANARAT GLOBAL RESOURCES LTD

ENERGO NIG LIMITED

DUFIL PRIMA FOODS PLC

Ecobank Nigeria Plc

First Bank of Nigeria Limited

The Candel Coy Ltd And Associated Companies

Union Bank of Nigeria Plc

Maggiore Structures

MAC-RADAT VENTURES LTD

DADA MOTORS

TOWER ALUMINIUM NIG.PLC

DIAMOND BANK PLC

DIAMOND BANK PLC

DIAMOND BANK PLC

INFINITY TYRES LIMITED

RO-MARONG (NIG) LTD.

SETRACO NIG. LTD

LAFARGE AFRICA PLC

124



125

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73





















STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc

STACO Insurance Plc







AIICO Insurance Plc

AIICO Insurance Plc

TSL Logistics Ltd

NNPC

Zinox Tech/Task Systems

Nigeria National Petroleum Corp. & Sub

Nigeria National Petroleum Corp. & Sub

Oando Plc & Subsidiaries

Monipulo Ltd & Brass Exploration

NNPC & Sub

NNPC & Sub

Neconde Energy Ltd

Mtn Communications/Chartered loss

E.A Temile & sons/Bureau De Maritime

Murphy Shipping & Company

Dangote Cement($33,284.58)

Overland Airways Limited

Bourbon Interoil

Far East Mecantile Company

Mercator Offshore PTE. Limited

Total E & P Nigeria Limited

Swifttrail Services

NKRAH INVESTMENT LIMITED


COTOJA PHARMACEUTICALS

CRITICS FACILITIES

BASE 4 INVESTMENTS NIG. LTD

FOLIZIT NIGERIA LIMITED

CYMBA MINING INTERNATIONAL LTD

ZENITH BANK PLC / FIRST FALCON LTD

ZENITH BANK PLC / JISONS VENTURES & INVEST LTD

ZENITH BANK PLC / GENTLE KINGS RESOURCES LTD

ZENITH BANK PLC / TELECOM CENTRE LTD

DAMSU NIGERIA LIMITED

INFRASTRUCTURE BANK/ DADA

TRANSPORT

IFEJIKA NWAMAKA JOY

Damage

Damage

Burglary

Damage

Damage

Damage

Damage

Damage

Damage

Damage

Missing Items

collision

Missing Items

Damage

damage

damage

damage

Damage

Damage

damage

FIRE

EXPLOSION OF THE KS ENDEAVOUR JACK-UP

DRILLING RIG IN THE FUNWA FIELD

DEFAULT/CALL UP OF CREDIT BOND

FAILURE TO PERFORM ACCORDING TO TERMS AND CONDITIONS

CREDIT BOND 4

CREDIT BOND1

CALL UP OF COUNTER GUARANTEE BOND

CALL UP OF COUNTER GUARANTEE BOND

CALL UP OF COUNTER INDEMNITY BOND

CALL UP OF COUNTER INDEMNITY BOND

CALL UP OF INSURANCE BOND

CALL UP OF INSURANCE BOND

CLAIM IN RESPECT OF CREDIT BOND

ILLNESS FROM OVARIAN CARCINOMA

4,819,915.00

4,849,417.68

5,887,903.70

10,179,767.50

11,210,921.75

29,646,122.89

3,735,816.00

10,354,839.25

13,225,093.00

22,988,266.00

12,327,181.56

14,101,977.85

3,627,423.00

6,656,916.00

55,600,000.00

3,699,824.37

4,202,530.70

6,491,360.00

8,772,120.00

5,754,137.40

42,000,000.00

7,714,910.06

20,000,000.00

7,447,902.00

7,275,000.00

4,232,000.00

3,500,000.00

4,008,000.00

4,035,798.66

4,162,900.00

13,500,000.00

10,354,090.97

5,785,540.80

3,500,721.52

1/1/2015

2/1/2015

4/1/2015

4/1/2015

4/1/2015

5/1/2015

6/1/2015

6/1/2015

6/1/2015

6/1/2015

7/1/2015

7/1/2015

8/1/2015

8/1/2015

8/1/2015

9/1/2015

9/1/2015

10/1/2015

10/1/2015

12/1/2015

5/15/2015

10/23/2015

1/14/2015

10/12/2015

4/15/2015

4/15/2015

4/1/2015

7/1/2015

9/1/2015

9/1/2015

11/1/2015

12/1/2015

17/11/2015

30/12/2015

MISCELLANEOUS



1234567

89

10111213141516171819202122232425262728293031323334353637383940414243444546474849

GROUP LIFE

1/9/2015

1/22/2015

2/2/2015

2/25/2015

3/4/2015

3/16/2015

3/17/2015

3/20/2015

3/30/2015

4/7/2015

4/9/2015

4/10/2015

4/12/2015

4/21/2015

4/22/2015

5/6/2015

5/7/2015

5/12/2015

5/12/2015

5/12/2015

5/12/2015

5/12/2015

5/13/2015

9/30/2015

12/16/2015

7/21/2015

12/9/2015

9/23/2015

4/30/2015

7/6/2015

4/30/2015

7/6/2015

7/21/2015

7/6/2015

7/6/2015

4/13/2015

9/21/2015

2/18/2015

12/17/2015

3/24/2015

4/13/2015

2/13/2015

4/13/2015

12/9/2015

3/25/2015

2/11/2015

3/24/2015

5/26/2015

1/8/2015

90,487,761.08

49,991,106.00

13,365,000.00

8,668,119.00

7,560,000.00

7,443,253.79

7,089,420.00

5,470,410.00

5,435,172.00

5,264,204.18

4,960,359.00

4,960,359.00

4,821,509.29

4,740,252.45

4,616,330.40

4,527,452.52

4,306,796.37

4,231,637.51

4,227,637.00

4,099,272.39

3,938,505.00

3,707,633.30

3,620,949.53

3,586,680.98

3,503,348.94

17,071,636.20

6,984,648.00

94,958,904.97

5,004,000.00

12,190,531.20

8,735,958.00

4,730,601.15

3,980,015.97

3,979,250.00

11,842,435.20

200,000,000.00

51,856,535.97

4,015,327.20

3,960,000.00

12,000,000.00

13,200,000.00

13,500,000.00

6,308,496.00

5,734,037.43

7,904,929.50

50,288,863.03

32,492,934.52

7,083,849.78

13,523,701.55

Group Life Assurance

























GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

ARM Life Plc

Capital Express Ass. Ltd
























ASSET & RESOURCE MANAGEMENT CO. LIMITED

INEC : POLITICAL HOLDERS AND AIDES

NIGER DELTA POWER HOLDING COMPANY

INDEPENDENT NATIONAL ELECTORAL COMMISSION (INEC)

SILVERBIRD COMMUNICATIONS LIMITED



WATER AID-NIGERIA


DANGOTE CEMENT PLC- OBAJANA TRANSPORT STAFF

INDEPENDENT NATIONAL ELECTORAL COMMISSION(INEC)

INDEPENDENT NATIONAL ELECTORAL COMMISSION(INEC)


MAERSK NIGERIA LIMITED

HERCULE OFFSHORE NIGERIA LIMITED

LASACO ASSURANCE PLC

INTELS NIGERIA LIMITED


SECURITY EXCHANGE COMMISSION



NIGERIAN MARITIME ADMINITRATION & SAFETY AGENCY

PROMASIDOR NIGERIA LTD


NIGERIAN MARITIME ADMINITRATION & SAFETY AGENCY

NIGERIAN ARMED FORCES

Winorac Engineering & Technical Services Ltd

CORPORATE AFFAIRS COMMISSION (CAC)

Rolled Steel Products Ltd

Sterling Assurance Ltd

JSI Research & Training Institute

ASSOCIATED MARITIME SERVICES

Enterprise Bank

BENUE STATE UNIVERSITY, MAKURDI


NATIONAL YOUTH SERVICE CORPS (NYSC)

Nigerian National Petroleum Corporation (NNPC)

Nem Insurance Plc

GUMEZ INVESTMENT CO. LTD

National Association of Seadogs

NIgerian Union of Teachers

CRS COMMUNITY & SOCIAL DEVELOPMENT AGENCY

DEPARTMENT FOR INTERNATIONAL DEVELOPMENT

Federal Ministry of Aviation

Federal Ministry of Defence

Office of the Secretary to the Government of the Federation

Federal Ministry of Health

Federal Ministry of Information

Nig. Agip Oil Company Ltd

126



51525354555657

58596061626364656667686970

7172737475767778798081828384858687888990919293949596979899100

127

GROUP LIFE



















































Federal Ministry of Finance

Federal Ministry of Agriculture & Rural Development

Halogen Security

Keystone Bank Limited (SALAD)

ECOBANK NIGERIA PLC

Weafri Well Services Company Ltd

ABUJA ELECTRICITY DISTRIBUTION COMPANY

Saipem Contracting Nigeria Ltd

CENTRAL BANK OF NIGERIA (CBN)

Federal College of Education, Eha-Amufu

ALCON NIGERIA LIMITED

Prime Services Fze

OFFICE OF THE HEAD OF CIVIL SERVICE OF THE FED.

BRISTOW HELICOPTER NIGERIA LIMITED

BRITISH HIGH COMMISSION

DAEWOO NIGERIA LIMITED

IBADAN ELECTRICITY DISTRIBUTION COMPANY

ABC TRANSPORT PLC/RAPIDO VENTURES

PARAMILITARY AGENCIES OF THE INTERIOR

Mobil Producing Nig Unlimited

National Pension Commission

Ocean & Marine Security Ltd

APM TERMINALS APAPA LIMITED

FEDERAL MINISTRY OF SCIENCE AND TECHNOLOGY

G4S Secure Solutions Nigeria Ltd

KEYSTONE BANK LIMITED

Industrial Training Fund


SCHNEIDER ELECTRIC NIGERIA LIMITED

NIGERIA LNG LIMITED








NIGERIA INTER BANK SETTLEMENT SYSTEM PLC

THE WEST AFRICAN EXAMINATION COUNCIL

OILSERV LIMITED

EXECUJET AVIATION LIMITED

HOS-NATIONAL DRUG LAW ENFORCEMENT AGENCY

POWEREX LIMITED








GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

19,071,953.10

58,105,359.96

7,854,000.00 8,059,259.50 5,565,178.58 4,825,909.08

18,042,457.44 17,422,138.20 14,010,870.10 11,849,187.40 3,853,796.83

6,627,600.00

6,056,428.02

10,089,146.07

3,814,056.00

4,140,014.40

5,228,746.02

5,039,413.19

7,584,894.90

6,573,046.91

7,245,501.51

17,901,000.00

4,931,925.12

10,740,308.26

7,020,000.00

5,914,057.58

62,397,345.68

8,547,634.80

16,509,397.66

17,658,176.53

10,578,229.63

9,210,981.89

8,426,176.13

5,800,796.54

5,323,888.99

5,184,614.72

3,730,617.70

8,321,708.00

3,558,945.38

19,440,000.00

12,441,600.00

14,011,499.88

8,316,000.00

10,590,631.85

10,471,977.41

10,081,909.54

9,745,875.84

8,358,574.85

6,182,310.53

4,948,595.62

5/13/2015

5/14/2015

5/28/2015

6/19/2015

6/23/2015

6/26/2015

7/6/2015

7/14/2015

7/24/2015

8/4/2015

8/7/2015

8/24/2015

9/1/2015

9/8/2015

10/6/2015

10/9/2015

10/13/2015

10/19/2015

10/19/2015

10/26/2015

10/26/2015

10/26/2015

10/27/2015

11/2/2015

11/9/2015

11/16/2015

12/30/2015

1/16/2015

2/9/2015

2/16/2015

3/3/2015

3/3/2015

3/3/2015

3/3/2015

3/3/2015

3/3/2015

3/3/2015

3/5/2015

3/5/2015

4/10/2015

4/16/2015

4/22/2015

4/24/2015

4/28/2015

4/28/2015

4/28/2015

4/28/2015

4/28/2015

4/28/2015

4/28/2015


128


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131

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135

136

137

138

139

140

141

142

143

144

145

146

147

148

149

150

GROUP LIFE































ENSURE INS. PLC

ENSURE INS. PLC

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc


OFFICE OF THE AUDITOR GENERAL OF THE FED.





FLOUR MILLS OF NIGERIA PLC

NIGERIAN BOTTLING COMPANY

BRISTOW HELICOPTERS NIGERIA LIMITED

FHI 360 GROUP


IKEJA ELECTRICITY DISTRIBUTION

NLNG SHIP MANAGEMENT LIMITED










INSURANCE BROKERS OF NIGERIA


TRANSOCEAN SUPPORT SERVICES LIMITED

GUINESS NIGERIA PLC

UDUOVIE A. LUCKY

MACHADO KEHINDE

JIDEOFOR CHIKA PEPETUAL

ENYEAZU PRINCE UWAOMA

UNION BANK OF NIGERIA PLC/AWOLOWO

JULIUS BERGER NIGERIA PLC.

FBN MORTGAGES LIMITED

GMT NIGERIA

FEDERAL COLLEGE OF EDUCATION EHA AMUFU

MRS HOLDINGS LTD

HONEY WELL FLOUR MILL

OBAJANA CEMENT - TRANSPORT DRIVERS


TOTAL NIGERIA PLC

GREATER PORTHARCOURT

NATIONAL ELECTRICITY REGULATORY COMMISSION

HONEYWELL FLOUR MILL

CORPORATE AFFAIRS COMMISSION

SINOPEC INTERNATIONAL E & P

FIRST BANK OF NIGERIA PLC

NIGER DELTA POWER HOLDING COMPANY LTD

MEDICIN SANS FRONTIERS

ASSSET & RESOURCE MANAGEMENT

FMC TECHNOLOGIES LIMITED

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

SURRENDER

DEATH

MATURITY

DEATH

INJURY

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

4,752,298.37

4,927,959.00

4,065,363.00

5,402,772.00

4,927,959.00

5,093,228.88

5,784,793.50

5,492,499.48

4,035,658.43

14,629,598.20

14,337,724.15

5,532,555.97

4,370,924.88

11,051,950.94

9,932,711.81

9,854,059.01

7,652,136.67

5,393,800.70

4,929,856.42

4,465,665.89

4,449,640.32

3,980,591.23

4,566,128.69

6,366,039.12

6,709,569.57

7,587,265.10

7,067,062.12

6,567,014.79

4,098,000.00

3,812,583.68

6,550,206.18

3,750,000.00

5,856,672.00

8,028,110.50

6,159,940.55

7,668,000.00

3,767,499.00

5,264,204.18

4,585,450.20

5,954,299.20

11,311,974.00

41,055,069.13

5,275,122.92

3,598,259.00

3,769,898.18

6,650,892.00

7,290,000.00

4,874,284.95

6,463,411.51

5,451,084.67

4/28/2015

5/15/2015

5/15/2015

6/2/2015

6/9/2015

6/13/2015

7/10/2015

8/7/2015

9/3/2015

9/9/2015

10/6/2015

10/26/2015

14/7/2015

17/09/2015

17/09/2015

17/09/2015

17/09/2015

17/09/2015

17/09/2015

17/09/2015

17/09/2015

17/09/2015

23/9/2015

27/07/2015

30/09/2015

30/9/2015

12/10/2015

5/13/2015

3/8/2015

11/17/2015

9/7/2015

11/26/2015

1/6/2015

1/6/2015

1/6/2015

1/15/2015

2/3/2015

4/17/2015

4/16/2015

4/24/2015

5/12/2015

5/5/2015

6/1/2015

6/8/2015

6/5/2015

7/1/2015

8/20/2015

8/4/2015

9/22/2015

9/29/2015



151

152

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156157

158

159

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161

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164165

166167

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171

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181182

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185

186

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194

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197

198

199

200

129

GROUP LIFE

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

DEATH

9/8/2015

10/9/2015

10/22/2015

11/12/2015

11/20/2015

11/20/2015

11/23/2015

12/7/2015

9/28/2015

4/10/2015

6/23/2015

3/12/2015

4/8/2015

9/14/2015

6/25/2015

6/2/2015

5/12/2015

2/12/2015

4/10/2015

8/25/2015

8/3/2015

9/14/2015

9/1/2015

1/12/2015

1/12/2015

9/1/2015

5/19/2015

2/11/2015

10/2/2015

6/11/2015

4/10/2015

3/4/2015

11/11/2015

5/19/2015

12/1/2015

10/2/2015

6/3/2015

10/2/2015

2/11/2015

11/13/2015

11/11/2015

6/3/2015

6/11/2015

11/11/2015

11/13/2015

4/10/2015

4/10/2015

11/11/2015

10/2/2015

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

FBN Insurance Plc

Standard Alliance Life Ins. Ltd










































MAINSTREAM ENERGY SOLUTION LIMITED


ISLAND CLINIC & MATERNITY

HONEYWELL FLOUR MILLS PLC

MEDICIN SANS FRONTIERS

CENTRAL BANK OF NIGERIA LTD

INDEPENDENT NATIONAL ELECTORAL COMMISSION

HONEYWELL FLOUR MILLS PLC

MOBIL OIL PRODUCING

ARMED FORCES

NIMASA

MOBIL OIL PRODUCING

NIG. MARITIME ADMINISTRATION SAFETY AGENCY

MOBIL OIL PRODUCING

MOBIL OIL PRODUCING

NIGER DELTA DEVELOPMENT COMMISSION

NIG. MARITIME ADMINISTRATION SAFETY AGENCY

MOBIL OIL PRODUCING

ARMED FORCES

ARMED FORCESMOBIL OIL PRODUCING

MOBIL OIL PRODUCING

NIGERIAN MARITIME ADMNISTARTION & SAFETY



NIGERIAN MARITIME ADMNISTARTION & SAFETY


ARMED FORCES

INDEPENDENCE NATIONAL ELECTORAL COMM-INEC

AUDITOR GENERAL

ARMED FORCES

NLNG

NIGERIAN NATIONAL PETROLEUM CORP


SHERATON LAGOS




ARMED FORCES

ARMED FORCES



AUDITOR GENERAL


ARMED FORCES

ARMED FORCES

ARMED FORCES



AREA COUNCIL STAFF PENSION-FCT

18,268,263.00

13,386,812.08

3,960,000.00

4,058,893.76

6,498,140.00

3,994,721.13

24,661,106.92

9,465,073.88

46,676,173.43

41,539,302.00

35,033,489.37

28,885,622.76

27,703,561.41

25,843,155.45

24,344,618.19

23,705,123.04

18,400,759.92

17,290,228.61

16,512,144.00

15,195,540.00

15,056,390.00

15,020,207.43

14,173,888.23

11,978,511.66

11,160,110.34

10,700,711.82

9,014,277.78

8,743,986.00

8,668,119.00

8,173,947.00

7,836,852.00

7,557,699.55

7,443,253.79

7,200,640.50

6,351,727.00

5,402,772.00

4,927,959.00

4,927,959.00

4,866,990.00

4,866,990.00

4,821,509.29

4,487,079.00

4,241,529.00

4,231,637.51

4,150,128.00

4,128,156.00

4,128,156.00

4,099,272.39

3,988,505.00

3,850,836.00 1/12/2015



201

202

203

204

205

206

207

208

209

210

211

212

213

214

215

216

217

218

219

220

221

222

223

224

225

226

227

228229230

231232233234235236237238239240

241

242

243

244

245

246

247

248

249

250

GROUP LIFE




United Metro. Life Ins. Ltd
















































TINCAN ISLAND CONTAINER TERMINAL LTD


UNILEVER NIGERIA PLC

UBA PLC

UBA PLC

FEMSTAR & COMPANY LIMITED

PROMASIDOR NIGERIA LIMITED

UBA PLC

FEDERAL MINISTRY OF PETROLEUM

MORGREEN NIGERIA LIMITED

NIGERIA LNG LIMITED

UBA PLC

FLOUR MILLS OF NIGERIA (SENIOR STAFF)(GROUP LIFE)

