NEM Insurance Plc

NEM

NGNEM0000005

Property & Casualty Insurance

End-of-day quote Nigerian S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
10.35 ^NGN	0.00%		0.00%	+64.29%

Jan. 30	NEM Insurance Plc Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Jan. 30	NEM Insurance Plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

Nem Insurance plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

January 30, 2020 at 06:04 am EST

NEM Insurance Plc announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net income was NGN 1,474.863 million compared to NGN 420.059 million a year ago. For the full year, net income was NGN 3,515.783 million compared to NGN 2,020.636 million a year ago.

Latest news about NEM Insurance Plc

NEM Insurance Plc Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 30	CI
NEM Insurance Plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 30	CI
NEM Insurance Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-27	CI
NEM Insurance Plc Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-27	CI
NEM Insurance Plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-01-27	CI
NEM Insurance Plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-01-27	CI
NEM Insurance Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-28	CI
NEM Insurance Plc Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-28	CI
NEM Insurance Plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-01-27	CI
NEM Insurance Plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2020	21-01-29	CI
Nem Insurance plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2019	20-01-30	CI
Nem Insurance plc Reports Earnings Results for the Full Year Ended December 31, 2018	19-04-25	CI
Atlantic Coast Regional Fund LLC II, fund managed by the Advanced Finance & Investment Group LLC acquired 29.9% stake in NEM Insurance Plc.	19-01-17	CI
NEM Insurance plc Announces Board Changes	15-01-05	CI

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Company Profile

N.E.M. Insurance Plc is a non-life insurance group organized around 7 areas of activity: - car insurance (28.5% of gross written premiums); - fire insurance (22.7%); - accident insurance (17.5%); - oil and gas insurance (15.6%); - marine insurance (13.8%); - reinsurance (1.9%); - agriculture insurance (0.3%). All gross written premiums are in Nigeria.

Sector

Property & Casualty Insurance

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

10.35 NGN

Average target price

6.17 NGN

Spread / Average Target

-40.39%

Consensus

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