Niger at a glance

Niger Insurance Plc, which has its registered head office at No 48/50, Odunlami Street Lagos, was established in August, 1962 as a specialist life Company under the name Yorkshire Insurance Company. The public quoted composite Insurance Company, presently operates with an asset base in excess of N13.7 billion and a fully paid-up of 1.975 billion and authorized share capital of N3 billion. The company has a share-holder's fund of over N6.4 billion.

The Management Team of the company is made up of well trained, highly skilled and competent professionals. The company is fully computerised and relies on the most advanced Information Technology equipments. Its computer network can easily accommodate future expansion in business volume due to an inbuilt flexibility mechanism. The company has also put in place sound reinsurance treaties with first class Reinsurance Companies.

The above qualities, among others, have no doubt enhanced the company's impressive customer patronage, efficiency, financial stability and consistent profitability track record over the years.


REGISTERED NUMBERS:
RC 6484
Life Business: RI-12/L

BANKERS:
Central Bank of Nigeria
Union Bank of Nigeria Plc
First Bank of Nigeria Plc
United Bank of Nigeria Plc

REGISTRAR:
NIC Securities & Trust Limited
47 Marina, Lagos
Tel: 012663287

AUDITORS:
Baker Tilly Nigeria,
(Chartered Accountants)
Kresta Laurel Complex (4th floor)
376 Ikorodu Road,
Maryland, Lagos.

NUMBER OF EMPLOYEES:
341

FINANCIAL YEAR:
31st December

MEMBERSHIP OF ORGANISATION:
NIA, LCCI, NIM, WAICA

SUBSIDIARIES:
NIC Properties Limited
NIC Securities & Trust Limited
River Plaza & Shopping Mall Limited