PUNCH NIGERIA LIMTED

FLOUR MILLS PLC

NIGERIA INTER-BANK SETTLEMENT SYSTEM PLC

UGHELLI POWER PLANT

UGHELLI POWER PLC

FLOUR MILLS OF NIGERIA PLC(SENIOR STAFF)

FLOUR MILLS OF NIGERIA PLC(SHIPPING-JUNIOR STAFF

TOTAL NIGERIA PLC

FLOUR MILLS OF NIG(JUNIOR STAFF)

UBA PLC

CUMMINS WEST AFRICA LIMITED

STANDARDS ORGANISATION OF NIGERIA

CEMENT COMPANY OF NORTHERN NIGERIA

TOTAL E & P NIG LTD

MORGREEN NIGERIA LIMIED

UBA PLC

NLNG SHIP MANAGEMENT

FLOUR MILLS OF NIGERIA PLC (SENIOR STAFF)

DANGOTE INDUSTRIES EXPATRIATE

VFS GLOBAL SERVICES NIGERIA LIMITED

ALPHA BETA

DANGOTE INDUSTRIES LTD-EXPATRIATE

UBA PLC



SWISS PHARMA NIGERIA LIMITED

PATHS 2

INDUSTRIAL TRAINING FUND

TRANSOCEAN SUPPORT SERVICES

ASHAKA CEMENT PLC

ALPHA BETA

UBA PLC

UBA PLC

UBA PLC

SWIRE OILFIELD SERVICES

NIGERIAN BREWERIES

DEATH

DEATH

DEATH

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

3,763,167.00

3,705,958.80

3,675,498.00

10,899,796.49

7,469,561.81

9,070,849.69

3,524,227.20

3,620,949.53

9,070,849.69

12,288,861.26

4,548,495.39

7,557,699.55

9,070,849.69

13,612,268.00

4,064,568.30

5,592,582.00

4,160,854.35

3,600,000.00

3,838,525.49

17,274,098.00

4,691,916.00

14,885,748.00

4,001,148.00

16,795,795.00

10,621,188.00

5,108,984.93

4,899,512.55

6,465,029.25

4,548,495.39

7,469,561.81

$11,239.20

13,944,898.00

3,590,775.00

6,665,060.16

6,123,263.76

6,570,000.00

7,469,561.81

3,527,843.51

4,666,064.62

4,839,932.88

19,663,418.90

3,512,801.23

15,096,531.53

3,758,652.00

6,634,969.32

3,539,688.00

9,070,849.69

7,469,561.81

4,403,294.94

31,695,900.00

1/12/2015

7/21/2015

1/12/2015

1/5/2015

1/8/2015

1/8/2015

1/21/2015

1/23/2015

1/23/2015

2/2/2015

2/16/2015

2/16/2015

2/18/2015

2/19/2015

2/20/2015

3/9/2015

3/10/2015

3/17/2015

3/17/2015

3/31/2015

4/7/2015

4/9/2015

4/21/2015

4/23/2015

5/13/2015

6/16/2015

7/6/2015

7/14/2015

7/15/2015

7/22/2015

7/24/2015

7/24/2015

8/20/2015

8/25/2015

9/1/2015

9/1/2015

9/9/2015

9/10/2015

9/10/2015

9/11/2015

9/16/2015

9/17/2015

9/22/2015

9/30/2015

10/12/2015

10/13/2015

10/16/2015

10/22/2015

10/28/2015

10/30/2015

130



251

252

253

254

255

256

257

258

259

260

261

262

263

264

265

266

267

268

269

270

271

272

273

GROUP LIFE













Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

Wapic Life Ass. Ltd

UNILEVER NIGERIA PLC

CHRISTIAN HEALTH ASSOCIATION OF NIGERIA

BENUE STATE UNIVERSITY



PRICE WATER COOP. CONSULTANTS

OANDO PLC

KADUNA STATE GOVERNMENT

STERLING BANK PLC

BANK OF INDUSTRY LIMITED

CHELLARAMS PLC

UBA PLC

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

GROUP LIFE

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

DEATH CLAIM

BOVAS & CO. LIMITED

ACCESS BANK PLC

YOA INSURANCE BROKERS LIMITED

INDEPENDENT

NATIONAL

ELECTORAL

COMMISSION

NNPC

NNPC

NNPC

NNPC

NNPC

NNPC CREDIT LIFE

4,296,229.86

21,741,006.29

3,872,283.12

4,807,011.24

5,250,069.00

9,000,000.00

6,191,127.02

3,931,799.40

3,951,103.44

11,529,609.12

7,347,775.68

7,469,561.81

7,994,015.16

3,553,500.06

3,903,812.64

3,938,505.00

3,695,575.32

7,196,282.52

6,315,876.89

6,118,317.00

11,109,334.02

4,999,975.26

5,354,405.70

11/5/2015

11/5/2015

11/24/2015

11/24/2015

11/24/2015

11/24/2015

12/3/2015

12/9/2015

12/10/2015

12/15/2015

12/16/2015

12/17/2015

6/26/2015

7/27/2015

8/13/2015

9/30/2015

5/4/2015

5/4/2015

5/4/2015

5/4/2015

5/4/2015

5/4/2015

10/28/2015

131


132


133

DIRECTORY

OF NIA MEMBER

COMPANIES AS AT 1ST JANUARY 2017


AFRICAN ALLIANCE INSURANCE PLCRC - 2176

112 Broad Street, Marina, Lagos

Physical Address: Ground Floor, Old Niger House, 163/165 Broad

Street,Marina, Lagos

Telephone - +234 1 896 4888 HOTLINE – 0812 125 9754

Email - [email protected] OR

[email protected] (we're in the process of

launching our

new website with new email addresses; see Item website below)

Website - www.africanallianceplc.com

DATE OF INCORPORATION - 6TH MAY 1960

DATE OF COMMENCEMENT OF OPERATIONS –

NAME OF MANAGING DIRECTOR/CEO - MR. ALPHONSE OJEME

OKPOR

NUMBER OF BRANCHES AND ADDRESSES

1. ABA 1, JULIBEE ROAD 0803 218 1930

2. ABUJA 79 ADETOKUNBO ADEMOLA CRESCENT WUSE II ABUJA

09 – 780 5807

3. ABAKALIKI 85 AFIKPO ROAD ABAKALIKI 0808 772 6197, 0805

102 5829, 0706 546 2858RD4. ASPAMDA 3 FLOOR BLOCK 14 ZONE B ASPAMDA 01-882

1014, 0702 771 5840

5. BENIN 140 NEW LAGOS ROAD BENIN CITY 052 – 290 598; 0802

537 6625

6. CALABAR PLOT 38MCC (ANASA) ROADCALABAR 087 – 845

189; 0805 044 6640

7. ENUGU 4 RIDGEWAY / STATION ROAD STATE SECRETARIAT, GRA

ENUGU 042 – 339 996; 081 837 44930

8. IBADAN 1 NAVADA PLAZA LIBERTY ROAD IBADAN 02 – 871

3780; 0805 223 3313

9. IKEJA FIRST FLOOR 103 ALLEN AVENUE IKEJA 01 950 3535

10. ILUPEJU 34 ASSOCIATION AVENUE ILUPEJU 01 – 817 0171;

896 4856; 950 3535; 454 7003

11. JOS 22 AHMADU BELLO WAY OPP AP FILLING STATION JOS

0803 604 9269ST12. KADUNA 1 FLOOR EK HOUSE 5D KANTA ROAD KADUNA

062 – 887047; 0802 789 9740

13. KANO 10/12 LAGOS STREETCFAO HOUSE KANO 064 – 891

225; 0805 775 8618

14. ONITSHA 109 UPPER NEW MARKET ROAD BY D.M.G.S

ROUNDABOUT ONITSHA 046 – 870 710; 046 – 870 712

15. PORT – HARCOURT 245 ABA ROAD PH EXPRESSWAY/EKERE ST.

JUNCTION PORT – HARCOURT 084 – 778 542; 0803 676 9898

16. WARRI 218 WARRI / SAPELE ROAD OPP G.K.S. WARRI 0805

250 2929

RC 7340

AIICO INSURANCE PLC.

Plot PC 12, Church gate Street, Victoria Island, P.O. Box 2577, Lagos

Tel: +234-1 2792930-59, 08022021804, 08022021805

07000AIICARE (0700 0244 2272)

07001AIICARE (0700 1244 2272)

07002AIICARE (0700 2244 2272)

Fax No. +234 1 279 9800

E - Mail: - [email protected]

Website: - www.aiicoplc.com

DATE OF INCORPORATION: 1970

DATE OF COMMENCEMENT OF OPERATION: - 1963

NAME OF CHIEF EXECUTIVE OFFICER: - MR. E.F. IGBITI

NUMBER OF BRANCHES AND ADDRESSES:-

1. 7 Factory Road, Aba Tel: 08055314351,

2. Reinsurance Plaza Plot 784A, Herbert Macaulay Way, Central

Business District, Abuja-Tel 08038013816

3. 28, Sakponba Road, Benin City, Edo State.

Tel: 08083134875, 07027002609

4. Henss Building Complex 24/26 Murtala Mohammed Highway

Calabar Tel: 08036764203, 08084222227

5. 46, Tinubu Street, Ita Eko, Abeokuta Tel: 08037144883

6. Tisco House, 3rd Floor (General Business) Opp. Mr. Biggs

Outlet Ado-Owo Road Akure, Ondo.

7. Henss House (General Business) Muritala Mohammed

Highway Calabar Cross River State Tel: 08083134871

8. 55-59 Chime Avenue Haven Enugu Tel: 08036660737, 07038143357

9. 4, Beach Road Jos Plateau State Tel: 07034539971, 08035951258

10. 12, Moshood Abiola Way Formally Ring Road, Ibadan, Oyo-

Tel: 08023677424

11. Yaman Phone House (Life Business) 1 Constitution Road beside

Oando Filling Station, Kaduna. Tel: 08033386968

12. UBA Training Sch. Building (General Business) 8 Post Office Road

Kano-Tel: 08028338804

13. Falomo Travel Centre (General Business) Falomo Post Office

Bourdillion Road, Ikoyi, Lagos Tel: 01-7378690, 01-4710743

14. AIICO House Plot 2, Oba Akran Avenue Opposite Dunlo, Ikeja, Lagos

Tel: 01 4312400, 08023178534, Fax: 01 4976590

15. 203-205 Oshodi-Apapa E/way Isolo, Lagos Tel: 01 7743730

16. AIICO House 36-38 Ilupeju Industrial Avenue Ilupeju, Lagos

Tel:8194714, 4752157-8

17. Nipost Building Old Market Road Onitsha- Tel: 08033750361

18. 65-67 Douglas Road Owerri Tel: 08055314351

19. 60, Effurun / Sapele Road Warri Tel: 08039710794

20. 10, Obafemi Awolowo Road ,Igbona, Osogbo Tel: 08035119411

21. Plot 11 Oromerezimgbu Road, Stadium Link Road, GRA Phase

IV, Port Harcourt, Rivers State Tel: 08083134871

134

DIRECTORY OF NIA MEMBERS COMPANIES AS AT 1ST JANUARY, 2017


ANCHOR INSURANCE COMPANY LIMITED

RC 132269

7/13 Aka Road, Uyo, Akwa Ibom State TEL: 01-2145994, 01-8974201FAX NO. 01- 4938694E-mail :- [email protected]: www.anchorinsuranceng.comDATE OF INCORPORATION: 6th June, 1989DATE OF COMMENCEMENT OF OPERATION:- 1st November, 1989NAME OF CHIEF EXECUTIVE OFFICER:- MR. ADEDURO ADEMAYOWA

NUMBER OF BRANCHES AND ADDRESSES:1. Block 5A Ayo Jagun Street Lekki Phase I Lagos

Tel: 07027266978, 080209215942. 7/13 Aka Road, PMB 1151,Uyo,Akwa Ibom State -

Tel: 085 200912, 201583, 2016333. Akwa Ibom State Laison Office Complex Plot 816 Central Area

Ahmadu Bello Way Abuja - Tel: 080233911594. 112 Ogui Road Enugu - Tel: 080333142875. 215, Obafemi Awolowo Way Oke Ado, Ibadan. Tel: 0807-4661116. L'Monarch Plaza 6th Floor, 65 Opebi Street, Ikeja. P.M.B 12625, Lagos

Tel: 01-7933485, 080332787557. 61B Aba Road Port Harcourt Rivers State- Tel: 080235720078. A28 MCC Road Calabar-Cross River State - Tel: 080230168379. 44 Eket/Oron Road Eket-Akwa Ibom State

Tel:085701514, 0802357414210. 2nd Floor, NACRDB Building, Alagbaka Road,Akure -Tel: 0803

472-6447

ARM LIFE ASSURANCE PLC

RC 58532

22, Funso Williams Avenue, Alaka, Surulere, Lagos.

