Royal Exchange Assurance Nigeria Plc 2022 Annual Report

Royal Exchange Assurance Nigeria Plc (ROYALE.ng) 2022 Annual Report

By Published On: September 12, 2023TYPE: Annual ReportsYear: 2022Period: Country: NigeriaSector: Insurance

Royal Exchange Assurance Nigeria Plc (ROYALE.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released its 2022 annual report.

For more information about Royal Exchange Assurance Nigeria Plc (ROYALE.ng) reports, abridged reports, interim earnings results and earnings presentations visit the Royal Exchange Assurance Nigeria Plc (ROYALE.ng) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Royal Exchange Assurance Nigeria Plc (ROYALE.ng) in the past 12 months, as of 1st July 2023, is US$760.53K (NGN360.77M). An average of US$63.38K (NGN30.06M) per month.

Royal Exchange Assurance Nigeria Plc 2022 annual report

Company Profile

Royal Exchange Assurance Nigeria Plc is an insurance company in Nigeria licensed to cover life and non-life insurance. This includes general insurance, health insurance and life assurance. The company also offers banking products and services for asset management, credit financing and microfinancing. General insurance products include money guard, burglary protection, fire protection, transit plan, public building liability, motor guard, workmen’s plan, personal and group care, group life assurance, home secure, aviation, marine, engineering, oil and gas, in-house protection and bonds and professional indemnity services. Other general insurance products include heritage, family support, personal, tuition, investment annuity, educational endowment, endowment plans and mortgage protection assurance products. Royal Exchange Assurance Nigeria Plc offers reserve investment accounts, investment notes, high-yield investment papers, vehicle and asset acquisition scheme, mortgage financing and financial advisory services. Credit products include finance and customer leasing, short-term and trade finance loans, and short-term project and LPO financing services. Royal Exchange Assurance Nigeria Plc offers a range of products and services for healthcare insurance and operates as a health maintenance organisation which provides financial intermediation within the health industry. The company’s head office is in Lagos, Nigeria. Royal Exchange Assurance Nigeria Plc is listed on the Nigerian Stock Exchange