CORNERSTONE INSURANCE PLC |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2 NGN | 0.00% |
|
+1.01% | +42.86% |
Business Summary
- non-life insurance (72.5% of gross written premiums): oil and gas insurance (35% of gross written premiums), engineering insurance (24.9%), fire insurance (16.2%), automobile insurance (13.2%), accident insurance (6.1%) and marine insurance (4.6%);
- life insurance (25.7%);
- Islamic insurance (1.9%).
The total gross written premiums are performed in Nigeria.
Number of employees: 182
Sales per Business
| NGN in Million | 2021 | Weight | 2022 | Weight | Delta |
|---|---|---|---|---|---|
Life
41.6
%
| 4,204 | 31.5 % | 6,089 | 41.6 % | +44.83% |
Non-Life
38.6
%
| 6,531 | 48.9 % | 5,650 | 38.6 % | -13.49% |
Fin Insurance
16.0
%
| 2,309 | 17.3 % | 2,344 | 16.0 % | +1.51% |
Hilal Takaful
3.7
%
| 316 | 2.4 % | 540 | 3.7 % | +70.61% |
Elimination of Inter-segment Transactions
0.0
%
| 0 | 0.0 % | 0 | 0.0 % | - |
Sales per region
| NGN in Million | 2021 | Weight | 2022 | Weight | Delta |
|---|---|---|---|---|---|
Nigeria
100.0
%
| 13,361 | 100.0 % | 14,622 | 100.0 % | +9.44% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Stephen Alangbo
CEO | Chief Executive Officer | - | 01/22/01 |
| Director of Finance/CFO | - | 01/20/01 | |
Peter Ekwueme
CTO | Chief Tech/Sci/R&D Officer | - | 14/23/14 |
| Chief Tech/Sci/R&D Officer | - | 01/19/01 | |
| Director/Board Member | - | - | |
Cordelia Ekeocha
IRO | Public Communications Contact | - | - |
| Investor Relations Contact | - | - | |
Emeka Ogumka
TRE | Treasurer | - | - |
| Corporate Officer/Principal | - | - |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
| Chairman | - | 17/18/17 | |
Steve Iwenjora
BRD | Director/Board Member | - | - |
Stephen Alangbo
CEO | Chief Executive Officer | - | 01/22/01 |
Ekwunife Okoli
BRD | Director/Board Member | - | 22/16/22 |
| Director/Board Member | - | - | |
| Director/Board Member | - | - | |
Ogechi Adeola
BRD | Director/Board Member | - | - |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 18,166,393,731 | 3,677,883,956 ( 20.25 %) | 134,260,000 ( 0.7391 %) | 20.25 % |
Company contact information
Cornerstone Insurance Plc
21, Water Corporation Drive Off Ligali Ayorinde Street
101007, Lagos
+234 1 2806500
http://www.cornerstone.com.ng
Sector
Sales per Business
| 1st Jan change | Capi. | |
|---|---|---|
| +42.86% | 2.37Cr | |
| +10.52% | 11TCr | |
| +21.54% | 11TCr | |
| +10.53% | 10TCr | |
| +7.32% | 7.47TCr | |
| +28.64% | 3.02TCr | |
| +10.83% | 2.02TCr | |
| +1.87% | 1.32TCr | |
| +17.07% | 1.22TCr | |
| +13.68% | 1.11TCr |
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