Tel: +234 (1) 9035888-9; 0700 ARM LIFE

E- mail : [email protected]; [email protected]

Website: www.armlife.com.ng


DATE OF COMMENCEMENT OF OPERATION: 1998

NAME OF CHIEF EXECUTIVE OFFICER: MR. STEPHEN ALANGBO

NUMBER OF BRANCHES AND ADDRESSES: rd1. NORTHERN REGIONAL OFFICE – ABUJA 3 Floor, Wing AAMAC

Plaza Opposite Heritage Plaza Wuse Zone 3, Abuja Tel: 07098200237th2. LAGOS CENTRAL AGENCY OFFICE – IKEJA Oluwatobi House (5 Floor)

71, Allen Avenue Ikeja Lagos. Tel: 01-4334093, 8931053

3. ABEOKUTA OFFICE Surveyors' House Igbore Road Abeokuta

Ogun State Tel: 03-9881659, 08033519400

4. BAYELSA OFFICE CrystaLife Office, Km 24, Mbiama / Yenagoa Road

Tari Eye Clinic Building Biogbolo Yenagoa Bayelsa State

Tel: 08037248482

5. IBADAN OFFICE Suite 14, Charles Oriade Complex (First Bank

Building) Ring Road, ChallengeIbadan Tel: 02-8701768, 08028418455st6. ILORIN OFFICE Gamba Plaza, Opp. Ministry of Agriculture(1 Floor),

Sango Area Ilorin Tel: 031-741906, 08083134884

7. KADUNA OFFICE 24, Constitution Road Kaduna Tel: 062-884921,

08083134882

8. PORT HARCOURT OFFICE 2, Ezimgbu Road Off Stadium Road

Port – Harcourt Tel: 08-4901242, 0802415888

RC 133276

AXA MANSARD INSURANCE PLC

Santa Clara Court, Plot 1412, Ahmadu Bello Way, Victoria Island, Lagos

Email: [email protected]

Facebook: https://www.facebook.com/AXA Mansard Insurance

Website: - www.axamansardinsurance.com

Interactive Voice Recorder (IVR): 01-2704482

Customer Care Hotline 1: 01-4488482

General Enquiries: 01-4485482

Claims Hotline: 01-8524820 & 01- 8524821

Fax: 01 4613284

DATE OF INCORPORATION: JUNE 23, 1989

DATE OF COMMENCEMENT OF OPERATION: JUNE 15, 2004

NAME OF CHIEF EXECUTIVE OFFICER: MRS. YETUNDE ILORI

OFFICES & ADDRESSES:

All Guaranty Trust Bank branches, select FCMB branches,

Regional Offices and AXA Mansard Welcome Centres as stated below:

1. ABUJA Plot 1568, Muhammodu Buhari Way, Garki, Abuja Tel:

09-8725181, 09-7800647

2. IBADAN 11B, Jimoh Odutola Road, Ibadan, Oyo State.

Tel: 02-2413779, 2413795, 2413677, 2413876

3. PORT HARCOURT 47, Trans Amadi Industrial Layout, Port Harcourt.

Rivers State. Tel: 084-237512-2

4. ENUGU Plot 1, Ogui Road, Enugu, Enugu State

Tel: 042-253061, 254085, 254072, 254073

5. ALAUSA DN Meyer Building Plot 34, Mobolaji Johnson Avenue

Behind 7Up Bottling CompanyAlausa-Ikeja, Lagos.Tel: 01-

9502362, 08191581034, 07031161119, 08023852572

6. ONIKAN 3/5, Boyle Street, Onikan, Lagos.Tel: 01-8426397, 01-

9502363, (M): 08033969966

7. OPEBI 4th Floor, Adebola House,38, Opebi Road, Ikeja, Lagos.

Tel: 01-8426346

8. YABA 176, Herbert Macaulay, Adekunle, Yaba, Lagos.

Tel: 01-8426349

9. FESTAC Plot 248, Block B Amuwo-Odofin, Festac Link Road,

Amuwo-Odofin, Lagos. Tel: 01–8426392

10. IKOTA – LEKKI K4, Road 5 Ikota Shopping Complex Ajah, Ikota, Lagos.

Tel: 07029276131

11. IKOTA – LEKKI K4-6 & K15-17 Road 5, Ikota Shopping Complex

Ikota, Ajah Lagos. Tel: 07029276131 and 08190468969

12. IKORODU ROAD 177 Ikorodu Road Onipanu, Lagos.

Tel: 01-6282960 ,08190563029

13. APAPA No. 31 Calcutta Crescent Apapa. Tel: 07028440430,

08190468966

14. OGBA 18 Ijaiye Road Ogba, Ikeja, Lagos. Tel: 08190566053

8. 26, Etta Agbor Road, Calabar Tel: 087-821086

E-Mail: [email protected]

9. 77, Ogui Road, Enugu Tel/Fax: 042-255813

E-mail: [email protected]

10. 41, New Market Road,Onitsha Tel. 046- 871975


11. Ibrafunds House (Green House), Ring Road, Ibadan

Tel: 02-2008281 E-Mail: [email protected]

12. 3RD Floor Bank of Industry (BOI) House Alagbaka,

Tel. 034-223866 AKURE E-Mail: [email protected]

13. 24, Constitution Road Kaduna Tel 062-885-026

E-Mail: [email protected]

135


CONTINENTAL REINSURANCE PLC

THST. NICHOLAS HOUSE, (8 FLOOR) 6 CATHOLIC MISSION STREET, P.O. BOX 2401, LAGOS NIGERIATEL : +234-1-4622779, 8732624, 070REINSUREEMAIL : [email protected]: WWW. CONTINENTAL-RE.COMDATE OF INCORPORATION : 1985DATE OF COMMENCEMENT OF OPERATION: 1987NAME OF CHIEF EXECUTIVE OFFICER: DR OLUFEMI OYETUNJI

NUMBER OF BRANCHES/SUBSIDIARY AND ADDRESSES:REGIONAL OFFICES:1. CAMEROUN: RUE NGOSSO DIN, DERRIERE PHARMACIE DE LA

COTE BALI. P.O.O BOX 4745 DOUALA TEL: +237 33422494, 3303381, FAX- 237 33422788 EMAIL: [email protected]

2. COTE D' IVOIRE: RUE PIERRE & MARIE CURIE, ZONE 4C Ier ETAGE (MEZZANINE) IMM, SCI KALI 01 B.P. 1073 ABIDJAN 01.TEL: (225) 21 25 60 24, FAX- (225) 21 25 60 55EMAIL: [email protected]

SUBSIDIARY: 3. CONTINENTAL REINSURANCE LTD

PHASE 2, JUMUIA PLACE LENANA ROAD. P.O. BOX 76326-00508, NAIROBI, KENYA TEL: +254-202429391/2/3, +254 20- 2429390EMAIL: [email protected]

CORNERSTONE INSURANCE PLC

RC 16317021, Water Corporation Drive, Off Ligali Ayorinde Street, V/I, Lagos

Tel: 01 2806500. Fax: 01 2806526 - 7

E - mail :- [email protected]

Website : www.cornerstone.com.ng

DATE OF INCORPORATION: 26th July, 1991

DATE OF COMMENCEMENT OF OPERATION:- 26th July, 1991

NAME OF CHIEF EXECUTIVE OFFICER:- GANIYU MUSA

NUMBER OF BRANCHES AND ADDRESSES:nd1. Polysonic Mall (2 Floor) 42/44 Warehouse Road, Apapa, Lagos,

Lagos - Tel. 08033911435; 07028856586

2. 79, Allen Avenue (Samsung House) Ikeja, Lagos.

Tel. 08023069814, 018182984

3. 136, Lewis Street, Lagos. Tel – 012632863, 2630722, 2631832

4. NM 20, Constitution Road, Kaduna - Tel. 07029234155

5. 67, Aboderin Layout, Oni & Sons Area, Ring Road, Ibadan -

Tel. 02 - 8735649

6. 180, Port Harcourt Aba Express Way, P/H - Tel 07029325494,

08056938454

7. Plot 487, No. 70, Adetokunbo Ademola Crescent, Abuja

Tel. 09 87766611, 07028415541

8. Plot C 12 & 13, Race Course Road, Kano - Tel. 064 913241

9. 57, Effurun / Sapele Road, Sapele - Tel. 07029066313.

10. 59, Ekpo Archibong Street, Off MCC Road, Calabar, Cross River

State Tel:- 087-845147, 08056938454

RC 380157

CAPITAL EXPRESS ASSURANCE LIMITED

13, Bishop Kale Close, Behinde Saka Tinubu Street, Off Kasumu Ekemode Treet, Victoria Island, Lagos.P.O. Box 6850 Marina, Lagos.Tel. 07028417185, 07028417186, Fax No: 01 2660319E - mail :- [email protected]: www.capitalexpressassurance.comDATE OF INCORPORATION: 9th May, 2000DATE OF COMMENCEMENT OF OPERATION:- October, 1989NAME OF CHIEF EXECUTIVE OFFICER:- MR. ANTHONY ALETORNUMBER OF BRANCHES AND ADDRESSES:-1. 3rd Floor , No 143,Azikiwe Road,Aba,Abia State2. 2A, Segun Osoba Way, Okelewo, Abeokuta3. Wema Bank Building ,3/5,Herbert Macualay Way,Wuse Zone 5, Abuja4. 4th Floor,Tisco House Alagbaka,Akure5. 10, Ewaise Street, Forestry Road,Benin-City, Edo State6. CITA House, 54, Bedwell Street, Calabar7. 2A,O'Connor Street, Asata,Enugu8. FMBN Building (3rd Floor ), 1,Adekunle Fajuyi Road, Dugbe, Ibadan9. 199A,Ibrahim Taiwo Road,Ilorin, Kwara State10. 28/30, Bukuru Bye Pass, Jos, Plateau State11. Plot 22, Bida Road, 1st Floor, Wema Bank/Corporate Affairs

Building, Opposite State Library Board, Kaduna12. 2nd Floor, Union Bank Building ,34, Niger Street, Kano13. FMFL Building, Shehu Laminu Way, Maiduguri, Borno State14. 45,Railway Bye- Pass, High Level, Makurdi15. 1st Floor, Plot 5B, okigwe Road, Owerri, Imo State16. Debitosh Building, 6C, Fagbewesa Street, Osogbo17. 3rd Floor Excelsis Complex, 2, Temple Ejekwu Close, Off Aba

Road, Rumuogba,Port Harcourt, Rivers State18. 4,Udo Umana Road,Uyo,Akwa- Ibom State19. 280, Effurun Sapele Road,Warri, Delta State20. Bayelsa State21. 2ndFloor, Sabru House, Right Wing, Atiku Abubakar Road, Jimeta,

Yola, Adamawa State22. 44,New Market Road, Onitsha


RC 168762266, Ikorodu Road Obanikoro, Lagos.

E mail: - [email protected]

Website: - www.consolidatedhallmark.com

Tel: +234 1 741 9182, 841 9703, 0700CHINSURANCE

Fax No: 01 4618380

DATE OF INCORPORATION: 2nd August, 1991

DATE OF COMMENCEMENT OF OPERATION: - 2nd January, 1992

NAME OF CHIEF EXECUTIVE OFFICER: - EDDIE EFEKOHA


1. Plot 33D, Bishop Aboyade Cole Street, P. O. Box 74013,

Victoria Island, Lagos. Tel.: 01- 4618222-6, Fax: 01-4618380,

09-2912549 Email: [email protected]

2. 52, Emekuku Street D-Line, Port Harcourt.

Tel/fax: 084-234608, 462061


3. 17 Zaria Road Gyadi Gyadi Tel. 064-986312


4. Metro Plaza Annex B Plot 991/992 Zakariya Maimalari Street

Central Business District Tel: 09- 2912549, 7804398


5. 179 Jakpa Road Effurun Tel. 0703 9568540


6. 5B Okigwe Road Opp Govt. College Owerri Tel. 083- 303992


7. 4, Eziukwu Road, AbaTel/Fax: 082-290335


136


CUSTODIAN & ALLIED INSURANCE LIMITEDRC 685235

Custodian House 16A Commercial Avenue , Sabo , Yaba Lagos Tel: 01-2774000-9, 01-2793740-1, 2707204, 2707206-7Fax: 01 2707203E mail: Website: DATE OF INCORPORATION: 22nd August, 1991DATE OF COMMENCEMENT OF OPERATION: 1st July, 1995 NAME OF CHIEF EXECUTIVE OFFICER: MR. OLATOYE ODUNSINUMBER OF BRANCHES AND ADDRESS1. Port Harcourt 180 Aba Road, Portarcourt Tel: 07085000046

th2. Abuja 4 Floor, ITF Building 6, Adetokunbo Ademola Crescent Maitama Abuja Tel: 09-7817420

3. Kano 2, Bank Road Kano Tel: 064-895969st4. Benin 95A, 1 East Circula Road , Benin City

th5. Ibadan 6 Floor, Broking House 1, Alhaji Jimoh Odutola Road, Ibadan Oyo Tel: 02-2918538

th6. Akure 4 Floor, Tisco Building , Ado Owo Road , Akure7. Owerri 103, Wetheral Road Owerri Tel: 08-34311588. Osogbo Jesus Court Building , 8 Isiaka Adeleke Freeway Oshogbo9. Kaduna 3 Kanta Road, Kaduna

[email protected]

CUSTODIAN LIFE INSURANCE LIMITED

RC 682763

Custodian House 16A Commercial Avenue, Sabo, Yaba Lagos P.O. Box 2101, Lagos Tel: 2774000-9 Fax: 01 2773600E mail: [email protected]: www.custodianplc.com.ng

thDATE OF INCORPORATION: 16 February, 2007DATE OF COMMENCEMENT OF OPERATION: 1st January, 2008NAME OF CHIEF EXECUTIVE OFFICER: MR. LARRY ADEMESO NUMBER OF BRANCHES AND ADDRESS

Address: Plot,307Adeola Odeku Street Victoria Island, Lagos.Tel: 01-9049510, +234 8000 367 873, +234 7000 367 873Email: [email protected]: DATE OF INCORPORATION: 18TH NOVEMBER, 1993DATE OF COMMENCEMENT OF OPERATION: 1998CHIEF EXECUTIVE OFFICER: MR. BABATUNDE MIMIKO.BRANCHES AND ADDRESSES.1. Lagos City Office: 28A, Coker Road, Ilupeju, Lagos.

Tel: 01-8169967, 8153007.2. Port Harcourt Branch 1: C/O Union Bank of Nig. Office, Station Road

Branch, Opposite Government House, Port-Harcourt, Rivers State.P.M.B: 5005 Tel: 08191316905, 08037045657, 07025752515.

3. Port Harcourt Branch 2: C/O Union Bank Of Nig. Plc Office, Plot 468, Trans Amadi Industrial Layout, Port Harcourt, Rivers State.Tel: 07030384451.

rd4. Abuja Branch: C/O Union Bank of Nig. Plc Office Complex, (3 Floor) Area 3, Garki, Abuja. P.M.B; 35Tel: 08191316930, 08023426011, 07032196282.

5. Kano Branch: C/O Union Bank Plc Office, 37, Murtala Mohammed Way (Yankura Area), Kano State P.M.B: 12755Tel: 08191316912, 08033268349, 07028363905.

6. Ibadan Branch: C/O Union Bank Plc Area Office, Bank Road Dugbe, Ibadan, Oyo State. P.M.B: 5176 Tel: 08191316009, 08033945957.

7. Enugu Branch: C/O UBN Plc Office, 8, Okpara Avenue, Enugu State.P.M.B: 1119 Tel: 08191316932, 08033946251.

8. Calabar Branch: C/O Union Bank Plc Office, Calabar Road Branch,

P.M.B 1021, Calabar, Cross River State.

Tel: 08191316935, 07029526898, 08036870741.

9. Kaduna Branch: C/O Union Bank Plc Area Office, Yakubu Gowon

Way, P.M.B 2177, Kaduna State.

Tel: 08191316914, 08086624848, 08035853687, 08058537557.nd10. Aba Branch: C/O Union Homes & Savings Plc, (2 Floor) 81,

Market Road, Aba, Abia State. Tel: 08191316919, 08038804217.

www.ensure.com.ng

ENSURE INSURANCE PLC.

RC: 234883

11. Sokoto Branch: C/O Union Bank Plc Office, Market Road Branch

(Opp. Yam Gate) Sokoto State. Tel: 08035052126, 08094353516.

12. Jos Branch: C/O Union Bank Plc Office, Jos Market Branch, 28,

Rwang Pam Street, Jos, Plateau State.

Tel: 08191316915, 07023243195, 08023026557, 07072138355.

13. Ilorin Branch: C/O Union Bank Plc Office, 67, Murtala

Mohammed Way, P.M.B 1347, Ilorin, Kwara State.

Tel: 08191316907, 08073621137, 08032533455.

14. Onitsha Branch: C/o Union Bank Plc Office, 33, Market Road,

Venn Road North, Onitsha, Anambra State.

Tel: 08191316917, 046825124, 08037508525.

15. Warri Branch: C/O Union Bank Plc Office, Suite 12/16 Nosky

Plaza, Opposite Shell Contractor Gate, Ogunu Warri, Delta State.

Tel: 053823995, 08027528132.

16. Uyo Branch: C/o Union Bank Plc Office, 2, Wellington Bassey

Way, Uyo, Akwa Ibom State. Tel: 08023256781, 08068612566.

17. Yola Branch: C/O Union Bank Plc, Yola Business Development

Centre, Adjacent CBN Yola, 2, Galadima Aminu Way, Yola, Adamawa.

Tel: 08034216226, 08023843010.

18. Benin Branch: C/O Union Homes & Savings Plc, 98, New Lagos

Road, P.M.B 1001, Benin, Edo State. Tel: 052-256348, 08060195763.

19. Abeokuta Branch: C/O UBN Plc Office, Onikolobo Road Branch,

P.M.B 3040, Abeokuta.

Tel: 08191316925, 08023449324, 07027228556.

20. Owerri Branch: C/O UBN Plc Office, Owerri Main Branch, 77,

Douglas Road, P.M.B 131, Owerri.

Tel: 07067964413, 08061628246, 08052023036.

21. Auchi Branch: C/o UBN Plc Office, 31, Warrake Road Branch, Auchi,

Edo State. Tel: 08062999972, 08083275759, 08050486023.

Representative Offices.

22 Ogoja Office: C/O UBN Plc Office, Free Trade Zone, Calabar.

Tel: 08036018573, 0808327575740.

23. Gombe Office: UBN Plc Office, Biu Road Branch, Gombe.

Tel: 08037333322.

24. Oyigbo Office: C/O UBN Plc Office, 52, Location Road, Oyigbo,

Rivers state. Tel: 08033922965.

25. Minna Office: C/O UBN Plc Office, Bank Road Branch, P.M.B 22,

Minna, Niger State. Tel: 08028591396, 08065265971.

