Guinea Insurance Plc. is a composite insurance company, licensed by the National Insurance Commission [NAICOM] to operate as an insurer for all aspects of the Insurance business in Nigeria i.e. Life & Pension, general business and special risks. The share capital has been increased to N500m with paid up of N360m. The overseas shareholders held 51% majority shares before the indigenization decree of 1976, reversed the holding to 60% Nigerian interest, 40% overseas. The overseas shareholders divested their 40% holding to existing nigerian shareholders in 1988 thereby making the company 100% nigerian. The company is one of the most highly capitalized companies in the nigerian insurance industry.
Headquarters
Guinea Insurance House, 33, Ikorodu Road, Jibowu
Lagos; Lagos;
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Website: http://www.guineainsurance.com
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