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AIICO INSURANCE - ANALYSIS

AIICO Insurance recently released its first-half 2024 results, showcasing an impressive pre-tax profit growth of 98.26%, reaching N14.38 billion.  
Mansard's recent Q1 2024 earnings report has captivated attention and applause. With an astounding 704% surge in pre-tax profits, the company seems poised for outstanding performance in 2024.
A total of 92,413 RSA pension contributors changed their pension fund administrators in 2022, representing a 90.2% increase from 2021
SMURFIT (+10.00%) led the gainer’s chart today, while AFRINSURE (-8.33%) was the top loser.
Zenith Bank had earlier released its audited financial year 2020 results showing impressive growth on the back of a stellar Q4 outing.
Financial analysts and experts discuss with Nairametrics their favourite US-based stocks to invest in.
Fifteen (15) equities depreciated in price, lower than twenty-eight (28) equities in the previous week.
It has not been uncommon over the years to have insurance companies with pension subsidiaries.
AIICO's gross written premiums for FY 2019 also increased by 33% to N50.1 billion last year
It appears there is a correlation between insider dealings and share prices.
As a pioneer merchant bank, Sterling Bank, formerly NAL Bank, is time tested and has survived many battles.
AIICO's gross premium earned advanced by 37.13% YoY to NGN35.56 billion, driven by the extensive distribution network of the firm.