EQUITY ASSURANCE PLC

RC 65443

Plot 1196, Bishop Oluwole Street Off Akin Adesola Street Victoria

Island Lagos. Tel: 2802012


Website: plc.comTHDATE OF INCORPORATION: 13 DECEMBER 1984

THDATE OF COMMENCEMENT OF OPERATION: 13 DECEMBER, 1984

NAME OF CHIEF EXECUTIVE OFFICER: MR. EKPE UKPABIO

NUMBER OF BRANCHES AND ADDRESS:

1. Port Harcourt Regional Office 19, Circular Road, Presidential Estate,

P. O Box 22709 &2463 Port Harcourt

2. Abuja Office No 12,Ukpo Close Garki Abuja P.O Box 2163 Abuja

3. Ibadan Office No-69 Dikat Bus Stop Ring Road, Ibadan. Tel: 02-2413472

4. Ilorin Office 188,Ibrahim Taiwo RoadIlorin, Kwara State.

5. Kaduna Office NIDB House, 18, Waft Road, P.O Box 3134

6. Onitsha Office 41, New Market Road Onitsha, Anambra

7. Warri Office Block 3, Edewor Shopping Complex, Efturun Warrri, Delta

8. Calabar Office Plot 38, MCC Road, Calabar, Cross River State

9. Abeokuta Office 47, Tinubu Street, Ibara, Ita Eko Abeokuta, Ogun State

10. Ijebu Ode Office Chris Ogunbanjo Way P.M.B 2029 Ogun Stat

11. Akure Office Tel: 031-222401 49, Oba Adesida Road Akure – Ondo State

12. Kano Office 7, Bompai Road Kano Tell: 064-635997

www.equityassurance

137


RC 707564

FBN ASSURANCE LTD

34, Marina street, Marina, Lagos P.O Box 4140 , Marina –Lagos, Nigeria. Tel: 08080479319, 07098123827 +234 1 905 4444 and +234 1 905 4428 Email: [email protected]: www.fbninsurance.com

THDATE OF INCORPORATION: 6 SEPTEMBER 2007STDATE OF COMMENCEMENT OF OPERATION: 1 SEPTEMBER, 2010

NAME OF CHIEF EXECUTIVE OFFICER: MR. VALENTINE OJUMAHNUMBER OF BRANCHES AND ADDRESS:1. C/O Kelechi Akah , FBN Life Assurance Ltd . 1, Zambezi Crescent,

off Aguiyi Ironsi Street, Maitama, Abuja.2. C/O Opeyemi Longe . FBN Life Assurance Ltd. F.H Jumbo House

rd(3 Floor) 80, Aba Road PH, Rivers State.3. C/O Maureen Chuckwu FBN Life Assurance Life Assurance Ltd.

FBN Main Branch 21, Okpara Avenue Enugu, Enugu State.

RC 38815

FIN INSURANCE COMPANY LIMITED

No 34,Gana Street, Maitama ,Abuja FCT, NigeriaTel: 070282874-10Website: www.finsuranceng.comE- mail: [email protected] OF COMMENCEMENT OF OPERATION : - 21st December, 1984NAME OF CHIEF EXECUTIVE OFFICER: MR. ADEMOLA ABIDOGUNNUMBER OF BRANCHES AND ADDRESSES :1. Isa Yuguda House,Plot 19/23,J os Road.Aliko Alkali (Br. Mgr)

0803 601 5992

138

FBN GENERAL INSURANCE LIMITEDRC 208278

298, Ikorodu Road Anthony, P.M.B 21170, Ikeja, Lagos.Tel: +234(0) 9054428, +234 (0) 9054444, +234 (0) 8080479319Fax: 2717538E - Mail: [email protected]: www.fbninsurance.comDATE OF INCORPORATION: 9th November, 1992DATE OF COMMENCEMENT OF OPERATION: October, 1993NAME OF CHIEF EXECUTIVE OFFICER: MR.OLASUPO SOGELOLANUMBER OF BRANCHES AND ADDRESSES:1. Sijuwola House ,5, Dugbe Layout, Dugbe-Ibadan Tel: 02 8720962,

080582986162. 2, Ikwerre Road , Mile 2- Diobu,Port Harcourt Tel: 084-570664,

080230646563. Oasis Insurance House,Plot 686,House No. 1 Lafia Close, Cadastral

Zone Ao1 Area 8, Garki Abuja Tel: 09-5232624, 080582986054. 29, Alhaji Bashorun ,Off Norman Williams, Ikoyi Tel: 080582986095. Oasis House No. 1, Olorunosebi street, Orita Sabo, Oshogbo

Tel: 08058298615, 070987003436. Oasis House 298, Ikorodu Road Anthony, Lagos. Tel 080582986207. Union Bank House, 37, Niger Street, Kano, Tel: 064-941338,

080586957728. Jaguna Bus Stop Moshood Abiola way Ijeun Titun Abeokuta

Tel: 080582986239. Bank of Industry (BOI) House, Alagbaka Estate, Opp. FBN , 3rd

Floor, Akure Tel: 034-205203, 0805829862610. 10/12 Burma Road, Apapa- Lagos Tel: 0805829861811. Suite 3 Abia Plaza Extension Beside Rivers Plaza Trade Fair

Complex Badagry Exp, Lagos. Tel: 0805829861912. First Line Clinic Building Km, 2, Idiroko Road, Otta, Ogun State

Tel: 0805829862213. 24, Constitution Road, Kaduna Tel: 0805829867214. 298, Ikorodu Road Anthony, Lagos Tel: 0805829862715. 62, His Grace Plaza Ajilosun , Ado – Ekiti ,Ekiti- State

Tel: 0802831471516. 60, Effurun/Warri Road Effurun, Delta State. Tel : 0802831471517. 41, New Market Road Onitsha

GOLDLINK INSURANCE PLC

RC 192814

6, Emmanuel Street, Maryland, P.O. Box 5987, Marina, Lagos, Nigeria

Tel: 01-7406561-64, 7406566

E - mail :- [email protected]; [email protected]

Website :- www.goldlinkplc.com

DATE OF INCORPORATION: 15th April, 1992

DATE OF COMMENCEMENT OF OPERATION: 8th September, 1993

NAME OF CHIEF EXECUTIVE OFFICER:- MR. OLUTAYO GBOLAHAN


1. 3rd Floor Wing A,Western House, 8/10 Broad Street Lagos

2. 48, Bompai Road, Kano, Kano State

3. 4th Floor, Broking House, 1 Alhaji Jimoh Odutola Road, Dugbe,

Ibadan, Oyo State

4. Riz Plaza, 2nd Floor,19 Stadium Road , Port Harcourt, River- State

5. Goldlink House, 2, Harare Street,Zone 6, Wuse District, Abuja

6. 159,Ibrahim Taiwo Road Ilorin

7. 11, Ugbague Street, Off Mission Road, Benin City Edo- State

8. 38, Afaha Ugua Road, Emma Philip House,Eket, Akwa- Ibom State

9. NIDB House, Alagbaka Junction, Ondo State

10. Re-insurance, Plaza, No 6A,Ahmadu Bello Way, Kaduna

11. Manuex Corporate Suite, Suite 3,82,Hospital Road, Ekpan, Warri,

Delta State

12. Suite 405 Opic Plaza, Mobolaji Bank Anthony Way Ikeja, Lagos State

13. 177, Yenegoa Mbiama Road by Golden Gate Hotel, Opolo

Bayelsa State

14. 490,Ikorodu Road, Ketu, Lagos

15. 1, Commercial Road, Eleganza House, Apap

2. Biu Road, P.M.B. 19,Gombe State. Nasrideen Arabi ( Br. Mgr) 0803 582 9693

3. No 4, Ali Akilu/Maska Road ,Box 1113, Kaduna. Ja'far Baba Saleh (Br. Mgr) 0803 335 9799, 0702 828 68793

4. 7B Ibrahim Taiwo Road ,Box 11986,Kano ,Yunusa Tijjani Umodu (Br. Mgr) 0803 957 7265, 0805 889 2102

5. Okoi Arikpo House ,5 idowu Taylor Street, NUC Building , 1st Floor ,V/Island Lagos. Akintunde Ojo (Br. Mgr) 0805 504 3922, 01-4080037, 1025

6. 1st Floor ,Left Wing ,3 Rumuokoro Street, Rumuomasi, Port Harcourt. Innocent Onyegbula (Br. Mgr) 0803 324 2745, 0702 828 6969

7. 10, Moshood Abiola Way, 3rd Floor, First Inland Bank Building, Challenge, Oyo State. Yusuf Oladele Surajudeen (Br. Mgr) 0805 624 9994, 0803 223 6947

8. Suite 07, Centage Plaza ,14 Allen Avenue ,Ikeja, Lagos. Gerry Buraimoh (Br. Mgr) 0803 304 0385, 01-818 7558

9. 53, New Market Road ,Onitsha. Nwaiwu Obinna James. (Br. Mgr) 0803 673 1106

10. 112, Ogui Road, Enugu. Gladys Ajaero (Br. Mgr) 0805 701 870211. 5B Mbaise Road, Owerri, Imo State. Asimole Benjamin C.

( Br. Mgr) 0803 341 050012. First Inland Bank Building ,Plot 532,IBB Way Wuse Zone 4 FCT, Abuja.

Odeh Otekwu Amos (Br. Mgr) 0806 564 4038, 0702 828 689213. 71,Payne Crescent, near Apapa General Post Office / Mobil

Filling Station, Apapa Shopping Mall, Apapa, Lagos14. Suite 10, Bawa Rijau Complex, Opposite Niger State Transport

Authority, Tunga, Minna, Niger State.Abubakar Abdulmalik Muye (Br. Mgr) 0805 733 0902, 0703 606 4311

15. FIN Bank Building ,No 5, Ahmadu Bello Way, Sokoto, Sokoto State. Christian Onwuharaonye (Br. Mgr) 0805 604 1440 Sheu Lamin Way , Opposite Green House Maiduguri, Borno State. Abdul Audu (Br. Mgr)


RC 2107

GREAT NIGERIA INSURANCE PLC

8, Omo-Osagie Street , Ikoyi LagosTel: 01-2670430, 2670423Fax : 01 2693483E - mail :- [email protected] :-www.greatinsure-ng.comDATE OF INCORPORATION: 24th February, 1960DATE OF COMMENCEMENT OF OPERATION: 28th FebruNAME OF CHIEF EXECUTIVE OFFICER: - MRS. C.O. OSIPITANNUMBER OF BRANCHES AND ADDRESSES:-1. Suite 405,4 Floor Mobolaji Bank Anthony Way,

Tel: 01-7931772, 43478212. 33, Ikorodu Road, Jibowu Tel: 77492513. 47/57, Martins Street , Lagos Tel : 26653594. Plot 516, Sultan Abiakar Way , Abuja Tel: 09 8705993, 070398381865. 48, Bampai Road, Kano Tel: 064 9665406. 6A ,Ahmadu Bello Way , Kaduna7. 19, Stadium Road Port Harcourt8. 1, Alhaji Jihmo Odutola ,Ibadan Tel: 02 75190549. 159, Ibrahim Taiwo Road, Ilorin10. Suite 3, 82, Hospital Road, Warri

GREAT NIGERIA LIFE INSURANCE LTD.

RC 21078, Omo-Osagie Street , Ikoyi LagosTel: 01-2695805, 7300015Fax : 01 2693483E - mail :- [email protected] :-www.greatinsure-ng.comDATE OF INCORPORATION: 24th February, 1960DATE OF COMMENCEMENT OF OPERATION: 28th February,1960NAME OF CHIEF EXECUTIVE OFFICER :- MRS. C.O. OSIPITAN

RC: 1808

GUINEA INSURANCE PLC

No 33, Ikorodu RoadJibowu, Lagos. P.O.Box 1136, Lagos.Tel: 01-4622050-2, 018446470E-mail: Website: DATE OF COMMENCEMENT OF OPERATION: 1948DATE OF INCORPORATION: 3rd December, 1958NAME OF CHIEF EXECUTIVE: Mrs. ISIOMA E. OMOSHIE-OKOKUKU

NUMBER OF BRANCHES AND ADDRESSES:1. Waterlines Junction, No. 174 Aba Express Way, Port-Harcourt

Tel: 080331227132. 60A, Old Market Road Opp. Broad Way Cinema, Onitsha

Tel: 08037173340, 081207583563. Edo House (2nd Floor) Akpakpava Road, P.O. Box 1847, Benin

Tel: 080366665994. NNIL Building (2nd Floor), 4, Waff Road, P.O. Box 108, Kaduna

Tel: 080340177765. 3rd Floor Ladi Haladu House, 15, Zaria Road, Kano

Tel: 080541100046. Jinifa Plaza, Plot 1014, Samuel Ademulegun Street, Central

Area District, Abuja Tel: 080345112237. 5th Floor, Skywater Towers. 6, Yomi Oshikoya Street Off

Mobolaji Bank Anothony Way, Ikeja Tel: 08033460118, 08055899973

[email protected]

INDUSTRIAL AND GENERAL INSURANCE PLC

RC 178140

Plot 741, Adeola Hopewell Street , Victoria Island, Lagos. P.M.B.

80181, Victoria Island, Lagos

Tel: +234-1-6215010-4

Fax No: +234-1-6215049

E - mail :- [email protected]; [email protected]

Website: www.iginigeria.com

DATE OF INCORPORATION: 31st October, 1991

DATE OF COMMENCEMENT OF OPERATION: 1st January, 1992

NAME OF CHIEF EXECUTIVE OFFICER: MR. ROTIMI FASHOLA

NUMBER OF BRANCHES AND ADDRESSES (International &

Nigeria):-

INTERNATIONAL NETWORKth1. IGI GHANA LTD Block 1, Design Resource Estate 4 Circular

Road, Near Togo Embassy P.M.B. CT 302 Cantonments Accra,

Ghana Tel: +233 (021) 762121, 785496 Email: [email protected]

2. IGI GAMSTAR INSURANCE CO. LTD., THE GAMBIA 79, Daniel

Golddard Street, P.O.Box 1276, Banjul Tel: +220 4226021,

4226634, 4225069, 4224073, 4229755. www.gamstarinsurance.com

3. NATIONAL INSURANCE CORPORATION, UGANDA Plot 3, Pilkington Road,

P.O.Box 7134, Kampala Tel: +256 (041) 258001-5, (031)258002-

4 Fax: +256 (041) 259925 Email: [email protected] www.nic.co.ug

4. SONARWA s.a, RWANDA 2417, Boulevard de la Revolution B.P.

1035, Kigali, RwandaTel: +250 572101 – 3 Fax: +250 572052

Email: [email protected] www.sonarwa.co.rw

5. LONDON LIAISON OFFICE Suite 67/68, 2nd Floor 65, London

Wall London, EC2M 5TU Tel: 020-7374 0588, 020-7374 0648 Fax: 020-7374 0594

BRANCH NETWORK IN NIGERIA

1. Plot 758, Cadastral Zone AD Central Business District Opposite

Unipetrol, Abuja Tel: 09-2340592, 2342741, 2907543,

08033495121, 08037209897 Fax: 09-2340592

2. No. 2, Warri Street, Off Tafawa Balewa Way Area 11, Garki Abuja

Tel: 08033076655, 08052741475

3. IGI House Plot 2186 (2nd Floor) Wuse Zone 4, Abuja Tel: 09-

2907070, 2907071, 08033214767 Fax: 09-2220098

4. Plot 21/22, University Road, Phase I, Gwagwalada, F.C.T, Abuja

Tel: 09-7817218, 08055384586, 07063162140

5. Plot 41/42 Independence Way Kaduna Tel: 062-7821182,

884423,885530, 08085534876

6. 3, IBB Way, Opp. Hydro Junction, Lokoja, Kogi State Tel:

08037879460, 08024077780, 08053949039

7. Plot 489, Shiroro Road, Minna, Niger State Tel: 08053730375,

08035981950

8. African Alliance Building (4th Floor) Plot F1, Sani Abacha Way,

Kano Tel: 064-630780, 647664, 08036964471, 08022245859

9. 6, Hassan Usman Katsina Way G.R.A., Katsina Tel: 08058021604,

08034075914

10. 6, Ahmadu Bello Way, Sokoto Tel: 08023674994

11. 75/C3 Yakubu Gowon Way, Jos, Plateau State

Tel: 07098705742 – 462534-5, 08034404824 Fax: 073 – 462535

12. 80, Shehu Hashimi Road, Kofa Biyu, Maiduguri, Borno State Tel:

08065554993

13. 23, Railway Bye Pass,Makurdi, Benue State Tel: 08023519555,

07033889745

14. 35, Galadima Aminu Way,Opposite CBN/Commercial Banks,

Jimeta - Yola, Adamawa State Tel: 08037036947

139


141

15. 1, Sunday Adigun Street,Alausa, Ikeja, Lagos Tel: (01) 7743192-3,

08033069986

16. 174, Obafemi Awolowo Way, Ikeja, Lagos. Tel: (01) 6211740-1,

08169991760

17. 180, Awolowo Road, Ikoyi, Lagos Tel: 08033267897,

08055211971

18. 2/4, Bauchi Road, Apapa, Lagos. Tel: 08054052454, 08033072867

19. Monacom Building, N2A, Agoro Odiyan Street, Off Adeola Odeku

Street, Victoria Island, Lagos Tel: 08023279804

20. Reinsurance Building,46, Marina Road, Lagos Tel: 08033254041

21. 574, Abeokuta Expressway, Ojokoro-Ijaiye, Lagos Tel:

08023073426, 08055214330

22. 9, Lebanon Street, Old Gbagi, Dugbe, Ibadan, Oyo State Tel:

