AIICO INSURANCE : QUARTER 1 - FINANCIAL STATEMENT FOR 2025

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[{"type":"text","content":"\n \n \n UNAUDITED CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025\n \n \n \n Table of contents Page\n Corporate Information 2\n \n \n Consolidated Results at a Glance - The Group 5\n \n \n Results at a Glance - The Company 6\n \n \n Shareholding structure and free float status 7\n \n \n Statement of Directors' Responsibilities in Relation to the Consolidated and Separate Financial Statements 8\n \n \n Statement of Corporate Responsibility for the Consolidated and Separate Financial Statements 9\n \n \n Material Accounting Policies 10\n \n \n Consolidated and Separate Statements of Financial Position 47\n \n \n Consolidated and Separate Statements of Profit or Loss and Other Comprehensive Income 48\n \n \n Consolidated Statement of Changes in Equity - the Group 49\n \n \n Separate Statement of Changes in Equity - the Company 50\n \n \n Consolidated and Separate Statements of Cash Flows 51\n \n \n Segment Information 52\n \n \n Segment Statement of Profit or Loss and Other Comprehensive Income 53\n \n \n Segment Statement of Financial Position 55\n \n \n Notes to the Consolidated and Separate Financial Statements 57\n \n \n Revenue Account of Life Business 107\n \n \n Revenue Account of General Business 108\n \n \n \n 1\n \n Corporate Information\n \n \n Directors\n \n \n Mr. Kundan Sainani (Indian)\n \n \n Chairman of the Board\n \n \n Mr. Babatunde Fajemirokun\n \n \n Group MD / CEO\n \n \n Mr. Adewale Kadri\n \n \n Executive Director\n \n \n Mr. Gbenga Ilori\n \n \n Executive Director\n \n \n Mr. Samaila Zubairu **\n \n \n Non-Executive Director\n \n \n Mr. Ademola Adebise\n \n \n Mrs. Oluwafolakemi Edun (nee Fajemirokun) Mr. Olalekan Akinyanmi\n \n \n Mr. Raimund Snyders * Mrs. Kemi Adewole\n \n \n Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director\n \n \n Key\n \n \n *\n \n \n **\n \n \n South African by Nationality Independent Director\n \n \n Company Secretary\n \n \n Dr. Donald Kanu\n \n \n AIICO Insurance Plc AIICO Plaza\n \n \n Plot PC 12, Churchgate Street\n \n \n Victoria Island, Lagos\n \n \n Registered Office\n \n \n AIICO Plaza\n \n \n Plot PC 12, Churchgate Street\n \n \n Lagos\n \n \n RC No.\n \n \n 7340\n \n \n TIN\n \n \n 00401332-0001\n \n \n Corporate Head Office\n \n \n AIICO Plaza\n \n \n Plot PC 12, Churchgate...

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