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African Alliance Insurance Plc logo

African Alliance Insurance Plc

AFRINSURE
NGX: AFRINSURE Delayed
0.2000NGN 0%
0.0001 USD
As of 10 June 2026, African Alliance Insurance Plc has a market cap of $3.03M USD, ranking #46119 globally and #128 in Nigeria. It ranks #4572 in the Financial Services sector, and #108 in the Insurance - Life industry.
Global Rank
46119
Country Rank
128
Sector Rank
4572
Industry Rank
108
Key Stats
Market Cap
$3.03MUSD
4.12B NGN
Revenue (TTM)
$6.07MUSD
8.25B NGN
EBITDA (TTM)
-$4.19MUSD
-5.69B NGN
Net Income (TTM)
-$2.09MUSD
-2.84B NGN
EBITDA Margin
-69%
Profit Margin
-34%
PS Ratio
0.5
PB Ratio
0.8
Company Profile
Country (HQ)
Sector
Financial Services
Industry
Insurance - Life
CEO
Joyce Ojemudia open_in_new
Employees
172
Founded
1960
Website
africanallianceplc.com open_in_new
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Markets

Exchange Ticker Price
Nigerian Stock Exchange
MIC: XNSA
PRIMARY
AFRINSURE
African Alliance Insurance PLC
ISIN: NGAFRINSURE4
Shares Out.:
20.585B1 Shares Float: 8.1B2
TV:
SA:
YF:
GF:
BA:
MS:
0.2000 NGN
1Market cap is calculated using shares outstanding.
2Float shares are publicly tradable shares, excluding insider-held stock.

About African Alliance Insurance Plc

African Alliance Insurance Plc provides risk underwriting for life, related financial and pension, aviation, and hospitality services for corporate and individual customers in Nigeria. It operates through Life Insurance Business and Air Freight Business segments. The company offers group life policies, traditional life policies, and investment linked and annuity policies; cargo air transportation through leasing arrangements; annuity, children education, and mortgage protection plan insurance; takaful; and savings and investment products. It also owns and manages airline; and operates restaurants, as well as provides catering services. The company was incorporated in 1960 and is headquartered in Lagos, Nigeria. African Alliance Insurance Plc operates as a subsidiary of Conau Limited.

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