08027783905, 08033006827

23. 229A, Ibrahim Taiwo Road,Ilorin, Kwara State Tel: 08035591057,

08056679284, 08035910571

24. Sports Centre,Obafemi Awolowo University,Ile Ife, Osun State

Tel: 036-230850, 08023249881, 08033662262

25. 47B, Oba Adesida Road, Akure, Ondo State Tel: 034-4207259,

08052519802

26. Kay Plaza,18, Lalubu Street, Oke-Ilewo, Ibara, Abeokuta, Ogun

State Tel: 08034067573

27. Moye House, Osogbo/Gbongan Road, Osogbo, Osun State Tel:

08033333361 Tel/Fax: 035-243750

28. 42, Ajilosun Street, Along Akure/Ikere-Ekiti Road, Ado-Ekiti, Ekiti

State Tel: 08033263324, 08079587858

29. African Continental Bank Building, 9, Ogui Road,Enugu Tel/Fax:

042-290657, 08033123213, 08054458528

30. 83, Old Market Road, Onitsha, Anambra State Tel: 046 -872002,

08034023198

31. 43, Ekwena Crescent, Ikenegbu Layout, Imo State

Tel: 08033289761

32. 44, Aba/Owerri Road, Umungasi, Aba,Abia State

Tel: 08037023426, 08053441319

33. 3, Opara Street,Off Waterworks Road, Abakaliki, Ebonyi State

Tel: 08100070045

34. 2, Temple Ejekwu Close, Rumuogba, Off 2nd Artillery,Port

Harcourt, Rivers State Tel: 084-612948, 612963, 612962,

08033387989, 08023393958, 08029179203, 08184802599 Fax:

084-612952, 612953

35. 2, Ikwerre Road, Port-Harcourt, Rivers State Tel: 08033387961

36. 4, Circular Road, GRA, Presidential Estate Phase 2, Port Harcourt,

Rivers State Tel: 08033264989

37. 100, Effurun/Sapele Road, Effurun, Delta State Tel/Fax: 053-

816270, 816406, 08023007023, 08052706375

38. 44, Akpakpava Road, Benin City, Edo State Tel: 052-466733,

08033067801

39. 38, Afaha Uqua Road, Eket, Akwa Ibom State Tel: 08037440097

40. 115A, Ndidem Usang Iso Road, Calabar, Cross River State Tel:

08023003458, 07086922686

41. KM 15, Mbiama/Yenagoa, Yenagoa, Bayelsa State Tel:

08033108735, 08050741542

42. Uyo Akwa Ibom State Tel: 08057219061, 08185541111

INTERNATIONAL ENERGY INSURANCE PLC

RC 6126

Plot 294, Jide Oki, Street Off Ligali Ayorinde, Street Victoria Island, Lagos StateCall: +234 -1- 4616972-4, 2710780, 2712327-8Fax: +234 - 1- 2705770, 2705695Email: [email protected]

DATE OF INCORPORATION: 1969DATE OF COMMENCEMENT OPERATION: 1969NAME OF MD/CEO: MR PETER IRENENUMBER OF BRANCHES AND ADDRESSES:1. Plot 3255, IBB Way, Cadastral Zone Maitama Abuja (FCT) Tel:

+234- 8070516256, 09-7809345 Fax: +234- 80750056612. 82, Adeniyi Jones Avenue Ikeja Lagos State Tel: 01-4605084

nd3. 2 Floor, Navada Plaza Liberty Road, Off Ring Road Ibadan, Oyo StateTel: +234-2- 8719024, 08075992187

4. Ogunleye Complex 59/61, Oyemekun Road Akure Ondo State Tel: +234-27-537261, 08023429453

5. 22 zulu Gambari Road, GRA, Ilorin, Kwara State 6. 10, Evo Road, GRA Phase II Port-Harcourt, Rivers State

Tel/Fax: +234-84-4638787. 10, Evo Road, GRA Phase II Port-Harcourt, Rivers State

Tel: +234-84-465391, 465393Fax: +234-84-465392st8. 1 Floor, Plot 38, MCC Rd Calabar, Cross River State

Tel: +234-87-834341, 080308793639. Thomas House Klm 4, Refinery Road By Mega Hilton Hotel

Ekpan, Warri - Delta State Tel: 08068466608, 0818107539210. Tari Eye Clinic Complex Km 24, Mbiama / Yenagoa Road Biogolo

Epie, Yenagoa Bayelsa StateTel: 08037067177, 0808151120711. 5, Swimming Pool Road Behind Shooting Range Kaduna State

Tel: 0803349636912. 13, Dorawa/Jigawa Road Off Audu Bako Way Kano State

Tel: 08034543004,0807940287713. MA 2, Gondo Aluor Road Lobi Quarters, Makurdi Benue State

Tel: 08055054849, 08032496956

SUBSIDIARY 14.11, Saflo Street Abelenkpe Residential Area Accra, GhanaTel: +233-302-770338, 769365 Fax: +233-302-768944 e-mail:

www.ieighana.com

Website:

www.ieiplc.com

[email protected]

Block138, Plot 5, Gabriel Olusanya Street, Lekki Express Way, LagosTel: 01 2625682, 2625684, 46175371Fax: 01 7170040, 7170044E - mail :- [email protected] Website :- www.gtiinsurance.comDATE OF INCORPORATION: 17th January, 1994DATE OF COMMENCEMENT - January, 1999NAME OF CHIEF EXECUTIVE OFFICER:-MRS. UKACHI ORJINUMBER OF BRANCHES AND ADDRESSES:1. Plot 472, Adetokunbo Ademola Crescent, Wuse II, Abuja -

Tel. 09 5232454, 52324992. 112E, Aba Road, Port Harcourt - Tel. 084 2326203. 71, Allen Avenue, Ikeja - Tel. 01 47116364. 1, Alhaji Jimoh Odutola Road, Dugbe, Ibadan -0

Tel. 02 241145965. 80, Effurun / Sapele Road , Warri - Tel. 053- 24145966. 4, Jingre Road/M/Mohammed Way, Anglo-Jos _Tel. 073 4619707. 5/7, Ali Akilu Road, Kaduna - Tel. 062 3721278. 37, Niger Street, Kano - Tel. 064 6490959. 32, Old Market Road, Onitsha . 046 41214310. 77, Azikiwe Road, Aba -Tel. 082 23431, 223607, 22943611. NACB Building, Owerri -Tel. 083 23434312. 413, Mbiama/Yenagoa Road, Okaka - Tel. 089 49060513. 1A, Jingiri Road, Jos Tel:- 073 461970

KBL INSURANCE LTD.RC 235791


LASACO ASSURANCE PLC

RC 31126

Plot 16 Acme Road Ogba Ikeja P. O. Box 3724, Lagos, Nigeria

Tel: 01 -4638394, 4623455, 4638393, 4638391, Fax No: 4638393


Website:- www.lasacoassurance.com

DATE OF INCORPORATION: 20th December, 1979

DATE OF COMMENCEMENT OF OPERATION: August, 1980

NAME OF CHIEF EXECUTIVE OFFICER: MR. O.O. LADIPO AJAYI

NUMBER OF BRANCHES AND ADDRESSES:

1. 78, Aba Road Port Harcourt, Rivers State. Tel: 084-238404,

084 237487

2. Union Bank Building, 37, Niger Street, Kano Tel: 064-640068

3. Aje House Building, South West Ring Road, Ibadan, Oyo State

Tel: 02-2313219

4. ITF House,6, Adetokunbo Ademola Crescent, Maitama, Abuja

Tel: 09-5232131, 5237163

5. Majek Kembo Building, 24, Lalubu Street, Oke ilewo, Ibara,

Abeokuta, Ogun State Tel: 039-774738

6. 19,Unity Rd.,Ilorin, Kwara State Tel: 08023390258, 08059613979

7. Recabil House,47, Oba Adesida Road, Akure Tel: 08034958562

8. Unique Mall, Plot 562, Ikenegbu Layout, MCC/Uratta Road,

Owerri, Imo State Tel: 08038231938

9. Hamza Zayyad House, (NNIC Building) ,41,Muh. Buhari /

Ahmadu Bello Way, Kaduna Tel: 08039583764

10. 89, IBB Way,Opp. Navy Barracks, Calabar Tel: 08037951134

11. 40,Uselu Lagos Road by Textile Mill Rd. Junction , Benin

Tel: 052 252580, 08056000613

12. ALANTIC HOUSE (UTC Building): 23/27, Wharf Rd. , Opp.

Union Registrar, Apapa, Lagos. Tel: 080231005519s

13. 28, Berkley Street, Onikan ,Lagos, Tel: 08023154626

14. 78, Aba Road Port Harcourt, Rivers State, Tel: 084-238404,

084-237487

15. Union Bank Building, 37, Niger Street, Kano, Tel: 064-640068

16. Aje House Building, South West Ring Road, Ibadan, Oyo State

Tel: 02-2313219

17. ITF House,6, Adetokunbo Ademola Crescent, Maitama, Abuja

Tel:09-5232131, 5237163

18. Majek Kembo Building, 24, Lalubu Street, Oke- ilewo, Ibara,

Abeokuta, Ogun State Tel: 039-774738

19. 19,Unity Rd.,Ilorin, Kwara State Tel: 08023390258, 08059613979

20. Recabil House,47, Oba Adesida Road, Akure, Tel: 08034958562

21. Unique Mall,Plot 562,Ikenegbu Layout, MCC/Uratta Road, Owerri,

Imo State Tel: 08038231938

21. Hamza Zayyad House, (NNIC Building) ,41,Muh. Buhari /

Ahmadu Bello Way, Kaduna Tel: 08039583764

22. 89,IBB Way,Opp. Navy Barracks, Calabar Tel: 08037951134

23. 40,Uselu Lagos Road by Textile Mill Rd. Junction , Benin

Tel: 052-252580, 08056000613

24. ALANTIC HOUSE (UTC Building): 23/27, Wharf Rd. , Opp.

Union Registrar, Apapa, Lagos, Tel: 080231005519

LAW UNION & ROCK INSURANCE PLCRC 6286

14,Hughes Avenue, Alagomeji, Yaba, Lagos

Tel. 01 - 8995010 - 15, 7742073, 7733662-4

E - mail :[email protected], Website www.lawunioninsurance.com

DATE OF INCORPORATION: 16TH June, 1969

DATE OF COMMENCEMENT OF OPERATION:- 1951

NAME OF CHIEF EXECUTIVE OFFICER: -MR. AKINJIDE ORIMOLADE


1. Law Union House 14, Hughes Avenue,Alagomeji Yaba, P.O.

Box 944,Marina , Lagos

2. Ereke House (Ground Floor) Plot 15,IPM Road, Central Business District,

Alausa, Ikeja, Lagos State

3. PIN Plaza,1st Avenue , Festac Town

4. Suit 3,Block B,1st Floor,White House , 79,Adetokunbo Ademola

Crescent, Wuse II, Abuja F.C.T.

5. 2nd Floor, Brooking House, 1, Alhaji Jimoh Odutola Rd. P.M.B.

5122,Ibadan,Oyo State

6. 3rd Floor, UBA Building , 17,Beach Road , Jos, Plateau State

7. 4, Club Road, P.O. Box 541, Kano ,Kano State

8. 89, Aba Road, Garrison Junction, Port Harcourt , Rivers State

9. Ecobank Building 60,Sapele/Effurun Road,P.O. Box 4013,

Warri, Delta State.

10. Oando Building, 4, Constitution Road Kaduna, Kaduna State

11. 3rd Floor, NIDB Building Ado/Owo Road, Alagbaka Akure, Ondo State

12. Jesus Court, 2nd Floor Adeleke, Free Way, Okefia , (Left Wing)

6, Isiaka Osogbo, Osun State

13. (Market Office) C/O Skye Bank Plc,OPIC House, Oke-Owo,

Abeokuta, Ogun State

14. (Marketing Office) C/O Skye Bank Plc, behind Central Bank of Nig.

Federal Housing Estate ,5B Prince Etuk Street Uyo,Akwa Ibom State

15. C/O Skye Bank Plc, Muritala Mohammed way, Ilorin, Kwara State

16. (Marketing Office)Skye Bank Building ,Orere-Owu,Pld Garage,

Ado-Town,Ado- Ekiti

17. (Marketing Office ) C/O Skye Plc,1,Forestry Road, Benin City, Edo State

18. C/O Skye Bank Plc,433 Okene/Kabba Rd., Lokoja, Kogi State

19. 1st Floor , 19, Railway By-Pass , High Level, Makurdi, Benue State

20. 1, Saidu Yabagi/Bosso Rd. Opp. Muritala Park , P.O. Box1369,

Minna, Niger State

LEADWAY ASSURANCE CO. LIMITED

RC 7588

Corporate Office: 121/123, Funso Williams Avenue, Iponri, Lagos

Tel: 01 2700700, Fax: 01 2700800

E - mail :- [email protected]. Website :- www.leadway.com

Registered Office: NN28/29 Constitution Road, Kaduna

Tel: 01 2700700 ext 4100

DATE OF INCORPORATION: 2nd September, 1970

DATE OF COMMENCEMENT OF OPERATION: 5th January, 1971

NAME OF CHIEF EXECUTIVE OFFICER: - MR. OYE HASSAN-ODUKALE


1. Plot 48, Aguiyi Ironsi Street, Maitama, Tel:09 4819339, 08022235873

2. 136, Akarigbo Street, Opposite Mobil Filling Station, Ijokun, Sagamu,

Tel: 08056111398, 037-781651

3 209, Yenagoa Imgbi Road, Opp. Spring Bank Amarata,

Tel: 08029081977, 08039195954

4 8, Igbodo Street, Old GRA, Port Harcourt Tel: 08023043667

141


5. 25, Zaria Road, Gyadi-gyadi Round-about, Kano

Tel: 08022238654, 07038775284

6. 13, Lalubu Street, Oke- ilewo, Abeokuta

Tel: 039-774207,07051389291, 08083448878

7. NACRDB Building , Ado-owo Rd., Alagbaka, Akure

Tel:034-217082, 08030803700, 08054878006

8. 2A Ibrahim Taiwo Road, Jos Tel: 08037011980, 08022235815

9. Last Floor, 8 Railway bye pass, High Level, near Zenith Bank

Markudi Tel: 08025523737, 08063081478

10. Last Floor UBA Building By PZ Kaduna Road, Zaria

Tel:08029003787, 08037003774

11. 7,Kano Road, Sokoto Tel: 08021146587,08036791860

12. 25 Mogaji Are Rd Iyaganku GRA Off Moshood Abiola Way Ibadan

Tel: 08023324284

13. 163 Ajase-Ipo Rd Gaa-Akanbi Junction, Iiorin

Tel: 08055454207, 08066919841nd14. 2 Floor Akala House, 127/129 Chime Avenue, New Haven Enugu

Tel: 08033214990

15. 141, Ndidem Usang Iso Rd/Marian Rd., Calabar,

Tel: 08023246228, 08033218684

16. 84 Akpakpava Street, Benin City,

Tel: 08023369990, 08037545100nd17. Moye House, 2 Floor, Km2, Gbogan-Osogbo Road

Tel: 08022238018, 08055415302, 035-207975

18. Ecobank Building, 60 Effurun/Sapele Road Warri,

Tel: 08033915245, 07029548056rd19. 164 Ikot Ekpene Road (3 Floor), Uyo Tel: 08055054266,

LINKAGE ASSURANCE PLCRC 162306

Plot 20, Block 94, Lekki-Epe Expressway , Lagos. P. O. Box 74175,

Victoria Island, Lagos

Tel: +234 (0) 1 271 6560 1, 271 6572 4, 271 6564 70, 734 9889

Fax : +234 (0) 1 271 6571


Website: www.linkageassurance.com

DATE OF INCORPORATION: 26th March, 1991

DATE OF COMMENCEMENT OF OPERATION:

7 October, 1993

NAME OF CHIEF EXECUTIVE OFFICER: MR. GUS WIGGLE


1. 4, Brass Street ,Aba Tel: 082- 875007, 082- 228242, 082 7432452,

07028054729

2. 4, Yola Street , Area 7, Garki, Abuja , Tel: 09- 8705993, 09-

8708141, 09-2343132 -3, 07028054692, 07028054691,

07028054693, 07028054690, 07028054717, 07028054682,

07028054685, 07028054716

3. 9,Wharf Road,Apapa, Lagos Tel: 07028819028, 07028054728

4. 94, Uselu Lagos Road, Benin Tel: 052- 879179, 052- 600484,

052-468305, 07028806820, 07028806821

5. 70, IBB Way, Calabar, Cross River State Tel: 082- 552862

6. St Nicholas House, 11th Floor, 13, Catholic Mission

Street, Lagos Island, Lagos Tel: 01- 4613513, 01- 2646794-6

7. 2A,Oconnor Road,Enugu Tel: 042- 256759

8. Linkeage Plaza, Plot 20, Block 94, Lekki/Epe Expressway ,Lekki

Tel: 01 2716560, 01-7349889, 01-2793148-9

9. SW9/1130 Old Lagos Road , Orita Challenge by Abeokuta

B/Stop, Ibadan,

Tel: 01-7432450, 02-2318896, 07028054727, 07028054726

10. 11A, Coker Road, Ilupeju Tel: 07028819021

11. 4C ,Tafawa Balewa Street , Jos, Plateau State

Tel: 08023801020, 08033675760

12. Plot 4, Block B, Constitution Road ,by Kigo Road Junction ,Kaduna

Tel: 062- 7301066,, 062- 213396, 07028845808, 07028845801

13. 48,Bompai Road ,Kano Tel: 064- 648722, 064- 7432444 ,

064- 952983, 0708054724

14. Asei World Centre ,57, Aba Road, Port Harcourt

Tel: 084- 750265, 084- 236157, 07028054730, 07028054731,

07028054697, 07028054732, 07028845756

15. 1st, Udo Udoma Avenue, 1 Floor ,Aka Junction by AKBC, Radio House, Uyo

Tel: 08052070897, 08028381682

16. 68, Enerhen Road, Warri Tel: 053- 255843, 08053099117

17. Plot 3,DSP Alameiyeseigha Way, Kella Dry Cleaners Building

Opposite Bayelsa State Treasury, Yenagoa, Bayelsa State

Tel: 089- 490137.

