AIICO fundamentals

AIICO Insurance Plc engages in the provision of risk underwriting and related financial services. It operates through the following business segments: Life Insurance, Non-Life Insurance, Health, Pension Management, and Wealth Management. The Life Insurance segment offers savings, protection products and other long-term contracts. The Non-life Insurance segment products offered include motor, household, commercial and business interruption insurance. The Health segment offers prepaid health plans to cater for the health needs of individuals and corporate organizations. The Pension Management segment operates as a Pension Fund Administrator by the National Pension Commission, which provides pension administration services to private and public sector contributors. The Wealth Management segment carries out portfolio or fund management services. The company was founded in 1963 and is headquartered in Lagos, Nigeria.