By Esther Agbo Cornerstone Insurance Plc has expressed readiness for potential regulatory changes, particularly in the area of recapitalisation, as the industry braces for new capital requirements proposed by the National Insurance Commission. The company’s Managing Director, Stephen Alangbo, made…
The Managing Director, Cornerstone Insurance Plc, Mr Stephen Alangbo has said that the total assets of the company hit N70 billion at the end of second quarter of 2023. Alangbo, also Chief Executive Officer (CEO) of the insurance company…
By Philemon Adedeji Cornerstone Insurance plc has announced the appointment of Mr. Stephen Alangbo as the company’s new managing Director/Chief Executive Officer with effective from 1st July 2023. Mr Alangbo succeeds Mr. Ganiyu Musa, the outgoing Group Managing Director of…
By Philemon Adedeji Cornerstone Insurance Plc has reported a big slash in net exchange loss from about N763 million in the first quarter of last year to less than N17 million at the end of the first quarter has powered…
Cornerstone Insurance plc, the Nigeria based company, engaged in the provision of life and non-life insurance services, held its 31st Annual General Meeting (AGM), on Wednesday at Muson centre Onikan Lagos,where all resolutions were approved by the shareholders of the…
By Kayode Tokede Cornerstone Insurance Plc, on Tuesday said it recorded a Gross Premium Written of N 17.53 billion for the year ended Dec. 31, 2020. Chairman of the company, Mr Segun Adebanji announced this at the 29th Annual General…
Cornerstone Insurance has recorded a drop in its full year 2020 profit by as much as 46.6 per cent despite a signifcant improvement in its gross premium written (GPW), according to its financial report seen by Nigerian NewsDirect agent. The…
By Kayode Tokede Cornerstone Insurance Plc has said it awaits National Insurance Commission (NAICOM) to approve 2020 financial year results for year ended December 31, 2020 after the board of directors’ approval. The Company Secretary, PAC Solicitors in a statement…