Aret Adams House, 233, Ikorodu Road, Ilupeju, Lagos. TEL: 01-8441177, 08191471029 E-mail: Website: DATE OF INCORPORATION - 18TH APRIL, 1995 DATE OF COMMENCEMENT OF OPERATION - 2ND OCTOBER, 1995GROUP MANAGING DIRECTOR: AKIN OGUNBIYI CHIEF EXECUTIVE MUTUAL BENEFITS ASSURANCE PLC. OLUSEGUN OMOSEHIN CHIEF EXECUTIVE MUTUAL BENEFITS LIFE ASSURANCE LTD-FEMI ADENUGA NUMBER OF BRANCHES AND ADDRESSES –

1. 74, Continental Junction, Hospital Road, Akure. Tel: 08058007030

2. Atlantic House, Ground Floor, 23/27, Wharf Road, Apapa, Lagos.

Tel: 01-7917872, 08085009060

3. Tantolorun Building, Km 1, Idi-Iroko Road, Iyana-Ota Roundabout,

Sango-Otta. Tel: 08038543999

4. 6, Norman Williams Str., S/W Ikoyi, Lagos. Tel: 01-4630807-8,

08055030488

5. Christ in Me Plaza, 446, Old Ojo Road, Lagos. Tel: 07028212282

6. Plot 47/49, Onireke GRA, Ibadan. Tel: 07028445399

7. 80, Airport Road (Opp. Old Airport), Effurun, Warri.

Tel: 080334745571, 08052220201

8. 46, Wetheral Road, Owerri. Tel: 083-801230

9. A.M.K. Plaza, Opp. PDP Secretariat, Jos Road, Lafia.

Tel: 080532709

10. Town Centre/Big Blue, 134, Lagos Road, Jumofak Bus-stop, Ikorodu.

Tel: 08023768149rd11. 3 Floor, ANCE Building, Magazine Jericho Road, Ibadan.

Tel: 08058010001

12. Wordway Plaza, 129, Aba Road Waterlines, Port Harcourt.

Tel: 084-771750, 08023014079

13. Plot 78, Yakubu Gowon Crescent, Asokoro, Abuja.

Tel: 08153535454, 08037644123th14. AinaAdeosun Building, 4 Floor, Gbongan Road, Osogbo.

Tel: 035-207122, 08058007008

15. Nm 20, Constitution Road, Kaduna. Tel: 08054593702,

07028212167

16. 67, Ndidem, UsangIso Road, (Marian Road), Calabar.

Tel: 087-822870, 08033573864

17. 43, Ibrahim Taiwo Road, Kano. Tel: 08058006006

[email protected]

RC 269837

MUTUAL BENEFITS ASSURANCE PLC.

142


MUTUAL BENEFITS LIFE ASSURANCE PLC.

RC 269837

NAME OF CHIEF EXECUTIVE OFFICER: MR. FEMI ASENUGA

19/21, Town Planning Way, Ilupeju, Lagos. P. O. Box 3187, Mushin, Lagos.

Tel: +234 (0) 7098205351, +234 (0) 7098767080


Website: www.mutuallifeng.com

MUTUAL LIBERIA: MUTUAL BENEFITS ASSURANCE COMPANYthMBA HOUSE, 7 Str., Sinkor,Tubman Boulevard, Monrovia, Republic of

Liberia. Tel: +(231) 0493089, 05443827, 06789420,07781225. E-mail:

[email protected], Website: www.mbaplc.com

MUTUAL CAMEROUN: ASSURANCE GÉNÉRALES DU CAMEROUN, BP

1290, 1378 Rue Castelnau, Douala, Cameroun. Tel: +237-9602-2297.

Website: www.mbaplc.com

199, Ikorodu Road, Obanikoro, Lagos.

Tel: 01-4489560-9, 4489570-2

E - mail: [email protected]

Website: www.nem-insurance.com

DATE OF INCORPORATION: 2nd April, 1970


NAME OF CHIEF EXECUTIVE OFFICER: MR. TOPE SMART


1. 3, Lokoja Street,Area 8,Garki ,Abuja

2. 3rd Floor,BOI Building Alagbaka, Akure ,Ondo State

3. 3rd Floor, 4 Commercial Road ,Apapa, Lagos4. No.66 IBB Way, Calabar ,Cross River State5. 3rd Floor , Broking House, 1 Alhaji Jimoh Odutola Street,

PMB 5328, Ibadan, Oyo State6. 10 Rwang Pam Street,P.O. Box 1261, Jos , Plateau State7. Ground Floor , Turaki Ali House ,3 Kanta Road , P.O. Box 822, Kaduna8. 3rd Floor , Union Bank Building , 37 Niger Street, P.O. Box 1185, Kano9. 284 Ikorodu Road , Anthony , Lagos10. 2nd Floor ( AIB Building ), 107 Upper New Market Road, Onitsha11. 1st Floor, Former Afribank Building, Opposite Fakunle Comprehensive

High School, Fakunle, Gbongan/Ibadan Road, Osogbo, Osun State.12. House 2, Road 2 Circular Road, Presidential Estate PortHarcourt13. 57, Effurun / Sapele Road, Effurun, Delta State

NEM INSURANCE PLCRC 6971

NICON INSURANCE PLC

RC 198905

Plot 242, Muhammadu Buhari Way,Central Business District, P.O. Box

5029, Abuja

Tel: 09 4624100

Fax: 02076284142

E- mail: [email protected]

Website : www.niconinsurance.com.ng

DATE OF INCORPORATION: 30th June, 1969

DATE OF COMMENCEMENT OF OPERATION: 1st July , 1969

NAME OF CHIEF EXECUTIVE OFFICER: MR. BAYODE SAMUEL


1. 5, Customs Street, Lagos. Tel: 01-2640230-6

2. 8, Adeyemo Alakija Street, V/Island. Tel: 4701477, 7742630

3. 118/120, Broad Street, Lagos. Tel: 01-2660867, 2660379

4. 46, Allen Avenue, Ikeja. Tel: 01-4961100, 0802 223 6164143

5. 20/22, Commercial Avenue, Yaba. Tel: 01-863166, 4705620,

0803 303 5665

6. 22, Commercial Avenue, Apapa. Tel: 01-5871908, 08033236810

7. Km 37, Abeokuta Expressway, Sango, Ogun. Tel: 039-722240

8. 241, Lagos Bye Pass, Molete, Ibadan. Tel: 02-2310017-18

9. 19, Lalubu Street, Oke Ilewo, Ibara, Abeokuta. Tel: 039-240976, 244152

10. 232, Ibrahim Taiwo Road, Ilorin. Tel: 031-222956, 08033798723

11. Ikirun Road, Osogbo. Tel: 035-240242, 0803 358 7294

12. 5/14, Independent Layout, Enugu. Tel: 042-451369, 451967,

0803 310 1859

13. 56, Ogui Road, Enugu. Tel: 042-252056, 0803 451 6323

14. 62, New Market Road, Onitsha. Tel: 046-212911, 0803 319 1759

15. 43, Okigwe Road, Owerri. Tel: 083-234185, 0803 453 3 026

16. 5, Nsukka Street, Umuahia. Tel: 088-220622

17. 4, Ozo Nwimoka Close, Akwa. Tel: 046-552516

18. 37,Ogoja Road, Abakaliki. Tel: 043-220880

19. Plot 1B, Yakubu Gowon Way, Kaduna. Tel: 062-248240, 248242

20. 5, Birnin-Kebbi Road, Sokoto. Tel: 060-233682, 232532

21. 10A, Sokoto / Zaria Road, Gusau. Tel: 063-202288

22. 4, Park Road, Zaria. Tel: 069-334443, 335345, 0803 451 9770

23. 1, Emir Yaya Road, Birnin-Kebbi. Tel: 068-321401

24. 13B, Post Office Road, Kano. Tel: 064-630409, 635063, 635903

25. 7, IBB Way, Kofar Kaura, Katsina. Tel: 065-432842, 0803 788 7918

26. Kiyawa Road, Dutse. Tel: 064-721163, 721164

27. 22/24, Aba Road, Port Harcourt. Tel: 084-233425, 0803 721 6667

28. 13, Factory Road, Aba. Tel: 082- 222285, 0803 702 3426

29. 1, Barracks Road, Calabar. Tel: 087-222241, 0802 364 6349

30. 5, Wellington Bassey Way, Uyo. Tel: 085-200693, 0802 345 9247

31. 16, Eket Oron Road, Eket. Tel: 085-701637, 0802 354 3072

32. 1, Bunas Street, Yenagoa. Tel: 089-490164, 0803 592 5121

33. 55, Akpakpava Street, Benin City. Tel: 052-257575

34. 289, Warri Sapele Road, Warri. Tel: 053-250541, 08023459245

35. 377, Nnebisi Road, Asaba. Tel: 056-280658, 0802 345 8226

36. 221, Arakale Street, Isinkan, Akure. Tel: 034-241490, 241353

37. 95, Ajilosun Street, Ado-Ekiti. Tel: 030-251990, 0803 453 2067

38. NICON Hilton Hotel, Abuja. Tel: 09-4131228, 4131456

39. Bank Road, Minna. Tel: 066-222063, 221527, 221376

40. 26, Abdullahi Shelleng Road, Makurdi. Tel: 044-533908, 0803 358 7276

41. 20, Kabba / Okene Road, Lokoja. Tel: 058-220170, 08033582931

42. 1, New Market Street, Nasarawa. Tel: 047-221353

43. Secretariat Road, Gwagwalada, Abuja. Tel: 09-8821571, 8821671

44. 18, Shehu Laminu Way, Maiduguri Tel: 076-342746, 232126, 342320

45. 94, Mohammed Mustapha Way, Yola. Tel: 075-624705

46. Plot NR 2, Kashim Gan Gedan Street, Damaturu. Tel: 076- 522528

47. 23, Hamma Ruwa Road, Jalingo. Tel: 079-223660, 223661

48. 4, Secretariat Road, Jos. Tel: 073-465184, 466075, 465828

49. Biu BCG Road, Gombe. Tel: 072-221974

50. Bank Road, Bauchi. Tel: 077-543628, 0802 355 8360

51. 21, Worship Street, London. Tel: 0207 628-2877


RC 6484

NIGER INSURANCE PLC

48 / 50, Odunlami Street, P. O. Box 2718, Lagos.

Tel: 01-2630862, 2630887, 2630928, 2632343,2632941 2601327

Fax: 01-2662196


Website: www.nigerinsurance.com

DATE OF INCORPORATION: 29th August, 1962

DATE OF COMMENCEMENT OF OPERATION: 29th August, 1962

NAME OF CHIEF EXECUTIVE OFFICER: MR. DAUDA KOLAPO ADEDEJI


1. 302, Ikorodu Road, Anthony. Tel: 01-4932052, 4960185

2. 47, Marina, Lagos. Tel: 01-266

3. 41/43, Itire Road, Surulere. Tel: 7738474, 0803 308 5970

4. 11, Akobale Layout, S.W. Ring Road, Ibadan. Tel: 02-2313873

5. 42/49, Warehouse Road, Apapa. Tel: 01-5878092

6. 23, Quarry Road, Abeokuta. Tel: 039-242983

7. 168, Ibrahim Taiwo Road, Ilorin. Tel: 031-223057

8. 5, Idowu Taylor Street, V/Island. Tel: 01-2629090-1, 612069, 612988

9. 9, Aba/Port Harcourt Expressway, Port Harcourt.

Tel: 084 332717, 237838, 489184

10. 27, Welheral Road, Owerri. Tel: 083-230833

11. 17, Udoumana Street, Uyo. Tel: 085-200133, 200126

12. 71, Old Market Road, Onitsha. Tel: 046-414289

13. Plot 208, Zakariya Maimalari Central Business District, Abuja. Tel:

09-2345600,2343075, 234992808055245301

14. NUJ House, Akpa Street, Makurdi. Tel: 04 4-531335

15. Abdusallam way, Minna. Tel: 066-223719, 08033566048

16. 35, Ndidem Usang Iso Road, Calabar. Tel: 087-237180

17. 69, Effurun / Sapele Road, Effurun, Warri. Tel: 053-257389

18. 28/30, Bukuru Bye Pass, Jos. Tel: 073-461620

19. 34/36, Abdukadir Ahmed Road, Bauchi. Tel: 077-542732

20. 1, IBB Way, Katsina. Tel: 065-431969

21. 40, Atiku Abubakar Road, Jemila, Yola. Tel: 075-627631

26. Plot B, Ahmadu Bello Way, Kaduna. Tel: 062-249672

27. 153, Sir Kasim Ibrahim Road, Maiduguri Tel: 076-233925

28. 21, Zaria Road, Kano. Tel: 064-660014, 664342

29. 1136, Ahmadu Bello Way, Sokoto. Tel: 060-233188

30. NIDB Building, Alagbruka, Akure Tel: 034 215066, 08053375115

31. Plot 32, Obana Motors, Abuja Tel:09- 8820457

32. 39, Hospital Road, Jimeta, Yola. Tel: 075-625807

33. 6, Ahmadu Bello Way, Bauchi. Tel: 077-542379

34. 148,Ikpoba Slope , Benin Tel: 052 259631, 08033602733

35. 433, Nnebisi Road,.Aba Opposite Federal Micheal Cen. Asaba

36. 20, Mbonu Street , D/line Port Harcourt Tel: 08059078291

37. 5, Macualay Street, Bonny Rivers Tel: 084-270690, 08034305464

NIGERIAN AGRICULTURAL INSURANCE CORPORATION

PLOT 590, ZONE A. O CENTRAL AREA,P.O BOX 3754 GARKI, ABUJA.TEL: 09- 4614826,4614828,4614847FAX: 09- 4614825E-MAIL- [email protected]: www.naic.com.ngDATE OF INCORPORATION :1993DATE OF COMMENCEMENT OF OPERATION: 15 DECEMBER, 1987NAME OF CHIEF EXECUTIVE OFFICER: MR. BASHIR HALIRU BINJI

NUMBER OF BRANCHES AND ADDRESSES

1. Uacn Complex (now yewa plaza ) Ibara Building, Abeokuta.

Tel:08036259476

2. 96 Iwo road ,Opposite Army Barracks, Ibadan. Tel: 08033492070,

08120457837

3. Shop 3 Yinka Oba Complex, Iwo/Ibadan road Osogbo,

Tel: 08036425653, 08098290906

4. 39b Oba Adesida Road, Akure .Tel: 08065595707

5. 6 Akpakpava Street, Benin City. Tel: 08035900530

6. 433 Nnebisi Road ,Opposite Federal Medical Centre Delta.

Tel:08069562243

7. 22 ,108 Ajilosun Street Ado Ekiti. Tel: 08023700182nd8. Kingsway building 2 floor 51/52 Marina Lagos Tel: 08034192598

9. No 14 Hassan Usman Kastina Road Opposite Markudi hotel

G.R.A Kastina Tel: 08036493454,08035398698,08054506009st10. No 14 Bank Road 1 Bank Building Kaduna.Tel: 08033330364

11. Narcdb Plaza no 31-34 Broad street , Farm Centre Kano.

Tel: 07031254772,08164277219

12. Gidan Chiroma Opposite Abbatoir Dutse. Tel: 08091242616,

08152718698

13. 8 Maiduguri Road , Maiduguri .Tel: 08027439074

14. Sambawa House ,25 Ahmadu Bello way, Birnin Kebbi.

Tel: 08053602572, 08036311676

15. 10 Sokoto/Zaria road Gusau . Tel: 08034224167

16. Gidan Chiromawa Opposite Mordern Abbatoir ,Dutse.tel:

17. 1EbituUkiwe/Bosso Road Minna. Tel: 08035073790,

08094562747, 08035824363

18. 12 Ali Akilu Road Markudi. Tel: 08122488199

19. 159, Ibrahim Taiwo Road Ilorin.tel:08055084123,08062770688

20. Behind Stadium & Children Amusement Part, Lokoja.

Tel: 08066196474

21. Jos/Markudi road along Uac road , behind Mobile filling station

opposite parade ground , Lafia.tel: 08037020189

22. 63b ,Nnamdi Azikiwe Road, Anambra.tel:08065596641

23. 43 Okigwe Road Owerri.Tel 08037864358,08037182367

24. No 7 Uzuakoli Road Umuahia,Umuahia.tel:08037784391

25. 50 Zik Avenue , Uwani , Enugu. Tel 08035973181

26. Plot no 9 Bank Layout , Etim Etoi, uyo. Tel: 08023150432,

08035814988

27. No 32a Nelson Mandela road, Calabar. Tel 08037417660

28. No 1 water works road Abakiliki, ebonyi. Tel: 08033071482,

07025169946

29. No 1 Azikiwe road port harcourt.tel:08037872331

30. BIU road near Nacrdb Gombe. Tel:08037865925,07029619180

31. Naic building ,no 14 sir Kashim Ibrahim way Maiduguri.

Tel: 08027439074

32. Gujiba road , Damaturu,yobe.tel:08069442535

33. Block no 4 investment house Jalingo. Tel: 08033660900, 08029229622

34. Giwo house Bauchi, no 6 Ahmadu Bello way Bauchi.

Tel: 08036165489,08028415625

35. Universal plaza,no 10 galadima aminu way, yola.

Tel: 08052733370, 08036618664

144


36. No 677 Melford Okilo way opposite Aricona filling station

Yene Zue-gene,Yenegoa, bayelsa. Tel:07067583704rd37. Dogon daji house, 3 floor ,no 5 Maiduguri road sokoto

Tel: 08036085489,08024588777

NIGERIA REINSURANCE CORPORATION

Plot 784 Herbert Macaulay Way (North), Central Business District,P.M.B. 292 Garki, Abuja, FCT, Nigeria Tel: 0709811077146, Marina. P.M.B. 12766, Lagos, Nigeria Tel: 07098111677E- mail: [email protected] [email protected] : www.nigeriareinsurance.comDATE OF INCORPORATION: 1977DATE OF COMMENCEMENT OF OPERATION: Jan. 1st 1978NAME OF CHIEF EXECUTIVE OFFICER: LADY ISIOMA CHUKWUMA

NSIA INSURANCE COMPANY LIMITED

RC 1296283, Elsie Femi Pearse Street, Victoria Island, Lagos

Tel: 01 4618940 3 Fax: 01 4618944


Website :- www.nsiainsurance.com

DATE OF INCORPORATION :18th April, 1989

DATE OF COMMENCEMENT OF OPERATION:- September, 1989

NAME OF CHIEF EXECUTIVE OFFICER:- MRS. CHIOMA SIDESO


1. ABUJA: 18, Djoubti Street, Wuse 2 Abuja.

2. IBADAN: 14, Ring Road, Challenge, Ibadan

3. ONITSHA: 46, Iweka Road, Onitsha, Anambra State

4. PORT-HARCOURT: 18, Stadium Road, Port-Harcout , River State.

5. KADUNA: 17F, Independence Way, 2nd Floor Mazangari Plaza,

Kaduna.

