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CORONATION INSURANCE
Coronation Insurance Plc, one of the insurance companies listed on the NGX, says its stronger capital base will allow it to take on larger insurance risks and grow its premium income.
Coronation Insurance Plc said it is targeting larger insurance risks after raising N9.2 billion in additional capital during the insurance sector recapitalisation exercise.
The Nigerian stock market ended August on a mildly positive note, posting a 0.31% gain despite late selloffs in some heavyweight stocks.
Coronation Insurance posted a pre-tax profit of N2.6 billion in its recently published financial statement for the second quarter of 2024.
In July, the NGX posted a 2.28% decline as the All-Share Index moved from 100,057.49 at the start of the month to end the month at 97,774.22.
Artificial Intelligence (AI) is revolutionizing industries worldwide, including the Nigerian insurance industry. Imagine a future where filing a car accident claim is as easy as chatting with a friend.
Coronation Insurance Plc has reported a remarkable year-on-year profit growth of 192% for the fiscal year 2023.
Coronation Insurance Plc is pleased to announce a virtual webinar event with the theme "Insurance: A Key Partner for Business Success in a Challenging Environment".
While a terminal illness diagnosis is without doubt far more devastating than being diagnosed with a critical illness, the hard financial facts are that in most instances critical illnesses which often persist for many years or even decades, can be far more financially devastating than terminal illnesses.
In today's uncertain business environment, it is essential for companies to reduce their exposure to market risk.
In today's world, there are many uncertainties that can affect our lives, including health issues, financial troubles, job insecurity, and environmental hazards.
To the average person, understanding how their insurance provider is reinsured might seem a little academic or even entirely irrelevant.