AFRINSURE - African Alliance Insurance
African Alliance Insurance Plc, incorporated as a private limited liability company on May 6, 1960, is the first indigenous insurance to carry out the business of life assurance in Nigeria. The company was originally set up in partnership with Munich Reinsurance Company of Germany, the largest reinsurance Company in the world. In 2005 African Alliance Insurance (then still a limited liability company) in a joint venture with First Securities Discount House Ltd. set up Pensions Alliance Limited, a licensed pension fund administrator. In 2009, African Alliance was listed on the Nigerian Stock Exchange, thus becoming known as African Alliance Insurance Plc.
|Live Trading Feed||Growth & Valuation|
|Opening Price:||0.24||Earnings Per Share:||--|
|Day's Low Price:||0.22||Price/Earning Ratio:||--|
|Day's High Price:||0.22||Dividend Per Share:||--|
|Traded Volume:||6,952,587||Dividend Yield:||--|
|Number of Deals:||14||Shares Outstanding:||20.59b|
AFRINSURE Stock Market Performance
The current share price of African Alliance Insurance (AFRINSURE) is NGN 0.24. The AFRINSURE stock closed its last trading day (Thursday, January 21, 2021) at 0.24 NGN per share on the Nigerian Stock Exchange, recording a 7.69% drop from its previous closing price of 0.26 NGN. AFRINSURE began the year with a share price of 0.20 NGN and has since gained 20% on that price valuation, ranking it 29th on the NSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of African Alliance Insurance on the Nigerian Stock Exchange.
Profile of African Alliance Insurance
African Alliance Insurance operates in the Financials sector. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
|Factsheet of African Alliance Insurance|
Old Niger House, Marina, 163/165 Ring Rd, Lagos, Nigeria
AFRINSURE Industrial Market Competitors
African Alliance Insurance, issuers of the AFRINSURE stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|MBENEFIT||Mutual Benefits Assurance||5.59b||0.50||+85.2%|
|SOVRENINS||Sovereign Trust Insurance||4.09b||0.36||+80.0%|
|REGALINS||Regency Alliance Insurance Co.||2.53b||0.38||+72.7%|
|NEM||N.E.M. Insurance Company||26.99b||2.69||+50.3%|
|NIGERINS||Niger Insurance Company||2.32b||0.30||+50.0%|
|VERITASKAP||Veritas Kapital Assurance Plc||3.88b||0.28||+40.0%|