6. WARRI: 84, Effurun Warri Road, Delta State.

REGENCY ALLIANCE INSURANCE PLC.RC 223946

2, Ebun Street, Gbagada Expressway Gbagada, Lagos, Lagos State.

POSTAL ADDRESS: P.O.Box 70333 Victoria Island, Lagos, Lagos state

Tel:234 (1) 08053499073, 08053499074

E - MAIL: [email protected]

WEBSITE: www.regencyalliance.com

DATE OF INCORPORATION: June 16, 1993

DATE OF COMMENCEMENT OF OPERATION: April 1994.

CLASS OF BUSSINESS: General Insurance

NAME OF CHIEF EXECUTIVE OFFICER: MR. OLUBIYI OTEGBEYE

BRANCHES AND ADDRESSES:

1. 95, Azikiwe Road Aba-Abia State- Tel: 08087667600

E-mail:[email protected]

2. 2, Segun Osoba Street, Oke-Ilewo, Ibara, Abeokuta Ogun-

State, Tel:08087667601 E-mail: [email protected]

3. A5 Bobsar Complex, Plot 1035,Michika Street off Ahmadu Bello

Way,Garki11,FCT, Tel: 08083869963,


4. Suite 9, Aniyeloye Shopping Mall, Conoil Filling station, Fajuyi,

Ado-Ekiti, Ekiti State,

Tel: 08087667606, E-mail [email protected]

5. 97b, Forestry Road, Benin, Edo State Tel :08087667614,

E-mail: st6. Subulade Plaza (1 Floor) 32, Anfani Street, off Ring Road Ibadan,

Oyo State Tel:08126010472 E-mailIbadanregion@ regencyalliance. comrd6. Turaki Ali House (NNDC Building) 3 Floor, 3, Konta Road Kaduna,

Kaduna State Tel: 08087667608 E-mail: [email protected]

7. 44, New Market Road, Onitsha, Anambra State Tel: 08087667609


8. Opposite Tantalizer,Ogo Oluwa,along Gbongan/Ibadan Expressway,

Oshogbo, Osun State Tel: 08087667610

E-mail: [email protected].

9. 2,Ezimgbu Link Road, G.R.A Phase IV, Port Harcourt, Rivers

State, Tel:08087667613 E-mail [email protected].

10. 46, Effurun/Warri Road,Opp.UBA Bank Plc, Warri, Delta State

Tel: 08087667616 E-mail [email protected]

11. 63, Weltheral Road, Owerri, Imo State, Tel:08087667612,

[email protected].

12. 9, Kasunmu Ekemode Street, off Saka Tinubu Street, Victoria -

Island, Lagos, Lagos State, Tel: 01-8130621


[email protected]

OLD MUTUAL NIGERIA LIFE INSURANCE COMPANY RC 2558142

2nd Floor Ecobank Building, 21 Ahmadu Bello Way, Victoria Island, Lagos, Nigeria.Tel: +234 (01) 277 2200Fax: +234 (01) 277 2210E - Mail: [email protected] Website: www.oldmutual.com.ng

th DATE OF INCORPORATION: 5 March, 2013 th DATE OF COMMENCEMENT OF OPERATION: 5 March, 2013

NAME OF CHIEF EXECUTIVE OFFICER: MR. KEITH ALFORD1. 20, Adetokunbo Ademola Victora island , Lagos 2. 1st Floor Ecobank Building, 333 Trans Amadi Industrial Layout,

Port Harcourt, Nigeria.st3. 1 Floor Ecobank Building, 19 Dunukofia Street, Area 11, Garki

Abuja, Nigeria.

Plot 19, Ligali Ayorinde Street, P.O.Box 650, Marina, Lagos.

Tel: 4610641-2, 2713713

Fax: 01-2713712,461


Website: www.prestigeassurance.com

DATE OF INCORPORATION: 6th January 1970


NAME OF CHIEF EXECUTIVE OFFICER: DR. BALLA SWAMY


1. 38, Beruit Road Civic Centre, Kano P.O. Box 809 Tel: 064-633050

2. 13, Aba Road, P.O. Box 2506, Port Harcourt Tel: 08027338725

3. 53, Oyo Road, Oremeji Mokola , Ibadan, Tel: 02-871687

PRESTIGE ASSURANCE PLC.RC 6753

3rd Floor EDC Building 19A Adeola Odeku Victoria Island, Lagos, Nigeria.

Tel: +234 12793793742-6 Fax: +234 12772210 DATE OF INCORPORATION: January, 2014

DATE OF COMMENCEMENT: January, 2014.

NAME OF CHIEF EXECUTIVE OFFICER: MRS. RACHAEL EMENIKE

OLD MUTUAL NIGERIA GENERAL INSURANCE COMPANY

RC: 255842

145


ROYAL EXCHANGE GENERAL INS. CO. LTDRC 6752

34/36, Apapa-Oshodi Expressway, Charity B/Stop, Oshodi P. O. Box 112,

Lagos

Tel: 01-7925494, 2691048, 2694503 ,

Fax: 01-2694504

DATE OF INCORPORATION: 29th December, 1969

DATE OF COMMENCEMENT OF OPERATION: 27th May, 1977

NAME OF CHIEF EXECUTIVE OFFICER: MR. BENJAMIN AGILI

NAME CHIEF EXECUTIVE OFFICER: MR. WALE BANMORE


1. 34/36, Oshodi/Apapa Expressway, Oshodi. Tel: 01-4968010-6

2. 1, Asa Road, Aba. Tel: 082-220477, 220450

3. Plot 1950, Algiers Street, Wuse Zone 5, Abuja. Tel: 09-5238846

4. 94, Oyemekun Road, Akure. Tel: 034-241971

5. 22, Warehouse Road, Apapa. Tel: 5876122

6. 357, Wunto, Bauchi. Tel: 077-543455

7. 75, Igun Street, Benin. Tel: 052-251373

8. 19, Ogui Road, Enugu. Tel: 042-256396

9. Cocoa House, Ibadan. Tel: 02-2411628

10. 4, Kodesho Street, Ikeja. Tel: 4968020-3

11. 159, Ibrahim Taiwo Road, Ilorin. Tel: 031-222564

12. 8, Bank Road, Jos. Tel: 073-453739

13. 5, NBC Road, Kaduna. Tel: 062-240219, 240471

14. 2B, Post Office Road, Kano. Tel: 064-633587-8, 633655

15. 38, New Market Road, Onitsha. Tel: 046-411018

16. 5, Kashim Ibrahim Road, Maiduguri. Tel: 076-232271

17. 22/24, Aba Road, Port Harcourt. Tel: 084-234884

18. 10, Maiduguri Road, Sokoto. Tel: 060-230809

19. 82, Sapele Road, Effurun, Warri. Tel: 0802 309 4700

20. 55B, Mubi Road, Jimeta, Yola. Tel: 075-725002

146

SOVEREIGN TRUST INSURANCE PLC

RC 31962

17, Adetokunbo Ademola Street, Victoria Island, LagosP. O. Box 74393, Victoria Island, Lagos.TEL: 01-4615006-9FAX: 01-4617200, 4615817E-mail: Website: DATE OF INCORPORATION: 2nd January, 1995DATE OF COMMENCEMENT OF OPERATION: 1980NAME OF CHIEF EXECUTIVE OFFICER: MR. OLAOTAN SOYINKANUMBER OF BRANCHES AND ADDRESSES:1. Abuja Area Office: 40, Agadez Crescent, Off Aminu Kano Crescent, Wuse II, Abuja 2. Aba Branch Office: 97, Azikwe Road, Aba, Abia State3. Umuahia Branch Office: 3, Okpara Square, Umuahia, Abia State4. Yenagoa Branch Office: 53, Mbiama-Yenagoa Road, Bond Bank

Building, Yenagoa, Bayelsa State

[email protected]

5. Calabar Agency Office: 45, Murtala Mohammed Highway, Calabar, Cross-River

6. Asaba Branch Office: 5, Ilah/ Govt. House Road, Asaba, Delta State7. Warri Branch Office: Suite 13/14, Nosky Plaza, Opposite Shell

Contractor's Gate, Ogunu, Warri, Delta State8. Benin Agency Office: 37, Forestry Road, Benin-City, Edo State9. Ado-Ekiti Branch Office: 16, Ajilosun Street, Ado-Ekiti, Ekiti State10. Enugu Branch Office: 172, Ogui Road, Enugu State11. Kaduna Branch Office: 16, Ahmadu Bello Way, CB Finance House,

Kaduna State12. Kano Branch Office: 4C, Murtala Mohammed Way, Kano State13. Ilorin Branch Office: 232, Ibrahim Taiwo Road, Starcomms Building,

Ilorin, Kwara State14. Lagos Agency Office: 239/241, Ikorodu Road, Elephant House,

Anthony, Lagos State15. Apapa Area Office: 20, Commercial Road, Apapa, Lagos State16. Ikeja Area Office: 11, IPM Avenue, Off Obafemi Awolowo Way,

Alausa, Ikeja, Lagos17. Lagos Area Office: 9/11, Macarthy Street, Onikan, Lagos18. Surulere Area Office: 13, Razak Balogun Street, Surulere, Lagos19. Akure Branch Office: 3, Alagbaka Junction, Akure, Ondo20. Abeokuta Agency Office: 23, Quarry Road, Laderin House, Abeokuta, Ogun

rd21. Osogbo Agency Office: Trinity House, 3 Floor, Onward Area, Gbongan-Ibadan Road, Osogbo, Osun State

22. Ibadan Area Office: 87, Obafemi Awolowo Road, Oke-ado, Ibadan, Oyo State

23. Jos Agency Office: 20, Ahmadu Bello Way, Jos, Plateau State24. Port-Harcourt Area Office: 47, Trans-Amadi Industrial Lay-out,

Port-Harcourt, Rivers

STACO INSURANCE PLC

RC 167274

209, Herbert Macaulay Street ,Ebute Metta. P.M.B. 1018, Sabo,

Yaba, Lagos.

Tel: 01 7741181, 7740571, 77311880, 2952696-7, 4758852-3

Fax: 3425466

E- mail: [email protected]

Website: www.stacoplc.com

DATE OF INCORPORATION: September 1994


NAME OF CHIEF EXECUTIVE OFFICER: MR. SAKIRU OYEFESO


1. 143, Azikiwe Road, Aba, Abia State

2. Plot 118,Aminu Kano Crescent , Wuse II FCT , Abuja

3. 1st Floor,BOI House , End of Oba Adesida Road, Alagbaka, Akure

4. 1 Ibikunle Akintoye Street,Off Randle Road , Apapa

5. 28, Illah Road, Opposite Nelrose Hotels, Asaba,Delta State

6. 229 Zik's Avenue ,Akwa ,Anambra State

7. 111, Chime Avenue ,2nd Floor, New Haven, Zanda's Plaza, Enugu

8. 4 Beach Road ,Ahmadu Bello Way (Beach House ) Jos, Plateau State

9. 29 Ring Road by DHL, Ajeigbe, Ibadan ,Oyo State

10. 32, Mobolaji Bank Anthony Way,Ikeja , Lagos

11. 4, Constitution Road , Beside OANDO Filling Station, Kaduna

12. 36, Ibrahim Taiwo Road, Kano , Kano State

13. 31, King Perekule Street,GRA Phase II ,Port Harcourt

14. 174, Ikot Ekpene Road , Uyo ,Akwa Ibom State

15. 292F, Ajose Adeogun Street, Victoria Island ,Lagos

16. 255, Effurun/Sapele Road , Beside Oceanic Bank Effurun , Warri

17. 193B, Mbiama Street , Yenagoa Road, Yenagoa State

ROYAL PRUDENTIAL LIFE ASSURANCE PLC


STANDARD ALLIANCE INSURANCE PLC

RC 40590Lekki Scheme 1, Plot 1 Block 94, Lekki - Epe Expressway, Lekki, LagosTel: 01-4616201-2, 7741644-5Fax: 01-4619199E - mail: [email protected]: www.sainsurancegroup.comDATE OF INCORPORATION: 28th July, 1981DATE OF COMMENCEMENT OF OPERATION: 5th July, 1983NAME OF CHIEF EXECUTIVE OFFICER: MR. BODE AKINBOYENUMBER OF BRANCHES AND ADDRESSES:1. North Regional Office (Abuja) ,3,Warri Street , Garki Area 11,Abuja2. West Regional Office (Ikeja), 16,Opebi Road, Opposite Olajuwon

House, Opebi Ikeja,Lagos3. South-South Regional Office (Port Harcourt), 11B, Circular Road,

Presidential Estate, Port Harcourt4. South East/Mid West Regional Office (Warri), 52, Airport Road

Effurun, Warri Delta State5. Onitsha Office , 44,New Market Road, Onitsha ,Anambra State6. Kano Office , 38, Beirut Road,By Civic Centre, Kano State7. Calabar Office , Davamdy House ,2nd floor49, Murtala Muhammed

Way Calabar ,Rivers State8. Jos Office, 193, Buruku Bye-Pass British American Junction , Jos9. Apapa Office, 28, Kofo Abayomi Street ,Via Flower Mill, Apapa,

Lagos State10. Yengoa Office, First Atlantic House , 76, Mdiama-Yengoa Road,

Bayelsa State11. Aba Office , 177,Azikiwe Road, Aba , Abia State12. Kaduna Office 18, Major General Muhammadu Buhari way,

(3rd Floor ,NIDB Building ) former Wharf Road,Kaduna13. Ilorin Office 119A,Ibrahim Taiwo Road , Rabelat House, Ilorin ,

Kwara State14. Ibadan Office ,20, Bolumole Street, Off Ring Road ,NEPA B/ stop

Ibadan, Oyo State15. Osogbo Office, Suite 33, Afi-Adura Shopping Complex Atekuwode

Road Osogbo16. Maiduguri Office , 3rd Floor , 56 Shehu Laminu Way Maiduguri17. Abeokuta Office , 9, Olusegun Obasanjo Way,Ita- Eko , Abeokuta,

Ogun State18. Akure Office, 2nd Floor NACRDB Building ,Alagbaka Road, Akure

Ondo State

Plot 285, Ajose Adeogun Street Victoria Island, LagosTel: 01-4617678-9, 4616241, 7748195Fax: 01-4616241E-mail: [email protected], [email protected]: www.salifeng.comDATE OF INCORPORATION: MAY 20, 1999DATE OF COMMENCEMENT OF OPERATION: JANUARY 2000NAME OF CHIEF EXECUTIVE OFFICER: NUMBER OF BRANCHES AND ADDRESSES:1. 3 Warri Street, off Tafawa Balewa Way, Behind ICC, Area 2, Abuja.2. 7, New Bridge Road, Makurdi3. NDIB House (3rd Floor), Behind Zenith Bank, Shehu Laminu Way,

Maiduguri.4. Hafsat Plaza, 4, Constitution Road, Behind Oando Filling Station,

Kaduna5. 38 Beiru Rd, By Civic Centre Road, Kano6. 193, Bukuru Rd, British American Junction, Jos7. Suite 1, IICO Building, Mohammed Mu'azu Road, Opp. Niger

State Supply Company, Minna.8. 60B, Old Market Road, Onitsha, Anambra State9. 26, Orlu Road New Nkwo Ogbe Market Square, Ihiala.

10. 78, Hospital road, by Asa Road, Aba, Abia State

11. 1A Chime Avenue New Haven, Enugu

12. 70 Douglas Road, Owerri, Imo

13. 48, Old Aba Road, Rumuobiokani, Port Harcourt, Rivers

14. 43, Muritala Mohammed Highway, Calabar.,Cross River

STANDARD ALLIANCE LIFE ASSURANCE LIMITEDRC: 356258

147

15. APICO Investment House, 2nd Floor, Olusegun Obasanjo Way, Uyo.

16. 151 Iganmode Road Otta,Ogun

17. 2A Olusesi Osoba Way, Oke-Iiewo, Abeokuta,Ogun

18. 46, Ibadan Road, Ijebu Ode

19. Plot 3, Fagun Road, Sovereign Trust Insurance House, 2nd Floor,

Right Wing, Alagbaka, Akure.

20. 42A Oke-fia street, Osogbo

21. 20, Bolumole Str., Off Ring Rd, NEPA Bus Stop, Ibadan.

22. Ilorin branch: 163, Ibrahim Taiwo, Décor Plaza, Ilorin.

23. 453 Nnebisi Road, Avanti Plaza, Asaba,

24. 9, Airport Road, Warri

25. 80, Isoko Road, Ughelli

26. 131, Sapele Road,Road Benin-City

27. 12B,Kofo Abayomi Street, Apapa.

28. 1 CAC Road Off Benson B/Stop Ikorodu

29. 115, Ladipo Street, Papa Ajao, Ladipo, Mushin.

30. 9, Oyetubo Street,Infinite Plaza, Off Awolowo Way, Ikeja.

31. Zone A T1, Opposite Block A1 Line, Aspamda, Trade Fair Complex,

Badagry Expressway.

32. 87/89 Lagos road Opposite Badagry Grammar School, Badagry.

33. 10 Akewusola street, off Lagos Road, Opp. First Bank, Epe.

34. 43, Martins Str., Mandila Building, Marina

35. 108, Ikorodu Rd, Palm Groove Bus Stop

Capital Building332, Ikorodu Road, Idi-Oroko Bus-Stop, Maryland, LagosTel: 01 – 7730406, 01 -7612060E-mail: Website: DATE OF INCORPORATION: 1990DATE OF COMMENCEMENT OF OPERATION: 1991NAME OF CHIEF EXECUTIVE OFFICER: FATAI K. LAWAL

NUMBER OF BRANCHES AND ADDRESSES:1. PORT HARCOURT 2, Ikwere Road Port Harcourt Rivers State2. IBADAN BRANCH S/W 1407, Ring Road (Opposite Honey Petrol Station) Ibadan, Oyo State3. KADUNA BRANCH Unity Bank Regional Office Building 1, Intercity Road, Morgadishu Layout Off Ahmadu Bello Way, Kaduna4. KANO BRANCH Union Bank Building (1st floor) 37, Niger Street Kano5. ABUJA BRANCH Suite C1 Shelter Aid Plaza Plot 2371 Mambolo Street Beside First Bank Plc, Wuse Zone 2, Abuja6. WARRI BRANCH Ken Plaza, 229, Jakpa Road Effurun, Warri Delta State7. CALABAR BRANCH 1b, Edabor Street, Off Marian Road Calabar Cross River State8. ILORIN BRANCH 19, Unity Road Ilorin Kwara State9. ADO-EKITI BRANCH Suite 10, Aniyeloye Shopping Mall, By Conoil Petrol Station, Along Fajuyi Road, Ado-Ekiti, Ekiti State

[email protected]

STERLING ASSURANCE NIGERIA LIMITED

RC 155682

UNITED METROPOLITAN NIG. LIFE INSURANCE COMPANY LIMITEDRC 605083

UBA HOUSE ,4 Floor Marina ,LagosTel: 01- 9068800-5E-mail: [email protected]: www.ubametropolitan.comDATE OF INCORPORATION: 19, August 2004DATE OF COMMENCEMENT OF OPERATION: 19, April 2004NAME OF CHIEF EXECUTIVE OFFICER: MR. LIVINGSTONE MAGORIMBO

NUMBER OF BRANCHES AND ADDRESSES:1. Head Office, UBA House ,4th Floor Marina,Lagos2. 18, Adetokunbo Ademola Wuse II,Abuja

3. 20, Trans Amadi Industrial Layout, Port Harcourt


HEAD OFFICE: Unitrust House, Plot 105B Ajose Adeogun Street, Victoria Island, LagosP. O. Box 1202 Marina, Telephone: 01-2703132-5, 2701167-9, 4617031-2, 4626850-2, GSM: 08036000060Fax: 01-2701165, 4626854E-Mail: [email protected]: www.unitrustinsurance.net DATE OF INCORPORATION: 1981DATE OF COMMENCEMENT OF OPERATION: 1986NAME OF CHIEF EXECUTIVE OFFICER: MR JOHN IJERHEIME

NUMBER OF BRANCHES AND ADDRESSES: 1. PORT HARCOURT BRANCH: Plot 290 Danjuma Drive, Trans

Amadi Ind. Layout, Port Harcourt, River State; Telephone: 084-461534-5. 0803 3008740, 0803 3008741

2. ABUJA BRANCH: Dune Centre, 44, Aguiyi Ironsi Way, Maitama, Abuja FCT. Telephone: 09-4612720-2

3. IBADAN BRANCH: 1 Alhaji Jimoh Odutola Road, Broking House, Dugbe Ibadan. Telephone: 08163810554

UNITRUST INSURANCE COMPANY LIMITED

Plot 497, Abogo Largema Street, Off Constitution Avenue, Central

Business District, P.M.B 13233 Wuse, Abuja, FCT-Nigeria 900211.

Website:

Email:

461 9900

Fax: 09 461 9901


NAME OF CHIEF EXECUTIVE OFFICER: MR. M.D. DOGO

NUMBER OF BRANCHES AND ADDRESSESrd1. Abuja Zonal Office-3 Floor, Left Wing, unitykapital Assurance Plc,

Plot 497 Abogo Largema Str, Off Constitution Av, CBD Abuja-

FCT Ambali Olugbenga (Zonal Head).

2. LAFIA BRANCH OFFICE White House, Opp. PHCN Office, Makurdi Rd,

Lafia. Hauwa K. Hassan (Branch Head) 08033491972

3. MINNA BRANCH OFFICE.2, Airport Rd, Minna. Kusogi Abdulmumini

Adamu (Branch Head) 08050248655

4. LOKOJA BRANCH OFFICE Gains Plaza, No. 2, Marine Road by

General Post Office junction, Lokoja, Kogi state. Akor Ademu Sabah

(Branch Head) 08033300905

5. JOS BRANCH OFFICE 55, Murtala Mohammed Way, Jos. Ali Ado Julius

(Branch Head) 08038066723

6. PORT-HARCOURT ZONAL OFFICE Unity Bank Plc Premises 198A,

Aba Road, Opp. Presidential Hotel, PH. Modebe Ogbonna

(Zonal Head) 07060606258/08033790285

7. WARRI BRANCH OFFICE No. 69, Sapele/Effurun Rd., Effurun,

Warri Napoleon Atanafe (Branch Head) 08023122061

8. PORT HARCOURT BRANCH OFFICE Unity Bank Plc Premises,

198A, Aba Road, Opp. Presidential Hotel, Port Harcourt.

Victor Opara Uzodinma (Branch Head) 08056037351

9. CALABAR BRANCH OFFICE Ephraim Keys Int'l Plaza, No. 45, Murtala

Mohammed Highway, Calabar. Idaresit Rufus Davies (Branch Head)

08065176296/08098680434nd10. OWERRI BRANCH OFFICE 2 Floor Unique Mall, Plot 562,

www.unitykapital.com

[email protected]

Tel:09

UNITYKAPITAL ASSURANCE PLC

Ikenegbu Layout, Owerri Michael Emeka Opara (Branch Head)

Tel: 08033320438/07023163875

11. ONITSHA BRANCH OFFICE No. 41 New Market Road, NOC Link

Plaza, Onitsha. Alfred Mbonu (Branch Head) '08055931272

12. ENUGU BRANCH OFFICE 148, Zik Avenue, Uwani, Enugu

Ugwuanyi Sunday Godwin (Branch Head) 08033242652st13. ABA BRANCH OFFICE 1 Floor, Unity Bank Office, No.7, Factory

Road, Aba, Opp. Mr. Biggs. Abia State Emmanuel Ekekwe. (Branch Head)

08054657988/0806840646514. Head Office Annex (Lagos) Plot 1698 C &D Oyin Jolayemi Street,

V.I. Lagos Orji Leonard C. AGM (SR/Biz Development, South)15. LAGOS ZONAL officeplot 1698 C &D Oyin jolayemistreet, V.I.

Lagos Ojo Samuel (Zonal Head) 08023065653/0803520981116. VICTORIA ISLAND BRANCH OFFICE Plot 1698 C&D, Oyin Jolayemi

Street, Victoria Island, and Lagos. Francisca Nonyelum Okafor (Mrs) (Branch Head)08033800554

17. LAGOS ISLAND BRANCH OFFICE 1st Floor, Kingsway Building, 51/52, Marina Lagos. 08029067882 (Branch Head) Adeleye Aderogba

18. GBAGADA BRANCH officeplot 173, Gbagada/Oshodi Expressway, Opp. UPS Express Office, Lagos. Ngozika Ajuzie (Miss) (Branch Head) 08063806388/08021119666

nd19. APAPA BRANCH OFFICE 2 Floor, Unity Bank Office, Eleganza Plaza, No3, Wharf Road, Apapa Christie Okwudishu (Mrs.) (Branch Head) 08033825511

20. Iba Oluyole Mall, 16, Obafemi Awolowo Rd, J' Allen, Degbe, Okebola, Ibadan Idowu Olaide Egbeolowo (Zonal Head) 08023065653/08035209811

21. IBADAN BRANCH OFFICE Iba Oluyole Mall, 16, Obafemi Awolowo Rd, J' Allen, Degbe, Okebola, Ibadan Ganiyu Ishawu Adedeji (Branch Head)08066216641

st22. BENIN BRANCH OFFICE No 82, 1 East Circular Rd, Benin City, Edo State. Ekomwa Anthony Denny (Branch Head)07039377720

nd23. AKURE BRANCH OFFICE Bank of Industry building, 2 Floor, oval stwing, Opp. 1 Bank Plc, Alagbaka, Akure. Morakinyo Olugbenga

(Branch Head) 0806886304524. Bauchi Zonal Office Gidan Mai, Off Adamu Jumba Road, By Local

Government Pension Board Bauchi. Abdu, Ibrahim Shehu (Zonal Head) 08053200132

25. BAUCHI BRANCH OFFICE Gidan Mai, Off Adamu Jumba Road, By Local Government Pension Board, Bauchi. Amina Lame Ahmed (Branch Head) 08036445053

26. MAIDUGURI BRANCH OFFICE Unity Bank Plc Premises, Lake Chad Rd Branch, Maiduguri, Borno State. Bala Ibrahim Sale (Branch Head) 08067574113

27. DUTSE BRANCH OFFICE Suite F2, No. 7 G9 Rd, Dutse 28. SOKOTO BRANCH OFFICE 11, Maiduguri Rd. Sokoto State Salisu

Mohammed Ali (Branch Head) 0816937309629. GOMBE BRANCH OFFICE Gombe State Inv. Building, Behind Govt.

House, Off Pantami Rd Auwal Abubakar (Branch Head) 08034516766 30. Head Office Annex (Kano) Dogo Michael Danjuma AGM (Biz

Development, North)31. KANO ZONAL OFFICE UnityKapital House,116, Hadejia Road Kano.

Mahmoud Abdullahi (Zonal Head) 0803567548832. KANO BRANCH OFFICE UnityKapital House, No116, Hadejia Rd,

Kano. Sabo Salmanu (Branch Head) 0803567548833. KADUNA BRANCH OFFICEUnity Bank Regional Office Building,

Intercity Bank Rd, Mogadishu Layout, Off Ahmadu Bello Way, Kaduna. Ibrahim Bashir Mormoni (Branch Head)08056202444

34. KATSINA BRANCH OFFICE Katsina State Investment & Property Dev. Co Ltd Building, No61 IBB Way, Katsina. Usman Aliyu (Branch Head) 08036869133

35. YOLA BRANCH OFFICE No. 4 Gimba Road, Opposite Diwarki Pharmacy, Jimeta, Yola. Ahmed Buba (Branch Head) 08037867737

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No. 11A Ligali Ayorinde Street, Victoria Island, Lagos Tel: 01 8753226, 01 4716243Fax: 01 6213219 E- mail: [email protected], [email protected]. Website: www.universalinsuranceplc.com DATE OF INCORPORATION: 1st March, 1961 DATE OF COMMENCEMENT OF OPERATION: 30th May, 1961 NAME OF CHIEF EXECUTIVE OFFICER: BEN UJOATUONU

NUMBER OF BRANCHES 1. Hipo House 274, Port Harcourt Express RD/Ekere St. Junction

Tel: 080-63264031, 476950,23486612. No 28, Plot 504, Bangui Street, Wuse II Abuja Tel: 080-330054453. No 4 Ridgeway/Station Rd P.O BOX 360 Enugu 080-37505530

042-250087, 042-3014824. 4 Assumpta/ Tellow RD Nigerian Agricultural & Rurak Dev. Bank

Building, Owerri Imo State5. 4A, Oguta Road Opposite DMGS Onitsha, Anambra State

080-33204223 6. 4, Afikpo Road ,Abakaliki Ebonyi State 080-332042237. Benin City

NAME OF CHIEF EXECUTIVE OFFICER: MR. RANTIMI OGUNLEYENUMBER OF BRANCHES AND ADDRESSES:1. 2nd Floor ,Plot 6,Intercontinental Bank Building ,Jos Street, Area

3, Abuja, FCT2. Intercontinental Bank Building Ring Road Ibadan3. Intercontinental Bank Building ,130 Akpakpava Road,Benin4. 420 Tran Amadi,Industrial Layout PH5. Gidan Goldie ,2 Niger Street,Kano6. Intercontinental Bank Regional Office , Plot 7 , Ebeano Layout

Garden Avenue , Enugu

UNIVERSAL INSURANCE PLC

WAPIC INSURANCE PLC

RC 1647

50, Awolowo Road,Ikoyi Lagos.Tel: 01 4615153,8119857E - mail :[email protected] :- www.intercontinentalwapic.comDATE OF INCORPORATION: 1958DATE OF COMMENCEMENT OF OPERATION:- 1958

NAME OF CHIEF EXECUTIVE OFFICER: MRS. YINKA ADEKOYANUMBER OF BRANCHES AND ADDRESSES:

1. Access Bank Building 2nd Floor, Plot 6 Jos Street Area 3 (Opp.

Sharon Ultimate Hotel) Abuja 0818 189 7300 ZONAL MANAGER:

AISHA AMADE

2. Access Bank Building, 70 Mission Road, Benin Edo State 0702

905 5204 ZONAL MANAGER: EFFIONAYI OGBEMUDIA

3. Access Bank Building, beside Tantalizer, Mobil, Ring Road, Ibadan

0702 903 7801 ZONAL MANAGER: GBADEBO AJAYI

4. 2, Niger Street Gidangoldie Kano, Kano State 0702 825 2429

ZONAL MANAGER: YINKA ADENIYI

5. Access Bank Building 41, Trans Amadi Industrial Layout, Port Harcourt,

Rivers State 0702 801 5724 ZONAL MANAGER: EKANEM EMMANUEL

6. Access Bank Regional Office, Plot 7, Ebeano Layout, Garden

Avenue Enugu 0819 040 5563 ZONAL MANAGER: NGOZI

OBIOHA-NKEMDIRIM (MRS)

WAPIC LIFE ASSURANCE LTD

Plot 280,Ajose Adeogun Street, P.O. Box 75315, Victoria Island, LagosTel: 01 271004 , 2783421, Fax: 01 4613705E- mail: [email protected]; www.zenithinsurancecoy.comDATE OF INCORPORATION: 1970DATE OF COMMENCEMENT OF OPERATION: 24th November, 1977NAME OF CHIEF EXECUTIVE OFFICER: MRS.EBELECHUKWU B. NWACHUKWU

ZENITH GENERAL INSURANCE COMPANY LIMITED

RC 6761

RC 6761

ZENITH LIFE ASSURANCE COMPANY LIMITED

Plot 280,Ajose Adeogun Street, P.O. Box 75315, Victoria Island, LagosTel: 01 271004 , 2783421 Fax: 01 4613705E- mail: [email protected]; www.zenithinsurancecoy.comDATE OF INCORPORATION: 1970DATE OF COMMENCEMENT OF OPERATION: 24th November, 1977NAME OF CHIEF EXECUTIVE OFFICER: MR. CHUKS IGUNBORBRANCH AND REGIONAL OFFICES :1. 131a Adetokunbo Ademola Street, Wuse II, Abuja2. 65, Adeniyi Jones, Ikeja3. 20A ,Presidential Road , Enugu4. 15, Warehouse Road , Apapa 5. 130,Broad Street , Marina 6. Plot 73, Rumuola Road, Port Harcourt, Rivers State .Portharcourt.7. Warri-Sapele Road, Opp Urhobo College, Effurun, Delta State, Warri 10. 1, Obafemi Awolowo Road , J-allen Round about Dugbe, Ibadan11. 56, Tafawa Balewa Way , Kano12. 89/91 Sapele Road, Opp Ministry of Works, Benin13. 9, Yakubu Gown way, Kaduna north, Kaduna

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eddie efekoha - Nigerian Insurers Association

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